14 Best Bitcoin Wallets: Top Crypto Wallets in 2022 [RANK]

Review and compare the best Crypto Wallets with features to find the best Bitcoin Wallet for sending and receiving Bitcoins:

Crypto wallets allow you to generate unique addresses with which you receive crypto. They also allow users to send crypto to other wallet addresses over the blockchain and on a peer-to-peer basis. A wallet address is secured through a private key, which allows a user to recover it in case it is lost.

The best Bitcoin wallets allow users to watch their real-time crypto balances for their portfolios. This can be done on mobile phones, PCs, over the web, and other devices. Some Bitcoin wallets can sync on multiple devices.

Bitcoin Wallets

Bitcoin Wallets

Most crypto wallets use the BIP32 key derivation standard which enables wallets to generate new wallet addresses for incoming transactions and keep change in a separate wallet, thus improving the privacy of transactions.

Some wallets also use P2SH or Pay-to-Script-Hash addresses that allow users to create new addresses to receive Bitcoins and to unlock the balances by following the set rules of using private keys. They are commonly used in multi-signature wallets and the addresses will have multiple digital signatures and private keys that prove ownership of the funds.

The most common types of wallet addresses are known as Pay-to-PubKey Hash (P2PKH) addresses were to unlock the funds, the recipient must use a private key associated with the public key has used to create the address.

Hierarchical Deterministic (HD) wallets use a master key and individual sets of private keys for each of the wallet addresses in the wallet. The secret 12-word phrase acts as a master key to recover the entire wallet.

Pro-Tips:

  • The most secure crypto wallets are the hardware wallet that allows signing of crypto transactions offline. These best crypto wallets can be used for storing a large number of cryptocurrencies.
  • Wallets with trading and exchange features are best for crypto traders as they allow them to buy and sell crypto without third parties.
  • Multi-asset wallets are some of the best Bitcoin wallets as they allow the storage of more than one type of digital asset.
  • Groups, for instance, can choose the multi-signature wallets that allow multiple parties to own private keys separately and more than one party will have to authorize a transaction with their private keys before it is allowed.

Fact Check:

  • Did you know that only about eight percent of crypto holders keep their coins safe? The rest is unsafe because of the many non-private, non-secure, and vulnerable wallets out there.
  • $1.9 billion worth of crypto was lost to hackers alone in 2020, down from $4.5B in 2019.

Major hacks timeline

[image source]

Frequently Asked Questions

Q #1) What is a Bitcoin wallet?

Answer: This is a digital wallet that stores digital cryptocurrencies and other assets. A Bitcoin wallet is basically software built on Bitcoin or other blockchain and which generates addresses to or from which transactions are received or sent. It stores a private key used to generate the wallet addresses, and which is used to sign transactions.

A Bitcoin wallet facilitates peer-to-peer transactions between users of cryptocurrencies.

Suggested Reading =>> Top Cryptocurrencies to Invest in

Q #2) How does a Bitcoin wallet work?

Answer: A cryptocurrency wallet generates wallet addresses to or from which crypto or digital assets can be received or sent. One person uses another’s wallet address to send crypto to the second person. The second person has to have private keys to that wallet address.

The keys and addresses are associated cryptographically and securely to prevent hacking. In order to unlock and spend those sent funds, the balances are reflected in both wallets to allow transaction tracking while the users remaining anonymous.

Q #3) How much does a Bitcoin wallet cost?

Answer: Ideally zero. You do not require paying any money to create a Bitcoin or crypto wallet. It is used for storing your digital cryptocurrencies and Bitcoin. In most cases, sending a transaction from the wallet is also free or charged very little amount.

Q #4) How do you cash out your Bitcoin wallet?

Answer: Cashing out a Bitcoin wallet requires you to exchange the Bitcoin or crypto with the fiat currency of your choice. This may require you to send the Bitcoin or the crypto to a crypto-to-fiat exchange if the wallet is not hosted by exchange or platform that supports the swapping.

