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Top 5 Cardano Wallets (ADA)# 1. Daedalus
This is one of the few Cardano wallets (ADA) to securely store this crypt: it boasts all the basic security features and is supported by a team of developers. This open source software is available for Windows and MacOS. Daedalus is also a hierarchical deterministic wallet (HD) that allows you to manage any number of addresses and distribute your resources according to your wishes.The installation process is relatively simple and you can easily send and receive ADA as well as view transaction history. With Daedalus, you maintain control over your keys, which are protected by the latest cryptography technologies.Nevertheless, there are several disadvantages that are worth mentioning.The wallet is currently unavailable for Linux operating systems, and no release date is expected for the Linux version.IOS and Android apps are not yet available.
Ledger Nano S is the undisputed leader among all hardware wallets, which are considered to be the safest on the cryptocurrency market.Like other wallets, Ledger Nano S allows you to manage seed phrases, set a PIN code and possibly a password. In addition, you can easily store more than 700 crypto and tokens, including the Cardano cryptocurrency. (Ledger Live is not yet supported by Cardano)
# 3. AdaliteAdaLite (formerly known as CardanoLite) is a Cardano wallet developed by Vaccumlabs. You do not need to register or go through the KYC procedure to use AdaLite. When creating an ADA wallet, you only get a 12-word mnemonic phrase, after which you can start managing assets. AdaLite is also compatible with Vault Model T and Daedalus. AdaLite is also compatible with iOS and Android, so you can use this Cardano wallet on the go.
# 4. YoroiYoroi is one of the official Cardano (ADA) wallets: it was developed by Input Block Hong Kong (IOHK). Unlike Daedalus Wallet, Yoroi does not require the download of the entire blockchain and allows you to execute ADA transactions immediately. There is also support for the Chrome extension.Yoroi is currently available for Android and iOS devices.
# 5. InfiniteInfinito Wallet is a growing wallet for storing a large number of cryptocurrencies. The benefits of Infinito Wallet include:Easy to use and elegant, user-friendly design:Large list of supported coins;High speed of transactions;Multilingual interface.The developers of the project tried to make the product comfortable and functional. The disadvantages of Infinito Wallet include the lack of two-factor authentication. However, this feature will most likely be launched soon. Despite the lack of 2FA authentication, there are no events related to hacking and theft of funds in the Infinito wallet.ConclusionSince Cardano is one of the top 10 cryptographic assets. Now you know where to save this menu. All of the above wallets are highly reliable and functional. If you want to make the right decision, don't forget which type of storage space is more suitable for you. If you need to store ADA for a long time, the safest alternative would be hardware and paper wallets. Conversely, Cardano desktop and online or mobile wallets (ADA) are more suitable for active trading and daily ADA exchanges.
