What is the best Crypto Wallet?

The Nano S Plus is our pick for the best crypto wallet overall thanks to Ledger's robust security, wide range of cryptocurrencies and NFTs all at the affordable price point of US$79. The Nano S Plus is a hardware wallet manufactured by French company Ledger, which has been around since 2014.

How do crypto wallets work?

Contrary to popular belief, crypto wallets do not physically hold cryptocurrencies like the wallet in someone’s pocket. Instead, they store the public and private keys required to buy cryptocurrencies and provide digital signatures that authorise each transaction.

What is a web-based crypto wallet?

Most web-based crypto wallets tend to be custodial wallets. Typically offered on cryptocurrency exchanges, these wallets are known for their convenience and ease of usage, and are especially popular with newcomers, as well as experienced day traders.

Which cryptocurrencies have the most market capitalization?

Bitcoin remains the top cryptocurrency by market capitalization. Like other cryptocurrencies, Bitcoin requires a crypto wallet for storage. Most of the leading crypto wallets —hot or cold—support BTC. There are a few specialized wallets that do not support Bitcoin.