Investors usually buy and hold crypto tokens rather than trade them on crypto exchanges. For such investors, the need for a trustworthy crypto wallet cannot be overemphasized.
If you’re holding you crypto assets in a private wallet whether hot or cold, it is advisable that you get a reliable one. The wallet you get eventually also depends on the kind of crypto assets you have, that is your portfolio.
Certain wallets hold some benefits for holding certain crypto coins or tokens, and it’ll do you good if you use such wallets with those tokens.
In this guide, we focus on AAVE, the native crypto token for the Aave liquidity protocol. You’ll find that there are many things you can do with the token if you have the proper wallet. Considering this, the following are the top wallets you should use for your AAVE tokens.
Trust Wallet
Trust Wallet is a wallet that has earned its name over the years. It is a trusted hot wallet for securely holding a wide range of crypto assets. With over a million assets supported from over 100 blockchains, Trust Wallet is definitely a versatile wallet that altcoin investors can’t resist.
You can use the wallet for many things, including staking of tokens, including AAVE. Through staking, users of this wallet can earn rewards on their assets without lifting a finger. You can also use the wallet to buy and hold non-fungible tokens (NFTs) seamlessly.
At the same time, there are many other features you’ll find that make this wallet so popular, such as support for hardware wallets.
Metamask
Metamask is the wallet for web3. Known as an excellent browser extension wallet, it can be used with several blockchains, including Ethereum, Binance Smart Chain etc. By simply connecting the wallet via a website, you can interact with decentralized applications (dapps) on these blockchains.
Of course, it supports a large number of tokens that are supported by any of the blockchains, therefore it supports many interesting tokens including AAVE. You can use it to stake, trade, buy and hold NFTs etc, right within.
The wallet also comes as a mobile app for Android and iOS devices, and can be used with hardware wallets such as Ledger and Trezor.
Coinbase Wallet
This is a trusted non-custodial web3 wallet separate from the Coinbase exchange you know, even though they all belong to the same company. You can use it to stake AAVE via the Aave app so that you can start earning rewards.
This is a wallet that gives you full control over your portfolio, so it doesn’t pose any security risk. You can also use it to swap tokens at any time, with hundreds of crypto assets supported. You can also buy and hold NFTs on this wallet.
It is available as a mobile app for Android and iOS devices, but it is also available as a browser extension just like Metamask.
Ledger Nano X
Ledger wallets are generally cold hardware wallets used to hold your portfolio offline. These are particularly suitable for those who simply buy and hold crypto assets. We recommend Ledger Nano X out of all because it is the most advanced.
You can use it with a mobile device rather than a computer because of the Bluetooth connection it has, unlike the others which don’t have this feature. You can also stake AAVE using this wallet and earn rewards, as well as buy and hold NFTs.
Atomic Wallet
Atomic Wallet is another non-custodial wallet you can use to hold your AAVE safely. It is a wallet that gives users full control over their portfolios, and is versatile, with over 1,000 supported crypto assets.
This makes it the wallet for altcoin investors, and you can stake 24 crypto assets with it, including AAVE to earn up to 20% APY. the wallet is also compatible with hardware wallets which you can connect to access your portfolio.
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