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Top Secure Bitcoin and Cryptocurrency wallets
We have compared the best cryptocurrency wallets for you
What are Bitcoin and Cryptocurrency wallet?
The Bitcoin/cryptocurrency wallet is the first step to using Bitcoin or crypto.
Why?
Because a “wallet” is essentially the same as a bank account. Allows you to retrieve bitcoins and other coins, save them, and transfer them to others.
You can think of a wallet as your virtual connector to the Bitcoin network, just as your online bank account is a common financial system connector. Wallets contain private keys; secret codes allow you to use your money. In fact, it is not the coins that need to be kept safe, but the secret keys that give you access to them.
In short: A crypto or Bitcoin wallet is simply an app, website, or device that handles your private keys.
Types of Bitcoin and Cryptocurrency wallet?
There are several different types of Bitcoin wallets used today, and each of them comes with its own tradeoffs between security and ease of use:
We will cover this in more detail, but to put it simply there are bags to hold your daily spending money (hot bags) and there are also bags for your long-term savings (cold bags). There are also many types of both hot and cold bags.
Hardware Wallets
A hardware wallet is an electronic device, designed for the sole purpose of obtaining cryptocurrencies.
The main thing is that the hardware wallet must be connected to your computer, phone or tablet before spending money.
The two most popular and popular Bitcoin wallets and cryptocurrency hardware are:
Hardware wallets are a good choice if you are committed to safe and secure, reliable Bitcoin and crypto storage. Hardware wallets keep private keys separate from vulnerable, Internet-connected devices. Your most important secret keys are stored in a secure offline safe in a hardware wallet, completely protected even if the device can be connected to a computer infected with malware.
Why are hardware wallets good?
- Very Secure way to store your cryptocurrency
- Easy to backup and secure
- Easy Setup
- Multiple hardware wallets can be used together for extra security
Why are hardware wallets bad?
- You need to pay one time to buy hardware wallet
- It may be challenging for new user to understand
Hot Wallets
Hot wallets are wallets that run on internet-connected devices like a computer, mobile phone, or tablet.
Private keys are secret codes. Because hot wallets generate your private keys on an internet-connected device, these private keys can’t be considered 100% secure.
Why are Hot wallets good?
- Easiest way to store small amounts of bitcoin and crypto
- Convenient for spending and receiving payments is easy and fast
- Some hot wallets allow access to funds across multiple devices
Why are Hot wallets bad?
- Not safe for the secure storage of large amounts of bitcoins and crypto
- You might forget about the application being installed on your phone
Which Wallet is best for you?
Each Wallet has its advantages and disadvantages, and different Wallets are created to solve different problems. Some wallets may be subject to security, while other wallets may focus more on ease of use. Your specific needs should determine the wallet you use, as there is no “best bitcoin wallet”.
Bitcoin and Cryptocurrency Hardware Wallet Comparison
Bitcoin and Cryptocurrency Hot Wallet (Exchange) Comparison
Following is a handpicked list of Top Crypto Wallets, with their popular features and website links.
Crypto Affiliate Programs
Score
Description
Hosting Features
9.9
4.9/5
- Beyond operating the world's leading cryptocurrency exchange, Binance spans an entire ecosystem. Their vision is to increase the freedom of money globally.
- This application offers a wide range of tools for trading online.
- It is one of the safest bitcoin wallet that provides 24/7 support.
- This platform is compatible with Web, iOS, Android, and PC clients.
- Binance offers basic and advanced exchange interfaces for trading.
- It does 1.2 bn average daily trading volume with more than 1,400,000 transactions per second.
9.8
5/5
- Coinbase is a platform where you can buy and sell Bitcoin, Ethereum, and Litecoin through your bank account, credit cards, or PayPal account.
- You can buy and sell any digital currency and keep track of them in one place.
- It provides an app for both iOS and Android devices.
- You can schedule your currency trading on a daily, weekly, or monthly bases.
- It stores your funds in a vault for safety purposes.
- It is one of the largest cryptocurrency exchanges.
9.8
5/5
- PointPay is the first in the world crypto banking wallet which enables clients to safely store more than 10 popular cryptocurrencies and earn daily interest in deposits in cryptocurrency. You can earn up to 30% yearly with PointPay token (PXP) in PointPay Banking Wallet.
- Store and earn daily interest on your deposits in cryptocurrencies;
- Buy PointPay token (PXP) to receive a higher interests rate on your deposits;
- Easily buy/sell Bitcoin and other cryptos with your credit & debit cards, SEPA, bank transfer, or Apple Pay
- Take out instant crypto loans
- Download PointPay Banking App for iOS & Android to have crypto always at your hand
9.8
5/5
- Bitfinex is a trading platform that enables you to easily exchange EOS, Ethereum, Litecoin, and more. It enables you to access peer to peer funding market. This website offers advanced chart tools to visualize your order with ease.
- You can integrate this product with a wide range of platforms and products.
- It can be accessed from Android and iOS mobile devices.
- Offers varieties of tool to make your trading easy.
- It helps you to measure your trading performance with comprehensive reports.
9.3
4.6/5
- eToro is the worlds leading social investment network. You can trade and invest in stocks, currencies, and commodities.
- Build your crypto-based portfolio.
- Trade and invest in top stocks and ETFs.
- Provides a wide range of assets to trade.
- Supported platform: Android, iOS.
7.4
3.8/5
- Users can configure Wirex cards to work with various cryptocurrencies, and use the card anywhere they accept Visa.
- Allows you to take charge of your currencies on one simple platform.
- Fund your accounts by credit/debit card, bank transfer, or crypto.
- Allows you to select over 12 traditional and cryptocurrency accounts.
- This crypto wallet is PCI DSS Level 1-certified, which gives your funds the highest level of protection possible.
- It helps you to track payments and manage your account with live in-app messages.
7.4
3.8/5
- While other crypto markets are generalists, Paxful is for traders with a wallet full of Bitcoin they want to offload. It’s also a peer-to-peer marketplace.
- You can withdraw directly from your bank account.
- Send funds to your bank account and Paypal account.
- Provide the safety of your money.
- Trade-in your hundreds of digital currencies
- Sell and spend bitcoin with bank transfers.
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