There are several types of cryptocurrency wallets. The main thing is to choose a reliable and safe one. You can use the installation of special software on a computer, phone, create an online crypto wallet on the website.
Any crypto exchanges after registering an account will provide the user with a wallet for storing cryptocurrency. There are hardware devices and paper wallets for generating a private key and address, these methods are referred to as cold storage.
It is important to understand that cryptocurrency is stored at addresses on the blockchain. And wallets are needed for the convenience of managing private keys and gaining access to addresses. According to the storage method, they are divided into cold (without an Internet connection) and hot (with an Internet connection).
The Btcnewsweb.com editorial team reviewed the list of the best hardware, desktop, online cryptocurrency wallets for storing coins: Bitcoin, Ethereum, ERC20 tokens, Ripple, Bitcoin Cash, Litecoin, Stellar Lumer, Dash, Iota, EOS, Cardano, Neo, Tron, Monero, Vechain, Ethereum Classic, Tether, Qtum, OmiseGo, Binance Coin, as well as multi-cryptocurrency wallets.
Which crypto wallet to choose? It depends on many conditions. The most important thing is security, the ability to save a private key or seed phrase. If you need to store a large amount, then it is better to buy a hardware wallet. For those who trade on the exchange, you can store the cryptocurrency on it so as not to pay a commission for the transfer and quickly make transactions. It is more convenient to store ERC-20 tokens on the crypto exchange, rather than downloading a separate wallet for each type.
Desktop crypto wallets are suitable for everyday use, payment and acceptance of transfers. Online services are good for those who are just starting to understand cryptocurrencies, but it is not recommended to store large amounts on them. You can create and try to work with all the proposed options, combining both hot and cold methods.
Recall that you can buy or exchange cryptocurrency on cryptocurrency exchanges or exchangers, p2p exchangers.
- 1 What are cryptocurrency wallets
- 2 Online crypto wallet and Matbi exchanger
- 3 Hardware cryptocurrency wallets
- 4 Local (desktop) wallets for cryptocurrencies
- 5 Online wallets for storing cryptocurrency
- 6 Multicurrency wallets for cryptocurrencies
- 7 Best wallets for Bitcoin (BTC) cryptocurrency
- 8 Crypto wallets for Ethereum (ETH)
- 9 ERC20 token wallets
- 10 Litecoin wallets
- 11 List of Ripple wallets
- 12 List of wallets for BitcoinCash
- 13 Where to store the EOS token
- 14 Cardano storage (ADA)
- 15 Crypto wallets for Stellar (XML)
- 16 List of wallets for NEO token
- 17 Wallets for Monero
- 18 Rating of wallets for DASH cryptocurrency
- 19 Wallets for TRON token (TRX)
- 20 Cryptocurrency wallets for Ethereum Classic (ETC)
- 21 Wallet for Qtum
- 22 Wallet for OmiseGO (OMG)
- 23 What is a private key, wallet address and seed
- 24 How to choose the best and most reliable wallet for storing cryptocurrencies
- 25 Questions and answers
What are cryptocurrency wallets
There are several types of crypto wallets, each of which has different ways of storing keys and providing access to them. The three main categories are software (which in turn are divided into online, desktop, and mobile), hardware, and paper.
Let’s consider all these types in more detail.
- Desktop (local) wallets are downloaded and installed on a personal computer / laptop. You can log into your account only from the same device on which they are installed. This provides a certain level of security, but at the same time, it is dangerous in a situation where the computer is infected with a trojan or virus.
- Web wallets (online) run in the cloud and can be accessed through a browser from any device. This is convenient, but the private keys are usually not held by you, but by a third party service provider, which exposes them to attackers.
- Mobile cryptocurrency wallets are applications for mobile platforms. Convenient in that you can perform an urgent operation anywhere at any time. But they have minimal functionality and are also the least well protected.
- Hardware crypto wallets store user keys on an external device similar to a USB flash drive – this is their main difference from software ones. With the help of such devices, you can store cryptocurrency offline, connecting to the Internet only when you need to make a transaction. If you have lost your wallet, then the finder will not be able to use it, since access is protected with a pin code.
- Cryptocurrency paper wallets guarantee a high level of security and are also fairly easy to use. This definition can refer to two concepts: a simple physical copy of printed public and private keys, as well as software that is used to create a pair of keys, which can then be printed.