These exchanges allow you to sell for fiat and you can receive the amount in your bank or other through other payment methods. You can also sell Bitcoin or crypto directly to peers on local fiat exchanges.

Q #5) Which is the best crypto wallet?

Answer: Exodus is best for beginners. Others include Mycelium, Electrum, Ledger Nano S, Trezor.

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List of the Top Bitcoin Wallets

Here is the list of popular and best online Bitcoin wallets:

  1. eToro
  2. Pionex
  3. Bitstamp
  4. NAGA
  5. Crypto.com
  6. Exodus
  7. Mycelium
  8. Trezor
  9. Electrum
  10. Wasabi Wallet
  11. Opolo
  12. Cobo
  13. Shift Crypto
  14. Ledger
  15. BitPay
  16. Atomic Wallet
  17. BitcoinWallet
  18. Bitcoin Core
  19. Green Address

Comparison of Best Crypto Wallets

Tool NameBest ForPlatformOur Ratings
Pionex Trade XRP on margins, hold, and trade futures. Desktop, iOS and Android.Star_rating_5_of_5
BitstampBeginner and advanced regular trading with low fees.Web, Android, iOSStar_rating_5_of_5
Crypto.comCrypto-to-fiat conversions via Visa card (all cryptos)Android, iOS, desktop, and web.Star_rating_5_of_5
Exodus Beginners and diversified multicrypto holdersDesktop, iOS and AndroidStar_rating_5_of_5
MyceliumCrypto traders and diversified hodlersWeb walletStar_rating_5_of_5
Trezor Crypto institutions, exchanges, groups, organizations, and custodiansHardware wallet compatible with software walletsStar_rating_4_of_5
Electrum Traders and investors experienced with cryptoDesktopStar_rating_4_of_5
Wasabi WalletTransparent-conscious users and groupsDesktopStar_rating_4_of_5

Review of cryptocurrency wallets:

#1) eToro

eToro – Best for diversified crypto and social investing.

eToro

eToro hosts a Bitcoin wallet that lets you keep, track, and manage your Bitcoin holdings.

This is in addition to buying and selling Bitcoin for fiat through banks and credit cards. For those who like other cryptos, eToro offers wallets for storing, tracking, managing, and sending Bitcoin Cash, Ethereum, Litecoin, XRP, Stellar, and TRON.

Features:

  • Use advanced orders and charting to improve your investing.
  • Copy-trading strategies for over 20+ crypto assets
  • Portfolio monitoring and crypto charting.
  • Integrate with a hardware wallet for offline storage of BTC, ETH, XRP, LTC, BCH, XLM, and TRX.
  • Manage your private keys in addition to using extra security features like 2FA.

Cons of the tool: Fewer cryptos are supported compared to many other crypto trading platforms.
Type of Wallet: Software
Incorporated Exchange: Yes
Compatible Hardware Wallet: Yes
Price: Wallet is free to use.

Disclaimer – eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.


#2) Pionex

Pionex – Best for high-frequency trading.

Pionex Bitcoin Wallet

Pionex works as an exchange that supports crypto bot trading but also has a hosted Bitcoin wallet as well as wallets for 40 other digital assets. It allows trading of Bitcoin against stable coins and other cryptos. The exchange is licensed by the FinCEN for trading Bitcoin and other cryptos in the United States.

You can buy Bitcoin and other cryptos on the exchange with a credit card only. You can also opt for the Pionex Android and iOS app or buy on other fiat-to-crypto platforms if using other methods apart from the credit card method.

You can then send crypto from the Lite app or other exchanges to the Pionex exchange. But it allows withdrawing to external Bitcoin wallets.

Features:

  • Trade with free bots without actively manually monitoring the markets.
  • MAS-licensed by FinCEN for use in the USA.
  • Trade Bitcoin on margins, futures.
  • Use diverse technical indicators to trade Bitcoin.
  • Very low fees.

