5 Best Crypto Wallets in Dubai 2023, Choosing the best wallet can be a bit tricky especially when you are trying to find one that offers maximum security as well as convenience for your needs.
In this era of technological advancement, a lot of people have started to invest in cryptocurrencies. The virtue of belonging to the digital money is that it allows users to store and manage blockchain assets & cryptocurrencies. But since we are talking about digital wallets, you will have to know about the best five options available in Dubai.
So, here is an article that can help you do so. According to experts at Coinsutra: “Cryptocurrency Wallets offer the users a digital solution to securely store and manage blockchain assets & cryptocurrencies”.
When the buzz about cryptocurrencies originated, people started finding ways to store them. Many times, individuals or businesses buy various altcoins at a time and then don’t have a practical way to store them. That is why they deploy crypto wallets with advanced security features.
Overview: Best Crypto Wallets in Dubai
Do you want a secure, accessible and easy-to-use wallet for your digital assets? Do you want to trade online 24/7 on the largest crypto exchange in Dubai? When choosing the best cryptocurrency wallet for Dubai, check out our best crypto wallets in the UAE.
In this guide, our experts will help you CHOOSE the RIGHT wallet FOR YOU. We explain what features to check when choosing a wallet, and give you tips on setting up your own personal portfolio or trading platform.
A good choice is Breadwallet, which can be installed on and used by both iOS and Android devices with secure 2-factor authentication — at no cost. Breadwallet has a Windows application as well, but it doesn’t have the same security and convenient features on iOS and Android devices as the standalone version.
If you are a crypto enthusiast in Dubai, your wallet is essential to secure, store and manage your assets. Here’s our guide to the best crypto wallets in town.
| Features | Coinbase Wallet | Ledger | Trezor | Metamask | Trust wallet |
| Wallet Type | Software | Hardware | Hardware | Software | Software |
| Device | Mobile | Mobile / Desktop | Mobile / Desktop | Desktop | Mobile |
| Supported Cryptos | Support 500+ tokens like BTC, ETH, BCH, USDC, USDT ,etc. | more than 1,800 different tokens | 1000+ coins and tokens | All ERC-20 tokens | More than 40 blockchains and 160k+ assets supported. |
| Security | Secure Enclave, biometric authentication & optional cloud backups | Certified Secure ElementPin code 24-word recovery | Uses a password manager, certification levels CE and RoHs. | Biometrics support, Privacy mode, Seed phrase backup | Seed phrases to recover funds, No identity leak, Biometric security |
Trust Wallet – Overall Best Software Wallet in Dubai 2023
Trust Wallet is a US-based crypto wallet service. It is one of the biggest digital currency wallets in the world, with over 800,000 users and $1.4 billion in assets. Trust Wallet allows you to keep your funds secure as it offers two-factor authentication for added security for your investments
Trust Wallet is a US-based crypto wallet service created in 2017. Your Trust Wallet account can be accessed from your Android and iOS devices.
Trust Wallet is a wallet that stores, tracks, and sends cryptocurrencies. Users can store their cryptocurrency in the Trust Wallet app or when they want to send a crypto or fiat transaction, they can simply place the required order information on mobile wallet and receive their funds instantly
Trust Wallet is a crypto wallet that supports more than 30 digital currencies including Ethereum and Bitcoin. This trust-less service allows users to store their crypto assets on your mobile device or via the web or desktop. You can also manage multiple wallets at once. The app has an exchange feature which lets you convert between 2 cryptocurrencies.
Top Features of Trust Wallet 2023
- You can also easily buy Bitcoin and other trade digital currencies in under five minutes.
- You’ll never have to leave the app and navigate to another exchange app to perform trading!
- Trust Wallet is really easy to use and gives you complete flexibility to carry out your trading activities in the app or on the web.
- Trust Wallet is one of the best wallets you can think of for cryptocurrency and DApps.
- It offers a seamless experience of buying, selling or trading cryptocurrencies quickly.
- You can also buy with credit card with Trust Wallet in UAE.
What Fees Does Trust Wallet Charge 2023
Trust Wallet is a free to use decentralized application (Dapp) to manage your crypto assets. Unlike other wallet apps, Trust Wallet charges no fees for sending or receiving digital assets. However, it’s important to note that you will have to pay other fees related to transaction and network management when using our application.
Trust Wallet charges a small fee for user’s transactions (gas). You can set the gas fee size by default at Trust Wallet. Trust Wallet automatically adjusts your Gas limits in times of high demand.
Trust Wallet lets you set the rate at which network fees will be deducted from your Ether. This way, you can tailor your mobile experience to the amount of resources it takes to make a transaction. For example, we calculate that an average Ethereum transaction costs around $0.30.
So if you have a transaction with priority on fast transmission and lower priority on low gas fee, Trust Wallet can process it as soon as possible with minimum delay or impact on your phone’s battery life.
Coinbase Wallet – Best Software Wallet in Dubai 2023
This is the easiest and most trusted place to buy, sell, and use digital currency. Coinbase can help you with digital currency compatible wallets.
