You did it, you finally bought some DOGE. Despite probably getting a high amount of FUD (Fear, uncertainty, doubt) for it, you still managed to brave the storm, logged into your exchange, and bought some of that lovable crypto meme. So, the next question you should be asking yourself is, ‘where can I put it?’
Well, look no further than this best Dogecoin wallet article. Here, we will list the top 5 wallets that support Dogecoin, their strong points and their weak ones, what makes them special, etc. Although these are not the only crypto wallets on the market, they are of the most well-known and most secured ones.
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1. Coinomi Wallet
Coinomi Wallet is a non-custodial, multi-currency wallet. It can support more than 1,770 cryptocurrency assets. Having been around since 2014, it is one of the earliest wallets out there, which means it is battle-tested. It is also available for both desktop and mobile (iOS and Android). Like Atomic Wallet, it has 24/7 customer service support. However, it is a hot wallet, meaning you will need the internet to manage your funds.
It also boasts having no additional fees. Users only pay the fees to miners for transactions. In addition, it has a built-in crypto exchange, and most importantly, it is easy to use.
It supports Native Segwit for both Litecoin, Bitcoin, and many other cryptocurrencies. It also supports Unstoppable domain names, which are human-readable crypto domain addresses. In addition to that, the wallet supports a WB3 connection, and it has a Dapp browser, allowing you to connect to dapps right from within your wallet. It also supports multiple languages such as Chinese, Spanish, French, German, Russian, and others.
The Atomic Wallet is a non-custodial, multi-currency wallet, allowing it to support hundreds of coins and tokens. It has been renowned for being so easy to use. It also has good security features such as fingerprint security. However, it is a hot storage wallet, meaning that you will need the internet to allow you to manage your cryptos. But, it is private, so no Know-Your-Customer (KYC) is required.
Being a multi-currency wallet, it allows you to store a wide variety of tokens, both ERC20 and non-ERC20 tokens from other ecosystems such as Bitcoin, Litecoin, Ethereum, VeChain, Algorand, etc. However, it cannot store ERC-721 tokens (non-fungible tokens).
What is cool about this wallet is that it has its own swap exchange, allowing flexible atomic swaps between tokens. It is integrated with Changelly's price feeds, making it susceptible to any price slippages that may occur on Changelly.
Atomic Wallet has both a mobile and desktop wallet option, and it is available for both iOS and Android phones. The desktop wallet feature is compatible with Windows, macOS, Ubuntu, Debian, and Fedora.
Another cool thing is that the Atomic Wallet has its own native token, the AWC token, which allows you to stake and earn more AWC tokens. This allows users to receive other rewards/discounts. It has 24/7 customer service support, which is a big relief as you now have the assurance that you can receive almost instant help. You can either chat with a representative online or send an email.
One of the few downsides is that it does not have a multiple wallet feature.
The Trust Wallet is a non-custodial, multi-currency wallet. It can support up to 15 major cryptocurrencies and 20,000 supported tokens. This includes non-fungible tokens (NFTs). Like the other wallets mentioned above, it is easy to use. And just like the rest, it is a hot storage wallet, so you will need the internet to manage your cryptos.
It has its own built-in decentralized swap exchange, but it is limited as to the number of tokens you can swap for another. It is at least private, so no Know-Your-Customer (KYC) is required. It also has good security features.
Like the Atomic Wallet , the Trust Wallet allows you to store multiple cryptocurrencies from multiple blockchain ecosystems such as Bitcoin, Litecoin, Tezos, Ethereum, and VeChain.
It also has its own dApp browser, so you can access dApps through Trust Wallet without ever leaving it. It also supports multiple wallets, allowing you to store your funds in multiple wallets within just one app. It also has a good wallet connect feature, allowing you to connect to many more dApps than other wallets.
Its code is open-source, allowing anyone to check for faults and encourage constant improvement. However, it lacks live customer service support. You will need to use either Telegram or Discord to speak with someone if you are having issues.
