JAKARTA The recent increase in Bitcoin prices has also raised concerns about cryptocurrency owners. Because phishing fraud attacks and crypto scamming on the internet are also increasing. Security is an important thing in storing crypto assets. Therefore, proper crypto wallets or wallets are needed to manage digital assets safely.
There are many choices of crypto wallets for the digital asset community, especially hodlers or long-term crypto investors. Well, here's a list of the best crypto wallet applications that can be the choice of crypto asset owners.
Metamask is one of the most popular wallets among crypto users around the world. Hodler can install Metamask browser extensions or download its app on mobile phones. Metamask's main features include support for EVM (Ethereum Virtual Machine) and non-EVM networks, user-friendly interfaces (interfaces). In addition, Metamask also supports various developer resources such as the ability to access decentralized applications (Dapp) as well as decentralized financial platforms (DeFi).
The advantage is user-friendly and fast interfaces in settings and support for various resources and developers. However, the weakness is the absence of a desktop application.
Trust Wallet is one of the most popular non-custodial wallets on the market, offering users full control over their assets and a number of features in one interface: staking, exchange, and the ability to explore popular dApps on various blockchains.
Trust Wallet's advantages include intuitive and easy-to-use interfaces as well as support for various crypto assets and blockchain networks. However, the drawback is the lack of certain security features such as two-factor authentication and multisig functionality.
Coinomi is known for its focus on privacy and security, making it one of the safest wallets in the market. This is an ideal choice for users seeking anonymity and simplicity.
The advantage is high security and support for many crypto assets, but the weakness is the absence of cold storage integration, fiat support, and not open-source.
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Exodus is a user-friendly and non-custodial-friendly crypto asset wallet available on desktop and mobile. This wallet is equipped with various features for DeFi fans, including support for more than 150 crypto assets. The advantage is user-friendly designs and doesn't require KYC, but the disadvantage is that the cost may be higher than most wallets.
Coinbase Wallet is a user-friendly non-custodial wallet that provides support for Avalanche and its ecosystem. It also supports NFT and dApps on various blockchain networks. The advantages are high security and user-friendly interfaces, but the shortfall is the highest cost on the market.
Avalanche Wallet is the official web wallet of the Avalanche network, offering support for interchain transfer, staking, and NFT storage. It's non-custodial and open-source, so you're responsible for your personal key. The advantage is user-friendly interfaces and support for staking and token exchanges. However, the drawback is not supporting other chains and has limited functions.
By considering the features, advantages, and drawbacks of each wallet above, users can make the right decisions according to their needs and preferences in managing their crypto assets on the Avalanche network.
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