In this article, we will provide the best wallets for cryptocurrency, so that you keep in a safe place and easy to access, in addition I will explain the types of wallets and their respective advantages and disadvantages. There is no question that cryptocurrencies are fast-growing digital currencies that thousands of people are using for trade and investment, especially Bitcoin and Ethereum. However, they are not very different from the paper currency because as their paper counterparts, they also need a place to store and secure – in this case does not refer to a digital wallet or purse.
There are quite a few options when it comes to digital wallets to store cryptocurrency, however, it can be difficult to make the right decision one, and this is harder if you are new to the world of the cryptocurrency. That is why, in this article, you will be guided by the wallets more reliable and we will help you choose the correct wallet to store your cryptocurrency funds.
What are the best wallets for cryptocurrency in 2018?
Wallet software is downloaded and stored on your computer, as well as the private keys of your encryption. Although these are built to be easy to use, is to know something about technology for use, because it is always a good idea to add an additional layer of security to your wallets of software.
Xeth
This is an Ethereum free wallet and open source unlike the two previous wallets. XETH has a clean interface and functional that implements several useful features including support for BitProfile, transactions stealthy, address book and many more. Due to the lack of support for Bitcoin and other XETH cryptocurrency, is not the best choice for all.
What I like about this one characteristic of stealth payments – you get an extra level of privacy and anonymity that allows you to perform transactions without disclosing your details to all over the world unlike normal transactions. In addition, the support of the portfolio to BitProfile allows you to share your user profile through multiple decentralized applications (DApps) without losing your privacy.
Jaxx
Jaxx is an exccelent choice and an independent multi-currency for desktop and mobile platforms. cryptocurrency supports a number of popular, including Bitcoin, Ethereum Ethereum, Classic, Dash, Litecoin, Zcash Augur, and Rsk. With its minimalist interface, simple features and support for multiple platforms, has become my favorite wallet.
It allows you to back up and restore the wallet using a backup, the importation of funds a portfolio of paper and the configuration of a security PIN are some of its advanced features that can be tested easily. Despite the fact that it works perfectly for the day-to-day transactions, you must perform regular backups of your wallet, because it stores the private key locally, so they may be lost accidentally.
The simple interface and attractive for multiple platforms make it a great choice. Its support for the exchange ShapeShift gives you an advantage over traditional portfolios or officers. Allows you to quickly change your cryptocurrency assets from the portfolio of Jaxx.
Exodus
This multi-purpose wallet that allows you to manage and change safely the assets of the block chain, With Exodus you can store, transfer and exchange several coins as Augur, Bitcoin, Dash, Dogecoin, Ethereum, Golem and litecoin. Exodus, however, is not compatible with Ethereum Classic.
The clean and organized interface makes you feel that you are in control of your cryptocurrency. Thanks to their private keys that are stored only on your computer, it is more secure than the wallets that store this information in the cloud. Such a feature, however, raises the risk of losing your wallet in case your computer is broken; therefore, it is absolutely necessary to have a backup of your wallets of software if you use Exodus.
The powerful and extremely intuitive interface, Exodus offers a very strong funcional system of exchange of digital assets : this is mainly thanks to the shapeshift integration. In terms of security, ensures all your information (including private keys) with a password, and gives a word of backup of 12 words to restore a lost wallet using a backup wizard step by step.
The importance of these crypto wallets
All of these cryptocurrency wallets are worth checking out but some are much better than others without a doubt. The most important thing to remember is that the three wallets that we have mentioned here today have the factor of being extremely reliable so far with heir services. I will say that using wallet hardware for cryptocurrency funds is very useful. Despite the fact that they are more expensive, offer the best security – no matter the amount of cryptocurrency transactions you make, whether it is a cryptocurrency a day or millions of them. If you want to do of the cryptocurrency a serious business in the world of cryptography and don’t want to have problems along the way, just consider the wallets of Ledger Nano S hardware or TREZOR.
If you feel you are not ready to buy a wallet of hardware, which is a likely situation for someone who is just starting in this world of the cryptocurrency, look for wallets of software as Jaxx or Exodus. Note, that the wallets of software are as safe as the computer you are, and that means they are prone to malware and other attacks that can steal your wallet. If you happen to use any wallet software, remember to clean and scan your computer for any programs create for bad purposes. The best choice is to install an efficient online anti-virus with a firewall software. And finally, here’s a tip – don’t forget to store your long-term investment in a portfolio of paper; it will be the best decision of your life.
Final thoughts
Keep these tips in mind and you are going to be able to get the kind of results you want. These wallets will keep your cryptocurrency safe and they will make the process of using them much easier for anyone who is getting started.