A Bitcoin wallet is a software application that will help you store your bitcoins and other digital currencies. Since bitcoins or any other digital currencies do not have a physical form you will not be able to store them anywhere else other than crypto wallets.
Crypto wallets are considered to be easy to use and reliable. They are also safe and secure to use. Let’s look at the below article to analyze the top bitcoin wallets available in the market.
Binance Chain (BNB)
PointPay Banking Wallet
Coinbase is a best overall cryptocurrency wallet that can be used to not only store digital currency but also for purchasing, transferring and even selling of these digital currencies. The application even has an offline storage where it securely holds and stores a wide range of digital assets. This cryptocurrency wallet is available in more than 100 countries.
One of the features of Coinbase is that it is one of the largest cryptocurrency exchanges. The platform stores all your digital assets safely in a vault. Coinbase lets you schedule your trading process on a daily, weekly or a monthly basis.
This application provides a single platform for buying, selling, transacting and storing digital currency making it easier. The application is available for both iOS and Android devices.
Binance Chain (BNB)
Binance Chain is considered to be one of the best cryptocurrency wallets. Through Binance you can create a crypto wallet but also use the platform for trading more than 150 cryptocurrencies. The application even provides an Application Programming interface that helps you to integrate your current trading application.
Some of the other features of Binance Chain include 24/7 support making it one of the safest cryptocurrency wallets. It is considered that Binance Chain does more than 1.2 billion average daily trading volumes. Binance Chain has more than 14 lakh transactions per second.
Binance chain has a wide range of applications for online trading and also offers various basic and advanced exchange interfaces for trading. The application is available for android, windows and iOS users.
PointPay Banking Wallet
PointPay Banking Wallet is one of the best crypto wallets. It is considered to be the first cryptocurrency wallet in which you can store more than 10 cryptocurrencies that are popular. This application not only lets you store your cryptocurrencies but also will provide you with interest in depositing your cryptocurrency.
On a yearly basis, it is estimated that you can earn up to 30% with the PointPay token (PXP) in the PointPay Banking Wallet. You will have to buy the PointPay token to get additional interest in your cryptocurrencies.
You also have the feature of taking loans using your cryptocurrencies. Through PointPay banking wallet you can easily buy and sell your cryptocurrencies using credit cards, debit cards, bank transfers, SEPA or even using Apple pay.
You can use the mobile application on both iOS and Android devices.
Bitfinex is a trading platform. The application will let you easily exchange cryptocurrencies such as Ethereum, EOS, Litecoin and many more. This platform even enables you to use a peer-to-peer funding market. This website offers you with advanced chart tools which will help you visualize your products easily.
Bitfinex provides various tools to make trading easier. The application is available for both Android and iOS devices.
Trezor is slightly different from other crypto wallets. It is a hardware wallet that will help you store your bitcoins. You will be able to easily plug Trezor into your computer or a smartphone, then it would provide you with a pin code which will be generated randomly. This will ensure that the device is safe and secure.
Some of the other features of this hardware wallet include an offline storage system that is ultra-secure, easy-to-use touchscreen, exposure to private keys, etc. This platform supports more than 1,000 currencies and is available for Windows users, Mac OS X users and Linux users.
Paxful is one of the popular cryptocurrency wallets. Paxful is a peer to peer marketplace which you can use to buy and sell bitcoins. The platform offers more than 300 payment methods. This platform makes it easier for beginners as well as intermediates to make profits from digital currencies.
Paxful Wallet lets you directly withdraw from the bank account and also lets you send funds to your bank account or PayPal account. Paxful provides safety for your money and even lets you trade in more than 100 digital currencies. You can use Paxful wallet to buy and sell bitcoins with bank transfers.
Ledger Nano is a hardware crypto wallet, it supports multiple cryptocurrencies. They provide a LED display and a pin for transfer of wallets. Ledger Nano can be easily accessed through a USB supported device.
You can use Ledger Nano on Mac, Linux and Windows. They also have a two-factor verification process.
WireX is more like a travel card and a cryptocurrency wallet. It helps to convert your payments into any local currency without any exchange fees. It is also a hardware wallet. WireX allows you to buy, store, spend and exchange cryptocurrencies anytime and anywhere.
