If you consider to jump start your crypto journey, going for an all-in-one crypto wallet might be just right for you. Different crypto wallets have different features and benefits, and all of them have their own advantages. Beginning to invest in crypto is not easy and choosing the right platform can be even harder considering the amount of crypto wallets and apps.
The process of choosing the best crypto wallet can be quite confusing, so in this article we’re going to take you through all of the top wallets for beginners currently available so you can make your own informed decision.
So what do you expect from a crypto wallet?
A crypto wallet is a universal tool that allows you to store, buy and sell, exchange and trade your crypto with no need to constantly switch between multiple platforms.
Your crypto wallet should be easily accessible but only to you. It should be convenient, easy to use and secure, especially if you are just starting out in crypto. At the same time, it shouldn’t have reasonable transaction fees.
Keeping all of that in mind, here are some of the best choices:
Well you can’t blame us for placing our app first, keeping in mind how much effort we put in it :) 7b Crypto Trading Wallet is an all-in-one solution secured by an industry leader and crypto giant Binance. We released 7b to prove the bold idea that anyone, anywhere, should be able to easily and securely enter the crypto world: exchange, trade, store and monitor their crypto.
We offer fiat support for pounds, dollars, euros, australian dollar, canadian dollar, russian ruble and indian rupees. That gives you the freedom to build up your wallet choosing from the variety of 400+ cryptocurrencies.
Low trading fee of only 0,1% per transaction will help you to get the most profit of your crypto assets.
Created for user’s convenience 7b allows to withdraw up to 2 BTC( or any other currency) daily without KYC.
Coinbase is one of the most popular solutions for those wishing to exchange, trade and buy crypto with fiat. Users of COINBASE can access custodial security options, making it easy to use. The Coinbase platform supports a variety of cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, BAT, USDT, and ZRX.
Though Coinbase platform’s interface is friendly and easy to navigate, it charges withdrawal fees when users want to move their funds out of the exchange. In addition, be ready for high transaction fees.
eTory is the versatile trading platform with 1% for trading crypto plus spread. A community of users is active on the platform, and you can follow specific coin news feeds. Communication with other crypto enthusiasts can really help you dive into the world of crypto.
Though the platform offers only about 60 coins, It can be useful for newcomers to cryptocurrency who want to learn basic trading strategies. Limited selection of cryptocurrencies might be the biggest disadvantage of eToro. The other one is the support — chat and phone support available for eToro Club members only.
The Wallet, that requires no introduction — Binance, the industry’s leading crypto platform. “Binance is the world’s leading blockchain ecosystem, with a product suite that includes the largest digital asset exchange. Our Mission is to be the infrastructure service provider in crypto.” — the creators claim.
The commission rate at BINANCE is one of the lowest at just 0.10%. You can download the app from either the App Store or Google Play store, and it’s easy to use and well-designed.
A good option for beginner crypto users, RobinHood offers a simple interface and access to stocks as well as cryptocurrencies. Traders can trade stocks, options, exchange-traded funds (ETFs), and cryptocurrencies using the app. However we have a major question for RobinHood concerning its safety. Robinhood received multiple complaints from the Securities and Exchange Commission, lawsuits and public outrage over some of its practices.
To sum up…
There are multiple crypto wallets on the market, and while choosing one you should keep in mind why exactly you need it. The perfect wallet should combine features that you find most important. Whether you’re planning to try trading strategies or simply want to buy crypto and hold it. No matter what purpose you have, beginning in crypto will be as smooth as possible with the 7b Crypto Trading Wallet. Try 7b, secure and anonymous crypto exchange, and enjoy low crypto trading fees and crypto exchange without KYC.
