The most popular currency at the moment is a crypto-currency known as Bitcoin. It is one currency which is widely accepted the world over.
Bitcoin is not a physical currency – it is one that is stored online and sometimes on hardware tokens, it can be traded for physical cash in local currency. Without a Bitcoin wallet, you can’t send or receive Bitcoin payments. So the first step in trading Bitcoins is getting a Bitcoin wallet were you can store your Bitcoins.
In this piece, I will talk about the top 10 most secure Bitcoins wallet you can make use of.
There are four basic types of Bitcoin wallets, they are:
- Online bitcoin wallets: These are wallets that can be accessed on the web from any internet connected device.
- Bitcoin hardware wallets: These are physical devices designed to secure bitcoins.
- Software wallets: This are wallet applications downloaded to your phone, computer or tablet.
- Paper wallets: This are Bitcoin private keys printed from an offline computer.
For the purpose of this article, I will concentrate on Online Bitcoin wallets – this is what you’ll most likely be using to trade Bitcoins.
Here are the best 10 Bitcoin wallets you can use.
1 – Bitcoin Armory
If you looking for enhanced security for your coins, Armory is a great choice for you. Armory is a full bitcoin client, it’s system is not hosted on the web hence you have to download the entire system blockchain before you can make use of this wallet.
The fact that you can store all of your bitcoins offline, and also maintain multiple encrypted wallets, makes it one of the most secure bitcoin wallet available.
Visit Bitcoin Armory website here
2 – Coinbase
Another bitcoin wallet which is worthy of note is CoinBase. CoinBase, has investments which total up to a mind-boggling $106 million. Recently the CoinBase group launched their so-called “regulated’ bitcoin exchange. At least over 2.1 million users use CoinBase.
Coinbase has a unique vault feature which improves the systems security. Security features such as delayed withdrawals and multi-signature technology all make CoinBase a great and highly secure Bitcoin wallet.
Visit coinbase website here
3 – Blockchain
Blockchain.info is perhaps the fastest growing bitcoin wallet on this list, I use Blockchain to store my coins and I can absolutely vouch for its security.
Over 2.7 million people currently use www.blockchain.info to store their bitcoins. The Blockchain system is extremely useful and simple to use. The system also has a 2FA login security, which gives users access to their bitcoin private keys, and allows them to have full control over their money. With Blockchain, your coins are safe.
Check out the Blockchain Wallet here
4 – Airbitz
Airbitz is a mobile another secure bitcoin wallet which was designed to be easily accessible for both iOS and Android devices. We all understand the importance of mobility, so bitcoin wallets that that has robust mobile applications are becoming ever so popular.
Airbitz employs a client-side encryption, which means they have zero access to your bitcoins. Airbitz users enjoy access to their wallet address private seed, this comes in handy in case they need to restore their wallet.
Airbitz user accounts features username, passwords, PIN protection and a business bitcoin directory.
Visit Airbitz Wallet here
5 – Coinkite
Coinkite is also a great option for a highly secured bitcoin wallet. It features multiple-sign in functionality for increased wallet security, which is something that endears many bitcoin users today. Coinkite also features the renown 2FA login security. Every transaction is sent to your phone as notifications.
Visit Coinkite here
6 – BitGo
BitGo has gradually become a respected name in the Bitcoin world. BitGo is considered a leader in blockchain security. If you intend on carrying out instant transactions using bitcoin, I suggest you try BitGo.
A bitcoin transaction usually needs between 3-6 confirmations, taking about 30-60 minutes, however, with BitGo Instant and its zero-confirmation technology, users can make both secure and fast transactions.
visit BitGo here
7 – GreenAddress
GreenAddress is also a very secure wallet and one I would recommend. It gives you complete control over your money and employs the multi-sign in feature. Greenaddress software is available on the web, desktop, Android, and iOS. GreenAddress is also compatible with hardware wallets like TREZOR, Ledger Nano, and the HW.1.
Visit the GreenAddress website here
8 – Bitcoin Wallet
Bitcoin Wallet, was the first mobile Bitcoin wallet to hit the internet. Bitcoin Wallet is more secure than most mobile Bitcoin wallets, because it connects directly to the Bitcoin network. Bitcoin Wallet has a user-friendly interface with just the right amount of features, making it the easiest Bitcoin wallet for beginners to learn with. If you’re new to bitcoins, I suggest you start with Bitcoin Wallet
Visit the Bitcoin wallet website here
9 – Mycelium
Mycelium is regarded as one of the safest and most recommended options for secure bitcoin storage on mobile. It Boasts bank grade security, hierarchical deterministic wallets, private key deletion and ‘watch only’ accounts.
Visit the Mycelium wallet bitcoin here
10 – 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.
Visit the Bitcoin Core website here