10 Best Crypto Wallets for Beginners in 2023
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Navigating the world of cryptocurrencies can be overwhelming – especially for beginner traders. As more and more people become involved in the crypto market, understanding the importance of secure digital currency storage becomes crucial.
Considering that, this guide discusses the best crypto wallets for those just beginning their journey into the world of digital assets. We'll explore the various types of crypto wallets available to traders before providing a quick-step walkthrough showcasing how to set up a secure wallet in minutes.
List of the Best Cryptocurrency Wallets
As experienced traders will know, identifying the best crypto to buy is just one part of the investment process – finding a safe and secure crypto wallet is just as important. Taking this into account, listed below are ten of the best Bitcoin wallets available to use right now:
- eToro – Overall Best Crypto Wallet for Beginner Traders
- OKX – User-Friendly Crypto Wallet with NFT Support & DEX Aggregator
- Binance – World’s Largest Exchange with Free Crypto Wallet App
- MetaMask – Best Crypto Wallet for Multi-Chain Support
- Trust Wallet – Binance-Owned Wallet Provider with 25m+ Users
- Coinbase Wallet – Beginner-Friendly Crypto Wallet with Biometric Verification
- Ledger – One of the Best Crypto Hardware Wallets for Market Newcomers
- Crypto.com DeFi Wallet – DeFi Crypto Wallet with Full NFT Support
- Exodus – Super-Popular Bitcoin Wallet with Customizable Interface
- ZenGo - Best Bitcoin App Boasting Multi-Party Computation & 3D FaceLock Technology
Reviewing the Best Bitcoin Wallets for Beginners
According to Statista, there were over 8,600 cryptocurrencies in existence in February 2023 – nearly double the number seen in February 2021. This highlights the rapidly-growing nature of the crypto market, which has naturally increased the need for secure wallet options.
So, without further ado, let’s dive in and take a closer look at the top cryptocurrency wallets for beginners:
1. eToro – Overall Best Crypto Wallet for Beginner Traders
Kicking off our discussion of the best crypto wallets for market newcomers is the wallet offered by eToro. eToro is one of the world's largest online brokers, estimated to have over 28 million clients. Most of eToro's appeal stems from its cost-effective fee structure and massive range of assets, including 80 cryptocurrencies.
However, we'll focus on the eToro crypto wallet, known as "eToro Money." This crypto wallet supports over 120 coins/tokens and can be downloaded for free on iOS and Android devices. The wallet's interface is clean and straightforward, making it ideal for market newcomers.
As an online Bitcoin wallet, eToro stores users' crypto holdings in "hot" storage. Importantly, this doesn't come at the expense of security since the eToro wallet has several valuable security features. These features include an unlosable private key, meaning users can recover their wallet's holdings if they ever lose their login information.
Another exciting feature is that users can instantly swap one coin/token for another from directly within the wallet's interface. For example, users who wish to invest in new cryptocurrencies can do so in just a few taps – without using the eToro trading app.
The eToro wallet also syncs across all the user's devices so that crypto assets can be managed on smartphones and tablets. Regardless of the device, the eToro wallet features high-level security features like DDoS protection and advanced standardization protocols to protect users' holdings.
Notably, there are no fees associated with using the eToro crypto wallet. The only fees that users must be aware of are network fees charged by the related blockchain. These network fees vary depending on the network's congestion level, so it's essential to bear this in mind before making transfers.
Ultimately, whether an investor is interested in new crypto launches or well-established projects, the eToro crypto wallet is one of the best places to store digital assets safely. With a user-friendly interface, advanced security features, and a no-fee setup, this wallet is perfect for market newcomers.
|Type of Wallet||Software|
|Number of Supported Cryptos||120+|
|Fee to Buy Bitcoin||1% transaction fee|
2. OKX – User-Friendly Crypto Wallet with NFT Support & DEX Aggregator
Another hugely popular crypto wallet app suitable for beginners is the OKX wallet. OKX describes its wallet as a "portal to Web3" since it contains various helpful features, including crypto asset storage, NFT support, and a decentralized exchange (DEX).
