- >Best Crypto Wallets
- >Best Crypto Wallet App
Few things are more nerve-wracking than the feeling you get when you’ve lost your wallet or had it stolen.
When it comes to crypto wallets, the situation can be even more frustrating as software wallets, known as hot storage wallets meaning they are always online and vulnerable to hackers, are more popular than ever before.
However, mobile crypto wallets offer a lot of conveniences when it comes to functionality as they are easily accessible from any device with internet access. As long as you have seed phrases well protected, you can access your crypto holdings from any device with ease.
In this article, we will highlight the convenience and functionality that come with crypto software wallets.
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Suggested Crypto Wallet App Comparison in March
Selecting the appropriate cryptocurrency wallet app is critical for security, usability, and accessibility. With so many crypto wallet apps offering various features, it’s critical to compare them. This comparison will assist you in selecting the best wallet app for your needs, regardless of whether you are new to cryptocurrency or an experienced investor.
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Crypto Wallet Features
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The Best Crypto Wallet Apps
- Integration with Ledger hardware wallets
- Ability to trade between cryptocurrencies within the wallet interface
- Support for 60 blockchains and 400,000 tokens
- Ability to create your own ERC-20 token
- Free to download for desktop & mobile
- Supports multiple hardware wallets
- Supports over 100 cryptocurrencies
- Great customer support
- Non-custodial wallet developed by Coinbase team
- Easy to swap assets between Coinbase wallet and Coinbase exchange
- Support for over 100 crypto assets including Bitcoin, Ethereum and USDC
- One of the most secure software-based wallets
- Ability to store NFT assets
Why You Need a Crypto Wallet App
If you want to interact with the cryptocurrency ecosystem you’re going to need a wallet of some kind.
Some crypto users do leave their crypto on exchanges, which means the the company running the exchange holds your private keys and if they go bankrupt your keys are likely gone. Most crypto users prefer to self custody their cryptocurrency with the use of a wallet.
Crypto wallets come in two major flavors: Hot wallets and cold wallets.
In this article we’re taking a closer look at the best hot wallets, which are software-based wallets that are very useful for sending and receiving crypto. You can check out our hardware wallet reviews if you want to learn more about the best cold wallets. Hot wallets are apps that can be installed on any device, whether it’s PC, Mac, iPhone, Android or anything that can run an internet browser. They are generally free so they are a good option for users that are just starting out with crypto or only want to hold a small amount of crypto. Some even use hybrid models where you can connect a hard wallet to gain even more security.
Once you have a wallet you’ll need an exchange account to actually buy some crypto to put on your wallet.
Here’s a look at the best crypto wallet apps:
Exodus Wallet
Exodus is one of the most versatile crypto software wallets available. It allows users to manage multiple assets in a single platform and even has ShapeShift built in so that users can trade coins within their Exodus wallet with ease. It’s available free for download on Windows, MacOS, and Linux operating systems as well as Android and iPhone mobile devices.
One of the most impressive features of the Exodus wallet is the ability to connect with Trezor devices to gain even more security and essentially store a portion of your crypto offline. Exodus also offers access to staking so you can essentially use your wallet as a savings account and earn interest on certain cryptocurrencies.
- Free to download for desktop & mobile
- Supports multiple hardware wallets
- Supports over 100 cryptocurrencies
- Great customer support
Guarda Wallet
Guarda is a slick all-in-one wallet that lets users secure, trade and even buy cryptocurrencies. The app can also be secured with a Ledger hardware device to get all the benefits of cold storage. With support for over 400,000 tokens it’s even possible to create your own ERC20 token inside the wallet.
Guarda is truely one of the most unique offerings in the space and it’s available for every device you could think of including iPhone, Android, Windows and MacOS.
- Integration with Ledger hardware wallets
- Ability to trade between cryptocurrencies within the wallet interface
- Support for 60 blockchains and 400,000 tokens
- Ability to create your own ERC-20 token
ZenGo Wallet
ZenGo offers keyless access to your crypto wallet as you don’t need a password, private keys, or even seed phases to access your wallet.
With ZenGo, you can access your funds with simple biometrics such as facial biometrics thus allowing you even more freedom and convenience. ZenGo also shines in terms of its user experience as it features one of the most straightforward crypto wallets out there.
Keplr Wallet
Keplr Wallet is essentially the Cosmos (or IBC) ecosystem’s version of MetaMask but that’s selling it a bit short.
Keplr lets users send, receive, swap, stake and even vote on governance decisions for pretty much every IBC-compatible asset including Cosmos Hub, Osmosis, Terra-Luna, Cronos, Juno, Secret and many, many more. You could also argue that Keplr’s interface is a bit better than MetaMask with a streamlined UI and much, much lower fees.
You can also connect a Ledger hardware wallet to get even more security for this non-custodial wallet.
- The first IBC-enabled wallet for the Cosmos ecosystem
- Send, receive, swap and stake assets like Cosmos, Cronos, Luna and Juno
- Compatible with Ledger hardware wallets for enhanced security
- Clean, easy-to-understand interface
Crypto.com DeFi Wallet
If you’re a user of the Crypto.com app or exchange than you might want to take a look at their DeFi wallet.
The wallet is actually non-custodial (which means Crypto.com does not hold your private keys) but you can transfer from Crypto.com to the DeFi wallet for free.
It’s a good, if simple, wallet that also gives users the ability to earn interest on their CRO tokens as well as Cosmos, Polkadot and a few other cryptos.
- A secure, non-custodial wallet in the Crypto.com ecosystem
- Stake coins like CRO and ATOM directly from the wallet
- Slick design and very strong U.I. for new crypto users
- Easily transfer funds from Crypto.com to Crypto.com Wallet
Bitcoin Core Wallet
While Bitcoin is the most widely known crypto asset and has been around for over a decade now, its Bitcoin Core Wallet is often criticized for its complexity. Its software runs the entire Bitcoin network software including an open-source crypto wallet that can be used to send, store and receive Bitcoin. Users who store their Bitcoin with this wallet get to participate in validating transactions on the Bitcoin network however this process does require some time as well as knowledge and technical skills. While you only get to store Bitcoin on this wallet, the upside is that this wallet is available on multiple operating systems including MacOS, Linux (tgz), Windows, and ARM Linux to mention a few.
Coinbase Wallet
Coinbase is a major crypto exchange that just went public with an IPO listing on Nasdaq. The company’s crypto wallet is one of the easiest to use and allows users to store their Bitcoin, Ethereum, and other altcoins supported by Coinbase. It’s a well-known secure platform that allows anyone from beginners to experienced traders to get involved in the crypto market without having any worries about their funds.
Litecoin Core Wallet
The Litecoin Core is one of the most popular mobile crypto wallets out there. It is a desktop software wallet that allows users to manage their LTC holdings with ease.
It is built on an open-source project and can be used on Mac, Linux, and Windows operating systems. As the name suggests, this wallet was created specifically for managing your Litecoin funds but can also be used as a hot wallet for Bitcoin.
Conclusion: Wallet Apps Are a the Perfect Introduction to Crypto
While this list contains some of the best crypto wallets that are ideal for cryptocurrency investors and traders, be sure to do your own research to find even more options.
After all, there is no one-size-fits-all solution when it comes to choosing a crypto wallet; the choice will ultimately come down to your individual needs and preferences.
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