If you’re not storing your crypto on an exchange, then you need a wallet.
The wallet will show your balances and provide a means to send and receive your crypto. A wallet is software that can be installed on a smart phone or a computer.
Some wallets handle multiple crypto currencies. Other wallets are dedicated to a single crypto currency.
If you own a Ledger device, get the Ledger Live wallet. It’s user friendly and is the software companion to your hardware device.
It looks like this:
You can download the wallet for free from here: Download for desktop and mobile version of the Ledger wallet.
If you don’t have a Ledger device, we recommend checking out the following software wallets:
Exodus Crypto wallet Exodus is free and easy to install. Exodus supports over 100 different cryptocurrencies and has good customer support. Exodus also offers a mobile app and has a beautiful, easy to user interface. An Exodus wallet can be secured with the hard storage device, Trezor.
Coinbase mobile wallet. The Coinbase Wallet app is a standalone app that allows you to store your own crypto. You do not need a Coinbase account to use the Coinbase Wallet app. Simple, clear interface and great for beginners, especially if you are also using the Coinbase exchange. It is not necessary to have a Coinbase account to use the Coinbase wallet.
What will you store in your wallet? Here is an explanation of the top cryptocurrencies:
- Beginners Guide To Bitcoin In Plain English
- Beginners Guide To Etherium In Plain English
- Beginners Guide To Cardano In Plain English
- Beginners Guide To Chainlink In Plain English
- Beginners Guide To Bitcoin Cash In Plain English
- Beginners Guide To Polkadaot In Plain English
- Beginners Guide To Ripple XRP In Plain English
- Beginners Guide To Dogecoin In Plain English
- Check out our reviews page for FAQs, product and book reviews, and more.