The great thing about the OKX wallet is its cross-chain support. At the time of writing, the wallet supports crypto assets from over 50 networks, including Ethereum, Polygon, Avalanche, and OKTC. Much like the eToro wallet, the OKX wallet’s interface is easy to navigate and doesn’t feature any complex jargon, making it suitable for beginners.
OKX’s wallet is also highly compatible with a range of devices. It can be downloaded for free on iOS and Android smartphones, although it’s also available on Windows and MacOS computers. The wallet’s features sync across all devices, so users can seamlessly transition from one to another.
This is also one of the top crypto wallets for those interested in NFT investing. The OKX wallet features a "one-stop NFT aggregator platform," which supports 11+ networks and offers free creation and trading services. This platform features some of the world's most sought-after collections – including DeGods and Bored Ape Yacht Club (BAYC).
Aside from checking out the best NFTs to buy, wallet users can also earn a yield on their crypto assets. This works through the "Earn" feature, which has various subcategories, such as "Save" and "Farm." The feature uses DeFi protocols to maximize users’ earnings potential; for example, ETH holders can receive an annual percentage yield (APY) of over 5%.
Finally, the OKX wallet has a DEX and bridge aggregator that instantly lets users swap tokens across many top blockchains. Due to this and the features mentioned above, the OKX wallet is undoubtedly one of the best crypto wallets available right now.
|Type of Wallet||Software|
|Number of Supported Cryptos||3,000+|
|Fee to Buy Bitcoin||Maker-taker fee based on 30-day trading volume|
3. Binance – World’s Largest Exchange with Free Crypto Wallet App
Binance needs no introduction as it remains the world's largest cryptocurrency exchange, facilitating daily trading volumes of over $10.7bn. The exchange offers its own crypto wallet that links to the BNB Chain – Binance's own blockchain network.
Unlike other top cryptocurrency wallets, the Binance wallet is structured as a browser extension, downloading on Google Chrome and other leading platforms. It's free to download and use, enabling Binance users to store and manage their crypto holdings while interacting with other assets on the BNB Chain and Ethereum.
Since the Binance wallet is inherently linked to the Binance exchange, users can instantly transfer their holdings from the latter to the former. The wallet supports over 350 cryptos and allows users to buy crypto instantly using a bank transfer or credit/debit card.
Those looking to explore the Binance ecosystem further can check out the exchange's NFT marketplace and earnings protocols. Binance is also fantastic for active investors since it allows anyone to set up recurring buy orders to purchase specific assets at regular intervals.
Finally, the Binance crypto wallet enables users to send and receive crypto using QR codes instantly. This feature is essential for newcomers, as it mitigates the risk of using an incorrect wallet address and potentially losing funds forever.
|Type of Wallet||Software|
|Number of Supported Cryptos||1,000+|
|Fee to Buy Bitcoin||0.1% trading fee|
4. MetaMask – Best Crypto Wallet for Multi-Chain Support
Those seeking the best cryptocurrency wallet may also wish to check out MetaMask. MetaMask is used by over 30 million people worldwide and acts as a “gateway” into the world of Web3. Wallet users can interact with thousands of dApps, store NFTs, and even participate in gaming platforms.
One of MetaMask’s best features is its multi-chain support. The wallet can hold tokens minted on various networks, such as Ethereum, BNB Chain, Avalanche, and Polygon. It's also free to download and available as a browser extension or a smartphone app.
Beginners pondering “Is cryptocurrency a good investment?" will easily be able to discover new assets through MetaMask’s token exchange feature, which allows users to buy, store, and swap coins/tokens instantly. Interestingly, MetaMask also has a built-in DeFi browser that enables users to utilize thousands of dApps, providing scope for limitless earnings opportunities.
