Home / Cryptocurrency Wallets / Top 5 Best Dogecoin Wallets of 2018 (Comparison)
Top 5 Dogecoin wallets
Top 5 Dogecoin wallets

Top 5 Best Dogecoin Wallets of 2018 (Comparison)

Dogecoin wallets are a secure digital wallet that is used to store, send, and receive the digital currency, dogecoins. Most coins have an official wallet or a few officially recommended third-party wallets. To use any cryptocurrency, you will need to use a cryptocurrency wallet.

Dogecoin itself is not kept in a wallet. Instead, a private key (a very secure digital code that is known only to you and your wallet) is stored. This key shows ownership of a public key (a public digital code that is connected to a certain amount of currency). So your wallet stores your private and public keys, allows you to send and receive coins, and also acts as a personal ledger of transactions.

It is important to note that some software offered as a wallet is malware trying to take advantage of unsuspecting people who are ready to download anything off the internet. Note that you must never trust any mining or wallet software that comes from a source that you don’t know or properly trust.

Another important thing to know about preserving Dogecoin wallets is that you must never share your wallet password or private key with others and never enter your password or private key anywhere (unless you are accessing your wallet with your private key and password). To send coins and receive coins you only need to share your public wallet address (your “public key”).

Cryptocurrency wallets are all built to be secure, but the security protocols differ from wallet to wallet. Generally, in the case of things like your usernames and passwords, the security of your wallet comes from you. It is advisable not to keep more currency than you need at one time in a single wallet that you use frequently. You should also use Google authenticator for additional protection; you can also encrypt your wallet, and use an official (or officially endorsed wallet).

Below is a list of the best wallets that can be used to store your Dogecoins.

Top Dogecoin wallets

  • 1) Exodus

Exodus is one of the best Dogecoin wallets, and it was founded in July 2016. It is one of the market’s newest entrants, and it is the first desktop wallet that completely offers full compatibility with ShapeShift (a popular instant cryptocurrency exchange supporting dozens of tokens.) In essence, Exodus users have access to almost a dozen cryptocurrencies including Dogecoin. Exodus is a very ambitious desktop wallet that has been designed to give you complete control over your cryptocurrency assets. It stores your coins directly on your computer. Exodus being a lite wallet, means that you never have to download the whole blockchain to your computer. It has a very user-friendly platform, and the acclaimed Exodus desktop wallet gives you all the attractive additional features to control an entire cryptocurrency portfolio. However, it is also easy to use for people who have never actually used an exchange. It is compatible with Windows (64-bit), Mac OS and Linux. There is also an Exodus movement on Slack, a popular messaging platform.

Seeing as exodus is a service provider, it charges transaction fees for every time payment is processed. Fees are paid to the blockchain network and are not kept by Exodus. The fees cannot be set manually because Exodus places more importance on speed and reliability over lower fees; it monitors changes on the blockchain network and adjusts the fees accordingly.

Finally, it being a desktop wallet, means it encrypts all your blockchain assets and stores them directly on your computer hard drive. This means they are 100% in your control at all times. It also has a backup system in case your computer crashes. Your private keys are not stored on these backup servers.

  • 2) Multidoge

MultiDoge is a thin client Dogecoin wallet. It’s a port of the MultiBit client for Bitcoin. This wallet was designed to be as easy to use as possible. It is intended for domestic (or small scale) users who wish to use a desktop computer for their day to day Dogecoin transactions.

  • 3) Alta Wallet

Alta Wallet is a secure, easy to use a wallet that supports multiple cryptocurrencies. It has a very easy-to-use design. On Alta wallet, you can instantly verify your digital assets with the excellently designed overview page. It is safe and secure and uses an auto backup function too. It supports popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Dogecoin, and Dash. You can store all your different types of currency on it. Alta Wallet will continue to support more currencies and also has plans to support digital tokens. Alta wallet displays assets in USD or JPY. It uses the most current rates to let you see how much you own in USD or JPY. You no longer need to calculate how much a number of virtual currency is worth in USD. Immediately you activate the backup feature; your assets would be safe as they will be backed up continuously. This is good in case your smartphone is lost or stolen; you can easily recover your assets from another device.

  • 4) Coinomi

Coinomi is an incredible multi crypto online wallet. On coinomi, private keys are kept securely on your device. At present the wallet is only available on your android devices – however, the team is developing an Apple version. The Coinomi wallet currently supports 78 coins. Your private keys would never leave your device. They use strong public cryptography to make sure that your money is safe by ensuring that you have the ultimate control over it! Your wallet is encrypted with a master password making it very resistant to hackers and malicious software. On Coinomi, your transactions are completely anonymous because your IP address is hidden from the rest of the world when sending them to the blockchain.

  • 5) Langerhans dogecoin wallet

This is the first standalone of the Dogecoin wallets. Langerhans created it. It allows you pay quickly by scanning a QR-code. As a merchant, you receive payments reliably and instantly. No registration is required to use it. Web services or cloud accounts are not needed! This is a de-centralized and peer to peer wallet. When you’re offline, even, you can still pay through Bluetooth. It is thus one of the top Dogecoin wallets available.

About Tayyab M

I love to talk about global tech-happenings, startups, industry, education and economy.

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