Our weekly crypto derivatives analytics report delves into macro events; the current state of crypto and trading signals from spot trading volume; and futures, options and perpetual contracts.

After initially resisting US president Trump’s “Liberation Day” tariffs, crypto markets joined the global sell-off, with BTC falling from $87K on April 2 to a low of $74K. BTC’s term structure was inverted again before easing, while ETH’s term structure remained inverted. Meanwhile, short-term BTC volatility skews favored OTM puts, reflecting more bearish sentiment than during the Q1 2023 US banking crisis. However, volatility levels decreased after Trump announced a 90-day pause on tariffs (excluding those on China), leading to a significant rally in spot prices.

Please check out the report’s highlights.

BTC open interest declined substantially this week

Bybit’s largest perpetual swap markets initially remained stable during the broader market sell-off and tariff reactions, recovering from the dip after the 

. However, Trump’s recent announcement and subsequent pause of near-unilateral import tariffs significantly impacted these markets, leading to notable declines in open interest for BTC and ETH, which have fallen sharply from their late March highs.

After a brief period of positive funding rates, BTC’s perpetual swap market fluctuated between positive and negative sentiment, indicating traders were hesitant to commit to a strong directional move (similar to trends in options markets). This changed when President Trump announced a 90-day tariff relief, leading to positive jumps in funding rates. Altcoins displayed a similar pattern, with funding rates alternately positive and negative before rising following the tariff announcement.

During the April 6–7, 2025 sell-off, traders sought downside protection, as BTC's spot price fell to $75K in reaction to President Trump’s tariff announcement. The high volume of put options relative to calls indicates strong demand for this protection. Meanwhile, the US's reciprocal tariffs caused a significant inversion in BTC’s at-the-money volatility term structure, which, although it has eased, remains inverted. Additionally, there‘s a stronger skew toward OTM puts at short tenors as compared to the March 2023 US banking crisis. Put open interest has surged over the past week, reflecting extremely bearish sentiment for both the near and long terms.

Advanced

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Bybit X Block Scholes crypto derivatives analytics report (Apr 9, 2025): Tariffs bring substantial volatility at a level similar to that of the Q1 2023 US banking crisis

In this tutorial, we’ll explore how you can stake and mint Lombard LBTCv on Bybit Web3 Staking with the Bybit Web3 Seed Phrase Wallet. 

In this tutorial, we’ll explore how you can stake BTC to mint 

Please note that in order to get started, you’ll first need to download the Bybit App on the Apple App Store or Google Play Store. 

How to stake and mint LBTCv with Bybit Web3 Staking

: Launch the Bybit App on your mobile device and tap on the 

: Deposit BTC into your preferred Bybit Web3 Seed Phrase Wallet BTC address.

: Once you’ve deposited BTC into your wallet address, tap on the 

drop-down and select the BTC address into which you’ve deposited BTC. 

: Input the exact amount of BTC you’d like to stake, and tap on 

 and sign the message to allow this exact amount of BTC to be staked.

 page. Ensure that the amount of BTC is exactly the same as you wish to stake, and tap on 

: Tap on the icon located at the upper-right corner of the screen to check your transaction history.

: You’ll receive LBTCv in three progressive stages:

: Once you’ve received LBTCv, you can check your points (updated every hour).

If you wish to stake more BTC, simply repeat Steps 7 through 12. However, please

that you won’t be able to stake more BTC as long as you haven’t yet received your LBTCv.

To redeem your LBTC, simply scroll down the 

button. Then, wait three days for the successful redemption of LBTC.

If you wish to cancel your redemption, you can do so within these three days.

Beginner

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How to stake and mint Lombard LBTCv with Bybit Web3 Staking

A Chainlink Spot ETF would bridge TradFi and crypto, offering a simplified way to gain exposure to LINK without the complexities of digital wallets or exchanges.

