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9 Best Multi-chain Cryptocurrency Wallets in 2024

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In this article, you’ll find the 9 best multi-cryptocurrency wallets, enabling you to store assets and engage with various blockchain networks. The overview includes software and hardware wallets.

List of top multi-chain cryptocurrency wallets

Quick look

  • Trust Wallet: Beginner-friendly mobile crypto wallet for easy buying, selling, and exploring DeFi.
  • Exodus Wallet: User-friendly desktop and mobile wallet for holding and managing various cryptocurrencies.
  • Coinbase Wallet: Secure and user-friendly wallet with educational resources but higher fees.
  • Ledger Nano X: Top-tier security hardware wallet for safekeeping a vast range of cryptocurrencies.
  • Crypto.com DeFi Wallet: Decentralized wallet with control over private keys and access to diverse DeFi services.
  • Trezor Model T: Secure hardware wallet with a large display supporting numerous coins and tokens.
  • Guarda Wallet: Easy-to-use, feature-rich wallet with some security concerns due to closed-source code.
  • SafePal S1: Affordable hardware wallet with extensive language support and convenient mobile app integration.
  • Rabby Wallet: Open-source, EVM-focused wallet ideal for experienced DeFi users.

What is a multi-chain wallet?

A multi-chain wallet is a cryptocurrency wallet that allows you to store assets on and interact with multiple blockchain networks.

According to specialists, a multi-chain digital wallet allows for exchanging digital assets across different blockchains without a third-party intermediary, ensuring decentralization, safety, and reliability.

Looking for a multi-chain crypto wallet? Discover swissmoney

swissmoney crypto wallet

In 2021, swissmoney launched a multi-cryptocurrency wallet, simplifying management across five blockchains. Developed by Swiss experts, it offers multiple wallets, fiat transactions via SEPA, and a payment card with high limits.

It prioritizes security with encryption, cold storage, and two-factor authentication. Funds are held in BankFrick accounts and fiat currencies are protected by the Bank of Lithuania.

Key features of swissmoney multi-chain crypto wallet:

  • Support for crypto and traditional financial services.
  • Various deposit methods.
  • Instant transfers.
  • No strict limits on card payments.
  • A simple and fast onboarding process.
  • Available in 210+ countries and territories.

The swissmoney wallet works on desktop and mobile, offering a simple interface for financial services.

An Easier Way: swissmoney App
An Easier Way: swissmoney App
Fiat or crypto, Android or iOS we promise you the best Swiss quality experience.
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Best multi-chain crypto wallets: Comparison table

Wallet Type Coin Support Security Deposit/Withdrawal fee
Trust Wallet Software 140+ Medium  None
Exodus Wallet Software Up to 100 Medium  None
Coinbase Wallet Software 240+ Medium  None
Ledger Nano X Hardware 1,800+ High Third-party provider
Crypto.com DeFi Wallet Software 1,000+ tokens across 30+ blockchains Medium Free deposits, ~$0.25 withdrawal fee
Trezor Model T Hardware 9000+ coins and tokens High Depends on a third-party provider
Guarda Wallet Software 50 coins and 400k+ tokens Medium  Exchange partners charge 0.5%
SafePal S1 Hardware 100+ blockchains and 200,000+ tokens High 0.6% top-up fee
Rabby Wallet Software 147 chains Medium N/A

9 best multi-chain cryptocurrency wallets in 2024

Trust Wallet

trustwallet homepage

Trust Wallet is a Web3 wallet. Its user-friendly interface simplifies cryptocurrency transactions. You can purchase, sell, and exchange cryptocurrencies, earn rewards, manage NFTs, and explore decentralized applications (dApps).

This Web3 wallet is available on mobile devices and as browser extensions, making it convenient for all users, especially experienced crypto investors.

Why choose Trust Wallet?

