Introduction: If you're on the hunt for a digital asset wallet, we've got two stellar contenders for you: MetaMask and Exodus Wallet. Both of these non-custodial wallets offer a range of features, including excellent user experience, top-notch security, and broad platform support. We've dug deep into their features and compared these two wallet so that you can easily decide which one makes sense for you to use.
MetaMask vs Exodus Wallet: Overview
MetaMaskwas established in 2016 in the Unites States and has over 60 employees. The company boasts an impressive user base with over 30 million combined downloads. It has been downloaded over 10 million times on Android and has a solid 4.4 star rating based with more than 200,000 reviews. Its browser extension has also been downloaded over 10 million times and holds a more average 3-star rating with over 3,000 reviews.
Exodus Wallet, which was founded in 2015 and is headquartered in San Francisco, has more than 300 employees and boasts a user base of over 1 million users. Its Android app has been downloaded over 1 million times and holds a solid 4.6 star rating based on over 100,000 reviews.
Additionally, its browser extension has been downloaded over 50 thousand times and holds an impressive 4.5-star rating with under 100 reviews. Both wallets provide users with user-friendly and secure solutions for storing, sending, and receiving cryptocurrencies.
While MetaMask is a non-custodial wallet that's available as a browser extension on several popular browsers, it has a basic and static user experience. MetaMask is available to download as a browser extension and an app but not available for desktop.
On the other hand, Exodus Wallet offers a modern and fresh user experience for multiple EVM-based blockchains while also offering support for blockchains like Bitcoin, Solana and many others. Exodus browser wallet is available for the Google Chrome and Brave browsers, and if you prefer to use on desktop, you can download onto Windows, MacOS, and Linux devices.
MetaMask vs Exodus Wallet: Product Features
MetaMask is a popular browser extension wallet that provides access to interact with EVM-compatible blockchains like Ethereum, Polygon and others. With MetaMask, users can easily store, buy, and swap cryptocurrencies like ETH, AVAX, MATIC, EVMOS and many others.
Users can also easily access decentralized applications (dApps) like Compound Finance and Aave. MetaMask features in-app swaps via popular decentralized exchanges like Uniswap, Sushiswap, and 1inch while charging a 0.875% swap fee for the convenience.
The MetaMask wallet is open source which means that the code is transparent and available to review by anyone. This helps ensure the wallet's security as it has been battle tested in the wild for years.
MetaMask also offers supports for NFTs (non-fungible tokens) for EVM-compatible blockchains, allowing users to easily manage and trade these unique digital assets. MetaMask also offers third-party integrations with popular services like PayPal and Koinly, make it easy for its users to buy crypto with fiat and manage their taxes.
Exodus Wallet is another excellent option for securely managing your crypto assets. Available on multiple platforms such as browser, app and desktop, Exodus offers a sleek and modern user interface that is easy to navigate. With Exodus, users can buy, sell, and exchange cryptocurrencies like Bitcoin, Ethereum, and many others.
Exodus Wallet also features in-app swaps via exchanges like OpenOcean, Kyber Network, and Rango, with swap fees ranging from 2-5%. This makes it simple for users to exchange one cryptocurrency for another, without having to leave the wallet. Like MetaMask, Exodus also supports NFTs on the Ethereum and Solana blockchains.
Exodus also offers third-party integrations with services like Compound Finance and MoonPay. With Compound, users have the ability to earn interest on their cryptocurrency assets and MoonPay allows them to buy crypto with fiat.
MetaMask vs Exodus Wallet: Cryptocurrencies
Users of MetaMask can store, buy and send 1000s of cryptocurrencies across the many EVM-compatible blockchains that MetaMask supports. This also includes supports for a range of stablecoins such as USDT, USDC, BUSD and DAI. These stablecoins can be accessed on MetaMask via Ethereum, Avalanche, Fantom, Optimism and Atribtrum.
MetaMask also offers hardware wallet integration with five popular devices, including Ledger and Trezor, adding an extra layer of security to users' crypto holdings.
Exodus Wallet on the other hand is a moreversatile wallet that supports 290 coins across 15 different blockchains, including Bitcoin, Ethereum, BSC, Avalanche, Fantom, and Solana. By providing access to more blockchains, Exodus also supports more stablecoins such as USDT, USDC, PAX, GUSD, TUSD, BUSD, and DAI. While Exodus does not support as many hardware wallets as MetaMask does, it does offer support for the popular Trezor device.
MetaMask vs Exodus Wallet: Security
When it comes to cryptocurrency wallets, security is always a top priority.
MetaMask is a fully open-source wallet that has undergone audits from security experts such as Least Authority. It also offers a bug bounty program with HackerOne, providing an extra layer of security by rewarding those who find and report any potential vulnerabilities.
Additionally, MetaMask has implemented advanced anti-phishing measures to protect users from scams, such as warning users about phishing sites and suspicious transactions.
Exodus Wallet, while not fully open source, is regularly updated and audited, and has also implemented advanced security measures. It also offers a bug bounty program with HackerOne, allowing security researchers to identify and report any potential vulnerabilities.
Like MetaMask, Exodus has robust anti-phishing technology in place to protect users from fraudulent activities. For instance, Exodus provides users with clear warnings about known phishing sites and attempts to block these sites from being accessed.
Ultimately, both MetaMask and Exodus Wallet provide a secure environment for users to store and manage their digital assets.
Jack is a crypto writer and reviewer who has been active in the space since he caught the crypto bug in 2017. With a passion for trying out new shiny things, Jack is always eager to try the latest cryptocurrency exchanges, wallets or DeFi applications.