Secure Bitcoin Storage: Best Bitcoin Wallets That You Need To Know About

Secure Bitcoin Storage: Best Bitcoin Wallets That You Need To Know About

Owning Bitcoin isn’t a new experience as it was at the beginning of the decade. But still, some investors face a lot of risk and instability when it comes to storage.
Though the Bitcoin is decentralized and does not come in any physical form, they BTC is often considered as “secure.” But did you know that Bitcoin threats aren’t theoretical or abstract?

The web scams keep cropping up and old ones re-surge all the time. So how to secure your Bitcoins?

 

Bitcoin wallets

 

Ledger Nano S

Ledger is a cold hardware wallet, for users who want extra security for their Bitcoin storage.
With a pin code unlock system and two-factor authentication through tamper-proof internal hardware and FIDO UTF, it is one of the most secure Bitcoin wallets that you could ever get.

 

Trezor

Featuring an exceptionally intuitive interface, Trezor comes as a perfect solution for storing a large number of Bitcoins. It is the ideal combination of top-notch security that can be combined with any other online wallet making it suitable for beginners and experts alike. Furthermore, it comes with many significant security features and is available at just $100.

 

Exodus

Exodus is the world’s first multi-currency desktop wallet. With an incredibly easy to use interface, no registration is required for using this wallet. If you want to access or spend your funds, all you need is to set a password and then, back it up.
The best feature of Exodus is that it has no hosted logs or servers.

 

Blockchain.info Bitcoin Wallet

Blockchain.info wallet is one of the most popular and leading Bitcoin wallets. Known as the hybrid wallet, it stores your Bitcoin online, but it does not have access to your private keys. It is recommended for beginners who are still on the verge of trying Bitcoin.

 

Bitcoin Core Wallet

If you are looking for a desktop solution for your Bitcoin wallet, Bitcoin core wallet is the way to go. Commonly known as Bitcoin-QT, it is a stable system that supports complete transparency along with offering lots of security features.

 

Mycelium

Mycelium is a well-established open source wallet, which requires no id, no email verifications, and no usernames or password to get started. It provides you with a 12-word back seed key that will enable you to recover your Bitcoins, in case if you lose them.
But remember, if you lose these 12 words, your Bitcoins are gone forever.

 

Jaxx

Jaxx is renowned digital wallet which stores both altcoins and Bitcoins. Currently, this wallet supports 13 crypto coins and is an ideal choice for multi-currency users. With an easy to use user interface, it comes with a seed backup key feature that helps you in restoring your cryptocurrency assets.

The Jaxx wallet is intuitive and self-hosted, so you don’t have to give your private keys to the third party.

 

 

Are Bitcoin Wallets Safe?


The safest option for securing your Bitcoins is the “Hardware Wallet.” With this wallet, there is no way that your Bitcoin gets stolen or your key gets hacked by some intruder. The least secure option is the “Online Wallet,” since the third party holds the keys.


Regardless of the option you choose, make sure back up every element of the data.