There are many crypto wallets that can be used to store many crypto assets. However, which one you use depends on many factors. The first thing to consider is the kind of crypto assets you’re holding.
If you’re considering buying Bitcoin Cash, you should consider using the kind of wallet that is specifically suitable for holding the asset and other parts of your portfolio. There are many options available to choose from, but in this article, we’ll focus on the easiest to use.
We’ll also focus on the number of assets the wallet supports, and the number of platforms which the wallet supports. The following are the best wallets based on these factors.
Trust Wallet
Trust wallet is a leading crypto wallet used for holding millions of crypto assets. The wallet supports at least 60 blockchains, giving you several options to deal with. Trust wallet is equipped with several features that make it a complete web3 wallet.
The wallet is available as a mobile app for both Android and iOS devices, but it is also available as a browser extension. You can also use it to buy, sell, and trade non-fungible tokens (NFTs). You can use the wallet to swap with the hundreds of other coins and tokens supported by the wallet.
The wallet is non-custodial, which means you have full control over it with no external influence from the wallet team. You can also guard it using passwords and recover the wallet using a recovery key phrase.
Bitcoin.com
Bitcoin.com is a wallet for Bitcoin Cash, because it is named after the company that issues it. It is a multi-chain wallet that supports several other assets other than Bitcoin Cash. The wallet is very useful for connecting to and interacting with decentralized applications.
It also features a market tracker that enables you to access real-time market data that informs investment decisions. It also gives you access to news on the latest development in the market. Being a non-custodial wallet, you get to manage your own assets without any external influence.
The wallet is available as a mobile app for both Android and iOS users, allowing you to freely manage your portfolio on the go.
Exodus
Exodus is another non-custodial wallet that is ideal for holding Bitcoin Cash. It comes as a desktop software wallet and also as a mobile app for Android and iOS devices. You’ll find over 300 supported assets on this multi-chain wallet that you can use to swap with Bitcoin Cash.
Security features include a password, recovery seed phrase, and two-factor authentication. The wallet is designed for both newbies and pro investors to easily navigate without any issues. It also features an integrated exchange which allows you to easily trade assets.
There are also portfolio tracking features such as market charts that allow you to see how your assets are doing in real time. For those who are interested in NFTs, this wallet also supports buying, selling, trading and holding of NFTs.
Ledger
Ledger is a group of three wallets known as hardware wallets. Hardware wallets provide cold storage for crypto assets with offline storage. They are therefore known as high security wallets that offer superior protection to your portfolio.
All three wallets support thousands of coins and tokens across several blockchains, giving you many tokens to deal with. The wallets have also been improved to support NFTs for users who are interested in NFTs. being non-custodian, it gives users full control over their portfolios.
Binance Wallet
Binance exchange has a wallet that allows you to hold over 300 assets, including Bitcoin Cash. It is a mobile app wallet for both Android and iOS devices and can be installed from the phone’s app store.
Because it is directly connected to Binance exchange, it is a custodial wallet, which means you don’t have control of the private keys. While this can be a turn off for some users, it is a great start for beginners.
