There is no shortage of options to choose from when it comes to the best Bitcoin wallets. Selecting the right one can be a daunting task. To help you out, we’ve compiled a list of the top and best Bitcoin wallets, with their most popular features and website links.
Top Bitcoin Wallet Picks
PrimeXBT ✔️ Coins Supported: BTC, ETH, USDT, USDC, COV ✔️ Type of wallet: Custodial wallet ✔️ Price: Free Get Wallet ZenGo ✔️ Coins Supported: ETH, BTC, USDC, SHIB, etc. ✔️ Type of wallet: Non-custodial ✔️ Price: Free Get Wallet Ledger Nano X ✔️ Coins Supported: BTC, ETH, LTC, DOGE, etc. ✔️ Type of wallet: Cold wallet ✔️ Price: $149 Get Wallet Binance ✔️ Coins Supported: BTC, ETH. ✔️ Type of wallet: Hot wallet ✔️ Price: Free Get Wallet Trezor Model T ✔️ Coins Supported: BTC, ETH, USDT, etc. ✔️ Type of wallet: Cold wallet ✔️ Price: €189 Get Wallet
1) PrimeXBT
PrimeXBT is a copy trading and margin trading platform with available features for traders of all experience levels; from experienced to novices alike. Copy trading helps Professional traders to monetize their skills by allowing others to copy their strategies. PrimeXBT uses Multi-signature access (“Multisig”) to provide both security against attacks and tolerance for losing access to a key or facility, eliminating single points of failure. All fund transfers from Cold Storage to Hot Wallets are handled manually and require the coordinated actions of multiple employees. For maximum security and safety of funds, at PrimeXBT, all customer assets are stored in a cold storage wallet. PrimeXBT processes all pending withdrawals once a day, between 12:00 and 14:00 UTC. A withdrawal requested before 12:00 UTC will be processed on the same day. Any withdrawal requested after 12:00 UTC will be processed on the next day. PrimeXBT main features for secure wallet: Type of Wallet: Custodial wallet Price: Free 2FA (Two-factor authentication) for your account safety. Available to buy crypto using credit card/SEPA, transfer/Metamask, also using Coinify, Xanpool, Paxful (P2P). Visit PrimeXBT »
2) ZenGo – Most Secure Non-custodial Wallet
ZenGo is the first Web3 wallet with no private key vulnerability, secured by encrypted biometrics. While this technology has been used by billion-dollar institutions for years, ZenGo is the 1st wallet to offer these advanced security features as a crypto wallet. Millions of dollars of NFTs have been lost or stolen because of private key mismanagement. With no private key to lose or steal, ZenGo’s wallet removes the main vulnerability leading to NFT theft – a hacker’s worst nightmare. Includes a built-in Web3 firewall. ZenGo offers 24/7 in-app customer service with real people and supports 70+ assets, including Bitcoin, Ethereum, and Tezos. Are my coins secure? Type of Wallet: Non-custodial Price: Free
ZenGo’s advanced security makes it very difficult for hackers to access your wallet. When you sign up, you’ll need to use 3FA level security. After that, you’ll need to confirm your registration by clicking the link in your email. Once you have completed those steps, your decryption code will be saved on your cloud storage. Lastly, you will need to set your encrypted biometrics. This wallet also uses MPC-based cryptography technology, making it extremely secure. They have also implemented a guaranteed access solution called “Chill Storage™” that allows you to access your funds in extreme cases.
