Cryptocurrencies are all the rage in the world right now, and have been for a few years. Ever since Bitcoin’s meteoric price rise a couple of years ago, people have been investing even more in cryptocurrencies. Not everyone understands the technology, but most people understand the investment.
You can use crypto for everything these days. More and more businesses accept cryptocurrencies, from gaming on crypto casino platforms to paying for goods and services. However, in order to use your coins, you’ll need to store them in a wallet. A special wallet, not your leather one. In this guide, we’ll present the top crypto wallets you can use for peace of mind in terms of security.
Best Hot Wallets
Coinbase
The Coinbase Web3 wallet is provided by one of the world’s largest exchanges. It offers impeccable security for a hot wallet and integrates seamlessly into its native exchange. Moreover, the Coinbase wallet also works great with decentralized crypto exchanges, including Trader Joe, 1inch, Uniswap, and Sushiswap.
You can use it to buy goods and pay for services, or have fun at crypto casino sites. They offer an extensive range of slot and casino games. You can connect it to a reputable crypto casino such as Rocket Riches. Deposits at crypto casinos are instant and fully anonymous. Play the slots or any other casino game, and if you win something, you can withdraw your winnings immediately.
Metamask
Metamask is one of the world’s leading hot crypto wallets. It’s free to sign up for and works with ETH-based digital assets. There are hundreds of these coins to pick from, all running in the Ethereum blockchain. You can also link it up with hardware wallets such as Trezor, AirGap Vault, and Lattice for increased security.
It may not support Bitcoin, but for Ethereum enthusiasts, this is probably the best wallet to store your precious coins in. Of course, you can link it to any service, casino, or retail online shops, and make payments quickly and securely.
Exodus
Investors looking to store their coins in a secure web wallet should also take a look at Exodus. It’s one of the most diverse crypto wallets on the market, supporting over 100,000 cryptocurrencies. Compared to Metamask which only supports ETH-based cryptos, Exodus can store everything including Bitcoin, Dogecoin, Litecoin, Tether, and more.
What’s even more impressive apart from the extra security layers is the educational material for new users. If you’re new to the world of crypto, you might not understand how wallets work. Thanks to Exodus, you can quickly get up to speed. It can even recover stolen assets, which is something not all crypto wallets offer.
Binance
Binance is one of the world’s leading crypto exchanges. Despite its recent legal troubles, it continues strong. The crypto exchange also offers its native wallet, which comes in two versions. The lite version is for new crypto investors, offering trading and all kinds of crypto transactions. There’s also the Pro mode which comes for free and is aimed at stakers and power users.
As soon as you join Binance, you can create the wallet for free. The crypto exchange has recently released its Web3 wallet, but you’ll need to either create a new one or import your current wallet to it. Nevertheless, it’s a perfect option to use if you’re already on the platform. The mobile app works like a charm on Android and iOS, making crypto transactions on the go a breeze.
Gemini
Another crypto exchange wallet, Gemini supports a variety of cryptocurrencies and altcoins. Developed by Gemini, it uses advanced security systems, which make it almost immune to hacker attacks. There haven’t been any major security breaches associated with this wallet like the competition has experienced.
The Gemini crypto hot wallet works just like any other. You can store and trade your cryptocurrencies and altcoins, ranging from Bitcoin and Ethereum to Solana, Dogecoin, Shiba Inu, and many more.
Trust Wallet
Many investors and experts believe that the Trust crypto wallet is the best you can use on your mobile phone. It’s light and you can also use it as an extension in your browser. It supports a wide range of coins and has a simple interface. More importantly, the Trust wallet is futureproof, having added a Web3 browser recently.
Built-in support for dApps and NFTs makes it a favorite of such investors. And get this – it’s owned by Binance. In fact, Binance calls it its official mobile app, despite having its native wallet in the same form. Trust is non-custodial, which means it doesn’t store your private keys and phrases. Which is better, as you can store them offline. In that way, you’re 100% protected from hackers.
Best Cold Wallets
For the unaware, cold wallets store your coins offline instead of online. These are hardware wallets which you buy, connect to your PC, and store your coins, keyphrases, etc. By using cold wallets, crypto users and investors prevent theft and fraud. How wallet hacks are difficult to perform, but there’s still a risk that your coins might be stolen. That doesn’t happen with the best cold crypto wallets listed below.
Ledger Nano S Plus
Ledger is a range of cold crypto wallets developed by the same name company. Its Ledger Nano S Plus wallet is a bestseller for numerous reasons. It allows up to 100 app installs at the same time, and also allows users to buy and sell crypto.
The cutting-edge tech verified transactions with only 2 button presses. Moreover, the Ledger Nano S Plus is compatible with over 50 cold wallets. It only costs $79, making it the perfect app for many investors.
Keep Key
Keep Key is widely hailed as the top cold crypto wallet for beginners. It’s affordable at $78, and has everything you might look for in a cold wallet. It supports over 7,000 crypto assets, with all of them displayed with QR codes for simple transactions.
While it doesn’t allow many third-party installations, that’s probably for the best if you’re new to the crypto game. But, the digital display and affordable price make it a great pick up.
