The 8 Best Desktop Wallets
2022's Best Desktop Wallets
Trezor
Trezor is one of the leaders in the crypto wallet market. With an easy-to-use interface, their desktop wallets are among the best.
Due to Trezor's popularity and ease of use, many newbie traders choose it as their wallet. To maintain the security of the stored cryptocurrencies, the wallet is constantly updated. To prevent keylogging, the wallet also features a random PIN code generator.
Trezor supports all significant tokens except ERC20 tokens. Businesses like Fobes and Coindesk have endorsed the wallet, demonstrating its trustworthiness.
Ledger
Trezor and Ledger compete for the title of best crypto wallet maker. The user interface of the Ledger Live software application is streamlined, modern, and personalized.
In addition, this software provides a random PIN generator with an additional 24-word recovery phrase. It is extremely helpful when it comes to recovering a crypto wallet. This wallet allows you to trade and receive NFTs. The Ledger Live platform does not support polygons or Ethereum-based NFTs.
With Coinify and Wyre, Ledger Live users can buy bitcoin directly with credit or debit cards. Charges can sometimes exceed those of appropriate bitcoin marketplaces.
Atomic Wallet
Over 500 cryptocurrencies are supported by Atomic. One of its attractive features is 1% cashback on crypto purchases made with credit cards. Rewards can also be earned by staking crypto directly on the wallet. This feature currently supports only 13 cryptos. Make sure you have the coin you want before getting the wallet.
Atomic wallet's native BEP-20 token, AWC, currently trades for $0.417. There is a 20% cashback on AWC staking and a 1% cashback on token exchanges in the wallet for traders. There is no KYC, no accounts, and 24/7 live support.
Exodus
Exodus is one of the better choices for anyone just starting out in the crypto world. The wallet provides users with a clear portfolio and detailed charts for properties. In addition, the UI is easy to use and pleasing to the eye.
Exodus is unique in that it has an integrated exchange. Users can swap assets much more easily this way. FTX, Compound Finance, and Trezor have collaborated with the desktop wallet to provide some additional features.
The sports-betting sections of Exodus allow users to bet on their favorite teams. For new crypto enthusiasts, Exodus offers a fantastic self-help area and live chat features.
Guarda
Guarda is another excellent wallet for traders new to crypto. Its simplicity and ease of use make up for its lack of features. Users can purchase crypto with SEPA bank transfers or credit cards using the Guarda wallet.
There is a decent staking section here, and its website even shows your estimated benefits for staking. Guarda offers a fantastic crypto education section, a 24/7 live chat function, and the ability to trade tokens within the wallet.
Electrum Bitcoin wallet
A great wallet alternative, Electrum is one of the world's longest-running desktop wallets. To ensure the security of your bitcoins, this multi-sig wallet has a freezer capacity.
A user-friendly desktop wallet with excellent security options. Wallets can be combined with Ledger or Trezor to bolster their security and even implement two-factor authentication. Additionally, it is an open-source and complimentary software application.
Armory
A multi-signature wallet for bitcoin storage, Armory is a single property wallet. Furthermore, this wallet is complimentary, open-source, and uses cold storage technology. A watching-only wallet is used for wallet transactions, and personal keys are stored offline.
Traders trust this wallet because of its security. Wallet features are quite basic and the software interface is quite basic.
Coinomi
Many consider Coinomi to be the world's first desktop crypto wallet. The app was released in 2014 and has stood the test of time. Over 20 languages are supported by the wallet, which is available on Windows, Mac, and Linux.
This wallet offers quite a few impressive features. It supports cold staking, NFT assistance, and gift cards, as well as a built-in exchange. With its durability, the wallet has built a strong social network presence and provides 24/7 customer service.
How to select a desktop wallet?
A desktop wallet is a decision you should make after thorough research. Check whether a wallet has the following features if you are not sure what to look for,
Cryptocurrency assistance
Traders use different types of coins, and wallets support different cryptos. Check if the wallet you are considering supports the coins you are interested in.
Security features
You should also pay attention to security. 2FA and PIN recovery are two of the most fundamental security features to look for in a wallet. Consider freezer accessibility, random PIN generators, and multi-signature accessibility if security is your primary concern.
Client service
This is pretty obvious. Ensure that the wallet you picked has live chat assistance and other similar ways to connect to the support group.
Validating payments
There are two readily available options here. If you are a frequent daily trader, choose a wallet with basic payment confirmation. If you want advanced verification, go for a full node wallet.
Ease of use
It is also important to consider the effort required to use the wallet itself. A cluttered user interface makes it harder for traders to do what they need.
Accessibility of hardware wallet
Hardware wallets offer the highest level of security, despite their higher cost. To ensure the security of your crypto, choose a wallet with hardware wallet capabilities.
Conclusion
All your cryptocurrencies are stored in your crypto wallet. In order to keep your money safe, you naturally want the best options available.
Choose the wallet that seems best for you instead of picking one based on what someone else says. Pick the desktop wallet that matches you the most by comparing all the options available.
