Tell me if you've heard this before: 'DON'T LEAVE YOUR FUNDS IN YOUR EXCHANGE WALLETS. WITHDRAW THEM TO YOUR OWN PRIVATE WALLET WHERE YOU CONTROL THE KEYS'. Sound familiar? Well, it's true withdrawing your funds is something you should definitely be doing if you're holding anything more than a few hundred dollars worth of cryptocurrency given the much higher risks you incur by leaving them on exchange. You risk getting hacked yourself, the exchange could get hacked, there could be fraud on the exchange, the code on the exchange could be shit, the exchange could be insolvent, or the exchange at any time might decide to not allow you to withdraw for whatever reason they choose.

Which Crypto Wallets to Choose?



Perhaps one of the more annoying things cryptocurrency traders & HODLers have to deal with is having to store cryptocurrencies, most of which have to be in their own independent wallet. On top of having to withdraw each currency, research needs to be done about the best wallet option for each cryptocurrency, and you'll have to store all your private keys, logins, seeds, and passwords safely for each cryptocurrency.

I'm going to help try to relieve part of this burden by recommending the best cryptocurrency wallets for each major cryptocurrency. My recommendations are going to focus on security rather than simplicity or ease of use. They won't necessarily be the most secure option to use in each case, but all these options are regarded as among the most secure.

Before I delve into my recommendations, you should note that there are multi-currency wallets that have been developed by external parties. To simplify things, companies have been successful in doing this essentially by adding an extra 'layer' to their wallets in order to be able to support multiple cryptocurrencies. This is inherently more risky & less secure by nature as a result. Since I'm prioritizing security, you'll notice no multi-currency wallets are on this list. That's not to suggest multi-currency wallets are unsecure. In my opinion, they just aren't quite as good as the options I've indicated below. Storing in a multi-currency wallet is far, far more secure than storing on an exchange or in many web or mobile wallets, so for many people multi-currency wallets like Exodus and Jaxx, both highly regarded (the former more so than the latter), can be great options. It's worth noting that even these multi-currency wallets are missing support for many leading cryptocurrencies such Iota or Monero. So even if you use multi-currency wallets, you'll still need additional wallets for currencies that aren't supported.

Best Crypto Wallets List - 2018



Bitcoin - Electrum (one of few wallets to support Segwit)

Ethereum - MyEtherWallet

Ripple - Ripple Desktop Wallet

Bitcoin Cash - Electron Cash

Cardano - Daedalus (in fact, right now, Daedalus is your only option)

Litecoin - Electrum-LTC

Stellar - Stellar Desktop Client

NEO - Neon wallet (you'll also be able to stake your NEO in here and earn free GAS)

EOS - MyEtherWallet EOS is an ERC-20 token (runs on Ethereum blockchain)

IOTA - IOTA Light wallet

NEM - NEM Nano Wallet

Dash - Electrum Dash

Monero - MyMonero

Ether Classic - Classic Ether Wallet

Lisk - Lisk Nano

Tron - MyEtherWallet. Tron is an ERC-20 token (runs on Ethereum blockchain)

Tether - Never buy or hold tether, not even temporarily. For more info follow Bitfinexed

Nano - Nanowallet

Finally, another highly secure option for multiple cryptocurrencies is using a hardware wallet. There's 2 main options: Ledger or Trezor. Personally, I recommend Trezor between the two as a serious flaw has been discovered in all ledger hardware wallets - https://thenextweb.com/hardfork/2018/02/06/cryptocurrency-wallet-ledget-hardware/ .

Let me know your thoughts below!