Best Cardano Wallet UK – 4 Best Cardano Wallets in 2022

Whether you already hold some ADA tokens or are looking to buy Cardano for the first time – you will need to think about where to safely store your digital funds. There are tons of Cardano wallets online, so it’s best to conduct some research before signing up with a provider.

In this guide, we save you some legwork by reviewing the best Cardano wallets in the UK, as well as detailing how to get started in under five minutes!

#1 Cardano Wallet In the UK – eToro

Best Cardano Wallet in the UK – Top 4 List

After much deliberation, you will find the best Cardano wallets in the UK listed below:

• eToro – Overall Best Cardano Wallet in the UK
• Coinbase – Best Cardano Wallet for Beginners
• OKEx – Recommended Cardano Wallet for Features and Tools
• Binance – Best UK Cardano Wallet for Asset Diversity

We offer a full review of each Cardano wallet next.

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

Best Cardano Wallet in the UK – Full Reviews

In this section, we review the top Cardano wallets in the UK. This should save you some time and give you a better idea of what is out there in terms of ADA token storage. You should think about regulatory standing, what type of device might be most suitable, whether fees are reasonable, and much more.

Rather than signing up based on other people’s opinions, it’s crucial that you also engage in your own investigation. For any beginners – we detail how to find the best Cardano wallet in the UK after the following reviews.

Invest Invest $ = Cardano Refresh More Filters Sort By Rating 2 Providers that match your filters Payment methods Credit Card Paypal Sepa Transfer Skrill Sofort Giropay Neteller Features Instant Verification For Beginners Wallet Service Mobile App Usability Very Good Good Average Bad Support Very Good Good Average Bad Fees 1 or better Safety 1 or better Coin selection 1 or better Rating 1 or better Clear Filter Recommended Broker Rating for $ 100 you get 106.3914ADA What we like Trade real cryptos and crypto CFDs Licensed broker with deposit insurance Integrated wallet Fees Safety Coin selection Features Payment methods for $100 you get 106.3914 ADA Read more here Buy now Read more here CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 75% of retail investor accounts lose money when trading CFDs from this provider. Recommended Broker Rating for $ 100 you get 109.4654ADA What we like Amount of withdrawal fee: $0 Large amount of cryptocurrencies for CFD trading Minimum deposit: $20 Fees Safety Coin selection Features Payment methods for $100 you get 109.4654 ADA Buy now CFDs are complex instruments that have a high risk of losing money quickly due to leverage. 72.6% of retail investor accounts lose money trading CFDs with this provider.

1. eToro – Overall Best Cardano Wallet in the UK

eToro, the broker behind the best Cardano wallet in the UK, has successfully gained over 20 million clients from around the globe. You shouldn’t worry about legitimacy or ethical conduct with this storage app, as the FCA regulates the provider. The GFSC in Gibraltar has approved and licensed the wallet itself, which shows that eToro follows rules surrounding safety, has more than adequate resources, and has proven compliance with AML and such.

As we touched on, this wallet comes as an app – which is free to download on both Android and iPhone devices. You can also open an eToro account without charge. Aside from Cardano, there are over 120 cryptocurrencies that you can store in the eToro wallet. This guide found large-cap tokens such as Ethereum, Bitcoin, XRP, and EOS. And smaller offerings like Yearn.Finance, Chainlink, Decentraland, Aave, and many others. All of which can be bought, sold, and safely stored via the app.

There are also over 500 convertible digital currency pairs available via the eToro crypto wallet. As such, this is not only a storage option but also doubles up as an exchange. Here you can buy, sell, swap, and check the performance of your portfolio from the palm of your hand. This is one of the safest mobile apps in this category, as there are multiple advanced security features in place to prevent unauthorized access to your account and investments.

This includes DDoS protection, standardization protocols, and multi-signature facilities. You will be given your own unique and personal private on-chain address – allowing you to receive, transfer and store cryptocurrencies anywhere on the blockchain. This is one of the best Cardano wallets in the UK for many of the above reasons. With that said, a stand-out feature is the ability to quickly recover your private keys if you lose them – crucially, on a regulated platform.

