Best Cryptocurrency Wallets – If you are already investing in cryptocurrency or about to invest in one there’s something you should know. To successfully invest and trade cryptocurrencies, you need the best cryptocurrency wallets. Cryptocurrency wallets act as a medium where you can store your money and also as a medium where you can send and receive cryptocurrencies.
What is a Cryptocurrency Wallet?
A cryptocurrency wallet is a place where you can store your coin after you have made the purchase. Crypto wallets come in different forms, including web, mobile, desktop, paper and hardware wallets. All these wallets regardless of what your choice may be all serve the same function. But note that depending on what you want to use your cryptocurrency for, be it for sale or for a long-term hold, some wallets work better than others.
Here are the 5 best cryptocurrency wallets hand picked for you.
Coinbase
Coinbase is a crypto wallet which can be used in purchasing, selling, transferring and in storing digital currency. Coinbase securely stores a vast array of digital assets in offline storage which makes it inaccessible to internet hackers. The Coinbase platform supports over 100 countries.
Features
Coinbase is unique for the following reasons:
- Securely stores your coins in a vault for safety.
- Schedule your currency trading when it is convenient for you, either on a daily, weekly or monthly basis.
- Just for signing up, you can get $5 in free Bitcoin.
- Coinbase stands as one of the largest cryptocurrency exchanges.
- You can buy and sell any digital currency, and easily monitor them all from one spot.
- Coinbase offers an app both for iOS and Android devices.
Binance Chain (BNB)
If you are looking for one of the best platforms to create a bitcoin wallet, try Binance. Binance Chain offers you a platform where you can trade over 150 cryptocurrencies. It also offers an API that helps you in integrating your current trading application.
Features
Here’s why we love Binance Chain:
- Binance Chain offers a vast array of tools for online trading.
- This platform stands as one of the safest bitcoin wallets that offer 24/7 support.
- Binance Chain is compatible with Web, iOS, Android, and PC clients.
- This platform runs a 1.2 bn average daily trading volume with over 1,400,000 transactions per second.
- Offers basic and advanced exchange interfaces for trading.
Trezor
With Trezor hardware wallet, you can store your bitcoins and easily plug into your computer or smartphone. Trezor helps you to randomly generate pin code which keeps the device safe as well as secure.
Features
Trezor offers the following unique services:
- Ultra-secure offline storage
- Trezor supports over 1,000 currencies.
- Has an easy-to-use touchscreen
- It is extremely simple to use.
- Trezor supports the following platforms – Windows, Mac, OS X, or Linux.
- It enables you expose your private key.
Gemini
Gemini stands as a fully regulated exchange that helps you to legitimize cryptocurrencies globally. Gemini’s exchange trades in the following cryptos – Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and many others.
Features
Gemini is unique for the following reasons:
- Offers good security measures for your funds.
- Its regulation equates to trust for most investors.
- Offers up to 0% discounts for volume traders.
- Offers a simple, elegant, and secure medium of building bitcoin and crypto portfolio.
Ledger Nano
The Ledger Nano platform offers the hardware which supports quite a number of cryptocurrencies. These hardware wallets are designed with an LED display for payment validation as well as a PIN to confirm the handheld device is convenient and secure.
Features
What makes the Ledger Nano shine comprises of the following:
- Allows users to install up to 100 applications on their Ledger.
- Users can easily access it through USB compatible device.
- Supports the following platforms – Windows (7+), Mac (10.8+), and Linux.
- Its features include 2-factor authentication.
- Users can secure and control all their crypto.
There are other unique cryptocurrency wallets out there that are very reliable. But for whatever you need a cryptocurrency wallet for, we believe any of the above-mentioned should adequately cover your needs. These wallets have been tested and trusted by millions of users all over the globe and come highly recommended.
