Best Crypto Wallets 2022

When it comes to cryptocurrency, the most important thing is to keep your coins safe and secure. That’s why you need a good crypto wallet. Crypto wallets store your public and private keys, allowing you to access your funds and make transactions. There are dozens of crypto wallets on the market, each with its own set of features and benefits.

So, which one is the best for you?

The answer to that question depends on a few factors, including what type of cryptocurrencies you plan on storing, how much you plan on keeping, and what level of security you need.

To help you make the best decision for your needs, we’ve put together a list of the best crypto wallets for 2022.

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Coinbase Wallet

Best Crypto Wallets 2022

Type of Wallet: Hot

Cost: Free

Coinbase is one of the most popular cryptocurrency exchanges, and its wallet is just as user-friendly. It is a great option for those who are just getting started with cryptocurrency and want an easy way to store their coins.

Unlike the company’s exchange, Coinbase Wallet is a non-custodial wallet. This means that users control their own private keys because it’s not on Coinbase’s servers. It is available in both Chrome extension and smartphone apps. It initially only supported Bitcoin but has since added support for many cryptocurrencies. This includes Ethereum, Litecoin, Bitcoin Cash, and many more. It makes a good choice for those who want to store a variety of coins. Another advantage of the Coinbase Wallet is that it can store non-fungible tokens (NFTs) and digital collectibles.

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Ledger Nano X

Best Crypto Wallets 2022

Type of Wallet: Cold

Cost: $149

Ledger Nano X is a hardware wallet that supports a large number of cryptocurrencies. It is the second generation hardware wallet from Ledger. The device itself is about the size of a USB flash drive and can be easily carried around in your pocket. It connects to devices with Bluetooth or USB through the Ledger desktop or mobile app.

One of the best features of the Ledger Nano X is that it supports over 1,800 different cryptocurrencies. It has the same security features as the Ledger Nano S but can store up to 100 different apps. The wallet also supports a number of altcoins and tokens. These include ERC20 tokens, which are popular among Ethereum investors. It also features a Ledger Live smartphone app, which allows you to check crypto balances and make online transactions.

The only downside is that it costs $149, which is more expensive than other options on this list. But if you’re looking for a secure way to store a large number of cryptocurrencies, the Ledger Nano X is a great option.

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Exodus Crypto Wallet

Best Crypto Wallets 2022

Type of Wallet: Hot

Cost: Free

Exodus is originally a desktop-based hot wallet but has since expanded to offer a mobile app as well. It is available for both iOS and Android.

This wallet is one of the most user-friendly wallets on the market. The interface is easy to navigate and even beginners will have no trouble using it. It also has a built-in exchange that allows users to trade between different cryptocurrencies without having to leave their crypto wallets. This is a great feature for those who want to quickly swap between coins.

It is fully compatible with Trezor One and Trezor T hardware wallets. This allows users to store their coins offline in a cold storage wallet and still use Exodus as their primary hot wallet. An increasing number of apps have also been launched to expand the wallet’s capabilities, including apps for live charts, crypto staking, and crypto deposits.

Mycelium

Best Crypto Wallets 2022

Type of Wallet: Hot

Cost: Free

Mycelium wallet is among the oldest Bitcoin wallets in the market. It has been around since 2012 and has a solid reputation in the crypto community. It is a mobile-only hot wallet that mainly focuses on Bitcoin. However, it does also offer support for Ethereum and a few ERC-20 tokens. 

You can set custom transaction fees so that your transactions are processed faster or cheaper. This is a great feature for those who want more control over their transactions.

They also have “Mycelium Local Trader,” a decentralized in-person exchange marketplace. Users communicate with one another on this marketplace, which makes it easier to sell and acquire Bitcoin in a secure atmosphere. This Bitcoin wallet also offers a number of other features, including support for hardware wallets and watch-only accounts.

If you’re looking for hot wallets that support a large number of cryptocurrencies, Mycelium is not the best option. However, it is a great choice for those who primarily invest in Bitcoin and are looking for a user-friendly hot wallet.

Trezor Model T

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Type of Wallet: Cold

Cost: €249.

The Trezor Model T is one of the best hardware wallets for cryptocurrency on the market. It is the second-generation hardware wallet from Trezor. This hardware wallet supports a wide range of cryptocurrencies and features a color touchscreen display. It comes with many of the same features as the Ledger Nano X. However, the Model T has a few unique features, such as the ability to connect to third-party exchanges, like Changelly and CoinSwitch. It also has a touchscreen display, a faster processor, and top-notch security.

This cold wallet was also the first hardware that implements Shamir Backup (SLIP39) which is a secure way to generate and store backups of your Recovery Seed. It also has a slot for a MicroSD card and it will allow you to have onboard encrypted storage in the future.

If you’re looking for a safe and easy-to-use hardware wallet, the Trezor Model T is one of the best crypto wallets on the market.

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