Now that you own some crypto currencies and you want to secure them. At the moment you have your crypto stored in a crypto currency exchange which is not ideal as you are in danger of losing your crypto in the event of a hack or exchnage going into liquidation or may be the exchange blocking your account due to certain reasons and you have no longer access to your own crypto for which you have invested alot of fiat money. Now what to do? A simple is solution is to transfer your crypto to an online wallet where your crypto is much safer thought not 100% but still better than keeping in an exchange. There are certain factors you need to take into account while transferring your crypto to an external wallet. First and foremost is that "how trustable that crypto wallet is". Now there are a large number of crypto wallets available but we will bring you 3 which are considered to be most trustable in crypto community.
1) Exodus Wallet
Exodus wallet is one the best available on internet. With its feature rich design and easy to use interface, it is the most advanced and secure wallet available to crypto investors.
Exodus wallet provides a desktop version with trezor hardware wallet integration feature as well as a mobile wallet on the go. It supports more than 100 crypto currencies on its platform. You can send or receive crypto in your wallet by either using your wallet address or simply by scanning the QR code.
You can buy or sell crypto currencies or exchange for another within your wallet. You are not required any sort of registration or verification process. It is as simple.
Exodus designed keeping in mind new crypto users who have no previous experience of buying and selling crypto on exchanges. It also hides the complex procedures which takes to exchange an asset making it simple for end users. It encrypts private keys and data on your own device making it secure and private for you.
Customer support for exodus wallet is good and it provides 24/7 support to its users. Overall Exodus wallet is an excellant choice when it comes to crypto wallet and is highly recommended. (DYOR)
2) MetaMask Wallet
The most popular online wallet among crypto community has millions of users. Founded in 2016 by Consensys MetaMask allows its users to securely manage crypto assets. Sending and receiving crypto assets in easy and with the option of having a desktop wallet makes it even more user friendly.
MetaMask supports vast variety of crypto currencies and NFTs on its platform making it highly accesible and user friendly. Mainly an ethereum wallet, it also has its own built in exchange to quicky buy and sell crypto assets.
It as initially released as a browser extension that required chromium based browsers like google chrome, firefox etc to manage crypto currencies, soon it was available on mobile platform. MetaMask allows users to directly connect with Ethereum dapps without the need to run an Ethereum node.
The encryption capabilities of MetaMask is most advanced in crypto industry. Keys are managed safely and securely by MetaMask and thus are not accessible by users. The only thing that a user needs is the 12 word seed phrase which will give him access to their crypto assets which to some users is a disadvatange as they do not own their crypto keys.
mainly an ethereum wallet, MetaMask also supports other crypto platforms like Binance smart chain and other test nets.
Overall MetaMask is trusted by millions of users and highly rated as market leader for its technology. We will also recomment metaMask but DYOR and its not a financial advice.
3) Trust Wallet
Another online crypto wallet on our list is Trust Wallet which was founded by a US-based Ukrainian software developer Viktor Radchenko. It is one the best and safest decentralised wallets on the market.
Trust wallet supports nearly all crypto currencies and supports different networks inluding Ethereum, BNB chain and other test nets. If you are looking for a wallet which gives you mega options to buy and sell crypto then you cannot go wrong with Trust Wallet.
Trust wallet support various dApps on its platform making it easy for users to manage and utilize their crypto assets. You can make swaps as well as stake your crypto to earn some sweet APY on your assets.
Trust wallet has built in exchange which you can use to buy and sell crypto any time on the go. The interface is easy to use and no KYC is required to buy and sell assets. It also provides graph of various assets to make it more convenient for users to monitor their favourite assets. The downside for Trust wallet is that, it is not available as a browser extension or desktop version which takes some flexibility out of it. Some users prefer MetaMask over Trust wallet only because of lack of desktop funtionality.
Overall Trust wallet is highly regarded among crypto community and with its ability to support nearly all crypto assets make it a unique choice.
About Cryptical News Articles
All the information provided in this article and entire website is for educational and entertainment purpose only. Nothing is financial advice so be careful while investing in crypto currency markets as these are highly volatile. Never invest more than what you can afford to loose. We take no responsibility for any financial losses which you may occur.