Why Everyone Should Open A Crypto Account

 

Have you ever thought about what you would do, if someone offered you cryptocurrency? Maybe you want to sell something and the buyer wants to pay with Bitcoin. Maybe your Uncle wants to gift you Etherum for Christmas. The only way to accept any kind of cryptocurrency is by having a currency address. It is kind of like an email account for crypto. You give someone your address and they send you the currency. A different address is assigned to each of the different types of currency. For example, you woud need a Bitcoin address to receive Bitcoin, a Ripple address to receive Ripple, and so on.

 

There are a few different options that we can look at to secure a crypto account. There are digital wallets and paper wallets. Download software on your desktop to store your private keys, download a mobile app or purchase a digital wallet device.

 

From your digital wallet you will be able to send and receive cryptocurrencies straight from you desktop, tablet or phone. If you do not feel that is secure enough for your crypto funds, then a paper wallet may be the right choice for you. What makes paper wallets secure is that they are totally offline. Hackers can not reach your crypto and the currency is never visible to a third party. However, someone could find and use your printout to spend your holdings. Another thing to think about is the location of your paper wallet. You would need to protect it from flooding, fires, ink damage and the like. No Crypto Address (private key) or QR code, No Crypto.

 

If you opt for a digital wallet device, the price can be worth it, especially if you own a significant amount of cryptocurrency. Hardware wallets are even more secure. They store your private keys offline so they can’t be hacked and you set a pin to access the keys. Screens provide extra security by verifying and displaying important wallet details.

 

In your search for the perfect crypto wallet, it is vital to keep in mind that the private keys are what you need to protect if you want to keep your cryptocurrency safe from hackers, user error, and other possible issues.

 

Final Thoughts

Depending on your needs, lifestyle, and preferences you may prefer one or more of the wallets listed below. Regardless of which you choose, simply understanding how crypto wallets work is an important aspect of safely using this new technology. People coming from a financial or business background are likely to expect crypto to be a direct alternative to our current financial system. This is not the case. So in reality you don’t actually need a cryptocurrency account. There is no such thing really. You just need a wallet.

 

 

Below is a list of cryptocurrency wallets.

 

Uphold Digital Money Platform

BTC, LTC, ETH, BAT, BCH, DASH, BTG, XRP

 

Ledger Nano S Wallet

BTC, BCH, BTG, ETH, ETC, LTC, DOGE, ZEC, XRP, DASH, STRAT, KMD, ARK, EXP, UBQ, VTC, VIA, NEO, XST, XLM, HSR, DGB, QTUM, PIVX, POSW, EOS, TRX, PPC, BTCP, ZEN, XZC, POA, RSK, kUSD, VET, ICX, PART, ONT, WAN

 

Trezor Wallet

BTC, BCH, BTG, LTC, DASH, DOGE, ETC, ETH, ERC20, NEM, NMC, ZEC, EXP, UBQ

 

Coinbase

BTC, BCH, LTC, ETH

 

Altcoin.io

BTC, ETH, REP, ANT, BAT, EOS, SALT, CVC, DNT, SNT, SUB, TRX, OMG, BTM, DENT, PPT, MKR, DGD, QASH, ETHOS & 10+ more

 

Trezor Model T Wallet

BTC, BCH, BTG, LTC, DASH, DOGE, ETC, ETH, ERC20, NEM, NMC, ZEC, EXP, UBQ

 

CoolWallet S

BTC, ETC, XRP, LTC, BCH, ERC20 Tokens

 

Ledger Blue Wallet

BTC, BCH, BTG, ETH, ETC, LTC, DOGE, ZEC, XRP, DASH, STRAT, KMD, EXP, UBQ, VTC, VIA, XST, XLM, HSR, DGB, QTUM, PIVX, POSW, TRX, PPC, BTCP, ZEN, POA, RSK, kUSD, WAN

 

Keepkey Wallet

BTC, BCH , DASH, DOGE, ETH, LTC, NMC

 

Jaxx Wallet

BTC, ETH, DASH, ETC, BCH, REP, LTC, ZEC, RSK, DGE, ICN, GNT, GNO, DGD, BCAP, CVC, STX, POE, MCI, QTUM, CFI, ART, PAY & 30+ more

 

Exodus Wallet

BTC, BCH, BTG, LTC, ETH, DASH, ETC, VTC, FUN, DCR, EOS, ANT, GNO, OMG, BAT & 15+ more

 

 

Coinomi

BTC, ETH, ETC, BTG, DOGE, LTC, LCC, BCH, DASH, NBT, PPC, RDD, MONA, DGB, DGC, NEOS, XVG, VTC, BTA, ABN & 100+ more

 

Electrum Wallet

BTC

 

 

Armory Wallet

BTC

 

GreenAddress

BTC

 

 

 

Bread Wallet

BTC

 

Copay Wallet

BTC, BCH

 

Blockchain Wallet

BTC, BCH, ETH

 

Mycelium Wallet

BTC

 

Edge Cryptocurrency Wallet

BTC, BCH, ETH, LTC, XMR, XRP, DASH, REP, WINGS, IND, XZC, FTC

 

 

BTC.com

BTC, BCH

 

Ethereum Wallet

ETH, ERC20

 

MyEtherWallet

ETH, ETC, EOS & ERC20 tokens

 

Daedalus

ADA

 

Loaf Wallet

LTC

 

MetaMask Wallet

ETH

 

LiteVault Wallet

LTC

 

Ethaddress Wallet

ETH

 

GateHub Wallet

XRP, BTC, BCH, ETH, ETC, REP, DASH, QAU, XAU

 

Litecoin Core Wallet

LTC

 

Rippex Wallet

XRP

 

Electrum LTC Wallet

 

 

Toast Wallet

 

Cryptonator Wallet

 

Stellar Desktop Client

 

Stargazer Wallet

 

Lobstr Wallet

 

Astral Wallet

 

NanoWallet

 

Eidoo Wallet

 

Verge QT Wallet

 

Verge Electrum Wallet

 

Zcash Wallet

 

Bitcoin Gold Core Wallet

 

Electron Cash Wallet

 

GUI Light Wallet

 

Nostalgia Light Wallet

 

IOTA Wallet

 

NEM Mobile Wallet

 

Nem Nano Wallet

 

Dash Core Wallet

 

Dash Wallet

 

MyDashWallet

 

MyMonero Wallet

 

Monero GUI Wallet

 

Monerujo Wallet

 

Trust Wallet

 

Classic Ether Wallet

 

Qtum Electrum Wallet

 

Qtum Core Wallet

 

Qtum Web Wallet

 

Bitpie Wallet

 

NanoWallet.io

 

Nano Wallet

 

Lisk Nano Wallet

 

Lisk Core Wallet

 

Lisk Hub Wallet

 

Dogecoin Wallet

 

Neon Wallet

 

NEO GUI

 

O3 Wallet

 

NEO Tracker

 

ICONex Wallet

 

 

 

 

 

 

 

Bitaddress.org

 

Walletgenerator.net

 

Bitcoinpaperwallet.org

 

Mycelium

 

 

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