Choose your Bitcoin wallet
Find your wallet and start making payments with merchants and users.
Take time to educate yourself
Bitcoin is different from what you know and use every day. Before you start using Bitcoin for any serious transaction, be sure to read what you need to know and take appropriate steps to secure your wallet. Always remember that it is your responsibility to choose your wallet carefully and adopt good practices in order to protect your money.
Get a Bitcoin Wallet
Are you a new Bitcoin user? We highly recommend the free Copay wallet that can be used on many operating systems.
Have you been using Bitcoin for a while and want to upgrade your security practices? Then keep reading!
Types of Wallets
There are many different ways to use Bitcoin and so there are many different types of wallets:
- Online bitcoin wallets. Wallets that can be accessed on the web from any internet connected device.
- Bitcoin hardware wallets. Physical devices designed to secure bitcoins.
- Software wallets. Wallet applications downloaded to your phone, computer or tablet.
- Paper wallets. Bitcoin private keys printed from an offline computer.
By the end of this article you’ll understand Bitcoin wallets and have a better idea about which type is right for you. Here are some factors to consider:
- On the go? If you are making payments in person and not online then a mobile wallet like Copay (iOS & Android), breadwallet (iOS) or Mycelium (Android) is a must.
- Frequency of payments. If you will need to make frequent payments then it will be best to keep your funds in wallet that is easy to use and accessible. Mobile wallets and desktop wallets are good options.
- Amount. If you are dealing with large amounts of bitcoins you will need a secure wallet. Hardware wallets and secure offline wallets like Armory are good options.
- Use combinations. Use a mobile wallet as your checking account, and a hardware or secure offline wallet as your savings account. Mix and match to find a combination that provides both security and accessibility.
Universal Wallets
Copay
Copay is a Bitcoin wallet by Bitpay and available on iOS, Android, Windows Phone, Linux, Max OS X, and Windows. Because Copay is available on multiple platforms, it’s easy to use the same wallet or accounts across multiple devices.
Copay’s simple, clean user interface makes it a good choice for new Bitcoin users. Copay is also a good option for businesses due to a shared account feature, which requires a certain number of users to sign each transaction. Two co-founders, for example, could create a 2 of 2 wallet where both will be required to sign each transaction.
Hardware Wallets
Hardware wallets are small computers or smartcards built with the sole purpose of generating Bitcoin private keys offline. Hardware wallets securely sign transactions in the same offline environment.
Ledger Nano
The Ledger Nano is a smartcard based hardware wallet. Private keys are generated and signed offline in the smartcard’s secure environment. The Nano is setup using the Ledger Chrome Application. A random 24-word seed is generated upon setup and backed offline by writing it down on a piece of paper. In case of theft, damage or loss, the entire wallet can be recreated with the seed. A user selected PIN code is also assigned to the device to protect against physical theft or hacking.
The Ledger Nano may be used on any computer, or Android phones with Mycelium or GreenBits.
TREZOR
The TREZOR differs from the Ledger Nano in that it’s a very tiny computer rather than a smartcard. Private keys are still generated offline.
TREZOR also generates a 24-word seed upon setup. The TREZOR has its own built in screen where the seed is displayed and copied down during backup. Since the TREZOR is an offline device it offers extra security since the seed isn’t displayed on an online computer.
An additional passphrase can be added to the 24-word seed. This provides extra protection, since anyone who finds someone else’s 24-word seed is free to access the funds. If the optional passphrase is added, an attacker still wouldn’t be able to access funds without both the seed AND the passphrase. If the passphrase is forgotten, it cannot be recovered.
OPENDIME
The first Bitcoin Bearer Bond or called a Bitcoin Stick. Opendime is a small USB stick that allows you to spend Bitcoin like a dollar bill. Pass it along multiple times. Connect to any USB to check balance. Unseal anytime to spend online. Trust no one.
Acts like a read-only USB flash drive. Works with any computer, laptop, and phone.
A QR Picture and Text file inside contain Bitcoin address and support.
The private key is generated inside the device, and is never known to any human, not even you!
The Bitcoin world changes fast but Opendime is built on the fundamental Bitcoin features that have not changed in five years.
Give an Opendime to anyone and they don't need to worry that you can take back the funds later.
You have got the private keys in the device. This is physical Bitcoin as it was meant to be to just hand it to someone and they have got it.
Pass it on multiple times! Simple as a handshake. No miner fees, no confirmation delays.
Uses Bitcoin message signing, normal (non HD) bitcoin payment addresses and private keys in WIF format.
Ledger HW.1
The Ledger HW.1 is a more affordable version of the Ledger Nano.
Ledger Unplugged
The Ledger Unplugged is a credit card-size wireless hardware wallet. Private keys are generated offline. Transactions are signed on the device and sent to a mobile phone via NFC.
The Ledger Unplugged is ideal for everyday use, since the device fits perfectly into wallets and no OTG cable is required.
Online Bitcoin Wallets
Online Bitcoin wallets, or web wallets, store your private keys online. Wallets can only be accessed with a user-set password.
GreenAddress
GreenAddress is a multisig web wallet, with apps available for Chrome, iOS, and Android.
SpectroCoin
SpectroCoin is an all-in-one solution for Bitcoin. Services offered include a wide range of Bitcoin solutions, from exchange to Bitcoin e-wallet.
Mobile Wallets for Android
breadwallet (Android)
Breadwallet started out as the most popular wallet for iPhone, and now it is also available for Adroid devices running Android 6.0 or higher. The simplicity and easy-to-use security makes it a great place to start for users who are new to bitcoin.
Mycelium (Android)
Mycelium is a favorite among experienced Bitcoin users. It’s an HD wallet with many advanced features, like support for hardware wallets TREZOR and Ledger, watch-only accounts, cold storage spending, and Tor.
Bitcoin Wallet
Bitcoin Wallet was the first Bitcoin wallet for Android. It’s simple, easy to backup, and connects directly to the Bitcoin network with SPV.
Airbitz
AirBitz is another Bitcoin wallet that’s great for everyday use. It’s integrated with Fold, meaning you can get 20% discounts at Starbucks from within the wallet.
Airbitz manages accounts with usernames and passwords, but doesn’t have access to your funds. This type of account creation is easier for less technical users who may have trouble backing up or understanding HD seeds.
GreenBits
GreenBits is the native version of GreenAddress. It’s fast, simple, and supports hardware wallets TREZOR and Ledger Nano/HW.1.
Mobile Wallets for iOS
breadwallet (iOS)
Breadwallet’s combination of simplicity and security has made it the most popular iOS wallet. iPhone users in search of their first Bitcoin wallet should find Breadwallet easy to understand.
Copay
Copay is available in the App Store. Click here for more details.
Airbitz
AirBitz is also available in the App Store.
Desktop Wallets
Desktop wallets are software wallets that are downloaded and installed on your computer. The desktop wallets below are available on Mac OS X, Windows, and Linux.
Armory
Armory is the most mature, secure and full featured Bitcoin wallet but it can be technologically intimidating for users. Whether you are an individual storing $1,000 or institution storing $1,000,000,000 this is the most secure option available. Users are in complete control all Bitcoin private keys and can setup a secure offline-signing process in Armory.
Bitcoin Core
Bitcoin Core is the “official” Bitcoin client and wallet, though isn’t used by many due to slow speeds and a lack of features. Bitcoin Core, however, is a full node, meaning it helps verify and transmit other Bitcoin transactions across the network and stores a copy of the entire blockchain. This offers better privacy since Core doesn’t have to rely on data from external servers or other peers on the network. Bitcoin Core routed through Tor is considered one of the best ways to use Bitcoin privately.
Electrum
Electrum may be the most popular desktop wallet, due to its speed and ease of use. Electrum can also be used as cold storage if you have an extra computer that can be used offline. Additonaly, Electrum offers other features like connecting through Tor, multisiganture wallets, integration with hardware wallets, and more.
MultiBit HD
Multibit HD is a fast and straightforward desktop wallet with support for hardware wallets TREZOR and KeepKey.
Paper Wallets
Paper wallets were the standard method of cold storage before hardware wallets were built. Paper wallets are private keys printed out on a piece of paper. If generated and printed with a secure, offline computer, paper wallets are secure cold storage.
The main problem with paper wallets is it can be inconvenient to create and print a new wallet each time you send funds to cold storage. However, it’s possible to bulk print paper wallets to save time and eliminate address reuse. Our cold storage guide explains step-by-step how to create a secure paper wallet.
Best Practices
Bitcoin lets you control your money, meaning you are responsible for both your money’s security and your financial privacy. Here are some steps you can take to ensure your privacy and security:
Control your private keys
Services like Coinbase and Circle offer “Bitcoin wallets”, but in reality control your private keys. It’s best to use a wallet where you control your private keys. This is the only way to have full control of your funds and not have to rely on third parties for security.
Protect your privacy
Each time you request blockchain data from a wallet, the server may be able to view your IP address and connect this to the address data requested. Each wallet handles data requests differently. If privacy is important to you, use a wallet that downloads the whole blockchain like Bitcoin Core or Armory. Tor can be used with other wallets to shield your IP address, but this doesn’t prevent a server from tying a group of addresses to one identity. For more information, check out the Open Bitcoin Privacy Project for wallet rankings based on privacy.
Don’t reuse addresses
Most Bitcoin wallets today automatically create a new address for each transaction. Since all Bitcoin transactions are public, address reuse makes it easy for others to group transactions and understand which payments are connected to one identity.
Use different wallets for different sums of money
Just like you don’t walk around with your savings account as cash, there are different Bitcoin wallets that should be used depending on how much money is being stored or transferred. Secure wallets like paper wallets or hardware wallets can be used as “savings” wallets, while mobile, web, and desktop wallets should be treated like your spending wallet.
Create multiple secure backups
Users should create multiple backups of their wallets. Backups should be kept in separate physical locations in the case of fire or water damage. Paper wallets can be laminated or written in metal for extra protection.
How to Store Bitcoins
Earlier it was mentioned that there are four types of Bitcoin wallets: online wallets, hardware wallets, software wallets, and paper wallets. These four categories can be broken down further into different kinds of storage and security:
Hot Wallets
Hot wallets refer to Bitcoin wallets used on internet connected devices like phones, computers, or tablets. Because hot wallets run on internet connected devices there is always a risk of theft. Think of hot wallets like your wallet today. You shouldn’t store any significant amount of bitcoins in a hot wallet, just as you would not walk around with your savings account as cash.
If only used with small amounts, hot wallets should be used for your everyday Bitcoin needs. One may, for example, want to keep $200 worth of bitcoins in a hot wallet for spending, with $10,000 locked away in cold storage.
Custodial Services
Although often called Bitcoin wallets, services like Coinbase and Circle aren’t true Bitcoin wallets. Customers private keys are held by these third party services, meaning users don’t really have control of their money.
As Bitcoiners often say: “if you don’t control the keys, you don’t control the coins”. Mt. Gox is an extreme example, but one that illustrates the importance of holding private keys. Gox was the first and largest Bitcoin exchange up until 2013. Thousands of users stored more than 800,000 bitcoins in their Gox accounts.
At the time, one may have claimed to have 1,000 bitcoins in a Gox account. While true at the time, as soon as Mt. Gox claimed to have been victim of theft users with bitcoins in their accounts were left empty handed.
Services like Coinbase and Circle may in fact use good security practices and there’s a chance your bitcoins are safe. But by storing bitcoins with a third party you are always taking on additional risk.