The eToro Cardano wallet is suitable for investors of all financial standing as the minimum investment starts from just $25 – which converts to around £18. The broker behind this wallet app accepts 15 deposit currencies. Although the platform operates in US dollars, you will not have to exchange your British pounds via a third party as the provider will convert it for you, for a small 0.5% exchange fee. Check out the Copy Trader feature for passive investing.

This allows you to mirror a seasoned investor. Rather than stipulating commissions – eToro only charges the spread to buy and sell Cardano. For those unaware, this is the difference between the buy and sell price of the asset. This gap is tight here and starts from just 0.75% on cryptocurrencies. When you are ready to fund your account, you will find plenty of deposit methods – including credit and debit cards, bank transfers, and e-wallets like PayPal and Skrill.

Pros

Cons

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

2. Coinbase – Best Cardano Wallet for Beginners

The buy Cardano wallet at Coinbase is great for beginners due to its simple layout and easy-to-navigate crypto platform. This is a successful crypto exchange looking after over 56 million accounts from around the world. You can take matters into your own hands by opting for the free Android or iPhone app and taking care of your own private keys.

The app allows you to sell, buy and trade cryptocurrencies on the go. The best Cardano wallet in the UK for beginners is probably the web option. In this instance, 98% of your digital assets will be safe in offline cold storage. This is a major selling point in terms of safety as your investment is kept away from cybercriminals. Alternative supported tokens include Bitcoin, Ethereum, XRP, Dogecoin, Uniswap, Solana, Litecoin, and more.

We mentioned the mobile app option, which is free to download for iPhone and Android users. Although this means you are tasked with securing your own ADA tokens, it also means you have full control over your private keys. You can easily access your main account via the application to manage your digital currencies.

You can add funds to your OKEx account via a credit or debit card – with a fee of 3.99% of your deposit. Alternatively, you can also opt for a UK bank transfer. Either way, you will need to complete the KYC process first. We offer a step-by-step sign-up later for anyone new to trading. This entails confirming who you are and uploading ID and documentation for proof of identity and address. The commission fee to buy and sell Cardano stands at 1.49%.

Pros

Cons

at eToro, the UKs #1 Broker

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

3. OKEx – Recommended Cardano Wallet for Features and Tools

The third best Cardano wallet in the UK is offered by OKEx. The exchange handles over 20 million accounts for clients from 200+ countries. You can choose between two storage types – first, the mobile app, allowing you to access your cryptocurrency portfolio on the move. This may be better suited to seasoned traders, as you must look after your own private keys.

Alternatively, you might opt for the OKEx web wallet. Many would argue this is the most beginner-friendly route. Instead of you having to take on the responsibility yourself – your private keys and ADA tokens will be kept safe by the provider. There are 400+ crypto-pairs available, comprising Bitcoin, Ethereum, XRP, Tron, Dogecoin, Polkadot, and more. You can also use ADA tokens to buy and sell other markets or exchange them for alternative digital currencies.

Please note that, unlike eToro, this Cardano wallet does not offer a private key recovery service. The commission charged to buy and sell ADA tokens is 0.10%. You can fund your account from within the mobile app using UK credit and debit cards, but must first upload the relevant documentation so that OKEx can validate your identity. OKEx also offers an ‘Earn’ section which enables interest-bearing opportunities on your idle cryptocurrencies.

Pros

Cons

at eToro, the UK’s #1 Broker

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

4. Binance – Best Cardano Wallet in the UK for Asset Diversity

Binance is behind of the most well-known Cardano wallets in the UK. The cryptocurrency exchange behind it boasts the highest trading volumes in the sector. This storage option includes safety features like address whitelisting and two-factor authentication. You can use the web offering, or download the Trust Wallet.

The Trust Wallet is backed by Binance and is free to download from the relevant app store. If you are looking for diversity, there are hundreds of alternative cryptocurrencies to buy and sell here. This guide found Bitcoin, Ethereum, Polkadot, Uniswap, SushiSwap, and many more. The trading fee is 0.10%, meaning for every £100 you stake you pay £0.10. Alternatively, you may find the web wallet a good alternative.

