Cardano is slowly starting to build hype around its anticipated mainnet launch, and very soon, users will be able to stake its coins, getting rewards in the process. Despite being developed in 2017, Cardano can be considered a new chain, as it has gotten a testnet only recently. No wonder that many crypto users try to find out the best Cardano wallet and the Cardano staking wallet. In this article, we’ll make a quick review of all available solutions. It’s better to start with the simplest one.
Cardano Wallet Apps For Mobile Phones
Living in a modern world, we usually rely a lot on various portable devices, such as mobile phones, instead of good old desktop computers. That’s why crypto holders need mobile wallets. If you want to store Cardano on your mobile wallet, you’re lucky, because you’ve just found the best Cardano wallet for android and iPhone. It’s called Guarda. You can download this Cardano wallet here. Guarda supports dozens of blockchains, including Bitcoin, Ethereum, Cosmos, and all ERC20 tokens. You can use it to transfer coins and to check your Cardano wallet balance anytime.
Cardano Hardware Wallet
If you’re not happy with the security of the free Cardano wallet for mobile phones, you can spend some money and buy yourself a hard Cardano wallet. There are only a few hard Cardano wallets on the market yet, but the best one already supports it! You can store your Cardano on Ledger Nano S wallet and be sure that your crypto is kept safely. Ledger Nano S is a market leader, it offers the most advanced solutions, which have no documented security holes, unlike its competitors. You can use it anywhere, it requires 1 USB port and an internet connection, but it doesn’t send your private keys to the internet, so there’s no risk at all. The Ledger wallet will be a great choice for any Cardano investor. It costs around $100.
If you don’t want to spend money on hardware solutions, or if you don’t have much crypto, you can always use desktop applications. The Cardano team has developed an official Cardano GUI wallet, called Daedalus. If you have an Apple computer and you need a Cardano desktop wallet for iOS, it’s a wallet for you. Overall, it’s a well-rounded advanced wallet, it’s great as a main Cardano wallet for Mac and Windows, and as it comes from the developers’ team, it will include staking very soon. Also, in the future, it will support more cryptocurrencies. If you don’t know how to create a Cardano wallet, you can read a FAQ page on their site.
Very soon Cardano will become a trending crypto network, right after its launch. Right now, on Cardano Reddit, users discuss, how much tokens will be enough for staking, and how high the price will climb. So it’s not late yet to jump on that wagon and download a desktop Cardano wallet. If you want to buy ADA Cardano tokens, you can find it on ChangeNOW. And if you want to follow Cardano news, subscribe and read our blog!
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Originally published at https://changenow.io on November 29, 2019.