Coinomi vs. MetaMask | Which Wallet Is the Best?
We will compare two popular multi-currency crypto wallets, Coinomi and MetaMask. Both wallets are non-custodial and multi-functional. However, each has a distinctive set of functions, and knowing them will help you choose the wallet that perfectly meets your requirements. Please read this article to get a better idea of the characteristics of these wallets.
What Is Coinomi?
Coinomi is a versatile multi-currency crypto wallet. It was launched in 2014 by George Kimionis. Currently, the brand is headquartered in the British Virgin Islands. Coinomi supports over 1,770 cryptocurrencies and 168 fiat currencies. If we don't consider NFTs, Coinomi supports the highest number of crypto coins compared to other wallets.
Coinomi app can be installed on smartphones (Android and Apple) or computers. The wallet team did a good job ensuring that Coinomi will be a safe wallet. The wallet supports a segregated witness protocol which enhances the security of transactions. All data doesn't leave the user's device. The access can be regained via seed phrase.
On top of receiving, sending, and storing money, Coinomi can be used to buy and exchange cryptocurrencies. This functionality is realized through integration with Changelly and ShapeShift. Another partner is Binance. Coinomi has quick access to Binance DEX. Also, the wallet allows staking coins and has an inbuilt dapps browser. The latter feature is scarce for crypto wallets.
What Is MetaMask?
MetaMask is a wallet supporting ERC-20 tokens, BNB chain tokens, and custom test blockchains. Moreover, this wallet supports NFTs. Considering it, we can conclude that MetaMask supports thousands of assets. However, it's worth saying that, unfortunately, MetaMask doesn't support Bitcoin.
The wallet was created in 2016. Initially, it was available only as a browser extension, an unusual format for crypto wallets. Later, the dev team released mobile apps, too. MetaMask is an HD wallet. It supports NFTs, in-game tokens and collectibles, staking and swapping tokens. To maintain funds' safety, users should keep the seed phrase and beware of phishing attacks.
Coinomi vs. MetaMask (table)
| Factor | Coinomi | MetaMask |
| Platforms | iOS, Android, MacOS, Linux, Windows | browser extensions, iOS, Android |
| Types of transactions | send, recieve, store, exchange, swap, stake, buy, sell | send, receive, store, swap, buy, sell, stake |
| Transaction fees | miner fees | miner fees |
| Supported currencies | 1,770+, around 125 blockchains | ERC-20 tokens, BNB chain tokens, test chain tokens |
| Security features | seed phrase | seed phrase |
| Payment methods | Simplex, bank card, wire transfer, etc | Wyre, Transak, MoonPay |
| Custodial? | no | no |
| Extra features | cold staking, swaps via ShapeShift, exchange via Changelly, DeFi ready wallet, dapps browser | Staking |
| Access | global | global |
Coinomi vs. MetaMask (details)
Platforms
Both wallets can be installed on the mobile phone, but MetaMask doesn't have a full-fledged desktop version, while Coinomi doesn't have a browser extension version. So, these wallets have the same number of formats, and it's up to you whether you prefer a browser extension or a desktop wallet.
Types of transactions
Coinomi and MetaMask share almost the same number of supported transactions, but the former offers one more thing: the ability to exchange coins through the partners' services. It makes Coinomi's functionality more diverse.
Transaction fees
Both wallets don't take transaction fees for crypto operations. That's quite a nice feature!
Supported currencies
If you are not into NFTs, Coinomi seems to be a winner in terms of supported coins. It supports more cryptocurrencies than any other non-custodial wallet. On the other hand, Coinomi is yet to support operations with NFTs, and we don't know if supporting NFTs will be added anytime soon. If you need a wallet that can do operations both with regular cryptos and NFTs, then MetaMask can be a better choice. However, don't forget that MetaMask doesn't support Bitcoin! That can be a serious disadvantage.
Security features
Coinomi and MetaMask are at about the same level security-wise. Both wallets are non-custodial and don't collect user data. This data doesn't leave the user's device. It's up to account owners to beware of scammers and phishing attacks. Access to accounts can be regained via seed phrase.