Another good wallet is the Exodus Wallet, another non-custodial, multi-currency wallet. It can support more than 125 cryptocurrency assets. It is available for both desktop and mobile. With the mobile feature, it can be supported on either iOS or Android.
Thankfully, it has 24/7 customer service support while also having a built-in crypto exchange. But you have to pay a spread of 2% – 5% fees when using it.
Another advantage is that it is easy to use. But, it is a hot storage wallet, so you will need the internet to manage your cryptos.
5. Ledger Nano S and X
The Ledger Nano S and X are cold storage, non-custodial, multi-currency wallets. Tokens are safely stored and can be managed offline. Unlike a mobile or desktop wallet, the Ledger is superior in terms of security. It is a highly technologically advanced device for the safety and security of coins, which can support over 1,100 coins. The price for a Ledger Nano S is $59, while the Ledger Nano X is $119, both in US dollars.
What is cool is that you can swap tokens on the Ledger Live software itself. You just need to download it. The Ledger is integrated with other Web3 wallets such as Metamask, which allows you to securely connect your ledger with certain defi protocols.
Despite being able to support more than 1,000 coins, the Ledger Nano S only allows you to only store a few tokens. This depends on the memory space for each coin. For example, the necessary memory space to download the app to hold Ethereum and all ERC-20 and 721 tokens are big. But considering that many tokens are ERC-20, you be able to store as many ERC-20 tokens as you please. It is just that it can only support a few blockchain ecosystems. On the other hand, the Ledger Nano X allows you to store many more coins and tokens. It also has a built-in Bluetooth feature. Furthermore, the S is cheaper than the X.
Despite their great reputation, both devices have been known to be confusing and time-consuming to set up. In addition, because it is a cold wallet, it is travel restrictive. You would be unable to access your funds from anywhere unless you take your ledger everywhere you go, which makes it risky for you to lose it.
In addition, scam emails with the company's own logo are common, convincing users to download or upgrade software, which is only malware. Any true upgrade can be found on the Ledger Live software, which notifies users when they log in. Users are never to download anything from any email they receive. Users are encouraged to contact the company first before they proceed to verify if the email legitimately came from them.
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Best Dogecoin Wallet – Conclusion
So there you have it. These five are some of the most excellent contenders for the title of the best Dogecoin wallet. Each wallet has its own distinctions and advantages, so it is important to note if any of these are the right fit for you.
If you are looking for an easy-to-use wallet, then that would be Atomic Wallet.
If you are looking for the most secure wallet out there, that would be the Nano Ledgers.
If you are looking for 24/7 customer service support, then Exodus Wallet would be the best choice.
If you are looking where to store your non-fungible tokens (NFTs), then Trust Wallet would be your best bet.
Are you using the Binance Smart Chain and Ethereum in addition to holding Dogecoin? If so, then you will need the Trust Wallet. How much of it are you going to buy?
Due to the token's low price and very limited usage case, this writer is not of the opinion that a cold storage wallet is needed. Unless you are going to spend thousands of dollars on buying Dogecoin, a mobile wallet should suffice.
For this specific topic, if there was a wallet that this writer would recommend, it would be Trust Wallet. Not only can you safely store your DOGE, but you can also participate in DeFi platforms in both the Binance Smart Chain and Ethereum. Moreover, you can create multiple wallets within it, each with its own private keys. So if you want to ensure further security, you can store your DOGE tokens in one wallet while using other wallets to play around in other blockchains safely.
In addition, it is also easy to use, has its own DEX and its own browser where you can safely navigate to finding that next popular DeFi platform supports multi-currency options, and much more. What’s not to like about it?
If you are looking for a second-best option, then that would be Atomic Wallet. With its 24/7 customer service support, as well as its easy-to-use features, it is no wonder that Atomic Wallet is one of the most popular crypto wallets out there. You can also receive discounts if you buy and hold its native token on the wallet. In addition, it also has its own DEX that is much more flexible than Trust Wallet to swap tokens for.