There's been a recent surge in spot ETF applications as investors look for ways to sidestep the rigid frameworks of traditional finance. The success of 

 — drawing billions in inflows — signals a major shift in the way institutions approach crypto investments. 

 networks, is in line for its own Spot ETF. The proposed fund promises a direct, hassle-free way to invest in Chainlink (LINK), eliminating the need to deal with complex 

 and exchanges. This article explores what a Chainlink Spot ETF is, how it would work, its current market impact and what its potential approval could mean for investors and the broader crypto landscape.

A Chainlink Spot ETF is an exchange-traded fund, backed by Chainlink (LINK) tokens, that would directly track the market price of LINK, a cryptocurrency powering decentralized oracle networks, thus enabling investors to gain exposure without directly holding the asset itself.

 (ETF) would offer investors direct exposure to LINK’s price movements without requiring the investors to handle the digital asset directly. 

Authorized Participants (APs), typically large financial institutions or market makers approved by the ETF issuer, play a central role in maintaining liquidity and aligning the ETF’s market price with its net asset value (NAV). These entities facilitate the creation and redemption of ETF shares by acquiring LINK tokens from exchanges or over-the-counter markets, and transferring them to the ETF’s custodian, a regulated entity responsible for secure storage. 

In exchange, the ETF issuer provides APs with newly created shares, which represent fractional ownership of the underlying assets. The shares are then introduced to secondary markets for investors to trade.

Creation, redemption and listing of shares

When redeeming shares, APs collect ETF shares from the market and return them to the issuer, receiving LINK tokens from the custodian in return. These tokens can be sold on the open market or held, depending upon the AP’s strategy. This creation-redemption process enables an 

 mechanism that stabilizes the ETF’s price, relative to its underlying assets. 

If the ETF is trading at a premium to NAV, APs create and sell shares to capitalize on the price difference, pushing the market price downward. Conversely, if the ETF is trading at a discount, APs redeem shares, reducing supply and driving the price upward. This dynamic ensures that the ETF’s market price remains closely tied to LINK’s actual value. 

Shares are listed on exchanges and traded like traditional stocks, integrating seamlessly into existing portfolios while offering potential tax efficiencies. The structure combines the accessibility of conventional investments with the benefits of cryptocurrency exposure, appealing to those seeking indirect participation in LINK’s market movements through a regulated and familiar framework. For investors, the ETF will simplify exposure to Chainlink by eliminating the need to manage 

 or wallets, or navigate complex crypto exchanges. 

The Hashdex Nasdaq Crypto Index US ETF, which includes Chainlink (LINK), has gained attention as a significant development in the crypto ETF space. This ETF, 

 in February 2025 and currently provides exposure to Bitcoin and Ethereum. 

 with the SEC on Mar 14, 2025 to expand the ETF's scope to include additional cryptocurrencies like LINK, ADA and SOL. This application remains the sole filing for a Spot Link ETF (as of Mar 20, 2025). While the SEC has approved the fund's initial structure, its response to the inclusion of Chainlink and other assets remains pending.

The SEC has historically been cautious about approving spot cryptocurrency ETFs, due to concerns about market manipulation and investor protection. However, the approval of multi-asset ETFs such as NCIQ signals a potential shift in regulatory attitudes. Market sentiment has been cautiously optimistic, with investors viewing these developments as a step toward broader acceptance and integration of cryptocurrencies into traditional financial systems. The timeline for the approval of Chainlink Spot ETFs remains uncertain, but growing institutional interest and regulatory advancements suggest progress in the near future.

Current impact of Chainlink Spot ETF applications on the crypto market

The anticipation surrounding Chainlink Spot ETF applications is clearly influencing market sentiment. Although Chainlink's price hasn’t yet surged dramatically, increased investor interest and speculation about potential ETF approvals have boosted overall optimism. 

Data from LINK and CoinGlass reveals that 

 have fallen to 138.8 million coins, the lowest since September 2024, indicating that investors are holding onto their tokens in self-custody wallets instead of selling. This trend reflects a growing belief that SEC approval for a Spot LINK ETF could substantially boost the token’s price. In addition, Chainlink’s role as one of the largest oracle networks and its innovative cross-chain interoperability protocol for asset tokenization further reinforce this positive outlook.

