Best cryptocurrency wallet for multiple currencies

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This depends on how much security you're looking for. Crypto wallets were created to protect your private key and crypto assets against security breaches. While most wallets give you complete custody over your assets, not all cryptocurrency exchanges and investment platforms do and custody doesn't always guarantee complete security. And some platforms may have limits when it comes to transferring existing crypto balances. For instance, though it currently has a crypto wallet waitlist, Robinhood has long prevented users from transfering crypto into or out of their accounts.

If you're looking for external storage for your assets, cold wallets offline storage chips are probably the best option for you. Hot wallets could be a better fit if you prefer online software storage. If you're interested in securing your cryptocurrencies with a Bitcoin wallet, you'll first need to create an account with your desired platform. Most non-custodial wallets wallets that you hold complete custody over offer downloadable software that you can use to secure your private key and crypto assets.

However, if you're using a hardware wallet, you'll likely need a USB cable to connect to your platform's external storage chip. Once you've created your account, connected the necessary devices or downloaded any required software, you'll be able to transfer over any existing crypto assets. You don't necessarily have to set up your own Bitcoin wallet to store your assets.

IO — offer their own wallets to users. The difference between these platforms, though, and the Bitcoin wallets mentioned above, is mainly one of security and custody. If you'd prefer to have complete custody or control over your money, you'll probably need a non-custodial bitcoin wallet. Unlike most crypto exchanges, these stand-alone wallets give you absolute control and security over your crypto assets.

With the crypto exchange wallet, the exchange itself would still have some level of control over your assets. Disclosure: This post may highlight financial products and services that can help you make smarter decisions with your money. We do not give investment advice or encourage you to adopt a certain investment strategy. What you decide to do with your money is up to you. If you take action based on one of our recommendations, we get a small share of the revenue from our commerce partners.

This does not influence whether we feature a financial product or service. We operate independently from our advertising sales team. Check out: Personal Finance Insider's picks for best cryptocurrency exchanges. More Button Icon Circle with three horizontal dots. It indicates a way to see more nav menu items inside the site menu by triggering the side menu to open and close. Credit Cards Credit card reviews. Best credit cards.

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Personal Finance. Table of Contents. Exodus crypto wallet. Account Minimum. Account Types. Editor's Rating. Cons Not the best option for those who strictly prefer hardware wallets. Electrum crypto wallet. Pros Exportable private key Multisig feature lets you spend between multiple crypto wallets Support available for other wallets, including Ledger, Trezor, and Keepkey.

Cons No phone customer support Only accepts bitcoin transactions. More Information Features: Cold storage, add-ons supported, exportable private key; compatible with Ledger, Trezor, and Keepkey. OPOLO crypto wallet. Pros No fees to set up or use wallet More than cryptocurrencies USB encryption, genuine device check, and anti-theft protection Support for more than , tokens.

More Information Features: Company-made hardware wallet, anti-theft protection, USB encryption, genuine device check, and hundreds of cryptocurrencies. Mycelium crypto wallet. Pros No fees to use wallet Spending and savings accounts available; inter-wallet operability Platform compatible with Trezor, Ledger, and KeepKey hardware wallets In-app exchange and trading available.

Cons Only offers email customer support. More Information Features: Bitcoin with advanced storage, spending and savings accounts; in-app exchange and trading, educational materials, and inter-wallet operability. Cobo crypto wallet. Pros No minimum or account fees Can make free instant transfers with other Cobo users Supports more than 40 coins and tokens Wallet features include multi-factor authentication, hot-cold storage, and multi-signature storage. Cons Not the best option for those who prefer hardware storage Limited customer support.

More Information Features: Online storage for iOS and Android users, ability to make free instant transfers with other Cobo users, and multi-factor authentication. Freewallet secure transactions and keep your assets safe with 2fac authentication, fingerprint login Ember Fund is a managed cryptocurrency wallet app that allows users to retain control of all their assets.

Ember Fund is a non-custodial wallet system that can secure cryptocurrency assets without having full control over all asse Explore Cryptocurrency Wallets Software Category overview. Cryptocurrency Wallets. Computer Software. Financial Services. Investment Management.

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Coinbase Wallet Coinbase Wallet is a digial cryptocurrency wallet that provides a platform to store, exchange, buy, and sell multiple types of digital currencies. Read more 4. Trust Wallet Trust Wallet is a cryptocurrency wallet, which enables businesses to store, buy, exchange and collect non-fungible tokens NFTs and cryptocurrencies. Bitgo Bitgo is a cryptocurrency management software that securely transfers digital currency assets using a 3-key management system and that protects wallets from breaches and points of failure.

Read more No reviews yet. MyEtherWallet MyEtherWallet is a cryptocurrency wallet that helps organizations generate wallets, manage contracts and interact with the Ethereum blockchain. Staked Staked is a web-based solution that helps investors securely compound cryptocurrency investments through lending and staking.

Exodus Exodus is a payment processing solution that helps professionals streamline operations related to sending, receiving, buying and exchanging cryptocurrencies, such as Bitcoin, Zilliqa, Compound, Tron, and Stellar Lumens. Read more 5. Jaxx Liberty Jaxx is a cryptocurrency management platform that comes with mobile wallets, digital currency exchanges, and pricing comparisons.

Electrum Electrum is a bitcoin wallet that helps businesses process cryptocurrencies across websites. CoinPayments CoinPayments is a cryptocurrency wallet, which enables merchants, professionals and businesses to store, receive, convert, send and exchange cryptocurrencies. Trezor Wallet Trezor Wallet is a web-based cryptocurrency wallet, which helps traders control their funds, initiate transfers, and manage balance. BRD BRD is a web-based cryptocurrency wallet that helps traders exchange cryptocurrencies, control funds and monitor transactions.

Luno Luno is a cryptocurrency wallets software that helps businesses purchase, store, sell and manage various digital currencies including Bitcoins and Ethereum. Read more 3. Lumi Wallet Lumi Wallet is a cryptocurrency wallet application that helps individuals utilize cryptography, private keys, and encryption to securely store crypto assets on a centralized platform.

USDX Wallet USDX Wallet is a blockchain wallet application designed to help users transfer cryptocurrencies, store and encrypt data and validate payments using two-factor authentication. Atomic Wallet Atomic Wallet is a cryptocurrency wallet, which helps traders send and receive a variety of cryptocurrencies from within a secure platform.

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