Choosing the best e-wallet in 2021 (e-wallet) is both simple and difficult. On the one hand, there are enough various offers on the Internet, so you will have more than enough options. On the other hand, there are significantly fewer services that are really worthy of attention in terms of the sum of all characteristics.

There are not so many options for solving the problem of choice. You can find your wallet by brute-force, but this is fraught with a lot of time and money. And such a test drive will not affect business in the best way. Another way is to discuss your wishes and requirements on specialized forums. But practice shows that the level of qualifications of the majority of “experts” is extremely unsatisfactory.

Based on this, we decided to prepare for you a large overview material based on the data that was relevant at the time of this writing. We hope this article will help you choose the right e-wallets, avoiding common mistakes and financial losses.

We draw your attention to the fact that it is rather difficult to use all the functionality of the e-wallet in the Russian Federation. This is the “fault” of the undefined legal status of cryptocurrencies and, accordingly, any commercial transactions with them. But one of the most important tasks of a digital wallet is to provide the owner with an effective tool for working with electronic assets.

Therefore, to clients for whom this type of business is the main one for you, we can offer two options for solving the problem. The first is immigration to a jurisdiction where the cryptocurrency “climate” is much milder (you can read about this, for example, here). The second is to conduct operations through a special fund managed by a company somewhere in Madeira. The scheme is somewhat complicated, but it ensures guaranteed legal purity of all transactions and the absence of any claims from Russian legislation. You can discuss all the details at an individual consultation.

Understanding the basics

It is quite difficult to give an exact definition of e-wallet. In fact, this is an analogue of a traditional bank account and bank cards connected to it (one or more). The difference between them is that a regular account allows you to manage real money, and an electronic one – virtual, digital assets. Including the cryptocurrencies that you own.

It is still difficult to pay for purchases with electronic money in Russia. This is the “fault” of the not fully understood legal status of the e-wallet in particular, and of digital money itself in general. But their importance in our life is becoming more and more noticeable every year, so there is a hope that legislators will nevertheless bring to mind the notorious Law on Digital Financial Assets. The latter, in its current form, characterizes the attitude of the authorities to the CFA with the capacious phrase “I want to, and inject, and my mother does not order.”