ERC20 Compatible Crypto Wallets
There are close to 1000 ERC20 Tokens today and most wallets support the storage and transfer of these tokens.
These are the top 15 ERC20 tokens in use, you probably own a few of these.
Tether - USDT
USD Coin - USDC
Chainlink - LINK
Wrapped Bitcoin - WBTC
DAI - DAI
Uniswap - UNI
Polygon - MATIC
Cronos - CRO
Basic Attention Token - BAT
Maker - MKR
Shiba Inu - SHIB
Sandbox - SAND
Enjin - ENJ
TrueUSD - TUSD
Theta - THETA
To get the full list of ERC20 tokens check out this link.
Wallets
Wallets store our keys and allow secure transactions of cryptocurrencies through them.
We cannot use one wallet to store all kinds of cryptocurrencies as they have different address formats and different requirements for transactions. For instance, Bitcoin and Ethereum addresses are of different formats. These cryptos cannot be stored at a single address.
Not all wallets are capable to handle both of these address types due to the complexity of address generation algorithms. However, a large number of tokens are built on Ethereum Blockchain and by design, these token addresses are compatible with the Ethereum address format.
This gives a unique opportunity to store multiple tokens with common address formats and transaction requirements. Thus all ERC20 Standard Tokens are compatible to be stored on a single wallet.
We are spoilt for choice with so many wallet options to choose from these days. Here is a list of top Crypto Wallets that can store almost all ERC20 Token Types.
Hardware Wallets
Ledger Nano X - RECOMMENDED
Ledger Nano S
Trezor
Atomic
BitBox
KeepKey
Online Wallets
Web Wallets
Metamask - RECOMMENDED
MyEtherWallet
Coinbase Wallet
Mobile Wallets
Trust Wallet
Enjin
Coinomi
imToken
Cipher
CoinBox
Desktop Wallets
Mist
Final Notes
Do thorough research before choosing a wallet to store your keys. Do not share your private keys and seed phrases with anyone.