Best Crypto Wallet in Dubai 2023 is a mobile app that lets you buy, sell and store Bitcoin, Ethereum, and Litecoin. The Coinbase app is available on Android and iOS. Read helpful reviews here or give us a rating on the Google Play Store. Our app is fully featured and secure with no hidden fees or charges.
Coinbase Wallet is the most popular cryptocurrency wallet service in the world. It enables you to securely store, send and receive Bitcoin via your mobile device or desktop. With our secure platform, you can control your private keys and manage multiple addresses easily.
Now available for iPhone, Coinbase stores your digital assets on our secure servers in multiple locations around the world. With over 30 million identities verified, you can rest easy knowing your Bitcoins are safe with us.
Top Features of Coinbase Wallet 2023
- Coinbase’s wallet is a web-based wallet and is available as an extension for Google Chrome and Microsoft Edge.
- Coinbase supports almost every ERC-20 or EVM-compatible token, allowing you to store them in your wallet.
- The wallet lets you connect Coinbase to any popular hardware wallets to add an extra layer of security.
- You also have the option to connect your Coinbase account to any hardware wallets, which will add further security layers upon it.
- To sum it up, Coinbase Wallet is a non-custodial wallet that lets you store, trade and invest in Ethereum, Bitcoin, and Litecoin.
- By downloading the wallets app and integrating with their trading platform and hardware wallet, it is a complete solution for newbies to the world of cryptocurrency.
- It features a simple user interface, excellent security practices, and advanced features such as easy integration with hardware wallets.
What Fees Does Coinbase Charge 2023
Coinbase wallet is a web-based cryptocurrency wallet. You can use it to store, send, and receive Bitcoin (BTC) and Litecoin (LTC). While the usage is free, you won’t have to pay transaction fees when using Coinbase as a trading platform.
You won’t have to pay any transaction fees when using Coinbase as a trading platform. Also, you will be paid for cryptocurrency storage through crypto staking. Finally, you can purchase digital currency with fiat currency and exchanges your digital currencies into other cryptos using the same platform.
This means that you only pay fees when transferring cryptocurrencies out of your account and into another one.
Coinbase charges 0.99% as its trading fee on each token or fiat currency exchange you make. Furthermore, the exchange doesn’t charge any withdrawal fees for depositing funds into your Coinbase account.
MetaMask Wallet – Best Software Wallet in Dubai 2023
Metamask Wallet is a multifunctional wallet used to store multiple cryptocurrencies. With Metamask, you can store Ethereum, ERC20 tokens and Bitcoin on one device. Besides these, users can also access the service with their mobile devices (desktop or mobile).
If you’re searching for a top crypto wallet that works across your mobile phones and desktop browsers alike, MetaMask is your go-to choice. With over a million downloads, it’s one of the most popular wallets on the market.
You can also use MetaMask in private mode or open state. MetaMask supports cross-chain transactions and applications. In short, it allows users to have multiple digital wallets at one time inside the browser-based browser extension. MetaMask is the easiest way to secure and manage your Ethereum-based assets. With MetaMask you can:
MetaMask is a universal browser plugin that allows users to access their cryptocurrency portfolio without worrying about the security of their transactions. It also has advanced features that make it suitable for experienced users and casual crypto traders.
Top Features of MetaMask Wallet 2023
- You can also use MetaMask from your desktop browsers through add-ons.
- Using MetaMask wallet, you can buy and store your cryptocurrency on the platform.
- The platform gives you a seamless experience of buying, selling, and transferring crypto assets while remaining protected by strong security features.
- With the help of MetaMask, you can also develop your own dApp or decentralized app in minutes without worrying about the technical aspects.
- This wallet allows you to store your cryptocurrencies in the same way you would use a regular account or bank card – without any third-party interference from an exchange or service provider.
- The only request MetaMask makes of you is that you provide them with your ethereum address so that they can communicate to their servers about any funds you send.
What Fees Does MetaMask Charge 2023
The platform takes a 0.875% service for cryptocurrency swapping but does not charge anything for storage.
However, you don’t have to suffer such big transaction fees as we make sure to monitor the blockchain networks to identify the best gas price offers for you.
Ledger Nano X: Hardware-based, Best Crypto Wallet in Dubai 2023
Ledger Nano X is an ultra-secure hardware cryptocurrency wallet. It is designed with high quality and features that are useful for everyday life. With this wallet, you can store any of 18 different cryptocurrencies (Bitcoin, ZCash, Ethereum, Ripple, Bitcoin Cash EOS dApps) and private keys securely on the device along with your cryptocurrency portfolio in one place. Ledger Nano X also supports four additional cryptocurrencies including ERC20 tokens and ERC721 collectibles.
In order to store more cryptocurrencies and assets, you need to upgrade your ledger nano s to ledger nano X
With Ledger Nano X, you can safely store your crypto assets and make transactions via crypto cards.
Ledger Nano X is a hardware-based wallet which comes with a Ledger Connect, a USB device (Firmware) for the desktop. It has been created to ensure the highest level of security, privacy and decentralization. With Nano V2, one can store up to 100 different kinds of currencies on Ledger’s Official App, through different models within the Ethereum Mining Pool & Exchange platform.
