A crypto wallet is a software or hardware application that stores cryptocurrency. it is tough to use cryptocurrency without a wallet. Some cryptocurrencies do not exist in any physical shape, so they cannot be stored anywhere except in a wallet. Today I am going to list down the best cryptocurrency wallets.
These are the best Crypto Wallets To Use in 2023
1. Zengo – the most secured crypto wallet
Zengo is the most secure cryptocurrency wallet, Zengo has become the most secure wallet by removing the private key vulnerability. You can open an account in 30 seconds and store your cryptocurrency right away.
Zengo was the first wallet to use biometrics security. Million dollars of NFTs and coins have been stolen because of private key management, that’s why Zengo created the first biometric-secured wallet. ZenGo offers 24/7 in-app customer service with real people and supports 70+ assets.
2. PrimeXBT – best exchange with no KYC requirements
primeXBT is a popular copy trading and margin trading platform for all-level crypto traders. Their copy trading options allow professional trades to monetize their trading so that beginners can copy it and get the same results.
PrimeXBT tried its best to see all of its users are safe from criminals attack, all of the users’ assets are stored in a cold wallet.
3. Binance – the most advanced wallet
Binance is the most popular crypto wallet, it has features like auto-invest, p2p trades, staking, and future trades.
the companyhas its own coin called BNB which is among the top 5 Crypto coins globally.
(2FA) to ensure its users are safe. Binance uses cold storage, as 90% of its coins are stored in cold storage.
In May 2019, a hacker stole over $40 million of bitcoins. Binance has fixed the vulnerability and returned the asset to the affected users.
4. Coinbase – Wallet For Beginners
Coinbase is not only used to store coins, you can buy and sell cryptocurrency in Coinbase wallet. You can also store NFTs in a Coinbase wallet.
The wallet supports over 100+ countries and over 400+ assets. Coinbase has both a private key and a biometric security system which makes it very strong and impossible to be hacked.
Coinbase was hacked in 2021, but they immediately fixed the vulnerability by hiring professional hackers to find the issue.
5. Crypto.com – Defi wallet
Crypto.com is a fast-growing crypto exchange platform that allows users to buy, sell and store cryptocurrency. It also offers an NFT marketplace, credit card, and a standalone wallet.
Crypto.com uses cold storage and dynamic and static source code analysis tools, it also pays professional hackers to scan their site for vulnerabilities so that they will be fixed.
On 18th Jan 2022 crypto.com was hacked, and a sum of $15 million was taken. However, the team returned the assets to its users. This wallet is one of the best cryptocurrency wallets in 2023
Conclusion: in this article, you will find the most secure crypto wallet. And the wallets you can start with as a beginner.
Crypto is taking over the internet, that’s why it’s important to start crypto trading in 2023.
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