{"id":212791,"date":"2021-02-07T13:45:03","date_gmt":"2021-02-07T18:45:03","guid":{"rendered":"https:\/\/insidebitcoins.com\/?page_id=212791"},"modified":"2024-04-17T15:30:53","modified_gmt":"2024-04-17T15:30:53","slug":"bitcoin-wallets","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/bitcoin-wallets","title":{"rendered":"10 Best Bitcoin Wallets for Beginners – Store Crypto Safely"},"content":{"rendered":"
Bitcoin may be digital cash, but it has a lot in common with the paper currency you carry with you. Both BTC and fiat money can be bought, sold, traded, or stored in a wallet. A Bitcoin wallet is a digital wallet.<\/p>\n
Using this guide you’ll be able to set up your own secure Bitcoin wallet to safeguard your Bitcoin and other cryptocurrency<\/a> holdings.<\/p>\n Below we take a closer look at the top Bitcoin wallet providers on our list:<\/p>\n Our pick for the best Bitcoin wallet is one that has everything a discerning BTC investor would want. There is the ability to buy and sell multiple crypto assets due to multi-chain support. There are security features that cover everything from multi-factor authorization to biometrics identification. And there is a unique AI integration that would redefine how you interact with the cryptocurrency market.<\/p>\n Known as Best Wallet<\/a>, this Bitcoin Wallet is yet to be released. But due to its many positive features, the waiting list is long. It allows one to safely buy, sell and store over 1000 crypto assets along with Bitcoin. And with its multi-chain support, you will be able to interact with a wide array of decentralized applications, including staking protocols and yield farming.<\/p>\n <\/p>\n But the fundamental feature that sets this crypto wallet apart from the rest is the AI chatbot. This advanced tool helps with interacting with the crypto wallet in a whole new way. It also offers insights into the current state of the cryptocurrency market.<\/p>\n Another additional feature is the inclusion of the token – $BWAT. Staking this asset allows users to gain access to several perks, including zero gas fees.<\/p>\n Visit Best Wallet<\/strong><\/span><\/a>\n<\/p> OKX<\/a> is the world’s third-biggest cryptocurrency exchange by market capitalization. It supports over 350 cryptocurrencies that users can buy and sell either using crypto or over 112 different fiat methods. OKX supports basic trading, derivatives, and margin trading. The platform also has a trading bot, providing a hands-free trading facility. Block trading features are also available on OKX.<\/p>\n <\/p>\n One of the best add-ons of OKX is the copy trading utility. It allows users to find trading influencers, track their trading signals and copy them. That utility is suitable for traders who want to make gains without having to dive into multiple research sources for each crypto asset. Users can also become lead traders – whose trading strategies get copied – and earn passive income based on the number of users copying their strategies.<\/p>\n OKX also has a Grow Program, which includes OKX Earn, that offers staking rewards and APR (Annual Percentage Returns), and loans. Users can also use the “Jumpstart” program to find high-quality projects to invest in.<\/p>\n All these features can be interacted with using the Bitcoin wallet that OKX sponsors. It is a soft wallet that offers flexibility as well as security. In terms of licenses, OKX has acquired registration to operate in Dubai. The exchange has also applied for a license in China recently.<\/p>\n Overall, OKX is a beginner-friendly exchange with a Bitcoin wallet that people can easily interact with. Its easy-to-use interface positions it as one of the top crypto wallets for beginners<\/a>. The wallet allows users to access over 50 decentralized networks. The wallet also features a Web 3 dashboard that lets investors access Dapps, NFTs, and other crypto-related features.<\/p>\n Visit OKX<\/strong><\/span><\/a>\n<\/p> Bybit<\/a> is a cryptocurrency exchange that emerged in 2018 and soon earned renown thanks to multiple inclusive facilities to make it open to buying cryptocurrencies. Bybit’s bitcoin wallet, the Bybit wallet, allows mobile users to easily interact with Bybit’s ecosystem.<\/p>\n <\/p>\n Users can see the list of top DeFi and GameFi projects through the wallet. And they can also access the top NFT collections. The Bybit wallet also comes back with a learning tool that allows users to learn about DeFi and other nuanced blockchain concepts in a simple language. The wallet also comes with a Dapp aggregator, giving investors access to the best-decentralized applications available in the market.