Payment methods
Payment methods supported on MetaMask and Coinomi seriously differ. Coinomi offers services that are more regular for the major public. It makes this wallet more suitable for people who want a simple service that looks familiar. The fact that Coinomi supports bank card and wire transfers makes it more convenient than MetaMask. However, the latter provides enough decent payment methods as well.
Extra features
Coinomi is more versatile than MetaMask. The latter doesn't provide many extra features on top of staking. For instance, the dapps browser is a unique and outstanding feature to have in the wallet. Access to decentralized exchange and several ways to exchange your coins are great features, too. And staking is also in place, so MetaMask cannot offer any additional features that Coinomi lacks.
Access
Both wallets can be used all across the world, which is beautiful.
| Unternehmen | ||
|---|---|---|
| User rating | 34 Benutzerbewertungen | 21 Benutzerbewertungen |
| Cryptogeek rating | ||
| Vertrauenswertung Wie es funktioniert |
Über
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Coinomi ist eine der ältesten Kryptowährungs-Wallets, die seit dem Start des Projekts eine breite Palette von Währungen und Token unterstützt. Derzeit übersteigt die Anzahl der unterstützten Münzen und Token fünfhundert. Die Brieftasche bietet eine integrierte Börse als zusätzliche Funktion. Sowohl Desktop - als auch mobile Versionen der Brieftasche sind verfügbar.
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MetaMask ist eine Open-Source-Brieftasche mit mehreren Kryptowährungen und ein Gateway zu Ethereum-basierten dezentralen Anwendungen. Da die Brieftasche für die Arbeit mit der Ethereum-Blockchain ausgelegt ist, werden nur Ether- und ERC20-Token unterstützt. Mit dieser Brieftasche können Benutzer ihre Daten und Assets vollständig kontrollieren und speichern keine Daten und Assets ihrer Benutzer. MetaMask ist eine mobile Anwendung, aber diejenigen, die eine Desktop-Version benötigen, können eine MetaMask-Browsererweiterung verwenden. Es ist für Chrome-, Brave- und Firefox-Browser verfügbar.
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Gründungsdatum
| 2014 | 2016 |
Land
| International | Switzerland |
Sprachen
| English, German, French, Spanish, Russian, Chinese | English |
Wallet Typ
| Software wallet | Software wallet |
Speichertyp
| Cold wallet | Hot wallet |
Private Schlüssel
| Verfügbar | Verfügbar |
Verfügbare Münzen
| 67 - Bitcoin (BTC), IOTA (MIOTA), Tezos (XTZ), Ethereum Classic (ETC), Verge (XVG), Bitcoin Gold (BTG), Zcash (ZEC), Dogecoin (DOGE), Decred (DCR), 0x (ZRX), Loopring (LRC), Komodo (KMD), Aion (AION), DigiByte (DGB), aelf (ELF), PIVX (PIVX), MonaCoin (MONA), Syscoin (SYS), ReddCoin (RDD), Power Ledger (POWR), Zcoin (XZC), Dentacoin (DCN), Horizen (ZEN), Iconomi (ICN), SmartCash (SMART), POA Network (POA), Nexus (NXS), Achain (ACT), GameCredits (GAME), Dent (DENT), Vertcoin (VTC), Time New Bank (TNB), Enjin Coin (ENJ), NavCoin (NAV), Ripio Credit Network (RCN), Einsteinium (EMC2), Groestlcoin (GRS), Peercoin (PPC), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Cardano (ADA), Dash (DASH), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Tether (USDT), Tron (TRX), BitTorrent (BTT), NXM (NXM), Ampleforth (AMPL), xDai (STAKE), Nectar (NEC), sUSD (SUSD), Huobi Token (HT), Binance USD (BUSD), Celsius (CEL), Algorand (ALGO), OKB (OKB), TrueUSD (TUSD), HUSD (HUSD), Paxos Standard (PAX), Quant (QNT), DxChain Token (DX) | 181 - Basic Attention Token (BAT), Ethereum Classic (ETC), VeChain (VET), OmiseGO (OMG), Qtum (QTUM), ICON (ICX), Bytom (BTM), Populous (PPT), Wanchain (WAN), DigixDAO (DGD), Waves (WAVES), Zilliqa (ZIL), RChain (RHOC), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Aion (AION), Golem (GNT), IOST (IOST), KuCoin Shares (KCS), Waltonchain (WTC), aelf (ELF), Centrality (CENNZ), Dragonchain (DRGN), Substratum (SUB), QASH (QASH), Veritaseum (VERI), Mithril (MITH), Gas (GAS), Elastos (ELA), Voyager Token (VGX), FunFair (FUN), Nebulas (NAS), Nucleus Vision (NCASH), Revain (REV), WAX (WAX), SALT (SALT), Power Ledger (POWR), Storm (STORM), Mixin (XIN), Enigma (ENG), Storj (STORJ), TenX (PAY), Cindicator (CND), Dentacoin (DCN), Civic (CVC), Iconomi (ICN), SingularityNET (AGI), Matrix AI Network (MAN), POA Network (POA), GameCredits (GAME), Dent (DENT), Quantstamp (QSP), Gnosis (GNO), iExec RLC (RLC), Decentraland (MANA), Polymath (POLY), Cube (CUBEAUTO), Po.et (POE), Genaro Network (GNX), Loom Network (LOOM), NULS (NULS), Dynamic Trading Rights (DTR), Time New Bank (TNB), Aragon (ANT), Enjin Coin (ENJ), High Performance Blockchain (HPB), Raiden Network Token (RDN), Metal (MTL), Santiment Network Token (SAN), Pundi X (NPXS), SIRIN LABS Token (SRN), Dropil (DROP), Bluzelle (BLZ), SmartMesh (SMT), Genesis Vision (GVT), THETA (THETA), Pillar (PLR), Paypex (PAYX), Gifto (GTO), PayPie (PPP), BLOCKv (VEE), AirSwap (AST), DEW (DEW), Bibox Token (BIX), OST (OST), ETHLend (LEND), IoT Chain (ITC), DATA (DTA), Scry.info (DDD), Ruff (RUFF), Ripio Credit Network (RCN), SONM (SNM), Quantum Resistant Ledger (QRL), AdEx (ADX), SophiaTX (SPHTX), SingularDTV (SNGLS), Eidoo (EDO), UTRUST (UTK), Ambrosus (AMB), Edgeless (EDG), EvenCoin (EVN), WePower (WPR), SpankChain (SPANK), CRYPTO20 (C20), Telcoin (TEL), Crypterium (CRPT), Oyster Pearl (PRL), MediShares (MDS), AppCoins (APPC), USD Coin (USDC), Binance Coin (BNB), EOS (EOS), Ethereum (ETH), Tether (USDT), Tron (TRX), LKSCOIN, Polkadot (DOT), Matic Network (MATIC), renBTC (RENBTC), NXM (NXM), Terra (LUNA), Ampleforth (AMPL), xDai (STAKE), Nectar (NEC), sUSD (SUSD), Zap (ZAP), Monolith (TKN), Metronome (MET), YAM v1 (YAM), bitCNY (BITCNY), Hydro Protocol (HOT), Auctus (AUC), Loopring [NEO] (LRN), Compound Dai (CDAI), Compound SAI (CSAI), Compound USD Coin (CUSDC), pTokens BTC (PBTC), Compound Ether (CETH), PieDAO BTC++ (BTC++), Compound Basic Attention Token (CBAT), Compound 0x (CZRX), Compound Wrapped BTC (CWBTC), Compound USDT (CUSDT), Compound Augur (CREP), sBTC (SBTC), XinFin Network (XDC), Crypto.com Coin (CRO), UNUS SED LEO (LEO), Huobi Token (HT), Binance USD (BUSD), Celsius (CEL), Algorand (ALGO), OKB (OKB), TrueUSD (TUSD), HUSD (HUSD), Paxos Standard (PAX), Ocean Protocol (OCEAN), ABBC Coin (ABBC), Energy Web Token (EWT), Quant (QNT), ZB Token (ZB), SwissBorg (CHSB), DxChain Token (DX), The Midas Touch Gold (TMTG), IoTeX (IOTX), RSK Infrastructure Framework (RIF), TomoChain (TOMO), Kleros (PNK), Chiliz (CHZ), Uquid Coin (UQC), Ankr (ANKR), Velas (VLX), IRISnet (IRIS), Hive (HIVE), Energi (NRG), Unibright (UBT), WAX (WAXP), Fantom (FTM), NAGA Coin |
