what are the 10 best crypto wallets in canada hello i'm rachel and you're watching kalkin media's educational series today we're talking about crypto wallets and specifically ones in canada crypto wallets are devices where investors can hold their cryptocurrencies using public and private keys they usually come in two forms a hot wallet which is a software device and a cold wallet.
a hardware device hot crypto wallets are live and can be accessed using your internet data while cold crypto wallets are offline hardware devices like a pen drive where you can save the private addresses of blockchain powered tokens on that note let's take a look at some of the best crypto wallets in canada.
1. Coinbase Trust wallet
coinbase trust wallet is a popular crypto exchange it offers trust wallet services where investors can hold their tokens using decentralized keys by paying marginal miner fees or transaction validation keys.
2. Binance wallet
secondly we have finance trust wallet binance is the world's largest crypto exchange in terms of daily trading volume it acquired ethereum's mobile wallet back in 2018. using this wallet you can stake tokens and earn rewards and passive income it supports android as well as ios devices.
3. Koinomi wallet
next we have koinomi the united kingdom-based wallet service provider has its operations throughout canada coin omi charges mining fees only for transactions holding tokens in its software wallet is free.
4. Exodus wallet
then there is exodus this software crypto wallet enables you to store your tokens safely and allows you to trade tier one cryptocurrencies like bitcoin ether and cadano it has some few advanced features as it is facilitates touch id and the face recognition id.
5. Armory wallet
then there is armory this hot wallet is fully dedicated to bitcoin token storage armory enables secure transactions through a multi-signature algorithm where miners crack unique codes using their graphic processing units by charging a fraction of your bitcoin token moving on trezo one is an open source hardware crypto wallet available for around 70 canadian dollars it supports windows os x and linux.
6. Treasure model t wallet
there's also treasure model t an advanced version and one of the leading brands in hardware ledgers in canada it supports as many as 700 crypto tokens on its device it enables users to use pin id or phrases without connecting them to other devices then there is ledger nano s this hardware wallet is available at around 79 canadian dollars it allows over a thousand crypto tokens and its offline data storage it's the primary version of ledger nano the firm has reportedly sold more than 1.4 million devices internationally since its debut.
7. Nano x wallet
There is also the ledger nano x an upgraded version of ledger nano with a price tag of around 159 canadian dollars ledger nano x enables hardware wallet users to connect to other devices through its bluetooth feature it doesn't need a usb cable to transfer crypto data.
8. Keepkey wallet
finally we have keepkey this is one of the cheapest crypto wallets in the canadian market with a base price of around 38 canadian dollars keepkey is compatible with desktop macbook android devices and linux however it allows limited cryptocurrencies like bitcoin bitcoin cash dogecoin and just a few others.
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