Trust Wallet vs. MetaMask
Trust Wallet and MetaMask are noncustodial wallets serving millions of crypto users. These cryptocurrency hot wallets enable users to store, send, receive, exchange and purchase cryptocurrencies. They also allow access to decentralized applications (DApps) and decentralized finance (DeFi) projects, including staking.
Both wallets are free to use, although some additional fees can apply. Each wallet has benefits and some significant differences based on the number and type of supported cryptocurrencies and networks.
Supported cryptocurrencies and blockchain networks
Trust Wallet supports over 250,000 cryptocurrencies and tokens from over 65 blockchains, including the largest and most popular networks such as Bitcoin, Ethereum, BNB Chain, Avalanche, Solana, Cosmos, Tron, Eos, Stellar, Ripple, Dogecoin, Litecoin and Cardano.
MetaMask supports Ethereum and any Ethereum-based tokens, such as ERC-20 tokens. Adding further supported networks compatible with the Ethereum Virtual Machine (EVM) is also possible. These networks include BNB Chain, Polygon, Avalanche and Optimism.
Both Trust Wallet and MetaMask support nonfungible tokens (NFTs). However, NFT compatibility follows the wallet’s network compatibility. For example, MetaMask only supports Ethereum-compatible tokens.
Wallet user experience (UX) and user interface (UI) comparison
Trust Wallet has a more straightforward user interface than MetaMask. Both wallets display crypto portfolio balances at a glance, allow quick navigation to send and receive cryptocurrencies using QR codes or addresses, let users swap tokens via a decentralized exchange (DEX), purchase cryptocurrencies with fiat currency or access staking projects and DApps.
Trust Wallet has an integrated DEX (Binance DEX, Uniswap, PancakeSwap, SushiSwap, etc.), while MetaMask has a token swap aggregator that enables users to compare DEX prices from Uniswap, 0x, Kyber Network and others.
Both Trust Wallet and MetaMask use a Web3 browser, allow push notifications and have apps for Android and iOS devices. MetaMask is also available as a browser extension for Chrome, Firefox, Brave and Edge browsers.
Wallet security and privacy
These two wallets are noncustodial, meaning users have full control over private key management and funds. Private keys are encrypted and stored on the user’s device to access the wallet.
Both wallets can be backed up using a 12-word seed phrase and support fingerprint or face ID biometric authentication. Neither wallet collects personal information from users, and both can be anonymous unless the wallet user purchases crypto with fiat, which requires Know Your Customer (KYC) verification.
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Wallet backup and recovery
Connecting hardware wallets such as Ledger or Trezor devices with Trust Wallet and MetaMask is possible for additional security. The 12-word backup seed phrase can provide access to a wallet if a user loses their password, and neither wallet stores the phrase, as it is encrypted from the wallet’s servers.
Trust Wallet vs. MetaMask for DeFi and DApps compatibility
Both wallets have built-in staking functionality. Trust Wallet supports several proof-of-stake (PoS) networks, including Ethereum, Cosmos, Tezos and Tron, but staking isn’t available on its browser extension. MetaMask supports Ethereum, Polygon, Avalanche and others.
DApps and DeFi projects are supported where the wallet supports the applicable host blockchain network. Any DApp gas fees apply. Token swaps and staking on Trust Wallet are free other than provider and network fees. MetaMask, however, charges a markup on the exchange rate itself for its token swap feature. This service fee helps MetaMask cover their costs of integrating with multiple DEXs.
Trust Wallet vs. MetaMask: Key differences
A summary of the key differences between Trust Wallet and MetaMask can be found in the table below:
Trust Wallet token (TWT) vs. MetaMask token
Trust Wallet Token (TWT) is a BNB Smart Chain (BEP-20) utility token that benefits and incentivizes Trust Wallet users. These benefits can include discounts on cryptocurrency purchases and DEX services. TWT holders can participate in Trust Wallet’s governance and vote on proposals for the wallet’s future and its application.
It was revealed early in 2023 that MetaMask would launch its own token and decentralized autonomous organization (DAO), but no further details have been released as of March 2024.
Trust Wallet’s pros and cons
Trust Wallet has a more straightforward user interface and supports more coins, tokens and blockchains than MetaMask, which focuses on Ethereum and Ethereum-compatible networks. Therefore, Trust Wallet supports Bitcoin
BTC
$68,978
, Solana’s SOL$174
, XRP XRP
$0.62
, Cardano’s ADA$0.61
and other cryptocurrencies unsupported by MetaMask. Trust Wallet was acquired by Binance in 2018 and has BNB Chain support.Regarding NFTs, Trust Wallet is compatible with ERC-721 and ERC-1155 NFTs and NFTs on Solana, Polygon, Optimism, BNB Chain and other networks.
The availability of customer support also differs between the two wallets. Any queries must be sent to Trust Wallet via a support form. There is no live support. Trust Wallet does not add a markup fee for DEX token swaps and staking, but third-party staking provider fees will apply. Fiat purchases of crypto are also subject to fees.
MetaMask’s pros and cons
MetaMask only supports cryptocurrencies on the Ethereum blockchain, Arbitrum, BNB Chain, Optimism, Polygon and Avalanche networks, as these are EVM compatible. It is one of the most popular Ethereum wallets, but MetaMask does not support networks like Bitcoin, Solana, XRP, and Cardano. Hence, it only supports ERC-721 and ERC-1155 NFTs.
MetaMask has a more advanced user interface that can be customized, which can appeal to more experienced crypto users. MetaMask also offers live support via a bot and human customer service agents in a live chat. The MetaMask wallet is preset to access Ethereum, but EVM networks and compatible tokens can be added manually.
MetaMask charges a markup fee for DEX token swaps and staking, and third-party staking provider fees also apply. Fiat crypto purchases are also subject to fees, but neither wallet charges a markup on network gas fees.
