The rise in popularity and price of bitcoin and other cryptocurrencies has meant that there are more and more people getting into this space than ever before. This has led to a lot of interest in cryptocurrency wallets, which is only bound to increase as the price of these digital currencies increases. Thus, here are some of the best cryptocurrency wallets to consider for users, whether they are gamblers or just regular investors into the crypto markets. There are different types of wallets as well, but here we will be focusing on online wallets, therefore those which can be accessed over the internet and on phones, tablets or computers.
Jaxx allows users to manage their portfolios through desktops or mobile phones, making it one of the most convenient options out there. It is compatible with most cryptocurrencies, and even though it was not originally designed as a wallet for digital currencies, it has some of the best protection systems on the market. One of the best things about Jaxx is that the encryption keys are not stored on the Jaxx servers, only on the device which is being used to access the platform. This makes it much safer and less vulnerable to hacking, since user data is not present on its servers. The UI is also easy to use and intuitive, while it also does not ask for personal information for verification purposes either.
Exodus is one of those wallets which is perfectly adequate as a free version, even though there is a paid premium option as well. It is an online web-based wallet, which is quite easy to use, even for beginners. It works with almost all popular cryptocurrencies, while there are no authentication or verification methods to worry about when logging in either. It is as simple as pressing a button to make a transaction, making this one of the best wallets for beginners.
Ledger is perhaps one of the most innovative crypto wallets in existence today. The Ledger Nano S is a special USB wallet, almost akin to an actual physical wallet. You do not need a computer for the wallet to work, however, since the Nano S has its own screen, allowing you to be able to conduct transactions on the move. You can also make remote backups and block your account if the USB itself is stolen or lost. The touchscreen interface is quite easy to use, and allows users to operate multiple accounts, transactions, and profiles if needed. It can be used with various cryptocurrencies, and all of this makes it one of the best physical wallets out there.
Users can store more than 900 cryptocurrencies on this wallet, which makes it perhaps the most wide-ranging wallet for crypto users. It is also one of the most accepted wallets for payments by online merchants, thus making it extremely convenient to make transactions online. At the same time, it is also extremely safe. Users cannot withdraw money if their balance is below a specific amount. It is also available on mobile, on both Android and iOS systems, while its BitGo tool is specifically designed for bitcoin payments and transactions.
Another hardware wallet, Trezor supports 14 cryptocurrencies, and is one of the most secure wallets on the market. It has multiple levels of security and authentication to protect user accounts, including a PIN, recovery methods to get back coins in case of theft or loss of the device, restricted connections over open Wi-Fi networks, no batteries and special storage options for bitcoin. This wallet is for those who are concerned about the security of their crypto investments.