If you’re looking to buy and store Bitcoin or other cryptocurrencies, you may be on the hunt for the best crypto wallets. We looked at a long list of Bitcoin wallets with a focus on cost, user experience, supported cryptocurrencies, and other features. Keep reading for a look at some of the best Bitcoin wallets available today.
| Exodus – Exodus is a free desktop and mobile wallet with a simple user interface and a built-in exchange. Exodus’s most popular feature is the way it allows its users to swap between a growing number of cryptocurrencies. Exodus currently allows over 100 different cryptocurrencies swaps.
This wallet is great for beginners since it helps people to get into the crypto space. Exodus has great customer support which is essential for beginners in this industry.
| Electrum – Electrum is one of the earliest Bitcoin digital wallets. Its been operating since 2011, just two years after the arrival of Bitcoin, and has barely changed. It offers its users a very easy-to-work interface, but it is committed only to Bitcoin. For the most part, the software does its job incredibly well and offers more advanced features for more experienced users.
The open-source software allows its users to create custom transaction fees, plus it offers the option to choose between legacy Bitcoin or Segwit. Determine the level of security you wish to use. For Instance, you have the option to create a standard wallet, one with 2-factor authentication, or a multi-signature wallet.
| Mycelium – Mycelium is open-source software that is operating exclusively on mobile phones Bitcoin wallets. Mycelium currently supports a few currencies Bitcoin, ETH, and ERC-20. Mycelium, like Electrum, is one of the earlier digital wallets. in many ways Electrum is very similar to Mycelium in terms of its features with the only major difference being Mycelium is a mobile phone only.
Mycelium has more interesting features such as wallet support, which gives users the ability to hold their Bitcoin in offline storage while using the user interface to see their holdings.
| Trezor Model T – Trezor, is a device with crypto cold wallet storage. Its Model T is the second generation of hardware wallets they have created. The Trezor Model T allows users to access third-party exchanges, like Changelly and CoinSwitch, directly on the website interface. even though it’s a great software the cost of $190 is just not worth it with many other less expensive digital wallets around.
The Model T offers the use of a touch screen. The Trezor Model T also comes with a USB Type-C cable so that you can connect to either your smartphone or desktop computer.
| Ledger Nano S – The Ledger Nano S is the first hardware wallet introduced by Ledger, one of the first hardware wallets in the crypto industry. It is compatible with 1500+ cryptocurrencies. The Nano S does not come with a USB Type-C cable, so some users may find it difficult to connect to their devices.
The Ledger Nano S is a fantastic wallet for just $59 and perfect for those looking to store their cryptocurrency safely. It is a fun device to use with Ledger Live, a great product for a beginner looking for safe and simple storage for a handful of cryptocurrencies.
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