Are you an Aussie looking for a wallet for your crypto assets? There are many options to choose from.
However when it comes to choosing a crypto wallet, there are critical factors to consider. The first thing is the security of the wallet, because you need a wallet that will keep your crypto portfolio secure.
Secondly and especially for a beginner, you need a wallet that is not just secure, but also easy to use. It’s hard enough to deal with crypto, you don’t want to deal with a wallet that is difficult to use.
Thirdly, you want a wallet that is versatile. By versatile, I mean one that supports assets from different blockchains, as well as web3 features such as NFT and staking. With these in mind, here are five of the best crypto wallets you can use in Australia.
Ledger Nano is a general name for hardware wallets created and sold by security company, Ledger. They provide the highest level of protection for your crypto assets, being cold wallets that are offline perpetually.
You only get to connect it to the internet to carry out a transaction. That way, your assets are safely stored offline, making it mush more difficult for fraudsters to get to it. Depending on the features you want, the wallets are slightly different.
However, all of them support thousands of crypto assets from multiple blockchains, and are used for staking as well. You can access the wallet through the Ledger Live app, or through bluetooth for mobile devices.
Binance exchange, known for the largest trading volume, also has a web3 mobile wallet. The wallet is easily accessible on mobile devices, whether they are Android or iOS. You can use it for many things, including the storage and swapping of crypto assets.
Being a web3 wallet, it also supports NFTs, making it possible to store them right there. There are hundreds of supported assets on the wallet, and you can swap them conveniently at low fees.
The wallet is designed with all kinds of users in mind, both beginners and experienced. Therefore it doesn’t matter your level of crypto knowledge, you can use it comfortably.
Trust Wallet is a crypto wallet owned by Binance. It is a web3 wallet with a difference, supporting millions of crypto assets from over 60 blockchains. The wallet also supports NFTs, allowing you to hold and trade NFTs within it.
Being a non-custodial wallet, Trust Wallet gives you full control over your crypto portfolio. This gives you added security for your portfolio. You can access the wallet on both Android and iOS devices.
The wallet also has support for hardware wallets like Ledger, making it possible to access your hardware wallets from it. You can also access the wallet as a browser extension from any top web browser such as Chrome, Brave, and Firefox.
You’ve probably heard of Coinbase, the regulated crypto exchange in Australia, but you haven’t heard of the Coinbase wallet. It is a wallet owned by Coinbase that is entirely different from the Coinbase exchange.
It is a non-custodial wallet, meaning you have full control over it. This gives you complete control over your crypto portfolio, making it a secure wallet option. Like the others on this list, the wallet also supports NFTs so that you can hold them right on it.
The wallet is available for both Android and iOS devices as well as browser extension.
Exodus is a popular web3 wallet for both mobile and desktop devices. It is available for Android and iOS as well as top operating systems such as Windows, MacOS, etc. the wallet supports assets from multiple blockchains, as well as NFTs.
You can use it to stake crypto assets and earn rewards without ever leaving the interface. Exodus is designed for anyone to be able to use, making it the wallet for everyone. It is also non-custodial, giving you full control over your assets.