Anyone au fait with how Bitcoin works will know that you need a digital wallet in which to keep your Bitcoin. This helps to keep everything more organised, and you can sync the wallets to different online programs to allow you to use Bitcoin. Your wallet stores information and keeps the digital credentials for the Bitcoin you own.
You can get different types of Bitcoin wallets, but the most common is ‘software wallets,’ and these fall into the categories of full clients and lightweight clients. These basically denote the complexities of the type of wallet you’re looking to use. Here are some of the most popular Bitcoin wallets to use in 2017.
Coinbase is best-known as an exchange service users can use for the buying and selling of Bitcoins. However, they also have an online wallet service that is one of the best around. The reason it’s so good is that it is easy to use and perfect for beginners, and prevents anyone else from having control over your Bitcoin funds. This is one of the best places to start if you’re looking for an online wallet and offers good privacy.
Trezor is a popular choice at the moment, and that’s largely down to the world class security it provides. You never have to worry about storing a large amount of Bitcoins safely again. This is a wallet that is perfect for beginners, as well as those who are seasoned users. There is a great user-friendly interface, and additional support wallets should you need them.
Launched in mid-2016, Exodus is one of the newest Bitcoin wallets on the market. And, the great thing about it is that it allows you to store all manner of cryptocurrencies, not just Bitcoin. People with Litecoins, Ether, and Dash can also use this wallet. Perfect for those of us who have invested in several different cryptocurrencies, but want to keep everything in the same place.
MyCelium is a popular mobile wallet but isn’t great for beginners. You’re going to need to understand a little about how the process works if you want to use MyCelium. You also have to know that there is no desktop interface so you will need to use your mobile to access the app. But it is one of the safest and fastest on the market. If you are an experienced user, you definitely need to use MyCelium.