Metamask vs Phantom Wallet Detailed Comparison
Metamask vs Phantom Wallet: Phantom levels itself to Metamask in terms of features.
Metamask vs Phantom wallet: Feature Comparison
| | Metamask | Phantom |
| Wallet Type | Software | Software |
| Price | Free | Free |
| Storage Size | 47 MB | Hardware Extension |
| Trust Rating | High | High |
| Security Rating | High | High |
| Crypto-compatibility | Tokens and NFTs on the main Ethereum blockchain and the BNB blockchain are supported by MetaMask. | Phantom is compatible with all cryptocurrencies in the Solana ecosystem. |
| Google Playstore Rating | 4.6/5 | Google Play Store Rating |
| Cryptovantage Rating | 4.8/5 | 4.8/5 |
Metamask vs Phantom wallet: Pros and Cons Comparison
| Metamask | Phantom | |
| Pros | Mobile and browser extension versions are both available. | |
| Tokens and NFTs on the main Ethereum blockchain and the BNB blockchain are supported by MetaMask. | Phantom is compatible with all cryptocurrencies in the Solana ecosystem. | |
| With Hardware wallet connections, you may access a range of Ethereum dapps. | Available on several browsers with an intuitive and user-friendly design benefits from Solana’s exceptionally cheap costs and has a built-in token swap tool with Ethereum compatibility coming soon. | |
| Cons | This is not a complete Ethereum node. | Because the mobile app is currently under development, Phantom is only available in browser mode for the time being. |
| In certain regions, there are few choices for acquiring bitcoin through a wallet. Has already experienced phishing attempts and lacks native Bitcoin functionality. | Because it is limited to the SOL ecosystem, it does not support crypto giants such as Ethereum and Bitcoin. |
Also read: Trezor Wallet Review
Also Read: Metamask Wallet Review
Metamask vs Phantom wallet: Compatible Cryptocurrencies Comparison
| Metamask | Phantom |
| Tokens and NFTs on the main Ethereum blockchain and the BNB blockchain are supported by MetaMask. | Phantom is compatible with all cryptocurrencies in the Solana ecosystem. Phantom’s development team also intends to add Ethereum compatibility in the near future. USDT, USDC, Serum, Raydium, and Solana are among the most notable cryptocurrencies supported by the wallet. |
| Ether Augur Gnosis Brave’s Basic Attention Token Compound Badger DAO USDC Tether GUSD PAX Yearn Finance |
Bitcoin Ethereum Litecoin EOS Stellar Ripple |
Metamask vs Phantom wallet: Rating Comparison
| Metamask | Phantom | |
| Google Playstore | 4.5/5 | 3.6/5 |
| Appstore | 4.6/5 | 4.1/5 |
| Cryptovantage | 4.8/5 | 4.8/5 |
About Metamask
Ethereum wallets differ significantly from Bitcoin wallets. While Bitcoin wallets are primarily concerned with assisting customers in safely storing their Bitcoin for extended periods of time, Ethereum wallets are more similar to browsers than anything else. These wallets are entry points into the ecosystem of decentralized applications created on top of the Ethereum blockchain; therefore, they frequently resemble an app store rather than a cryptocurrency wallet. Metamask is one such Ethereum wallet.
About Phantom
Phantom is a non-custodial browser plugin and crypto wallet that provides an easy and safe method to connect with the Solana ecosystem’s numerous blockchain networks. The wallet includes a user-friendly plugin that allows users to transfer and receive cryptocurrencies and tokens, collect NFTs, and even trade tokens within the wallet.
Also read: Exodus Wallet Review
– Dhvipasha Purohit
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