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Bitcoin is one of the most popular digital currencies and some people believe that it is the common currency of the next generation, but for long-term and safe storage of bitcoins, you must use its special wallets. In this article, we will introduce 17 bitcoin wallets that are among the best and we will briefly review the advantages and disadvantages of each one to choose the best option according to your needs.

Bitcoin wallet and its variants

As you put the banknote in your wallet, you can also use hardware wallets, online or hot (Hot Wallet) to store bitcoins.

Hardware wallet

This model of wallet is physically available to the user and no one else can access the information inside it remotely. To access your bitcoins, you need to connect this wallet to your computer via a USB port. This type of wallet comes in a variety of sizes and shapes but the flash drive type is very popular.

Software / application wallet

This type of wallet differs from the hardware model in terms of security and other features, but they are used as the most popular wallet by users. Using software wallets is much easier than the hardware model, it also provides free features to the user.

Online wallet

With this wallet, the user can access their bitcoins online with any username and password anywhere in the world. Although attractive websites are designed for this wallet, it is very vulnerable to hackers and is not a good option for storing bitcoins.

What is the best and safest bitcoin wallet

In the following, we will introduce 17 of the best hardware, software and online wallets so that you can choose the best and most suitable option for yourself by considering the advantages and disadvantages of each.

1- ARCHOS Safe-T

This Bitcoin wallet is one of the best hardware products on the market.

Advantages

This wallet is the first hardware product produced by a public company. In fact, thanks to the open source codes of the Trezor wallet and its brilliant security record, the French company has designed a product to store encrypted keys and protect pins, which costs around 50 euros.

The wallet also has a large screen on which all the details of the transaction can be seen. In addition, ARCHOS Safe-T is designed in such a way that in case of theft or loss, its data can be recovered in the new device.

Disadvantages

This wallet only supports major digital currencies such as Bitcoin, Bitcoin Gold, Ethereum and Ethereum Classic.

2- Ledger Nano S

This bitcoin wallet is the best option for storing bitcoins due to its ease of use and high security.

Advantages

This wallet is more secure than cheap products. The price of this product is very affordable while it is as efficient as expensive wallets. To confirm the transaction, the user must press both keys on the body, which greatly prevents theft and hacking.

Disadvantages

It is possible to recover data in this wallet, but it does not support the password (Passphrase).

3- KeepKey

If you are looking for a wallet with a digital screen, KeepKey is the best option for you.

Advantages

This wallet is smaller than other products and is very suitable for travel. In addition to all the information such as account balance, transaction report and PIN are visible on its digital screen.

Disadvantages

This wallet is more expensive than other products, which is why users prefer cheaper products.

4- Treasury

If you are looking for a wallet with very small dimensions and high encryption capability, Trezor is the best option for you.

Advantages

Trezor wallet has a high quality screen that allows the user to view transaction information. This wallet is one of the most popular products for storing bitcoins with its minimalist design and powerful encryption system.

Disadvantages

The $ 99 Trezor wallet is one of those expensive wallets that some people can’t afford.

5- GreenAddress

Because the GreenAddress wallet is the most secure online wallet, it can easily be used to store bitcoins online.

Advantages

This online wallet is a multi-signature type, which means that one key is controlled by the user and the other key is controlled by GreenAddress to access its information; In addition, access to this wallet is also possible via mobile.

Disadvantages

Going through the security steps and accessing this wallet is a tedious task for users who have a small amount of bitcoin.

6- Mycelium

If you use Android Cauchy, the Mycelium wallet is the best option for you.

Advantages

This wallet has received a good score from users and has features such as offline access to hardware accounts, bitcoin sales and display of local exchanges.

Disadvantages

The security of this wallet is less than hardware models, so that theft and hacking of smartphones occur more than hardware wallets.

7- KeepKey – Golden Edition

Although this wallet is expensive, it also has a very high level of security and quality.

Advantages

This wallet is not installed on any of the operating systems, thus it is safe from computer viruses and hacks. This product is used to store currencies such as Bitcoin, Ethereum, Dash, etc.

Disadvantages

The high price can be considered the only disadvantage of this product.

8- Ledger Wallet Nano – Due Edition

This product contains two very thin hardware, so you will be relieved about losing your wallet.

Advantages

This wallet has a two-tier security level; In a way that protects it against computer malware or other resources. Also, by purchasing this product, you will have two wallets with the same address that can be used simultaneously. Also, if you lose one of them, you can easily use the second wallet.

Disadvantages

This wallet is vulnerable to impact and pressure due to its very small size, so you need to be more careful when using it.

9- Bitcoin Knots

This offline wallet is officially offered to users by Bitcoin.org, which provides users with high security and payment features.

