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Arctic Wallet, a non-custodial crypto wallet, launched in 2022. Arctic Wallet’s team aims to ensure a secure, private, and user-friendly platform for both novice and experienced cryptocurrency users.The wallet supports a wide range of cryptocurrencies through its mobile and desktop applications. Users can conveniently access their crypto on the go through Android and iOS applications. Additionally, Arctic Wallet offers a desktop version for Windows, Linux, and MacOS.
Pros
Emphasis on privacy
One of the standout features of Arctic Wallet is its emphasis on privacy. It utilizes zero-knowledge encryption to safeguard user data, ensuring that no personal information or IP addresses are collected during transactions. This focus on privacy makes Arctic Wallet an excellent choice for users who value confidentiality.
User-friendliness
Arctic Wallet boasts an intuitive and straightforward user interface that facilitates easy management of crypto portfolios, as well as the buying and selling of cryptocurrencies using bank cards. This ease of use makes Arctic Wallet an attractive option for newcomers to the crypto world.
Self-custody
Arctic Wallet is a good option for users seeking a non-custodial multi-currency wallet that guarantees the safety and confidentiality of their cryptocurrency. Arctic does not store any of your assets but instead gives you a versatile and convenient tool to watch multiple blockchains and manage your wallet addresses.
Cons
Not yet popular
Arctic has over 10,000 downloads in the Google Play store and over 8,000 X (Twitter) followers. However, there are very few reviews on Trustpilot and Apple App Store, meaning that the app has very limited popularity with the users of these platforms.
Currency support limits
Arctic Wallet has a decent selection of popular cryptocurrencies, totaling over 200 assets. It should be noted that options such as swaps and fiat purchases are not available for all of them.
| Category | Rating |
|---|---|
| Privacy | 85/100 |
| User-Friendliness | 100/100 |
| Popularity | 50/100 |
| Supported Coins | 80/100 |
Is Arctic Wallet safe?
Arctic Wallet is safe to use as it provides safe storage for crypto assets and is non-custodial. Arctic does not collect or leak user data, uses industrial-grade encryption, and works in a secure environment.
Is Arctic a cold wallet?
Arctic is a hot (online) software multi-currency crypto wallet. It does not support external hardware wallets.
What platforms can use Arctic?
The wallet comes as a smartphone and desktop application. Users can conveniently access their crypto on the go through Android and iOS applications. Additionally, Arctic Wallet offers a desktop version for Windows, Linux, and MacOS.