What will it mean if a Chainlink Spot ETF application is approved?

The approval of a Chainlink Spot ETF would have some significant implications for both the cryptocurrency market and traditional financial sectors, as follows.

If you’re looking to capture the market and trade LINK tokens, Bybit offers the 

A Chainlink Spot ETF would connect cryptocurrency with traditional finance by allowing investors to track LINK’s price without the complications of managing digital wallets. Specifically, it would keep the ETF's price in line with LINK’s market value, increase liquidity and attract institutional investors. Approval of a Chainlink Spot ETF could drive LINK's price higher, similar to trends seen with Bitcoin ETFs, and confirm Chainlink’s importance in the crypto ecosystem, encouraging its use across various industries. 

However, investors need to be cautious of potential short-term price swings and changes in regulations. Overall, this ETF would make crypto investing simpler for a broader audience, strengthening Chainlink’s position and supporting wider acceptance of blockchain technology in the financial world.

Intermediate

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Chainlink Spot ETF: A gateway to decentralized oracle investment

Huma Finance 2.0, a composable platform built on Solana, introduces real-world yield derived from global payment financing.

The S&P 500 fell 3.5% as renewed U.S.-China trade tensions erased gains from Trump’s tariff pause. Investors now await consumer sentiment data and bank earnings. Gold jumped 2.6% to a record $3,171 amid U.S.-China trade tensions, weaker dollar, and rising Fed rate cut bets. The Coindesk Indices, which tracks the broader crypto market, are down by 1.50%, with Bitcoin and Ether down 3.29% and 8.79% respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is ZRC, up 34.3%, followed by Zircuit's partnership with Diffuse Protocol to enhance the DeFi ecosystem with real-time data and secure cross-chain interoperability.

Zircuit (ZRC), founded in 2021, is a hybrid Layer 2 blockchain combining optimistic and ZK rollups, offering fast transactions, low costs, and strong security through AI-driven monitoring. EVM-compatible and designed for DeFi, it supports staking and asset transfers via its Liquidity Hub and secure native bridge. Zircuit has 

 with Diffuse Protocol to enhance its platform. Diffuse provides real-time verifiable data feeds, trustless cross-chain data streams, and restaking of assets with collateral abstraction, further strengthening Zircuit's AI-powered hybrid zkEVM and boosting its DeFi ecosystem.

Check out the latest prices, charts, and data of 

, a composable platform built on Solana, introduces real-world yield derived from global payment financing. The platform offers two options: Classic Mode for stable USDC yield and Maxi Mode for increased rewards through Huma Feathers. Through the $PST token, users can engage with DeFi protocols, swap tokens, and use them as collateral. Huma Finance has already processed over $3.8 billion in transactions, providing reliable yields sourced from payment-financing fees instead of market speculation. Huma 2.0 aims to bring a new liquidity model to DeFi, offering a more stable alternative to traditional financial cycles.

Yesterday, Bitcoin spot ETFs saw $149.5M in net outflows, with $44.6M from GBTC and $104.9M from other ETFs.

 has raised an additional $10M in its Series B round, bringing total funding to $35.5M with backing from a16z and other top investors. Users can boost their airdrop points by joining Towns, especially higher-priced ones, and by engaging through daily actions like tipping, inviting friends, and participating in different communities.

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Huma Finance 2.0 launches on Solana, introducing real-world yield and composable DeFi integration

Bybit Learn

web3

Crypto

Undecided on what wallet you should get for crypto storage? Here are the best WalletConnect compatible wallets to get with extra security for transactions.

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 (DApps). People who want to add extra layers of security to their transactions can benefit from using WalletConnect-compatible wallets for crypto storage. This guide will touch on WalletConnect, DApps, crypto wallets and some of the best WalletConnect-compatible wallets for 2024.

WalletConnect is an open-source protocol, founded in 2018, which uses deep links or QR codes to connect wallets and decentralized applications that are compatible with it.

