1 Hardware wallets. They’re the most secure type of wallets and used mainly for long term storage of cryptocurrencies. In other words, when you’re not trading or have no intention of currently using your crypto, it is highly recommended that you store them in a hardware wallet. Below are the most popular and most recognized hardware wallets.
- Ledger Nano s. Supports all top cryptocurrencies (20+)
- Trezor one Supports all top cryptocurrencies and many others. That is 700+
- Keepkey Supports bitcoin, bitcoin cash,
bitciongold, litecoinDoge, Dash, ERC20
- Archos Safe-T Mini Supports bitcoin Bitcoin cash, Bitcoin gold, Litecoin, Dash,
ethereum, Ethereum classic, and ERC20
- Bitfi. Supports Bitcoin, Monero, Litecoin, Ethereum, NEO and Ethereum ERC-20
Coolwallet. A hardware wallet in the form of a credit card that supports BTC, ETH, XRP, LTC, ERC20 Bitlox
- Ledger Blur wallet. Supports all top cryptocurrencies
- Sugi wallet. Supports BTC, ETH, LTC, XRP, BCH, ERC20
- Digital bitbox: Supports BTC, ETH, ETC, and ERC20
2 Software wallets. All well-established cryptocurrencies have downloadable software wallets. That being said, below are the commonly used ones.
Metamask Supports Ether and ERC20.
Myetherwallet Supports Ether and ERC20
Electrum Suppports only bitcoin
3 Mobile wallets
Uphold digital money platform Supports BTC, LTC, ETH, BAT, BCH, DASH, BTG, XRP
Abra cryptocurrency app Supports most of the top performing cryptocurrencies
4 Hot or web wallets. These are the most insecure form of cryptocurrency wallets. Use them only when you want to trade or send crypto to someone. After trading, transfer your cryptocurrency back to your hardware wallet. Examples of web wallets: