2021 Best Bitcoin Wallets For Cryptocurrency Storage And Security
In today's digital currency generation, using the best bitcoin wallets is crucial for storing and securing your cryptocurrency.
A bitcoin or cryptocurrency wallet is a software program used to store bitcoins. Bitcoin wallets simplify bitcoin transactions (sending and receiving) and provide ownership of the virtual currency balance to the user. These wallets come in all sorts with the main types, including mobile, desktop, hardware, and web.
Bitcoin wallets provide online or offline storage for the user's crypto key. These are generally accessible in the form of "hot" or "cold" wallets. Hot wallets refer to online storage, while cold wallets offer offline storage across hardware and external devices.
Best Bitcoin Wallets to Secure and Store Your Cryptocurrency
Whether you are a novice or an expert in the world of cryptocurrency, there is a bitcoin wallet that best suits your needs and wants. Below are the best bitcoin wallets for 2021 every crypto user should have.
EXODUS
Exodus provides crypto exchange services for hardware, desktop, and mobile crypto wallets. The account features also encompass portfolio data, live charts, built-in exchange, 24/7 customer service, and over 100 cryptocurrency assets. It mainly accommodates hot wallets or software users.
ELECTRUM
Electrum has launched two years ago and focuses on private key encryption and two-factor authentication. It's similar to Exodus that offers online encryption of a hot wallet. It is one of the best bitcoin wallets that can be used on mobile, desktop, or with its command-line connection. The cold storage offering allows a user to inscribe transactions from an offline computer and caters to Bitcoin transactions only.
SHIFT CRYPTO'S BITBOX02
Shift Crypto's BitBox02 is best for beginners and allows users to store a crypto private key. At the same, they can manage any assets, even offline, using an external chip. The original version supports Bitcoin, Litecoin, and over 1,500 cryptocurrencies. It also offers a Bitcoin-only edition if a user wants to focus only on Bitcoin.
MYCELIUM
Mycelium is best for mobile users, which offers advanced cold storage as well as dispensing and savings accounts for Bitcoin users and investors. This makes it simpler for cryptocurrency holders to send and get coins from different blockchains or bitcoin wallets. Users can download Mycelium at no charge and supports Ethereum and other ERC-20 tokens.