The Top 5 Cryptocurrency Wallets And Banks
Cryptocurrency
If you are dealing in cryptocurrency, you’re not alone. Becoming more popular every day with investors, such currency as Bitcoin and others appear to be the wave of the future.
But when you are buying, trading, or selling cryptocurrency, you need wallets and banks to not only securely store your currency, but also validate your transaction information.
To ensure you store your cryptocurrency in the best wallet, here are the top five wallets and banks.
Electrum
If you are dealing only in Bitcoin, Electrum is for you. A wallet that deals exclusively in Bitcoin, it has been around for 10 years and is well-known and respected within the cryptocurrency industry.
Easy to set up, Electrum offers you enhanced security features, customizable transaction fees, and simple payment verification to help process transactions much quicker than other wallets.
Coinbase
Should you be new to cryptocurrency, Coinbase is the best wallet available to those who have little or no experience in this area.
Able to support over 500 different types of cryptocurrency assets, it is very user-friendly and can connect to most major bank accounts.
As for more information you may find useful, consider that Coinbase is non-custodial, meaning the wallet’s private key is stored on your computer, rather than on the Coinbase server.
Because of this, your currency can’t be locked or open to a cyberattack.
Mycelium
If you are like many people and conduct most of your business through your phone or tablet, Mycelium is rated as the best wallet for mobile applications.
Compatible with cold storage solutions such as KeepKey or Ledger, you can also enjoy plenty of educational tutorials about various crypto exchanges.
Should you use Mycelium, you will enjoy multiple layers of security protection and advanced transaction history information.
Ledger Nano X
When you want an offline crypto wallet, Ledger Nano X is the best.
Supporting multiple types of digital assets, it comes with special hardware that protects your private keys and manages as many as 100 tokens simultaneously.
As an added bonus, it comes with a Ledger Secure Chip that protects against cyberattacks.
Exodus
If you are someone who likes to sit at your desktop and conduct crypto business, Exodus is the wallet you need.
Providing 24/7 support should you have questions, it supports about 150 crypto assets and allows you to purchase Bitcoin with ApplePay.
Since it seems as if cryptocurrency is here to stay, knowing which wallets and banks will benefit you the most will make buying, trading, and selling much easier.
Category: Cryptocurrency