Visit ZenGo »
3) Ledger Nano X – Best Cold Wallet for those on a Budget
The Ledger Nano X is a powerful cold storage wallet from Ledger Company. It has over 100+ crypto apps and coins. It offers features like Bluetooth and USB-C cable connectivity. It makes it easy to manage your cryptos and NFTs while also providing a good balance of security and accessibility. Ledger Nano X is the most preferred hardware crypto wallet when it comes to storing crypto assets offline. It is an ideal wallet for crypto investors who want to store 5500+ crypto in one location with a good balance between security and accessibility. This hardware wallet comes with the most convenient form factors and uses micro-LCD. Setting up a PIN is the first step. Then, you need a 24-word seed phrase that will act as your wallet’s private key. Ledger Nano X is delivered to all the countries, and it provides support for Android and iOS platforms. The size of this hardware wallet is 72mm × 18.6mm × 11.75mm, and it supports only the ERC20 token. Are my coins secure? Type of Wallet: Cold wallet Price: $149 The Ledger Nano X protects your private keys by storing them in certified Secure Element chips that are tamper-resistant. This prevents them from being exposed to anyone who might try to access them. These chips are also certified with CC EAL5+, providing you with an extra level of security. The French National Agency for the Security of Information Systems has audited Ledger Nano X and found it to be the only Ledger product in the market which uses a Secure Element with a custom Operating System. This makes it more secure by reducing cyber risks. Visit Ledger Nano X
4) Binance – Best Wallet with Multiple features
Binance is a bitcoin exchange platform that offers a robust selection of crypto trading features. Changpeg Zhao, a software developer, founded this Bitcoin wallet in 2017. It provides features like Auto-invest, staking, DeFi, Futures and Options, and P2P trades. This exchange’s average 24-hour trading volume is an impressive $100 billion, which speaks to the high level of trust users have in the system. Binance’s native coin is BNB, which is also among the top 5 cryptocurrencies globally. Due to all these services, Binance tops the list of best crypto wallets. The exchange operates on a blockchain called the Binance Chain. Binance is available in the UK, USA, France, Belgium, Italy, and 100+ countries. It offers a mobile app for iOS and Android operating systems. It provides blockchain support for BNB, Cardano (ADA), ERC-20, BTC, ETH, LTC, etc. Are my coins secure? Type of wallet: Hot wallet Price: Free Binance employs a super-safe security system that guarantees the safety of your coins. This platform utilizes two-factor authentication (2FA) verification, device management, addresses whitelisting, and cold storage to keep your data secure. A whopping 95% of coins are stored in cold storage! Visit Binance »
5) Trezor Model T – Best Hardware Wallet for those on a Budget
Best for a digital security solution that goes beyond cryptos and gives you easy control over your finances. Satoshi Labs has an amazing subsidiary company called The Trezor Company. They have two amazing products: the Trezor One and the Trezor Model T. The Trezor Model T was released in 2016, and it has been impressing users ever since! The Trezor wallet is the best way to keep your cryptocurrencies, digital assets, and passwords safe from hackers. It is the next-generation hardware cryptocurrency wallet that has a touchscreen display, a faster processor, and superior security for more than 1800 coins and tokens. Trezor Model T size is Size: 64 mm x 39 mm x 10 mm, and it is delivered to all the countries. However, this crypto wallet is only available for the Android platform, and it provides support for the ERC20 blockchain. Are my coins secure? Type of Wallet: Cold wallet Price: 189 EUR Trezor T is among the first hardware wallet to implement Shamir Backup (SLIP39), which makes it more secure for your Bitcoins. It also contains a passphrase for extra security to your recovery seed (SLIP39, BIP32, BIP39, and BIP44). The Trezor T’s firmware is constantly updated, making it more resistant to theft. It also supports other security levels like PIN setup and U2F. Plus, its device recovery feature lets you recover all lost data. Visit Trezor Model T
6) Crypto.com – Best Non-custodial DeFi Wallet
Crypto.com is one of the fastest-growing Bitcoin exchange platforms, and also it is one of the best crypto wallets that offers over 250+coins and a variety of services, including selling, holding, buying, and trading. It also offers low trading fees, a decentralized exchange, cryptocurrency credit cards, and an NFT marketplace. Crypto was founded in 2016 by Rafael Melo, Bobby Bao, Kris Marszalek, and Gary Or. It now has over 10 million users from more than 85 countries. This crypto wallet offers support for cold storage. It is available 83+ countries like Argentina, Australia, Bahrain, Brazil, British, Costa Rica, and much more. It offers mobile apps for Android and iOS platforms. Crypto.com offers blockchain support for BSC, ERC-20, AVAXC, Arbitrum, BEP2, etc. Are my coins secure? Type of wallet: Hot wallet Price: Free Crypto.com is always being checked by other people in the same field and uses both stable and changing code analysis tools. -It employs two-step verification, cold storage, and a bug bounty program that offers rewards for finding and reporting bugs. Your USD balances are kept at Metropolitan Commercial Bank if you are a U.S. resident. As it is an FDIC member, the bank offers high-level security for your finances. This means your fiat funds are insured for up to $250,000. You will also have full ownership of those funds. Crypto.com or its creditors cannot claim your fiat funds. Visit Crypto.com »
