What's the best crypto wallet? I've seen many post on hive/publish0x about best wallets but they tend to be poorly researched and lack detailed comparison. This review will try to go into the detail about what makes a good crypto wallet and will be targeted towards intermediate and advanced users. In short, best wallets will have these features: clean/intuitive UI, open-source, fully customizable network fee, segwit support, and customer support.
5). Coinomi: One of the oldest and most popular crypto wallets.
+customizable network fee, segwit support, telegram customer support
-mediocre UI, poor reputation, not open-source
4). Exodus: Very popular and often considered one of the best crypto wallets, but it's not.
+clean/intuitive UI, segwit support
-not open-sourced, non-customizable network fee, no telegram/discord customer support
3). Atomic Wallet: Very popular, especially on publish0x. Must mean it is really good right? No, it is not. Atomic Wallet has a good referral program, writers and influencers get rewarded with AWC tokens for their promotion.
+clean/intuitive UI, partial segwit support (sending only), telegram customer support
-not open-source, not fully-customizable network fee
2). Trust wallet: Very unique wallet as it is connected to Binance DEX + Binance Chain. Which mean exchange fee is very low, only 0.000375 BNB (~0.10$). However, Binance DEX does not have full interoperability, which means it does not support Bitcoin and other UTXO tokens. Also, no legacy address support, this could be a big problem when trying to send between wallets.
+clean/intuitive UI, segwit support, built-in DEX
-not open-source, mobile only, non-customizable network fee, no legacy address support, no telegram/discord customer support
1). Guarda: The best wallet in my opinion. The uncrowned-king of wallets. Has all the feature for both advanced and beginner users.
+clean/intuitive UI, open-source, fully customizable network fee, partial segwit support (sending only), active telegram customer support
-none
Diamond In The Rough?
AtomicDEX wallet: Still in beta, but is very promising. Has built-in atomic swaps DEX, which means low-fees and is fully-decentralize. Will have full interoperability unlike Binance DEX. Pay close attention to this project and wallet.
Final Thoughts
TLDR: In short, best wallets will have these features: clean/intuitive UI, open-source, fully customizable network fee, segwit support, and customer support. Being open-source is important because it allows for users to review and fact-check the code. Otherwise, we have to trust the developers with our money. A fully-customizable network fee is also important because it can save you a lot of money on fees. With non-customizable network fee wallets, fee tend to be a lot higher than it needs to be. And if wallet is not open-sourced, how can we know developers are not secretly taking a cut of network fees? Use mempool.space to see the current recommended fee to use. Having telegram/discord customer service is also a must because you're bound to run into some problems and you don't want to wait forever for an email reply. Also, important to note. All these wallets has built-in swap exchange but DO NOT USE THEM, except for trust wallet. Why? Because they take a fat cut and the exchange rates are not as good if you just went to their partner exchange instead, often it's changeNOW or changelly.
*Cross-post from publish0x