Cryptocurrencies have become so popular today, thanks to its mesmerizing technological innovation. For an investor to trade in digital currencies, getting the best desktop wallets in 2020 is one of the pre-requisite. One cannot make transactions without a cryptocurrency wallet. A crypto wallet is like a bank account that can be utilized to send and receive digital currency. As digital wallets are not registered under the law of any country, so it is important to cautiously choose the cryptocurrency wallet for digitized transactions. While selecting the best desktop wallets crypto, it is advisable to choose a universal cryptocurrency wallet that supports more than one cryptocurrency.
Let’s start with electrum wallet review. Did you know approx 10 percent of all bitcoin transactions occur on Electrum? This lightweight desktop bitcoin wallet supports multiple operating systems such as Windows, Mac, etc. It is integrated with premium hardware wallets such as TREZOR, KeepKey and Ledger Nano S. As a service provider, Electrum charges transaction fees, and the default fee is a flat rate of 0.2 mBTC. It is not ideal for beginners and only supports bitcoin.
Download Electrum wallet
Purely a desktop cryptocurrency wallet, Exodus supports over 30 cryptocurrencies including Bitcoin, Litecoin, Dash, Zcash, Ethereum among the popular ones. This lite wallet offers a user-friendly interface, and you never have to store the entire blockchain in your desktop. For the transactions made using Exodus wallet, the fee is paid to the network and not Exodus. It is the first desktop wallet that supports the functionality of ShapeShift which makes it a better option than electrum wallet review. However, it does not support two-factor authentication and multi-signature.
Download Exodus wallet
Guarda is the first multi cryptocurrency wallet, which supports the most popular crypto coins and tokens including Zcash, BTC, ETH (+ERC20 tokens), ETC, Zcash, Ripple, DASH, latest EOS, and other multiple altcoins. This reliable and safe and easy to handle wallet has been the popular choice among crypto enthusiasts. Its best feature is that it does not store your information, wallet data or private keys in comparison to other wallets. The private key is stored in the device’s secure memory and deletes itself if you log out from the wallet. Moreover, it allows you to smoothly shift your assets from one coin to another without registration, limits and complex verification procedures.
Download Guarda wallet
A multi-chain wallet which initially provided support for seven cryptocurrencies, namely Bitcoin, Ethereum, Dash, Ethereum Classic, DAO, Litecoin, Bitcoin Cash and is now adding on the list. It focuses on simplifying the blockchain and attracting the masses to its unique selling proposition. This wallet gives the user full control as it can be accessed via both – desktop and mobile applications; and available as a desktop app, Chrome extension, and Android and iPhone apps. It has been tagged as one of the best multi-currency wallets in the cryptocurrency desktop wallets review 2020, although it does not offer multi-signature and two-factor authentication.
Download Jaxx wallet
Armory is the first open-source cold wallet for Bitcoin storage that also features multi-signature support. If you are looking for a safe storage option, this wallet offers multi-signature support and other advanced security features. It helps you set up multiple wallet addresses to separate a user’s personal Bitcoin account form his other funds. It comes with cold storage support wherein your private keys are stored offline, keeping them away from any type of online hacks. This remarkable wallet is free to install and use, and is compatible with Windows, Mac OS X, and Linux systems.
Download Armory wallet
It’s time to follow the ‘Go Green’ rule in crypto space. If you always want to be the only one in control, choose Green Address as it protects your bitcoins transactions with two-factor authentication, let you set spending limits and rate limit transactions. Further, users can easily login in 'watch-only mode' via custom login without compromising security. This multi-signature and deterministic wallet allow you to set spending limits and rate limit transactions giving you unprecedented control.
Download Green Address wallet
If you are looking for the best bitcoin desktop wallet, then choose Atomic Wallet. It currently supports 300+coins and tokens. This transparent, powerful and reliable wallet allows users to reduce effort spent on managing crypto assets. And the credit goes to its decentralized Atomic Swap to proceed with cross-chain exchange avoiding third-party risks. Moreover, it has built-in ShapeShift, ChangeNOW and Changelly exchanges for coins not yet supported by Atomic Swap. Thanks to its strong encryption and custody-free solution, only you have control over your funds as your private keys are encrypted.
Download Atomic wallet
MultiBit HD is a lightweight and easy to use desktop wallet. This easy to install wallet quickly synchronizes with the network and is ready to use in minutes. It offers multi-lingual support and has always been the top choice for non-technical users. Though it offers decentralized verification, good privacy, and basic Transparency, its major con is that it operates in a vulnerable environment.
Download MultiBit HD wallet
Download Bitcoin core wallet
Copay is a secure bitcoin wallet platform for both desktop and mobile devices. Copay uses Bitcore Wallet Service (BWS) for peer synchronization and network interfacing. It offers intuitive, multisignature security for personal or shared wallets along with easy spending proposal flow for shared wallets and group payments. It is available for iOS, Android, Windows Phone, Chrome App, Linux, Windows and OS X devices. Only con is it supports Bitcoin-only, and still do not offer multi-factor authentication.
Download CoPay wallet
Now that we have discussed the best desktop wallets in 2020, it’s time for you to make the best and wisest decision by choosing the desktop wallet that will prove beneficial and secure for your digital currencies. Always remember, “there's -no one size fits all- wallet”.
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