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    Bitcoin Wallet Review 2024: The Best Hardware, Software, Desktop, and Mobile Wallets for BTC

    Collin BrownBy 049 Mins Read

    The storage of Bitcoins is a highly significant topic and should not be underestimated. There are countless stories of hackers stealing millions of dollars’ worth of Bitcoins. This underscores the importance of having a secure and user-friendly Bitcoin wallet. However, the concept of different wallet types can be difficult to grasp and navigate. That’s why we aim to simplify this complex topic for you. In essence, there are two main types of Bitcoin wallets:

    • Cold wallets (also known as hardware wallets)
    • Hot Wallets

    In contrast to cold wallets, hot wallets are connected to the internet. This provides the advantage of quick accessibility for everyday use. However, due to their internet connection, they offer significantly weaker security compared to cold wallets.

    Hot wallets can also be further categorized into web, desktop, and online wallets. Each type offers certain advantages and disadvantages, as well as varying levels of security. In this article, we introduce you to the best Bitcoin wallets for 2024 from these categories and outline the respective advantages and disadvantages of each wallet:

    1. Bitcoin hardware wallet
    2. Bitcoin desktop wallets
    3. Bitcoin online wallets
    4. Bitcoin mobile wallets
    5. Bitcoin paper wallet / offline wallets

    If you’re considering buying Bitcoin, we recommend reading our guide, which will help you find secure and easy-to-use platforms for purchasing Bitcoin (click here!). After purchasing Bitcoin, it’s essential to have a wallet to safeguard your coins from potential hackers.

    When you deposit BTC on a cryptocurrency exchange, you’re entrusting the exchange with the responsibility of managing your private key. However, the private key is what grants ownership of your Bitcoin. Therefore, we advise against delegating this responsibility to an exchange and instead recommend securing your Bitcoins independently.

    As mentioned earlier, each type of wallet offers varying levels of protection, and Bitcoin wallets also differ in price. While hardware wallets come with a certain cost, other types of wallets are typically free (at least in their basic versions). Since hardware wallets offer the highest level of security for storing your Bitcoin, let’s begin with this type of Bitcoin wallet. Below, we present the best Bitcoin hardware wallets manufactured by reputable companies, which we have relied on for several years.

    Bitcoin Hardware Wallets

    Hardware wallet test 2019

    Compared to software or desktop wallets, hardware wallets offer a significant advantage: your private key never interacts with your PC or the internet. This ensures that your hardware wallet is highly protected against phishing attacks and other forms of hacking. Additionally, every transaction must be physically confirmed on your hardware wallet, making theft (almost) impossible.

    You can further enhance the security of your hardware wallet by implementing a PIN code and a password. Moreover, newer hardware wallets offer the option of setting up two-factor authentication. This involves receiving a code via an app, which changes every 30 seconds and must be entered each time you log in to unlock the device.

    With all these security features, hardware wallets stand out as the most secure Bitcoin wallets available. Especially when investing significant amounts in Bitcoin, it’s advisable not to skimp on purchasing a hardware wallet. Considering the value of your Bitcoin holdings, the cost of a hardware wallet is relatively low in our opinion. Below, you can find a summary of the advantages and disadvantages of hardware wallets:

    The advantages of Bitcoin hardware wallets include:
    ✅ The Private Keys are stored offline and do not come into contact with the Internet
    ✅ Highest safety standard
    ✅ Support for more cryptocurrencies than just Bitcoin is often available.
    ✅ Manufacturers of Bitcoin hardware wallets deliver regular updates.
    ✅ Each transaction must be confirmed manually.
    ✅ The user interface is often very simple and intuitive.
    ✅ If you have any questions, you can contact the customer support of the respective manufacturer.
    Bitcoin hardware wallets have these disadvantages:
    ❌ No deposit insurance is provided, unlike some brokers like Coinbase.
    ❌ Storage of the coins is your own responsibility. However, this can also be seen as an advantage!

    We have tested a total of 8 different BTC hardware wallets and will show you which wallet is the safest and has the best features. The following table displays the top three hardware wallets from our comparison test.

    The best 3 Hardware Wallets in 2024
    Hardware WalletInfoTest
    Ledger Nano X kaufen

    ⚡ OUR test champion: The Ledger Nano X
    ✅ Manage 100 cryptocurrencies simultaneously
    ✅ Compatible with more than 1,100 cryptocurrencies
    ✅ Bluetooth connection for mobile wallet
    ✅ New flagship of the market leader
    ⛔ Price: 99,00 € - in the middle range

    		Testbericht lesen

    Read our review
    Ledger Nano S kaufen

    ⚡ Best price/performance ratio: The Ledger Nano S
    ✅ Very good Price: 59,90 €
    ✅ Compatible with more than 1,100 cryptocurrencies
    ✅ Proven quality: more than 1.3 million units already sold
    ⛔ Manage max. 5 cryptocurrencies simultaneously

    		Testbericht Ledger Nano S

    Read our review
    Trezor Model T kaufen

    ⚡ 3rd place: The Trezor Model T
    ✅ Over 1,000 cryptocurrencies supported
    ✅ Proven quality from Trezor
    ✅ Firmware is not installed on the device until you start it
    ⛔ In comparison to the Nano X: less features and functions 
    ⛔ High price: about 180 €

    		Testbericht Trezor Model T

    Read our review

    1.Ledger Nano X Test

    The Ledger Nano X is the successor to the Ledger Nano S, Ledger’s long-standing successful model. Compared to its predecessor, the Nano X boasts several new features that make it our top pick and absolute favorite among hardware wallets. With its Bluetooth functionality, the Nano X can be utilized as a mobile wallet while still maintaining the same level of security. Simply install the Ledger Live App on your smartphone and establish a connection between the hardware wallet and the smartphone. Additionally, the Nano X has the capacity to manage up to 100 cryptocurrencies simultaneously.

    Supported cryptocurrencies
    With the Ledger Nano X, you can manage over 1,100 different cryptocurrencies. There’s scarcely a cryptocurrency among the top 100 by market capitalization that cannot be managed with the Nano X. Thanks to its larger memory compared to the Nano S, the device can accommodate up to 100 apps simultaneously, allowing for the management of up to 100 cryptocurrencies concurrently.
    Operation
    Operating the Ledger Nano X is incredibly simple and intuitive. Similar to the predecessor model, it is operated via two buttons on the upper side. Additionally, you will need the Ledger Live App, which is straightforward to install and use. With the app, you can monitor your account balance in real-time, track the performance of your portfolio, and execute transactions to send and receive cryptocurrencies.
    Transparency & Fees
    Ledger applications are open-source software, making them publicly available. Ledger has chosen this architecture because it believes it’s impossible to achieve the same level of physical security with generic chips.

    The fees associated with a transaction in Bitcoin or Ethereum are transparent or adjustable and correspond to the network fees. Ledger itself does not charge any fees per transaction.

    Security

    Ledger’s security standards are industry-leading. The company has garnered appreciation not only from private investors but also from numerous companies that use and support its products. The French company has established partnerships with Neufund, blockchain.com, and Switcheo. Additionally, Samsung announced a €2.6 million investment in the French company in April 2019.

    Contrary to what some might initially assume, the Bluetooth function is not a security vulnerability. Only non-critical data (not including the private key or recovery seed) is transferred via Bluetooth. Moreover, physical confirmation via keystroke on the Ledger Nano X is always required to authorize transactions.

    2.Ledger Nano S

    The Ledger Nano S, the predecessor of the Nano X, has sold over 1.3 million units worldwide. Despite the introduction of the Nano X, the Nano S remains a viable option. It continues to be one of the most secure hardware wallets available on the market. Moreover, it is available at a very competitive price, typically around 59 euros. This makes it an excellent choice, particularly for beginners who are not managing a large number of cryptocurrencies.

    Supported cryptocurrencies
    Similar to the Ledger Nano X, the Ledger Nano S can manage over 1,100 different cryptocurrencies using the Ledger Live Software. However, due to its smaller memory capacity, only 5 apps can be installed on the device at a time. Therefore, users need to install and uninstall apps as needed to manage more than 5 cryptocurrencies. It’s important to note that data and account balances are not deleted during this process.
    Operation
    The operation of the Ledger Nano S is also straightforward and intuitive, utilizing 2 buttons on the device. Additionally, users need the Ledger Live App, which is compatible with both models. Through the Ledger Live software, users can check their account balance in real-time, monitor the performance of their portfolio, and conduct transactions such as sending and receiving cryptocurrencies.
    Transparency & Fees
    The Ledger Live Software is open-source, meaning its source code is publicly available. However, the operating system of Ledger devices remains undisclosed, with Ledger stating that it may be revealed in the future.

