Cryptocurrency wallets are essential to store your digital currencies online. These wallets are the pieces of software that can give you access to any cryptocurrency that you own.
These wallets store two keys, i.e., private and public keys. The private key is how one accesses the wallet. This key is more important than your PIN in which you can keep your digital currencies safe and secure.
On the other hand, the public key is the wallet address. With this key, you can send money to any account. Keep in mind that it is more important than your bank account number, and you must not share them with anyone. The cryptocurrency wallets permit users to send, receive, and trade cryptocurrencies.
These wallets do not store blockchain assets physically; instead, the wallet stores private and public keys. Cryptocurrency wallets allow users to store and manage digital currencies and blockchain assets with a digital solution.
Top 5 Cryptocurrency Wallets To Use
The importance of cryptocurrency wallets is already described above. Now, to store your cryptocurrencies such as bitcoin, you need a digital wallet.
Therefore, the top 5 cryptocurrency wallets to use in 2020 are described below,
Freewallet is one of the best cryptocurrency wallets, and it is available for both Android and iOS. This cryptocurrency wallet offers various unique features to keep your blockchain assets and digital currencies safe and secure from hackers.
However, it is crucial to keep your private and public keys secure, and you must not share it with anyone. On the other hand, it offers single-coin wallets for more than a hundred cryptocurrencies.
It also supports credit card purchases. Moreover, to minimize the risks of theft, it fixes weekly and daily transaction limits, and this way, your wallet will be secure.
Guarda is another cryptocurrency wallet that consists of unique features that will hold all your attraction for a while. It supports more than ten thousand tokens and over 45 blockchains.
This multi-platform wallet allows users to send, receive, and trade cryptocurrencies all over the world. It makes your transaction very quick and easy.
On the other hand, this cryptocurrency wallet offers web-based exchange, token generators, and chrome extension. You can use this wallet for both desktop and mobile devices.
GreenAddress is a bitcoin wallet designed with superior privacy and security. This cryptocurrency wallet supports both hardware and liquid wallets like Trezor and Ledger. You can also visit bitcoins-union.com for more details.
On the other hand, this device is available for both mobile and desktop. This wallet offers a watch-only mode that allows users to receive funds, check balances over public WiFi.
Moreover, there is no KYC to ensure anonymity. To validate the transaction, usually, two signatures are required – one from the GreenAddress and the other from the user.
Atomic Wallet is a decentralized and non-custodial solution that allows users to buy, exchange, and store more than five hundred crypto assets.
Moreover, there is no verification required for basic functionality as the private keys are encrypted and collected on user devices. It allows cryptocurrency users to do a smooth transaction in a very short time.
You can use this cryptocurrency wallet on both mobile and desktop. It offers zero-fee staking for ATOM, Tezos, and other coins. This wallet makes our transaction very quick and secures all our transaction details.
Coinomi is a cryptocurrency wallet for both desktop and mobile. This wallet is regarded as the oldest multi-chain wallet.
During transactions, it hides the user’s IP address to make the transactions safe and secure. Also, there is no KYC required to access funds. This wallet is one of the popular cryptocurrency wallets that you can use in 2020 to store all your blockchain assets and cryptocurrencies.
With the help of the app’s built-in exchanges, nearly eighteen hundred crypto assets traded instantly. This wallet will keep your data safe from hackers and thefts on the internet.
The Final Thoughts
Therefore, these are the top 5 cryptocurrency wallets that can use in 2020 to store your blockchain assets and cryptocurrencies. These wallets make your transaction quick and easy.
The above-listed wallets are the best choice if you are searching for the best cryptocurrency wallet.