The Cool Bitcoin Wallet Of 2020?

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Avatar for Klukung
4 years ago

Crypto asset activists often say the mantra "Not your keys, not your Bitcoin," which means that the private key for a Bitcoin wallet must be owned by an individual, not stored on a crypto asset exchange. For those who are worried about losing funds on the crypto asset exchange, you can choose from a number of these personal crypto asset wallets.

To store large amounts of crypto assets and not intend to trade, it is advisable to use a hardware wallet to make it safer.

When using this type of wallet, the user must write down the public address (receive address), private key and seed phrase, which is a series of words to recover the account. A number of hardware wallets may be worth choosing.

First, the Ledger Nano from France. This wallet has been around since 2014 and is one of the most popular wallets, because it is the easiest to use.

The user only needs a PIN code and a recovery phrase. Ledger also has an application, where users can buy crypto assets directly, send and receive them and even stake. Currently, Ledger Nano supports more than 1,500 crypto assets.

Second, Trezor from Prague. Apart from Ledger, Trezor is an open-source wallet that has been quite popular since 2013. This device was created by SatoshiLabs, which is a business owned by Marek Palatinus and Pavol Rusnak, two legacy Bitcoin miners.

Trezor can be used with the Trezor Suite application or desktop wallets such as Electrum, Exodus, Magnum and others. Through this wallet, users can store more than 1,600 crypto assets.

Third, ColdCard from Canada. This open-source wallet looks like a mini calculator and can only be used to store Bitcoin.

ColdCard has “danger condition” features such as fake wallet, PIN and lock time. This wallet is considered one of the safest, and was created by CoinKite, a company that has been in the world of crypto assets for a long time.

CoinKite offers two related products, namely OpenDime and Seed Plate. OpenDime is similar to USB in that it can store small amounts of Bitcoin for gifts. SeedPlate is a metal plate that is resistant to fire and flood disasters, for storing seed phrases.

Fourth, BitBox02 from Switzerland. BitBox is a user-friendly wallet, quick to install and has an in-app guide and convenient interface.

The BitBox app is available for Windows, macOS, Linux as well as Android and can be used with third-party wallets. Much like Ledger and Trezor, Bitbox supports over 1,500 ERC-20 tokens.

Fifth, OPOLO from Luxembourg. This newcomer's wallet has a 3.2-inch touch screen with a desktop application, can be used with 110 crypto assets and 200 thousand assets.

In the OPOLO application, users can exchange any two crypto assets. This wallet supports a password that is 127 characters long and a password manager to provide maximum security.

Sixth, Cobo Vault from China. Cobo Vault is one of the most secure open-source wallets for Bitcoin. This wallet can be used to store BTC, ETH, BCH, DASH, LTC, ETC, TRX, EOS, USDT, XRP, XZC, IOST, DCR and DOT / KSM as well as Ethereum, EOS and TRON tokens. Cobo Vault features a fingerprint scan, is waterproof and rugged.

Seventh, SafePal from Hong Kong. For DeFi lovers, the SafePal S1 has an air-gapped mechanism, which means the device is 100 percent offline.

Eighth, SecuX from Taiwan uses mobile and web applications. This wallet has an aluminum shell for protection during transportation. Crypto assets that can be stored include BTC, ETH, ERC-20, XRP, LTC, BCH, DGB, Dash, BNB, Doge and XLM. One wallet can hold up to 500 accounts.

Ninth, Tangem from Switzerland. This card-shaped wallet is fairly cheap. Private keys are created and stored permanently using cryptography on the chip. Transactions are made through the application. Each Tangem card is valid for specific crypto assets, including BTC, ETH, XLM, ADA, XRP, XTX and BCH.

Tenth, Satochip from Belgium. A cheaper option besides Tangem, Satochip is also a debit card and comes with a scanner.

This wallet can be used for BTC, BCH, LTC, ETH and all ERC-20 tokens. There is no mobile app, but this wallet is used with software such as MyCrypto, Electrum or Electron Cash.

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Great article dear. Go forward....

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4 years ago

Thank's

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Welcome

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