A Cardano wallet is a tool enabling you to interact with the Cardano blockchain.
That way, you can send, receive, store, and stake Cardano native cryptocurrency $ADA, but also manage the Cardano tokens - native assets (such as BVT) and Cardano NFTs (non-fungible tokens), connect to Cardano DApps (like DEXs and CNFT Marketplaces), and all other kinds of transactions on the blockchain.
With so many security threats in the cryptocurrency world, it’s essential to use a safe Cardano wallet. Leaving your ADA (?) on exchanges is not wise as it puts them in danger of being stolen or hacked. You can also miss the opportunity to get ADA rewards through staking it.
Remember, only a wallet that you have private keys to (a password that provides access to your cryptocurrency) is considered to be safe to store your personal funds. It is highly NOT recommended to store cryptocurrency on exchanges, as this increases the risk of funds loss.
Not your keys, not your coins - they say.
The original Cardano wallet is called Daedalous. Daedalus is a full node, desktop wallet. Daedalus downloads a full copy of the Cardano blockchain and independently validates every transaction in its history. This provides maximum security and completely trustless operation, without centrally-hosted third party servers.
However, Daedalous is very slow (but most secure) due to the fact that it downloads a full copy of the Blockchain and, depending on your connection it may even take a few hours to be downloaded.
Aftfer Daedalous many other lite wallets have come to life as you can see on this page.
Which wallet should i use?
Any wallet on the page listed above is good, they are all decentralized and you own your private keys so, they are quite secure.
We use at most ETERNLfor the ease of use. ETERNL let you do all the simple and complex operations easily. You can stake your ada, your NFT and your native tokens (Such as BullVertigo Tokens). It let you send even more than one token type to other wallets and can be used to buy and sell your token on DEXes and CEXes.