Crypto Basics

8 Best Crypto Wallets for Investors in 2023

Get the detailed review of 8 best crypto wallets of 2023 in this descriptive guide.
Token Metrics Team
9 Minutes
MIN

In the fast-evolving world of cryptocurrencies, investors need a secure and reliable place to store their digital assets. Crypto wallets play a crucial role in providing a safe haven for these investments. 

With numerous options available in the market, it's important for investors to choose the best crypto wallets that offer both security and convenience. 

In this article, we will understand the importance of a crypto wallet and explore the best crypto wallets for investors in 2023 that offer advanced security features, user-friendly interfaces, and support for a wide range of cryptocurrencies. So let's start with the basics -

What is a Crypto Wallet?

A crypto wallet, also known as a cryptocurrency wallet, is a software application, device, or physical medium that allows users to securely store, manage, and transfer their digital assets, such as Bitcoin, Ethereum, or other cryptocurrencies. 

Its primary purpose is to provide a secure storage solution and facilitate transactions with cryptocurrencies.

Types of Crypto Wallets

1. Software Wallets

Software wallets are digital applications that can be installed on various devices to manage cryptocurrencies. They offer convenience and accessibility. Here are some common types of software wallets:

  • Mobile Wallets - Mobile wallets are smartphone applications designed to run on iOS or Android devices. They offer a user-friendly interface and enable users to manage their crypto assets on the go. 
  • Desktop Wallets - Desktop wallets are applications installed on a personal computer or laptop. They provide enhanced security features and control over the private keys. 

2. Hardware Wallets - Hardware wallets are physical devices specifically designed for storing cryptocurrencies securely. They are offline wallets, making them less susceptible to hacking attempts. Well-known hardware wallets are Ledger Nano S and Trezor.

3. Paper Wallets - Paper wallets involve printing out the public and private keys on a piece of paper. Although they offer enhanced security by keeping the keys offline, they require caution to avoid physical damage or loss.

4. Online Wallets - Online wallets, also known as web wallets, are wallets hosted on the internet by third-party service providers. While they offer convenience, they are considered less secure compared to other types of wallets due to the potential risk of hacking and theft.

Note - When selecting a crypto wallet, investors should consider several factors. Security should be the top priority, followed by ease of use, additional features, and integrations. It's crucial to choose a wallet that aligns with individual preferences and investment strategies.

List of Best Crypto Wallets in 2023

The security of your digital assets is of paramount importance when it comes to cryptocurrencies. A reliable and secure crypto wallet can protect your funds from hackers and ensure that your investments remain safe. 

Additionally, a good crypto wallet should offer a user-friendly interface, seamless integration with various exchanges, and support for multiple cryptocurrencies. 

Let's dive into the best crypto wallets available for investors in 2023.

1. Coinbase Wallet

Key Features

1. Integration with Coinbase exchange
2. Multi-signature functionality
3. Diverse cryptocurrency support

Coinbase Wallet is a popular choice for investors due to its seamless integration with the Coinbase exchange. If you're already using Coinbase, this wallet offers a convenient way to manage your funds. 

The wallet supports multi-signature functionality, adding an extra layer of security to your transactions. It also supports a diverse range of cryptocurrencies, making it suitable for investors with various portfolios.

2. MetaMask

Key Features -

1. Secure Storage
2. Multiple Account Management
3. Decentralized App (dApp) Integration

MetaMask is a widely used web wallet that serves as a gateway to the decentralized web. It seamlessly integrates with popular decentralized applications (dApps) and provides a user-friendly interface for managing multiple cryptocurrencies. 

MetaMask's emphasis on security and its compatibility with various browsers make it a suitable choice for investors seeking accessibility and versatility.

3. TrustWallet

Key Features -

1. Ability to participate in DeFi protocols
2. Integration with hardware wallets for enhanced security
3. Built-in decentralized exchange (DEX)

For investors who prefer to manage their cryptocurrencies on the go, Trust Wallet offers a seamless mobile experience. 

