Binance Coin Wallet

Anisa Batabyal
| 08 May, 2020 | 2 min

What is Binance Coin Wallet?

Binance Coin (BNB), as the name suggests is Binance’s own native token which has recently taken a toll very recently as the BNB coin token swap has started following the mainnet launch. While there would be an initial supply of 200 million BNB coins, the previous 11,654,398 burned on the Ethereum network will be burned on Binance Chain also and 48,000,000 tokens will be frozen. The BNB token will be the base coin of Binance DEX, which also went live along with BNB mainnet launch. BNB is a coin with block time and finality in 1 second, which makes Binance chain one of the fastest blockchains.


Click here to buy BNB at best rate in no time


List of 7 best BNB wallets in 2020

The top 7 BNB Wallets in 2020 are:

  • Ledger Nano S
  • Guarda Wallet
  • Enjin Wallet
  • Atomic Wallet
  • Trust Wallet
  • Edge Wallet
  • Coinomi Wallet

#1 Ledger Nano S

Ledger Nano S is one of the popular wallets which supports over 1000 digital assets and is supporting the mainnet BNB token as well. Ledger Nano is a secured crypto hardware wallet, which lets you store, transfer, receive and send BNB tokens. Ledger Nano S comes with proper backup and recovery feature, which makes it one of the most sought out wallets for BNB. The best part is that Ledger is very updated with the technologies and updates. The user must be updated with the Binance wallet address.

Click here to download Ledger Nano S

#2 Guarda Wallet

Guarda Wallet is a custody-free, multi-currency wallet for over 45 blockchains and thousands of tokens. The storages come in Web, Desktop, Mobile (iOS, Android) and Chrome Extension versions. The coins that Guarda supports include Bitcoin BTC, Ethereum ETH, Bitcoin SV, Monero XMR, Zcash (Shielded transactions are supported, too), Dash, Ethereum Classic and more. The extended functionality of the wallet also allows built-in exchanges, purchases, selling cryptocurrency for fiat and operating with Ledger hardware wallet. Staking, delegation and more currency-specific features of supported blockchains are also there for Guarda users to try out. 

Guarda is secure, as it does not store any personal data of the clients – all the wallets are non-custodial, with backups encrypted and stored on the user's device. From the point of safety, coin and feature support as well as versatility, Guarda is one of the best cryptocurrency wallets on the current market.

Click here to access Guarda wallet.

#3 Enjin Wallet

Enjin wallet is one of the most credible wallets in the crypto space that supports Bitcoin, Litecoin, Ethereum, ERC20 tokens, and Enjin tokens. It has one of the best architecture, with a secure keyboard, two encryption, where it turns the mobile wallet like a hardware wallet. Enjin is an HD (Hierarchical Deterministic) wallet, that provides the maximum amount of protection from threats and attacks. It is available for both Android and iOS devices.

Click here to access Enjin wallet

#4 Atomic Wallet

Atomic Wallet is a decentralized wallet which is available for Mac, Windows and Linux operating systems, hence you don’t have to shift your operating systems. Atomic wallet is one of the first ones to upgrade its technology with the BNB mainnet update. Atomic wallet is having a very friendly UI, which is why it's been preferred amongst all sorts of users, be it beginners, or experts.

Click here to download Atomic wallet

#5 Trust Wallet

Trust Wallet is one of the most trustworthy wallets amongst the users, especially since the largest exchange in the world, Binance had acquired it last year in June. Trust wallet is even very updated and advanced with the latest technologies, which makes it effective for all kinds of users. Trust has fulfilled its aim by adding the latest BNB mainnet version, which it is compatible with. So, the users can store their BNB mainnet coins in Trust wallet, without having to worry about the security.

Click here to download Trust wallet

#6 Edge Wallet

Edge wallet is one of the most prestigious multi-currency wallets, which can be used even by beginners. You can buy, store and trade multiple cryptocurrencies in a single app, where you are in total control over your private keys. Edge is focused on user privacy and security, hence they adhere to cutting edge technology where the users can have secure access with just a PIN or touch ID.

Click here to access Edge Wallet

#7 Coinomi Wallet

Coinomi is one of the oldest multi-platform, multi-chain cryptocurrency wallets available, trusted by over 2.5 million users. It is a Hierarchical Deterministic wallet that offers native support for over 125 blockchains and 1770 tokens and implements the strongest standards of security and privacy. It supports multi-seed setups, and each seed phrase can have its own encryption settings, according to its use case. No user data are ever collected by Coinomi, while users' IP addresses are obfuscated for total privacy. Coinomi was one of the first wallets to offer native segwit for BTC and 14 more blockchains, and users can switch between native segwit, compatibility, or legacy address formats with the click of a button. Users enjoy full control of their transaction fees and UXTOs in Coinomi while its UI is hailed as one of the most intuitive in the space, suitable both for first-timers and advanced users. Coinomi is translated in over 25 languages and boasts 175 Fiat representations as well.

Click here to access Coinomi Wallet

Note: Watch out this space as we are going to add more wallets as and when BNB mainnet is being integrated with other wallet groups.

CoinSwitch enables businesses to convert over 300 cryptocurrencies with our powerful Fixed and Dynamic rate APIs. CoinSwitch exchange APIs are being used by many top cryptocurrency wallets across the globe like Trezor, Exodus, imToken, Guarda etc. Are you interested in providing your users an option to exchange coins within the wallet? For more information please reach out to partnership@coinswitch.co or refer our API documentation.

About CoinSwitch

CoinSwitch.co is a leading cryptocurrency exchange aggregation service which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like Binance, KuCoin, IDEX, Huobi, Ethfinex, HitBTC and Cryptopia without creating an account on them. If you are interested in buying cryptos, do give it a try!

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