Top Features of Ledger Nano X Hardware Wallet 2023
- Ledger Nano X is a hardware solution for secure crypto storage, suitable for beginners and advanced users. The app allows you to download, store and manage crypto assets from a single device.
- Ledger supports various digital assets and provides services to help you grow and manage your wealth, including payment processing, exchanging, lending and exploring apps.
- Ledger Nano X is the new flagship product of Ledger. It combines blockchain-based technology and advanced smartcard security, while also meeting the diverse and comprehensive needs of a broad range of users.
- Ledger Nano X is the world’s first hardware wallet to support multiple cryptocurrencies and is a safe place for storing your crypto assets.
- Ledger Nano X is a fully-fledged piece of hardware with a touch screen and two buttons, and the most advanced security solutions on the market: a 3,600 mAh battery that keeps your device powered for almost 24 hours on a single charge.
- Ledger Nano X is a multi-crypto asset wallet that enables you to manage and exchange ERC20 tokens, DApp activities (Tplays), Cryptoassets, and NFTs. The Ledger app is a globally supported trading platform for Ethereum, Bitcoin, Monero and DASH.
What Fees Does Ledger Nano X Charge 2023
You can purchase Ledger Nano X from its official website, which is the only place where you can find it. The site offers a wide range of gadgets, including an Apple Watch charger. Overall, purchasing the Ledger Nano X online is a better experience than importing one, though there are a few cases in which local retailers are cheaper.
Since it is not available in all countries, the Ledger Nano X costs you only USD 149. You can order it from the official online store and can get it shipped to Dubai.
Alternatively, you can also find it from a local retailer. The prices vary according to country or region where the product is being sold. The Ledger Nano X accessories as well as covers are available at Amazon Online Store.
You can easily order Ledger Nano X from their official store. The prices vary from USD 149 to USD 194, depending on your selection and destination. Many accessories and covers are available at the Amazon store.
The Ledger Nano X is one of the best products on the market, considering it is part of the Nano X family – security and privacy experience.
Trezor Model T Hardware-based, Best Crypto Wallet in Dubai 2023
Trezor Model T is the best recommended hardware wallet in Dubai 2023. A hardware device is basically a “smart” or “connected” device which contains some internal storage for supporting and securing your digital assets on the device.
These devices are not connected to the internet but once you install an application on your mobile, you can connect it to either an app or computer and access it from anywhere. Your private keys are stored in the device and can not be hacked into by hackers.
The best part about hardware wallets is that there is no need to connect with an application and desktop or laptop computer all the time because these wallets have an internal key exchange system which is safer than mobile applications.
It features a compact form factor and a touchscreen interface that makes it easy to use (see below for more details) The device stores the user’s private keys in a secure element, keeping them isolated from the host computer – rendering paperwallet obsolete.
Top Features of Trezor Model T Hardware Wallet 2023
- The gadget provides a complete solution for both desktop and mobile users as it allows you to manage your personal crypto funds.
- With its outstanding features, including multi-platform support, large display, comprehensive support, premium security features and Built-in exchange, it’s easy to see why this gadget is so popular with all types of users.
- The Trezor Model T is an amazing hardware wallet that’s secure, easy to use and backed by a lifetime warranty. Its colourful design comes in a variety of beautiful colours.
- It has been designed with the users in mind and offers them the best possible experience when managing their cryptocurrencies and other digital assets on the desktop or mobile device.
- The Trezor Model T hardware wallet is the next generation in cryptocurrency security. Powered by Trezor Wallet, it’s an easy-to-use device that protects your assets and makes it easy to spend them securely anywhere.
- Its large display and intuitive interface enable you to monitor the details of your transactions at a glance, so you can see where your money is going or if a transaction has been approved by the user before it takes place.
What Fees Does Trezor Model T Charge 2023
The Trezor Model T costs you EUR 270 (approximately USD 270) when ordering from the official Trezor e-store. You will receive the model within 2 to 7 business days in the UAE, so you can start using it immediately. Alternatively, Carrefour sells it for AED 1,000 locally.
Shipping is calculated based on your country and location, which may vary between USD 15 and USD 35. Alternatively, you can purchase it from a local retailer like Carrefour.
Conclusion: Best Crypto Wallets in Dubai 2023
In conclusion, the crypto wallets are reliable enough to handle the crypto assets, but it will entirely depend on their security system. So, make sure you are choosing a wallet that can protect your valuable crypto assets.
Note that the Ledger Nano S is one of the most secure wallets on the market. It is manufactured by , a French company. The wallet comes with an OLED display which allows users to check the transactions created and to confirm them if they want to. Its security comes from its chip, not from the computer or mobile device that it is connected to.
Although cryptocurrency wallets have high-tech features, one should be extra vigilant about their security features. The safest place for you to hold your cryptocurrencies is on an offline hardware based wallet. You can also choose the desktop wallet if you want to receive Bitcoins and Altcoins.
Learn more about: Crypto Wallet for Windows
