There are many crypto wallets on the market to choose from, but the offering from Infinity is proving popular among digital asset holders. 

Here, we take a deep dive into the Infinity [crypto wallet](/news/article/best-crypto-wallets), what it is, how it works, and the organisation behind the tech. 

## What’s behind Infinity crypto wallet? 

Infinity describes itself as an ‘all-in-one” non-custodial wallet ecosystem. It claims to be the first multi-chain, non-browser-extension, non-custodial wallet to hit the market. In a crowded crypto wallet marketplace, it’s necessary to make bold claims to stand out. 

Infinity crypto wallet launched with a desktop version, soon followed by a mobile app, with the company now claiming to support hundreds of thousands of users. 

It has been very public about its mission, spelling out its strategy in a [funding pitch](https://communityfund.stellar.org/projects/infinity-wallet-scf-14). That included identifying some of the initial core team members behind Infinity, including [Team Lead Aaron B](https://www.linkedin.com/in/aaron-b-418020a5/), who has experience in UI/UX design and software development as well as more than 10 years of involvement in crypto, and [Tech Lead Juan Dominguez-Adame](https://www.linkedin.com/in/juan-dominguez-adame-0480a0120/), whose background is in hardware and software development. 

The purpose of the Infinity project was to create a seamless solution for cross-border DeFi payments which would be a gateway to the world of Web3. 

The company states its focus has been on providing the best user experience and most accessible tool to allow for the adoption of Web3 and DeFi. It aims to be the 'complete solution' for crypto users by having everything they need in one place and offering a seamless user interface. 

Infinity is also committed to continuous growth and evolution of its products, adding new features and services to meet changing demands and needs. 

## What is Infinity Wallet for? 

The team behind Infinity says it is the first desktop platform giving users complete access to Web3 and DApps without leaving their wallets. It incorporates a Web3 browser and DApp/Web3 store within the platform, removing reliance on browser extension wallets. 

They claim this delivers a safer, more accessible, and ‘superior’ experience for users, which will enable simpler adoption and use. 

Infinity's mission statement is to be a world-leading digital asset enabler by offering a one-stop wallet that meets all of the needs of cryptocurrency users. The company says it will meet this ambition through a user-first approach, making interaction, monitoring, trading, and transacting in the decentralised environment more straightforward and more secure. 

Launched in 2020, it is claimed there are currently more than 227,000 Infinity crypto wallet users in over 170 countries. The wallet supports more than 150,000 digital assets. 

## Vision and values 

The Infinity Wallet team is very vocal about its goals and values. 

The simplified version of its vision is to empower people to experience a better future through the use of blockchain technology. This will, it says, ‘liberate’ wealth globally. 

Blockchain tech can bring improvements to all aspects of our lives, Infinity adds, as well as delivering improvements across industries including finance, gaming, and transport. 

Underpinning this mission are 'fundamental values' that shape what Infinity does, how it does it, and who it hires. Throughout its planned expansion and development, these values will never be compromised, it promises. 

## How does Infinity crypto wallet work? 

Inside the Infinity crypto wallet you’ll find a dashboard laying out the features. These include checking the wallet balance over different periods, as well as a simple way to view your current assets, facilitated with a search bar making it easier to locate the asset you are looking for. 

Click on ‘My Wallet’ and you’ll see all the coins and tokens in your wallet. While some are added by default, you can customise the experience to ‘Add Custom Tokens’ so you can see everything you need. 

It also includes an option to store and view your NFTs, with a simple click, and use the NFT marketplace. 

With simplified usability as a core part of the Infinity crypto wallet proposition, it has an easy-to-use interface. On the dashboard, you can find ways to quickly navigate to Swap, Transactions, News, Market Stats, and DApps options. 

Security is, obviously, a concern [with any wallet](/news/article/what-is-blockchain-wallet). The Infinity Wallet encrypts users’ private keys and data on their devices to increase security. Only the user is granted access to the wallet and private keys to maintain privacy. 

Infinity Crypto Logo on image of cryptocurrencies

Infinity Crypto Wallet Unpacked

Finding a secure and user-friendly wallet is crucial for managing digital assets. One solution that has gained significant attention is Fantom Wallet. 

In this article, we will delve into the features, functionality, and pros and cons of Fantom Wallet, offering a comprehensive overview for crypto enthusiasts and investors. 

## Understanding Fantom Wallet 

Fantom Wallet is a cutting-edge [digital wallet](https://store.fantomwallet.com/) designed to securely store and manage cryptocurrencies, with a particular focus on the Fantom (FTM) ecosystem. It provides users with a streamlined and intuitive interface, allowing them to conveniently access, send, and receive FTM and other compatible tokens. 

## How does it work? 

This wallet leverages the power of blockchain technology to ensure the security and integrity of users' digital assets. 

It operates as a [non-custodial wallet](/news/article/is-a-non-custodial-wallet-for-me), meaning that users have complete control over their funds without relying on a centralised authority. This decentralised approach enhances security and eliminates the risks associated with third-party custody. 

With the Fantom option, users can generate and manage multiple cryptocurrency addresses within a single interface. Each address is secured by a unique private key, which is stored securely on the user's device. The wallet also supports hardware wallet integration, allowing for an added layer of protection through devices such as [Ledger](https://www.ledger.com/) or [Trezor. ](https://trezor.io/)

Transacting with this wallet is straightforward. Users can send and receive [FTM tokens ](/news/article/ftm-price-and-predictions)by simply inputting the recipient's address and desired amount. The wallet also supports the storage and management of other compatible tokens, expanding its functionality and versatility. 

## Pros and cons of Fantom Wallet 

Like any digital wallet, this option has its own set of advantages and limitations. Let's explore the pros and cons to help you make an informed decision: 

### Pros 

Security: This wallet prioritises security by enabling users to maintain control over their private keys. The wallet's non-custodial nature ensures that users are the sole custodians of their funds, minimising the risk of unauthorised access or theft. 

User-Friendly Interface: It boasts a sleek and user-friendly interface, making it accessible even for beginners. Its intuitive design and straightforward navigation enhance the overall user experience. 

Compatibility and Integration: The wallet supports a wide range of tokens, ensuring compatibility with various projects within the Fantom ecosystem. Additionally, it offers hardware wallet integration, allowing users to leverage the enhanced security features provided by these devices. 

Transaction Speed: Fantom is known for its high-speed transactions, and Fantom Wallet capitalises on this feature. Users can enjoy swift and seamless transactions, enhancing efficiency and usability. 

### Cons 

Limited Token Support: While this wallet supports a decent selection of tokens, it may not cater to the needs of users with a diverse portfolio. This limitation may require users to seek alternative wallets for managing specific tokens not currently supported. 

Relatively New Platform: This option is relatively new compared to some established wallet providers. Although it has gained traction and positive feedback within the Fantom community, some users may prefer to rely on more established wallets with a longer track record. 

## Additional features and the future 

In addition to its core functionalities, Fantom Wallet offers several noteworthy features that enhance its appeal to crypto users. 

One such feature is the ability to stake FTM tokens directly from the wallet interface. Staking allows users to earn rewards for playing a role in the network's consensus mechanism, contributing to its security and stability. 

Furthermore, this wallet provides a seamless bridge to interact with decentralised applications (DApps) built on the Fantom network. Users can conveniently access and engage with a wide array of DApps, ranging from decentralised exchanges to lending platforms, all within the wallet interface. 

Looking ahead, Fantom has exciting plans for future development of the wallet. The team behind it is actively working on integrating additional blockchain networks, expanding its compatibility beyond the Fantom ecosystem. This expansion will provide users with even more options for managing their diverse crypto portfolios. 

Moreover, the development team aims to continuously improve the wallet's user experience and security measures. They are dedicated to addressing user feedback and implementing new features that further enhance the overall functionality and convenience of this wallet. 

## Conclusion 

In conclusion, Fantom Wallet offers a secure and user-friendly solution for managing cryptocurrencies within the Fantom ecosystem. 

Its emphasis on user control and the integration of hardware wallets contribute to its overall security and convenience. While it may have some limitations in terms of token support and being a relatively new platform, it presents a compelling option for those seeking an efficient wallet solution for their Fantom and compatible tokens. 

Discovering Fantom Wallet: An efficient solution for secure crypto storage 

Cryptocurrencies have seen a remarkable surge in popularity in recent years, with more and more people recognizing their potential as a new form of investment. But crypto trading with HSBC is not an easy process. 

HSBC Bank has a restrictive policy on [crypto](/wiki) transactions, which means that an investor might face challenges or limitations when trying to [buy or sell crypto](/news/article/best-tools-for-trading-crypto) using its services. 

## What is the HSBC crypto stance? 

HSBC is widely recognized as one of the largest and most prominent financial institutions globally, with operations in multiple countries and territories. However, it is also one of the most conservative banks when it comes to crypto. 

The bank's CEO [claimed ](https://www.reuters.com/technology/exclusive-hsbc-ceo-says-bitcoin-not-us-2021-05-24/)in 2021 that it does not provide platforms for trading cryptocurrencies, nor does it offer HSBC crypto as an investment avenue to its customers. The bank also does not provide custody or banking services for crypto assets. 

The reason for this policy is that HSBC Bank considers crypto to be too volatile, risky, and unregulated for its standards. The bank also cites concerns about money laundering, fraud, and tax evasion that could be associated with crypto transactions. 

