The cryptocurrency market is exploding with new altcoins every day. New altcoins present lots of new trading opportunities. Exchanges are rushing to support these altcoins with blazing speed. However, as we’ve seen by numerous hacks, exchanges are NOT the safest way to store your altcoins (or any coins for that matter).

When it comes to choosing the best way to store your altcoins, many factors come into play. It’s important to protect your tokens but it’s not always clear which altcoin wallet supports your newly purchased token. Whether you’re looking for an altcoin wallet that supports a top 10 token, ERC20, or many others, this list will help you choose the right altcoin wallet for you. The below list showcases the 9 best available altcoin wallets on the market starting with #1.

9 Best Altcoin Wallets to Store Your Crypto

 

Ledger Nano S - altcoin wallet

 

1. Ledger Nano S

Great, affordable altcoin wallet that provides you a safe way to store your crypto. It is a leader in the industry when it comes to security and supported coins including the top five cryptocurrencies by market capitalization and all ERC20 tokens. The company was founded in 2014 and is headquartered out of Paris, Vierzon, and San Francisco. It has a team of 80 employees building products for individuals and companies. Ledger wallets are sold in in 165 countries worldwide. 

  1. Altcoin Wallet Type – Hardware
  2. Cost – ~$109 USD (€79.00)
  3. Ease-of-Use – Intermediate
  4. Accessibility – Need to have hardware device on-hand in order to access crypto
  5. Security – Very secure. Need the physical device to access crypto and need to have pin code in order to access the device
  6. Altcoin Wallet Supported Coins – 500+ coins (Bitcoin, Ethereum, Dash, Litecoin, Bitcoin Cash, Stellar, Pivx, and even XRP!)

 

Trezor - altcoin wallet


2. Trezor

This is the second most popular hardware wallet on the market holding 4 out of the top 5 cryptocurrencies by market cap and allows you to safely store all ERC20 tokens. This is a great wallet to have for anyone buying into ERC20 token ICOs. Satoshi Labs (which owns Trezor) was created in 2013 and now boasts a strong team of 22 employees based in the Czech Republic.

  1. Altcoin Wallet Type – Hardware
  2. Cost – ~$123 (€89.00)
  3. Ease-of-use – Intermediate
  4. Accessibility – Need to have hardware device on-hand in order to access crypto
  5. Security – Very secure. Need the physical device to access crypto and need to have pin code in order to access the device
  6. Altcoin Wallet Supported Coins – 500+ coins (Bitcoin, Litecoin, Dash, Zcash, Bitcoin Cash, Bitcoin Gold, Ethereum, all ERC20 tokens, Ethereum Classic, Expanse, UBIQ, NEM, Namecoin, Dogecoin and Bitcoin Testnet)

 

MEW - altcoin wallet

 

3. MyEtherWallet

This is an Ethereum wallet interface. You can access your wallet by typing in your private key correctly but this is not recommended by the site. It’s best to partner the interface with a hardware altcoin wallet likeLedger Nano S or Trezor to make sure your tokens have added security. This altcoin wallet supports Ethereum and all ERC20 tokens. It is by far the most popular way to contribute to ICOs and receive your tokens from ICOs that are ERC20 tokens.

  1. Altcoin Wallet Type – Online
  2. Cost – Free
  3. Ease-of-Use – Intermediate level. Not ideal for beginners
  4. Accessibility – Any desktop computer
  5. Security – This is a client-side interface. Security level is dependent on how you access your wallet (can use a private key which is less secure or access using a Trezor or Ledger which offers more security)
  6. Altcoin Wallet Supported Coins – 500+ total coins (all ERC20)

 

Eidoo - altcoin wallet

 

4. Eidoo

This altcoin wallet currently supports Ethereum and all ERC20 tokens. Its user interface is easy to follow for a beginner, but it doesn’t offer a lot of security. With only a simple username and password needed to access your account, a simple keylogger could gain access to your account. Security leaves something to be desired if you are planning to store a lot of money in an altcoin wallet.

  1. Altcoin Wallet Type – Mobile
  2. Cost – Free (make money off of exchange use)
  3. Ease-of-Use – Mobile-friendly user interface that allows anyone to easily transact by sending or receiving
  4. Accessibility – On iOS or Android devices
  5. Security – Private keys are managed by the user and encrypted on the device. No central database to hack (less secure)
  6. Altcoin Wallet Supported Coins – 500+ total coins (all ERC20)

 

Exodus - altcoin wallet

 

5. Exodus

This altcoin wallet is very clean and easy to access since it sits on your desktop. It stores 10+ of the most popular digital currencies available. For a beginner, it has an easy user interface to understand but lacks security measures if you’re planning store high amounts of cryptocurrency.

  1. Altcoin Wallet Type – Desktop
  2. Cost-Free (makes money off of the exchange use)
  3. Ease-of-Use – Beginner friendly! Made for people who have never used an exchange before.
  4. Accessibility – On Windows, Mac, Linux
  5. Security – The company manages your private keys and encrypts them. A wallet is only as safe as the computer that it is stored on (less secure)
  6. Altcoin Wallet Supported Coins – 10+ total coins (Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, OmiseGO, Ethereum Classic, EOS, Salt, Golem, and more)

 

Jaxx - altcoin wallet


6. Jaxx

This altcoin wallet was built in 2014 by Ethereum Co-founder Anthony Diiorio. It’s easily accessible on all major platforms and offers storage for 10+ digital currencies. You control your private keys which is a plus but it leaves room for security to be improved. With desktop and mobile applications, you can access your cryptocurrency anywhere with this altcoin wallet.

