Bitcoin Wallet Recommendation Rating: 9,2/10 7498 reviews
  1. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics.
  2. During the last two years, hackers have been trying to crack the seventh-largest bitcoin wallet, an address that holds 69,370 BTC or $712 million using today’s exchange rate. According to the.

Here’s our recommended Bitcoin Wallets, also known as Digital Wallets or Crypto Wallets.

These wallets are used to secure and conveniently access your funds.

Once you have a Bitcoin Wallet, go to our CoinCompass to setup an Exchange Account to buy/sell crypto!

What is a Bitcoin wallet? A Bitcoin wallet is a program for sending and receiving bitcoins.

Wasabi Wallet (Desktop)

This wallet offers CoinJoin options and manual control of your inputs. It uses Neutrino to preserve privacy and limit data-usage. Built-in Tor hides network activity by default.

Bitcoin Wallet Recommendation
Samourai Wallet(Android)

This wallet is Android only but worth mentioning. It offers privacy-focused features such as Whirlpool, Stonewall and Ricochet. Supports Segwit and offers Payment channels as a way to save

Hodl wallet
Bitcoin wallet recommendation

This is a clone of the legacy version of bread wallet but with updated code to include segwit (Works mostly with Bech32. You have to manually generate a legacy address when needed). Connects directly to Bitcoin nodes, making it a true SPV wallet.

Coinimi (Android/iOS/Desktop)

Multi-coin wallet that handles a high number of alt-coins. Desktop variants include Linux, Windows and MacOS.

How To Choose The Best Bitcoin Wallet

Edge Wallet (Android/iOS)

This wallet works with a username and password instead of a recovery phrase. It allows for Bech32 and legacy versions of Segwit and you can have multiple accounts

Blue Wallet (iOS)

Supports Segwit/Bech32 and offers a snappy user experience. Allows for Lightning Network wallets and is frequently updated with new features.

Crypto Wallet Recommendations

Electrum (Desktop/iOS/Android)

A Fully-featured wallet that also has mobile versions of itself. An advanced wallet that is constantly updated with cutting-edge bitcoin features. First to adopt Bech32. The plugin system allows for even further customization.

Ledger

Ledger wallets use Ledger Live to interact with the wallet. The version on mobile is nearly identical to the one offered on desktop.

Satoshi Labs - Trezor

Wallet

As the first hardware wallet to popularize within Bitcoin, Satoshi Labs offers two flavours of Trezor wallets. Both interface mainly with a chrome extension or their own native plugin app.

How To Use A Bitcoin Wallet

What is a bitcoin wallet?

Bitcoin wallet recommendation

Bitcoin Wallet Recommendation

If you plan on buying, trading or using bitcoin or any cryptocurrency, a wallet is a necessity. In this guide we’ll discuss the types of Bitcoin wallets and why you may choose one over the other. As bitcoin and other cryptocurrencies are digital assets, the way they are used and stored differs from traditional currencies. A crypto wallet should be looked at as a way to access the cryptocurrency you own, as well as a way to send and receive it. Wallets can be on your mobile device, on your desktop, a physical hardware device that you can carry with you or even a piece of paper. Like all crypto wallets, a bitcoin wallet has both a private key and a public bitcoin address. The private key is what you use to access your public key or bitcoin address and interface with the bitcoin network. This can simply be thought of as your pin and is most commonly presented to the user as a 12-word passphrase. These words, or pin, will mean you can access your cryptocurrency wallet from anywhere. If you lose your wallet, you can use your passphrase to recover it. The public key or address can be used to send and receive bitcoin or BTC between parties.

Why do I need a wallet?

Bitcoin Wallet Manager

Before purchasing bitcoin, you’ll need to set up a wallet to store them. In this guide we’ll discuss types of Bitcoin wallets and why you may choose one over the other. Wallets can be on your mobile, on your desktop or even physical hardware than you can carry with you. When you set up your wallet, you will have what is known as a private key which functions as the password to access your Bitcoin. As you complete a transaction, you will then receive what is known as a public key, which connects you from one Bitcoin user to another. Please note: Never purchase a wallet on eBay. Someone may be attempting to sell you a wallet that has been tampered with to steal your bitcoin. Remember, regardless of which wallet you choose, keeping your bitcoin secure is most important.

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