Sicherheit
| Personal | Personal |
Anonymität
| Medium | High |
Benutzerfreundlichkeit
| Easy | Easy |
Hat Karte angehängt
| no | no |
Hat Handelsmöglichkeiten
| Keine Daten | Keine Daten |
Hat Gutscheine und Angebote
| Keine Daten | Keine Daten |
Eigenschaften
| Hierarchical Deterministic, Multi-Signature, Open Source, Biometric Authentication | Hierarchical Deterministic, Open Source |
| Über |
Coinomi ist eine der ältesten Kryptowährungs-Wallets, die seit dem Start des Projekts eine breite Palette von Währungen und Token unterstützt. Derzeit übersteigt die Anzahl der unterstützten Münzen und Token fünfhundert. Die Brieftasche bietet eine integrierte Börse als zusätzliche Funktion. Sowohl Desktop - als auch mobile Versionen der Brieftasche sind verfügbar.
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MetaMask ist eine Open-Source-Brieftasche mit mehreren Kryptowährungen und ein Gateway zu Ethereum-basierten dezentralen Anwendungen. Da die Brieftasche für die Arbeit mit der Ethereum-Blockchain ausgelegt ist, werden nur Ether- und ERC20-Token unterstützt. Mit dieser Brieftasche können Benutzer ihre Daten und Assets vollständig kontrollieren und speichern keine Daten und Assets ihrer Benutzer. MetaMask ist eine mobile Anwendung, aber diejenigen, die eine Desktop-Version benötigen, können eine MetaMask-Browsererweiterung verwenden. Es ist für Chrome-, Brave- und Firefox-Browser verfügbar.
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|---|---|---|
| Gründungsdatum | Gründungsdatum 2014 | Gründungsdatum 2016 |
| Land | Land International | Land Switzerland |
| Sprachen | Sprachen English, German, French, Spanish, Russian, Chinese | Sprachen English |
| Wallet Typ | Wallet Typ Software wallet | Wallet Typ Software wallet |
| Speichertyp | Speichertyp Cold wallet | Speichertyp Hot wallet |
| Private Schlüssel | Private Schlüssel Verfügbar | Private Schlüssel Verfügbar |
| Verfügbare Münzen | Verfügbare Münzen 67 - Bitcoin (BTC), IOTA (MIOTA), Tezos (XTZ), Ethereum Classic (ETC), Verge (XVG), Bitcoin Gold (BTG), Zcash (ZEC), Dogecoin (DOGE), Decred (DCR), 0x (ZRX), Loopring (LRC), Komodo (KMD), Aion (AION), DigiByte (DGB), aelf (ELF), PIVX (PIVX), MonaCoin (MONA), Syscoin (SYS), ReddCoin (RDD), Power Ledger (POWR), Zcoin (XZC), Dentacoin (DCN), Horizen (ZEN), Iconomi (ICN), SmartCash (SMART), POA Network (POA), Nexus (NXS), Achain (ACT), GameCredits (GAME), Dent (DENT), Vertcoin (VTC), Time New Bank (TNB), Enjin Coin (ENJ), NavCoin (NAV), Ripio Credit Network (RCN), Einsteinium (EMC2), Groestlcoin (GRS), Peercoin (PPC), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Cardano (ADA), Dash (DASH), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Tether (USDT), Tron (TRX), BitTorrent (BTT), NXM (NXM), Ampleforth (AMPL), xDai (STAKE), Nectar (NEC), sUSD (SUSD), Huobi Token (HT), Binance USD (BUSD), Celsius (CEL), Algorand (ALGO), OKB (OKB), TrueUSD (TUSD), HUSD (HUSD), Paxos Standard (PAX), Quant (QNT), DxChain Token (DX) | Verfügbare