Brazilians have done well in terms of crypto adoption. It is one of the top Latin American countries when it comes to crypto adoption and use.
This makes it highly likely that there are more people in Brazil looking to invest in cryptocurrencies and one of the biggest questions they have to answer is the question of which crypto wallet to use.
Now, there’s no one size fits all answer to this question, but there are definitely options you can consider.There are literally thousands of crypto wallets out there, but the choice of which one to use is one that must be taken seriously.
In this guide, we discuss some of the top options you should consider using. These wallets pass the test of simplicity, security, and versatility, which are top criteria to use when deciding on which wallet to use,
Trust Wallet
As the name suggests, Trust Wallet is a trusted crypto wallet in the industry. Many investors have come to trust the wallet because of what it has to offer, which is a lot. It is one of the few wallets that support literally over a million crypto assets.
If you have an eye on altcoin investing, this wallet will be perfect for you because you’ll have so many altcoin options you wouldn’t know what to do with them. The wallet is also non-custodial, which means you’ll be able to manage your own wallet thus ensuring highest security.
Trust Wallet is a web3 wallet, which means you can always use it to do web3 things such as buying and selling of non-fungible tokens (NFTs), connecting to decentralized exchanges, and support for hardware wallets.
Ledger Wallets
These are hardware wallets ideal for those who just wish to buy and hold crypto assets rather than actively trade them. If you fall into this category, then read on. The wallets provide cold storage for your crypto assets, which means you won’t have to worry about their security.
You’ll only need to connect your wallet online to carry out a transaction and then it goes back to being cold again. That way, scammers and thieves can hardly get to the wallet, and so your portfolio is safe.
There are three types of Ledger wallets namely Ledger Nano S Plus, Ledger Nano X, and Ledger Stax which is under development. You can use the wallets to buy and hold NFTs as well, with over 5,000 crypto assets supported.
Coinbase Wallet
This is the web3 wallet for absolute beginners. The user interface is simple and plain, making it easy for just anyone to use it, whether you’re an absolute beginner or a crypto veteran. Being a non-custodial wallet separate from Coinbase exchange, you get to have full control over your assets.
It also has support for NFTs, such that it can be used to buy and hold crypto NFTs from different blockchains. This wallet also supports hardware wallets such as Ledger and others so that you can easily move tokens between the two.
The wallet is primarily available as a mobile app for both Android and iOS, but is is also available as a browser extension with major browsers such as Chrome, Brave, Firefox, etc. you might find the fees on the wallet relatively high, just like the case with Coinbase exchange.
Exodus Wallet
Exodus is another excellent option for those who are serious about participating in web3. The wallet is non-custodial, giving you full control over your assets, and then it has all the amazing features you would look for in a web3 wallet.
It supports NFTs, so NFT fans will find it a great companion. There are over 300 supported crypto assets that you can hold and swap easily as well. What’s more? The wallet also supports staking of crypto assets to earn rewards.
Exodus developers keep working hard to add new features everyday, and you may discover new ones not included in this guide.