Trust Wallet is a safe and user-friendly mobile wallet that supports multiple cryptocurrencies, staking, and DApp browsing. It’s a secure option for storing funds with advanced crypto features.

Pros: Cons:
  • No personal data is required.
  • Most coins are supported only on a mobile wallet.
  • Access to Web3 dApps and DeFi protocols.
  • Advanced features may be tough for beginners.
  • Supports NFTs and NFT marketplaces.

Type of wallet: Software wallet, making it more convenient but less safe.

Key features:

  • Access to NFT marketplaces.
  • Access to Web3 decentralized applications (DApps) and decentralized finance (DeFi) protocols.
  • No need for personal data.

Coin support: 140+

Deposit/withdrawal fee: None.

Security: The crypto wallet offers advanced security measures, including biometrics, bug bounty programs, risk monitoring tools, independent security audits, alerts for risky USDC wallet addresses, Secure Enclave, and encrypted cloud backup are all part of the security features.

Ease of use: Trust Wallet’s easy-to-use interface is ideal for beginners. It has a simple layout and intuitive icons, perfect for mobile use. Although mainly for mobile, a browser extension offers some desktop features.

📚Read: How to Withdraw From Trust Wallet: A Complete Guide

Exodus Wallet

exodus wallet homepage

Introduced in 2015, Exodus is an easy-to-use crypto wallet for managing and securing Bitcoin and other cryptocurrencies. It also lets you hold funds in different currencies.

Available on mobile, desktop, and Web3 wallet platforms, Exodus supports many cryptocurrencies with a simple interface on desktop (Windows, macOS, Linux) and mobile (iOS, Android) devices.

Why choose Exodus Wallet?

Exodus Wallet is a good pick for a simple, secure, versatile multi-cryptocurrency wallet on their computer or phone. It can handle many different cryptocurrencies and features like staking and tracking portfolios.

Pros: Cons:
  • Works on iOS and Android.
  • Some say fees are high.
  • No need for personal info to finish the setup.
  • Security worries about code being closed-source.
  • High security.

Type of wallet: Software wallet, making it more convenient but less safe.

Key features:

  • Simple interface for easy use.
  • Exchange feature included.
  • Earn staking rewards in the wallet.
  • Accessible on desktop and mobile.

Coin support: Up to 100

Deposit/withdrawal fee: None.

Security: The Exodus Wallet uses a self-custody solution and applies cloud security. They also have dedicated security teams.

Ease of use: Exodus wallet is user-friendly and visually appealing, and it is available on desktop and mobile devices for easy asset management.

Coinbase Wallet

Coinbase wallet page

Coinbase, the biggest cryptocurrency exchange in the US, is well-liked by investors for its reliable platform. It has an easy-to-use interface, offers many cryptocurrencies, and provides opportunities to earn free crypto.

Additionally, the Coinbase Wallet is an EVM-compatible software wallet emphasizing secure trading by complying with regulatory standards.

It’s a self-custody wallet, meaning users have full control over their private keys and crypto assets stored directly on their mobile devices, not with the exchange.

Why choose Coinbase Wallet?

Choose Coinbase Wallet for its wide range of supported crypto assets, simplified user interface, two-factor authentication for security, and educational resources for beginners

Pros: Cons:
  • User-friendly crypto wallet interface.
  • Higher fees than some other wallet choices.
  • Abundant educational materials.
  • Limited customer support availability.
  • Accessible in 130+ countries.

Type of wallet: Self-custodial software wallets are convenient and let users retain complete control over private keys. However, they are not immune to hacking and various scams.

Key features:

  • Allows users to interact with DeFi protocols.
  • Comprehensive support for crypto and traditional finance.
  • Flexible deposit options.
  • No strict card payment limits.
  • Easy onboarding.
  • Available on Apple Store and Google Play.

Coin support: 240+

Deposit/withdrawal fee: None.

Security:
Coinbase Wallet is a secure option due to its self-custody nature and use of industry-standard security measures, such as advanced risk management, encryption, custodial insurance, and 2FA.

