10 Best Crypto Wallet Exchanges [2022 Guide]

When you’re about to begin your journey into the world of cryptocurrency, you’ll need a crypto wallet to store any of the available cryptocurrencies you choose to purchase. A cryptocurrency wallet offers a secure place to keep your crypto. It functions just like your regular wallet or purse where you keep your fiat money.

In this article, we will explore the best cryptocurrency wallets that offer the functionality to exchange your cryptos from within your wallet’s interface. These kinds of wallets are very functional as they allow you to both store and exchange your cryptocurrencies, fast and easy – from a single app/program.

Wirex – The Best Crypto Wallet Exchange

1The Best crypto wallet exchange is Wirex. Wirex allows you to store Bitcoin, Litecoin, Ethereum,Ripple, Stellar Lumens, Waves, Nano, Dai, and Wollo. You can exchange each crypto with each other and also with fiat money such as USD, English Pounds, and Euro from within your Wirex wallet instantly. Wirex comes with a super-sleek mobile application as well as its own Visa Card. This means that you can instantly convert your crypto to fiat and spend them anywhere in the world VISA is accepted. Create a Wirex Wallet here.

Coinbase – Runner Up

2the 2nd Best crypto wallet exchange is Coinbase. Coinbase is perhaps the most popular cryptocurrency wallet and the most innovative. It offers a VISA card like Wirex and it comes with a sleek mobile application. In Coinbase you can store and exchange the following assets: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Dash, Tezos, Zcashm, 0x, BAT, Augur, Dai, and Chainlink. All these cryptos can be stored in Coibase, traded with Fiat Currencies and exchanged between them. Create a Coinbase Wallet here.

Type of Cryptocurrency Wallets

A crypto wallet is a software program that helps to store public and private keys of users as well as interact with blockchain to allow users to be able to receive and send digital currencies. 

Also, a crypto wallet allows users to track and monitor their balances. Even more, a crypto wallet can exist in a hardware format, a software format, as well a paper format.

Desktop Wallets

The desktop cryptocurrency wallets are downloaded and installed on a laptop or a Personal Computer (PC). For users to access this kind of wallet, they’ll have to do that from the single computer the wallet was downloaded. 

Desktop wallets provide one of the highest levels of security. Users, however, stand to lose their funds if a virus attacks their computers or if the computer is hacked.

Online Wallets

Online wallets are wallets that operate on cloud and are accessible from any computer or mobile device regardless of where the user may be. These online wallets are also easy to use. Since their private keys are stored online and are maintained by third parties, they are more susceptible to hacking as well as theft.

Mobile wallets

Mobile wallets run on an application and are compatible with different mobile phones. These types of wallets are useful because they can be used regardless of where you are. These types of wallets are much more portable and simpler than their desktop counterparts. This is often because of the limited amount of space available on a mobile phone.

Hardware Wallets

These wallets differ from software wallets because a user’s private key is stored on a hardware device like USB. In hardware wallets, transactions are carried out online and are recorded offline, thereby delivering a high level of security.

These types of wallets are compatible with many web interfaces, and can different currencies can also work on it. This type of hardware makes transactions convenient and easy.

All a user has to do is to plug their device to any device, be it a computer or mobile phone, that enables the internet. Then enter their pin, transfer the currency, and finally confirm.

Paper Wallets

These wallets are simple to use and also provide users with a high-security level. Paper currency refers to a printout of your public and private keys. It also means a piece of software that is utilized to generate a pair of keys that are later printed securely.

To transfer Bitcoin or any other digital currencies using a paper wallet, all you’ve got to do is to transfer funds from a software wallet to the public address displayed on a paper wallet.

Below are the best crypto wallet exchanges you should consider when dealing with digital currencies.

1. Wirex

Wirex gives users complete control over cryptocurrencies as well as the traditional financial assets. Also, Wirex provides its users with a banking solution that is a mix of traditional banking and cryptocurrencies. They provide safekeeping for Bitcoin as well as Litecoin, which are supported by an online application and a mobile one.

