Pros: Beginner friendly, multi currency support, highly secureĮdge is an open-source, multi-currency mobile cryptocurrency wallet. ZenGo currently supports a number of coins, although many of the popular coins aren’t yet available. The wallet provides additional services such as buying Bitcoin and swapping altcoins, which along with industry-standard fees make ZenGo very friendly for everyday uses. The wallet secures the private key on the company’s server by applying advanced cryptography measures, saving the users the burden of securing their keys themselves. ZenGo is offering the world’s first keyless wallet with no tradeoff on security. Pros: Highly secure, no private keys required, additional services like buying and swapping coins. For coins that don’t support Atomic Swaps there’s the option to use built in services like Changelly or ShapeShift to conduct trades. The wallet also allows you to use Atomic Swaps in order to exchange between certain cryptocurrencies directly from within the wallet without the need for an exchange. Atomic Wallet is a multi-currency wallet that allows you to store up to 500 different coins and tokens in a single interface. If you’re looking for an easy to use wallet to store not only Bitcoin you can take a look at Atomic Wallet. Platforms: Mac OS, Windows, Ubuntu, Debian, Fedora, iOS, Android. Pros: Supports hundreds of assets, cryptocurrencies in-app conversion, staking serviceĬons: Less intuitive than other wallets, relatively high exchange rates on atomic swaps If you find electrum to be daunting, this is a great alternative. The interface is super easy to understand and even total newbies will get the hang of it. I never put an amount I’m not willing to risk in any hot wallet (desktop, mobile or web).Įxodus also allows you to hold a variety of cryptocurrencies such as Ethereum, Litecoin, Dash and more. However, since in any case, I suggest you use wallets apps for small amounts of Bitcoin (closed or open source), then this is not a big issue in my book. And of course, when it comes to managing money, having a closed source program can raise some concerns.
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This means that the developers can potentially insert malicious code into the software without you knowing about it. I’ll start with the downside – it’s not open source. Exodus launched in July 2016 and since then has gained some serious momentum. If you’re just getting started with Bitcoin and you’re still trying to wrap your head around everything that’s going on, Exodus has got you covered.
Platforms: Mac OS, Linux, Windows, iOS, Android. Pros: Intuitive, great customer support, DeFi integrations.Ĭons: Limited coin support, not open source wallets that aren’t connected to the Internet) like a paper wallet or a hardware wallet. If you’re new to the world of cryptocurrency wallets, I strongly advise that you watch this video so this post will make more sense:įor large amounts of coins ALWAYS use cold storage wallets (i.e. However, for small amounts of Bitcoin or any other cryptocurrency, and for day to day use they are a good solution. This makes them by design, less secure than hardware wallets. Wallets apps, also referred to as software wallets, are considered “hot wallets”, since they are connected to the Internet. If you want a more detailed review of the different wallets keep on reading, here’s what I’ll cover:
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