<span style="font-weight: 400;">Cryptocurrency users must know MetaMask, a specialized wallet that was developed by crypto giant Consensys. Last March 2022, the wallet was able to reportedly rake in around 30 million users. This number is a significant 42% increase compared to the stats of the previous four months. </span>

<span style="font-weight: 400;">While MetaMask is primarily used to move through the Web3 space, it has also offered commercial options for professional investors and businesses. This offering has allowed the wallet to expand its reach and broaden its market. </span>

<span style="font-weight: 400;">Considering these numbers and MetaMask’s wide market coverage, the wallet must be armed with certain noteworthy features and specifications. This </span><a href="https://www.getewallet.com/crypto-wallets/metamask" target="_blank" rel="noopener"><span style="font-weight: 400;">MetaMask wallet review 2022</span></a><span style="font-weight: 400;"> will cover features, specifications, pros, cons, and other key considerations to help you know whether MetaMask is worth the try. </span>
<h2><span style="font-weight: 400;">Features and Specifications</span></h2>
<span style="font-weight: 400;">MetaMask excels at the two hallmark features of the generally </span><a href="https://www.investopedia.com/cryptocurrency-regulations-around-the-world-5202122" target="_blank" rel="noopener"><span style="font-weight: 400;">cryptocurrency landscape</span></a><span style="font-weight: 400;">: being able to receive and send tokens in a safe setting and while staying anonymous. The wallet is considered non-custodial, which means that data supplied in the platform is not stored inside a chief database. </span>

<span style="font-weight: 400;">Aside from those qualities, MetaMask is also considered the following.</span>
<ul>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">A crypto buying place</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">A storage and swapping area of Ethereum tokens</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">A platform to monitor and manage EIP-1559 gas fees</span></li>
</ul>
<h3><span style="font-weight: 400;">Supported Cryptocurrencies</span></h3>
<span style="font-weight: 400;">Among the 20,000 cryptocurrencies being circulated, MetaMask supports the following. </span>
<ul>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Ethereum</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">ERC-20 tokens</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Dai</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">US Coin</span></li>
</ul>
<span style="font-weight: 400;">Other than those, MetaMask also supports NFTs and several blockchains. </span>
<h2><span style="font-weight: 400;">MetaMask Pros and Cons</span></h2>
<h3><span style="font-weight: 400;">Pros</span></h3>
<ul>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">It is easy to install and set up on different devices. </span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The registration process does not require personal information. </span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Several wallets can be created within the single app.</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Supports NFTs, ERC-20 tokens, and several blockchains. </span></li>
</ul>
<h3><span style="font-weight: 400;">Cons</span></h3>
<ul>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Password cannot be reset.</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Tech support options are narrow. </span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Bitcoin is not supported. </span></li>
</ul>
<h3><span style="font-weight: 400;">Anonymity and Privacy</span></h3>
<span style="font-weight: 400;">Being a non-custodial wallet, MetaMask takes your privacy seriously. Unlike </span><a href="https://www.businessinsider.com/personal-finance/best-crypto-bitcoin-exchanges?IR=T" target="_blank" rel="noopener"><span style="font-weight: 400;">crypto exchanges</span></a><span style="font-weight: 400;">, this wallet does not ask its users to supply any personal information to get started with its platform. Hence, if you use MetaMask, you are given full control over the cryptocurrencies that they trade and collect within their wallet—including the secret phrase. </span>

&nbsp;

<span style="font-weight: 400;">However, even if anonymity is preserved within the wallet, MetaMask gives a warning that transactions done through blockchain are not entirely anonymous. The exact term to describe the case would be “pseudonymous,” wherein the wallet ID serves a pseudonym to represent the users. Transactions done using the ID are logged within the blockchain. </span>
<h2><span style="font-weight: 400;">Security</span></h2>
<span style="font-weight: 400;">While security is an important quality that MetaMask enforces, much of its security-boosting efforts are tailored towards anonymity. As mentioned earlier, the wallet does not store user data. Alternatively, the wallet is guarded by a user-created password and biometric information within mobile devices. It is also restored through a seed phrase that is twelve words long. </span>

<span style="font-weight: 400;">The seed phrase is extremely important because tech support cannot assist with password recovery. If the user loses or forgets the phrase, the wallet is at risk of being gone forever. </span>

<span style="font-weight: 400;">Considering how MetaMask only offers one way to recover the wallet, the platform is prone to malware, hacks, and crypto scams. To avoid this, you should never supply your seed phrase to someone you do not know or trust. If you suspect that the wallet has been compromised, contact MetaMask support immediately. </span>
<h2><span style="font-weight: 400;">User-friendliness</span></h2>
<span style="font-weight: 400;">MetaMask has taken user-friendliness seriously by making the platform compatible with various devices. If you are a desktop or laptop user, you can access MetaMask through its in-browser web app. Alternatively, you can also download it on your smartphone from either of the biggest app stores. </span>

<span style="font-weight: 400;">Other than that, a plus to MetaMask’s user-friendliness is the fact that it is seamlessly integrated to several cryptocurrency sites and decentralized exchanges. </span>
<h2><span style="font-weight: 400;">Fees</span></h2>
<span style="font-weight: 400;">While this depends on how fast the exchange will process the transaction, MetaMask users will have to shoulder the gas fees for their blockchain-directed transactions. Users will also have to pay a service fee for any swaps. This fee could be as low as 0.3% and as high as 0.875%. </span>

<span style="font-weight: 400;">Its official site also states that users should expect to pay the following. </span>
<ul>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">A MetaMask fee</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">A processing fee</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The gas market rate</span></li>
</ul>
<h2><span style="font-weight: 400;">Customer Support</span></h2>
<span style="font-weight: 400;">Even if MetaMask is developed by the </span><a href="https://www.forbes.com/sites/billybambrough/2022/09/02/an-important-milestone-bitcoin-and-crypto-giant-binance-reveals-ethereum-price-game-changer-ahead-of-major-upgrade/" target="_blank" rel="noopener"><span style="font-weight: 400;">crypto giant</span></a><span style="font-weight: 400;"> ConsenSys, its customer support is limited. The service is specifically directed towards technical issues that users face when using the wallet on personal units or navigating through different blockchains. Assistance can be accessed through MetaMask’s community message board, help center, and email services. Live support is not available. </span>
<h2><span style="font-weight: 400;">The Verdict</span></h2>
<span style="font-weight: 400;">While MetaMask has its strengths and weaknesses, it can still work well for crypto users—especially those that focus on Ethereum and ERC-20 tokens. When using the wallet, you just need to keep your presence of mind—something you would need even with other wallets. </span>

MetaMask Wallet: An In-Depth Review

The wallet must be armed with certain noteworthy features and specifications. This MetaMask wallet review 2022 will cover features

As a keen observer of every latest development in the crypto world, Guest has formed a sound understanding of how the blockchain and cryptocurrency works. Guest likes to keep a tab on all the trends within the crypto industry and treats our readers with insightful content.

MetaMask Wallet: An In-Depth Review

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