Have you ever thought of investing in Cardano? If you do buy Cardano, it’s best that you store it in an external wallet rather than storing it on the cryptocurrency exchange. Here we have the list of the best 10 Cardano wallets out there.
Top 10 Best Cardano Wallets
Here is the top 10 selection of Cardano wallets, designed to provide secure storage and seamless access to your ADA assets.
1. Best Wallet
Best Wallet as its name suggests is one of the best Cardano wallets out there. It is a non-custodial wallet that offers many non-typical and unique features.
When you have an account in Best Wallet you will have access to multiple features like multi-chain support, DEX integration, and real-time market insights. One of the unique features that sets Best Wallet apart from all these is the consolidated dashboard.
Using this dashboard you can manage crypto assets from different blockchains such as Ethereum, BSC Mainnet, and Polygon. There is a mobile app for the wallet and it provides staking/interest.
The fees that you will have to pay depend on the third-party service providers. There are zero gas fees and the users will be granted exclusive voting rights in decisions that govern the Best Ecosystem and privileges to the airdrop events.
In the near future, Best Wallet plans to implement portfolio management, NFT functionality, and multi-wallet support.
2. Ledger Nano S Plus
Another hardware wallet is designed to store your Cardano and other cryptos. It has an in-built staking tool.
This wallet retails for 79 US dollars. As a hardware wallet, it offers noncustodial storage. AdaLite powers Ledger Nano S Plus and takes 3% of the staking rewards.
This wallet does not need an internet connection to conduct transactions and it always stays offline.
It has a bigger screen than many other hardware wallets and also offers more memory. Ledger Nano s Plus supports more than 5000 cryptocurrencies over many blockchains such as Bitcoin, Ethereum, Binance Smart Chain, and Polkadot alongside Cardano.
It has a mobile app which functions seamlessly. Now let us read about the other best Cardano wallets out there.
3. Trezor Model One
This Cardano wallet is considered as one of the safe options for a Cardano wallet. It retails for 69 US dollars only. Trezor Model One is a hardware wallet where you can store ADA in an offline mode.
As this wallet is offline and there is no internet connection, you do not have to worry about any kind of hacking threats.
Also, when you use the Trezor Model One wallet, you will be the only person who has access to the private keys that are needed to access the account. Therefore, make sure that you do not share the private keys with anyone.
The private keys are enhanced by a passphrase with 12 or 24 words. At the same time, you have to make sure that you save your passkey somewhere private.
Because if you forget the private key to the wallet account even you will not be able to access the wallet. It supports more than 13000 cryptocurrencies.
4. BitBox02
BitBox02 is an evolving Cardano wallet. It is a hardware wallet that supports multiple cryptocurrencies. This wallet is noted for its sleek design with an OLED screen and touch sliders.
Many users have reviewed it as a visually appealing device. The modern design of the hardware wallet improves user interaction and makes it easy for even the newbies to use it.
The wallet uses an ATECC 608A chip to ensure the safety of all the uses and the different cryptocurrencies stored in it.
This ultra-modern chip secures the hardware device from all kinds of physical attacks. It makes sure that one gets access to the wallet by breaking it or damaging it.
There is a USB-C connector that lets you connect the wallet to mobile phones and the latest computer models.
By connecting it to various devices, you can enjoy mobile transactions. Other than Cardano it supports Bitcoin, Litecoin, Ethereum, and 1500 plus ERC-20 tokens.
5. Trezor Model T
Trezor Model T wallet guarantees top-notch security. It is another hardware wallet. It is quite user-friendly and even new users can use it with ease.
This Cardano wallet supports more than 8,000 coins and tokens. The supported cryptic coins include the top players like Bitcoin, Ethereum, and Litecoin alongside Cradano.
It is integrated into the decentralized finance applications. The wallet has an LCD touchscreen and enables easier management of all your stored crypto assets.
The wallet is primarily designed to be used on the desktop, however, there is a mobile app as well. You can connect to the wallet via USB-C.
The mobile application of Trezor Model T is named Trezor Suite. The app of the wallet lets you manage multiple coins in the most efficient way. The LCD screen of the hardware wallet is a touchscreen with a 1.54’’ color.
6. SafePal Wallet
SafePal Wallet is known for its portability and affordability. The affordable rates of the wallet do not make any compromises on its security. SafePal is developed by Binance Labs and costs only around 50 US dollars.
