5 Alternatives to MetaMask Web3 Wallets

With the rapid development of the Web3 field, more and more alternative wallets are appearing in the market, providing users with more choices. This article will introduce 5 Web3 wallets that can replace MetaMask, which are capable of interacting with DeFi applications on Ethereum and other blockchains.

Although MetaMask has millions of users worldwide and is one of the most popular Web3 wallets, it also has some limitations. For example, storing private keys in the browser may not be as secure as a hardware wallet, the default connecting nodes may cause network disconnection issues, and the transaction confirmation process may not be intuitive enough for non-technical users.

Let's take a look at these 5 alternatives:

Frame

Frame is a privacy-focused Ethereum Wallet that supports MacOS, Windows, and Linux systems. It allows users to manage all accounts, tokens, and projects while connecting to any dApp. One of Frame's main advantages is the separation of private keys from the browser, and it supports popular hardware wallets.

After downloading Frame, users can seamlessly trade on any EVM-compatible chain through the browser extension, such as Ethereum, Optimism, Arbitrum, Polygon, and xDai.

Rabby

Rabby is an open-source Web3 wallet created by a portfolio tracker. It offers an excellent multi-chain experience, automatically switching to the corresponding blockchain network based on the websites visited by the user.

Rabby has made significant improvements in security. When confirming a transaction, the Wallet clearly parses the transaction details and displays the estimated balance changes. In addition, Rabby has integrated a security engine that performs risk checks on each transaction before the user signs, helping to identify potential threats.

XDEFI Wallet

XDEFI Wallet is a cross-chain browser extension that natively integrates THORChain, Ethereum, multiple EVM networks (such as BSC and Polygon), and Terra. Users can perform cross-chain transactions directly within the wallet without the need for centralized intermediaries or custodial services.

XDEFI also supports the direct purchase of cryptocurrencies through Ramp. It is worth noting that this Wallet is not open source at the moment. According to the roadmap, more blockchains such as Avalanche, Cosmos, Fantom, and Solana will be supported in the first quarter of 2022.

Web3Auth

Web3Auth (formerly known as Torus) is an open-source browser extension that allows users to authenticate their identity with dApps, exchanges, or blockchains using their Google account. Users can log in to their Google account with one click, automatically logging into the wallet in the browser without the need to remember complex mnemonic phrases.

Web3Auth combines the security of self-custody with a convenient user experience. It automatically creates accounts using threshold signatures and a distributed key generation network. By employing Shamir's secret sharing technique, the private key is divided into three parts, and as long as two parts can be accessed, the complete private key can be restored.

Wallet 3

Wallet 3 is an open-source non-custodial wallet that can connect to DeFi applications via the WalletConnect protocol. When users access DeFi applications that support WalletConnect, they only need to copy the URI and confirm it in Wallet 3 to complete the connection.

A standout feature of Wallet 3 is its support for quick account switching, cross-chain transfers, and direct interaction with certain top DeFi protocols such as Aave and Yearn. Additionally, it provides users with a portfolio dashboard that supports multiple networks including Ethereum, BSC, Polygon, Avalanche, and Fantom.

These alternative wallets provide users with more diverse options, each with its unique advantages. Users can choose the most suitable Web3 wallet according to their needs to explore the world of decentralized finance.