Although WalletConnect is often mislabeled as an application, it isn’t one — contrary to popular belief. Rather, it’s a protocol which uses a shared key between peers to create an encrypted connection for devices, 

As of mid-2024, the protocol is compatible with over 500 crypto wallets, and even more applications. Some of the most common WalletConnect-compatible wallets include 

One key purpose for using the protocol with WalletConnect-compatible wallets is creating a more reliable connection. The protocol helps solve past accessibility issues, which often required people to install multiple browser extensions, or create new crypto wallets and transfer funds to access certain DApps. 

 — decentralized applications — exist on a 

. These digital applications aren’t controlled by any single authority, and may be developed for social media, finance, gaming or other purposes. 

 blockchain. Some of the reasons why developers create DApps include fewer censorship risks, enhanced user privacy and development flexibility. However, DApps also present scalability issues, and modifying code can present challenges.

 is an application that people use to access and store crypto assets they own. Similar to a tangible wallet that holds cards and cash, a crypto wallet is a digital variant that keeps passkeys for different assets. These passkeys are necessary for making transactions. In the past, crypto transactions required manually entering long keys. However, today crypto wallet applications handle the complexities of crypto transactions.

Crypto wallets also have public keys, which are addresses that people can see to ensure that they’re making a transaction with the correct party. However, only the holders of crypto wallets can see their own private keys for transactions.

WalletConnect has recently expanded its product suite to further enhance user experiences with 

, a concept that emphasizes user control, choice and composability. This expansion includes the introduction of 

, two innovative frameworks designed to streamline and secure interactions between wallets and applications.

AppKit offers a comprehensive set of tools for application developers, facilitating easier integration and better user interfaces. This SDK 

, such as React, Vue and Svelte, and allows for the creation of customized user interfaces with options for light and dark modes. Key features include EIP-6963 compliance, email wallet connections, fiat-to-crypto transactions via Onramp and a multi-chain setup that’s compatible with hundreds of wallets like MetaMask and Coinbase. Additionally, AppKit provides a transaction history view that enhances user transparency and trust.

WalletKit is designed to empower wallet developers with features that prioritize security and seamless connectivity. It includes a Sign API that enables DApps to request users to sign transactions or messages directly, 

 that simplifies the verification of wallet address ownership. WalletKit’s chain-agnostic design ensures that developers can support multiple blockchains efficiently, which is vital for creating flexible and resilient applications.

Together, these products not only enhance the functionality of WalletConnect but also align with the platform’s mission to be the UX platform for the new internet, ushering in an era where digital ownership and decentralized technologies are accessible, secure and user-friendly.

WalletConnect makes it possible to enhance security for transactions without revealing the personal information of any parties involved. In comparison with browser extensions, this protocol is much more private, and is also a lot safer. 

Best WalletConnect-Compatible Wallets for Crypto Storage

WalletConnect offers a versatile and seamless integration platform for developers, enabling connections to over 6,000 applications across 150 blockchain networks. This tool is designed to enhance user experience significantly by incorporating advanced features related to authentication, security and beyond. With compatibility across multiple programming languages — including JavaScript, React Native, Swift, Kotlin, Flutter and C# — WalletConnect provides a robust framework for developers who want to innovate and optimize their blockchain applications efficiently. 

Although most crypto wallet apps are free to download and use, there are other fees that are included when making transactions. Crypto wallet users may have to pay service fees, platform fees, and blockchain 

Wallet creators don’t receive these gas fees, and have no control over their fluctuation. However, wallets typically allow users to set a variable or tiered transaction fee, which usually corresponds with the speed needed for a transaction. For example, setting a higher fee means that there will be a faster processing speed. On the contrary, people may set lower fees for non-urgent transactions. Of course, processing fees may also depend on the different third-party processors for wallet providers who use third parties. 

If you’re looking to create a new wallet, the following are the best WalletConnect-compatible wallets you can use.

Bybit Web3 Wallet is an exceptional choice for users seeking a wallet that’s versatile, comprehensive and WalletConnect-compatible. Ideal for those who desire robust features and extensive cryptocurrency management, Bybit Web3 Wallet caters to a wide range of crypto enthusiasts, and supports over 1 million cryptocurrencies.

