How to choose the best crypto wallet apps

[scorpiali 5626]

On 4/9/2020 at 12:54 AM, elhadjissam97 said:

Go to the App Store or Play Store and see the comments from the people who downloaded the app before and what people say about the wallet, then go to Telegram and do the same.

Any wallet have the feedback of all user in play store and any one can choose one from these feedback and review ,But the most famous is known no one can blame them 

[bitcoinb 1359]

As usually, I suggest to go  to the higher level and choose a non-custodial wallet. Coinbase is good only for newbies (faucets users). 

[MCSGlegend 2210]

wallets on exchanges often support almost all coins, but application wallets do not, they may not support some coins/tokens, you need to choose wallets by the parameters whether you need some functions in them or not.

[Thekingcallme 1975]

The wallet is specially prepared for storing cryptocurrencies and is not like trading platforms as well as trading platforms can be closed due to the rules and laws the country in which you operate

[Raqeebzy 6456]

On 10/13/2019 at 12:53 AM, cheewy said:

sometimes, i'm very confuse about those apps. what's make them different than the others? and what's benefit if we use crypto wallet apps rather than hold them on exchange site. anyone please give me detail about fees, speed of transaction, etc. thank you 😁

 

 

Do not forget the rules for creating topics (topics begin with a capital letter)
Moderator Desais👮‍♂️

And is your topic started in block letters? 😁. 

In choosing your wallet, you have to consider some criteria like the safety (which is the most important), accessibility, compatibility and if it accepted for your country (mostly not an issue though). So putting the above criteria into consideration, I would recommend using hardware wallets, Ledger Nano wallet being the safest. 

[BitcryptoHan 2557]

14 hours ago, Rinku Das said:

Binance is best mobile wallet application and they already added lending section here. So you can lending your coins for 24 hour and they paid you 2% profit for your coins.

Binance is not a wallet, it is an exchange, you need to know the difference between wallets and exchanges, they are completely different. Exchanges are used for trading while wallets are for strong cryptocurrencies. 

[mumma 8]

As far as I know many of the people in the crypto market are trusting blockchain  for storing their bitcoin and other crypto currency because we all know that blockchain wallet is one if the best and very high security for their members .so I am also using the blockchain wallet only to store my crypto currency. 

[BitcryptoHan 2557]

20 hours ago, mumma said:

As far as I know many of the people in the crypto market are trusting blockchain  for storing their bitcoin and other crypto currency because we all know that blockchain wallet is one if the best and very high security for their members .so I am also using the blockchain wallet only to store my crypto currency. 

There are still many other wallet wallet to choose, people that just know about cryptocurrencies or that have no enough information about it around the ones that like coinbase and blockchain when there are other better wallets that require no email or any verification. Atomic, coinomi, mycelium, electrum and many hardware wallets are better than using the two. 

[Tunuu 2235]

I think they are the same but exchanges has many things than many wallets. In wallets we can only store our coins and maybe exchanging them (only few wallets) but exchanging sites we exchange, trade, invest, stake and many more things. But when we came to security i think wallets are more good.

[Yomose 3704]

1 hour ago, Tunuu said:

I think they are the same but exchanges has many things than many wallets.

Exchanges are not wallets, exchanges ate for trading while wallets are for saving cryptocurrencies. 

1 hour ago, Tunuu said:

but exchanging sites we exchange, trade, invest, stake and many more things

There are some wallets you can also invest and stake, a good example is atomic walle

[gourav789 2834]

I recommend to used hardware wallet , that's is really a secure wallet in my list . sometime not all members able to purchase hardware wallet because it's price is high . then I will recommend to used these wallets :-

coinbase , binance ( Exchange ) , trust wallet , blockchain etc .

Edited August 8, 2020 by gourav789

[Swapzone 174]

The best answer to this question is a wallet that meets your needs. What I meant to say is, all wallets have different features which make them different from other; It fully depends on what you want. For example, you want to store your funds for long time then a Hardware Wallet is better.

[BTC Future 3946]

Security is the first thing to consider when choosing a wallet. I've written it before but it is important to secure your crypto with a hardware wallet in case you are holding more than $1000 worth of value. While even with a hardware wallet we are not secure from our own mistakes, still they provide an environment more safe than mobile,desktop or web-based wallets.

