MultiversX (EGLD) wallet

Manage your MultiversX, Ethereum, XRP, Litecoin, XLM and over 1000 other coins and tokens.

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No registration and KYC required to use the app. We don't track your data


Your private keys are encrypted and never leave your device. Only you have control over your funds

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What is MultiversX wallet?

MultiversX wallet (previously known as Elrond Wallet) is an app or a device, which purpose is to safely store users' MultiversX private keys. Private keys are needed to sign a transaction (sending your crypto assets from one wallet to another wallet or a platform), while public keys represent your account on the blockchain. In other words, a public key is your address. Before diving into the world of wallets, let us first take a look at Elrond itself. Sidenote: in this article we'll be using Elrond and MultiversX interchangeably.

What is MultiversX?

MultiversX, formerly known as Elrond, is a blockchain network designed to compete with major blockchains such asEthereum andZilliqa, with the objective of establishing a decentralized ecosystem of applications and cryptocurrencies. MultiversX implements two novel features: Adaptive State Sharding, which splits the blockchain's infrastructure to accommodate more transactions and programs, and SecureProof-of-Stake (SPoS), a consensus mechanism designed to synchronize network components to a shared ledger. The MultiversX network provides numerous functionalities such assmart contracts, token issuance, and transaction management, with developers using programming languages like Rust, C, and C++. The network's unique design variations of sharding and proof-of-stake can reportedly process up to 12,500 transactions per second, making MultiversX significantly scalable, cheaper, and faster. Additionally, MultiversX's cryptocurrency, EGLD, is used to reward network contributors, run smart contracts, and provide voting rights for network upgrades.

How to choose a MultiversX wallet?

In the quest for the perfect MultiversX wallet, it is essential to figure out your individual needs. Are you in pursuit of a secure storage option for your Elrond coins, which you're not going to use too often? Do you prefer a more dynamic approach, sending transactions daily to seize opportunities arising from price volatility? Or are you a devoted MultiversX enthusiast, endeavoring to find a balance between functionality and convenience? By recognizing your specific preferences and objectives, you can make an informed decision on the Elrond wallet that best aligns with your unique use case.

Types of wallets

There are many types of crypto wallets with features catering to different users, so you'll surely find the Elrond wallet that suits you best.

Hardware wallet

This is a physical device allowing you to keep your crypto assets' private keys offline, separate from the gadget that is constantly online. To sign the transaction and send your tokens to someone, you need to connect the hardware wallet to your PC (or a smartphone). Since your private keys are stored offline, it is very difficult to hack.

The drawback is that it may not be the most convenient solution for everyday usage since you need to connect it whenever the crypto assets should be sent. Besides, if you arecareful about your security, you can securely store your funds without additional protection.

Finally, the devices are not cheap and may set their users back anywhere between $50 and $400.

Web wallet

Web wallets are accessible as an extension for your browser, or via a separate website. A web wallet is easy to use since they don't require you to download anything on your PC or mobile. Simply setting up an account is enough. These wallets work best for quick, regular transactions.

A web wallet is considerably easier to hack since all of your information is kept on the website itself or the browser. Keep in mind that some web wallets arecustodial wallets, meaning users don't even get direct access to their private keys.

Desktop wallets

A desktop wallet is a type of software wallet that you download and install on your computer. Your sensitive data, especially private keys, are stored directly on your device, instead of on a server. So if your desktop is not connected to the Internet, it becomes a hardware wallet!

Of course, that's not how most of us use a desktop computer. Since your computer is constantly connected to the Internet (and a software wallet needs that connection to work), there is a risk of a virus or a targeted attack on your computer that may steal the data and, by extension, your funds.

Still, if your desktop remains offline and you only plug it in from time to time to send out your funds, it can be extremely safe.

Mobile wallets

Whether Android or iOS, these wallets work fairly similarly to desktop ones, so the pros and cons will also be very similar. With these wallets, your sensitive info is usually stored on your device, locally. Mobile wallets are also considerably more convenient for sending out crypto on the go than wallets for desktops.

Keep in mind that mobile devices interact with public networks. Public WiFi or mobile data are prone to security breaches, making your crypto less safe. The solution would of course be to either keep your phone always offline or try to secure your connection by using a VPN or any other means. There is also a chance you lose your phone or break it. This risk can, of course, be mitigated by keeping backups in a safe and secure place.

Atomic Wallet

In Atomic Elrond Wallet you can purchase MultiversX, Bitcoin, and many other coins and tokens, since it's a multi chain wallet. Atomic also allows you to stake, send, receive, track value, and swap crypto with full protection of your crypto, while also getting cashbackon your operations. Moreover, since Atomic is a non custodial crypto wallet, all user data is secured by a password (you can also set up fingerprint scanning login into the app), and all your keys are encrypted and saved on your device, providing you with complete control over your assets. While you keep your mnemonic seed in a safe place, no one can gain access to your money.

Atomic Wallet is a non-custodial wallet, which means only you have access to your tokens. It's a heck of a responsibility, but you're in crypto and you should take care of your money, the same way you hold the keys from your home. Judging by the sheer number of features Atomic Wallet provides, it's certainly one of the best wallets out there.

Atomic Wallet is available on a variety of platforms, including Android, iOS, Windows, Mac, etc. The full list of platforms is available on the download page. We don't use a traditional account system, so you can access an existing wallet with a different platform, using your 12-word phrase.

Setting up Atomic Wallet

Download and install

In order to enjoy the functionality of the Atomic Wallet, one first needs to go through a simple process of creating a new wallet. Download the installation file for your operating system from the official website and install the app. If you're setting up a mobile wallet, the process is even simpler, since you'll be installing via a marketplace automatically.

If you need more specific instructions regarding a certain platform, check out ourinstallation guide!

After that's done, run Atomic wallet, click 'Create Wallet,' set up a strong password, and click Set Password. Make sure it is a unique and secure password that you don’t use for anything else.

You will now see a 12-word seed phrase that can be used to restore access to the wallet. Be sure to keep it in a safe and secret place! Then click 'Open Wallet.'

That's pretty much it! You can now use the Atomic wallet.Find your EGLD address and you can deposit the funds right away.

You can find a step-by-step guide on creating a wallet in Atomic and if you encounter any difficulties with any of the steps, feel free to contact our customer support by filling out thissupport form.

Create your Elrond wallet today

If you are interested in decentralized finance and want to invest in Elrond, the best way of managing it in a secure and decentralized way is a wallet. Indeed, having your crypto on a decentralized swap might sound more convenient for day trading. But if you are interested in a long-term investment and considering staking your crypto, a wallet will be the best solution.

Choosing Atomic wallet to hold your Elrond coins in, allows you to easily create a wallet, purchase EGLD (and many other tokens or coins), and swap it if need be, in an app with a user-friendly interface. You can also exchange Elrond on another platform by using Wallet Connect (available only on mobile) if you prefer.