Advantages

This wallet has been approved by official bitcoin sources and has a high reputation in the user community of this currency. With this wallet, you can control the amount of Miner Fees for each transaction.

Disadvantages

Hackers can easily access your account information if the computer system on which you walled this wallet is infected with malware or viruses. The wallet’s website is so old and confusing that it looks unreliable.

10- Exodus

Choose Exodus Wallet if you want to complete your transactions anonymously.

Advantages

This software wallet has a comprehensive dashboard that allows the user to view all the required information. In addition, the Exodus wallet supports a variety of currencies.

Disadvantages

This wallet does not support Two Factor Authentication.

11- Jaxx

You can manage your assets with Jaxx software wallet.

Advantages

Because Jaxx is a Multi-Platform software, users can use it simultaneously on different devices such as mobile, PC and laptop. As soon as you log in to Jaxx, your assets are on the device, so you no longer need to worry about hacking and stealing information from this software.

Disadvantages

Transactions are displayed with a slight delay and the loading speed of the application itself seems a bit slow.

12- Atomic Wallet

This software wallet is used for free storage of bitcoins and 500 other currencies and digital tokens. In Atomic Wallet software, all assets are updated encrypted on the device. The desktop application of this program runs on various operating systems such as Windows, macOS, Debian, Ubuntu and Fedora, and its mobile version is also supported on Android devices. In addition, it is possible to buy digital currencies with common currencies such as dollars and euros in this software.

Advantages

This multi-purpose and decentralized application has an internal exchange and provides users with features such as a smooth user interface, high security and privacy, and round-the-clock support.

Disadvantages

In this application, only a few popular digital currencies can be purchased through common currencies.

13- FIDO U2F Security Key

This hardware is actually a tool for 2FA verification of users in Internet applications, but it is a Bitcoin wallet.

Advantages

To access your account, just connect this hardware to the computer after authentication. You can also link this wallet to the Dashlane password management app to enhance security and quick access to your assets.

Disadvantages

This hardware can not be considered as a substitute for digital currency wallets, so to store bitcoins in a completely secure environment, you should buy wallets equipped with 2FA, which are not worth buying, mainly due to the high price.

14- Electrum

Electrum is one of the safest software wallets that you can easily download and install on your computer.

Advantages

Electrum is very easy to work with, so you can install it to protect your property and save your coins; This wallet also brings you a high level of security.

Disadvantages

Your coins are in millibitches (mBTC) in the Electrum wallet, which may seem a little difficult to calculate at first. It is also not possible to use online wallet services such as CoinBase in this software.

15- Bitcoin Wallet- Bitcoin.Com

If you want to send, receive or save your bitcoin currency via mobile in a secure environment, Walt Bitcoin wallet is the best option for you.

Advantages

This application is very user-friendly and it is not difficult to use even for beginners. In addition, it is possible to buy Bitcoin directly in this application.

Disadvantages

This wallet is very vulnerable and if your mobile phone does not have security features such as two-step authentication, hackers can easily access the information inside it. Another disadvantage of this wallet is the price of Bitcoin, which is slightly more expensive than reputable exchanges.

16- Bitcoin Armory

Bitcoin Armory Wallet is one of the oldest products for storing bitcoins that is for users with high security on desktop computers.

Advantages

Because Bitcoin Armory is a Cold-Storage wallet, it is more secure than online wallets. If you want to store a lot of bitcoins for a long time, Bitcoin Armory is the best option for you. In addition, Bitcoin Armory has gained a good reputation among users in recent years; Therefore, it can be that this product has fewer bugs and security holes than the new wallets.

Disadvantages

As mentioned earlier, the Bitcoin Armory wallet is one of the oldest products in the field of digital currency, so its implementation is slow and its appearance seems a bit outdated.

17- Copay

This wallet is made by one of the largest bitcoin service companies called Bitpay and has a very high level of security.

Advantages

Copay wallet supports Multi-Signature, which means that it requires two signatures to confirm the transaction. Therefore, the security of this wallet will not be at risk of hacking and malicious transactions. In addition, the codes of this product are open source and the user can identify the attacker and thief codes for free.

Disadvantages

All the services of this wallet revolve around a central authentication system. In fact, a central account will be in sending each transaction, and if you do not log in to this authentication system, you will no longer own this wallet. Using this wallet is also very difficult for newcomers, so if you are new to digital currencies, Copay wallet is not a good option for you.

last word

Many wallets such as hardware, software, online, paper or hybrid products are available in the market to store bitcoins, but before buying any product, make sure it is secure and impenetrable against known malware and viruses.