Simple Guide to the Best Lisk Wallets in 2024
In this review of the best Lisk wallets, you will be presented with their features in a complete overview. As well as the general overview, you could dig further and read everything about each individual wallet from the reviews that you will find. When deciding on a tool, the answer is a complex equation of many technical and personal factors. You need to sort out your priorities and make up your mind about what is important for you: security, privacy, profitability, accessibility or else. This article has it all summarized and well organized for you to assist with the decision.
01.The Best Lisk Wallets
In the table below, you will see the top Lisk wallets, depending on their online appearance. This way you can choose between mobile, web or desktop versions based on personal experience and wishes. That makes the choice straight individual. Some are more practical, others are extremely private. All vital features and characteristics are divided into columns with useful links, in case you want to read more on a feature or a specific Lisk wallet review.
| Type | Name | Compatibility | Supported Coins | Pros & Cons | Get Wallet |
|---|---|---|---|---|---|
| Desktop Wallets | Full Lisk Hub Review |
LSK Only |
Official Lisk Wallet No Two-Factor Authentication |
Download | |
| Full Lisk Core Review |
LSK Only |
Official Lisk Full Node You Have to Download The Whole Blockchain |
Download | ||
| Hardware Wallets | Full Ledger Nano S Review |
47 Coins ERC20 Tokens |
Highest Security Costs around 100$ |
See Pricing | |
| Mobile Wallets | Full Guarda Review |
24 Coins ERC20 Tokens |
Built-In Exchange No Two-Factor Authentication |
Download | |
| Web Wallets | Full Guarda Web Review |
24 Coins ERC20 Tokens |
Built-In Exchange No Two-Factor Authentication |
Visit Website |
Complete List of Lisk Wallets
Now, you got familiar with the best places to store Lisk at the moment, but I wanted to introduce every compatible wallet out there across the web. The main purpose of the wallet itself, is to assist you to control and use your LSK coins. But the true differences are hidden in the background features and tools. For some people, this means security and privacy, for others that is the practical functionality.
| Name | Type | Compatibility | Supported coins | Private Key | Blockchain | Key Features |
|---|---|---|---|---|---|---|
| Lisk Hub | Desktop |
LSK Only |
key Full Control |
Not Needed |
Official Lisk Wallet No Two-Factor Authentication |
|
| Lisk Core | Desktop |
LSK Only |
key Full Control |
Full Download Required |
Official Lisk Full Node You Have To Download The Whole Blockchain |
|
| Lisk Mobile | Mobile |
LSK Only |
key Full Control |
Not Needed |
Official Lisk Mobile Wallet No Two-Factor Authentication |
|
| Mobile |
60 Coins ERC20 Tokens |
key 3rd party hosted |
Not Needed |
Two-Factor Authentication Not Hierarchical Deterministic |
||
| Web |
30 Coins 20 Tokens |
key No Access |
Not Needed |
Multi-coin No Control Over Private Keys |
||
| Desktop |
16 Coins 76 Tokens |
key Full Control |
Not Needed |
Built-in Exchange Hierarchical Deterministic |
||
| Desktop, Mobile, Web |
24 Coins ERC20 Tokens |
key Full Control |
Not Needed |
Built-in Exchange No Two-Factor Authentication |
||
| Hardware |
47 Coins ERC20 Tokens |
key Full Control |
Not Needed |
High Security Costs Money |
||
| Lisk Freewallet | Mobile, Web |
LSK Only |
key 3rd Party Hosted |
Not Needed |
Built-In Exchange Not Open Source |
|
| Mobile, Web |
22 Coins 3 Tokens |
key 3rd Party Hosted |
Not Needed |
Built-In Exchange Not Open Source |
||
| Desktop, Mobile, Web |
27 Coins 35 Tokens |
key 3rd Party Hosted |
Not Needed |
Built-In Exchange Not Hierarchical Deterministic |
||
| Hardware, Desktop, Mobile, Web |
40+ Coins ERC20 Tokens |
key Full Control |
Not Needed |
Two-Factor Authentication Costs Money |
||
| Model T | Hardware, Desktop, Mobile, Web |
40+ Coins ERC20 Tokens |
key Full Control |
Not Needed |
Hierarchical Deterministic Costs Money |
You have all the data above but still puzzled how to analyze every detail? Start by clearing a few things up first. Think about how often you will use it, do you need it all times on your mobile or reaching it at any given moment and place. However, hot Lisk wallets, or the ones connected to the network 24/7 are not your choice, if you seek strong security. What is more, a multi-coin LSK wallet is always a good choice for minting, storing or trading more than one cryptocurrency.
02. Common Features of Lisk Wallets
The list of wallets for Lisk is not that long and there isn’t any specific common feature. Nevertheless, most of them are multicurrency representatives. The official ones are open source and HD. In the next few lines you will read more on security and privacy.
Security and Privacy
Here are the most significant features of Lisk wallets. Before you jump directly to the grid below, I want to explore and explain the additional ones that are not part of the list.
Open Source
This presents the source code to every user. You can double check the level of authenticity.
Hierarchical Deterministic (HD)
It provides a backup mechanism to restore the access to your wallet in case of a lost password or stolen one. It derives keys from a single point – a seed.
Secure Lisk Wallets To Consider
Transaction Fee Management
In the crypto sphere, in order a transaction to be processed and written in the blockchain requires a fee to be paid to the miners. With Lisk, those amounts are fixed:
- Outgoing transaction: 0.1 LSK
- Second passphrase: 5 LSK
- Delegate registration: 25 LSK
- Voting: 1 LSK/voting round (33 votes can be made per voting round)
- Multi-sig: 5 LSK/member
03.FAQ
-
What to do if I forget my passphrase?
Unfortunately when the 12-word passphrase is lost, you can’t log into your Lisk wallet. The blockchain has a high level of anonymity. The only thing you can do is to review the Mnemonic BIP39 word list and try to remember it.
-
What does a zero balance with a new address mean?
In case the wallet address is different as well, most likely the passphrase is being written incorrectly.
04.About Lisk
The blockchain application Lisk is a platform, established in 2016 by Oliver Beddows and Max Kordek. Based on its own blockchain network and token, developers are enabled to create, distribute and manage dApps by establishing their own sidechain linked to the main one. Thanks to the flexibility of sidechains, developers can implement and customize their blockchain applications in full capacity.
Lisk is tradable since the middle of 2016 after raising 14,000 BTC out of an ICO campaign. It reached $1,000,000,000 market cap in 2017. What is more, it uses the originally created BitShares algorithm a.k.a. DPoS. Basically, Lisk functions via a series of rounds, where each of them consists of 101 blocks. A full cycle round takes 17 minutes and in case things go wrong with some of the blocks involved, the whole process just moves to the next one.