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Top 6 Best & Secure Crypto Wallets (for Mobile and Desktop)

Crypto wallets are an essential and secure tool for buying, selling and trading of your cryptocurrencies. As most of the cryptocurrency brokers and exchanges have no backups and there is chances for hacking their accounts so all the traders who trades in crypto currencies secure and validate their assets in crypto wallets. Crypto wallets may be in the form on hardware and software, they are also known as the hot and cold storage.

If you are new in the world of crypto currency then read this blog we will discuss about some secure and best wallets which will help you to choose one of them.

There are following top wallets with their specification:

1.   Coinbase Wallet:

If you are beginner then coinbase wallet is best for you as it’s an intuitive and highly secure and backed by a well known exchanges.

It is best for someone who doesn’t have any little knowledge about the crypto. This app can connects to the major bank accounts and its user interface is very easy to navigate. It can store popular coins such as Bitcoin, Litecoin and Dogecoin.

There are some advantages and disadvantages of Coinbase wallet.

Advantages:

  1. It provides you a user friendly interface which is easy to use.
  2. It can easily support more than 44000 digital assets.
  3. Its Multi-signature and two-factor authentication support make it more secure.
  4. It is backed up by a reputable trading platform that is able to recoup lost or stolen assets.

Disadvantages:

  1. It has similar security issues and weak point as other hot storage alternatives have.
  2. It is only available for mobile and tablet devices except for the chrome extension.

2.  MetaMask:

MetaMask is known as the best wallet for the Ethereum. It has user-friendly interface which provides quick and easy access to thousands of tokens and decentralized apps within the Ethereum network. It is the most widely used crypto wallet for Ethereum which has over 30 million monthly active users.

The reason behind it may be the easy useable interface and its accessibility. It has attractive and straightforward design which is very helpful for the beginners. It is also notable for its compatibility with other Blockchain solutions. It’s also has some advantages and disadvantages.

Advantages:

  1. It provides an intuitive interface design on browser extension and apps.
  2.  It can also link to NFT marketplaces.
  3. It supports thousand of dApps.

Disadvantages:

  1. It can cost you high fee to buy Ether.
  2. This wallet cannot directly store the Bitcoin.

3. Trust Wallet:

Trust Wallet is a best crypto wallet for mobile because it provides clean features, scan able user interface, built-in support for dApps and NFTs and the largest number of supported assets on our list.

Trust wallet is an official mobile app of the Binance, one of the leading crypto currency exchanges in the world. Due to its connection with the Binance this app is non-custodial which means this app cannot capture your private keys and user is responsible to take care of its passwords or keys.

It has following Advantages and Disadvantages:

Advantages:

  1. This app supports a vast range of coins and tokens.
  2. Earns interest on one of 12 different cryptos.
  3. It has simple and easy to use interface.
  4. This app is built in web3 browser.

Disadvantages:

  1. This app is owned by binance and binance has faced regulatory issues in U.S.
  2. In this app educational resources on coins and tokens are limited.

4. Exodus:

This wallet is best for desktop and provides the best speed of its transactions, ease of use and the varied functionality of its client.

It is known as one of the most visually appealing and intuitive wallet present in the market. First it was just only a desktop wallet but now it’s available in both iOS and Android and compatible with the most popular hardware wallet brand Trezor wallet.

It has following advantages and disadvantages.

Advantages:

  1. It supports more than 225 crypto assets.
  2. It is easily compatible with Trezor one and Trezor T hardware wallets.
  3. This app allows the users to buy Bitcoin with Apple Pay.
  4. It provides 24/7 customer supports.

Disadvantages:

  1. It required high transaction fees on the in-wallet crypto exchange.
  2. It doesn’t support the two-factor verification or authentication which may bother to some of its users.
  3. It does not support multi-signature support.

5. Electrum:

It is also another Bitcoin wallet due to its extensive security features and its high degree of customizability. This app was founded in 2011 and known as the one of the oldest and well known wallets of today. It’s also one of the few remaining crypto wallets that only deal in Bitcoin. It has a variety of robust security features, including 2FA, transaction proof checking and multi-signature wallet support.

This wallet has following advantages and disadvantages.

Advantages:

  1. This app is fast and easy to set up.
  2. It provides greater security than other hot wallets available in market.
  3. It provides customizable transaction fees.
  4. This wallet doesn’t suffer downtime and it is due to the server configuration.

Disadvantages:

  1. If you are a beginner then the setup and the user interface is too complicated for you its not an ideal app for the beginners.
  2. It does not provide any customer support via chat, email or phone.

6. Ledger Nano S Plus:

It is known as the best hardware crypto wallet because of its large number of supported assets and tight security framework which increase the trading capabilities through the integrated Ledger Live app. This is one of the best well known brand in the crypto industy. Its products stands out for using a secure Element component which is a type of chip which is often seen on the passports, credit cards and some payment systems which provide some extra layer of  security to this wallet.

It has following advantages and disadvantages:

Advantages:

  1. It can easily install on up to 100 apps at the same time.
  2. It buy and sell crypto through the directly from Ledger Live app.
  3. It can verify all transaction with 2-button presses.
  4. It is compatible with 50 other hardware wallets.

Disadvantages:

  1. It is more expensive than its original entry level wallets.
  2. Its customer operating system is not open source.
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