Online crypto wallet and Matbi exchanger
Crypto wallet Matbi allows you to store Bitcoin, Litecoin, Dash, Zcash. Has been working since 2014. The online service allows you to buy or sell cryptocurrency. Available payment systems: Qiwi, Yandex, Sberbank, Alfa-Bank, VTB, Promsvyazbank, Russian Standard, Tinkoff, Visa / Mastercard, any bank in Russia, Euroset and others. In most cases, there is no commission when replenishing an account with fiat. Details in the “Tariffs” section.
To register a wallet, you will need to provide a phone number and password. The official website is matbea.com.
Hardware cryptocurrency wallets
Hardware wallets are considered the safest for storing cryptocurrency. Private keys in them are generated locally and are not transferred anywhere. To protect against hacking and viruses, special protected chips are used, transactions are confirmed by entering a pin code, and a mnemophrase (seed) is generated to restore access. Well-known hardware wallet manufacturers are Ledger, Trezor, KeepKey, Cool Wallet, Digital Box. We recommend purchasing any of them, as they provide maximum protection for cryptocurrency assets.
✅ The most popular device is the Ledger Nano S. The cost at the time of writing the review is 59 euros or 4600 Russian rubles. Delivery is carried out from France within 2 weeks. We accept plastic bank cards Visa / Mastercard, Qiwi, PayPal; cryptocurrencies Bitcoin and Bitcoin Cash. The warranty is 2 years. The official website for ordering a wallet is www.ledger.com.
On January 7, 2019, the company introduced a new hardware wallet ledger Nano X. Its cost is slightly higher – 119 euros, now pre-order is available.
✅ Another well-known manufacturer is Trezor (trezor.io website). It produces two types of crypto wallets – One and Model T. Delivery time from the Czech Republic is 1-2 weeks. You can buy a device using a bank card or for bitcoins. The wallet supports cold storage of 600+ cryptocurrencies.
Local (desktop) wallets for cryptocurrencies
Local wallets are one of the most reliable ways to store cryptocurrency. At the same time, the owner has full control over his crypto coins, since private keys are generated and stored locally on the device without access to this information by third parties.
You can download a local wallet only from the official website of the developer, so as not to get on phishing fraudulent sites. Before downloading, you will need to select a version for your operating system (Windows, OS X, Lunix) or a mobile application.
There are two types of software wallets for local use:
- Thick (heavy) – after installation and launch, they load the network blockchain. They take up a lot of computer space and take a long time. These include Bitcoin Core, Ethereum Wallet, and other official cryptocurrency wallets.
- Thin (light) – fast online synchronization occurs with servers without downloading the blockchain. These include Exodus, Electrum, Jaxx and others.
Best Local Cryptocurrency Wallet Exodus
Exodus is a multi-currency local wallet for PC. Most popular crypto coins can be stored: Bitcoin, Ethereum, Bitcoin Cash and Gold, EOS, Ethereum Classic, Litecoin and others. Supported ERC20 tokens: Binance, Qtum, Revaine, Tron, Vechain, Tenx, Storm, Kyber and many others. You can add them like this: “Setting” – “Assets” or “Wallet” – “Add more”. You can download wallet on the official website – exodus.io/releases.
The wallet has the ability to change cryptocurrencies through the “Exchange” section. For this, the ShapeShift service is used.
Private keys are created, stored locally on your computer and are not shared with third parties. To see and export the private key, you need to open the developer panel. This can be done in two ways:
✅ Press Shift + CTRL + D simultaneously.
✅ Go to the “Help” section and at the very end select “How do I open the Developer menu” from the list of questions and click on the button.
The top menu will open with all possible advanced wallet settings. To export the keys, you need to go to “Exodus” – “Developer” – “Assets”, select a cryptocurrency, click “Export Private Keys” and confirm the “I’m sure” action. The user will see the path to the csv format file. It contains data in the following format “ADDRESS, PATH, BALANCE, PRIVKEY”. After saving, you need to delete the file.
