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What is Crypto Wallet: Top Wallet Reviews


  What is Crypto Wallet  


Cryptocurrencies are now widely used as payments like bills, purchasing to online stores, and sending it as gifts to relatives and friends. This is somehow the new revolution form of money in today's generation.

A Cryptocurrency wallet is a software program that stores the private key and public key, that acts as your signature to send and receive crypto/digital currency to another user that has their own wallet. Without a Cryptocurrency wallet, you may not able to receive and send Cryptos, as well as to own.

There are almost a total of 1600 Cryptocurrencies in 2019 as per Wikipedia, and the top 300 are listed in the market that can be possibly traded in the Cryptocurrencies Exchange Platform.

 Different Kind of Cryptocurrency Wallet  

  1.   Desktop Wallet- They are a Downloadable Cryptocurrency wallets to be installed as a PC version. Your private and public key can only be stored in one desktop only, which means that you can have access to your wallet to other PC unless if you linked your passphrases and it is free.
  2.  Mobile Wallets- Mobile Wallets on the other hand are downloadable apps store on an android phone and iOS phone. Your private and public keys are stored on your mobile. these are the most used kind of Wallet these days due to its accessibility and it is free.   
  3. Hardware Wallet- A kind of Cryptocurrency wallet that stores your private and public key in a USB Drive. These kinds of wallets are more secured compare to desktops and mobile wallets. Hardware Wallets cost 70 to 200$.
  4. Paper Wallet- Its a kind of wallet that is physically printed out your public and private key in a paper. Some believe that this is the most secure kind of wallet because your keys are not stored in any hardware or software which is very prone to hacks. it only costs you printing out your Addresses in a sheet of paper.

 What Wallet Should I Use  

Having a Cryptocurrency Wallet is not new now, and choosing the best Crypto Wallet is not easy, but it all depends on the extent of how you use your Cryptocurrency. If you plan to hold a larger amount of Cryptocurrencies such as Bitcoin and Ethereum, I would suggest you to have a Paper Wallet or Hardware Wallet. But if you are just starting up, and holding just a few for trading or sending crypto's, It is better to have few in a Mobile Wallet.

    Top Cryptocurrency Wallet 2020    

 Coinbase 


Coinbase is one of the most trusted and user-friendly Mobile Wallet. It has the most Crypto Wallet users probably because it is very easy to understand by beginners on how to use and navigate. It supports more than 94 Countries but with selected countries on direct purchasing via wire transfers, Visa and Master Card, Bank transactions and more. 

Unlike other wallets, Coinbase only supports crypto that is independently reliable and with a strong background that you can use as purchasing, transfers and trading. To fully access on their features like trading on their exchange platform, you need to be verified to level 2, that requires you to complete your full details with providing document such as your government I.D. 

 Blockchain 


Blockchain is one of the top-ranking Mobile Wallet because of its easy to use, and user-friendly. They have been quite long enough to have a total of 40,000,000 Crypto Wallet users with them. with their full features, they have their own exchange platform as well in which you can trade your cryptos to 26 Pairs, and support Fiat money on USD, TRY, EUR and GBP. They're main supported Crypto for receiving and sending are Bitcoin, Ethereum, BitcoinCash, Stellar and Stable-coin PAX. The mobile application wallet is available in Android and iOS. You can use access your wallet in any browsers.

 Jaxx 

Jaxx is one of the simplest Cryptocurrency wallets and as a Multi-Crypto Wallet that is available on mobile, both on android and iOS, also on desktop wallet app on Windows, Chrome, Linux, and Mac. They supported 90+ Cryptocurrencies for sending and receiving. With the fact that they are very simple, they do not support any fiat for buying and exchange for Crypto, the wallet is purely for crypto for another crypto.

Unlike other Crypto wallets, they provide only 12 words security phrases which their users are likes it, and others based on security. Jax is Canada's leading Crypto Wallet software developed by Decentral Inc. since its operation in 2014.

Coins.ph


Coin.ph is a Mobile Wallet Application that firstly launched in the Philippines and was only available in the Philippines on that time. It allows you to buy Bitcoin and their other supported Cryptocurrency. It is widely used by Filipinos for its good features such as paying bills, purchasing online and prepaid, and can be send and receive remittance. One of the best features is their 5% rebates on purchasing prepaid loads and bills payment. They are expanding and now available to other countries as well.

 Coinomi 

Coinomi is one of the top Multi-Cryptocurrency Mobile Wallets available on both Android and iOS. They also have desktop versions recently after their Mobile Wallet App was introduced, it is available on Windows, Mac, and Linux. They have the most number of supported Crypto and coins. With their growing asset claimed to hold 125 blockchain. It has great features in terms of security with seed phrases and pin securely stored on your phone. They have a strong privacy features and can exchange Crypto to another swiftly.

You can directly buy Bitcoin (BTC) in a Coinomi Wallet using your VISA Card, in partnership with Simplex, a trusted and secured platform for purchasing Crypto using Credit Card.

 Exodus.io 

 Edge.app 

These are just a few of the crypto wallets to choose from. Crypto wallet listed has its own individual flaws and negative feedbacks from its existing users. Keep in mind that the utmost security of your crypto and assets is never to share your security pin and phrases to anyone.


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