Crypto Wallets You Need To Explore
While selling, buying ,or storing cryptos, you need to keep a wallet that will ensure your coins stay safe for the longest possible time. Using a key code, the wallet helps you have some level of security for your coins.
Now that digital currency has gotten global recognition and almost everyone has decided to trust cryptos, you need to make a proper plan on how you need to manage your trading procedures. If you buy the coins and plan to keep them for some time, you will need to have access to either a hot wallet or cold wallet till the time you sell them off.
Choosing a crypto wallet may be tough! There are a plethora of options available to you and making the right choice surely is perplexing. Some of the best wallets that you need to explore and get the benefits of are as follows:
- Mycelium
Mycelium is getting a lot of popularity over time. The fact that it is compatible with most of the cold storage makes it worth opting for! For instance, Ledger and KeepKey work well with it. The wallet mainly focuses on the security of the assets. It offers top-notch privacy and shelter to the users.
Compatible with Most Of The Operating Systems
No matter if you use android or have iOS compatible phone, Mycelium will work on both without any issue. The interface of the app is extremely user-friendly.
Even if you are using it for the first time, you will most likely be able to manage the functions yourself quite swiftly. Connect it with the the official website and things will get even easier for you!
The app has numerous pin protection levels. If you feel like the code is being duplicated, you can easily reproduce the app once again just the way you want to.
Customizable Transaction Fees
The transaction fees also come in numerous modes. There are basically four levels of these transaction fees including low priority, economic, high priority,and normal.
To manage these different transaction levels, varied custom accounts are also possible to maintain. This furthermore enhances the productivity of the wallet for new investors.
Highest Security Against Unwanted Transactions
If you fear ending up making a transaction by mistake, you can turn on the watch only mode. This mode will disable all the outgoing transactions. Hence, while ensuring no transaction occurs, you can easily keep a track of all your trades and stocks.
- Ledger nano
Ledger nano is yet another crypto wallet that is highly secure and easy to use even for first-time investors. This cold wallet is highly secure and comes with a number of features that make it a sought-after wallet
Built-in features
This wallet comes with certain features that are exemplary. For instance, the built-in battery is something that is highly commendable and makes using it for as long as eight hours quite possible. Alongside this, Bluetooth compatibility makes it feasible to manage assets effortlessly.
Security chip
To further enhance the security prospects, it has a security element chip, which gives top-notch security to the user. You can secure all your credit cards and passport information on it, and it will ensure that no cyber-attack affects it.
- Exodus
For those who love to manage their transactions through a desktop PC, Exodus is the best crypto wallet to opt for. With this, you can keep a track of and manage as many as 140 assets in the form of crypto. It is also compatible with hardware wallets including Trezor T and One.
Customer support system
What sets this wallet apart from others is its exceptional customer support. No matter when and in which step you get stuck, you can always get support and help from the customer representative.
As these advisors are available 24/7, you would never feel any insecurity about your activities halting due to confusion or lack of information.
Attractive outlook
The outlook of the wallet is extremely attractive and makes the trader want to use it extensively without any external support. The software managers also keep on bringing updates every two weeks, which adds to the utility of the wallet furthermore.
The fee you need to pay against the features you use is highly customizable. This ensures that you dont end up losing all your money in the payment of the transaction fees on this wallet.