DigiByte isn’t as well known as other popular cryptocurrencies like Bitcoin and Ethereum. Still, it is often considered by many within the industry as one of the fastest blockchains out there. The project kicked off in 2014 without an ICO and has continually shown it’s a legitimate force within the industry.
As Digibyte continues to show growth and improvement, it has steadily climbed into the top 50 of all cryptocurrencies based on market capitalization. This type of growth has made the digital asset appealing to many investors. If you choose to follow their lead and buy some DGB, you’ll need a place to store your investments. That’s why we’ve created a guide for you about the best Digibyte wallet.
Best Hardware Wallets
Hardware wallets are physical devices you use to plug into your laptop or PC and manage your digital currencies. This type of crypto wallet is great for keeping track of your assets as they’re not accessible unless someone has the actual physical device in their hands. With that in mind, here are a few of the best physical wallets for Digibyte.
Ledger Nano S
One of the most popular hardware wallets in the industry is the Ledger Nano S. This physical wallet supports over 700 different digital assets. Plus, the wallet is one of the most secure options on the market for storing your cryptocurrencies.
Hardware wallets are so secure because they keep all your personal and private information on the device itself. This data remains offline until you want to perform a transaction, which is done through your laptop connection. This means exposure of your private keys to online threats and hackers is kept to a minimum.
- Supports wide variety of digital assets
- Adding coins to wallet is quick and intuitive
- Multiple language support
- Well-known and established company
- Only supports a few apps at a time
- Not as user-friendly as Ledger Nano X
- Not an open-source device
Trezor Model T
Another well-established physical wallet manufacturer is Trezor. This popular physical wallet supports more than 1000 different cryptocurrencies, which means you don’t have to pick and choose which of your digital assets you want to keep on the device. The Model T touts itself as a next-gen physical wallet. It’s essentially a vault for all your digital currencies.
The Trezor Model T offers an easy-to-use touchscreen interface, which allows users to confirm and verify all operations and transactions. Additionally, it offers a high-quality recovery process. If you lose your Model T, you can recover your digital assets by providing the 12-word recovery phrase for authentication when you set up your device.
- Easy to set up
- Smooth touchscreen interface
- Supports passphrase security
- Users can manage over 1000 cryptocurrencies
- Cost is at higher end for physical wallets
- Some users may have trouble with small touchscreen
- Cannot sell crypto to fiat
Best Desktop Wallet
A desktop wallet is a wallet that resides on the desktop of your laptop or PC. These wallets typically support major operating systems like Windows, macOS, and Linux. Many are also multicurrency wallets that can send and receive popular digital assets like Bitcoin, Ethereum, Litecoin, and of course, Digibyte. Desktop wallets are great options if you prefer to have an independent blockchain, along with the full support of the project itself.
The Digibyte team created its Digibyte core wallet for the express purpose of holding DGB. The wallet offers more than just a way to hold your Digibyte. It’s also a full node on the Digibyte blockchain. This helps to secure the Digibyte blockchain, which means not only are you supporting the DGB network but also helping to ensure that it remains secure.
Digibyte Core provides basic functionality,, which includes sending and receiving DGB. The wallet has well over 100,000 users, which puts it among the largest groups of nodes in the industry. Overall, the interface is easy and intuitive, so users should have no trouble quickly learning how to send and receive their DGB.
- Developed and maintained by Digibyte team
- Uses full blockchain node instead of relying on 3rd party
- One of the biggest node groups in the market
- Easy to use and understand
- Supports Windows, Linux, and macOS
- Only supports English
- No in-app exchange
- Customer support could be better
Another popular cryptocurrency wallet in the industry is Exodus, which boasts an excellent user-friendly interface and support for a wide range of digital currencies. Private keys and transaction data on the platform are encrypted, plus users have access to a one-click recovery system. These and other security features make Exodus a solid option for storing your Digibyte.
This multicurrency wallet offers 24/7 customer service while supporting Linux, macOS, and Windows operating systems. Exodus also boasts a mobile wallet available for iOS and Android if you decide to manage your crypto on the go. Lastly, users can buy DGB through the Exodus ecosystem, so you don’t have to exit the platform to purchase additional crypto assets.
- Supports multiple operating systems, both mobile and desktop
- Offers a wide range of digital assets
- Buy and sell Digibyte on the platform
- Built-in exchange
- High marks for security
- Excellent user interface
- Does not support multisig
- Two-factor authentication not supported
- Users can’t control transaction fees
Best Online Wallet
There are plenty of online wallets available for holding DGB. These include Jaxx Liberty, Guarda wallet, and many others. But for the sake of brevity, we’re going to focus on the project’s official online wallet, Digibyte Go.
Digibyte Go Wallet
One of the best online wallets for DGB is the Digibyte Go wallet. This wallet is the official online wallet of Digibyte, considered by many to be one of the most secure in the industry. Users can install the wallet via Chrome extension, which means you can manage your assets anytime you have an online connection.
New users can quickly and easily create a Digibyte Go wallet, making it one of the more convenient online wallets out there. Many users like the easy to use interface, which makes sending and receiving DGB quick and simple. As a result, many users consider Digibyte Go to be the best wallet for holding their DGB.
- Easy to download and set up
- Fast and simple transactions
- Official mobile wallet of Digibyte
- Chrome extension available
- Online wallets are more susceptible to hacks
- No exchange available
- Unable to buy or sell within the wallet
How Do I Get a DigiByte Address?
Getting a Digibyte address is not as complex or complicated as people might think. Start by signing up and downloading the Digibyte wallet you want to use. Once you have everything set up, click on the “receive” button within the app. When you do, your Digibyte address will be revealed. Copy it and share it with the person or platform that needs your address. That’s all there is to it.
If you decide to invest in DGB, you’ll have no shortage of wallets from which you can choose. Some are open-source, while others remain closed ecosystems. The best wallet for Digibyte, in my honest opinion, is Exodus. You’ll have the ability to hold onto your Digibyte while also buying, selling, and trading the coin, all in the same platform. Exodus is easy to use, simple to set up, and great for novice and advanced crypto users.