Since Bitcoin's emergence in 2009 it has become the first thing people think about when the word crypto or blockchain comes up. While cryptocurrencies like Bitcoin are highly volatile, they don't seem to go away. One Bitcoin is still worth thousands of dollars today. One might use waited to store their Crypto currencies securely. For this the wallet must also retain some good properties that you use. So in this Article I am discussing about To 5 wallets that you should use
EXODUS
Type of wallet: Hot wallet
Purchase cost: Free
Compatible hardware wallet: Trezo
Exodus currently allows for swaps between over 100 different cryptocurrencies. This wallet is the best wallet for beginners.
Properties -
Huge variety of cryptocurrencies.
Built-in exchange.
Good customer support.
ELECTRUM - The wallet have been originated in 2011. It allows its customers to enable 2 FA code authentication. Here there are many coins in which you can store your asset. With a less fees you can easily withdraw and send any coin in this wallet. This is mainly for those who are interested in BTC i.e Bitcoin and is specialiezed by many features.
Properties - C
Customizabletransaction feesG
Greaterlevel of security than most hot wallets
Ability to customize seed phrase
MYCELIUM- This is a hot wallet with many advantages. There is no purchase cost. Mycelium is an open-source and mobile-only Bitcoin wallet. So you may not store any other Coin instead of Bitcoin(BTC).
Properties -
Customizable transaction fees
Ability to use hardware wallets
Open-source software
LEDER NANO X - Best wallet. Cost price 119$. This is a second generation hardware wallet introduced by a French company.
Warning! In 2020 there was a severe hack in Ledger Nano X. Customers experienced great loss for this hack.
TREZOR - TREZOR is a cold wallet where you can store your CryptoCurrency. This wallet is quite a costly wallet. It costs 170$. It gives the user to access to third party exchanges like Changenly and Shapeshift.