The 5 Best Celo Wallets
Published December 10th, 2022
A good wallet is important so that people don’t lose their cryptocurrency. It is also good to have a wallet that can provide various features such as staking and governance participation. Wallets come on different platforms. Some are made for Android and iOS and others for Desktop and as web Browser extensions.
We tried many Celo wallets to see which one delivers the best experience and functionality to its users. We found the 5 best Celo wallets that people can use right now.
In this article, we go over the 5 best Celo wallets and their respective platforms.
Trust Wallet on Mobile allows instant access to the Celo network and custom tokens. It also supports Bitcoin, Ethereum, EVM networks, Aptos, Algorand, Arbitrum, BCH, Cardano and many more networks.
Users can add custom tokens on the app by simply navigating to the front page to “add tokens”. Users can also manage their NFTs within the app. They can stake other cryptocurrencies such as Solana and Polkadot. Though Celo staking is not available.
In-app Celo purchases are also possible using MoonPay. Trust Wallet allows you to receive Celo, cUSD, cReal, and cEuro easily since they are already pre-configured tokens.
Celo wallet has an in-app browser to access DApp websites to streamline Web3 interactions.
This desktop wallet is primarily used for Celo-based assets. It does not support other networks. It has a simple and good-looking graphical user interface.
Celo Wallet also allows users to perform more in-depth tasks such as locking tokens up and managing NFTs. Users can easily add NFTs and other custom tokens that are on the Celo network.
The Celo Wallet features an in-app exchange. Though it only supports the Celo, cUSD, cEuro, and cReal tokens to swap between.
This Means that the device the wallet is on is usually connected to the internet, leading to potentially getting hacked. A hacked device can lead to the loss of funds.
According to one of our polls, Metamask was one of the most popular wallets, falling behind only the Valor Wallet. Because safety is the absolute most important aspect of a wallet, Metamask deserves the 3rd place our our list.
Metamask allows users to add different EVM blockchains so users can access different tokens on different networks simultaneously. Most DApps also have Metamask compatibility to connect to the website.
A poll on Telegram indicated that most people prefer the Valor Wallet as opposed to all other software-based wallets.
Valora Wallet has a great design and is easy to use for less tech savvy people. You can request coins from people by using a phone number. Valora wallet also allows users to send Celo coins and tokens using phone numbers.
Valora Wallet allows users to use many DApps within the app itself using their custom in-app browser. They have a wide variety of DApps such as Ubeswap which is a DEX, Mobius, Symmetric DeFi, and much more. This is done easily using their great visually appealing user interface. Valora Wallet also allows users to stake using DApps which the app connects to using their browser.
Valora wallet allows users to swap between Celo and Celo-based stable coins such as cUSD and cEuro easily with their integrated DEX. Additionally, Valora allows users to purchase funds using credit cards, bank accounts and, exchanges from within the app.
We think it is the second-best wallet because of its functionality, ease of use, and visual appeal.
The most important feature of a wallet has to be safety. This is because assets can be hacked and stolen leading to financial losses. It is a cryptocurrency wallet that all professionals use, and all enthusiasts should have.
Celo is supported by installing their app on the ledger. Additionally, many apps like Metamask allow Ledger to connect to authorize transactions. This combines their ultrasafe cold wallet platform with an easy to use and visually appealing wallet.