Cold Storage
Cold storage is achieved when Bitcoin private keys are created and stored offline. Private keys stored offline are more secure since there is no risk that a hacker or malware could steal your coins.
There are three ways to create cold storage: paper wallets, hardware wallets, and software wallets run on offline computers. Think of cold storage as your savings account. Use it to securely store bitcoins that you don’t plan to spend.
Multisignature Wallets
Multisignature wallets like Copay make it easier to share control of bitcoins between multiple parties. If created offline, multisig can also make cold storage more secure.
Multisignature wallets require multiple parties to sign transactions in order for funds to be spend. In a 2-2 wallet, for example, both parties must sign a transaction. In a 2-3 multisig wallet, two of the three co-signers must sign each transaction.
Armory Multisig: Armory offers a Lockbox feature that requires any amount of up to seven co-signers to approve shared transactions. A Lockbox is created by one party who adds additional public keys as co-signers. This solution provides a mix of flexibility and security for personal use or organizations.
Armory’s fragmented backups is another useful feature. Instead of requiring multiple signatures for each transaction, fragmented backups require multiple signatures only for backups. A fragmented backup splits up your Armory backup into multiple pieces, which decreases the risk of physical theft of your wallet. Without a fragmented backup, discovery of your backup would allow for immediate theft. With fragmented backup, multiple backup locations would need to be compromised in order to obtain the full backup.
Here's a look at some everyday use cases for multisig:
2-2 Wallet: Two business partners work together at a startup. They create a 2-2 multisig wallet so that no funds can be spent without the permission of both founders. If one tries to create a transaction, the other partner will be required to sign off on the transaction before money can be moved.
2-3 Wallet: A 2-3 multisig wallet could be used to create secure offline storage with paper wallets or hardware wallets. Users should already backup their offline Bitcoin holdings in multiple locations, and multisig helps add another level of security. A user, for example, may keep a backup of a paper wallet in three separate physical locations. If any single location is compromised the user’s funds can be stolen. Multisignature wallets improve upon this by requiring instead any two of the three backups to spend funds--in the case of a 2-3 multisig wallet. The same setup can be created with any number of signatures. A 5-9 wallet would require any five of the nine signatures in order to spend funds.
Blockchain on Mobile
About the Blockchain iOS app
BITCOIN BASICS
ETHER BASICS
HOW TO GET BITCOIN
HOW TO GET ETHER
USING YOUR BLOCKCHAIN WALLET
KEEPING YOUR WALLET SECURE
HOW YOUR WALLET WORKS
What you get when using our app
FREQUENTLY ASKED QUESTIONS +
IF MY PHONE IS STOLEN ARE MY BITCOIN SAFE?
All wallets are PIN protected - 4 incorrect attempts are possible before the main wallet password is required to be re-entered.
IF I LOSE MY PHONE OR DELETE THE APP, WILL I LOSE MY BITCOIN?
No, you can still access your wallet online using the web interface. To login all you need is your Wallet ID and your personal password. You can also use your backup phrase to regain access to your funds. Your encrypted wallet is always automatically backed up to our servers, so your web wallet will be as up to date as the wallet on your phone was.
WHAT IF I LOSE MY PIN?
If you enter an incorrect PIN 4 times you will simply be asked to re-enter your main password. If you have forgotten your main password, you can re-access your bitcoin by using your Backup Phrase.
Read more about why it's important to backup your wallet with your Backup Phrase here.
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Which is the Best Bitcoin Wallet?
This guide will help you to find the best Bitcoin wallet for YOU!
There's no "one size fits all" Bitcoin wallet. Wallets come on different platforms with different features.
If you want the best possible wallet, keep reading.
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Recommendations
Ledger Nano S Buy Learn More
The Ledger Nano S is the cheapest hardware wallet. Hardware wallets secure your coins by storing them offline and away from hackers. The Ledger Nano S supports more coins than any other hardware wallet, like bitcoin, litecoin, ether and more. It can be used with any desktop computer or Android device.
TREZOR Buy Learn More
TREZOR launched in August 2014 as the first Bitcoin hardware wallet, offering secure bitcoin storage plus the ability to spend with the convenience of a hot wallet. TREZOR is a small, thumb-sized device.
Samourai Wallet
Samourai is 100% the best available Android wallet. It has the most features, the best privacy and its developers are constantly working to add the latest Bitcoin features to the wallet. Samourai Wallet has been around for more than 3 years and its code is fully open source.
Coinomi
Coinomi is the most popular multi-coin cryptocurrency wallet for iOS and Android. It supports over 100+ coins including bitcoin, litecoin, ether, dash and more.
BRD
BRD is a mobile wallet for both Android and iOS. Its clean interface makes it easy to use for beginners. It supports bitcoin and ether.
Electrum
Electrum wallet is an easy to use desktop wallet for Mac, Windows and Linux. It's east and fast to setup so you can start sending and receiving bitcoins right away.
Exodus
Exodus is the most popular multi-coin cryptocurrency wallet. It supports Bitcoin, ether, litecoin, dash, Golem and many more.
What is a Bitcoin Wallet?
A Bitcoin wallet is the first step to using Bitcoin.
A “wallet” is basically the Bitcoin equivalent of a bank account. It allows you to receive bitcoins, store them, and then send them to others.
You can think of a wallet as your personal interface to the Bitcoin network, similar to how your online bank account is an interface to the regular monetary system.
Bitcoin wallets contain private keys; secret codes that allow you to spend your bitcoins.
In reality, it’s not bitcoins that need to be stored and secured, but the private keys that give you access to them.
A Bitcoin wallet is simply an app, website, or device that manages Bitcoin private keys for you.
This guide will show you how to create a bitcoin wallet and pick the best one.
Types of Bitcoin Wallets
Let's discuss the types of bitcoin wallets and why you might want to use one kind over another.
Hardware Wallets
A hardware wallet is a physical electronic device, built for the sole purpose of securing bitcoins.
The core innovation is that the hardware wallet must be connected to your computer, phone, or tablet before bitcoins may be spent.
The three most popular and best Bitcoin hardware wallets are:
Hardware wallets are a good choice if you’re serious about security and convenient, reliable Bitcoin storage.
Bitcoin hardware wallets keep private keys separate from vulnerable, internet-connected devices.
Your all-important private keys are maintained in a secure offline environment on the hardware wallet, fully protected even should the device be plugged into a malware-infected computer.
As bitcoins are digital, cyber-criminals could, potentially, target your computer’s “software wallet” and steal them by accessing your private key.
Generating and storing private keys offline using a hardware wallet ensures that hackers have no way to reach your bitcoins.
Hackers would have to steal the hardware wallet itself, but even then, it can be protected with a PIN code.
Don’t worry about your hardware wallet getting stolen, lost or damaged either; so long as you create a secret backup code, you can always retrieve your bitcoins.
Think of a hardware wallet like your own underground steel vault. If you own a significant amount of bitcoin, you should strongly consider getting one!
Why are hardware wallets good?
- Easiest way to securely store bitcoins
- Easy to backup and secure
- Less margin for error; setup is easy even for less technical users
Why are hardware wallets bad?
- They're not free!
Hot Wallets
Hot wallets are Bitcoin 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.
Think of a hot wallet like your wallet today: you use it to store some cash, but not your life savings. Hot wallets are great if you make frequent payments, but not a good choice for the secure storage of bitcoins.
Why are hot wallets good?
- Easiest way to store small amounts of bitcoin
- Convenient; 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
Which Wallet is Best for You?
Investing or saving? Then a hardware wallet will keep your coins safe.
Otherwise, a software wallet will send and receive bitcoins just fine. Best of all, software wallets are free.
Each wallet has pros and cons, and different wallets are built to solve different problems.
Here is a video that may help:
Some wallets may be geared towards security, while some wallets may be more focused on privacy.
Your specific needs should determine the wallet you use, as there is no “best bitcoin wallet”.
Below, we've listed wallets you can buy or download. We suggest using the wallets listed or doing research before buying or downloading any wallet.
Each day, new Bitcoin scam wallets are added to the Google Play Store and Apple app store that are designed to steal peoples' bitcoins.
We only list wallets that have published and open-sourced their code.
Hardware Wallets: Keep Your Coins Safe
Hardware wallets aren't free.
But the price can be worth it if you own a significant amount of bitcoins. A hardware wallet will protect a few hundred in Bitcoin just as effectively as a few million.
How Hardware Wallets Work
Hardware wallets are secure, offline devices. They store your private keys offline so they can't be hacked.
This means you can even use one on a malware infected computer.
Why A Hardware Wallet with a Screen is Important
In the table below, you'll notice we show which hardware wallets have screens.
Screens provide extra security by verifying and displaying important wallet details. Since the hardware wallet is nearly impossible to hack, its screen is more trustworthy than data displayed on your computer.
Bitcoin Hardware Wallet Comparison
Check the table below for a quick comparison. Note:
Best Bitcoin Hardware Wallet Overviews
Ledger Nano S Buy Learn More
The Ledger Nano S is the cheapest of the three hardware wallets with a screen; it costs about $95. Ledger, one of the most well-known Bitcoin security companies, released the device in August 2016.
TREZOR Buy Learn More
TREZOR launched in August 2014 as the first Bitcoin hardware wallet, offering secure bitcoin storage plus the ability to spend with the convenience of a hot wallet. TREZOR is a small, thumb-sized device.
KeepKey Buy Learn More
KeepKey was released in September 2015 and was the second hardware Bitcoin wallet to offer a screen. The KeepKey's larger screen gives it some extra security features that the Nano S and Trezor lack.
Hot Wallets
Just a quick refresher:
Hot wallets are Bitcoin wallets that run on internet connected devices like a computer, mobile phone, or tablet. As hot wallets generate private keys on an internet connected device, these private keys can’t be considered 100% secure.
Think of a hot wallet like your wallet today: you use it to store some cash, but not your life savings. Hot wallets are great if you make frequent payments, but not a good choice for the secure storage of bitcoins.
Online Bitcoin Wallets (Web Wallets)
Web wallets store your private keys online, where they are encrypted with a user-selected password. Although they offer the lowest level of security, online bitcoin wallets have the advantage of being accessible from any internet connected device.
GreenAddress
GreenAddress is a multi-signature Bitcoin wallet available on the web, desktop, Android, and iOS. GreenAddress is compatible with hardware wallets like TREZOR, Ledger Nano, and the HW.1.
“Multi-signature” in this context means that the site requires a manual confirmation from you for your coins to be moved; this greatly improves security.
Android Bitcoin Wallets
There is a large selection of Android wallets. Since Bitcoin wallets were originally banned by Apple, developers spent much of their time developing for Android.
Samourai Wallet
Samourai is 100% the best available Android wallet. It has the most features, the best privacy and its developers are constantly working to add the latest Bitcoin features to the wallet. Samourai Wallet has been around for more than 3 years and its code is fully open source.
Mycelium
Mycelium is the most popular Bitcoin wallet on Android. It's very easy to use for sending and receiving payments. Backing up your wallet is also simple, since Mycelium makes it very clear with setup and backup instructions.
breadwallet
breadwallet, the great iPhone Bitcoin wallet, recently released an Android wallet. It offers the user control of private keys, an easy to use interface, and passcode support.
Edge
Edge is an easy to use Bitcoin wallet for iPhone and Android. Its familiar login feature makes using the app a breeze for people new to bitcoin. The wallet also creates automatic backups, so you don't have to worry about the technicalities of performing manual wallet backups.
