Best Aptos Wallets for You to Store Aptos Coin

Best Aptos Wallets –An Overview

• Petra Wallet
• Trust
• Martian Aptos Wallet
• Pontem
• Fletch
• Binance Wallet

The Aptos project was officially launched last month, which mentioned its focus on security, scalability and upgradability of Web3 infrastructure. It is just a blockchain project revived from Meta’s web3 project which has been abandoned. The most interesting feature of this project is that it uses a new programming language called Move, which is a novel smart contract language.

What Is Aptos Crypto?

Aptos is a proof-of-stake blockchain which promises more than 1.5 lakh transactions per second. Basically, it is an L1 blockchain with high speed. For our naive readers let me decode the L1 blockchain. L1 blockchain or Layer 1 blockchain eventually means a base network, often referred to as the mainnet. In simple words, a Layer 1 blockchain is a blockchain that processes and completes all the transaction on its own network.

Coming back to the Aptos Network, it provides an infrastructure for dApps to process and complete all the transactions on the Aptos Blockchain. The project and coin launch of Aptos were seen as a great event and this project is seen to have the potential to overpower all its competitors available in the market.

The features mentioned in its white paper are oriented to connect web3 to the masses which includes the different technologies used in it to make it more varied. For example, the programming language used focuses on security and allows developers to build more protected software. Also, the Aptos data model provides features like flexible key management. There are many such technical aspects which make this project a special one.

Types of Aptos Wallet

There are two kinds of Aptos wallet where you can store APT coin and Atpos NFTs.

Custodial Wallet

Custodial Wallets are 3rd party wallets, where the private key is not held you you. A prime example of such wallet is any exchange wallet. You can store your Aptos on any cryptocurrency exchange that has listed Aptos, but if the exchange goes bust, you may lose your coin. FTX wallet was also a custodial Aptos wallet, and many who store their Aptos on FTX is not not able to withdraw their coin.

Non-custodial Wallet

Non-custodial (self custodial) wallets are those, whose private keys are held by you. You are in control of your keys, and hence the coin. You need to keep your private keys safely. If you lose your private keys, you will lose access to your Aptos, forever.

Best Aptos Wallets

Aptos launched its native token APT in October 2022. It opened at around $13 with a volume worth $57 million. Soon Aptos price dropped and never saw the opening heights again. Today it is trading around $4.31.

Here are some best Aptos wallets for those who want to store APT coins.

Petra Wallet: Official Aptos Wallet

Type: Chrome Extension

Built on Aptos Labs, Petra is a browser extension for Aptos. It acts as an interface between the user and Aptos blockchain. Users can also mint and view NFTs and avail of all other benefits available on Aldos Blockchain. Users can store and trade their assets using this extension. Petra has been downloaded over 3,00,000 times.

Trust Wallet: Best Multichain Wallet

Type: Browser extension, Android app, iOS app

Trust Wallet is officially owned by Binance Labs and is one of the largest multichain wallets supporting the Aptos blockchain. It is also available as a browser extension and as a mobile application on iOS and Android. This is an open-source product and is available for free. Best part about using Trust wallet to store Aptos coins is that you do not need to download multiple wallets for different cryptocurrencies.

Martian Aptos Wallet: Best Self Custody Aptos Wallet

Type: Chrome Extension

Martian wallet is the best self custodial Aptos wallet. Not just Aptos, you can store all cryptocurrencies that are using Move language to build their projects. It is also available as a Chrome and iOS extension. It also allows users to store, access, manage and trade in various assets. The seed phrase is not stored on the Martian server. It has over 5,00,000 users on Chrome due to its ability to mint NFTs directly to the blockchain.

Pontem Wallet

Type: Chrome extension

Claiming itself as the gateway to the Aptos ecosystem, it is a browser extension on Pontem Network. Having a strong community of over 100,000, it supports various features like sending, and receiving tokens and also allows to navigate through any dApps available on the Aptos blockchain. It currently has over 187,000 downloads.

Fletch: Mobile Wallet for the Aptos Blockchain

Fletch gives a DeFi wallet based on Aptos blockchain which is fully decentralized. Users can manage assets like NFTs and tokens. It is available as a browser extension as well as a mobile application on Android and iOS. It has more than 10,000 download on the Play Store. This is a relatively new Aptos wallet.

Binance Wallet

Binance is a custodial wallet for Aptos blockchain. You can store you Aptos coin on Binance wallet. This is the only exchange wallet I can recommend. You should go with Binance as a custodial wallet, only if you are not good with keeping private keys safe.

6 Best Aptos Wallets – Infographic

There are also many other wallets available such as FoxWallet, ONTO Wallet, ComingChat, ComingChat, Spika Wallet, etc.

Best Aptos Wallets: Conclusion

Aptos is a capable and technically strong project with many outstanding features that has achieved a good reputation in the market and among the developer community. This native token is also a good investment option when we consider the company’s strong financial background. In addition, it has built a strong community and will continue to do so during the development of Aptos.

When it comes to the best Aptos wallet, there are many options on the market. Users should choose the appropriate wallet based on usage, the platform used and the interface that the user is familiar with. The choice of wallet also depends on the security of the wallet and its ability to process transactions.

Best Aptos Wallets FAQs

How to buy APT?

• Users need to create a account on a platform that supportsAptos (APT)
• Choose the method of transaction which could be either a credit card, debit card, peer-to-peer trading or third-party payment
• Confirm your order based on the current market rates
• Store and trade in APT with your selected wallet

Can you store Aptos coins on Metamask?

As of now, you can’t store APTOS on Metamask.

Do hardware wallets support Aptos coins?

Major names in the hardware wallet industry like Ledger and Trezor do not support APT at this point in time, but they may soon adopt the token and blockchain.

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