8 best software and hardware crypto wallets

Wallets for cryptocurrency are divided into "hot" and "cold". The first are intended for active use and online trading. The second are hardware systems without direct access to the Web and simply paper media with printed access keys that must be entered manually.

The best software crypto wallets

Software wallets work through a browser or are installed on a computer and smartphone. User information and transaction data can only be stored on the developer's server, but more often everything is downloaded to the device of the owner of the crypto wallet.

These are "hot" type wallets with a network connection. With their help, you can conveniently and quickly conduct transactions with funds, but they are more vulnerable to attacks attackers. Therefore, it is better not to place large amounts on them.

1. Trust wallet

This crypto wallet is useful for working with coins of the Binance exchange, but is also compatible with a wide range of other currencies. For security, you can use

two-factor authentication, Google authorization, as well as verification by SMS or email. Trust Wallet places most of its currency on cold storage servers, from where it is quite difficult to steal funds.

You do not need to pay commissions either for the wallet or for currency exchange. But a percentage is charged on transactions in blockchain networks. Through Trust Wallet, you will also be able to exchange cryptocurrencies, and for this they will not need to be withdrawn to any third-party platforms. Using the Wallet Connect feature, you can link your wallet to websites integrated with it and quickly log in to accounts or confirm transactions.

Trust Wallet has the ability to buy cryptocurrencies. At the moment, the option is available through MoonPay and Simplex services. But you can, of course, purchase cryptocurrency anywhere and just send it to your wallet.

The service works only through mobile applications on Android or iOS, there is no option for a computer.

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2. Exodus

The multi-currency wallet is available as an application for computers, an extension for browsers and in mobile format. Exodus has a user-friendly interface and is suitable for beginners. It supports hundreds of cryptocurrencies and allows you not only to store, but also to buy, sell and exchange funds. No commission is charged for using the wallet, only for transactions with funds in blockchain networks.

Exodus can be linked to the Trezor hardware wallet, allowing you to secure large holdings of cryptocurrencies.

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3. MetaMask

MetaMask is available as a browser extension and mobile app. Through it, you can interact with almost all popular programs and sites that are related to the blockchain. The wallet is quite limited in terms of the number of supported networks. Popular ones are Ethereum, Polygon and Avalanche. Store on it, for example, Bitcoin will not work.

MetaMask can be connected to Trezor and Ledger hardware wallets. In terms of its capabilities, it is similar to Trust Wallet.

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4. Atomic Wallet

Atomic Wallet supports over 300 currencies and tokens. The service offers not only a wallet for storage, but also the purchase and exchange of funds. To work with it, you can use the program for Windows, macOS and Linux, as well as a mobile application for iOS and Android.

To track exchange information, there is a section with monitoring prices of cryptocurrencies, which displays current rates and a schedule of changes for the week. The developers do not collect user data, and a 12-word seed code is used to restore access to the wallet. In Atomic Wallet, you can receive passive annual income from staking when custody of funds in several types of coins. Currency placement is available in the Staking section.

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5. Jaxx Liberty

Jaxx Liberty supports dozens of cryptocurrencies - Bitcoin, Ethereum, Litecoin, Dogecoin and many more. The wallet works on Android, iOS, macOS, Windows, Linux and Google Chrome. All private data stored locally on the device.

In the application, you can receive and transfer funds, check the history of transactions, exchange currency. Jaxx Liberty also offers to track and compare changes in the value of popular coins over different time periods - from an hour to a month. In addition, a section with trends and the latest news in the field of cryptocurrencies is available.

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6. MyEtherWallet (MEW)

MyEtherWallet, or MEW, is one of the most popular and trusted services for working with the Ethereum blockchain. With it, you can receive and send funds to your account, exchange currencies, and receive passive income through staking.

When opening a new account, all processes are performed locally. Private keys and passwords are stored only on the user's devices. For greater security, MEW can be linked to hardware wallets and keep funds on them in a “cold” state. The service is available through mobile applications for iOS and Android, as well as through an extension for Google Chrome.

Open official site →

The best hardware crypto wallets

A hardware wallet is the safest way to store your savings. Transactions, of course, are carried out online, but at the same time, all private keys are placed on a physical medium in a “cold” form.

Such devices allow you to work with your assets by physically confirming actions with the push of a button. This helps protect you from losing funds even if your smartphone or computer get hacked. For the main part of the coins, it is better to use just such a crypto wallet.

1. Ledger Nano S

Ledger offers several models with different set of features. The basic version of Nano S supports most popular cryptocurrencies, including Bitcoin and Ethereum. For activation, the Ledger Live application is used, in which you need to write down a seed phrase to restore your wallet in case you lose your gadget.

The crypto wallet connects to Windows, macOS, Linux and ChromeOS computers via USB. The Nano S has a small display to verify transactions, as well as buttons to physically confirm each transaction.

Buy crypto wallet Ledger Nano S →

2. Trezor One

Another hardware crypto wallet that supports a large number of currencies: Bitcoin, Ethereum, Litecoin, XRP, Dash, Zcash, ERC‑20 standard tokens. Trezor One is activated via a desktop app. The device connects to PCs on Windows, macOS and Linux, as well as to Android smartphones via USB.

When activating the device, as in the case of the Ledger, you need to write down and save the seed phrase for restore access. Trezor One can be linked to hot wallets for transactions.

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