The cryptocurrency industry has grown big over the past couple of years and over time, it has become very vulnerable. With the passage of time, the hackers have grown very smart and they are stealing cryptocurrencies out of people.
The only way the hackers can steal cryptocurrencies from the users is by gaining access to the cryptocurrency wallets of the users. Hackers have found different ways of trespassing and stealing cryptocurrencies from users.
Therefore, it is extremely important that cryptocurrencies are secure and highly protected. Unfortunately, not every cryptocurrency wallet being offered offers such benefits, so it is very important to choose a wallet that is safe and secure.
Top Cryptocurrency Wallets
The major on-chain data analytics firms have listed the top cryptocurrency wallets that are currently trending, and are in really high demand. These wallets include:
- Coinbase Wallet
- Mycelium Wallet
- Exodus Wallet
- Guarda Wallet
- Electrum Wallet
If you want your hands on a cryptocurrency wallet that supports multiple cryptocurrencies and is non-custodial, then you can go for Coinbase wallet. On the Coinbase wallet, you can store many non-fungible tokens and thousands of cryptocurrencies. Through the Coinbase wallet, you can also access several decentralized cryptocurrencies.
One of the major benefits the Coinbase wallet offers includes low fees for transactions to other wallet accounts. You are not charged with any kind of processing or hidden fees at all. The customer support for the Coinbase wallet is not up to the mark so that is the area where the Coinbase teams need to work.
Mycelium is one of the most popular and fast-growing mobile-based cryptocurrency wallets in the market. Through the Mycelium wallet, you can manage Ethereum, ERC-20 tokens, and Bitcoin.
The wallet also offers several major utilities that include single address savings, spending accounts, and cold storage integrations. It is also among the major cryptocurrency wallets that let the users save their own keys.
The wallet powered by Mycelium is kept open source for the benefit of users. The wallet also provides users the utility of buying cryptocurrencies directly through its platform.
Exodus wallet currently exists as the most user-friendly cryptocurrency wallet. It is useful, especially for new users who are new to the cryptocurrency industry. One of the most prominent features of the Exodus Wallet is the single interface that offers you access to all your portfolios.
You can manage several cryptocurrencies through the same interface and this makes the wallet extremely convenient for the users. Through the wallet, the users can perform trades, buy, and sell cryptocurrencies. The users can also stake their cryptocurrencies in order to generate gains.
While the majority of the crypto exchanges have huge interfaces with several sections and categories, Exodus wallet literally offers a one-stop solution.
Guarda wallet is considered the top cryptocurrency wallet in the year 2022. The wallet is known for being one of the most user-friendly platforms. It acts as a complete crypto broker allowing users to earn, swap, store, and buy cryptocurrencies.
The wallet also allows users to stake cryptocurrencies and generate gains from the process. The Exodus wallet exists in the form of an extension for a browser. The wallet can also be used through a smartphone and a desktop client.
Guarda wallet offers one of the most professional customer services. The wallet also offers a face identification feature for the mobile application. The wallet also supports several thousand cryptocurrencies and other digital assets.
Electrum wallet has gained a huge amount of recognition being one of the top Bitcoin-only wallets. It is one of the major wallets that is highly secure for storing Bitcoin. Through the wallet, the users can also proceed with sending and receiving Bitcoin through the lightning network. The wallet also offers the open-source facility to the users and has been around for over 10 years.