There are more than enough crypto wallets on the internet, and choosing one from the available ones could be tiring. However, it is essential to note that before choosing a crypto wallet, you must first understand the type of wallet. Once you can answer this appropriately, you can proceed to choose. If crypto recovery services are available peradventure, you lose your login details.

So, if you don’t know which to choose or find it somewhat challenging to make a decision, you should read this to the end. If you still have your assets on a crypto exchange platform, it means you still don’t understand the concept of portfolio diversification. You should understand that first, and then, you might have a clearer understanding of why you need to keep your assets in a cold wallet.

Here are some of the top crypto wallets you can use to store your assets in 2022:

Coinbase

If you are a beginner in the crypto community or have just started trading, you should consider coinbase. It’s highly secure and intuitive with a user-friendly UI. The coinbase wallet is backed up by a unique exchange platform, allowing the wallet the capacity to connect with banks seamlessly. Suppose there’s any reason you should pick coinbase as a beginner in the crypto world. In that case, it’s the fact that it’s easy to navigate, supports more than two hundred cryptocurrencies, is 2FA enabled, and has excellent recovery services courtesy of the coinbase exchange platform. It should, however, be noted that there’s a difference between the coinbase crypto trading platform and the coinbase wallet.

Electrum

This is one of the most popular crypto wallets in the crypto community. It’s regarded as the best bitcoin wallet because of its customizability and security. Electrum was founded in 2011, being one of the oldest crypto wallets to date. Its security attracts several crypto enthusiasts and investors because most crypto wallets lack what electrum has in terms of security. Users have the opportunity of adjusting transaction fees depending on the urgency of the transaction. So, the more the transaction fee, the faster the transaction execution. Electrum doesn’t suffer downtime thanks to its server configuration, and it’s as fast as it is easy to set up.

Mycelium

A mobile-compatible wallet is one you should prioritize over others, especially in this 21st century. Mycelium is regarded as one of the best mobile crypto wallets, majorly because of its focus on security and its transaction history information. It’s one of the few oldest crypto wallets, far back as 2008, which to date has remained mobile-only software with compatibility with both iOS and Android devices. The two significant highlights and core reasons you should consider mycelium are its transaction options and security. Having these features and having the wallet compatible with a mobile device is like moving with an entire desktop computer. It also offers offline transactions and has in-app educational materials and HD spending accounts.

Ledger Nano X

If you are looking for an offline crypto wallet, consider the Ledger Nano X wallet. It has a wide range of supported currencies, mobile-trading capacity, and top-notch security. It’s one of the few yet popular hardware wallets on the internet even presently. Before now, it sued to be Ledger Nano S, a highly secured cold wallet. However, it is now known as the Ledger Nano X with updates on the Nano S, allowing extra built-in battery, asset management capabilities, and even Bluetooth connectivity. It supports more than 1,500 coins and tokens, one of the largest crypto wallets to support that large amount of cryptocurrencies. It could last as long as 8 hours of battery life, making it one of the best offline wallets you can dream of in 2022.

Exodus

If you are the type that doesn’t believe in moving with PCs or mobile devices, Exodus wallet is your best shot at keeping your asset safe. It is a desktop wallet and has a remarkably high transaction speed. Not only this, it’s pretty easy to navigate as it has a user-friendly UI. The desktop wallet has its updates every fortnight. Although it has Android and iOS, which share compatibility with the Trezor wallet, the desktop app remains one of the best crypto wallets you should consider in 2022.

It is worth noting that before choosing a crypto wallet, ensure you are choosing one with crypto recovery services enabled because anything can go wrong at any point. The only means of guaranteeing your assets are safe is by having them backed up with the recovery services. Hence, you could lose your assets in no time.

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