GreenBits
GreenBits is the native Android version of GreenAddress. It’s a multi-signature wallet that also supports hardware wallets like TREZOR and Ledger.
Bitcoin Wallet
Bitcoin Wallet, or “Schildbach Wallet”, was the first mobile Bitcoin wallet. Bitcoin Wallet is more secure than most mobile Bitcoin wallets, because it connects directly to the Bitcoin network. Bitcoin Wallet has a simple interface and just the right amount of features, making it a great wallet and a great educational tool for Bitcoin beginners.
iOS and iPhone Bitcoin Wallets
Apple banned Bitcoin wallets from the App Store in February 2014, but reversed its decision a few months later. Luckily, there are now plenty of options for iOS users.
breadwallet
We consider breadwallet, along with Copay (below), as the best bitcoin wallet for iPhone. It’s open source and gives the user full control over their private keys. It also has a clean interface which makes the sending and receiving of bitcoins a pleasurable and super-simple process.
Edge
Edge is an easy to use Bitcoin wallet for iPhone and Android. Its familiar login feature makes using the app a breeze for people new to bitcoin. The wallet also creates automatic backups, so you don't have to worry about the technicalities of performing manual wallet backups.
Desktop Wallets
Desktop wallets are downloaded and installed on your computer. If privacy is your main concern, the Bitcoin core wallet is a good option since it does not rely on third parties for data.
Electrum
Electrum is a light weight Bitcoin wallet for Mac, Linux, and Windows. Electrum was created in November 2011. The main features of Electrum are: support for hardware wallets (such as TREZOR, Ledger Nano and KeepKey), and secure Bitcoin storage using an offline computer. Electrum is a good option for both beginners and advanced users.
Bitcoin Banks: $1 Billion Lost in Hacks
One last thing to keep in mind when it comes to bitcoin wallets is that there is a difference between a wallet and a bank. Some Bitcoin users view Coinbase as a Bitcoin wallet, but companies like this operate much more like banks.
The private keys are what users need to protect to safely use the Bitcoin network without getting robbed. When you hand someone else control over your private keys, you are essentially making a deposit at that financial institution – much like a deposit at any bank.
Don't store coins on exchanges! Bitcoin users have lost over $1 billion worth of bitcoins in exchange hacks and scams. Control your own private keys.
This is not to say that bitcoin banks are inherently bad. Companies like Coinbase have done wonders for bringing more users into the ecosystem. It is simply important to remember that whoever controls the private keys controls the bitcoin attached to those keys.
A misunderstanding of this point has led to hundreds of millions of US dollars being lost in the past, so it’s important to understand this critical difference in how Bitcoin private keys can be stored.
Understanding how bitcoin wallets work is an important aspect of safely using this new technology. Bitcoin is still in its early years of development and wallets will become much more user-friendly in time.
In the near future, certain devices may eventually come with pre-installed wallets that interact with the blockchain without the user’s knowledge.
For now, it’s vital to keep in mind that the private keys are what you need to protect if you want to keep your bitcoin safe from hackers, user error, and other possible issues.
Theft and Scams
No matter which wallet you choose, remember:
Your bitcoins are only safe if the private key was generated securely, remains a secret, and--most importantly--is controlled only by YOU!
Here are two examples where users got ripped off by leaving bitcoins in the care of a third party:
To avoid theft, scams, and any other loss of funds, follow these three basic principles:
- Generate your private keys in a secure, offline environment. (Except if using trivial amounts, in which cases keys may be created in a hot wallet).
- Create backups of your private keys. This helps to protect against the loss of your bitcoins due to hard drive failure or some other problem or accident. Ideally you should have a duplicate set of backups kept off-site to protect against the possibility of fire, robbery, etc.
- Encrypt wallets to provide additional security. This helps prevent the physical theft of your funds in the event that your device or hardware wallet is stolen.
Securing your bitcoins properly is the most important step for any Bitcoin user.
With Bitcoin you have the privilege - but also the responsibility - to safeguard your own money. There have been countless scams related to Bitcoin that could have been prevented had people not entrusted others with their bitcoins.
It’s a good rule of thumb to never trust anyone else with your money.
Bonus Chapter
Bitcoin Wallet Frequently Asked Questions
Bitcoin wallets. What are they?
Bitcoin Wallets let us send, receive and store Bitcoin amounts all the way down to the Satoshi unit.
Wallets secure funds by guarding our private keys. These private keys act as the proof of ownership for our Bitcoins. As such, a Bitcoin wallet is like a key to your safe deposit box on the Blockchain.
What is a private key?
Private keys emerged as a way to communicate securely through insecure communication channels.
Historically, before the advent of public key cryptography, the greatest cryptographic weakness was the inability to communicate the ‘key’ that makes sense of encrypted messages. As a solution, the use of two keys (public and private) entered the picture.
It’s a nifty little trick.
Keys come in pairs. The public key is used to encrypt the message whereas the private key decrypts the message. The only person with the private key is you. Everyone else is free to have your public key. As a result, everyone can send you encrypted messages without having to agree on a key beforehand. They simply use your public key and you untangle the gibberish by using your private key.
Why should I care about private keys?
At the end of the day, all of this can go over your head without much danger. Just remember that it’s good to know what you’re dealing with. Bitcoin wallets make use of a fundamental cryptographic principle that we use for things ranging from https for websites or sending anonymous tips to Wikileaks. Most importantly, by understanding private keys you’ll have a much easier familiarizing yourself with Cold Storage wallets.
What is a Bitcoin address?
A Bitcoin address is like an account number, just better. The address denotes which wallet the coins should be sent to. Like a bank account number, where the difference lies in the wallets having multiple addresses. These can be customized by including payment request information such as an amount and a date of expiration.
What should I know about addresses?
Bitcoin wallet addresses are case sensitive, usually have 34 characters of numbers and lowercase letters, start with either a 1 or a 3, and never use 0, O, l and I to make every character in the address as clear as possible. That’s a lot to take in. But don’t worry. What they consist of is largely irrelevant to you. Just know they’re a string of characters that denote a destination on the Bitcoin Blockchain.
How do I generate a Bitcoin address for my wallet?
How to generate a new Bitcoin Address varies between wallets. Some manage your addresses for you. Others give you full control. As with many other Bitcoin technologies, the option to dirty your own hands is always open.
If you do end up taking the easier route, just press a button to generate a new address for your wallet.
Some wallets, like Electrum, allow you choose in how many blocks your transaction should be confirmed. The faster you want your payment to go through, the more you will have to pay miners for confirming your activity. We find here another difference between Bitcoin wallets and Bank accounts. Given the right wallet, the control and oversight that we have over our transactions is far more extensive than that of the traditional banking system.
How do I fund a Bitcoin Wallet?
First, acquire some Bitcoins. Go through an exchange in your country, ask an acquaintance to share, or use Buybitcoinworldwide.com if you want as seamless of an experience as possible. The purchased coins can then be sent to your wallet by specifying one of its addresses.
Some wallets, particularly online ones, also let you buy coins. Keep in mind that these come with larger exchange margins which are best left alone.
Are Bitcoins safe?
Is Bitcoin a safe way to store value digitally? Are we wise to save our coins on our computer? It’s true that online wallets are necessarily more dangerous than offline wallets. However, even offline wallets can be breached, meaning that security in the Bitcoin world depends largely on following good practices. Just like you would avoid flailing your bills about in a dangerous place, you should make sure to keep your passwords and keys as safe as possible.
How do I secure my Wallet?
- Secure your computer
- Restrict unsupervised access. Set a strong password and close all ports and maintain a strict firewall.
- Frequently change address. Use a different address for every transaction.
- Multiple Signatures (Multi-sig). Multiple private keys to deter breaches.
Where are Bitcoins stored?
Bitcoins simply consist of a string of data. That’s why they can be stored anywhere. You could paint Bitcoin on a wall with your blood. Nobody does that though. Hopefully.
Instead, we store BTC on computers because we need them handy to trade. After all, we need to be connected to the internet to send value from one wallet to another over the Blockchain.
How do I open a Bitcoin account?
To some readers this might seem like a weird question. Truth is, people coming from a financial or business background are likely to expect Bitcoin to be a direct alternative to our current financial system. This is not the case.
You don’t need a Bitcoin account. There is no such thing really. You just need a wallet. The only accounts you might encounter are online wallets that are separated into various accounts via a user system.
How do I know which wallet is best for me?
Let’s be honest. It’s unreasonable to expect anyone else to make this decision for you. After all, your preference depends entirely on your personality and needs. So just be honest with yourself.
Frankly, you shouldn’t need anything complicated if you’re using the wallet for simple internet expenses or as a way to save money.
If, however, you’re planning to run a Bitcoin centered business make sure to use advanced wallets that support automated mass payments.
Any common mistakes to be careful of?
First of all, don’t rest your money in an exchange wallet. Keep your coins in an environment where you have complete control.
Secondly, don’t keep all of your coins in one place. You’ll be crushed if you lose access to a wallet with all of your funds.
Thirdly, double check the target address. Bitcoin transactions cannot be reversed, so don’t lose your coins forever to a stranger!
Last of all, use trusted online wallets (if at all). Don’t just trust anyone with your money. Make sure that the online wallet provider has a reputation of upholding the highest possible security standards.
Security Risks with Hardware Wallets
Hardware wallets are more secure than any other software wallet, like one that runs on your Android or iOS device, or desktop. However, hardware wallets have some unique security risks to be aware of.
Tampering of the Device
We always recommend to order directly from the hardware seller. This is because someone can buy a hardware wallet, tamper with it, and sell it used. They could program it to steal any bitcoins or add a back door.
Most hardware wallets add some special kind of tape on the packaging to try to make any tampering more noticeable. This is another reason we recommend only ordering from the hardware wallet company, and not from a website like eBay.
Bad Random Number Generator
Bitcoin private keys are based on cryptography. Random number generators, also called RNGs, are used to create the private keys that secure bitcoins.
If the random number generator is not random enough, that means someone else can recreate the private key of the hardware wallet easier. This attack has happened in the past with blockchain.info, a web wallet. Over 300 BTC were lost because blockchain.info did not use good RNG, so a hacker was able to generate the private keys again and steal coins.
One way to help prevent this is to use the hardware wallet’s custom 25th word. TREZOR, for example, allows you to add a 25th word to the 24 word seed. This means that you can technically add your own RNG to the computer generated RNG to ensure your private key will be truly based on good RNG.
What happens if the hardware wallet company goes out of business?
All hardware wallets listed above work with other wallets. So, if the hardware wallet company goes out of business you will still be able to use your wallet with a different wallet like Electrum.
Let’s say you use TREZOR with TREZOR’s myTREZOR wallet. TREZOR goes out of business and no longer supports myTREZOR wallet and it gets shut down.
You could, in just a few minutes, download Electrum on your computer. Once installed, you’d setup your TREZOR and all of your transaction history and balance would get imported and be exactly the same. This is because Electrum will use the same 24-word seed you generated with TREZOR on setup.
Which wallets can be used for each device?
Ledger Nano S, KeepKey and TREZOR all work with:
- Mycelium (Android version only)
- Electrum for Mac, Windows and Linux
- Multibit HD
- GreenAddress
Do these hardware wallets work for Ethereum?
Yes, all of these wallets work with Ethereum, Litecoin and many other coins.
TREZOR and Ledger both have blog posts explaining their integrations with various Ethereum wallets.
The hardware wallet tells me to write down the 24 word seed on paper.