## How can one buy or sell crypto through HSBC Bank? 

Despite HSBC Bank's official stance, there might be some ways for HSBC crypto trading. However, these methods are not guaranteed to work and might involve some fees, delays, or restrictions. Here are some of the possible options: 

- Use a third-party [platform ](/news/tag/exchange-tag)that accepts HSBC Bank transfers. Some crypto trading platforms, such as Coinbase, Binance, or Kraken, allow you to link your HSBC Bank account and use it to fund your crypto purchases or withdrawals. However, this option might not be available in all countries or regions where HSBC Bank operates. Moreover, HSBC Bank might block or reject your transfers if it detects that they are related to crypto transactions. In that case, you might face some penalties or account closure from the bank. 
- Use a peer-to-peer (P2P) platform that connects you with other buyers or sellers. Some platforms, such as LocalBitcoins, Bisa, or Paxful, allow you to trade crypto directly with other people using various payment methods, including HSBC Bank transfers. However, this option might also be subject to HSBC Bank's scrutiny and intervention. Moreover, you might face some risks of fraud, scams, or disputes when dealing with strangers online. Therefore, you should always use a reputable platform that offers escrow and dispute resolution services. 
- Use a credit/debit card or a digital wallet that supports crypto transactions. Some credit/debit cards or digital wallets, such as Visa or Wirex, allow you to deposit fiat currency into your crypto exchange account. Your balance can be topped up using your HSBC Bank card or account. However, this option might incur fees or limits from both the card/wallet provider and HSBC Bank. 

## Final thoughts on HSBC crypto 

Buying and selling crypto through HSBC Bank is possible but not easy. The bank views cryptocurrencies as highly volatile and risky. In this regard, it does not provide trading platforms, nor does it offer HSBC crypto as an [investment option](/news/article/crypto-invest-strategy) to its customers. However, the bank provides services enabling its customers to buy and sell crypto. One can, for instance, transfer fiat currency to a credit card and then use it to fund their crypto trading accounts. 

Buying and selling crypto through HSBC Bank: A user's guide 

Here, we introduce the [Bitcoin Edge Wallet](https://edge.app/), which may be the ideal wallet for safekeeping your crypto. 

Cybercrime is a burgeoning issue in the crypto market that has swept more than $600 million worth of digital assets from the market. As a result, investors are on the constant lookout for a secure option for keeping their crypto. However, due to the multitude of options available in the market, picking the right one could be tricky.  

Introducing Edge. 

## What is Bitcoin Edge? 

Edge wallet is a digital wallet that you can use for storing all your cryptocurrencies. It is an app-based platform that keeps your assets safe and gives you a seamless interface to manage them. It allows you to safely trade your assets while keeping control with you. 

The wallet lets you buy and sell more than 130 coins on its app. Meanwhile, you can secure access to the wallet by setting up a biometric or a PIN login. You can also easily switch devices because of its auto-sync feature. 

## Create an account on Bitcoin Edge in 6 steps 

Here's how you can create an account on the app: 

1. Visit the app store, find the app, and download it. 
2. It will show a 'get started' option; select it to go to the page to set up a username and password. 
3. Type in the username and enter a password by following its guidelines for using certain characters.  
4. Add a unique four-digit PIN for your account to add a protective layer for accessing it. 
5. After that, it will show you your account details. It is crucial to note and keep it safe, as you may lose access to your account without it.  
6. Once done, review the wallet's terms and conditions and proceed with 'Confirm & Finish'. 

Finally, your Edge account will be ready to use. You can view the dashboard and two wallets on it. Initially, it gives two options: My Ether and My Bitcoin. But you can add other wallets per your preference.  

## How to buy Bitcoin with Edge Wallet 

To purchase Bitcoin with Edge Wallet, go to 'Buy' at the bottom of the screen. 

![Edge app screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Edge_app_screenshot_5723449ce1.png)

Multiple payment options will appear on the screen when you select it, including bank transfer, credit or debit card, Apple Pay, and others. You can choose any of them as per your preferences. 

Once you select a payment method, the app will guide you through the purchasing process. Follow the directives and pay the amount to buy the BTC. After that, the payment will be accepted, and the app will transfer the BTC to your account.  

Buying crypto through these payment methods is one of the most convenient options, allowing you to buy directly from the app. However, you have to pay an extra fee to enjoy this convenience.  

There are several other options to buy crypto aside from Bitcoin Edge. A common among them are centralised exchanges like[ Coinbase](/news/article/coinbase-review-uk), Binance, or [Kraken](/news/article/kraken-review). You can also purchase BTC from decentralised exchanges like Uniswap, [PancakeSwap](/news/article/what-is-pancakeswap), or [Trader Joe](/news/article/trader-joe-xyz-launches-amm). Regarding the transaction fee, cryptocurrency exchanges are the cheapest among all other options for buying crypto.  

Apart from using a [cryptocurrency exchange](/news/article/what-is-a-cryptocurrency-exchange), you can also opt for peer-to-peer (P2P) transfers. It lets you buy or sell crypto directly from another trusted person. This type of trade is facilitated by various payment gateways like PayPal, ACH transfer, Venmo, and others.  

## Final thoughts 

Bitcoin Edge is a powerful mobile wallet for securely managing and trading more than 100 cryptocurrencies on one intuitive platform. The app's intuitive interface is easy to get acquainted with and make trades whenever you like. 

Furthermore, the app can easily auto-sync with any of your devices so that you can manage your assets seamlessly. It also maintains a high level of security by letting you add a PIN or biometric for every wallet on the app. 

In this article, we covered how to create an account on Edge and use it to buy Bitcoins. You can confidently set up and navigate the wallet by following these simple steps. 

Bitcoins falling out of edge wallet on a desk

What is the Bitcoin Edge Wallet and how do you use it? 

The Plutus card is a rewarding debit card used to make purchases online and in person. Each time its holder uses it to make payments, they earn 3% of their transaction in Pluton (PLU) as a reward. It is a product of Block Code Ltd, a company registered in England and Wales. 

## Pros and cons 

### Pros 

- 3% cashback on payments made. 
- Non-custodial cryptocurrency wallet.
- More rewards for premium and pro members. 
- Free trading fees with membership. 

### Cons 

- Only works with ETH and PLU crypto. 
- Not available everywhere, including in the US. 
- The rewards program involves monthly fees. 

## How it works 

Plutus is available as a physical and digital card. To use it, one has first to top it up. Those living where it is supported can top it up with either EUR or GBP via SEPA or SWIFT bank transfers. They can then spend their fiat anywhere VISA is accepted and earn crypto rewards. 

## Supported cryptocurrencies 

Plutus only supports [Ethereum (ETH) ](/coins/eth)and Pluton (PLU) cryptocurrencies (as of writing), which can be converted into fiat currencies through a decentralized exchange. 

Pluton (PLU) is marketed as the world’s first decentralized loyalty rewards token. It is an ERC20 token that is earned on purchases made using Plutus. 

## Perks 

Besides the cashback reward, users can earn additional perks by stacking PLU. There are up to eight perks, which include free Netflix and Spotify subscriptions. 

How many perks a user enjoys depends on their subscription plan and how many PLU tokens they hold. There are three subscription plans, Starter, Everyday, and Premium. The Starter plan comes with one perk, the Everyday plan has two perks, and the Premium plan has three perks. 

The more tokens a user stacks, the more perks they enjoy. Users stacking 250 PLU get four perks, and those stacking 500 PLU get five. Those holding 1,000 PLU get six perks, while those holding 2,000 PLU get eight. It is worth noting that reward-level figures replace subscription plan figures. 

## Supported countries 

[Plutus card](https://plutus.it/card) is available in the UK. It is also available in most countries in the European Economic Area, including Austria, Belgium, and Bulgaria. 

However, it is not available in many other parts of the world, including the US. According to its site, there are plans to expand its availability to where it's currently unavailable. 

## Fees 

[Fees](https://plutus.it/accounts) vary based on a user’s subscription plan. The Starter plan is free. The Everyday plan costs €4.99 per month. The Premium plan costs €14.99 per month. 

The Starter plan features a 1% fee on Swaps, while the other two charge zero fees. All three accounts have zero fiat withdrawal fees. However, they all charge €5 PLU withdrawal fees. 

Besides the account fees, additional fees are charged whenever Plutus card is used to make a purchase. The fees are extensive and complex, but worth checking out. You can also expect ATM withdrawal fees whenever you cash out using the card. 

## Is it worth it? 

Plutus card offers many benefits, especially the 3% cashback reward. The fact that it comes with a non-custodial Ethereum wallet is another plus. Holders get to own their private keys and have full control over their funds. 

Furthermore, it is protected by the VBV (Verified by Visa) and governed by the FCA (Financial Conduct Authority). It is legit. 

Its few drawbacks are what might worry some people. For example, it is not available everywhere. It also only supports PLU and ETH and features some pretty high fees compared to other cards. 

## Alternatives 

Plutus limitations make Coinbase, Binance, and Crypto.com cards great alternatives for those looking to invest in them. 

Coinbase card, for example, has a few advantages. Firstly, it enables holders to earn up to 4% back in crypto rewards every time they make a purchase. Holders can choose which cryptocurrency gets converted and used to make payments. A wide variety of cryptocurrencies are supported. 

Furthermore, it is highly secure and available anywhere Coinbase is available. Like other crypto cards, one must have a Coinbase account to use it, which is a drawback for some people. 

## Conclusion 

Plutus card is a great payment card if you live where it is available, Europe. It is accepted anywhere that VISA can be used and offers 3% cashback rewards. Its three subscription plans allow anyone, regardless of their financial situation, to use it. All in all, it is an excellent crypto card. 

plutus card in persons hand with bitcoins in the background

What is the Plutus Card?

