What are the top ten cryptocurrency wallets for Cardano today?
Which Cardano wallets are the most secure?
What are the base features collectors and creators should look out for?
There are a lot of cryptocurrency wallets in the market these days and it can be difficult to decide which one is the best fit for you.
In this article, we review the top 10 wallets on Cardano in terms of safety, visual display of NFTs, special functions, and more.
Let’s get right to it!
It's essential to store both your cryptocurrencies like Cardano (ADA) and NFTs in a safe place. The most secure way to do this is by using one of these cryptocurrency wallets.
Choosing the right wallet for you is important because it can make the difference between potentially losing your investments, having no in-wallet NFT viewing experience or other important functions.
The following is a list of the top ten cryptocurrency wallets for Cardano hodlers and artists:
An open-source project that is available for download on Windows, Mac, Linux, Daedalus actually downloads the full copy of the Cardano blockchain and this does mean that it takes a few hours to install.
That being said, it has a great hardware wallet integration as well as excellent backup and recovery features, and the ability to support an unlimited number of wallets within one account.
This is great for organizing your digital assets.
Additionally, the wallet also includes staking and voting functionality on proposals for anyone that is interested in shaping the future of Cardano’s greater community.
When it comes to NFTs, however, it does not visually display your NFTs. This can be a downside considering how amazing Cardano NFTs look.
Yoroi is a fast, simple, and secure wallet that is available as a web extension, mobile app, and desktop wallet. Currently, there is no visual display of NFTs in-wallet, but its roadmap features an upcoming update that includes an NFT gallery on both web and mobile.
Unlike some other wallets, Yoroi does not support sending different assets in the same transaction yet, and its DApp connector is still in development.
Yoroi does support staking and voting but with the above features missing or incomplete, it still has some time to go to compete with some of the other wallets on this list.
If you are looking for a web wallet that is simple to use, AdaLite is a good option.
This wallet can be used as an extension for Chrome, Edge, Brave, and Firefox and with additional hardware integration, you can have peace of mind knowing your investment is secure offline.
Plus points aside, staking ADA is restricted to the Adalite stake pool and there is no visual in-wallet NFT display.
On the security side, users don’t need to create a spending password to transact once they’ve logged in with their seed phrase, which is typically an additional layer of safety that protects your funds from being withdrawn and can be deemed unsafe.
Interested in minting your own NFTs on Cardano? Check out our creator's guide here!
Typhon is another web extension that is quick to install and allows you to store your NFTs and cryptocurrencies easily.
It has a large, clear interface that supports multiple accounts and allows users to stake with different pools and vote on protocols. It also has a decent NFT viewing display for collectors who value this in a wallet.
Send multiple assets in one transaction, search for NFTs and tokens and make use of its DApp connector to browse most Defi platforms.
If you are looking for a community-driven wallet, Eternl (formerly CC Vault) is perfect for you.
Eternl has a large, clear interface where you can easily view and filter between your NFTs, FTs and tokens. This makes for simple navigation within your wallet. It's user-friendly and available as a web extension and mobile app with hardware wallet integration.
By being able to access your digital art anytime, anywhere, you can be sure that your NFTs are always well taken care of. It also comes equipped with a DApp connector that is compatible with most Defi platforms.
Eternl allows users to stake with multiple pools, vote on proposals and send multiple currencies in a single transaction.
It also has a spending password enabled for extra security and the ability to lock your wallet when not in use.
Eternl is an extremely well-rounded wallet.
Nami is the first smart contract wallet on Cardano. It's open-source and available on Chrome, Brave, and Edge.
It's easy and quick to install. No longer do you have to feel overwhelmed by the complexity of navigating certain Cardano wallets. Nami has just about everything you need in one simple interface, albeit a little small.
It's free to use and if you are new to using cryptocurrency wallets, this can be a great starting point. It's also amazing for experienced crypto users. By being able to view the code, you can see for yourself how secure the wallet is.
With DApp connector supported by most Defi platforms, you can easily connect and use your favorite DApps.
All this being said, staking is restricted to the Berry pool, and sending multiple assets in a single transaction is not yet available.
Flint is another wallet that is fast and easy to set up, but, users cannot send different assets in a single transaction. This can be a drag for some users that are accustomed to having this feature in other wallets.
However, it is still a great option for those that are looking for a user-friendly and uncomplicated wallet. You might have to send multiple transactions if you want to send different types of assets in one go but it's nothing that a little bit of time and patience can't overcome.
Flint supports multiple chains, so you'll get a simple experience no matter which platform you want to use. For example, if you want to switch from Ethereum to Cardano, you won't have to worry about losing any of your data. This interoperability is a key feature for many users.
Hardware wallet integration is one of the features that Flint offers to keep your investment safe. It's available as an extension on Chrome, Firefox, Brave, and Edge.
Whether you are a DeFi user, NFT collector, or simply just curious about cryptocurrencies, Flint is a wallet worth checking out.
Gero is a web-based wallet that allows you to manage your crypto and NFT assets. It is a simple and easy-to-use wallet that requires a password for login and a password to send assets. This can seem repetitive, but it's a great way to ensure the safety of your account.
It's described as "The Master Key" for DeFi. As a Cardano native wallet, Gero integrates with many DeFi platforms. It's focused on providing accessibility for both beginners and experienced users.
Gero has a very ambitious and concrete roadmap. For example, NFT marketplace integrations, NFT staking, and audio/video NFT support is just a few of the exciting features that are in the works.
The project is supported by their native cryptocurrency $GERO.
Ledger is one of the most popular hardware wallets available today and supports over 1000 cryptocurrencies and has incorporated a crypto exchange. Hardware wallets are a USB that requires the user to set up a PIN code to access the device.
Ledger also has a companion mobile and desktop app called Ledger Live which allows users to manage their accounts, check their balances and transaction history, and send and receive cryptocurrency.
Ledger does leave a little to be desired in the display department with no touchscreen which makes navigation a little tricky, but does support Bluetooth connectivity.
If you are looking to store NFTs on a hardware device, then Ledger is a good option for you. The device is very secure and it supports a large number of cryptocurrencies including Cardano.
The reason why hardware wallets are a favorite by many crypto enthusiasts is that it gives you full control over your private keys. This means that only you have access to your funds and no one else.
As an NFT investor, DeFi user, or crypto holder, this is a very important factor to consider when choosing a wallet.
It's important to mention that you should never share your private keys with anyone.
Trezor is another popular hardware wallet that also supports over 1000 cryptocurrencies and has a much bigger, user-friendly touchscreen than the Ledger.
Trezor runs open-source firmware known for its security features and is a good choice for those looking to store their cryptocurrencies offline.
However, it is more expensive when compared to the Ledger and does not have its own app, but is worth the investment if you value security, a larger interface and a touchscreen.
The best wallet for you ultimately will depend on your needs and preferences.
If security and storing your assets offline is a top priority, a hardware wallet like Ledger or Trezor may be a good choice.
If you are looking for an easy-to-use wallet with that promises a great visual display of your NFTs, the Eternl or Typhon may be a better option.
No matter which wallet you choose, make sure to do your research (or check out our head-to-head specs breakdown) to ensure that it is the right fit for you!