Crypto wallets are important for proper management of crypto assets. Depending on which assets you are interested in, you can make your choice of a wallet to suit what you intend to use it for.
For Bitcoin Cash, there are many wallets you can use, mainly multi-asset wallets. However, you need proper guidance to make the right choice. This is especially important if you’re a new investor just entering the crypto space.
You should get a wallet that is simple and easy to use, so that you don’t make unnecessary mistakes that can cost you your investment. With this in mind, here are the best wallets you can use for your Bitcoin Cash (BCH).
Ledger Nano X
Ledger Nano X is a hardware wallet produced by Ledger, a crypto security company. It is one of several wallets made by the company, which provides cold storage for crypto assets. Because of the cold storage, the wallet is highly secure and effective at keeping thieves at bay.
One reason this one is the choice wallet is because it has support for Bluetooth connection, which makes it possible for you to access it even on your mobile devices. You may also access it on your desktop using the Ledger Live App.
The wallet supports over 5,000 other assets apart from BCH, so you can easily swap assets within it. It also supports non-fungible tokens (NFTs) for those interested.
Bitcoin.com
This wallet was created by the founders of BCH themselves, so there is no better alternative anywhere for storing BCH. It is a secure mobile wallet you can use to store, buy, and sell crypto assets on the go.
It has a tracking feature that allows users to have their hands on the pulse of the market and its trends. You can create saving and spending wallets right within the Bitcoin.com wallet as well as track your spending easily.
As a beginner-friendly wallet, it is simple in design, with 24/7 live chat for customer support. However, it only supports a few other assets as it was mainly created for BCH.
Electron Cash
Simplified Payment Verification (SPV) wallet for storing BCH, making it another wallet designed primarily for BCH. It works like a full node wallet, but the lightweight version, which allows users to view transaction verification on the blockchain without having to download the full BCH transaction history.
Users can also switch their assets to cold storage and can be modified for multi-signature use to enhance security. It works on Windows, macOS, Linux, Android, and iOS devices, giving a wide range of users the opportunity to use it.
However, this wallet supports BCH only, so there’s no room for swapping of assets within it at any time.
Exodus
Exodus is a popular wallet that is used by altcoin investors, including BCH holders. It is a non-custodial wallet that you can use to hold and manage your crypto portfolio across platforms. These include desktop, Android, and iOS devices.
The wallet also supports hardware wallets, so you can use it to access your portfolio on hardware wallets such as Ledger, Trezor, etc. You can also use Exodus wallet to stake your crypto assets and earn rewards on them.
Being a powerful web3 wallet, it also supports NFTs so that you can buy and trade NFTs directly from the wallet without going out of it.
Trust Wallet
Trust wallet is a multi-asset wallet that supports millions of crypto assets. It also supports assets from over 100 blockchains, making it one of the most diverse crypto wallets you can find. You can easily use it to swap assets on the go.
The web3 wallet also supports NFTs and is armed with a dapp browser that you can use to browse the hottest dapps online. You can also use it to stake your tokens and earn rewards, just like Exodus.
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