Top 10 Crypto wallets of 2020

If you're into Crypto, there are some certain very important things that you don't want to joke with. Things that are as important as the name "important" itself implies. Of all these very important things anyone that's into Crypto should care about whether you're a novice, an amateur or an enthusiast etc, is your Crypto wallet. As we all know, there are hundreds (if not thousands) of Crypto wallets out there, but few have proven themselves reliable more than the rest.

And out of those few that you can actually rely on, we're going to mention few that stand out among them (Of course we have more than 10 great Crypto wallets).

So below is the countdown to the top 10 crypto wallets of 2020

10) ELECTRUM WALLET

It takes place in the list of the best cryptocurrency wallet due to its experience and reliability. It is designed to use cryptocurrency as a regular payment method as it offers easy and straightforward solutions for conducting a transaction. More secure than online storage and uses a server to download the blockchain instantly.

Unlike most wallets and just like the likes of Bitamp wallet, Electrum is an open source wallet and it's development can be contributed to by just anyone. It offers a secure storage with its two stages of encryption. Electrum also has a user friendly interface and just anybody can get to understand how to go about anything on it in a minute. I'm not sure if theme of an app is what one should consider when choosing a wallet, but electrum sure offer a beautiful one if at all it's to be considered.

9) TREZZOR WALLET

If we consider hardware wallets only, then Trezor is the best Bitcoin wallet. It gives you the power to store your assets in cold storage and use it like a hot wallet. It can be safely used in a computer affected by malware. The size is small and can be carried easily. The screen is protected with extra layers, but the price is affordable.

Maybe their interface have seen a lot of attacks from critics and their inability to store ethereum and ERC-20 tokens in manners more preferred by Crypto users, Trezzor still stand to be one of the best if not the best hardware wallet to store your bitcoin straight and easy. I think why its use is more adopted among the hardware wallets is because of its portability. It is arguably the best hardware wallet. Trezzor is a wallet that can be easily carried around as it has the size of a MP3 USB player.

8) KEEPKEY WALLET

The KeepKey wallet is a hardware wallet and stores your keys in cold storage to keep them safe from computer vulnerabilities. A 12-word security key is generated in every device, while you can also retrieve it if you lost it. BTC, BCH, DASH, DOGE, ETH, LTC, and NMC cryptocurrency is supported, and you can complete the transaction using the software, which is Electrum and MultiBit.

Just like Trezzor, KeepKey is a hardware wallet that provides the strong service that hardware wallets are built to offer. It is currently the best HD wallet as far as security is concerned. It has the ability to resist any physical or virtual attack. Unlike Trezzor, KeepKey is not easily portable. It is not an hardware wallet like trezzor or ledger which can be easily carried around or pocketed as a result of its size. It is a wallet that's built for those that love to build a large portfolio.

7) JAXX LIBERTY WALLET

Jaxx is known as a multi-currency, multi-platform all-in-one cryptocurrency wallet operating since 2014. You can exchange more than 80 cryptocurrencies using the Jaxx wallet. Besides, it renders all the important features like transaction history, coin balance, and insights of a particular coin. Although this is not an open-source app, the source code is available online.

Jaxx Liberty wallet is a very good wallet that serves as a great alternative when you've been looking for a wallet that supports most of the tokens you wish your wallets are supporting but they don't. Apparently it's been around since a very long time and have gained the trust of a lot of users. Though, Exodus wallet now serves a great alternative for the Jaxx wallet as it now offers almost all that you'll need from Jaxx wallet and beyond, it's still a great one as most people have found refuge in it. The news module enhances the app’s value as it continually shares valuable updates and essential information on blockchain and cryptocurrency.

6) BRD WALLET

It is the first bitcoin wallet that renders a customer loyalty and rewards program. You can exchange BTC, BCH, ETH, and all ERC-20 tokens using the wallet. Besides, it is highly secured as it connects directly to the Bitcoin network. By using your device’s hardware encryption, it makes sure that your assets remain safe.

BRD is one of the wallet which came through early as a trusted Crypto storage for cryptocurrency adopters. It upped its game and offers a reward program where its users get rewarded for involving in some kinds of activity among which using the wallet is one. It's a wallet that uses a hardware encryption and ensure great security for the assets of its user. It's a wallet that can be used to purchase or sell bitcoin and other cryptos like bitcoin cash and ethereum. Though no desktop version of the wallet is available yet for use, the android and iOS version of the wallet can do everything you sure need a great wallet to do.

