Bitcoin Wallet
Store your Bitcoins and make transactions securely and fast using Bitcoin Wallets.
What are Bitcoin Wallets?
As widely known, a Bitcoin (BTC) is a digital currency and does not exist in a physical shape. A Bitcoin wallet is a software program where you can store Bitcoins although technically Bitcoins are not stored anywhere. Anyone who has a balance in a Bitcoin wallet, has a private key, in other words a secret number, corresponding to the Bitcoin address of the specific wallet. The recipient’s public key and your private key make up the Bitcoin truncation.
Bitcoin wallets make sending and receiving of Bitcoins easier and make ownership of the Bitcoin balance to the user possible. There are multiple different forms of Bitcoin wallets and apps that carry different requirements and differ in terms of security, convenience or accessibility. Read some of the best features of some of these wallets below.
Exodus Wallet
-
Secure, manage and
exchange BTC - Buy and sell one cryptocurrency for another
- Send and receive digital currencies a few easy steps
- All favourite assets in one wallet
- Solid engineering and attractive design
- No registration needed
- Full privacy and control of your private keys
- Track your portfolio with real-time charts
Electrum Wallet
- Fast and simple
- Low resource usage
- Use of remote servers to recover your wallet from a secret phrase
- Complete transparency
- Control over your money
- Simplified validation
- Two-factor authentication
- Full control over fees
Mycelium Wallet
- Send and receive Bitcoins using your mobile phone
- 100% control over your private keys, which only leave your device once you export them
- Extremely fast connection to the Bitcoin network through super nodes
- No blockchain download, install and run in seconds
- Compatible with other bitcoin services through bitcoin: URI handling
- Secure your wallet using a PIN
- Watch-only addresses & private key import for secure cold-storage integration
- Find other people to trade Bitcoins with using our Local Trader feature.
Ledger Nano X Wallet
- Manage your assets securely & follow your portfolio even if you have your wallet with you or not
- Easy onboarding
- Ability to install new currencies
- Manage your accounts
- Check your balance in real-time
- Send and receive funds
- Update your devices
- Personalize your app
ZenGo Wallet
- Buy bitcoin and cryptocurrencies quickly and easily
- Sell your BTC seamlessly
- Earn free Bitcoin in seconds
- Trade BTC, ETH and more
- Earn interest and save for the long term
- Track your portfolio and market data
- ZenGo one-tap support
- Get instant transaction notifications
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Potential Risks – Tips to Follow
It is possible that there is malware. Some software can scan your hard drive and find your private keys. Therefore, all your Bitcoins can get lost. A trojan can also encrypt all your files and find all the links to your wallets. Then, it can estimate how much money you own and demand that same number of Bitcoins to decrypt your hard drive. Additionally, a digital exchange can be made with your money and you can also lose your laptop or your mobile with your wallets installed on them.
However, there is no need to worry. Just try to avoid using any type of wallet that requires internet connection. Alternatively, you can use cold storage options. Always be careful and double-check everything. For example, you could receive an email from a wrong sender. If you authorise it, your Bitcoins may disappear straight away.