5 Best Bitcoin Wallets in 2019
Finding the right storage that will ensure your Bitcoin’s safety is an absolute necessity. Some of the best Bitcoin Wallets to choose from include:
This is the very first in a series of what will become an industry standard hardware wallets that are created specifically for the purpose of serving as a highly portable vault which secures your cryptocurrency even from physical theft. The Trezor Wallet is designed with multiple layers of security which ensures your Bitcoin remains safe, with features like a Pin code, a 20 word recovery phrase, and an airtight vault that makes it usable on even computers known to harbor malware on them. Trezor’s main drawback is that it is not yet mobile friendly in that you need your laptop or desktop in order to access it to send money, however its top notch security more than makes up for that minor disadvantage.
This is one of the most reputable and highly secured desktop wallets. It is one of the earliest players in the cryptocurrency wallet niche and has had a pretty impressive track record when it comes to securing the user’s digital assets. It is a lightweight wallet that is designed with both security and usability in mind, as it can be easily tailored by the user as a main cold storage wallet on an offline computer. Electrum also supports some of the most widely known hardware Wallets like Trezor, Jaxx and Ledger Nano. It is also among the few elite wallets that support being used on the Tor network.
This is another standard issue hardware wallet that is made for those with considerable cryptocurrency holdings that require a vault to keep their assets safe. Jaxx is one of the most versatile hardware wallets around as it accommodates the use and transaction of not only Bitcoin but a dozen other Altcoins like Ethereum, Monero, Litecoin and many others. Jaxx comes with standard security for the modern hardware wallet, with the recovery phrase option which other wallets like Trezor come with also available.
One of the most popular desktop wallets that puts a lot of effort into giving its user the perfect usability experience is the Exodus Wallet. Exodus was the first ever multi-currency desktop wallet in the industry which allows the user to seamlessly store their Bitcoin alongside other Altcoins like Ethereum, Dogecoin, Dash, Litecoin and others, without a problem. Exodus is a wallet that is very easy to set-up, as it values the users’ privacy and as such does not require any identification or email in order to set it up. It s also one of the few desktop wallets that provide for a highly efficient, recovery seed, which the user can use to back up their crypto assets.
#1 Ledger Nano
This is one of the most popular hardware wallet options around as it provides the user with one of the most secure storage facilities, as good as any other wallet in the niche. Ledger Nano is a USB device-shaped hardware wallet with an OLED screen on it and two buttons, which serves as a mobile vault for cryptocurrency holders with considerable amounts in their custody. Like every standard hardware wallet, the Ledger Nano comes with a pin and wallet recovery phrase which will come in handy in case one loses their physical device. Ledger Nano also supports a number of altcoins as well as Bitcoin, and it is a much lesser option for use than other more expensive hardware wallets.