    Transaction fees are transparent, adjustable, and aligned with the network fees of the respective blockchain. Ledger itself does not impose any fees per transaction.

    Security
    Ledger’s security technologies are industry-leading, trusted not only for Ledger hardware wallets but also by companies seeking secure cryptocurrency storage solutions.
    .

    3.Trezor Model T

    The Trezor Model T competes directly with the Nano X and is priced twice as high as its predecessor, the Trezor One. However, it offers a significantly expanded range of features, including a touchscreen and the option to enable 2-factor authentication, enhancing security substantially. Compared to the Trezor One, it represents the premium version of the hardware wallet.

    Supported cryptocurrencies
    The Trezor Model T supports over 1,000 different cryptocurrencies, but not all coins can be sent and received directly using the Trezor Bridge software. Currently, only 51 cryptocurrencies are directly supported, although this number is expected to grow steadily. The remaining cryptocurrencies must be managed using third-party software such as MyEtherWallet. You can find a comprehensive list of all supported coins at the following link.
    Operation
    The Trezor Model T boasts higher quality compared to its predecessor. The buttons provide better grip, and the colored touch display functions perfectly. Additionally, the new Trezor Bridge software offers numerous helpful features.
    Transparency & Fees
    The Trezor software and hardware are largely open source and publicly available on GitHub. Transaction fees are also transparent. Before each transaction, you can determine the transaction fee’s height based on how quickly you want your transaction processed in the network. There are no fees for using the Trezor software; only the network fees of the respective blockchain apply.
    Security
    Besides Ledger, Trezor is the best-known and most popular manufacturer of hardware wallets. There is a good reason for this. Trezor has many years of development experience, which is why Trezor hardware wallets are considered very secure.

    4.Trezor One

    The Trezor One (formerly known simply as TREZOR) is probably the best-known on the market because it was also the first hardware wallet. The wallet was first released in 2014 by SatoshiLabs, a company based in the Czech Republic. SatoshiLabs claims that its hardware wallet is the most trusted and secure way to store your Bitcoins. More than a million Trezor One buyers have already believed in this promise.

    Supported cryptocurrencies
    In total, Trezor One can manage over 1,000 different cryptocurrencies. However, this only works through the use of third-party software, such as Electrum, Bitwala, and MyEtherWallet. You can send and receive the following cryptocurrencies directly with the Trezor software: Bitcoin, Ethereum, Litecoin, Dogecoin, ZCash, DASH, Namecoin, Bitcoin Cash, Ethereum Classic, Bitcoin Gold, Ubiq, NEM, Expanse, and all ERC20 tokens.
    Operation
    The Trezor One is very easy to use, even for beginners, because the user interface is very clear. In addition, the explanations on the user interface support the user in expanding their own knowledge.
    Transparency & Fees
    Most of Trezor’s hardware and software are publicly available on GitHub. The transaction fees are equally transparent. Before making a transaction, you can determine the transaction fee amount, depending on how quickly you want your transaction to be processed on the network. Additionally, there are no additional fees for using the Trezor software.
    Security
    Ledger and Trezor are the most well-known manufacturers of hardware wallets, largely due to their extensive experience in developing such devices. Consequently, the Bitcoin hardware wallets produced by both companies are widely regarded as highly secure.

    5.Opendime Bitcoin Wallet

    The Opendime Bitcoin Wallet is a USB stick designed to facilitate the transfer of large quantities of Bitcoin directly from person to person, without the need to process transactions through the blockchain. Unlike conventional hardware wallets, the owner of the Opendime stick has instant access to all the Bitcoins stored on it. This unique approach makes the Opendime Bitcoin wallet a valuable tool for transferring Bitcoin outside of the traditional blockchain network.