The wallet supports more than a thousand cryptocurrencies, digital assets, and NFTs. It has a mobile app which you can use. The fees that you will be charged are based on the third-party providers.
The wallet contains an EAL5+ chip which guarantees the safety of the digital assets that you store in the wallet.
You can also enable the two-factor authentication and the self-destruct mechanism of the wallet for the advanced safety of your digital assets.
The risk of all cyber threats is nearly eliminated by the 100% air-gapped signing mechanism. With this, the wallet operates completely offline. SafePal Wallet supports more than 10,000 digital assets.
7. Coinbase
Coinbase is a centralized Cardano wallet that has some out-of-the-world security mechanisms. In addition to acting as a cryptocurrency wallet, Coinbase also acts as a cryptocurrency exchange.
It is one of the most reputed platforms which ensures its brand trust in society. When you create a Cardon wallet account in Coinbase it is mandatory that you pass the verification process and for that, you need to submit a government-approved valid photo ID card.
Coinbase Cardano wallet is a web wallet that offers custodial storage. You can also use the mobile app of the wallet.
Bitcoin, Litecoin, Ethereum, USD Tether, and 100+ cryptocurrencies are supposed by the wallet. You will be charged a 1.49% commission to purchase and sell Cardano. If you are using a credit or debit card the fees will be around 3.99% and it takes up to 35% of the staking rewards.
Coinbase wallet has a dashboard that is extremely user-friendly and is also noted for its beginner friendliness.
8. Cool Wallet Pro
CoolWallet is a hardware wallet that has a military-grade security chip. The size of the wallet is worth mentioning, which is about the size of a credit card. It is extremely thin at about 0.8 mm.
It weighs around 6 grams making it lightweight. This means that you can carry it around in your wallet. This highly portable Cardano wallet is water-proof and tamper-proof. Therefore, you do not have to worry about it getting destroyed when you carry it every day.
CC EAL 6+ military-grade security chip increases the protection of the chip to a whole new level. You can pair the device with smart mobiles using Bluetooth.
In addition to all this, Cool Wallet Pro has biometric authentication. It supports all key cryptos and ERC-20 tokens.
The fees that you will have to pay depend on third-party providers. You can stake cryptos like Tron, Polkadot, Cosmos, and more. The latest report suggests that the wallet is trying to implement Tezos and ETH2.0 tokens soon.
9. Binance
If you already have an account in Binance, then you can log in to the crypto wallet presented by Binance. It is termed one of the most convenient-to-use Cardano wallets out there.
When you open a Binance Cardano account it gets linked to the Binance exchange. You will have access to the dashboard namely ‘Earn’ which will let you grow your cryptocurrency holdings.
The wallet offers custodial storage. It has a mobile app that you can use for easy staking. As the wallet gets connected to the Binance exchange, you will only have to pay a low fee for trading.
A withdrawal fee of around only 0.8 ADA will be charged to you. Another pro that Binance has is a 120-day savings term yielding 3.9%.
You can activate the two-factor authentication. In addition, there is an IP address whitelisting. The majority of the ADA tokens owned by the client are kept in cloud storage by Binance.
10. SecuX
SecuX is the last wallet on our list. It is one of the best Cardano wallets with two flagship models. V2O and Shield BIO are its two flagship models.
The wallet is known for its highly user-friendly design. Let us look briefly at the features of the two flagship models:
SecuX Shield BIO provides biometric authentication and uses a CC EAL 5+ security chip. Thus no one will be able to break into the wallet. It has a sleek design and looks just like a credit card.
The wallet supports more than 10,000 cryptocurrencies and also has an easy-to-use touch interface. The wallet can be connected to mobile devices and is compatible with Android as well as iOS.
SecuX V20 has a big touch screen, a 2.8-inch long color one. This touchscreen makes it easy for you to transact the amount and to navigate through it.
The wallet is noted for its durability uses an aluminium build and is stronger than the plastic build wallets. The wallet is compatible with BTC, ETH, LTC, and more than 1,000 ERC20 tokens.
Also, Read: Top 7 SHIBA INU Wallets List
The Bottom Line
You just finished reading about the best 10 Cardano wallets out there. If you are planning to invest in Cardano, it is best for you or for any of these wallets.
When you store your crypto in any of these wallets, you can be sure that they are safe. There is no risk of theft or hacking.
