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Designed as a scalable and user-friendly version of Ethereum, EOS is a platform for the development of decentralised applications (dapps). EOS coins (EOS) are the native token of the platform, and this cryptocurrency is firmly established as one of the 10 biggest digital currencies by market cap.
If you're planning on buying any EOS, you'll need to find a safe and secure wallet where you can store your coins. There are several options to choose from, so let’s take a closer look at the best wallets and the key features they have to offer.
To ensure that you find a safe and secure EOS wallet, remember to look for the following features:
Considering these issues will help you narrow the field down to a selection of suitable wallets. Now let’s take a look at some of the best wallets for storing EOS coins.
With Touch ID support, Infinito Wallet offers fast and convenient access to your cryptos without sacrificing security. This multilingual app will also support 12 languages by the end of Q3 2018, and offers an intuitive interface that novice users should be able to understand quickly. Your private keys remain on your device, and your passphrase and private keys are fully encrypted.
And with a host of positive reviews from Android and iOS users, Infinito Wallet is well worth checking out for anyone looking to store EOS alongside a range of other currencies.
Developed by EOS Rio, an EOS Block Producer candidate based in Rio de Janeiro, SimplEOS is a wallet made for the sole purpose of interacting with the EOS ecosystem. It's completely integrated with all features of the EOS.IO software and is compatible with Windows, Mac and Linux operating systems.
Once downloaded, SimplEOS makes it easy to send, receive and store EOS coins. It offers multiple accounts support, is compatible with EOS airdrops, and includes a voting portal.
Of course, if you want to store coins and tokens other than EOS you'll need to look elsewhere. Support for secure delayed transactions and mobile wallets for iOS and Android are listed as upcoming milestones in the SimplEOS roadmap, so it's another wallet well worth considering.
When you use Scatter, all your important data is stored on your device. When Scatter does send any data to a blockchain, it's only transmitted as a “hashed fingerprint”, which is an irreversible jumble of characters and numbers.
Scatter currently supports the EOS and Ethereum blockchains, but more will be added in future. While the setup process is easy, newcomers to blockchain and digital currency might find it a little difficult to wrap their head around. A desktop version is also in the works, but was in the beta phase at time of writing (July 2018).
The last wallet on our list is this desktop offering from block production firm Greymass.
Greymass eos-voter supports full interaction with the EOS blockchain in the form of smart contracts. Available for Windows, Mac and Linux operating systems, it lets you transfer and store EOS coins, vote for Block Producers, as well as stake your EOS as either Bandwidth or CPU. All transactions are signed within the app, which means your private key is never transmitted, and there's a temporary usage option if you'd rather not store your keys within the application.
However, before deciding whether it's the right wallet for you, compare its user interface with the interfaces of some of the other options in this list to see how it stacks up against the competition.
However, for long-term storage, exchange wallets aren’t recommended for two key reasons:
As a result, storing your tokens on a cryptocurrency exchange exposes them to security risks, so many crypto users recommend transferring your holdings off the exchange and into a secure wallet elsewhere.
Want to keep your EOS or any other crypto coins and tokens as safe as possible? Remember these important tips:
Check out our comprehensive guide to choosing a crypto wallet
At time of writing the author holds ADA, ICX, IOTA and XLM.
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