Bitcoin has been the talk of the town for the past few years. Well, Bitcoin is not the only cryptocurrency in the market, but there are many. A Bitcoin wallet is a platform where you can store your digital currency and make transactions. Bitcoin or Crypto wallets are synonymous, so don’t get confused between the two.
There is no charge for using the Bitcoin wallet but, the Crypto exchange will charge some penny for every transaction. The transaction charges of the Bitcoin wallet depends upon the volume. To help you find the best wallets for your digital currency, we compile a list of the best Bitcoin wallets that you can install to start investing. Before moving further, We would like you to know about the type of crypto wallets. Primarily there are 5 types of Bitcoin wallets: Paper wallet, Mobile wallet, Web wallet, Desktop wallet, and Hardware wallet.
15 Best Bitcoin Wallets
- Atomic Wallet
- Ledger Nano X
- Trust Wallet
- Ledger Nano S
- Paxful Wallet
The investors are still learning about the crypto metrics, and Exodus wallet can be the right choice for the new learners. With Exodus, you can send, receive, and exchange up to 100+ cryptocurrencies. The wallet is compatible with mobile, desktop, and hardware crypto wallets. Exodus also comes with an in-built exchange that keeps you updated.
The user interface is one standout feature of the wallet that we loved. Exodus has interactive live charts that give you quick insight into your portfolio. The wallet offers a wide range of apps that can help beginners learn the art of investing in cryptos. Exodus has an advanced security mechanism that ensures the safety of your digital currency.
- 100+ cryptocurrency
- Live chart & portfolios
- Advanced security mechanism
Coinbase is one of the largest crypto exchange where you can store, transfer, and convert your digital currency. You can buy and sell more than 100 digital currency and track them in one place. The intuitive dashboard lets you manage and track your portfolio with ease.
You can make transactions in popular currencies like Dollar, GBP, Euros, and INR on Coinbase. The wallet notifies you about the latest fluctuation in the buy and sell price of the digital currency. For security, Coinbase stores your investment in a vault that has bank-level encryption.
- Intuitive dashboard
- Recurring buy
- Secured vault
CoinSwitch is the next best bitcoin wallet, highly preferred by users due to its features. The wallet has a simplistic user interface that guides you through digital currency investing. You can buy Bitcoin, Litecoin, Dogecoin, Ripple, Digibyte, and some other popular cryptos at the best prices.
The wallet has the fastest INR to crypto exchange, making it one of the best wallets on the list. You can make instant deposits and withdrawals to buy and sell your cryptos. All you need is to complete the KYC process, which barely takes 15 minutes, and you are good to go. CoinSwitch has prompt customer support that is available 24/7 to solve your queries.
- Simple user interface
- Fastest INR to crypto exchange
- Prompt customer support
Atomic wallet lets you manage, exchange, and buy all your crypto assets in one secure interface. It is one of the first Bitcoin wallets that comes with decentralized atomic swaps. You can swap between 60+ cryptos and earn cashback to increase your wealth.
The wallet deals in multiple currencies, and you can buy or sell up to 300 digital coins and tokens. You get encrypted private keys that ensure the safety of your wallet. The wallet doesn’t require any verification or KYC to start investing.
- 300+ coins and tokens
- 60+ cryptos swaps
- Private keys
Binance is a popular crypto wallet used by investors. You can conveniently store, buy, and sell a wide range of digital currency on Binance. Binance supports peer to peer or P2P exchange that offers various advantages to the users.
With P2P support, you can cut your transaction cost, trade at your preferred prices, and choose multiple payment methods. The wallet also deals in derivatives that can be the best option for risk-takers.
- P2P trading
- Third-party payment
Electrum is a purely Bitcoin wallet holder that has been there in the market since the inception of Bitcoins. If you only deal in Bitcoin, this wallet can be your ideal choice to store your coins. Electrum is one of the most secure options for Bitcoin investors as it uses the server that index on the blockchain.
You get encrypted private keys that you can export and use in other Bitcoin clients. One standout feature of the app is the Multisig feature that lets you split the spending of your coins between several wallets. The wallet also supports third-party plugins that makes it one of the best Bitcoin wallets on the list.
- Secure servers
- Third-party plugins
- Encrypted private keys
- Mulltisig feature
Ledger Nano X
Launched in 2014, Ledger Nano X offers more than 1500 cryptocurrencies for you to invest in. It is a hardware wallet that looks like a USB drive and is compatible with the Android and iOS platform. The wallet comes with an intuitive interface that lets you track your portfolio.