Wirex improves customer experience, improves security, as well as ensures optimum privacy. Some of its features include the following.

2. Coinbase 

Coinbase wallet allows users to store their Bitcoin. With a Coinbase crypto wallet, users are also able to buy and sell cryptocurrencies, including Litecoin.

The transfer of Bitcoin from one user to another using this digital wallet is very easy and convenient. This digital wallet was once known as Toshi. Special features of the Coinbase wallet include the following.

3. Exodus

The Exodus crypto wallet falls under the software wallets, and it has just been introduced. The design of this digital currency wallet is user-friendly as well as allows different currencies.

Aragon (ANT), Bancor (BNT), BAT (BAT), Ethereum (ETH), Bitcoin (BTC), Civic (CVC), etc. are some of the numerous digital currencies that Exodus allows. Some of its special features include the following.

4. Blockchain.com

This is a digital wallet that was developed by Blockchain that allows users to store their digital currencies. Blockchain wallet is accessible on mobile phones as well as on the web. The wallet’s user interface makes it easy to transfer Bitcoin and Ethereum safely. Some of the features of this digital wallet include the following.

5. Crypto.com

This digital wallet was launched in 2018. It allows users to purchase Bitcoin, Ether, Litecoin, Binance coin, etc. The wallet allows users to hold these cryptocurrencies as an investment or use them as a means of payment. The features of the crypto.com digital wallet include the following.

6. Jaxx Liberty

This digital wallet is also referred to as the Jaxx. It offers users intuitive designs, and it is simple to use for all kinds of users. The Shapeshift service that has been integrated into the system allows users to purchase and sell digital currencies in the application. The features of this digital currency wallet include the following.

7. SpectroCoin

The SpectroCoin wallet is a blockchain wallet that facilitates the buying, selling, sending, receiving, as well as storing of digital currencies. Some digital currencies or assets that are permitted on this wallet include Bitcoin, Ethereum, Dash, NEM, etc.

This wallet is online as well as on mobile wallet that provides uses the usefulness of the integrated instant exchange and other functionalities. The security architecture of this wallet’s blockchain is improved by an advanced authentication method that prevents any unauthorized access.

Also, 99 percent of digital currencies are stored in protected SpectroCoin offline storage as a means to further guarantee security. The features of this digital wallet include the following.

8. AtomicWallet

This digital wallet was designed to take advantage of the potential of atomic swaps and become a portion of a fully developed decentralized cryptocurrency ecosystem. The Atomic wallet is compatible with windows, macOS, Ubuntu, Debian, and Fedora devices. The features of this digital wallet include:

9. Abra

Abra digital wallet aims to help users effectively manage their cryptocurrencies and fiat currencies from the convenience of their mobile devices. Users can purchase and sell cryptocurrencies on this platform. They have the alternative of trading in over 28 cryptocurrencies and also 50 fiat currencies.

This wallet exists in a mobile app version that allows users to quickly and conveniently transfer funds to other users. Users are also able to switch their balance between any of the available fiats and cryptocurrencies. The features of the Abra wallet include the following.

10. Zebpay

The Zebpay wallet is an application-enabled cryptocurrency exchange and also a Bitcoin wallet provider. This digital wallet has its headquarters in Singapore.

Zebpay is available on iOS and Android devices. It is developed with extra features that make the user experience thrilling as well as satisfying. This wallet also gives users access to discount vouchers and the chance to purchase Bitcoin conveniently using their debit cards. Zebpay has the following features.

To Wrap It Up

These digital wallets offer users the opportunity to store and as well as trade-in different digital currencies of their choice. Whichever one you choose to go for, rest assured that you’re joining the millions of those who are reaping immensely from the benefits that blockchain technology provides.

I hope you enjoyed our best crypto wallet exchanges list. If you feel this article is helpful, share it with your peers. It means a lot to us.

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