After replenishing the balance through “Backup”, it becomes possible to set a password, e-mail, get a seed-phrase of 12 words. It is better to make a transfer with a small amount to activate these security options. For the subsequent restoration of access to the wallet, you need to go to the developer menu, select “Exodus” – “Developer” – “Restore” and decide on the method. “Restore from 12-world phrase” – restoration by seed phrase; “Restore from recovery link” – using a password, email and link in the letter.
To receive or transfer cryptocurrency, you need to go to “Wallet”, select a cryptocurrency and click “Receive”. The public address will appear on the screen in the form of a QR code and an alphanumeric character set. “Send” – transfer of cryptocurrency to another address. The status for each cryptocurrency can be tracked at the link: www.exodus.io/status.
- Attractive design, portfolio, change of themes.
- Full control over private keys.
- The ability to store most of the popular cryptocurrencies and ERC20 tokens.
- Backup and recovery using seed or email + password + link.
- No commission for replenishment. The network commission is charged for the transfer to the nearest block. The service does not charge additional fees.
- No two factor authentication.
- Closed source, although some components are open source.
- There is no mobile application (in the plans).
Jaxx multi-wallet for cryptocurrencies
Jaxx is a free crypto wallet that supports a wide variety of virtual coins and platforms. Available mobile version and local for PC, extension for Chrome. The private key is generated on the side of the user who controls it completely.
You need to go to the jaxx.io website and download the latest version to your device, during the installation process, select “Create New Wallet” – create a new wallet. If there is a recovery file, you must specify “Pair / Restore Wallet”.
Then select “Express Setup” and check the box next to the desired cryptocurrency. The list can be changed later.
This will open the main Jaxx wallet window. At the very top is the area for switching between cryptocurrencies. The operations area consists of the “Receive”, “Send”, “Exchange” tabs.
In the upper right corner, three horizontal bars are the settings section. To set the password, select “Menu” – “Setting” – “Setup Security Pin” and enter a four-digit number. Each time you enter the wallet, you will need to enter it.
In the “Wallet” section, you can add or remove cryptocurrencies.
To back up, you need to go to “Tools” – “Backup Wallet”, check the box about your consent and click “Continue”. A 12-word seed phrase in English will appear in a new window. You must write it down and keep it in a safe place. To complete the procedure, just click “Continue” and repeat the seed by entering it into the form. The copy and paste function does not work, all words are typed manually.
If everything is correct, a “Success” notification will appear. After that, you need to click “Finish” to complete. Seed can always be viewed in the “Menu” – “Tools” – “View backup phrase”
To view private keys and export them, go to “Menu” – “Display Private Key” – “I understand” and select a cryptocurrency.
Each public address has its own Private key. You need to click “Export”, “Copy all” and save the information in a safe place. You can write to a USB flash drive or print. This is cold storage of cryptocurrency.
To import private keys into Jaxx, just select “Menu” – “Transfer Paper wallet”, specify the cryptocurrency and enter the key.
- Control of private keys, their export and import.
- A large number of cryptocurrencies to be stored in the wallet.
- Support for most well-known platforms.
- Attractive interface.
- Confidentiality of personal data, you do not need to provide information about yourself to use the wallet.
- Recovery using a seed phrase.
- Synchronization to all devices.
- No commission for receiving, for transfer – commission of the network.
- Built-in exchange via ShapeShift.
- Closed source.
- Inability to set a complex password, only 4 digits are available.
Reliable cryptocurrency wallet Electrum
Electrum Wallet Bitcoin is one of the most popular Bitcoin cryptocurrency wallets. Wallet has an open source code, as a result of which versions appeared for forks: Litecoin, Bitcoin Cash, Dash. Has the ability to make bulk payments and use offline, cold storage. There are two levels of encryption. In the settings, you can choose to display the interface in Russian.
Electrum is classified as a light wallet. There is no need to download the blockchain network, and the installation itself will take a few minutes. Private keys are created and stored locally, without access to them by third parties and are not transferred anywhere.
To download it, you need to go to the official site electrum.org and download the installation file for a specific operating system. There are separate sites for forks. For example, Electrum for Litecoin is located at electrum-ltc.org.
For Windows, you can choose the Portable version – it is easy to copy and run from a USB flash drive or other device.
You need to run the installation file and follow the instructions of the installation wizard. On Windows, you may receive a notification that SmartScreen has blocked startup. To disable the filter, you need to go to the “Security Center”, select “Manage applications and browser”, disable scanning of files and applications. After installation, this option can be turned back on.
