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Nov. 29, 2017

Seven Cryptowallets You Can Start Using Today For Digital Token Storage

By now, most of you are probably familiar with terms such as cryptocurrency and its most notorious currency, Bitcoin. But once you get into the details, many of us familiar with the terms are entirely lost. One significant aspect of digital currencies is the way in which you store those different tokens. At first, Bitcoin miners and traders saved their coins on programs that resided on their personal computer. Quickly, however, third-party online wallets started popping up that allowed users to store their coins on the online service’s server, making the coins accessible from any device.Wallets have continued to evolve as new coins pop up and user desires shift. With each one offering different experiences for the users, it can sometimes take a long time to find a wallet that fits all of your needs. We’ve compiled a list of some of the wallets that we feel are always a solid choice. You can check them out below!

1. Coinbase

Arguably one of the most known wallets, Coinbase is an easy to set up wallet that allows for straightforward storage and coin transfers. It accepts the major coins - Bitcoin, Ethereum, and LiteCoin, with some possible additions in the future. techcrunch.com / Via wordpress.com

Arguably one of the most known wallets, Coinbase is an easy to set up wallet that allows for straightforward storage and coin transfers. It accepts the major coins - Bitcoin, Ethereum, and LiteCoin, with some possible additions in the future.

2. Breadwallet

Not only does Breadwallet have one of the best names for a wallet, but it is a great wallet for beginners in the world of Bitcoin. Easy setup and intuitive design help set Breadwallet apart from many of its competitors.

3. Trezor

A slightly different wallet experience, Trezor is actually hardware that stores your digital funds on what basically amounts to a USB drive. It is designed to sign transactions and keeps your coins safe from hackers and other digital threats. dashmasternode.org / Via dashmasternode.org

A slightly different wallet experience, Trezor is actually hardware that stores your digital funds on what basically amounts to a USB drive. It is designed to sign transactions and keeps your coins safe from hackers and other digital threats.

4. Exodus

The first desktop wallet that had ShapeShift built in, Exodus encrypts private keys and transaction data locally. ShapeShift allows for quick assets transfers from one type of token to another. Exodus is also one of the better looking wallets on the market.

5. Electrum

With Electrum you can store private keys offline and connect with hardware wallets like Trezor. This wallet utilized decentralized servers that help keep downtimes to almost zero. flickr.com / Via flickr.com

With Electrum you can store private keys offline and connect with hardware wallets like Trezor. This wallet utilized decentralized servers that help keep downtimes to almost zero.

6. jWallet

A newer wallet, jWallet is compatible with all Ethereum tokens. Keys are stored locally, you can bring your own tokens, and allows for things like QR code generation. The wallet also includes top level tracking tools for monitoring transactions and value summaries.

7. Mycelium

Another one of the more known wallets, Mycelium lets users send and receive Bitcoins quickly through the app. It also allows for cold storage integrations with hardware wallets like Trezor above.

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