MetaMask

MetaMask, developed by ConsenSys, is the world's leading self-custodial wallet and Web3 gateway for Ethereum and EVM-compatible blockchains.

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What you should know about MetaMask

Non-Custodial: You hold full control over your funds and private keys via a Secret Recovery Phrase.
Multi-Chain Support: Beyond Ethereum, it natively supports various EVM-compatible networks like Polygon, Arbitrum, BNB Chain, and Avalanche.
Web3 Gateway: Facilitates direct interaction with decentralized applications (dApps), DeFi platforms, and NFT marketplaces.
Security Focus: Users are solely responsible for protecting their Secret Recovery Phrase; MetaMask features built-in security alerts and phishing protection.

Pros & Cons

Strengths

+ Industry standard for Web3
+ Huge dApp ecosystem
+ Custom RPC support

Weaknesses

- No native Bitcoin support
- Frequent target for phishing

AI-Verified Data

founded

2016

MetaMask was created by ConsenSys in 2016.

swap fees

0.875%

MetaMask Swaps charges a built-in service fee of 0.875% on every transaction.

supported networks

EVM compatible

Supports Ethereum, Binance Smart Chain, Polygon, Avalanche, and other EVM-compatible networks.

native bitcoin support

MetaMask does not natively support Bitcoin; users must bridge assets or use wrapped tokens.

parent company

Consensys

MetaMask is a product developed and maintained by Consensys.

hardware wallet support

Yes

Integrates with Ledger, Trezor, Lattice, and Keystone for enhanced security.

MetaMask Ecosystem

MetaMask Wallet

software wallet

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Why use MetaMask

MetaMask's primary Unique Selling Point (USP) compared to competitors like Trust Wallet or Coinbase Wallet is its unrivaled ecosystem integration as the default Web3 wallet and its extensibility through MetaMask Snaps.

While competitors often provide native multi-chain support out of the box, MetaMask remains the absolute standard for EVM (Ethereum Virtual Machine) chains, ensuring guaranteed compatibility with virtually every decentralized application (dApp). Furthermore, the introduction of MetaMask Snaps allows users to install third-party plugins to add support for non-EVM networks (like Bitcoin or Solana), transaction insights, and enhanced security features, making it the most customizable self-custodial wallet on the market.