Dogecoin has stood as one of the most popular cryptocurrencies in the market for some time.
This coin, which began as a joke, has risen through the ranks to become an industry giant.
But where should you be storing your Dogecoin private keys to ensure your funds stay safe?
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What are the best Dogecoin wallets out there today?
A hardware wallet is a physical gadget that stores your private keys offline.
However, software wallets are often free, which is why most crypto holders lean towards this option.
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But this doesn’t mean custodial wallets are unsafe.
For the absolute highest levels of security, a non-custodial hardware wallet is ideal but not always convenient.
So, let’s get into the best DOGE wallets for your funds.
The Best Dogecoin Wallets
1.
Binance Wallet
The first choice in our list is Binance’s custodial software wallet.
But don’t panic.
Firstly, Ledger’s wallets use a unique operating system known asBOLOS, or Blockchain Open Ledger Operating System.
Isolating each app means that information is never traded in between and so can be kept super secure.
Ledger also uses a Secure Element (SE) chip tostore your seed phrasesand private keys safely.
SE chips are designed to avoid malicious attacks, such as hacks, even when they are highly sophisticated.
However, it is worth noting that Ledger’s wallets are not free.
Exodus
Exodus is a widely used software wallet that supports over 200 cryptos, including Dogecoin.
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Because Exodus is non-custodial, your private keys can be stored locally on your chosen gadget.
But, unlike Ledger, Trezor’s wallets do not use an SE chip.
So, it can still act as a reliable Dogecoin wallet.
Coinbase Wallet supports a lot of well-known currencies, including Dogecoin.
Coinbase’s Vault allows you to store your funds separately in an account that prevents immediate crypto withdrawals.
Users can either choose a trusted individual to verify withdrawals or have their withdrawal go through an approval process.
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This stops unauthorized parties from draining your wallet in seconds.
Note that the Vault feature cannot be used via the Coinbase smartphone app.
Atomic Wallet
Atomic Wallet isn’t just useful for storing your Cosmos (ATOM) private keys.
it’s possible for you to also use Atomic Wallet to keep your Dogecoin funds safe.
Atomic Wallet is a trustworthy software wallet provider that allows users to store their keys in a non-custodial fashion.
But Atomic Wallet offers a range of additional security features to ensure your private keys are not stolen.
Firstly, your locally stored information is encrypted using AESsymmetric encryption.
KeepKey
KeepKey is another example of a trusted hardware wallet developed by ShapeShift, a popular DeFi platform.
While KeepKey only supports 40 cryptocurrencies, Dogecoin is one of them.
There’s also no limit to how many wallet addresses you might assign to a single KeepKey machine.
KeepKey is considerably cheaper than other well-known hardware wallets, with prices starting at around $50.