<\/p>\n The wallet also gives users access to IDO cryptos and swap facilities. Staking pools that let investors generate income from on-chain liquidity mining are also accessible through the Bybit wallet. Bybit has also introduced a “Rewards” section recently that gives users access to airdrops and other rewards in return for completing the Web 3 tasks.<\/p>\n New users will also be benefited, as those who go to the official platform and sign up can get a bonus of up to 5030 USDT.<\/p>\n Visit Bybit<\/strong><\/span><\/a>\n<\/p> Crypto.com<\/a> DeFi Wallet is the best Bitcoin wallet for storing, earning, and growing your cryptocurrencies. It is a non-custodial wallet that provides access to a comprehensive set of DeFi services in one location. In this wallet, your private keys to Bitcoin are encoded locally on your device using Secure Enclave and are safeguarded by biometric and two-factor authentication. Here, you have complete control over your private keys here.<\/p>\n You can send cryptocurrency to anyone at your chosen confirmation pace and the network fee. Users can send and receive more than 500 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), DeFi coins such as Uniswap (UNI), Compound (COMP), Yearn finance (YFI), stablecoins, and other ERC20 tokens. ERC721 and ERC1155 Ethereum-based NFTs are also supported on this wallet.<\/p>\n <\/p>\n The Crypto.com DeFi Wallet helps to discover DeFi projects in a simple and secure manner. With DeFi Earn, you can deposit and obtain the highest returns on your DeFi tokens. Aave Lending V2, Yearn Earn V2, Compound, Cosmos Staking, and native CRO Staking are all consolidated with DeFi Earn.<\/p>\n This wallet also has a multi-wallets function through which you multiple wallets under the Defi Wallet App by making new wallets or importing existing wallets. You can connect your Crypto.com DeFi Wallet to the Crypto.com App with your preferred wallet for gaining access to Crypto.com’s various crypto financial products.<\/p>\n Visit Crypto.com<\/strong><\/span><\/a>\n<\/p> Coinbase<\/a> is another worldwide known cryptocurrency exchange that also offers a separate crypto wallet known as Coinbase wallet. The latter exist standalone, and you don’t have to open a Coinbase account to have a Coinbase Wallet. Still, you can link your wallet to your Coinbase account and quickly transfer your funds between them.<\/span><\/p>\n <\/a><\/p>\n With your Coinbase Wallet, you can store your crypto coins in one place and get access to more than 500 cryptocurrencies and several NFTs, take part in ICOs, shop at the stores where they accept cryptocurrencies, send crypto to any part of the world, and not only. Among the essential features of the platform offers is its easy and simple-to-use interface. Another crucial thing is your security – <\/span>Coinbase Wallet <\/span><\/a>protects your private keys with high-standard security systems, including Secure Enclave, biometric authentication, and optional cloud backups. <\/span><\/p>\n Visit Coinbase<\/strong><\/span><\/a>\n<\/p> Binance<\/a> is a cryptocurrency exchange and a peer-to-peer marketplace that offers users a vast selection of digital assets. <\/span><\/p>\n To store these cryptocurrencies, Binance also offers one of the best Bitcoin wallets used by already 10 million people around the world. It interacts with several blockchain wallets and crypto tokens and it has a mobile app that you can install on your device and use to store, receive, exchange, and send hundreds of cryptocurrencies.<\/span><\/p>\n <\/p>\n Additionally, Binance Wallet not only allows you to store your cryptos but also gives you the opportunity to earn rewards by staking your coins. At the time of writing, Binance supports locked staking of 76 different cryptos.<\/span><\/p>\n For Americans, there’s Binance US which has the same features as Binance.<\/p>\n Visit Binance<\/strong><\/span><\/a>\n<\/p> For those who prefer to use a hardware wallet and have a larger amount of bitcoin to store, we have selected two of the best-known cold storage wallets. The first one is Trezor, a small-sized device able to hold different types of cryptos, such as Bitcoin, Ethereum, Ripple, Cardano, Zcash, etc. Launched in 2014, it was the first hardware wallet that offers secure storage for your BTC and other crypto assets.