Wallet

Omisego Wallet Best Five Wallet Review and Performance

It is an e-wallet built on the Ethereum block chain. Basically,it is a smart contract and its tokens are known as OMG. Omisego wants to become the top settlement platform and a leading high-value exchange. If you are planning to buy OMG or you already own them, you’ll be looking for a safe and secure omisego wallet to store your digital currency. With a host of reputable OmiseGO wallets available, this choice is far from clear-cut.

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1. Ledger Nano S (hardware omisego wallet)

It is a host of salient features so that you can securely store your digital currency. You can easily connect this device with the personal computer and store your private keys. Further, you can choose a pin to protect your private keys. In this way, you get a double-layered protection. In addition to that, it is equipped with an OLED display and buttons so that you can manually transact your funds. As a result, it offers extra protection against any unauthorized payment.

The good thing about this omisego wallet is that you can store multiple crypto currencies including Litecoin, Bitcoin Cash, Ethereum, Bitcoin and many more. However, it is not free and you’ll have to pay $93 plus tax to buy this omisego wallet. But this amount is nothing if you compare its security features with other traditional digital wallets.

Omisego Wallet

2. TREZOR (hardware omisego wallet)

It is another great option for security concerned persons. Security is once again the name of the game with this USB wallet that also features a built-in screen and buttons you use to confirm transactions. Further, it is protected by a pin code and if you enter wrong pin code, the retry time will increase. In this way, you need not to worry about the security of your omisego wallet even if you are not around. In a case, if your wallet is stolen or lost, you can easily recover it with a 24-word seed.

The user0friendly interface further enhances its attractiveness and utility. You can easily manage, send or receive digital currency with this omisego wallet.

Over and above this, it supports multiple currencies so that you can store coins of your choice with ease and comfort. The TREZOR cost around $104 and may only be worth considering for those who place a high emphasis on security.

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3. Exodus (desktop omisego wallet)

If you are a newbie and looking for an omisego wallet which is really easy to use then you must go for this option. The management, sending and receiving of the funds is quite convenient with this omisego wallet.

Apart from that, it offers the best interface as far as the desktop wallets are concerned. Not only is it easy to understand and navigate, but it also features impressive charts and can be personalized to suit your tastes. You can use it on Windows, Linux and Mac operating systems. Also, you have the full control of your private keys which brings maximum peace of mind.

Along with these features, this wallet supports several crypto currencies in addition to OMG. It also enhances its overall utility. In-built ShapeShift functionality is an added bonus and allows for fast exchanges between currencies.

However, the lack of 2 factors authentication may be a concern for some users.

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4. MyEtherWallet (web omisego wallet)

This omisego wallet is a great option if you are looking to store OMG or other crypto tokens on Ethereum platform. You can store your private keys on your computer so you need not to store it with a third party. In this way, it offers increased security and peace of mind.

On the other hand, if you want to stay anonymous, again, it is a great deal for you. You need not to give any personal information to create this omisego wallet. As a result, you can store digital currency anonymously. Furthermore, MyEtherWallet also integrates with the Ledger Nano S and TREZOR hardware wallets.

The only downside is the setting up of this wallet for a newbie. Set up process is a bit difficult. But with the help of ‘getting started guideline’, even a layman can set up this omisego wallet.

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5. Eidoo (mobile and desktop omisego wallet)

It is yet another amazing desktop wallet which supports more than 500 crypto currencies apart from the OMG. This mobile and desktop wallet supports ERC20 and ERC223 tokens on the Ethereum network; however, it does not yet support bitcoin. You can store your private keys on your device along with features like a single backup passphrase and HD-level security. The good thing is that setting up process of this omisego wallet is quite convenient and straightforward and even a layman can operate this wallet efficiently. In addition to that, it is available on both the Android and iOS devices which enhance its overall utility.

As far as the desktop version is concerned, you can operate it on Windows, Linux and Mac operating systems. The full release of the desktop app will increase Eidoo’s functionality. The fact that this is still a relatively new app means it doesn’t have the same reputation for security and reliability that some other wallets have, but this may change with time.

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