With the continuous rise in the value of Bitcoin after September 2020, many new investors have entered the crypto space. People who are skeptical about Bitcoin are now interested in investing in it. So, those who have no idea about where to store their Bitcoins are looking for the best digital wallets. If you are one of them, this article will help you to choose the right wallet for storing your bitcoins.
Top Five Digital Wallets for Bitcoin
Choosing the right digital wallet has become a challenging task, as the number is increasing every day. To help you to find the best wallets, here is a list of the top five digital wallets for this year. Many successful Bitcoin investors use the websta.me platform to get professional advice on crypto investment.
If you are in the crypto market even for a few months, you must have heard about Coinbase. If you are new to Biitcoin, it’s one of the best digital wallets you must check out. It’s the most popular crypto exchanges in the USA and also offers the best wallet services.
It allows you to easily buy, sell, and exchange Bitcoin with other digital assets. It supports the US dollar, and you can exchange your Bitcoin and crypto holdings into this platform. There are no charges for opening an account on its platform. It’s available both in web and app versions.
- It’s easy to use.
- It offers great security features.
- It’s available both for android and iOS.
- Transaction fees are high.
ZenGo is the first cryptocurrency wallet that allows you to access your cryptocurrencies without a private key. Even though it does not require a private key, but it offers the best security features.
This keyless digital wallet allows you to perform various operations, including burning, selling, trading, and tracking the price of Bitcoin and other cryptocurrencies.
- It does not charge any fees to withdraw your crypto holding to other wallets.
- Good security features with biometric login.
- It offers good customer support.
- A limited number of cryptocurrencies are available on this platform.
SoFi is the best digital wallet for beginners who are investing in bitcoin or in any other cryptocurrencies. It’s a financial company that offers banking, lending, and other financial services.
The user-friendly interface of SoFi allows beginners to navigate through its platform easily. Although it has a very limited option for cryptocurrency, it supports Bitcoin and some of the popular cryptocurrencies. It has both web and mobile versions.
- Easy to use interface.
- You can invest in crypto and other assets.
- It offers many free financial tools.
- Only a few popular cryptocurrencies are available on its platform.
If you want to hold your Bitcoins in a mobile wallet, it’s the best option. It’s available both for android and iOS users, and you can install it quickly from the Play Store or App Store. It allows you to exchange crypto with fiat money from your phone.
It supports more than 30 currencies in its platform, including Bitcoin, Ethereum, Ripple, etc. The most attractive thing about Edge is its security features.
- It’s easy to get started from a mobile.
- Two-factor authentication process.
- Desktop or web version is not available.
Exodus is one of the best digital wallets available in desktop and mobile app versions. With an easy-to-use interface, it also offers many handfuls of tools. It supports many digital assets, and you can exchange them with other wallets easily.
You don’t need any account setup, and you just need a private key to access your Bitcoin or crypto assets. Make sure that you keep the back-up of your private key.
We know that hardware wallets are more secure as you can keep your Bitcoins offline. However, they are not convenient if you are a regular trader. You need a digital wallet that is user-friendly, secure, has good features and offers easy exchange options. Now you can choose from the above five digital wallets to store your bitcoins in 2021.
While the blockchain is protected by robust cryptography, your crypto transactions are still not safe and can be traced. If you want to keep your trade crypto with peace of mind, your best bet is to use a VPN for cryptocurrency. It will prevent IP address tracking and safeguard your crypto traffic for a secure and private crypto trading experience.