Bybit Web3 Wallet is compatible with more than 30 blockchains, offering unparalleled flexibility and reach. It provides storage for 

 from Ethereum and other compatible blockchains, ensuring users can manage their digital collectibles with ease. The wallet's intuitive design and extensive support for various cryptocurrencies make it a user-friendly option for both novices and experienced traders.

Beyond basic storage and transactions, Bybit Web3 Wallet is packed with additional features. Users can 

 to earn crypto rewards, trade cryptocurrencies directly within the wallet and benefit from seamless integration with Bybit’s ecosystem. It supports multiple types of wallets, including Bybit Cloud Wallet, seed phrase wallets, keyless wallets and third-party wallets such as MetaMask.

Available for both desktop PCs and mobile devices, Bybit Web3 Wallet ensures users can access their assets anytime, anywhere. The app is designed to be secure and convenient, catering to the needs of a dynamic and fast-paced crypto environment, making it one of the best WalletConnect-compatible wallets on the market.

 is one of the best WalletConnect-compatible wallets for busy people who want one that does everything and manages a wide range of cryptocurrencies.

This crypto wallet supports over 1 million cryptocurrencies and is compatible with at least 50 blockchains. Also, the wallet can store NFTs from the Ethereum blockchains. The app has a user-friendly design and supports a wide range of cryptocurrencies. While many wallets exist only for crypto storage and transactions, Trust Wallet has other useful features that users like, such as staking, which allows users to earn crypto rewards. Users can buy and sell crypto within the crypto wallet.

According to Trust Wallet's website, the app is free to use for Apple or Android mobile devices. However, there are two potential drawbacks. First, the crypto wallet uses 

. This means that it stores everything online. As you might guess, offline or cold storage is more secure, as it’s less vulnerable to cyberattacks. And second, the wallet doesn’t have a browser extension or a 

 isn’t the best WalletConnect-compatible crypto wallet for beginners, but it is excellent for users who prefer maximum anonymity and only use Ethereum-based crypto.

MetaMask's hot wallet supports more than 450,000 cryptocurrencies on the Ethereum, Avalanche and Polygon chains. In addition to receiving or making crypto payments, users can buy and store 

 or NFTs and exchange cryptocurrencies. Users don’t have to include any personal information that makes them identifiable, and they can set up multiple addresses across blockchains for extra anonymity with their WalletConnect-compatible wallets.

This crypto wallet is free to use for crypto storage. According to its website, the

 the platform charges is 0.875%, which is automatically factored into every quote. This crypto wallet comes with some potential drawbacks, one of which is that there’s no option to reset a password. Additionally, only tokens based on the Ethereum chain are supported, which rules out storing your BItcoin on it.

 offers versatile features for both new and seasoned users, and it’s good for people who prefer cold storage.

According to the Ledger Live website, users can receive and send more than 5,500 cryptocurrencies through the app. Also, they can manage even more cryptocurrencies from external wallets. 

Ledger Live is the proprietary software that’s used for Ledger hardware cold wallets. There are three Ledger hardware options: Stax, Nano X and Nano S Plus. Users can compare the different features of these crypto wallet devices to select one for their needs.

These WalletConnect-compatible wallets feature high-level security with their chip cards. The devices are also less expensive than some other hardware wallets. In addition, it’s great that the keys are never accessible via the web.

While the app is free to use, there are a few potential drawbacks. The Nano wallets aren’t as mobile-friendly as some competing products. These external wallets range in price from about $79 to $179.

 is a hot-storage crypto wallet that’s great for users who have Ethereum-based assets and want a quick, one-stop place to manage them.

This crypto wallet is available for Android and Apple devices. Users can quickly send assets to 

 names instead of addresses; see transaction history; import seed phrases from other wallets; and manage DeFi tasks within the app. Another advantage to this crypto wallet is that users can 

 on iCloud for recovery — so that they don’t have to worry about losing access to the account.