Münzen 181 - Basic Attention Token (BAT), Ethereum Classic (ETC), VeChain (VET), OmiseGO (OMG), Qtum (QTUM), ICON (ICX), Bytom (BTM), Populous (PPT), Wanchain (WAN), DigixDAO (DGD), Waves (WAVES), Zilliqa (ZIL), RChain (RHOC), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Aion (AION), Golem (GNT), IOST (IOST), KuCoin Shares (KCS), Waltonchain (WTC), aelf (ELF), Centrality (CENNZ), Dragonchain (DRGN), Substratum (SUB), QASH (QASH), Veritaseum (VERI), Mithril (MITH), Gas (GAS), Elastos (ELA), Voyager Token (VGX), FunFair (FUN), Nebulas (NAS), Nucleus Vision (NCASH), Revain (REV), WAX (WAX), SALT (SALT), Power Ledger (POWR), Storm (STORM), Mixin (XIN), Enigma (ENG), Storj (STORJ), TenX (PAY), Cindicator (CND), Dentacoin (DCN), Civic (CVC), Iconomi (ICN), SingularityNET (AGI), Matrix AI Network (MAN), POA Network (POA), GameCredits (GAME), Dent (DENT), Quantstamp (QSP), Gnosis (GNO), iExec RLC (RLC), Decentraland (MANA), Polymath (POLY), Cube (CUBEAUTO), Po.et (POE), Genaro Network (GNX), Loom Network (LOOM), NULS (NULS), Dynamic Trading Rights (DTR), Time New Bank (TNB), Aragon (ANT), Enjin Coin (ENJ), High Performance Blockchain (HPB), Raiden Network Token (RDN), Metal (MTL), Santiment Network Token (SAN), Pundi X (NPXS), SIRIN LABS Token (SRN), Dropil (DROP), Bluzelle (BLZ), SmartMesh (SMT), Genesis Vision (GVT), THETA (THETA), Pillar (PLR), Paypex (PAYX), Gifto (GTO), PayPie (PPP), BLOCKv (VEE), AirSwap (AST), DEW (DEW), Bibox Token (BIX), OST (OST), ETHLend (LEND), IoT Chain (ITC), DATA (DTA), Scry.info (DDD), Ruff (RUFF), Ripio Credit Network (RCN), SONM (SNM), Quantum Resistant Ledger (QRL), AdEx (ADX), SophiaTX (SPHTX), SingularDTV (SNGLS), Eidoo (EDO), UTRUST (UTK), Ambrosus (AMB), Edgeless (EDG), EvenCoin (EVN), WePower (WPR), SpankChain (SPANK), CRYPTO20 (C20), Telcoin (TEL), Crypterium (CRPT), Oyster Pearl (PRL), MediShares (MDS), AppCoins (APPC), USD Coin (USDC), Binance Coin (BNB), EOS (EOS), Ethereum (ETH), Tether (USDT), Tron (TRX), LKSCOIN, Polkadot (DOT), Matic Network (MATIC), renBTC (RENBTC), NXM (NXM), Terra (LUNA), Ampleforth (AMPL), xDai (STAKE), Nectar (NEC), sUSD (SUSD), Zap (ZAP), Monolith (TKN), Metronome (MET), YAM v1 (YAM), bitCNY (BITCNY), Hydro Protocol (HOT), Auctus (AUC), Loopring [NEO] (LRN), Compound Dai (CDAI), Compound SAI (CSAI), Compound USD Coin (CUSDC), pTokens BTC (PBTC), Compound Ether (CETH), PieDAO BTC++ (BTC++), Compound Basic Attention Token (CBAT), Compound 0x (CZRX), Compound Wrapped BTC (CWBTC), Compound USDT (CUSDT), Compound Augur (CREP), sBTC (SBTC), XinFin Network (XDC), Crypto.com Coin (CRO), UNUS SED LEO (LEO), Huobi Token (HT), Binance USD (BUSD), Celsius (CEL), Algorand (ALGO), OKB (OKB), TrueUSD (TUSD), HUSD (HUSD), Paxos Standard (PAX), Ocean Protocol (OCEAN), ABBC Coin (ABBC), Energy Web Token (EWT), Quant (QNT), ZB Token (ZB), SwissBorg (CHSB), DxChain Token (DX), The Midas Touch Gold (TMTG), IoTeX (IOTX), RSK Infrastructure Framework (RIF), TomoChain (TOMO), Kleros (PNK), Chiliz (CHZ), Uquid Coin (UQC), Ankr (ANKR), Velas (VLX), IRISnet (IRIS), Hive (HIVE), Energi (NRG), Unibright (UBT), WAX (WAXP), Fantom (FTM), NAGA Coin |
| Sicherheit | Sicherheit Personal | Sicherheit Personal |
