Best Crypto Wallet 2021 – Wallet is a secure place to store things, like money, identification cards, and all. A cryptocurrency wallet can take the forms of physical hardware or software installed into your computer or your smartphone, or your cloud.
Bitcoin is here to stay; sooner or later, you will need a place to store your digital currency as the crypto currency continues to emerge towards the mainstream and becomes more entwined with the global economy.
There are several platforms you can purchase bitcoin, like PayPal, Venmo, Robin Hood, and many other platforms; most of these online platforms and their integrated wallets are custodial; however, this means that you are trusting the platforms to keep and secure your digital tokens, they have control and your crypto is in their proverbial hands.
The best place to store your cryptocurrency is in a non-custodial software wallet or wallet app, which will give you more control over your digital asset. In this blog post, we will be discussing the best crypto wallet 2021.
Best Crypto Wallet 2021
Coin base wallet
The first wallet on the list is coin base wallet; coin base wallet is best for beginners. The coin base wallet went public in April; the app made it easy to trade famous cryptocurrencies like dogecoin, bitcoin, Binance, and other bigger coins.
If you are new to crypto, coin base wallet is a good place to start and the app can be downloaded on both ios & Android, coin base has a simple user interface that makes it easy to perform transactions.
Trezor Model T
Trezor Model T is best for security, Trezor has been available for some time, and it was established in 2011 as a subsidiary of Czech-based Satoshi labs. The $195 model T is a Trezor second-generation hardware wallet, and it comes with so many of the same features as the ledger nano X. One significant difference is that trezor software is completely open-source that affords some additional protection.
Exodus is the best wallet for desktop users. It is a hot wallet which means that all your digital assets are stored online; however, it is no custodial; this means that you only get access to your private key, a 12-word password phrase that guides your access to your crypto assets.
The exodus wallet is designed to specifically run on Mac, Windows, and Linux computers. However, there is a companion app available for android and iOS devices.
Mycelium is best for a mobile device. This crypto wallet has been around right from the very beginning of the crypto era, and the mycelium wallet is one of the oldest and best-known bitcoin wallets. The mycelium wallet has an appealing and simple user interface; however, it supports only a few kinds of crypto. You can buy and sell tokens with mycelium, and you can also send and receive Bitcoin, Ethereum, and Binance.
Ledger Nano X
Ledger Nano X is a good balance between accessibility and security. It is an integrated ledger live platform that is very easy to learn and use; ledger nano X wallet supports more than 1800 coins, including famous ones like bitcoin and ethereum; the wallet can be connected to your computer by using a USB cable and also on Android and iOS device using a Bluetooth.
If you wish to invest in crypto, you should be willing to invest in the wallet to help you secure and preserve your token