Sat. Sep 30th, 2023
crypto wallets

Multi-currency crypto wallets let you take advantage of the wide selection of tokens available today. However, with so many different wallets available, finding the right type of wallet is far from easy.

And this is why my team and I have spent weeks testing hundreds of the best multi-currency crypto wallets and we’ve shortlisted the top 4 wallets available. 

You can check them out here below.

  1. Trust Wallet — Compatible With More Than 1 Million Tokens
  • Supports more than 1 million cryptocurrencies
  • Can buy and stake cryptos in-app
  • Able to accept NFTs
  • Non-custodial
  • Available on Mac devices

Trust Wallet is compatible with more than a million types of different cryptocurrencies, which makes it an excellent choice for those interested in niche tokens. You also have the option to stake selected cryptocurrencies to earn rewards.

And if you’re into NFTs, you’ll be pleased to know that Trust also allows users to store NFTs on it. Thus providing you with a single platform for all your crypto-related assets.

As a mobile-focused wallet, Trust is available primarily on mobile devices but there are builds that allow you to use it on certain Mac OSs. 

One minor issue that I have is the lack of multi-factor authentication, which makes the wallet somewhat vulnerable to unwanted log-ins. But it makes up for it by being a non-custodial, decentralized wallet, hence further complicating efforts by hackers to steal your tokens or NFTs.

  1. Exodus — Stores 150+ Types of Cryptocurrencies
  • Useable with more than 150 different cryptos
  • Straightforward, user-friendly interface
  • Easily linked with exchanges and DeFi networks
  • Non-custodial 
  • Useable with Trezor hardware wallets

Exodus provides support for more than 150 different cryptocurrencies. These include Bitcoin, Ethereum, Doge, Litecoin, and other mainstream tokens. This coupled with its user-friendly interface make Exodus one of the best wallets for new users looking to get into crypto.

Besides that, the wallet uses a non-custodial system and can be interfaced with Trezor hardware wallets. Hence, letting you secure your assets offline while still having the flexibility to send/receive tokens at your own convenience. 

Unfortunately, Exodus currently does not support customer fees for altcoins. But you can still set your own fees if you’re sending Bitcoin or Ethereum 

  1. Coinbase Wallet — Good Support For Cryptos & Secure To Use
  • More than 40,000+ cryptos supported
  • Can stake selected cryptocurrencies
  • Easy-to-use design
  • Non-custodial
  • Only charges network fees

With Coinbase, you have access to a wallet which supports more than 40,000 different crypto tokens. From mainstream tokens to altcoins of all types, Coinbase makes it easy to receive just about any type of crypto asset.

As an added plus, you can also stake selected cryptocurrencies to generate additional income for yourself. And thanks to its simple design, newcomers will have no trouble making use of the wallet.

On the downside, Coinbase has a history of poor customer service which included slow response times and unreachable service reps. Fortunately, most complaints are more than a year old and Coinbase has pledged to make changes. 

  1. Binance Wallet — Great For Advanced Traders Looking For A Multi-Currency Wallet
  • Store 360+ different coins (But U.S users only have access to 60+)
  • Backed by a reputable exchange — Binance
  • Ideal for more experienced investors
  • Good selection of trading options and order types
  • Non-custodial

Binance wallet is compatible with more than 360 different coins which range from standard tokens to more niche alt coins. This allows you to store a variety of crypto assets as and when you need them.

Also, the wallet is backed by a reputable exchange i.e. Binance which provides an added element of security. And because it is a non-custodial wallet, all private keys are stored on your  device, making it harder for hackers to gain access to your funds.

However, you should keep in mind that Binance has faced crackdowns with regards to financial regulation in countries like the US and China. Because of this, US-based users only have access to 60+ tokens.

Fortunately, Binance makes up for this with its wide array of trading options and orders. All of which makes it a great choice for more experienced investors.

Multi-currency crypto wallets are a great way for you to safely store different crypto tokens and in some cases, NFTs. All of the wallets listed here are safe and easy to use, making them a great choice for both new and experienced investors.

By Admin

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