


Both the wallets provide users with ease of accessibility, but users will find key differences in where and how they can engage with the crypto-world.
Importance of DeFi Wallets
Asset management tools are critical to the long-term success of any Decentralized Finance (DeFi) investor. DeFi wallets are non-custodial, allowing users to safely store funds without relying on third parties to hold their assets. Users pick a wallet to store funds conveniently, enabling them to interact with DeFi and the web 3.0 ecosystem.
These digital wallets are the tools users choose to manage their assets. DeFi wallets are some of the safest and most accessible options to the world of DeFi. Users invest their trust, not only their investments, when choosing a wallet.
In 2018, Binance’s CZ told CoinDesk, “wallets are the most fundamental interface to the crypto economy, and a secure and easy-to-use wallet is key to proliferate the adoption of cryptocurrencies.”
Two Ethereum Based Wallets
Two popular digital wallets to store, buy, send, and receive cryptocurrency and Non-Fungible Tokens (NFTs) are MetaMask and Trust Wallet. Each is a type of hot wallet that gives users easy access to crypto assets. Both are compatible with Ethereum Naming Services and allow for the holding of NFTs and collectibles.
Below we will detail the differences between the two wallets and help users make an educated choice to decide where to begin their crypto journey. It is important to note that both wallets can be used together to access the same crypto address.
MetaMask: Pros and Cons
Metamask works mainly with the Ethereum blockchain but allows customization for its users - allowing for use of BSC. Although available on both mobile and web-browsers, it is primarily used as a browser extension. It is currently available for Chrome, Brave, and Mozilla and has around 5 million active monthly users.

MetaMask’s attraction comes from its ease of use and availability as both a browser and mobile-based wallet. It provides a low entry barrier for those interested in Ethereum, the largest blockchain in DeFi. As an open-source protocol, different plugins can be built directly into MetaMask, enabling quick and easy connection to the various dApps and DeFi protocols. Users can also synchronize a human-readable address like defirate.eth to their address.
Apart from that, MetaMask allows users to add a custom RPC. Several blockchain projects have changed over from the Ethereum Mainnet Network to their own blockchain network. The Custom RPC feature enables users to switch between the leading Ethereum network and a compatible test network. Chains like Binance and Polygon (Matic) are compatible blockchain networks that can be added using Custom RPC networks. Essentially this allows Metamask users to manage multiple wallets from a single ledger.

The customization does not stop there. It affords users the ability to speed up their transactions during times of congestion including flexibility with slippage fees and transactions too. The app currently supports 11 languages.
Metamask is a great way to increase security as a storage place for crypto private keys. On MetaMask, the user’s private keys have password encryption and remain stored on your machine to export whenever necessary. It does not hold the data of users, but MetaMask has had security issues. Users were critical when personal browsing data was inadvertently shared with their browsers. Like many cryptos, many users have been victims of phishing exploits too.
What makes Trust Wallet Different?
Trust Wallet is the world’s leading multi-asset digital wallet to store bitcoins and altcoins. Trust Wallet supports more than just Ethereum. The protocol allows users to access a huge selection of digital currencies, including ETH, Bitcoin (BTC), Litecoin (LTC), and Ripple (XRP).
TrustWallet has gained significant popularity since it began in 2017. Trust Wallet has over 10million active users. Binance, the world’s largest cryptocurrency exchange, even acquired TrustWallet back in 2018. This institutional backing is critical to success in the crypto world.

One of the main differences from MetaMask is the ability to purchase with fiat. It is an HD wallet where users can synchronize a Visa or MasterCard. This allows new to crypto ease of entry. They pride themselves on this integration and the security it brings.
As mobile-only app, it is currently only available on Android and iOS. The mobile app is noticeably better than MetaMask. It does not require any email or usernames/passwords to onboard. Nor does TrustWallet collect or proliferate personal data— transactions are entirely anonymous. The app is configured with about 12 languages in the mobile software.

The app allows users to export private keys and import bitcoins or altcoins from paper wallets. It also has a seed backup key feature. The seed key helps users recover damaged or lost crypto assets. This provides an added layer of insurance for users.
Final Conclusions: MetaMask vs. TrustWallet
MetaMask, in short, is very customizable for users. It is preferable for users looking to access a wide range of supported tokens. With these custom features, MetaMask opens users to the larger world of DeFi. MetaMask has ease of use with good functionality for both mobile and web browsers. Users looking to bounce between the two will find a versatile app in MetaMask. A more veteran crypto investor might lean to MetaMask for its versatility.
TrustWallet, founded in 2017, is the official wallet of Binance. The institutional backing by Binance and its link with fiat affords TrustWallet the recognition as the leader in its field. It is the ideal choice for multi-cryptocurrency users who want a seamless, frictionless, and simple user interface for mobile.
Ultimately, neither is as secure as a cold wallet, like a hardware wallet like NanoLedger or an offline paper wallet. A lost seed phrase or rug pull can leave users in dire straits. If you lose your seed phrase, there is likely no customer support to “reset” your password. It is important never to share your private key with anyone. When it comes to crypto wallets, user can control their destiny.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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BTC Price Predictions: Analysts Wade in on the Future of Bitcoin

