MetaMask vs. Phantom Wallet Comparison | Generated by AI
Key Differences Between MetaMask and Phantom
MetaMask and Phantom are both popular non-custodial crypto wallets that give users full control over their private keys. MetaMask is a veteran in the Ethereum ecosystem, while Phantom started as a Solana-focused wallet but has expanded. Below is a comparison across major aspects:
Category | MetaMask | Phantom |
---|---|---|
Primary Focus | Ethereum and EVM-compatible chains (e.g., Polygon, Binance Smart Chain) | Solana ecosystem, with growing multi-chain support |
Supported Blockchains | Ethereum, EVM chains, Solana, Bitcoin, ERC-20 tokens | Solana (core), Ethereum, Polygon, Bitcoin |
Key Features | In-app swaps, staking, dApp browser integration, developer tools, hardware wallet support (Ledger/Trezor), NFT minting via dApps, debit card for offline spending | Fast in-wallet swaps, advanced trading/perpetuals, dedicated NFT gallery, social features (usernames/profiles), scam/spam filters |
Fees | Gas fees + ~0.875% service fee on swaps | Standard network/DEX fees (generally lower, no extra service fee) |
Security | Self-custody, hardware integration, live monitoring, anti-phishing, NFT scam detection | Self-custody, Ledger support, independent audits, no data tracking, built-in scam filters |
User Interface | Browser extension + mobile app; powerful but can feel complex for beginners | Mobile-first (browser extension available); clean, intuitive, beginner-friendly with social media-like elements |
NFT Support | Strong for Ethereum NFTs, integrates with dApps for minting | Excellent for Solana NFTs (dedicated tab), supports Ethereum NFTs too |
Best For | DeFi enthusiasts, developers, multi-chain EVM users | Solana users, NFT collectors, beginners seeking simplicity and low fees |
Pros | Broad dApp connectivity, flexible for power users, extensive hardware options | User-friendly design, cost-effective swaps, strong Solana/DeFi focus |
Cons | Steeper learning curve, higher swap fees | Fewer developer tools, limited hardware options compared to MetaMask |
In summary, choose MetaMask if you’re deep into Ethereum/DeFi or need robust developer features. Go for Phantom if you prioritize Solana’s speed/low costs, ease of use, or NFT handling.
References
- MetaMask vs. Phantom: Entry-level non-custodial wallets
- How Do Popular Crypto Wallets like Trust Wallet, Metamask and Phantom Works