Looking for Best Bitcoin Wallets? after the recent hike in the value of the cryptocurrencies.
Before moving on with the list of Best Bitcoin Wallets, First, you should be specific about what a Bitcoin wallet exactly is. Well in simple words it is analogous to the wallets that we have in our Smartphones, only differing in certain ways.
It is a bitcoin equivalent of a bank account. It lets you store bitcoins, send them and receive them from others. There are hardware wallets as well as hot wallets to do the said tasks.
Such wallets have private keys which give you full control over handling the storing and transactions. It can be an app, a website or a device that manages your private keys. But you should get your wallet filled with bitcoins only when you are aware of the risk that while the value of this currency may be soaring high at a time, it may drop down to zero any time.
So if you are sure of it you can go for any of the best bitcoin wallets listed below
List of The Best Bitcoin Wallets –
It is one of the most efficient bitcoin wallets where you can easily store, buy or sell crypto-currencies.
Besides Bitcoin, it also supports Bitcoin Cash like Ethereum and Litecoin. With the aid of this app, you can connect to US Banks in order to transfer dollars in and out of your wallet. Although it carries some worries regarding the security issues, yet from time to time it keeps updating its features for better user experience and for improvement of security. It’s easy to use setup makes it top our list of best bitcoin wallets.
As known by the people in this field, blockchain is a technology that is the root of cryptocurrencies like bitcoin and other such digital currencies. This online wallet by far is considered the safest one.
The feature that makes it a part of best bitcoin wallets is that there is no full exchange possible with this wallet. You can have secure storage of your Bitcoin, but you cannot buy or sell anything directly through blockchain.info. Though safe, there are complications in making use of the currency.
This wallet is not an online one. It is a software doing the job of a wallet and is present on your device in the form of some files. It is available for Windows, Mac OS X, Android and Linux. You can access the wallet whenever you want to by reaching out to these files.
The only risk that it holds is if your Computer or device gets damaged, the currency might be lost. For this, it has a recovery process whereby it allows you to create a physical “cold storage” with a printed or handwritten set of keys.
It is again a place to securely store your Bitcoin. It is actually a hardware wallet that you can plug into your computer or device in order to get access to its contents. Security wise, it can be considered as the best wallet to rely on. Its features consist of password management and two-factor authentication process.
It can also work with multiple currencies. It also has some safeguards against lost passwords and devices. But you definitely need to be careful with the wallet so that you don’t lose it at any cost.
With the new technologies being introduced, Our conventional ways of leading life have completely changed. Just like that Cryptocurrency aims to revolutionise the system of money making it a digital asset.
This was the list of best bitcoin wallets available on the internet. Download them now and start your journey as a cryptocurrency investor.
If you have any query, do let us know in the comment box.