The cryptocurrency world is full of innovations and exciting things. One such innovation is Metamask. But this post is all about the top 5 Metamask alternatives. Let’s take a look at it in more detail.
What is MetaMask?
MetaMask is a kind of software that launched in 2016. It utilizes the Ethereum (ETH) blockchain and allows users to access their cryptocurrency wallets via a web browser extension and a mobile app. It also enables users to buy, trade, and save ethereum-based cryptocurrencies. MetaMask was originally available in desktop web browser extensions for Google chrome and firefox. In the year 2020, the mobile version for Android and iOS launched.
Top 5 Metamask Alternatives
The top 5 metamask alternatives given below are the most popular options that people can use instead of Metamask. Other significant determinants to contemplate when finding options to Metamask cover easiness of use and security.
Coinbase Wallet: Coinbase is one of the world’s most successful ways to purchase and trade cryptocurrencies. It enables users to purchase cryptocurrencies by utilizing FIAT or conventional currency and also to draw crypto-assets back to it. Also, it highlights a solid exchange where people can purchase crypto-assets. It also features a wallet, where people can save cryptocurrencies and interpret and analyze price data.
MyEtherWallet: This wallet was launched in 2015. Since then, MyEtherWallet (MEW) has earned a lot of reputation in the crypto field, growing as one of the most popularly rejoiced Ethereum software wallets. The wallet is one interface that permits people to store Ethereum and Ethereum-based cryptos inside. It is an open-source for Ethereum and ERC20 tokens that enable users to quickly communicate with the Ethereum blockchain using web browsers.
Hyperledger: Hyperledger is built to promote blockchain technology by recognizing and solving significant characteristics for a cross-industry open model for distributed records that can change the process by which the transactions are carried out.
StakedWallet: It is a cryptocurrency wallet that enables people to make a profit on Proof-Of-Stake. It also allows trading cryptocurrencies with the help of a 5-level referral and bounty program. In the proof of work system the user is the one who validates transactions. The user then creates distinct blocks by performing a specific amount of computation. On the other hand, in the proof of stake system the user selects the ownership of a specific number of cryptocurrency determinants.
Exodus: It is a software platform and a multi-currency wallet. It carries more than 100 cryptocurrencies. It comes in desktop as well as Android and iOS versions. The wallet holds an extensive type of altcoins, including Bitcoin. It can be utilized to swap cryptocurrency without needing any registration. Yet, it is necessary to perceive that Exodus uses Simplified Payment Verification.
Conclusion
As cryptocurrency users, people require a wallet and it’s in their greatest interest to pick the best. In a broad sense, not wallets are safe if users are not careful about their privacy and security.