These Are The Top 5 Alternatives to Trust Wallet
Most wallets make your coins work for you by staking assets with a flexible interest rate
Which is your prime concern while investing in cryptocurrencies? Safety and security are of prime importance when it comes to wallets in the crypto world, isn’t it? Though all crypto wallets may seem similar, user experiences differ, along with the fees chargeable.
Trust Wallet’s private access key which makes you the sole person with entry into your financial assets has made it one of the most secure crypto storage options in the market. Most wallets make your coins work for you by staking assets with a flexible interest rate. They also enable you to buy crypto easily so that your trade becomes an easy option.
Though Trust Wallet is one of the most secure crypto storage options, there are other wallets too that are equally efficient. Choosing the best wallet isn’t just about picking one that is the best. You need to find one that suits your needs. Let us take a look at five top alternatives to Trust Wallet.
Coinbase, owned ex-China and the brainchild of Brian Armstrong, is an all-in-one service tied closely with cryptocurrency exchange. It owns and operates both the crypto wallet and exchange, an integration that is highly recommended. Though it initially supported only Bitcoin, today it can be used with almost anything including Ethereum, Litecoin and Bitcoin Cash.
More currencies are expected in the near future. It is the simplicity of the interface that makes Coinbase attractive, especially for new users. But this simplified interface takes advantage of new comers with a somewhat higher fees.
MyEtherWallet is an open-source, client-side tool for interacting with the blockchain, and is one of the leading providers of Ethereum services. It equips users with easy-to-understand and accessible tools for their needs. It easily sends ETH or any ERC-20 Standard Token. In fact, many tokens are added as default. The wallet can be accessed via unencrypted private key, and transactions can be generated, signed and sent offline ensuring your private keys never touch an internet-connected device. It now comes in 18 languages thanks to the Ethereum community.
Exodus has billed itself as the un-nerdy public’s crypto wallet thus moving past the ‘secure’ label. A hybrid wallet, Exodus works as a desktop app and in mobile format, and with an intuitive design aims to simplify what many find to be a daunting topic. To give due credit, with a sleek look that seems more app-like than the stock market ticker design, it does stand out from other crypto wallets.
Exodus works with just the base system, a simple wallet which can then extend functionality through the use of apps. It is in reality a software platform and does not conduct any independent diligence of blockchain asset, digital currency, cryptocurrency or associated funds.
This is a leading multi-platform blockchain wallet, enabling users to create and manage multiple digital assets and send, receive and trade cryptocurrencies like Bitcoin, Ethereum, Litecoin and Dogecoin simply and securely. In addition, Jaxx Liberty users can manage their blockchain portfolio, track market price information, follow news, and trade or buy crypto assets – all from a single app. Sensitive information such as your backup phrase and private keys are stored only on your device. You are fully in control of your wallet and should never give out any of your security information.
Supporting over 300 cryptocurrencies, Atomic Wallet is universal, fully decentralised and a multi-currency app with a simple interface. Atomic works perfectly for any cryptocurrencies listed in the app and is designed to be the best option if you’re looking for Bitcoin, Ethereum, Ripple, Litecoin, EOS or Tron wallet. Your funds are safe with your private keys encrypted on your device.
None of your data gets stored, and there is also an instant exchange. A range of coins and tokens can be exchanged to any other just in one click. No external services are needed here. A multi-level loyalty program, based on the native Atomic Wallet Token makes it more popular.
We are used to saving our money or storing cash through a bank account, in a safe and in some cases, even under the bed. But in the crypto world, they are stored in wallets. You can keep things simple, have full control of your crypto and take extra precautions. The choice in deciding on the right wallet is yours.