A crypto wallet should be convenient and secure. Not surprisingly, mobile wallets have quickly become popular. There are several reasons for this:
They look like a familiar mobile app and are easy to use.
Modern mobile wallets are predominantly multi-currency.
Numerous additional features, including a built-in USD to LTC exchange and other popular coins.
All your assets are always with you.
Unlike desktop versions, mobile applications are less prone to phishing and virus attacks, but more physically vulnerable. Given the specifics of the device itself, when installing the application, you should definitely not neglect the possibility of backup. Traders can set stop-loss orders to limit potential losses in spread betting.
A few words about cybersecurity
The security of your assets in cyberspace depends largely on the security of the device itself.
- Update software regularly.
- Download software only from official developer resources.
- Do not store private keys, seed phrases and other important information on the device in any form.
The idea of the best crypto wallet is quite individual and depends on your goals and objectives. But general selection criteria still exist.
- Non-custodiality. Non-custodial wallets do not control the personal information of users in any way. They can be completely anonymous.
- Open source. Independent developers and enthusiasts can identify and fix software vulnerabilities that go unnoticed by the manufacturer.
- Security features. Apps with access via PIN, Face ID or Touch ID are more secure than services that use 2FA registration via mobile phone or email.
- Multicurrency and built-in exchange. Many investors form a portfolio of several assets and it is more convenient to control them from one wallet. With built-in functions for buying and exchanging cryptocurrencies, the portfolio will be convenient to replenish and adjust. This is a bit like exchanging GBP to NZD in online banking.
- The HD feature enhances the anonymity of transfers and storage of funds.
A popular multi-currency wallet, which is now part of the Binance ecosystem. It supports multi-accounts and staking, and is quite simple, although managing multiple wallets can be tricky to figure out right away.
The application supports popular blockchains BTC, LTC, DOT, ETH, and some others. It allows you to create an indefinitely large number of storages, provides access to two exchanges, support for NFT and DApps. The application is equipped with a secure keyboard and auto-lock. For access, a password and biometrics are used. The interface is quite simple and convenient.
The purchase of cryptocurrencies with bank cards is not provided. Staking is not supported and if you are interested in this way of earning, you will need a different wallet for this purpose.
Exodus is available in mobile and local versions, supports over 200 coins and NFTs. A user-friendly interface can be customized to your taste. Recording the seed phrase is optional, you can create a backup copy at a convenient time. The application can be integrated with Trezor devices and with DApps. It supports the purchase of crypto from bank cards, staking and internal exchange on an integrated exchange.
Please note that email is used to restore access.
Atomic Wallet is a non-custodial crypto storage available in both local and mobile versions. The application supports over 500 cryptocurrencies and Solana-based NFTs. The functionality of the app provides for a decentralized exchange, the purchase of cryptocurrencies from bank cards, and staking. The wallet is issued with its own native token that can be staked.
Access to assets is provided with a password.
This non-custodial mobile app is for BTC, ETH and ERC-20 tokens. During the setup process, you need to create a pin code and be sure to write down the seed phrases.
You can connect Ledger, Trezor and KeepKey devices to the app. The wallet supports the ability to purchase cryptocurrencies from bank cards and internal exchange.