| Anonymität | Anonymität Medium | Anonymität High |
| Benutzerfreundlichkeit | Benutzerfreundlichkeit Easy | Benutzerfreundlichkeit Easy |
| Hat Karte angehängt | Hat Karte angehängt no | Hat Karte angehängt no |
| Hat Handelsmöglichkeiten | Hat Handelsmöglichkeiten Keine Daten | Hat Handelsmöglichkeiten Keine Daten |
| Hat Gutscheine und Angebote | Hat Gutscheine und Angebote Keine Daten | Hat Gutscheine und Angebote Keine Daten |
| Eigenschaften | Eigenschaften Hierarchical Deterministic, Multi-Signature, Open Source, Biometric Authentication | Eigenschaften Hierarchical Deterministic, Open Source |
Sozial
Webseite
| www.coinomi.com | metamask.io |
| Coinomiwallet | @metamask_io |
| Webseite | Webseite www.coinomi.com | Webseite metamask.io |
|---|---|---|
| Twitter Coinomiwallet | Twitter @metamask_io |
Vorteile
| - Private Schlüssel auf mobilen Geräten der Benutzer gespeichert - Integration mit ShapeShift - und Changelly-Börsen für den Krypto-Handel - Erhebt keine Gebühren - 24/7 Support | - Benutzerfreundlichkeit - Flexible Gebühren - Gute Funktionalität - Große Auswahl an unterstützten Token |
Nachteile
| - Technischer Support löst die Probleme nicht schnell - Keine aktualisierten Versionen von Open Source. | - Nicht ganz privat |
Bewertung
| User rating | User rating 34 Benutzerbewertungen | User rating 21 Benutzerbewertungen |
|---|---|---|
| Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
| Vorteile | Vorteile - Private Schlüssel auf mobilen Geräten der Benutzer gespeichert - Integration mit ShapeShift - und Changelly-Börsen für den Krypto-Handel - Erhebt keine Gebühren - 24/7 Support | Vorteile - Benutzerfreundlichkeit - Flexible Gebühren - Gute Funktionalität - Große Auswahl an unterstützten Token |
| Nachteile | Nachteile - Technischer Support löst die Probleme nicht schnell - Keine aktualisierten Versionen von Open Source. | Nachteile - Nicht ganz privat |
Coinomi Benutzerbewertung ist 3.8, basierend auf 34 Benutzerbewertungen. MetaMask Benutzerbewertung ist 2.5, basierend auf 21 Benutzerbewertungen.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.
| Wir wählen den Gewinner basierend auf unserer Vertrauenswertung. Bitte denken Sie daran, es liegt immer noch an Ihnen, welches Unternehmen Sie wählen! Wie berechnen wir den Vertrauensfaktor? |
If you need to make operations with NFTs or want to use test blockchains to minimize fees or for whatever other reason, Coinomi won't fit you. In all other situations, Coinomi seems to be a better option.
We will compare two popular multi-currency crypto wallets, Coinomi and MetaMask. Both wallets are non-custodial and multi-functional. However, each has a distinctive set of functions, and knowing them will help you choose the wallet that perfectly meets your requirements. Please read this article to get a better idea of the characteristics of these wallets.
What Is Coinomi?
Coinomi is a versatile multi-currency crypto wallet. It was launched in 2014 by George Kimionis. Currently, the brand is headquartered in the British Virgin Islands. Coinomi supports over 1,770 cryptocurrencies and 168 fiat currencies. If we don't consider NFTs, Coinomi supports the highest number of crypto coins compared to other wallets.
