When Dogecoin was launched in 2013, it was meant to be a joke according to its creators. But since then, it has taken on a life of its own and is in fact among the top 10 in market cap. If you’re a fan of crypto, you’re likely to already own a few DOGE. As an investment, you will need to store your coins in one of the best Dogecoin wallets. We recommend trying one of these based on a thorough review.
Ledger Nano X
One of the most popular Dogecoin wallets, Ledger Nano X offers unparalleled security. As a premium hardware cryptocurrency wallet, this wallet is meant to keep your digital wealth as safe as possible. Unlike hot wallets that are vulnerable to attacks, Ledger Nano stays offline and away from hackers.
To ensure it’s as resilient as possible it uses an OS and CC EAL5+ certified Secure Element (SE) chip. Its security has also been audited, enhanced, and verified by the French National Cybersecurity Agency. One unique thing is that it does not hold your private keys. Since it’s non-custodial, your coins belong to you.
Beyond security, it provides more features such as the ability to store a wide variety of assets and connect your device to the smartphone through Bluetooth. With its well-designed user interface, you can easily manage your tokens currencies and also receive, transfer and buy different assets.
Physically, the wallet has a durable design guaranteed to last for years while maintaining its sleek design. That’s something to keep in mind if you like to be stylish.
KeepKey is also another significant player in the crypto hardware wallet market. Launched in 2015, it supports multiple cryptocurrencies such as Etherum, Dash, and of course Dogecoin. With KeepKey, you can generate and store several private keys. Whether you’re looking to build your portfolio or using multiple cryptocurrencies, this is the right wallet for you.
By taking over private key storage, private key generation and transaction signing, it integrates well with the wallet software. KeepKey is also compatible with PC, Mac, Linux and Android thus getting started is as easy as downloading corresponding browser or mobile applications. Once set up, you’ll want to add an account and choose the cryptocurrency you want to trade-in.
This way, you’ll be able to deposit your coins and even exchange them with others. KeepKey has a range of security measures including private key, recovery sentence, and passphrase. While it’s not as popular as Trezor or Ledger it obviously has a solid base and use case. The best part is that it’s one of the most affordable among other Dogecoin wallets in the market.
Trezor supports over 100 coins including Dogecoin, making it a worthy consideration among Dogecoin wallets. If you have a variety of crypto assets, therefore, you very likely won’t need another wallet. Another thing worth noting is that their team is always improving on the number of coins they can handle.
Over time, it has become one of the leading names in the hardware wallet space with good reasons. For starters the device is small, thin and very sturdy. It is also being constantly updated with various features through secure firmware updates,going to show the continuous effort Trezor makes to keep your coins safe.
But its biggest benefit is that it provides a safe way to store your coins. Besides requiring a personal PIN number to approve checking your balance, receiving and sending coins, a backup passphrase ensures you will never lose your assets. With the latest security features it uses, you have impenetrable protection.
For those who are looking for a more robust set of features from their Dogecoin wallets, it might be worth considering a software wallet. While they’re technically not as secure as the cold wallets, Trust Wallet has a good reputation for security and has not suffered any hacks since being launched.
But it is the wallet’s wide range of features that make it really stand out. Leveraging the features available on Binance exchange, you can access 14 different blockchains, hundreds of coins and thousands of other assets such as NFTs and dApps. Then, you can trade between these coins right from the app and even acquire more. While in the app, your assets continue to earn interest so you never lose out.
Which one is the best?
We can’t directly point out one of the above Dogecoin wallets as the best since they all have unique merits. That is why you will need to learn more about each of them and identify the one catering to your priority needs.