Cryptocurrency around the world is seeing a big push every other day. And this big push to this new form of currency has everyone hooked and thus everybody wants it. But to own a cryptocurrency, one needs a Crypto/Cryptocurrency Wallet. Choosing a Cryptocurrency wallet could be a really tedious task, so to help you out we give you the list of Top 5 Crypto Wallets In India.
What is a Crypto wallet?
Like any other wallets which we use to carry our cash and make transactions. Similarly, a crypto wallet is used to store your cryptocurrency like Bitcoin or Ethereum and make transactions using that cryptocurrency.
A crypto wallet is can be in the form of a hardware or a software application. A hardware crypto wallet is in the form of a solid-state drive like a Pendrive, that we to store the cryptocurrency. And the other form is a software application that we instal on our Computer or smartphone or as a web-based service.
All the crypto wallets has a special unique address, that we use to access the wallet and make transactions.
Top 5 Crypto Wallets In India
1. Coinbase Wallet
The Coinbase cryptocurrency wallet is the world’s largest USA based cryptocurrency wallet. It operates in over 100 countries and has more than 56 million users. You can buy and sell Bitcoin, Ethereum, Litecoin and even Dogecoin using Coinbase Wallet.
With the Coinbase wallet you can easily make transactions using your private key.
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2. WazirX
WazirX is India’s largest and fastest-growing crypto exchange service. It has over 1 million users, and it allows you to sell more than 100 cryptos including Bitcoin, Ethereum etc.
Using WazirX you can easily make payments using UPI. Wazix even has there own utility token called WRX, this is only to help their customers.
3. Ledger Nano X/S
For Indian crypto users, only a few hardware crypto wallets are available. Ledger Nano X and Ledger Nano S are some of the few hardware-based wallets available to Indians. These are in the form factor of a thumb drive, and also provide support for 27 coins and 1500 tokens.
These physical wallets provide security using an access key. Also these are a bit expensive with cost more than 10,000 INR.
4. ZebPay
Zebpay was the first portal ever to provide cryptocurrency trading in India. For protection Pins and fingerprints are used for transactions.
Zebpay even has a bug bounty program to help them improve their platform security.
5. BuyUcoin
BuyUCoin, which is a Multi-cryptocurrency exchange has more than 500,000 customers. On this platform, you can buy and store more than 100 cryptocurrencies and can payments using a credit card, debit card or net banking.
Our choice from Top Crypto Wallets In India
For an Indian user, we suggest using WazirX platform, as it is India’s largest crypto platform. And it also has reasonable trading fee of 0.2 %.