Crypto Wallet: Best Crypto Wallets of 2022

Crypto Wallet: Best Crypto Wallets of 2022

Crypto wallets are an essential tool for buying, trading, and selling cryptocurrencies. Merchants are required to securely store crypto as well as secure and validate transaction information. Whether they are hardware or software, also known as hot and cold storage, custom crypto wallets provide traders with a dedicated solution compared to crypto exchanges.

Top 10 Best Crypto Wallets of 2022

1. Binance: Buy/Sell Bitcoin, Ether, and Altcoins

2. FaucetPay: Sent/Received Very Low Crypto Ammount

3. Coinbase: Buy and Sell Bitcoin, Ethereum, and more with trust

4. Payeer: Buy/Sell Bitcoin, Tether, Ethereum, Litecoin, Dash, Ripple

5. BlockChain: Buy Bitcoin, Ethereum, and more with trust

6. TrustWallet: Best Cryptocurrency Wallet | Ethereum Wallet 

7. FTX: Cryptocurrency Derivatives Exchange

8. Crypto.com: Best Place to Buy, Sell, and Pay with Cryptocurrency

9. eToro: Crypto, Stocks & Beyond! The power of social investing

10. Pionex: Crypto Trading Robot | Free Crypto Trading Bot

1. Binance: Buy/Sell Bitcoin, Ether, and Altcoins

PROS

• Low non-instant and instant buy fees
• Extremely large coin selection
• Numerous extra services

CONS

• Hiccups in account verification
• Not available in the US
• Non-transparent corporate structure

Binance Overview

Binance is a blockchain ecosystem that includes a cryptocurrency exchange, startup incubator, startup investor, and coin information provider. Binance is a highly popular exchange and allows its users to trade hundreds of cryptocurrencies including Dogecoin, Bitcoin, and Ethereum.

The exchange was founded in July 2017 by Changpeng Zhao (CZ) and was initially based in China, but later moved out of China due to China's increased regulation of the cryptocurrency. The name 'Binance' is made up of two words 'binary' and 'finance'. Binance exchange requires KYC (Know Your Customer), which is the process of identifying data and contact information by banks from current and potential customers, to prevent fraud. Binance is capable of processing 1,400,000 orders per second and supports multiple cryptocurrencies. Binance serves over 15,000,000 users worldwide, operates in over 40 countries, and is located in over 180 countries and territories.

Binance Statistics:

• Rank: #1
• Coins Supported: 1000+ including BTC and ETH.
• Type of wallet: Hot wallet
• Available Countries: USA, UK, Belgium, France, Italy, and 100+ countries.
• Mobile App: Android and iOS.
• Insurance: All U.S. dollar deposits at Binance.us are held at custodial bank accounts and insured up to $250,000 for bank failure by the Federal Deposit Insurance Corp.
• Staking Support: It launched the “High-Yield Center,” where you can stake and earn up to 104.62% APY.
• Blockchain support: BNB, Polygon (MATIC), SOL, Polka dot (DOT), Cardano (ADA), ERC-20, BTC, ETH, LTC, etc.
• Signup bonus: Use Referral ID: CPA_00FO4Q9YYY and get a 5% commission kickback
• Price: Free

2. FaucetPay: Sent/Received Very Low Crypto Ammount

PROS

• Receive payments of small amounts
• No deposit fees
• Offers statistics of the best faucets to get cryptos
• Allows you to create your own faucet
• Exchanges can be made between cryptos
• Let’s know from which site the payment came to you

CONS

• Nothing else is in English
• The multiplier usually has problems
• You don’t usually earn much in faucets or PTC

FaucetPay Overview

FaucetPay is a micro wallet that manages your small earnings from various earning platforms and provides you with staking options. Thousands of websites pay on micro wallets like FaucetPay, so you need to join a micro wallet first. Before joining FaucetPay, you need to know everything about FaucetPay, so I am writing this FaucetPay review article for you.

FaucetPay is a cryptocurrency faucet. It gives free, instant crypto coins to anyone who completes tasks, offerswalls, and plays games on the site. It is completely free to use, and there are no hidden fees or maintenance costs.

It's up to you how many tasks you want to do every day - from a small task to all the available tasks like PTC tasks, offers, and games. FaucetPay pays out in Satoshi, the smallest unit of bitcoin, which means you can make a lot of money without having to wait days or weeks before it reaches your account. On Faucetpay, you can swap your coin to other desirable currencies and make withdrawals at your convenience.

