WALLETS TO STORE BITCOIN

In this blog, we are going to talk about different wallets that different categories of people can use.

Excited already?

We are excited too!

Let’s get started.

First up in the line, we have the best bitcoin wallet:

Electrum Crypto Wallet.

It is a hot storage type of wallet. It charges you with a 0.2 m BTC which is set as a default rate. Hurts right? But that’s a small price to pay.

This wallet lets you connect or integrate with a hardware wallet.

The only drawback is that it supports only 1 coin and token.

Next, we have the most suitable wallet for Mobile:

Mycelium crypto wallet.

This is also a hot storage type of wallet and lets you integrate with a hardware wallet, just like Electrum Crypto Wallet.

It supports over 22 coins and tokens, which is quite an advantage as compared to an electrum wallet.

Users set miner’s fee on the network, from low to the high priority order, which ranges from 0.01mBTC to 1mBTC.

Moving on to, suitable for offline crypto wallet, we have;

Ledger Nano X crypto wallet.

It allows you to trade and stake your digital money on your hardware ledger wallet via the ledger live app.

It’s a cold storage type of wallet and comes with a price of $119 for the device; which includes miner, wallet, and exchange fee.

The best thing about this is, it supports over 500 coins and tokens, so you’re just not restricted to bitcoins.

Talking about a suitable device for desktop, we have;

Exodus.

Enough information about this on the internet already.

But just so you remember, it charges only miner fees, which is customizable for different cryptocurrencies like Bitcoin and Ethereum.

Exodus is a hot storage type of wallet.

The users can integrate it with a hardware wallet. And it supports over 145 coins and tokens.

Last but not the least, we have the best bitcoin wallet for beginners;

Coinbase.

It allows users to interact with various websites using its decentralized app web browser.

One thing to remember about it is that it charges a fee that is set by users on the network, in a low to high priority order.

Which includes miner and exchange fees.

The drawback of this could be that it can’t be integrated with a hardware wallet.

The best thing? It supports over 500 coins and tokens, giving you a wide variety of cryptocurrencies to choose from and trade-in.

Endnote: 

We may suggest you a plethora of wallets, and you will read these blogs with all your attention (since it involves your money and its safety) but unless you place your requirements in front of you, figure out what it is that you want the most and match it with the features of a wallet. I am afraid you’re not going to find your best match just by reading this blog.

This is why we recommend doing your proper research and then coming to a conclusion.