The 7 Best Bitcoin Wallets That You Should Use For Storing BTC

Bitcoin (BTC) wallets are utilized to store the Key of bitcoin accounts safe and sound. Bitcoin is a virtual currency, and you need a secure place to hold them. Bitcoin has been a growing industry since 2008. Its price increased from $0.003 to more than $9,000, in these days. Ever since its invention, Bitcoin has been a primary target of several cybercriminals, to be on the safer side, bitcoin wallets come to the picture. Bitcoin wallets are of several types, software (mobile, web, desktop) and hardware.

Seven bitcoin wallets that are on the top (h2)

Ledger Nano X

Ledger nano x is a premium quality hardware wallet. It is an extremely secure offline option, where you can keep your bitcoin safe. It comes with desktop and mobile compatibility and has an inbuilt battery. Ledger is made with a stainless-steel cover, providing extra durability. It has got two security chips, which make sure that your security key is never exposed. This compact design adds an extra edge over capabilities.

It has coin stalking service, which you can get in Ledger live. It also facilitates Ledger Live, where you can manage your account and make transactions. Setting up Ledger can be a difficult task. It supports a wide range of cryptocurrency, and the major include Bcash (BCH), Binance Coin (BNB), and Monero.

Trezor

Trezor too is a prominent offline wallet designed by SatoshiLabs. It has an immense simple interface, and it is easy to set up. It can be connected to your desktop or your smartphone. It is compatible with Windows, Mac OS as well as Linux. It is capable of working safely, even if the device you are using is infected with malware. The build quality is pristine and has a sleek design. Trezor has an upstanding multi-factor authentication system.

While executing transactions generates PIN, which adds additional security against theft. Trezor offers a straightforward process to secure your digital assets. Investment in digital assets has become convenient with Trezor. Trezor allows holding of over 1000 cryptocurrencies: Bitcoin, Ethereum/Ethereum Classic, Namecoin, Litecoin, Dogecoin, Zcash, and Dash.

Exodus

Exodus is another crypto wallet which is highly reliable and easy to operate. Exodus Is highly recommended for desktops, and it also has a mobile application. It provided you with the most elegant technical analysis through graphs and statistical data. The interface of Exodus is easy to understand and comprise of more than a hundred management tools. It can integrate with Trezor and Shiftspace, which allows you to swap coins among your accounts.

Exodus is entirely a software wallet. Exodus provides a security key for keeping your transactions and assets safe. It is recommended to keep your device secured because the Key is stored inside your device. Maintaining your portfolio becomes a more manageable task with Exodus.

Atomic Wallet

Atomic wallet is the first decentralized wallet that permits the user to exchange their BTC without intermediaries. Atomic wallet is designed with an embracing interface. This feature makes Atomic wallet user friendly and uncomplicated for setting up. You need to download it to your device and start using it. It is built for Windows Mac OS Linux as well as with android and IOS devices.

The security features of Atomic Wallet are exceptional. It provides encrypted security keys that are kept secured in the device itself. It supports the import of security keys and the exchange of funds in a secure method. Security support of Atomic is extremely reliable, making it a trusted crypto wallet among several competitors.

Electrum

Electrum is a reliable desktop wallet which provides faster response time and multiple features. Electrum is open-source, which makes transactions a lot more secured. Even though Electrum follows a client-server based system, it does not send the private keys to the server. Also, the keys are encrypted that makes the security impenetrable from cybercriminals. Electrum has cold storage feature that stores the public and private keys offline in the device.

It provides instant support services and uses bitcoin blockchain. One of the notable features of Electrum is that it can integrate with hardware wallets like Trezor and Ledger, providing extra security. Just like other wallets, Electrum also works on all operating systems. The interface focuses on the prime functionalities.

Coplay

Coplay is a recently built application and has become quite popular in recent years. Coplay is developed for desktop (Windows, Mac OS, Linus), android, and IOS. One of the significant features of Coplay is multi-user access to the same wallet. Coplay is an open-source feature, which allows developers to make changes as soon as any bug is reported. The transaction fees of Coplay are quite high; also, the interface is dynamic and user friendly.

While making transactions, Coplay needs the approval of the entire team managing the crypto wallet. The security features of Coplay verify each transaction at every node to counter the loss of Bitcoins. Coplay wallet offers full access over the assets of the account holder.

Coinbase

Coinbase is an exclusive web and mobile Bitcoin wallet. It is one of the systematic ways to buy, sell, or hold Bitcoin (BTC). Purchasing and selling cryptocurrency is very identical to buying and selling using a Trading or Demat account. This feature provides a familiar interface to new investors. Coinbase has created a trusted and robust user base. It supports a holding of a wide range of cryptocurrencies and is easy to set up and prefers for beginners.

There is no purchase cost in Coinbase, but they charge high transaction fees. In addition to transaction charges, it also makes you charge money while converting currency. Security track of coin base is well maintained, free from bugs and malware.

Final Verdict

Bitcoin wallets store all the vital information like your BTC address, your transactions, etc. Thus, owning one of the best Bitcoin wallets is indispensable while investing in cryptocurrency. These digital wallets provide the utmost security to the users. However, a perfect Bitcoin wallet ultimately depends on your comfort. Hardware wallets offer remarkable privacy but are complicated. In comparison, software wallets are easy to handle. Bitcoin wallets help to make secured transactions through their functionalities.

Author Bio:-

Mary Jones is the co-founder and editor-in-chief at TopMyGrades, which focuses on career counselling for university students in the US, Canada, UK and Australia. Mary also provides proofreading help as an online service for University students to guide them in with reviewing and formatting their assignments. She has extensive content editing experience and has worked with MSNBC, NewsCred and Scripted in the past. She has also authored blogs on Lifehack.org, Wn.com, Medium.com, Minds.com and many more digital publications.