FaucetPay Statistics:

• Company: FaucetPay
• Founded: 2019
• Price: Free
• Websites: Faucetpay.io
• Types: Unregulated investment, trading, and online faucet claim micro wallet.
• Payout Option: Multiple payout options like Bitcoin, Ethereum, Dogecoin, Litecoin, Bitcoin Cash, Dash, DigiByte, Tron, Tether TRC20, Feyorra, Zcash, Binance BEP20, and Solana
• Minimum Withdrawal: Minimum withdrawal is a Very Very Low Amount
• Skill Required: Basic skills in operating mobile and laptops while doing surveys, and offers, viewing PTC ads, claim faucets, and referrals.
• Genuine: 100% Genuine till now
• Earning Potential: Earning potential depends on task availability, faucet, and offer availability. FaucetPay does not make you rich overnight but helps to earn some extra bucks in your free time.
• Recommended: Recommended for all who want to earn some extra crypto on their free and do not recommend you to invest in faucet pay.
• Benefits: Such an earning platform never added value to your resume but gives some free crypto that helps your crypto journey without investment.

3. Coinbase: Buy and Sell Bitcoin, Ethereum, and more with trust

PROS

• User-friendly interface that is easy to navigate
• Supports more than 500 cryptocurrency assets
• Multi-signature and 2-factor authentication support
• Backed by a reputable trading platform that can recoup lost or stolen assets

CONS

• Potentially high transaction fees
• Customer service issues
• No access to trade many altcoins

Coinbase Overview

Coinbase Wallet is an excellent wallet for beginners with little to no crypto experience. The app can connect to most major bank accounts and has an interface that is welcoming and easy to navigate, including a simple three-tab layout and recognizable functions. The Coinbase Wallet can store non-fungible tokens (NFTs) and digital collectibles, and it supports over 500 crypto assets – the largest number among the hot wallets on this list.

It is important to differentiate between Coinbase Exchange and Coinbase Wallet. Coinbase Wallet can be used without opening an account with one of the largest cryptocurrency exchanges. It's also non-custodial, meaning its private keys are stored in your device - not Coinbase's servers - so you don't have to worry about your currencies being locked out for any reason or being exposed to cyberattacks on the website. does not need to be done.

Coinbase Statistics

• Coins Supported: 500+ cryptocurrencies, including BTC, ETH, LTC, BCH, DOGE, etc.
• Type of wallet: Hot storage
• Available Countries: 100+ countries like North America, South America, Europe, Asia, Oceania, Africa, etc.
• Mobile App: Android and iOS.
• Insurance: Coinbase maintains crypto-insurance and all USD cash balances covered by FDIC insurance, up to a maximum of $250,000.
• Staking Support: Up to 8% APY in crypto savings
• Blockchain Support: It supports various blockchains like Arbitrum, Avalanche C-Chain, BNB Binance Smart Chain, Gnosis Chain, Fantom Opera, Optimism, Polygon, and xDai.
• Customer Support: Coinbase help page, emailed support, an automated phone system, and a chatbot.
• Regulations: Coinbase is also registered as a Money Services Business with FinCEN.
• Signup Bonus: $5 For US Citizens
• Price: Free

4. Payeer: Buy/Sell Bitcoin, Tether, Ethereum, Litecoin, Dash, Ripple

PROS

• I liked Payeer for the ease of setting up an account and adding a bank card.
• A very wonderful experience, I have used the site for a long time, as it is a site that offers advantages that other sites do not offer.
• I like the fact that you have many types of (crypto)currencies you can choose to receive or send funds to.
• Payeer Merchant is a great payment alternative tool.

CONS

• One of the things that bother me when using the standards is when adding money to the account or withdrawing money from the account. The commission that they deduct is relatively high.
• The other annoying thing is that they do not provide a bank card so that I can withdraw my money directly.
• I have not been able to solve any business problems yet due to the verification process which keeps failing.
• The commission for sending digital currencies is high. The process of depositing through MasterCard and Visa is complicated and was rejected most of the time.

PAYEER Overview

PAYEER Wallet is an online payment processor that provides a simple and affordable way to make online purchases and pay for services through electronic currency. It is one of the most popular payment systems among administrators of HYIP projects. The company was established in 2010. It has 3 offices: Headquarters is in Tbilisi, Georgia. Branches are located in Aberdeen, Scotland, and Moscow, Russia.

Payeer.com provides available and free services that help sellers and buyers to protect themselves without limiting the functionality of using money. It is possible to enter currency into an electronic wallet using a variety of methods. Send, receive and withdraw money in many different ways.

