With over 100 cryptocurrency wallets
available it’s getting harder to choose
the best one. I’m Nate Martin,
and in this video, we’re going to give you 99Bitcoins’
top 3 picks for the best cryptocurrency wallets
in our 2…minute…review. Choosing a secure, easy to use wallet is the first crucial step
to owning cryptocurrency. Beginners tend to keep their coins on the exchange
they bought them from, basically giving up control and trusting the exchange
to keep the coins safe for them.
A wallet that doesn’t allow you
complete control over your coins is known as a custodial wallet, but the recommended way
to store cryptocurrencies is to move your coins
off the exchange and on to a non-custodial wallet – A wallet that you
and only you can control. Our #1 pick
for the best beginner friendly, non custodial wallet is Exodus. Exodus is a free software wallet that can be installed
on your computer or mobile phone. It’s beautifully designed,
intuitive to use and it supports over 100
cryptocurrencies and tokens. Exodus allows you to trade coins
from within the wallet and earn interest
on your crypto holdings. It’s main disadvantage is that
it’s not open source, meaning it’s code
isn’t publicly visible and therefore doesn’t get reviewed
by community members to evaluate its quality. If you want to take security
up a notch you can use a hardware wallet – a physical device
that stores your coins offline in a secure manner away from most possible hacks
and theft attempts.
Our #1 pick
for the best hardware wallet is the Ledger Nano X. The Nano X is easy to use, supports over 1000 coins
and tokens and can be controlled
from your mobile phone as well as from your computer. On the downside, the Nano X’s isn’t
completely open source either, and it’s a bit pricey; but if you’re serious about security, the Nano X gives you the optimal mix
between security and usability. If you’re looking
for an affordable alternative to the Nano X
we would suggest the TREZOR One. At less than half the price
of the Nano X, the TREZOR One is a battle tested,
open source, intuitive hardware wallet
that supports a wide variety of coins. It’s main downside is that
it doesn’t support XMR, XRP or EOS. That’s our top 3 picks
for the best in cryptocurrency wallets. For more information
and detailed reviews about each wallet, check the links in the description
below this video. That’s it for today’s
two minute review. I’ll see you in a bit. If you've enjoyed this video,
leave us a thumbs up and make sure to subscribe
and click the notification bell so you don't miss a review,
news update or the clearest information about Bitcoin
and cryptocurrencies anywhere.