  1. Altcoin Wallet Type – Desktop/Mobile
  2. Cost – Free
  3. Ease-of-use – A friendly user interface with more advanced trading features (intermediate)
  4. Accessibility – On iOS, Android, OSX, Windows, Linux, Chrome Browser extension
  5. Security – You control your private keys. Backup phrases. No 2FA option (less secure)
  6. Altcoin Wallet Supported Coins – 10+ total coins (Bitcoin, Ethereum, Litecoin, Dash, Zcash, Augur, Salt, Civic, Qtum, Blockchain Capital, Bancor, and more)

 

KeepKey - altcoin wallet

 

7. KeepKey

This wallet is newer on the scene but is part of the Shape Shift Company so it is backed with an added layer of trust. Eric Voorhees is the CEO of Shape Shift which received very early stage funding from other notable names like Roger Ver, Digital Currency Group, and Bitfinex. It provides a hardware solution that allows you to safely store your Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dogecoin, Dash, and Namecoin.

  1. Altcoin Wallet Type – Hardware
  2. Cost – $129
  3. Ease-of-Use – Intermediate
  4. Accessibility – Need to have hardware device on-hand in order to access crypto
  5. Security – Very secure. Need the physical device to access crypto and need to have pin code in order to access the device
  6. Altcoin Wallet Supported Coins – 7 total coins (Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dogecoin, Dash, and Namecoin)

 

Edge - altcoin wallet

 

8. Edge

This wallet is new compared to most but is attempting to be the easiest and most secure mobile wallet solution available. It was founded in 2014 by a group of security experts and crypto enthusiasts in San Diego. It currently has 12 employees including its Chief Office Dog, Kubuntu.

  1. Altcoin Wallet Type – Mobile
  2. Cost – Free (makes money off of exchange use)
  3. Ease-of-Use – Beginner friendly!
  4. Accessibility – On iOS or Android devices
  5. Security – Private keys are managed by the user and encrypted on the device. No central database to hack. 2FA Available (secure)
  6. Altcoin Wallet Supported Coins – 7 total coins (Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, Augur REP, and Wings)

 

Coinbase - altcoin wallet

 

9. Coinbase

Coinbase is the most trusted exchange in the USA and arguably the world. It is VC backed by trusted companies in the San Francisco area like Andreesen Horowitz, SV Angel, and Y Combinator. It allows for an easy way for beginners to purchase their first Bitcoins. Coinbase sits last on this list because it currently only supports four cryptocurrencies. Good news is they’ve announced they will be adding support for ERC20 tokens, but it is still unclear which ones those will be.

  1. Altcoin Wallet Type – Exchange/Online/Mobile
  2. Cost – Free (Coinbase makes money through exchange fees)
  3. Ease-of-Use – Beginner friendly!
  4. Accessibility – On iOS, Android, browser access
  5. Security – 2FA, can put Bitcoin into vault storage for added security, Coinbase holds your private keys (secure)
  6. Altcoin Wallet Supported Coins – 4 total coins (Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and some ERC20 in future)

 

Do you think there should be another altcoin wallet added to this list? If so, comment in the notes below.

 

Best Cryptocurrency Exchanges 2018

 

 



    5 replies to "9 Best Altcoin Wallets to Store Your Crypto"

    • Nadine

      Appreciate this . Have you heard of Metamask , a Chrome & Firefox extension.
      Connect to MEW , have seed words to recover account ..

      My weakest arena was pc skills until needing to learn crypto ..
      No rocket scientist & would love help while residing in Israel…
      Do believe Metamask is great , hopfully helps & it’s free

      Love & gratitude always ,
      Nadine – Ty…
      xoox

      • TJ Mattai

        Thanks Nadine. Yes, Metamask works great as well and works with multiple sites. The term “wallet” in crypto doesn’t really apply as they do in the fiat world. We’ll be producing a new article on wallet definitions amongst other things to help provide more clarity to users in the space. Stay tuned!

    • Sean Spencer

      Unfortunately not entirely secured when considering flaws in its blockchain coding. There is still coding flaws detected by a 15 year old hacker. Weak coding was found in the Ledger Wallet Nano S. There are still security coding upgrades required. Particularly vulernarable with mobile devices or cell phones.

      A Wallet from Penta Security resembles a credit card and uses advanced key storage with multiple authentication features that are tied to the user’s mobile device.

      however it would be even better to solidify the layers of authenticity with security features linked to biometrics as a form of blockchain security construct.

    • Debo

      Gemini

      • TJ Mattai

        Hi Debo – Gemini is an exchange which holds custody of private keys for users. They only support BTC & ETH at this time, thus we wouldn’t consider it an “altcoin wallet”. We’ll eventually be producing an exhaustive list of ALL wallets soon.

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