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Best Crypto Wallets in India 2024 - Safe and Secure
To keep your digital assets secure and easily accessible, you'll need a reliable crypto wallet.
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To keep your digital assets secure and easily accessible, you'll need a reliable crypto wallet. In this comprehensive guide, we'll explore the top 10 crypto wallets available in India for 2024. Whether you're a seasoned crypto enthusiast or just starting your journey, we've got you covered with the best options to consider.
Our Top Picks for Crypto Wallets
MetaMask is not just a wallet; it's an entire ecosystem designed to make interacting with blockchain technology as seamless as possible. Known for its compatibility with a wide range of cryptocurrencies, MetaMask allows users to manage, trade, and securely store their digital assets with ease. Its intuitive interface and robust security measures make it the top choice for both beginners and experienced users.
Ledger Live provides users with a hardware wallet that keeps their private keys offline, protecting them from online threats. It's particularly popular for users who prioritise keeping their crypto assets offline to minimise security risks. Ledger Live supports a wide range of cryptocurrencies, including NFTs, and offers features like portfolio tracking and trading through partner exchanges.
Trust Wallet is the perfect choice for beginners entering the world of cryptocurrencies. It offers a simple and intuitive mobile app that's easy to use while providing essential features for managing digital assets. This wallet supports a variety of cryptocurrencies and is a great starting point for anyone new to the crypto space.
Exodus is known for its stunning and intuitive interface. It's an excellent wallet if you primarily deal with Bitcoin. It also supports a variety of other cryptocurrencies, making it a well-rounded choice for Bitcoin enthusiasts.
S.No
Wallet
Supported Cryptos
Processing Fees
Ease of Use
1
Ledger Live
Over 1,000
Varies depending on the cryptocurrency
Highly rated for ease of use
2
Trust Wallet
Over 1 million
Low transaction fees
Easy to use, especially for beginners
3
MetaMask
Over 500
Low transaction fees
Easy to use, especially for interacting with decentralised applications (DApps)
4
Exodus
Over 200
Varies depending on the cryptocurrency
Easy to use, with a user-friendly interface
5
SafePal
Over 1,000
Varies depending on the cryptocurrency
Easy to use, with a focus on security
6
Bitget Wallet
Over 1,000
Varies depending on the cryptocurrency
Easy to use, with a focus on trading
7
Zerion Wallet
Over 500
Low transaction fees
Easy to use, especially for managing multiple crypto assets
8
Solflare
Solana and Solana-based tokens
Low transaction fees
Easy to use, with a focus on the Solana ecosystem
9
MEW crypto wallet
Ethereum and ERC-20 tokens
Varies depending on the cryptocurrency
It can be difficult to use for beginners but popular with experienced users
10
Trezor Suite Lite
Over 1,000
Varies depending on the cryptocurrency
Highly rated for security, but can be difficult to use for beginners
Ledger Live is a desktop and mobile app that works with Ledger hardware wallets to provide a secure and convenient way to manage and transact cryptocurrencies and NFTs. It is a secure and user-friendly app that allows you to buy, sell, swap, stake, and manage your crypto and NFTs. Since it is compatible with Ledger hardware wallets, it provides an extra layer of security for your assets.
It supports over 50 networks and 6,000+ tokens such as Bitcoin, Ethereum, Binance Coin, Ripple, Bitcoin Cash, Litecoin, Tezos, Stellar, Polkadot, Tron, EOS, Ethereum Classic, etc.
Pros
Cons
Management of crypto assets, including NFTs
Requires a Ledger hardware wallet to access some features
Real-time market data and portfolio tracking
DeFi support
This product is suitable for anyone who wants a comprehensive and secure crypto wallet app that integrates with Ledger hardware wallets. It is especially useful for those who want to access Web3 apps and manage NFTs with their Ledger devices.
Ledger Live does not charge any fees for using the app, but it may incur network fees for sending and receiving transactions. It also depends on the fees charged by the third-party services that provide buying, selling, and swapping features.
