MetaMask vs Exodus | Why Exodus Beats MetaMask Today
Jack Moreau
Feb 2024
9 min read
Fact checked
Introduction: If you're on the hunt for a digital asset wallet, we've got two stellar contenders for you, MetaMask vs Exodus Wallet. Both of these non-custodial wallets offer a range of features, including excellent user experience, top-notch security, and broad platform support. We've dug deep into their features so that you can easily decide which one makes sense for you to use!
MetaMaskwas established in 2016 in the Unites States and has over 300 employees. The company boasts an impressive user base with over 30 million combined downloads.
Metamask Website
It has been downloaded over 10 million times on Android and has a solid 4.4 star rating based with more than 200,000 reviews. Its browser extension has also been downloaded over 10 million times and holds a more average 3-star rating with over 3,000 reviews.
MetaMask app
Exodus Wallet, which was founded in 2015 and is headquartered in San Francisco, has more than 300 employees and boasts a user base of over 1 million users.
Exodus Wallet Website
Its Android app has been downloaded over 1 million times and holds a solid 4.6 star rating based on over 100,000 reviews.
Exodus Wallet App
Additionally, its browser extension has been downloaded over 50 thousand times and holds an impressive 4.5-star rating with under 100 reviews. Both wallets provide users with user-friendly and secure solutions for storing, sending, and receiving cryptocurrencies.
MetaMask vs Exodus Wallet: User Experience
MetaMask is a popular and widely used cryptocurrency wallet that offers a seamless and secure user experience. To get started with MetaMask, users simply need to download the mobile or browser wallet and create or import their wallet.
MetaMask Portfolio View
The user experience of MetaMask has significantly improved in recent times, with a focus on usability and design. The browser wallet now looks more appealing and even offers a portfolio view for easy access to all the features.
MetaMask Browser Wallet
One of the main advantages of MetaMask is its extensive functionality. Users can execute lending, trades, buys, and more directly within the wallet.
Users on MetaMask can access EVM-compatible blockchains like Ethereum, Avalanche, Optimism and others in addition to features such as swap and staking.
This means that users can access popular DeFi dApps like Uniswap and Aave without the need to navigate through different platforms.
Exodus Wallet is another highly regarded cryptocurrency wallet that offers a seamless and versatile user experience. Users can create a wallet that seamlessly transitions between different platforms such as browsers, mobile devices, and desktops.
Exodus Wallet Platform Support
Exodus browser wallet is available for the Google Chrome and Brave browsers, and if you prefer to use on desktop, you can download onto Windows, MacOS, and Linux devices.
This level of accessibility and synchronization allows users to have a consistent experience across multiple devices, making it incredibly convenient.
The wallet design of Exodus is visually appealing and user-friendly, allowing for easy navigation and exploration of its many features. One of the standout features of Exodus is its wide blockchain support, enabling users to store and manage thousands of cryptocurrencies.
MetaMask vs Exodus Wallet: Product Features
MetaMask and Exodus are two popular cryptocurrency wallets that offer a range of features and services for users looking to manage their digital assets. Let's take a closer look at the key aspects of each wallet.
MetaMask Blockchain Support
With MetaMask, users can easily store, buy, and swap cryptocurrencies like ETH, AVAX, MATIC, EVMOS and many others.
MetaMask is a fully open-source wallet that allows users to easily swap tokens by aggregating data from various decentralized exchanges (DEXs) like Uniswap & Sushiswap. It offers slippage protection for large swaps and charges a 0.875% swap fee for each transaction.
Access DeFi dApps with MetaMask
The wallet also supports NFT tokens on Ethereum and Polygon blockchains, allowing users to import and manage their NFT collections.
MetaMask NFTs
In addition, MetaMask provides staking functionality on Ethereum and Polygon, allowing users to earn rewards on their assets.]
MetaMask Staking
The wallet has recently added the ability to purchase cryptocurrencies via multiple payment methods and supports fiat withdrawals.
MetaMask Buy Crypto With Fiat
MetaMask also supports integration with popular hardware wallets such as Ledger, Trezor, and Lattice. MetaMask also offers third-party integrations with popular services like PayPal and Koinly, make it easy for its users to buy crypto with fiat and manage their taxes.
MetaMask Hardware Wallets
Exodus Wallet is another excellent option for securely managing your crypto assets. Available on multiple platforms such as browser, app and desktop, Exodus offers a sleek and modern user interface that is easy to navigate.
Exodus wallet offers a built-in exchange that allows users to swap between their cryptocurrencies. With Exodus, users can buy, sell, and exchange cryptocurrencies like Bitcoin, Ethereum, and many others.
