Verge (XVG) was created in 2014 by a person or group of people who go by the pseudonym “Sunerok”, which allows users to make anonymous and untraceable transactions, which uses Tor network to keep the identities and transactions hidden.
The Verge is also an open-source decentralized digital currency, which has a maximum supply of $16.5 billion, much more than the largest cryptocurrency. You can say Verge is the anonymous and enhanced version of Bitcoin, where you can finish the transaction in less than 30 seconds, which is much faster than BTC.
Not only the speed, Verge, which is one of the top 40 cryptocurrencies, is much more scalable than Bitcoin, which can process up to more than 100 transactions per second.
Verge is even accepted by the adult entertainment industry- PornHub, which is a major development for the coin and for cryptocurrency in general.
Now that, Verge is gaining its popularity, more and more investors are trading on Verge cryptocurrency, we should check out the top Wallets that hold XVG for 2020:
The top 5 Verge wallets in 2020 are:
Electrum was mainly known for supporting Bitcoin, but now Verge forked the Electrum wallet codebase and made some adjustments so that it becomes compatible with the Verge blockchain. Verge Electrum Wallet is a lightweight and easy platform to store your XVG holdings securely.
It uses the Simple Payment Verification(SPV) method, which can verify the transaction in five seconds and the best part is that you don’t have to download the entire Verge blockchain. Electrum uses two separate levels of encryption to protect your funds and it is easier for new users to navigate as it is having an intuitive interface.
Verge Electrum wallet is available on Windows, Mac OS X and Linux operating systems and can also run encrypted transactions through a chain of Tor relays to provide increased privacy. It is regarded as one of the secure Verge online wallets.
This full node wallet is designed to increase user privacy. This is one of the best Verge wallets for the users who wants to make anonymous transactions. You can download it from the Verge homepage only and is available on Windows, Linux, and Mac OS X systems, and is regarded as one of the noteworthy verge web wallets available.
Verge QT Wallet is Verge crypto specific wallet, solely designed for XVG users. Because of its added security features, it has been tagged as one of the top Verge wallets in 2020.
Tor Verge wallet is one of the best Verge wallets for android and has great security as they use the Tor network. This app allows users to scan QR codes from other Tor wallets and paper wallets.
Also known as the Tordroid wallet, it includes useful features, such as seed-phrase recovery and fingerprint or pin code app lock. Tor Wallet has come up with ios updates, too recently. The latest version of the Verge wallets for iPhone and verge desktop wallet uses the Insight API because of which there is no way for users to store their private keys in a secure manner. The development team is focusing to get a few key points of the iOS wallet completed which involved improving the ‘recipient selector’ and the ‘sending transaction screen’.
The Coinomi mobile wallet supports more than 100 cryptocurrencies, hence one of the popular choices for XVG top wallets. It supports coins like Bitcoin, Verge, Bitcoin Cash, Monero, Litecoin, Ethereum and a wide range of other altcoins.
Coinomi’s great user interface is another point in its favor, which makes it one of the easy-to-exchange platform. Your private keys are stored on your personal device from a security point of view and Coinomi’s servers anonymize the transaction requests by hiding your IP address. It’s also a hierarchical deterministic (HD) wallet, that means your XVGs are secured with a 12-word passphrase that needs to be backed up only once.
This XVG Verge wallet is one of the safest ways to store your Verge keys as per verge wallets review and hence a part of verge wallets list. This storage solution will be appealing to users who want total control of their Verge. Making your own paper Verge wallet is a little tricky but it’s worth the effort.
Storing Private keys offline in a physical form is highly recommended to all Verge users, who can be secretive about their private key. Paper wallets can never crash or get hacked and moreover, they don’t take up so much of storage space.
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