MetaMask review
FlixoCrypt rating
Key facts
| Type | wallet-hot (Hot Wallets) |
|---|---|
| Trading fees | Maker n/a · Taker Built-in swap fee ~0.875% + gas |
| Withdrawal | Network gas only |
| Free to use | Yes |
| KYC required | No |
| Regulated | No / limited |
| Supported assets | 1,000,000+ |
| Country availability | Global |
| Restricted regions | None listed |
| Available in India | Yes |
| Affiliate commission | CPA · None (self-custody) |
| FlixoCrypt rating | 4.4 / 5 |
| Best for | Ethereum/EVM users interacting with DeFi and dApps |
| Last verified | 2026-06-29 |
Overview
MetaMask is the most widely used self-custody software wallet for Ethereum and EVM-compatible chains, available as a browser extension and mobile app. It is the default gateway to DeFi and dApps, supports hardware-wallet pairing, and is free. Its built-in swap charges a service fee on top of gas. As a self-custody wallet, security depends on the user safeguarding their seed phrase and approving only trusted dApps.
Availability
MetaMask is available in: Global. Always confirm availability for your country on the official site, as regional support changes. India: Indian residents face 30% tax on crypto gains and 1% TDS on transactions above ₹50,000 per the Finance Act 2022.
Pros
- The standard EVM wallet for DeFi and dApps
- Self-custody, free, open ecosystem
- Hardware-wallet integration
Cons
- EVM-focused (limited non-EVM support)
- Built-in swap fees are high
- Phishing target — user must stay vigilant
Who it is for
- Best for: Ethereum/EVM users interacting with DeFi and dApps.
- Avoid if: You mainly hold Bitcoin or non-EVM chains.
Verdict
The default EVM/DeFi wallet; pair with a hardware wallet for larger balances.
Related
MetaMask FAQ
What is MetaMask? +
MetaMask is the most widely used self-custody software wallet for Ethereum and EVM-compatible chains, available as a browser extension and mobile app. It is the default gateway to DeFi and dApps, supports hardware-wallet pairing, and is free. Its built-in swap charges a service fee on top of gas. As a self-custody wallet, security depends on the user safeguarding their seed phrase and approving only trusted dApps.
Is MetaMask safe? +
MetaMask is lightly regulated or non-custodial. No protocol breach; user risk is phishing, seed-phrase theft and malicious dApp approvals. As with any platform, use strong security and only hold what you need on it.
Does MetaMask require KYC? +
No — KYC is not required (non-custodial or minimal verification), which shifts custody and compliance responsibility to you.
What are MetaMask's fees? +
MetaMask fees: maker n/a, taker Built-in swap fee ~0.875% + gas; withdrawals: Network gas only. Always confirm current fees on the official site, as crypto fees change often.
Is MetaMask available in India? +
Yes. Indian residents face 30% tax on crypto gains and 1% TDS on transactions above ₹50,000 per the Finance Act 2022.
What is MetaMask best for? +
Ethereum/EVM users interacting with DeFi and dApps.
When should you avoid MetaMask? +
Avoid MetaMask if: You mainly hold Bitcoin or non-EVM chains.
What are the main pros and cons of MetaMask? +
Pros: The standard EVM wallet for DeFi and dApps; Self-custody, free, open ecosystem; Hardware-wallet integration. Cons: EVM-focused (limited non-EVM support); Built-in swap fees are high; Phishing target — user must stay vigilant.
Is MetaMask regulated? +
No / limited. Self-custody software
When was this MetaMask review last verified? +
This review was last verified on 2026-06-29 against the official site.
Reviewed by Arjun Mehta
Crypto analyst; 8+ years covering exchanges, wallets and DeFi
Last verified:
Sources
- MetaMask — official site — verified