7) Coinbase Wallet – Best Wallet for Beginners
Coinbase is a popular and one of the best bitcoin wallets that allow users to conduct transactions. It helps you to sell, buy, and store Bitcoin and other digital currencies like Ethereum, Dogecoin, etc. It is available in over 100 countries and is trusted by 35 million people. Coinbase Wallet allows you to store all your NFTs and digital coins in one place. It is available in 100+ countries like North America, South America, Asia, Africa, etc. It offers a mobile app for Android and iOS platforms. This bitcoin wallet supports various blockchains like Arbitrum, Avalanche C-Chain, etc. Are my coins secure? Type of wallet: Hot storage Price: Free It is the non-custodial digital wallet, which means you have entire access to your wallet’s private keys. The keys are generated with a 12-word recovery phrase on your sign-up. It also offers several other security measures like Biometric logins, Two-step verification, AES-256 encryption for digital wallets, and FDIC- insured USD balances. Visit Coinbase »
8) Kraken – Best Wallet with High deposit & withdrawal limits
Kraken is one of the most popular Bitcoin exchanges that offer a variety of features. You can use Kraken to buy, sell, invest, exchange, set limit orders, and more on Bitcoin and Ethereum. Kraken is one of the biggest crypto marketplaces, supporting more than 120 different coins in 150 countries. In addition to spot trading, Kraken also supports cryptocurrency futures. Kraken crypto exchange was founded in 2011 by Jesse Powell in San Francisco. Kraken was created to provide investors with a reliable and affordable platform for cryptocurrency trading. It remains one of the most popular exchanges for buying and selling digital currencies like Bitcoin. Kraken provides support for 120+ coins are supported, which include Bitcoin (BTC), Polkadot (DOT), Ethereum (ETH), etc. It is available in Asia, Africa, Europe, North America, and South America. It has a mobile app on Android and iOS platforms. It offers blockchain Support for ERC-20, Polkadot, Solana (SPL), Cardano, Ripple, + and 20 other networks. Are my coins secure? Type of Wallet: Hot and Cold Price: Free Kraken employs a number of security features to protect user funds, including SSL encryption, precise API key permission control, 2FA withdrawal email confirmation, strict surveillance, and air-gapped cold storage. Its commitment to security is one of the things that sets it apart from other exchanges. Visit Kraken »
9) CoinSmart – Best Wallet for Canadians
CoinSmart is the perfect platform for those with zero knowledge of cryptocurrency to get started. This crypto exchange accepts SEPA, E-transfers, and other cryptocurrencies as funding methods and makes it easy to track all your activities like deposits and withdrawals. CoinSmart, based in Toronto, specializes in making buying, selling, and tracking cryptos quick and easy. It was established in 2018 by Jeremy Koven and Justin Harzman with the goal of making crypto exchanges more accessible and reliable for everyone in Canada. CoinSmart currently offers 16 Cryptocurrencies, including BTC, ETH, LTC, XLM, ADA, DOGE, DOT, etc. It is available in Countries like Austria, Canada, Belgium, Cyprus, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, and various other countries. It offers a mobile app for Android and iOS. This Bitcoin wallet Canada offers blockchain support for ERC-20 and standard BTC wallets. Are my coins secure? Type of wallet: Cold wallet and Hot wallet Price: Free At CoinSmart, we use Smart Security to prevent fraud and protect your coins. Our comprehensive identity verification process ensures that your account is safe and secure. It helps identify fake identities using a database offered by data collection agencies. Uses 2 Factor Authentication. Visit CoinSmart »
10) Mycelium – Best Mobile Wallet
Mycelium is a top-notch mobile wallet that is non-custodial. With it, you have complete control over customer transaction fees and can integrate it with major hardware wallets, which makes it ideal for investors who want to securely manage Bitcoin, Ethereum, and ERC-20 tokens. It is an excellent platform for investors to send, store, or trade Bitcoin and other cryptocurrencies. It is the best mobile wallet when it comes to bitcoin and other cryptocurrencies. Mycelium also supports various account types like Single Address, HD, Bit ID, and Watch only. Mycelium, established in 2008, is a popular bitcoin wallet that provides multiple storage services. As a non-custodial wallet, you have sole control over your private key and PIN. Mycelium is an open-source wallet that has teamed up with Cashila, Glidera, and Coinapult to provide financial services. Mycelium offers its own decentralized in-person exchange marketplace called “Mycelium Local Trader.” In this marketplace, you can connect with each other and facilitate the buying and selling of Bitcoin in a secure environment. Mycelium provides support for 22+ crypto coins, including BTC, USDT, BUSD, USDC, ETH, and ETC.