Importantly, MetaMask also gives users a "self-custody" option. This means that users can retain complete control over their private keys – a rare feature for online wallets. As such, MetaMask doesn't store any data about the wallet, which reduces the risk that the wallet could be subject to a cyberattack.
|Type of Wallet||Software|
|Number of Supported Cryptos||500,000+|
|Fee to Buy Bitcoin||Varies depending on provider (e.g. 3% for card purchases)|
5. Trust Wallet – Binance-Owned Wallet Provider with 25m+ Users
Trust Wallet is a wallet provider owned by the Binance exchange, offering support to over 40 blockchains and 160,000+ coins/tokens. This wallet is used by more than 25 million people and is designed to streamline the buying, selling, and storing process for beginners.
With Trust Wallet, users can quickly backup and restore their accounts using a recovery phrase – a handy feature that safeguards newcomers. Trust Wallet doesn't collect personal data from users and can be downloaded for free on Android or iOS devices.
Trust Wallet's main appeal is its user-friendliness since it allows users to instantly buy crypto using a credit/debit card from within the app. The wallet also has a token-swapping feature and an earning protocol, allowing users to generate interest on their idle crypto holdings.
Like other top crypto wallets, Trust Wallet also allows users to explore the world of NFTs and dApps. Users can store their NFTs safely while checking out the latest dApps – including blockchain-based games. Finally, given that the wallet is owned by Binance, users also benefit from the safety and security associated with the exchange.
|Type of Wallet||Software|
|Number of Supported Cryptos||160,0000+|
|Fee to Buy Bitcoin||0.1% transaction fee|
6. Coinbase Wallet – Beginner-Friendly Crypto Wallet with Biometric Verification
Coinbase is one of the most popular exchanges for those looking to make money with cryptocurrency since it has a stellar reputation due to its safety, asset selection, and regulatory approval. This exchange also offers a dedicated crypto wallet, free to use and available on smartphones, tablets, or as a Google Chrome extension.
Notably, the Coinbase wallet is a self-custody wallet – so users will have complete control over their crypto assets. The wallet supports over 100,000 coins/tokens, yet it also allows users to store their Ethereum and Polygon NFTs in the same place.
Coinbase allows users to bolster the security level even more by enabling two-factor authentication and biometric verification. Aside from its security features, the wallet also excels since it essentially acts as a handheld crypto exchange. Users can instantly buy and sell coins/tokens using a credit/debit card and even withdraw funds to an external bank account.
Since the Coinbase wallet provides access to the decentralized web, users can also make the most of the universe of DeFi apps available to them. Several opportunities are available in this regard, such as using liquidity pools to generate a yield or even taking part in a decentralized autonomous organization (DAO).
|Type of Wallet||Software|
|Number of Supported Cryptos||100,000+|
|Fee to Buy Bitcoin||0.3% for DEX transactions|
7. Ledger – One of the Best Crypto Hardware Wallets for Market Newcomers
The Ledger crypto wallet is a hardware wallet widely considered one of the safest ways for traders/investors to store their digital assets, whether that be cryptocurrencies or NFTs. This is because it uses "cold storage," meaning users' private keys are kept offline and safe from threats.
Two types of Ledger wallet are on offer – the Ledger Nano X and the Ledger Nano S Plus. The former is particularly interesting since it doesn't just boast USB functionality, but it can also connect to devices via Bluetooth. Regardless of which is chosen, Ledger wallets support over 5,500+ crypto assets and allow users to buy, sell, swap, and stake their coins easily.