This decentralized wallet is compatible with both Android and iOS devices, allowing you to access your digital assets anytime, anywhere. 

Trust Wallet incorporates the latest security measures, such as biometric authentication and encrypted backups, ensuring that your funds remain secure at all times.

4. Binance

Key Features

1. User-friendly interface
2. Easy integration with the Binance exchange
3. Robust security measures with advanced encryption

The Binance wallet is a professional and user-friendly cryptocurrency storage solution. It supports multiple cryptocurrencies, ensuring flexibility for users. 

The wallet prioritizes security through encryption techniques and offline storage options. Integration with the Binance exchange allows for seamless transfers. 

Additional features include transaction history tracking and balance monitoring, providing complete control over crypto holdings. Overall, the Binance wallet is a reliable and feature-rich choice for crypto enthusiasts.

5. Exodus Wallet

Key Features

1. User-friendly interface
2. Built-in exchange for easy trading
3. Support for multiple cryptocurrencies

Exodus Wallet is a software-based wallet that combines a sleek design with a user-friendly interface. It offers a built-in exchange, allowing you to trade cryptocurrencies without leaving the wallet's interface. 

Exodus supports a variety of cryptocurrencies, making it a versatile option for investors. The wallet also provides backup options and 24/7 customer support to assist users in case of any issues.

6. Crypto.com

Key Features -

1. Advanced security measures
2. Opportunities for staking and yield farming to earn passive income
3. Support for multiple blockchain networks

Crypto.com offers a best-in-class decentralized finance (DeFi) wallet for individuals interested in decentralized finance. With top-notch security measures and a user-friendly interface, it ensures the safety and convenience of users' digital assets. 

The wallet supports multiple blockchain networks and offers easy management of cryptocurrencies, tokens, and NFTs. Additionally, it provides opportunities for staking and yield farming, allowing users to earn passive income. 

Integrated with the broader Crypto.com ecosystem, the DeFi wallet allows seamless interaction with other products and services. Overall, Crypto.com's DeFi wallet is a reliable and feature-rich option for those looking to explore the world of DeFi.

7. Ledger Nano X

Key Features

1. Bluetooth connectivity for mobile use
2. Extensive cryptocurrency support
3. Robust security measures

The Ledger Nano X is a hardware wallet that offers advanced security features and the convenience of mobility. With Bluetooth connectivity, you can connect the wallet to your mobile device and manage your crypto assets on the go. 

Ledger Nano X supports a wide range of cryptocurrencies, including popular ones like Bitcoin, Ethereum, and Ripple. The wallet employs robust security measures to protect your funds and ensures that your private keys never leave the device.

8. Trezor

Key Features

1. Secure offline storage (cold storage)
2. Support for multiple cryptocurrencies
3. User-friendly interface

Trezor is one of the most reputable crypto wallets in the market, known for its exceptional security features. It offers offline storage, also known as cold storage, which keeps your private keys completely offline, away from the reach of hackers. 

With Trezor, you can store a wide range of cryptocurrencies, including Bitcoin, Ethereum, and more. The wallet also features a user-friendly interface, making it easy for beginners to navigate and manage their digital assets.

Frequently Asked Questions

Q1. What is the best crypto wallet for beginners in 2023?

For beginners, Coinbase and Ledger Nano X are excellent choices. Both wallets offer user-friendly interfaces and robust security features to ensure a safe and convenient experience

Q2. Are there any free crypto wallets available for investors?

Yes, there are free crypto wallets available in the market. Wallets like Exodus and Coinbase Wallet offer free versions with basic features. 

However, it's important to note that paid wallets often provide additional security features and enhanced functionality.

Q3. Can I store multiple cryptocurrencies in a single wallet?

Yes, many crypto wallets support multiple cryptocurrencies. Wallets like Trezor, Ledger Nano X, Exodus, and Coinbase Wallet allow you to store various cryptocurrencies in a single wallet, providing convenience for investors with diverse portfolios.

Q4. What is the difference between hardware wallets and software wallets?