[DiamondBit 720]

7 hours ago, Swapzone said:

The best answer to this question is a wallet that meets your needs. What I meant to say is, all wallets have different features which make them different from other; It fully depends on what you want. For example, you want to store your funds for long time then a Hardware Wallet is better.

I will agree because hardware wallet is good for long term storage. But we should be careful while buying hardware wallets because some can be fake and a mimic of good ones but fake. 

Getting it directly from the company is good. 

[Yomose 3704]

7 hours ago, DiamondBit said:

I will agree because hardware wallet is good for long term storage. But we should be careful while buying hardware wallets because some can be fake and a mimic of good ones but fake. 

Getting it directly from the company is good. 

I agree using hardware wallet, but for my bitcoin, I use airgapped wallet which i believe could be best and safer too like hardware wallet. They are also even cheaper. 

[Yomose 3704]

8 hours ago, Myummi said:

The exceptional manner to select a pockets app is by way of consulting the specialists or going for famous wallets and avoid new unknown wallets due to the fact there are numerous scam wallets on play store.

It is not pocket, you can check above. 

Also, the best is not about going for famous wallet, you will still have to review the wallet if it is of your taste. 

 

About scam wallets, we need to be careful as they can actually truly be on play store. 

[FlappYZoK 2493]

On 13.10.2019 at 20:08, iloveyobit said:

go to app stor and see the rates and what people are saying about the wallet , and then go to there telegram channel and do the same .

I don't think that this is really gonna work, because the rates and feedback can be purchaised by founders or creators of different apps. In my opinion, you should watch different youtube videos, read real feedback on forums etc.

[BARIFILALI 6]

f you want to buy bitcoin or any other digital currency, you’ll need to choose a wallet where you can securely store your coins or tokens. But if you’re just starting out, choosing a wallet and learning how to use it can feel complicated and overwhelming.available and how to choose one that’s right for you.

[Yomose 3704]

On 8/12/2020 at 9:42 AM, Abuyaman said:

mobile wallets are very good spacially wallets but I don't advice of wallets that came from unknown sources, I prefer to download wallets from a famous sites that offers low fees low minimum for deposit and withdraw 

Do not prefer to download a wallet from a famous site, the best and the recommended way of downloading a wallet is to visit the wallet official site, the app ate available there and you can download it. 

[gbfisher 1815]

Its depends on you if you wonna start trading then exchanging sites is great for that. Or there are mnay good wallets like trust wallet,  coin base wallet and blockchain wallet. But trust wallet is good because mainly it gives different tokens free. You can check the reviews about wallets through app store, google and on youtube. 

[Yomose 3704]

On 8/12/2020 at 9:42 AM, Abuyaman said:

mobile wallets are very good spacially wallets but I don't advice of wallets that came from unknown sources, I prefer to download wallets from a famous sites that offers low fees low minimum for deposit and withdraw 

Even, after downloading any wallet from the right source, the signature must be checked to confirm if the wallet is truly legit and from the right source. Also, using a very good wallet that has been existing for long that people are using is very good. 

[BitcryptoHan 2557]

8 hours ago, gbfisher said:

Its depends on you if you wonna start trading then exchanging sites is great for that. Or there are mnay good wallets like trust wallet,  coin base wallet and blockchain wallet. But trust wallet is good because mainly it gives different tokens free. You can check the reviews about wallets through app store, google and on youtube. 

Which token is trust wallet giving freely? It is a good wallet but I did not hear about any token given freely by the wallet. But there is a referring means to earn from the wallet but only little amount of reward that was low before and was divided later into lower amount. 

[Yomose 3704]

19 hours ago, BitcryptoHan said:

Which token is trust wallet giving freely? It is a good wallet but I did not hear about any token given freely by the wallet. But there is a referring means to earn from the wallet but only little amount of reward that was low before and was divided later into lower amount. 

Trust wallet is not given any token really an I am very sure about this. But, maybe the OP is talking about the referral reward. I have trust wallet and no coin did I found given me but nothing. 

[MalikAdnan 1662]

There are many best crypto wallet apps. But there are few that i used. If you ask i say trust wallet is the best and coinbase wallet is also good and proper working wallet. Blockchain also is one the best and secure wallet.

[nametape 31]

It all depends on personal preferences, for convenient and quick use in the ERC-20 blockchain, I personally use Metamask most often, for Tron I use TronLink