The [Ledger Stax](https://shop.ledger.com/products/ledger-stax) boasts the biggest touchscreen on the market, a Bluetooth connection, and an iPod-like design. It also asks for the most money on the market too, going for $279 against products like the Ledger Nano, which can go for a nifty $79. So why is it so expensive, and why are we discussing it in a[ Web3](/news/article/what-is-web-3.0-crypto) space? Let’s get into it! 

## Background 

Historically, storing and moving crypto assets has always been the primary goal behind using e-wallet services. The convenience of having all your crypto assets stored safely under a wallet address led to many names in the market coming up with newer, faster, and more user-friendly e-wallets. 

To differentiate themselves and to try and negotiate a sustainable market position, these e-wallets often focused on differentiated specialities. Some wallets specialize in transaction speed, some in security protocols, whereas some claim proficiency in a specific blockchain. 

## Hardware wallets 

As more niches started to develop in the market, it was no surprise to the community when [TREZOR](https://www.finder.com.au/trezor-bitcoin-wallet-review) came up with the first hardware wallet in 2014. The utility of hardware wallets was questioned because traders/asset holders at the time thought that the problem of e-wallet security had been catered to. Well, traders kept losing money and valuable assets as a result. 

In fact, it was not till Bitcoin and many other cryptocurrencies/assets had reached the $1,000 price that security and the utility of hardware wallets became a serious consideration in the crypto space. 

This sentiment was later reinforced when people started to trade NFTs worth a fortune. Slowly, it became necessary for high-profile traders to keep a [hardware wallet](/news/article/what-is-web-3.0-crypto) or wallets. 

Hardware wallets have been found to be more secure than their software counterparts because of their ability to store and hold transaction details/keys offline, just like a USB device. 

## Enter: Ledger Stax 

Things have gone through major upgrades in the last eight years. As threats to security and safe transactions have increased, so has the sophistication of hardware wallets. 

But the Ledger Stax only asks this price because of the convenience and gimmicks it offers better than the competition, and who would know better design work for gimmicks if not [Tony Fadell](https://en.wikipedia.org/wiki/Tony_Fadell), the man behind the iPod's design, and the Ledger Stax design? 

Having said that, this association with the iPod is not the only reason why the Ledger Stax asks you to pay a premium price. 

Other than its design, the Ledger Stax offers Bluetooth connectivity. This allows traders to connect the device to their cell phones and upload NFTs or other assets via Bluetooth transfers from the Ledger’s native Ledger Live application on their phones. 

Additionally, the Ledger Stax boasts the best battery life on the market. It may take you weeks or even a month to run the battery out, depending on the nature of your usage. And in case you are able to run the battery out, the Ledger Stax offers seamless Qi wireless charging as well. However, that is probably a feature most traders would trade off if it meant that the Ledger Stax could be made more affordable. 

Although gimmicky, the Ledger Stax can use your favourite NFT as a lock screen. Depending on who you are and what you own, that could be an offering that catches your eye.  


## But… 

Despite all these pluses, the Ledger Stax does indeed come off as little more than a status maximization tool that traders can show off. 

It is obvious that the utility that this device provides can suit the use cases of high-volume traders, but you can easily conclude that this product is not for everyone. In fact, it is possible to get two good-quality wallets for the price of this one, and I do not think that is going to make it easy for this wallet to sell. 

Another huge downside to the Ledger Stax wallet is that the e-ink touchscreen is not a coloured screen. So, if your favourite NFT depends on colour orientation, as most NFTs do, you are out of luck. You can still put it on as your lock screen, but you would not be doing justice to your valued crypto asset. 

There is one more concern. When it comes to products requiring high-security protocols, enabling a Bluetooth connection kind of defeats the purpose. The philosophy of hardware wallets is supposed to ensure that these wallets are a lot safer than the standard e-wallets. We are sure that the Ledger Stax developers have kept that in mind, but a Bluetooth connection to pair the wallet with your smartphone to enable a native application sounds like too many entry points for something malicious to enter your wallet. 

However, in the context of Ledger itself, it does serve the brand well to have multiple products of varying quality serving the same market. If Ledger’s work sounds interesting to you, you might want to read about [its crypto debit card](/news/article/ledger-crypto-wallet). 


Ledger Stax: The Web3 iPod?

With the current surge in the popularity of cryptocurrencies, managing a diverse crypto portfolio has become increasingly challenging for investors. However, crypto portfolio trackers such as CoinStats offer a solution. 

It provides a user-friendly platform that simplifies monitoring various cryptocurrencies available in the market. This tool particularly benefits investors primarily focusing on Ethereum and DeFi sectors. 

Unlike other prominent crypto portfolio trackers, the platform lets users seamlessly sync their MetaMask, Ledger, or other Ethereum-compatible wallets directly with the portfolio tracker. This integration feature allows users to conveniently keep track of all their investments within the Ethereum ecosystem from a single centralised platform. 

## How to get started with CoinStats 

To begin using [CoinStats](https://coinstats.app/), the first step is registering for an account. Upon registration, there is an option to choose the free plan, which provides numerous complimentary features. However, it offers two premium plans for optimal platform utilisation: CoinStats Pro and CoinStats Premium. 

The Pro plan is priced at $3.49 per month, enabling users to connect effortlessly to ten cryptocurrency exchanges and ten distinct crypto wallets. Additionally, users are granted the ability to track up to 1,000 transactions each month. It also offers valuable insights such as proprietary reviews and analysis, empowering users with comprehensive information. 

For more advanced features, users can choose the Premium plan that offers unlimited connectivity to various exchanges and wallets, eliminating any restrictions. With the Premium feature, users can monitor up to 100,000 monthly transactions. In addition to market insights, subscribers benefit from the assistance of personal account managers, who provide valuable guidance and support in managing their crypto portfolios. 

The platform also provides Android and iOS apps, ensuring accessibility via mobile devices. Users can track their crypto portfolio via just one tap on the go. 

Once users have successfully created an account and synchronised it with crypto wallets and exchanges, they can gain access to various tools. These include transaction analytics, facilitating detailed analysis of crypto transactions, fast trading capabilities, and instant notifications. Additionally, CoinStats keeps its users updated with the latest news, a valuable resource for traders seeking insights into market movements. 

Furthermore, the platform offers its crypto wallet, the CoinStats Wallets. This dedicated wallet enables users to leverage numerous decentralised finance (DeFi) features, including staking. 

## Exchange supported 

The platform offers support for a smaller range of crypto exchanges when compared to its competitors, such as [Blockfolio](https://www.cryptovantage.com/best-crypto-portfolio-trackers/blockfolio-review/). It currently supports Binance, Bitfinex, BitMax, BitMEX, [Bitso](/news/article/what-is-bitso), Bitstamp, Bittrex, CEX.io, Coinbase, FTX (with native support), Gemini, HitBTC, [Huobi](/news/article/huobi-global-explained), IDEX, Liquid, Kraken, Kucoin, and Poloniex. 

## Bottom line 

CoinStats has established a strong reputation within the Ethereum ecosystem, positioning itself as one of the top choices for[ crypto investors](/news/article/crypto-investing-for-beginners-uk) interested in ERC-20 tokens. 

The platform distinguishes itself by significantly emphasising the Ethereum ecosystem, unlike many competitors, who adopt a more generalised approach. 

It allows users to seamlessly integrate any Ethereum wallet into their account, enabling them to engage in trading or investment activities involving various ERC-20 tokens. 

Furthermore, it allows any crypto trading, specifically if it touches on Ethereum or Ethereum-based DApps. In addition, it provides market insights and analysis, allowing users to make better informed investment decisions within the crypto space. 

Coinstats logo on yellow image of person counting money

CoinStats - The Crypto Portfolio Tracker

If you are a US-based cryptocurrency enthusiast, Coinbase Card is right up your alley! Coinbase Card is a Visa debit card enabling you to earn cryptocurrency as cashback on everyday purchases. 

Anywhere that Visa debit cards are welcome, the card can be used at more than 40M merchants globally. 

The debit card comes with no hidden fees, unlimited crypto rewards on purchases you make (spend limits apply), robust security features, flexible crypto reward selections, and an easy setup process. 

## How to get a Coinbase Card 

To get a Coinbase [Visa debit crypto](/news/article/best-crypto-card-uk) card, you must create a Coinbase account. To begin, click on the Sign up to get started button. 
To create a Coinbase account, enter your full name and email address. 

- Create a strong password consisting of a minimum of eight characters. A combination of lowercase and uppercase letters, metacharacters, and numbers is recommended. 

- Tick the box certifying you are an adult and click the Create free account button. A pop-up will appear requesting you to verify your email address. 

- Check the mailbox of your registered email address, open the email in question, and click on the Verify Email Address button. You will then be asked whether you want personalised email updates about special offers, services, and products. Select Yes or No to proceed. 

At this stage, for additional account security, you will be requested to set up two-step verification. 

- After selecting the correct country code, enter your mobile phone number. Click the Send code button and enter the seven-digit verification number sent to your registered mobile number. 

Finally, you will be asked to verify your identity. 

- Enter your date of birth, full address, and Social Security Number (SSN). You will also be required to state why you want to use Coinbase, your source of funds, and your employment status. 

- Click on the Continue button to proceed. Coinbase will take a few moments to verify your details. 

Once you have successfully set up an account, you can apply for a [Coinbase Card.](https://www.coinbase.com/card) At the time of writing, [the Visa debit ](/news/article/wirex-card-review)card is ONLY available in the US. Unfortunately, residents of Hawaii cannot avail themselves of the card. The debit card is issued by Pathward and powered by Marqeta. 