Hardware wallets, such as Trezor and Ledger Nano X, are physical devices that store your private keys offline. They offer enhanced security by keeping your keys away from internet-connected devices. 

On the other hand, software wallets, like Exodus and Coinbase Wallet, are applications or programs installed on your computer or mobile device. They offer convenience and easy accessibility but may have slightly lower security compared to hardware wallets.

Q5. Can I recover my crypto assets if I lose my wallet or it gets damaged?

Most crypto wallets provide a recovery process known as the seed phrase or recovery phrase. This is a sequence of words that act as a backup for your wallet. 

If you lose your wallet or it gets damaged, you can use the seed phrase to restore your crypto assets on a new wallet or device.

Q6. How can I ensure the security of my crypto wallet?

To ensure the security of your crypto wallet, it's important to follow these best practices:

  • Choose a reputable and well-established wallet provider.
  • Enable two-factor authentication (2FA) for an added layer of security.
  • Keep your wallet software and devices up to date with the latest security patches.
  • Use a strong and unique password for your wallet.
  • Backup your wallet's seed phrase in a safe and secure location.
  • Be cautious of phishing attempts and only download wallet software from official sources.

Conclusion

Selecting the appropriate cryptocurrency wallet is crucial for safeguarding your digital assets and ensuring a seamless investment journey as a crypto investor. 

By comprehending the different wallet types accessible along with their distinct features, you can make an informed decision that perfectly aligns with your requirements and priorities.

Remember to consider your specific needs and preferences when selecting a wallet. Secure your investments and enjoy the exciting world of cryptocurrencies with a reliable crypto wallet.

Disclaimer

The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such.

Token Metrics does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

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Quantmetrics API: Measure Risk & Reward in One Call

Token Metrics Team
5
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Most traders see price—quants see probabilities. The Quantmetrics API turns raw performance into risk-adjusted stats like Sharpe, Sortino, volatility, drawdown, and CAGR so you can compare tokens objectively and build smarter bots and dashboards. In minutes, you’ll query /v2/quantmetrics, render a clear performance snapshot, and ship a feature that customers trust. Start by grabbing your key at Get API Key, Run Hello-TM to verify your first call, then Clone a Template to go live fast.

What You’ll Build in 2 Minutes

  • A minimal script that fetches Quantmetrics for a token via /v2/quantmetrics (e.g., BTC, ETH, SOL).
  • A smoke-test curl you can paste into your terminal.
  • A UI pattern that displays Sharpe, Sortino, volatility, max drawdown, CAGR, and lookback window.

Next Endpoints to Add

  • /v2/tm-grade (one-score signal)
  • /v2/trading-signals
  • /v2/hourly-trading-signals (timing)
  • /v2/resistance-support (risk placement)
  • /v2/price-prediction (scenario planning)

Why This Matters

Risk-adjusted truth beats hype. Price alone hides tail risk and whipsaws. Quantmetrics compresses edge, risk, and consistency into metrics that travel across assets and timeframes—so you can rank universes, size positions, and communicate performance like a professional.

Built for dev speed

A clean REST schema, predictable latency, and easy auth mean you can plug Sharpe/Sortino into bots, dashboards, and screeners without maintaining your own analytics pipeline. Pair with caching and batching to serve fast pages at scale.

Where to Find

The Quant Metrics cURL request is located in the top right of the API Reference, allowing you to easily integrate it with your application.

Build Smarter Crypto Apps & AI Agents with Token Metrics

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How It Works (Under the Hood)

Quantmetrics computes risk-adjusted performance over a chosen lookback (e.g., 30d, 90d, 1y). You’ll receive a JSON snapshot with core statistics:

  • Sharpe ratio: excess return per unit of total volatility.
  • Sortino ratio: penalizes downside volatility more than upside.
  • Volatility: standard deviation of returns over the window.
  • Max drawdown: worst peak-to-trough decline.
  • CAGR / performance snapshot: geometric growth rate and best/worst periods.

