Oct 3rd, 2024 at 17:00
🔎 With new crypto projects and tokens emerging at lightning speed, digital asset security now matters more than ever. This article explores different types of wallets for popular blockchains, focusing on user-friendliness. To learn how to choose a secure wallet, check out our other guide here.
Different blockchains require different wallets, so selecting one to fit your needs is vital. Here are some popular blockchains and wallets to match them.
• Ethereum (ETH) and EVM-compatible chains: Consider Rabby, OKX Wallet, Bitget Wallet, and Trust Wallet.
• Stellar (XLM): This blockchain prioritizes fast and cheap transactions. Lobstr and Stellar Account Viewer are suitable for storing XLM.
• TON (The Open Network): Known for its high throughput and integration with the Telegram ecosystem, TONKeeper is a dedicated wallet. Additionally, OKX Wallet provides TON support.
• Solana (SOL): A high-speed blockchain ideal for decentralized applications, Phantom and Sollet are highly recommended. OKX and Bitget Wallet also offer Solana compatibility.
• Cosmos (ATOM): For seamless interaction with the Cosmos ecosystem and its parachains, Keplr is the optimal choice.
Multi-chain wallets allow you to manage assets across multiple blockchains, which is incredibly convenient if you hold assets on different networks.
• OKX Wallet: Supporting EVM, Bitcoin, Solana, TON, and other blockchains, it caters to both beginners and experienced users.
• Bitget Wallet: Supports EVM, Bitcoin, Solana, and several other networks.
• Rabby: A lightweight and user-friendly wallet for EVM chains with a simple interface.
• Keplr: Specializes in the Cosmos ecosystem.
While Metamask remains a popular choice, here's why some consider it outdated.
Speed and Performance: Metamask can be slower than its counterparts. Modern wallets like Rabby and OKX Wallet offer faster and more stable performance.
Interface Simplicity: Metamask's interface might seem overwhelming for beginners. Alternatives like Bitget Wallet provide a more intuitive user experience.
Support for New Blockchains: Metamask lacks support for many popular blockchains like Solana and TON, unlike modern multi-chain wallets.
Security: While Metamask is actively improving its anti-phishing measures, wallets like OKX Wallet have more advanced security features built-in.
Cryptocurrency wallets are essential for safeguarding your digital assets. Select a wallet based on your specific needs. If you interact with multiple blockchains, multi-chain wallets offer the best versatility. However, if you primarily use one blockchain, a dedicated wallet tailored for that network might be more suitable. Whichever wallet you choose, remember to prioritize the security of your assets above all else.