## Coinbase Card features 

Here are the key Coinbase Card features: 

### Usability 

You can use your Coinbase Card anywhere a Visa debit card is accepted. If you opt for cryptocurrency (purchased or received as cashback) to purchase an item or for an ATM withdrawal, Coinbase will convert these crypto assets into US dollars (USD) automatically. 

### Fees 

There are no hidden fees: 

- Take advantage of no transaction fees or annual fees. 

- The cryptocurrency [exchange platform](/news/article/coinbase-review-uk) does charge a marginal spread in the price to purchase or sell crypto assets. 

- Your ATM operator may charge a convenience fee. 

For additional details, carefully read through your Coinbase [Cardholder Agreement](https://assets.ctfassets.net/c5bd0wqjc7v0/43p1S2DTcU8ilpbKqjl7NQ/1c7404deaba65209e773351a909bad60/Coinbase_MetaBank_Cardholder_Agreement_21Jan2022.pdf). 

## Earn crypto as cashback 
On every purchase you make, you can earn unlimited crypto. Of course, there are certain spending limits in place.  You can submit a request to Coinbase to increase your spending limits. 

## Robust security features 

As the sign-up section outlines, Coinbase offers [industry-leading security](/news/article/coinbase-vs-coinmama-which-is-better) features for peace of mind. These include two-step authentication (aka two-factor authentication), pin change, card freezing, etc. 

## Diverse crypto rewards 

You are not limited to one crypto cashback option. A list of cryptocurrency cashback options is available to choose from, and you can switch from one option to another at will. 

Some of these options include Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Dai (DAI), Stellar (XLM), Algorand (ALGO), Amp (AMP), and Rally (RLY). The amount of cashback rewards received varies from cryptocurrency to cryptocurrency. 

For example, you will receive a 1% BTC cashback upon selecting Bitcoin as your preferred choice and a 4% ALGO cashback upon choosing Algorand as your crypto reward selection. 

Of course, your cashback reward pool has the potential to further increase in value, depending on the rise in the price of select cryptocurrencies within your existing reward pool. 

## Easy setup 

As outlined earlier, the registration process is fairly easy. Once you have registered at Coinbase, setting up a Coinbase Card is simple. Link your bank account to fund your card without a credit check. Coinbase offers around-the-clock support via phone and email to address any queries you may have. 

## Tax implications 

If you spend in USD or USD Coin (USDC), there are no tax implications. However, if you spend any other cryptocurrency, it will be considered a taxable transaction. It is, therefore, necessary to report all such gains and losses. Contact a tax advisor for clarity. 

coinbase card on image of coinbase website

Why Coinbase Card is the only debit card you need 

Before we assess the best crypto wallets, we need to understand what we are talking about. 

A crypto wallet is a software application that stores private and public keys necessary for engaging with a [blockchain network](/news/article/blockchain-based-fireblocks-explained) and overseeing cryptocurrency. 

Its primary function is facilitating the sending, receiving, and storing of digital assets like Bitcoin, [Ethereum](https://ethereum.org/en/), and other cryptocurrencies. There are primarily two types of storage - hot and cold.

## Hot vs. cold wallets 

A hot [wallet](https://www.forbes.com/advisor/investing/cryptocurrency/best-crypto-wallets/) remains connected to the internet and is utilised for storing cryptocurrency or other digital assets that are actively traded or frequently accessed. 

It is designed with convenience and user-friendliness, enabling individuals to swiftly send and receive funds without undergoing an extensive process of transferring funds from cold storage. Conversely, a [cold wallet ](/news/article/best-cold-crypto-wallet-uk)is used for offline storage of cryptocurrencies. 

This approach aims to enhance security by minimizing the risks associated with hacking, malware, and other security threats inherent to internet connectivity. Cold wallets can be hardware devices like USB sticks, which employ non-electronic means to store private and public keys for your crypto assets. 

## Best crypto wallets - top 3 hot wallets 

### 1.    Coinbase Wallet 

It is capable of connecting to multiple decentralized exchanges (DEXes), including but not limited to [Uniswap](/news/article/uniswap-ledger-connect-guide) (UNI), Sushiswap (SUSHI), [1inch](/news/article/1inch-network-guide) (1INCH), TraderJoe, and various other platforms. 

It is compatible with Ledger, allowing users to utilise cold storage for added security. This wallet offers a wide range of coins that can be staked, providing opportunities for earning rewards. It supports NFTs based on both Ethereum and Polygon blockchains. 

However, the Coinbase Wallet does not provide the ability to recover stolen assets in case of loss or theft. Also, Bitcoin can only be accessed and managed through the Coinbase Wallet mobile application. 

### 2.    SafePal Crypto Wallet 

It seamlessly integrates with the company's hardware cold wallet, providing enhanced security. It is also integrated with [Binance](/news/article/binance-linked-to-bitzlato) DEX, offering convenient access to decentralised exchange functionalities. 

However, this option is not the most user-friendly for beginners due to its complexity. Furthermore, customer support services are limited in their availability and assistance. 

### 3.    Crypto.com Defi Wallet 

Crypto.com is a prominent cryptocurrency exchange. Its dedicated DeFi crypto storage service, the Crypto.com DeFi Wallet, specialises in storing crypto assets. Users can conveniently access the Crypto.com platform directly from their wallet to engage in crypto buying and selling activities. This wallet is specifically designed to store DeFi products and cryptocurrencies securely. 

Users can earn rebates on more than 25 tokens, adding potential benefits to their holdings. It is integrated with the Crypto.com exchange, further streamlining trading processes. Additionally, it offers storage solutions for non-fungible tokens (NFTs), expanding its functionality to cater to the growing NFT market. However, Ethereum staking is not currently supported by the Crypto.com DeFi Wallet. 

## Best crypto wallets - top 2 cold wallets 

### 1.    Trezor 

Trezor's notable feature is its compatibility with multiple exchanges, enabling users to conveniently manage their assets across various trading platforms. Additionally, its integration with Exodus enhances the user experience by providing seamless access to a user-friendly interface. However, it is important to consider that Trezor currently lacks support for Solana, Tron, and Polkadot cryptocurrencies. 

Furthermore, it's worth noting that 2019 security flaws were identified in Trezor, raising concerns about potential vulnerabilities. Despite this, Trezor remains popular among cryptocurrency enthusiasts for its robust security features and broad exchange compatibility. 

### 2.    Ledger 

Ledger offers a wide range of staking opportunities for various cryptocurrencies. Users can engage in staking activities with popular assets like Ethereum and Polygon (MATIC), as well as with lesser-known cryptocurrencies such as Ark (ARK) and Casper (CSPR). However, remember that Ledger experienced a significant hack in July 2020. 

It's important to be careful and take precautions to avoid losing your private keys. This will help you recover your cryptocurrency if your hardware device gets damaged or lost. 



Best crypto wallets to store your assets 

Let's look at the emerging importance of Ledger crypto wallets. 

Hardware wallets have existed since the early days of cryptocurrencies, but only a few crypto traders and enthusiasts have paid much attention to them. 

The tide has changed after hundreds of hacks and breaches of centralized crypto exchanges, followed by the damaging collapse of FTX, Celsius, and several other companies exposed to FTX. 

A 2023 market intelligence report by Zippia indicates that there are 45 million crypto users in the US and more than 420 million worldwide. But guess what? Ledger and Trezor, the two crypto hardware wallet companies with the largest market share, only have about 5 million users. This shows that only 1.2% of crypto users use a hardware wallet globally. 

This statistic shows that many crypto users are still not using hardware crypto wallets, pointing to a vast market opportunity to bridge this gap. No wonder the hardware crypto wallet market is expected to have a CAGR of 24.9% between 2022 and 2030. 

A [2022 article](https://cointelegraph.com/news/hardware-wallet-industry-to-outstrip-crypto-exchanges-report) on Cointelegraph indicated that the total revenue of crypto trading firms in 2021 totalled $330 million and would hit $675 million by 2028. This number represents a CAGR (compound annual growth rate) of 12.7%. 

However, the article indicates that this amount is about half of the global hardware wallet market, which hit $252 million in 2021 and would reach a whopping $1.1 billion by 2027. Clearly, with the FTX debacle and similar hits from the hundreds of centralized exchange breaches, crypto users were now taking the issue of using offline hardware wallets seriously. 

So what's the big deal about Ledger crypto wallet and other hardware wallets? Most of today's crypto market activity plays out on centralized exchanges. These are online marketplaces where crypto users and traders can assemble to buy, sell and exchange cryptocurrencies. 

Typically, crypto tokens pass through several stages, from creation to listing on a centralized exchange. They go through several presales and initial offerings as the developers and project owners seek to raise funds to expand their blockchain projects. 

Those who miss out on these primary avenues of buying into a crypto project would have to wait for a secondary listing to get their hands on the governance token or the coin powering the project. 

These secondary listings are done on exchanges owned or controlled by a single entity (Binance, Kucoin, Huobi, etc.). These exchanges allow the tokens global visibility and enable crypto enthusiasts who missed the presales to secure the tokens from other holders. 

As long as these tokens are warehoused in the wallets of centralized exchanges, they are vulnerable to all sorts of attacks aimed at stealing these coins. You must have heard the saying, "Not your keys, not your tokens". This means that as long as your tokens are in your exchange wallet, they are forever vulnerable. 

