Best for advanced users: Electrum crypto walletĬold storage, add-ons supported, exportable private key compatible with Ledger, Trezor, and Keepkey It may not be suitable for the hardware-minded traders, unless you plan to use a Trezor device with the app. What to look out for: Exodus mainly caters to hot wallet (software) users. Exodus typically receives 2-5% on each asset exchange, but the firm generally doesn't charge you any fees to use its software.
You don't need to use multiple wallets, but some users might prefer having multiple wallets as an additional security measure for their assets.Įxodus and Trezor's partnership caters to those who prefer hardware security since you'd be able to securely manage your assets offline while simultaneously using the Exodus platform. If you want, you can also manage your assets using both Exodus and Trezor, another popular bitcoin wallet. Exodus' account features also include live charts and portfolio data, 24/7 customer support, a built-in exchange, and more than 150 cryptocurrency assets. Why it stands out: Exodus offers cryptocurrency exchange services for desktop, mobile, and hardware crypto wallets. None (Exodus receives 2-5% spread on asset exchanges)ĭesktop and mobile wallet, Trezor hardware access Exodus crypto apps, live charts, 150+ crypto assets, and 24/7 support Bitcoin is one of the most popular cryptocurrencies, but note that many of these bitcoin wallet picks also support ethereum, litecoin, and multiple other coins and altcoins.
We've compiled some of the best bitcoin wallets for storing your private key code below. (Hot wallets are used for online storage, while cold wallets provide offline storage through hardware and external devices). If you're looking to invest in bitcoin or another cryptocurrency like ethereum or litecoin, you'll need to pick an investment app that lets you buy crypto ( Coinbase, SoFi, Webull, Kraken, and Robinhood all let you trade cryptocurrencies) as well as a "wallet" to store and secure your private key code for accessing your assets.Ĭryptocurrency wallets offer online or offline storage for your personal crypto key, and are usually available in the form of "hot" wallets or "cold" wallets. Companies including Microsoft, AT&T, Starbucks, Whole Foods, and Paypal now accept bitcoin and other virtual assets as forms of payment, and - despite several price fluctuations in 2021 - bitcoin prices have surged to more than $53,000 as of December 2021.
Cryptocurrencies like bitcoin have been around for more than a decade, but in the past few years they've moved beyond a niche investment to the mainstream.