The Ledger Live app also allows users to manage their crypto holdings like an "online" wallet while benefitting from cold storage. This app lets users check their real-time balances, track their transaction histories, and access staking opportunities. Ledger even sells physical "chains" that allow crypto-savvy individuals to wear their Ledger wallet around their neck!
|Type of Wallet||Hardware|
|Number of Supported Cryptos||5,000+|
|Fee to Buy Bitcoin||Varies based on exchange used|
|Mobile App?||Yes (Ledger Live)|
8. Crypto.com DeFi Wallet – DeFi Crypto Wallet with Full NFT Support
As many will know, Crypto.com is one of the top crypto exchanges globally and offers its own DeFi wallet app, which is downloadable for free. This wallet is non-custodial and can be downloaded as a smartphone app or a browser extension. Either way, the wallet supports over 700 coins/tokens and can access 20 blockchain networks.
As expected, the Crypto.com DeFi wallet mainly focuses on providing users with access to the world of decentralized finance. Users can browse thousands of dApps and maximize their crypto holdings using the hottest lending/yield farming protocols.
This wallet even has full support for NFTs and allows users to view and share their digital assets on social media. Finally, the Crypto.com DeFi wallet can even be linked to a Ledger hardware wallet, which adds another layer of protection for those transacting and interacting with dApps.
|Type of Wallet||Software|
|Number of Supported Cryptos||700+|
|Fee to Buy Bitcoin||0.4% per transaction|
9. Exodus – Super-Popular Bitcoin Wallet with Customizable Interface
Exodus is a desktop/mobile wallet application that allows users to store and manage over 260 cryptocurrencies and NFTs. This wallet has multi-chain support, making it ideal for those that regularly interact with networks like Solana, Ethereum, and the BNB Chain.
The Exodus wallet is all about functionality, with users able to instantly buy crypto using a credit/debit card or bank transfer. Exodus also allows users to withdraw funds to an external bank account or even their PayPal account. Another cool feature is that users can quickly exchange one token for another without completing extensive KYC checks.
Most users praise the Exodus wallet for its beautiful interface, which can be customized with various themes and skins. Like most wallets, Exodus also provides access to the world of DeFi, allowing users to generate a yield on their assets. Finally, the Exodus wallet can even be linked to the hardware wallets offered by Trezor, enabling users to boost their security level.
|Type of Wallet||Software|
|Number of Supported Cryptos||320+|
|Fee to Buy Bitcoin||Spread + 2% processing fee|
10. ZenGo – Best Bitcoin App Boasting Multi-Party Computation & 3D FaceLock Technology
Rounding off our list of the best crypto wallets for beginners is ZenGo. ZenGo is a popular self-custodial wallet that has no seed phrase vulnerability. This essentially means that the risk of a user's seed phrase being compromised is extremely low, meaning that the likelihood of cyberattackers gaining access to the wallet is minimal.
ZenGo could be the best Bitcoin wallet for beginners since it allows users to instantly buy crypto using a credit/debit card, bank transfer, or even Apple Pay. Additionally, ZenGo also provides scope to use biometric verification and “3D FaceLock” to boost security even further.
The wallet also has a built-in Web3 firewall and uses "multi-party computation" (MPC) to protect users' funds. Notably, the ZenGo wallet even has a guaranteed recovery feature, meaning a user’s account is always recoverable – eradicating the possibility of asset loss.
|Type of Wallet||Software|
|Number of Supported Cryptos||70+|
|Fee to Buy Bitcoin||Spread + 3.99% for card purchases; 0.1% for Apple Pay|
Crypto Wallets Explained
Now that we’ve identified the best crypto wallet for beginners, let’s take a closer look at what these wallets are. In simple terms, cryptocurrency wallets are software programs or hardware devices that allow users to store, manage, and transfer digital currencies like BTC and ETH.
These wallets act as the holder's "portal" to the crypto market, making it easy to hold crypto assets safely over the long term. Various types of wallets are on offer, such as "hot" and "cold" wallets, which offer varying degrees of safety and functionality.
We'll explore these wallet types in more detail later, but it's important to note that all wallets have a "public" and "private" key. These keys are essential since they prove asset ownership and enable wallet holders to send/receive funds.
