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Best Bitcoin Wallets!

What is Bitcoin wallet? Wallets are closely like to your local bank. Without using wallet, you can’t secure, store and spend Bitcoin. This is the very first step to get into crypto business. Types of Bitcoin Wallets There are several types of wallet which you can choose from such as, Hardware wallets, mobile wallets, hot 7 cold wallets, physical wallets and online web wallets. The most recommended wallet is Hard wallet which is safest to secure Bitcoin. Hardware wallets Hard wallets are secure, offline devices. They store your private keys offline so they can’t be hacked. This means you can even use one on a malware infected computer. Ledger Nano S, TEZOR , KeepKey and ledger HW.1 are  some of the most used hardware wallets.

Desktop Wallets If privacy is your main concern, the Bitcoin core wallet is a good option since it does not rely on third parties for data, Try Electrum. Mobiles wallets There are numerous of Bitcoin wallets for mobile phones such as GreenBits, mycelium, coinBase, Automic wallet etc.

Hot wallets and cold wallets Hot wallets are connected to the internet and they are easy to hack eg. Online and desktop wallet. Cold wallets are not connected to internet so they are safe from hacker eg. Hardware and paper wallet   How to avoid Theft and Scams ***Generate your private keys in a secure, offline environment.*** ***Create backups for your private keys.*** ***Encrypt wallets to provide additional security.***

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