Choosing your first cryptocurrency wallet, or switching to a new one, can be difficult. There are lots of things to consider in ensuring that you make the right choice, and this can become confusing. To help you with this decision, OWNR Wallet have put together their tips for choosing a crypto wallet which can help you to find the perfect option for you.
Choose a secure crypto wallet
The most important thing to consider when choosing a crypto wallet is that you select one that is very secure. Many crypto wallets will give access to a third party who can see and manage your assets, and require a confusing combination of private and personal keys to get into the wallet yourself. If you want to ensure that you’re the only one who can control your cryptocurrency assets, it’s vital that you choose one that works in a different way.
For example, to access the OWNR Wallet, you need to enter a seed phrase that only you know. The phrase is a combination of 12 to 24 words which need to be entered in the correct sequence, and only people who you give this sequence to will be able to view your assets. You can also have a password of your choice to protect your seed phrase, and have the option to add a pin code, face ID or touch ID once in the wallet too. With your seed phrase, it is recommended that you write it down on a piece of paper and keep it somewhere safe rather than store it on your device. You can also remind yourself of your seed phrase once you’re in the app if required.
Choose a crypto wallet that’s easy to use
If you’re new to cryptocurrency, or like to keep things as simple as possible, you might find that some crypto wallets are difficult to use. When you choose OWNR Wallet, you’ll be delighted with its user-friendly layout and how easy it is to manage your assets. When you first set up your OWNR Wallet, you can restore an old HD wallet if you have one, which means that you don’t need to spend time and effort uploading all of your currencies – this is thanks to the wallet’s asset autodiscovery feature. This works no matter how long the seed phrase of your previous wallet was, so you can be sure that it’ll work in your favour. If you’re starting from scratch, you can add in each of your coins with a simple touch of a button and will have your wallet up and running in no time.
With OWNR Wallet, you can choose from a number of different languages, and have your assets displayed in whichever fiat currency you like, so you can customise it to suit you. In addition to this, it is a multi-platform cryptocurrency wallet, meaning that it can be used on Windows, Linux, Android, and iOS. Should you encounter any issues, you can also rely on OWNR Wallet to help you out, no matter what time of day you’re managing your assets. Their 24/7 customer service support can be accessed directly through the app, so you don’t need to leave what you’re doing in order to make a phone call or send an email asking for assistance. This service gives users peace of mind when it comes to using OWNR Wallet, as you don’t need to worry about being stuck without help if you’re trying to carry out something that’s time sensitive.
Choose a crypto wallet that does everything you need
Some crypto wallets only work for certain coins, which can be frustrating when trying to manage multiple assets, but choosing a wallet that supports a range of currencies can help you to overcome this. With OWNR Wallet, you can control 11 different coins, including Bitcoin, Litecoin, and Ethereum, plus ERC 20 and Omni Layer tokens. In fact, your tokens will be added automatically whenever they’re received thanks to the wallet’s unique continuous token discovery option. Your assets will be listed for easy viewing, and you can switch between four different lists depending on what you want to see: all, coins, tokens, and favourites. Each coin has the option to buy, send, exchange, and receive next to it, so you can easily carry out whichever action you require.
Another great feature of the OWNR Wallet is that you can set up multiple accounts for each coin, which makes it very easy to track what’s coming in and going out, for example: Bitcoin for everyday spending. These accounts work independently from each other, and you can name each one something that makes sense to you, making them very useful for splitting asset flow.
More about OWNR Wallet
OWNR Wallet are a team of IT professionals based in Estonia. Established in 2018, the team includes individuals with backgrounds in everything from cryptocurrency and cyber security to marketing and fintech. Their aim was to create a cryptocurrency wallet that could be used by businesses, traders, developers, and absolute beginners, and they have achieved this with their easy to use, all-inclusive product. To download OWNR Wallet for yourself, visit where you can do this and find out more.
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