But the collapse of FTX has shown that hackers are not the only people that crypto traders with funds on exchanges should be worried about. In-house threats from incompetent teams with zero experience and no regard for internal controls, compliance, or segregation of clients' funds are an even more significant challenge. 

Self-custody with hardware wallets may come to the rescue, and one such wallet has been around since the early days. 

## About Ledger crypto wallet 

Ledger crypto wallet is produced by Ledger SAS, a company with headquarters in France but with several offices in the US. 

The firm was established in the same year the Mt.Gox exchange collapse occurred, 2014. Interest in the Ledger crypto wallets started to surge after the dramatic implosion of FTX and several of its subsidiaries in 2022. 

The following Ledger crypto wallets exist: 

- Ledger Nano S (debuted in 2016; now retired). 

- Ledger Nano X (debuted in 2019). 

- Ledger Nano S Plus (an upgraded version of Nano S; debuted in 2022). 

- Ledger Stax (yet to be released). 

The good thing about Ledger crypto wallets is that you can easily transfer your tokens for trading on a decentralized exchange. 

[Ledger wallets integrate easily with Uniswap](/news/article/uniswap-ledger-connect-guide), and you can easily connect both using the Uniswap Ledger connect browser extension. 

Ledger crypto wallet: Self-custody made easy 

If you're interested in trading crypto, you may have wondered how to invest in Bitcoin in the UK. 

Bitcoin is a decentralised digital currency functioning autonomously, free from the power of central authorities or government regulations. It operates using peer-to-peer software technology and relies on cryptographic principles. 

Being an open-source system, the coin is accessible to the general public. This inclusive nature allows anyone to engage in Bitcoin transactions. The distinctive features of Bitcoin offer unprecedented possibilities for various innovative applications that were not feasible with traditional payment systems. 

The coin has always been a volatile asset, rising and falling like tides, presenting opportunities to investors alongside heavy risk. However, BTC has been the investor's top choice in the investment portfolio. 

Buying Bitcoin has always been the best move when investing in the crypto industry. Below, in the article, we've explored how to invest in Bitcoin in the UK and where to store it. 

## How to invest in Bitcoin UK 

### 1.    Choose a crypto exchange 

To purchase and invest in Bitcoin (BTC), individuals must choose a crypto exchange, a platform where trades meet to exchange their pounds sterling for the digital coin. 

Crypto exchanges offer investors the opportunity to purchase, sell, and retain cryptocurrencies and facilitate the transfer of digital assets to secure wallets. 

While multiple exchanges exist, new investors should prioritise selecting an exchange that balances user-friendliness, low transaction fees, and robust security measures. Monitalks has conducted detailed research to help new investors choose [the best exchange](/news/article/best-crypto-exchange-uk-reddit) platform. 

### 2.    Link your payment method to the exchange platform 

After selecting an exchange, you must deposit funds into your account to initiate Bitcoin investments. The options for funding your account may vary depending on the exchange, including bank transfers from a current or savings account or using a cryptocurrency wallet. 

Considering that fees directly impact the amount of money available for investment and subsequently affect the potential for growth and compounding, it is generally advisable to opt for electronic transfers from a bank account over alternative methods. 

### 3.    Place your Bitcoin order 

Once you have successfully deposited funds into your account, you can initiate your first purchase of Bitcoin. The process varies depending on the platform. Some allow you to buy Bitcoin by simply tapping a button. In contrast, others may require you to enter Bitcoin's ticker symbol (BTC). Following that, you must specify the amount you wish to invest. 

Upon completing the transaction, you will become a partial owner of a Bitcoin. This is due to the significant initial investment required to purchase a complete Bitcoin. For example, if the Bitcoin price is £30,000, you would need to invest that amount in acquiring one Bitcoin. In the scenario where you invested a lesser amount, say £1,000, you would receive a proportionate percentage of a Bitcoin, which in this case would be 3.33%. 

## 4.    Store your coin in a Bitcoin wallet 

Cryptocurrency exchanges commonly offer integrated [Bitcoin wallets ](/news/article/top-rated-bitcoin-wallets-uk)or establish partnerships with trusted entities that provide secure storage for Bitcoin. However, some individuals may be concerned about leaving their digital assets connected to the internet, as it increases the risk of potential theft by hackers. 

To address such concerns, many reputable exchanges have implemented private insurance policies that offer compensation to clients in case of theft. Furthermore, these exchanges are increasingly adopting storing most customer funds in offline storage solutions known as 'cold storage,' which provides an additional layer of security. 

For those seeking the highest level of security, storing Bitcoin in a personal online or offline wallet is possible. Nevertheless, it is important to note that transferring crypto from an exchange to a personal wallet may incur a small withdrawal fee. Moreover, if a third-party crypto wallet custodian is utilised, losing the private key, which is the wallet password, may result in losing permanent access to the stored coins. 

## Hot wallets vs. cold wallets 

Hot wallets store personal and private keys online in a password-protected account, typically with a crypto exchange. Hackers target them to gain access to assets for trading. While hot [wallet](/news/article/best-crypto-wallet) providers have improved security measures, hackers pose a threat. 

Hot wallets offer convenience as they can be accessed from anywhere, and the provider can help restore access through identity verification if login details are forgotten. 

[Cold wallets](/news/article/cryptocurrency-hardware-wallet) are offline and disconnected from the internet, making them potentially more secure than hot wallets. They are like thumb drives that require a seed phrase, a randomly generated private key, to unlock the wallet, which is difficult to crack without prior knowledge. 

However, connecting a cold wallet to an internet-connected device eliminates the security advantage, exposing vulnerabilities to hackers. Also, if a user loses their private key, it becomes nearly impossible to recover the cold wallet. 

Lastly, cold wallets must be purchased, while hot wallets are often free. 

### Ledger Nano X 

[Ledger Nano X ](https://shop.ledger.com/products/ledger-nano-x)is the best cold Bitcoin wallet available in the market. It is a highly suitable choice for most investors due to its extensive support for over 5,000 coins and its ability to manage NFTs. Moreover, it includes an integrated exchange feature that enables secure cryptocurrency purchases using the wallet. This device can be efficiently operated on any 64-bit PC, iOS, or Android platform. 

The Ledger Live app, accompanying the Nano X, provides additional features such as payment options and DApps. Furthermore, it allows the seamless transfer of assets from multiple exchanges to the Nano X, offering enhanced convenience for asset management and trading while prioritising their safety. 

### Coinbase 

[Coinbase](https://www.coinbase.com/wallet)- the most chosen hot wallet, provides an exceptional user experience and caters to various user needs in the UK. It ensures accessibility and assists new users in navigating the crypto world. Cutting-edge security technologies protect virtual assets, and web and mobile wallets offer flexible access. The decentralised platform enables users to have complete control over their crypto assets. Features like staking, lending, and Yield Farming are also available. 

How to invest in Bitcoin in the UK? 

If you're new to crypto trading, chances are you've recognised the significance of a digital or blockchain wallet when it comes to storing, managing, and safeguarding your crypto assets. But what precisely is a wallet, and how does it ensure the security of your cryptocurrencies? 

Let's explore the core principles behind blockchain wallets, their functionality, and the various types of wallets accessible in the market. 

## Blockchain wallet explained 

A blockchain wallet serves as a digital vault for securely storing your cryptocurrencies and other digital assets. Since cryptocurrencies exist as unique forms of assets on the blockchain through cryptographic methods, they cannot be held in a conventional bank account. Hence the importance of blockchain storage becomes paramount, providing a platform for the safekeeping and trading of crypto. 

Unlike traditional wallets, crypto wallets do not store physical currency or rely on centralised institutions. Instead, they harness the power of distributed ledger technology (DLT), which establishes a decentralised system for recording all transactions across a network of computers in a secure and transparent manner. 

However, it's important to note that a wallet does not directly store cryptocurrencies. Rather, its purpose is to safeguard the private key associated with your crypto assets. This aspect often proves to be the most perplexing for beginners trying to grasp the concept of digital wallets. 

Now, let's delve into how these virtual wallets function and ensure the security of assets through private keys. 

## How does a blockchain wallet work? 

To understand how wallets function, it is essential to grasp the various components of storage involved. These components primarily include a public key and a private key. Think of the public key as analogous to your bank account number. Your blockchain wallet address is derived from this key, and you can freely share it with others to enable them to send cryptocurrency to your address. 

A public key or address's primary purpose is to indicate your assets' specific location on the blockchain ledger. 

Conversely, the private key is akin to the password for your account, comprising a 256-bit number consisting of 64 digits and alphabets. This key grants access to your assets on the blockchain. Given its significance, it is crucial to protect the private key diligently, as anyone who gains access to it could manipulate your crypto. 

Consequently, a [wallet](/news/article/best-crypto-wallet) secures your cryptocurrency by safeguarding the private key, which grants access to your assets. 

## The different types of blockchain wallets 

Blockchain wallets can mainly be categorised in two ways; the first is based on their warmness, and the second one is their custody. Now, let’s find out what the warmth and custody of crypto storage refer to.   

###  1. Warmness: Hot vs. cold wallets 

The warmness of a crypto wallet refers to the ratio between the convenience and security of a wallet. The main feature that decides convenience and level of security is the availability of the internet. Based on this, crypto storage is divided into hot and cold.  

When cryptocurrency storage is always connected to the internet, it will be referred to as a hot or software wallet. These wallets make trading cryptocurrencies easy, as you can access your assets from anywhere. Some examples of hot wallets include [MetaMask,](https://metamask.io/) [Trust](https://trustwallet.com/), and [Coinbase Wallet](https://play.google.com/store/apps/details?id=org.toshi&hl=en&gl=US&pli=1).  

