The most reliable cold storage wallets for cryptocurrency

The most reliable cold storage wallets for cryptocurrency

Due to the fact that cryptocurrencies are popularized more and more every day, the question "Where to store cryptocurrency?" Becomes logical. You can get the answer to this question in this article.

What is a cold wallet


A cold or local wallet is a hardware device that is designed to store cryptocurrency without access to the Internet. This device can be your personal computer, flash drive or hard drive. This method of storing cryptocurrency is considered safer than using online services. This method is especially good for storing large amounts.

To withdraw money from a cold wallet, you will need access to the device, the Internet and transfer to an online service in which you have a cryptocurrency wallet.

Electrum


Electrum is a desktop wallet representative. You can use the wallet on Windows, Linux, OSX and Android. There is an opportunity to download a portable version for installation on a USB flash drive.

Electrum advantages:

  • security;
  • open source;
  • the ability to create a hardware wallet;
  • manual setting of the transaction fee;
  • sending funds to multiple recipients at the same time.

Disadvantages:

  • supports a small number of cryptocurrencies;
  • there is no version for iOS.

List of supported cryptocurrencies:

Electrum wallet instructions


We have prepared detailed instructions for working with the wallet:

  • Downloading and installing Electrum
  • Electrum setup
  • Wallet Instructions
  • How to refill your wallet

Exodus


Exodus is a multi-cryptocurrency wallet for storing and executing transactions. This wallet is a representative of desktop wallets and supports many cryptocurrencies. For example, such as: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, Tron, Binance Coin, EOS and others.

Advantages:

  • there is no registration and verification;
  • responsive support service;
  • mobile application available for Android and iOS;
  • multi-cryptocurrency (supports over 90 promising coins);
  • unloading of private keys is available;
  • an intuitive interface;
  • the ability to create a backup using a seed phrase;
  • dynamic commission, which is set automatically and goes to miners for including a transaction in the next block. It cannot be changed. Exodus does not charge any commission for withdrawals or deposits.

Disadvantages:

  • closed source;
  • only the English version is available;
  • in order to save the seed-phrase, you must first replenish the wallet;
  • it is impossible to set the commission manually.

Exodus wallet instructions


We have prepared detailed instructions for working with the wallet:

  • Setting up Exodus
  • Wallet Instructions
  • How to refill your wallet

Conclusion


Of course, there are many more wallets than are displayed in the article, but we believe that these are the most reliable and best options for cold wallets. If you think differently, be sure to write about it in the comments.

Each of the aforementioned crypto wallets has its own pros and cons. We advise you to carefully weigh the pros and cons before choosing.

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Комментарии (22)

  1. Anzhel 1 December 2022 01: 47

    Maybe someday I'll use these wallets

    A complaint
  2. keifor 17 October 2022 18: 18

    Now, taking into account the blocking of users from the Russian Federation, cold wallets are more relevant than ever if they are needed for storage, today I only monitored the market, there is even a bank plastic card with nfc and a chip, interesting things

    A complaint
  3. Lumin 16 September 2022 11: 15

    Cold wallets are very reliable, but you need to watch so that the child does not accidentally bring the flash drive to school or the wife does not "hid" it securely during cleaning.

    A complaint
    1. Anzhel Yesterday, 23: 08

      Тогда нужно ещё купить и сейф и там хранить)

      A complaint
  4. Wael77 26 July 2022 13: 46

    Thanks for the article Admin!!

    A complaint
  5. Mihhha 29 March 2022 12: 38

    Thanks for the article: I used the Ledger nano for a while and now the application does not open. Windows is outdated.... 

    A complaint
  6. UdayAS8 14 February 2022 15: 12

    Very good informations thanks Richie

    A complaint
  7. levnks 10 January 2022 18: 23

    Thank you for the article! 

    A complaint
  8. Anzhel 15 November 2021 22: 07

    Thank you for the article

    A complaint
  9. kiryamalik 5 June 2021 12: 55

    By the way, I want to try using the exodus wallet. I'll see how it is that
    A complaint
  10. kiryamalik 13 May 2021 08: 22

    Thank you for the article
    A complaint
  11. 4difeer666 17 March 2021 14: 05

    Thanks for the article, no matter how praised exodus, I am still sitting in the blockchain, I'm already too used to it, I consider storing funds on binance as an alternative
    A complaint
    1. ilya28087 6 May 2021 21: 27

      I do not like the blockchain because there is a modest choice of crypt, but on binance, in turn, it is quite convenient for itself to store a crypt, if you wish, you can play as a trader))
      A complaint
      1. Akimskate 6 May 2021 23: 30

        Yes, but there are fewer risks with blockchain, as exchanges tend to scam
        A complaint
        1. 4difeer666 25 November 2021 18: 04

          Now, with the transition of the industry to tezer, I also switched to binance, but I plan to go back to my wallet soon.

          A complaint
          1. Mihhha 1 May 2022 23: 43

            I agree. But I have never heard of a portable version of Electrum with the ability to install a wallet on a flash drive. Thank you for the article. 

            A complaint
  12. Akimskate 17 March 2021 13: 52

    Exodus is really good!
    A complaint
  13. AlexanderKudrya8027 16 March 2021 19: 44

    Thanks for the article, I use exodus very much
    A complaint
  14. n1kto253 16 March 2021 19: 23

    Thanks for the article, useful information!
    A complaint
  15. ilya28087 16 March 2021 19: 07

    Thanks for the article, I myself use the exodus wallet, I advised, by the way, here on the blog. A very convenient wallet and a large number of cryptocurrencies, the version for android is not very convenient, because as for me, it is a little slow, but on a PC it works as it should, regarding the fact that the commission for the transfer cannot be regulated, this is correctly noted, otherwise, if you do not know which wallet to choose then I recommend Exodus.
    A complaint
    1. kiryamalik 12 June 2021 13: 01

      IOS has an app, don't you know?
      A complaint
      1. 4difeer666 13 June 2021 11: 00

        Yes, it's kind of easy to check)
        A complaint