Trade Balance Deposit / Withdrawal Referral FAQ Log InAvatar Create Account
× #message#
×

Warning

Our Crypto Wallet Recommendations

Choosing the right crypto wallet is one of the most important decisions you can make when entering the world of crypto. A crypto wallet functions just like a regular wallet, only it takes the form of an app that stores passkeys, which allow you to sign for your cryptocurrency transactions.

 

In order to better understand this article, it is important to bear in mind the following considerations: 

 

  • There are two types of wallets, hot wallets that have access to the internet and cold wallets that do not.

  • Additionally, there are such things as custodial and non-custodial wallets. The custodial wallet is hosted by a third party, whereas with a non-custodial wallet, the owner is responsible for securing their own passcodes.

  • Finally, there are also three subcategories: software wallets that run on apps on mobile devices; hardware wallets that are removable devices and paper wallets that function with QR codes. 

 

With this in mind, here are our top five crypto wallet recommendations:

 

1. Coinbase Wallet 

If you are looking for vast compatibility, this is the hot wallet for you. Coinbase Wallet supports “hundreds of thousands” of crypto assets and is known as one of the leading hot wallets on the market. It provides multiple advantages, including integration with various decentralized exchanges (DEXes), the option to utilize Ledger for secure cold storage, access to an array of coins for staking, and support for NFTs based on both Ethereum and Polygon networks. 

 

2. Ledger Crypto Wallet 

If you're looking for a cold wallet, Ledger Crypto Wallet may be a good fit for you. Their user-friendly interface and integration with other software wallets, such as Crypto.com, enables users to conveniently oversee a portfolio of over 5,500 tokens and coins via the Ledger Live app.

 

3. Trust Wallet 

Trust Wallet stands out as our top choice for a mobile crypto wallet given its support for dApps and NFTs and the extensive range of supported assets. As Binance’s official mobile app, Trust Wallet offers non-custodial security with over 70 supported blockchains. Plus, as stated by Simpson, "the wallet has a built-in Web3 browser, allowing users to access dApps and blockchain games directly through the app. This feature makes buying NFTs easy, as users can look, purchase and store tokens using the incorporated decentralized exchange, all without leaving the app" (2023). 

 

4. Crypto.com Defi Wallet 

This non-custodial wallet gives you access to a full suite of DeFi services in one place. It is designed to give you full control and secure custody of your crypto, and it does not require you to provide your identity, which therefore reduces the risk of data breach.

 

5. Exodus 

Exodus is a great choice if you like to access your wallet on a desktop. Its varied functionality sets it apart from other options on the market. It runs on a light client, meaning it uses simple payment verification and doesn’t download complete blockchains, which in turn speeds up transactions. Plus, you can earn interest on more than 25 cryptocurrencies. 

 

There are many other crypto wallets within the crypto space besides those we mention here, each with their own pros and cons. Our advice when choosing a crypto wallet is to identify your objectives, your non-negotiables and to research as much as you can. We suggest looking at reviews and forums in order to gain more insight on each of the wallets before making your pick. 

 

latest posts

trading

What are crypto AI trading bots?

In the fast-paced world of crypto trading, where assets’ value can shift thousands of euros in a matter of minutes, crypto AI trading bots have provided investors and traders with a helping hand when it comes to discerning patterns and executing trades with superhuman capabilities. As in most other sectors that hinge on technology, trading has begun to incorporate the power of artificial intelligence (AI) to process and analyze vast datasets and make decisions faster and with greater preci
Read more
ethereum

Will Ethereum follow Bitcoin’s new all-time high?

In recent weeks, Bitcoin (BTC) has hit the headlines as it led a significant bull run that pushed the cryptocurrency to surge past its once-elusive milestone of $100,000. Bitcoin’s new all-time high is officially over $103,000, a figure many thought impossible in 2024. Despite a couple of corrections, the crypto market is still blazing. Naturally, attention has turned to the second-largest cryptocurrency by market cap, Ethereum (ETH). Traders and investors are now asking whether Ethereum,
Read more
BITCOIN

Bitcoin hits historic price and approaches $100,000

At the time of writing, Bitcoin hit a historic price and new all-time high of $99,571 on November 22, 2024, just $429 off a value of $100,000, a monumental milestone in the history of cryptocurrency. Bitcoin’s value has been rising since the 5th of November, the day following the U.S. presidential election when a Republican win was imminent. Donald Trump’s victory has boosted confidence regarding potential regulatory changes that will make the U.S. a much more favorable environment f
Read more
✕
BIDS

The bid price is the highest price that a particular buyer is willing to pay for a specific product or service. In the context of financial/crypto markets, it is the value buyers offer for an asset, such as a commodity, security or cryptocurrency.

Read more

ASKS

The asking price is the minimum price that an individual would be willing to sell their asset, or the minimum amount that they want to receive in return for the unit(s) they are parting with.

Read more

MY OPEN ORDERS

Here you can see all of your open orders. To cancel an open order, just click the ‘X’ symbol next to it.

Read more

LIMIT ORDER

Limit order gives you the power to set a specific price at which you would like to buy or sell the desired amount of cryptocurrency.

Read more

MARKET ORDER

A market order is an order type that enables you to buy or sell at the best available market price.

Read more

STOP LOSS LIMIT

A Stop Loss Limit order is designed to limit your loss on a cryptocurrency position. A Stop Loss Limit order can be placed to buy or sell a specific cryptocurrency at your entered price (a limit order) once that cryptocurrency reaches a certain price.

Read more

TAKE PROFIT LIMIT

A take profit limit order is an order put in place by traders to maximize their profits and protect their profits on positions. A take profit limit order allows you (a trader) to set your custom made Buy or Sell order. You have to set two prices - the Trigger Price and the buy/sell Price.

Read more