How to Choose a Reliable Crypto Wallet: A Beginner's Guide

Along with the variety of crypto products, a crypto wallet is one of the most essential things to consider. The crypto landscape drastically changed finance towards ‌decentralization, which marked the need to have secure and reliable crypto wallets. Follow the key criteria in order to choose the best one.

Security

It is wise to look for wallets that are secure, have two-factor authentication (2FA), use encryption, or even incorporate biometric features. However, if you’re seeking ‌privacy, non-custodial wallets are the best option. But they require extra attention to funds operations, as only you have access to it.

Compatibility and Diversity

Check if the wallet you’re using supports the coins you will be holding. If you own different cryptocurrencies among different blockchains, it’s convenient to consider a diverse storage.

Backup and Recovery Options

Select wallets that come with convenient recovery options that include features like a seed phrase.

Reputation

Consider other users’ opinions about the wallet through the reviews and feedback. Don’t just use the first wallet you come across, but try to find one that has a good reputation on relevant forums and blogs.

NOW Wallet: A Reliable Option

NOW Wallet is a solid choice for beginners to buy, sell or exchange their cryptocurrency. By helping you to manage all your crypto assets safely and securely, NOW Wallet has more than 40 blockchains and thousands of tokens. So you get a varied opportunity to manage your assets with full security and biometric authentication.

NOW Wallet is a non-custodial wallet, therefore, it does not collect private information from users and stores funds only on users’ gadgets. Moreover, NOW Wallet supports crypto-to-crypto and fiat-to-crypto exchanges, so you can buy or sell cryptocurrencies with your Visa or MasterCard bank accounts.