You know what time it is time to talk about BIP 39 wallets for storing your precious cryptocurrency. But before we dive into the top five options, let’s first discuss why you should care about this standard in the first place.

BIP 39 (or Bitcoin Improvement Proposal 39) is a protocol that allows for the creation of deterministic wallets using human-readable mnemonic phrases instead of random strings of characters. This means that your backup phrase can be easily remembered and written down, making it less likely to lose or forget your funds.

Now that we’ve got that out of the way, let’s take a look at our top five picks for BIP 39 wallets:

1) Trezor The OG of hardware wallets, Trezor has been around since 2014 and is one of the most popular options on the market. It supports over 500 cryptocurrencies and uses a secure chip to store your private keys. Plus, it’s open-source and has a large community backing it up.

2) Ledger Another well known hardware wallet brand, Ledger offers similar features as Trezor but with a slightly different design. It also supports over 500 cryptocurrencies and uses secure chips to store your private keys. Plus, their app is super user-friendly and easy to navigate.

3) KeepKey If you’re looking for something that looks more like a traditional wallet than a USB drive, then KeepKey might be the way to go. It has a sleek design and supports over 40 cryptocurrencies. Plus, it uses open-source firmware and is compatible with popular desktop wallets like Electrum and MyEtherWallet.

4) Exodus This software wallet offers an easy-to-use interface for managing your crypto assets. It’s available on both desktop and mobile devices and supports over 100 cryptocurrencies. Plus, it uses BIP 39 seed phrases to ensure that you can easily backup and restore your funds if needed.

5) MyEtherWallet If you’re specifically interested in storing Ethereum or ERC-20 tokens, then MyEtherWallet is a great option. It’s an open-source wallet that allows for the creation of custom contracts and supports over 100 cryptocurrencies. Plus, it uses BIP 39 seed phrases to ensure that you can easily backup and restore your funds if needed.

Remember, always do your own research before choosing a wallet and make sure to store your private keys securely.