Wallet

XVG Wallet to Store XVG Holdings for Long Term Storage

Verge (XVG) has been designed to provide a secure and anonymous crypto currency for daily use. Besides, it offers confidential and swift transaction facilities. As far as the market cap is concerned, Verge (XVG) is among the top 30 crypto currencies operating in the digital financial market around the world. Of course, it is the top digital currency if we consider the privacy factor. You might be thinking to buy Verge (XVG) coins or you already own them, you would be looking for a safe and secure xvg wallet to store your currency. Today, I’ll review top xvg wallet so that you can find a perfect xvg wallet to store your crypto coins.

1. Verge Electrum Wallet (desktop xvg wallet)

It is an open source wallet. To create this XVG-compatible wallet, Verge forked the Electrum wallet codebase and made some adjustments so that it works with the Verge block chain. Since the wallet is lightweight and easy to manage, it offers fast and convenient way to store XVG holdings. The Simple Payment Verification (SPV) technology just takes 5 seconds to verify a transaction and in this way, you can save your precious time.

The good thing about this xvg wallet is that you need not to download the entire block chain to operate it on your device. It not only saves your time but also hard disk on your operating system. You can use seed phrase to create your private keys and it is also equipped with two levels of the security.

Learn more: Bitcoin nоdе detailed explanation

The main theme of this xvg wallet is based on the daily utility of the consumer. So it is designed in a way that it can be used easily and conveniently. As a matter of fact, the setting up and utilization is quite straightforward.

As far as the compatibility is concerned, it is compatible with Windows, Linux and Mac operating systems. The Electrum Wallet can also run encrypted transactions through a chain of Tor relays to provide increased privacy.

However, if you’re looking to store multi-currencies in your wallet then it is not for you because it can only store your XVG holdings.

2. Coinomi (mobile xvg wallet)

First of all, it supports more than 100 crypto currencies which clearly show the utility of this xvg. Apart from the verge, you can easily store crypto coins such as bitcoin, bitcoin cash, Dash, Ether and many more. It is a great choice for a user looking to store multiple currencies in his digital wallet.

In addition to that, feature like ShapeShift integration offers really convenient exchange of currencies. Coinomi mobile xvg wallet interface is user-friendly and even a newbie can easily operate this digital wallet. The good thing about this wallet is that your private keys are stored on your system and never on the Coinomi servers. Besides, it offers anonymity by hiding your IP address when you transact an amount from the platform.

It is also equipped with a 12-word passphrase so that you could easily back up your xvg wallet. However the shortfall of this wallet is the lack of 2 factors authentication. It doesn’t offer service to iOS users, however, the developers are saying that they will soon launch iOS version of this xvg wallet.

Verge XVG Wallet

3. Verge QT Wallet (desktop xvg wallet)

It is another desktop platform to store your digital currency. It uses C++ programming language. It is compatible with a number of operating systems and it is a great choice if someone is looking to store his XVG holdings.

The user-interface of this xvg wallet is not as attractive as other available wallets have but it is still really easy to use and manage digital currency. Transactions are fast, and it’s easy to take advantage of Verge’s privacy features when sending funds.

To download this xvg wallet, you’ll have to download the entire block chain which not only consumes time but also your hard disk space.

The major shortfall of this wallet is the lack of option to store multiple currencies. Simply, you can only store XVG on your wallet.

Few tips to securely store XVG holdings in wallet.

1-Secure your private keys is a must for XVG wallet

First of all, you must look for an xvg wallet which offers the facility of storing your private keys on your own. Never trust on things like third party private key sharing and never share your private keys with anybody.

2-factors authentication is a must for XVG wallet

If your wallet offers you the 2 factor authentication you must go for it. It will enhance the overall security of your digital funds.

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Enhance PC security

Use latest anti-malware and antivirus software to protect your computer from the attacks of hackers.

Always backup your data

Backing up of your data has paramount importance. Any unforeseen circumstances such as fire or malware attack etc can ruin your data. Too avoid such a situation; you must keep a backup of your data.

Generate strong passwords

Always create strong passwords. Don’t be lazy when creating passwords; create strong passwords that are at least 15 characters long and include upper- and lowercase letters, numbers and other options to secure crypto currency in your xvg wallet .

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