Pair Wallet is in demand among online shops and investment projects. It can be easily added to the popular hybrid Goldcoders script. HYIP projects prefer this system. It doesn't need to check any personal data, as Liberty Reserve did in the past. Delegates say accounts are not blocked - sounds good for HYIP administrators.

Payeer Statistics

• Official Website: https://payeer.com/en/
• Headquarters: Tallin, Estonia
• Found in: 2019
• Native Token: None
• Listed Cryptocurrency: BCH, LTC, ETH, BTC, EUR, DASH, etc
• Trading Pairs: Yes
• Supported Fiat Currencies: USD, EUR, RUB
• Supported Countries: 100+
• Minimum Deposit: N/A
• Deposit Fees: Depends on the Payment Method & Currency
• Transaction Fees: Depends on Payment Method & Currency
• Withdrawal Fees: Depends on Payment Method & Currency
• Application: Yes
• Customer Support: Mail & Submit Ticket Support

5. BlockChain: Buy Bitcoin, Ethereum, and more with trust

PROS

• Two wallet options
• Airdrop Program
• Qualified users can earn interest
• Easy to understand and use

CONS

• Does not support new loans
• Limited trading pairs
• Limited technical support

Blockchain.com Overview

Blockchain.com is an online cryptocurrency exchange with an instant matching engine and margin trading features to ensure quick, accurate, and profitable buying and selling of crypto. Blockchain.com also has its own digital blockchain wallet that offers up to 13.5% interest on funds. They also have a Blockchain Explorer feature with customizable analytics and candlestick charts and graphs. Traders can track industry leader portfolios to find out which trades and which currencies may be most attractive currently.

Blockchain.com Statistics

• Blockchain.com Users: Over 83 million wallets were created to buy, sell and earn crypto.
• Deposits USD: Wire Transfers (Domestic), Wire Transfers (International), ACH, Cards
• Third-Party Payment Processor: PayPal, TransferWise (Okay for Deposits), Payoneer, Skrill, The Currency Cloud, Neteller, Venmo, Paysera, Revolut (USD), Western Union
• Blockchain.com's withdrawal limits: withdrawal limits
• Transaction fees: Check Transaction fees
• Blockchain.com charges fees: Check Blockchain Fees
• Blockchain.com's withdrawal limits: Check Withdrawal Limits
• Buy, sell, and swap crypto in minutes: Verify your identity, add a payment method — like a debit card or bank account — and you’re good to go. Want to buy bitcoin? Swap your Ethereum (ETH) for Stellar Lumens (XLM)? Settle on-chain? We got you covered.
• Transfer crypto: Transfer Bitcoin, Ethereum, and other crypto to a Rewards Account, and you'll earn up to 11% in rewards annually, deposited monthly.
• Your keys, your crypto: As they say, not your keys, not your crypto. Blockchain.com Private Key Wallets are the most widely-used wallets for self-custody of your crypto. We make it easy for people who are ready to control their private keys to hold them with a Secret Private Key Recovery Phrase.
• Access your crypto anywhere, anytime: Whether you’re on mobile or on desktop, the Blockchain Wallet is available in 25 languages, supports customers in over 200 countries, and has helped millions of people buy their first bitcoin.

6. TrustWallet: Best Cryptocurrency Wallet | Ethereum Wallet

PROS

• Supports over 1 million cryptocurrencies
• Convenient setup and use on smartphones and some Mac computers
• Easy to buy and stake cryptocurrency directly in the wallet
• Easy and free to download.
• The app supports 53 blockchains and over 1 million assets
• Stakes and earns returns on multiple digital assets.
• The user holds all private keys; no private keys are stored on the wallet’s servers.
• A fully functional Web3 browser that allows decentralized applications (DApps) to be accessed
• NFTs can be stored in the wallet
• Compatible with both Android and iOS systems

CONS

• Desktop support is not available
• There is no documentation about different cryptos included in the program

Trust Wallet Overview

Trust Wallet is an open-source, decentralized, mobile crypto wallet and for new users and investors, this wallet is one of the best crypto wallets that supports over 160K+ assets and blockchains and allows merchants to earn interest on their own. Allows to stake crypto coins. The wallet was originally designed to hold only ERC20 and ERC223 tokens but has now been developed to hold other major cryptocurrencies such as bitcoin. The wallet has a built-in Web3 browser that allows users to purchase cryptocurrencies through a native DEX (decentralized exchange) operating on the Kyber network. It allows users to access various DApps (Decentralized Applications) built on the Ethereum platform directly through the Trust Wallet app.