Fees: 0.05% for maker and taker.


#3) Bitstamp

Bitstamp – Best for beginner and advanced regular trading with low fees; crypto cashout via bank.

Bitstamp

Bitstamp supports 50+ cryptocurrencies for trading, holding, sending, and receiving. This includes hosted Bitcoin wallets that allow users to send and receive Bitcoins. To open a Bitcoin wallet with the platform, all a user needs to do is register and verify the account with the exchange.

Bitcoin wallets can also be accessed via APIs, for instance when connected to an institutional platform or expert trading platform with more advanced trading orders than Bitstamp supports. This allows them to trade, deposit, and withdraw assets from the wallet. Although it is a software wallet, a user can connect their hardware wallets like Ledger and send and receive crypto from and to the hardware wallet.

Features:

  • Web as well as Android and iOS app.
  • Bitcoin wallets and other wallets support multi-sig features and AES encryption.
  • In-built wallets support instant, limited, market, stop, fill-or-kill orders, withdraw, send, and receive. Other order types are trailing stop orders.
  • Deposit into the wallet using bank deposits, wire transfers, debit/credit cards, and SEPA.
  • ACH daily deposits of up to 10,000 USD and $25,000 per month. The credit card limit is $5,000 or Euro or GBP per day and $20,000 per month. The minimum purchase is $25 or Euro or GBP.

Cons of the Tool

  • No leveraged or margined trading.
  • Limits on instant transfers to only some countries. ACH withdrawals are only available to US customers.

Type of Wallet: Software, Mobile (iOS and Android) app
Incorporated exchange: Yes
Compatible Hardware Wallet: Yes


#4) NAGA

NAGA – Best for auto copy trading.

NAGA

NAGA is the best and most innovative copy trading as it allows traders to auto copy trades or trading strategies of other users with little effort. Simply visit leaderboards, sort traders as per profit generated in a given period and auto-copy.

However, NAGA features inbuilt crypto wallets for holding 50+ cryptocurrencies including Bitcoin, Ethereum, Bitcoin Cash, etc. These wallets support depositing, receiving, sending, and withdrawing cryptocurrencies.

For those using in-built NAGA Bitcoin and other wallets, you can not only track your portfolio but also stake cryptos on the NAGAX exchange. NAGAX exchange also supports swapping cryptos, as well as manual or smart trading with advanced order types. NAGAX wallets also support creating, collecting, and trading NFTs.

Features:

  • Wallet offers decentralized and risk-free storage.
  • Mobile agonistic wallet.
  • Wallet connects to other exchanges.
  • The wallet allows investing through staking 10+ assets.
  • Bitcoin wallets can be funded directly from fiat payment gateways – credit card, wire, Skrill, Neteller, and Giropay, EPS, Ideal, p24, in addition to Bitcoin Cash, Bitcoin, Litecoin, Dash, Ethereum, and Naga coin.
  • NAGA card for spending crypto from the wallets. Buy goods and services from ATM stores and withdraw from ATMs.
  • Reduce trading fees with NAGA cards or NAGA coins.
  • Demo trading account that can be upgraded to a live account.
  • Minimum investment: $250.
  • Leverage trades by up to 1000 times.

Type of wallet: Software web and mobile wallet.
Incorporated exchange: Yes
Compatible hardware wallet: Yes

Trading fees: NAGA — Spreads of just 0.1 pips. $5 withdrawal fees. The 3-month-inactivity fee is $20. Rollover, swap fees, and other fees may apply. NAGAX — Deposit crypto is free. Maker and taker fees from 0.4% (for 0-1,000 NGC coins balance) to 0.005% (for 10,000+ NGC coins). The crypto withdrawal fee depends on the crypto in question.


#5) Crypto.com

Crypto.com – Best for staking users. High-interest rates.