Ledger Nano X is open-source software that offers prompt customer support for your queries. This hardware wallet comes with an advanced protection mechanism of 2 chips that maintain the confidentiality of your private keys.
- Open-source software
- More than 1500 cryptocurrencies
- Can store up to 100+ apps
Trezor is the world’s first hardware wallet designed for crypto investors. It is a compact device that you can connect with your smart device. Trezor makes sure that your private keys are safe and out of the reach of intruders.
After connecting the wallet to your PC, you need to enter the 9 digit PIN to start investing. You can invest in Bitcoin, Dash, Dogecoin, Nomecoin, and other popular currencies on the Trezor wallet. One thing to consider before buying Trezor is that you should have Windows 7 or higher version PC. Trezor offers more than 600 cryptocurrencies investing options.
- Compact and convenient
- 600+ cryptocurrencies
- Advanced security system
Trust wallet is a highly rated mobile wallet for crypto investors that can do everything that a user wants. This best bitcoin wallet app lets you buy some of the leading digital currency in the market. You can buy Bitcoin, Dogecoin, Ethereum, ChainLink, Zilliqa, and much more.
With a Trust wallet, you can buy and sell your NFTS or make transactions in an international currency like USD and Euros. This mobile wallet has a bank-level security private key that protects your sensitive data. You can use different security methods like Face ID, PIN, or pattern to lock the app. The mobile wallet app is available on both Android and iOS platform. You can also download the APK version on the Android platform.
- Military-grade encryption
- Available on multiple platforms
- Interactive and simple UI
Mycelium is a mobile-friendly Bitcoin wallet where you can manage multiple accounts at a time. The wallet offers a lightning-fast speed, thanks to the supernode mechanism. Mycelium comes with a private key that allows a secure cold storage option to the users. You have complete authority over your private keys, which keeps your data safe and secure.
The wallet also offers some additional features which make it an ideal choice for the users. The app supports cryptocurrencies like Bitcoin and Ethreum. You can set custom transaction fees according to your preference.
- Secure cold storage option
- Manage multiple accounts
- Secure private keys
Gemini wallet offers varied services to investors, making it one of the best Bitcoin wallets on our list. You can instantly link your bank account to Gemini and start trading. You can buy Ether, Litecoin, Bitcoin Cash, and other popular currencies on Gemini.
You can create price alerts on the app so that you buy or sell the crypto at the right time to yield maximum profit. To make your investment convenient, you can set recurring buys and rest on your couch. You can use the Gemini Pay feature to make trading transactions.
- Recurring buy
- Create price alerts
Wirex is the next best Bitcoin mobile wallet that helps you store, exchange, and spend your cryptocurrency. The app offers more than 21 traditional and cryptocurrency accounts to deal in. Wirex Mastercard makes your transaction easy during the crypto trade.
The MasterCard converts the cryptocurrency at the point of sale to quickly complete the transaction. Wirex is the only wallet that offers OTC rates at the best price. The app crypto to crypto, fiat to crypto, and crypto to fiat live exchange rates.
- Wirex MasterCard
- OTC rates
- Convenient transactions
Ledger Nano S
Ledger Nano S is the predecessor of Nano X, which was one of the first hardware wallets in the circuit. Nano S provides identical features as compared with the X series with minor changes. Nano S also supports 1500+ cryptocurrencies trade at the best rates.
The Nano S has a limited storage option that can store a certain amount of cryptos in your wallet. The wallet doesn’t support USB C-Type devices so consider this factor before buying Nano S.
- 1500+ cryptos
With over 6 million users and 350+ payment methods, the next best Bitcoin waller on our list is Paxful wallet. There are integrated apps that let you make payment according to your convenience. You can transfer to more than 140 wallets worldwide. The app offers various gift cards that you can use to receive a discount on transactions.
- 350+ payment methods
- Transfer Bitcoins to more than 140 wallets
If you love innovation, you will love the Guarda Bitcoin wallet. It is a user-friendly platform to deal in cryptocurrency. The wallet doesn’t require any of your private information as it comes with a 12-word backup seed key to operate. You can easily import the private key whenever you want. The best part about Guarda is the active community that keeps coming with something new all the time.
- Control over the private key
If you prefer a hardware Bitcoin wallet, then Nano Ledger X and Trezor can be the best options. If you are comfortable with mobile wallets, then We would suggest you go for Coinswitch and Binance. We have covered mostly all types of Bitcoin wallets, you can choose any from the list according to your preference.