According to a report by TripleA, it’s estimated that over 420 million people worldwide own crypto. Most of these people are based in Asia and North America, although this figure is growing every month. Due to this vast customer base, the importance of using crypto wallets is more significant than ever – since the market is still relatively unregulated compared to "traditional" asset classes.
Ultimately, crypto wallets act as a way to store crypto safely without keeping it in an exchange or brokerage account. Although there are various types of crypto wallets with specific features and security measures, all of them are designed to serve this purpose.
How Do Bitcoin Wallets Work?
Whether someone’s looking to invest in the cryptos with the most potential or is more interested in well-established coins, it's vital to understand how wallet storage works. Regardless of where the Bitcoin account is held, using a crypto wallet is critical for protecting crypto asset holdings from cyberattackers and "bad actors."
The simplest way of viewing crypto wallets is as a method for protecting a trader's public and private keys. As noted above, these keys have essential use cases – but what do they do? Here's a quick overview:
- Public Key: The public key can be considered the wallet's "account number" and is used to receive funds from other individuals/businesses.
- Private Key: The private key is an alphanumeric code unique to each wallet and used to prove ownership of the crypto assets inside. In this sense, the private key is like a password – meaning it should never be shared with anyone else.
Crypto wallets store and manage the private key – not the actual crypto assets. This is because the crypto assets are held on the blockchain, meaning the private key simply provides access to them.
Crypto wallets are so important because they use advanced cryptographic techniques to protect the user's private key. Different wallets have different approaches, but they can range from DDoS protection to biometric verification – and even 3D face scans!
The best crypto wallets usually offer backup and recovery options that ensure users can’t lose access to their crypto. In the past, if a user lost their private key, their crypto assets could never be re-accessed. Nowadays, many wallet providers have recovery seed phrases and other features that can restore access.
However, whether a user opts for a crypto hardware wallet or a software wallet, partnering with a well-respected provider is essential. Moreover, it's also vital that users follow security practices, like ensuring their private keys remain confidential and implementing a backup procedure.
Why Do You Need a Cryptocurrency Wallet?
Finding and using the best crypto wallet available is an integral part of the crypto-trading journey for beginners. These wallets are essentially for safely storing, sending, and receiving digital currencies, making them like a "crypto bank account."
As we've touched on earlier, traders need these crypto wallets since they keep the private key safe. The private key is the only way for someone to gain unauthorized access to the user's funds – if this key is kept safe, the funds are inaccessible.
Moreover, many of the best things to buy with Bitcoin can only be purchased by sending payment from a reputable wallet provider. Since crypto wallets make it easy to send crypto payments, they’re vital for buying goods/services online that are denominated in digital currencies.
Another critical feature of crypto wallets is that they allow users to have complete control over their crypto assets. Since cryptocurrencies are decentralized, they aren't held by intermediaries like banks. Thus, having a self-custody crypto wallet will ensure that only the user "owns" the associated crypto assets.
Finally, crypto wallets are also important because they make it easy to access the crypto market. Most wallets allow users to instantly buy/sell crypto from within the wallet's interface. In addition, many providers offer support for NFTs and DeFi protocols, significantly broadening the investment possibilities.
Types of Crypto Wallets
Deciding to buy altcoins or crypto tokens is a huge decision – yet choosing where to store them post-purchase is just as important. We’ve already discussed what crypto wallets are, but let’s now take a look at the various types of wallets on offer:
Software wallets are the most popular type of storage solution for crypto assets. These digital platforms allow users to store and manage cryptos in a user-friendly manner. The most important thing to note about these wallets is that they’re connected to the internet – which is in stark contrast to hardware wallets.
There are two main types of software wallets:
- Mobile wallets: These are smartphone apps designed to provide on-the-go access to the user’s cryptos. Mobile wallets are often offered for free by many top exchanges, like eToro.