Crypto.com

Crypto.com provides hosted wallets for 250+ cryptocurrencies and tokens including Bitcoin. One of the reasons for having a wallet on the exchange is to swap crypto or trade it for fiat.

For this reason, Crypto.com offers an aggressive option to let you spend crypto on your wallet through a Crypto.com Visa card. You can pay for goods and services or withdraw fiat from visa-supported merchant stores globally, including ATMs. Different Visa cards offer different CRO staking percentage earnings.

Since wallets offer additional trading features like margin trading and loaning, they also suit active crypto day traders. Nevertheless, you can also rely on the platform’s extra security features and USA FDI insurance to hold crypto on the hosted Bitcoin wallets.

Features:

  • In-house tokens called CRO are spent on paying gas fees.
  • Pay and get paid for goods and services with crypto through the platform.
  • Track portfolios from within the wallets.
  • Stake holdings on the wallet and earn up to 14.5 p.a. on the holdings.
  • Fiat withdrawal via fiat at a limit of $2,500/day limit (2 transfers/day) and $50,000 per month with a 30 transfer cap.

Cons of the tool:

  • Limited support

Type of Wallet: Software wallet
Incorporated Exchange: Yes
Compatible Hardware Wallet: Yes. Connect to Ledger Hardware Wallets and Ledger Live application.


#6) Exodus

Best for diversified multi-crypto holders.

Exodus

Exodus is one of the best online Bitcoin wallets as it allows users to get live price charts for cryptos. Live or real-time charts allow users to monitor market movements even on their mobile devices and hence can make decisions to sell or buy to add their portfolio before it is too late.

Features:

  • Supports over 100 cryptocurrencies.
  • Works on Desktop, mobile, and syncs with crypto hardware wallets including Exodus and Trezor devices. It works on iOS and Android mobile devices.
  • Allows one to buy and sell all supported cryptocurrencies from the app without having to withdraw or use a centralized exchange.

Cons of the tool: 

  • Not open-source hence hard to verify code.
  • No custom fees for Ethereum and other altcoins.

Type of Wallet: Software wallet. HD wallet.
Incorporated Exchange: Yes
Compatible Hardware Wallet: Yes
Price: Free

Website: Exodus

Recommended Reading => List of BEST Crypto Wallet UK


#7) Mycelium

Best for crypto traders and diversified holders.

Mycelium

Like Exodus, Mycelium provides direct and one-on-one control of your crypto private keys and they will never leave your device. You can also lock the wallet with a secure pin. It allows users to operate multiple accounts and reuse addresses.

Features:

  • Facilitates in-app exchange and trading for ERC-20 and BTC cryptos. This is done using the Local Trader feature. It is one of the best multi-cryptocurrency wallets.
  • In-app educational materials to help you understand crypto usage and security.
  • It supports paper wallets, private keys, and master seeds.
  • It integrates with any secure cold storage such as web wallets, Trezor, Ledger, KeepKey, and Entropy.
  • PDF backup and restore of single key accounts.

Cons of the tool: 

  • Difficult for beginners.
  • Lacks desktop version.

Type of Wallet: Deterministic wallet
Incorporated Exchange: Yes
Compatible Hardware Wallet: Yes
Price: Free

Website: Mycelium 


#8) Trezor

Best for crypto institutions, exchanges, groups, organizations, and custodians.

Trezor

Trezor is a hardware crypto wallet used to store more than 100 cryptocurrencies offline and away from the dangers of Internet connections. It allows users to sign and verify transactions offline using physical device buttons before transmitting the transactions to the network via send or exchange.

It can be used to store large amounts of crypto offline, which makes it more useful for custodian applications by exchanges, crypto companies, etc. It is one of the best cryptocurrency wallets as it allows people to manage their portfolio as well as send and receive securely.

Features:

  • Allows users to buy, sell, or trade crypto on exchanges such as Changely and ChangeNow.
  • It can be backed up so as to be recovered in case it is lost. This is done via a personal 12 to 24 words long recovery seed.
  • It is compatible with very many app wallets.
  • Password manager.
  • Cloud and soon microSD storage options.

