The Best DeFi Wallets

DeFi or Decentralized Finance has made financial services more open and accessible for everyone with access to the Internet.

Participating in DeFi might be a little confusing for some, but it’s not that hard once you have some resources by your side.

The very first thing to get started is to setup a cryptocurrency wallet, which allows you to become your own bank without depending on a central intermediary.

With hundreds of cryptocurrency wallets out there in the marketplace, navigating the landscape and choosing the right one to get started a rather time-consuming process.

In this article, we will explore some of the best DeFi wallets to interact with dApps for DeFi and narrow down a list for consideration.

Last updated: December 2021

What are wallets?

The usual way that most people got started with cryptocurrencies is buying them from an exchange like Binance.

Once you’ve purchased your cryptocurrencies, there are two main ways to store your cryptocurrencies:

• In a non-custodial wallet
• In a custodial wallet like on an exchange

Cryptocurrencies are stored on the blockchain using cryptographic techniques. The way to access them is through a…