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Since modern technology offers unbelievable solutions to the developers and web engineers, people have received access to online wallets of several types.
The division into types depends on several factors including the medium type which is used for wallet storage, who takes control of this wallet, and if any data is stored online in it.
Some wallets can have characteristics of several types and are considered more universal ones. The choice of the cryptocurrency wallet is a very responsible task because any mistake can cost you all your savings.
That is why it is important to consider several points when you decide what crypto wallet to open. They can be accessed both from PC and mobile devices, are usually free but less secure and can be shared with other people.
At the same time, you need to pay money for them and would access them not so often like online ones. If you plan to store BitCoin, every wallet will support this most popular token nowadays.
But more rare altcoins can be not supported by some platforms, so a wallet on them will be useless for you. Modern wallets can have many features including a multi-signature feature, back up, customer support.
Consider which ones are important for you and then make your choice. It must be comfortable for you to use the wallet you own.
The wallet provider must be transparent and enhance not only its security but also features. Online wallets are usually free of charge and take some fee only for transactions.
It is very important to understand if the company behind the wallet has been long in the crypto market and if it continues working on its updates and upgrading.
One more important thing is feedback of other users since only wallets with a good reputation are worth your trust. We have done that for you and compiled a list of the best crypto storage websites with all their pros and cons.
Ledger has produced the first and the only certified hardware crypto wallet which has been created for token owners for whom the security of their assets is critical.
It is the company which has produced 4 wallets which are sold in countries. The hardware wallet can be accessed both from PC and mobile devices since there are free apps to download and install.
There are the latest security features which are constantly updated, a possibility to check real-time balances and multiple counter values supported.
However, if you want lower fees, then you should deposit the funds with a bank transfer. If you are looking for a Bitcoin wallet that not only enables you to store your coins safely, but that also enables you to easily buy cryptocurrency , then Coinbase is the best cryptocurrency wallet for you.
The Ledger Nano S is a highly secure cryptocurrency hardware wallet. The simplicity of this interface is why we also recommend it to beginners.
For additional security, the Ledger is locked with a customizable 8 digit pin. The Ledger Wallet is operated with 2 physical buttons that are found the top of the device.
You can use these buttons to type in your pin, input your recovery words, confirm transactions, and view your balances.
The fact that these buttons are physical is a significant security add-on since there is no way for a hacker to remotely click a physical button on your device.
Although the design of the device could be sexier, the Ledger Nano S is hands down the best crypto hardware wallet out there by combining extreme security, a simple interface, and an unbeatable price.
Trustwallet used to be a regular Ethereum and ERC token wallet until it was acquired by crypto exchange titan Binance. Now the wallet supports dozens of additional blockchains in addition to Ethereum and has become one of the best cryptocurrency apps.
Binance has now done multiple security audits to the wallet and also added support for additional coins like Bitcoin, Tron, Litecoin, and others.
However, this feature expansion has come at a cost. Trust wallet now no longer the simple wallet that it used to be and is hence not a great option for people that are just getting started and that are not interested in an altcoin wallet supporting hundreds of different coins.
There is no way to access the altcoin wallet online or to download it to your PC. This not only comes with a usability downside but also with security concerns.
It is a fact that smartphones are generally not the most secure option to store cryptocurrency since phones can be easily compromised.
Therefore you should think carefully before sending all your coins to Trustwallet. That being said, I will end with something positive and say that Trust wallet is a decent option for mobile payment.
Meaning that if you regularly spend your cryptocurrency at shops and stores, then keeping them on a mobile app like Trustwallet is going to make things much easier for you.
To conclude, all of the above factors make Trust Wallet the best cryptocurrency wallet app out there. Atomic is a multi-currency web wallet that also offers an intuitive mobile wallet.
If you are not ready yet to purchase a hardware wallet and are instead looking for a simple and free software wallet, then Atomic is most likely a great fit for you.
Atomic is a simple multi cryptocurrency wallet that can be downloaded to your PC, Tablet or Smartphone. Although this is the safest way for a software wallet to operate, it can be cumbersome for people that are looking for a web wallet that they can easily access online without having to download anything.
The wallet was not only launched several years ago and has been properly audited, but Atomic is also partnered with some of the largest companies in the space.
As already mentioned, Atomic is a multiple currency wallet that supports hundreds of cryptocurrencies and that is very quick to add new ones.
Furthermore, a very nice additional feature Atomic offers to its users is a built-in exchange. With the coin swap functionality, users can easily exchange their coins directly through the wallet without having to risk sending their coins to an exchange.
Last but not least, another point that makes Atomic a great way to store your cryptocurrency is their fast support team and extensive help center.
