Where can you store your crypto? 10 prominent multi-crypto wallets

Highlights

• Possessing a good crypto wallet can save many heartaches as the cryptocurrency world is susceptible to cybercrime, including hacks and scams. A reliable crypto wallet can reduce your vulnerability to such scams and hacks.
• One such wallet is Exodus, a free desktop wallet with a user-friendly interface. It is an easy-to-use interface making it ideal for beginner crypto traders.
• For StormGain, another popular crypto wallet, one of the most attractive features for its users is its anonymity, which is paramount given the constant threat of total control over cryptocurrencies from ongoing regulation attempts across the globe.

Cryptocurrency has become an unlikely phenomenon during the lockdowns that plagued much of the world amid the COVID-19 pandemic and now with the Delta variant enforcing further lockdowns. 

The restrictions have left many workers with drastically reduced working hours and have even left many unemployed indefinitely.

This is where cryptocurrency has been a potential saving grace by offering a replacement income stream.

However, to take advantage of the potential income digital currency can offer, one must possess a cryptocurrency wallet because there can be no transactions without a wallet.

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Furthermore, having a good crypto wallet can many heartaches as the cryptocurrency world is susceptible to cybercrime, including hacks and scams. This is where a reliable crypto wallet can keep your assets secure.

As with cryptocurrency, there are a lot of choices when it comes to crypto wallets. So here are the top ten crypto wallets available on the market.

RELATED READ: 5 Best Crypto Card Wallets of 2021

1.    Exodus

Exodus is a free desktop wallet with a user-friendly interface. Its easy-to-use interface makes it ideal for beginner crypto traders.

The wallet supports all the major digital currencies like Bitcoin and Ethereum, as well as over one hundred other cryptocurrencies.

Furthermore, the in-wallet exchange feature makes the task of converting one asset type to another simple.

2.    Coinbase

Probably the best-known crypto wallet, Coinbase is also the most famous crypto exchange on the market, having been introduced to the NASDAQ earlier in 2021, making it the first of its kind to do so.

Although Coinbase deals with an array of different cryptocurrencies, the mobile version only supports Bitcoin. However, it offers superior security and safety as well as a user-friendly design.

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3.    Ledger Nano S

Legend Nano S is a hardware wallet best used for Ethereum transactions. as well as its ability to store Bitcoin, Ethereum and many other digital currencies.

There’s a more expensive version called Ledger Nano X, and if you plan on investing in Bitcoin and other altcoins, it’s one of the best wallet options available.

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4.    Binance Wallet

Like Coinbase, Binance is a well-known crypto exchange brand name within the cryptocurrency market.

Binance is regarded as one of the safest crypto wallets on the market, making it a favourable option. Furthermore, it’s one of the most fertile versatile wallets on the market, supporting hundreds of assets.

5.    Atomic Wallet

Atomic Wallet allows its users to hold, exchange, and stake cryptocurrency assets all in one place, much like the Exodus wallet and operates on both desktop and mobile platforms.

Atomic Wallet is very user friendly and offers 24-hour customer support. Furthermore, new users receive 15 of Atomic’s native token - the AWC. This gets users discounts and extra features while trading as well as other bonuses.

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6.    StormGain Zero Commission Platform

StormGain is a multi-currency crypto wallet that also sends and receives digital currencies. It also allows users to purchase cryptocurrencies using a bank card.

One of the most attractive features for StormGain’s users is its anonymity, which is paramount given the constant threat of total control over cryptocurrencies from ongoing regulation attempts across the globe.

7.    Gemini

Gemini was built with security primarily in mind. As such, the Gemini wallet allows you to securely by cell and trade an array of cryptocurrencies, including Bitcoin, Ethereum and Litecoin.

The New York trust company adheres to capital reserve and cybersecurity requirements set forth by the New York Department of Financial Services.

A unique feature of the Gemini wallet is that it comes as a wearable watch that provides you with updates, price changes and other notifications.

8.    Trezor

Treasure is an easier to use hardware wallet which you can easily plug into your smartphone or computer.

As well as its easy to use touchscreen, it also offers a secure platform by providing a randomly generated code.  Moreover, it supports over 1000 digital currencies.

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9.    Paxful

This wallet exists on the Paxful crypto exchange network, a popular peer-to-peer marketplace where users can buy and sell bitcoin using over 300 payment methods.

Much like Exodus, Paxful is extremely user-friendly and is ideal for beginners. However, more experienced users can also find it very useful as users can trade hundreds of digital currencies.

To add to Paxful’s convenience, users can withdraw directly from their chosen bank account.

10. Coinomi

As one of the oldest multi-platform cryptocurrency wallets available, Coinomi has over 2.5 million users.

It offers the highest of standards when it comes to security with the support of 125 different blockchains as well as 1,770 digital currencies.

Furthermore, it takes its users privacy very seriously as none of its uses data is ever collected.

Uses of Coinomi can switch between native segwit or legacy address formats with the simple touch of a button. It was one of the first wallets ever to offer natives segwits for bitcoin and other blockchains.         

These are just a fraction of many crypto wallets available out there. While security and safety should be the top priorities when choosing a crypto wallet, remember that you want a Wallet that caters to your trading needs. Hopefully, this list has made that choice a bit easier.

Happy hunting!