ADA is the native crypto of the Cardano platform, and it was created to facilitate fast and easy fund transfers. If you are wondering where to store Cardano in 2019, continue reading our list with the best ADA wallets.
Ledger Nano S
Ledger Nano S is a top hardware wallet that supports more than 1000 cryptocurrencies, including ADA. Users can easily store, buy, and sell Cardano securely without having to worry about hackers.
The Ledger Nano S has strong security features in place for crypto storage, and it also supports making an instant payment function.
Coins can be accessed by plugging the wallet in a computer via the USB port, and transactions are verified using the OLED screen. You confirm transactions by pressing the two buttons on the side of the device.
The wallet includes two-factor authentication, PIN protection, a 24-word seed for creating private keys, and an extensive list of cryptographic encryptions. The device is compatible with most operating systems and also has a Chrome extension that allows you to quickly access your account details, send funds, and generate receiving addresses.
Trezor Model T
Trezor is the first hardware wallet to ever be created, and it is also a popular storage solution for Cardano. It has a wide list of supported cryptos, counting thousands of cryptocurrencies.
This small device comes with a mini OLED touch screen that allows you to securely authorise your crypto transactions.
This self-hosted HD wallet keeps your private keys (to which only you have access to) with a 12-word seed or passphrase that is generated randomly by the wallet’s algorithm. A PIN code will also be required when you access the wallet and spend coins.
The Trezor Model T connects to your laptop/computer with a USB cable and interfaces with the Trezor Bridge. After the connection has been established to the bridge, you will be able to manage your ADA through the Trezor chrome extension.
Only Model T supports Cardano ADA, the more affordable Trezor Model One does not.
Trezor Model T must be used in tandem with AdaLite to allow interface interaction with your ADA store on Model T. The feature is only supported by firmware versions that are at least 2.0.8 or higher.
If you are wondering where to store Cardano on your computer, then Daedalus is the right wallet for you. It is the official ADA wallet launched by the Cardano development team, and it was published as open-source software. The wallet features compatibility for both Windows and macOS systems.
Daedalus runs on top of the Cardano protocol and is a hierarchical deterministic (HD) wallet. The setup process is simple and straight to the point, so you can quickly transfer ADA and monitor your transaction history.
The wallet does not store any of your keys, which remain on your device protected by advanced cryptography. It also allows users to create Cardano Paper Wallets.
Infinito Wallet is a free mobile wallet compatible with both iOS and Android devices. It supports the storage and transfer of a variety of cryptos, such as BTC, ETH, BCH, EOS, ERC20 tokens, NEO NEP-5 tokens, as well as ADA.
It features Touch ID support for enhanced security. The wallet does not keep your private keys and passphrases on its servers, instead of storing then on your device, fully encrypted.
The wallet includes a multilingual interface (with 12 languages) and also has the option of sending transaction memos. Infinito is updated regularly to enable fast transactions and prevent any issues.
This multi-currency ADA wallet allows you to store your most-used address so that you can make quick transactions, and it improves record-keeping by having the option of messages with transactions.
Atomic Wallet is a versatile wallet that supports over 300 crypto varieties. The wallet allows you to conveniently manage ADA funds in a safe storage environment.
Atomic is a decentralized, open-source wallet that boasts strong encryption and enables users to have complete control of their private keys. Also, none of the users’ passwords and data ever leave the device.
From our where to store Cardano list, Atomic has the highest compatibility when it comes to operating systems: Windows, Mac OS, Ubuntu, Debian, Fedora, and Linux. The Atomic wallet features a decentralized order book and atomic swap technology, which are based on BitTorrent technology. Through its Changelly and ShapeShift partnerships, ADA owners are able to convert the coin with other cryptos directly from the wallet without requiring accessing an exchange or paying any fees.
The wallet is free to download, but if you buy and store ADA coins using a credit card, you will have to pay a 7% commission and a minimum charge of $10.
AdaLite, formerly known as CardanoLite, is an open-source light interface wallet that can be used with hardware wallets, such as Trezor Model T, Ledger wallet S, and Ledger Wallet X. AdaLite was designed by Vacuumlabs, so as to offer protection to Cardano users from any kind of online attacks and to also give them a more user-friendly interface.
The wallet facilitates direct interaction with the Cardano blockchain, so it is just like using a hardware wallet where you can store your ADA in a safe and secure manner.
AdaLite does not require any registrations or installations, as you only need to go to AdaLite.io URL to access the wallet.
Upon each AdaLite wallet creation, a 12-word mnemonic phrase is generated. The wallet doesn’t keep any of your data or back-up of your funds on their servers.
Yoroi is an ADA-only lightweight wallet that was developed by Emurgo to facilitate instant transfer of Cardano coins. This free wallet comes with a clean and aesthetically designed user interface, which allows you to easily navigate your Cardano funds.
As the wallet is light, you will not have to go through the process of waiting for the entire blockchain to be downloaded and installed. Users are able to send and receive ADA coins instantly.
The code of Yoroi is open source, and first-rate code is used to avert intrusion of secret algorithms. All private keys are stored on the user’s device and never disclosed with third parties. Yoroi is available as a Chrome extension, as well as iOS and Android apps.
With this, we conclude our list with the best ADA wallets, which provide you with great storage options. Now, you certainly have an idea of where to store Cardano securely.
Featured image: Switchchain
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