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Multicurrency wallets offer a more versatile wallet solution for users to buy and exchange 100+ different cryptocurrencies with a credit card, as opposed to using a blockchain-specific wallet that focuses more on storing/viewing NFTs and facilitating day-to-day transactions on the blockchain.
Many of these wallets are available to download for desktop, as a browser extension, and as mobile apps on iOS and Android.
Each multicurrency wallet has its own pros and cons regarding the number of available cryptocurrencies to purchase, payment methods, staking, and more that can benefit you directly by being able to:
- Easily purchase and hold multiple currencies in a single wallet with a credit card or bank transfer in your local fiat currency
- Stake your crypto to earn more tokens instead of simply hodling your investments
- Exchange hundreds of assets across different blockchains at fixed rates
- Enjoy excellent in-app support services
Interested in a wallet that provides you with more investment options? Check out our multicurrency wallet reviews to find the right one for you.