Cons of the tool: 

  • Costs money.
  • Poor customer service.

Type of Wallet: Hardware wallet
Incorporated Exchange: Yes
Compatible Hardware Wallet: Yes
Price: Available in Gold standard at the price of 59 Eur and Premium at a cost of 180 Eur.

Website: Trezor


#9) Electrum

Best for traders and investors experienced with crypto.

Electrum

Like many other software wallets, this best bitcoin wallet creates a local backup of the key on your device. Hence your private key does not leave your device, meaning it is more secure. This is in addition to the wallet being encrypted and secured with a password.

User gets a 12 to 24 keyword recovery phrase used to recover the wallet, and the coins stored in it in case a computer crashes or you lose the machine to a disaster.

Features:

  • It supports integration or syncing with hardware wallets such as Trezor, and Leder Nano.
  • Supports Segwit transactions making it cheaper for those trading Bitcoins on exchanges that support Segwit addresses.
  • Works on desktops, osx, Python, as well as Android devices.
  • Can sign offline transactions.

Cons of the tool: 

  • No buying and selling of crypto as is with other wallets.

Type of Wallet: Software wallet
Incorporated Exchange: No
Compatible Hardware Wallet: Yes, Ledger Nano S and Trezor.
Price: Free

Website: Electrum


#10) Wasabi Wallet

Best for transparent-conscious users.

Wasabi Wallet

Wasabi uses an integrated CoinJoin transaction mixing type to conceal the identity of receives and sends transactions. It also integrates with the Tor network for further transaction anonymity. The wallet lists all the individual UTXOs or unspent transaction outputs; hence, the history of transactions is clearer.

The user must manually click on each UTXO or select a coin to spend it. This way, it discourages the combining of non-private coins and private coins in one transaction as happens regularly, which may decrease privacy in automatic coin selection algorithms.

Features:

  • Syncs with Coldcard, Trezor, and Ledger devices.
  • Available for desktops only–Windows 10, macOS, Ubuntu, Linux.

Cons of the tool: 

  • No mobile support.
  • No crypto exchange.
  • Relatively new.
  • Minimum of 0.1 Bitcoin needed.

Type of Wallet: Software
Incorporated Exchange: No
Compatible Hardware Wallet: Yes
Price: Free

Website: Wasabi Wallet


#11) Opolo

Best for Crypto hodlers, and beginner users of hardware wallets.

Opolo

Opolo hardware wallet, which is in the pre-order stages, uses an EAL 6+ rated chip to secure users’ cryptos. Most of the other current hardware devices have EAL1 to EAL5 category chips. It is also audited by external companies such as Digital Security Paris and is verified as capable of helping to secure IoT devices.

Features:

  • Easy backup and recovery with seed phrase.
  • Allows exchanging and trading of crypto from a mobile-based app.
  • Also includes a fiat exchange to allow users to exchange crypto with USD and other fiats.
  • Supports storage and trading of over 120 cryptocurrencies and over 200,000 tokens.
  • Works on desktops – Mac, Windows, and Linux, and Android.

Cons of the tool:

  • New to the market, not proven.
  • Costly

Type of Wallet: Hardware wallet
Incorporated Exchange: Yes
Compatible Hardware Wallet: Yes
Price: 199 Eur for wallet only up to 399 Eur for the Security Pack.

Website: Opolo


#12) Cobo

Best for dApp users, developers, gamers, holders, stakers.

Cobo

Cobo is a cloud-based software HD wallet that allows users to save the private keys to their crypto on their mobile phones, import seeds from other wallets, verify transactions with QR codes, and secure wallets with passwords and 2-factor authentications. It enables users to access dApps, stake their crypto to earn more, in addition to storing, sending and receiving.

