Wallets hold great significance in our daily lives and when it comes to crypto trade as well. Digital trade requires a digital wallet for securing the digital funds generated from the crypto trade. But, it becomes quite hard to ascertain which wallet one should opt for commencing and continuing with the crypto trade activities, as there are multiple options available to the investors.
Through this read, we will be having an intact look at Metamask Vs Coinbase Wallet to know which one is better to be adopted by novice investors. The main objective of this read is to encourage investors to participate in the crypto journey by helping them in evaluating the two most popular crypto wallets.
If you are perplexed relating which one to opt for your trading journey then walk through the intact read with us to reach a conclusion. Have a quick check on it.
Points of juxtaposition
Now, assuming that you already know a bit about these crypto wallets we are directly jumping into the basis of comparison of both the wallets. Some of the highlighted and basic points of difference between Metamask Vs Coinbase Wallet are:
- Intuitive user interface: One of the foremost factors that influences the decision of crypto investors is the simplicity of the wallet mechanism. With the easy navigation of the wallet, most investors will attract toward it. When comparing both wallets on this basis, it has been discovered that MetaMask has a higher number of active users because of its simplicity.
- Cryptocurrencies supported by the wallets: Another important aspect that investors look into is the number of cryptocurrencies that each wallet supports. To be noted, MetaMask is based on the Ethereum blockchain and majorly supports the working of the Ether and ERC-20 tokens. However, the Coinbase wallet supports a wide range of crypto assets.
- Wallet extensions: Extensions are a way of accessing a particular wallet through the web. MetaMask offers multiple options for having an extension to their users however, this is not the case with Coinbase. The latter has only one standalone browser extension launched to date. Thus, considering this factor Metamask Vs Coinbase Wallet comparison says that MetaMask offers quite good options to crypto investors.
Thus, the Metamask Vs Coinbase Wallet comparison doesn’t give a definite answer as to which wallet novice investors should opt for. The major reason behind it is that the preferences of the investors are subjective i.e. varies from person to person. Thus, based on their choices and the crypto assets they want to deal with, they can pick up the wallet they found suitable for their crypto trade.