Which is the Best Wallet for Cryptocurrencies in 2022?

With the explosion of crypto transaction volumes in 2021, any investor concerned about protecting their crypto-currencies must store them in a crypto wallet. Whether hardware (physical) or software (software), a crypto wallet secures your assets better than if you leave them on an exchange platform.

Choosing a crypto wallet requires above all to identify your needs. Whether you have a few hundred dollars in crypto or have amassed a fortune on an altcoin, your priority is to be able to manage that money safe from hackers. Some wallets offer additional features such as access to decentralized applications, others support more than 200 different coins, and still others are dedicated to a specific blockchain.

This comparison gives pride of place to the security of your assets, and we have gathered the products that we believe are the safest and best protected. The current standard is two-factor authentication, often combined with a biometric fingerprint as well as the famous 12 or 24 word cover phrase. The wallet interface on application and software is also very important, especially if you are a beginner in the field of crypto-currencies.
1. Trezor Model One: The best value for money
The market for crypto hardware wallets is relatively new, and it was the Czech company Trezor that led the way in 2013 with its Model One, a small box designed for people who store cryptos and want to see them grow over the long term. . Flawless security, intuitive approach and zero hassle: find out how this little black (or white) box ended up at the top of our list.

The Trezor One is a “hardware wallet”, a small box that acts as a crypto wallet. Capable of storing over 1,800 digital currencies, this cold wallet has never failed in its reputation for security. A must for beginners and people who want to keep their cryptos for a long time. With its attractive price and intuitive software, the Trezor Model One is a reference in the field.

Supplied with a USB cable and wrist strap, the Trezor Model One offers installation in minutes. The Trezor One supports more than 500 currencies, and the Trezor Suite software is well designed to easily navigate among the different blockchains.
And after ? Nothing, precisely: the Trezor One stores your digital assets and allows you to access them with a PIN code that you define beforehand, which makes it an ideal product for people who wish to store without necessarily doing any trading. If you are already versed in the art of cryptocurrencies, acquiring the Trezor T model may tempt you more, since it allows you to store more currencies simultaneously and has the Bluetooth option.

A crypto wallet at the top of security
Having your assets stolen from an exchange platform is unfortunate. Having your entire savings siphoned off is even more deplorable. For this purpose, physical wallets like the Trezor One are the best protection against theft. The object itself can be stolen, destroyed or melted in a raclette pan: you can always recover your funds, provided you have kept the recovery phrase in a jealously guarded place.
Add to that a PIN code known only to you, and you have the best protection against currency theft you can find. Easy to access and efficient, this crypto wallet is a benchmark.

2. Exodus: The most complete for beginners
Even if aesthetic considerations are rarely dominant when choosing a crypto wallet, it should be noted that Exodus stands out from the competition thanks to a superb interface. This is our favorite hot wallet choice, and one of the best entry points for beginners into secure crypto storage.

Exodus is the perfect crypto wallet for beginners and people moving medium amounts of currency. Available on Windows, macOS, Android and iOS, the service makes it easy to store coins and trade on the platform, even if it means ignoring certain (non-critical) security details. We appreciate the possibility of connecting the service to a physical wallet.

A design tailored for beginners
The software is aesthetically pleasing, and there seems to be a lot of work done for ergonomics. We appreciate the circular diagram that summarizes the assets, as well as the design of the graphics and tabs. It is very easy to navigate on the application as well, and the transfers are done in a few tens of seconds, which is not to displease.

Exodus also has great connectivity, as evidenced by its partnership with FTX and with the Trezor T. There is a real effort to guide beginners and give them some semblance of education about trading. For this, Exodus deserves attention if you want to get started in cryptocurrency, without falling into the complexity of decentralized applications and other NFT businesses.

Mission accomplished for safety
Even if some users point the finger at Exodus’ security reputation, in particular with a somewhat flawed default verification system, this wallet fulfills its contract like the others, with a 12-word recovery phrase to recover its account. The quality customer service, in English only, is very reassuring.

Exodus therefore fulfills three crucial elements for a free software wallet: the speed of handling, security and this aesthetic effort that we find very appreciable. Immediate connectivity with exchange platforms and physical wallets make Exodus an ideal software for people who want to trade without having to worry about it.
3. Coinbase Wallet: The most complete app
Coinbase Wallet is a hot wallet that you can use with or without Coinbase, although it will be mandatory to go through the exchange to buy currencies. With more than 4,000 currencies supported, there is plenty for seasoned profiles. The app reports just over 500,000 users who trust 2FA (two-factor authentication) technology to store their coins.

With an interface that will be very suitable for beginners, Coinbase Wallet is a secure application that allows you to store a large number of coins and tokens. Coupled with the famous Coinbase exchange, the wallet sparkles. Be careful though, if you are not comfortable in English you will have to turn to another solution. Don’t rely too much on customer support either.

The obvious solution if you use Coinbase
The two products are not inseparable, but it seems logical to download the Coinbase wallet if you already use the platform of the same name. Available as an Android and iOS app and as a Chrome extension, Coinbase Wallet is tailored to fulfill the day-to-day business of the long-term crypto investor. It only takes a few minutes to get started, and currency transfers are quick and easy.
The other dimension of the application relates to staking, decentralized finance and the many ways to grow your money. If some apps plunge you into the deep end without explanation, Coinbase remains very educational if you buy NFTs or want to put your money to work with staking. The charting interface is quite nice for an app, and you’ll find all of your currencies fairly quickly.
Safety at the rendezvous

Coinbase (and not Coinbase Wallet) experienced security issues in 2020 in particular, when 6,000 accounts were videotaped of their funds through a particularly well-crafted phishing campaign. This incident did not damage the reputation of Coinbase, which remains one of the most advanced crypto security companies. As always with wallets available on desktop or in app, there is always a risk of phishing, and it is up to the user to be very careful.

4. Trust Wallet: The most secure app
As its name does not indicate, Trust Wallet is a software wallet attached to the giant Binance. The advantage of being affiliated with an international war machine is that you never overlook security with this application, which meets the criteria of a cold wallet with the conditions of a hot wallet. .

Trust Wallet became Binance’s official wallet in 2018. The app is one of the most secure solutions on the market and has the merit of being very simple. We are seduced by the great diversity of the assets supported and by the ergonomics of the application.

An application with tunes from the vaults
Some apps give a stronger sense of security than others. This is the case of Trust Wallet, which combines two qualities: total anonymity (no need to enter an e-mail address) and multi-factor verifications. You cannot take screenshots on the application, a default setting that shows a great concern for security. The reason Trust Wallet claims it performs as well as a real cold wallet is because your keys belong to you and are never stored on a server.

This security guarantee is very significant, and it is clear from the very responsive customer service that Trust Wallet takes its users seriously. Trust Wallet can boast of supporting currencies from 33 different blockchains, a diversity that echoes Binance’s large catalog. The flagship token is of course the Binance Coin (BNB), even if the application has its own TWT token. This wallet is a good option for learning about staking. Trust Wallet is therefore a very versatile application that will allow you to store, stake and buy your coins with a feeling of security that has not been denied since its creation in 2017.

Which is the Best Wallet for Cryptocurrencies in 2022?

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