<\/span><\/p>\n <\/p>\n You can get Trezor for under $100, and the package also includes a USB that connects the small device to your computer. You will also get a list where you should create a 24-word security code for your Trezor that later you can use to recover your wallet in case you lose your Trezor. The device stands out with excellent privacy, and even the company producing it cannot track how you use it as long as there is no serial number written on it. <\/span><\/p>\n Ledger Nano S is a trendy hardware crypto wallet that became so famous due to some of its features. First and foremost, it’s known as one of the most secure wallets to store your bitcoin, and only a few cases are known when it was hacked. It’s a compact device that is used and packed easily and has built an excellent reputation so far. <\/span><\/p>\n <\/p>\n Similar to the Trezor wallet, when you get your Ledger Nano S, you create a code consisting of 24 words that you can use to recover your private keys in case you lose your physical device. As for its functionality, you can use Nano Ledger S to store almost 1100 tokens and cryptocurrencies. <\/span><\/p>\n Twenty-three of these digital currencies are backed by Ledger itself, while other crypto assets are available with the help of third-party apps. As for its cost, you can buy a Nano Ledger S hardware wallet for under $60.<\/span><\/p>\n Amon Wallet<\/a> is an intuitive, state-of-the-art wallet that allows seamless buying, selling and exchanging of fiat and cryptocurrencies. Enjoy the freedom of more than 10 digital and traditional currencies, all in one place. <\/span><\/p>\n Let’s explore the pain-free process of creating your Amon Account. <\/span><\/p>\n Step 1: Create Your Amon Account<\/b><\/p>\n <\/p>\n Simply head to amon.tech<\/a> or download the Amon Wallet app from the Google Playstore or the Apple App Store. <\/span><\/p>\n Enter your details as displayed above. <\/span><\/p>\n <\/p>\n Check your email for a verification code. <\/span><\/p>\n Next up you’ll need to verify your identity (KYC). <\/span><\/p>\n <\/p>\n Once we’ve approved your (KYC) you’ll unlock the full power of the Amon Wallet! <\/span><\/p>\n Step 2: Let’s purchase some BTC<\/b><\/p>\n First up, head to the “Wallets” screen to deposit EUR \/ GBP<\/span><\/p>\n <\/p>\n Select either EUR or GBP. <\/span><\/p>\n <\/p>\n Make a SEPA transfer (instant transfer is also accepted). Once you’ve deposited your desired amount into the above account, you’ll have EUR or GBP in your fiat account. <\/span><\/p>\n Next up, head to the convert screen and select EUR to BTC. <\/span><\/p>\n <\/p>\n Step 3: Start earning interest on your crypto with Amon Earn<\/b><\/p>\n Head over to the Earn screen and select “Move In”.<\/span><\/p>\n <\/p>\n Select the amount of BTC or other crypto that you want to earn interest on and hit deposit. <\/span><\/p>\n <\/p>\n Receive every Monday your interest. Withdraw your funds at anytime, no locking period.<\/span><\/p>\n <\/p>\n Step 4: Order the Amon Card<\/b><\/p>\n Head to the card screen. Select continue.<\/span><\/p>\n <\/p>\n Select your desired Card Tier plan and click “Select Plan” and confirm your selected plan. <\/span><\/p>\n <\/p>\n Lastly, enter your shipping details, and VOILA, your Amon Card is on the way to you!<\/span><\/p>\n <\/p>\n Visit Amon<\/strong><\/span><\/a>\n<\/p><\/div><\/div>\n ZenGo<\/a> is a non-custodial, keyless crypto wallet, making it the simplest yet most secure and always recoverable wallet to invest in cryptocurrency. Create an account in just 19 seconds and be the true owner of your crypto.<\/p>\n They also have a limited time offer, until the end of January 2022:<\/p>\n Main features:<\/p>\n These features are also coming soon:<\/p>\n Visit ZenGo.com<\/a> to open your Bitcoin wallet and start earning interesting on your BTC holdings.<\/p>\n<\/div><\/div>\n <\/p>\n Binance is one of the best trading platforms<\/a> in the world, so if you want to use Bitcoin, chances are you’ll be using it sooner or later. Let’s take a quick look at how to create your Binance account and exchange wallet.<\/p>\n <\/p>\n Step 1 – Create Your Binance Account<\/strong><\/p>\n Go to Binance.com and complete registration<\/a> by giving your email and new password.<\/p>\n You’ll be sent an email with a link to click.<\/p>\n Follow it into the Binance site. From here you’ll supply a little more information, then you’ll be able to send Bitcoin to your Binance exchange wallet.