{"id":482821,"date":"2022-02-03T17:29:21","date_gmt":"2022-02-03T17:29:21","guid":{"rendered":"https:\/\/wncen.com\/?p=482821"},"modified":"2022-02-04T18:33:28","modified_gmt":"2022-02-04T18:33:28","slug":"best-crypto-wallet-apps-in-2022","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/company\/best-crypto-wallet-apps-in-2022\/","title":{"rendered":"Best Crypto Wallet Apps in 2022"},"content":{"rendered":"
Having a mobile application is almost essential for any crypto service. This includes crypto wallets which need to be handy in order to make transactions with crypto more convenient and accessible. Users value having a handy app but they also pay attention to security features in order to keep their crypto assets safe from being lost or stolen. In this article, we will take a look at reputable crypto wallet services that offer mobile applications. All of these services have mostly positive user feedback and robust interface but differ in the features they offer.<\/p>\n
Coinbase is one of the largest cryptocurrency exchanges that has been operating since 2011. It was founded by former Airbnb engineer Brian Armstrong and co-founder Fred Ehrsam, a former Goldman Sachs trader, who joined the company in 2012.<\/p>\n
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Coinbase Wallet<\/a> is one of the services offered by the platform. It is designed as a digital crypto wallet that allows users to store and manage their crypto and NFT assets.<\/p>\n Coinbase Wallet is a hot wallet that can be integrated with dApp browsers. This allows users to create accounts on various devices including but not limited to Android and iOS systems.<\/p>\n The wallet is self-custody which means users have full control over their assets and are responsible for managing their own private keys. The keys are basically stored directly on the device used to access the app. It\u2019s also compatible with hardware wallets like Ledger and Trezor.<\/p>\n Coinbase Wallet doesn\u2019t function like a centralized exchange but it can be used for sending and receiving transactions from a crypto exchange or another user. Compatible with major fiat currencies like USD, this wallet can be connected to a crypto-friendly bank account.<\/p>\n A stand-out feature of the Coinbase Wallet is its ability to store NFTs (ERC721 tokens) as well as initiate buying and selling of NFTs. This app also allows users to shop at retail stores that accept crypto payments.<\/p>\n Since this wallet is a hot wallet, the funds are stored online which can make it vulnerable to hacking threats. To minimize the risk, Secure Enclave technology is used to store private keys securely. Other standard security features like 2-factor authentication and additional PIN can also be enabled.<\/p>\n Private user data is encrypted with AES-256 (Advanced Encryption Standard). Physical backup drives are safely stored in deposit boxes and vaults in various locations.<\/p>\n The Coinbase Wallet application is free to download and use. Commissions applied to transactions include network fees and variable fees that can range between 1.49 and 3.99%.<\/p>\n ChangeNOW.io<\/a> is a crypto exchange platform that was launched in 2017. It has over 50,000 asset pairs available and supports over 60 fiat currencies. ChangeNOW\u2019s goal is to provide an easy and straightforward way to swap, buy, and sell crypto without sacrificing user privacy. The range of their services includes instant exchange, wallet, tracker, and loans.<\/p>\n <\/p>\n ChangeNOW mobile crypto wallet app<\/a> can be downloaded from App Store and Google Play. There are no tedious steps like registration and verification so users can go straight to transactions. The wallet supports all major cryptocurrencies including BTC, ETH, ERC-20, and BEP2-based tokens. Almost anyone with a phone and Internet connection can use the wallet without geographical restrictions unless prohibited by the law. Fiat transactions are easy thanks to ChangeNOW\u2019s integration with payment providers Guardian and Simplex. There are no exchange limits starting at $2. The cashback feature is also available on the app.<\/p>\n Since ChangeNOW is a non-custodial wallet so users have full control over their own funds. Lack of personal information required to register for ChangeNOW services also minimizes privacy concerns.<\/p>\n ChangeNOW is free to download and use. Transaction fees are applied and users can choose fixed or classic exchange rates. Depending on the type of rate chosen, fees lay around 1%.<\/p>\n MetaMask<\/a> was created in 2016 by a New York-based software company ConsenSys. Originally available as a browser extension, MetaMask allows users to store and swap Ethereum-based coins and tokens. It works on Chrome, Firefox, and Brave browsers, and the code is open-sourced. In 2020, a mobile application for MetaMask was released.<\/p>\n <\/p>\n MetaMask is available as a mobile application for iOS and Android. Users can store and exchange tokens and since the app is decentralized, they have full control over their private keys.<\/p>\n This wallet can only be used to store Ethereum and Ethereum-related tokens including NFTs (ERC-721). While limiting, this still comes up to over 1800 different cryptocurrencies.<\/p>\n While the web version can be integrated with hardware wallets like Ledger, this feature isn\u2019t available on mobile yet.<\/p>\n MetaMask allows direct ETH deposits as well as buying ETH using a bank card through a payment processor Wyre.<\/p>\n Private keys are stored on the users\u2019 devices which makes them responsible for keeping them safe. Extra layers of security include custom PIN codes and secret backup phrases. The mobile application has way fewer security threats than browser versions, however, taking precautions and storing all the passwords and other credentials in an accessible but secure way is the key to keeping the wallet and assets inside of it safe.<\/p>\n MetaMask applications are free to download. As a service fee, 0.875% is automatically applied to each quote. Besides that, users need to pay ETH gas fees.<\/p>\nFeatures<\/h4>\n
Security<\/h4>\n
Pricing<\/h4>\n
ChangeNOW<\/h3>\n
Features<\/h4>\n
Security<\/h4>\n
Pricing<\/h4>\n
MetaMask<\/h3>\n
Features<\/h4>\n
Security<\/h4>\n
Pricing<\/h4>\n
Exodus<\/h3>\n
<\/td>\n | Supported currencies<\/td>\n | Custody<\/td>\n | Security<\/td>\n | Pricing<\/td>\n<\/tr>\n |
Coinbase<\/td>\n | USD, crypto, NFTs<\/td>\n | Non-custodial<\/td>\n | 2fa, PIN, AES<\/td>\n | Transaction fees from 1.49% to 3.99%<\/td>\n<\/tr>\n |
MetaMask<\/td>\n | ETH, ERC, NFTs<\/td>\n | Non-custodial<\/td>\n | PIN, backup phrases<\/td>\n | 0.875% commission, gas fees<\/td>\n<\/tr>\n |
Exodus<\/td>\n | Crypto<\/td>\n | Non-custodial<\/td>\n | 2-word passphrase, linked email<\/td>\n | Transaction fees<\/td>\n<\/tr>\n |
MyEtherWallet<\/td>\n | Crypto (mainly ETH)<\/td>\n | Non-custodial<\/td>\n | PIN, face ID, fingerprint<\/td>\n | Gas fees<\/td>\n<\/tr>\n |
ChangeNOW<\/td>\n | 380+ crypto, 58 fiat<\/td>\n | Non-custodial<\/td>\n | Instant transactions,<\/p>\n no registration\/<\/p>\n verification<\/td>\n | Transaction fees of around 1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n <\/p>\n <\/p>\n |