Best VeChain (VEN/VET) Wallet [2020 Edition]

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VeChain blockchain has its native currency called VET, which fuels the ecosystem.

VeChain claims to be the most advanced blockchain in the space of supply chain management along with actual IoT devices. Probably, you already know this, and that might also be the reason why you think VeChain’s VET token is important.

So make sure you are keeping your VET tokens in the right place for the long term safety. I don’t hold any VET tokens now but would have used following reliable wallets:

Best VeChain (VEN/VET) Wallet

VeChain (VEN/VET) WalletsWallets
VeChain (VEN/VET) Hardware Wallets
Ledger Nano X [Recommended]
Ledger Nano S
VeChain (VEN/VET) Android & iOS Wallet Apps
VeChainThor
Trust Wallet
VeChain (VEN/VET) Web WalletsMySafeWallet

#1. Ledger Nano X

If you hold a significant number of VET tokens and believe in its long term success, you should keep it ultra-secure in hardware wallets like Ledger Nano X.

Being a self-hosted Ledger Nano X keeps you in control of your digital assets. The private keys of your cryptocurrencies always remain on your device.

The good thing is, Ledger Nano X now supports VET tokens including 1000+ other currencies. So if you want long term safety of your VET tokens, go for Ledger Nano X.

PS: Always buy Ledger Nano X from this official website, purchases made through other sources such as Amazon have been reported faulty resulting in compromising of users’ funds.

The device comes with a battery and Bluetooth device; that’s why you can connect it with your iOS and Android devices. Lastly, if you have more currencies or plan to have more in the future along with VET tokens, you should check Ledger Nano X.

Try Ledger Nano X Wallet Now

#2. Ledger Nano S

Ledger Nano S is another flagship product of a pioneer company expert in developing security solutions for digital assets, i.e., Ledger SAS.

This wallet is capable of storing VET tokens plus 1000+ cryptocurrencies in a non-custodial way where you control the private keys.

Ledger Nano S doesn’t have a battery like Nano X and isn’t a Bluetooth enabled device. But you can connect the Nano S device to and Android device with an OTG, but iOS support isn’t available yet.

PS: Always buy Ledger Nano S from this official website, purchases made through other sources such as Amazon have been reported faulty resulting in compromising of users’ funds.

If you are low on your budget and want something secure like Ledger Nano S but with fewer features, you should go for Ledger Nano S

Try Ledger Nano S Now

#3. Trust Wallet

Trust wallet is a must-have mobile wallet if you are into cryptocurrencies.

The good thing is, Trust wallet supports 50+ cryptocurrencies, including VET coins. So if you are someone who is having small amounts of VET and want it to store in a reliable mobile wallet, Trust wallet is for you.

Moreover, the Trust wallet is a non-custodial wallet where you remain in control of your crypto wallet. Additionally, there is an in-app exchange built into the app through which you can exchange your VET tokens to another crypto.

Trust wallet is one of the best in terms of security, and I have been observing them since the early days. They got acquired by Binance in 2018, and since then their development has just taken off.

Previously, they were only supporting the Ethereum ecosystem, but now they support other coins too, including VET. As of now, Trust wallet is available for iOS and Android wallets.

Check Out Trust Wallet

#4. VeChainThor Wallet

VeChainThor is the official lightweight mobile wallet by VeChain blockchain.

The wallet is capable of storing and managing VET assets. You can also do X Node transfer, wallet observation, reward claim, etc. through VeChainThor.

Claim VTHO rewards and manage special nodes of VET for various purposes. Their DApp gallery is also useful where you will find quite a few DApps hosted on VET blockchain.

Moreover, the wallet is a non-custodial wallet where you can store VET and associated tokens hosted on VeChain. This makes VET a scarce resource which is needed to be stored safely because it is the fuel of the VeChain blockchain.

Check Out VeChainThor Wallet

#5. MySafeWallet

Lastly, I want to tell you about another reliable web wallet for VET coins because many of our users are usually interested in web wallets. But if you ask me, I am not a fan of web wallets.

Anyways, SafeWallet is an open-source, client-side tool for generating VET wallets where the private keys or seed are encrypted in your browser itself.

It is a non-custodial wallet where you get the seed that you need to store securely. Losing this seed would mean losing everything.

Another good thing is, if you want to still use Ledger Nano X or Ledger Nano S with MySafeWallet, it is possible. This feature provides you the best of both the worlds, the security of hardware wallet and ease of software interface which MySafeWallet provides.

Check Out MySafeWallet

#6. VeChainThor Desktop

VeChain Thor’s desktop wallet is known as VeChain Sync, which supported by Windows, Macintosh, and Linux, making it one of the best wallets based on cross-platform compatibility and reliability.  

Apart from offering all the wallet functionalities, Sync provides a superior experience for DApps on VeChain Thor blockchain.

Click on this link to know about the installation process and setting-up your wallet.

#7. Trezor Model T

Trezor Model T is the next-generation hardware wallet for bitcoin and altcoin storage and is a direct competitor of Ledger Nano X. The Model T is most suitable for professional crypto investors because of its advanced features and support of more than 1000 coins.

With its inbuilt touch screen and well-placed buttons, you can easily set-up your device and manually verify the transactions.

Apart from a reliable security mechanism in the wallet to keep your funds secure, you can quickly backup your entire wallet using 12-word recovery seed. In the event of loss or damage to the device, you can easily restore your wallet in a new Trezor device or software wallets like Electrum or Mycelium.

Despite the higher cost ( EUR 149), Model T justifies its worth due to its superior technical specification and a large range of coin support.

VeChain Which Wallet To Use: How To Create/Get VeChain Wallet?

I don’t keep any of my tokens or coins on exchanges and you too shouldn’t. There is a lot of risks that you carry on doing so, which is merely worth not taking.

These crypto-assets can shoot up to astronomical prices when the market recognizes their token economics, and you should not miss that chance when it comes.

Especially when you have a blockchain like VeChain that is fully functional and is being used by many industry players.

That’s the reason at TheMoneyMongers we only list non-custodial wallets like Ledger Nano X or Ledger Nano S, which can be used to store not only VET coins but many other currencies too.

So choose wisely !!

Sudhir Khatwani

Hey there! I am Sudhir Khatwani, an IT bank professional turned into a cryptocurrency and blockchain proponent from Pune, India. Cryptocurrencies and blockchain will change human life in inconceivable ways and I am here to empower people to understand this new ecosystem so that they can use it for their benefit. You will find me reading about cryptonomics and eating if I am not doing anything else.

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