Are my coins secure? This wallet offers a variety of PIN protection and pattern sniffing protection, as well as support for the TOR network to mask IP address and location. This helps to protect your digital assets from hackers. At signup, you’ll need to set up a code to lock all essential functions like exporting a single address account, sending Bitcoin, and buying and selling. There’s also a backup feature that requires a 12-word backup phrase to retrieve your account if it’s lost or stolen. Link: https://wallet.mycelium.com/
11) Exodus – Best Wallet with Zero Fee
Exodus is a well-known Bitcoin software wallet that is used to securely sell, buy, hold, and manage Bitcoin and several other cryptocurrencies/NFTs. It is easy to use, which has made it popular among both new and experienced crypto traders. This software wallet provides access to more than 160+ cryptocurrencies like Bitcoin, Ethereum, Bitcoin Gold, etc. It all started in 2015 when Daniel Castagnoli and JP Richardson and founded the company in Nebraska. In April 2021, the United States Securities and Exchange Commission approved its Class as a common stock offering. The company is compatible with hardware wallets. Exodus wallet can be accessed from anywhere in the world. It Is available Android and iOS platforms. It offers blockchain support for Polygon, ERC20, etc.
Are my Coins Secure? Exodus is a self-custodial wallet which means you are the owner of your asset wallets, and everything is encrypted and stored locally on your system. Exodus does not offer access to your data unless you want to share it. They do not offer any interaction method with your wallet/funds, or they also prevent you from using the wallet to store crypto. Link: https://www.exodus.com/
FAQ:
⚡ What is Bitcoin?
Bitcoin is a digital currency that is not subject to government regulation. It is decentralized and can be used to purchase goods and services anonymously. Like traditional currencies, such as USD, bitcoin can be used as a medium of exchange. However, cryptocurrency is designed to be exchanged digitally through a process made possible by certain principles of cryptography. Cryptocurrency is a digital asset based on cryptography. If you want to learn about cryptocurrency and blockchain technology, here’s a free tutorial you’ll want should check out: Cryptocurrency Tutorial for Beginners
🏅 Which are the best and safest Bitcoin wallets?
Following are some of the best Bitcoin wallets while being safe at the same time:
PrimeXBT ZenGo Ledger Nano X Binance Trezor Model T Crypto.com
💲 How to Add Funds to a Bitcoin Wallet?
To purchase Bitcoin, first, specify the amount you want to buy. Then enter the amount you want to deposit into your Bitcoin address. Finally, use Wire, ACH, or a credit card to transfer the funds to your Bitcoin crypto wallet.
💻 How does Bitcoin ATM works?
Bitcoin machines, also called Bitcoin Teller Machines (BTMs), are not ATMs in the traditional sense of the term. They are centers where you can buy Bitcoins using fiat currency. Some machines also allow you to sell Bitcoins.
🌟 What are the safety measures used in bitcoin wallets?
There are some important safety measures to take note of when using a Bitcoin wallet.
Keep a minimal amount in the Bitcoin wallet. Backing up your wallet helps protect you from computer failures and many human errors. You should encrypt any backup which is exposed to the network in order to keep it safe. You should use a strong password that contains letters, numbers, and punctuation marks. It should be at least 16 characters long. You need to be very careful about never forgetting your password, or you may lose access to your funds.
❓ Can you pledge/take a loan against coins stored in bitcoin wallets?
A bitcoin loan allows you to pledge or retake a loan coin stored in a bitcoin wallet. This is similar to a traditional loan offered by banks, but most of the risk is not on the lender. The borrower is still putting up more than enough Bitcoin to cover the loan and interest.