Rainbow doesn’t charge users to store, send or gift assets with their WalletConnect-compatible wallets. For people who have digital assets that exist outside of the Ethereum blockchain, the main disadvantage is that Rainbow is for Ethereum assets only.

 is one of the better WalletConnect-compatible wallets for businesses, individuals and experienced users who prefer cold storage.

This crypto wallet uses open-source software and is available to Apple or Android users. Because the wallet uses cold storage for Ethereum coins, users have full control over their assets and can store information on their computers or external devices. The wallet's design makes swapping digital assets simple, without the need to use external exchanges or platforms.

This free-to-use crypto wallet lets users interact with DApps and smart contracts and manage NFTs. One disadvantage, however, is that it only supports Ethereum coins and assets from Ethereum-compatible chains — for example, Binance Smart Chain, Polygon and Ethereum Classic assets.

, a top crypto wallet for Ethereum and Bitcoin users who want affordable cold storage, features

 three main crypto hardware devices: the S1, S1 Pro and X1. These hardware wallets are sold online and priced around $49.99 to $89.99 as of July 2024. 

The SafePal app, which is available for Apple and Android, integrates with them and other DApps through WalletConnect. Users can store, trade and manage a wide range of compatible crypto assets. There’s a self-destruct feature that prevents malware attacks. This simple-to-use wallet is also great for beginners seeking WalletConnect-compatible wallets, as it doesn’t charge 

 is a feature-packed choice that’s great for beginners and users who have ERC-20 tokens or Ethereum assets.

This crypto hot wallet allows users to securely store their digital assets with multiple layers of security, and they can store private keys safely in it as well. The app is available for Apple and Android devices. By using platform services, users can also earn interest. Additionally, they can buy cryptocurrencies within the app using a credit card. Argent Wallet is free to use. One of the features people like most is that 

 lets users choose which currencies they want to use to pay gas fees.

Argent wallet doesn’t support non-Ethereum assets, and fees for credit card purchases can be high. There’s also no web-based interface, which some may consider a detriment. However, this shortcoming also helps reduce vulnerabilities.

 is one of the preferable WalletConnect-compatible wallets for users who want multi-chain storage with a high level of security.

This crypto wallet app is flexible and decentralized, supporting more than 100 digital assets including Bitcoin, Ethereum, Filecoin, Polkadot and Cosmos. It’s available for Apple and Android devices.

One major advantage for users is the ability to stake crypto within the app. There are mnemonic phrases, private keys, two-factor authentication (2FA) and other forms of security. Another advantage is that people can use Math Wallet for hot storage, or integrate with Ledger for cold storage.

Although there are typical transaction fees, it’s free to store digital assets and to use the crypto wallet. There are two potential drawbacks: Some users report multiple glitches, and customer support doesn’t seem to be helpful in fixing them. Also, some features may be slow to load.

 is one of the best WalletConnect-compatible wallets for both versatile storage of digital assets on multiple blockchains and quick network-changing abilities.

This crypto wallet allows Android and Apple users full control of their assets via a mobile app. According to the website, users can stake tokens to earn daily rewards. The crypto wallet provides hot storage that supports thousands of digital assets. Users can store tokens including ATOM, XTZ, DOT, CKB, BCH, FIL, TRX, KSM, LTC, EOS, ETH and BTC. 

Switching between networks is as simple as selecting options from a menu. There’s also offline signature security with cold storage in a 

 for $109. The imToken wallet is known for having 

 as low as 0.1% or $3 in some cases. Although users must pay gas for transactions, imToken added an inbuilt exchange on its platform to allow users to swap stablecoins and cryptos for free.

One potential disadvantage is that there’s currently no web or desktop version. The wallet doesn’t have as many secondary security measures as some other wallets. Also, some users complain that communications and/or parts of the site are difficult to understand because they’re poorly translated.

 is a good choice for new investors, or for people who want a simple-to-use wallet for storing a wide range of cryptocurrencies.

