Bitcoin is hot. With high and low prices, cryptocurrency always in news. But trading with digital currency requires some crucial things. If you own digital currency, having a digital wallet is one of them.
What is cryptocurrency Wallet?
Simply put, wallets are where the digital currency lives. Just like a bank account, a cryptocurrency wallet is used to store, send and receive digital currency to another wallet.
As you know that the digital currencies are not registered under the law of any country. So, you have to be careful when choosing a digital currency wallet. Here are some of the best cryptocurrency wallets of 2018 and beyond.
Ledger Nano S
A USB hardware wallet, Ledger Nano S is designed for the cryptocurrency. In this wallet, you will get a lot of features which are normally hard to find in any other type of digital wallets, especially for security and your private key backup for the digital currency.
This is not your typical plug and play device. There is no need to have a computer to use this device. The LED screen on the top of the wallet will allow you to operate your wallet easily. It will allow you to exchange your digital currency, relevant apps for money transfer from one account to another within few seconds. This wallet supports backup functionality and blocks hackers to get access to your cryptocurrency account.
In-build Display: You can see the transaction on screen for confirmation and verification purpose.
Easy to use: With the small size of this wallet, also, there are buttons for operates that makes this wallet easy and comfortable.
Security: Built-in security features with a lock-your-wallet option with a PIN code.
The same company behind Ledger Nano S, this hardware wallet is more advanced than the previous one. This wallet has a big display and has a lot of new options which we have never seen in any other digital wallet. Due to its large display, more advanced features, and specifications, this cryptocurrency wallet is the most expensive hardware wallet available in the market.
Display: This wallet is based on the dual chip architecture technology. Also integrated with secure firmware to protect your data.
Pin code: You can set permission who is allowed to view your wallet by setting 8 digit PIN code.
Multiple currencies support: This digital wallet store multiple currencies at a time also supports more than 1 dozen digital currencies.
This is web-based cryptocurrency wallet. Coinpayments allows more than 300 currencies to be stored in an online account, this is the reason why it became popular. You can register for free. Coinpayments only cut the fees when transferring digital currency from one account to another place via their wallet account.
Support mobile App: While Coinpayments based on the web for cryptocurrencies but it does have app for mobile users.
Vault: This feature is to protect your digital currency from hackers. This feature makes transaction process more difficult and requires a specific amount in the wallet for withdrawing.
Acceptable: The money which is stored in this wallet is acceptable by thousands of online stores.
Which wallet would you guys prefer? Tell us your thoughts in the comment section.