It is a self-custody wallet, which means you have full control over your private keys and secret phrases so that no one can access your funds without your permission. It connects you to a wide range of Web3 dApps, such as De-Fi, Game-Fi, and metaverse platforms, using its built-in dApp browser or WalletConnect feature. Additionally, it provides you with industry-leading security and privacy measures, such as encryption, alerts, and encrypted cloud backup. The Trust Wallet has an easy-to-use interface, which is perfect for beginners.
It supports over 10 million assets across more than 100 blockchains, including Bitcoin, Ethereum, Solana, Cardano, Polkadot, Litecoin, Dogecoin, Terra, Avalanche and many others.
Pros
Cons
Easy-to-use interface
Limited Network Fees Control
Free to download and use
Allows users to interact with decentralised applications (dApps)
Trust Wallet is an excellent choice for newcomers to the crypto world, offering an intuitive and user-friendly platform for managing digital assets.
Trust Wallet does not charge any fees for its services, but you have to pay the network fee for every transaction. The network fee goes to the miners or validators who secure the network and process the transactions. The fee varies depending on the network congestion and the size of the transaction. You can also adjust the fee manually in ‘Trust Wallet’ if you want to prioritise speed or cost.
MetaMask is a software cryptocurrency wallet used to interact with the Ethereum blockchain. It is a self-custodial wallet, which means that users have full control over their private keys. It allows users to store and manage their Ethereum and other ERC-20 tokens, as well as interact with decentralised applications (dapps). MetaMask is available as a browser extension and mobile app.
It supports Ethereum (ETH), Binance Coin (BNB), Solana (SOL), Cardano (ADA), Polkadot (DOT), Tether (USDT), USD Coin (USDC), Uniswap (UNI), Chainlink (LINK), Aave (AAVE) and more.
Pros
Cons
Self-custodial wallet
Users lose their private keys; they will lose access to their funds
Supports a wide range of cryptos
Integrates with dapps
This blockchain wallet is best for users who want a versatile and convenient app that can handle multiple types of digital assets and dApps. It is especially suitable for users who are interested in exploring the Ethereum ecosystem.
Every time you send any cryptocurrency from your address to another, you incur a network transaction fee that goes to the miners or validators of the blockchain. The fee varies depending on the network congestion and the transaction size. MetaMask does not collect any part of the fee, but it sets the best fee based on network conditions. You can also manually override the fee if you want.
Exodus is a non-custodial cryptocurrency wallet that allows users to store, send, and receive over 200+ different cryptocurrencies. It is also one of the few wallets that offer a built-in exchange, making it easy to trade between different cryptocurrencies.
It supports Bitcoin, Ethereum, Binance Coin, Uniswap, Solana, Cardano, Chainlink, Polkadot, Tether, USD Coin, and more.
Pros
Cons
Built-in exchange
Higher fees than some other wallets
Non-custodial wallet (users control their own private keys)
24/7 customer support
Exodus: Crypto Bitcoin Wallet is best for individuals who want a versatile and convenient app that can handle multiple types of digital assets and dApps. It is especially suitable for users who are interested in exploring Bitcoin.
Exodus charges a small fee for each transaction. The fee varies depending on the cryptocurrency being transacted and the current network conditions. For example, the fee for sending Bitcoin is currently 0.0005 BTC, while the fee for sending Ethereum is currently 0.0001 ETH.
SafePal: Crypto Wallet BTC NFT is a non-custodial wallet that supports over 100 blockchains, 200,000+ tokens, and NFTs. It is available as a hardware wallet, mobile app, and browser extension. SafePal integrates leading decentralised and centralised exchanges, such as Uniswap, PancakeSwap, Binance, and more. Additionally, the hardware wallet options are fully air-gapped and 100% offline for enhanced security.
It supports Bitcoin, Ethereum, Binance Coin, Polygon, Solana, Cardano, DAI, Polkadot, Tether, USD Coin, and more.
Pros
Cons
SafePal is backed by industry leaders like Binance, Animoca Brands, and Superscrypt.
Does not support fiat currencies or bank transfers
SafePal integrates leading decentralised and centralised exchanges
Secure with air-gapping, multi-signature, and biometric authentication.
