A hot wallet or software wallet is a type of cryptocurrency wallet which is constantly connected to the Internet and runs on it. In other words, it is an online wallet. You can send and receive cryptocurrencies via a hot wallet, interact with DeFi apps, store your NFTs and play crypto games!
Exodus wallet is best known for its incredible user interface. Exodus is a multi-crypto wallet that supports more than 150 crypto assets. Here is the full list of available coins and tokens on Exodus. It is extremely user friendly and is offered in both mobile and desktop versions. Also, 24/7 customer support is available in Exodus, so it is a suitable option for beginners.
Exodus has a built-in cryptocurrency exchange, and it also supports QR codes for wallets. It will automatically check wallet addresses so it can prevent you from sending assets to the wrong type of address. Exodus also supports many DeFi dapps like Compound, and you can even earn staking rewards on this wallet.
Atomic wallet, too, is one of the beginner-friendly options; it has a great user interface and is offered in both desktop and mobile versions. Atomic is also a good option for privacy enjoyers. No account, no verification, no KYC needed whatsoever! Customer support is also offered in two options: live chat and email. Atomic wallet supports more than 300 crypto assets. The list of all cryptos supported on this wallet is available here.
This wallet offers staking for multiple crypto assets like ADA and ZIL and provides the option to purchase crypto with fiat. However, keep in mind that the fees are not the lowest; the minimum fee is $10! Atomic offers a built-in crypto exchange, making it possible to swap over 60 pairs anonymously AND get a 1% cashback!
Trust wallet is best optimised for smartphones. It supports tons of assets - in fact, it supports more than 160,000 cryptos! All ERC-721 and ERC-1155 tokens and NFTs are supported here, so it is heaven for NFT enthusiasts. Trust wallet has been Binance’s official wallet since 2018. It is possible to purchase cryptocurrencies with fiat money with its built-in crypto exchange. Over 40 different blockchains are supported in the Trust wallet, and here’s the complete list of supported assets on this wallet.
Trust wallet has a browser in its app that can be used to interact with many dapps from many categories; DeFi, gaming, you name it. It is even optimised for NFT gaming! Trust also supports staking for various coins via the Venus dapp; CAKE, BNB, Cosmos, Tezos, Tron and even the king crypto itself: Bitcoin!
Metamask is a well-known browser extension wallet. The extension is available for Chrome, Brave, Firefox and other Chromium-based browsers. Unfortunately, Metamask only supports Ethereum-based tokens and assets. Still, that counts as a giant number of tokens. Metamask acts like a bridge between your Internet gateway (AKA browser) and Ethereum blockchain. It is highly optimised for DeFi apps built on Ethereum like Uniswap, Compound, etc.
Since Metamask is an Ethereum wallet, it has integrated with many Ethereum-based dapps: AAVE, Axie Infinity, Synthetix and even NFT marketplaces like Rarible and OpenSea. It makes them work even more seamlessly via this wallet. Metamask also has a huge community of developers who ensure the source code functions appropriately and regularly updates the code.
You should check our other articles if you’ve found your dream wallet in this post! Here at Cryptologi.st, we provide everything you need to make successful decisions for everything crypto. Check out our news page for coin reviews, top picks, project overviews and many more!
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