TOP 5 BEST CRYPTO WALLETS OF 2022
Cryptocurrency wallets are essential tools for trading cryptocurrencies. Traders need them to store cryptocurrencies securely, as well as protect and authenticate transaction information. In this article, let’s find out the top 5 best wallets in 2022!
Coinbase: The Best Crypto Wallet For Beginners
Coinbase Wallet is an excellent wallet for beginners who have little or no experience with crypto. This app can connect to most major bank accounts and has an interface that is welcoming and easy to navigate, consisting of a simple three-tab layout and clearly identifiable functions.
Crypto wallets keep your private keys safe and accessible, allowing you to send and receive cryptocurrencies such as Bitcoin and Ethereum. They come in a variety of forms, from hardware wallets like Ledger (which resembles a USB stick) to mobile apps like Coinbase Wallet, which makes using cryptocurrency as simple as shopping online with a credit card.
Coinbase Wallet can store non-fungible tokens (NFTs) and digital collectibles, and it supports over 500 crypto assets — the largest number among hot wallets on this list.
Other highlights include:
- Uses the Secure Enclave chip available in Android, iOS, iPad, and Mac devices to provide biometric authentication (e.g. FaceID, TouchID)
- Access to decentralized exchanges in-app, which can convert tokens without any intermediaries
- Optional cloud backups to protect your digital keys
MetaMask
MetaMask is a decentralized wallet used to store cryptocurrencies. Meanwhile, this is also a decentralized browser Dapp. It allows users to interact directly with smart contracts.
MetaMask was used to store tokens running on Ethereum, but the need to store cryptocurrencies and transactions is increasing, MetaMask has expanded to support tokens from many different blockchains.
These days, MetaMask is used as an extension for Chrome, Firefox, Opera, Brave, and mobile applications. Accordingly, MetaMask is the most used decentralized wallet. The most common feature of MetaMask wallets is the ability to secure user accounts by connecting to the blockchain using a private key.
Trust Wallet
Trust Wallet is a kind of “soft wallet” and an online crypto wallet for storing cryptocurrencies. This type of software wallet allows users to store their “private keys” and coins on the Internet. In addition, Trust Wallet has outstanding features such as:
- Store over 300,000 coins and tokens on the crypto market
- Staking some coins right on the Trust Wallet
- Trading right on Trust Wallet
- DApp browser: users can learn, play and use Dapps, right on Trust Wallet’s application
Furthermore, Trust Wallet positions itself as a place that allows users to store their NFT token collections in accordance with ERC-721, and ERC1155 standards.
Legde Nano X: Best for Offline Crypto Wallet
Ledger is one of the best-known brands for today’s hard wallet type. Its early popularity emerged with the first wallet called the Ledger Nano S. This is a highly secure and feature-packed cold wallet. Ledger Nano X expands the Nano S’s success by adding built-in batteries and features such as Bluetooth connectivity and greater asset management capabilities. It can store up to 100 different coins/tokens with a number of advantages as follows:
- Direct connection to the phone via Bluetooth, easy coin management
- Store up to 100 different coins on the same device
- Large, sharp electronic screen with 2 solid physical buttons
- Support staking coin for direct profit on Ledger cold wallet
- Convert swap coins and tokens in a simple and flexible way through Ledger Live software
Phantom
Phantom is a non-custodial cryptocurrency wallet used primarily on the Solana blockchain for Defi and NFT. With Phantom, users can store, send, receive, stake, and swap tokens on Solana safely and easily.
Like other popular cryptocurrency wallets, phantoms can be added to the browser as extensions. In addition to storing, buying, and placing bets, users can also buy NFT on Solana with a Phantom wallet.
The above are the top 5 cryptocurrency wallets in 2022 that many users place their trust in. Hopefully, the information that Snailhouse has gathered will help you find out the best choice for yourselves. From there, you can completely consult and gain a broader perspective on selecting a cryptocurrency wallet suitable for personal purposes. Just remember, the best cryptocurrency wallet is the type of cryptocurrency wallet that is suitable for the purpose of use as well as personal needs. Do not forget to follow us to catch up with the latest news in the NFT world!
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