Should I take a picture of the seed with my phone as a backup?
The seeds generated by hardware wallets are meant to be written down only. By taking a picture of your seed with an internet connected phone, you put your entire wallet on a device that is connected to the internet and easier for hackers to get into. Please do not do this!
Why do the hardware wallets have buttons?
The buttons are used to confirm transactions. In order to send a transaction, you must physically press or hold buttons on the devices. This is a security feature. If a hacker were to access the hardware wallet somehow, the hacker still would not be able to send a TX without physical access to the buttons. Read more about this in TREZOR’s security philosophy.
Do hardware wallets work with Coinbase?
One of the most frequent questions we get asked is how Coinbase works with hardware wallets.
It’s a trick question!
Coinbase does not work directly with hardware wallet. You should, however, send bitcoins from Coinbase directly to your hardware wallet once you buy. Never store bitcoins on Coinbase or any other exchange for long periods of time.
Too many people in the past have lost money from hacks like Bitfinex and Mt. Gox.
So, yes, use a hardware wallet in conjunction with Coinbase. Buy on Coinbase, then send to hardware wallet.
Also, what we said above goes for ALL exchanges. Use Bitstamp? Cool! Once you buy bitcoins on Stamp, send the coins to your hardware wallet. The same goes for Kraken, Poloniex, or any other exchange or service that holds your coins!
What other kinds of wallets can I use?
Other wallet types are hot wallets. This means they are wallets run on an internet connected computer.
Android wallets, iOS wallets and desktop wallets are all examples of this.
How many backups of my seed should I create?
We recommend keeping at least two backups of your seed in multiple locations.
You can also laminate your seed to protect against water damage or any other damage.
Keeping your seeds in fire proof safes can help protect in the event that the storage location is burned down.
Another option is to put your seed into metal manually using stamps, or using cryptosteel.
What happens if someone finds my 24 word seed?
Unless you’re using a 25th word, someone who finds your 24 word seed can sweep your entire wallet.
Coinbase is a web wallet with a simple design and a number of very useful features that make it excellent for beginners. You can send and receive bitcoins via email and buy and sell bitcoins directly from Coinbase.
Once you get the hang of things, it is better to move your coins off of Coinbase and into a wallet mentioned above like the Ledger Nano S . Coinbase is a good place to buy bitcoins and learn how it works, but not a good solution for long term storage.
A full-featured Android app enables access to all account functions on the go. Coinbase’s founders have a proven startup track record and have raised money from very prominent venture capitalists. This gives Coinbase a level of legitimacy unparalleled in the Bitcoin space. They are also one of the only large Bitcoin companies to never suffer a major hack. Click here to sign up.
Electrum is a software wallet that enables you to set up a strong level of security very quickly. During the simple installation process, you are given a twelve word phrase that will allow you to recover all of your bitcoins in the event that your computer fails. Your wallet is also encrypted by default which helps protect your coins against hackers. Electrum is available for Windows, OSX, and Linux and is our recommended software wallet for beginners. Click here to download the right version for your operating system.
Bitcoin Wallet for Android
For those looking for mobility and security, we recommend the simply-titled Bitcoin Wallet mobile app. There is a version for both Android and BlackBerry OS . It is a software wallet, so you retain complete control over your bitcoins. It also works well with QR codes and NFC, making transferring coins to someone else’s phone easier than writing a check. Be sure to backup your wallet (with the included “Backup Wallet” feature) or you risk losing all your coins the next time you get too close to a pool.
Other Wallets
We also recommend a few other wallets, but not for the beginning Bitcoin user. If you are up for more of a challenge, Armory is a good choice for those requiring the highest possible security, and the original Bitcoin-Qt client is also trusted and worth learning how to use.
Now that you have a wallet set up, it’s time to learn how to get some bitcoins .
12 Best Mobile Bitcoin Wallet Apps For iOS And Android Smartphone
How do you sign up with BitCoin? Bitcoin is different from Internet Banking you know and use every day. It is like a credit card or Paypal but different, before you start using Bitcoin for any serious transaction, be sure to read what you need to know and take appropriate steps to secure your wallet. This is because there are cases of people losing millions due to hacking, or losing all their coins in their wallet when the company goes bankrupt.
Always remember that it is your responsibility to choose your wallet carefully and adopt good practices in order to protect your money. Find your wallet and start making payments with merchants and users. Works great on Android 8.0 Oreo / Android 9.0 [ Popsicle, Pancakes or Pie ] smartphones such as Samsung Galaxy, Huawei Mate, Oppo, Vivo, XiaoMi, Nokia, and also Apple’s iOS iPhone.
↓ 01 – Bitcoin Wallet | Google Android
Have your Bitcoins always with you, in your pocket! You pay by quickly scanning a QR-code. As a merchant, you receive payments reliably and instantly. Bitcoin Wallet is the first mobile Bitcoin app, and arguably also the most secure!
- No registration, web service or cloud needed! This wallet is de-centralized and peer to peer.
- Display of Bitcoin amount in BTC, mBTC and µBTC.
- Conversion to and from national currencies.
- Sending and receiving of Bitcoin via NFC, QR-codes or Bitcoin URLs.
- Address book for regularly used Bitcoin addresses.
- When you’re offline, you can still pay via Bluetooth.
- System notification for received coins.
- Sweeping of paper wallets (e.g. those used for cold storage).
- App widget for Bitcoin balance.
↓ 02 – Airbitz | Apple iOS | Google Android
Powerful and easy to use bitcoin wallet allowing users to easily control their own bitcoin private keys with the familiarity and ease of mobile banking. Take control of your funds! With Airbitz, only YOU have access to your funds or transaction info. Neither Airbitz or any 3rd party can access your money or data. You get the financial privacy and autonomy bitcoin was designed for with the ease of use even grandma could handle. With a focus on delivering an amazing user experience, the Airbitz wallet provides the following great functionality:
- Zero-knowledge & zero-access to user funds, keys, or transaction data by Airbitz or 3rd parties
- Integrated purchase of discounted gift cards (20% off Starbucks!)
- Integrated bitcoin buy / sell from a linked bank account
- Simple account creation using just a login & password (no printing of PDFs, writing down pass phrases, or adding encryption settings)
- Hierarchical Deterministic wallets with changing addresses per transaction
- Search transactions by payee, category, or notes
- Spending limits (require password or PIN to spend above limits you set)
- Decentralized server architecture. Wallets work even if Airbitz servers are down.
↓ 03 – breadwallet | Apple iOS | Google Android
breadwallet is your on ramp to bitcoin – the future of money. Intuitive and secure, breadwallet gives you complete control over your bitcoin. Send and receive bitcoin payments instantly, with the safest mobile wallet available.
breadwallet is the only iPhone wallet which connects directly to the bitcoin network. This means that there are no servers to get hacked or go down – your funds are always safe. Even if your phone is lost, damaged or stolen, you can easily recover your funds using your personal recovery phrase. Designed with beautiful simplicity as the core design principle, breadwallet is easy and intuitive for anyone to use. Now everyone can participate in the future of money.
- Send and receive bitcoin payments in seconds, online or in person
- One button payments to bitcoin-accepting merchants and websites
- Store your bitcoin safely and securely using built in hardware encryption
- Simple recovery phrase enables you to recover funds when your device is lost or broken
- Direct bitcoin network client – no servers to get hacked or go down
breadwallet is open source and free. There are no extra transaction fees or costs. Send any amount of money to anyone in the world instantly. This is how money should be.
↓ 04 – Bither | Apple iOS | Google Android
With Bither wallet running on cold or hot mode, you can use Bitcoin as simple as cash or credit card.
-
Bither Cold Wallet Features:
-
Bither Hot Wallet Features:
- Hot wallet running on online mode (Daily phone).
- You can easily monitor your Bitcoin savings with Watch Only mode.
- You can prepare unsigned transaction for Watch Only address.
- Hot wallet also supports private keys, you can save some pocket money in this kind of addresses.
- Decentralized and P2P (peer to peer) Bitcoin wallet, no registration or login needed.
- Realtime price of major Bitcoin Exchanges.
- System notification for new transactions.
↓ 05 – GreenBits | Google Android
GreenBits is a native Android Bitcoin wallet for GreenAddress’ wallet service. This wallet provides security, privacy, and a great user experience.
- SPV Validation client-side
- Connect to your own Bitcoin full node for additional security and privacy (even over Tor!)
- Easy paper wallet backup via BIP39 mnemonics
- 2FA via phone/sms/e-mail
- Multisignature addresses between client and server, for enhanced security
- Instant transaction confirmation with GreenAddress transaction attestation [link here to more details]
- In the event of service disappearance funds can be recovered via nLockTime transactions and our open-source tools[link to Gentle]
- Hardware wallet support such as Ledger, Trezor, and KeepKey
↓ 06 – Mycelium | Google Android
With the Mycelium Bitcoin Wallet you can send and receive Bitcoins using your mobile phone.
The unparalleled cold storage functionality allows you to 100% secure your funds until you are ready to spend them, works for your paper wallets, private keys, master seeds.
- 100% control over your private keys, they never leave your device unless you export them
- No blockchain download, install and run in seconds
- HD enabled – manage multiple accounts and never reuse addresses (BIP32, BIP44)
- Ultra fast connection to the Bitcoin network through our super nodes
- Watch-only addresses & private key import for secure cold-storage integration
- Secure your wallet with a PIN
- Compatible with other bitcoin services through bitcoin: uri handling
- Support for BIP38 Keys
- Find other people to trade Bitcoins with in person using our Local Trader feature.
↓ 07 – Green Address | Apple iOS | Google Android
GreenAddress Cordova is a multi-platform Bitcoin Wallet service. This wallet provides security, privacy, and ease of use through multi-platform mobility.
- Easy paper wallet backup via BIP39 mnemonics
- 2FA via phone/sms/e-mail
- Multisignature addresses between client and server, for enhanced security
- Instant transaction confirmation with GreenAddress transaction attestation greenaddress.it/faq
- In the event of service disappearance funds can be recovered via nLockTime transactions and our open-source tools
↓ 08 – Coinomi | Apple iOS | Google Android
Absolute control of money and privacy at any given time is not negotiable. Bitcoin, Ethereum and numerous other altcoins always on you, securely with our cross-chain enabled mobile hybrid wallet.
- Multi-Coin – Native support for bitcoin and most major altcoins. Continuous integration of key alt-coins.
- Superb Security – Your private keys never leave your device. Strong wallet encryption and cryptography guarantee that your funds will remain safe under your ultimate control.
- Enhanced Privacy & Anonymity – No KYC bureaucracy to access your funds, no IP association, no identity linking, no transactions tracking. Our servers anonymize your requests by hiding your IP from prying eyes.
- Exchange Inside – Convert between altcoins instantly from within the app, through our strategic partner ShapeShift.
- One-time Backup – Hierarchical Deterministic Wallet (BIP44) enables you to keep everything accessible and secure with just one super-passphrase which you only have to back-up once and for all.
- Open Source & Transparent – No hidden code, no malicious modules, no exploits, no small letters. Our code is publicly available and publicly reviewed.
- Streamlined & User Friendly – Advanced technology enables you to use your altcoins to pay directly to bitcoin addresses and vice versa. No extra steps, no endless sign-ups/ins. One-click cross-chain payments.
- Lightweight & Community Driven – Top engineered, runs smoothly even in older, low-spec devices. Reduced power consumption and data usage. No need to download huge blockchain files locally. New features are constantly crowdsourced.
