What is a Trust Wallet and how to create an account

Best Wallets For Polygon (MATIC) Cryptocurrency

Vitalik Buterin's team was unable to complete the transition to the Proof-of-Stake consensus algorithm. Until this happens, the Ethereum 1.0 chain will have a weak throughput, but this issue can already be solved with the help of Polygon's ETH-compatible blockchain ecosystem.

A wallet for storing tokens of this network will be the topic of our today's review. We will introduce you to the best Polygon wallet options and how to set them up.

The best wallets for Polygon

Polygon allows you to deploy an efficient multi-chain infrastructure while maintaining all the advantages of Ethereum in terms of security and openness. MATIC tokens play an important role in protecting and managing the ecosystem. They can be earned by staking, but for this, of course, you need to have a reliable Polygon Matic wallet.

TOP 5 wallets for

This project does not have an official application, but this does not mean at all that the holders have problems with storing MATIC. The best Polygon software and physical wallets are presented in the table.

Each of the options has its own advantages and disadvantages. When creating a Polygon wallet account, you must strictly follow the security rules. Even the best lock will be useless if the owner forgets to lock the door with a key or leaves this key in a conspicuous place. The same applies to secret keys for entering a personal crypto storage.

How to create a secure cold wallet

All crypto wallets can be divided into two types:

• "Hot" constantly connected to the Internet.
• "Cold" are disconnected from the network. A direct connection occurs only at the time of sending transactions.

Any software wallet can be made cold if, after creating an account, you save the public and private key (or seed phrase) and then delete the application. You can send coins to a public address with balance control through the block explorer and everything will be fine until you need to send money. You will be forced to restore your account and the cold wallet will immediately turn into a hot one.

Tuning and optimization

If your computer or mobile gadget is infected with viruses, a hacker may try to steal your money. Therefore, you need to check your computer regularly. Most wallets are generated using a mnemonic phrase, you need to write it down on paper, strictly following the sequence of words, and then come up with a password to enter. Some applications allow you to complete a transaction offline, which reduces the risk of a phishing attack. In any case, a good anti-virus program with a firewall will help you. But if you buy a physical wallet in which private keys are protected with a special microchip, then your funds will be completely safe. Unless, of course, you store the recovery phrase offline and do not share it with anyone.

The Guarda Wallet software wallet mentioned in our table is a non-custodial storage. This means that private keys are not stored on the company's server. Guarda wallet supports Polygon and a number of other digital and fiat coins.

To get started on the mobile app, go to.

 to create an account. When done, be sure to go into settings and create a pin code.

Creating an online wallet

It is recommended to use the Metamask wallet to store the internal tokens of the Polygon network. This decentralized application is available in the list of Chrome browser extensions, as well as in the Google Play and App Store mobile application stores. Link to the official website of the project  .

metamask

Install the app and then create a new wallet with your mnemonic phrase and password. By default, the main Ethereum network is activated in the Metamask wallet, but the application can work with other blockchains, including the Polygon chain. To do this, you need to add support for this network manually. This is done as follows:

1. We go to the wallet interface and click "Ethereum Mainnet";
2. Select " Add network " and enter the connection coordinates.
3. Network Name: Polygon/Matic
4. New RPC URL: https://rpc-mainnet.matic.network;
5. Network ID: 137
6. Symbol: MATIC
7. Block Explorer URL: 

Save your settings and reload the app. Done, you have successfully added the Polygon network to Metamask.

Polygon hardware wallet

Even the most reliable software wallet cannot be 100% secure. Therefore, they are recommended to be used only for working with small amounts of crypto assets. If you have accumulated a tidy sum, it is better to immediately buy yourself a hardware safe. Some of the most reliable manufacturers of physical cryptocurrency wallets are Ledger and Safepal .

Ledger Nano X

The flagship model Ledger Nano X supports Bluetooth, which allows you to connect to the network both through a computer and through a mobile gadget. The Ledger Live app has a built-in wallet authentication feature. A secret key is integrated into the original Nano X devices to connect to the company's secure server. You can purchase a ledger hardware safe from one of the authorized distributors, for example  .

Safepal

The owner of the SafePpal S1 wallet makes transactions using the camera and display using AirGaped technology. The gadget does not interact with other computing devices through traditional communication channels such as USB cable, Wifi, NFC or Bluetooth. You can purchase the device at  .

Mobile Wallet Trust Wallet

Trust Wallet, a decentralized app for Android and iOS, supports hundreds of cryptocurrencies and tokens, including Polygon. You can download the application on the official website  .

To work with Polygon (Matic) tokens, you do not need to add a network manually. Just select the desired coin from the list and move the slider to the right to activate the address.

Conclusion

We have brought you some of the wallets that support Polygon. This list can be further expanded by adding the SafePal hardware safe and the MEW web wallet. You can choose the best option.