5) COPAY WALLET

A company called Bitpay created Copay. Bitpay has enabled many businesses to allow bitcoin as the payment, and that is why Copay is the most accepted bitcoin wallet around the world. A light node wallet uses simple processes to complete a transaction, although two-factor authentication is not available.

You probably might have not heard about this particular wallet before but it offers a great service and that's why it has a pretty widespread adoption globally. Copay is not among those wallets you will hear of every now and often, but a wallet that offers more than what you think. Copay wallets is one of the best wallets that supports bitcoin and bitcoin cash. Although it supports bitcoins, only multiple wallets alongside multiple signatures are also offered by this best BTC wallet. It allows for easy means of payment on online platforms that allows the payment of bitcoin for purchasing stuffs online e.g Amazon.

4) ZENGO WALLET

From the beginning of their crypto journey, people often get overwhelmed with the complexity of cryptocurrency exchange. ZenGo was introduced to solve this problem by buying, storing, and earning cryptos as simple as possible. It is the first keyless wallet, making the setup process as easy as possible, without compromising security – only you can access your digital assets. You have full control over your funds.

The first Keyless Crypto wallet as it's mostly referred, ZenGo offers the Crypto wallet experience that's new to the game and most Crypto wallet users have not experienced before while still retaining the security measures to make her users feel safe alongside it. ZenGo Security is maintained using innovative MPC cryptography that distributes a secret shared between your device and ZenGo servers to enable you to complete your transaction with maximum security. Zengo proves further that the convenience of its user is the number one priority as it offers more easier gateway to buy bitcoin and altcoins in its wallet. You can buy the cryptocurrency of your choice in your wallet using MasterCard, Visa, Apple Pay etc.

3) BITAMP BITCOIN WALLET

When it comes to Bitcoin transactions securely, it is one of the best open source cryptocurrency wallets available out there. Besides, it does not expose your identity to ensure your privacy. It uses javascript to enable you to use your browser to send or receive bitcoins worldwide instantly.

Bitamp Bitcoin wallet is mostly referred to as client-slide, open source software which offers a very simple and smooth user interface which requires almost no prior knowledge of how to operate a wallet before you can quickly send and receive your bitcoin. Yes, it appears that this wallet is mainly designed for the bitcoin people even though that does not completely mean that other Crypto assets are not allowed on it. Bitamp offers a safe experience as none of your data is transmitted. Bitamp does not offer 2-factor authentication, but is sure a very safe wallet for those dealing with bitcoin. In one word, you're solely responsible for your security when you're using Bitamp Wallet.

2) EXODUS WALLET

Exodus can be easily referred to as one of the best crypto wallets as it offers desktop, mobile, and hardware wallets for its users. It is known for its hassle-free use. Again, it gives you the power to exchange between multiple platforms. If you are a newcomer, you can kickstart with this top bitcoin wallet.

Based on experience, the Exodus wallet is a very nice wallet which even carries more coins and tokens most other Crypto wallets don't and can't. It offers a very good security for those Crypto holders whose main fear is to not lose their assets. The only thing abour the Exodus wallet unlike most other wallets is that it is more like an hardware wallet. Exodus is a wallet which you install on a computer and all your assets are in the wallet on the computer. To break it down, you can't access your coin on another computer until you transfer your coins to the exodus wallet installed on the other computer. That's why most people end up installing it on a drive which they can manually carry around and connect it with another computer so as to quickly access it if the case may rise. If you're that type that prefer your assets to be accessible by you in a very fast way on any device you want as quick as possible, then exodus might not actually be your choice because your stuffs are not stored in the cloud. It is mostly used by those that have huge Crypto assets to store and won't worry for a every now and then access.

1) COINBASE WALLET

Coinbase has already earned the reputation of rendering one of the most secure crypto trading platforms. Besides, all the cryptocurrencies that investors store on the server are covered by the insurance policies offered by Coinbase. You can further associate your bank account and start selling or buying using your wallet.

Coinbase has proven to be the best Crypto wallet to be used especially by the US citizens as it's limited to the US. It's safe to say coinbase is a very safe wallet because every dollar that you put in it is backed by the US government. Their provision of high security has projected them to the number one position of the wallet you have your stuffs in and can sleep with the belief that your assets are very safe. Coinbase also offers a very friendly user interface that allows a quick and easy interaction with her users even if the user happen to be a novice. Investors like a very safe place to keep their money, and that explains why coinbase has a huge number of investors. Coinbase offers one of the easiest way to get started and get a Crypto wallet up and running.

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This is definitely my last post on read.cash for the year 2020. It's been a great experience with you guys. Happy new year in advance to you all💥💫, I love y'all💖. In fact, let's do it again next year shall we?😊