Coinomi Bitcoin & Alt-coin Universal wallet, supports the following digital coins: Bitcoin, Asiacoin, Auroracoin, Bata, Blackcoin, Canada eCoin, Cannacoin, Clams, Clubcoin, Dash, Digibyte, Digitalcoin, Dogecoin, EDRCoin, e-Gulden, Ethereum, Feathercoin, GCRCoin, Gulden, IXCoin, Jumbucks, Litecoin, Monacoin, Namecoin, Neoscoin, NovaCoin, NuBits, NuShares, OKCash, ParkByte, Peercoin, Potcoin, Reddcoin, Richcoin, Rubycoin, Shadocash, Solarcoin, Syscoin, Verge, Vertcoin, and Vpncoin
↓ 09 – CoinSpace | Apple iOS | Google Android
CoinSpace is a free HD bitcoin wallet, which you can use to make worldwide payments for free. Complete control of your finances for your Android mobile phone. Take your Bitcoins with you on your phone.
It’s cheap. It’s transferable. It’s fast. It’s not owned by a company. It’s secure. Be your own bank with CoinSpace.
- Secure passphrase generation (your master private key), no one else can access your Coin.Space wallet.
- Each transaction generates a new address in the BIP32 tree, for maximum privacy.
- Support for OpenAlias to send and receive payments.
- Quickly scanning a QR-code.
- Use the geo-location feature (Mecto) for transactions with nearby users. Mecto never displays your exact location on a map to other users. Instead, you simply appear on a list if the person searching for you is within the same area.
- Single-tap balance conversion into your chosen fiat currency.
- Supports Bitcoin and Litecoin with more coming soon.
CoinSpace free wallet makes paying with bitcoins easy and secure available anywhere on your phone (mobile) or desktop (web). Make more value with your virtual bitcoins wallet for free.
↓ 10 – Copay | Apple iOS | Google Android | Microsoft Windows 10
Secure bitcoin on your own terms with an open source, multisignature wallet from BitPay. Copay users can hold funds individually or share finances securely with other users with multisignature wallets, which prevent unauthorized payments by requiring multiple approvals. We built the following features into this version of Copay for a bitcoin wallet that doesn’t compromise on security or accessibility:
- Multiple wallet creation and management in-app
- Intuitive multisignature security for personal or shared wallets
- Easy spending proposal flow for shared wallets and group payments
- Hierarchical deterministic (HD) address generation and wallet backups
- Device-based security: all private keys are stored locally, not in the cloud
- Support for Bitcoin testnet wallets
- Synchronous access across all major mobile and desktop platforms
- Payment protocol (BIP70-BIP73) support: easily-identifiable payment requests and verifiably secure bitcoin payments
- Support for 150+ currency pricing options and unit denomination in BTC or bits
↓ 11 – Simple Bitcoin | Google Android
Simple Bitcoin is a standalone wallet for Android devices which does not depend on any centralized service and gives you full control over your precious bitcoins. Here are some reasons to use it:
- A single-page application which allows you to store your bitcoins securely and transfer them easily.
- It is an HD wallet which means your balance and full transaction history can always be restored using a single mnemonic code should anything bad happen to your device.
- This wallet is lightweight and blazingly fast. It works well even on a slow internet connections.
- Wallet data is encrypted and password-protected. Emergency Lock and Destruction Code can preserve your funds in a situation when you are forced to reveal a password.
↓ 12 – Electrum | Google Android
Securing Bitcoin payments since 2011, Electrum is one of the most popular Bitcoin wallets. Electrum is fast, secure and easy to use. It suits the needs of a wide spectrum of users.
- Safe: Your private keys are encrypted and never leave your device.
- Forgiving: Your wallet can be recovered from a secret phrase.
- Instant On: Electrum uses servers that index the Bitcoin blockchain making it fast.
- No Lock-In: You can export your private keys and use them in other Bitcoin clients.
- No Downtimes: Electrum servers are decentralized and redundant. Your wallet is never down.
- Proof Checking: Electrum Wallet verifies all the transactions in your history using SPV.
- Cold Storage: Keep your private keys offline and go online with a watching-only wallet.
Best Bitcoin Wallets for iOS (iPhone, iPad)
Last updated on January 2nd, 2018 at 12:00 am
In the past month I’ve been covering the best possible Bitcoin wallets of each type (Android, desktop and hardware). For the final post in this series I’d like to review the Bitcoin wallets available for iOS. Five years ago, your choices for bitcoin wallets was more limited, but in 2017 there are so many options that it can be overwhelming at times.
Before going any further, make sure you familiarize yourself with the basics of Bitcoin wallets through this video:
Now that we’ve got the basics covered, it’s time to review the best Bitcoin wallets available for your iPhone or iPad.
If you’ve watch the video from start to finish you probably already know that bitcoin wallets for iOS devices are, in many ways, the least secure wallets available.
Why? First, your phone can be stolen, and even if you have a password or fingerprint sensor, a skilled thief might be able to gain access. Second, you could simply lose or break your phone. If your bitcoins are stored directly on your phone, it’ll also contain your private key. Thus, if something happens to your iPhone or iPad your bitcoin wealth will be at risk.
However, you can create a backup wallet using 12 to 24 word seed phrase. With this phrase on hand, you’ll be able to access a backup of your wallet. It’s recommend that you put your seed phrase in “cold storage”, or physical form. And if you do store in digital form, make sure it is heavily encrypted and otherwise protected.
Now let’s move to the list of wallets.
First Thing’s First- Coinbase is Not a Wallet
Many people just getting started with bitcoin think that Coinbase is a wallet. It’s not. It is an exchange, or marketplace where you can buy and sell bitcoins. In the past, Coinbase positioned itself as a hybrid exchange/wallet. However, the inherent difficulties and risks of such a setup has resulted in the company shifting towards being a pure exchange.
Do. Not. Store. Your. Bitcoins. On. Exchanges. This is one of the biggest rookie mistakes you can make. Exchanges are not meant for long-term, safe storage. Wallets are. So, get a wallet!
#1- Breadwallet iOS Bitcoin Wallet
If you’re looking for a “bread and butter” wallet, Breadwallet should be at the top of your list. This wallet is stupid easy to use. There are two primary functions: send & receive. It’s a simple as that that. Open source code helps make this wallet a bit more secure, however, a lack of advanced security measures mean it might not be as secure as some other wallets.
#2- MyCelium iOS Bitcoin wallet
First, let’s jump into the downside of MyCelium: it’s a touch more complicated than other wallets. The reason why, however, is a tremendous upside: the “complications” are a result of advanced security futures. When it comes to bitcoin and protecting your wealth, the slight “inconveniences” (I struggle to even call them that) are more than worth it.
Further, MyCelium is an open source software. That means the whole community is on the look out for security flaws. Also, updates are frequent, and they usually result in increased usability and security.
#3- Copay iOS Bitcoin Wallet
Copay is designed by Bitpay, this co-signature wallet requires two people to sign off an on a transaction before it can be completed. This makes it more difficult for hackers and other unsavory types to try to steal your wealth. Available not just on iPhones or iPads, but also Android and desktop, this is a great wallet for security.
#4 Jaxx iOS Bitcoin Wallet
Jaxx is a bit of a controversial wallet, and that needs to be put front and center. Proponents of the wallet argue that it’s one of the best mobile wallets, and with good reason. The wallet works with a huge range of crypto-currencies, has a great, easy-to-use interface, and can be paired across devices.
Critics note that it’s not an open source platform. It’s hard to see the code behind the machine, so to speak, which makes many people uncomfortable. Give this, I’d recommend storing only a small amount of bitcoin or other currencies on Jaxx. Should the software be made open source, Jaxx might rise up the rankings.
#5 Airbitz iOS Bitcoin Wallet
Airbitz is an open source wallet. Its interface resembles the user-friendly BreadWallet interface, but the wallet also features some “newbie” friendly features. For example, there are listings of merchants that accept bitcoin, and ways to buy discounted gift cards.
Conclusion – Words of advice for your iPhone / iPad Bitcoin wallet
Remember, a bitcoin exchange IS NOT a safe place to store your bitcoins. A bitcoin wallet will offer much better security features than your typical bitcoin exchange. Even when using a wallet, we recommend adhering to the following points:
- ALWAYS set a pin to protect your wallet
- Write down your 12 – 24 seed phrase and store it somewhere safe
- DO NOT store large amounts of bitcoins on your mobile wallet, only on hardware wallets.
Treat bitcoin like you’d treat your other typical financial accounts, gold, and over valuable assets. If you have any comments or questions feel free to leave them in the comment section below.
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[–]DogeSexy 0 очков 1 очко 2 очка 3 года назад (1 дочерний комментарий)
[–]ivanraszl 1 очко 2 очка 3 очка 3 года назад (0 дочерних комментарев)
[–]djleo 0 очков 1 очко 2 очка 3 года назад (0 дочерних комментарев)
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[–]ivanraszl 0 очков 1 очко 2 очка 3 года назад (0 дочерних комментарев)
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[–]burlow44 0 очков 1 очко 2 очка 3 года назад (0 дочерних комментарев)
[–]n0mdep -4 очков -3 очков -2 очков 3 года назад (1 дочерний комментарий)
[–]physalisx 0 очков 1 очко 2 очка 3 года назад (0 дочерних комментарев)
[–]BashCo 1 очко 2 очка 3 очка 3 года назад * (0 дочерних комментарев)
[–]ivanraszl -2 очков -1 очков 0 очков 3 года назад (0 дочерних комментарев)
[–]Mattjhagen -1 очков 0 очков 1 очко 3 года назад (0 дочерних комментарев)
[–]eragmus -1 очков 0 очков 1 очко 3 года назад * (2 дочерних комментария)
[–]Numericide 0 очков 1 очко 2 очка 3 года назад (1 дочерний комментарий)
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Best Bitcoin Wallets for Desktop/Laptop/Web/Android/iOS
Bitcoin wallets are the first step towards migrating from the traditional currency to Bitcoin. You’ll need a Bitcoin wallet for almost anything even remotely related to Bitcoins.
You’ll need to them to send/receive or even store funds. Basically, they’re like your online pocket for Bitcoins, and you can’t operate and use Bitcoin without having Bitcoin Wallets, or the Best Bitcoin Wallets to be precise, because otherwise you won’t have any Bitcoins to use.
That’s what this piece deals with, I’ll compare, analyze the pros and cons and list the best Bitcoin wallets available for you.
The problem is there are over a hundred Bitcoin wallets in the industry, but the security and other features with those Bitcoin wallets highly differ, and if you make the wrong choice, you might as well dump your BTCs down the sewer.
So you need to be 100% sure about which Bitcoin wallet you’re choosing, and why it’s best for your needs.
Types of Bitcoin Wallets
Before diving deeper into the best Bitcoins wallets for you to use, you need to get a firm grip on the types of wallets, their features, uses and differences, only then can you make a smart choice.
b). Hardware Bitcoin Wallets
These are specially built computers or smartcards which are built with the sole goal of generating Bitcoin Private keys. They can be used to make transactions as well, but it’s all in an offline environment. (They can again be broken down into Ledgers, Trezors, Keepkeys etc.)
a). Software Bitcoin Wallets
This is being listed at #1 for the simple reason that this piece deals with the different types of “Software Bitcoin Wallets”, which can be downloaded on your cellphones, computers or tablets and be accessed from there.
