It’s no secret that buying ETH can be a confusing and daunting task for those new to the world of cryptocurrency. With so many different exchanges and wallets to choose from, it’s hard to know which one is the best for you.
In this article, we’ll take a look at two of the most popular options for buying ETH – MetaMask and Coinbase – and compare their features to help you decide which one is best for you.
MetaMask is a popular Ethereum wallet that also allows you to buy ETH directly from the wallet interface. One of the main advantages of MetaMask is that it’s very easy to use, even for those who are new to cryptocurrency.
Another advantage is that MetaMask is a “non-custodial” wallet, which means that you control your private keys and your ETH is never stored on MetaMask’s servers. This makes MetaMask a very secure option for storing your ETH.
Coinbase is one of the most popular cryptocurrency exchanges and allows you to buy ETH with fiat currency (USD, EUR, GBP, etc.) as well as with other cryptocurrencies. Coinbase is a “custodial” exchange, which means that they hold your private keys and your ETH is stored on their servers.
While this may make Coinbase less secure than a non-custodial wallet like MetaMask, Coinbase makes up for it in convenience and ease of use. Coinbase also offers multiple security features to help keep your account safe, such as 2-factor authentication and a host of others.
So, which one should you choose? If you’re new to cryptocurrency and want an easy way to buy ETH, then Coinbase is probably the best option for you. However, if security is your main concern and you don’t mind taking a little bit more time to learn how to use a non-custodial wallet like MetaMask, then MetaMask is probably the better choice.