SOFTWARE WALLETS
A cryptocurrency wallet is a software program that stores private and public keys and interacts with various blockchain to enable users to send and receive digital currency and monitor their balance. If you want to use Bitcoin or any other cryptocurrency, you will need to have a digital wallet.
So, here's a list of 10 best cryptocurrency software wallets and their features.
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Since 2011, Blockchain.com has generated nearly 50 million wallets, making it one of the most popular storage solutions in crypto. Indeed, the Blockchain.com wallet is trusted by both individual and institutional clients in over 140 countries. Available for Android and iOS, it allows instant crypto-to-crypto transfers by QR code and supports leading cryptocurrencies like BTC, ETH, and BCH, altcoins like XLM, and stablecoins like PAX. For security, the wallet offers PIN and biometric authentication options. It is available in more than 25 languages.
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Electrum was created in November 2011. Since then, a variety of developers
have contributed to its source code. Today, Electrum is among the most popular Bitcoin software wallets. It relies on decentralized, redundant servers to ensure that wallets are never down, it supports third-party plugins, and private keys are easily exported for use in other Bitcoin clients. For security, all transactions are verified by SPV, and wallets are recoverable with a seed phrase. Electrum is available for Windows, Linux, Android, and OSX.
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Exodus is a software wallet for desktop and mobile supporting over 100 cryptocurrencies. There is no registration, and private keys are encrypted on-device. Exodus Desktop is available for Windows, macOS, and Linux. It features portfolio tracking tools, a built-in exchange, and a wallet that lets users send and receive crypto by QR code. The mobile app, available for Android and iOS, can be synced with Desktop and offers login by fingerprint or face ID. Users who prefer to manage assets from a hardware wallet can link their Exodus to a Trezor One or Model T.
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Jaxx Liberty is a cross-platform wallet that allows users to store and manage more than 90 cryptocurrencies. Instant transactions are enabled through its integration with apps like ShapeShift and Changelly. It also includes a portfolio tracker, block explorers, and a blockchain news portal. The wallet allows users to follow the top 100 assets, compare price changes, see market caps, follow trends, and much more. Jaxx Liberty is available for mobile, desktop, and as a Chrome extension. It is a product of Decentral, a Canadian software company that specializes in decentralized technologies.
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Atomic Wallet is a non-custodial, decentralized solution that lets users buy, store, and exchange more than 500 crypto assets. It also offers zero-fee staking for Tezos, ATOM, and other coins. To ensure smooth transactions, trades are processed by exchange partners ChangeNow and Changelly. For security, private keys are encrypted and stored on user devices, and there is no verification required for basic functionality. Atomic Wallet is available for desktop (Windows, macOS, Linux) and mobile (Android, iOS).
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Bitcoin Core is the open-source software that enables the Bitcoin network.
Considered to be Bitcoin's reference implementation, it was originally published by Satoshi Nakamoto as "Bitcoin" but renamed "Bitcoin Core" to distinguish it from the network. Bitcoin Core consists of both “full-node” software for fully validating the blockchain as well as a bitcoin wallet. The project's contributors maintain the software wallet and update it periodically, which allows users to safely send and receive Bitcoin. The wallet features graphical and command line modes and is compatible with Windows, macOS, and Linux.
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Xapo is an all-in-one wallet and alternative banking platform enabling instant transfers of Bitcoin and more than 150 fiat currencies. Transfers to other Xapo users are free of charge and there are no account minimums. Traditional currencies can be sent to bank accounts in more than 30 different countries. For security, Xapo relies on proprietary encryption technology. It also offers multi-factor authentication, private key segmentation, custom permissions, and a global network of cold storage vaults. Over the years, the Xapo project has managed to raise over $40 million from leading investors like Benchmark, Greylock Partners, Index Ventures, Fortress Investment Group, and more.
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In 2014, Edge launched as the "AirBitz" Bitcoin wallet. By late 2017, the AirBitz had evolved into the complete data security solution and multi-currency wallet we know today. The Edge wallet accepts over 30 cryptocurrencies including Bitcoin, Ethereum, and a number of altcoins. It is available for both - iOS and Android devices, allowing investors to exchange digital assets from anywhere. Edge also has built-in functionality for in-app crypto buying and selling and exchange for fiat money. To protect user information, Edge employs client-side encryption and zero-knowledge security architecture. It also supports 2FA.
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In 2014, Edge launched as the "AirBitz" Bitcoin wallet. By late 2017, the AirBitz had evolved into the complete data security solution and multi-currency wallet we know today. The Edge wallet accepts over 30 cryptocurrencies including Bitcoin, Ethereum, and a number of altcoins. It is available for both - iOS and Android devices, allowing investors to exchange digital assets from anywhere. Edge also has built-in functionality for in-app crypto buying and selling and exchange for fiat money. To protect user information, Edge employs client-side encryption and zero-knowledge security architecture. It also supports 2FA.
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Coinomi is a cryptocurrency wallet for mobile and desktop providing native support for more than 125 blockchains. Indeed, Coinomi is the oldest multi-chain wallet available. It supports Bitcoin, Ether, and nearly 1,800 other crypto assets, which can be traded instantly via the app's built-in exchanges. Coinomi also offers an integrated DApp browser, cold staking, and a Simplex-powered credit card for crypto purchases. Private keys are stored on device. To ensure anonymity, there is no KYC required to access funds, and Coinomi servers hide user IP addresses.