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    Best Crypto Wallet 2022 - Compare 5 Bitcoin Wallet Accounts

    One of the most important things to consider before you buy Bitcoin is that you have a suitable crypto wallet in place.

    In this guide, we explore and review the best crypto wallets in the market right now.

    The Best Crypto Wallets Ranked

    Our in-depth research found that the five best crypto wallets to consider are as follows:

    1. eToro - Overall Best Crypto Wallet in 2022
    2. Coinbase - Best Crypto Wallet App for Beginners
    3. Binance - Best Digital Cryptocurrency Wallet for Trading
    4. Huobi - Best Bitcoin Wallet App for Asset Diversity
    5. Kraken - Best Crypto Web Wallet for Convenience
    In the sections below, you will find detailed reviews of the crypto wallets listed above.

    The Best Bitcoin Wallets Reviewed

    The best Bitcoin wallets in the market will not only keep your digital assets safe and secure - but offer plenty of useful features and tools.

    If you’re yet to decide on the best crypto wallet for your trading needs - consider the top-rated providers reviewed below.

    1. eToro - Overall Best Crypto App in 2022

    If you’re searching for the best crypto wallet in terms of security, asset diversity and features - eToro stands out from the crowd. First and foremost, in choosing eToro as your go-to wallet provider, you will be using a brokerage firm that is regulated by the SEC, FCA, ASIC, and CySEC. The eToro wallet itself is also licensed by GFSC.

    This means that you can safely store your crypto assets in a secure and regulated environment. As a multi-crypto wallet, eToro allows you to store all of your digital currency holdings via a single place. Plus, if at any point you wish to trade one of your cryptocurrencies for another token - the eToro wallet supports over 500 pairs.

    5-Best-Cryptocurrency-Apps-for-Beginners-2022


    What we also like about the eToro wallet app is that if you lose or misplace your private keys, you can contact the support team to regain access. In terms of key features, the eToro wallet also offers trading services. This means that you can buy and sell crypto from within the wallet interface. Furthermore, the minimum trade size is just $10.

    Moreover, when you trade crypto at eToro, you will only need to pay the spread. eToro doubles up as a social trading platform too. This means that you can copy the buy and sell positions of an expert investor through eToro’s copy trading tools.

    Buy Cryptos on eToro Now

    Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

    2. Coinbase - Best Crypto Wallet App for Beginners

    If you’re searching for the best Bitcoin wallet for beginners, Coinbase is worth considering. You have two storage options to choose from at Coinbase. First, if you’re a complete newbie, you might consider storing your Bitcoin in the Coinbase web wallet. This means that you can access your funds simply by logging into your account.

    5-Best-Cryptocurrency-Apps-for-Beginners-2022-2


    The Coinbase website is protected by several safeguards - such as 98% of client digital funds being stored offline. Plus, you will need to bypass two-factor authentication on each login attempt. The second option is to download the Coinbase wallet app - which is non-custodial. This means that you - and only you, will have access to your wallet’s private keys.

    Buy Cryptos on Coinbase Now

    Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

    3. Binance - Best Digital Cryptocurrency Wallet for Trading

    If you’re looking for a safe place to store your digital currencies but you also want access to trading features, Binance could be the best crypto wallet for this purpose. This is because the Binance wallet doubles up as an exchange - which gives you access to over 1,000+ markets. This covers cryptocurrencies of all shapes and sizes - from large caps to DeFi tokens.

    5-Best-Cryptocurrency-Apps-for-Beginners-2022-3


    The Binance wallet app allows you to buy and sell digital currency at a commission of just 0.10%. It is available to download free of charge to both iOS and Android devices and the app will link to your main Binance account. In terms of security, Binance implements IP address and device whitelisting - which ensures that unauthorized access is prohibited.

    Buy Cryptos on Binance Now

    Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

    4. Huobi - Best Bitcoin Wallet for Asset Diversity

    Huobi is a multi-asset platform that offers a wide range of cryptocurrency products and services. It is one of the best Bitcoin wallets for asset diversity, because the platform gives you access to hundreds of different tokens.

    Compare-5-Bitcoin-Wallet-Accounts-3


    As such, if you’re the type of investor that likes to invest in lots of different projects - you can use the Huobi wallet to store your tokens in one safe place. Much like Binance, this leading crypto exchange is also a solid option for those that wish to access trading services in a low-cost manner. This is because you can buy and sell crypto pairs at Huobi from just 0.20% per side.

    Buy Cryptos on Huobi Now

    Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

    5. Kraken - Best Crypto Web Wallet for Convenience

    If your overarching priority is to find the best crypto wallet for convenience, Kraken could be worth checking out. The provider primarily offers brokerage and exchange services, alongside leverage and margin trading for those located in eligible countries. That said, if you plan to use this platform to buy crypto - you may choose to leave your tokens in your Kraken web wallet.

    Compare-5-Bitcoin-Wallet-Accounts-4


    If at any point you wish to convert one of your crypto assets to another token - you can do this without needing to send your funds to another exchange.

    The Top 5 Cryptocurrency Wallets Compared

    If you’re still not sure which provider is right for your needs - below we compare the best Bitcoin wallets in the market right now.

    Best-Crypto-Wallet-2022---Compare-5-Bitcoin-Wallet-Accounts---TABLE


    Buy and Hold Cryptos on eToro

    Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

    How to Use a Bitcoin Wallet

    Here’s how to set up a crypto wallet account for yourself.

    Step 1: Register With eToro

    You first need to register an account with eToro before you can use its wallet. This should not take you more than a few minutes and once complete.

    Compare-5-Bitcoin-Wallet-Accounts-5


    Buy Cryptocurrency on eToro Now

    Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

    Step 2: Download eToro Crypto Wallet

    Next, download the eToro wallet from the provider’s website. This will ensure you are downloading the official version.

    Compare-5-Bitcoin-Wallet-Accounts-6


    Once the wallet has been installed, open it and log in with your eToro username and password. These are the credentials that you created in Step 1.

    Step 3: Add Funds to Wallet

    Your eToro wallet should now be set up and ready to go. You will, of course, need to transfer some tokens into the wallet from wherever they are currently being stored.

    Compare-5-Bitcoin-Wallet-Accounts-7


    If you are yet to own any cryptocurrencies, you can make a purchase directly from within the eToro wallet.

    Once you have purchased crypto - or transferred the tokens from an external source, you can keep them stored safely in your eToro wallet for as long as you wish.

    Buy Cryptos on eToro Now

    Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

    Best Crypto Wallet 2022 - Conclusion

    This guide has reviewed the very best crypto wallets in the market right now and explained how to choose a suitable provider based on your skillset.

    We found that eToro ticks all of the right boxes - not least because the wallet is regulated, offers plenty of different coins, and provides a superb user experience.

    Buy Cryptocurrency on eToro Now

    Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. Additionally, 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

    This content is intended for informational and educational purposes only and should not be considered as an investment advice or an investment recommendation.

    Disclaimer:
    The above content is non-editorial, and BCCL hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content. Crypto/NFTs are unregulated, highly risky, and there may be no regulatory recourse for any loss from such transactions. Readers to exercise caution/due diligence, and comply with all applicable laws, including but not limited to taxation laws. Above content does not constitute investment advice nor promotes, suggests or presents Crypto/NFTs to solve financial difficulties/achieve financial security/act as an alternative to employment/income opportunity.

    Disclaimer: Content Produced by CryptoPR



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    ( Originally published on Jan 19, 2022 )
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