Cardano Wallet

Anisa Batabyal
| 30 April, 2020 | 2 min

What is Cardano Wallet?

Cardano is the habitat for the ADA cryptocurrency, which is mainly being used to send and receive digital funds, making direct transfers fast and possible through the use of cryptography.

More than being a cryptocurrency, it is a technological platform that helps run the financial applications which are being used by individuals and institutions all around the world. The platform is being constructed in layers which gives the flexibility to allow for upgrades of a soft fork. Cardano also runs decentralized applications and services which are not being controlled by any third parties.

This is the first blockchain project designed by a global team of developers and can be implemented on mission-critical systems such as aerospace and banking applications.

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Cardano is ranked 12th in terms of market capitalization.

List of 7 best Cardano wallets in 2020

The top 7 best Cardano wallets in 2020 are:

  • Ledger Nano S
  • Trezor Model T
  • Daedalus Wallet
  • Guarda Wallet
  • Infinito Wallet
  • Atomic Cardano Wallet
  • AdaLite

#1 Ledger Nano S

Ledger Nano S is one of the most popular Cardano hardware wallets that support more than 1000 cryptocurrencies. Ledger Nano X also supports ADA and enables the user to store, buy and sell Cardano in a secure way, barring threats from the hackers. As Ledger Nano has certain advanced secure features, it is a bit costly as compared to the other hardware wallets. You can use it at ease.

Click here to access Ledger wallet

#2 Trezor Model T

Trezor is also a renowned hardware wallet that supports Cardano and thousands of other cryptocurrencies. It is considered as one of the safest crypto hardware wallets, that enables one to protect their funds from hackers or thefts or scammers. You can sell, buy and store Cardano with utmost convenience. It is designed in a way that it can be handy for both the beginners and the experts.

Click here to access Trezor Model T

#3 Daedalus Wallet

Daedalus is the official wallet for ADA cryptocurrency, which is an open source software, which is available for Windows and macOS.

Daedalus is a hierarchical deterministic(HD) wallet, which runs the Cardano protocol and is regarded as one of the best Cardano wallets for Mac. The best part is that the setup process is very straightforward, where it’s easy to receive and send ADA as well as view your transaction history.

When you use Daedalus, you retain complete control of your keys, which are protected by advanced cryptography. The development team behind the wallet claims that future releases will allow third-party developers to develop their own applications for increased functionality, for example, to set up recurring payments or exchange one cryptocurrency for another.

The Daedalus wallet provides support for Cardano Paper Wallet as well.

Click here to access Daedalus wallet

#4 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.

#5 Infinito Wallet

Infinito Wallet is the first universal wallet in the world which provides easy and fast application access with the utmost security and 24/7 maintained and regularly updated gateway to the blockchain, allowing fast transactions. It also helps the user by storing the list of frequent address for hassle-free transactions and even includes messages with transactions for improved record keeping. It is available on both android and ios devices.

Infinito Cardano Wallet Android is reasonably safe and secured as your cryptocurrency data is not stored on servers. Your digital assets cannot be stolen from the internet, and hence one must be careful not to share passwords or passphrases, as doing so could allow unauthorized access to funds. It's advisable to store passwords and passphrases in a safe place. It is considered as one of the best Cardano wallets ios.

Click here to access Infinito wallet

#6 Atomic Cardano Wallet

Atomic Wallet currently supports more than 300 coins and tokens. It's the easiest and convenient way to handle all your crypto assets. Atomic Wallet provides a powerful, in-demand service which allows the users to reduce the efforts spent on managing crypto assets and makes it reliable and transparent. It is the most secure, transparent, trustworthy and decentralized ADA wallet card you can ever imagine. Strong encryption and custody-free solution guarantee users the highest level of security. It is compatible with Windows, MacOS, Ubuntu, Debian and Fedora and is the best ADA wallet download for desktop operations. 

Click here to access Atomic Cardano wallet

#7 AdaLite

AdaLite is an open-source client-side interface wallet, which is compatible with Trezor Model T, Ledger wallet S and Ledger wallet X. You can directly interact with the Cardano blockchain It is like using a hardware wallet. AdaLite was created as a project by Vacuumlabs, is a new project with a unique vision to help the Cardano users protect their funds from any sort of attacks.

Click here to access Adalite

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 or refer our API documentation.

About CoinSwitch is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like KuCoin, IDEX, Changelly, Cryptopia, ChangeNow and Changer without creating an account on them. If you are interested in buying cryptos, do give it a try!

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