The recent launch of the Trust Wallet Browser Extension is seen as a direct challenge to Metamask
Trust wallet is known for its commitment to enhanced security while giving power back to the users
Metamask is one of those crypto wallets that has become synonymous with ease of usage in regular crypto transactions
When the demand for non-custodial wallets increased in the market, the attention of the crypto community shifted to Metamask and Trust wallets. Both of these crypto wallets are market leaders in their own segments and the recent launch of the Trust Wallet Browser Extension is seen as a direct challenge to Metamask’s popularity as an Ethereum-based browser extension wallet.
The users consider multiple things while choosing their cryptocurrency wallets, however, things get a little tough when we need to compare two of the best wallets in the market. From supported currencies to the transaction cost, there are a few things that a user must take care of while choosing their non-custodial crypto wallets. To know the exact details of how to choose one - read this blog.
Metamask is one of those crypto wallets that has become synonymous with ease of usage in regular crypto transactions. On the other hand, Trust wallet is known for its commitment to enhanced security while giving power back to the users. Both of these wallets are non-custodial wallets which means that none of them holds custody of the private keys of their crypto wallets.
Trust wallet holds the title for the most number of users on its platform amidst all non-custodial wallets but it could never replace Metamask as Metamask was compatible with browsers. However, things changed recently when Trust wallet launched its browser extension compatible with Brave, Chrome, Edge, Firefox, and other Chromium-based browsers.
Here are some of the key differences between Metamask and Trust wallet that can be critical for their users.
Trust wallet is a multichain wallet that enables the user to transact over multiple Blockchain networks. Metamask is an Ethereum-based wallet that works only in the ETH ecosystem
Trust wallet provides the user with extra features such as staking, DApps, and earning stable interest while Metamaks does not incorporate any of these features.
Trust wallet facilitates transactions on multiple blockchains network but Metamask is Ethereum centric product and operates only in the ETH ecosystem
Trust wallet has proved its metal as a multichain non-custodial wallet and now it has launched the world of web browsers. However, the community of Metamask is strong enough to hold on to the familiarity and simplicity of their favorite wallet. Metamask’s specifications make it a niche product that provides solutions to the problems of a specific audience. On the other hand, Trust wallet caters to a wide audience and excels in that aspect.
What according to you is the best non-custodial wallet among the two? Share your views in the comments!