If you are looking to invest in cryptocurrencies, you will need a wallet to store and secure your private key to access your assets. Many people have lost their cryptocurrency because they did not protect it adequately; as you may know, cryptocurrencies are not even registered under any country’s laws. As a result, you must be very cautious while selecting a wallet for your digital money.
7 Cryptocurrency Wallets to keep your crypto
You might have heard about Trust Wallet since it’s known as one of the most secure and trusted crypto wallets in the industry. Trust Wallet is accessible on Android, iOS, and desktop platforms which gives users a simple way to manage their cryptocurrencies.
You may buy cryptocurrency with a credit card and exchange it quickly for a greater level of privacy and security. You may also buy crypto in a matter of minutes, earn cryptocurrency interest in your wallet, and keep track of all of your NFTs, art, and collectibles in one location.
You can also leave the app when trading your cryptocurrency, so no worries about that. Moreover, you can keep track of pricing and charts inside the wallet while staying protected from fraudsters and hackers. You can get your first $50 worth of Ethereum, Binance Coin, Bitcoin, and other cryptocurrencies without having to provide any kind of paperwork.
All your digital assets in Trust Wallet are safe and secure and they don’t collect your personal information as well. You can use your favorite decentralized applications and discover new ones in the wallet. They support 160+ assets and 40 blockchains which allows you to store your tokens/coins in a single place.
Exodus allows you to send, receive and exchange crypto through their desktop and mobile versions. Exodus hardware wallet effortlessly interacts with a variety of applications to help you better manage your crypto and earn more interest with these apps.
You’ll get access to live charts and portfolios, as well as a built-in exchange and 24-hour assistance to make your crypto trading more enjoyable. It supports over 100 different cryptocurrencies. From Android or iOS mobile applications, you can govern your virtual assets no matter where you are. You can also easily sync data with the desktop app, swap cryptocurrency in two clicks, and keep track of market movements.
Trezor Hardware Wallet is a reliable solution to help you control and exchange crypto. It safeguards your assets in an open and transparent manner, with audits conducted by its professional security researchers and verification based on their track records.
Trezor Wallet offers users a user-friendly, convenient and intuitive interface. They also provide an offline backup feature, which allows you to access and recover assets quickly.
A seed will be created for you when you set up your Trezor wallet. If you want your seed to be even more secure, don’t make a digital copy and store it in a secure location. Your own 12-24 word recovery seed can always be used to get access to your wallet. This recovery seed is based on SatoshiLabs standard, and it’s compatible with a variety of wallet applications. Trezor wallet supports over 1000 currencies and has a number of security features like encrypted cloud storage, U2F authentication, Bitcoin-only firmware, GPG encryption, and so on.
BitPay allows you to create multiple wallets, send funds and have full control over your wallets. Moreover, you can store your money with encrypted key and multi-sig, protect while shopping by using Payment Protocol. You’ll also get emails and push notifications for any update of the wallet.
You may send money to your pals all around the world and convert your crypto assets into dollars using their cards/gift cards. Don’t worry if your favorite business doesn’t take cryptocurrency; you can use this BitPay app to immediately get store credits and use them at a merchant.
The non-custodial and open-source features of BitPay protect your assets from being hacked, even BitPay can’t take your assets. The security of your wallet is also improved with biometric authentication, PINs and a private encrypted key.
Breadwallet is a mobile wallet application created by bread in 2015. It’s compatible with Android and iOS smartphones. It is safe to use and provides an easy method to keep crypto. The software is well-designed, and it can connect directly to its corresponding blockchains to speed up transactions.
Breadwallet is designed to keep personal data and privacy safe. Send and receive money at the touch of a button, anytime, anywhere, and in total financial privacy. When users transfer or receive bitcoins in their wallets, Bread Wallet has a unique feature: there is no need to use a server. The most interesting thing about Breadwallet is that you don’t have to register for an account to use, instead, Breadwallet can connect to the blockchain safely.
DeFi Wallet is a non-custodial wallet developed by Crypto.com, which allows you to use all DeFi services at one place. You will be granted full control of your keys and assets and manage over 100 coins such as BTC, ATOM, DOT, etc.
For data recovery, import your current wallet using a 12- or 24-word phrase. You may also send crypto with the network cost and confirmation speed that you choose. With Compound, Yearn Earn V2, Aave, Cosmos Staking, and Crypto.org Chain Staking, you may earn interest on more than 35 tokens with DeFi Wallet.
It allows you to enjoy high returns without having to commit to a long-term investment. You may also farm DeFi tokens and exchange them directly using the DeFi Wallet. Bonus Yield and Swap-fee sharing are available to Liquidity Providers for specified pools. DeFi Wallet can also help you increase your returns by a factor of 20.
Since security is vital, DeFi Wallet provides you private keys encrypted on your device locally with Secure Enclave, 2-Factor Authentication, and Biometrics
Coinbase is one of the most well-known crypto exchanges in the world. Users can buy crypto with a debit card, a bank account, a SEPA transfer, and a variety of other ways. It also has a developer API and an exchange. In some countries, it offers a one-of-a-kind function called instant buy, which allows customers to make purchases using their credit or debit cards right away.
Choosing the right wallet is vital for your cryptocurrencies since if you choose the wrong wallet, you will probably lose all the money. Therefore, it’s recommended that you should spend time learning about different wallets to have a better understanding of them, which ultimately helps you find the right wallet according to your needs.