How to Choose Your Bitcoin Wallet
If you are going to get anywhere in the world of bitcoin, you’ll first need a bitcoin wallet. These are digital versions of wallets for your digital versions of cash. A bitcoin wallet is where your bitcoins are stored when you accept them and it’s the tool that you use to pay for your purchases with bitcoin.
Some bitcoin wallets we will look at today all offer features that you may or may not need, so choosing the right wallet is just as important as choosing the right car or even the right spouse. They are all different, but one is right for you.
The Types of Bitcoin Wallets
Bitcoin wallets come as desktop, mobile, web and hardware with the desktop wallet giving the user the most control over their bitcoin supply. If you expect to make more purchases on the go, a mobile wallet would be right for you. Some people choose a web-based bitcoin wallet as this allows them the ability to make bitcoin purchases at home or on the go giving you the best of both worlds. Hardware wallets are not yet available for widespread use but these are said to be the most secure of all bitcoin wallets available today.
Now that you have an understanding of what a bitcoin wallet is, let’s take a look at some of the difference in bitcoin wallets as offered by various companies online.
For the ultimate in safety and security, many people choose Strongcoin as their bitcoin wallet provider. Strongcoin is a hybrid wallet with many features not found anywhere else. With Strongcoin, your security key is kept on your computer and the transaction is encrypted BEFORE it is ever received by Strongcoin keeping your funds secure and where they belong, in your wallet until you need them. Strongcoin also works on all of your devices and offers users a full pdf copy of their accounts so you know that you are the only one with access to your bitcoins at all times. Sign Up Here
Being the most popular bitcoin wallet has its benefits as Coinbase already knows. Coinbase is well-known, offers a wide array of bitcoin wallet services and is one of the most secure bitcoin wallets in the industry. Coinbase is perfect for the beginner or well-seasoned bitcoin trader. Get $5 when you sign up*
For a user friendly bitcoin experience, Coinjar offers an easy-to-use bitcoin wallet that is perfect for this who make frequent bitcoin purchases. Coinjar also offers their new Swipe card which lets you quickly and easily make purchases without having to log into your bitcoin account. Get $5 when you sign up*
One of the largest platforms for buying and selling bitcoin is iGot. Their innovative buying/selling platform offers low commission rates and the ability to make bitcoin purchases with your wallet securely and with fair pricing measures in place.Sign Up Here
Choosing a bitcoin wallet to suit your needs doesn’t have to be difficult; just choose one that offers you the features and benefits that you will use most and you should find one that you will like and use for many years to come.