OmiseGo Wallet — 3 Best Choices
With the abundance of cryptocurrency wallets on the market, it’s quite hard to choose the right one. Almost every wallet is claiming it’s the best, and it’s not always clear which one really is — so extensive research is needed. In this quick review, we did it for you. We collected the 3 best OmiseGo wallets that work best for long-term storage and frequent use.
We deliberately made this list short — 1 wallet for 1 use case, so you don’t get lost in abundance again. If you are considering investing in OmiseGo, you’re welcome to check the rates on ChangeNOW — here, you can buy OMG instantly, without registration, and for assets from dozens of different blockchains.
How we prepared this list
We assumed that the readers of this article would be interested in 2 main scenarios of using OmiseGo token.
First is the long-term investment, where there’s a need for a wallet with maximum security, and the tokens aren’t planned to be moved often. For this use case, we chose Ledger Nano S.
Second is active trading or short-term investment. Here, you’d need a convenient wallet that would allow easy swaps of OmiseGo for other assets. MyEtherWallet is a good choice here if you want to stay within the Ethereum ecosystem. Atomic Wallet works if you want to manage all your crypto portfolio in one place while having easy access to it from any device.
Let’s consider each wallet — we will explain our choice.
Over the years, this wallet has proven to be extremely secure, and it’s around the top choices for hardware wallets within the crypto community. Ledger is a flash drive that stores your private keys offline, so it’s physically unavailable to hackers for most of the time. Together with OmiseGo, on Ledger, you can store over 1000 different crypto assets. Syncing Ledger with a computer and a mobile phone via Bluetooth is easy, but as the wallet should be stored in a secure place, we recommend not bringing it with you outside your home or office. See the current Ledger Nano S price here.
MyEtherWallet is one of the first wallets for Ethereum developed as early as in 2015. It supports Ether, Ethereum Classic, and all ERC-20 tokens. If you want to trade OmiseGo against other Ethereum-based tokens on DEXs or want to collect an ERC-20 token portfolio, MEW is a good choice. This is an open-source wallet popular in the community. It’s available for web, Android, and iOS.
A cool feature is that you can use your MEW on Ledger and other hardware wallets to increase the security level. However, the wallet itself is quite secure since it stores the private keys on your device and the team can’t access them.
Atomic Wallet is the best choice for OmiseGo if you want to store the token along with the other assets, not only Ethereum-based ones. Atomic supports over 500 coins from all popular blockchains, including Bitcoin. It’s available for all major mobile and desktop operating systems. Same as MyEtherWallet, Atomic doesn’t have your private keys — they are stored on your device in an encrypted form.
In Atomic, you can swap coins for each other without KYC at reasonable fees — their built-in exchange tool is powered by ChangeNOW. Buy OmiseGo or other crypto assets right inside the wallet with your credit card.
Hope this guide was helpful for you. If you want to see more options for Ethereum and multi-asset wallets, see this article where we review MetaMask and Guarda Wallet.