MetaMask vs Coinbase wallet- A comprehensive review
If you ever happen to be in the crypto trading industry, then you must be aware of the popularity of these crypto wallets i.e. Coinbase wallet and MetaMask wallet. But, what if you have to choose one between the two? Well, there is no doubt that both of them are extremely efficient and popular. However, it completely depends on us which crypto wallet we choose to store our crypto tokens.
Hence, in this write-up, I will be reviewing MetaMask vs Coinbase wallet so that you can come to a conclusion and get your hands on the best one between the two. Before I begin, I would like you to create a checklist of the things you are looking for in a crypto wallet.
The wallet that best comprehends your requirements will be the ideal wallet choice for you.
What is a MetaMask wallet?
If you happen to come across the usage of this wallet as a first-time user, then you must gain prior knowledge about it. In short, we can say that MetaMask is a crypto wallet that allows you to store and manage your crypto assets that are based on the Ethereum blockchain. This software crypto wallet is available as a browser extension for several browsers and can be installed as an app as well. Apart from storing your crypto assets, this wallet is also used for the purpose of interacting with dApps.
Next in our review on MetaMask vs Coinbase wallet, I shall be giving you a brief introduction to Coinbase wallet.
What is a Coinbase wallet?
This is a hot crypto wallet that allows you to make sure that you are able to safely manage and transfer your crypto assets. The best thing about this crypto wallet is that it is not restricted to the usage of only one single blockchain meaning that you can only store crypto assets that are based on different blockchains. The wallet is winning the hearts of a lot of users by offering a simple and easy-to-use interface. Speaking about the usage of this wallet, it is available as a Chrome browser extension as well as a mobile app.
Positive aspects of MetaMask and Coinbase wallet
Both MetaMask vs Coinbase wallet are easy to use and both are hot crypto wallets
MetaMask and Coinbase wallet is decentralized wallets that allow you to fully control your wallet without any interruption from anyone else
When it comes to the security factor of these wallets both of them offer you top-notch security features and a 12-word secret recovery phrase is there to help you restore your wallet and maintain its security
Both MetaMask and Coinbase wallet work on Mobile as well as PC
Points of Comparison: MetaMask vs Coinbase wallet
Although they both are filled with perks and benefits, it should be noted that at some point, one takes over the other platform which brings about the point of difference between the two. Hence, we shall be having a look at the different points of comparison between the two wallets.
While MetaMask is supported on different browsers such as Chrome, Brave, Opera, Edge, and Firefox, this is not the case with the Coinbase wallet. Though the Coinbase wallet does work on the web browser, its usage is limited to the Chrome wallet only.
In addition to that, it should be noted that MetaMask supports a wide range of crypto assets. However, this wallet does not support the holding of Bitcoin, which is a very popular crypto asset. On the other hand, Coinbase may not support diverse crypto assets, but it allows you to store Bitcoin on it.
While comparing MetaMask vs Coinbase wallet, security is a factor that one needs to be considerate about. Speaking about the security of these wallets, it should be noted that both of these wallets have top-notch security and you can rely on both of them in this aspect.
Conclusion:
To sum it up, it should be noted that both wallets are beneficial in different factors and terms. So, it completely depends on a user whether he wishes to use MetaMask wallet or Coinbase wallet. Before you pick one wallet, make sure that you have the checklist of the required features ready with you and then it would be easy for you to decide which wallet would work best for you.