Chainlink (LINK) is one of the few cryptocurrencies that even though they are up there among the top crypto assets by market cap, still has much growth potential. This is tied to the network’s importance in bringing about blockchain interoperability.
Operability is the ability of blockchains to operate with each other without losing their identities. This makes it possible to send messages and tokens from one blockchain to another. This is an important element in the blockchain industry, which makes LINK, the native token of the network promising.
LINK is an ERC-20 token since its network is on the Ethereum blockchain. The token can be used for many things, including staking, which pays the holders reward. It is also an asset that many investors have bought and held and it brought great returns over the years.
If you wish to start earning on LINK also, it is time to buy some, and you need a good wallet for it. Below are the best wallets you can use to hold your LINK tokens.
Metamask
Metamask is a browser extension wallet that was created specifically for interacting with the Ethereum blockchain. This makes it the ideal wallet for all ERC-20 tokens, one of which is LINK. You can also use it to access decentralized applications such as decentralized exchanges and swap LINK for other tokens.
Although the wallet now supports other blockchains such as Binance Smart Chain (BSC), it is still one of the best wallets for Ethereum tokens. Being a non-custodial wallet, it gives users full control over their assets.
The wallet works on most major browsers, including Chrome, Brave, and Firefox. You can also use it alongside the Android and iOS mobile app which you can synchronize with the extension for seamless management of your portfolio.
Trust Wallet
Trust wallet is a top non-custodial wallet that supports millions of crypto assets across several blockchains, including LINK. It is indeed a web3 wallet, packing features such as support for non-fungible tokens (NFTs) and staking.
The wallet also has a dapp browser built into it which you can use to access decentralized applications. Trust wallet also has support for top hardware wallets such as Ledger and Trezor, so that you can use it to access your portfolio on such hardware wallets.
Coinbase Wallet
Coinbase wallet is a non-custodial wallet owned by Coinbase, the company that also owns Coinbase exchange. The wallet is entirely separate from the exchange though, giving the user 100% uninterrupted control over their own assets.
You can use it not just for crypto assets such as LINK but also to store NFTs. Being a web3 wallet, it also allows users to stake tokens and earn rewards. You can use it as an app on your Android or iOS devices, or use the browser extension option.
The browser extension works with top browsers like Chrome, Brave, and Edge, as well as all top operating systems.
Ledger
Ledger is the general name for hardware wallets created by top security company, Ledger. They provide cold storage for your crypto assets, keeping them safe from attackers trying to steal your assets. The wallets support thousands of crypto assets across several blockchains, including LINK.
They also support NFTs, and while they can be accessed on your desktop using the Ledger Live App, the Ledger Nano X also provides support for Bluetooth connection, allowing users to access the wallet on the mobile devices as well.
MyEtherWallet (MEW)
MyEtherWallet (MEW) is a wallet specifically created for Ethereum, as the name suggests. The wallet only supports ERC-20 tokens like LINK, and Ethereum Classic. This non-custodial wallet is also known for the highest security standards.
It can be used as an app on mobile devices and also on the web. It allows you to create and manage multiple wallets within it, and can be used offline for more security. You can even manually add ERC-20 tokens that are not readily supported on the wallet whenever you need to.
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