Wallets have been around us for decades now. Not only are they amazing to store the money but also instantly let us know if we’ve lost any money. Today’s increasingly advanced and digitized world has introduced us to crypto wallets, the one that is made to store the worthiest asset to date - cryptocurrency.
Investing in crypto is no longer a secret. Anyone who has the urge to make money swiftly has certainly come across cryptocurrency but today or tomorrow you will definitely need a crypto wallet to store these valuable digital currencies.
To store cryptocurrency, crypto wallets are a digital software program that mainly stores all your crypto keys and helps you play with your crypto on entering those keys. As simple as it sounds, the moment you enter these fixed crypto keys, you'll get access to the cryptocurrency easily.
Besides taking care of your blockchain currency, these crypto wallets also efficiently track the movement of coins and update you instantly in every scenario.
Best Wallets to Store Crypto Currency
- Ledger Nano S
This hardware tops our list of best crypto wallets with the competency to store up to 1,500 cryptocurrencies up till now. Their security system is what they're known for years. With strict safety from cyber-attacks, hackings, stealings, losses; Ledger Nano has all the necessary security features like 24-word recovery phrase, security pin code, two-factor authentication, improved visibility, and whatnot.
Their starting price ranges from a mere $59 that you may find expensive in the first place but worth the price.
- Coinbase
The second one on our list is every crypto enthusiast's favorite wallet. It’s huge fan base is because of the involvement of all software wallet features that can act both as an online and web wallet depending on your requirement.
Coin base is also one of the popular crypto exchanges today and their coin base wallets are one of the amazingly helpful incentives for their users to trade crypto by keeping it safe. Another perk of choosing coinbase crypto wallets is that they can easily be downloaded, used, and managed without any hassle or additional costs.
Plus, their wallets deserve to be called the best crypto wallet due to the high compatibility that works great with both Android and iOS devices. They also offer the option to store multiple coins of different values at the same time. This makes the multiple trades of different currencies pretty simple yet profitable in the long run. To sum up, having a crypto wallet and crypto exchange both from a reliable name like Coinbase is truly a blessing.
- Trezor Model T
If you’re genuinely concerned about the security of your beloved expensive coins then spending a few more bucks is certainly not a bad option. Made in Satoshi Lab’s, this Trezor Model T can be regarded as the best digital wallet with extremely advanced features today. It has an easy-to-use touchscreen interface, better communication, improved visibility, and pretty easy to use.
Its model T features are undoubtedly worth every penny and can store 500 different coins of different nature. It has extra layers of protection that ensure the security and protection of your coins. One of which is a one-shot input feature that quickly detects any doubtful attempt on entering the wrong pin more than two times.
Plus, it has a 12-word seed recovery card that allows the backup of coins in case it's anytime lost, stolen, misplaced, or sent to the wrong address.
Conclusion:
Buying and managing cryptocurrency is no longer a hard, hustle-bustle task with today’s amazing crypto wallet present. However, bitcoin is one of the largest, original and profitable with hitting a market cap of $1 trillion in 2021. Therefore, choosing a bitcoin wallet requires core focus and consideration of several factors.
In this regard, the Bitcoin Champion offers a helpful guide to choose the best bitcoin wallet with an excellent account management option. Hence, by choosing the right bitcoin wallet for your bitcoin storage and trading, you are more likely to ace the deals and earn amazing profits.
