Are you looking for the best Bitcoin wallet? Here we arrive at the right page committing to researching, testing as well as suggesting the best products. In daily use, Bitcoins become a currency alternative to government-backed currencies all over the world.
The value of Bitcoin is compared to US dollars and other world currencies. This makes Bitcoin safer, easier, and has better privacy than traditional currencies. However, using Bitcoin may still be risky. It can just easily go down to zero in value. This is a part of Bitcoin that you should learn and understand.
In this article, we are going to share with you some of the Bitcoin wallets you can consider using. All of the Bitcoins wallets come with their specialties, strength, and weakness. Thus, make sure you read every detail of the description given in the review.
Now if you really want to go with Bitcoin, here are some of the best Bitcoins wallet you could check out and use soon.
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10 Best Bitcoin Wallet, Guide to Buy & Sell Bitcoin
Did you know Coinbase? Listed in the first spot in this review, Coinbase is one of the easiest ways to purchase, sell and hold cryptocurrencies. Using Bitcoins will enable you to connect to a bank account in the US. Thus, you can transfer your dollars right from your wallet easily and quickly. Bitcoin is a new one way to buy and sell. Bitcoins also support Bitcoin Cash, Ethereum, Litewin as well as Ripple.
Apart from the easy way offered in using Bitcoin, there is a security concern you must take into consideration. Being a dominant platform for Bitcoins and other world’s currencies, Mt Gox was hacked and lost near a half of billion dollars. Now, Bitcoins have the form of security to update and improve the whole user experience.
2. Coinbase Pro
Is this different from Coinbase? Well, let’s just check out more here. Coinbase Pro, like Coinbase, is just another wallet to buy Bitcoin (cryptocurrency wallet). It is formerly popular as GDAX. This one is categorized into a serious trading platform offering a low cost charge ranging from 0.1 percent to 0.30 percent. This percentage is based on the trading volume you make. Coinbase Pro allows you to trade less than $10 million per month. However, it can fall into 0.30 percent. So, be aware!
Thus, it is different from Coinbase, isn’t it? In short, Coinbase Pro is one of the best Bitcoins wallets you can consider using.
If you are looking for a Bitcoin wallet with the best security, you can surely consider using Trezor. Yup, it is considered best for security. Unlike Coinbase which is the best overall, Trazor comes with an easy way of storing Bitcoin. It is a physical device plugging into your computer, phone and even tablet to access your coins. Do you know how the Trezor wallet work? Trezor wallet has some great functions including working with more than one currency, working as a password manager and two-factor authentication device, and running the other useful features.
Don’t worry about password and device loss. As one of the best Bitcoin wallets, Trezor provides you with protection against the lost password and lost devices. In this case, you must learn the experience of the users and make sure you will not experience the bad things. This digital Bitcoin wallet will keep your Bitcoin safe from any stealing.
The third best Bitcoins wallet to take into account is Electrum. This is the best cryptocurrency wallet easier, safer, and offers better privacy. It is designed as the Bitcoin wallet which is best for desktop. Electrum is a software wallet where your Bitcoins are stored in an encrypted file set either on your laptop or your computer desktop. Recently, Electrum is has been compatible with Windows, Mac OS X, Phyton, Android, and Linux. Electrum also proves to be flexible since it can work with several physical wallets as a software wallet compared to the hardware wallet such as Trezor.
Using electrum will enable you to quickly start, running and store your Bitcoin on your own computer. However, you can lose your coins when there are some problems occurring. For instance, computer crashes house fire and being hacked or corrupted. Thus, make sure nothing happens to have your coins safe.
This app does not support any recovery process. You are just required to create a physical “cold storage” with a set of key either printed or handwritten.
The next best Bitcoin wallet to save BTC is Blockchain. It exists as the digital currencies to run your Bitcoin. Do you know? Blockchain stands beyond the world of digital currency. Similar to Coinbase, Blockchain is categorized as an online wallet to buy and sell through the platform available in more than 35 countries.