- Specify the path to the wallet file and its name. You don’t have to change anything, but remember where it is installed by default.
- Select the type of wallet: regular, with two-factor authentication, multisignature, or import private keys.
- Create a new seed that is used to generate private keys. If the wallet needs to be restored, select “I already have a seed” and enter the seed.
- Write down and save the seed, repeat it in a new window. This completes the installation of the Electrum cryptocurrency wallet.
For security, go to the “Wallet” – “Password” section and encrypt the Wallet.
Initially, 20 addresses are available for receiving and 6 for change. If you need to create an address, you need to go to “View” – “Show console” and enter the command wallet.create_new_address (False). The new address will be highlighted in red.
To view the private keys, just go to “Wallet” – “Private keys” – “Export”, copy or export the keys in csv or json format, specifying the folder.
To restore access, you only need a seed phrase, but you can go to “File” and create a copy of the wallet in dat format, indicating the storage location and file name. We recommend saving it to a clean flash drive called default_wallet.dat. Then, having installed Electrum, select “File” – “New / Restore” and specify the path to the saved file or copy this file to the wallet folder: \ Users \ YourUserName \ AppData \ Roaming \ Electrum \ wallets (for Windows).
To receive cryptocurrency, it is enough to transfer it to any address.
To transfer cryptocurrency from a wallet, you need to specify the recipient, amount, commission.
For bulk payments, you must specify the address in a new line, and after the comma, write the amount:
Online wallets for storing cryptocurrency
Online wallets are special sites and services that allow you to store, receive and transfer cryptocurrency. Cryptocurrency exchanges should also be included in this category.
Online crypto wallets are suitable for beginners and those who want to understand the topic. They do not require installation, download of the blockchain network and have all the necessary functionality to receive and transfer cryptocurrency.
When choosing, you should pay attention to reliability, reviews, ways to protect your account, facts of hacking. One of the main parameters is the ability to export private keys or get a seed phrase. Not all online wallets provide this capability, which means that the service will have full access to the funds in the client’s wallet. If it disappears, then crypto coins will also disappear. It is important to take this moment into account and not store large amounts in wallets without having control over it. It is better to choose wallets that generate a private key on the client side and do not share information with others. These include Guardo, Coinfy, Lumi, MyEtherWallet, etc.
Online Blockchain Wallet
Blockchain is an online wallet for storing cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH). Application installation for android and ios is available. Integrated exchange between cryptocurrencies from ShapeShift.
Private keys are stored on the servers of the service. The wallet itself is open source, for security, you can enable two-factor authentication and multisignature. You need to be careful not to go to a phishing site, the official resource has an address: https://blockchain.com/.
To create a wallet, you will need to provide an email address and a strong password. Therefore, you need to take care of the security of your email address: set a strong password, enable two-factor authentication, and not use garbage services such as mail.ru.
After entering the required information, click “Continue”. The user immediately enters the wallet.
First of all, you need to go to the “Security Center” and connect all possible levels of protection: email verification, obtaining a seed, linking a mobile phone, activating 2FA. Security parameters can be set by going to “Settings” – “Security”.
Then go to the “Settings” – “General” section, write down your wallet ID, you need it to enter. You can get it when verifying your email.
You can add a new address or import it in the “Settings” – “Address” section.
The Blockchain online cryptocurrency wallet allows you to accept and transfer virtual coins. To transfer, just click “Send”, specifying the recipient’s address, amount, description (optional) and choosing the Regular, Priority or Customize Fee commission.
The Blockchain web wallet is simple and straightforward to use, so we recommend that beginners start with it. The main thing is not to forget about the security of your email and account on the service.
Coinfy Wallet Cryptocurrency Web Wallet
Coinfy is an open source online wallet. The user has full access to private keys, which are generated by means of a seed phrase on his computer. Supports cryptocurrencies Bitcoin, Ethereum and some ERC20 tokens: Tron, Eos, Qtum, BNB and others. Provides the ability to receive, send crypto coins to another address, import private keys.
The official website of the crypto wallet is coinfy.com.
Coinfy is a completely anonymous Wallet that does not require entering personal information or email address.
