6 Best Crypto Wallets of July 2022 – Hot and Cold Options

by contentwriter

Author: Mike Ross

Cryptocurrencies are becoming much more mainstream. If you haven’t heard of them, they’re electronic forms of cash outside banks or governments. What are the best options for storing your cryptocurrencies? 

There are many different types of wallets out there, from mobile apps to desktop software. Which ones should you invest in? Here are six top crypto wallets you should consider:

Trust Wallet

Trust Wallet is one of the finest cryptocurrency mobile wallets for beginning users and investors. It keeps most of its currency on cold storage servers. The wallet improves to handle other popular cryptocurrencies like Bitcoin. Trust wallet users can purchase cryptocurrencies using the native exchange, thanks to the built-in Web3 browser.

Pros of Trust Wallet

  • Simple and easy-to-use interface
  • No subscription fees 
  • Track crypto prices within the app and schedule price update notifications
  • Staking  

Cons of Trust Wallet 

  • No option to recover wallets via customer support 
  • No desktop version

Guarda Wallet

Users of Guarda Wallet can create desktop, mobile, or web wallets for their cryptocurrency. Downloadable from the Guarda website, each form of wallet is free to use as storage. Users can stake cryptocurrency to create passive income streams or earn interest on crypto deposits.

Customers of Guarda have access to a wide range of resources, including a customer assistance portal called Knowledge Base and a learning center called Guarda Academy.



  • Desktop, Web, Browser, and Mobile Compatibility
  • Simple to use
  • With built-in exchange
  • Accepts credit card payments
  • Support for many currencies


  • Some users reported experiencing exorbitant exchange rates

CoinBase Wallet

Coinbase is one of the best cryptocurrency exchanges on the market. The wallet also provides a dedicated cryptocurrency wallet. This wallet supports hundreds of thousands of tokens worldwide. It enables users to store all of their cryptocurrencies and NFTs centrally. You can use your preferred mobile device to browse the decentralized web using the Coinbase wallet.


  • Easy navigation
  • Easy entry
  • The ability to link your Coinbase account


  • Only accessible on mobile devices

Crypto.com Defi Wallet

The Crypto.com A non-custodial wallet called a Defi wallet gives users access to all Defi services on a single platform. Users may effortlessly handle more than 100 different types of coins. However, you have full control over crypto and keys. Investors from the Defi Wallet can directly trade Defi tokens.


  • Low fees
  • Excellent for cryptocurrency payments.
  • Simple for convert
  • Earn money by investing in cryptocurrency.
  • Maximum security


  • It isn’t easy to navigate
  • Coins are not widely available
  • Customer service is poor

Electrum Crypto Wallet

Electrum Crypto Wallet might be what you need if you’re learning how to invest in Bitcoin and you want a secure location to store your digital assets. Your transactions are on the Bitcoin blockchain, allowing you to divide the ability to spend your coins among numerous wallets for maximum flexibility. We select it as the best bitcoin wallet.



  • Quick transactions through SPV
  • Two-factor authentication
  • It is helpful for cold storage.


  • Only accepts Bitcoin
  • There is no live chat, email, or phone customer care.


One of the most advanced banking platforms with bitcoin backing is BlockFi. Except for the roughly 1% margin that goes to BlockFi, there is essentially no cost associated with cryptocurrency trading. Additionally, BlockFi attaches to a strict”no hidden fees” policy.

BlockFi is more of a bank than a wallet and offers value-adds like:

  • Loans backed by cryptocurrencies with low-interest rates
  • Access to the Gemini cryptocurrency exchange directly
  • No charges for qualifying trades
  • No minimums for assets or balances


Each crypto wallet is unique in its way. There are better and worse options. Nevertheless, it is essential to choose the wallet that suits your purpose. With the help of our guide, you can do it quite simply. 


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