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Crypto Wallet: 7 Digital Wallets Safe Enough for Storing Cryptocurrency

10/11/2018
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Cryptocurrency is trending all over the globe, and the market capitalization is progressively growing strong. Consequently, the industry may experience upcoming risks from online hackers who also have interests in getting a share of the resources. It is for this reason and many others that you must have the best cryptocurrency wallet for protection purposes.

Here we give you more insight into the seven best crypto wallets available today to help you make an informed decision on which one you would like to use.

Crypto wallets

  1. Ledger Nano S

It is popular due to its fairly low price and protection procedures. You don’t have to use a computer as it comes with an LCD display which increases efficiency. You can easily transfer money to other accounts while exchanging it in a very short time, which makes it the best crypto wallet across the globe.

Wallets for Cryptocurrency: Outstanding Features

Since it facilitates many other digital currencies, it has gradually gained popularity. It also allows multiple storages of currency within the same time and space. Thereby making it the most secure Bitcoin wallet.

You can view your transaction on the LCD screen; therefore, you can verify and confirm that the transaction has indeed taken place. Also, there are comfortable buttons which are easy to use even though they are small. Being the safest crypto wallet, it gives you several security options including a PIN code to lock your wallet with.

With a fully packed ledger, it has a USB wire, manual, recovery sheet, and other accessories. Due to these features, Ledger Nano S is truly the best cryptocurrency hardware wallet!

Safe Bitcoin Wallet

  1. Coin Payment

Coin payment is a web-based currency cryptowallet that allows over 900 cryptocurrencies to be stored in the wallet. It doesn’t charge any registration fees and only charges a transaction fee when you transfer your digital currency through the wallet. With coin payment, you can use your currency for trading and also online purchases.

It has useful features such as security where it has integrated Bitgo to enhance security. It also makes the transaction quite fast, especially when using bitcoins. It’s one of the best wallets for the cryptocurrency.

The mobile app makes the wallet semi-mobile, which can function on all important operating systems. Furthermore, the vault feature enhances security and protects your money from hackers. Having a vault makes it more difficult to use as you require a certain amount of money in the wallet before you can withdraw funds.

Using this wallet, you can store several currencies as you want, and there is no need to have multiple accounts. Since online shopping with crypto is the new trend, you can use your coins to do some shopping with coin payment.

Wallet Cryptocurrency

  1. Edge Wallet

Edge wallet was re-launched in 2018. It operates using a unique technology called space-shift. Apart from being user-friendly, it allows storing your currency while sending and receiving it from other sources. You can create an account within a minute, and in case of any loss, it's easy to restore the wallet access. You will need a username, password, and pin to create an account. It doesn’t require a long verification process.

Also, the Edge wallet can support even upcoming currencies. It has simple plugins that enable to support multiple currencies. It is essential to note that security is one of the biggest concerns for users using this wallet. Hence, Edge offers a two-authentication factor and recovery code in case of any loss.

  1. Exodus

Exodus is one of the best offline wallets. It is the best cold storage wallet with striking visual features and a reporting system. Most people prefer cold wallets because of their vibrancy and simplicity.

You don’t need any identification or verification when using your Exodus account. With one click, you can exchange your electronic currency in a quick transaction. Also, it supports several electronic currencies and other resources without additional registration charges.

This is an offline crypto wallet, which implies that your computer contains all the critical information. It is better to use this cryptocurrency cold storage in case the size of your crypto-belongings is large. Moreover, the basic services in Exodus are free, and you only pay for top quality services. If you are a beginner, this wallet is for you since it is quite easy to use.

Safest Wallet

  1. Ledger Blue

Ledger Blue is one that is among the top crypto wallets. It has a trendy look, innovative features with high-end specifications, but it is one of the most expensive crypto wallets on the market. It's not only a secure wallet for your digital currency but also a personal security device. It has a touchscreen, Bluetooth, and USB connection. To back up your data, you need to press a back up button.

It has a double processor structure technology and firmware to improve the security of your electronic currency. It is also malware-proof and guards your information against malware and online hackers. Also, there is a PIN program code feature that lets you see your pockets and set restricted views from other people. It will support more currencies, and you can store numerous foreign exchange assets at the same time.

Safest Crypto Wallet

  1. Jaxx

Jaxx is a mobile-based wallet which operates on Windows and other operating systems. It is not only used for digital currencies but also for digital assets. When using Jaxx, any key you create is saved not on the server but on the device that you are using. Even the wallet itself will not be able to view your account and what you are holding. Apart from requiring a few steps to set up the account, it doesn’t require identification and verification but uses the NADA privacy model.

Jaxx is easy to use and has an exclusive design with many features which are easy to operate. It has a stylish design and will meet all your needs. Also, it works well on various operation systems such as Android, Windows, Linux, and other operating systems.

Is Jaxx wallet safe? If you are looking for a way to carry your cryptocurrency safely and conveniently, then consider using Jaxx. It’s one of the safest cryptocurrency wallet and one among the top cryptocurrency wallets you can use. Furthermore, Jaxx is a multi-currency wallet that is common among Bitcoin users. It has a shapeshift function to help when using multiple currencies. Also, Jaxx has an HD that makes it easy to restore any lost data.

  1. Mycelium

Mycelium is one of the best cryptocurrency wallets for beginners. It provides a secure platform and is backed by a very tight community of developers who keep upgrading it. It is user-friendly and comes with intuitive UI and simple buttons, which makes it easy to use for everyone. It doesn’t require passwords, emails, or verification when you commence using it.

Being the best wallet for cryptocurrency, it comes with a user-friendly UI.

The wallet provides protection password verification, which assures that all your records are secure. A bitcoin wallet comparison, Mycelium is one of the safest to use. If you ever lose any information, it is possible to restore it quickly and safely. Another interesting feature is its GPS function enabling you to discover other investors close by. You can also learn which stores accept cryptocurrency from Mycelium tips.

So, here is a review of the best available crypto-wallets. Study the pros, consider the cons, and make the final choice about which one to use as your crypto-storage. It is evident that there is a perfect wallet even for the most picky person. Considering the fact that the market has a wide range of propositions, it is possible to find the most convenient and useful gadget for everyone.

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