Safely storing your cryptocurrency in a proper wallet is important. Here are the four best places to keep (and trade) your digital assets.
NAGA WALLET
In the competitive cryptocurrency wallet space, the NAGA WALLET is hands-down the best — thanks to its ability to dramatically simplify everything that makes cryptocurrency storage and trading complicated.
Unlike a lot of wallets out there, NAGA WALLET supports over 1,200 different cryptocurrencies and conveniently supports crypto-to-email transactions — effectively eliminating the stress that comes with entering private keys. NAGA WALLET users are able to both send and receive cryptocurrencies by just using a registered email address.
Furthermore, NAGA WALLET boasts some of the lowest fees to be found anywhere in the cryptocurrency space, while also letting users take advantage of zero fees on internal transactions.
Another feature which differentiates NAGA WALLET from the crowd is the fact that it’s also an ICO hub and makes participation in token sales easier than ever before. It also offers real-time token price information, instant transactions, and a built-in exchange — allowing users to internally convert cryptocurrencies with just a few clicks.
One user testimony reads,
“I recently made a BTC transaction and forgot that I’d set a super low fee. I was afraid that it would be stuck there forever. In the end, I waited 7 hours for the confirmations to go through. With NAGA WALLET, however, transactions to other NAGA WALLETS are instant — now, I really understand the benefit.”
There should be little doubt — when it comes to the combination of functionality, convenience, and security, no wallet beats NAGA WALLET.
Coinbase
Coinbase is probably the second best wallet available to cryptocurrency investors, after NAGA WALLET.
Coinbase’s shines with its ease of use and beginner-friendly interface, which makes it simple for even the most computer-illiterate to make their first Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), or Bitcoin Cash (BCH) purchase with fiat currencies.
It also lays claim to one of the most secure hot wallets in existence, with users’ USD funds being completely insured by the FDIC. 2-Step Verification, Google Authenticator support, and the ability to “Vault” large amounts of funds also help users keep some peace of mind.
As an added bonus, users may transfer their funds to Coinbase’s sister exchange, GDAX, for free. However, with only four cryptocurrencies currently supported and high trading fees, Coinbase isn’t suitable for serious cryptocurrency traders.
GreenAddress
GreenAddress is a strong and full-featured private wallet which offers an extensive list of benefits.
Most notable, GreenAddress may be safely accessed from anywhere, including public WiFi, thanks to watch-only logins. This affords users the ability to quickly check their balances and transactions without worrying about prying eyes.
All access is controlled by one mnemonic phrase, transactions are instantaneous, keys can easily be swept for imported coins, two-factor authentication is supported, and a GreenAddress signature is required to move coins. Additionally, users may also set transaction limits and restrictions and create backup keys.
Furthermore, user secrets are never transmitted to GreenAddress’ servers, nor are they stored unencrypted on users’ devices. In fact, almost no information is stored by the service — making GreenAddress a fine option for the privacy concerned.
MyEtherWallet
If you want to hold your own private keys without spending big on expensive hardware wallets, MyEtherWallet is a great free paper wallet.
With paper wallets, users may easily generate their own wallet online and write down their private keys. The website neither stores nor transmits any private information, but those who value security and privacy to an extreme may download the wallet from GitHub and run it offline.
Though MyEtherWallet is a strong option, paper wallets require more knowledge than the average cryptocurrency investor currently possesses. Because of this, MyEtherWallet isn’t recommended for beginners.
Which wallet would you add or remove from this list? Do you agree that NAGA WALLET is the best? Let us know in the comments below!