These are our picks for the best crypto wallets for various kinds of crypto traders.
For anyone looking to buy, sell, and trade cryptocurrencies, having a crypto wallet is essential. These wallets are used to store crypto securely and to validate transactional information. It is also common for crypto wallets to hold NFTs as well. There are various crypto wallets to choose from on the market. In this article, we will cover some of the best crypto wallets that crypto traders trust and most commonly use.
Coinbase Wallet is the best crypto wallet for a wide variety of uses
A great option for beginning crypto traders is the Coinbase wallet. Most people know Coinbase as one of the first and biggest crypto marketplaces and exchanges. They recently went heavily into NFTs as well and launched their NFT marketplace in the summer of 2022.
The Coinbase wallet is very straightforward. It is easy to use, easy to navigate, and extremely versatile, which is why it is a great wallet to start with. More than 5,500 digital assets can be stored within this wallet. For those looking to trade the more popular cryptos like Bitcoin and Ethereum or the various alt coins, the Coinbase wallet is a good one to consider.
This is a highly-secured wallet as well. Since Coinbase is considered one of the biggest in the crypto space, it s one of the most trusted and best crypto wallets. There likely is not much that you won’t be able to do with the Coinbase wallet. Use it confidently when trading crypto and NFTs. Though the Coinbase wallet can make it easier to trade what in the crypto market, it is also more likely to be a target of cybersecurity threats due to it’s popularity and amount of daily transactions.
MetaMask is the best crypto wallet for Ethereum and NFT traders.
Anyone who has traded Ethereum or NFTs have probably heard of or used MetaMask. It is one of the most popular and one of the first crypto wallets.. It has more than 30 million monthly users. MetaMask wallet is easy to use, simple to set up and makes trading easy.
MetaMask can be linked to most NFT marketplaces like Opensea, which makes it ideal for NFT collectors and traders. For those looking to trade or store NFTs, MetaMask could be the best option. The majority of NFT collectors will have a MetaMask wallet.
While MetaMask is ideal for NFT and Ethereum trades, the fees can be higher than some other wallets when trading. Despite Bitcoin being one of the most popular cryptocurrencies, MetaMask does not have the ability to trade or store it.. However, MetaMask does support thousands of other cryptocurrencies.
One of the best options for Ethereum and NFT traders is without a doubt MetaMask. Trade with it commonly and confidently.
Trust Wallet is the best crypto wallet for mobile users
One of the best crypto wallets for mobile users is Trust Wallet. For most beginners trading crypto and NFTs, one may not be familiar with Trust Wallet, although it is one of the most popular and best that one can use. Trust Wallet is the official wallet for Binance, one of the biggest crypto exchanges in the world.
Users can utilize Trust Wallet to store and trade cryptocurrencies and NFTs. For those looking to use their wallet mostly on their mobile device, Trust Wallet may be the best crypto wallet option. The direct integration with Bincance makes it easy to buy cryptos with debit or credit cards, which is a nice feature for those who are just starting out.
Thousands of various cryptocurrencies are available to trade on Trust Wallet. For those who are looking for a wallet that can also earn interest on cryptocurrencies, give Trust Wallet a try. There are currently 12 cryptocurrencies that can earn interest through their wallet.
Crypto.com is the best crypto wallet for earning passive income.
One of the biggest cryptocurrency trading exchanges is Crypto.com. Their wallet is one of the best crypto wallets that traders can use. Some things that Crypto.com users love is that it is a DeFi wallet, meaning there is no need for third parties for transactions.
Currently, there are 40 different cryptocurrencies that users of the Crpyto.com wallet can gain interest on. That is a significant amount and is a larger variety of cryptocurrencies that gain you interest than any other wallet on this list. No one can complain about earning passive income just from holding various cryptocurrencies with the Crypto.com wallet.
The Crypto.com wallet tries to make it as easy on their users as possible. There are a wide variety of one-for-one trading options where one can directly trade one cryptocurrency for another.
Right now there are only around 250 different cryptocurrencies that can be traded with Crypto.com. That makes it the wallet that can hold the smallest variety of cryptocurrencies on this list.
The Smoothest Self-Custodial Wallet Yet?
For those of us who purchase, trade, or hold cryptocurrency, finding the best place to store our holdings can be challenging. In a market that is filled with hackers, scammers, and people looking to take advantage of the less informed, finding the best, most secure, and most versatile wallet can be quite a challenge. So is there such a wallet that can be both secure and versatile to all the needs of those who want to trade using multiple blockchains? The answer to this question is yes.
Welcome to Web3’s smoothest self-custodial wallet, where you can swap and bridge crypto right on the spot – or directly in the wallet – BlockWallet. BlockWallet is a privacy-first, self-custodial browser extension wallet. Started by Aleksandras Gaska in 2021, the team behind BlockWallet includes many veterans in the business community from internet data curation and collaboration firm Syntropy to a former Minister of Defense of Argentina. Clearly, with so many team members that have such multifaceted backgrounds, BlockWallet is aiming to be the best in the business.
BlockWallet makes it clear that security is top priority. As their website states, “The Blockwallet team sees security as fundamental to long-term success.” They routinely have their contracts audited by top-tier security firms that help discover and fix code vulnerabilities, has a dedicated team to also identify code vulnerabilities, and even maintains what is called “Public Bug Bounties” which rewards participants, potentially as high as $150,000, for identifying any bugs or code vulnerabilities. It would be hard to name another wallet that is offering to pay someone to find a weakness in their software. This says a lot about the team who wants to make sure your investments stay secure.
In addition to these security protections, BlockWallet prides itself on privacy. Known as a “Privacy Proxy,” BlockWallet protects a user’s IP address and other data. Think of it as a VPN for your crypto wallet. BlockWallet does not collect or track any data and takes pride in protecting you from others who may try to phish anything out of you or from any of your information from being leaked. All wallets interact with blockchains via nodes. This Privacy Proxy trims any sensitive information, allowing only the necessary information to be used that will allow for a successful transaction.
One of the biggest issues facing crypto enthusiasts is the ability to trade on multiple blockchains. BlockWallet has you covered. In an article on Medium.com,  they say, “Skip the sketchy websites and nerve-wracking wallet permissions – use BlockWallet and bridge right on the spot.” A person can connect to any dAPP, any DEX, and CEXs, with ease and protection.
BlockWallet is leading the charge to have a one-stop shop for anyone looking to hold, trade, or purchase cryptocurrency. BlockWallet has a team that is doxed, has a super informative website that details any questions you may have and an interactive team that answers all reviews, is active on Telegram, and shares information often on Twitter. If you are looking for a wallet to keep you safe, will allow you to trade on multiple blockchains, and even offers a chance for you to have a say in how the wallet can continue to improve, BlockWallet is worth downloading and using.