In comparison, there are cold wallets, which are hardware storage devices for keeping digital wallets. These devices can work offline, which makes them less vulnerable to cyberattacks. Some of [the best cold crypto wallet options](/news/article/best-cold-crypto-wallet-uk) include [Ledger Nano X](https://shop.ledger.com/products/ledger-nano-x), [Trezor Model T](https://trezor.io/trezor-model-t), and [Safepal 1](https://www.safepal.com/en/).  

### 2. Custody: Custodial vs. non-custodial wallets 

The second categorisation of cryptocurrency storage is based on custody. The custody of cryptocurrencies refers to the actual ownership and control over the assets. Typically they fall into two types that are; custodial and non-custodial wallets.  

A custodial wallet is usually offered by the cryptocurrency exchange or brokerage itself. These wallets are simple to use and let you start with crypto trading easily. However, the control and custody of your assets remain with the provider. 

On the other hand, there are non-custodial wallets that enable greater control over your assets. You are responsible for protecting the private key and can trade your assets anytime. For an example of the differences between custodial and non-custodial wallets, [compare the Coinbase.com storage with the Coinbase Wallet](https://help.coinbase.com/en/wallet/getting-started/what-s-the-difference-between-coinbase-com-and-wallet). 

## Is a blockchain wallet safe? 

A blockchain wallet is widely regarded as a secure method for storing and managing digital assets. DLT introduces a range of security measures that inherently safeguard against tampering and fraud. However, it's crucial to acknowledge that different digital wallets provide differing levels of security and convenience. Consequently, selecting a wallet option that meets your specific requirements is vital. 

To ensure optimal security, it is recommended to consider the "hotness" or "coldness" of the storage. Incorporating both types of wallets into your strategy allows you to maintain security while keeping up with your daily trades. Additionally, implementing security measures such as setting up two-factor authentication (2FA), exercising caution with unknown sources, regularly backing up your wallet, and updating the wallet software can significantly enhance security. 

By adhering to these practices, you can further bolster the security of your digital assets and fortify your overall wallet protection.  

blue image of person opening a blockchain wallet

What’s a blockchain wallet, and how does it work? 

Exodus is a free-to-use [crypto wallet ](/news/article/best-crypto-wallet)that stores digital assets, including non-fungible tokens (NFTs). It also provides cold wallet compatibility in collaboration with the Trezor One and Trezor Model T. Exodus Wallet has an in-built exchange allowing for easy buying and selling of crypto assets. 

## What is Exodus Wallet? 

Exodus Wallet is a multi-cryptocurrency wallet that allows you to store, send, receive, and trade more than [300 digital assets](https://www.exodus.com/status/#assets). It is available to download as a desktop and mobile app. 

The wallet supports Bitcoin (BTC), the pioneer cryptocurrency, and a wide range of altcoins, including Ethereum (ETH), Polygon (MATIC), and Polkadot (DOT), as well as stablecoins like Tether USD (USDT), USD  Coin (USDC), and Dai (DAI), among others. 

Exodus Wallet allows users to exchange cryptos without the need for registration. However, it is important to note that Exodus is a light wallet that employs Simplified Payment Verification, meaning it does not download complete blockchains. 

Instead, it uses a stream of servers to track balances in the wallets, which ensures speedy information retrieval. 

## Features of Exodus crypto wallet 

Exodus crypto wallet has features that make it suitable for professional users as well as beginners. Here is what the wallet has to offer: 

- Portfolio Tracker: This is Exodus' most striking feature, both on desktop and mobile apps. When you log in, you see information summarising the performance of your assets displayed on the home tab. It also displays and updates the balance of cryptocurrencies in real time. 

- In-built Exchange: Another feature of the multichain wallet is the provision of an in-app exchange that allows users to buy one digital asset with another. 

- Staking and Compound: Exodus has DeFi features that allow holders of Solana (SOL), Cardano (ADA), Tezos (XTZ), VeChain (VET), and other Proof-of-Stake (PoS) altcoins to stake them for crypto rewards. Also integrated within Exodus is the DeFi protocol Compound Finance, which allows for lending and mobile liquidity. 

- Beautiful Software: One of Exodus's unique elements is its beautiful application software. Its aesthetically pleasing layout allows users to easily swap tokens with just one click. The app does a good job of visualising a user's crypto assets, and the user interface makes navigation easy. 

- Security and Privacy: Exodus does not hold information on users’ assets. This is because all private keys and transaction data are stored on a user’s device. This ensures robust security and privacy. 

![Exodus wallet website ui](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_06_07_at_15_59_04_bdecf1fba2.png)

## How to use Exodus Wallet 

- The Exodus Wallet desktop installation is similar to the app on iOS and Android devices. Here's how to set up your account on your desktop. 

- Download the app from the official Exodus website, available for Mac, Linux, and Windows. 

- Use the drop-down arrow to find and select the right type of installation file for your operating system. 

After successful installation of the Exodus Wallet, the following will pop up on your desktop. 

![Welcome screen on exodus wallet website](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_06_07_at_15_59_12_41d4699302.png)

- You will then be required to secure your wallet (note that this is not part of the installation process). To secure your wallet, click the gear icon to access settings. 

- Next, click on either the backup or security tab to start setting up your password. Note that using a strong password better protects your account. More importantly, you need to keep this password safe. Don't lose or forget it, as it will be needed to access your Exodus account in the future. 

- You will need to unveil your 12-word secret phrase. You can achieve this by hovering your mouse over the numbers to reveal each phrase. It should be kept safe as you will need it to access the wallet if you ever lose access or have to reinstall the program. 

-Next, verify your recovery phrase. The Exodus app will randomly give you a number to match with the specific phrase. Click "confirm". 

- Your wallet is now set up and ready to use. You can now receive, store, or send cryptocurrencies. 

## Conclusion 

Exodus Wallet is among the best [crypto wallets](/news/article/crypto-wallet-multiple-currencies) on the market, appropriate for beginners. Its aesthetically appealing easy-to-use UI makes it a good choice for users. 

The simple display allows users to view their crypto balances and ability to buy, sell and send digital currencies and swap them with ease without the need for lengthy procedures, as is common with other wallets. 





Exodus wallet logo on blue background image of woman trading on ipad

What is Exodus Wallet? A user's guide 

A [crypto wallet](/news/article/crypto-wallet-multiple-currencies) is among the first things a crypto investor needs to set up in order to invest in cryptocurrencies. There is much information out there, so many investors are left unsure which digital asset wallet to use. Trust Wallet is an excellent choice if you are looking for a secure and intuitive all-in-one experience. 

This article reviews one of the best crypto wallets currently available. 

## What is Trust Wallet 

Trust Wallet is a decentralised mobile-based multi-cryptocurrency wallet that offers self-custodial services for digital currencies and non-fungible tokens (NFTs). 

The wallet supports [more than 4.5 million assets](https://trustwallet.com/assets) across 70+ blockchains and allows users to earn interest by staking their crypto. 

Launched as a mobile wallet in 2017, it originally supported Ethereum-based ERC-20 and ERC-223 tokens. It was designed to address the needs of mobile-first crypto adopters, allowing them to access and safely interact with decentralised applications (DApps) across supported blockchains. 

The wallet enables users to buy, store, receive, send, stake, and trade cryptocurrencies, as well as managing their NFT collection, in a single app. 

It also has an in-built Web3 browser through which users can buy cryptocurrencies using the native decentralised exchange (DEX) on the Kyber Network. 

It is a hot wallet, meaning it is only accessible when there is internet connection. This is opposed to a cold wallet that can be accessed offline and is only connected to the internet when needed. 

## Key features of Trust Wallet 

The wallet offers users the following features: 

- Multi-cryptocurrency support: Unlike most centralised wallets that support a particular type of assets, Trust Wallet supports multiple cryptos. 

- NFT support: It also supports NFTs, allowing users to buy, sell, store, and trade their digital art collectibles. It supports BEP-721 and BEP-1155 NFTs on the Binance Smart Chain (BSC) in addition to ERC-721 and ERC-1155 NFTs on Ethereum. 

- Allows staking: The wallet enables users to stake several leading digital assets and earn rewards. The digital wallet currently supports Binance Coin (BNB), Cosmos (ATOM), Kava (KAVA), VeChain (VET), and Algorand (ALGO), among others. 

- Easy inter-wallet and inter-blockchain transfers: Users can easily move assets from other wallets across different blockchains to their Trust Wallet using private keys, a secret recovery phrase or a keystore file. 

- Security and privacy features: The mobile wallet uses industry-leading security measures, such as pin code or fingerprint scanners, to ensure the safety of user funds. It also conducts regular audits through Stateful, a leading security firm. 

## How Trust Wallet works 

The mobile wallet acts as a link between blockchains and their associated nodes. Note that every blockchain has a unique set of public addresses, where digital assets are encoded and secured. 

The wallet does not hold or control users’ assets because it is decentralised and non-custodial. It operates entirely on mobile devices, granting users ready access to every blockchain the app supports. 

To ensure privacy, Trust Wallet claims it does not store user information or share it with third parties. All contact information is accessible to transacting parties. 

![screenshot of trustwallet website](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_06_07_at_12_12_02_c3dc9ebdb8.png)

It has an in-built DApp browser that provides access to BSC-based and Ethereum-based applications. Users can use these DApps directly using the app without registering for each DApp. Supported DApps include OpenSea, Uniswap, and PancakeSwap. 

## How to get started with Trust Wallet 

Trust Wallet is easy to use and available for Android and iOS users. It can also be installed across multiple phones or tablets. Here are three basic steps for setting up your wallet. 