Ease of use: It has a user-friendly interface and strong security features, which is ideal for beginners who value ease of use and secure storage of their crypto holdings.

📚Read: How to Withdraw from Coinbase: A Comprehensive Guide

Ledger Nano X

Ledger nano x product

Ledger, founded in 2014, is famous for its high-quality cold wallets designed by blockchain security experts. They provide tailored security solutions for banks, hedge funds, and high-net-worth individuals.

Their main product, the Ledger Nano X, supports NFT portfolios and over 1,800 cryptocurrencies and works seamlessly on iOS, Android, and Windows platforms. It is a popular hardware wallet in the crypto space that offers especially high-level security.

Why choose Ledger Nano X?

Selecting the Ledger Nano X wallet ensures top-notch security and ease. With offline storage, Bluetooth, broad coin support, and a user-friendly design, it offers a secure and simple solution for managing digital assets.

Pros: Cons:
  • Accessible via Ledger Live mobile app.
  • Higher cost.
  • Enhanced security.
  • The setup may be complex.
  • Large storage capacity.

Type of wallet: Hardware wallet, which is less convenient but way more secure than other types.

Key features:

  • Secure offline storage.
  • Bluetooth connectivity for multiple devices.
  • Increased storage space.
  • Compatibility with 5,500+ coins and tokens.
  • Support for staking and NFTs.

Coin support: 1,800+

Deposit/withdrawal fee: A third-party provider determines it.

Security: The cryptocurrency wallet is an offline solution that offers enhanced security features, such as CC EAL5+ certified secure chip and PIN code and the BOLOS operating system, which help protect the user’s private keys from malware and other security threats.

Ease of use: The Ledger Nano X wallet is easy to use on both desktop and mobile. It securely manages digital assets and connects to mobile devices via Bluetooth. Ledger Live makes it simple to manage crypto assets.

Crypto.com DeFi Wallet

crypto.com defi wallet

Crypto.com DeFi Wallet was introduced by Crypto.com, a leading crypto payment service provider, in November 2020. The multi-cryptocurrency wallet supports multiple cryptocurrencies and blockchain networks. It allows users to manage their assets across various chains.

The Crypto.com DeFi wallet is decentralized, giving you control over your private keys. As a non-custodial wallet, it grants access to diverse DeFi services. Store, swap, and earn interest on tokens for flexibility and security.

Why choose Crypto.com DeFi Wallet?

Crypto.com DeFi wallet is ideal for users who want complete control over their private keys and funds. It offers various DeFi services, including token storage, staking, swapping, transferring, and interacting with decentralized apps.

Pros: Cons:
  • Easy setup and funding with bank transfer or card.
  • Transactions require a Crypto.com app.
  • Rebates on 25+ tokens.
  • Limited education and analysis tools.
  • Tracks portfolio growth and facilitates quick operations.
  • A 0.05% service fee applies to any earnings you make through its DeFi services.
  • Supports many blockchains and NFTs.
  • Complex for beginners.
  • High-level security.
  • Availability varies by jurisdiction.
  • Users keep ownership of private keys.

Type of wallet: Non-custodial software wallet, allowing users to manage their private keys.

Key features:

  • Users have control over private keys.
  • Multiple chains for managing assets.
  • Swapping over 1000 tokens.
  • Available on desktop, mobile, and browser.
  • Governance functions for certain blockchains.

Coin support: 1000+ tokens across 30+ blockchains.

Deposit/withdrawal fee: Free deposits and about $0,25 fee in the token for withdrawal.

Security: The Crypto.com DeFi Wallet is non-custodial, giving you control over your private keys. You’re responsible for securing your deposits. It offers security features like Two-Factor Authentication with TOTP, a 12-word recovery phrase, and local encryption.