Call /v2/quantmetrics?symbol=<ASSET>&window=<LOOKBACK> to fetch the current snapshot. For dashboards spanning many tokens, batch symbols and apply short-TTL caching. If you generate alerts (e.g., “Sharpe crossed 1.5”), run a scheduled job and queue notifications to avoid bursty polling.

Production Checklist

  • Rate limits: Understand your tier caps; add client-side throttling and queues.
  • Retries & backoff: Exponential backoff with jitter; treat 429/5xx as transient.
  • Idempotency: Prevent duplicate downstream actions on retried jobs.
  • Caching: Memory/Redis/KV with short TTLs; pre-warm popular symbols and windows.
  • Batching: Fetch multiple symbols per cycle; parallelize carefully within limits.
  • Error catalog: Map 4xx/5xx to clear remediation; log request IDs for tracing.
  • Observability: Track p95/p99 latency and error rates; alert on drift.
  • Security: Store API keys in secrets managers; rotate regularly.

Use Cases & Patterns

  • Bot Builder (Headless): Gate entries by Sharpe ≥ threshold and drawdown ≤ limit, then trigger with /v2/trading-signals; size by inverse volatility.
  • Dashboard Builder (Product): Add a Quantmetrics panel to token pages; allow switching lookbacks (30d/90d/1y) and export CSV.
  • Screener Maker (Lightweight Tools): Top-N by Sortino with filters for volatility and sector; add alert toggles when thresholds cross.
  • Allocator/PM Tools: Blend CAGR, Sharpe, drawdown into a composite score to rank reallocations; show methodology for trust.
  • Research/Reporting: Weekly digest of tokens with Sharpe ↑, drawdown ↓, and volatility ↓.

Next Steps

  • Get API Key — start free and generate a key in seconds.
  • Run Hello-TM — verify your first successful call.
  • Clone a Template — deploy a screener or dashboard today.
  • Watch the demo: VIDEO_URL_HERE
  • Compare plans: Scale with API plans.

FAQs

1) What does the Quantmetrics API return?

A JSON snapshot of risk-adjusted metrics (e.g., Sharpe, Sortino, volatility, max drawdown, CAGR) for a symbol and lookback window—ideal for ranking, sizing, and dashboards.

2) How fresh are the stats? What about latency/SLOs?

Responses are engineered for predictable latency. For heavy UI usage, add short-TTL caching and batch requests; for alerts, use scheduled jobs or webhooks where available.

3) Can I use Quantmetrics to size positions in a live bot?

Yes—many quants size inversely to volatility or require Sharpe ≥ X to trade. Always backtest and paper-trade before going live; past results are illustrative, not guarantees.

4) Which lookback window should I choose?

Short windows (30–90d) adapt faster but are noisier; longer windows (6–12m) are steadier but slower to react. Offer users a toggle and cache each window.

5) Do you provide SDKs or examples?

REST is straightforward (JS/Python above). Docs include quickstarts, Postman collections, and templates—start with Run Hello-TM.

6) Polling vs webhooks for quant alerts?

Dashboards usually use cached polling. For threshold alerts (e.g., Sharpe crosses 1.0), run scheduled jobs and queue notifications to keep usage smooth and idempotent.

7) Pricing, limits, and enterprise SLAs?

Begin free and scale up. See API plans for rate limits and enterprise SLA options.

Disclaimer

All information provided in this blog is for educational purposes only. It is not intended as financial advice. Users should perform their own research and consult with licensed professionals before making any investment or trading decisions.

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Token Metrics Team
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Timing makes or breaks every trade. The crypto trading signals API from Token Metrics lets you surface bullish and bearish calls directly in your product—no spreadsheet wrangling, no chart gymnastics. In this guide, you’ll hit the /v2/trading-signals endpoint, display actionable signals on a token (e.g., SOL, BTC, ETH), and ship a conversion-ready feature for bots, dashboards, or Discord. Start by creating a key on Get API Key, then Run Hello-TM and Clone a Template to go live fast.

What You’ll Build in 2 Minutes

  • A minimal script that fetches Trading Signals via /v2/trading-signals for one symbol (e.g., SOL).
  • A copy-paste curl to smoke-test your key.
  • A UI pattern to render signal, confidence/score, and timestamp in your dashboard or bot.