The Trust Wallet app can be downloaded for free from the Apple Store or Google Play Store. It is also compatible with Android devices as its code is written in the native languages ​​of each platform; iOS Swift and Android's Java. The application runs on iOS 10.0 version or higher and Android 5.0 or higher.

Trust Wallet Statistics

• Official Website: https://trustwallet.com/
• Wallet name: Trust Wallet
• Fees: No transaction fees, but users are responsible for network fees and a variable fee for purchasing cryptocurrency 
• Type of Wallet: Software Wallet
• Coins Accepted: 160K+ Assets and Blockchains
• Native Token: Yes
• Linked Exchange: No
• Supported Hardware Wallet: No
• Supported Countries: Most of All
• Languages: English
• Mobile App: Yes
• Cloud Storage: No
• Cold Storage: No
• Customer Support: Self-help Guide & Articles Support

7. FTX: Cryptocurrency Derivatives Exchange

PROS

• Low fees
• Advanced order options
• Excellent security
• Margin trading
• NFT marketplace

CONS

• Limited support options.
• A smaller selection of cryptocurrencies than some competitors.

FTX Overview

FTX is a cryptocurrency exchange focused on trading, offering a wide range of products including derivatives, options, volatility products, and leveraged tokens. FTX's platform has plenty of features that experienced traders and professional trading firms will find invaluable, yet also offers basic spot trading that newcomers to the cryptocurrency market will appreciate.

FTX Statistics

• Year Founded: 2019
• Official Website: ftx.com
• Main Location: The Bahamas
• Deposit Methods: Wire Transfer, Silvergate Exchange Network (SEN), Signature SIGNET, SEPA, PayID, Credit card, Cryptocurrency
• Deposit Fees: Free
• Fiat Currencies: USD, EUR, GBP, AUD, HKD, SGD, CAD, BRL, ZAR & CHF
• Mobile App: Yes
• Cryptocurrencies Available: BTC, ETH, SOL, DOGE, FTT, BNB, & 300+ more
• Withdrawal Fees: USD: $75 fee (withdrawals under $10,000), BRL: 0.3% + R$10, All other currencies: Free
• Trading Fees: Maker: 0.02%, Taker: 0.07% (discounts for increased trading volume and FTT holders)
• Customer Support: Help page, support tickets

8. Crypto.com: Best Place to Buy, Sell, and Pay with Cryptocurrency

PROS

• Low fees
• Great for crypto payments
• Easy to convert money
• Visa card with cash back rewards
• Earn interest on crypto
• Cryptocurrency selection
• Strong security

CONS

• Difficult to navigate
• Coins aren't universally available
• Poor customer service
• Lack of educational resources

Crypto.com Overview

Crypto.com offers hosted wallets for 250+ cryptocurrencies and tokens, including bitcoin. One reason to have a wallet on an exchange is to swap crypto or trade it for fiat.

For this reason, Crypto.com offers you an aggressive option for spending crypto on your wallet via a Crypto.com Visa card. You can pay for goods and services or withdraw fiat currency from Visa-supported merchant stores globally, including ATMs. Different Visa cards offer different CRO staking percentage income.

Since wallets offer additional trading features such as margin trading and loans, they are also suitable for active crypto day traders. Nevertheless, you can also rely on the platform's additional security features and USA FDI insurance to hold crypto on a hosted bitcoin wallet.

Crypto.com Statistics

• Coins Supported: 250+ cryptocurrencies are available like Bitcoin (BTC), Dogecoin (DOGE), Polkadot (DOT), Ethereum (ETH), and LiteCoin (LTC), and much more.
• Type of wallet: Hot wallet
• Customer Support: Help page, email, 24/7 live chat
• Available Countries: 83+ countries are likely available: Argentina, Austria, Australia, Bahrain, Barbados, Belgium, Bermuda, Brazil, Virgin Islands, British, Bulgaria, Canada, Cayman Islands, Chile, Colombia, Costa Rica, and much more
• Mobile App: Android and iOS.
• Staking Support: You can earn up to 8.5% interest per year on cryptocurrencies and up to 14.5% interest per year on stablecoins
• Blockchain Support: BSC, ERC-20, Arbitrum, AVAXC, BEP2, etc.
• Price: Free

9. eToro: Crypto, Stocks & Beyond! The power of social investing

PROS

• User-friendly app
• Straightforward fee structure
• Demo account
• The platform offers an engaging communal experience
• Users can copy the crypto trading strategies of advanced users
• Cryptocurrency holdings may be transferred off the platform
• Comprehensive educational resources
• Paper trading lets you test out strategies

CONS

• Stock, ETF, and cryptocurrency trading only available in 44 U.S. states
• Margin trading is not available to U.S. users
• Only available in 43 states

eToro Overview

If you are searching for the best crypto wallet in terms of security, asset diversity, and features - eToro stands out from the crowd. First and foremost, in choosing eToro as your go-to wallet provider, you will be using a brokerage firm that is regulated by the SEC, FCA, ASIC, and CySEC. eToro Wallet is also licensed by GFSC.

