Top 8 Crypto Wallets Of The Past Decade

Each crypto wallet will be evaluated on the basis of its design, usability, and additional features. When comparing wallets, it's critical to pay attention to the available levels of security. Since digital tokens are so precious, it's critical that your crypto wallets remain safe from hackers and other intruders.

Coinomi

The first wallet on our list is Coinomi. Several blockchains and more than 200 different cryptocurrencies may be supported by this platform. At the moment, the wallet is only accessible for mobile devices and is an amazing multi-asset cryptocurrency wallet.

In the recent past, Coinomi was open-source, and users may still download older versions of its code. After certain hackers were discovered to be modifying Coinomi's code, the application license for Coinomi was altered.

Users may easily make and receive payments from many blockchains using the wallet's simple interface.

There are few positive evaluations about Coinomi, despite the fact that it's our most popular and flexible digital wallet. Unreliable customer service and disappearing cash are frequent complaints among consumers.

According to the overwhelming majority of users, Coinomi is an excellent wallet for those with just a little quantity of cryptocurrency to keep. Even yet, it's very dangerous at higher concentrations. There were only 120 user evaluations on CryptoCompare, where it scored a 3.4 rating.

Exodus

Exodus has a fantastic user interface and a smooth performance. No mobile devices are supported by this wallet. It is impossible for anybody else to have access to your private keys since they are stored securely on your device. Aside from that, Exodus will even encrypt your private keys.

ShapeShift, a cryptocurrency exchange, has been integrated into Exodus, allowing you to do trades with only one click. Because they only accept tokens that ShapeShift supports, Exodus now supports more than 10 different cryptocurrencies and has no plans to add support for any more in the foreseeable future. Exodus is not an open-source wallet like Coinomi.

A few coins are supported by Exodus, but it is well-known in the crypto world. The great majority of customers praised it, citing the speedy and active assistance as a crucial factor.

Jaxx

Jaxx is a multi-asset cryptocurrency wallet that works across several platforms. Installing Jaxx on a user's desktop or mobile device is simple and straightforward. There are versions for Windows, Linux, Mac, Android, and iOS of Jaxx. You can find more information about Jaxx in our guide.

Customers may simply make transactions utilizing the one-click technique of Jaxx's dark UI, which is visually appealing. Jaxx has no access to the user's private keys since they are kept on their device. Effectiveness and speed of reaction are hallmarks of this squad.

Around 12 cryptocurrencies are now supported by Jaxx. The "Master seed" phrase provided by Jaxx is a 12-word phrase for ownership and control. For those who lose their devices, this "Master seed" phrase allows them to reclaim their wallets. The "exchange" button makes it easy for users to shift between cryptocurrencies and trade tokens.

ZenGo

A balance between security and ease of use is achieved by ZenGo, one of the most popular multi-currency crypto wallets. ZenGo gives customers total control over their cryptocurrency while also making it easy to restore their wallet in the event that their phone is stolen or misplaced.

Mobile bitcoin wallet ZenGo uses sophisticated encryption known as multiparty computation to replace the usage of private keys (MPC). There is no one point of failure because of this.

More than 70 coins may be stored in the wallet app for future use. The firm provides round-the-clock customer help through the app.

Cryptonator

Our list of the most infamous digital wallets includes Cryptonator, which is the most popular. Apparently, this online bitcoin wallet was the victim of a phishing scheme. Cryptonator, in contrast to the other wallets on our list, requires you to hand up control of your private keys, which is a major red signal in our book.

The money of its customers are adequately protected by Cryptonator. Bank-level security precautions are said to be in place, with all services running via SSL connections, and all important data being hashed using the SHA-256 cryptographic technique.. Despite the fact that this procedure is widely panned, it is still used by many people.

Finally, the online platform offers 2FA, which increases the security of your account even more.

Many traders use Cryptonator because it supports a number of cryptocurrencies that major wallets and exchanges don't support.

Only 31 people have given Cryptonator a rating of 2.6 on Cryptocompare. If you're thinking about utilizing Cryptonator, I'd suggest thinking it through thoroughly.

AtomicDEX

There are more than 30 different tokens and currencies supported by AtomicDEX, including KMD, which is linked with Komodo. It contains built-in functionality for decentralized trading. Direct exchange of coins and tokens from wallets is now possible thanks to atomic swap technology. atomic swap is peer-to-peer, therefore there is no need to deposit funds into central exchanges for the transaction. Private keys remain in the hands of their owners at all times.

This same technology acts as a bridge between different protocols. Litecoin and other BTC-based assets like Bitcoin may be exchanged for Ethereum and other ERC-20 tokens directly by users. Using the AtomicDEX wallet, for example, users may immediately exchange Bitcoin Cash for Basic Attention Token (BAT).

imToken

imToken is an easy-to-use digital wallet for mobile devices. In 2016, ConsensLab, a Chinese business, published and maintains the wallet. Since most ICOs use the Ethereum network, this wallet is compatible with ERC-20 tokens.

Only Ethereum-based blockchains are presently supported, however imToken plans to integrate other blockchains in the future. The ability to choose the transaction charge is one of the most intriguing aspects of imToken. The lower the costs, the quicker the process will go, as you could expect.

The UI of imToken is beautiful, light, and speedy. The software also focuses on a one-click approach, which means that all of the application's features are only a single click away. This simplifies the applications and eliminates the complication that is frequently connected with cryptocurrency.

The Guarda Guarda wallet is a multi-platform cryptocurrency wallet that does not need any kind of custody. Digital assets may be stored, managed, received, and transferred using an intuitive user interface.

More than 40 of the most prominent blockchains and coins are supported by the Guarda Wallet at this time. It's not hard to think of more than a dozen different digital wallets and currencies to put in this list. Using a credit card, you may buy any of the cryptocurrencies available in the Guarda wallet. The integrated exchange service also allows users to make rapid crypto transactions while exchanging their tokens.

Mobile (Android, iOS) and desktop (Linux, macOS, Windows) wallets are all available, as is a Chrome Extension for the desktop version of the wallets. They may be accessed from any internet-enabled computer or tablet.

When using the Guarda Wallet, users can rest easy in the knowledge that their personal information and private keys will not be stored by the service.

Hardware wallets: a brief introduction

Hardware wallets like Trezor and Ledger Nano S, which use cold storage and hence offer a better degree of security, should be included when discussing multi-currency wallets. Both have a good number of supported cryptocurrencies, which is rising all the time. Because hardware wallets aren't free, there are certain drawbacks to using them.

Your important bitcoin holdings might be lost or stolen if you use an untrustworthy digital wallet. The most vital feature of any wallet, in our view, is the ability to retain control of your private keys. Choosing a wallet that has a strong web presence and whose customer service is known to react swiftly is a smart option. Remember to keep a copy of your private key on your computer at all times and to never give it out to anyone else.

Written by: Anmolika Saxena