Our List of the Best Bitcoin Wallets of 2021
- Ledger Nano X: Overall Best Bitcoin Wallets & Crypto Wallets Trezor Model T: Leading Bitcoin Hardware Wallet Ledger Nano S: Popular BTC Wallet for Crypto Trading Exodus: Trusted Online Wallet for Cryptocurrency Beginners Mycelium: Top Blockchain Wallet to Buy & Sell Bitcoins
#1. Ledger Nano X: Overall Best Bitcoin Wallets & Crypto Wallets
Simple and easy to use Ledger Live interface Up to 100 different applications in the app store Cold wallet with high-security standards Customer and community support are available with open-source software Bluetooth connection is convenient
Bluetooth integration may be used as a vector for cyber-attacks (USB is still an option) Limited storage
#2. Trezor Model T: Leading Bitcoin Hardware Wallet
Web-based user interface with built-in interactions Large number of cryptocurrencies supported Customer and community support available with open-source software
Price point is higher than others For a first-time user, it may be perplexing
#3. Ledger Nano S: Popular BTC Wallet for Crypto Trading
Ledger Live access Store your belongings safely for a low price Customer and community support are available with open-source software Supports more than 1,500 cryptocurrency coins
Not ideal for beginners No Bluetooth wireless capability Maximum storage of 18 apps
#4. Exodus: Trusted Online Wallet for Cryptocurrency Beginners
Excellent client service Built-in swapping Very simple to use Mobile and desktop-compatible Live chat support More than 100 cryptocurrencies supported
Closed source software Relatively weak security system Custom fees only for Bitcoin
#5. Mycelium: Top Blockchain Wallet to Buy & Sell Bitcoins
Fees for transactions may be customized Possibility of using hardware wallets 100% free to use open-source software Cryptocurrency exchange incorporation Excellent user interface Configure your own transaction fees
Only for mobile May be confusing for beginners
How We Made This List
What We Looked For
The Reputation of the Company: We considered how long the business has been operating, who runs it, how securely they keep your data on their servers, and who has your private keys. We also checked whether they are insured and if they have had previous instances of insider hacking and Bitcoin losses due to inadequate data management methods or buggy software. Private Key Control: We have selected a list of Bitcoin wallets in which you own and control your keys (non-disclosure wallets). Security and Backup: Maintaining the security of your cash is critical, so it is at the top of our priority list when selecting a wallet. We conducted an extensive study on the wallet’s security features. If you want to ensure the security of your assets, go for a hardware wallet. Convenience (Multi-currency): If you intend to hold more than one cryptocurrency, selecting a wallet with multi-currency compatibility is necessary. So, we have suggested a list of recognized wallets with numerous evaluations and excellent assistance. But, if you intend to use the wallet for only one cryptocurrency, you should check out the coin’s website to see whether the company offers a separate wallet.
Converting Cryptocurrencies: Converting from one cryptocurrency to another is a handy feature to have in your wallet. We cannot overemphasize how beneficial it is to incorporate this function into your wallet since it allows Bitcoin trade. As a result, our list contains the wallets that allow for cryptocurrency conversion. Ease of Use: User-friendliness is one of the most critical elements of any kind of crypto wallet, as it can mean the difference between enjoying yourself and becoming frustrated with your wallet. The listed wallets in this article emphasize the smoothest user experience. Compatibility: The wallets we have selected are compatible with a variety of operating systems. Customer Service: When a cryptocurrency’s market value fluctuates dramatically, the response speed of any platform’s customer support is critical, and this is especially true for cryptocurrency exchanges. We have continually added the search phrase “customer service” for any exchange, trading tool, or wallet while building our list.