Ease of use: The Crypto.com DeFi Wallet is easy to use on desktop and mobile. You can download it as a Chrome extension or standalone app on a desktop and as a mobile app for iOS and Android.

📚Read: How to Sell Crypto on Crypto.com?

Trezor Wallet Model T

Trezor model T wallet

Trezor makes high-quality hardware wallets, with the Model T being its best choice. It focuses on security by keeping keys offline and making users confirm transactions on the device.

The Trezor Model T hardware wallet has encrypted storage, connects to mobile devices via USB-C, and has an easy-to-use interface. It provides better security and more features than cheaper Trezor models.

Why choose Trezor Wallet?

Opting for the Trezor Model T ensures top security. It supports multiple cryptocurrencies and is compatible with popular wallets and services for secure storage and access to funds.

Pros: Cons:
  • Fast quad-core ARM processor.
  • No Bluetooth.
  • Full ownership of coins.
  • Higher price.
  • Convenient access to recovery seed.
  • Supports major cryptocurrencies.

Type of wallet: A hardware wallet, less convenient but significantly more secure than other options.

Key features:

  • Compatible with browsers, desktop operating systems, and Android devices via USB-C.
  • Trezor Suite for coin management.
  • 1.54″ LCD screen.
  • Provides a 12-word Standard Backup and Shamir Backup for safe asset recovery.

Coin support: 9000+ coins and tokens.

Deposit/withdrawal fee: Depends on third-party providers.

Security: The Trezor Model T hardware wallet is highly secure, storing keys offline in a secure chip. It uses a PIN code for access, supports passphrase creation, and offers Universal 2nd Factor (U2F) and FIDO2 Authentication.

Ease of use: The Trezor Model T is a user-friendly hardware wallet with a large touchscreen display, providing a faster and more convenient typing experience than traditional models.

Guarda Wallet

Guarda Wallet homepage

Introduced in 2017, Guarda Wallet has become a complete platform offering safe digital wallets for easy storage and management of digital currencies.

Its flexible products work on all browsers, operating systems, and smartphones, making them accessible worldwide.

Why choose Guarda Wallet?

Guarda Wallet is a top pick for users who want a secure, versatile, and easy-to-use multi-currency wallet. It’s great for managing different crypto portfolios.

Pros: Cons:
  • Accessible on iOS and Android.
  • Some users find the trading fees too high.
  • High level of security.
  • Security worries stem from closed-source code.
  • No need for personal data input to create a wallet.

Type of wallet: Non-custodial multi-currency software wallet lets users hold assets in multiple currencies online.

Key features:

  • Web, mobile, and desktop wallets.
  • Prepaid Visa card.
  • Works with Apple Pay and Google Pay.
  • Includes built-in exchange.

Coin support: 50 coins and 400k+ tokens.

Deposit/withdrawal fee: Exchange partners charge a 0.5% fee for transactions within the same blockchain.

Security: The Guarda Wallet is a highly secure multi-chain wallet that uses open-source code that offers robust security features like Touch ID and the option to sync with a Ledger hardware wallet.

Ease of use: The Guarda Wallet interface is very easy to use, making it simple to manage cryptocurrencies and assets on various blockchains. It’s available on desktop and mobile, giving users flexibility and easy access to their digital assets.

SafePal S1

Safepal S1

SafePal, founded in 2018, is a complete crypto wallet suite with over 10 million users globally. Big names like Binance, Animoca Brands, and Superscript trust it. It provides non-custodial solutions like hardware wallets, mobile apps, and browser extensions.

SafePal S1 is the first hardware wallet invested in by Binance Lab. It is a fully decentralized wallet that allows users to retain 100% ownership of their assets.

The SafePal App doesn’t collect or save users’ data. It’s a mobile platform for users to link with their hardware or software wallets and manage crypto assets.

SafePal helps users securely navigate the decentralised world, giving them control over their crypto journey.

Why choose the SafePal S1?

