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5 Best Crypto Wallets Apps in 2022

5 Best Crypto Wallets Apps in 2022

Are you searching for some best crypto wallet apps? If yes, then this blog will be very helpful for you because in this blog i will share 5 Best Crypto Wallets Apps in 2022. We have done proper research about best crypto wallets and after that we have listed 5 Best Crypto Wallets Apps in 2022. If you want to learn about crypto wallets then read this complete blog carefully.

What is crypto wallet ?

Crypto wallets store your private keys, keeping your crypto safe and accessible. They also allow you to send, receive, and spend cryptocurrencies like Bitcoin and Ethereum.

Crypto wallets keep your private keys – the passwords that give you access to your cryptocurrencies – safe and accessible, Manage all your digital assets in one secure place, Control your own private keys, Interact with usernames rather than long, hexadecimal “public key” addresses, Shop at stores that accept cryptocurrency and also allow you to Send and receive cryptocurrency to and from anywhere in the world like Bitcoin and Ethereum. They come in many forms, from hardware wallets like Ledger (which looks like a USB stick) to mobile apps like Coinbase Wallet, which makes using crypto as easy as shopping with a credit card online.

List Of 5 Best Crypto Wallets Apps in 2022

  1. Coinbase – Best for beginners
  2. Binance – Best for Digital Cryptocurrency Wallet for Trading
  3. Crypto.com – Best deFi wallet
  4. Ledger Nano X – Best Offline Crypto Wallet
  5. Mycelium – Best for mobile

#1 Coinbase

Best crypto wallet for Beginners who have little no experience in the crypto market.

Best crypto wallet
Best crypto wallet

If you’re searching for the best Bitcoin wallet for beginners, Coinbase is worth considering, Because Coinbase is a hot crypto wallet that can sell, transfer, buy, and store digital currencies. You can store all your NFTs and crypto coins in one place in Coinbase Wallet. This Crypto wallet can store non-fungible tokens and digital collectibles, and it supports over 500+ crypto assets — the largest number among hot wallets on this list.

It’s important to make a distinction between Coinbase the exchange and the Coinbase wallet. The Coinbase wallet may be used without opening an account with one of the largest cryptocurrency exchanges. Coinbase Wallet is non-custodial, which means you have access to your wallet’s private key. It is generated with a 12-word recovery phrase on your sign–up. It also provides Two-step verification, Biometric logins, FDIC-insured USD balances, and AES-256 encryption for digital wallets — so you don’t need to worry about your currencies being locked for any reason or exposed to a cyberattack on the website.

👍 Pros
  • User-friendly interface that is easy to navigate
  • Multi-signature and 2-factor authentication support.
  • Provide optional cloud backups which can protect your digital keys.
👎 Cons
  • High transaction fees
  • Limited trading types
  • Only available on mobile and tablet devices (except for Chrome extension)

Key Specs:

  • Staking Support: Up to 8% APY in crypto savings
  • Coins Supported: 500+ cryptocurrencies, including BTC, ETH, LTC, BCH, DOGE, etc.
  • Type of wallet: Hot storage
  • Available Countries: 100+ countries like South America, North America, Asia, Europe, Africa, Oceania, etc.
  • Mobile App: Android and iOS.
  • Blockchain Support: It supports various blockchains like Arbitrum, Avalanche C-Chain, BNB Binance Smart Chain, Gnosis Chain, Fantom Opera, Optimism, Polygon, xDai.
  • Regulations: Coinbase is also registered as a Money Services Business with FinCEN.
  • Customer Support: Coinbase help page, emailed support, an automated phone system, and a chatbot.
  • Signup Bonus: $5 For US Citizens
  • Price: Free

Website link: Coinbase

#2 Binance

Best for Digital Cryptocurrency Wallet for Trading looking for multiple features in their wallets.

Best crypto wallet
Best crypto wallet

If you’re looking for a safe place to store your digital currencies but you also want access to trading features, Binance could be the best crypto wallet for this purpose. Binance is a central cryptocurrency exchange platform with a robust selection of crypto trading features. Binance was founded in 2017 by software developer Changpeg Zhao.

This crypto wallet offers leading crypto features like Auto-invest, staking, Defi, Futures and Options, and P2P trades. Their average 24-hour trading volume is worth $100 billion, crediting users’ trust in their system. Their native coin, BNB, is among the Top 5 crypto globally. This crypto exchange has a Blockchain called the Binance Chain. The Binance wallet app allows you to buy and sell digital currency at a commission of just 0.10%. It is available to download free of charge to both iOS and Android devices and the app will link to your main Binance account.

👍 Pros
  • Over 1500 cryptocurrencies for trade
  • Wide selection of trading options and order types
  • Low non-instant and instant buy fees
  • Affordable fees
  • Provides comprehensive charting feature
  • Provides comprehensive charting feature
👎 Cons
  • Hiccups in account verification
  • Not a good customer support.
  • Non-transparent corporate structure

Key Specs:

  • Coins Supported: 1000+ including BTC, ETH.
  • Signup bonus: Use Referral ID C2NIWDDM and get 5% commission kickback
  • Type of wallet: Hot wallet
  • Available Countries: UK, USA, Belgium, France, Italy, and 95+ countries.
  • Mobile App: Android and iOS.
  • Insurance: All U.S. dollar deposits at Binance.us are held at custodial bank accounts and insured up to $250,000 for bank failure by the Federal Deposit Insurance Corp.
  • Staking Support: It launched the “High-Yield Center,” where you can stake and earn up to 104.62% APY.
  • Blockchain support: BNB, Polygon (MATIC), SOL, Polka dot (DOT), Cardano (ADA), ERC-20, BTC, ETH, LTC, etc.
  • Price: Free

Website link: Binance

#3 Crypto.com

Best for active traders 

Best crypto wallet
Best crypto wallet

Crypto was founded in 2016 in Hong Kong by Bobby Bao, Rafael Melo, Kris Marszalek, and Gary Or. It currently has 15M+ users from 85+ countries

Crypto.com offers 250+ coins and is one of the fast-growing crypto exchange platforms. It allows users to sell, hold, buy and trade an extensive list of coins and enjoys low trading fees. The Crypto.com DeFi Wallet is an excellent choice for users who are starting their journey into decentralized finance. Defi wallets give users full control over their digital assets and private key, which they are responsible for safekeeping.

