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Opera Launches Its Own Cryptocurrency Wallet

It’s been 10 years since the cryptocurrencies have come into our lives and it seems that these days, everyone’s talking about them. Furthermore, big IT companies are trying to get on board in any way possible. For instance, the people behind the Opera web browser have decided to create a built-in crypto wallet in their new Android app.

After launching a desktop version of the browser with a built-in crypto wallet, Opera decided to switch their focus on the mobile users. The company launched a mobile app, which is now available on Opera’s official site as well as Google Play.

Still, not everyone gets to use its cryptocurrency wallet for free. In order to get access to it, it’s not enough just to download the application to your smartphone; you also need to buy some ether. Actually, right now, the wallet allows the users to store only Ethereum; other cryptos aren’t available.

Reasons why Opera’s Wallet Might be the Perfect Solution for Storing Ethereum

The thing Opera developers focused the most while creating the app was its security. And according to the co-founder of Ethereum Joseph Lubin, they did their job pretty well. To make the mobile crypto wallet virtually unhackable, Opera decided to use hardware-backed Android’s secure key storage, as well as to protect the wallet keys through the use of the lock screen of the user’s smartphone.
The result is that Opera achieved a very high level of security for its users, without sacrificing their convenience. The app is easy to use, while the cybercriminals have almost zero chance of breaking into users’ wallets.

And those two things are among the most important features of every cryptocurrency wallet. The only issue with Opera’s wallet is that it can be used for Ethereum only at the moment, but according to the people from the company, that’s something that’s likely to change in the near future. If you can’t wait that long, let’s take a look at what your alternatives are.

Other Secure Cryptocurrency Wallets You can Use on Your Smartphone

As already mentioned, in order to be called good, a crypto wallet needs to be secure, as well as easy to use. However, not all of the wallets available for smartphones fit into this category. That’s why you need to be careful to make the best-possible decision.
And if that’s something you’re hoping to achieve, you’re at the right place. We’re now going to give you a few recommendations.
• Coinbase – Generally considered to be the best Ethereum wallet available.
• Mycelium Wallet – One of the best Android wallets for Bitcoin.
• BreadWallet – Another very secure Android wallet for Bitcoin and iOS platforms.
• Xapo – Bitcoin wallet that works on both Android and iOS.
• Samourai – Considered to be an ideal choice for privacy-wary users.
• Wirex App – Mobile wallet for Bitcoin, Ripple, and Litecoin.
If you would like to learn more about which mobile wallet is the best for the cryptocurrency of your choice, make sure to browse through as that’s where you can find all the answers!

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