3 different types of cryptocurrency wallets gaining hype

Apr 7
02:00

2022

Rea Setia

Rea Setia

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Crypto wallets are non-physical and digital applications that offer the functionality of storing cryptocurrencies in one place. No crypto is stored therein in particular, instead, these wallets access the specific addresses of the crypto blockchains and send commands (send, receive) to manipulate transactions.

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Many crypto wallets have emerged into the market with several features. And if you are also confused about which one to consider,3 different types of cryptocurrency wallets gaining hype Articles you have reached the right platform. From top crypto exchanges in India to new startups, everyone has invested in crypto wallets to serve either customer the best. In this article, we will explore the most popular and beneficial crypto wallets you must know to scrutinize your search and aid your decision. Keep reading to discover the same.

 

  • WazirX wallet

From beginners to experienced crypto investors, anyone can use this wallet easily. It has gained a lot of popularity and fame that now, it has become one of the best crypto trading platforms in India. It provides-

  • Optimum security
  • Comprehensive cryptocurrency range.
  • Speedy transactions
  • Accessibility to advanced and technical tools.
  • Can be used on any device with a simple user interface.
  • Understandable KYC norms.

Along with it, it also offers WRX token to foster the crypto community and attract new customers. This rising platform is on the top and leading the market. Considering WazirX wallets should be your first choice out of all.

 

  • Coinbase Wallet

Second, in the list of the most successful and reliable crypto wallets is Coinbase wallet. The company is best known in the US. Also, it offers an easy interface with characteristics that makes it preferable for beginners.  Whether you are to buy bitcoin, dogecoin, litecoin, Shiba Inu, etc, it has its Visa-backed debit card that amalgamates with Apple pay and Google pay. If you are new to this market, Coinbase can be of great help. Also, it can be downloaded on iOS and Android mobiles for simple accessibility. Furthermore, the wallet is fully integrated with the company which results in faster transactions and more security of your assets.

 

  • Exodus

It is a hot wallet which means that the assets or crypto coins are stored online. Furthermore, it is non-custodial and can be accessed with a 12 characters password key to store your cryptos. This is the only security provided by this wallet. But, what makes it famous is that it is the best for laptop usability. That wallet is designed to work only on Mac, Windows and Linux computers, though there is a companion application for Android and iOS users. The desktop version is quite simple and easy to learn. Plus, accessing the wallet on a big screen has its advantages and ease of understanding. Your wallet will be integrated with Exodus exchange which will lead to faster transactions at a low cost. It supports more than 130 cryptocurrencies across the globe. So, the range is quite wide to choose from.

 

Apart from the above-mentioned wallets, Ledger Nano X, Trezor Model T, and Mycelium are certain emerging crypto wallets that you can opt for as per your needs and wants. Before making any decision, remember that this is a highly volatile market with more risk. Do your research and get clear insights about different top crypto wallets and their features to make the right choice. Also, get in touch with the companies to know their policies and functionality to not compensate for your investment and returns.