Multicurrency or universal cryptocurrency wallets


Multicurrency (universal) wallets allow you to store several different cryptocurrencies at once in one interface. This is convenient, it makes it possible to manage your investments without opening many accounts, and often redistribute coins, exchanging them for each other with built-in funds.

The editorial staff of offers to get acquainted with the peculiarities of the operation of multicurrency wallets, as well as advice on choosing the most secure and convenient option. We will evaluate the offers on the market mainly in terms of reliability, and then – in terms of functionality and simplicity.

What is a cryptocurrency wallet

A crypto wallet stores information about completed transactions, and is also used to send and receive digital currency. Unlike a bank account, such a wallet is not registered under the laws of any country, so you need to choose a site as carefully as possible if you do not want to lose money.

The universal multicurrency wallet differs only in that it supports more than one cryptocurrency. CoinMarketCap and other monitoring lists thousands of different currencies, tokens and forks. Some of them probably won’t last long, but there are some that are quite interesting to study.

Having a good, reliable digital wallet is very important – keeping all your savings on a trading exchange is not the best option. However, it is not easy to find a service that would take into account all your wishes – for example, if you hold 10 or more assets, then there is hardly a wallet that supports all of them (unless we are talking about top cryptocurrencies). In addition, the number of supported coins is far from the only factor to choose from.

There are two main criteria that you should always pay attention to:

✅  Safety. Specific nuances depend on the type of wallet – for example, when using a web wallet, the keys are stored on the servers of the service provider, which makes them susceptible to hacker attacks. A desktop wallet stores keys on the user’s computer, which means that their security is closely related to the security of the device itself.

✅  Ease of use. Often, multicurrency crypto wallets provide a whole set of useful functions that make life easier – from built-in crypto exchanges and staking functionality to browsers that allow you to work with decentralized applications.

Let’s take a look at examples of the top three, rated by thousands of users, universal wallets for 2020. All of them are quite reliable, easy to learn and have wide functionality in addition to simple currency storage.

Best multicurrency wallets for cryptocurrencies

Exodus wallet

exodus wallet

The Exodus wallet combines good performance with a user-friendly interface. Belongs to the category of desktop (installed on a computer or laptop), there are also mobile applications for iOS and Android. In this case, the keys are stored on the device, if necessary, Exodus can also encrypt them.

Supports 100+ different currencies. It can work in conjunction with the Trezor hardware wallet. The interface is integrated with the ShapeShift cryptocurrency exchange, where you can make trading operations in one click. Registration is not required, so you can start working with bitcoin and other cryptocurrencies in a few clicks. This increases the level of confidentiality.

Cryptonator wallet

Wallet Cryptonator

Cryptonator is a multi-currency online custodian wallet available for computers and mobile devices. Requires registration on the site. Supports popular cryptocurrencies – BTC, LTC, ETH, PPC, DASH, XMR, ZEC, XRP and fiat currencies. In your personal account, you can exchange one for another in seconds. The functionality allows not only to make direct transactions between individuals, but also to pay invoices, request payments by e-mail, etc.

It is worth noting the rich functionality for working with the portfolio. The portfolio of cryptocurrencies supports over 500 coins and allows you to track their current value in fiat – dollars, euros, rubles, GBP, AUD and others. All services operate over a secure SSL (HTTPS) connection, and sensitive user data is encrypted with the SHA-256 cryptographic algorithm. To further increase security, a two-factor authentication option is available.

Guarda wallet

wallet Guarda

Guarda is a multi-currency cross-platform wallet for digital currencies; you can work with it from a browser, through an application on a computer or a mobile application. The main difference between this wallet and the previous versions is that it is decentralized and non-custodial, that is, it does not store user funds or keys at any point in time. Registration is not required, all transactions remain private.

Guarda supports over 45 blockchains, which in total run thousands of different tokens and dozens of stablecoins. It is possible to synchronize the application with the Ledger hardware wallet.

supported cryptocurrencies in Guardo wallet

Hardware multicurrency wallets

Ledger hardware wallets

One cannot fail to mention among multi-currency wallets and hardware storage for cryptocurrencies, such as Trezor or Ledger Nano S. Both options support a huge number of coins and tokens, while providing a much higher level of security than browser or desktop options.

The disadvantages of hardware wallets can be attributed to their price – only really serious long-term investors are ready to pay an average of $ 60-150 per device, for the rest it is not a very necessary measure.

Advantages and Disadvantages of Multicurrency Wallets


✅  Support for many different currencies and tokens. There is no need to start a separate wallet for each coin.

✅  Additional features such as exchanging one coin for another with minimal losses.

✅  Convenience and ease of use. Get started quickly.

✅  Great for small daily transactions.

✅  Multicurrency wallets come in any format – hardware, online, mobile, desktop.


❌  There is a possibility of hacking and loss of funds when using the hot storage method.

Questions and answers

What does “multicurrency wallet” mean?

It is also called universal, which means that by installing just one program or creating an account on one site, you can manage dozens of coins at once.

What types of universal wallets are there?

As soon as it became clear how convenient this option is, all types of wallets – mobile, desktop, web, hardware – acquired support for several currencies. So choosing the right storage method will be easy.

What additional features can the service offer?

Built-in exchange, exchanger, control over the investment portfolio, statistics and live charts of rates, payment by QR code, synchronization between the same wallet on different platforms, etc.

What security measures can help you avoid losing funds?

First of all, wherever possible, you need to enable two-factor authentication. This will make it more difficult for third parties to access your account. When using a desktop wallet, make sure that you have reliable protection against viruses and spyware, and that no one else has access to your PC.

How to top up a multicurrency wallet?

Log in and select the asset of interest, then click the Receive, Receive or similar button. The system will automatically generate an address that needs to be copied and transferred to a person or service to receive funds. It is completely safe to transfer this address, unlike private keys.

Is it possible to store funds on a crypto exchange?

It is undesirable to use exchanges as a wallet for cryptocurrencies. There you can keep a small volume that you need for daily trading operations. But leaving large investments on the crypto exchange that you are not going to touch for a long time is highly unreasonable. Even the most secure exchange is susceptible to hacks, there are many such cases in history.

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