Exchanges & Wallets

Following are what we believe to be the most secure resources for buying, trading, swapping, and storing your crypto safely.

There are Two Types of Crypto Exchanges....

Centralized Exchanges (CEXs)

CEXs are necessary to get in and out of fiat money. If you want to transfer money to buy crypto you need to go through a CEX. If you want to sell your crypto and transfer the cash to your bank account, you need a CEX.

It's okay to buy crypto on a CEX but you should always transfer it off the exchange instead of leaving it there.

Link to Kraken crypto exchange

Kraken

Our preferred CEX is Kraken. The owners and management are anarcho-capitalists and cypherpunks. They’re philosophically aligned with the ideals of crypto therefore we believe they can be trusted.

Decentralized Exchanges (DEXs)

DEXs enable you to maintain custody of your crypto, don't require any personal information, and give you access to thousands of cryptocurrencies.

DEXs provide a permissionless way to swap your crypto.  Youxia's preferred DEX is THORChain.

Link to THORSwap crypto exchange

THORSwap

THORSwap is the preeminent website to integrate THORChain and gives you the ability to swap bitcoin for thousands of different cryptocurrencies, without using bridges or wrapped tokens. It has no KYC and you maintain self custody of your crypto.

There are Two Types of Crypto Wallets...

Cold Storage Wallets

Not connected to the internet

You’re most vulnerable to hackers when your wallet is connected to the internet. Therefore, cold wallets are the safest to use because you only connect them to the internet when you need to make a transaction. The rest of the time they’re offline.

The cold wallet market is dominated by two players, Ledger and Trezor.

Never buy a crypto wallet from Amazon or any other third party reselling website. Always buy directly from the website of the wallet you want. This ensures the device you receive is not compromised. The links below for Ledger and Trezor will take you directly to their websites so you can buy directly from them.

Link to Ledger cold storage crypto wallet

Ledger

Ledger is the most popular cold storage wallet. It boasts the most features and supports the most coins. You can swap crypto on a Ledger device through THORChain using Ledger Live.

Link to Trezor cold storage crypto wallet

Trezor

Trezor is the second most popular cold storage wallet. It doesn’t support as many coins as Ledger, but it’s more than enough for the average user.

Hot Storage Wallets

Connected to the internet

Why use a wallet that's always connected to the internet if it isn't as safe as cold storage? Convenience.

Maybe you want to actively swap, send, or receive crypto. Doing so with a cold wallet can be cumbersome and become annoying. Also, using a hot wallet is still better than leaving crypto on a CEX.

Link to Trust Wallet crypto wallet

Trust Wallet

Trust Wallet is backed by Binance, the largest crypto exchange in the world. This wallet can be downloaded on your iOS or android phone. Trust Wallet is integrated with DEXs like THORChain which means you can swap crypto from within the wallet.

Link to CTRL Wallet with THORChain Integrated

CTRL Wallet

CTRL is the first multi chain web browser wallet and works best with Chrome. It gets added as an extension (the puzzle piece in the top right of your browser). THORChain is integrated in CTRL Wallet, making it possible for you to swap crypto from within the wallet.