Best Crypto Wallets
Categories: Crypto News
- Crypto wallets are an essential tool for buying, trading and selling cryptocurrencies. Traders need them to store crypto securely, as well as to protect and validate transaction information. Be they hardware or software, also called hot and cold storage, custom crypto wallets offer traders dedicated solutions compared to those from crypto exchanges.
- COINBASE:
- Best for beginners:
- We chose Coinbase Wallet as the best crypto wallet for beginners because it’s an intuitive and highly secure wallet that is backed by a well-known exchange. The app can connect to most major bank accounts and has an interface that is welcoming and easy to navigate, consisting of a simple three-tab layout and clearly identifiable functions.
- ELECTRUM:
- Best for bitcoin:
- We chose Electrum as the best Bitcoin wallet because of its extensive security features and high degree of customizability.One of the wallet’s greatest assets is that it uses a lightweight client. Light clients can be set up in a matter of minutes and take up less space than traditional wallet clients on your computer.
- MYCELIUM:
- Best for mobile:
- We chose Mycelium as the best crypto wallet for mobile devices because of its strong focus on security and advanced transaction history information.Mycelium is another well-established crypto wallet with a big focus on Bitcoin.The wallet app features custom transaction fees with four recommended levels — low priority, normal, economic and priority — and several different types of user accounts.
- LEDGER:
- Best for offline crypto wallet:
- We chose Ledger Nano X as the best offline crypto wallet because of its number of supported currencies, high security standards and mobile trading capabilities.Ledger is one of the most well-known brands of hardware wallets available today. Its initial popularity sparked with its first wallet, the Ledger Nano S, a feature-packed and highly secure cold wallet. The Ledger Nano X expands on the Nano S’ success by adding a built-in battery and features such as Bluetooth connectivity and greater asset management capabilities.
- EXODUS:
- Best for desktop:
- We chose Exodus as the best crypto wallet for desktops because of the speed of its transactions, ease of use, and the varied functionality of its client.Exodus is one of the most visually appealing and intuitive wallets on the market yet. Originally a desktop-only wallet, Exodus now has apps for iOS and Android and is also compatible with Trezor wallets, a popular hardware wallet brand.