While there are a lot of things that you need to keep in mind if you want to invest in crypto. One such thing detail is to decide the best option amongst the numerous types of crypto storage solutions that are available in order to store the cryptocurrency that you are either mining or buying.
A mobile wallet may be the easiest to use and convenient option to store your crypto. All that you have to do is download the application that suits you best and go through a very quick registration process before you can start using it.
Selection of the best mobile wallet should be based on criteria like safety level, available assets, reputation, and convenience.
You May Also Read: How To Secure Crypto Wallets?
Here are the 7 best mobile wallets for cryptocurrency, this new year.
Electrum Wallet is one of the best that there is as it provides a robust security system and a flawless reputation. It also has commendable speed and is convenient to use. While being considered the founding father of crypto wallets, Electrum wallet has mobile apps for most popular operating systems.
Coinbase wallet which is the official app of the leading US-based fiat-to-crypto exchange. Coinbase wallet is extremely easy to use and offers many powerful instruments for investors like multisig, time-delayed payments and so on.
It allows you to use an offline storage if large sums of money are involved and are one of the best cryptocurrency wallets out there which also boasts of the highest rating on Play Market with more than 140,000 reviews.
However, the app has garnered some criticism from some users who reported that the wallet may have been tracking its users’ spending habits.
Jaxx, available both for Android and iOS as well as a Google Chrome extension. The wallet was founded four years ago and was designed by one of Ethereum’s co-founders. Now, Jaxx supports almost 70 altcoins and has a very beginner-friendly interface.
There is a flat fee that is applied to every transaction which depends on the particular cryptocurrency but Jaxx doesn’t charge you anything since all transaction fees get deposited directly to the network.
However, have been some complaints about Jaxx’s security bugs.
4. Coinomi Wallet
Coinomi Wallet is one of the best choices for those users who want to store multiple coins at the same time. It support a whopping number of assets which amount to 110+ cryptocurrencies.
Founded in 2015, Coinmoni characterized by superb security, wallet encryption, and complete anonymity one-time backup. The app is free where you only pay to miners.
It also features its own exchange, but there were some negative reports related to this exchange.
You May Also Read: Top 10 Cryptocurrency Exchanges for 2019
Airbitz is the youngest wallet in this top ten, but it is already a contender to be named the best Bitcoin mobile wallet in 2017 and 2018. This app provides high-level security and a strong emphasis on privacy.
Only users can access their transaction which is not disclosed either to Airbitz or to a third party.
Like other other exchanges, doesn’t set any fees, you only get charged by the Bitcoin network.
Similar to Airbitz, GreenAddress is one of the best mobile Bitcoin wallets which cares about your privacy by making you the only private keys holder, enables 2FA and supports SPV validation. Moreover, it offers multisignature addressed as an additional security measure.
Infinito Wallet is a multi-asset solution which is available for numerous platform. It supports almost any altcoins that you can think of along with all the major cryptocurrencies while offering flexible storage mechanisms.
It is also characterized by a high level of security where the wallet doesn’t record any of your transaction data.
It also provides excellent customer support.
Now that you have a fair idea about which mobile wallet may be the best for you, who may also check out top 5 multi cryptocurrency wallets of 2019, in general. However that being said, it is important to note that investors who deal with huge amounts of cryptocurrency should ideally store it in hardware wallets, as they are more secure than mobile wallets and less prone to hacks or breaches.
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