- >Best Crypto Wallets
- >Metamask vs. Exodus Wallet
Choosing a wallet to store your cryptocurrencies can be a hard decision.
There are so many of them on the market, all offering a variety of features and varying support for different crypto assets and their networks. Exodus and Metamask are two of the longest running digital asset wallets on the market, having both launched in 2016. They are also both incredibly popular amongst crypto users.
Metamask began with a focus on Ethereum support, while Exodus started with more of a focus on Bitcoin. Both have since expanded to support varying networks and their assets, but which is right for you? Find out as we compare Exodus vs Metamask.
Please note that some links on CryptoVantage.com are affiliate links. We may receive a commission, at no extra cost to you, if you click through our links and make a purchase from one of our partners.
MetaMask Overview
One of the most well-known crypto wallet applications on the market is MetaMask. It’s available for iOS and Android, or as a browser extension for Chrome, Firefox, Brave, and Edge.
You can connect to multiple blockchain networks using MetaMask such as Ethereum, Binance Smart Chain, Fantom, Avalanche, and more. Metamask is much more than just wallet. You can interact with dApps and decentralized exchanges (DEXs) using Metamask. You can also stake and swap assets directly within the wallet. You can also store NFTs on a Metamask although the wallet is lacking a gallery. In addition, MetaMask supports crypto purchases through Google Pay, Apple Pay, Samsung Pay, and third party partners. Metamask also supports a variety of hardware wallets for the browser extension such as Ledger, Trezor, Lattice, and more.
- User interface is easy for beginners to grasp
- Portal into a variety of Ethereum dapps
- Hardware wallet integrations
- Available on mobile and as a browser extension
MetaMask Pros & Cons
Pros
Arguably the most well known browser-based wallet in crypto
Incredibly feature rich with access to a whole world of DeFi projects, staking and swaps
Accepted by more crypto websites than any other wallet
Fully open source
Cons
No desktop application
User interface is somewhat clunky compared to competitors
No NFT gallery
Exodus Overview
Exodus is a cryptocurrency wallet available for desktop (Windows, Mac, and Linux), mobile (iOS and Android), and as a browser extension (Chrome and Brave). It’s renowned for having one of the best-looking interfaces in all of crypto.
Exodus also supports Trezor hardware wallets such as the Trezor One and Trezor Model T. Users can stake directly to supported blockchain networks such as Tezos (XTZ) and Cosmos (ATOM) to earn passive income.
You can also interact directly with decentralized applications (dApps) using Exodus and store your favorite NFTs. In addition, you can swap assets directly within the wallet and make purchases of crypto using a credit or debit card through one of Exodus’ partners.
- Free to download for desktop & mobile
- Supports multiple hardware wallets
- Supports over 100 cryptocurrencies
- Great customer support
Exodus Pros and Cons
Pros
Free to use with exceptionally nice user interface
Stake directly in wallet to earn passive income
Make swaps in wallet (region restricted)
Very secure when combined with Trezor hardware wallet
Cons
Not fully open source
Only supports Trezor hardware wallets
Staking doesn’t support hardware wallets at all
Beginner Friendliness
Both Exodus and Metamask are fairly friendly for beginner users. Each allows users to make purchases of cryptocurrencies through one of their 3rd-party partners, meaning that users don’t have to sign up for an exchange in order to buy crypto. That said, identity verification is required if using one of these partners.
Otherwise, both have good user interfaces and user guides available on their respective websites. Exodus may get a slight edge here because it is available for more platforms than Metamask, though Metamask has more hardware wallet support.
Exodus arguably has a much better interface for beginners thank to its graphics.
Trust and Security
Hot wallets like Exodus and Metamask are only as safe as you make them. This is because their security is mostly dependent on your personal practices when you set up and use the wallet. Be sure to keep your recovery phrase somewhere safe and double check all transactions before you sign them. Phishing scams are the most common way that these types of wallets are compromised so be sure to ignore emails claiming you need to register or verify your wallet.
Metamask gets an edge here because it is fully open source and supports a wider variety of hardware wallets for integration with their extension. Exodus is limited to Trezor. Using a hardware wallet is the best way to ensure that your crypto assets are safe.
Available Cryptocurrencies
Both Metamask and Exodus support a wide variety of blockchain networks and their respective cryptocurrencies. However, Exodus supports every network that Metamask supports and more, even offering staking for those additional networks like Cardano (ADA) and Solana (SOL).
While both wallets support a large selection of digital assets, Exodus has more flexibility than Metamask, as Metamask users who wish to hold Cardano or Solana (for example), will have to get another wallet to do so.
Standout Features
Both wallets allow users to stake directly from within the wallet, have built-in exchanges, NFT support, and allow purchases of crypto through 3rd-party partners. Exodus’ standout feature is its blockchain network support, as it can support more networks and their assets than MetaMask. This allows Exodus users to keep all of their assets in one convenient place.
MetaMask’s standout feature is its hardware wallet support, as it can support far more hardware wallets than Exodus can. This allows MetaMask users to more easily secure their assets using their hardware wallet without necessarily having to buy one that is compatible with it, as Exodus users would be forced to buy/use a Trezor.
Conclusion: Choosing a Wallet Depends on Your Needs
Which wallet is better between Exodus and Metamask depends on a variety of individual factors. If you are okay with not integrating a hardware wallet or already have a Trezor wallet, then Exodus is likely the better option as it supports more crypto assets than Metamask. This is because they both have essentially the same features otherwise.
If you have another brand of crypto wallet such as a Ledger, then you may be better served using Metamask as it supports Ledger and a variety of other hardware wallets. Overall, neither wallet is a bad option, and it’s not difficult to just get both and use them accordingly.
To summarize:
- Exodus is likely better if you want to own a diverse selection of cryptocurrencies while enjoying a beautiful interface. Just remember that you’re limited to Trezor wallets.
- On the other hand MetaMask‘s browser extension is compatible with far more sites than Exodus and is the first choice for DeFi enthusiasts. MetaMask also lets users choose between Ledger, Trezor and Lattice hardware wallets.
