Top 10 Best Crypto Wallets: Free in 2022
Are you looking for the best wallet to store your cryptocurrency? are you tired of storing your crypto in fraudulent wallets? your answer is probably “Yes”. But come to think of it, why did I ask all these questions, when I know that’s the main reason you are reading this article right now?
In this blog post, I’m going to list the 10 safest wallets to store your cryptocurrency in other to avoid losses. I vividly remember how I lost $1000 back in 2021 in cryptocurrency, it was a painful experience but there was nothing I can do.
Before we move forward to list the wallets and their features, why not know precisely what a crypto wallet is?
What is Cryptocurrency Wallet?
A cryptocurrency wallet is software or hardware that allows you to Buy, Store and retrieve your assets. These wallets are available for almost all mobile and Laptop devices.
In addition, if you are new to the crypto world and would love to know more about cryptocurrency and how you can make money with them, then you should check out our previous post which talks about how to make money with Cryptocurrency. In that post, you will get to know more about Binance and how you can start earning some free cash from the little tokens in your wallet.
Following is a list of crypto wallets I have personally used and have tested all their features and I could say, yes they are the best in the industry for everyone to use for either trading, buying or storing their crypto.
- Trust wallet
- Trezor Wallet
Binance is the world’s most known and accepted platform for trading cryptocurrency. Binance is an exchange platform that offers numerous wallets for you to store all kinds of cryptocurrency and also allows you to trade over 150 cryptocurrencies. Binance is referred to as the best trading platform because it provides an API key that enables you to integrate it with your current trading application such as RoyalQ.
Note: We have two binance companies, so when signing up, make sure to confirm you are not signing up for the wrong one. Binance.com isn’t available in the United State, so if you are from the USA, you should use Binance.us.
However, Binance.us is mainly for residents of the United State alone. Nonetheless, Binance.us is also owned by binance.com and they are partners with BAM trading service.
Features of Binance:
- The safest platform to store your cryptocurrencies.
- They provide 24/7 support.
- Top-level security.
- Lowe trading and transaction fees.
- It’s compatible with iOS, Android PC and Web clients.
- It does 1.2 bn on average daily trading volume and over 1,500,000 transactions per second.
- They provide both advance and basic exchange interfaces for trading.
- Multiple options to buy and sell your assets.
- They provide over 9 ways to make money with your assets that are stored in their wallet.
- Easy to integrate with other trading platforms.
- Use my Referral ID 307177791 and get up to 5% commission kickback.
Trust Wallet is a cryptocurrency wallet mainly made for iOS and Android devices. Trust wallet provides you with secure keys that keep your assets from unauthorized access. They support multi-coin options and allow you to add coins that are not yet listed through the contract address.
Trust wallet allows you to buy cryptocurrency with your Credit card from secured and low-fee exchanges, and also allows you to swap between multiple coins.
Features of Trust Wallet:
- They support Decentralized apps (Dapps browser).
- You can start earning interest with their flexible starting option.
- They support multi coins.
- It provides Top Level of Security (TLS).
This is another awesome wallet to store your cryptocurrencies, it allows you to buy over 2000 cryptocurrencies with over 20 fiat currencies. Crypto.com obtain the top security and compliance standards.
However, crypto.com is not worldwide, it has location restrictions at the moment we pray it because worldwide soon. Crypto.com provides its eligible users with a visa card that will make it easy for its user to easily make use of the assets whenever they want.
Note: I haven’t used this wallet, so everything I said about it, is based on research and what others have said about it. Though I have international friends who use it and they told me their experiences with it.
Coinomi is a security-first multi-chain wallet for both desktop and mobile devices that provides native support and ownership for over 125 blockchains.
All assets in your coinomi wallet are in crypto value because coinomi doesn’t hold fiat currency.
- Superb security.
- Provides Multi-chain
- It provides 24/7 live support.
- Coinomi offers Zero transaction fees. E.T.C.
Trezor is a hardware wallet that allows you to store your cryptocurrency. Trezor is a physical wallet that you can easily plug into your computer or smartphone. With Trezor, you can easily generate a random pin code that keeps your wallet safe and secured.
Exodus is a single application that helps you manage, exchange and secure your assets. Exodus is considered one of the best cryptocurrency wallets because of its ability to integrate with offline hardware wallets such as Trezo. Exodus allows you to exchange between multiple types of cryptocurrency in other to diversify your portfolio.
Exodus multi-device wallet meaning you can use either their mobile app or sim[ly download their desktop app, making it very easy for you to monitor the crypto market movement on the go.
Electrum is still one of the oldest and best cryptocurrency wallets available in the crypto market. Electrum offers one of the best privacy features and keeps your assets secure.
Electrum can be easily integrated with other hardware wallets such as Ledger Nano, KeepKey and trezor in other for you to monitor and have complete control over your assets even when you are offline.
With Electrum, you will never experience loss of funds or any theft-related issue.
Pionex is well known for its built-in cryptocurrency trading bots. It’s one of the biggest finance brokers and also the biggest market makers of the huobi in the globe. Your assets are 100% safe with Pionex wallet because they are stored in some of the world’s most trusted exchanges such as Binance and Huobi global which has the world’s class TLS ( Top Level Security ).
Atomic wallet seems to be one of my favourite wallets because of its ability to manage over 300 coins such as BTC, LTC, XML other tokens. One of the best features of Atomic wallet is that it helps you to instantly exchange and get cashback.
Features of Atomic wallet
- You have full control of your funds.
- It allows you to buy top-level cryptocurrencies such as bitcoin, Ethereum, litecoin and more.
- They have awesome support either through mail or live chat.
- They also give you an option for you to earn commission from your coins by staking them.
Robinhood crypto wallet
Robinhood is popularly known for its commission-free stock trading and investing. However, Robinhood now offers a crypto wallet for its users to send and receive assets with other exchanges and crypto wallets.
Features of Robinhood
Robinhood has a Transfer Limit of $3,000 worth of cryptocurrency or not more than 10 transfers in 24hrs period.
Unlike other crypto wallets and exchanges, Robinhood doesn’t have any extra fees when sending or receiving cryptocurrency. However, you should know that every crypto chain transaction incurs a little fee often referred to as either a mining or gas fee.
Here are some articles you might want to look into.
What is Binance? : how to make money with Cryptocurrency?
I’m not a financial adviser, I share with you my own experience. When venturing into the world of crypto, you should first educate yourself about the risk involved. The more you invest in cryptocurrency the higher the risk involved, so if you are a neophyte, make sure to invest what you can lose.
This post contains affiliate links.