How good is this wallet compared to others? – Infinito

1. Trezor

Wallet type: Cold storage wallet (also known as hardware wallet)

Support Crypto: BTC, ETH, XRP, XLM, ADA, BCH, LTC, DASH, ZEC, DOGE, ETC and Altcoins

Advantages:

- This wallet looks and works just like a USB. To use Trezor, you need to plug in your Trezor wallet to your personal computer and visit https://trezor.io/.

- Due to its offline nature, assets stored on Trezor cannot be hacked/stolen or affected by computer malware.

- Once installed, Trezor allows users to back up their wallets and create a recovery character sequence in case the wallet is lost. This is especially for people who like to carry the compact-sized Trezor wallet everywhere by using it as a key chain.

Disadvantages:

- With a hardware wallet, you cannot directly trade your crypto from the wallet itself. Instead, your wallet needs to be connected to a personal computer to be able to make transactions.

- Blockchain applications like token swap, lending, exchange, game, KYC/AML, and etc. are also not available on a hardware wallet.

Conclusion:

Trezor wallet emphasizes safety and security. However, it is only suitable for storing cryptocurrencies. For those who want to store assets for future descendants but do not have the need for continuous transactions or use other utilities of blockchain technology (such as DApp).

2. Exodus

Wallet type: Desktop wallet (software that can be installed for computer operating systems such as Windows, macOS and Linux).

Support Crypto: Exodus lets you manage more than 20 cryptocurrencies including BTC, ETH, BCH, DASH, EOS, ETC, LTC, NEO, XLM, XRP, etc.

Advantages:

- As a desktop wallet, Exodus provides users with detailed information such as cryptocurrency charts, portfolios, prices that increase and decrease within 24 hours.

- Beautiful interface: Users can choose the wallet's theme (color, texture or skin)

- Connected: Currently, the wallet is linked to the Trezor hardware and support cryptocurrency exchange feature in collaboration with Shapeshift.

Disadvantages:

- Desktop wallets are less portable and convenient compared to mobile wallets, especially for those who need instant transactions on the go as you can not see the crypto price or make transactions

- Sometimes, user can encounter error when they use the feature "Refresh the balance of a coin".

- The number cryptocurrencies supported is also less than other wallets.

- Desktop wallets are easily infected by viruses from computer software

- The transaction fee when using Shapeshift's exchange coin feature is 2-3% higher than other exchanges and sometimes have errors.

Conclusion:

Exodus is quite inconvenient compared to other wallets because it only works on computers. This wallet is suitable for those who only need to invest, trade crypto, and do not need to explore other unique applications of blockchain.

3. Jaxx

Wallet type: Mobile crypto wallet for iOS and Android

Support Crypto: Jaxx currently supports major coins such as BTC, ETH, XRP, XLM, BCH, EOS, LTC, ETC, DOGE, DASH and ERC20 tokens

Advantages:

Jaxx has just released a new version called Jaxx Liberty.

In general, Jaxx Liberty features a nicer interface and is easier to use than the old version The wallet can be used immediately after you installed it. You can also have options to backup your passphrase and set up your password.

- You can manage your assets easily with Portfolio feature.

- You can follow the news and market rates and customize mining fee with 3 options: lower, typical and higher - Connected to the cryptocurrency exchange service - Shapeshift

- Finally, with Jaxx Liberty, you can have Block explorer right inside the wallet to quickly & conveniently check transaction details.

Disadvantages:

- Some users may find it difficult to use mobile wallet due to its vertical interface.

- Security: Setting up password, fingerprint or face ID on this wallet is quite complicated and security protection only applies when users customize the wallet function and perform transactions, not when opening the wallet.

- There is no option to turn ON/OFF the ability to create new addresses when receiving cryptocurrencies.

- Only support English, not other languages.

- Difficult to customize complex mining fees: Users must go to "Setting" to adjust, then go to "Wallet" to transfer money. You also cannot customize the mining fee for each transaction.

- Mainnet for ERC-20 tokens are not updated. Currently, EOS is still using the ERC-20 address.

- The fee for using Shapeshift is 2-3% higher than other exchanges and the transaction speed is slow.

- Not connected with other applications such as DApp games, crypto lending, and etc.

Conclusion:

Mobile wallets like Infinito Wallet and Jaxx Liberty are suitable for those who need to trade cryptocurrencies regularly. Both wallets have passphrases and other security modes that protect user assets.

4. Infinito Wallet

Wallet type: Mobile cryptocurrency wallet and Dapp Browser for iOS and Android users

Support Crypto: Infinito Wallet supports the most popular cryptocurrencies like BTC, BCH, ETH, ADA, EOS, ETC, NEO, ONT, DOGE, LTC, DASH, BNB, USDT Omni, USDT ERC20, TRON, and ERC-20, NEP-5, EOS , BEP2,TRC10 tokens

Advantages:

- Support multi-wallet: Users can easily add and switch between multiple wallets on the same mobile application. These 3 types of wallets including: 12-word Passphrase Wallet, Private Key Wallet and Exchange Service Wallet.

- 12-word Passphrase Wallet: User can directly use the wallet first and back up the passphrase later.

- In terms of safety and security, Infinito wallets do not store user personal data, including private keys and passphrases as they are completely encrypted on user's personal device. In addition, for all important customizations and trading orders, the wallet requires users to enter their password, use fingerprints or face ID (compatible with your smartphones).

- Other services: In addition to the basic Send & Receive functions, Infinito Wallet also has a built-in DApp Browser called Infinito App Square. Currently App Square supports the most blockchain platforms on the market including Ethereum, EOS, Ontology, Binance Chain, NEO, TomoChain, and more blockchain are coming.

- With Infinito App Square, you can enjoy many blockchain services: instant token swap, lending, games, and exchanges (both custodial and non-custodial) including Binance DEX, Kyber Network, Bancor, Changelly, EOSDAQ, Coinswitch, DEXEOS, PayBis, and REX. In particular, App Square has a DApp called PRA CandyBox with daily EOS token airdrop programs.

- Support Multiple languages: Infinito is the wallet that supports the most languages: English, Japanese, Chinese, French, Korean, Vietnamese, Russian, Portuguese and more are coming

- Custom options: Infinito designs many customizations for the user. In addition to customizing the Tab bar, Night Mode, and Transaction speed, Infinito has recently launched Premium Hub for memebers of Infinito Ecocystem to claim exclusive rewards/ airdrops, vote for the next coin, wallet feature, and DApps.

Disadvantages:

- Slow boot time

- Crypto exchange rates are updated every 15 minutes from Coinmarketcap and not continuously.

- Infinito App Square does not have as many DApps compared to other wallets due to its recent launch. However, with the increasing number of blockchain supported, it can be seen that more DApps are coming to Infinito App Square.

Conclusion: