Cryptocurrencies have been in the limelight lately because of its market fluctuations and mesmerizing technological innovation. But to invest or trade in digital currencies, getting a cryptocurrency wallet is one of the major requisition. Without a wallet, there can be no transactions. Owning a good wallet is a prerequisite to saving yourself from all sorts of threats, hacks or scams, hence you must own a wallet, which is genuine and can keep your funds safe and secure.
A crypto wallet works just like a bank account where we can store the transactions made, can use to send and receive digital currency.
As we know, having a digital wallet is not registered under the law of any country, we have to choose the cryptocurrency wallet for digitized transactions carefully. Selecting the wrong wallet might lead to your money loss.
Hence, it's very critical to understand the benefits of each of the wallets before using one for yourself.
A multiple currency wallet or multi-currency wallet or universal cryptocurrency wallet is the one which supports more than one cryptocurrencies. It is beneficial because you don’t to keep many many wallets to keep your cryptos. Let’s discuss the best cryptocurrency wallet for 2020 which can be used for multiple cryptocurrencies:
The top 10 multi-cryptocurrency wallets in 2020 are:
Ledger Nano S is a USB sized cryptocurrency hardware wallet which is best for Ethereum transactions. It is multi-asset hardware which looks like a folding flash drive. The best part is that it can store Bitcoins, Ethereum, Ethereum tokens, and more than 30 other digital currencies. It works like a USB device, which when connected to the device needs the device to confirm transactions.
It is safe and can run multiple apps, relatively inexpensive, unhackable and malware proofed. It is a hardware wallet to there is no risk of the private keys to get exposed to the internet. This is one of the best cryptocurrency wallets available these days.
It can support and store more than 30 cryptocurrencies and can integrate with multiple software wallets. Lastly, it is one of the affordable OLED-based hardware wallets.
Click here to access Ledger Nano S
Ledger Blue is the most advanced security gear on the market, also known as the Rolls Royce of cryptocurrency hardware wallets. It is made by the same organization as Ledger Nano S. It comes with a Bluetooth, a rechargeable battery, and a large touchscreen. It is easy to transport and store because of its light-weighted characteristic. It works with multiple currencies and apps.
It looks like a mini iPad or a tablet, mainly designed for entertainment purposes.
The only drawback is that it is costly. But if you want high-class security, it is one of the best wallets. If you are looking for a better and advanced version of hardware wallet for your cryptocurrency, then you must check this wallet right away. This is also universal cryptocurrency wallet kind and it supports more than 20 cryptocurrencies including Ethereum, Ethereum Classic, Ripple, ARK, Stratis, NEO and many more.
Click here to access Ledger Blue
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.
A wide range of services have been integrated into the wallet, ranging from instant exchanges such as Coinswitch, Changelly, Totle, and Binance Dex, cryptocurrency purchases via Simplex, a wide range of gift cards from Bidali, to tax reporting functionality from Blocksentry. It boasts a DeFi-ready dApps browser and native support for collectibles while it can resolve FIO, ENS, and ZIL domains. Finally Coinomi is translated in over 25 languages and boasts 175 Fiat representations while its customer support has one of the best response times in the industry - its support agents are always eager to address users’ concerns or queries in a timely and professional manner.
Click here to access Coinomi Wallet
Jaxx is relatively a new crypto that beliefs in simplifying the blockchain and attracting the masses to its unique selling proposition. Jaxx is a multi-chain wallet that offers support for seven cryptocurrencies, namely Bitcoin, Ethereum, Dash, Ethereum Classic, DAO, Litecoin, Bitcoin Cash, REP and many more.
Jaxx gives you full control over the wallet, which is highly accessible with desktop and mobile compatibility. It allows you to quickly convert between bitcoin, Ethereum, and DAO, and will also work for all the coins, the Jaxx developers integrate in the future. It has been tagged as one of the best multi-currency wallets in the cryptocurrency wallet review. Its available in the form of a desktop app, Android and iPhone apps and Chrome extension.
