Best MATIC Wallets To Store Your Crypto
Whenever you pay for crypto tokens, you want to have your assets as safe as possible.
It doesn’t matter if you buy Bitcoin, Ethereum, or MATIC Coin - security goes first!
As you might guess, you can swap, buy and transfer MATIC tokens in a major cryptocurrency exchange, such as Binance or Coinbase.
But when the time to store MATIC comes, you’ll probably don’t want to have your precious tokens in your Binance or Coinbase wallet, right?
That’s why you need a MATIC wallet.
If you don’t know where to start, continue reading this blog post to get more information about:
- Top best MATIC wallets out there;
- How to pick a MATIC Wallet to get your token stored;
- Understanding the MATIC Network.
What is the Polygon Network?
The Polygon Network, formerly known as the MATIC Network (hence, the name of the token), presents itself as a solution to the Ethereum Network.
The Ethereum Blockchain is usually slow and expensive (gas fees and transaction fees have recently skyrocketed), but it’s easy for users to access.
The Polygon Network goal is to bring different chains, more networks, Non-Fungible tokens and cryptocurrency projects altogether to create a secure and efficient environment.
Nonetheless, since Polygon / MATIC network doesn’t have a native mobile or hardware wallet, it’s fundamental to find a secure wallet MATIC that helps us to keep our coins safe.
Pro Tip: Using your Coinbase Wallet Address is also an option to store Bitcoin, MATIC, and more. However, most users prefer to store their tokens in a new wallet to keep their private keys safe and sound.
On the other hand, if you are a trader, maybe it’s better for your convenience to keep your assets in these exchange cryptocurrency wallets.
Types of MATIC Wallets
There are different types of MATIC Network wallets to store MATIC safely.
User’s main concerns are related to security measures around exchanges, so opting for desktop versions or mobile wallets is sometimes the best path to follow.
We can divide the Wallet MATIC you choose into two different types:
- Hardware Wallets: they are often expensive devices, but they offer secure backup options and safe private keys, thanks to their offline nature.
- Software Wallets: it’s easy to access a wallet app on the internet on your computer or mobile device, but you must remain cautious for hackers and phishing attempts.
Read Also: It doesn’t matter which token you acquire - it can be Bitcoin, MATIC, or Cardano.
The important thing is to keep the token safe! In any case, if you want to learn how to Buy Cardano (ADA), then check the guide we’ve written about this matter!
Top Best MATIC Network Wallets
There are plenty of MATIC token wallets to choose from.
Depending on the MATIC wallet you select, your coins will be stored on different platforms.
So, without further ado, let’s see which MATIC wallet better suits your needs!
Ledger (Hardware Wallets)
For many, Ledge is the most trusted hardware wallet out there.
It works as a device that you can connect to your computer and access your funds from your desktop easily.
Ledger Nano S and Ledger Nano X are easy to set up and really secure to use, thanks to their private key technology.
Besides, in case the MATIC wallet gets stolen, users can securely recover funds using a mnemonic key phrase.
Go to Ledger Official Website to learn more.
Trezor
Trezo is yet another hardware MATIC wallet that can easily connect to your desktop, Android, or iOs device.
Its inbuilt security system allows you to receive MATIC Network tokens and store them safely.
Both Trezor T and Trezor One are compatible with most devices and have lots of assets supported, including, of course, MATIC network assets.
Learn more about Trezor here.
SafePal S1
Continuing in the line of hardware MATIC network wallets, SafePal S1 is compatible with Android and iOs devices and users can access it through the SafePal app.
Its excellent performance and relatively low price make this wallet one of the best options to store each token from the Polygon / MATIC Network.
Atomic Wallet
Atomic Wallet presents itself as a “universal cryptocurrency wallet” that stores MATIC Network assets.
This platform also offers Atomic Swaps, in case you want to swap the assets you’ve acquired.
Nevertheless, being what users call an “Internet” wallet, it’s fundamental to beware of fake copies of emails trying to steal your information while using this wallet on your mobile phone or your desktop.
To learn more about the coin swap process and the Atomic Wallet address, go to their official website.
Trust Wallet Mobile Wallet
Trust Wallet is a mobile wallet that has it all: you can buy from the MATIC network with your card, store the Polygon coin, and more.
Besides, it’s also possible to access DApps only using the DApp address in the browser, which is pretty handy for those who want to deeply explore the Polygon Network.
MetaMask
MetaMask can easily be set up for the Polygon Network and Polygon DApps.
Therefore, all the MATIC you acquire can be stored in this browser and mobile wallet safely.
If you don’t have a MetaMask account just yet, but want to create one in the near future, then check out the MetaMask website for more information.
Exodus Wallet
The Exodus Wallet is one of the friendliest and easy-to-use wallets thanks to its simple interface.
It can be connected to your desktop or phone just by following easy steps, so storing MATIC here it’s easy peasy.
Nonetheless, don’t forget to save your backup recovery phrase in order not to lose your funds!
There you go - that’s all for today! What’s your wallet choice?
Whichever it is, remember that you can always count on GrowFollowing for quality cryptocurrency content!
Best Matic Wallets FAQ
Is Polygon MATIC a Good Investment?
If you decide to invest or stake MATIC, keep in mind that there’s always a risk related to cryptocurrency markets.
Therefore, we highly encourage you to perform your own research before putting your money in a cryptocurrency or NFT project.
Steve specializes in cryptocurrency and finance. As a born researcher, he won’t leave any stone unturned when it comes to topics he covers.
Oliver is GrowFollowing founder and covers topics ranging from fintech to Internet.