Exodus Wallet Swaps
Exodus Wallet also features in-app swaps via exchanges like OpenOcean, Kyber Network, and Rango, with swap fees ranging from 2-5%.
It also supports buying cryptocurrencies via third-party integrations with Moonpay and Ramp. Exodus Wallet has an NFT Gallery that supports NFTs on leading blockchains like Ethereum, Solana, Algorand, and more.
Exodus NFTs
The wallet allows users to buy, sell, and trade NFTs directly from their wallet interface. Additionally, Exodus offers staking services for several cryptocurrencies, allowing users to earn rewards on their assets.
Exodus Crypto Staking
Exodus also offers third-party integrations with services like Compound Finance and MoonPay. With Compound, users have the ability to earn interest on their cryptocurrency assets and MoonPay allows them to buy crypto with fiat.
Users of MetaMask can store, buy and send 1000s of cryptocurrencies across the many EVM-compatible blockchains that MetaMask supports.
This also includes supports for a range of stablecoins such as USDT, USDC, BUSD and DAI. These stablecoins can be accessed on MetaMask via Ethereum, Avalanche, Fantom, Optimism and Atribtrum.
MetaMask swap
MetaMask also offers hardware wallet integration with five popular devices, including Ledger and Trezor, adding an extra layer of security to users' crypto holdings.
Exodus Wallet on the other hand is a more versatile wallet that supports 290 coins across 15 different blockchains, including Bitcoin, Ethereum, BSC, Avalanche, Fantom, and Solana.
Exodus supported assets
By providing access to more blockchains, Exodus also supports more stablecoins such as USDT, USDC, PAX, GUSD, TUSD, BUSD, and DAI. While Exodus does not support as many hardware wallets as MetaMask does, it does offer support for the popular Trezor device.
Exodus Support For Trezor Hardware Wallet
MetaMask vs Exodus Wallet: Security
When it comes to cryptocurrency wallets, security is always a top priority. MetaMask is a fully open-source wallet that has undergone audits from security experts such as Least Authority.
It also offers a bug bounty program with HackerOne, providing an extra layer of security by rewarding those who find and report any potential vulnerabilities.
Additionally, MetaMask has implemented advanced anti-phishing measures to protect users from scams, such as warning users about phishing sites and suspicious transactions.
Exodus Wallet, while not fully open source, is regularly updated and audited, and has also implemented advanced security measures. It also offers a bug bounty program with HackerOne, allowing security researchers to identify and report any potential vulnerabilities.
Exodus Wallet Security
Like MetaMask, Exodus has robust anti-phishing technology in place to protect users from fraudulent activities. For instance, Exodus provides users with clear warnings about known phishing sites and attempts to block these sites from being accessed.
Ultimately, both MetaMask and Exodus Wallet provide a secure environment for users to store and manage their digital assets.
MetaMask vs Exodus Wallet Conclusion
MetaMask and Exodus Wallet are two powerful players in the world of cryptocurrency wallets, each bringing unique features to the table.
MetaMask with over 30 million combined downloads clearly has a strong foothold in the crypto community.
Its strengths lie in its extensive support for EVM-compatible blockchains, allowing users to delve deep into the Ethereum ecosystem and seamlessly interact with dApps.
The open-source nature of MetaMask provides an added layer of transparency, enhancing the trust users place in the wallet.
Furthermore, its integration capabilities, particularly with services like PayPal and Koinly, as well as with hardware wallets like Ledger and Trezor, highlight its versatility and emphasis on security.
However, some might argue that MetaMask's user experience, being somewhat basic, lags behind more modern interfaces. Its reliance on browser-based operations, without a dedicated desktop application, can also be seen as a limitation for some users.
On the flip side, Exodus Wallet, even though younger by a year, brings to the fore a refreshing and modern user interface that appeals to many.
Its support for a staggering 290 coins across multiple blockchains is a testament to its versatility. Beyond just a browser extension, its presence on desktop platforms widens its appeal.
The in-app swap capabilities, despite the higher fees, provide users with the convenience of trading without leaving the wallet's ecosystem. Additionally, the staking features further enrich the user experience, allowing for passive income opportunities.
The choice between MetaMask and Exodus boils down to individual needs and preferences. If one is primarily centered around the Ethereum ecosystem and values a wallet that's been battle-tested by a vast user base, MetaMask stands out.
However, for those desiring a broader spectrum of blockchain support combined with a modern user interface and a plethora of features, Exodus Wallet is the preferred choice.
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.