Click here to access Jaxx Liberty
Trezor is a hardware Bitcoin wallet that also acts like a USB device, which operates on the “Zero Trust Approach”, which minimizes the compromise by a third party. It is one of the best multi-cryptocurrency wallets.
Trezor is protected by a PIN and provides you with recovery seed if your wallet is stolen or lost. It is specifically a Bitcoin wallet but supports 14 other cryptocurrencies. It has an easy-to-use interface and saves from hacking and thefts by their difficult protection PIN.
Just that it limits its communication with other devices. When the USB device isn’t connected, it’s turned off.
Click here to access Trezor
Freewallet is an online multi-currency wallet that supports multiple currencies like Bitcoin, Ethereum, and more than 30 crypto tokens, wherein it enables the free transaction between the freewallet users. You can even buy cryptocurrencies with the help of a credit card. It is not only a web wallet but its also available for mobile devices to download, such as iOS and Android. Freewallet provides some of the best features like multi-signature transaction confirmation, 2-factor authentication and many more.
Click here to access Freewallet
Exodus is a desktop supported cryptocurrency wallet. Exodus supports nearly three dozen cryptocurrencies including Bitcoin, Litecoin, Dash, Zcash, Ethereum among the popular ones.
As Exodus is a lite wallet, you never have to store the entire blockchain in your desktop.
Exodus galore with its pros over its cons. It has a very good interface with good access to the wallet, i.e full control.
Transactions over a crypto network can be made directly through the Exodus wallet. The transaction fee is paid to the network itself and not Exodus.
Click here to access Exodus
Read more: Top 22 Best Bitcoin Wallets Comparison 2020
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.
Atomic wallet is a universal multi-currency wallet that supports over 300 cryptocurrencies, which can be managed from a single interface. Atomic wallet is available for many operating systems- Windows, Mac, Fedora, Ubuntu, etc. The setup process is pretty easy and fast, with in-demand service that enables users to reduce the managing effort for multiple cryptos and make it reliable and transparent.
Click here to access Atomic wallet
Keep Key secures Bitcoin, Litecoin, Ethereum, Dogecoin, Dash, and Namecoin. They claim to be virus or malware proof, and assets are secured from thieves and hackers. KeepKey is a Bitcoin hardware wallet with advanced security against virtual and physical theft. Now, a lower price tag means more users can give it a try. In addition to Bitcoin, the KeepKey wallet enables the storage and transaction of a variety of cryptocurrencies.
KeepKey integrates with the wallet software on your computer by taking over a private key generation, private key storage, and transaction signing.
Its top-notch security almost makes it impossible for hackers to steal the private key.
Click here to access KeepKey
COINS app, is an iOS-specific wallet that supports more than 1500 cryptocurrencies. It is a non-custodial wallet hence the entire control over his assets is vested upon by the users. Not only can you browse and explore the coins free of cost, but you can even swap your existing coins. COINS wallet is developed by Coinpaprika, and enables you to control multiple currencies from a single app. You can even purchase cryptocurrencies by using FIAT through this app.
Click here to access COINS
CoinPayments is a digital web-based cryptocurrency, which has no registration fee but a minimal transaction fee. The best thing about CoinPayments is their visibility and their multi cryptocurrency wallet support feature.
CoinPayments has integrated with BitGo to make it the most secure wallet, which allows you to store multiple digital currencies without any limit set. A vault feature has been added to protect and secure the money from hackers. It supports over 60 coins- Bitcoin, Litecoin, Neo, Tron and more.
CoinPayments provides with a variety of innovative services, including cold storage, multi-signature, instant confirmations, plugins for easy integration of payment features and merchant tools, vaulting for long-term storage.
Click here to access CoinPayments
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 firstname.lastname@example.org or refer our API documentation.
CoinSwitch.co 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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