This product is suitable for anyone who values security and wants full control over their crypto assets.
The processing fee for using SafePal depends on the type of transaction and the network congestion. SafePal does not charge any additional fees for using its services.
BitKeep was a leading multi-chain non-custodial wallet that was upgraded to Bitget Wallet in August 2024. Bitget Wallet provides hardware wallet options that are fully air-gapped and 100% offline for enhanced security. Bitget Wallet is backed by Bitget, a prominent crypto derivatives exchange with cutting-edge trading expertise and technology.
Bitget Wallet supports over 90 blockchains, 200,000 tokens and NFTs, and 16 cross-chain bridges. A few popular blockchains are Bitcoin, Ethereum, Binance Coin, Ripple, Cardano, VeChain, Theta, Cosmos, Terra, Near, and more.
Pros
Cons
Fast and secure transactions
Not as well-known as some other crypto wallets
Competitive fees
Easy-to-use interface
This product is suitable for anyone who wants a comprehensive and secure crypto wallet app that integrates with Ledger hardware wallets. It is especially useful for those who want to access Web3 apps and manage NFTs with their Ledger devices.
They are emerging players in the crypto wallet landscape. Bitget Wallet does not charge any additional fees for using its services. However, buying or selling crypto with fiat may incur a fee from the third-party provider. Also, swapping or bridging crypto within the app may incur a network fee from the blockchain involved, such as an Ethereum gas fee or a BSC gas fee.
Zerion Wallet: Crypto & Web3 is a smart wallet app that allows users to explore all of Web3 from one app. Web3 is the term used to describe the decentralised web, where users have more control over their data and identity and can interact with various applications that run on blockchain technology. Zerion Wallet enables users to manage their crypto assets across different wallets and networks, track their portfolio performance, trade on decentralised exchanges, and access various Web3 applications.
It supports multiple networks, including Ethereum, Solana, Polygon, Avalanche, Binance Smart Chain, and more.
Pros
Cons
It has a social feature that allows users to follow any wallet address, ENS handle, or NFT collection
Only available on mobile devices
It has a smart trade routing feature that finds the best possible swap across different decentralised exchanges
It does not support some popular networks, such as Bitcoin, Cardano, or Polkadot
Zerion Wallet is suitable for anyone who wants to explore the Web3 ecosystem and access various crypto applications from one app. It is especially useful for users who have multiple wallets and want to track their portfolio performance across different networks.
The processing fee for using Zerion Wallet depends on the network and the type of transaction. For example, sending ETH on the Ethereum network may cost more than sending MATIC on the Polygon network due to the difference in gas fees. Zerion Wallet does not charge any additional fees for using its services.
Solflare is a non-custodial, open-source Solana wallet available as a web application, browser extension, and mobile app for iOS and Android. It supports any token conforming to the SPL token standard, including Solana's native token SOL, as well as NFTs. Solflare is a popular choice for Solana users due to its ease of use, security features, and wide range of supported features.
Solflare supports all SOL and SPL tokens, including popular cryptos such as SOL, SRM, RAY, FTT, OXY, ORCA, KIN, SLT, ATLAS, MDT, MAPS, Mango.
Pros
Cons
Compatible with both web and mobile devices
Solflare is a relatively new
Two-factor authentication
Higher fees than some other wallets
Non-custodial wallet
Anyone interested in exploring the Solana ecosystem and its various applications should use Solflare.
The processing fee for using Solflare depends on the type and complexity of the transaction. For example, sending SOL or SPL tokens may have a lower fee than staking SOL or swapping tokens on a dApp. The fee is paid in SOL and is deducted from your wallet balance. You can see the fee amount before confirming any transaction on Solflare.
MEW, or MyEtherWallet, is a non-custodial Ethereum wallet that allows users to store, send, and receive ETH and ERC-20 tokens. It is also a gateway to the Web3 world, allowing users to access decentralised applications (DApps) and De-Fi protocols. Moreover, you can create a secure and private Ethereum wallet that only you have access to. Additionally, you can also import an existing wallet using your recovery phrase or private key.
