M𝐞tåMäsk® Wallet

INVESTOPEDIA’S RATING3.5

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OUR TAKE

MetaMask is a popular cryptocurrency wallet that supports a broad range of Ethereum-based tokens and non-fungible tokens (NFTs) on supported blockchains. While experienced crypto investors may appreciate the speed and simplicity of the wallet, new investors may find it difficult to navigate. In addition, the wallet does not support Bitcoin, making it a turn-off for investors whose primary investment is Bitcoin.

While all leading cryptocurrency wallets provide a high level of security for safekeeping your crypto assets, improper security practices on behalf of the user can lead to a complete loss of funds. Crypto enthusiasts should take care to store the bulk of their assets meant for trading on exchanges using cold storage methods, and never share your wallet’s login details, recovery phrase, or private keys with anyone.

  • PROS & CONS

  • COMPANY OVERVIEW

Pros

  • Easy setup process

  • Earn rewards via staking and holding

  • Supports a broad range of Ethereum-based tokens

  • Central hub for dApp

Cons

  • No coin-to-fiat conversion

  • Absence of 24/7 live customer support

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