Endpoints to add next

  • /v2/hourly-trading-signals (intraday updates)
  • /v2/resistance-support (risk placement)
  • /v2/tm-grade (one-score view)
  • /v2/quantmetrics (risk/return context)

Why This Matters

Action over analysis paralysis. Traders don’t need more lines on a chart—they need an opinionated call they can automate. The trading signals API compresses technical momentum and regime reads into Bullish/Bearish events you can rank, alert on, and route into strategies.

Built for dev speed and reliability. A clean schema, predictable performance, and straightforward auth make it easy to wire signals into bots, dashboards, and community tools. Pair with short-TTL caching or webhooks to minimize polling and keep latency low.

Where to Find

You can find the cURL request for Crypto Trading Signals in the top right corner of the API Reference. Use it to access the latest signals!

Live Demo & Templates

  • Trading Bot Starter: Use Bullish/Bearish calls to trigger paper trades; add take-profit/stop rules with Support/Resistance.
  • Dashboard Signal Panel: Show the latest call, confidence, and last-updated time; add a history table for context.
  • Discord/Telegram Alerts: Post signal changes to a channel with a link back to your app.

How It Works (Under the Hood)

Trading Signals distill model evidence (e.g., momentum regimes and pattern detections) into Bullish or Bearish calls with metadata such as confidence/score and timestamp. You request /v2/trading-signals?symbol=<ASSET> and render the most recent event, or a small history, in your UI.

For intraday workflows, use /v2/hourly-trading-signals to update positions or alerts more frequently. Dashboards typically use short-TTL caching or batched fetches; headless bots lean on webhooks, queues, or short polling with backoff to avoid spiky API usage.

Production Checklist

  • Rate limits: Know your tier caps; add client-side throttling and queues.
  • Retries/backoff: Exponential backoff with jitter; treat 429/5xx as transient.
  • Idempotency: Guard downstream actions (don’t double-trade on retries).
  • Caching: Memory/Redis/KV with short TTLs for reads; pre-warm popular symbols.
  • Webhooks & jobs: Prefer webhooks or scheduled workers for signal change alerts.
  • Pagination/Bulk: Batch symbols; parallelize with care; respect limits.
  • Error catalog: Map common 4xx/5xx to clear fixes; log request IDs.
  • Observability: Track p95/p99 latency, error rate, and alert delivery success.
  • Security: Keep keys in a secrets manager; rotate regularly.

Use Cases & Patterns

  • Bot Builder (Headless): Route Bullish into candidate entries; confirm with /v2/resistance-support for risk and TM Grade for quality.
  • Dashboard Builder (Product): Add a “Signals” module per token; color-code state and show history for credibility.
  • Screener Maker (Lightweight Tools): Filter lists by Bullish state; sort by confidence/score; add alert toggles.
  • Community/Discord: Post signal changes with links to token pages; throttle to avoid noise.
  • Allocator/PM Tools: Track signal hit rates by sector/timeframe to inform position sizing (paper-trade first).

Next Steps

  1. Get API Key — create a key and start free.
  2. Run Hello-TM — confirm your first successful call.
  3. Clone a Template — deploy a bot, dashboard, or alerting tool today.

FAQs

1) What does the Trading Signals API return?

A JSON payload with the latest Bullish/Bearish call for a symbol, typically including a confidence/score and generated_at timestamp. You can render the latest call or a recent history for context.

2) Is it real-time? What about latency/SLOs?

Signals are designed for timely, programmatic use with predictable latency. For faster cycles, use /v2/hourly-trading-signals. Add caching and queues/webhooks to reduce round-trips.

3) Can I use the signals in a live trading bot?

Yes—many developers do. A common pattern is: Signals → candidate entry, Support/Resistance → stop/targets, Quantmetrics → risk sizing. Always backtest and paper-trade before going live.

4) How accurate are the signals?