Sending and receiving cryptocurrencies is also supported either for a small or big fee. There are also some security features recommended by Blockchain to keep your Bitcoin safe. Those security features include email verification, back-up security phrase and two-factor authentication. Moreover, Blockchain blocks up your funds in addition to security.
If you are looking for a Bitcoin wallet which is the best for free buying and selling, Robinhood can be the best option to choose from. As one of the recommended Bitcoin wallets, Robinhood provides the users he extended support for options and other investments. Like Coinbase, Robinhood works both as a wallet and exchange. All the things you can do in one place.
Do you know? Robinhood is the first mobile platform that is also available for the desktop since t is designed both for mobile and desktop versions. Don’t worry about how much you will spend on having this Bitcoin wallet since it is available for free. No commission charged on this platform.
Another great thing you have to know is the fact that Robinhood supports both Bitcoin trades and Ethereum trades for over 15 currencies. It also supports the web version allowing you managing money right from your phone or tablet.
Listed as one of the best Bitcoin wallets, the only downside is the ability of Robinhood which works only for 16 states for cryptocurrency trades. However, it plans to add more in the future. Regardless, if you stay in one of the states, Robinhood is just a great choice.
7. Square Cash
Now if you want a Bitcoin wallet with the best versatility, Dquare Cash is the best option you can take into consideration. Like Robinhood, this Bitcoin wallet provides you with a free mobile app to sell and buy Bitcoin. It is great for sending money either for friends or families. Square is a big financial technology company covering many kinds of services. In this case, Bitcoin is just a small piece of what they operate.
To sell or withdraw Bitcoin, Square Cash requires you to hold your Bitcoin in your Square Cash account instead of holding it outside your account. However, this feature does not support the way you send money to another wallet due to the purchase limitation that is $10.000 per week. Regardless, there is no limit to sell what you want.
Binance is well-known for its low rates in other currencies. It supports a wide range of digital currencies such as Bitcoin, Ethereum and its own Binance Coin (BNB). You will never believe that this wallet offers a very low fee that is at just 1 percent for any trade. Binance is the most popular and one of the best cryptocurrency wallet among the other wallets on the globe.
The great point of Binance you can optimize is the option to trade the coins into more than one currencies. Binance supports digital currencies, too, such as EOS, Litecoin, Ripple, Stellar Lumens, and Ethereum Cash. This wallet also comes with a pack of cryptocurrencies you will probably never heard.
Listed as the most popular Bitcoin wallet, Binance comes with a platform with a wide range of currencies at a very low cost. In this case, Bitcoin has no insurance. This is a major concern you may think of if you want to use Binance as one of the best Bitcoin Wallets.
Consider using Coinmama is one of the best option, too. It is also in the list of digital wallet which is very considerable. It comes with feature of all-in-one exchange for over one million customers in 188 countries in the world. How great it is!
The downside of using Coinmama is only the absence of a mobile app in the platform. Yup, you can find the Coinmama app on your mobile phone. This means that this platform is not compatible with mobile phone. Regardless, this bitcoin wallet has an unquestionable quality. It has been registered as a money business in the US along with the additional legitimacy and recognition which are higher than its competitors.
What about CoinExcange? Have you ever heard of this term? It is just another BTC wallet coming with the low-cost to offer. Yup, it comes with 0.15 percent only to exchange your Bitcoin into other coins. There are a large number of coins available on this platform. It is also listed as the Bitcoin wallet supported by another platform on the list.
If you are looking for a simple Bitcoin wallet, CoinExchange can be very considerable. It offers not only the simple wallet but also the robust security and long-term support to offer the currencies exchange on the platform. The only weakness of this Bitcoin wallet is the lack of mobile apps. That’s why it has a lower trading volume than the other platform.
In short, some of the best Bitcoin wallets we have been described in this review are the best we recommend. You can choose one of those which is most suitable for your preference. In this case, you can choose the one with the very low-cost or even the one free of charge. Each of the Bitcoin wallets must have its own features and characteristic which may and may not suitable for your necessity.
Thus, make sure you read this review carefully in order to find the most suitable one. You may save our page or just take a screenshot of this article as information so that you can easily open it wherever and whenever you need to read again.