Simple Guide to the Best Verge Wallets in 2024
Possessing a wallet is an inevitable part of your crypto journey, it purpose is to help you store, send or receive digital assets through the network. Because of the high demands and the different needs of the users, there are various options divided by their internet access, client type, security measures, privacy and more. I have prepared much more information regarding the top Verge wallets, how to set them up and of course a full list of the most popular ones. Please, follow my lead and let me help you choose and understand how to deal with Verge wallets.
01.The Best Verge Wallets
So, where can you store Verge coins? I will start with the best XVG wallets which you can find on the table below. The choice is entirely yours, my recommendation is to carefully check all options and proceed with the one you find most suitable for you. I said that because this is a decision that you need to take individually since each wallet brand has its own pros and cons. Some of them emphasize the security factor, others on the practical usage, interface or anonymity.
| Type | Name | Compatibility | Supported Coins | Features | Get Wallet |
|---|---|---|---|---|---|
| Desktop Wallets | Full Tor QT Review |
XVG only |
– HD Wallet – Stealth addresses – Custom fees |
Download | |
| Hardware Wallets | Full Crypto Key Stack Hardware Review |
– |
1000+ Coins |
– HD Wallet – Cold Storage – Fireproof, Waterproof, EMP Proof |
See Pricing |
| Mobile Wallets | Full Verge Tor Wallet Review |
XVG only |
– HD Wallet – Stealth Addresses – Tor |
Download | |
| Full Verge Tor Wallet Review |
XVG only |
– HD Wallet – Stealth Addresses – Tor |
Download | ||
| Web Wallets | Full CoinSpot Review |
30 Coins 20 Tokens |
– Built-In Exchange – No Control Over Private Keys |
Visit Website |
Complete List of Verge Wallets
I hope that you already took your pick from the top Verge wallets but in case you didn’t, don’t worry, I got some more useful information to give you. Apart from the abovementioned wallets, there are more below. I am aware that some of you may prefer to stay incognito and accentuate on their anonymity, others will choose better security to keep their funds save. So, to make your life easier, I have collected all Verge wallets reviews and placed them on the table below, don’t forget to use the quick links, if you want to find out more about the wallet under question, just click it.
| Name | Type | Compatibility | Supported Coins | Features | Key Features |
|---|---|---|---|---|---|
| Verge QT Full Wallet | Desktop |
XVG only |
Passphrase |
– HD Wallet – Stealth Addresses – Custom Fees |
|
| Verge Tor Wallet Mobile Wallet | Mobile |
XVG only |
Passphrase, Pin, Fingerprint |
– HD Wallet – Stealth Addresses – Tor |
|
| Tor Electrum | Desktop |
XVG only |
Passphrase |
– HD Wallet – Multisig – Tor |
|
| CoinPayments | Mobile, Web |
80+ Coins 1000+ Tokens |
Passphrase, Pin, Fingerprint |
– Fiat Gateway – SegWit Support – PayByName feature |
|
| Crypto Key Stack Wallet | Hardware |
– |
1000+ Coins |
– |
– HD Wallet – Cold Storage – Fireproof, Waterproof, EMP Proof |
| Guarda | Desktop, Mobile, Web |
40+ Coins 1000+ Tokens |
Passphrase, Fingerprint |
– Built-in Exchange – Fiat Gateway – Built-in Asset Swap |
Now, you should be already familiar with the alternatives of choice but before you take your final decision, how about to explore a bit more about the features which are most common, attractive and useful. Prior to that, I want to clarify the criteria by which you should sort Verge wallets. You first need to decide which client interface will serve your needs and you must choose between mobile, web or desktop versions. You should consider also your coin options, if you are planning to hold different types of digital coins, it will be best to pick a wallet with multi-coin support. Finally, think about how often you are planning to cash out as some wallets have higher thresholds and if you are looking to do it frequently you need to go with lower or missing minimum.
02. Common Features of Verge Wallets
And now to the most common features of Verge wallets. As you can see, the Tor compatibility is one of them and maybe the most widely spread one. Verge wallets offer a high level of privacy thanks to the Wraith protocol which appears to be a technological upgrade pack which is enabling stealth addressing services. It makes sending/receiving transactions completely private across the blockchain. The Wraith protocol gives you the liberty to perform your daily tasks without revealing any personal information.
Security and Privacy
Underneath you will find the wallet’s features which I consider most relevant but probably you already guessed, that’s not all. Of course, there are other useful security Verge wallets tools like the 2FA (Two-Factor-Authentication). It is a simple mobile app connected to your wallets account, each time you try to log in, you need to for fill 6-12 digits code displayed on your phone, but the code is changing every 60 seconds. In this way, you ensure a second layer of security in cases when your password is stolen or forgotten. Some Verge wallets support ShapeShift, as its nature that is a Built-In Exchange, making the trades even easier. I will mention also the HD (Hierarchical Deterministic) wallets, it is secret code called “seed”, used to gain access in cases of lost or stolen password.
Hierarchical Deterministic (HD)
The HD feature means that the wallet has a master seed phrase that you need to make sure not to forget or loose. You can create pairs of keys for every transaction and if something happens to the wallet you just need to restore the master seed. Wallets that are HD are Verge QT, Tor Electrum and Verge Tor Wallet.
Tor as Proxy
With the allowed usage of Tor as a proxy, you will be able to hide and protect your IP address in order to prevent any hack attacks or informational leakage. It increases your privacy and anonymity.
Secure Verge Wallet To Consider
Transaction Fee Management
With Verge wallets you don’t have such option, to choose, amend or change the transaction fees. They are previously set and fixed to 0.1 XVG with an average time of 5-10 second to go through. Of course, this depends on the networks processing capacity at that current moment. If the network is overloaded, it could take a bit more than expected but respectively it will take less if it’s not.
03.FAQ
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What Is an Electrum Wallet?
Verge Electrum wallet uses SPV (Simple Payment Verification) technology to verify transaction on the Verge blockchain without the need of downloading the entire blockchain on your computer. By this way, SPV reduces the standard confirmation duration to 5 seconds instead of the normal 30 seconds. As an overall conclusion, I can state that “Tor Electrum” is a Verge wallet mainly focused on speed and resources usage optimization.
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What is a QT Wallet?
That is a wallet which requires storage for the whole Verge blockchain on your hard-drive or simply explained, the entire transaction history of the chain since its very beginning. The current size of it is around 5GB but its progressively increasing since more blocks are added daily. If your intentions are to proceed with QT wallet, have in mind that you will need some free space on your computer. Also, every time when you run the wallet it will automatically synchronize with the blockchain and download the latest version of it.
04.About Verge
Developed in 2014 by a group of people called “Sunerok”, Verge appears to be an enchased and more anonymous version of Bitcoin which can perform more than 100 transactions per second. In its nature Verge is a decentralized open-source cryptocurrency strongly oriented to productivity and privacy. Thanks to TOR and I2P technologies, the transactions are untraceable, and your IP address is protected, let’s don’t forget that the Wraith protocol also helps with the encryption and preservation of your identity.
An interesting fact is that ordinally in 2014, the coin was released with the name “DogeCoinDark” but later, in 2016, the name was changed to Verge. As I mentioned, the coin is widely recognized and partnerships are established with some of the largest pornography global providers PornHub and MindGeek. If you are looking to find more about the team or anything related with Verge, you can always check their official website.