Nowadays, a lot of crypto enthusiasts are wondering why we need the best crypto wallets. It’s quite simple: without a crypto wallet, you won’t be able to manage your assets. To some extent, a cryptocurrency wallet is similar to a banking app.
But, unlike euros or other fiat currencies, payments with digital coins are made only in the network. Therefore, the choice of a crypto wallet should be approached with the utmost seriousness. Still, what are the best crypto wallets? Today, we’ll try to find out!
Best Online Crypto Wallets: Key Leaders
First of all, let’s consider the best online crypto wallets for storing digital assets. They are easy and convenient to use and are constantly synchronized with the blockchain network, even when your PC is turned off.
Cryptopay is an online wallet for BTC, ETH, LTC, XRP. The wallet supports both digital and traditional money, you can instantly exchange currency between any of your crypto or fiat accounts. Cryptopay enables customers to transfer money directly between their Cryptopay wallet and SEPA bank account. It also safely stores customers’ funds in a multi-coin portfolio protected by two-factor authentication for increased security.
Coinbase isn’t only one of the best online crypto wallets, but also a trading service that many retailers use to receive digital currencies from retail sales. Coinbase successfully operates in 24 countries, including the United States. To use the service, you need to go through identity verification and confirm your bank account. Private keys are stored on the server, while client funds are stored in a cold wallet. It’s also possible to activate two-factor authentication and install a mobile app on a smartphone.
Best Desktop Wallets Crypto: Best Ones for PC & Laptop
What are the best desktop wallets crypto? Well, first things first! A desktop wallet is installed on the hard drive and loaded with the operating system. However, one should bear in mind that thick desktop wallets can take up hundreds of gigabytes of hard drive space.
Where to download a desktop wallet? You need to download the desktop wallet only from the official website of the cryptocurrency you are interested in. Otherwise, you may download the phishing version and, as a result, end up losing money. Thin desktop wallets are available for download on developer sites.
Exodus is widely regarded as one of the best desktop wallets crypto. It supports over 100 altcoins, has a built-in exchange service and a user-friendly interface. Users themselves directly store the private keys, and in the event of an operating system failure, the program can be easily restored.
Best Crypto Hardware Wallets: The Safest Wallets
Hardware wallets are the safest option for storing digital assets. They first appeared 5 years ago but became really popular during the period of rising BTC prices. Such a crypto wallet stores your private keys offline, and after connecting to a PC, it activates a wide range of functions for making transactions. All operations are performed directly on a flash drive itself, which excludes unauthorized access to the data. What are the best crypto hardware wallets?
Trezor was developed by the creator of the first cryptocurrency pool, Marek Palatinus, who had himself suffered from a hacker attack before. The wallet supports most of the top coins and can be synchronized with the MyEtherWallet online wallet, Chrome, and Firefox browsers.
Ledger Nano S
Ledger Nano S is small, safe, and easy to use. It looks like a metal USB flash drive and has several levels of data protection. Asset management is done through the Ledger Manager utility.
What are the best crypto hardware wallets? Feel free to share your favorite ones in the comments!