The world of cryptocurrency has been a fast expanding one for the better part of the past decade and with the increase in the number of people investing in it, the number of Cryptojacking incidents have also gone up significantly.
Keeping your cryptocurrency safe these days is a tedious task. To help you with this, there are certain apps and devices that can keep your currency safe and prevent hackers to steal your digital money. Here’s a list of top 7 cryptocurrency wallets.
A relatively new wallet with a growing user base, Atomic wallet supports more than 300 top coins and tokens. It has a user-friendly interface. It has a range of features such as decentralised storage for keys, a built-in option to buy currency, Atomic swap, instant exchange, and an interface for tokens.
Launched in October 2018, it is available on almost every platform such as Windows, Linux, iOS, Android and Mac. A feature called Atomic Swap makes this wallet different from others as it enables a decentralised exchange technology based on hash timelock contracts. This feature is just for Bitcoin, Litecoin, QTUM and will support Ethereum soon.
You can find Atomic Wallet here.
Priced at US$79, Keepkey is a hardware crypto wallet with a polished design. Believed to be a port of Trezor’s code and firmware, the only difference between the two is of materials and their manufacturing process. This hardware wallet is packed with simple to use client UI.
You can find Keepkey cryptocurrency wallet here.
Nano Ledger S
Nano Ledger is a portable, easy to carry and pen drive shaped small hardware wallet, which is very popular due to its aggressive pricing at US$65. It is an extremely secure way of storing valuable cryptocurrency safely.
You can find Nano S Ledger here.
Trezor was the first company to introduce the concept of hardware crypto wallets. Providing the best security features against physical and digital theft, they have been a leader in hardware wallet industry. It is more than just a wallet and can function as a digital vault. Even if the PC is infected with some malware, the private keys will be safe with Trezor. Starting at €69, it supports almost all cryptocurrencies.
You can find Trezor cryptocurrency wallets here.
Coinbase is an online web-based wallet that is a beginner-friendly version of GDAX and provides 100% insurance of cryptocurrency in the wallet. As it is a hot wallet, transactions are instant and free to GDAX exchange. It also supports two-step authentication, Google Authenticator and a vault for security purpose.
Coinbase is simple to use but offers only two Bitcoin and Ethereum wallet. It provides its services in 30 countries across the globe and charges a transaction fee of 1.49% on the total amount traded.
You can find Coinbase here.
Launched on July 30, 2015, MyEtherWallet is a paper wallet for all those who don’t want to spend on a hardware wallet. It is intuitive and used with the Ethereum platform. Create a wallet online and keep a note of your private keys. It does not store any kind of personal or private information. It can also run offline and can be downloaded from Github.
Paper wallets are not for everyone as they require deep knowledge and are hectic to set up.
You can find MyEtherWallet here.
Electrum is a lightweight, fast wallet created for desktop and mobile users. Launched on November 5, 2011, it boasts of a long list of features like cold storage solutions, hardware wallet integration and achieves anonymity when used with Tor. It is not linked to a centralised server, so even if the server is down the wallet will keep working.
There’s a flat transaction fee of 0.2 mBTC for sending Bitcoin, which is reduced to 0.1 mBTC in some cases.
You can find Electrum Bitcoin wallet here.
That was our list of the top 7 secure cryptocurrency wallets. If you have any other recommendations, please let us know in the comments down below.
A BTech student whose interest lies in automobiles, tech, music, coding and badminton.