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MetaMask mobile app
MetaMask is a non-custodial cryptocurrency wallet with which users can store, manage, send and receive their cryptocurrencies and NFTs. It is available as both a browser extension and a mobile application. MetaMask is one of the world’s most popular and most recognizable wallets. Through MetaMask, users can securely connect to a plethora of decentralized applications (dapps) and perform numerous actions directly in the wallet.
MetaMask was created in 2016 by Consensys employees Dan Finlay and Aaron Davis. Consensys is a blockchain software technology company founded by Joseph Lubin, one of the co-founders of Ethereum. MetaMask development began with the goal of making it easier for users to interact with the Ethereum blockchain and its ecosystem.
The wallet's integration with popular web browsers like Google Chrome and Firefox allowed it to reach a broad audience of cryptocurrency users and developers. As the Ethereum ecosystem expanded, so did MetaMask’s functionality. In 2017, the wallet began supporting ERC-20 tokens (tokens built on the Ethereum blockchain), enhancing its utility for users participating in token sales and various DeFi applications.
In 2019, MetaMask launched a beta version of its mobile application for iOS and Android, with full release on both platforms launching in 2020, enabling cross-platform synchronization and allowing users to access their wallets on their mobile phones. The rise of DeFi in 2020 and 2021 significantly boosted MetaMask's adoption, and MetaMask began supporting other blockchains, starting with Binance Smart Chain in 2020. Following Binance Smart Chain, MetaMask expanded its support to include other Ethereum Virtual Machine (EVM) compatible blockchains such as Polygon, Avalanche, and Fantom.
Consensys reported over 5 million monthly active users in April 2021. Over time, MetaMask has continued to roll out functions that can be carried out directly in-app, such as swaps, bridging, staking and cashing out to fiat. Between September 2023 and January 2024, Consensys reported over 30 million monthly active users.
Features and Functions
MetaMask offers a range of functions designed to provide a seamless and secure experience for cryptocurrency users. It allows for secure storage, sending, and receiving of Ethereum and ERC-20 tokens, managing multiple wallet addresses and the import/export of private keys.
While MetaMask began with a focus on Ethereum, it has since expanded to provide support across a variety of blockchains, including Binance Smart Chain, Avalanche, Fantom, and Polygon and Ethereum Layer 2 solutions.
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MetaMask also provides robust transaction management capabilities, including viewing and managing transaction history and customizing gas fees for transactions. Users can bridge tokens between blockchains directly in the app, carry out near-instant token swaps at current market prices, and purchase crypto with fiat, all directly within the application. Ethereum users also have staking options directly within the app without navigating to another outside application.
MetaMask has several security features, including password protection and encryption for private keys, support for hardware wallets like Ledger and Trezor, and seed phrase backup and recovery options. In 2024, MetaMask integrated security alerts from Blockaid, to assist users in preventing malicious transactions.