Top 10 Bitcoin Software Wallets in 2019
When dealing with cryptocurrencies, you will need a wallet to store them in. And as it’s not a real currency, you need a virtual wallet as well – which can either be a software wallet, a hardware one, or a paper wallet. Each type has its advantages and disadvantages, but today we will focus on software wallets – which are usually free to use and can be accessed from either desktop/laptop or mobile. Some wallets have both desktop and mobile versions if you need to have access to your Bitcoins from multiple devices. Without further ado, let’s look at the top 10 Bitcoin software wallets to keep your coins safe in 2018:
Blockchain.info is one of the most beginner-friendly software wallets out there. The interface is very comprehensive, and they have both mobile and desktop versions available. You Bitcoins are deposited online, but you have full control over your private keys, meaning the company does not have access to your funds. However, their verification process is pretty rigorous, so we wouldn’t recommend it if you want to keep your transactions more or less anonymous.
Coinbase is one of the biggest software wallet providers in the Bitcoin business, but it does have full control over the users’ private keys, and all the funds deposited in their wallets. They also provide a service called Vault, which allows you to deny the company control over your money. It might still be worth a shot, as many people use and trust Coinbase to this day, but be extra cautious, and don’t store all your coins on your Coinbase wallet.
Jaxx is the perfect wallet for people who wish they had a built-in exchange. The software lets you exchange between different currencies without taking the money out of the wallet, and then putting them back in. They support both Bitcoin and a variety of altcoins, including Bitcoin, Ethereum, Litecoin, Dash, and other blockchain-based assets. Jaxx is available on both desktop and mobile (iOS and Android)
If you don’t spend too much time in front of your desktop screen and would rather prefer to have your wallet on mobile, MyCelium might be worth a shot. The software is available for both iOS and Android, and offers some pretty advanced privacy and security features. On the other hands, the interface is not as user-friendly as you would expect, which makes MyCelium a better choice for seasoned users.
Exodus is another blockchain asset wallet – in other words, it supports more than just Bitcoins. You can also store your Ethereum, Litecoins, Dogecoins, Dash, and other currencies on your Exodus wallet. The company is quite new in the business, but it has a very convenient interface (desktop only, unfortunately), and lets you trade Bitcoins and altcoins from within the wallet. Depending on when you read this you might want to read some recent reviews on Exodus before depositing your coins.
6. Bitcoin Wallet
On the other hand, here’s one of the oldest Bitcoin wallet software companies out there (they even snatched the original brand name.) They do have a bit of experience in what a Bitcoin owner needs from their wallet – and their features are always on point. From privacy concerns to complete control over your funds, Bitcoin Wallet offers everything you need to protect your crypto wealth. Unfortunately, it’s only available for mobile Android users, and they don’t seem to have an interest in expanding to other OS.
Much like the name suggests, Armory is a wallet that emphasizes on security. It’s best suited for advanced users who want to put their Bitcoins on ice, and not necessarily touch them anytime soon. The interface is pretty complex, so we wouldn’t recommend Armory if you’re a newbie to Bitcoin. However, if you’ve been in the niche for some time, and are specifically looking for uttermost privacy and security for your funds and transactions, give them a shot.
Electrum’s main concern is creating a lightweight Bitcoin wallet software, that can work smoothly on just about any processor. It has been in business since 2011, and only offers a desktop interface at the moment. As a beginner, you might find that the interface is very cluttered with all sorts of features, and it might be a bit hard to find your way through at first. There have been concerns with Electrum using remote servers to handle parts of the wallet software, but on the other hand, that allows it not to put a lot of pressure on your processor, as other Bitcoin wallet software do.
9. Green Address
Green Address is a good software wallet for beginners. Its interface is very simplified and friendly, but the system is still pretty rigorous with their privacy and security concerns. It supports multi-signature features, and can be accessed on multiple platforms, including mobile (Android app), online, and using a desktop client when in offline mode. You do not have full control over your Bitcoins though, as each transaction has to be approved by a third party.
What we like about Xapo is their debit card payment feature. The wallet has this built-in feature that allows you to spend your Bitcoins as if you has a debit card – meaning they provide you with the data of a virtual debit card you can use to purchase goods and services online. Their interface is very beginner-friendly as well. As far as privacy and security features go, Xapo’s are pretty decent, but nothing out of the ordinary, so better look for something else if you want to put your Bitcoins on ice.
These are the top 10 software Bitcoin wallets you can store your coins in the year to come. If you’re a complete beginner and have no clue where to start, a rule of thumb is going for a wallet that claims no control over your funds. This way you can be sure that no third party has access to your private keys and your funds. Also, opt for something beginner-friendly, so you don’t have to deal with a lot of features and settings you’ll barely ever need.