From safety and security to user interface and compatibility, it can be difficult for investors to find the ideal crypto wallet for their Android device.
With so many competitors on the market, it’s more than a little easy to get overwhelmed by how fast-moving things are.
But fret not because, after months of solid research, we’ve finally managed to put together a list of the best crypto wallets for Android users.
So sit back, relax, and take a look at what we have for you.
1. Coinbase Wallet
Anyone in crypto would probably recognize Coinbase – one of the largest crypto exchanges in the world. Besides trading cryptocurrencies, Coinbase operates its wallet – the aptly named Coinbase wallet.
Suitable for those new to the crypto world, Coinbase wallet features a user-friendly interface and support for more than 500 types of cryptocurrency. But that’s not all Coinbase has – with it, users can also store digital assets like NFTs (non-fungible tokens) with their Coinbase account.
Besides being free-to-use, Coinbase wallet has an extensive suite of security features such as AES-256 encryption and two-factor authentication (2FA). More importantly, the Coinbase wallet is available for Android devices and allows you to track the real-time prices of crypto assets.
2. Electrum Bitcoin Wallet
Where Coinbase offers support for more than 500 types of crypto, Electrum only supports Bitcoin.
While this may be a deal-breaker to some, Electrum provides Android users with some of the most secure protocols available on the market. A check on any Bitcoin forum will quickly confirm this.
Being one of the oldest crypto wallets on the market, Electrum boasts various features targeted at advanced users. And while the UI could use some work, there’s no denying that Electrum is one of the safest crypto wallets on the market for Android devices.
A word of warning, though – in the past, scammers have taken to setting up fake Electrum apps to phish for potential victims. So, always be sure to visit Electrum’s official website to download the app.
3. Exodus Wallet
If you’re looking for a mobile compatible wallet with plenty of features, then you’re going to love Exodus.
One of the most popular crypto wallets on the market, Exodus lets you trade, swap, send, and receive more than a dozen types of cryptocurrencies on your Android device. While the Exodus app occasionally suffers from slowdowns on busy days, it’s reliable on most days.
As an added plus, Exodus’s app encrypts your private keys locally so third parties can never gain access to them. And when it comes to top-tier customer service, you’d be glad to know that Exodus offers 24/7 support all year round. That way, you can rest assured that help is never far away.
More importantly, Exodus allows users to interface with cold wallets, allowing easy access to your cryptos held in cold storage.
4. Gemini Crypto Wallet
Operating as both a crypto wallet and exchange, Gemini allows Android users to store and trade cryptocurrencies on the move. Besides Bitcoin, Gemini also features a wide variety of cryptocurrencies that you can invest in to diversify your investment portfolio.
And if you’re an active trader, you’ll appreciate the price alert function that alerts of last-minute price changes.
Gemini provides users with an extensive suite of safety features that helps protect you. For example, two-factor authentication provides you with added security and prevents unauthorized access to your account.
While investing in cryptocurrencies is an exciting prospect, always keep in mind that the world of cryptos is a risky one. If the ones above are not enough you can find some other options here: https://blog.tezro.com/best-crypto-wallet-for-android/
So always practice good security hygiene and only use trusted crypto wallets! Follow Techdee for more!