You can securely store and manage your crypto portfolio using the best bitcoin wallets.
What is a Crypto wallet?
A device, program, or service which stores the public and private keys to facilitate transactions of cryptocurrencies. A cryptocurrency wallet also provides the functionality of encrypting information.
A cryptocurrency wallet allows users to receive, send and manage cryptocurrencies from a centralized system in a secure and seamless manner. It aids investors in managing token transactions. You need a place to store your private keys for cryptocurrency transactions. Though it is easy to buy digital assets on exchanges, marketplaces, or even peer-to-peer, it is essential to store your crypto very safely in a dedicated wallet.
Don’t underestimate the simple crypto wallet as being a storage device. Wallets are becoming even more sophisticated, integrating features. Such as Web 3.0 access for decentralized applications, smart contract processing capabilities, non-fungible token storage in the most advanced wallet identity storage.
Top crypto wallets and their unique features:
Although there are hundreds of crypto wallets out there, here, I mentioned 2021’s most wanted crypto wallets with their unique features that you won’t find anywhere else.
Metamask has earned huge and widespread popularity due to its ability to interfere with Web 3.0 applications, processing smart contracts, and link to decentralized exchanges.
Using a browser add-on, it can be downloaded for Chromium and Firefox browsers. So, users don’t have to download a separate application to use their wallets. Metamask only supports Ethereum-based tokens, such as ERC-20 tokens, and also non-fungibles.
MetaMask provides an essential utility for blockchain newcomers, token traders, crypto gamers, and developers.
2. MyEtherWallet (MEW)
One of the most popular wallets for Ethereum, MyEtherWallet, is abbreviated to MEW. It can be accessed in any supported browser. MEW has swap capabilities that allow users to switch between fiat and crypto.
It is free and open-source, MEW is a web-based service that allows you to control your funds. It’s used for securely storing, sending, and receiving ERC-20 tokens, as well as for interacting with smart contracts with blockchain development.
Users with hardware wallets, like Ledger and Trezor devices, can connect and use MEW and access ETH and ERC-20 tokens securely. MEW has launched mobile apps for iOS and Android. Which offers the same functionality as their desktop application.
MyETPWallet is a multi-language wallet for the Metaverse blockchain. Users can create their own MST (Metaverse Smart Token) or MIT (Metaverse Identifiable Token) like ERC and NFT tokens on the Ethereum blockchain and transact them with other users. It’s also one of the safest wallets to send, store, and trade the native (ETP) cryptocurrencies of Metaverse. Its Dualchain Network Architecture (DNA).
The ETP bridge of MyETPWallet gives you the possibility to easily exchange the major cryptocurrencies with ETP, wallet to wallet, without having to go through all the steps required by an exchange. Metaverse light wallet users have an additional channel to buy or sell ETP, increasing the usage and liquidity of our utility token.
MyETPWallet is unique because of ‘Digital Avatars’ that manage your digital identity. Avatars have unique alphanumeric symbols. A user can select a creative name to represent a Metaverse address. An avatar can be used for authentication on third-party apps.
Cryptopay occupies the top place due to its utmost feature to support many cryptocurrencies for both storage and transfer. It supports Bitcoin and Ethereum, the largest cryptocurrencies by market cap, and other cryptos Litecoin (LTC) and Ripple (XRP).
Users can instantly exchange their cryptocurrencies in the Cryptopay wallet. They can also credit their wallet with fiat currencies through fast payments for European customers.
It supports a prepaid card facility, which can be loaded up with a cryptocurrency of your choice, and spent worldwide. It enables you to spend your cryptocurrency to buy real items once exchanged for fiat.
The Bitcoin.com wallet is actually created for Bitcoin Cash (BCH), an early fork of the original Bitcoin blockchain. Bitcoin Cash supporters argue that the protocol is closer to the originally intended use case for Bitcoin exchange rather than a store of value.
As a result, Bitcoin.com has developed a wallet that makes it easier to spend and send BCH. Bitcoin.com wallet is available on both iOS and Android.
The Bitcoin.com wallet also accepts SLP tokens, which can represent any underlying asset like ERC-20 tokens on Ethereum, and supports original Bitcoin.
How can Brugu help you to develop your customized wallet?
Choosing the right wallet to match your needs mainly depends on which asset you want to store. Engage with Brugu for your crypto wallet development because
- Brugu develops wallets with unique features such as digital identity storage or prepaid credit cards options along with functionalities of the above wallets that can be used for additional reasons beyond storage.
- Brugu software solutions provide all types of crypto wallet development with the ever-increasing demand for digital currency security.
- Brugu is a pioneer in crypto wallet-related services and offered its wallet development services to more than hundreds of happy customers.