Top 3 Mobile Wallets (PROTECT Your Crypto Gains)

Posted 1 min ago | by Catoshi Nakamoto

The oldest wallet ever discovered belonged to Otzi, a man who lived in Austria in the year 3300 BC and it was made out of a goat skin … and sadly it was empty when scientists found him in the year 1991. But if Otzi was alive today I’m certain he would be a crypto degen in this modern world. You know why? Because he hunted BEARS. Just look at his outfit. Savage. But Otzi would need a new way to carry his coins and in this video we’re going to go over the best mobile crypto wallets available.

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Let’s get it.

Welcome to Bitboy Crypto, home of the BitSquad, the largest and greatest crypto community in all the interwebs. My name is Ben. Every day on this channel I show you how to make money in Crypto. If you like money and crypto, be sure to hit that subscribe button. In this video we take a look at my top three mobile crypto wallets.

We talk about coins, bags of coins and moon bags of coins all the time on this channel. But where should you actually KEEP your precious tokens? If you are doing long term storage you want a cold wallet like a Ledger NanoX, which you can get a deal on at bitboycrypto.com/deals. But if you want to keep some of your tokens at the ready, for trading or buying, then you’ll want a mobile wallet. It’s much safer than keeping your bags on an exchange like Coinbase, but keeps your loot at the ready instead of in cold storage. A mobile wallet is one that is on your cell phone so your funds are only as secure as your phone. Keep that in mind.

First up is Trust Wallet. They are here to save you from Cefi. Trust Wallet is the official wallet of Binance and it’s one of the few ways you can buy BNB directly with your debit card. That’s very handy for doing anything on BSC and Pancake swap. While Binance is the largest exchange in the world, Trust wallet is a non-custodial wallet. In fact, all of the wallets on this list are. That means the wallet is not tied directly to an exchange. Your coins live in their own ecosystem that only your wallet can access.

Trust wallet supports a literal universe of tokens, a lot of them obscure. So if you’re a BSC degen and need to store your Thunder Token or Callisto, Trust wallet is the way to go. But Trust wallet isn’t just for crypto storage, it has a built in DEX for swapping on the Binance Smart Chain and staking for popular coins like Cosmos and Algorand. It also has built in NFT support for Ethereum and BSC NFTs. There is also deep support for a whole ecosystem of stablecoins including True USD, Tether and Binance USD. That’s important because being able to easily swap out stablecoins can make your defi experience that much faster.

Second is easily the most beautiful crypto wallet out there, Exodus. Their UI is, in a word, STUNNING. Both for desktop and mobile. You can enjoy this top shelf crypto experience on any operating system out there, including Linux. But the experience you get with Exodus isn’t a mistake, it’s on purpose. The co-founder and president, Daniel Castagnoli is in charge of “emotional design” and has worked for Apple, Nike and Louis Vuitton to name a few. And that’s perfect because I’m very emotionally attached to all my cryptos.

Exodus has been around since 2015 so they’ve been watching crypto grow into the world changing force we know today. But Exodus isn’t just a slick UI filled with emotions, it’s hardcore tech to keep your crypto secure. To date there has never been a hack on Exodus and the team has put out over 200 updates to the app since it went live. There are security updates every two weeks so no new threats are able to penetrate Exodus purple Features. It’s important to know that unlike a lot of other crypto companies, Exodus is publicly traded. They are listed as a class A common stock that you can buy on secondary exchanges starting on September 14^th. If you want to get in ahead of that, Exodus is using Algorand to offer tokenized stock in the form of the EXIT token. You can only get EXIT in Exodus.

Third wallet in our list and a channel favorite is Crypto.com. Their mobile wallet for android and iphones is one of the best in the industry. It’s a mobile wallet that offers the security of being a non-custodial wallet but also the flexibility of not just having a centralized exchange on Crypto.com but also access to the crypto.com Defi. Now it’s important to note that Crypto.com exchange and Defi are two different apps so you’ll need to swap money between the two but the process is extremely fast. Just like Exodus Crypto.com wallet also offers staking many popular cryptos including Bitcoin, Polkadot, Dogecoin and Elrond to name a few. The staking rewards scale up with how much CRO token you hold in the app so the more you grow your CRO, the more passive gains.

Those gains are turbo charged if you hold the Crypto.com visa card as well. The crypto.com wallet also gives you crypto tracking tools right in the app, showing you trends and price details that you normally only get on websites like Coinmarketcap. You can even set alerts for when a certain crypto makes a move to the up or downside or hits a price target so you can scoop up some deals or take some profits. It’s well know that the investing practice called Dollar Cost Averaging or DCA is a tried and true way to take the emotion out of investing and protecting your portfolio. Crypto.com has a built in DCA system that you can set up for your preferred schedule and dollar amounts. Weekly, Bi-weekly, Monthly in chunks as small as $50. You can have up to 5 DCA buys set up in your account, so you can DCA into Bitcoin, Ethereum, Link, Luna and Solana on whatever schedule works for you. Last but not least you can purchase cryptos with cash right from Crypto.com and you can take your pick from hundreds of tokens.

Crypto is fun and exciting but always do your own research when choosing a wallet and make sure it works for you. All of these wallets require a 12, 18 or 24 word passphrase as a final security measure so in case your phone falls out of your pocket and breaks on the floor of your local Lamborghini dealer…don’t worry, your cryptos are still safe on the blockchain and just need that passphrase to recover them. Check out bitboycrypto.com/deals for some sweet discounts on some of our partnered wallets.

But that’s all I got. Be blessed. Bitboy out.

Source: https://thebittimes.com/top-3-mobile-wallets-protect-your-crypto-gains-tbt3030.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger_cam

Category: Cryptocurrency News

Post by: TheBitTimes.com