Overbit is a platform which helps in trading of bitcoin, cryptocurrencies and forex. It won’t allow the wallet to have a negative balance. It also offers features such as advanced risk management which will limit the exposure.
eToro is a cryptocurrency wallet which provides additional features such as stock trading, commodities, ETF’s, Index funds, Forex trading and many more. eToro is supported by Android and iOS devices. You can easily buy and sell cryptocurrencies using this app.
Bitcoin IRA is a cryptocurrency platform which will let you buy and sell bitcoins and it provides an additional benefit where the gain you receive from your bitcoins are going to be tax free. The other assets you can invest in are Gold, Ethereum and many more.
FTX is a cryptocurrency exchange and also a derivative exchange. You will be able to buy and sell your cryptocurrencies in a pre-determined price. You can use the platform on both mobile application and desktops.
Phemex is a cryptocurrency platform which lets you trade cryptocurrencies easily. You can also buy cryptocurrencies through different payment methods or using credit/debit cards. It lets you perform up to 300k transactions per second. The application is available for both Android and iOS devices.
Bybit is also a cryptocurrency wallet which lets you trade cryptocurrencies easily. This application lets you customize it according to the requirements. The platform is available for both android and iOS devices.
BitIRA is a platform which will let you invest in cryptocurrencies for IRA which is for your retirement account. BitIRA provides security on the risk of devaluation. It also allows you to exchange one currency with another.
Blockchain is considered to be the safest cryptocurrency wallet. It offers two different wallets which are cold wallet which you can use for storing your bitcoins and cryptocurrencies and hot wallet that you can use for transaction of bitcoins and cryptocurrencies. The platform supports both android and iOS devices.
Robinhood is also one of the top cryptocurrency exchange and bitcoin wallet. You can buy bitcoins, Ethereum, Dogecoin and other cryptocurrencies using one of the best crypto wallets, Robinhood. You can use the smartphone application for all your transactions.
Coingate is a platform that lets you store cryptocurrencies such as bitcoins, Ethereum, Litecoin and many more in an easier way. You can purchase cryptocurrencies with a wide range of payment methods. The application supports more than 50 cryptocurrencies.
Monero XMR is a cryptocurrency wallet. It is considered to be one of the fastest, secured and a private platform. The wallet is available for a variety of devices. It also helps to convert the currencies into XMR. You can also use MONERO as a currency in exchange for goods and services.
Atomic Wallets helps in managing and storing up to 300 cryptocurrencies and tokens such as bitcoins, Ethereum, Litecoin and many more. It is considered to be one of the best crypto wallets. Atomic wallet provides an instant exchange with cashback offers.
Electrum is one of the oldest cryptocurrency markets available in the market It offers excellent privacy features and is considered to be best wallet for cryptocurrency. It provides high security and prevents thefts and loss of funds.
Edge is a bitcoin wallet which is used for mobile devices which include android and iOS devices. It provides support for more than 30 cryptocurrencies making it one of the best crypto wallets available in the market. It also offers two factor verification process.
BRD is a crypto mobile wallet which renders the customer loyalty and also have rewards programme. This application also provides a hardware encryption which will keep your cryptocurrencies safe. It offers privacy and an easy user interface.
The above is the list of top crypto wallets. You can go through the features and use this article as a reference to choose the right crypto wallet according to your needs. Cryptocurrencies are considered to be the future and we will be able to see huge rise in the crypto wallet industry.
What is Bitcoin wallet?
A Bitcoin wallet is a software application in which you store your Bitcoins. However, bitcoin does not exist in any physical shape or form. Bitcoin can't technically be stored anywhere except coin wallets.
How to Add Funds to a Bitcoin Wallet?
You need to determine the amount of Bitcoin you want to buy. After that, you need to enter an amount that you want to deposit to your bitcoin address. Then using ACH, Wire, credit card the amount will be transferred to the bitcoin wallet.
What are the best Bitcoin wallets?
Coinbase, Binance, Trezor, and Bitfinex are some of the best Bitcoin wallets.