Bitcoin warehouses Nearly $ 6 billion market capitalization, Ledger Wallet Adds Decred (DCR)

Unfortunately, not a single cryptocurrency portfolio can handle all the altcoins, but here are some of our best tips that could help you choose the best cryptocurrency portfolio. The review includes hot wallets, semi-cold portfolios (client-based) and rigid portfolios that limit Internet exposure by keeping private keys on a separate device.

We begin our review with what is marketed as the most popular multi-currency portfolio on the market – Ledger Nano S. This device is extremely simple from the point of view of technical peculiarities: there are two buttons for navigation and a small LED screen together with a USB port for connecting it to any other computer. However, do not be fooled by its simplicity: the wallet contains a highly secure chip that can protect your device from the most famous hackers. It is not connected to the Internet, so it keeps your encryption completely off the network and protects it.

As the article focuses specifically on Bitcoin multicoin portfolios, it is worth mentioning that Ledger Nano S supports a wide range of cryptocurrencies – from the main digital resources (Bitcoin, XRP, Ethereum) to the little known altcoins who struggle to create top 500 on CoinMarketCap. Overall, this portfolio supports 712 resources. It is worth mentioning that Ledger is constantly expanding the number of coins available, with IOTA (MIOTA) as one of the most recent additions (in addition, the portfolio has recently made an announcement about its plans to add more stablecoin).

You also have a piece of paper with a 20-word recovery phrase that is essential if your device is lost or physically damaged. If you have access to this phrase, you can easily recover your wallet from anywhere in the world.

NB! Of course, setting up a reliable PIN is also important so that nobody can get unauthorized access to your device.

Once you have completed all the security steps, access the Ledger Nano S website and select the corresponding cryptocurrency portfolio for your currency.

Other hardware portfolios to consider:

• Trezor One (yet another hardware portfolio that functions as a USB drive.) Like the ledger, it supports a huge amount of coins;

• Keepkey (supports more coins, but this is the most expensive option, and there are fierce reviews that criticize Keepkey software malfunctions and bad customer support);

• SafeT-Mini (has an attractive price, but its limited functionality will be a turn-off for investors);

• CoolWallet S (a nice alternative to Ledger Nano S since it is wireless and waterproof, but does not support many altcoins like its main competitors).

Exodus

The hardware wallets are perfectly suited to those who possess a considerable amount of crypto that needs robust protection. The price of Ledger Nano S (or Trezor) pales in comparison to the amount of money you can lose if a hacking attack occurs. However, only a few beginner investors will bother to order and create a hardware portfolio, and it is here that semi-cold client-based portfolios like Exodus are useful.

Exodus is one of the best ways to diversify your cryptocurrency portfolio: it has 85 digital resources, including Bitcoin, Ethereum, Tether USD, 0x and others. The drop-down window in the Exodus portfolio shows each coin along with a brief description that allows users to make their investment decisions right from the start. Furthermore, there is a built-in Exodus / Shapeshift exchange option for direct exchange of numerous resources.

The interface of this app is simple: the circular diagram gives you a visual analysis of how your wallet looks. As the developers themselves say on their website, the main purpose behind this portfolio was to remove the "geeky requirement" and make cryptocurrencies accessible to anyone.

Jaxx

Jaxx is still another competitor when it comes to choosing the best multi-cryptocurrency portfolio. Its main competitive advantage is multiplatform support – it can be easily downloaded to your phone or function as a super-simple Google Chrome extension (there are eight platforms supported in total). That said, there is almost no portfolio on the market that can compete with Jaxx in terms of versatility.

Just like Exodus, its main competitor, Jaxx supports 85 tokens in total (Huobi (HT) was one of the most recently added tokens).

However, not everything is exceptionally good on this portfolio – many users claim it is too buggy to be their primary choice, so they choose to stay away from the poor product.

Speaking of security features, the Jaxx portfolio generally has a high level of security (and generates a seed sentence for your portfolio to be restored in case of loss of resources). Again, in June 2017, about $ 400,000 was stolen from the portfolio due to a major security vulnerability, which eventually took a toll on the portfolio's reputation. On the flip side, the wallet is not designed to store large amounts of cryptography, and Jaxx CTO Nilang Vyas has again warned using their own security model if they are not "at ease" with it.

