The word bitcoin and cryptocurrency are no longer new in modern-day society, If you are a cryptocurrency enthusiast, it’s right that you store your coins in a very secured and trusted private key wallet, the wallet you control the key phrase, in this post, we will share the best software cryptocurrency wallets that you can conveniently store, send and receive multiple cryptocurrencies.
These wallets are hot software wallets, hot in the sense that they are not controlled by exchange or company, storing your coins on exchanges like Binance, Luno, etc are good, but it comes with some risks, these services keep your Bitcoin private keys under their custody on your behalf. and if anything goes wrong with exchange all your coins are at risk.
The following are the features and components of a wallet(software or hardware) that gives you full control over your coins:
- Control private keys – A wallet where you own and control your keys.
- Backup & security features – Seed backup keys and pin codes.
- Developer community – Active development community for maintenance.
- Ease of use – Elegant UI for fast and easy use.
- Compatibility – Compatible on different operating systems.
Best Cryptocurrency wallet to store Multi-Cryptocurrencies in 2023
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Trust Wallet
Trust Wallet is the world’s leading multi-asset digital wallet that stores both bitcoins, etherium, Tron, ripple, and other altcoins. It currently supports 70+ crypto coins and is a good choice for multi-cryptocurrency users.
Trust wallet has an active development team working at lightning speed, it’s also very reliable. Trust Wallet provides a seamless, frictionless, and easy-to-use UI. It takes no email verifications, no onboarding, and no usernames/passwords to start using Trust Wallet.
It is an HD wallet that comes with a seed backup key feature. The seed key helps you in controlling and restoring your crypto assets in case your device is damaged or lost. You can export your private keys, and import bitcoins or altcoins from paper wallets.
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2. Atomic Wallet
Atomic Wallet is a multi-currency custody-free wallet that supports over 300 coins and tokens. This one is the first cryptocurrency wallet with decentralized cross-chain atomic swaps on board. Users can exchange Bitcoin, Litecoin, and QTUM with no intermediaries.
You don’t need to verify your identity or register. You just download the wallet for your operating system, install it and start using it. Currently, Atomic runs on a range of desktop operating systems, such as Windows-64 bit, macOS. Linux, etc., and will be available for Android and iOS devices as well.
Like other non-custodial wallets, Atomic generates a mnemonic seed for your wallet and encodes private keys in your device. If you are about to store your crypto in Atomic, you must write it down and keep it in a secure place, since the seed is shown only once and not sent via email.
The wallet supports private keys import, so you can move your funds from any other wallet to Atomic in a few clicks, Interestingly, Atomic Wallet provides its interface for custom tokens, so anyone is able to add their custom tokens by importing a smart contact address. That’s a quite convenient option when it comes to ICO campaigns.
To sum up, Atomic Wallet seems to be a quite non-typical cryptocurrency project. In one place, you can manage 300+
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3. Exodus Wallet
Exodus is a free to use, desktop and mobile wallet crafted by JP Richardson and Daniel Castagnoli in mid-2015, It is the world’s first multi-cryptocurrency desktop wallet.
Simply looking at Exodus.io, you can tell that the company is putting a lot of effort into creating a good user experience, on Exodus can store your coins without worry, as Exodus has no hosted servers or logs. At present, it supports cryptocurrencies like Bitcoin, Ethereum, Litecoin, Dogecoin, Dash, tron, and 139 differnt Crptos tokens.
No registration or identity verification is needed to start using Exodus. But you certainly need to take a backup of your seed key!,while taking a backup of your seed key, it also asks for your email id for sending you a one-click link recovery feature. You can always use this email link along with your password to restore your Exodus wallet.
However, one thing to remember while using Exodus is that you can only take a backup of the seed key when you have some balance in your wallet. Exodus wallet has a good user interface, and a pie-chart at the center shows your entire token portfolio in one glance.
Those are our pick of the best HD, sofware based multi-crypocurrency wallet that allows you store, receive and send different coins, giving you full control over the coins with a key phrase an back up keys, if you more advance in crpto or have higher value of coins, to can go for hardware wallets like Nano S, Ledger, etc.
Note that we Exchange, buy, and sell different cryptocurrencies on Edozexchange.com. feel free to use our exchange service for any of your crypo exchange needs.