- Desktop wallets: These are applications that can be downloaded and installed on the user's computer. Desktop wallets are slightly safer than mobile wallets since they store the user's private key locally on the computer.
Either way, these wallet types are considered "hot" since they're connected to the internet. This makes them more susceptible to cyberattacks than "cold" wallets.
Alternatively, crypto holders can store their assets in hardware wallets. A Bitcoin hardware wallet is a physical device used to store the user's private keys. These devices usually look like USB sticks and hold the private key offline – meaning hackers can't access it.
As noted by Kraken, hardware wallets are one of the most effective ways for a user to protect their private key. However, these wallets must be connected to another device, such as a laptop or smartphone, to initiate transactions. So, although they have a much higher security level, hardware wallets aren't as user-friendly as software wallets.
The third wallet type is paper wallets. Unlike an online Bitcoin wallet, paper wallets are a type of “cold” storage that involves a user writing their public and private keys on a piece of paper. The user would then store this piece of paper somewhere safe where nobody else could access it.
The downside to this approach is that those with paper wallets still need to use a crypto wallet app to spend or transfer their digital assets. Thus, paper wallets are relatively impractical and considered less safe than the alternatives – hence why they aren’t widely used.
How to Find Safe Crypto Wallets
Finding the best Bitcoin wallet can be tricky – especially since so many options exist! However, we’ve identified three tactics that traders can employ to find safe crypto wallets effectively:
Use a Reputable Provider
The most important tactic to use is only choosing crypto wallets offered by reputable providers. It's a good idea to read online reviews and check a potential provider's track record before downloading the wallet that they offer. Many crypto wallet providers are even endorsed by high-profile individuals or businesses, which can boost credibility.
Consider the Wallet’s Security Features
When choosing a Bitcoin wallet, it's also essential to thoroughly research the wallet's security features. We'll explore this further in the next section, although it typically involves checking the type of encryption on offer and deciding whether to use a hot or a cold wallet.
Test the Wallet Before Making Large Transfers
Finally, it may be best to test out a wallet with a small amount of crypto before fully committing. This minimizes the risk of catastrophic loss while allowing users to test the wallet's functionality and security features. Assuming the wallet is up to the task, users can confidently transfer more significant amounts of crypto.
How to Choose the Best Bitcoin Wallet for You
Much like when choosing between the best AI crypto trading bots, deciding which cryptocurrency wallet to use involves analyzing various factors. Let's take a look at six of the most important factors to consider:
The most important factor to review when choosing a crypto wallet is its security features. This includes the encryption technology it uses, how it manages the user's private key and any backup options it has.
Many of the best Bitcoin wallets also offer two-factor authentication and biometric verification to enhance security further. There are even wallets that have multi-signature support, which means they have two private keys rather than one.
Type of Wallet
Another important consideration is the type of wallet to use. This can be boiled down to using either a "hot" wallet or a "cold" wallet. As noted earlier, the former is connected to the internet, while the latter isn't.
A crypto hardware wallet is generally considered the safest way to store a trader's private key. However, they can sometimes be impractical; if practicality is the primary concern, a software wallet may be more suitable.
Navigating the market can be tricky for beginners, so user-friendliness is an important consideration. Users should review a wallet's interface design and ease of setup, both of which are crucial for making the trading process accessible to beginners.
Another thing to consider is whether the wallet comes with any help or support. Most prominent providers, like eToro and OKX, have dedicated help centers with answers to the most commonly-asked questions, which can be a blessing to newbie investors.
According to CoinMarketCap, the crypto market is now valued at over $1.25trn. Given the scale of the market, more new coins and tokens are springing up every week – so it’s a good idea to choose the best cryptocurrency wallet for asset selection.
Almost all crypto wallets will support the "main" coins, like Bitcoin and Ethereum. However, the top wallets also offer support for lesser-known tokens and stablecoins, which can be highly beneficial.