### Step1: Download and install the wallet 

The app is available from sources including Google Play and Apple App stores, or through the [Trust Wallet website](https://trustwallet.com/download). Always ensure that you are downloading the official app to ensure the safety of your funds. 

![screenshot of Trust app on app store 2023](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_06_07_at_12_12_16_f0ee8ba5bd.png)

### Step 2: Create an account 

After installing the app, select “Create New Wallet” and confirm if you are in agreement with the Terms of Service and Privacy Policy to set up an account. 

Next, create a six-digit password – this serves as your secret security code for accessing the wallet. Keep this code in a secure place and never share it with anyone else. 

![screenshot of wallet screen ](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_06_07_at_12_12_38_4439282722.png)

Next, you are required to back up your wallet using a 12-word secret phrase that you need to note down and keep it safe. You must then enter the 12-word secret phrase in the correct order. Your wallet is ready to use! 

### Step 3: Fund your account 

To do this, select a crypto from the Buy Menu on the main wallet screen. This will connect you to a third-party provider. Verify the transaction fees and tap "Confirm". Wait for funds to appear in the wallet. 

## Conclusion 

One of the biggest challenges of crypto adoption is the complexity of dealing with wallets, smart contracts, and DApps for first-time users. 

Trust Wallet provides a simple way to access, manage and interact with crypto assets making it enjoyable for new and old users. 


blue image of trust lock with tech overlay

Trust Wallet – The ultimate user guide 

Those pushing for better Crypto.com card alternatives have their reasons. These mostly focus on the costs of using existing options and the emerging lack of convenience with existing card options. 

Crypto.com issues the Crypto.com card to a section of its users. The card is meant to be an easier way to access crypto assets and spend these on merchant websites and other point-of-sales terminals that accept compatible cryptocurrencies. This card is part of an emerging trend of cards issued by exchanges to enable users to gain e-commerce capabilities with their crypto assets. 

One of the main issues confronting crypto users is the problem of convertibility between fiat cash and cryptos. Many banks and regulators across the world frown at fiat-crypto transactions. 

So, even if a crypto trader makes money via trading or investing in cryptos, there are few channels for converting these crypto funds to fiat cash for offline use. 

Furthermore, the channels are getting fewer and more banks that had pre-existing relationships with centralized crypto exchanges are cutting them, narrowing the options even further. Issuing a prepaid debit card to enable exchange users to convert their crypto funds to fiat funds in card format is a handy solution to the problem. 
[The Crypto.com card ](https://www.forbes.com/advisor/credit-cards/reviews/crypto-com-rewards-visa/#:~:text=The%20Crypto.com%20Visa%20Card*%E2%80%8B%E2%80%8B%20allows%20cardmembers%20to,actually%20a%20series%20of%20cards.)was meant to be the solution to allow holders to use their crypto funds as though they were using cash. 

Cardholders also get other perks, such as cashback at specific retail shops, airport lounge access, free ATM withdrawals, and cashback when used with the Dosh app. However, there are some other requirements that Crypto.com cardholders must fulfill to enjoy some of these perks and, in some cases, even to qualify to keep using the card. 

Some users have found some of these requirements unbearable and are now searching for viable Crypto.com card alternatives. 

## What is driving the search for Crypto.com card alternatives? 

One of the perks users of the higher-tier versions of the card enjoyed was that they would get reimbursement of up to 100% monthly on Amazon Prime, Spotify, and Netflix subscriptions. This has been stopped. 

In addition, top-up fees (fees charged for loading the card with crypto funds) have increased in the last year. 

Getting the Crypto.com card requires the user to stake some amount of money in CRO tokens, the native token of the Crypto.com exchange. Since the staking is in the native CRO token, it is subject to price fluctuation risks as it is not a stablecoin. 

Following on from the last point, the price fluctuations of the crypto market in which the CRO token trades have proven to be a risk factor many card users cannot bear. 

If you have followed the market in the last two years, you will find that the value of the CRO token has dropped from just under $1 to a little above 6 cents. That's a massive 95% drop. 

If you had staked the minimum of €400 in CRO tokens as required, the value of your staked tokens would probably be less than €2.50. This considerable drop has proven to be a significant disincentive to new users. 

There is much talk about unresponsive customer support service, with users waiting long to respond to their questions and inquiries. This adds to the frustration many users are feeling. 

## What makes a crypto card a viable alternative? 

For cards to qualify as viable Crypto.com card alternatives, they should have the following characteristics: 

- It must have very low ATM withdrawal fees or even none at all. 

- It must boast similar perks to the card to be replaced or even better. Cashback on purchases appears to be the dominant value-added product on most crypto debit cards. 

- Ability to use both a physical and virtual card option. 

- Seamless integration to Apple Pay or Google Pay, the e-commerce payment portals of the dominant companies in the smartphone market, allows the user to make payments across thousands of compatible websites. 

- If it comes from an exchange that requires staking, the token to be staked should have some resilience against steep price depreciation. For instance, you should have the option to convert the crypto holdings on the card to an interest-earning stablecoin until such a time when the funds are to be used. 

- The staked amount, if any, should not be too high so as not to expose the user to extreme price fluctuation risks. 

- Any usage fees should be minimal and should ideally not exceed what is paid for regular fiat credit/debit card usage. 

- Any additional perks, such as using the funds in the card as collateral for taking crypto loans, would be an added advantage. 

- It would also help if the company issuing the crypto debit card had a customer support desk that responds promptly to client requests, even though delayed responses from customer support seems to be a common denominator across the crypto world. 

With these factors in view, here are a few potential candidates that can serve as Crypto.com card alternatives. 

## Some Crypto.com card alternatives 

Nexo card: The Nexo card supports at least 20 cryptocurrencies and provides 2% cashback on all card purchases. In addition, you can convert the funds on your card to a stablecoin and use the same as collateral to collect crypto loans from the Nexo exchange. Clients can access both the physical and virtual versions of the card, and both integrate with Google Pay and Apple Pay. Users do not pay any inactivity fees. 

Gemini card: The Gemini crypto card provides specific cashback on retail purchases, with 3% cashback on dining outings, 2% on groceries, and 1% on all other retail purchases. It is one of the few cards available to US citizens and residents. Cashback is given in BTC or Ethereum, with no exchange or foreign transaction fees. Support is provided for 40 cryptos, and all rewards are paid instantly. 

Ledger Wallet Card: [Ledger wallet crypto cards](/news/article/ledger-crypto-wallet) were launched in 2021. The card, named the Crypto Life (CL) card, is available to EU and US customers, and is linked to the user's Ledger wallets. 

## Conclusion 

Crypto.com card alternatives have emerged due to the desire for better cashback offers, lower fees, and other perks not found with the existing solution. 

However, challenges remain due to the stiff opposition from regulators on crypto-fiat exchange solutions, thus limiting the scope of usage and general accessibility of these cards. 

It is hoped that the passage of time will lead to changes in the crypto card industry that will widen the scope of access to this product. 

cryptocurrency cards in wallet with blue filter

The search for Crypto.com card alternatives 

With a global crypto market cap of $1.27T, according to [CoinMarketCap data](https://coinmarketcap.com/), it is imperative that we have reliable options to store our cryptocurrencies. Of the many hot and cold wallets on the market today, MetaMask is a popular option. What is MetaMask wallet? It is a leading Ethereum wallet that falls under the category of hot wallets. 

In essence, a hot wallet is a crypto wallet connected to the internet. [Cold wallets](/news/article/best-cold-crypto-wallet-uk), on the other hand, operate primarily offline and serve as 'cold storage'. Numerous types of wallets fall under these two categories. MetaMask is classified as a web wallet (aka a software wallet).    

## What is MetaMask wallet and why is it popular? 

Despite its popularity, many still ask, 'What is MetaMask wallet?'. MetaMask boasts an intuitive, elegant design and an easy-to-use interface. 

The [cryptocurrency wallet enables users to store](/news/article/best-crypto-wallet-uk-top-picks) Ethereum (ETH) and other ERC20 tokens and serves as an easy access point to the Web3 ecosystem of cryptocurrencies and decentralised applications (DApps), as well as decentralised finance (DeFi), and non-fungible tokens (NFTs). 

Essentially, the web wallet is a browser plugin – all you need is Google Chrome, Mozilla Firefox, Microsoft Edge, Opera, or a Chromium-based browser like Brave to get started. You can also download the wallet as a software wallet on your Android or [iOS](/news/article/tony-fadell-launches-crypto-wallet) device. Install the browser plugin and set up your wallet in just a few minutes. 

![metamask browser install](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_04_at_12_38_21_5a6c0ad181.png)

Please note: ONLY install the [official MetaMask plugin](https://metamask.io/download/) (aka extension or add-on) for your designated browser. 

Once you have [installed and set up MetaMask](/news/article/what-is-metamask), you can store ETH and ERC20 assets, transact with any ETH address, interact with Ethereum-based DApps, participate in play-to-earn (P2E) games, stake tokens for rewards, and trade tokens on decentralised exchanges (DEXs), and access DeFi apps like Compound and PoolTogether. 

Now that we have answered what is MetaMask wallet let's explore the setup process. 

## How to set up a MetaMask wallet 

Depending on your internet speed, it typically takes a minute to download the plugin. Once you have downloaded the plugin, a new tab will automatically open on your browser, directing you through the wallet setup procedure. 

