- Non-custodial control
- Open-source code
- Dapp & NFT access
- Hardware compatibility
- No Bitcoin support
- High swap fees
๐ MetaMask is a non-custodial software wallet that puts you in sole control of your crypto by storing private keys on your own device, and this Metamask review shows why self-custody is so powerful compared to custodial alternatives. As a hot wallet, itโs always online and comes in three main forms: mobile apps (like Trust Wallet), browser extensions (MetaMask itself), and exchange-integrated wallets (e.g., Binance). Unlike cold solutionsโhardware devices or paper walletsโMetaMask focuses on day-to-day accessibility for DeFi and NFT interactions.
๐ Youโll find in this Metamask review that it seamlessly connects to Ethereum and ERC-20 tokens, plus you can add EVM-compatible networks such as Polygon or BNB Chain by entering their RPC details. Thereโs no subscription feeโonly gas fees for transactions and a small swap commissionโmaking it cost-effective for frequent users.
๐ก๏ธ Security in this Metamask review includes encrypted private keys, a 12-word seed phrase backup, PIN or biometric locks on mobile, and optional phishing alerts in the extension. While two-factor authentication isnโt built in, combining MetaMask with a hardware device delivers the best mix of hot-wallet convenience and cold-storage protection.
Metamask Registration & KYC
๐ Getting started is swift: install MetaMask as a browser extension or mobile app, agree to the terms, create a secure password or PIN, and record your 12-word seed phrase. This Metamask review confirms thereโs no centralized registration or KYC for basic wallet creationโyour identity remains private and unlinked to on-chain activity. If you choose to buy crypto via integrated fiat services (MoonPay, Wyre, etc.), those third-party providers will handle KYC checksโtypically requesting government-issued ID, selfie verification, and proof of addressโto comply with local regulations. MetaMask itself does not store any of this personal data; once the gateway completes verification, your wallet can receive and hold assets without further identity disclosures. This separation ensures that your regular crypto transactions stay pseudonymous, while fiat on- and off-ramps meet compliance requirements outside the core wallet environment.
Supported Cryptocurrencies at Metamask
๐ As detailed in our Metamask review, MetaMask natively supports Ethereum and every ERC-20 tokenโranging from stablecoins (USDT, USDC, DAI) to governance tokens and emerging meme coins. Beyond Ethereum, you can manually add EVM-compatible networksโAvalanche, Polygon, BNB Chain, Arbitrum, Optimism, Baseโby entering each networkโs RPC URL and chain ID. Once configured, MetaMask treats these networks identically: you can send, receive, swap, and interact with dApps on each chain using the same interface. That said, non-EVM blockchains (Bitcoin, Solana, Cardano) are not supported, so holders of those assets will need separate wallets. For custom tokens on any supported network, simply paste the tokenโs contract address into MetaMaskโs โImport Tokenโ field. This flexibility lets you access new projects quickly, but always verify the contract address on official sources to avoid scams and air-drop traps.
Supported Platforms for Using Metamask
๐ป MetaMask runs as a browser extension for Chrome, Firefox, Brave, Edge, Opera, and Safari, transforming any compatible website into a portal for Web3 interactions. On mobile, the Android and iOS apps mirror desktop capabilitiesโcomplete with buy/sell, swap, and staking functionsโwrapped in a secure PIN or biometric lock. Despite the absence of a standalone desktop application, the extension covers all major desktop use cases, offering a built-in dApp browser and clear, labelled actions for sending or receiving crypto. The interface is intuitive: your account address is front and center, gas-fee options are easy to adjust, and transaction details are presented in plain language. Both newcomers and experienced users find MetaMaskโs unified experience across devices highly user-friendly.
Metamask Transaction Fees
๐ธ While MetaMask is free to install and use for holding assets, it incurs several transaction-related fees, as our Metamask review explains. Every on-chain actionโsending ETH, interacting with a smart contractโrequires network gas fees, which fluctuate with demand. In-wallet token swaps add a 0.875% service fee on top of gas costs, providing convenience at a premium compared to direct DEX access. Fiat purchases through MoonPay, Wyre, and others carry gateway fees (typically 3โ5%) plus a 1% MetaMask markup. Staking via integrated partners (Lido, Rocket Pool) deducts a 15% commission from your rewards. To reduce expenses, you can choose lower-priority gas settings, batch multiple operations into one transaction, or leverage Layer-2 networks where gas fees are a fraction of Ethereumโs.