Unstoppable is one of the newer WalletConnect-compatible wallets available. Users can store Litecoin, Bitcoin, Ethereum, Zcash, Dash and many other ERC-20 tokens. This noncustodial wallet lets users add a layer of security by using touch ID or facial recognition to lock and unlock. Also, the crypto wallet supports migration with other popular wallets. There are real-time estimations for transaction fees with Ethereum and Bitcoin.

The crypto wallet itself is free to use, and allows free storage. Fees are flexible, and the

 is available for Android and Apple users. Its potential drawbacks are that it has neither a multi-signature feature nor two-factor authentication.

12. Safe (Previously Known as Gnosis Safe)

 (previously known as Gnosis Safe) is a good wallet for users with Ethereum assets only, and it’s ideal for people who want multi-signature security.

This crypto wallet has a simple design and lets users borrow, earn and invest crypto assets. Although many users who choose it prefer the desktop version, there’s a mobile app on the Google and Apple app stores. Safe supports ERC-20 tokens, 

 and ERC-721 collectibles. Users like this wallet's multiple layers of authentication and its multi-signature feature. According to the website, its platform also shows users fiat-equivalent values for their assets.

Safe allows users flexibility to connect with offline storage and use hot storage from the platform. However, there is a wallet deployment fee to use it. Currently, the fee is 0.005 ETH. Users can access a free demo before committing to the purchase. Another potential disadvantage with the Safe wallet is that it only supports Ethereum-based assets.

 (previously known as Steakwallet) is a top choice for staking AKT, CELO, ATOM and a wide range of other tokens.

OMNI currently supports most major Layer 1 blockchains and a significant number of Layer 2 blockchains. As such, it supports thousands of digital assets across chains such as Ethereum, Arbitrum, Solana, and Polygon. 

Users like the app's aesthetic design, simple staking features and importing options. The wallet allows easy importing from Phantom, MetaMask and more. Also, people can use one secret phrase across multiple chains, enjoy a noncustodial structure and even purchase crypto with a debit card.

OMNI is free to use for storing crypto. Users can download it from the Apple or Google stores. A potential disadvantage of the app is that some users report glitches, crashes and/or installation issues.

 is a good wallet for users who have a wide range of crypto assets and want the ability to swap or earn as well.

BitPay offers multi-signature security and optional key encryption for its noncustodial wallet. Users appreciate being able to easily manage assets across several platforms in one place. BitPay offers multi-factor security and allows splitting payment authorization across up to 12 devices. The app is available in the Google and Apple stores, and users have the option to turn their crypto assets into gift cards for popular stores or send them to a BitPay debit card.

One disadvantage is that network fees tend to be high for buying crypto assets. Also, the ID verification process eliminates full anonymity. However, the wallet is free to use, and it automatically converts cross-currency payments without fees.

 is a good wallet for people who prefer a self-custodial structure, instead of a noncustodial one, for Ethereum assets.

This wallet offers offline storage solutions, which makes it more secure than a typical hot wallet. Since it utilizes 

, users have advanced security. The open-source wallet is free to use. In addition to its desktop version, there is an app for both Android and Apple users. AlphaWallet supports all the popular Ethereum-based crypto tokens and NFTs. Users also like that they can tokenize business assets.

One potential disadvantage is that AlphaWallet isn’t a strong choice when it comes to exchanging tokens. Also, it only supports Ethereum assets. In addition, the network may be backed up or overloaded sometimes.

Yes, WalletConnect is safe to use. As it’s a protocol instead of an app, it’s more secure by nature. The protocol creates a connection between DApps and WalletConnect-compatible wallets with user approval only, and requires additional approval for transactions. 

Additionally, the protocol never reveals private keys to DApps. These factors make it a great choice for anyone who’s considering using it with WalletConnect-compatible wallets.

Using wallets that are compatible with the WalletConnect protocol provides a more secure way to interact with DApps and make transactions. For enhanced satisfaction, users should make sure they understand common fees that exist with every crypto transaction. Also, users concerned about losing access to crypto storage wallets that don’t offer recovery assistance outside of seed phrases should seek WalletConnect-compatible wallets with features that reduce this risk.

15 Best WalletConnect-Compatible Wallets for Crypto Storage

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