The SafePal S1 hardware wallet is affordable and supports various cryptocurrencies. It offers strong security, offline storage, and an easy-to-use design, suitable for beginners and experienced crypto users.

Pros: Cons:
  • Offers diverse wallet options and industry support.
  • Provides extensive language and blockchain support.
  • Convenient buying and selling features.
  • Competitive swap rates and fees.
  • Seamless integration with major exchanges.
  • Opportunities for earning rewards through staking and events.
  • The wallet is only compatible with the SafePal app.
  • Online reviews suggest that it has a limited battery lifespan.

Type of wallet: Hardware wallet, which may be less convenient but offers a higher security level.

Key features:

  • The Safepal wallet app supports 15 languages and allows buying over 35 cryptocurrencies with convenient payment methods.
  • Only the size of a credit card, super lightweight and portable
  • 24/7 crypto management.
  • QR code scanning option and USB-C.
  • Unlimited storage amount for cryptocurrencies.
  • The app offers regular events with opportunities to win rewards like NFTs, presales, and token airdrops.

Coin support: 100+ blockchains and 200,000+ tokens.

Deposit/withdrawal fee: A 0.6% top-up fee.

Security: The SafePal S1 has a 100% air-gapped signing mechanism, an EAL 5+ independent secure element, a true random number generator, multiple layers of security sensors, and an anti-tampering self-destruct mechanism.

Ease of use: The SafePal S1 hardware wallet has an easy-to-use design and a 1.3-inch colour display. It works on desktop and mobile platforms and syncs smoothly with the SafePal mobile app for added convenience.

Rabby Wallet

Rabby wallet

The DeBank team developed the Rabby Wallet in 2021. It’s an open-source crypto wallet made for Ethereum and all EVM chains, providing a seamless experience for DeFi users across multiple chains.

Be cautious of fake Rabby Wallet apps on the Apple App Store. For safety, only download the official Rabby Wallet from trusted sources like the website or Google Play Store.

Why choose Rabby Wallet?

The Rabby Wallet is an open-source EMV-compatible software wallet for Ethereum. It has a friendly interface, supports multiple chains well, offers security features, and works with different platforms and dApps.

Pros: Cons:
  • Installation is quick, taking less than a minute.
  • Includes a pre-sign check for added safety.
  • Can connect to many other wallets for flexibility.
  • Supports a wide range of decentralized applications (dApps).
  • Incorporates pre-transaction risk scanning to enhance security.
  • Lack of beginner-friendly instructions.
  • Limited support for popular blockchains like Cosmos or Solana.
  • Currently only available on Chrome and Brave browsers, with future versions for Firefox and Edge.

Type of wallet: Software wallet compatible with other solutions, offering a simple user interface but less security.

Key features:

  • Smooth multi-chain experience.
  • The wallet shows an estimated balance change.
  • It supports various mobile, institutional, and hardware wallets,

Coin support: 147 chains.

Deposit/withdrawal fee: N/A.

Security: Open-sourced Rabby Wallet emphasizes security through various features like pre-transaction risk scanning, an audit by a professional security company, and a well-proven private key management component from MetaMask. It also uses the most friendly MIT license.

Ease of use: The Rabby Wallet provides a friendly interface and strong security, which is ideal for handling digital assets on Ethereum and EVM chains. It’s accessible on different browsers and supports numerous dApps and wallet connections.

Note:

  • All information provided is dated 22 March 2024 and may have been updated since. Please check each platform’s official website for the latest information.

How does a multi-chain crypto wallet work?

Think of multi-chain wallets as a central hub for crypto activities, linking you to different blockchains through one platform.

They let you view balances, send and receive crypto across networks, and use applications. It’s like using a universal adapter to connect to different electrical outlets.

However, you’re responsible for security (you control the keys), and transaction fees may apply depending on your actions and the wallet you choose.

Why are multi-chain wallets important?

