How to choose your Bitcoin Wallet

0
320
Bitcoin Wallet

This blog’s gonna talk about the features, benefits, and drawbacks of each open-source bitcoin wallet. 

For your information, just like every other thing in life, your wallet too has advantages accompanied by disadvantages. Now it’s up to you, to evaluate if the drawbacks are outweighing the positive points. Or if it’s manageable.

Let’s move ahead.

First, we are going to discuss the free bitcoin wallets that are available for you, where you can send and receive Bitcoins. 

List of free wallets: 

  1. Blockstream Green
  2. Copay
  3. Breadwallet
  4. Jaxx 
  5. MyEtherWallet

Blockstream Green: 

This is one of the most widely used and well-known bitcoin wallets.

You can access it on multiple platforms such as Desktop and mobile devices.

The best thing about Blockstream green is that it necessarily uses two-factor authentication against every transaction.

In addition to that, it has enabled a barcode system for sending and receiving funds, which makes it easier and safer to use.

It is a free wallet designed to send and receive Bitcoins and other cryptocurrencies. 

This is the best bet anyone could make.

Copay:

Copay is another free bitcoin wallet. It’s quite popular among crypto traders, but for those of you who pose yourself as beginners with crypto, this can be a good start.

It is loaded with features such as 

  • Multi-signature
  • Supports bitcoins
  • Highly secured
  • Wallet backup 

This is available for Android, Windows, iOS, MAC, and Linux. 

All of these features help the users to access and utilize their digital currency properly without the fear of it getting stolen or exposed to public view.

It enables the access of private keys to the owners, which grants them complete control of their digital currency. 

This wallet provides enterprise-level security, to build and maintain a feeling of trust and confidence among the users.

Breadwallet: 

This is another free bitcoin wallet. This one’s easy to use, and also gives flexibility to users. 

  • Easy to use
  • Flexible
  • Anonymous transactions
  • Security
  • untraceability
  • Multi-lingual

The best feature of this one is that it supports multiple languages and provides the facility of anonymous transactions. Thus, making it easy to use for majority of the users.

Amazing right?  

You just have to use this wallet. Yes! You heard it right. You do not need to even sign up. You can search for your transactions with IDs.

It also allows direct interaction and connection with the bitcoin blockchain network.