Cryptocurrencies are unarguably highly prized digital assets. Not only because of their present value, but because of their potential future value.
Thousands of people are profiting daily from trading crypto and others have made millions from being early investors in Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). Those who didn’t catch the train ride early are waiting for a price decline in these tokens, just to acquire them. Investing in cryptocurrencies is fast becoming the new norm, as some people are now requesting that their salaries be paid in Bitcoin, so they can save, or own a portion of it.
Finding the perfect wallet to store your crypto tokens will give you the peace you need to carry on with your day-day life. It will also give you the confidence to keep investing for your future! In this article, we’ve listed some of the most secure and reliable crypto wallets for Android. Let’s jump in! 1. Coinbase Wallet
Coinbase wallet is a self-custodial wallet, which means you have complete control over your crypto. You also have your private keys and data. This wallet supports more than a hundred ERC-20 tokens and allows you to store NFTs.
Coinbase wallet is owned by Coinbase, a popular cryptocurrency exchange founded in 2012. The Coinbase wallet is a separate entity from the Coinbase exchange wallet. You do not need to be a Coinbase user to use this wallet.
What do We love about Coinbase Wallet?
Coinbase wallet is very easy-to-use and great for beginners new to the crypto markets. In addition to this, the wallet holds many features that crypto enthusiasts will find valuable. For instance, users can buy cryptocurrencies within their wallets using credit/debit cards. They can also swap, send, and receive cryptocurrencies in their wallets. Even earn interest on Hodling crypto!
Features Supports 100+ ERC-20 tokens
Buy and Store NFTs
Buy crypto with debit/credit cards
Buy, swap, send and receive cryptocurrencies
Earn interest on crypto – up to 12% APR
Access to a whole world of Decentralized applications (Dapps)
Supports Android devices
Security
Coinbase wallet uses industry-leading security options and encryption to keep users’ data and crypto safe.
What Makes Coinbase Wallet Unique From Others? Reputable Wallet
Buy crypto with debit/credit card
Supports NFTs (ERC721 tokens) Earn interest in your crypto Swap crypto tokens easily. Top-notch security Has Coinbase Wallet Been Hacked? No, but in 2021, Coinbase Exchange did suffer a cyber-attack where 6000 users’ accounts were hacked , leading to loss of funds. 2. Coinomi Coinomi is a trusted and secure multi-chain wallet used by millions of users worldwide. It supports 1700+ assets and true ownership of more than 125 blockchains.Coinomi was founded in 2014 and is one of the oldest multi-chain wallets available in the market. What do we love about Coinomi? Coinomi is one of the most reputable wallets for Androids systems. In addition to being a secure wallet, it is also packed with many features that make crypto trading convenient right from your wallet. With features like a built-in exchange, users can exchange 168 fiat currency representations along with hundreds of blockchain assets. Some other features include; Features Easy registration and anonymity – No KYC verification is needed Low fees for sending and receiving crypto Buy Crypto via Simplex Send, receive and store crypto Segwit support – Faster confirmation and lower fees for Bitcoin, Litecoin, and other coins Cold Staking – Earn rewards on crypto Supports NFTs and ERC721 tokens – store, access, and manage your collectibles Supports DeFi services Offers support in 25 languages including Russian, English, Chinese, and more Security Coinomi maintains a superb quality standard. Your private keys will never leave your device. They also use strong wallet encryption and cryptography to guarantee that your funds will remain safe under your ultimate control. What Makes Coinbase Wallet Unique From Others? Never been hacked Faster confirmation for Segwit enabled coins Supports Collectibles (ERC721 tokens) Blockchain-based ID No KYC verification needed – Perfect for those who want to transact anonymously. Crypto-enabled gift cards. Has Coinomi Been Hacked? Since its launch in 2014, Coinomi has never been hacked and no user has ever been lost. 3. Crypto.com DeFi Wallet Crypto.com DeFi Wallet is a non-custodial wallet, which means that you have full control of your private keys. You can send crypto to anyone at your preferred confirmation speed and network fee.Crypto.com was founded in 2016 and has grown to become one of the most reputable cryptocurrency exchanges. The company sponsors many mainstream sporting activities like UFC, Formula1, and most recently, […]
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