Best Cryptocurrency Wallets to Use in the Philippines
Hello everyone It's me again @Oslec08 , Mobile cryptocurrency wallets, multi-crypto wallets, desktop, and hardware wallets, check out wallets where you can store your crypto in this article. A cryptocurrency wallet is a piece of software or application where you **stor*e your Bitcoin, ether, or any other virtual currencies that you have. Think of it like the wallet where you store your money. You put your paper bills in the wallet. Everyone knows you have a wallet *(unless you don’t, which is very very alarming)*, but only you can take the money out of your wallet. Continue reading if you want to know more about cryptocurrency wallets not just for btc but for all coins.)
**Private and Public Addresses** The cryptocurrency wallet has private and public keys (or private and public addresses). When you send your friend John an altcoin, you send it to his public address. **Remember that blockchain is a public ledger** Everyone John transacts with knows his public address. Everyone even knows *how much* altcoin is in his wallet. But only John can take the coin out of that wallet. That’s because he’s the only one who knows the private key (or private address) to open his wallet. Characteristics of Best Cryptocurrency Wallets Wallets come in different forms. there are different wallets for different cryptocurrencies. Well, there are wallets where you can put many coins. Examples are wallets on cryptocurrency exchanges (like the one on Bittrex). But wallets on an exchange are not secure. Furthermore, because exchanges trade millions of Bitcoin per day, they are a prime target for hackers. I will list down the best cryptocurrency wallet for users in the Philippines. Note: Every wallet listed here are wallets that you can freely download. Technically, all wallets are available globally, but some, like Abra, Coins, and Bitbit also have a team on the ground in PH. Some provide a watered-down version of their platforms, like Coinbase that only allows us to store our coins. Meaning, its wallet functions are available to us. But their other features, like quick exchange and trading are not available for users in the country. Best Cryptocurrency Wallets for Philippine users Online Wallets these are wallets you can access online, either on a web browser and/on a mobile device. These provide convenience although most of the time because they are connected to the Internet. However, most of them control your private keys. They are called “hot wallets” because of that. **Coins.ph**
**Supported Coins** Bitcoin (BTC) Ethereum (ETH) Ripple (XRP) Bitcoin Cash (BCH) Peso (Php) Note: PH-based and has a mobile app **Bitbit.cash**
**Supported Coins** Bitcoin (BTC) Note: PH-based and has a mobile app **Abra**
**Supported Coins** Basic Attention Token (BAT) Bitcoin (BTC) Bitcoin Cash (BCH) Bitcoin SV (BSV) Dash coin (DASH) Ethereum (ETH) Ripple (XRP) Lite coin (LTC) And more crypto coins supported check here Abra https://support.abra.com/hc/en-us/articles/360001777311-What-Cryptocurrencies-does-Abra-support- Note: You have access to your private keys via recovery phrases **MyEtherWallet**
**Supported Coins** ether ,ethereum-based coins Note: You control your private keys **Blockchain.info**
**Supported Coins** Bitcoin (BTC) Bitcoin Cash (BCH) Ethereum (ETH) Stellar (XLM) USD Digital (USD-D) which was previously referred to as USD PAX. Note: your private keys are encrypted with your password and has mobile wallet. Do not send any other cryptocurrencies to Blockchain.com Wallet addresses; you will not be able to access those funds if you do. The Blockchain.com Wallet is a cryptocurrency only wallet, and it is not possible to store fiat currencies in the Wallet. **Litevault**
**Supported Coin** Lite coin (LTC) Note: your private keys are encrypted with your password **Coinbase**
**Supported Coin** Bitcoin (BTC) Bitcoin cash (BCH) Litecoin (LTC) Ethereum (ETH) And for other coins supported check here Coinbase https://help.coinbase.com/en/coinbase/getting-started/general-crypto-education/supported-cryptocurrencies **Desktop Wallet** Desktop wallets are software wallets that sit on your computer and are generally secure. They range from easy-to-use to complicated-looking user interface. Most of the time you control your private keys. Some, like Exodus, offers the ability to convert your coins to another via its Shapeshift integration (this means you can trade your coins instantly to any other supported coins). **Exodus**
**Supported Coins** Bitcoin (BTC) Dash (DASH) Bitcoin Cash (BCH) Ethereum (ETH) Check here more supported coins Exodus https://www.exodus.io/status/ Note: Has MacOS/Linux versions and Mobile version. You control your private keys and it has Shapeshift integration. **Electrum Wallet**
**Supported Coin** Bitcoin (BTC) Note: You control your private keys **Bitcoin Core Client** https://bitcoin.org/en/download
**Supported Coin** Bitcoin (BTC) Note:The original client, it downloads the blockchain and you control your private keys Hardware Wallets Hardware wallets are the real deal. You can say it puts your Bitcoin offline, but technically, you put your private keys offline, away from the Internet where everything can be hacked if you’re not careful. They are also generally expensive. However, many cryptocurrency websites agree on one thing – they are probably one of the most secure ways of keeping your coins safe. **Ledger Wallet** https://www.ledger.com/
**Supported Coins** https://www.ledger.com/supported-crypto-assets Note: You Control your Private Keys. It can also hook with other wallets **Trezor Wallet** https://trezor.io/
**Supported Coins** https://trezor.io/coins/ Note: You control your private keys. Also, if you have Loyal Coin and other NEM mosaics, Trezor can keep them. **Keepkey Wallet** https://shapeshift.com/keepkey
**Supported Coins** https://keepkey.zendesk.com/hc/en-us/articles/360003047479-What-Digital-Assets-Does-KeepKey-Support- Note: You control your Private key **Bitlox** https://www.bitlox.com/
**Supported Coin** Bitcoin (BTC) Note: You control your private keys
4 comments
I only got coins.pH and coinbase wallet. And im satisfied with both, since I don't have much of Cryptos. Thank you for sharing
Wow very informative. But may I ask if is true that coins.ph has high transaction fee?
yes that's why they use coins pro
I think exodus is much better than using online wallet like abra or coins