When registering, you need to click “Add asset” and select a cryptocurrency or token. Then click “Create” to create a new wallet or “Restore / Import” to restore access using the seed and password.
- The first step is to come up with a complex password.
- Then copy and save seed.
- Repeat the seed in the same order by clicking on the buttons with the words.
- After that, the user will be taken to the wallet.
Online crypto wallet Guarda
Guardo is an anonymous online HD multi-wallet for cryptocurrencies and tokens: Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Litecoin, Bitcoin Gold, Qtum, Dogecoin, Ripple, Zcash, BitShares, Decent, Callisto, tokens ERC20. The advantage is open source code and full control over Private Key with the ability to import and export them.
All data is processed and public keys are generated locally in the browser on the device and is not transferred anywhere. Encryption is performed using the Advanced Encryption Standard algorithm. The Guardo service does not collect or store information on its servers. Therefore, you should store the files for recovery in a safe place, making sure to export the private keys.
Guardo allows you to send, receive and exchange virtual coins. A mobile version and a hardware crypto wallet are available.
To work with it, you need to go to the official website guarda.co and select the type of wallet in the top menu: Web Wallet, Mobile wallets, Hardware wallets.
Consider registering online.
- Select “CreateWallet” to create a wallet or “Import / Restore” to restore.
- Come up with a password.
- Download recovery file. It contains all the private keys and addresses. This completes the installation.
General view of the Guardo wallet:
In the “Backup” section, you can save a backup copy of your wallet (passphrase) at any time. To restore, select “Restore” by entering the saved passphrase and password in the form.
In the “Backup” or “PrivateKey” section, you can view and export the private key for each crypto coin.
It is possible to import a private key or seed (mnemonic) from another wallet.
Guardo is a very simple and functional Wallet with an intuitive interface.
Lumi Multi Wallet
Lumi HD wallet allows you to store cryptocurrencies Bitcoin, Ethereum and ERC20 tokens EOS, Tronix, Ethbits, Loopring, Populous VeChain, ICON, OmiseGO, Binance, Status, Network. Available as an online crypto wallet and app for Android and iOS.
Private keys are generated and stored in the browser, which is a big advantage. Closed code is a minus.
Official site: lumiwallet.com.
Registration is completely confidential and takes no more than a minute. To do this, you need to select the type of wallet, for example Web wallet. To create a new account, click “Sign Up” and fill out the form, specifying your email and password. You will receive an email with the ID you need to log into your account and a link to verify your email. To import, use the “Import Wallet” tab and a 12-word seed phrase.
General view of the Lumi wallet:
Initially available cryptocurrencies are Bitcoin BTC and Ethereum ETH. To add an ERC 20 token, click “Pick Tokens”, select a token and click on “Okay, I am Done”. It will have an address like the Ethereum wallet, since they operate on the same blockchain.
To receive you need to go to the “Receive” section, select a cryptocurrency. There will be a public address. “Send” – transfer of crypto coins.
Then go to settings (gear icon) and configure security settings: confirm email, enable two-factor authentication and make a backup by saving the 12-word seed phrase and repeating them. Seed is the only way to restore access to the wallet, since the public key and address are tied to it. If the Lumi service ceases to exist, you can import the seed into another wallet that uses a mnemonic system.
Holy Universal Cryptocurrency
Holy Universal Cryptocurrency – Online Multicryptocurrency Wallet for Pivx, Synereo, Tether, Game, Faircoin, Dogecoin, Dash, Creativecoin, 0x, Zcash, Vertcoin, Blockv, Syscoin, Augur, RibbitRewards, Peercoin, MaidSafeCoin, Omni, Litecoin, Gridcoin, Flycoin , Ethereum, Eos, Decred, Attention token, Blockcoin, Bitcoin. Of the minuses, it is necessary to note the closed source code; inaccessibility of private keys; low level of anonymity, since additional information is requested during registration.
To get a wallet, you need to go to holytransaction.com and fill out the registration form. To complete the procedure, confirm your email by clicking on the link in the received letter.
Username and password are used to log in. Having entered the wallet, the first step is to add cryptocurrencies by clicking on the profile and selecting “Add coins”.
