The Top 3 Crypto Wallets You Should Use

Jump to page contents

The Top 3 Crypto Wallets You Should Use

Cryptocurrency wallets are designed to securely store your digital currency, but the sheer number of options could make choosing the right one for you difficult. If you are new to the industry, it is important that you first understand the difference between a wallet and an exchange. The next step is to choose your wallet, and below are three of the best ones available to you.

Ledger Nano X Wallet

Ledger is a brand which specialises in the production of cryptocurrency wallets. The Nano X is the latest in a series of successful products which also include the Nano S. These wallets are known as hardware wallets since you have a tangible item, similar to a USB drive.

One of the innovations of the Ledger Nano X is its Bluetooth connectivity, which allows you to easily connect it with your mobile device no matter where you are. You can opt to disable this feature if you feel that wireless is less safe.

The Ledger Nano X is an excellent device if you are planning to store a variety of digital assets. The hardware itself can store up to around 100 different cryptocurrencies at a time, but it accepts any from the 1,100+ Bitcoin and Altcoin available on Binance, Coinmama, and other exchanges.

Exodus

The Exodus wallet combines the convenience of a desktop wallet with an in-built exchange platform. You can, therefore, store your digital currency as well as trade it directly. Exodus is a versatile, user-friendly and customisable wallet which you will easily learn to use.

As a desktop wallet, Exodus is not designed to store massive amounts and varieties of cryptocurrencies. It is always recommended that you store such quantities in the safer, hardware wallets. Instead, this wallet is designed to keep small amounts of currency which you intend to use or trade in the near future.

Supporting over 80 different currencies, including Ether and Litecoin, Exodus is a great wallet for the novice crypto trader.

CoolWallet S

Designed to be both a hardware wallet and a mobile wallet, the CoolWallet S is a lower cost option compared to the Ledger Nano X. Apart from its price, the wallet stands out from most other hardware wallets through its capability to swap, store, send and receive digital currencies without needing to be connected via USB to a computer. Using NFC or Bluetooth, you will be able to connect your CoolWallet S directly to your mobile phone.

One of the wallet’s core features is its security system. It uses a highly-secure element to store private keys, making it virtually impossible for non-authorised users to steal coins. The wallet also utilises facial recognition, as well as passcodes and touch ID to carry out its 2+1 factor authentication.

Whilst the number of supported currencies isn’t high, with around 22 currently available, the CoolWallet S wallet is very easy to use and offers great value.

Ready to join our tribe?

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

Recently Similar Guides

Latest Guides

How do I start a cryptocurrency business?

Cryptocurrencies such as Bitcoin have become big business in recent years leading many entrepreneurs to want a slice of that pie. After some initial skepticism, cryptocurrency has become more mainstream. The users have identified added benefits in terms of transparency, security, and ease of use compared to traditional transaction methods. 2021 will see some of […]

24 February, 2021
Altcoins,Analysis,Bitcoin

What Affects Bitcoin Price and Which Are the Factors That Make It Go Up? – Bitcoin Price Drivers

Over the past few weeks, Bitcoin has been hitting new milestones. Since the onset of the coronavirus pandemic, BTC has gained about 1250%. To put the price of Bitcoin into perspective, let’s take a quick look into its historic fluctuations. It started trading in August 2011 at $10.90 and crossed the $1000 mark for the […]

22 February, 2021
Analysis,Bitcoin,Trading

How to Measure Your Crypto Trading Performance: A Quick Guide

In today’s world, Equity and Forex are not the only extensively traded markets. The rise in the popularity of Bitcoin and Blockchain has led the mainstream to explore the crypto trading space. And this market has indeed come out as a winner – speaking based on the growth in crypto trading volume. What is Crypto […]

19 February, 2021
Bitcoin,Bitcoin Cash,PayPal

Where And How To Pay With Bitcoin In 2021

Bitcoin was primarily created to serve as a payment currency. This may be hard to believe considering the rampant speculative trading surrounding the world’s first cryptocurrency. Yet, Nakamoto’s coin had, and still has, the potential to revolutionise commerce. Whilst much of the world’s attention is on the current price of each coin, more and more […]

16 February, 2021
Altcoins,Cryptocurrency,Ethereum

What Are Altcoins And Where Are They Used?

Altcoins are all cryptocurrencies which were created after Bitcoin. They often present themselves as offering benefits which are superior or different to the world’s first crypto coin and have been increasing their market share over the past few years. The year 2009 was to mark the beginning of a currency revolution which few in the […]

8 February, 2021
Altcoins,Bitcoin,speculation

Altcoins vs Bitcoin – Which cryptocurrency will survive the market crash?

One of the greatest advancements in the financial sector during the past decade is the emergence and rise of cryptocurrencies. The age of cryptocurrencies was kicked off by Bitcoin, which is why the term Bitcoin became synonymous with cryptocurrency. Soon afterwards, what followed was the development of thousands of altcoins.   However, traders and investors tend to be quite anxious about a potential market crash in the cryptocurrency ecosystem that might wipe […]

2 February, 2021
cfd trading,etfs,Trading

ETF vs. CFD for cryptocurrency: Which one should you choose?

You can begin your crypto trading journey in numerous ways. The most common choices are either peer-to-peer trading or through an exchange. Today we’ll be tackling ETFs vs CFDs. With the expansion of Bitcoin and other cryptocurrencies, two other ways of trading options have gained massive popularity. This, in turn, has started to attract the […]

29 January, 2021
Ethereum,ICO,IEO

Answering The Question: What Is An ICO?

An ICO is a twist on an age-old way to raise money from markets. This twist is due to the fact that all businesses engaged in this funding request are based on Blockchain concepts. Keep reading to understand what is an ICO and how you can be part of its process. The ICO meaning is […]

29 January, 2021