Have you just decided to invest in cryptocurrencies? Hold your horses because you must take the necessary security steps to safeguard your investment, and one of those measures is acquiring a cryptocurrency wallet. If you are looking for information on choosing a wallet you also need to consider the small details such as how to transfer bitcoin between wallets. This content is written to you.

Trust Wallet

Trust Wallet is a reputable mobile wallet that supports storing Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Ethereum Classic (ETC), VeChain (VET), ERC20 Token, ERC721, and ERC223, there will be more Bitcoin, EOS,… and other popular coins in the future.

Trust Wallet was created by the company Six Days, LLC, operated by Viktor Radchenko. On August 1, 2018, Trust Wallet was officially acquired by Binance – the world’s leading cryptocurrency exchange, this deal makes Trust Wallet’s “HOT” spread even more.

https://www.youtube.com/watch?v=VSZHiwUzoIo

Archive support

Fees

Trust Wallet does not charge users’ transaction fees

Rate

Users rate Trust Wallet as 4.7/5.0. You can feel confident that your digital assets will have a high degree of privacy and trust when sent, received or simply stored.

Advantages 

• Can trade anytime, anywhere
• Trading on PC is very easy
• Support 100+ different coins
• Insured by Binance

Binance Chain Wallet

Binance Chain Wallet is the official Binance crypto wallet for accessing Binance Smart Chain, Binance Chain, and Ethereum. You can use this wallet to securely store cryptocurrencies and connect to thousands of projects on different blockchains. 

Whether you’re looking to swap BNB for other tokens, mint NFTs, or do yield mining, you can easily do it all with a browser extension wallet. The Binance Chain wallet currently supports Chrome, Firefox, and Brave.

https://www.youtube.com/watch?v=AR9TK-M1Q-M

Archive support

BEP2: LINK, USDT

BEP20: ADA, BAND, BCH, BUSD, BTC, DAI, DOT, EOS, ETH, LINK, LTC, ONT, USDT, XRP, XTZ

In addition, absolutely do not transfer any coins on other blockchain platforms to the Binance Smart Chain wallet if you do not want to lose your assets, unfortunately.

Fees

Binance, which is primarily a crypto exchange, charges its consumers transaction fees. As a result, the platform dedicates a portion of those revenues (about 10%) to a fund with a defined purpose – insurance.

Rate

Users rate Binance Chain Wallet as 4.2/5.0.

Advantages

• 24/7 access to a crypto exchange
• Swap and trade them at any moment, in real-time
• Security measures like two-factor authentication (2FA)
• If anything bad happened to Binance and its security mechanisms (for example, in an event of hacking), there’s a strong possibility you’d be compensated for your losses.
• Multi-signature capability, unique PIN numbers, and a seed phrase-based recovery mechanism.

Binance is, without a doubt, one of the most popular crypto-related sites in the whole business. This fact alone should indicate that the platform’s wallet functionality must be excellent. But talk is cheap; let Binance’s security features speak for themselves.

Math Wallet

Math Wallet is a comprehensive cross-platform (mobile/desktop/browser/hardware) cryptocurrency wallet with the ability to store all tokens on BTC, ETH, Polkadot, Filecoin, EOS chains, Solana, BinanceChain, Cosmos. Math Wallet also allows swaps between different chains and integrates a multi-chain dApp (decentralized application) store.

Math Wallet was established in December 2018 Math Wallet‘s Twitter was established in December 2018 and currently has 89.5K Follows

https://www.youtube.com/watch?v=rmCPKoSgi-A

Archive support:

Math Wallet enables the storage of 50+ blockchains and 3000+ tokens.

BTC, ETH / ERC20, NEO / chuỗi NEP5, EOS, TRON, ONT / ONG, ENU / Telos / EOSC / BOS, Binance Chain, Cosmos, VeChain và Polkadot. 

Fees

Have to pay a fee

Rate

Users rate Math Wallet as 3.8/5.0.

Advantages

• Create wallets right in the app that lets you store, receive and send tokens simply with an “all-in-one” experience and a regularly updated guide. 
• Track your portfolio and control income from any source, and get rewards without leaving the wallet interface 
• Secure your assets with Private Keys, Reminders, Verifications 2-Factor, and more 
• Stay up to date with the latest Math and blockchain industry news, curated by team on Twitter and on the blog – Support decentralized applications (dApp) operates on chains like ETH, EOS, TRON, Cosmos, Polkadot etc

The profit that Math Wallet brings to users is quite large. Especially with making more profit through VPOS mining. That has made it attract a huge number of users. According to the latest announcement, Math Wallet claims that it currently has 1 million users and this number is expected to increase in the future.

MetaMask Wallet

MetaMask is a digital wallet that allows you to manage, send, and receive Ethereum and ERC-20 tokens. You can also add the Binance Smart Chain network manually on Metamask to store and exchange BEP-20 tokens. 

Aaron Davis and Dan Finlay designed it back in 2016 intending to assist crypto traders. The MetaMask wallet connects a regular browser like Google Chrome or Firefox to the Ethereum blockchain by acting as a browser extension.

https://youtu.be/Af_lQ1zUnoM

How it works

Typical DeFi Investment Process

DeFi Investments with MetaMask Institutional

Fees

A service fee of 0.875% is automatically factored into each quote, which supports ongoing development to make MetaMask even better

Rate

Users rate MetaMask Wallet as 4.4/5.0.

Advantages

MetaMask has the advantage of allowing users to fully engage with Ethereum without having to download the complete blockchain. You can, in fact, operate an Ethereum DApp without having to host a complete Ethereum node.

Exodus Wallet

Exodus is a multi-cryptocurrency wallet with a user-friendly interface. It may be used to hold a variety of crypto assets as well as any presently unsupported and custom ERC-20 tokens.

Exodus is a free desktop and mobile crypto wallet, and also fully compatible with hardware wallets like the Trezor One and Trezor Model T. It has been well-received by many in the crypto world due to its built-in exchange and the fact that it is one of the few software wallets that supports hardware wallets. The wallet stands apart from other crypto wallets by focusing on users who have never used cryptocurrency before. It features a user-friendly design, and its creators have spent a lot of time and effort refining it to make it more intuitive.

https://youtu.be/leKIDAG3aUw

Archive support

• Bitcoin (BTC)
• Ethereum (ETH)
• Ethereum Classic (ETC)
• Bitcoin Cash (BCH)
• QTum (QTUM)
• OmiseGo (OMG)
• Litecoin (LTC)
• Golems (GNT)
• Gnosis (GNO)
• EOS (EOS)
• Decred (DCR)
• Dashcoin (DASH)
• Basic Attention Token (BAT)
• Augur (REP)
• Aragon (ANT)

Fees

Exodus does not charge fees for sending. You will never pay transaction fees when receiving in Exodus.

Rate

Users rate Exodus Wallet as 4.4/5.0.

Advantages

• The design is appealing and reasonably intuitive once you’re within the Exodus wallet application.
• The procedure for sending bitcoin from your Exodus wallet is equally simple
• Another significant benefit of Exodus is that it provides crypto prizes directly to the user’s wallet, posing no risk to the user

Conclusion and analysis

Based on your individual use and preferences, you should select a crypto wallet that is affordable and, most importantly, a safe option to store your hard-earned crypto assets. At the end of the day, a hot wallet is only as secure as the cloud or infrastructure that it is built on. This is why many crypto experts recommend everyone to use cold wallets to keep a majority of assets

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.

Elise

Coincu Ventures