![metamask logo](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_04_at_12_38_29_3b3000f014.png)

Click "Create a New Wallet" to begin. A set of terms and conditions will appear on your screen. Read through each to understand how the data they collect will be used to enhance your user experience. Click on the I Agree option when you are ready to continue/consent to the terms and conditions. 

Alternatively, you can click the No Thanks option and search for a cryptocurrency wallet that better meets your privacy concerns. We urge you to read the Privacy Policy as well, ensuring your decision to set up a MetaMask wallet is an informed one! 

![meamask website screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_04_at_12_38_43_954e9aaaef.png)

At this stage, you will be asked to create a secure password. You should note that the service provider CANNOT recover this password for you, so scribble it down somewhere or memorise it thoroughly! The password serves as a means to unlock your wallet on that device. 

Create an eight-character password (minimum length) consisting of at least one lowercase and uppercase letter, metacharacters, and numbers. Re-enter your password, tick the I Understand that MetaMask Cannot Recover this Password for Me box, and click the Create a New Wallet option to continue. 

As you can see below, there are only two more steps left to complete. 

![create password screen](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_04_at_12_38_53_383676c673.png)

The Secure Wallet step is of utmost importance. We recommend watching the short video to understand the significance of your Secret Recovery Phrase and how you can do your bit to keep your MetaMask wallet safe. Essentially, the 12-word Secret Recovery Phrase is your master key to access your wallet and all its funds. 

For safekeeping, note down the Secret Recovery Phrase and store it in a safe deposit box. We recommend keeping multiple, concealed copies of the Secret Recovery Phrase to be on the safer side. Remember, DO NOT share your Secret Recovery Phrase with anyone. This includes family and friends. 

Click on the [Secure My Wallet](/news/article/crypto-wallet-multiple-currencies) (Recommended) option to continue. 

![metamask secure your wallet page](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_04_at_12_39_01_85d2ca294f.png)

Click on the Reveal Secret Recovery Phrase option and consider the above suggestions. Make sure no one is looking. 

![recovery phrase screen ui metamask](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_04_at_12_39_10_4cf88259dd.png)

Once you have noted your Secret Recovery Phrase, click the Next option to continue. 

At this stage, you will be asked to confirm your Secret Recovery Phrase. You need to fill in the blanks with the Secret Recovery Phrase words in the correct order. Upon confirmation, a message will appear on your screen affirming successful creation. 

![metamask wallet creation screen website ui](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_04_at_12_39_17_4f51f1c6f3.png)

To continue to the MetaMask homepage, click the Got It! button. First, we recommend pinning the MetaMask browser extension. This will make it easily accessible and transaction confirmation will be more straightforward. Click on the extensions icon to the right of the URL bar and pin the MetaMask plugin to your browser. 

You are now all set to go. Click on the plugin extension to commence proceedings! 

## How to use MetaMask wallet 

At this stage, you are connected to Ethereum Mainnet and can buy, send, swap, and bridge assets and NFTs. To change/add a network, click on the Ethereum Mainnet option and add the network of your choice. At the time of writing, ten options are available. 

![Account1 screen metamask wallet ui](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_04_at_12_39_32_3b54b9a66b.png)

These include Arbitrum One, Avalanche Network C-Chain, BNB Smart Chain, Fantom Opera, Optimism, and Polygon Mainnet. 

To unravel all possibilities, explore MetaMask in detail. It is worth adding that you can connect your wallet to a cold storage option such as Ledger or Trezor! If any queries arise, feel free to reach out to [MetaMask Support.](https://support.metamask.io/hc/en-us) 

What is MetaMask wallet? The top Ethereum wallet explored 

[Bitkeep](https://bitkeep.com/en/index) is a decentralised wallet that offers safety and transparency, ensuring that your data and assets are always under your control. 

With support for more than 90 blockchain networks, you can explore a variety of NFTs, DeFi protocols, and DAOs. The platform enables efficient cross-chain trading, making hot NFTs and tokens easily accessible. You can access more than 20,000 DApps across multiple networks through their Web3 DApp browser. 

This company has been in safe operation for more than five years now and boasts a user base of more than 8,000,000 users globally. The platform supports over 255,400 tokens and over 220,000 NFTs. With its vast array of available tokens and NFTs, BitKeep provides its users with numerous opportunities to invest in their preferred digital assets. 

The wallet provides users with a multichain solution, allowing them to manage their crypto portfolios across more than 90 blockchain networks. This is done by importing existing wallets or creating new ones within the app. To ensure the safety and security of users' crypto assets, they employ a unique Double Encryption Storage Mechanism (DESM). Even if a user's device is lost or stolen, their assets remain secure and protected. 

## BitKeep offers comprehensive crypto solutions 

With BitKeep Swap, users can benefit from a comprehensive DEX market with optimised cross-chain transactions and liquidity aggregated from multiple DEXs and bridges. 

The platform also offers an [NFT](/news/article/nft-tax-uk-rules-explored) market with a search function, allowing users to invest in NFTs using any token easily. Additionally, its DApp store provides a Web3 browser that lets users securely access the latest DeFi, trading, social, and gaming DApps across multiple mainnets. Users can also favourite their most frequently used DApps for quick and easy access. 

This wallet has gained immense popularity among crypto enthusiasts, with almost 8 million users across 168 countries. It has established ecosystem partnerships and [strategic alliances](https://www.crunchbase.com/organization/bitkeep) with the top 30 public chains such as Polygon, [Solana](/news/article/solana-doodle-apes-explained), BSC, ETH, HECO, OEC, TRON, Fantom, Wax, IOST, AVAX, zkSync, Terra Luna, Near, Arbitrum, among others. These partnerships have made it an officially recommended wallet for them. 

With support for more than 80 main chains, 20,000+ DApps, and 245,400+ crypto assets, it aims to offer its users the most convenient and user-friendly decentralised portal. 

## BitKeep Secure Asset Fund 

To provide added security for user accounts and promote the growth of the [blockchain](/news/article/what-is-blockchain) ecosystem, BitKeep has established this fund. 

With an initial seed fund of $1,000,000, BitKeep plans to allocate 10% of its monthly Swap revenue to the fund. Additionally, they will invest in security technology annually to protect accounts from being hacked. The seed fund is stored in blockchain addresses to ensure transparency and accountability. 

To ensure transparency, wallet addresses have been made public for the fund. Over 50% of the fund is held in stablecoins, which helps minimise the impact of token price fluctuations. Furthermore, the fund is continually being funded to ensure the safety of assets. 

bitkeep logo on blue image of man using computer

BitKeep Crypto Wallet for Multichain Management

[BlueWallet](https://bluewallet.io/) is a non-custodial mobile Bitcoin wallet that allows users to do more than send, receive, and store Bitcoin (BTC). It is highly secure, feature-rich, and compatible with the Lightning network. It is designed to be simple yet extremely powerful. 

BlueWallet Pros and Cons 

## Pros 

- Plenty of usability features. 

- Compatible with the Lightning network. 

- Simple user interface. 

Available on desktop and mobile. 

## Cons 

- Only supports BTC. 

- Not enough guidance and educational materials. 

## BlueWallet Features 

BlueWallet has lots of usability [features](https://bluewallet.io/features/). They include; 

- Multiple wallets: The feature allows you to import compatible wallets from other BTC platforms like Bread and Electrum and manage them on the app. 

- Watch-only: It allows you to import your offline wallets' public addresses without going offline. It enables you to connect your hardware wallet and manage your cold storage. 

- MultiSig vault: It adds an extra layer of security to every transaction made. It works like two-factor authentication, requiring two or more private keys to confirm transactions. 

- Lightning wallet: The feature allows you to use the Lightning network without opening channels, being online, or operating and maintaining a node. You will, however, need to create a Lightning wallet. 

- Fees and transactions control: It allows you to set the fees you wish to pay for transactions. However, the lower the transaction fee, the longer it will take for transactions to be verified. 

- Plausible deniability: It allows you to define a different password that will decrypt a "fake" wallet setup. 

Other features include coin control, Payjoin, offline mode, custom entropy, Coldcard support, Cobovault support, hardware wallets support, PSBT (Partially Signed Bitcoin Transactions) support, broadcast transactions, notifications, Segwit support, batch transactions, multiple storages, and so much more. 

## Supported currencies 

BlueWallet only supports [Bitcoin](/coins/btc). However, it allows users to display the value of their BTC holdings in more than 30 fiat currencies, including EUR, AUD, USD, CAD, JPY, CHF, GDP, BRL, CZK, CNY, HRK, MYR, INR, MXN, and RUB. Blue has integrated MoonPay, which lets you easily buy BTC within it. 

## Accessibility 

BlueWallet is available in almost every country. It has desktop and app versions that can be downloaded on iOS and Android devices (as long as the app store permits it). 

It is available in more than 30 languages, including English, Spanish, French, Chinese, Japanese, Russian, Italian, Indonesian, Swedish, Norwegian, Danish, and Turkish. 

## Is it safe to use? 

BlueWallet is safe to use. It uses a 24-word mnemonic recovery seed to recover funds in case you lose your phone or forget your PIN. As a user, you can activate biometrics to unlock, delete, and sign a transaction. 

Wallets can also be encrypted with an additional password if you wish to add another layer of security. A further security feature is an option to set up decoy wallets in case you are forced to unlock your wallets. A decoy wallet may only be activated if a user has the encryption password set up. 

## Conclusion 

There are many reasons BlueWallet is considered by many as the best Bitcoin wallet. It is not only highly secure and feature-rich, but also very easy to use. Despite the fact that it is a BTC-only crypto wallet with little education materials, it is a great wallet to use for all your BTC business. 

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