If you want to buy Bitcoin, Litecoin, Ethereum, or any other coin, you will need a cryptocurrency wallet. It is special software that resembles internet banking. It allows you to manage digital assets and perform various operations with them (store, receive and send).
A crypto wallet is a must-have ecosystem attribute. Without it, working with digital assets is impossible. Therefore it is so important to choose a convenient and reliable tool that will solve your problems. To help users navigate the wide variety of available solutions, we have selected and ranked the top 5 best crypto wallets for the safe storage of cryptocurrency.
Stormgain anonymous crypto wallet
The multi-currency crypto wallet Stormgain was created as part of the exchange of the same name, registered in the Virgin Islands in 2019. The development has become part of the vast ecosystem of the project.
One advantage of Stormgain is the ability to work with digital assets anonymously.
The next plus of Stormgain is a simple registration. To use an online wallet, the user needs to enter an email address.
Crypto wallet functionality and commission information
Stormgain supports six crypto tokens: Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Tether, and XRP. There is a mobile app for the wallet for Android and IOS.
Stormgain has a service for buying digital assets with fiat from bank cards. The system supports work with two companies. The first is Simplex. With this credit card, you can buy digital assets with a 5% commission. The second option is to buy cryptocurrency with a Koinal credit card with a 4% commission.
For the withdrawal of cryptocurrencies, Stormgain charges 0.1% of the transaction amount. There is no commission for replenishing the wallet.
Coinbase crypto wallet with many licenses
The Coinbase wallet is part of the digital asset exchange founded in 2012. The company is registered in San Francisco, USA. To work with the wallet, a user needs to go through the registration procedure with identity verification.
Crypto wallet functionality and commission information
Coinbase wallet offers users the to work with a large number of cryptocurrencies, including Bitcoin, Litecoin, Ethereum, XRP, and others.
None of the versions of the Coinbase wallet have functionality for purchasing cryptocurrency for fiat from a bank card. To get started, you need to send digital assets purchased elsewhere to your address.
Users complain about the high fees that the platform charges for cryptocurrency transactions. The system determines the tariff depending on the volume of the operation and the location of the person. So, buying a cryptocurrency from a debit card for a European will cost 3.99% of the transaction amount.
Coinomi crypto wallet with the best commission for Android and IOS
Coinomi is a browser-based and mobile multicurrency crypto wallet. The crypto wallet was registered in the Virgin Islands in 2014. Coinomi offers a wide range of digital assets, including Bitcoin, Ethereum, XRP, and others. The wallet runs on Android, IOS, and several computer operating systems.
Wallet functionality and commission information
To get started, you need to select the cryptocurrencies and agree to the terms of work. After the registration, users can buy cryptocurrency by paying for the order with a credit or debit card.
When placing an application for the purchase of a digital asset, the system will ask you to indicate the buyer’s data, including the full name and address of residence.
You can also buy cryptocurrencies on the official website of the project. In total, 12 digital assets are available for purchase through bank cards, including Bitcoin and Ethereum. Coinomi fees are dynamic. Its size depends on the workload of the system.
Blockchain.info – wallet without verification
The Blockchain.info wallet was created by experts from the crypto company of the same name. It is available both in the browser and mobile versions. There are two types of wallets available in the system: for storing digital assets and for working on the exchange.
Wallet functionality and commission information
To register, you will need to provide an email address. Immediately after registration, without email confirmation, the user can proceed to the purchase of cryptocurrency. You can use fiat to pay for your order, for example – euro.
When filling out a request for the purchase of digital assets, you will need to enter your full name and residential address.
Blockchain.info does not charge any fees for cryptocurrency transactions. According to the project’s website, when making a transaction, only the network commission of a digital asset is withheld from the user.
Exodus and Trezor: cold and hot crypto wallet
Exodus is a multicurrency wallet. Available in mobile and desktop versions. Founded in 2015, Exodus also created a cold wallet called Trezor.
Wallet functionality and commission information
More than 100 cryptocurrencies are available in Exodus wallets. When withdrawing and replenishing an account, the program does not charge any commission.
When registering, there is no need to enter personal data. To start using the wallet, you just need to install the program on your computer or phone. To activate your account, you will need to transfer any amount of cryptocurrency to the assigned address.
Exodus does not have a service for purchasing digital assets for fiat, so to get started, you need to buy cryptocurrency on another platform.
Conclusion
Each of the presented wallets has its advantages and disadvantages. Which option to choose depends on the purpose of use. To other conclusions:
- Some wallets allow you to remain completely anonymous. For example – StormGain.
- Many wallets are presented in different versions: for mobile phones, desktop versions, and others.
- In the history of some popular projects, there have been episodes of a breakthrough in security systems.
In some cases, the best option would be to work with several wallets at a time.
