Intro
Cryptocurrencies have already become so widespread that it is difficult to find someone who has not heard of them. Sooner or later, the moment comes when a person intends to buy cryptocurrency. At this point, the question arises “Where to store them?”.
Cryptocurrency is stored in special wallets. It can be either a single currency wallet or a multi-currency wallet. There are a huge number of crypto wallets and it can be very difficult to make a choice. Depending on what exactly you want to do with cryptocurrencies, you should choose a wallet. If you are going to trade on exchanges, then a web wallet or the wallet of the exchange itself is suitable for you. Mobile and desktop wallets are suitable for storing and quickly accessing a small number of cryptocurrencies, these wallets are perfect choice for Mobile Bitcoin Casinos. And if you want to store a lot of crypto, then it is best to choose a hardware wallet.
Our article will help you solve this problem, where we have selected the best cryptocurrency wallet of each type.
Best Desktop Wallet
Exodus
Platforms: Windows, macOS, Linux.
Exodus is a hot wallet that allows you to keep, send, receive, and exchange crypto. This wallet has a nice design and it’s beginner-friendly. Even a person who deals with cryptocurrencies for the first time will understand what to do. Initially, Exodus was only a desktop wallet, but now it also has apps for Android and iOS.
Exodus supports over 150 cryptocurrency assets. For the average user, this number is more than enough. The main disadvantage of the wallet is that its source code is closed. In the crypto community, this approach is considered unacceptable by many. But if you are not going to store large amounts of crypto, then there is nothing to worry about.
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Best Mobile Wallet
TrustWallet
Platforms: Android, iOS
Rating in Play Store: 4.8
Rating in App Store: 4.7
Trust Wallet is almost a perfect mobile wallet, as evidenced by the ratings on the Play Store and App Store. The wallet has a nice design and user-friendly interface. It is perfect for both novice and experienced users. In addition to the standard functions of storing, receiving, and sending cryptocurrency, this application has additional features. Users can swap and exchange tokens. Several tokens, namely BNB, KAVA, ATOM, ALGO, XTZ, TRX, and LUNA, can be staked. For staking users will get daily interest.
In addition to cryptocurrency, NTF can also be stored in the application. Despite all the advantages and richness of functionality, we do not recommend storing large amounts of cryptocurrency, as this is a hot wallet.
TrustWallet is a decentralized app and has an open-source code, so your data will be safe and sound.
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Best Web Wallet
Metamask
Platforms: Google Chrome, Mozilla, Brave, Microsoft Edge
Metamask is a unique crypto wallet that exists as a browser extension. Doesn’t sound very reliable, does it? But don’t jump to conclusions, this wallet is as safe as other hot wallets. Metamask is open source and decentralized, so doesn’t store any of your data.
Metamask appeared in 2016 and initially only Ethereum and other ERC-20 tokens could be stored here. Several other networks are now supported, including Binance Smart Chain. Metamask has a nice minimalist design and is easy to navigate. In addition to storing and transferring cryptocurrencies, a swap function is available in the wallet. To carry out operations with tokens, you need to have Ether on your balance, since all commissions are paid in this cryptocurrency.
The main advantage of Metamask is that it opens up access to decentralized exchanges such as Uniswap and PancakeSwap.
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Best Exchange wallet
Binance
Binance is the most popular cryptocurrency exchange in the world. Some crypto users choose this particular exchange as their crypto wallet. To list all the features of Binance, you will need a separate article. Among the main advantages are low commissions when exchanging cryptocurrencies, the possibility of staking a huge number of tokens, various promotions and bonuses, and a referral program. However, in order to fully unleash the potential and capabilities of the exchange, you need to go through identity verification.
We categorically do not recommend storing large volumes of cryptocurrency on any of the exchanges. Since there is a chance that the exchange or your account will be hacked. And this chance is significantly higher than that of other hot wallets.
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Best Hardware Wallet
Ledger Nano X
Ledger Nano X is a cold hardware wallet. It looks like a USB flash drive and this is the safest way to store your crypto. You can manage your assets on this wallet by connecting it to a computer or phone via Bluetooth. But since this is a gadget, you have to pay for it. Ledger Nano X’s price is $119.
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