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Author Topic: Coinbase wallet vs Meta Mask wallet  (Read 400 times)
Irazzzta
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June 02, 2021, 05:40:43 PM
 #41

Coinbase wallet can connect to Coinbase.com.  But some website doesn't use Coinbase wallet.  Most websites use Meta Mask wallet.  Which one is better Coinbase wallet vs Meta Mask wallet?

In my opinion, I prefer Metamask wallet for the use of trading activities on decentralized exchanges on various available chains such as Ethereum, Binance Smart Chain (BSC) or Huobi ECO Chain (HECO). Thats because the use of a metamask wallet is more universal, but for security we must keep it our private key. And for Coinbase, I prefer to use it for storage my investment token or coin, that's because Coinbase wallets and exchanges are centralized, maybe it will be more secure because of the security system managed by Coinbase. So in conclusion, we must have both types of wallets as a storage place for investment coins or coins that we will trade on a decentralized exchange or centralized exchange.
irsykes
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June 02, 2021, 06:50:39 PM
 #42

Coinbase wallet can connect to Coinbase.com.  But some website doesn't use Coinbase wallet.  Most websites use Meta Mask wallet.  Which one is better Coinbase wallet vs Meta Mask wallet?
Metamask of course, i think nowadays is trend of tokens. Metamask is fit for it especially if we want to mobile, we can use it too. For big coins, if me i prefer to save in my local exchange. Because if want to trade then i don't need to make deposit again and maybe less fees. But 2fa will always importang.

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June 02, 2021, 07:25:55 PM
 #43

IMHO Metamask much better implementation on some dApps especially DeFi, NFT, etc and it was more decentralized rather than Coinbase wallet, The only Metamask disadvantages is can be easily exploited on public network and you can lose your fund, It's much better with full Decentralized wallet but if you are actively opening your crypto wallet through public Network maybe Coinbase wallet is much better, Your choice mate. I personally never open My crypto wallet through public network so i choose Metamask, Much easier too use with wider Integration.
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June 02, 2021, 07:29:22 PM
 #44

There are 2 kinds of wallet in the market one is centralized one where you can keep your fund but you don't have full access of your wallet. Like you don't have the private key to operate Your Wallet. In most of the cases You can't connect centralized wallet to any  dapps so farm. Conbase wallet is the centralize one. But it has some positive sites to. you can use it through your Gmail or phone number. And it's very easy to use. In other hand decentralised wallets are where you have te full authority of your wallet. But you have to keep you private key to safe otherwise you could easily lost your fund.

zasad@
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June 02, 2021, 07:35:01 PM
 #45

I only use Metamask wallet in conjunction with a hardware wallet for security.
https://chainlist.org/
With the help of this site, you can easily connect your Metamask wallet to any available blockchain.
Metamask wallet is compatible with all DeFi projects that can be found on these blockchains.


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Shallow
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June 02, 2021, 08:30:35 PM
 #46

If you understand what a centralized wallet is, then you will understand why Metamask is far better. A centralized wallet is that of Coinbase, meaning that your funds can be monitored and even frozen by Coinbase, or rightly put, using such wallets makes you lose complete control of your assets. On the other hand, a decentralized wallet is that which gives you total control of your assets and of course supported by a lot of platforms since it conforms to the idea behind crypto (decentralization).
Therefore going back to the question and in an attempt to answer it, Metamask wallet is better than Coinbase wallet as it offers you a private key which you can use to access your wallet whenever you want.
Lastly, any wallet that do not afford you the opportunity to have a private key, mnemonic phrases and it likes, you should avoid such wallets.

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revilo
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June 03, 2021, 09:50:18 PM
 #47

If you understand what a centralized wallet is, then you will understand why Metamask is far better. A centralized wallet is that of Coinbase, meaning that your funds can be monitored and even frozen by Coinbase, or rightly put, using such wallets makes you lose complete control of your assets. On the other hand, a decentralized wallet is that which gives you total control of your assets and of course supported by a lot of platforms since it conforms to the idea behind crypto (decentralization).
Therefore going back to the question and in an attempt to answer it, Metamask wallet is better than Coinbase wallet as it offers you a private key which you can use to access your wallet whenever you want.
Lastly, any wallet that do not afford you the opportunity to have a private key, mnemonic phrases and it likes, you should avoid such wallets.