<\/p>\n Note: You can’t buy Bitcoin with fiat money on Binance.<\/strong><\/p>\n Step 2 – Go to “Funds” > “Balances”<\/strong><\/p>\n <\/p>\n Here you’ll see all of your Binance wallets.<\/p>\n Anytime you buy a coin on Binance, it will be delivered to its respective wallet.<\/p>\n Wallets with balances will appear at the top of the screen. Send Bitcoin to the address you see after clicking “deposit”, and you’ll have Bitcoin on Binance for all your trading needs.<\/p>\n Visit Binance<\/span><\/a><\/strong><\/p>\n<\/div><\/div>\n <\/p>\n Coinbase is a great place to buy Bitcoin with PayPal<\/a> for the first time, because they let you use bank transfer, debit card, and credit card. Creating a Coinbase wallet is about as easy as opening your first Facebook account. Here’s how it works.<\/p>\n Step 1: Create Your Coinbase Account<\/strong>.<\/p>\n <\/p>\n Go to Coinbase.com and sign up for a new account as an individual.<\/p>\n Give your first and last name, your email address, and your new password.<\/p>\n Go to your email and click the link inside when you find the new message from Coinbase.<\/p>\n This will lead you into the site.<\/p>\n Step 2: Find Your Bitcoin Wallet<\/strong>.<\/p>\n <\/p>\n Click on “wallets” and you’ll see your Bitcoin wallet (as well as the other wallets for the rest of the coins sold on Coinbase).<\/p>\n Click it and you’ll see a screen like the one above.<\/p>\n You can send Bitcoin from “my wallet” to any other wallet you control, or to which you have the address.<\/p>\n Visit Coinbase<\/span><\/a><\/strong><\/p>\n<\/div><\/div>\n <\/p>\n Exodus wallet is a piece of software that lives on your computer. All you have to do is download it and set it up and you’ll be ready to store Bitcoin here. Follow these steps to do just that.<\/p>\n Step 1: Download Exodus<\/strong>.<\/p>\n <\/p>\n Go to Exodus.io and download the desktop wallet (Exodus is not currently available for mobile). Install it just as you would any other desktop application.<\/p>\n Step 2: Open Your Exodus Bitcoin Wallet<\/strong>.<\/span><\/p>\n <\/p>\n As you can see above, Exodus can hold all kinds of cryptocurrencies. To use it for Bitcoin, just click the “wallet” tab on the right, and then click the “Bitcoin” wallet. You’re now ready to use the Bitcoin Exodus wallet.<\/span><\/p>\n Visit Exodus<\/span><\/a><\/strong><\/p>\n<\/div><\/div>\n The Infinito Wallet is used to hold all kinds of cryptocurrencies, not just Bitcoin. Use it if you want an easy one-stop storage shop for all of your portfolio. Infinito wallet is also very convenient and well designed. Here’s how to get it.<\/p>\n Step 1: Download Infinito Wallet<\/strong><\/p>\n <\/p>\n Go to Infinitowallet.io and click “download” as seen in the image above. Select the right file for the device you’ll be using. Once the file is downloaded, install it just as you would any other application. Once it’s set up, open it up.<\/p>\n Step 2: Go to the Bitcoin Wallet already within Infinito<\/strong><\/p>\n <\/p>\n You’ve already got a Bitcoin wallet once you open Infinito. It’ll have your address, to which you can send any amount of Bitcoin.<\/p>\n Visit Infinito Wallet<\/span><\/a><\/strong><\/p>\n<\/div><\/div>\n <\/p>\n Formerly Blockchain.info, the Blockchain.com Bitcoin wallet is one of the most convenient web wallets in the space. Create an Bitcoin account<\/a> fast and have secure access to Bitcoin and other cryptocurrencies whenever and wherever you need.<\/p>\n Step 1: Create a Blockchain.com Wallet<\/strong><\/p>\n <\/p>\n Go to Blockchain.com and create a new wallet by submitting your email, choosing a new password, and clicking the link in the email Blockchain.com sends you.<\/p>\n Step 2: Find Your Bitcoin Wallet Inside Blockchain.com<\/strong>.<\/p>\n <\/p>\n Click on “Wallet” at the top of the page. This will take your to your Bitcoin wallet, from which all your Bitcoin business can be managed.<\/p>\nOn this Page:<\/h2>
<\/ul> <\/div><\/div><\/div>\n
Best Bitcoin Wallets in May 2024<\/h2>\n
\n
Best Bitcoin Wallets<\/h2>\n
1. Best Wallet – Crypto Wallet With AI Integration<\/h3>\n
2. OKX Wallet – Beginner-Friendly Wallet to Interact with Different Web 3 Project<\/h3>\n
3. Bybit Wallet – Good Bitcoin Wallet Allowing Users to Interact with GameFi and DeFi<\/h3>\n
4. Crypto.com wallet<\/h3>\n
5. Coinbase Exchange Wallet<\/strong><\/h3>\n
6. Binance Exchange Wallet<\/strong><\/h3>\n
7. Trezor<\/strong><\/h3>\n
8. Ledger Nano S <\/strong><\/h3>\n
How to Create a Bitcoin Wallet<\/h2>\n
\n
\n
\n
<\/h2>\n