The bitcoin wallet: behold our trusted list of providers. We’ve been through a bunch and here is what we’ve decided is our short list of bitcoin wallet solutions. Remember, only you can determine what bitcoin wallet works best for you – everyone has different requirements and needs. Also, while we can’t guarantee their security, we just happen to think these are the ones to trust. We stand by our decisions but our lawyers would have our asses if we plain said use x wallet. Capiche?
Electrum Wallet – free and decentralized, the Electrum Bitcoin Wallet is a favorite among the crypto hardcore. It’s safe because your private keys are encrypted and never leave your computer. This means no one can touch your private keys, critical to ensuring a safe and secure wallet. Also, it’s fast and you can recover your funds from a secret phrase. It also have more advanced features like ‘Multisig’ meaning you can split permissions to spend your coins across several wallets using multi-signatures.
Bread – this was called ‘Bread Wallet’ for years and is now simply ‘Bread’ or ‘BRD’ but it still has all the great simple features early adopters loved. It’s safe and is also an actual app that you download from the App store. It really is one of the most ‘simple and secure ways to get started with Bitcoin’. You can get it from the Google Play store or the Apple App Store. BRD also just announced a loyalty rewards program as a way to give back to users (‘Bread Rewards’). It was one of our first wallets and we recommend it to you. Update: As of publication, we noticed that the app for Apple iOS is acting a little strange. It requires constant syncing (with the blockchain) and this can take up to 45 minutes each time. BRD has some work to do.
Trezor – oh man this is the mother of all wallets. If you have a Trezor you are definitely a hardcore crypto-head. This is a hardware wallet with all the sophistication of a cryptography white paper and the sleek hardware of a Ferrari mechanic. Errr… well you get the gist. It’s a hardware wallet you connect to your PC or Apple Laptop via a USB cable and it has a display on it. You then configure the hardware with the website account login and voila, you have a pretty cool wallet with multiple crypto currencies all at your disposal. Be warned, we paid an expert to set up the wallet (just to kind of see what he charged us for if nothing more) but we’re confident anyone can do it. The challenge is finding a trustworthy merchant you can be sure did not tamper with the hardware dongle before they sold it to you – good luck!
Know of a better wallet you prefer to use? Post it on our Facebook page along with why you think it’s better.