 

Seven bitcoin wallets that are on the top (h2)

Ledger Nano X (h3)

Ledger nano x is a premium quality hardware wallet. It is an extremely secure offline option, where you can keep your bitcoin safe. It comes with desktop and mobile compatibility and has an inbuilt battery. Ledger is made with a stainless-steel cover, providing extra durability. It has got two security chips, which make sure that your security key is never exposed. This compact design adds an extra edge over capabilities.

 

It has coin stalking service, which you can get in Ledger live. It also facilitates Ledger Live, where you can manage your account and make transactions. Setting up Ledger can be a difficult task. It supports a wide range of cryptocurrency, and the major include Bcash (BCH), Binance Coin (BNB), and Monero.

Trezor (h3)

Trezor too is a prominent offline wallet designed by SatoshiLabs. It has an immense simple interface, and it is easy to set up. It can be connected to your desktop or your smartphone. It is compatible with Windows, Mac OS as well as Linux. It is capable of working safely, even if the device you are using is infected with malware. The build quality is pristine and has a sleek design. Trezor has an upstanding multi-factor authentication system.

 

While executing transactions generates PIN, which adds additional security against theft. Trezor offers a straightforward process to secure your digital assets. Investment in digital assets has become convenient with Trezor. Trezor allows holding of over 1000 cryptocurrencies: Bitcoin, Ethereum/Ethereum Classic, Namecoin, Litecoin, Dogecoin, Zcash, and Dash.

 

 

Exodus (h3)

Exodus is another crypto wallet which is highly reliable and easy to operate. Exodus Is highly recommended for desktops, and it also has a mobile application. It provided you with the most elegant technical analysis through graphs and statistical data. The interface of Exodus is easy to understand and comprise of more than a hundred management tools. It can integrate with Trezor and Shiftspace, which allows you to swap coins among your accounts.

 

Exodus is entirely a software wallet. Exodus provides a security key for keeping your transactions and assets safe. It is recommended to keep your device secured because the Key is stored inside your device. Maintaining your portfolio becomes a more manageable task with Exodus.

 

 

 

Atomic wallet (h3)

Atomic wallet is the first decentralized wallet that permits the user to exchange their BTC without intermediaries. Atomic wallet is designed with an embracing interface. This feature makes Atomic wallet user friendly and uncomplicated for setting up. You need to download it to your device and start using it. It is built for Windows Mac OS Linux as well as with android and IOS devices.

 

The security features of Atomic Wallet are exceptional. It provides encrypted security keys that are kept secured in the device itself. It supports the import of security keys and the exchange of funds in a secure method. Security support of Atomic is extremely reliable, making it a trusted crypto wallet among several competitors.

 

Electrum (h3)

Electrum is a reliable desktop wallet which provides faster response time and multiple features. Electrum is open-source, which makes transactions a lot more secured. Even though Electrum follows a client-server based system, it does not send the private keys to the server. Also, the keys are encrypted that makes the security impenetrable from cybercriminals. Electrum has cold storage feature that stores the public and private keys offline in the device.

 

It provides instant support services and uses bitcoin blockchain. One of the notable features of Electrum is that it can integrate with hardware wallets like Trezor and Ledger, providing extra security. Just like other wallets, Electrum also works on all operating systems. The interface focuses on the prime functionalities.

Coplay (h3)

Coplay is a recently built application and has become quite popular in recent years. Coplay is developed for desktop (Windows, Mac OS, Linus), android, and IOS. One of the significant features of Coplay is multi-user access to the same wallet. Coplay is an open-source feature, which allows developers to make changes as soon as any bug is reported. The transaction fees of Coplay are quite high; also, the interface is dynamic and user friendly.

 

While making transactions, Coplay needs the approval of the entire team managing the crypto wallet. The security features of Coplay verify each transaction at every node to counter the loss of Bitcoins. Coplay wallet offers full access over the assets of the account holder.

 

 

Coinbase (h3)

Coinbase is an exclusive web and mobile Bitcoin wallet. It is one of the systematic ways to buy, sell, or hold Bitcoin (BTC). Purchasing and selling cryptocurrency is very identical to buying and selling using a Trading or Demat account. This feature provides a familiar interface to new investors. Coinbase has created a trusted and robust user base. It supports a holding of a wide range of cryptocurrencies and is easy to set up and prefers for beginners.

 

There is no purchase cost in Coinbase, but they charge high transaction fees. In addition to transaction charges, it also makes you charge money while converting currency. Security track of coin base is well maintained, free from bugs and malware.

Final Verdict (h2)

 

Bitcoin wallets store all the vital information like your BTC address, your transactions, etc. Thus, owning one of the best Bitcoin wallets is indispensable while investing in cryptocurrency. These digital wallets provide the utmost security to the users. However, a perfect Bitcoin wallet ultimately depends on your comfort. Hardware wallets offer remarkable privacy but are complicated. In comparison, software wallets are easy to handle. Bitcoin wallets help to make secured transactions through their functionalities.

Author Bio:-

Mary Jones is the co-founder and editor-in-chief at TopMyGrades, which focuses on career counselling for university students in the US, Canada, UK and Australia. Mary also provides proofreading help as an online service for University students to guide them in with reviewing and formatting their assignments. She has extensive content editing experience and has worked with MSNBC, NewsCred and Scripted in the past. She has also authored blogs on Lifehack.org, Wn.com, Medium.com, Minds.com and many more digital publications.