Multi-chain wallets are crucial in the cryptocurrency world. Here are the main reasons why:

  • Simplicity: They let users store and manage assets from different blockchain networks in one place, diversifying their holdings. Some wallets even allow direct asset swaps between different blockchains, promoting flexibility and liquidity management.
  • Variety: They support a wide range of blockchain networks, giving users versatility in managing their assets.
  • Convenience: Users can easily track and manage their digital assets without needing multiple wallets, improving efficiency.
  • Security: They have strong security features to protect funds across multiple chains, offering better security than single-chain wallets.

Multi-chain vs cross-chain – what is the difference?

Multi-chain wallets primarily manage crypto assets within their native blockchains, while cross-chain technology facilitates asset and data transfer between different blockchains.

See the table below for further details.

Feature Multi-chain wallet Cross-chain technology
Primary function Manage crypto assets on individual blockchains Transfer assets and data across blockchains
Interaction with blockchains Integrates with multiple blockchains Acts as a bridge between blockchains
Analogy Universal remote control Currency exchange office

What are the pros and cons of using a multi-chain cryptocurrency wallet?

While multi-cryptocurrency wallets may look like a choice for you, study and evaluate their pros and cons:

Pros:

Diversification of assets: Multi-chain wallets let users manage assets from different blockchain networks in one place, diversifying cryptocurrency holdings.

Convenience and efficiency: Consolidating assets into one wallet makes tracking and managing digital assets easy without needing multiple wallets, enhancing convenience and efficiency.

Interoperability: These wallets facilitate interaction with decentralized applications and transactions across different blockchain networks, promoting seamless interoperability.

Enhanced security: Multi-chain wallets often have strong security features to protect users’ funds across multiple chains, offering better security than single-chain wallets.

Cons:

Time and cost: Building and managing apps across many chains is costly and time-consuming, as developers need to adapt algorithms for each blockchain.

Transaction delays: Multi-chain wallets might have transaction delays because users must seek permission to access data, which can slow down transaction processing.

How to choose the best multi-chain wallet

#1: Security

Different multi-currency wallets have varying security levels. Prioritize wallets with strong security features, such as two-factor authentication (2FA), multi-signature authorization, and a proven track record of protecting assets from hacks and vulnerabilities.

#2: Pricing

Cryptocurrency wallets come at different prices depending on their type. Hardware crypto wallets typically cost between €50 and €200, and cryptocurrency deposit and withdrawal fees depend on third-party providers.

On the other hand, hot wallets are usually free but may have deposit and withdrawal fees, so it’s essential to check these charges carefully. These fees vary depending on whether you transfer crypto to another wallet or use it on an exchange.

#3: Wide blockchain support

Select a wallet that can handle various cryptocurrencies and works across various blockchain networks, giving you flexibility in managing your digital assets.

However, focus on your specific needs rather than the many options available. Be selective and opt for a platform that supports the currencies you know you’ll use.

#4: Features

Look for wallets with added features such as integrated trading platforms and built-in exchange services. These make trading between cryptocurrencies easier. Also, consider wallets that offer staking options to earn rewards on held funds.

#5: Reputation

Choose multi-cryptocurrency wallets with a good history of reliable service and no major security issues or scandals. Look at reviews on platforms like Trustpilot and read user feedback to ensure their reliability.

Check their social media. Do these wallets engage with users and address concerns? Also, see if they’ve been mentioned in positive or negative news articles.

#6: User-friendliness

For easy transactions, whether new or experienced, choose wallets with a simple design and advanced features. Look for clear layouts, transaction history, and mobile-friendly options, especially if you’re new to cryptocurrency.

📚Read: How to Choose The Right Crypto Wallet

How to create a multi-chain wallet

Step #1: Choose a trusted multi-chain wallet provider and get it from the official site.

Step #2: Install the app on your device. If you have a cold wallet, follow the instructions to set up the device.

Step #3: Register for an account and complete a KYC process by providing all necessary documents.

