Crypto wallets are not your ordinary wallets, though they act in the same way – as a place to hold your money. And just because we are talking about digital assets today doesn’t mean they don’t need a safe place, too.
We’re breaking down the top 5 crypto wallets you should be looking at in 2022 – no matter which cryptocurrency you use.
MetaMask is undoubtedly one of the most popular crypto wallets today and is a go-to for blockchain newcomers, token traders, crypto gamers, and developers. And we’re not surprised, considering they’ve received millions of downloads so far. But what exactly does the MetaMask wallet do? Namely, users can explore and host various blockchain-based applications and buy, store, send and swap tokens. Whether you’re using your desktop or a mobile app, your MetaMask wallet has a key vault, secure login, token wallet, and token exchange. And best of all? Only you can access your accounts and data. MetaMask connects virtually to any Ethereum-based platform.
Coinbase calls itself the key to the crypto world, where you can store all of your crypto and NFTs in one place. This self-custody crypto wallet gives you control of your crypto, keys, and data and supports hundreds of thousands of tokens and dapps. A safe and easy way to store and view all Ethereum and Polygon NFTs, Coinbase allows you to use DeFi liquidity pools to supply or borrow crypto, swap assets on decentralized exchanges, and join a DAO or a major web3 project. Did we mention it’s supported in over 90 countries, too?
With a community of over 25 million, Trust Wallet is certainly a trusted place to buy, store, and collect NFTs. This non-custodial cryptocurrency wallet is a mobile Ethereum wallet that works with ERC20, BEP2, and ERC721 tokens and supports the main blockchains in the Ethereum ecosystem, including Ethereum, Ethereum Classic, and Callisto. In other words, supporting over 1 million different cryptocurrencies. Trust Wallet prides itself on allowing users to trade crypto easily, without forms or selfies, and in under five minutes. Safe from hackers and scammers, Trust Wallet makes it easy for users to earn interest, exchange crypto without leaving the app, and see their assets in one place.
Led by a team of designers, engineers, and former founders, Phantom is a safe and easy way to store, buy, send, receive, swap tokens and collect NFTs on the Solana blockchain. This non-custodial wallet gives you full access to your data and funds, does not track any personal information, and uses biometric authentication to protect your assets on the go. And after a recent hacking attack at the beginning of August 2022, Phantom has responded by introducing the ‘Burn NFT Feature’ where users can earn SOL tokens for reporting spam!
Ledger is your go-to if you’re looking for a hardware and multicurrency wallet to store your crypto assets offline. Praised for its digital security ecosystem that provides verifiable trust across people, hardware, and software, Ledger is famous for its Ledger Nano S and Ledger Nano X cold wallets (think similar to a flash drive). While this means that your crypto is stored offline, the Ledger Live mobile app allows you to check crypto balances and make online transactions.