🚀 What are some essential types of Bitcoin wallets?
Here are some important types of Bitcoin Wallets:
Hot wallets: Hot wallets are a type of cryptocurrency wallet that uses keys that were created or stored on a device that has internet access. Hot wallets provide high utility but are considered less secure than cold wallets. Cold wallets: A cold wallet is a cryptocurrency storage solution that is not connected to the Internet. The most secure type of wallet, it uses a physical medium – typically in the shape of a USB stick – which would require hackers to have access to your device. Hosted wallets: Hackers often target hosted wallets because they store the data of all the funds from the wallets on the server. While hosted wallets offer various levels of protection, third parties typically insure them. Decentralized wallets: The main advantage of a decentralized wallet is that you are the only one who controls the private keys. This means that you are in full control of your cryptocurrency, and no one else can access it. However, you are also responsible for ensuring the security of your wallet and there is no guarantee of complete privacy. This will help you to reduce some of the security risks associated with hosted wallets. Hardware Wallets: The three most popular types of hardware wallets are the Ledger Trezor, Nano X, and the KeepKey. They are physical devices, like USB drives. They are considered to be a very secure type of wallet for bitcoins and other cryptocurrencies Software Wallets: Also known as hot wallets, software wallets are online crypto trading platforms that don’t need to be downloaded and can be accessed via an internet browser.
Also, Check: Best Anonymous Bitcoin Wallets
❗ What should you look for in a Bitcoin Wallet?
Here are some important factors that you should
Usage: The most important thing to think about when choosing a bitcoin wallet is how you plan to use your bitcoin. So, if you’re aiming to buy and hold your investment for the long term, a hardware wallet is definitely the way to go. 2-factor authentication: 2FA, or two-factor authentication, is an additional security measure that allows you to verify your identity when logging into your bitcoin wallet. If someone were to obtain your password or crack it through various methods, they would still need to pass the second level of authentication to gain access. In order to gain access, most exchanges will send a verification code to your mobile device, which must be entered into the sign-in field. Multi-signature support: If you’re running a bitcoin wallet with multiple users, like business partners, you’ll need to enable multi-signature support to keep the wallet secure. This ensures that multiple keys are used for access and to prevent unauthorized spending or to transfer of funds to another bitcoin wallet. Exchanges as crypto wallets: Many people who use cryptocurrency are finding Coinbase to be a helpful platform. It offers a variety of tokens and helps you to make payments, buy, sell, and trade with the assistance of the GDAX platform. QR Code Scanner: A QR code scanner is necessary if you want to access the mobile bitcoin wallet. This allows you to generate and scan a QR code for coin transfers using your mobile device. Backup Option: Your chosen Bitcoin wallets should offer an option for backup. That way, if your laptop, PC, or phone device stops working, you have data to restore immediately. Some mobile Bitcoin wallets, like Coinbase, have a handy feature that allows you to restore your wallet.
Also, Check: Best Crypto Wallet in India
🏅 What is a Bitcoin address?
A Bitcoin address can be thought of as like an account number at a traditional bank. The address denotes which wallet the coins should be sent to. In a similar way that a bank account number would. However, the major difference lies in the fact that wallets can have numerous addresses. You can personalize your Bitcoin address by adding payment request information like an amount and expiration date.
BEST Bitcoin Crypto Wallets
PrimeXBT ✔️ Coins Supported: BTC, ETH, USDT, USDC, COV ✔️ Type of wallet: Custodial wallet ✔️ Price: Free Get Wallet ZenGo ✔️ Coins Supported: ETH, BTC, USDC, SHIB, etc. ✔️ Type of wallet: Non-custodial ✔️ Price: Free Get Wallet Ledger Nano X ✔️ Coins Supported: BTC, ETH, LTC, DOGE, etc. ✔️ Type of wallet: Cold wallet ✔️ Price: $149 Get Wallet Binance ✔️ Coins Supported: BTC, ETH. ✔️ Type of wallet: Hot wallet ✔️ Price: Free Get Wallet Trezor Model T ✔️ Coins Supported: BTC, ETH, USDT, etc. ✔️ Type of wallet: Cold wallet ✔️ Price: €189 Get Wallet
