Cryptocurrencies have been on a roller coaster ride since Bitcoin was launched in 2009. The crypto industry has come a long way over the last few years. More and more people are looking to invest in cryptocurrencies and blockchain-based projects. If the crypto industry continues to spread at this pace, the day isn’t far away it will completely replace the traditional financial system. In this blog post, we are going to cover the best crypto wallets that are a safe option.
Exodus – Ideal for Beginners
The reason we call it an ‘’Ideal option for Beginners’’ is that it is free and offers friendly customer support. It also has optional cold storage support. Although it is a closed source software, it has a huge variety of cryptocurrencies. Exodus is a mobile and desktop wallet with an intuitive and simple user interface and a built-in exchange. The ability to swap between a number of digital currencies is one of its highlighting features. It allows swaps between 100 different cryptocurrencies.
Electrum – Safe Bet for Advanced Bitcoin Users
We picked Electrum for our list because it is open-source, secure, and comes with advanced options and features. Electrum is one of the few that are known as the original Bitcoin wallets. It has been operating since 2011, just two years after Bitcoin’s official launch. It is more suited for experienced crypto users due to its complicated options.
Ledger Nano X – Best Hardware Wallet
Ledger Nano X springs to the mind when it comes to the best hardware wallets. The reason we added it to our list is that it can easily connect to USB or Bluetooth via the ledger mobile or desktop app. It provides you with secure cold storage.
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James has been a crypto enthusiast for a year. He’s an avid watcher of all the latest developments in the space, and enjoys predicting what will happen next with his favorite coins.
He lives in his hometown of New York City with his wife and two sons. His hobbies include watching movies, playing basketball, and reading about how to survive disasters that may occur from climate change or an asteroid impact!