If you are a beginner, then you are probably storing your cryptocurrency at an exchange like Coinbase, which is ideal for small amounts. However, it is preferred that you get a bitcoin wallet if you plan to expand your funds.
The reason why bitcoin wallet is preferred lies in the amount of security offered by it. Having a cryptocurrency wallet means that only you can access your digital currency. Moreover, you will have a private access key to your wallet that only you will know.
Lastly, storing digital currency on a third-party website makes it vulnerable to thefts and hacks. Therefore, a bitcoin wallet ensures unmatched security and protection of funds.
In this article, we have narrowed down some of the best options for you.
According to reviews, the Ledger Nano X is the best crypto wallet currently available in the U.S. In addition, this wallet contains high spec security features. So, you do not have to worry about hacking attacks or theft of any sort.
The Ledger Nano X supports a great number of crypto coins. As a result, one wallet is enough to secure your coins. In addition, the Ledger Nano X is a hardware wallet, and it is also known as the cold wallet because it offers offline storage.
You can connect this wallet to your device using a USB or a Bluetooth connection. So, Ledger Nano X gives you multiple options. You can use the Bluetooth connectivity of your phone if you do not have a USB port.
Using the Ledger Nano X, you can buy or manage your crypto whenever you want and anywhere you are. So, the usage of a wallet will not geographically restrict you, as you can check your coins and manage them even if you are enjoying your summer vacations away from home.
Moreover, Ledger Nano X ensures speedy services, so you can buy and exchange your crypto in mere seconds. Moreover, the wallet is simple to use, so you do not need any technical knowledge to use it.
Features
- Mobile Friendly
Ledger Nano X is a physical wallet that is considered to be the best hardware wallet for a reason. You can manage, exchange, and buy your crypto on the go, as mobile users can use their wallet on their phone. So, even if you do not have your laptop around you, you can still trade effectively from your Android and iOS devices.
The wallet connects to your phone via Bluetooth, which most phones have. Moreover, the wallet has a large screen, which ensures ease for users no matter where they are.
- All Crypto in One Place
The wallet of the Ledger Nano X has the highest capacity, meaning you can install more than 100 apps at the same time. These apps include Ethereum, XRP, Bitcoin, and more. In addition, you can store more than 1,800 different tokens.
The good thing about Ledger Nano X is that you can buy, exchange, and grow your crypto portfolio all in one place.
- Box Contents
The Ledger Nano X contains one hardware wallet, one USB-C to USB-A cable, three recovery sheets, one leaflet to guide you, and one keychain strap.
- Compatibility
You can use the Ledger Nano X on a 64-bit desktop computer. This includes Windows 8+, macOS 10.10+, and Linux. However, you cannot use this wallet on ARM processors.
Fortunately, this wallet is compatible with smartphones. So, you can use it on Android and iOS 9+ as well.
- Easy Return
The company behind Ledger Nano X knows that purchasing this device is a big investment. Therefore, they have a return policy. In case there is something wrong with the product, you can contact the company within 14 days for a refund or exchange.
- Customer Support
- Send and Receive
- New Software
- Privacy Policy
- Terms of Use
- Easy to use
- 24/7 live chat support
- Compatible with the mobile and desktop wallet
- More than 100 cryptocurrencies supported
- Vulnerable to malware
With this device, you can send and receive bitcoins safely. All you have to do is use a QR code or address, and Exodus will automatically check the address you have used and verify from you to eliminate all sorts of errors.
Exodus has been in business since 2015, and the company has released new software every two weeks since then. This is to ensure you get to benefit from better technology every time. Moreover, new software ensures high speed for the users of Exodus.
In the privacy policy section, you can learn why Exodus asks for certain information and how the company collects information automatically. Moreover, Exodus explains the ways it protects your funds from theft and hacks.
All of the content available on the website is protected worldwide by copyright laws. Moreover, the terms explain the usage of the software and how the software is protected to secure your data. You can also read about the third-party services, certain restrictions, and updates in terms of use section.
Lastly, make sure you fully agree to the terms of use before taking services from Exodus.
Pros
Cons
=> Click here to get more information about Exodus
#5. Mycelium: Easily Store Bitcoin in Offline Device
Mycelium is an online hot wallet, and by using it, you can store multiple digital currencies on your mobile. This ensures you can easily trade your bitcoin or any other coin in an everyday setting.
Mycelium is easy to use, and the instructions are easy to follow. So, you can get started hassle-free.