These software wallets are also called “Online wallets” as these can be accessed from any “internet” enabled device. The user gets access to their wallets via their Private keys, Passwords, Wallet Identifiers etc.
Although there are other kinds of wallets (which are out of the scope of this piece, for the sake of keeping this article simple and easier to grasp), but let’s just name them out:-
c). Paper Bitcoin Wallets
Paper wallets aren’t very advanced, but extremely secure. They use an offline computer to print your private keys on paper. So no digital footprint left, nothing to hack or decrypt.
That’s about the length and breadth of the “Types” of Bitcoin wallets, now let’s get down to why you came here for.
Best Bitcoin Wallets
We will be dealing specifically with “Software Wallets”, wallets which are accessible from either one, or all of the three devices listed below when connected to the Internet.
- Desktop / Laptop
- Web (Internet Browsers)
- Mobile / Tablets
Best Bitcoin Wallets for Laptop/Desktop

Bitcoin Core

MultiBit HD



Best Bitcoin Wallets for Web
Green Address
Best Bitcoin Wallets for Mobile
Green Bits
Bitcoin Wallet
Simple Bitcoin
BreadWallet
a). Desktop Wallets
Desktop Wallets are Wallets which are accessed from a Desktop or a laptop, basically any “computer based operating system”. Primarily Windows or Linux.
They can be accessed via a specific application/software made for the platform.
1). Electrum
Compatible With: Mac/Windows/Linux
When it comes to best Bitcoin wallets, security is the primary factor I take into considerations, it honestly is hard to find an alternative which can compete against the security and reliability provided by Electrum.
Encrypted keys, secret phrases, 2FA, MultiSig, and eyes-only mode etc are just some of the superpowers Electrum is willing to share with you should you choose to choose Electrum as your Bitcoin wallet.
Electrum Bitcoin Wallet Features:
- Encrypted and Personalized Private Keys :- Your private keys are encrypted, and don’t ever have to leave your primary computer system.
- Recover funds using secret phrase: – Loosing Bitcoins because you forgot your password is an age-old problem, well Electrum allows you to recover your funds easily using a secret passphrase.
- Eyes-only Mode: – Having to interact or expose your Private keys to the Internet isn’t very safe, hence Electrum offers you “cold storage”. A feature where you can keep your private keys on an offline computer, and use a “eyes-only” wallet when you’re online.
- Less Third-party Reliability needed: – Electrum uses SPV (simplified payment verification) and random servers to verify a transaction, minimizing the need of involving third-parties to validate the transactions.
- Two-factor Authentication: – Gaining access to any single system won’t let anyone hack into your Electrum wallet. They use two-factor authentication, meaning two devices are required to log in to your system. (Generally your computer, and cell phone!)
- TOR Compatible: – TOR is well-known for its privacy and anonymity. Well Electrum lets you use TOR along with your wallet to ensure that your payments can’t be traced back to your IP address.
- Mutisig: – It’s an unique feature which splits your wallet’s coin-spending abilities between various wallets.
Other notable features include:
- Zero downtime.
- Fast launch and usage interface.
- Third-party add-ons supported.
Bottomline being, electrum is just as secure as it gets when it comes to best Bitcoin wallets.
2). Bitcoin Core
Compatible with: Windows/Mac/Linux
One of the most reliable Bitcoin wallets in terms of security. It uses the “Consensus” (shared acknowledgement) which makes sure that people are accepting only valid Bitcoins. One of the rare features which helped it top this best Bitcoin wallets chart.
Extremely conscious about the user’s security and privacy (anonymity) it can be the best Bitcoin wallet you’re looking for if you’re somewhat of a private person.
Some of its strongest suits are individual verification, decentralization, watch-only mode and third-party wallet integration!
Bitcoin Core Wallet Features:
- Verifies Blockchains Individually (Zero third-party trust needed!): – Bitcoin Core has been programmed such that every user accepts only “Verified and Valid blockchain transactions”. It verifies each transaction on its own, making sure that the transaction is completely valid, and by doing so it doesn’t have to trust the miner who created the block. Hence it grants you full validation, eliminating the need of trusting any third-party to validate the transaction completely.
- No Signup Required: – Talk about anonymity, and Bitcoin core grants it to you. It doesn’t require you to Signup or reveal your real-world identity in anyway during any kind of transaction.
- Better Privacy: – There are a number of factors which work towards making Bitcoin Core one of the most private Bitcoin Wallets existing in the industry. Bitcoin core doesn’t have access to:-
- o Your real name.
- o Your BTC wallet amount.
- o Your IP address.
- o Other transaction details.
So in other words, it’s almost like a standalone platform totally disassociated from your identity.
- Complete Blockchain Download: – If you wish to individually verify which Blockchains have paid you (out of the millions existing on the network), the best way is to download the complete Blockchain transactions records, isn’t it? Well Bitcoin Core lets you download the complete 100million Blockchain transactions.
- TOR Compatible: – It allows usage of TOR for added privacy and anonymity.
- Decentralized Peer Discovery: – As a general rule, Bitcoin Programs need “peers” to work. Most weak and non-private wallets ask a “centralized authority” for peer recommendation everytime they connect to the network. While Bitcoin core goes the extra mile, and it uses the “centralized authority” only once for peer recommendations. The next time it starts, it asks the peers it found last time for more peer recommendations and this chain continues. This makes sure that Bitcoin Core is on a 100% decentralized P2P network hence making sure of better and stronger privacy.
- Third party lightweight Wallet Integration: – Bitcoin core also allows you to integrate other lightweight wallets to your Bitcoin core, so you can use those wallets without losing the security and privacy which are being offered by Bitcoin core.
- Watch-only Wallets: – Similar feature as was offered by Electrum, Bitcoin Core too allows you to store your private key offline, while still access your wallet in a watch-only mode.
Other surface features apart from security and privacy include:-
- Fee Slider: – Choose between “low fee” or “Fast transactions”.
- QR Code generator for easy payments.
- Send Many: – Allows sending a single payment to multiple addresses.
- Graphical as well as Command-line modes.
What I didn’t like:
Pertaining to the fact that Bitcoin Core connects to decentralized peers, offers better security and privacy and other advanced features, it uses a bit more system resources compared to Electrum and is a bit slower.
But wouldn’t you sacrifice couple seconds for a lot more privacy? I would.
3). MultiBit HD
Compatible with: Windows/Mac/Linux
MultiBit HD is again one of the first names which should strike you if you’re talking about the best Bitcoin wallets.
Fair warning though; it’s not as great as Electrum or Bitcoin Core, but it’s not “less” than them in many ways either.
Hardware wallet integration, funds control, transparency, “almost” decentralized validations are what you can safely be expecting from multibit HD.
MultiBit HD Bitcoin Wallet Features:
- Complete Control over your Currency :- As a MultiBit HD user, you get 100% control over your funds. At no point, under any circumstances can any other third-party edit/modify/spend or interact with your Bitcoin in any possible way.
- Little Third-party Validation Required :- It’s not capable of self-validating the transactions like Bitcoin Core, instead uses SPV and the Bitcoin Network to validate the transactions. Now it’s not the “best and most secure way”, but it sure works.
- Transparency :- MultiBit HD is an open-source platform its source code can be verified by anyone who is familiar with codes to check exactly how secure the platform is and that nothing is being hidden.
- TOR Compatible :- It allows the use of TOR for added privacy and anonymity.
- Graphical UI :- Even if you’re a first-time user, you won’t find it hard using MultiBit HD as it uses graphical user-interface for all the options on the platform.
- Added protection with KeepKey :- MultiBit HD can be integrated with Keepkey for an extra layer of protection. Keepkey is a Hardware wallet which makes it virtually impossible for hackers to steal your Bitcoins virtually.
- Supports 40 languages.
What I Didn’t Like:
It doesn’t use “Decentralized Peers” and this is what differentiates it from Bitcoin Core. Hence the peers can log your IP address and in some cases can associate
Compatible with: Windows/Mac/Linux
Copay despite being #4 on this list, is truly one of the best Bitcoin Wallets’ alternative you can go for when for some reasons Electrum or Bitcoin Core aren’t working for you. (Or if you just need more options!)
Full verification, Multisig, Multi-wallet and Testnet are just a few feathers in the Copay cap when it comes to being the best Bitcoin wallets in the industry.
Copay Bitcoin Wallet Features:
- Multiple Signatures Supported :- This is similar to “joint accounts” which we normally use in banks. Following a similar method, Copay allows you to authenticate multiple users/groups whose signature (approval) will be required before any transaction can be made. It truly is one of the best ways to secure your Bitcoin wallet.
- Multiple Wallets Supported: – It allows you to use multiple wallets within the same app. This helps you compartmentalize funds, and keep things separate.
- Full Payment Protocol :- It’s one of the most advanced payment verification algorithm existing in the Bitcoin industry, and that’s what Copay gets you, once any payment is sent, Copay verifies and makes sure it reaches its expected destination securely.
- Testnet supported :- Copay was the first ever Bitcoin wallet which started supporting Testnet for developers.
- 100% Open-Source :- By 100%, I specially aimed at indicating that Copay doesn’t only give us the app-code as open-source, but also the server. So basically every single part of Copay can be developed, edited and verified and tested for security by any individual.
- 100% Control over the Funds :- The funds are stored offline on your wallet and there are no back-doors or special permissions via which any group, agency or individual can access it without your permission.
- Supports Private BWS Node :- It even allows you the use of a private BWS node if you’re not satisfied with the default security and wish to add your own.
Things I Didn’t Like:
There’s a reason it’s placed at #4 despite having such impressive features:
- Doesn’t support TOR!
- Uses centralized authentication for peer recommendation everytime, leaving a lot of trust to the third-party blocks and miners.
Need a plethora of features in an easy to use environment? MSigna has got your back!
“Zero-trust” policy, MultiSig, Multi-device, full-validation, and the support for paper backups have clearly earned Msigna its place in the industry.
MSigna Bitcoin Wallet Features:
- Multisignature Transactions :- MSigna supports Multisignature transactions as well, that makes sure that even if one of your signatories’ devices are hacked, the funds still can’t be spent without the other required signatures.
- Offline Storage: – It grants you the feature to store your funds offline, so that there’s no way for any third-party to hack into your wallet or system in any way.
- Full Validation: – This is the most secure validation available to the Bitcoin network. MSigna makes it mandatory for you to use the “Full-node” software, which validates the transactions.
- Zero third-party Trust Required: – Pertaining to the fact that it works on a Full-node validation, it eliminates all and any kind of trust required in any third-party hence making the transactions 100% trustworthy.
- Multi-Device Synchronization :- It lets you synchronize your wallet on multiple devices for easy access from any one of them.
- Supports Paper and Electronic Backups: – MSigna allows Paper and electronic backups as well, and it has been proven time and again that Paper backup is truly the most secure backup you can ever have. (Considering you take some extra security measures to protect it!)
Apart from the “security” features, other user-friendly features include:
- Graphical UI: – Every option can be accessed with the mouse and keyboard so you won’t have to start writing command lines anytime soon.
- Fast: – Despite having the Full-validation feature, it’s still impressively fast. (Generally the validation uses lot’s of resources and space and hence slows the platform down, well not with MSigna!)
- Open Source: – The codes can be verified by any person for security, trust or any other issues.
Compatible With : Mac/Linux/Windows
Despite this being listed as #6 on this best Bitcoin wallet’s list, consider it a Bonus and feel free to try it out on any number, because the features it offers are in no way less than any other platform on this piece on the best Bitcoin wallet.
