Cryptocurrency is growing in popularity and, like other valuable assets, needs to be kept safe and secure. From your personal computer to your mobile and tablet devices, there is a wide range of wallets to choose from, but the best crypto wallet for you largely depends on your needs and personal preferences.
Wallets can be split into physical wallets and virtual wallets. They are similar to bank accounts, allowing you to store, send, and receive money. Digital wallets allow you to store bits and pieces of cryptocurrencies. A virtual wallet is a software wallet (for example, the Coinbase Wallet). Physical wallets are more like a safe, containing your smartphone, keys, and, often, a paper backup. When it comes to keeping your cryptocurrencies safe, there are several different wallets to consider, and here is the list of the 8 best crypto wallets.
Public.com is a bitcoin wallet and exchange. The wallet is open-source, and the website’s code is publicly available. The wallet also supports other cryptocurrencies. The interface for the wallet is available in both desktop and mobile versions.
The development team is active, responding to bug reports and implementing improvements. Overall, the wallet’s user interface is well designed, although some functionality is missing. The verification process is extensive, and users may find it difficult to get their accounts verified.
Public.com allows users to easily buy bitcoin, ethereum, and litecoin and store them securely. The website provides clear information on fees, minimum balances, and withdrawal limits. Public.com’s exchange interface is straightforward and easy to understand. The website also allows users to buy or sell crypto-for-cash and to transfer crypto between accounts.
CoinBase is a well-known and trusted platform for digital trading assets. It has recently begun offering its service to companies interested in accepting Bitcoin payments. However, when Coinbase began offering its service to companies, it immediately faced criticism for the lack of security and customer protection. Many companies have decided to keep their digital assets in cold storage, while Coinbase’s public platform allows exposure to all digital assets.
The Coinbase security system relies on a 2FA and SMS (two-factor authentication) system. This system only protects against online attacks. If an attacker manages to get a user’s phone number, they can easily send large amounts of digital money from that user’s Coinbase account to their wallet. Since Coinbase does not keep track of what wallet a user has, there is no way for Coinbase to prevent this from happening.
Hardware wallet Ledger Nano S supports numerous cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many other altcoins. Ledger Nano S is portable and can act as a secure place to store cryptocurrencies offline.
Electrum is one of the best Desktop Wallets available for Bitcoin. Its interface is very easy to use and well developed, making it possible to use it with 2FA. Electrum is a secure, open-source, multi-signature wallet written in Python that lets you manage your Bitcoin, Litecoin, Dogecoin, DASH, Namecoin, and Peercoin private keys. Electrum runs on Windows, Mac, and Linux and is available for Android and iOS. Its fully open-source design means that anyone can verify the security of Electrum’s code, and anyone can suggest and vote on upgrades. Electrum is free to download and use, but donations are appreciated to further fund development.
Mycelium is a Bitcoin wallet that offers the iKey security feature. iKey allows users to control their private keys through a 3-factor authentication process that requires the user to use a physical device, a smartphone app, and biometric verification. The iKey solves all problems associated with online security, including stolen passwords, phishing, and malware. Mycelium uses state-of-the-art security to protect user funds. The wallet encrypts the personal information of its users, as well as all of the data being stored.
Exodus is a wallet that will support multiple currencies, including Bitcoin, Ethereum, Qtum, and Litecoin. The wallet recently launched support for Brave, a privacy-focused browser, and is rumored to provide support for Bitcoin Cash. The wallet recently received $13 million in Series B funding and now supports 150 currencies in total.
Blockchain.com is a crypto wallet and exchange platform. The wallet supports Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, and Dash, and wallet users can manage these coins, trade them, and more. The app has accounts (debit and credit) and exchanges (the mobile web version only), and it’s available on most iOS and Android devices.
Token13.org is a encryption wallet for management BTC, ETH, EOS, ATOM, BCH, TRX, LTC, CKB, DOT, KSM, FIL, XTZ. Through token13 wallet you can buy, sell and pay cryptocurrency. You can store cryptocurrencies in the token13 wallet for a long time and wait for the currency value to rise or you can wait for the currency value to fall to increase your holdings.
Token13 wallet makes cryptocurrency transactions faster and safer: the token13 wallet supports both Android and ios, which is convenient and fast.
Cryptowallet.com is the fastest and easiest cryptocurrency wallet. Whether you want to buy your first cryptocurrency or you want to sell old coins, we are the best place to get started. With Cryptowallet.com, you make money when you buy cryptocurrency, and you keep more when you sell it.
Cryptocurrency wallets are an important part of being a smart crypto user. You need to keep your cryptocurrency secure, and you also need the wallet to be able to send and receive funds. Today, most wallets are online, but keep in mind that some people prefer to keep their cryptocurrency on hardware wallets, which are more secure than online wallets.