If you are curious about investing in cryptocurrency this year, you have to do your due diligence.
Aside from investing in a reliable cryptocurrency, you also have to get the best and most reliable crypto wallet. This is where you will store your money. So it’s needless to say that it’s very important.
Let’s review some of the best crypto wallets in 2022.
1. Exodus
This is one of the more preferred crypto wallets for beginners. It allows novices to manage their crypto portfolios using only one interface. So it’s a fuss-free and beginner-friendly crypto wallet.
Aside from storing money, you can also buy, trade, and earn interest via staking.
Exodus also offers hardware wallet support and accessible customer service. But the downside is, it is also closed software. So like other crypto wallets with closed software, you will not be able to inspect vulnerabilities.
2. Electrum
Electrum is a Bitcoin-only crypto wallet. It has an unparalleled 10 years of experience as a Bitcoin storage solution, so rest assured it is a very reliable crypto wallet.
And since it’s open-source software, it’s a very easy, safe, and secure means to store, manage, and transfer bitcoin payments.
The downside is, it’s not the easiest to navigate through. Many may find it a bit complex. And oh, you may only use it for Bitcoin cryptocurrency, nothing else.
3. Guarda
Guarda is one of the newer kids on the block and it was just launched in 2017. Though a new player, it managed to be one of the more secure crypto wallets in the market.
It enables face ID authentication for a wallet. It also has impeccable security features that can help you protect your money better from scammers who want a taste of it.
You will also love how accessible their customer service is.
And for the downside, it can entail heftier fees for crypto purchases. ‘
4. Coinbase
Coinbase is a multi-access crypto wallet that can secure hundreds and thousands of cryptocurrencies. It is also one of the more popularly used.
The Coinbase crypto wallet also offers lower fees in cryptocurrency exchange. That’s also the reason why it’s a popular choice for many. You may also be able to store NFTs.
And both beginners and experienced in cryptocurrency can find it suitable.
The downside is, it may not be the best when it comes to customer service. And it is also a close source crypto wallet.