Features:

  • Works on Android and iOS devices.
  • Unlike others, it allows users to stake and earn easily from their wallets by staking the stored crypto.
  • Implements EAL 5+ secure element chip for the vault.
  • Supports 20+ chains and 700+ tokens.

Cons of the tool: 

  • No integrated in-wallet trading exchange of crypto.

Type of Wallet: Mobile software wallet
Incorporated Exchange: No
Compatible Hardware Wallet: Yes
Price: Free.

Website: Cobo

Suggested Reading => Features of Bitcoin ETFs and Crypto Funds


#13) Shift Crypto

Best for institutions and custodians, groups, exchanges, etc.

Shift Crypto

BitBox hardware wallet lets users store their crypto private keys offline. It comes with an app – Android and desktop BitBoxApp that allows users to manage coins in their portfolio. The app has in-app guide on crypto and how to use the hardware. It features an OLED display and touch buttons that allow users to physically and manually sign transactions including offline signing.

Features:

  • Supports more than 1500 crypto and tokens including Bitcoin and Ethereum.
  • There is the option of a Bitcoin-only hardware wallet for storing BTC only.
  • USB-C compatible hence can be used with a mobile device.
  • 24 recovery words to recover wallet in case of loss or damage.
  • Universal second-factor authentication allows users to use the device for securing their online accounts such as crypto exchanges and online emails.

Cons of the tool: 

  • No integrated exchange.

Type of Wallet: Hardware
Incorporated Exchange: No
Compatible Hardware Wallet: Yes
Price: $28 for BitBox 02, 59.00 Eur for BitBox 1.

Website: Shift Crypto


#14) Ledger

Best for companies, groups, organizations.

Ledger

Ledger Nano S is a hardware wallet popular among crypto users including institutions and custodies willing to store large amounts of Bitcoin and crypto. It is one of the best multi-cryptocurrency wallets, now that it comes with a mobile wallet known as the Ledger Live app to help users manage crypto on the go.

It uses CC EAL5+ certified chips to secure crypto. It is also certified by the ANSSI. It comes with the possibility to sign or verify transactions offline using physical buttons on the device. This is done when sending.

Features:

  • Allows managing and trading over 1800 cryptocurrencies and tokens from the computer and phone.
  • Allows pin code security.
  • Easy recovery with a 24-word recovery phrase.
  • Bluetooth connectivity of the Nano X.
  • USB-B and USB-C compatibility so it can be connected to mobile devices.

Cons of the tool:

  • Costly compared to software wallets.

Type of Wallet: Hardware wallet
Incorporated Exchange: Yes
Compatible Hardware Wallet: Hardware wallets are compatible with different software wallets, including native wallets for BTC
Price: Free

Website: Ledger


#15) BitPay

Best for merchants and outlet and retail stores.

BitPay

BitPay is popular for merchants who want to accept payments in crypto in addition to tracking their crypto value. With it, merchants can expand globally and avoid chargebacks and ID theft. The wallet works with pre-paid MasterCard debit cards to allow for easier conversion of crypto to fiat.

Suggested reading =>> Platforms to buy Bitcoin with debit/credit cards

The crypto card allows the spending of crypto at any store and ATM globally from the wallet. In other words, the crypto works together with the app to allow users to spend crypto easily. Anyone can fund the card from the wallet and spend at stores and ATMs that accept or allow withdrawals with this MasterCard.

Features:

  • Supports 9 crypto and stable coins as well as all ERC-20 tokens.
  • Secures crypto with multi-signature addresses.
  • Instant emails and push notifications for payments and transfers.
  • Easy backup.
  • Marketplace where you can shop for gift cards.
  • The app works for android, iOS, Windows 10, Linux.

Cons of the tool:

  • Costs money

Type of Wallet: Software and physical card
Incorporated Exchange: Yes
Compatible Hardware Wallet: Nano Ledger or Trezor

Website: BitPay


#16) Atomic Wallet

Best for holders and staking community.

