The TOP 5 BEST ALTCOIN wallets: an overview

josephnyl (35)in #cryptocurrency • 7 years ago (edited)

I want to share this guyzzz :)

Want to invest in more than bitcoin but have no idea how to manage different coins effectively?
I've got you covered!
In this post I'm gonna give you an overview of the BEST altcoin wallets out there. I will be ranking them based on amount of different cryptocurrency supported, ease of use, and security.

Lets go!

1 - Coinomi

Coinomi is the absolute winner of altcoin wallets. Coinomi by far supports the most cryptocurrencies out of any wallet on this list. It has the shapeshift.io exchange built in and just works flawlessly. You get a clear overview of all your balances, and Coinomi combines this balance so you can see exactly how much your crypto is worth. Coinomi is open source, stores your private keys locally and encrypts them. This makes it a really safe wallet. They are big on privacy and their software is built around making sure that nobody can trace your transactions back to you. The only downside: Currently only available on android. They have announced that iOS and desktop clients are coming, though. Once theyre here, the other wallets will have a lot of work to do to catch up to Coinomi.
2 - Jaxx

Jaxx is a multiplatform multicurrency wallet. The private keys are stored on your device. It has a beautiful UI, is really sleek and easy to use, and has shapeshift built in. What's great about Jaxx is that it supports every major platform. Desktop clients available for Mac, Windows and Linux. Mobile clients available for iOS and android, and hardware wallet support coming soon. Jaxx is completely open source, so you can check exactly what the application is doing. The jaxx team also is actively adding new coins and one of their missions is to "unite" cryptocurrency and offer a platform that is safe, easy to use and has wide support. It's already very good, but the team seems motivated to make this wallet take my number one spot.
3 - Agama

Agama is a desktop multi-currency wallet in early beta, available for Mac, Windows and Linux made by Supernet.org. Agama offers native support for 12 different cryptocurrencies. You own your private keys with this program, but they are stored as a wallet.dat file on your computer and are not encrypted. This means you have to be vigilant while using this wallet, and it's probably the reason why they have this disclaimer on their website: "Agama Wallet is in early development phase, but already publicly available for testing. It is safe to use, but proper backups should be taken. We recommend you not to use it as a primarily wallet for your cryptocurrencies." I'm still listing it though, because even though they are early in development, they already support a good amount of coins, and their program looks really sleek. You can run the program in multiple modes. You can either download the blockchain of every coin that youre using, giving it fast and reliable performance, or you can run it in basilisk mode, where you don't download the blockchain, but the wallet is a bit slower. They have an exchange built in called EasyDEX, which is an exchange that utilises atomic swaps (user to user swaps). For an early beta this looks really promising, so keep an eye out for this one!
4 - Cryptonator

Cryptonator is a web-based multicurrency wallet. It has a built in exchange for BTC, LTC, DOGE, PPC, DASH, XMR, ZEC and BLK. This wallet is easy to use but your private keys are not yours. The company has them for safekeeping, and technically has control over your funds. Cryptonator claims that they store 90% of their crypto in remote servers disconnected from the internet, and they use HTTPS and encrypt critical data with the SHA-256 algorithm. As long as cryptonator stays honest, your coins are safe.
5 - Exodus

Exodus is a desktop multi-currency wallet. It supports Mac, Windows and Linux. The wallet is easy to use, you have control over the private keys, and exodus even encrypts them for you. Exodus has the shapeshift.io exchange built into the wallet, so that you can exchange your cryptocurrency with one click. Exodus also removes the need for a portfolio tracker, because they have live charts of your entire wallet. The wallet looks sleek and is really responsive. My only wish would be for them to add more cryptocurrencies, but it doesn't look like that is in their roadmap. On their website they explain that they are only interested in assets that are on shapeshift and are in the top 20 for market cap. This leaves out a very big amount of cryptocurrency with potential.