"Please, please, please, if you do not feel comfortable with our security model, do not use our products", Jaxx & Decentral CTO Nilang Vyas.

The bottom line is that both Jaxx and Exodus are professional apps, but we recommend using Exodus for added security or using Jaxx for extra versatility.

Coinomi

Coinomi is a multi-cryptocurrency portfolio that boasts one of the largest ranges of digital assets on the market (supports a huge number of 507 coins). But there's more: this number can be increased personally since Coinomi allows you to add any Ethereum-based token.

Coinomi has also integrated ShapeShift and Changelly, which allow users to convert their resources in a snap.

The portfolio is characterized by exceptionally powerful security features and some users even suggest that it is good enough to represent an alternative to cold wallets. Although this statement may be exaggerated, security encrypts portfolios and protects private keys from any compromise by third parties (private keys are not stored on the device itself).

Non-responsive customer support is one of the main negative aspects of this portfolio, with many users complaining that the support team is reluctant to respond to some of their requests. Another problem related to the level of transparency associated with this app: many investors did not like the decision to transform Coinomi into a closed-code project. In particular, both Jaxx and Exodus are also nearby sources. Coinomi's CEO says the move was necessary to prevent hackers from stealing funds with the help of "evil clones".

As we complete our first 5, we found another option: Coinbase Wallet. First of all, Coinbase is one of the main crypto-cryptographic exchanges led by Brian Armstrong. However, the fintech colossus also offers a myriad of additional products to expand its dominant position in the cryptocurrency space. Coinbase Wallet is one of the salient examples.

It is important to remember that you can also use the wallet without having an account with Coinbase exchange because it is a standalone product. Coinbase Wallet is decentralized, which essentially means that the exchange will not be responsible for the secure storage of private keys.

Coinbase Wallet is certainly lagging behind such heavy competitors as Jaxx, but those that are already registered with the exchange can instead use its web version.

There is also a very convenient security feature called Coinbase Vault that requires users to set up five keys and a 48-hour waiting period for withdrawing funds.

Generally speaking, Coinbase has no competition when it comes to security features, since it is a $ 8 exchange with an impeccable reputation that has not suffered any security breach since its inception in 2011. Furthermore, it guarantees all funds held.

However, those looking for a large number of altcoins will probably be disappointed as only a few resources are available on Coinbase (in all honesty, this situation is typical of all fiat-to-crypto exchanges). No exotic currency for you!

The final evaluation:

the wallet	Our score	Our consent
Ledger Nano S	4.5 / 5	The main hardware portfolio may be a perfect option, but not all beginner investors are willing to shell out $ 170 for an additional level of security.
Exodus	4.6 / 5	Exodus is all you need from a cryptographic portfolio, but there are always problems when it comes to client-based portfolios. However, it is the best portfolio for multiple cryptocurrencies.
Jaxx	4/5	The exceptional versatility of this portfolio is overshadowed by security concerns, but it is still a good option.
Coinomi	4.2 / 5	A huge number of resources supported made it our first 5 choice. However, problems associated with customer support do not allow us to name it the best cryptocurrency portfolio.
Coinbase	4.4 / 5	The product of one of the biggest names in the cryptocurrency industry is a starting option for any investor, but the number of coins supported makes you want more.

Stay away from encrypted scams!

Although some websites include Cryptonator in the list of the best (!) Cryptographic wallets, a quick search on Google will tell you that it is a real scam – many users complain about unpaid funds and lack of customer support.

We have covered only some of the best known cryptocurrency portfolios on the market that support more coins, but keep in mind that a new portfolio is probably already under development at the time of writing this article. We do not encourage you to run away from any scrambled wallet – most developers have good intentions. In order not to burn yourself, be sure to check the reviews before actually using your wallet. There is nothing wrong with being more cautious about a portfolio that is entering the encrypted market only when its holdings are involved. Needless to say, you should prioritize third-party portfolios that do not use your private keys.

Today wishes you a safe and productive gaming experience!