The 6 best bitcoin wallets
To be frank, the best Bitcoin wallet is the one that is the safest. Out of all the types to be considered, cryptocurrency experts and the surrounding community seems to consider hardware and software wallets as the very best ones because of their high security. You may be wondering why software and hardware wallets are the most popular, and this is because of the fact that they are completely mobile.
Mobile wallets are far more convenient as opposed to other wallets; however, hardware and software wallets are far more secure and high-end compared to other mobile options. Anyone with a good set of skills is able to quickly access your mobile wallet and reap havoc on your Bitcoins. Hardware wallets are essentially external hard drives that store your bitcoins.
They are the most secure way to store bitcoins and there is no arguing that fact. This is because they limit the exposure of your funds to potential hackers and the internet. Software wallets are installed onto your computer and encrypt your private key and account recovery phrases. That is why they are so much more secure and far safer than web or mobile wallets.
So, with all that in mind, let’s take a look at six of the best Bitcoin wallets.
Jaxx Liberty is a software wallet which already makes it a top option due to its security. It was founded by one of the co-founders of Ethereum and works hard so that their users are not tied down to one cryptocurrency software or wallet. It has a great top feature which is its Blockchain Interface. This then lets you convert your digital assets to other cryptocurrencies. It is free for all users and is compatible with PC, Mac, and Linux.
Ledger is an awesome and safe hardware wallet which offers two of the most secure Bitcoin wallets that are available on the market right now. They are engineered purely for their simplicity and maximum security. The Nano S looks very much like a Bluetooth dongle and has two small buttons for you to press.
The Ledger Blue has basically all of the same functions as the Nano S, however, it resembles an iPad as opposed to a Bluetooth dongle. This means that you don’t control it via two buttons but more so a colour touchscreen.
The Ledger Nano S is $19.99, and the Ledger Blue is $260. They are compatible with PC, Mac, and Linux.
Exodus is not only a software cryptocurrency wallet, but it is also a crypto portfolio and crypto exchange. This means that you are readily able to manage, trade, and store your currencies all from one highly intelligent platform. Exodus also provides you with an in-depth portfolio that is displayed in charts and graphs.
Then, if you are looking to store your cryptocurrency in a great safe and secure way, this great wallet will encrypt your transaction data and private keys for your eyes only. It is completely free and is compatible with Windows, Mac, and Linux.
BitBox is an awesome little plug-in hardware wallet which somewhat resembles a Bluetooth dongle. It lets you easily store, spend, and receive Litecoin, Bitcoin, and Ethereum. These guys pride themselves on the digital and physical security of this great little wallet and are so happy to provide this service.
It has a complete and hard outer case which makes it even safer to store your precious cryptocurrency. BitBox is available for purchase for $69 and is compatible with PC, Mac, and Linux.
Trezor is much like Ledger in the fact that it provides people with two hardware wallet options. The Trezor One is a very affordable and intelligent wallet and comes highly recommended for Bitcoin beginners. It has two buttons and a monochrome display which makes it simple and easy to use.
The Trezor Model T functions exactly the same as the Trezor One, however, the Trezor Model T has an incredible colour touchscreen and is quite a bit more expensive. The Trezor One is $104, and the Trezor Model T is $174. They are both compatible with PC, Mac, and Linux.
Copay is pretty cool due to the fact that it is a multisig wallet. This means that you can share your crypto funds with an entire group of people. These people can be family, friends, coworkers, and more for example.
When you want to send Bitcoin from your Copay wallet, your entire group must approve the transaction. Copay is completely free and is compatible with PC, Mac, and Linux.
For more on Bitcoin, consider joining the Bitcoin Era app. It is the Official App for the Bitcoin Era Trading System and is an exclusive community. You will be able to profitably trade cryptocurrencies in either manual or automated mode.