MetaMask vs MyEtherWallet
Side-by-side comparison of features, pricing, ratings, and alternatives.
MetaMask is a self-custody cryptocurrency wallet and browser extension that allows users to interact with the Ethereum blockchain and other compatible networks. It empowers individuals to store, send, and receive digital assets while maintaining complete ownership of their private keys and seed phrases. Beyond basic asset management, MetaMask serves as a secure bridge to decentralized applications (dApps), enabling users to participate in decentralized finance (DeFi), trade tokens via built-in swaps, and collect digital artifacts like NFTs. Available on both desktop browsers and mobile devices, it provides a seamless and decentralized gateway to the evolving web3 ecosystem.
MyEtherWallet (MEW) is an open-source, client-side tool that allows users to interact with the Ethereum blockchain directly. By providing a user-friendly interface, it enables individuals to generate wallets, manage ether and ERC-20 tokens, and execute smart contracts without having to run a full node. Because it is client-side, users retain full control and responsibility over their private keys and funds. MEW also supports integration with various hardware wallets such as Ledger and Trezor, offering an extra layer of security for long-term cryptocurrency storage and decentralized finance activities.
- Full ownership of private keys and digital assets
- Direct access to thousands of decentralized applications
- Integrated token swapping functionality with price aggregation
- Available as both a browser extension and mobile app
- Full control over private keys and funds
- No registration or account creation required
- Robust support for major hardware wallets
- Open-source and client-side architecture
- Risk of total asset loss if the secret recovery phrase is misplaced
- Users are entirely responsible for their own security and anti-phishing practices
- Incurs standard blockchain gas fees for transactions and token swaps
- User error can lead to permanent loss of funds due to self-custody
- Targeted frequently by phishing attacks and malicious copycat sites
- Does not natively support blockchains outside of Ethereum and EVM-compatible networks without manual configuration
The Verdict
AI-generated from listing dataBoth wallets are free and self‑custodial, but MyEtherWallet offers tighter hardware‑wallet integration and NFT support out‑of‑the‑box, while MetaMask provides broader network support and an API for developers.
Key differences
- •MetaMask supports custom networks and layer‑2s; MyEtherWallet is limited to Ethereum/EVM without manual setup.
- •MetaMask includes an API for programmatic access; MyEtherWallet does not.
- •MyEtherWallet’s token swap uses integrated DEX services; MetaMask uses a price‑aggregating swap engine.
- •MetaMask is available as both browser extension and mobile app; MyEtherWallet is only a browser extension.
- •MetaMask’s support includes community forums; MyEtherWallet offers email and a support desk only.
Pricing & value
Both are free to use with no subscription fees.
Ease of use / learning curve
MetaMask’s mobile app and broader network presets reduce setup complexity versus MEW’s manual configuration.
Features & depth
MetaMask adds API access, price‑aggregated swaps, and multi‑network support, extending functionality beyond MEW.
Integrations & ecosystem
MetaMask integrates with Uniswap, OpenSea and offers an API; MEW integrates only with Ledger, Trezor, WalletConnect, bZx.
Support
MetaMask provides an online support center and active community forums; MEW offers only email and a support desk.
Security & privacy
MEW’s client‑side, open‑source design and strong hardware‑wallet focus give slightly higher self‑custody security.
Migration / lock‑in
Both use standard seed phrases; moving assets between them is straightforward and incurs only blockchain fees.
Choose MetaMask if…
Users needing multi‑network access, developer API, or mobile wallet convenience.
Choose MyEtherWallet if…
Ethereum‑only users who prioritize hardware‑wallet security and NFT handling without extra network complexity.
Common questions
Is there any cost to use either wallet?
Both are free; you only pay standard blockchain gas fees for transactions and swaps.
Can I use a hardware wallet with both products?
Yes, both integrate with Ledger and Trezor for offline key storage.
Which wallet supports non‑Ethereum blockchains?
MetaMask supports custom EVM‑compatible networks and layer‑2 solutions; MyEtherWallet does not natively support other chains.