Armory Bitcoin Wallet Features:
- Full Validation: – This is the primary factor which earns Armory a place in this list on best Bitcoin wallets. It requires you to download and install “Full-Node” software which validates every payment/transaction. This is the most secure validation available for Bitcoin transactions.
- Zero Third-party trust required :- Full validation also makes sure that you do not need to trust any third-party’s opinion when it comes to validating any transaction.
- 100% Control :- Armory grants you 100% control over your funds and wallets. No third party can freeze or dump your wallet on your behalf.
- Extremely Private :- Armory is probably one of the very few wallets on this planet and this best Bitcoin wallets list which refrains from disclosing any private information to your peers, which makes it extremely secure, anonymous and impossible for the peers to link your transactions to your real-world identity.
- TOR is allowed for an extra layer of security.
- Cold-Storage: – It allows you to store your Bitcoin funds in an offline system, that’s what a cold-storage is. Being offline, the risks of the system being comprised or hacked are minimized to the minimum.
- MultiSignaure Supported: – As is the case with most of the platforms on this best Bitcoin wallets list, how could Armory not support MultiSignatures? So it does, securing your wallet with more than just one person’s authorization!
What I Didn’t Like:
Honestly? There is nothing not to like about Armory.
b). Web Bitcoin Wallets
Web Wallets are wallets which can be accessed on the “web” from your Internet browsers.
They do not need any kind of app or software, instead can be accessed with a simple URL.
Although there are two basic problems with any Web-wallet, and as they are universal we won’t consider them as “loopholes” for the sake of this article as they are a common occurrence with every single web-wallet:
- Hot Wallets: – Any wallet which is connected to the “Internet’ is called the hot-wallet, and is prone to hacking attempts.
- Centralized Validation: – As they aren’t independent applications, they can’t use “decentralized validation” for peer recommendations, hence they use centralized validation every single time.
One of the most reputed BTC web-wallets in existence, offers great security and other notable features.
Being a HD wallet it ensures a fresh address for each transaction, then there is the support for multiple Signatures and 2FA which makes sure there are no security loopholes existing.
BTC.com Bitcoin Web Wallet Features:
- Hierarchical deterministic wallet :- It’s the kind of wallet which uses HD to generate an unlimited number of addresses without having to suffer from “keypool exhaustion” problem.
- Allows multi-signature :- Like any other trustworthy wallet, BTC.com too allows you to operate the wallet as a “join account” requiring approval from more than one person to make transactions.
- Supports QR Codes:- It let’s you generate QR codes for easy payments.
- Two-factor Authentication :- It supports two-factor authentication for added security. So gaining access to any single device of yours won’t let anyone steal a dime from your wallet.
- TOR Compatible :- You can use TOR with the wallet to anonymize yourselves on the Internet. Considering it’s a hot-wallet, using TOR is more important than ever.
What I didn’t Like:
- Not 100% Control over funds: – We do not get 100% control over the funds. Instead they’re required to be approved for each transaction both from the users’ end, as well as the companies.
2). BitGo.com
BitGo and BTC.com are pretty much similar in terms of security, features and protection. So using either one of these works fine.
2FA, Spending limits, multi-sig and TOR support ensure your funds aren’t going anywhere without your permission.
BitGo.com Bitcoin Wallet Features:
- MultiSignature Allowed :- In order to protect the funds, BitGo allows you to use MultiSignatures. Hence expanding your level of security from just you, to the people whom you use as your signatories.
- 100% Funds Control (Almost): – You retain 100% access to your funds, and your account can’t be frozen, dumped or accessed by any other third-party. Although the “almost” came into existence because you’ll need the authorization of BitGo before you can make any “transactions”, hence taking away some % of control from you during the transactions.
- TOR allowed: – Allows you to use TOR for added protection and privacy.
- Two-factor Authentication is supported as well.
- Spending Limits: – You can set a spending limit on your account so that even if someone else gains access, and you’re not aware of it for a certain period of time, you don’t lose all your funds.
- Multi-User Access :- You can set multiple users to access your accounts, helps when you’re sharing your Bitcoin activities with a group or company.
What I Didn’t Like:
- Remote Funding :- The funds are loaded not from your own system, but from a remote location of the platform. Although it’s not a problem with a reputed brand such as BitGo, still we have to trust the BitGo team and their infrastructure with our funds.
- Transaction Fee also very high as compare to another web based bitcoin wallets.
3). Green Address
Green Address is one of my personal favorites when it comes to Online Bitcoin Wallets. Infact before using anything apart from BTC.com, Green Address should be your arsenal of choice. If not for couple features which BTC.com offers, I could almost term Green Address as the best Bitcoin wallet globally.
Green Address Bitcoin Wallet Features:
- Per-transaction two-factor Authentication :- They’ve taken the two-factor authentication to a new level, where you need to authorize every transaction on the two factors before it goes through.
- Spending Limits: – You can set limits to how much of your funds get spent in a single day.
- Watch-Only mode: – They also offer a watch-only mode where you can get into your account and check your balance, verify transactions etc without comprising your funds or Private keys as they are stored offline.
- Full Control Over Security: – They do not store your Private keys in any form under any circumstances.
- nLock ( Pre-signed Transaction): – It’s the feature which lets me sleep at peace with Green Address. If for some reason the Green Address wallet disappears, or the company is compromised, you still will get 100% of your funds once your selected expiry date passes.
- Quick Pin: – One of the other features which makes it a contender for this best Bitcoin Wallets list is the fact that you do not need to enter your passphrase every single time to log-in. Instead you can setup and enable a quick—in which can be used as well.
- Hierarchical Deterministic Wallet: – They use HD wallets to ensure that each new incoming transaction uses a new address to keep your identity secure and private.
- P2SH is used to make sure that all the transactions to and fro your Green Address wallet are transparent to the people you’re dealing with.
What I didn’t Like:
- There isn’t anything not to like about Green Address, apart from the fact that they have to use a centralized authenticator everytime for peer recommendations, as is common with any other online Bitcoin wallet.
4). Coin.Space
Coin.Space came into existence after “Hive” shutdown, and they adopted their source-code.
Then, coin-space brought to us an advanced version of “Hive”, so much so that they made it to this list of Best Bitcoin Wallets.
Offering HD wallets, total control, a master-key etc are just some of its superpowers it’s willing to share with you should you choose to choose Coin.space!
Coin.Space Bitcoin Wallet Features:
- Hierarchical Deterministic (HD) Wallet: – Like most other wallets on this Best Bitcoin wallets list, Coin.space too makes use of HD wallets, and rotates your incoming transaction address for each new transaction. (Including changes!)
- 100% Control: – Not a lot of wallets on this list offer such control, Coin.Space requires no authorization from the wallet for transactions or for any other thing related to your wallet. You are the sole owner and also solely responsible for anything and everything that happens to your wallet.
- Allows TOR :- You can use TOR to access Coin.Space.
- Independent Wallet :- Once you signup and start using the wallet, the wallet starts acting as an independent entity, meaning the Coin.Space team can’t track your account activities, transactions or anything even if they wanted to.
- Search Options :- Coin.Space has an inbuilt search function which let’s you know any nearby business or individuals who accept Bitcoin payments.
- Masterkey Granted :- Coin.Space makes sure that you get your money regardless of the existence of Coin.space. So if ever Coin.space was to go down and out of existence, you’d still get your Bitcoins by the use of a master-key (12-digit passphrase) which will let you recover your Bitcoins.
5). CoinBase
Coinbase without doubt is one of the most popular and best Bitcoin wallets available. Despite not being the “most” secure wallet, it still is one of the most secure choices compared to the hundreds of those so-called good for nothing wallets.
Making sure your money stays “your’ with features like Cold storage, 3-key architecture, insurances policy and Multi-sig wallets, it’s impossible for you to lose your funds with them.
Coinbase Bitcoin Wallet Features:
- Secure, Cold Storage :- More than 98% of your funds aren’t stored online, instead in an offline facility termed as cold-storage. Only a day-to-day transaction sized amount (less than 2%) is kept online.
- Insurance Policy: – In case of a breach or shutdown of Coinbase, their insurance policy kicks in and guarantees the safety of your funds and you’ll totally get them back regardless of what happens to the company.
- MultiSig Wallet :- They allow you to create multi-signature wallets, where you can invite as many as 5 co-signors to control your funds.
- 3-key architecture: – Coinbase runs on a 3-key architecture, namely the “Coinbase key” which is stored by Coinbase, the Shared key which remains both with the user and Coinbase, and finally the User key which remains only with the wallet. This guarantees a lot of protection as well as control over your funds.
- 100% Control: – Coinbase never gets access to your “user-key” meaning you always are in complete control of your funds.
- Trustless layout: – You do not need to use Coinbase to send Bitcoins, instead you can do so without Coinbase with the help of your user-key and their open-source recovery tool.
- Two-factor Authentication :- It allows for two factor authentication on your wallets as well. (Nothing less can be expected from any wallet on this list of the best Bitcoin wallets.)
What I Didn’t Like:
It uses Centralized Validation for validating the transactions, meaning you need to completely trust the peers to verify the transactions without withholding, hiding, altering the transactions in any way.
c). Mobile Bitcoin Wallets
Mobile Wallets are wallets which can be accessed via Mobile devices, on platforms like Android, iOS, Windows, Blackberry etc.
Even the best Bitcoin Wallets for mobile have some mandatory pros and cons, which can’t be used against or for them because they’re universal to all mobile Bitcoin wallets, so I’ll just list them here once instead of repeating them for each wallet:
Universal Mobile Bitcoin Wallets Pros:
- Secure Environment: – Every mobile Bitcoin wallet is isolated to a mobile device, hence reducing the risk of the device being hacked from any outside source including a Virus, Malware, Trojan etc.
Universal Mobile Bitcoin Wallets Cons:
- No full-node Validation: – External Full-node software can’t be used with mobile devices, hence the maximum you can get is SPV validation for them. The problem is, SPV Validation relays some information to peers, which in turn can log your IP address and link-back to your real life identity. (It’s “almost” impossible and generally never happens, but is a possibility!)
1). Green Bits
Compatible with : Android/iOS
A Wallet service from Green Address, so obviously the features and security-measures for both of these would be identical, and definitely impressive.
It also is the only mobile-wallet which supports TOR! Obviously other advanced features such as nLock time-transactions, paper backups, 2FA and spending limits are other fail-safes to keep your money safe.
Green Bits Bitcoin Wallet Features:
- Two Factor authentication :- Despite being a mobile Wallet, it supports 2-factor authentication, that’s what makes it one of the best Bitcoin wallets for you to use.
- Spending Limits: – You can assign a timely spending limit, meaning only the pre-set amount of funds can be spent In the pre-set time-frame. So even if you’re hacked, or your device is stolen, you won’t lose all of your funds. And it also keeps in check your own spending habits.
- Supports TOR: – This probably is the only Mobile-wallet in this list of the best Bitcoin wallets which supports TOR even on the mobile platform!
- MultiSignature Support: – It supports multi-signature as well, again something that made me place this at #1 on this best Bitcoin wallets list. So even if one of your signatories is compromised, your Bitcoins aren’t going anywhere.
- Paper Wallet Backups :- It allows you to make Paper wallet backups via BIP39 memonic codes.
- nLock time transactions :- In case the software or company collapses or is shut-down, you’ll still get your funds at a pre-set expiry date of your nLock time transactions.