Online wallet MyEtherWallet for Ethereum and ERC20
Myetherwallet is a popular wallet for Ethereum cryptocurrency, open source ERC20 tokens and full access to private keys.
The official website of the crypto wallet is www.myetherwallet.com. You need to be careful not to go to a phishing site that may have a similar name but differ in one or more symbols. Very often phishing sites are in the ad block in Google and Yandex search engines. Better to bookmark the link to the real site.
Before the first login, you can read the security requirements.
Instructions for creating a wallet Myetherwallet:
- Switch to Russian. Come up with a strong password.
- Save Keystore / JSON file.
- Save the private key.
- Choose a way to enter the wallet.
- Click “Unlock”, a notification about successful wallet decryption should appear. The wallet interface will appear below.
- For operations with the wallet, use the top menu.
Rahakott web wallet for storing cryptocurrency
Rahahott is a multi-cryptocurrency wallet for Bitcoin (BTC), Dash, Litecoin (LTC), Zec, Bitcoin Cash (BCH). The service is completely confidential, for registration you will not need to enter personal information, including email. Available operations: receiving and transferring cryptocurrency.
Official site: rahakott.io.
When you open the wallet, a mnemonic phrase is generated, which is indicated when entering. You need to write it down and store it in a safe place, if necessary, print it out. Without a phrase, you can lose all the coins on your account, since private keys are created and stored on the side of the Rahahott service.
You can use a password to protect your account or enable two-factor authentication.
After registration, you need to create a wallet for the desired cryptocurrency:
The wallet is very easy to use. We recommend that you familiarize yourself with the “Chago” section before starting work, which contains the minimum amounts for transfer, commissions, the number of confirmations in the network for enrolling cryptocurrency.
Bitgo crypto wallet
Bitgo crypto wallet supports HD (BIP32) and multi-sig (P2SH) standards. Available as a web wallet. Cryptocurrencies can be stored: Bitcoin, Litecoin, Bitcoin Cash, Bitcoin Gold. To protect your account, two-factor authentication Google Authenticator is available, the inclusion of which is a prerequisite for working. The official website is bitgo.com.
To register, you need to click Sing In, select a personal account (Individual account) and specify an email address, password, first name, last name. Then connect 2FA, download and save BitGo Keycard.
Multicurrency wallets for cryptocurrencies
Multicurrency wallets allow you to store multiple cryptocurrencies. Their list is given below:
✅ Holy Transaction.
✅ Coinfy Wallet.
✅ Sato Wallet.
Best wallets for Bitcoin (BTC) cryptocurrency
The largest number of wallets have been created for the Bitcoin cryptocurrency. This is not surprising, since it is the very first and most popular virtual coin.
There are different wallets for storing Bitcoin:
✅ Local (desktop) for installation on a PC, phone, tablet.
✅ Online services.
✅ Cryptocurrency exchanges.
All of them have a different degree of protection, purpose and functionality.
Wallets installed on a computer are divided into “heavy” or “thick”, for their operation requires the download of the entire blockchain chain. This is the safest way to save your cryptocurrency. For the Bitcoin network, the blockchain size is 150 GB. The “heavy” wallets include the official Bitcoin Core cryptocurrency wallet. “Light” (“thin”) do not require downloading the blockchain to work, and synchronization occurs with servers online. Local wallets have the ability to import, export private keys and restore access using a seed phrase.
You don’t need to install software and download blockchain to create online or web wallets. The user will only need to register on the site, write down passwords, configure the necessary account security settings. It is not recommended to store large amounts of money for a long time. In some wallets, it is possible to extract the private key.
A wallet on a cryptocurrency exchange is one of the simplest options. You can buy, sell cryptocurrency and store it on the exchange site. Access to private keys is not provided.
A hardware wallet is considered the most secure way to store cryptocurrency. It is designed in the form of a flash drive and allows you to store not only bitcoins, but other coins as well. The most popular manufacturing companies are Ledger and Trezor. These devices are paid, for example, Ledger NanoS can be purchased for $ 79.
Paper wallets are referred to as cold storage. They generate a public Bitcoin address, a private key in the form of a QR code and a set of numbers and letters. A private key (Private Key, Secret) is created on a personal device; third parties do not have the ability to recognize it. You can create such a wallet at bitaddress.org.
Any wallet stores a private key and a public address.