Top experts have predicted a bullish price movement for BTC in 2024, primarily because of the upcoming halving event.
Bitcoin (BTC), the flagship cryptocurrency, has always been a hot topic for analysts and enthusiasts. Over the past year, many have ventured to predict its price trajectory.
As of January 1 this year, BTC was trading at $16,547, per CoinMarketCap data. This led to speculations that the crypto market might be entering a challenging phase, with many predicting that the bull run might come in 2024, in line with the halving event.
As we approach the end of 2023, let's evaluate some of these predictions and their current status.
PlanB’s Prediction:
PlanB, known for creating the Stock-to-Flow model, made a significant prediction on January 12, 2023. He stated on Twitter that Bitcoin's price of $15.5K in November 2022 would be its lowest. He further mentioned that BTC had surpassed its Short Term Holder (STH) phase and would continue to rise steadily towards the 2024 halving event.
According to PlanB, BTC will trade above $32K during the 2024 halving, expected around April, according to reports. He also predicted that the bull market would begin in 2025, with BTC surpassing the $100K mark.

So far, PlanB's forecast seems accurate. BTC has not dipped below $15.5K since November 2022 and has climbed from $18K in January to $26K currently. PlanB reaffirmed his prediction by quoting his January tweet, saying, "To be clear, I still stand by my January 12 prediction."
To be clear, I still stand by my January 12 prediction:
— PlanB (@100trillionUSD) September 18, 2023
✅ Nov 2022 $15.5k was the bottom
✅ Bitcoin will rise towards 2024 halving. BTC already rose from $18k to $27k since Jan 12.
❓ 2024 halving will be >$32k ($32k-$66k IMO)
❓ 2025 bull market >$100k ($100k-$1m IMO) https://t.co/V74Y8VYCVo pic.twitter.com/VBjsHObMMl
Tim Draper’s Prediction:
Tim Draper, a renowned venture capitalist, made a bold prediction in 2018, stating that BTC would hit $250K by 2022. As we're in 2023, this prediction has yet to materialize.
Oops! I predicted $250k in 2022. My tweet last night was missing a zero. $250k is the number!
— Tim Draper (@TimDraper) April 13, 2018
However, Draper has been right before. In 2014, after buying millions worth of BTC, he predicted its price would reach $10K within three years. This prediction came true in 2017.
In an interview with Hall of Fame, Draper admitted feeling pressured to make another prediction after his first one's success. He attributed the unfulfilled $250K prediction to actions by the U.S. government. Yet, he remains hopeful, stating in December 2022 that BTC would reach $250K before the 2024 halving. He humorously added, "If it’s not $250,000 or higher, then don’t listen to me ever again on that kind of prediction."
Robert Kiyosaki’s Views:
Robert Kiyosaki, a prominent figure in the crypto space, has been vocal about his BTC price predictions. In July, he tweeted that BTC would reach $120K the following year (2024). This came after his earlier prediction of BTC hitting $500K by 2025. Despite BTC's price fluctuations, Kiyosaki has consistently advised people to invest in it and gold and silver.
SOFT LANDiNG? HARD LANDING? Or CRASH LANDING? I say crash landing. I hope I am wrong yet that is what I believe. Corruption is high & leaders corrupt. Buy gokd, silver, Bitcoin. Still best insurance against corruption & incompetence,
— Robert Kiyosaki (@theRealKiyosaki) May 18, 2023
However, his recent tweet with the caption "BYE BYE Bitcoin and US Dollar?" has left many wondering about his current stance on BTC.
BYE BYE Bitcoin & US Dollar? Citibank announced today it is offering bank block chain technology to turn institutional savings into Citibank tokens which can be used for instaneous 24/7 cross border transactions. Bye bye BC & US $?
— Robert Kiyosaki (@theRealKiyosaki) September 26, 2023
Pantera Capital and Chartered Bank
As reported by Crypto News Flash, American hedge fund Pantera Capital and Chartered Bank, a British multinational bank, have similar views about the BTC’s price.
The news outlet disclosed that Pantera Capital predicts $150K for BTC, while Chartered Bank sees BTC reaching the $120K mark in 2024. Both bold predictions have been made due to the highly anticipated halving event in 2024. Historically, Bitcoin's halving is seen as a bullish event in the blockchain industry.
What Next For BTC?
Predicting BTC's price is challenging, given its volatile nature. While some predictions are on track, others have not materialized. As with any investment, it's essential to do thorough research and consult with financial experts before making decisions. Only time will tell which of these predictions, if any, will come to fruition.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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