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I just looked back at the current cryptocurrency wallet market and found quite a few options for you. But before choosing, you need to understand how different types of cryptocurrency wallets operate.
Basically, there are two main types: cold wallets and hot wallets. Additionally, depending on the device, cryptocurrency wallets are divided into desktop wallets, mobile wallets, online wallets, hardware wallets, and exchange wallets. Most support Bitcoin (BTC), Ethereum (ETH), and many other coins.
If you want long-term storage, the Ledger hardware wallet is the most popular choice. It offers high security, supports over 1,000 cryptocurrencies, and is trusted by millions of users in over 150 countries. The Ledger Nano X has additional Bluetooth features and a larger screen, costing around $120–$420. If the wallet is lost, you can still recover all assets using the 24-word recovery phrase.
Want more flexibility? MetaMask is a popular hot wallet that works on computers, iOS, and Android. It allows you to interact with Ethereum and decentralized applications (dApps). Or Trust Wallet, an open-source wallet that fully supports Chinese language, with a simple interface but very high security.
Other types of cryptocurrency wallets are also worth considering. ImToken is a decentralized wallet serving 14 million users in over 150 countries, supporting from Layer 1 to Layer 2. Exodus supports more than 260 cryptocurrencies. Cobo combines cloud wallets and HD wallets, allowing flexible transfers. Each has its own advantages.
Regarding security, the order from lowest to highest is: web wallet < application wallet < hardware wallet. I recommend not using web wallets due to high risk—browser extensions, malware, and phishing links can all cause harm.
When choosing cryptocurrency wallets, pay attention to: verify the official website, check if the development company is reputable, see if the development team is transparent, verify if the source code is open, and never entrust your private keys to third parties.
A proper storage policy is: large assets in hardware wallets (Ledger Nano), small daily funds in hot wallets (MetaMask, Trust Wallet), and assets that need frequent trading can be kept on major exchanges. Remember to keep your recovery phrase, private keys, and passwords safe—that’s all you need to protect your assets.