Protect what you have.
There are many cases where people have lost their crypto because it was not secured enough as you may know that the cryptocurrencies are not even registered under the law of any country. So, you have to be extremely careful when you are choosing a wallet for your digital currency.
Breadwallet is a mobile application based wallet developed by bread in 2015. It is available for both Android and IOS devices. It is secure and offers a simple way to store bitcoin. The app is well optimized, and it can directly link with their respective blockchains to increase transaction speed.
Breadwallet is built to protect personal information and privacy. With the tap of a button, send and receive money anytime, anywhere, with complete financial privacy. Bread Wallet offers a unique feature of the standalone client, no server to use when users are sending or receiving bitcoins in their wallets.
The best thing is, you don’t need to register an account to use. It directly connects to blockchain securely.
Copay is a multi-signature support wallet (a single wallet can have more than one user). This feature also makes it useful for business purposes. It has both mobile and desktop support. Copay has Bitcore Wallet Service (BWS) for the network interfacing and peer synchronization as well.
Copay is developed managed by BitPay and several other contributors as it is an open-source wallet. This wallet gives users multiple options for accessing their own wallets.
The following are some of its features.
- This is an HD wallet, so it is very secure.
- All private keys (secrets) are stored locally, not in the cloud.
- It comes with the support of 150 currency pricing options.
- It also comes with support for Bitcoin testnet wallets.
Jaxx got the integration to ShapeShift, which supports many cryptos like Bitcoin, Ethereum, Dash, DAO, Litecoin, REP, etc.
It is designed to work and sync across all the different devices. It has the excellent backup option as you can backup your account through single master seeds, which are the string of random words that will help you recover your coins quickly.
You can quickly convert currencies between bitcoin, Ethereum, and DAO. Jaxx also lets you hold regular, fiat currencies. Jaxx is an excellent choice for users who always require a multi-currency wallet. It also provides excellent user support.
Armory is an open-source wallet that has multi-signature support.
This wallet gives users full control over the creation and storage of cryptographic keys. Through the consolidation of powerful security factors and a user-friendly interface, it is developed in such a way to serve individuals and businesses safeguard and maintain their bitcoin tokens.
Armory wallet has the support for cold storage, and this means that it also allows managing Bitcoin without the Internet connection. It also provides multi-signature options. This wallet is perfect for users who always place more emphasis on security.
GreenAddress is a hierarchical deterministic wallet designed to possess a great balance between private key security and user accessibility.
GreenAddress is a powerful Bitcoin wallet with many features, and some of them are below.
- Multiple 2-factor authentications choice
- Offer API to manage Bitcoin programmatically
- You can set spending limits
- Multi-platform & device
MyEtherWallet helps you with Ethereum’s needs. It has facilitated Etherueum basics like setting up a paper wallet, sending ether, collecting ether, generating a seed, and even much more.
MyEtherWallet has a connection to Ethereum test networks like Ropsten. It supports the majority of hardware wallets like Trezor, Ledger, etc.
Electrum is developed on Python, and it works on Windows, Mac, and Linux. Electrum is considered as one of the reliable wallets available today, and that’s mostly due to the encryption techniques it manages to secure the private keys. It is a lightweight client wallet that allows users to connect to external servers rather than downloading the entire Bitcoin blockchain by running a full node.
Electrum servers are decentralized and redundant, so the wallet is never down.
Edge uses a special feature of client-side encryption to encrypt all the private data to keep it safe.
Edge has ShapeShift integration so that the user can instantly convert between coins and tokens from this. It supports both Android and iOS mobile devices. Some features of Edge include:
Coinbase is one of the world’s largest known crypto currencies brokers. Users can easily buy bitcoins with a debit card, bank account, SEPA transfer, and many more methods. It also offers an exchange and developer API too. It provides an instant buy unique feature in certain countries, which means that credit and debit card purchases are available instantly to the users.
Did you know Coinbase got a wallet where you can store all digital assets securely in one place?
You can download a Coinbase wallet from Google Play and App Store.
If you choose the wrong wallet for your cryptocurrencies, you may give up all of your money. It will be better to spend your time to understand and learn about different Cryptocurrency wallets to protect yourself from scam and fraud that are taking place nowadays.
If you are looking to invest but have no idea, then check out this Cryptocurrency investment course for beginners.