What is a Bitcoin Wallet?
A Bitcoin Wallet is a way to store your digital coins, not in a physical way, because you’re actually storing data. If you have to compare a Bitcoin Wallet with a traditional one, there are 3 big differences:
- Only store Bitcoins
- Aren’t physical
- Give you the opportunity to send Bitcoins over the internet.
If you are looking for a GOOD Bitcoin wallet, you have to know that there are three types of wallets: web wallets, software wallets and hardware wallets.
They are the most comfortable wallets, because if you have internet and a browser, everything is a piece of cake. The interface is very user-friendly and your account can be set in no time. These are some of the best Web Wallets:
Coinbase is one of the best Bitcoin wallets, considering that it is used by a huge number of users. It’s an easy and safe way to store your cryptocurrencies and it also gives you the possibility to set up multiple wallets. Since Coinbase is a leader in what means to exchange Bitcoin, it may be what you’re looking for.
This platform is one of the most preferred by Bitcoin users. They can easily check their assets and transactions, and they are also able to send and receive Bitcoins. Blockchan.info is safe, secured, easy to use and provides quality services.
Counterwallet is a platform used by a lot of cryptocurrency fans. The thing that makes it the favorite of many users is the fact that there is a fee dial that lets you decide how much do you want to spend on fees. In my opinion, this possibility is something great and you can’t find this everywhere. Also, it may not look so entertaining for its users, but it surely does its job.
The interface of this Bitcoin Wallet is a well-optimized one. BTC.com is easy to use and the services are provided in no time, so it’s perfect for those who are always in a hurry. The transaction needs about 30-60 minutes in order to be done.
This is really one of the best software wallets and it’s surely the most important one. It can do almost anything you want and it provides you with a core node. Bitcoin Core has a graphics user interface (GUI) which helps you finish your tasks in an easy way.
Electrum is one of the oldest software wallets in Bitcoin market. It first appeared in November 2011 and you’re able to download it and use it from your computer. Unfortunately, for now, you can only use it on desktop.
Ledger Nano S
Ledger Nano is the smallest and the most popular hardware wallet. It is very efficient, secure, and its size is no bigger than an USB’s. You can choose to purchase a Ledger Nano or a Ledger Nano S, the second one being the latest version of this product. The difference is that Ledger Nano S is able to also store Ether (ETH) and this thing makes it unique.
Trezor is a hardware wallet ready to serve your needs and to secure your assets against malware. If you lose it or if someone steals it from you, Trezor will recover your digital money. In this case, it will generate 9 digit pins and a key of 24-words to recover your cryptocurrency.
Opendime is a hardware wallet which has the size of an USB, that’s why it’s also called a Bitcoin Stick (and, also, a Bitcoin Beared Bond). If you want to spend it online, you have to unseal it and then you’ll have to get another one. It may not sound very convenient, but trust me, this is the best way to secure your money!
You can read more about it on our website from our OpenDime Review
In our opinion, these are some of the best wallets that you can use in 2017. Of course, as soon as a better deal appears, you will find out about it from our website!
You may be interested
An iCloud Account Hacker is Requesting for $150,000 in bitcoins from Apple IncJoshua Tayo - October 21, 2018
With hacking becoming a very common occurrence and is gradually becoming a reality of the crypto industry, another crypto related…
Floyd Mayweather and DJ Khaled Sued by Crypto Scam VictimsJoshua Tayo - October 21, 2018
The King of the modern boxing, Floyd Mayweather Jr. and the records spinning DJ Khaled, are being sued for their…