- Supports hardware wallets including Keepkey, Trezor etc.
- SPV Validation: – It uses simplified validation; the max-secure validation available for mobile devices to validate transactions.
What I Didn’t Like:
This being the #1 contender for this best Bitcoin wallets for mobile devices, I can’t say there were any stones left unturned by Greenbit I could point a finger on.
2). Bitcoin Wallet
Compatible with: Android/Blackberry
The first-ever mobile Bitcoin wallet! So there are no doubts as to how secure the wallet will be.
It functions on “Zero-trust” vision, which as you’ll see is what makes it one of the most secure mobile Bitcoin wallets (arguably!)
Although it makes a clear and solid case with features such as Decentralized transactions, 100% privacy, and Bitcoin Network validation.
Bitcoin Wallet Features:
- 100% Privacy: – You do not need to register, Signup or reveal your real-life identity in anyway while using Bitcoin wallet.
- Uses Bitcoin Network for Validation: – Bitcoin wallet uses the Bitcoin Network along with SPV validation for validating your transactions. It’s not as secure as full-node obviously, but it’s definatly more secure compared to just SPV validations without the Bitcoin Network.
- Bluetooth Payment: – You can make payments using Bluetooth when you’re not connected to the Internet.
- Sweeping of Private keys is supported.
- 100% Control: – The funds are controlled solely by you, meaning Bitcoin Wallet or any other external third-party doesn’t have control over your funds or wallet.
- Decentralized: – It doesn’t use any central authority for peer recommendations, or transactions. (That’s where the “zero-trust” vision comes from!)
What I didn’t Like:
There is nothing to dislike among the existing features, just that inclusion of TOR support would’ve made Bitcoin wallet top this best Bitcoin wallets list!
3). Simple Bitcoin
Compatible with: Android/iOS
As the name suggests, one of the best Bitcoin wallets for a mobile device, it gets us the maximum level of transaction security along with an extremely simple and easy to use interface.
Using SPV validations and mnemonic code for restorations in addition to emergency and destruction codes are just the tip of the ice-berg in comparison to what Simple bitcoin is capable of.
Simple Bitcoin Wallet Features:
- Memonic Code Restoration :- Mobile devices are prone to being lost or stolen more than a computer system, so Simple Bitcoin made sure that you get your wallet back with complete transaction history with the help of a simple Memonic Code.
- Made for Mobile :- Pointing it out specifically because mobile devices do not have the Hardware or Internet speed as good as computer systems, so if your wallet isn’t made as per mobile standards, it won’t be of much use. So Simple Bitcoins made sure that their wallet is extremely lightweight, and can function even on the slowest internet connections.
- Emergency lock and Destruction Code :- These are advanced protection features which help you protect your Bitcoin account in case you’re somehow forced to reveal your password.
- Full Control: – The wallet is independently yours, and there’s no way the company or anyone else can edit, change or modify funds or any other elements of your wallet.
- SPV Validation :- It’s not as secure as Full-node verification, but considering it’s a mobile platform that can’t be expected either, so as far as mobile wallets are concerned, this is the maximum security you’ll get.
- Open-Source :- The wallet codes are published on Github and can be verified by any individual or group personally.
What I Didn’t Like:
There aren’t any obvious red flags about it, but 2-factor authentication and TOR support could’ve made me place this at #1 in this best Bitcoin wallets list.
4). BreadWallet
Combining ease of use and security features is what made this one of the best Bitcoin Wallets available for mobile devices in the industry.
A direct link to Bitcoin network makes it one of the safest and most-secure wallets as far as transactions go. Then there’s features like recovery phrase and 100% control over your funds which should eliminate any remaining doubts (if you had any!)
BreadWallet Features:
- Directly Linked to Bitcoin Network: – Breadwallet uses a direct connection to the Bitcoin Network, hence eliminating the risk of any mid-way server being hacked. For you, it means your Bitcoins are pretty safe.
- Recovery Phrase: – A pre-set recovery phrase makes sure you can recover your BTC Funds and wallet even if you lose your wallet or mobile device.
- Built-in Hardware Encryption: – Breadwallet has embedded hardware encryption for added security.
- SPV Validation :- The maximum security validation for Mobile wallets is Simplified Validation, and that’s exactly what Breadwallet offers.
- 100% Control: – Your funds are totally yours, and no third-party can freeze or access your account under any circumstances.
- Strong Security Base: – The iOS version of Breadwallet makes use of the iOS security base, which means it’s almost impregnable against browser hijacking, malware or even physical mobile theft!
- Open Source.
What I Didn’t Like:
Support of TOR would’ve made things definitely better for us, which sadly isn’t the case with Breadwallet.
Compatible with: iOS/ Android
Decentralized and security rich features make AirBitz one of the best Bitcoin wallets you can trust.
They provide automatic backups, multiple wallets, Bluetooth payments, HD address rotation and 2FA to name just a few security measures which work hand-in-hand to keep your account as secure and private as possible.
AirBitz Bitcoin Wallet Features:
- Decentralized Validation: – It uses random servers to validate transactions. That makes sure that fresh peers are used rather than entrusting a central authority. It’s not as secure as Full-node, but it better than using centralized Validation.
- HD Address Rotation: – Hierarchical Deterministic address rotation ensures that you won’t be using the same address more than once.
- 100% Control: – You get full control over your wallet and neither Airbitz nor any other 3 rd party has any access to it.
- Always Up :- By using Bitcoin nodes, it makes sure that even if Airbitz servers are down, your wallet keeps functioning normally for you.
- Bluetooth Payments supported as well!
- Spending Limits: – Allows you to setup spending limits for your accounts.
- Automatic Backups: – It automatically backs up your wallet to a P2P Cloud server, making sure you always can recover your data if lost.
- Multiple Wallets: – Setup multiple wallets within the same app, helps keep better track of funds.
- Automatic Partial Payment Detection :- It automatically detects if a payment has been partially paid, and creates a QR code for the remaining amount.
- Two-factor authentication : – Let’s you setup one-touch two factor authentications, meaning security with easy user-interface.
- Touch-ID login for iOS devices.
What I Didn’t Like:
AirBitz keeps an encrypted “wallet copy” on their servers. They do this to protect and help us recover funds, that’s all well and good but still if ever they are to be hacked, there’s a chance of a majority of us losing our funds as well as complete wallets.
Wrapping it Up:
That’s all I can pour out as far as this piece on the Best Bitcoin Wallets is concerned, I’ve tried my best to list out only the best, most secure wallets for you.
And with over 15 platforms in total, I doubt you’ll ever run out of options as far as fund storage is concerned.
Although even if these are the best Bitcoin wallets and are extremely secure by default, make sure you use more than one wallets and diversify your fund storage. This eliminates the risk of losing your funds 100% under any circumstances.
Do let me know if this piece helped, of if you think there’s any other app which should’ve made up to this list on the best Bitcoin wallets, and if the reasons pan out, I’d love to include it over here as well!
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Your search engine does not find any satisfactory results for searches. It is too weak. Also, the server of bing is often off
I created a yahoo/email account long ago but I lost access to it; can y'all delete all my yahoo/yahoo account except for my newest YaAccount
I want all my lost access yahoo account 'delete'; Requesting supporter for these old account deletion; 'except' my Newest yahoo account this Account don't delete! Because I don't want it interfering my online 'gamble' /games/business/data/ Activity , because the computer/security program might 'scure' my Information and detect theres other account; then secure online activities/ business securing from my suspicion because of my other account existing will make the security program be 'Suspicious' until I'm 'secure'; and if I'm gambling online 'Depositing' then I need those account 'delete' because the insecurity 'Suspicioun' will program the casino game 'Programs' securities' to be 'secure' then it'll be 'unfair' gaming and I'll lose because of the insecurity can be a 'Excuse'. Hope y'all understand my explanation!
I want all my lost access yahoo account 'delete'; Requesting supporter for these old account deletion; 'except' my Newest yahoo account this Account don't delete! Because I don't want it interfering my online 'gamble' /games/business/data/ Activity , because the computer/security program might 'scure' my Information and detect theres other account; then secure online activities/ business securing from my suspicion because of my other account existing will make the security program be 'Suspicious' until I'm 'secure'; and if I'm gambling online 'Depositing' then I need those account 'delete' because the insecurity 'Suspicioun' will program the casino game 'Programs' securities' to be… more
chithidio@Yahoo.com
i dont know what happened but i can not search anything.
Golf handicap tracker, why can't I get to it?
Why do I get redirected on pc and mobile device?
Rahyaftco@yahoo.com
RYAN RAHSAD BELL literally means
Question on a link
In the search for Anaïs Nin, one of the first few links shows a picture of a man. Why? Since Nin is a woman, I can’t figure out why. Can you show some reason for this? Who is he? If you click on the picture a group of pictures of Nin and no mention of that man. Is it an error?
Repair the Yahoo Search App.
Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.
I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.
I contacted Samsung thru their Samsung Tutor app on my phone. I gave their Technican access to my phone to see if there was a problem with my phone that stopped the Yahoo Search App from working. He went to Yahoo and I signed in so he could try to fix the Yahoo Search App not working. He also used another phone, installed the app from the Google Play Store to see if the app would do any kind of search thru the app. The Yahoo Search App just wasn't working.
I also had At&t try to help me because I have UVERSE for my internet service. My internet was working perfectly. Their Technical Support team member checked the Yahoo Search App and it wouldn't work for him either.
We can go to www.yahoo.com and search for any topic or website. It's just the Yahoo Search App that won't allow anyone to do web searches at all.
I let Google know that the Yahoo Search App installed from their Google Play Store had completely stopped working on May 18, 2018.
I told them that Yahoo has made sure that their Yahoo members can't contact them about anything.
I noticed that right after I accepted the agreement that said Oath had joined with Verizon I started having the problem with the Yahoo Search App.
No matter what I search for or website thru the Yahoo Search App it says the following after I searched for
www.att.com.
WEBPAGE NOT AVAILABLE
This webpage at gttp://r.search.yahoo.com/_ylt=A0geJGq8BbkrgALEMMITE5jylu=X3oDMTEzcTjdWsyBGNvbG8DYmyxBHBvcwMxBHZ0aWQDTkFQUEMwxzEEc2VjA3NylRo=10/Ru=https%3a%2f%2fwww.att.att.com%2f/Rk=2/Es=plkGNRAB61_XKqFjTEN7J8cXA-
could not be loaded because:
net::ERR_CLEARTEXT_NOT_PERMITTED
I tried to search for things like www.homedepot.com. The same thing happened. It would say WEBPAGE NOT AVAILABLE. The only thing that changed were all the upper and lower case letters, numbers and symbols.
Then it would again say
could not be loaded because:
net::ERR_CLEARTEXT_NOT_PERMITTED
This is the same thing that happened when Samsung and At&t tried to do any kind of searches thru the Yahoo Search App.
Yahoo needs to fix the problem with their app.
Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.
I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.
I contacted Samsung thru their Samsung Tutor app on my phone. I gave their Technican access to my phone to see if there was a problem with my phone that stopped the Yahoo Search App from working. He went to Yahoo and… more
Choose your Bitcoin wallet
Find your wallet and start making payments with merchants and users.
Take time to educate yourself
Bitcoin is different from what you know and use every day. Before you start using Bitcoin for any serious transaction, be sure to read what you need to know and take appropriate steps to secure your wallet. Always remember that it is your responsibility to choose your wallet carefully and adopt good practices in order to protect your money.
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