You can also hold your crypto for a set period of time and earn up to 14.5% interest on it.

👍 Pros
  • It offers an extensive list of supported cryptocurrencies
  • Intuitive & convenient interface with robust features
  • Support for an ecosystem of cryptocurrency products
  • There are certain added benefits for staking CRO
👎 Cons
  • More expensive than other hardware wallets with similar functionality
  • Trading fee discounts can be confusing to navigate
  • No support for iOS devices

Key Specs:

  • Coins Supported: 250+ cryptocurrencies are available like Bitcoin (BTC), Ethereum (ETH), LiteCoin (LTC), Dogecoin (DOGE), Polkadot (DOT), and and much more.
  • Mobile App: Android and iOS.
  • Type of wallet: Hot wallet
  • Customer Support: Help page, email,24/7 live chat
  • Available Countries: 90+ countries are likely available: Argentina, Austria, Australia, British, Bulgaria, Canada, Cayman Islands,  Bahrain, Barbados, Belgium, Bermuda, Brazil, Virgin Islands, Chile, Colombia, Costa Rica, and much more
  • Staking Support: You can earn up to 8.5% interest per year on cryptocurrencies and up to 14.5% interest per year on stablecoins
  • Blockchain BSC, ERC-20, Arbitrum, AVAXC, BEP2, etc.
  • Price: Free

Website link: Crypto.com 

#4 Ledger Nano X

Best for Cold Wallet for those on a Budget

Best crypto wallet
Best crypto wallet

Ledger Nano X is the advanced cold wallet by Ledger Company. Because its number of supported currencies, high security standards and mobile trading capabilities. It is bundled with features like Bluetooth and USB-C cable connectivity. It allows you to easily manage the cryptos and NFTs. It strikes a good balance of accessibility and security. Ledger Nano X is packed with the most convenient form factors and uses micro-LCD.

The Ledger Nano X is currently priced at $149, comes in a matte black finish and has a 128 x 64-pixel screen for cycling through apps. The wallet supports over 5,500 coins and tokens — one of the largest numbers on our list — and is able to manage up to 100 of them simultaneously through the apps on the device.

For the setup, you need to start with setting up a PIN, then a 24-word phrase, which acts as your wallet’s private key. It works best when paired with Ledger live smartphone app. using the app, you can easily and quickly view your balance with or without the device.

👍 Pros
  • It supports 5500+ coins and tokens.
  • It offers Bluetooth connectivity
  • There is no need for an OTG kit. It has a USB-C cable.
  • It has 8-hour battery life.
  • 24/7 customer support
👎 Cons
  • No touchscreen
  • Does not offer touch screen support .
  • Much more expensive than other cold wallets

Key Specs:

  • Coins Supported: 5500+ coins, including Bitcoin, Dogecoin, Ethereum, Litecoin, LINK Chain-link, etc.
  • Type of Wallet: Cold wallet
  • Mobile App: Android and iOS.
  • Size: 72mm × 18.6mm × 11.75mm
  • Battery: Lithium-ion 100mAh battery that gives 8 hours of extended battery life.
  • Connectivity: USB-C cable and Bluetooth
  • Customer Support: live chat, and email chat
  • Certification: It is certified by CC EAL5+
  • Staking Support: Yes
  • Blockchain Support: ERC20
  • Price: $149

Website link: Ledger Nano X 

#5 Mycelium

Best for Mobile Wallet.

Mycelium is one of the best mobile devices crypto wallets because of its strong focus on security and advanced transaction history information. It gives you complete control over the transaction fees. It enables investors to securely manage Ethereum, Bitcoin, and ERC-20 tokens.

Mycelium provides advanced features like cold storage integration, spending accounts, and even single address savings accounts. Mycelium is another well-established crypto wallet with a big focus on Bitcoin. Introduced to the market back in 2008, it is a platform for investors to send, store or trade Bitcoin and other cryptocurrencies. It also supports different account types like Single Address, Bit ID, Watch Only, HD, and Hardware accounts.

A watch-only mode, which lets users disable outgoing transactions while keeping track of their stocks and trades

👍 Pros
  • It is compatible with popular cold storage solutions (Ledger, Trezor, KeepKey)
  • Offers an easy-to-use interface
  • In-app crypto exchange and educational material
  • Offers offline transactions
👎 Cons
  • Supports very few cryptocurrencies
  • Only available on mobile.
  • Only supports Bitcoin, Ether, and ERC-20 tokens

Key Specs:

  • Coins Supported: 22+ BTC, USDC, USDT, BUSD, ETH, ETC
  • Type of Wallet: Hot storage
  • Available Countries: USA, Canada, Europe, Africa, Latin America, and Asia
  • Mobile App: Android and iOS.
  • Staking Support: No
  • Customer Support: Email customer support
  • Price: Free

Website link: Mycelium

I hope after reading this complete blog, you will able to know about crypto wallets and also you will able to know about 5 Best Crypto Wallets Apps in 2022.

If you have any questions related to crypto wallets then you can ask your questions in comment section or you can also massage me on Instagram.

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