Best Multicurrency wallets
Once you decide to buy some cryptocurrencies, you might look for a place to store your new investment. Keeping digital assets on exchanges might not be an option when it is about big amounts. So, after buying, you will need to move your cryptocurrencies into one or more wallets. A crypto wallet is a digital product that allows you to send and receive cryptocurrencies. More specific, a wallet is a piece of software that stores your public and private key and can interact with one or more blockchains.
Here are some of the best multicurrency wallets available.
Jaxx Wallet. An optimal crypto wallet software that offers both mobile and desktop applications. Use it to store your Bitcoin, Bitcoin Cash Ethereum, Ethereum Classic, Litecoin, Dash, Zcash and dozens of other cryptocurrencies.
Coinomi. Coinomi supports 64 cryptocurrencies and is one of the best mobile wallets on the market. The only downside is that at the moment it currently works with Android only.
Exodus. Exodus is a solid desktop wallet which lets you store Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, OmiseGo, Qtum, Dash, Bat, Aragorn and many other coins.
XcelPay Wallet. XcelPay wallet supports multiple cryptos like Litecoin, Bitcoin, XcelToken Plus, Ethereum and more, the wallet also allows you to recharge your phones in over 160 countries, with over 900 carriers, all while keeping your cryptocurrency safe.
Hardware wallets. Although more expensive, hardware wallets are considered to be one of the safest options for crypto investors.
KeepKey. Supports Bitcoin, Ethereum and majority of other altcoins.
Ledger Blue. Supports Bitcoin, Ethereum and majority of other altcoins.
Trezor. Supports Bitcoin, Litecoin, DASH, Zcash, Bitcoin Cash, Ethereum, Ethereum Classic and other ERC-20 Tokens.
Digital Bitbox. Supports Bitcoin, Ethereum, Ethereum Classic and other ERC-20 tokens.
Cloud wallets. Although we stressed that online wallets can be dangerous, storing your coins on Coinbase and GDAX are safer than others. Coins in these exchanges are insured, thus providing a guarantee that you will be compensated even if the company is hacked.
A digital wallet may be the most important investment decision. Therefore, it’s worth to invest time and effort into choosing the right one. Although hardware wallets may seem expensive at first, at the moment, they offer the most complete cryptocurrency storage option, combining both safety and functionality. Nevertheless, there are some decent hot wallets as well. The final decision is always yours and you should stick with the wallet which lets you get a sweet good night’s sleep.
Choosing a multicurrency wallet might not be the easiest decision ever, especially if it is about a hot wallet. Still, you need to define what a good wallet means to you and what features are mandatory. In today’s crypto market you have a lot of options.
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