When you start using and trading cryptocurrencies, you need to have reliable and secure wallets to store, send, and receive your cryptocurrencies. That’s why finding a reliable wallets provider is a challenge especially if you have invested a lot of money in different crypto projects. There are several types of wallets for cryptocurrencies. If you are new to the world of cryptocurrencies, I recommend that you opt for wallets included on a exchange platform. Although these wallets have fewer options than other types of wallets, they are much easier to handle, since you can use them without having to configure different options. In addition, this will avoid you having to use and manage multiple separate wallets. However, it can be difficult to choose from the many platforms that offer cryptocurrency wallets. This is why I suggest you discover the advantages of those I consider to be the best that I have been using for years now with no issues at all.
The advantages of a Coinbase wallet (Recommended for US users)
Who does not know Coinbase, the benchmark for exchanges, and it is also the benchmark for wallets. Coinbase wallet is very reliable, simple and intuitive. In addition, it is perfectly suited to businesses and duly secure thanks to its two-factor authentication. Another of its big advantages is to offer two types of wallets. The first is basic for beginners while the second offers many more options for more experienced users. It offers for example a multi-signature system which will be very appreciated by companies.
Advantages of a BitBay wallet (Recommended for European users)
Like Coinbase, BitBay is a complete platform that allows you to buy and sell a large number of cryptocurrencies, and also to store, receive and send them thanks to its integrated wallets. In addition, you can enjoy excellent security, in particular by activating two-factor authentication. But its main asset is certainly its simplicity, which makes it a very good choice for people who are new to the crypto world and who do not want to bother to use and manage multiple separate wallets.
Advantages of a Binance wallet (Recommended for Global users)
Binance also offers a complete interface that will allow you to benefit from an exchange platform and online integrated wallets. It is very simple to use since it will only take few clicks to configure a wallet. It also allows you to store a large number of cryptocurrencies, making it the ideal choice if you are new to the crypto world and want to try different cryptocurrencies.