Top 9 Cryptocurrency Wallets
An Overview Of Cryptocurrency Wallet Technologies
It is a requirement for users to have a digital wallet to be able to own and exchange cryptocurrency. A digital wallet works pretty similar to your regular wallet or bank account used for your native fiat currency. The most significant difference is everything is digital.
Digital wallets enable you to send, receive or store a cryptocurrency. An official cryptocurrency wallet is always suggested for the use of a given coin, i.e., Bitcoin Core Wallet for Bitcoin.
There are also universal wallets that store a lot of different coins in one wallet. There are many options to choose from when selecting a universal digital wallet.
Top 9 Cryptocurrency Wallets
1.)Exodus.io
Exodus is a safe, easy to use multi-cryptocurrency wallet. It is known for its user-friendly interface. It is a partially open source and supports a wide range of coins. You can store all your coins in one place and quickly organize your assets with the help of their pie chart portfolio. It has an excellent exchange feature where you can exchange different currencies in your wallet. Your funds and savings remain secure with the help of their security center. It is considered one of the best wallets for beginners.
2.)Metamask
Metamask is an easy to use Ethereum Browser. It is an open source wallet. Metamask gives the user the option to install it as an add-on in Chrome, Firefox, Opera. It also allows users to run Ethereum dapps without installing the blockchain. It is one of the easiest and fastest wallets available for consumers. The private keys are password protected, stored in chrome and don’t require an extra login. It supports coins like ETH and ERC20.
3.)Infinito Wallet
Infinito Wallet is another user-friendly universal wallet. It can store various coins like Bitcoins, Litecoin, Ethereum, Dash, Neo, Dogecoin, to name a few. It is used to search, send, receive and store multiple coins in the market. It is fast working and supports Touch ID. Infinito Wallet has a lot of additional features and is one of the most secure wallets.
4.)Ledger Nano S Wallet
Ledger Nano S wallet is a digital wallet that is used to store coins like BTC, LTC, ETH, and many more. It is difficult to use and is not an open source wallet. However, an advantage is that it does not require any installation process because it is a hardware based wallet. It uses the Google Chrome application as for the user interface and also requires a USB port on the computer. It is compatible with Operating systems like Mac, Windows, and Linux. It also has the feature of being able to hook up with other wallets.
5.)Guarda Wallet
It is an easy to use cryptocurrency wallet that stores coins like ETH, BCH, BTC, etc. It provides additional services like purchasing coins with a banking card, built-in exchange service and is an open source digital wallet. The Guarda Wallet application installation requirements are an Android or iOS system. The application uses a personal pin and has features like wallet backup, security, and transaction history to keep user data secure.
6.)Coinomi
Coinomi is a multi-coin and multi-asset cryptocurrency wallet with over millions of users. It is known for its excellent security, enhanced privacy and anonymity. It is user-friendly, and the website states that no Coinomi wallet has ever experienced a hack. It has features of exchange and backup and supports a wide range of coins.
7.)Citowise
Citowise is a free and secure wallet that assures maximum security and preserves savings. It is known as one of the most reliable wallets currently available. The supported coins of this wallet are ETH and ERC20. It is one of the most used wallets in the market to date.
8.)imToken Wallet
imToken Wallet is an easy to use wallet with medium anonymity. The supported coins are ETH and ERC20. IOS and Android support it with centralized validation. It is used commonly in Asia. The support staff is friendly. The wallet also has an exchange feature. It is known for its security management, and it enables users to use multiple wallets.
9.)Enjin Wallet
Enjin Wallet is known as one of the most secure wallets in the world supporting a wide range of coins like Bitcoin, ETH, ERC20, ENJ, and Litecoin. Using this wallet with centralized validation and high anonymity is simple. Enjin Wallet has innovative security techniques and has top of the line security architecture. It features detailed and fast transactions with easy coin management.
Above are some of the most used and reviewed wallets available today. These wallets are well known for their security features and user-friendly interfaces. Look into all the features before deciding the best wallet for your coins.
There is a wide range of options to choose from to find the best wallet. Security and privacy should be of utmost importance. If you are a beginner with cryptocurrency consult someone with experience in cryptocurrency wallets.
We’ll be sharing more posts like these on cryptocurrency wallet technology as we launch https://www.formosa.financial an institutional grade custodial service for high net worth traders, businesses and their complex needs. Feel free to tweet
