Your crypto wallets are an essential part of your trading experience. Irrespective of whether you actively trade or hold for the long term, you need a crypto wallet to help you with your daily trading experiences.
These wallets, unlike others, are selected from the numerous wallets across the internet. So, you can be sure of their authenticity and level of security. However, you can never be too secure regarding your crypto assets, so you should have recovery services available as an extra layer of security for your assets. Irrespective of whether the wallet is a hardware or software wallet, it is essential that it can keep your assets safe.
Here are some of the top four most popular crypto wallets in 2022 that you can store your assets with ease.
Coinbase wallet
If you are coming into the crypto community or have just begun trading, you should consider this wallet. It’s easy to use with a user-friendly interface. Apart from this, you can easily connect it to major bank accounts to facilitate transactions. However, it is important to note that the coinbase wallet is different from the coinbase exchange. This wallet supports over 300 crypto assets, non-fungible tokens, and other digital collectibles.
The level of security of this wallet is one of the few reasons you should consider adopting it as your wallet. Apart from the login password, you can also use the 2FA as an extra layer of security for the wallet. You also need not worry about losing your asset as the coinbase wallet is backed up by a reputable exchange, coinbase exchange, and it’s one of the biggest in the crypto community.
Multibit wallet
The multibit wallet is a cold wallet, basically for storing bitcoin. It’s one of the first generations of software wallets developed in 2011. The Multibit wallet software can be downloaded from the official KeepKey website and stored on your laptop. This software is compatible with Windows, LINUX, Microsoft, and OSX operating systems.
This wallet can be used both online and offline and has an extra layer of security. To be on a much safer side, you should have the Multibit wallet recovery service available at your disposal to help you keep your assets safe. With Multibit, you can open several wallets in that single application you’ve downloaded on your PC.
The synchronization between the internet connection and the Multibit wallet will only take a few minutes, so you can ensure your assets are sent out and received in time. As mentioned earlier, the Multibit wallet was developed in 2011, and presently, it remains one of the best crypto wallets in 2022.
Electrum
One of the main reasons you should choose the electrum wallet as your preferred crypto wallet in 2022 is because it’s highly secured. With this wallet, you don’t have to worry about your wallet being hacked. Although it’s advisable to plan by having wallet recovery services ready, it is worth noting that this wallet is highly secured.
It’s also easy to customize transaction fees on this wallet. Unlike others, where customization of transaction fees is impossible, you can do that with the electrum wallet. The more transaction fee you pay, the faster your transaction is confirmed and vice Versa. So, depending on how fast you want your transaction to be confirmed, you can pay high or low.
The electrum wallet is very fast and easy to use, unlike other wallets, and also doesn’t experience many network downtimes like other wallets. It also runs on open source, which means all transactions are always available for scrutiny, hence building trust and transparency in the community.
Mycelium
If you are a crypto enthusiast, you must have come across mycelium wallets. It’s one of the few best crypto wallets for mobile devices. Although mycelium focuses on bitcoin as a bitcoin wallet, it also has compatibility with other cryptos, making it the perfect crypto wallet for mobile users.
The compatibility of this software with mobile delivers has made it grow in popularity. Not just for the compatibility, mycelium offers in-house crypto exchange and other educational materials alongside offline transactions. Apart from these, you can access your transaction information from the database stores on the app, such as the block number, miner fees, and transaction addresses. It also comes with a watch-only mode, which allows you to cancel transactions to keep track of trades and other processes.