It could be otherwise if someone is not technically literate and prefers a secure and reliable company that provides a wallet service. The risk to make a mistake is lower and when it comes to hacking it depends how it happened. Under the right circumstances you can hold the company reliable.
Scripture
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June 03, 2021, 09:58:23 PM
 #48

They are two different wallet with a different purposes, most of the projects allows you to connect Metamask whiles coinbase is not, and seriously you don’t need to choose between this two because you can easily have your wallet especially on Metamask. In my case, I always use my metamask to swap tokens.
BayAngelo
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June 03, 2021, 10:18:04 PM
 #49

please go for metamask wallet for your own sake of loosing your funds. Coinbase wallet is like a third party wallet and you are not in control of the wallet. it is been controlled by coinbase. if you mistakenly send something to another coinbase contract account. forget it. you will never get the funds back. better use metamask and save your self the heartbreak of loosing your funds.

MCobian
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June 03, 2021, 10:45:22 PM
 #50

They are two different wallet with a different purposes, most of the projects allows you to connect Metamask whiles coinbase is not, and seriously you don’t need to choose between this two because you can easily have your wallet especially on Metamask. In my case, I always use my metamask to swap tokens.

Coinbase wallet and Metamask wallet are both popular, but I have the same reason as you that because many projects need Metamask address,
so I also prefer to use Metamask than Coinbase. Especially after I read the post in this thread, most members prefer to use Metamask. Another
reason may be because there is an issue that says Coinbase is involved in the misuse of its users personal data, scares me using Coinbase wallet.

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June 03, 2021, 11:16:16 PM
 #51

Am pretty sure that the number of metamask users surpass coinbase users and obviously metamask is the most popular chrome plugin for crypto wallet I think some mobile users do use coinbase wallet but later switch to metamask as is more efficient to me

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June 03, 2021, 11:23:02 PM
 #52

Thats 2 difference comparison the first one (coinbase) are centralized wallet " only 1 company able to manage it their wallet under their tos" and the other one is decentralized ( meta mask ) you had full access of your wallet. and also as purpose of service its kindda difference . while coimbase most used for fiat exchange and meta mask for storing asset.
(o)(o)ilikeboobs(o)(o)
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June 04, 2021, 03:23:13 AM
 #53

Coinbase wallet is a centralized wallet and it is used in several cases such as calling for investment capital, depositing transactions. Metamask wallet is a decentralized wallet and is compatible with both ETH and BSC so it is a tool for anyone to use to transact on decentralized platforms.
Personally, I prefer Metamask because it is a more versatile and popular tool.
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June 06, 2021, 06:44:02 PM
 #54

It is dependent on how you intend to use it. Metamask is accepted by the vast majority of websites, dapps, and exchanges, with only a few exceptions. However, this is becoming more common. Coinbase is easier to use in my opinion, and you can just import onto each other using private keys.
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June 06, 2021, 07:35:07 PM
 #55

Coinbase wallet can connect to Coinbase.com.  But some website doesn't use Coinbase wallet.  Most websites use Meta Mask wallet.  Which one is better Coinbase wallet vs Meta Mask wallet?

Both are the best wallets. But it depends on the platform that works with the wallet. Indeed, most DeFi platforms use Metamask. However Metamask only supports Ethereum, while Coinbase supports multiple blockchains.
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June 06, 2021, 08:13:06 PM
 #56

Coinbase wallet can connect to Coinbase.com.  But some website doesn't use Coinbase wallet.  Most websites use Meta Mask wallet.  Which one is better Coinbase wallet vs Meta Mask wallet?

I think both are good. But I use Metamask more often, because most tokens come from Ethereum. So when we connect to the swap platform directly with the Metamask wallet.

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June 06, 2021, 09:36:09 PM
 #57

Though don't really know about coin base wallet but I am very conversant with meta mask, so to me it's best because I enjoy the service and I can use it for what I want.
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June 06, 2021, 10:26:54 PM
 #58

Another very important aspect is the Security Level - it can tell you how safe your crypto assets are if they are stored in a particular wallet. After doing a Coinbase vs MetaMask comparison, it is evident that Coinbase has somewhat better security features than MetaMask. The Supported Crypto Amount section can tell you how much & which cryptocurrencies you can easily hold in one cryptocurrency wallet at the same time. After comparing Coinbase vs MetaMask, it is clear that Coinbase has a higher number of cryptos supported with 8 cryptocurrencies available, while MetaMask supports 2 different cryptocurrencies.


You can read the full results at. https://www.bitdegree.org/crypto/coinbase-vs-metamask
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June 06, 2021, 11:19:50 PM
 #59

I have used metamask wallet so many times and it has so many features, with metamask you can add your network nodes to enable your project works smoothly, metamask is one of the oldest decentralized wallet with tight security Standard, on the other hand, coinbase is centralised and are mainly used on a centralised platform like that on NFTs platform like rarible, foundation, and many centralized marketplace.
If you are considering trading in Dex exchange use metamask, but for centralized site, use coinbase wallet.



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