Features & Functionality
Users should also check out the wallet's features and functionality. For example, if a user wishes to invest in the best DeFi coins, they should check whether the wallet provides access to the decentralized web.
Many wallets also provide functionality for NFT storage alongside their crypto storage options. This can be a great benefit for investors interested in obtaining cryptos and NFTs to create a well-rounded portfolio of digital assets.
Finally, users should also consider the fees associated with using a crypto wallet. Most software wallets are free to download and use – the only fees to be aware of are network fees that occur during transfers.
Those who choose to use a Bitcoin hardware wallet must be aware that these wallets have an up-front cost since they are physical devices. The price of these devices can vary significantly, although it usually ranges between $50 and $300, depending on the provider.
How to Get & Use a Crypto Wallet
Before ending this guide on the best crypto wallets, let's look at how to download and use one of these wallets. As noted earlier, our recommended crypto wallet app is offered by eToro, which is free to use and available on iOS and Android devices.
With that in mind, detailed below are the four simple steps to download the eToro crypto wallet and begin using it today:
Step 1 – Create an eToro Account
The first step is to create an eToro account. Traders must head to eToro’s website and click "Start Investing." On the following page, create a username, provide a valid email address, then concoct a strong password for the account.
Step 2 – Verify eToro Account
To access all of eToro's features, traders must verify their eToro account. This involves uploading Proof of Identity (e.g., passport) and Proof of Address (e.g., bank statement). eToro will then verify these documents, which can take a few days, before sending a notification once the account is verified.
Step 3 – Download the eToro Money App
Next, head to the App Store or Google Play and search for "eToro Money." Download the eToro Money wallet app, then log in using the same credentials created in Step 1.
Step 4 – Transfer Crypto Assets to eToro Money
After completing this, traders can transfer their crypto positions to the eToro Money app for safe keeping. This involves heading to the "Portfolio" tab on the eToro trading dashboard, finding the relevant crypto position, then clicking "Transfer to Wallet." Once the transfer has gone through, the crypto asset(s) in question will be located in the eToro Money wallet.
For traders that hold crypto on another exchange, go to the “Receive” tab to be presented with the wallet’s public address. This address can be used to receive crypto from third-party exchanges or crypto wallets. There’s even a handy QR code that can be scanned for speedier transfers.
Best Crypto Wallets – Conclusion
In conclusion, this guide has discussed the best crypto wallets available right now – equipping beginners with essential insights that will enable them to navigate the crypto market safely and cost-effectively.
Those seeking a user-friendly and secure option may wish to consider the eToro crypto wallet. This wallet boasts an intuitive interface, stellar security features, and credibility that stems from being associated with the eToro platform.
Traders and investors can begin their crypto journey by downloading the eToro crypto wallet on iOS or Android devices. The wallet is free to set up and supports over 120 crypto assets, making it ideal for long-term use.
Which is the best crypto wallet?
After extensive research and testing, we've concluded that eToro offers the best crypto wallet. This wallet supports over 120 different coins/tokens, is free to download, and even boasts an unlosable on-chain private key setup.
What is the safest crypto wallet?
Two of the safest crypto wallets currently available are those offered by eToro and OKX. These wallets offer two-factor authentication (2FA) and asset insurance to protect users in the unlikely event of a cyberattack.
Which crypto wallet has the lowest fees?
The eToro wallet is completely free to use, meaning it's an excellent option for those seeking a cost-effective option. Other wallet providers with low (or no) fees include OKX, Binance, and MetaMask.
How do I choose a good crypto wallet?
Choosing a good crypto wallet involves analyzing several essential factors. These factors include the provider's reputation, the number of supported crypto assets, the wallet's functionality, and also its level of security/privacy.
Is Coinbase wallet good?
The Coinbase crypto wallet is extremely popular and is considered one of the best options for crypto traders/investors. This is because the wallet has a clean interface, allows access to thousands of dApps, and even supports NFTs.