Coinomi app can be installed on smartphones (Android and Apple) or computers. The wallet team did a good job ensuring that Coinomi will be a safe wallet. The wallet supports a segregated witness protocol which enhances the security of transactions. All data doesn't leave the user's device. The access can be regained via seed phrase.
On top of receiving, sending, and storing money, Coinomi can be used to buy and exchange cryptocurrencies. This functionality is realized through integration with Changelly and ShapeShift. Another partner is Binance. Coinomi has quick access to Binance DEX. Also, the wallet allows staking coins and has an inbuilt dapps browser. The latter feature is scarce for crypto wallets.
What Is MetaMask?
MetaMask is a wallet supporting ERC-20 tokens, BNB chain tokens, and custom test blockchains. Moreover, this wallet supports NFTs. Considering it, we can conclude that MetaMask supports thousands of assets. However, it's worth saying that, unfortunately, MetaMask doesn't support Bitcoin.
The wallet was created in 2016. Initially, it was available only as a browser extension, an unusual format for crypto wallets. Later, the dev team released mobile apps, too. MetaMask is an HD wallet. It supports NFTs, in-game tokens and collectibles, staking and swapping tokens. To maintain funds' safety, users should keep the seed phrase and beware of phishing attacks.
Coinomi vs. MetaMask (table)
| Factor | Coinomi | MetaMask |
| Platforms | iOS, Android, MacOS, Linux, Windows | browser extensions, iOS, Android |
| Types of transactions | send, recieve, store, exchange, swap, stake, buy, sell | send, receive, store, swap, buy, sell, stake |
| Transaction fees | miner fees | miner fees |
| Supported currencies | 1,770+, around 125 blockchains | ERC-20 tokens, BNB chain tokens, test chain tokens |
| Security features | seed phrase | seed phrase |
| Payment methods | Simplex, bank card, wire transfer, etc | Wyre, Transak, MoonPay |
| Custodial? | no | no |
| Extra features | cold staking, swaps via ShapeShift, exchange via Changelly, DeFi ready wallet, dapps browser | Staking |
| Access | global | global |
Coinomi vs. MetaMask (details)
Platforms
Both wallets can be installed on the mobile phone, but MetaMask doesn't have a full-fledged desktop version, while Coinomi doesn't have a browser extension version. So, these wallets have the same number of formats, and it's up to you whether you prefer a browser extension or a desktop wallet.
Types of transactions
Coinomi and MetaMask share almost the same number of supported transactions, but the former offers one more thing: the ability to exchange coins through the partners' services. It makes Coinomi's functionality more diverse.
Transaction fees
Both wallets don't take transaction fees for crypto operations. That's quite a nice feature!
Supported currencies
If you are not into NFTs, Coinomi seems to be a winner in terms of supported coins. It supports more cryptocurrencies than any other non-custodial wallet. On the other hand, Coinomi is yet to support operations with NFTs, and we don't know if supporting NFTs will be added anytime soon. If you need a wallet that can do operations both with regular cryptos and NFTs, then MetaMask can be a better choice. However, don't forget that MetaMask doesn't support Bitcoin! That can be a serious disadvantage.
Security features
Coinomi and MetaMask are at about the same level security-wise. Both wallets are non-custodial and don't collect user data. This data doesn't leave the user's device. It's up to account owners to beware of scammers and phishing attacks. Access to accounts can be regained via seed phrase.
Payment methods
Payment methods supported on MetaMask and Coinomi seriously differ. Coinomi offers services that are more regular for the major public. It makes this wallet more suitable for people who want a simple service that looks familiar. The fact that Coinomi supports bank card and wire transfers makes it more convenient than MetaMask. However, the latter provides enough decent payment methods as well.
Extra features
Coinomi is more versatile than MetaMask. The latter doesn't provide many extra features on top of staking. For instance, the dapps browser is a unique and outstanding feature to have in the wallet. Access to decentralized exchange and several ways to exchange your coins are great features, too. And staking is also in place, so MetaMask cannot offer any additional features that Coinomi lacks.
Access
Both wallets can be used all across the world, which is beautiful.