The Best Multi-Currency Digital Wallets for Bitcoin, Alt Coins and Fiat.
Bitcoin is taking the world by storm - a new currency and payment method owned and controlled by the people using a decentralized peer to peer network. But although Bitcoin is the trailblazer and by far the most popular 'crypto currency', it is not the only one.
A wide range of other digital currencies have sprung up, each with their own unique features, ecosystems of shops and other businesses, and communities of users. These other currencies are often called 'alt coins' as they are seen as competing alternatives to Bitcoin. But for most people, they are not really and alternative to Bitcoin at all, but rather an addition. Most of the people who own these alt coins also own some Bitcoin, and probably several different alt coins as well. They like to support and use the innovative new features which these other coins bring to the table, and may enjoy being part of a coin's community of users, but deep down they are still Bitcoiners at heart.
This often leads to an awkward situation where people will need to have several different digital wallets to store their coins - one wallet at least for each of them. Some people may end up with dozens of different wallets cluttering up their computer or cluttering up their mind with lots o different passwords!
One solution to this problem is to set yourself up with a multi-currency wallet which you can use to store and use all of your coins from the same place. This makes life a lot easier if you can do it, although it does of course depend on whether or not the particular coins you are interested in are supported by the wallet in question.
On this page you will find a list of some fo the best and most popular multi-currency Bitcoin and alt coin wallets, along with a summary of their features and lists of the various different coins which they support.
A Ripple wallet can be used to hold any currency or asset for which there is a 'gateway', including fiat money as well as digital currencies.
The process is reasonably simply - you deposit your money at the gateway and they then issue it onto the Ripple system for you. If a 'bridge' exists for your particular currency then you can send the coins as payment or transfer to friends directly from your Ripple wallet, or if not you would need to log in to your gateway account and use it to withdraw your coins. Currently bridges exist for Bitcoin and for SEPA bank transfers using Euros.
Because Ripple can be used to hold fiat money as well as digital money, the range of different currencies you can hold in your wallet is quite large - so this list may not be complete:
- Ripples (XRP)
- United States Dollars
- New Zealand Dollars
- Chinese Yuan
- Japanese Yen
- Australian Dollars
- Brazilian Real
- Mexican Pesos
HolyTransactions provides a multi-currency web wallet which not only allows you to hold a range of different coins and spend them from the same place, but also allows you to instantly exchange one for another.
The list of supported coins currently includes:
QoinPro only has quite basic wallet functionality at the moment - not fancy apps or anything like that - but they do have one thing which none of the other have: they give you free coins every day once you sign up (no need to visit the website every day or anything like that, they just add them to your balance) and the chance to earn even more by referring your friends and family. Each day you will get some of each of the following coins for free:
The number of coins you get each day starts off pretty small, but it increases gradually over time so that over the course of a few months it starts to reach a worthwhile amount.
This article is accurate and true to the best of the author’s knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.