MEW supports all ERC-20 tokens, which includes the most popular Ethereum-based cryptocurrencies, such as ETH, DAI, UNI, and AAVE.
Pros
Cons
Open source
Complex to use for beginners.
State-of-the-art encryption to protect user funds
Versatile
MEW is a good choice for users who want a non-custodial Ethereum wallet that gives them full control over their funds and allows them to access the Web3 world. It is also a good choice for users who are comfortable with using technical tools.
MEW does not charge any processing fees. However, users will need to pay network fees when sending or receiving ETH or ERC-20 tokens.
Trezor Suite Lite is a mobile watch-only app that allows users to track their crypto assets on Android and iOS devices. It is a companion to the full Trezor Suite, which is a desktop/web app that allows users to manage their Trezor hardware wallet.
Trezor Suite Lite supports 1,600+ cryptocurrencies that are compatible with Trezor devices, such as Bitcoin, Ethereum, Litecoin, Dogecoin, Dash, Zcash, and more.
Pros
Cons
Easy to use and navigate
Watch-only app, so it cannot be used to send or sign transactions
Check your portfolio anytime, anywhere
Free to use
Trezor Suite Lite is suitable for anyone who wants to observe their crypto assets without compromising their security or privacy. It is especially useful for people who travel frequently or don’t have access to their Trezor device all the time. It is also a good option for users who are new to Trezor and want to get a feel for the platform before investing in a full Trezor Suite licence.
Trezor Suite Lite is free to use. However, users must pay a network fee when sending or receiving cryptocurrencies.
Software wallets
Hardware wallets
Paper wallets
Hot wallets vs. cold wallets
Custodial wallets vs. non-custodial wallets
Crypto wallets work by generating a public and private key pair for each cryptocurrency you want to store. The public key is used to receive cryptocurrency, while the private key is used to send cryptocurrency. The public key is similar to a bank account number, while the private key is similar to a bank password.
Here is a simplified example of how a crypto wallet works:
Alice wants to send 1 BTC to Bob.
Alice's crypto wallet generates a transaction that includes Bob's public key address.
Alice signs the transaction with her private key.
Alice broadcasts the transaction to the Bitcoin blockchain network.
Bob's crypto wallet receives the transaction and verifies Alice's signature.
Bob's crypto wallet updates its balance to reflect the incoming 1 BTC.
Security: The most important factor to consider is the security of your wallet. Look for a wallet that uses strong encryption and has a good security track record.
Type of wallet: There are two main types of crypto wallets: hot and cold wallets. Hot wallets are connected to the internet, while cold wallets are not. Hot wallets are more convenient to use, but they are also more vulnerable to hacking. Cold wallets are more secure, but they can be less convenient to use.
Supported currencies: Make sure to choose a wallet that supports the cryptocurrencies that you want to store.
Ease of use: Choose a wallet that is easy to use and navigate.
Fees: Some wallets charge fees for transactions or other services. Be sure to compare the fees charged by different wallets before choosing one.
Here are some tips for safely investing in cryptocurrency:
Invest only what you can afford to lose.
Do your research and understand the risks involved before investing in any cryptocurrency.
Use a reputable cryptocurrency exchange and wallet.
Store your cryptocurrency in a secure wallet, such as a hardware wallet.
Be careful of scams and phishing attacks.
Overall, cryptocurrency is a relatively new and risky asset class. Investors should carefully consider their risk tolerance before investing in cryptocurrency.
Bitcoin wallets are generally safe, but there are some things you can do to keep them even more secure. Here are some tips:
Use a strong password and enable two-factor authentication (2FA).
Developers are constantly releasing updates to patch security vulnerabilities, so it's important to keep your software up to date to protect yourself from the latest threats.
Only download your wallet software from trusted websites, such as the official website of the wallet you're using.
Avoid using public Wi-Fi networks to access your wallet. Public Wi-Fi networks are often unsecured, and hackers can easily intercept your traffic and steal your cryptocurrency.
Your private keys are the most important part of your wallet, and it's important to keep them safe. One way to do this is to store them in a hardware wallet, which is a physical device that stores your keys offline.
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