5 digital wallets helping Americans invest in digital currency

By Edlyn Cardoza

Cryptocurrency and Bitcoin have gained tremendous momentum since their inception. More and more individuals, especially Gen-Z, are interested in investing and are eager to learn about the market.

In the digital age, new wallets emerge regularly. Whether you are a newcomer to cryptocurrency or a seasoned crypto trader, a secured Bitcoin wallet is a critical device to have to secure your digital assets.

It doesn’t matter how much Bitcoin you own if you cannot store it right. Your digital wallet is of utmost importance as a Bitcoin holder, just like your regular wallet.

The USA has been booming with technology, especially in the FinTech arena and offers a list of digital wallets to its people to guide them in investing in digital currency.

• Coinbase

Founded in June 2012, Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, Ethereum, and litecoin. Our vision is to bring more innovation, efficiency, and equality of opportunity to the world by building an open financial system. Their first step on that journey is making digital currency accessible and approachable for everyone.

• Crypto.com

Founded in 2016, Crypto.com today serves over 10 million customers with one of the world’s fastest-growing crypto apps, along with the Crypto.com Visa Card — the world’s largest crypto card program — the Crypto.com Exchange and Crypto.com DeFi Wallet. Recently launched, Crypto.com NFT is the premier platform for collecting and trading NFTs, carefully curated from the worlds of art, design, entertainment and sports.

Crypto.com is built on a solid foundation of security, privacy and compliance. With over 4,000 people in offices across the Americas, Europe and Asia, Crypto.com is accelerating the world’s transition to cryptocurrency.

• Exodus
  

Exodus is a secure, user-friendly crypto wallet and exchange where you can store, manage, and trade your blockchain assets in one place. At Exodus, they look into every detail, from pixel-perfect icons to subtle sounds, creating a cryptocurrency experience that works for everyone. Their goal is to remove the geek requirement and make it fun and easy to learn and use cryptocurrency.

• Mycelium

Mycelium is pioneering private and secure digital banking. They build innovative products and services based on Bitcoin. Bitcoin is a new technology for consensus building between untrusted computer systems, a problem that was until now solved by using intermediaries trusted by all customers. This core innovation enables various end-user applications: instantaneous global money transfers, lower transaction fees for merchant payment systems, better remittance systems, and banking type services for the four billion people without access to banks.

• Robinhood

Robinhood was founded on a simple idea—that the financial markets should be accessible to all. In an industry where barriers have prevailed for too long, this hasn’t always been easy. Robinhood is levelling the playing field by making trading more intuitive, more affordable, and more inclusive to ensure that everyone, regardless of wealth or industry knowledge, feels empowered to participate in the financial system.

ALSO READ: Global FinTech Use Cases Report 2021