This Cardano web wallet ensures the majority of your funds are kept in cold storage and the aforementioned safety features apply to prevent unauthorized access to your tokens. The mobile offering has the added bonus of being compatible with third-party exchanges to sell, buy and trade ADA tokens. There is a savings account at Binance – allowing you to earn money on crypto. You can fund your account with a credit/debit card after completing the KYC process.

Pros

Cons

at eToro, the UK’s #1 Broker

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

What is a Cardano Wallet UK?

When we need to put fiat money away, most of us look to a bank. When it comes to cryptocurrencies – you need to secure digital assets. The best Cardano wallets in the UK will make it possible to store ADA tokens – as well as offering access to the relevant markets so that you can buy, sell and swap.

• This means you should have everything you need under one roof and can also check on the performance of your portfolio with ease.
• There are various different categories of Cardano wallets in the UK and we discuss this matter in more detail shortly.
• Which one is right for you will depend on various aspects, such as how comfortable you feel keeping your own private keys safe or how you wish to access your account.

The provider will also give you what’s called a ‘public address’ – you will need to enter this information to transfer cryptocurrencies into your wallet. It’s comparable to bank details.

Depending on which type of storage option is the best Cardano wallet for you – you may be given a private key. This is advanced cryptography, a number unique to you that authorizes you, and only you, to access your ADA tokens. Many investors have lost this key and, subsequently, all of their digital assets. Beginners might find this intimidating, however, there are other options, which we talk about next.

How to Find the Best Cardano Wallet UK

Although we have reviewed the best Cardano wallets in the UK, it is important you carry out your own research to find the ideal storage option.

See below for some key considerations when looking for the best Cardano wallet in the UK. This includes the different types available, security, features, and more.

Cardano Wallet Types

Cardano wallets differ, and the type you choose will depend on how you like to access your digital tokens. For instance, if you spend plenty of time on your home computer, you may prefer a desktop wallet. Those who like to check things on the move will be more likely to opt for a mobile or web storage option.

See the various storage types below, to give you a better indication of what might be the best Cardano wallet for you:

Hardware Wallet

When researching the best Cardano wallet in the UK, you will have probably seen hardware wallets advertised.

Let’s clear the mist on this type of Cardano wallet:

• This option is a tangible device
• Your private key will be kept on the hardware wallet, and your ADA tokens will be kept on the blockchain
• Comparable to a USB dongle – to access your blockchain address, you will usually have to plug the hardware device into a computer

If you are looking for the best Cardano wallet and want to take on the responsibility of its safekeeping, then this is one of the most secure ways to store your private keys. With that said, beginners may take comfort from signing up with a regulated broker like eToro that will store your assets in a safe space at no extra charge. You also have the convenience of accessing your account from the palm of your hand – wherever you are.

Mobile App Wallet

Many people believe the best Cardano wallets in the UK come in the form of a mobile app. As we just mentioned, it is a very convenient option for those of us who are never too far away from our mobile phones. Always ensure the provider offers safety features such as two-factor authentication and even the option of signing in with your fingerprint.

The best Cardano wallets in the UK will enable you to store – as well as buy, sell and trade ADA tokens from within the app itself. You should also be able to view your portfolio on the main platform. The eToro storage option is free to download, holds a regulatory license, and allows you to do all the above. You will find support for over 120 cryptocurrencies.

Web Wallet

The web wallet, as discussed in our earlier review of the best Cardano wallets in the UK, is a convenient option for all skill sets. This will see you signing into your broker account and accessing your ADA tokens from the platform itself.

• This saves you from downloading anything onto your home computer or mobile phone
• Via an FCA-regulated provider like eToro, you can store your cryptocurrencies in a safe space at no extra cost
• Furthermore, you can purchase from as little as $25 in Cardano tokens to take a slow and steady approach to investing

If you decide the best Cardano wallet in the UK is one offered by an unregulated platform, you should be aware that your investment could be vulnerable to cryptojackers. As we touched on, you can store your ADA tokens at eToro in safety. The FCA regulates this broker – as well as CySEC and ASIC.

Another key advantage of choosing a web wallet is that you can easily view your portfolio holdings by simply logging into your account. eToro also enables you to buy and sell ADA tokens under one roof so that you don’t have to deal with a third-party exchange and multiple transfers.

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