Top 10 Best Crypto Apps For 2023 – Seeing the prices of various cryptocurrencies reach new highs every day is really tempting for an outsider and those who don’t have digital assets in their portfolio. If you have finally decided to enter the world of cryptocurrency, then know: in the process of buying Bitcoin or Altcoin, the important thing is not the purchase, but how you plan to store your digital assets.
There is no one-size-fits-all solution, and finding the best bitcoin wallet usually depends on your personal needs and goals, and this guide will focus on the best crypto wallets and how to choose a solution that best suits your needs.
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Coinbase is the best crypto wallet for beginners. The wallet is intuitive and has a user-friendly interface. Users can hold thousands of crypto assets, including traditional cryptocurrencies like Bitcoin, decentralized applications from Aave to ZRX, thousands of tokens, and even NFTs.
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Coinbase Wallet gives users full control over their cryptocurrency, safely stores NFTs in the wallet and is backed by industry-leading security.
The Coinbase wallet can be used by anyone regardless of the traditional Coinbase exchange app. Coinbase Wallet allows users to manage their private keys to store crypto assets directly on their devices instead of in a central exchange or brokerage account.
Coinbase wallet users are not required to have an account on the Coinbase exchange, but it is possible to link a Coinbase wallet to a Coinbase account.
People who want to buy or sell crypto without managing private keys use the Coinbase app, which is available in more than 100 countries. Therefore, the Coinbase app is an all-in-one solution for beginners who want to buy and sell crypto, connect their accounts and manage everything from one place. Meanwhile, the Coinbase wallet is mostly used by people who are just looking for a free crypto wallet product.
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Gemini is a fully licensed mobile crypto wallet with advanced trading features and premium support. It is possible to invest in more than 75 cryptocurrencies for as little as $5. Gemini Wallet stores most of its assets in its institutional-grade open-air cooling system. Additionally, part of the assets are stored in a secure online hot wallet.
Assets stored in Gemini’s high-security storage are covered by various safeguards, such as insurance against the loss of various types of digital assets from hot wallets and comprehensive internal controls of their storage and production environment. In addition, Gemini is regulated by the New York State Department of Financial Services, subject to capital buffer and cybersecurity requirements.
The Gemini Credit Card is a MasterCard issued by WebBank where users earn up to 3% crypto rewards in Bitcoin, Ether and other cryptos on every purchase made with the credit card. Also, Gemini Active Trader is a high-performance cryptocurrency trading platform with advanced features such as advanced charts, block trading and multiple order types used by more active traders.
Software wallets come in all shapes and sizes. Common to most are excellent user-friendliness, fast and easy interactions. However, only a few solutions on the market have a flawless reputation when it comes to security.
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ZenGo is designed to take software wallet security to the next level by eliminating the risk of having a single point of failure. Bottom line: Even if someone hacks your wallet, they won’t be able to simply steal money. Why? Splitting the private key into two parts decentralizes its storage on the company’s servers and your device. Thus, the transaction cannot be authorized without two parts of the key interacting.
Although the security model is not as strong as most high-end hardware wallets, the truth is that ZenGo is not cracked yet. Furthermore, the team invests heavily in security and conducts continuous research and analysis to develop new and improved processes to protect users’ funds.
But ZenGo isn’t just about security. The wallet has a fantastic interface and is very beginner friendly. It is packed with many great features including the ability to buy, trade and sell crypto with just a few taps, support for various payment methods, 24/7 human support, fair and transparent fee policy and an interest earning program that offers up to 5% APY. Earn with BTC.
If you’re a beginner Bitcoin enthusiast, you’ll probably aim to buy and sell small amounts of cryptocurrency to familiarize yourself with the technology and get comfortable.
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The most welcome storage media in this regard are software wallets, as they are intuitive and easy to navigate. While there are many good solutions out there, we can single out Exodus as the most beginner-friendly.
Exodus is a hot multi-currency wallet that you can download and install on your Android or iOS device absolutely free. It also has a desktop wallet if you want to track your assets or make purchases from your computer
The interface is clean and simple and will ease your journey into the world of cryptocurrency trading. As an added benefit, it has built-in sharing.
The functionality allows you to buy Bitcoin directly from your device with just a few taps. Exodus supports crypto exchanges for over 100 different assets.
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Although unlikely, you can contact 24/7 support if you encounter any problems with Exodus. They are very helpful and will explain everything you need to know.
The software wallet supports more than 40 blockchains, which means you can use it to store even the most exotic altcoins. Supported standards include BEP2, BEP20, ERC-20 and ERC-721. The wallet recently added support for the Binance Smart Chain.
The app is decentralized and does not collect your personal information. It stores public and private keys to ensure maximum safety and security of your funds.
Trust Wallet has a built-in web3 browser that allows you to easily interact with DApps. It also has integration with Binance DEX, allowing you to buy hundreds of thousands of tokens with a debit or credit card.
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The wallet is easy to use and has a very clean interface. Due to its excellent security features it is perfect for those taking their first steps into the world of crypto and advanced traders and long-term HODLs.
Trust Wallet is available for iOS and Android devices. The app is one of the top-rated cryptocurrency mobile wallets in both markets.
Although experienced crypto traders rarely choose hot wallets, when they do, they usually choose Electrum, one of the most established and best Bitcoin wallets.
Electrum is a hot wallet that was created in November 2011, shortly after the launch of Bitcoin. The source code is open source and is the result of the work of many blockchain developers who have actively contributed to it over the years to bring it to where it is today.
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Electrum is considered a leading solution among hot wallets due to its stability and reliability, making it the preferred choice for advanced Bitcoin users. Electrum runs on decentralized, redundant servers, ensuring that created wallets never fail and that private keys are stored securely. In terms of security, all transactions made through Electrum wallets are verified by SPV. Users are also free to create standard wallets with two-factor authentication or multi-signature wallets. Seed expression can also be customized.
The wallet is known for its advanced features. Although it lacks integration with crypto exchanges, it allows users to set custom transaction fees and choose between SegWit and legacy Bitcoin.
MetaMask is one of the most popular cryptocurrency wallets for Ethereum-based applications, used by more than 1 million users worldwide. It is available as a Chrome extension and as a mobile app (iOS and Android).
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The cryptocurrency wallet only supports Ethereum tokens (ERC-20, ERC-721 and more). Examples include ETH, EOS, Maker, DAI, LINK and more. MetaMask even supports collectibles. Technically, you can also hold Bitcoin, but you have to buy it in synthetic form (WBTC – Bitcoin packaged on the Ethereum network).
Cryptocurrency wallets are very easy to use, user-friendly and intuitive. It allows newcomers interested in the DeFi platform to easily and directly interact with various applications through the browser without compromising on security.
After registration, Crypto Wallet generates a wallet address with a unique keystore and secure access. Passwords and private keys are generated and stored on your device, meaning you’re in control of your data
Furthermore, MetaMask has a built-in exchange and allows you to buy cryptocurrencies with Apple Pay, credit or debit cards.
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MetaMask is supported by a global community of developers and designers interested in the open source and blockchain world.
If you have no budget constraints and want the best of hardware wallets, the Trezor Model T is the cold storage solution.
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