Exchange Review

Metamask vs Trust Wallet

Summary: In this comparison of Metamask and Trust wallet, we look at support, security, features and assets to determine which is the better cryptocurrency wallet. These cryptocurrency hot wallets are the two most popular crypto storage applications in the world.

By 
James O'Connell
 on  
August 13, 2022

Metamask is the worlds leading software-based cryptocurrency hot wallet. It is the largest wallet in terms of supported networks and assets, user base and transactions. It is a perfect crypto wallet for both beginners and seasoned crypto vets. H

Trust Wallet is a diverse and decentralised, mobile cryptocurrency wallet that not only is an Ethereum wallet but has recently adopted Bitcoin wallets. This wallet is not a browser-extension wallet and is only supported on mobile devices.

Table of Contents

Main differences between Metamask and Trust Wallet

The main differences between the two wallets is that Metamask is a custodial wallet and Trust Wallet is a non-custodial wallet.

A custodial wallet is a crypto wallet in which the private keys and funds are held by a third party. This means that the third party has complete control over your funds while you must ask for permission to send or receive payments. A non-custodial wallet on the other hand, does not have access to your funds and only you have sole control of your private keys and digital assets.

Also, Metamask is a web-based browser extension whereas Trust Wallet is an application that can only be downloaded and accessed on mobile.

Metamask Home Page.
Metamask Home Page.

Beginner friendly

Metamask is widely regarded as the most beginner friendly crypto wallet and offers an easy-to-understand UI. The application is straight-forward and simple to navigate through. If you're confused with how to use the app, there is a support button available to use on the extension.

Trust Wallet is also beginner friendly application with a simple UI thats easy to navigate. On the App Store it has a rating of 4.7 stars from 9.7K reviews, with all the reviews in reference to how easy the application is to use and understand.

Winner: Metamask is widely regarded as the best cryptocurrency storage wallet for crypto newbies and is what alot of experienced traders started with.

Supported networks and assets

Metamask only supports EVM-compatible (Ethereum Virtual Machine) networks and does not support Bitcoin or Solana. It supports all ETH and any ETH-based tokens (ERC-20, ERC-721), you can manually add any token that is eth-based onto your Metamask wallet.

Trust Wallet is not only EVM-compatible but also supports Bitcoin and Solana tokens, making it the most diverse crypto wallet in the world. On Trust Wallet users can access over 65 blockchains and over 4.5M+ digital assets.

Trust Wallet Assets.
Winner: Trust Wallet is the most diverse crypto wallet globally and the only one to allow access to Ethereum, Bitcoin and Solana-based tokens.

Features

Metamask offers simple features outside of being a crypto wallet including a crypto-to-crypto swap feature and a fiat-to-crypto exchange feature that users a third party payment system. Outside of these two features, Metamask can also store NFTs (Non-Fungible Tokens) but thats it.

Trust Wallet has significantly more features and even has its own native utility token, TWT (Trust Wallet Token). Similar to Metamask, Trust Wallet investors can access a swap and exchange feature. In addition to this, Trust Wallet users can stake cryptocurrencies directly on the app to earn high yields. You can also store your NFTs on this application.

Trust Wallet Cryptocurrency Staking Calculator.
Winner: Trust Wallet offers a larger and more extensive list of features including its own native token that offers tokens holders special privileges on the application.

Security of cryptocurrencies

Metamask is a hot crypto wallet meaning that the funds are always on-chain and easily accessible. If you're worried about security, we recommend using a cold wallet like Ledger. Many Metamask users have had their wallets drained due to scams with fishing links. Although, Metamask has recently changed its permission requests to be more detailed going forward to prevent wallets from being drained.

Trust Wallet is also a hot wallet and not considered very secure. If security is of the upmost importance, you should keep your funds offline in cold storage or on a secure, insured, regulated and licensed cryptocurrency exchange.

Winner: Metamask has recently implemented more security measures to prevent users wallets from being attacked and targeted.

Customer support

Metamask is the only crypto wallet provider that offers 24/7 customer support for its users. On Metamask you can use a Live Chat feature that gives you access to a support member. There is also a detailed FAQs and blog section available on its Zendesk.

Trust Wallet unfortunately does not support a live chat feature and only has an online ticketing system which can be frustrating to users who need immediate assistance. However, once you're connected with a staff member via email you can continue to send messages back and forth.

Metamask Live Support Feature on Zendesk.
Winner: Metamask offers much better customer service with its extensive FAQs and blog section and its Live Chat feature.

How to import Trust Wallet to Metamask

If you would like to transfer all of your funds from Trust Wallet to Metamask, you have come to the right place. Follow the below steps to get started.

  1. Copy your Seed Phrase from Trust Wallet, you can find it under 'Wallets' and 'Show Secret Phrase'
  2. Download the Metamask extension and select 'Import Using Secret Recovery Phrase'
  3. Enter your phrase, make a new password for Metamask and tap 'Import', now you're done!
How to Import Trust Wallet to Metamask.
How to Import Trust Wallet to Metamask.

Conclusion

Overall, Metamask is the best crypto wallet for beginners as it offers a simple UI, most dApps and DEXs support the extension and it offers 24/7 Live Support. A responsive and available support team is essential for any crypto wallet as the platform is storing your funds on your behalf.

If you would like to learn more about either of these crypto wallets, you can visit our Trust Wallet Review and Metamask Review.

Visit Metamask

Author Bio

James O'Connell has been writing about traditional markets for over 5 years. He pivoted to writing about digital assets after learning about lending protocols like AAVE and Compound.

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