Backtests are illustrative, not guarantees. Treat signals as one input in a broader framework with risk controls. Evaluate hit rates and drawdowns on your universe/timeframe.

5) Do you provide SDKs and examples?

You can integrate via REST using JavaScript and Python snippets above. The docs include quickstarts, Postman collections, and templates—start with Run Hello-TM.

6) Polling vs webhooks for alerts?

Dashboards often use cached polling. For bots/alerts, prefer webhooks or scheduled jobs and keep retries idempotent to avoid duplicate trades or messages.

7) Pricing, limits, and enterprise SLAs?

Begin free and scale as you grow. See API plans for allowances; enterprise SLAs and support are available.

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Fundamental Grade Crypto API: Real Crypto Fundamentals in One Score

Token Metrics Team
3
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Most traders chase price action; Fundamental Grade Crypto API helps you see the business behind the token—community traction, tokenomics design, exchange presence, VC signals, and DeFi health—consolidated into one score you can query in code. In a few minutes, you’ll fetch Fundamental Grade, render it in your product, and ship a due-diligence UX that drives trust. Start by grabbing your key at the Get API Key page, Run Hello-TM to verify your first call, then Clone a Template to go live fast.

What You’ll Build in 2 Minutes

A minimal script to fetch Fundamental Grade from /v2/fundamental-grade for any symbol (e.g., BTC).

  • Optional curl to smoke-test your key in seconds.
  • A drop-in pattern to display the grade + key drivers in dashboards, screeners, and research tools.

Endpoints to consider next

  • /v2/tm-grade (technical/sentiment/momentum)
  • /v2/price-prediction (scenario planning)
  • /v2/resistance-support (risk levels)
  • /v2/quantmetrics (risk/return stats)

Why This Matters

Beyond price, toward quality. Markets are noisy—hype rises and fades. Fundamental Grade consolidates hard-to-track signals (community growth, token distribution, liquidity venues, investor quality, DeFi integrations) into a clear, comparable score. You get a fast “is this worth time and capital?” answer for screening, allocation, and monitoring.

Build trust into your product. Whether you run an investor terminal, exchange research tab, or a portfolio tool, Token Metrics discovery helps users justify positions. Pair it with TM Grade or Quantmetrics for a balanced picture: what to buy (fundamentals) and when to act (signals/levels).

Where to Find

The Fundamental Grade is easily accessible in the top right of the API Reference. Grab the cURL request for seamless access!

Ready to build?

  • Get API Key — generate a key and start free.
  • Run Hello-TM — verify your first successful call.
  • Clone a Template — deploy a screener or token page today.

Watch the demo: VIDEO_URL_HERE. Compare plans: Scale confidently with API plans.

FAQs

1) What does the Fundamental Grade API return?

A JSON payload with the overall score/grade plus component scores (e.g., community, tokenomics, exchange presence, VC backing, DeFi health) and timestamps. Use the overall grade for ranking and component scores for explanations.

2) How fast is the endpoint? Do you publish SLOs?

The API is engineered for predictable latency. For high-traffic dashboards, add short-TTL caching and batch requests; for alerts, use jobs/webhooks to minimize round-trips.

3) Can I combine Fundamental Grade with TM Grade or signals?

Yes. A common pattern is Fundamental Grade for quality filter + TM Grade for technical/sentiment context + Trading Signals for timing and Support/Resistance for risk placement.

4) How “accurate” is the grade?

It’s an opinionated synthesis of multiple inputs—not financial advice. Historical studies can inform usage, but past performance doesn’t guarantee future results. Always layer risk management and testing.

5) Do you offer SDKs and examples?

You can use REST directly (see JS/Python above). The docs include quickstarts, Postman, and ready-to-clone templates—start with Run Hello-TM.

6) Polling vs webhooks for fundamentals updates?

For UI pages, cached polling works well. For event-style notifications (upgrades/downgrades), prefer webhooks or scheduled jobs to avoid spiky traffic.

7) What about pricing, limits, and enterprise SLAs?

Begin free and scale as you grow. See API plans for allowances; enterprise SLAs and support are available—contact us.

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