Best crypto wallets to store your crypto 

Crypto wallets are necessary for purchasing, trading, and selling cryptocurrency. Traders require them to securely store cryptocurrency as well as to preserve and validate transaction data. Custom crypto wallets, whether hardware or software, also known as hot and cold storage, provide traders with more personalized alternatives than crypto exchanges.
Depending on your investing plan, you may want to consider a hot or cold wallet and a wallet provided by your preferred exchange. We asked four cryptocurrency specialists what long-term investors should be aware of. Based on our own research and professional advice, here are six of the finest crypto wallets for long-term investors to consider.

Coinbase Wallet

Coinbase Wallet is one of the most popular wallets for anyone with little to no expertise with cryptocurrency. The software can link to most major bank accounts and offers a friendly and easy-to-use interface with a basic three-tab structure and easily recognized functionality. Coinbase Wallet supports over 44,000 coins and tokens, the most on our list, and can store non-fungible tokens (NFTs) and digital collectibles.

Electrum

Electrum is one of the oldest and most well-known cryptocurrency wallets available today. It’s also one of the few surviving crypto wallets that solely accept Bitcoin, a currency that Electrum is specifically designed to serve. The wallet has a number of robust security measures that other wallets do not, and users can vary their fees based on how long they are prepared to wait for a transaction to be completed: Pay more in fees, and your transaction will be completed more quickly.

Ledger Nano X

Ledger is one of the most well-known hardware wallet brands on the market today. Its first wallet, the Ledger Nano S, a feature-packed and highly secure cold wallet, spurred its first success. The Ledger Nano X builds on the success of the Nano S by including a built-in battery, features like Bluetooth connection, and enhanced asset management capabilities.

MetaMask

With over 30 million monthly active users, MetaMask is one of the most popular Ethereum wallets. The wallet allows users to connect with decentralized applications or dApps and may store and transmit Ethereum-compatible currency. Users may connect straight to the wallet to have access to major NFT markets such as OpenSea.
MetaMask’s popularity stems primarily from its ease of use and accessibility. The wallet’s design is friendly and easy as if inexperienced investors created it.
Anyone who uses Google Chrome, Microsoft Edge, Mozilla Firefox, or Brave can install the wallet as an extension. You may also get the MetaMask app for your Android or Apple smartphone.

Crypto.com

The Crypto.com website DeFi Wallet is an ideal solution for individuals who are just starting out in the world of decentralized currencies. Defi wallets provide customers complete control over their digital assets and private key, which they must maintain secure. They also allow users to trade cryptos one-to-one and have access to a variety of tools for earning passive income on the crypto they already hold – functionalities that are not accessible in traditional, custodial wallets.
It’s vital to distinguish between custodial and non-custodial wallets on this exchange, as it is on others. The Crypto.com DeFi Wallet may be downloaded and used for day-to-day crypto operations without the need for a Crypto.com exchange account.

Final Thoughts

Due to the growth of phony crypto app frauds online, crypto investors should be as vigilant as ever with their investments. According to an FBI assessment, cyber criminals stole an estimated $42.7 million from 244 Americans. These criminals frequently dupe users by taking company names, logos, and other identifying information from legitimate crypto trading platforms to construct fraudulent applications that appear genuine.