Best bitcoin wallets for 2020

Best bitcoin wallets for 2020

Bitcoin has taken the world day by day, a digital currency that is much easier than traditional one in any ways you can imagine. As you can see the value of bitcoin is growing everyday compare to U.S. Dollar. Bitcoin could easily double in value over the next few years. So you have to know the risks, for example you need a perfect wallet to use.

Best bitcoin wallet in overall is Coinbase

Coinbase is one of the easiest way to buy and hold Bitcoin. With coinbase you can connect your U.S. account bank in order to buy Bitcoin. Right now Coinbase also support bitcoin cash, Ethereum and Litecoin. There are some rumors Ripple getting support from Coinbase in soon future. Coinbase has very firm security in place and regularly updates and improves the entire user experience.

Best bitcoin wallet in overall is Coinbase

Trezor is the most secure bitcoin wallet

Trezor isn’t a full buying and selling platform like Coinbase. Instead, it is simply a place to store your Bitcoin. Trezor is a physical device that plugs into your computer, tablet or phone to access your coins Trezor Works as a password manager, two-factor authentication device and other useful features. This wallet offers some protections against lost passwords and lost devices, but you should make sure that never happens.

Trezor is the most secure bitcoin wallet

Electrum desktop wallet

Electrum is a software wallet which means your Bitcoins are stored in your laptop or computer. Electrum can be used with some physical wallets. The benefit of this software is that you can quickly run your computer and store or send your bitcoins. But if your computer is lost in a house fire or is stolen by someone, all of your coins could be lost. Of course there are several way to recovery your account with cold storage or printed set of keys but you should look after your PC all the time.

Best online bitcoin wallet is Blockchain.info

Blockchain.info is similar to Coinbase, which there is a wallet in both of them. But you can’t buy or sell directly from blockchain. It is means that your wallet is separate from marketplace. So it is considered to be much secure than Coinbase where hackers are constantly attempting to attack.

Best online bitcoin wallet is Blockchain.info

Robinhood

Robinhood started as a free trading platform. It is both a wallet and an exchange, like Coinbase everything is in one place. Robinhood is a mobile-first platform and hasn’t even rolled out the Web version. But what really sets Robinhood apart is the cost: free. There are no commissions when buying or selling Bitcoin.

Best Bitcoin wallet for intuitive desktop use: Exodus

Exodus is a software wallet like Electrum, but much more beautiful and intuitive to use. The desktop only wallet turns your digital currencies, Bitcoin and many others, into a portfolio with graphs and charts. You can exchange coins through the app with ShapeShift exchange integration in addition to storage.

Best Bitcoin wallet for intuitive desktop use: Exodus

Be careful with that computer! Exodus includes private key encryption and other useful security tools. Thanks to the portfolio and graphic views, it is great for anyone with a background in investing who wants to jump to digital currency.

Best Bitcoin wallet for Mobile: Mycelium

Mycelium can be only used on Mobile, it has also Android and iPhone version available. Mycelium is a bit more complicated to use than other Bitcoin wallets, but it is very secure. It allows anonymity and keeps your bitcoin in your pocket everywhere you go.

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