Atomic Wallet

This non-custodial decentralized wallet allows users to own and store private keys on their local devices while managing their crypto assets on the blockchain. The company even has an Atomic Wallet Token launched 2 years ago. It is used for affiliate airdrops, cash backs, bounty programs, and for staking in the wallet.

Features:

  • Supports Bitcoin, Ethereum, XRP, Litecoin, XLM, and other 300 coins and tokens.
  • Works on Windows, macOS, Ubuntu, Debian, Federo, Android, and iOS.
  • Provides a backup phrase for easy recovery.
  • Staking within the wallet.

Cons of the tool: 

  •  No integration with offline storage hardware wallets.

Type of Wallet: Software wallet
Incorporated Exchange: Yes
Compatible Hardware Wallet: No
Price: Free

Website: Atomic Wallet


#17) BitcoinWallet

Best for crypto traders.

BitcoinWallet

Bitcoin Cash wallet is for people who want to keep Bitcoin and Bitcoin Cash. It has the tools users need to spend their crypto the way you want, for instance, at outlets and merchant stores or ATMs listed in the app.

Users can trade in-app, and even convert these assets into integrated stable coins to save themselves from volatility movements and reconvert the assets back whenever they need to trade.

Features:

  • Fingerprint unlock.
  • Separate saving and spending wallets.
  • Backup of wallet for easy and quick restore.
  • Stablecoins pegged to US dollar.

Cons of the tool: 

  • No support for hardware wallets.

Type of Wallet: Software wallet
Incorporated Exchange: Yes 
Compatible Hardware Wallet: No

Website: BitcoinWallet


#18) Bitcoin Core

Best for bitcoin-only users.

Bitcoin Core

Bitcoin Core is a wallet that lets users store only Bitcoin and not any other cryptocurrencies. Users can also send and receive Bitcoins on the network. It works as a full node for Bitcoin. Users can also track transactions and details of transactions, keep address books, and export wallets.

Features:

  • Works on Windows, ARM Linux, Linux, and macOS devices.
  • Users can avoid downloading the 400 GB blockchain file and choose to prune to manage just 6GB.
  • Running a node helps support the Bitcoin network and to mine BTC.
  • Easy backup and restoring of the wallet.

Cons of the tool:

  • No storage of another crypto.
  • No internal exchange.
  • Only one address can be connected with the app.
  • Synching the app takes days to complete.

Type of Wallet: Software
Incorporated Exchange: No 
Compatible Hardware Wallet:  No

Website: Bitcoin Core


#19) Green Address

Best for multi-signature group users

GreenAddress

Green Address allows users to store Bitcoins secured with two-factor authentication and multi-signature technology. The private keys are also stored locally on the user’s device. Another security feature is allowing users to log into their wallet in a watch-only mode that does not load any local or cloud-stored keys.

This makes it safe for users to watch their transactions and balances even when using public Wi-Fi or the Internet.

Features:

  • Set spending limits and rate limits to transactions.
  • Newly generated address per new transaction, which improves transaction privacy. Different addresses are used to store change.
  • The automatic pre-signed transaction (nLockTime) is set such that in case the service disappears or is taken down, users will get their funds after a set time.

Cons of the tool: 

  • No integrated exchange.
  • No support for other cryptos besides BTC.
  • Not compatible with hardware wallets.

Type of Wallet: Software wallet
Incorporated Exchange: No
Compatible Hardware Wallet: No

Website: Green Address


Conclusion

The most secure and best crypto wallets are hardware wallets that allow signing transactions offline. However, they are expensive. Mobile Bitcoin wallets are some of the best Bitcoin wallets as they allow users to store, receive, send, and manage digital currencies on the go.

Also Read =>> Top apps for crypto exchanges 

Research Process:

Time taken to research and write this article: 18 Hours
Total tools researched online: 15
Top tools shortlisted for review: 14

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