Feel frustrated what crypto wallet to use? What is the best and easiest way to store your crypto without worrying about its safety and reliability? With so many options out there, it can be really puzzling to decide where to purchase crypto and store it. Luckily, this article will give you some actionable tips on choosing a secure website with the lowest fees to buy cryptocurrency with credit card. Also, we are going to reveal our top three crypto wallet pics as well as their pros and cons.
If you plan on holding any cryptocurrency, one of the most important decisions that you can make comes even before you buy your first token. It comes before you even create your first exchange account. We are talking about the type of cryptocurrency wallet that you choose. With so much value stored for the long term, you have to make sure that you have got the right wallet.
These are Hardware wallets that enable you to store your crypto on a device that looks a bit like a USB Drive. Another fun fact is that hardware wallet devices like Ledger store your private keys and do not expose them to the outside world. This provides defense against cyber hacks like phishing scams and key loggers. So if you’re looking for the highest levels of security money can buy then a hardware wallet. It is a sound purchase. Private keys on Ledger are so secure that you do not even know them yourself. Instead they’re stored within the device itself and secured with a PIN number. With Ledger, any crypto thief would need to have your Ledger in their possession and know or guess your PIN number. Alternatively, they could try and guess your twenty-word recovery seed. Good luck to them on that.
Exodus is a completely free multi-currency wallet that is available for both mobile and desktop. One of the main benefits of Exodus is that it’s super easy to use. It has 24/7 support via live chat and a built-in crypto exchange. It supports over 100 different cryptocurrencies. Using Exodus you can view your entire crypto portfolio anonymously at a glance on the home screen.
Another multi-crypto wallet is Trust wallet. it is able to interact with decentralized applications instantly through the app. Trust wallet is also fully open-source. This basically means that the underlying software code is open to all to audit and verify. Generally, open-source software is viewed favorably in the crypto space as it means the community was able to independently verify the security of that code. So that’s a plus.
No matter what wallet you choose to use, you may want to be able to make a fast USD dollar or euro exchange from your bank card (debit or credit card – prepaid Mastercard or visa to pay) to the crypto of your choice. You can buy crypto online on Switchere. It’s a quick and safe method to purchase crypto. You may use a crypto exchange credit card converter to convert the currencies in one place and see the fee before you. You get an instant ID. Registration is very easy there. You need to undergo verification via email. They send you a message through email to confirm your registration. Pick you wallet, but crypto, and trade smartly.