This means that you can safely store your crypto assets in a secure and regulated environment. As a multi-crypto wallet, eToro allows you to store all your digital currency holdings in one place. Plus, if at any point you want to trade one of your cryptocurrencies for another token - the eToro Wallet supports over 500 pairs.

What we also like about the eToro Wallet app is that if you lose or lose your private keys, you can contact the support team to gain access. In terms of key features, eToro Wallet also offers trading services. This means that you can buy and sell crypto from within the wallet interface. Furthermore, the minimum trade size is only $10.

Furthermore, when you trade crypto on eToro, you only need to pay the spread. eToro also doubles up as a social trading platform. This means that you can copy the buy and sell positions of an expert investor through eToro's copy trading tools.

eToro Statistics

• Year Founded: 2007
• Minimum Deposit: $10-$200
• Mobile App: Android, Apple iOS
• Deposit Fees: Free
• Withdrawal Fees: $5
• Minimum Withdrawal Amount: $30
• Inactivity Fees: $10/Month

Payment Method

• eToro Money: Instant withdrawal
• Credit / Debit card: Up to 10 business days
• Bank transfer: Up to 10 business days
• PayPal: Up to 2 business days
• Neteller: Up to 2 business days
• Skrill: Up to 2 business days
• Trustly: Up to 2 business days
• iDEAL: Up to 2 business days

10. Pionex: Crypto Trading Robot | Free Crypto Trading Bot

PROS

• Over 120+ different cryptocurrencies supported
• 18 free in-built trading bots
• User-friendly, with tutorials to explain each bot
• Live Chat and email customer support
• Extremely low trading fees of only 0.05%

CONS

• No demo account to practice trading

Pionex Overview

Pionex is the world's first cryptocurrency exchange with built-in automated trading bots, first launched in 2019 and has since grown into an international crypto platform.

In total, traders have access to 16 free trading bots that are accessible at no additional charge and enable them to use the tools to automate their trading.

As an established broker headquartered in Singapore with over 100,000 monthly active clients, Pionex manages $5 billion in trading volume each month.

Additionally, Pionex offers competitive trading fees and an innovative mobile app, making it a suitable solution for investors who trade large amounts on the go. Automating your investment strategy using in-built trading bots eliminates the need for you to monitor the market constantly.

Pionex Statistics

• Official Website: www.pionex.com
• Instruments: Cryptos
• Demo Account: No
• Min. Deposit: $0
• Payment Methods: Bitcoin Payments
• Min. Trade: 0.1 USDT
• Mobile Apps: iOS & Android
• Main Location: Singapore
• Mobile App: Yes
• Deposit Methods: Credit card, Apple Pay, Cryptocurrency
• Trading Fees: 0.05%
• Deposit Fees: Crypto: Free, Credit card (Europe): 3.5%, Credit card (non-Europe): 4.5%
• Cryptocurrencies: BTC, ETH, LTC, SOL, DOT, TRX & 120+ more
• Fiat currencies: USD, TWD, EUR, GBP, CAD, AUD, CZK, IDR, MYR, KRW & 13 more

FAQ

What is Cryptocurrency?

Cryptocurrency is a digital currency classified as a subset of alternative currencies and virtual currencies. It is a medium of exchange like traditional currencies like USD. However, it is designed to exchange digital information through a process made possible by certain principles of cryptography. A cryptocurrency is a bearer tool based on digital cryptography.

How do I buy a crypto wallet?

Most crypto wallets are hot wallets, which may require a fee each time a transaction is processed using the wallet. You can buy cold wallets on their respective websites of brands like Trezor, Ledger, Keepkey, and Oppo. Some can be purchased from third-party sellers, such as Amazon, too.

Which are the best and safest Bitcoin wallets?

• Binance
• Coinbase
• Payeer
• FaucetPay

What are the best crypto wallets?

The best crypto wallets offer a good mix of security tools and user-facing features at a reasonable cost. According to our research, some of the best crypto wallets are Electrum, Coinbase, Ledger, Exodus, and Mycelium.