Where do I keep my Crypto?
So you’ve gotten started with earning some cryptocurrencies (maybe BAT from Brave Browser or Bitcoin from signing up at Voyager), and now you need to do figure out how to use it. We need a place to store our Crypto, and this article will walk you through one of the most important things you need to do this – a Crypto Wallet.
A wallet is exactly what it sounds like – a place to safely store your various cryptocurrencies. There are hundreds of different wallets for both mobile and desktop, and we’ll be showing you some of our favorites.
Atomic Wallet is a fantastic program that has both a mobile and a desktop application, so you can access your Crypto from anywhere.
Besides just being a wallet to store your assets, Atomic Wallet also has a whole host of other features built right in. These include:
- Exchanging between different Cryptocurrencies with minimal fees
- Purchasing Cryptocurrencies using credit or bank cards (5% fees)
- Staking various Cryptocurrencies (Generating a percentage “interest” on your holdings of a given Crypto)
- Automatically receiving Airdrops (Free Crypto for holding specific assets in your wallet!)
All of this in one place, and Atomic is known as one of the most user-friendly and secure wallets available.
The reason you will need this wallet is to take advantage of the best Crypto faucet on the internet – the HoriZEN Faucet. By having using a verified ZEN wallet to claim from the faucet, you automatically receive a 1.5x bonus! Add that on top of the other multipliers and you can be earning up to 100x what other faucets give!
With these first two wallets, you should be able to take care of 99.9% of your Crypto needs. There are hundreds of other wallet applications and storage systems out there, but for most people – all you need are these two!
If you’re looking to take the next step into more advanced wallets, check out the next two wallets below.
Ledger Wallets are a “hardware wallet” (Atomic Wallet is a “software wallet”). While most wallets are quite secure, they still are vulnerable to some risk of hacking and scams. If you have a large amount of Crypto and want it to be as safe as possible, then a Ledger Hardware Wallet is the way to go. Ledger Wallets aren’t just for storing, either – you can buy Crypto, stake Crypto for rewards, and spend it just like you would with a software wallet! Ledger Wallets start at $59 and can be a great investment as your Crypto portfolio becomes more valuable.
MetaMask is the best wallet for accessing applications on the Ethereum network – these include DeFi apps like Compound (earning interest and borrowing Crypto) or UniSwap (instantly swap between ERC-20 Coins) and games like CryptoKitties. While Atomic Wallet is great for most purposes, unfortunately it doesn’t allow you to access most Defi Apps or Decentralized Exchanges (with the exception of Binance Dex). If you’re really serious about trading and growing your Crypto investments (some of mine are up over 150% by now!), then Metamask is a must.
And there you have it!
Whether you’re a beginner who is just starting to store their first Crypto or a big-time Crypto investor, these wallets should take care of 99.9% of your Crypto needs.
Leave comments or questions below and we’ll do our best to help you out with setting up your Crypto wallets!