The device has been battle-tested for several years which is why some consider it a more secure option than the Ledger Nano S, however, that is debatable since both devices have never been compromised yet.
This makes the device significantly less robust to competitors like Ledger. However, although the functionality of this program is very complete, it can be confusing for beginners, which is why we only recommend the TREZOR for people that are already a bit familiar with cryptocurrencies.
It was created back in and has since then built an excellent reputation due to its technical excellence and brilliant customer support. One of the main features that make the Exodus Wallet stand out is its intuitive user interface.
Even beginners will be able to easily download the wallet to their computer or smartphone and start using it right away.
Secondly, the wallet also has a built-in exchange that enables users to seamlessly swap coins from right inside of the wallet.
This reduces risk significantly by not forcing users to send their coins to a third party exchange when wanting to do a trade. Dash Wallet.
MyMonero Wallet. Monero GUI Wallet. Monerujo Wallet. If you wish to manage your XMR on the go with private data security features, the Monerujo Android app is worth considering.
Trust Wallet. Qtum Electrum Wallet. Qtum Core Wallet. The official desktop and mobile wallet for QTUM, Qtum Core enables you to send, receive and store your funds with support for smart contracts.
Qtum Web Wallet. This official Qtum web wallet places a large emphasis on simplicity, presenting a basic user interface for QTUM fund management.
Bitpie Wallet. A HD mobile wallet for buying and selling multiple cryptocurrencies through a built-in peer-to-peer exchange feature. Formerly known as RaiWallet, this open-source web wallet gives you control of your private keys for extra security when storing XRB.
Lisk Nano Wallet. Lisk Core Wallet. If you're a developer or technically advanced user wanting to setup a full network node, this Lisk wallet is worth considering.
Lisk Hub Wallet. A user-friendly way to store and manage your LSK tokens with access to a blockchain explorer and other features. Dogecoin Wallet.
NEON Wallet. The official desktop wallet for NEO, this option allows you to interact with your NEO holdings through a graphical user interface. O3 Wallet.
NEO Tracker. ICONex Wallet. Load More. Compare up to 4 providers Clear selection. What's in this guide?
Compare cryptocurrency wallets What is a cryptocurrency wallet? How do cryptocurrency wallets work? Types of cryptocurrency wallets How to choose a cryptocurrency wallet Using your cryptocurrency wallet How to keep your wallet safe Compare cryptocurrency backup devices Bottom line Frequently asked questions Read our wallet reviews.
How wallets and blockchains interact The blockchain of any cryptocurrency contains a public record of all the transactions made since it began.
The amounts sent and received and the public wallet addresses are all public information. Easy to use Secure Plenty of choices Free to download Risk of computer viruses and malware Inconvenient to manage your crypto on the go The most common type of wallet out there, desktop wallets are downloaded and installed on your computer.
Popular desktop wallets: Electrum , Exodus , Copay. Easy to use Convenient Many options Free to download Losing your phone could cause problems Risk of hacking Mobile wallets are fairly similar to desktop wallets, but they run as an app on your smartphone.
Popular mobile wallets: Jaxx , Coinomi , Edge. Popular web wallets: blockchain. Most secure option Offline storage Easy to set up and use Most expensive option Inconvenient for quick access to your funds The best hardware wallets add another layer of security by keeping your private key on a USB stick or specially designed piece of hardware.
Secure Free from risk of malware or hackers Free to set up Can be damaged, lost or stolen Confusing for beginners Paper wallets take to the next logical step the concept of entirely offline keys for hardware wallets: simply print out your public and private keys and use that piece of paper as your wallet.
Popular paper wallets: Bitaddress. Hot wallets vs. What does temperature have to do with crypto storage?
Holding on an exchange vs. Exchanges are a popular target for hackers and thieves. These addresses are either: A long alphanumeric string of numbers and letters.
A QR code for smartphone wallets. Once you have this address, you will need to: Log in to your wallet. Click Send. You can generally only send and receive like coins — for example, bitcoin to bitcoin or Ethereum to Ethereum.
Specify the amount, and possibly the currency, you want to transfer. Check any transaction fees that apply, and make sure you have enough coins in your wallet to pay the fees.
How to receive cryptocurrency in your wallet Receiving coins is even easier than sending them. Log in to your wallet. Click Receive link. Copy the public wallet address provided.
Compare and Choose a Bitcoin Debit Card? Latest guides. What Is Uniswap? Important information. Mohd Raffi. My crypto still save and many update from developer.
Almost 4 years with freewallet. Good job freewallet team. Keep it up. Armine Avetisyan. All features I need is in one app. That's great!
Easy to buy and exchange. Keep on going ahead guys! Just improve your app and it will become one of the best wallet apps ever!