Storing cryptocurrencies is important as same as investing crypto-assets. A Crypto wallet is a form that is used to store cryptocurrencies. After the world’s leading cryptocurrency “Bitcoin” was initiated, the first crypto wallet was introduced by the creator of bitcoin Satoshi Nakamoto. Nowadays there are many crypto wallets in many forms such as hardware wallets, software wallets, and paper wallets. But paper wallets are a bit obsoleted. Therefore, the best crypto wallets consist of hardware and software forms. This context consists of the best hardware and software wallets in the year 2021!
Ledger Nano S (Hardware Wallet)
Ledger Nano S is one of the most popular hardware wallets. In the current scenario, it supports more than 1000 cryptocurrencies and it keeps developing to support many more virtual currencies. This provides more secure storage due to its unique operating system. The private key is within the device. In simple terms, private keyword operation is offline. Since Ledger Nano S works offline, it does not subject to any cyber-attacks. On the other hand, Ledger Nano S is made out of stainless steel; it has a very less probability of been damaged. The price of the device is about $59. The only drawback of Ledger Nano S is, it can be only run on google chrome while the device is connected to the internet.
Trezor (Hardware Wallet)
Trezor supports Windows, Linux, Max operation systems and it is one of the best android wallet apps. Trezor is capable of ensuring the security of your assets by its two-factory authentication; password manager app and compatibility with ERC-20 tokens. Trezor supports coins such as Bitcoin, Dash, and Ethereum. Trezor has finished as a bulletproof device. The connectivity of the device is established by the USB adaptor, this allows you to manage the software of the device. This device costs about $60 and above.
KeepKey (Hardware Wallet)
Since the price of KeepKey is $49, it is one of the most affordable hardware wallets under market existence. KeepKey device is with a large screen that can facilitate the full cryptocurrency address to appear at once. While considering the security features, this has a pin code and recovery seeds. The most amazing feature of KeepKey is the pin code switches from time to time ensuring protection from malware.
Coinbase (Software Wallet)
Coinbase is considered to be a hot wallet/software wallet. The users are able to download Coinbase totally free. But while performing transactions you have to bear a certain transaction fee. Averagely this fee is around 3.75% per transaction. This is one of the most popular wallets among the global cryptocurrency community because of its accessing flexibility. Since Coinbase operates in an online manner, it is subjected to hacking threats.
Exodus (Software Wallet)
Exodus is a desktop/mobile wallet with a simple interface. This is popular as the best wallet for beginners because of its supportive features. The private keys and the most relevant details are explained in a more understandable method. This allows the operations of over 100 different crypto coins. But Exodus also suffers from security threats such as hacks
