What is the best crypto wallet?
There’s no right or wrong answer. It all depends on what you’re looking for.
The Trezor and Ledger are the 2 most popular wallets on the market (and for good reason).
But which is best?
When it comes to choosing a crypto wallet, it’s important to ask yourself these questions:
- Is price an issue?
- Is an open source wallet important?
- Do you plan to use it for everyday use or long-term storage?
This post will cover all these topics and more.
The Best Crypto Wallet Is Trezor
Trezor is more trustworthy because it’s open source.
This makes it best for long-term holding and saving.
It isn’t really meant for everyday use. It’s more of a safety box. You put your coins in there and forget it.
Their support team is also generally better.
The downside?
You have to have your Trezor plugged in and activated to pull up the app on the computer and see your balance.
The Best Crypto Wallet is Ledger
Ledger supports more coins, has better UI / UX, and is more affordable.
With the Ledger, you can pull the Ledger Live app up without your wallet connected and check your balance, the price of Bitcoin, and you can even pull a receive address without your wallet.
This makes it best for day-to-day use.
The downside?
Ledger recently had a security breach where all their private info was leaked to the black market.
This included email addresses, names, phone numbers, and physical addresses.
However, the wallets themselves are secure.
The only difference is, it’s made them a bigger target for phishing attacks.
To prevent this, always be sure to use:
- An alias
- PO box
- Fresh email account
- Burner phone number
when ordering a crypto wallet.
Other FAQ’s
What if I lose my wallet?
As long as you still have the seed phrase, you’re good.
Does my crypto still grow in a wallet?
Yes.
1 BTC = 1 BTC.
Conclusion
Both Trezor and Ledger are the best crypto wallets.
It all comes down to what your own needs are and what you’re looking for.
Which crypto wallet do you use and recommend?
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