For long-term storage, it is safest to use “cold storage”, in which the private key is stored without access to the Internet. To do this, you can write down the private key on a piece of paper or a USB flash drive and put it in a safe, secure place. To carry out operations with cryptocurrency, you just need to import the private key into a wallet that supports this function (Electrum, Bitcoin Core and others). For example, a user installed an Electrum wallet and transferred bitcoins to it. There are plans to keep them for several years and then sell them. In functions, it exports the private key for the address where the cryptocurrency is located, and saves it.
List of Bitcoin cryptocurrency wallets for Lunix, Windows, Mac OC:
- Electrum Wallet.
- Bitcoin Core Client.
- Copay Bitcoin Wallet.
- Lumi Wallet.
- Dark Wallet BTC.
Online wallets for storing Bitcoin:
- Blockchain Wallet.
- Jaxx Wallet.
- Copay Bitcoin.
List of mobile applications:
- Enjin Wallet.
- Airbitz Bitcoin.
- Kcash Wallet.
- Bread Wallet.
Hardware cryptocurrency wallets supporting BTC:
- Digital Bitbox.
BitAddress Paper Wallet for Cold Storage
BitAddress is an online service for creating a paper wallet.
A minimum number of actions is required from the user – just move the mouse around the screen to increase the randomness of the result (instead, you can enter any number of any numbers / letters in a special field).
Based on the generated code, the program creates a private and public key.
Then they can be printed by clicking on the Print button or imported into another system, for example, Blockchain. The printed sheet must be stored as securely as ordinary money – to prevent water ingress, theft, etc.
Crypto wallets for Ethereum (ETH)
Local wallets for Ethereum cryptocurrency:
- Ethereum Mist.
- Ethereum Wallet.
- KeepKey Wallet.
- XETH Ether.
- Trust Wallet.
- ANX Vault.
Online crypto wallets for Ethereum:
- Noku Wallet.
- vSlice Web.
- vSlice Web.
ERC20 token wallets
List of local wallets for the ERC 20 token:
On Android, iOC:
- Lumi Wallet.
- Enjin Wallet.
Web-wallets for storing ERC 20 token:
- Frost Be.
Wallets for Litecoin cryptocurrency on PC:
- Litecoin Core Client.
On a mobile device:
- Litecoin Core Client.
List of Ripple wallets
Local wallets for Ripple cryptocurrency:
- Exmo.me exchange.
Installation on Android, IOS mobile phone or tablet:
- Edge Wallet.
- ANX Vault.
Hardware wallets: Ledger, Trezor, Keepkey, CoolWallet S
List of wallets for BitcoinCash
Computer wallets for Bitcoin Cash cryptocurrency:
- Electron Cash.
Storage on web services:
Applications for Android, iOC:
- Bitcoin Cash Freewallet.
- Carbon Wallet.
Where to store the EOS token
EOS is a token, all wallets that support the ERC 20 standard are suitable for storage.
Local wallets for EOS cryptocurrency:
- Livecoin.net exchange.
Cardano storage (ADA)
The official wallet for Cardano cryptocurrency is Daedalus. Suitable for installation on devices that support Windows, Mac OS.
You can also use crypto exchanges to buy and sell, store Cardano: Binance, HitBTC, Cex.io.
Crypto wallets for Stellar (XML)
Wallets for XML cryptocurrency with installation on a computer:
- Stellar Desktop Client.
List of applications for phone, tablet:
List of web services for storing Stellar:
List of wallets for NEO token
NEO cryptocurrency wallets for local storage on PC:
- NEON Wallet.
Applications for Android and iPhone:
- NEO Tracker Wallet.
List of online sites:
- NEO Tracker.
Wallets for Monero
Wallets for Monero cryptocurrency for Windows, Lunix, Mac OC:
- Monero Core Client.
- Monero GUI is the official wallet.
Programs for Android, iOC:
- Monero Freewallet.
Rating of wallets for DASH cryptocurrency
List of local wallets for Dash cryptocurrency:
- Dash Core.
- Dash Electrum.
For a mobile device:
- Dash Wallet.
- Dash Freewallet.
- Sato Wallet.
- Holy Transaction.
Paper Wallet for generating private keys:
- Dash Core Paper.
