Compare the best crypto wallets

Find out the best and the most secure crypto wallets!

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Trezor is cold storage, hardware wallet. In the form of a small computer device that provides high security for your digital assets. It has very high-security solutions (such as 2FA).

  • Web-based interface
  • Integrated exchanges
  • Customer support
  • Cold storage

Wasabi wallet stands out due to its simplicity and ease of use. It is beginner-friendly and process of setting this wallet up is straightforward. However, it doesn't have that many advanced features.

  • Simple and easy to use
  • Dust attack protection
  • Anti-wallet fingerprinting
  • Open-source platform

MyCelium wallet is one of the pioneers in the market of crypto wallets. It earned trust through the long presence in the industry. Still enjoys the popularity which proves the quality.

  • Highly secure
  • Hardware wallet compatibility
  • Single address accounts
  • Open-source platform

Ledger, known for its extremely high security. Willingly chosen by advanced traders. It is made of durable material which protects it from external damages. Ledger is one of the most popular wallets on the market.

  • Comfortable device
  • Physical damage resistance
  • Wide range of coins supported
  • Attractive price

Exodus is simple and easy to use software wallet, which means it offers an online interface only. It makes it less secure than other, more complex wallets. However, it's beginner-friendly with good customer and currency support.

  • Supports wide range of coins
  • Automatic fee adjustment
  • Good customer support
  • Built-in trading functions

Guarda offers both software and hardware cryptocurrency wallets. However, the hardware ones are less secure than the products offered by the competition. The software version is pretty straightforward and security is decent.

  • Encrypted keys
  • Good customer support
  • Wide range of coins supported
  • Beginner friendly

Guide to cryptocurrency wallets

In this place, we want to briefly introduce you to the crypto wallets, so that you can get familiar with this topic and be able to choose the best for you!

What are crypto wallets?

Crypto wallets are a secure and safe place to store, receive and send your digital assets (i.e. cryptocurrencies).

These wallets can have different forms: digital software for your computer or smartphone, physical device, or even paper wallets. Some of them allow you to hold only one type of cryptocurrency on it, while others support many types of digital coins and even offers internal, integrated exchange to switch your coins. As you can see there are tons of diverse types, but there are always one that is the best for you!

Types of crypto wallets

As we mentioned there is a wide variety of crypto wallets. To make it easier for you we briefly described each type below.

Web-based wallets

Web wallets are usually offered by a company that built a cloud-based desktop for access to cryptocurrencies. They are not so secure since everything takes place in the cloud and they are being hacked often, therefore we recommend to use these wallets only for small transactions. The plus is you can easily access your coins using this type of wallet. What is worth to be mentioned, many cryptocurrency exchanges offer this type of wallets to make trading more safe and liquid.

Software wallets

These wallets are usually in form of the app to be downloaded on your device (phone/computer). It is mostly controlled completely by its user, which makes it pretty safe from frauds. However in this case you're fully responsible for your funds. You better buy a new laptop or at least provide yourself with top anti-virus to prevent any losses. It is widely used by fresh investors due to the simplicity and ease of use.

The most convenient type of software wallets is mobile ones. They are very nice if you need instant access to your cryptocurrencies. You can simply use your mobile app and send or pay with your digital coins. Pretty cool right? Sure, but there is a bad side too, you can't export your private key and, therefore you may lose all of the coins you hold store there. Until you bear only a part of your assets here, everything should be fine!

Hardware wallets

Hardware wallets are one of the most commonly picked for long-term investments (so-called 'hodl'). They are mostly available in form of a small external device (similar to USB) with built-in software that enables control over your crypto equity. They operate offline (despite the computer connection) and gives you absolute control over your digital assets (cold storage). Though it may seem the ideal choice it's important to stay vigilant and regularly update your wallet. Crucial advice is to always buy a brand new wallet from the official provider; The used, second-hand products may be infected with the virus!

Paper wallets

Last but not least paper wallets. These are recognized as one of the safest ways to store your cryptocurrencies. You simply receive the paper with a printed private key of your cryptocurrency and usually QR code to scan through your phone. Bear that in mind that you always receive the paper wallet from generators and, unfortunately, there are also scams. Always make sure you use reliable service.

How to transfer cryptocurrencies to your wallet

Sending crypto to your wallet isn't that hard there are just a few steps to do it! *This process may vary depending on the exchange/wallet that you use.

  • 1. In your exchange account desktop go to your Portfolio
  • 2. Then chose the send option
  • 3. In sending dialog, choose the wallet address you want to send your cryptocurrencies to
  • 4. Choose the number of coins you want to send
  • 5. Confirm the transaction (make sure all the details are correct!)

Conclusion

There are many types of wallets and you should choose one that meets your expectations and using is the most comfortable for you. We hope this guide will help you find your best and remember if you struggle with the choice you can always compare wallets using our tally on the top of this page. We wish you a happy and successful crypto journey!