December 18, 2018

The best wallets to store Bitcoins

Bitcoin has taken over the world, offering a monetary alternative to the government-backed currencies that we all know from everyday use. Proponents argue that digital currencies are easier, more secure, and offer better privacy than traditional currencies. Because the value of a Bitcoin compared to the US dollar and other currencies has exploded in recent years, it has also appeared on some people's radar as an investment opportunity.

best wallets to store Bitcoins

Before putting a dollar in Bitcoin or any other cryptocurrency, it is important to understand the risks. Bitcoin could easily double in value in the next few years, but it could easily fall to almost zero in value. We recommend buying only what you may lose because there is a chance that you will not get it back. If you understand the risks and are ready to move on, we leave you the best wallets to store Bitcoins.

  1. Coinbase: Coinbase is one of the easiest ways to buy Bitcoins, sell and hold cryptocurrencies, which gives it the first place on this list. With Coinbase, you can connect to a US bank account and easily transfer dollars into or out of your dollar or euro wallet. You can use those euros, or transfer them into others, to buy and sell. In addition to Bitcoin, Coinbase currently supports Bitcoin Cash, Ethereum, and Litecoin. There are constant rumors that additional coins like Ripple are also supported by Coinbase. While the great advantage of Coinbase is ease of use, this is offset by some security concerns. Gox was at one point the dominant platform for Bitcoin and other currencies. That is until it was hacked and lost nearly $ 500 million in user currency. But Coinbase learned from the mistake. Gox bankruptcy, maintains a very strong security, is regularly updated and improves the user experience.
  2. Best for safety: Trezor: Trezor is not a complete buy and sell platform like Coinbase. Instead, it is simply a place to store your Bitcoins. Trezor is a physical device that connects to your computer, tablet, or phone to access your coins. The Trezor wallet works with multiple currencies and works as a password manager, two-factor authentication device and other useful features. This wallet offers some protections against lost passwords and lost devices, but you should learn from the sad lessons of others and make sure that that never happens. The goal of this Bitcoin digital wallet is to prevent others from stealing your Bitcoin, so you can assume that the recovery process is not necessarily easy.
  3. Best for desktop: Electrum: Electrum es una cartera de software, lo que significa que su Bitcoin se almacena en un conjunto de archivos en su computadora portátil o computadora de escritorio. Actualmente está disponible para Windows, Mac OS X, Linux y Android. Electrum puede funcionar con algunas billeteras físicas y tiene cierta flexibilidad en comparación con el uso de una billetera de hardware como el Trezor. El gran beneficio es que puede comenzar a usar y almacenar su Bitcoin rápidamente en su propia computadora. Pero si esa computadora falla, se pierde en un incendio en la casa, o termina siendo pirateada o corrompida, podrías perder tus monedas. La aplicación admite un proceso de recuperación y le permite crear un "almacenamiento en frío" físico con un juego de llaves impreso o manuscrito.
  4. Best Online: Blockchain.info: Blockchain is the technology that allows Bitcoin and other digital currencies to exist. Expect to know more about Blockchain, beyond the world of digital currency. Blockchain.info is similar to Coinbase in that it is an online wallet, but you cannot buy or sell directly through the Blockchain, which means that your Bitcoin storage is separate from your Bitcoin market. Because it is not a full exchange, it is considered safer than a site like Coinbase, where you can bet the bad guys are always trying to hack. If you are not a tech savvy person, using an exchange like Coinbase is much easier. This separation adds a level of security, but also a level of complexity in your use of Bitcoin.
  5. Best to buy and sell for free: Robinhood: Robinhood started out as a free stock trading platform and has recently expanded to include support for options and other investments, including cryptocurrencies like Bitcoin. Robinhood is both a wallet and an exchange, so like Coinbase, everything is in one place. Robinhood is just a mobile platform and has not even rolled out the web version for all share purchase clients. But what really sets Robinhood apart is the cost: free. There are no commissions when buying or selling Bitcoin, just like the shares on the platform. Some may argue that it is less safe for the reasons we have already discussed, but if it is safe enough for your actions, it is safe enough for your coins.
  6. Best for intuitive desktop use: Exodus: Exodus is a software portfolio like Electrum, but much more beautiful and intuitive to use. It offers similar benefits for security, but it looks very different. The only desktop wallet that turns your digital currencies, Bitcoin and many others, into a wallet with charts and tables. You can trade coins through the app with ShapeShift exchange integration in addition to storage. There is no account setup, so your currency and wallet are yours alone. Watch out for that computer! Exodus includes private key encryption and other useful security tools. Thanks to the portfolio and graphical views, it is ideal for anyone with investment experience who wants to jump into digital currency.
  7. Best for mobile: Mycelium: Mycelium is a Bitcoins wallet only for mobile devices, with Android and iPhone versions. Mycelium is known to be a bit more complicated to use than other Bitcoin wallets. But advanced users should be comfortable navigating the app. There is no web or desktop interface, but most people now use their phone as their primary computer, which may not be a reason to freak out trying. It is very secure, allows anonymity, and keeps your Bitcoin in your pocket or purse. 
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