Wallets for TRON token (TRX)
You can store the Tron token in the following ways:
- Infinito is a mobile application.
- Coinfy is an online service.
- Rating of cryptocurrency exchanges for trading Tron: Binance, HitBTC, Cex.io, Bitflip, Yobit.
- All wallets that support storage of ERC20 tokens.
Cryptocurrency wallets for Ethereum Classic (ETC)
List of local wallets for Ethereum Classik cryptocurrency:
Mobile applications Android, iOC:
- vSlice Web.
Wallet for Qtum
Qtum cryptocurrency wallets:
- Qtum Core is the official local wallet.
- Qtum Electrum.
Wallets for cryptocurrency EOS for Android, iOC:
- Qtum Core.
- Qtumwallet.org is the official web wallet for Qtum.
Wallet for OmiseGO (OMG)
The OmiseGo token is supported by the following wallets:
- Ethereum Mist.
- Ethereum Wallet.
- ERC20 wallets.
- Cryptocurrency exchanges: Binance.com, Hitbtc.
What is a private key, wallet address and seed
Cryptocurrency wallet address is public information that other people or services need to send money to you. It is also called a public key.
Private key – on the contrary, a top secret code that only you should have access to, it allows you to manage funds. One way to encrypt a private key is a seed phrase. It consists of 12 English words that are much easier to remember than a 64-digit set of letters and numbers. The seed phrase is also classified information. With its help, you can restore access to the wallet if it is lost.
The function of a private key is not only to authenticate, but also to sign transactions in order to record its belonging to a specific sender. When registering any crypto wallet, the first step is to create a private key. And already on its basis, public addresses are formed, of which there can be an unlimited number. Reverse decryption is impossible (you cannot find out the private key from the public key).
How to choose the best and most reliable wallet for storing cryptocurrencies
Situations in which a “hot” software-type cryptocurrency wallet is suitable:
✅ You do not store large amounts.
✅ It is important for you that the wallet is free.
✅ Confidentiality is not important.
✅ Interested in the most convenient storage option.
And here are the situations in which it is better to stay on the paper or hardware version:
✅ The top priority is safety. For example, if you plan to store a large amount of cryptocurrency for a long time.
✅ There is no need to make frequent transactions.
✅ You don’t trust a third party and want to control the private key yourself.
✅ Confidentiality is important to you.
✅ You are ready to pay ($ 50-100) for the device.
Nothing prevents you from using two options at the same time, using a cold wallet for long-term investments, and a hot wallet for small momentary operations.
In any case, when choosing a cryptocurrency wallet, you should pay attention to several factors. Does it support secure two-factor authentication? Is there a multi-signature feature? What is the provider’s reputation? How easy is the interface to use? And so on – everything that matters to.
Questions and answers
What is a cryptocurrency wallet?
A cryptocurrency wallet is a private key and its corresponding public addresses.
What wallets are there by storage methods?
Hot and cold.
What are cryptocurrency wallets?
Software, hardware and paper.
Which wallet should you choose?
It all depends on your needs. If safety is a priority, then paper or hardware. If ease of use and additional functionality – then software.
How to secure the storage of keys?
Set long and complex passwords, connect 2FA where possible. Make backups. Keep hardware and paper wallets in a safe place.
Is a crypto wallet only needed to store cryptocurrency?
Many programs also offer additional functions, such as managing a cryptocurrency portfolio or instantly exchanging one currency for another.
Is using a crypto wallet anonymous?
Relatively. You do not indicate your name or passport information anywhere. However, all transactions on the blockchain are open for viewing and, in theory, someone can compare them by amounts and directions, thereby finding out your identity.
What kind of hardware wallets are there?
The most popular brands are Ledger Nano, Trezor, Keepkey. Their average cost is in the range of $ 50-100.
What are ERC-20 token supported wallets for?
For storing digital assets that run on the Ethereum blockchain.
When transferring cryptocurrency from a wallet, you need to specify the Memo, Destination Tag, Message, Payment ID. What does this mean?
It is a unique payment identifier for cryptocurrencies EOS (EOS), Ripple (XRP), Stellar Lumens (XLM), NEM (XEM), Monero (XMR). Usually it is required to indicate the exchange. If not specified, then the payment may not be credited.