Step #4: Top up your account. You can usually link it to your bank account or payment card or transfer funds from another cryptocurrency wallet.

Wait for the funds, and you will be ready.

📚Read More: How to Create a Crypto Wallet

Looking for a multi-chain wallet for daily use?

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swissmoney crypto wallet

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An Easier Way: swissmoney App
Fiat or crypto, Android or iOS we promise you the best Swiss quality experience.
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Conclusion

This article presents the top 9 multi-chain cryptocurrency wallets for 2024. Multi-chain wallets allow users to manage different cryptocurrencies across various blockchain networks in one place, making it easier to handle diverse digital assets.

Ultimately, selecting the right multi-chain wallet is crucial for both beginners and experienced users alike. It provides a seamless experience for managing digital assets across different blockchain networks, promoting versatility and ease of use in the world of cryptocurrency.

Methodology: How we chose the best multi-chain wallets

We thoroughly reviewed the top multi-chain wallets by examining independent sources and user feedback. Our assessment covers features, security, pricing, pros and cons, drawing from official websites and reputable reviews.

We focused on multi-chain wallets with robust security, fair fees, and advanced trading features. Our findings are summarized above.

FAQs

What is a multi-coin wallet?

A multi-coin wallet is another name for a multi-chain wallet. The same goes for multi-cryptocurrency wallets.

What is the best multi-chain wallet?

Here are some of the best multi-cryptocurrency wallets:

  1. Trust Wallet
  2. Exodus Wallet
  3. Coinbase Wallet
  4. Ledger Nano X
  5. Crypto.com DeFi Wallet

Is MetaMask a multichain wallet?

MetaMask still needs to be fully functional as a multichain wallet. Originally known as an Ethereum wallet, it is expanding to support multiple chains through its development efforts.

📚Read: How to Withdraw from MetaMask to Bank Account

Are multi-chain wallets safe?

Multi-chain wallets are safe and focus on security to protect users’ assets and privacy. They provide end-to-end encryption, two-factor authentication (2FA), and other security measures to ensure the safety of users’ digital assets.

With robust security features, they aim to protect users’ funds and maintain control over their private keys, reducing the risks of theft or hacking.

Can you have multiple coin wallets?

Yes, you can have multiple coin wallets. A multi-coin, multi-chain wallet lets users store and manage various cryptocurrencies and tokens from different blockchain networks.

What are the most popular cryptocurrencies supported by multi-chain wallets?

Multi-chain wallets support various cryptocurrencies, some being more widely adopted and popular. Here are the top contenders:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether (USDT)
  • USD Coin (USDC)
  • Binance Coin (BNB)

What are the fees associated with using a multi-chain wallet?

Usually, there are two types of fees:

  • Blockchain network fees include Ethereum gas, Bitcoin miner fees, and fees associated with other supported blockchains (e.g., Polygon gas fees).
  • Wallet fees, including trading and withdrawal fees (for sending crypto to another wallet address).

What is a smart contract wallet?

A smart contract wallet is a decentralized app (DApp) on a blockchain that helps users manage their digital assets. These contracts are programs that automatically enforce the terms and conditions of agreements.

Read more:

Živilė Šarkauskaitė

Živilė is a writer with a diverse background, having worked with tech start-ups and pioneering brands across various industries. Her profound interest in progress and innovation drives her to the field of Fintech, a realm that sparks her curiosity and inspires her to share insights with others.

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Disclaimer

Please be advised that the information presented in this article is intended for general informational purposes only. It should not be construed as professional advice from swissmoney. It is important to note that swissmoney does not act as a financial adviser, and individuals are strongly encouraged to seek independent advice from qualified legal, financial, or accounting professionals before making any decisions related to cryptocurrency investments. Furthermore, investing in cryptocurrency assets carries inherent risks, and individuals should be aware that they may potentially lose all of their invested capital.

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