MetaMask vs Brave Wallet | Which Crypto Walllet Is Most Versatile?
Jack Moreau
Feb 2024
10 min read
Fact checked
Are you looking for the best cryptocurrency wallet to keep your digital assets secure, accessible and private? We have compared MetaMask vs Brave Wallet across features and services, user experience, supported blockchains, number of cryptocurrencies and much more. Keep reading to decide which wallet best suits your needs!
MetaMask and Brave Wallet are two of the most popular digital wallets available today. MetaMask was founded in 2016 and has its HQ in the US with over 60 employees.
It has over 30 million users and its app has been downloaded over 10 million times on Android with a 4.4 star rating and over 200,000 reviews.
It also has over 10 million downloads as a browser extension which is available for Chrome, Brave, Edge and Firefox with a 3.2 star rating and 3000 reviews.
On the other side, Brave Wallet was founded in 2021, is based in San Francisco and has over 200 employees. It has over 1 million users and is only available as a browser extension with a 4 star rating and 100 reviews.
MetaMask and Brave Wallet both offer secure, easy to use wallets that are perfect for anyone looking to safely store digital assets.
MetaMask vs Brave Wallet: User Experience
MetaMask has a basic but functional user experience for EVM-based blockchains. It's non-custodial and can be accessed through Chrome, Firefox, Brave, Edge and Opera.
However, it isn't available for desktop devices. In contrast, Brave Wallet has a basic but user-friendly interface that's non-custodial and can be accessed through Brave Browser.
It's available anywhere you can use Brave Browser, but not as a desktop wallet. Both have great user experiences, but MetaMask is better for EVM-based blockchains and Brave Wallet is better for accessing anywhere.
MetaMask vs Brave Wallet: Product Features
MetaMask and Brave Wallet are two of the most popular crypto wallets available on the market. Both wallets offer users a safe and secure way to store and manage their crypto assets.
MetaMask has an in-app DEX which is connected to Uniswap, Sushiswap, and 1inch exchanges and provides users with a 0.875% swap fee on all swaps. Brave Wallet also offers in-app swaps, connected to exchanges like 1inch and Matcha, with a 1% swap fee.
MetaMask is open source, whereas Brave Wallet is not. MetaMask also supports NFTs on Ethereum and Polygon blockchains, whereas Brave Wallet does not.
Staking is available on MetaMask, but not on Brave Wallet. MetaMask users can buy crypto with PayPal in the wallet and organize their taxes with Koinly, which is not available via Brave Wallet.
MetaMask and Brave Wallet are two popular cryptocurrency wallets that support a variety of currencies, blockchains, and hardware wallets.
MetaMask provides support for over 1000 cryptocurrencies and supports Ethereum, Polygon, and BSC. Additionally, MetaMask offers hardware wallet integration for Ledger, Trezor, Airgap, Keystone and Lattice.
On the other hand, Brave Wallet supports 1000s of cryptocurrencies and offers support for USDT on Ethereum, Solana, Polygon, Avalanche, and Optimism. USDC is available on Ethereum, Polygon, Solana, BSC, and Aurora. Brave Wallet offers hardware wallet integration for Trezor and Ledger.
MetaMask vs Brave Wallet: Security
MetaMask and Brave Wallet are both non-custodial wallets that offer a high degree of security. MetaMask is fully open source and is audited by Least Security.
It also has a bug bounty program with HackerOne. Brave Wallet is also open source, and Brave Software has a bug bounty program on HackerOne that rewards up to 3M AWC tokens.
Brave additionally has phishing intelligence directly into the browser. Both wallets are secure and offer additional layers of protection against scams.
MetaMask vs Brave Wallet: Conclusion
MetaMask and Brave Wallet both present unique features catering to different user preferences.
When it comes to the user experience, MetaMask stands out with its focus on EVM-based blockchains making it a preferred choice for enthusiasts deeply embedded in the Ethereum ecosystem.
On the other hand, Brave Wallet's integration with its native browser ensures a seamless experience for those who mainly use the Brave Browser for their browsing needs.
Diving deeper into the product features, MetaMask’s strength lies in its diverse in-app DEX integration, its open-source nature and support for NFTs on multiple blockchains.
Moreover, additional utilities such as staking, purchasing crypto with PayPal, and tax organisation with Koinly ensure a comprehensive service offering.
Brave Wallet, while supporting some in-app swap functionalities, lacks in certain areas where MetaMask takes the lead, particularly in staking and the breadth of features.
On the cryptocurrency front, while both wallets support a vast array of tokens, MetaMask’s specific support for Ethereum, Polygon, and BSC along with a broader hardware wallet integration is a big advantage.
Lastly, from a security standpoint, both wallets emphasize their non-custodial nature and open-source foundations.
With robust auditing processes and dedicated bug bounty programs, users can trust that their digital assets are protected. The inclusion of phishing intelligence by Brave adds an extra layer of security for its users.
While we are not in love with either MetaMask or the Brave Wallet, we have to give the win to MetaMask as it's more versatile than Brave Wallet.
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.