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More and more people use cryptocurrency as a means of transaction. As we keep projecting toward the digital age, some institutions and countries even start to consider them as alternative currencies in the future.
Bitcoin, Ethereum, and NFTs are the most mainstream cryptocurrencies nowadays. Regardless of their fluctuating values, people keep filling their crypto wallets with digital assets and choosing the best crypto exchange platforms in the hope that their investments will turn out profitable.
Choosing the right crypto wallet becomes a great deal when using cryptocurrencies. The one you use must have excellent features to support every transaction and, most importantly, offers top-level security systems.
With tons of options on the market, it can be overwhelming for you to choose. Therefore, we’ve pieced together five crypto wallet recommendations for smartphones that have top-tier security.
#1. Coinbase Wallet
Coinbase Wallet should be on your list when choosing an easy, free, and secure crypto wallet. It’s also compatible with hardware wallets and provides cloud storage for users.
Moreover, Coinbase Wallet allows customers to store their digital assets according to their custody. It is also well-known for fast and secure transactions.
Coinbase Wallet uses Secure Enclave technology which safely stores user’s private keys. It also uses the 2FA (Two Factor Authentication) system to access the wallet. Therefore, users need to do SMS authentication via verified phone number.
#2. Ledger Nano X
Another crypto wallet that’s well known for its top-tier security is Ledger Nano X. It’s a high-end crypto wallet, so you must pay around $100 to $150 to enjoy its features.
It has a tamper resistant security system. So, the system will isolate, encrypt, and store your private keys in the Secure Element chip.
Ledger Nano X can be a cold wallet and storage for its users. However, it doesn’t provide cloud storage and is limited to storing up to 100 applications.
#3. Guarda Wallet
Guarda Wallet also made it to the list of crypto wallets with excellent security systems. It uses Face ID authentication for mobile usage, which makes every of your transactions highly secure.
Guarda Wallet is available for Android, iOS, Linux, Mac, and Windows devices. It also provides cloud storage and is compatible with a hardware wallet.
You can enjoy its features for free. However, Guarda Wallet demands high fees for in-app crypto purchases. Moreover, some features are still in development which may lead to inconveniences.
#4. Atomic Wallet
Another free crypto wallet that works well on smartphones is Atomic Wallet. It’s widely known for having an intuitive and straightforward interface, making it a good recommendation for beginners.
Atomic Wallet uses encrypted private keys to support its security systems. The downside of Atomic Wallet is its incompatibility with hardware and a limited number of crypto assets for purchase.
#5. ZenGo
Last but not least, ZenGo offers top-level security with its 3FA (Three Factor Authentication) system. It intends to wipe away users’ anxiety by giving excellent protection over their crypto assets.
ZenGo is a free crypto wallet. Users can also buy and sell within the bitcoin wallet app. However, it has a smaller coverage of cryptocurrencies compared to other wallets.
The Takeaway
Investing in digital assets requires you to monitor every transaction anytime and anywhere. So, choosing a crypto wallet that works well on your smartphone is necessary. Using a crypto wallet with excellent security will help you feel at ease and eliminate the anxiety of losing your assets.
The above recommendations for crypto wallets can help you choose the most suitable ones for your needs. They’re well-known for having top-tier security to guard your assets and other features to ease your transactions.
Author
Andre Oentoro is the founder of Breadnbeyond, an award-winning explainer video production company. He helps businesses increase conversion rates, close more sales, and get positive ROI from explainer videos (in that order).
Twitter: @breadnbeyond
Email/Gravatar: andre@breadnbeyond.com
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The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.