    Supported cryptocurrencies
    As the name implies, the Opendime Bitcoin wallet is specifically designed for sending and receiving Bitcoin (BTC) transactions.
    Operation
    The user interface of the Opendime wallet is straightforward and well-organized. The device’s mini software functions smoothly without errors, and the setup process is straightforward with the assistance of the manual.
    Transparency & Fees
    The Opendime software is freely available on GitHub, providing excellent transparency. The manufacturer clearly explains that the Opendime Bitcoin wallet is designed for transporting BTC beyond the blockchain, rather than serving as a permanent storage solution for Bitcoin. Apart from the network fees, there are no additional costs for using the Opendime wallet.
    Security
    The security level for the Opendime Bitcoin wallet is relatively low. It lacks features such as a PIN, password, or Recovery Seed to recover your account if the stick is lost or stolen. Consequently, it is not advisable to store Bitcoin permanently on the Opendime wallet. Instead, it should only be used as a means of transport.

    6.Digital Bitbox

    The Digital BitBox is an affordable Bitcoin hardware wallet that operates using a micro SD card and offers 2-factor authentication. It is a minimalist Bitcoin hardware wallet that generates a wallet (bip32) through its integrated microcontroller. Additionally, the onboard slot for a micro SD card enables users to create an offline backup for recovery purposes.

    Supported cryptocurrencies
    Currently, the Bitbox 01 supports Bitcoin, Ethereum, Litecoin, and all ERC20 tokens through the use of a third-party app, such as MyEtherWallet.
    Operation
    Operation is simple for basic functions such as “sending” and “receiving” bitcoins. The confirmation via the touch button on the device itself also works very reliably.
    Transparency & Fees
    The Digital Bitbox software is also open source. There are no fees for using the Opendime Bitcoin wallet.
    Security
    Since the Digital Bitbox itself has no display, the transaction must be verified on the screen of your computer or PC. This allows the user to determine whether a transaction has been manipulated or whether another transaction is being verified.

    We’ll summarize the most important information for you:

    Summary
    Bitcoin hardware wallets offer the highest level of protection for your bitcoins, effectively safeguarding your Private Key from hacker and phishing attacks. Currently, there is no stronger protection available on the market for securing your cryptocurrencies. Remember that investing in a hardware wallet is a wise decision, as it ensures that your money is well protected. Therefore, consider purchasing a hardware wallet without hesitation.

    Bitcoin Desktop Wallets Review

    Desktop wallets are programs that are installed on your computer. Desktop wallets differ in two ways: Multi-Coin-Wallets, which can manage many different cryptocurrencies, and specific wallets, which can send and receive only one cryptocurrency (here: Bitcoin). Specific wallets usually require a complete download of the blockchain data in order to function. An example of this is the Bitcoin Core wallet.

    Desktop wallets are from our point of view the top recommendation if you are looking for a free wallet for Bitcoin. To help you keep track, we present the best Bitcoin Desktop wallets in 2019 on the market. For our favorite – the Electrum wallet – we will also show you a guide in which we explain all the functions of the wallet in detail. But first we compare the advantages and disadvantages of Bitcoin Desktop wallets:

    The advantages of Bitcoin Desktop Wallets:
    ✅ The Private Key can be downloaded and managed by yourself
    ✅ The basic version can be used free of charge.
    ✅ The operators of Bitcoin Desktop wallets deliver regular updates
    ✅ Each transaction must be confirmed manually.
    ✅ High safety standards
    Bitcoin hardware wallets have these disadvantages:
    ❌ Lower security standard than hardware wallets
    ❌ Vulnerable to phishing and hacker attacks
    ❌ For some providers, it is necessary to check exactly who programmed the wallet to protect themselves from SCAMS.

    Below you will find our top recommendations for your Bitcoin Desktop Wallet:

    1. Electrum
    2. Guarda
    3. Atomic Wallet
    4. Jaxx Liberty
    5. Bitcoin Core
    6. Coinomi
    7. Armory

    1.Bitcoin Desktop wallet winner: Electrum Wallet

    Electrum Desktop Wallet

    Our Bitcoin Desktop wallet test winner is the Electrum wallet. The wallet was launched on the market in 2013 and has been continuously improved since then. It provides 2-factor authentication that greatly increases the security of your wallet. The Electrum BTC wallet has proven itself over the years. There are still no documented hacks where Bitcoin could be stolen.

    For some users it is important that the Electrum wallet can be used with “Tor”. The IP address of the user is hidden by external servers. The Electrum wallet thus creates an additional level of privacy that many other desktop wallets do not offer. We are completely satisfied with the safety, functionality and user interface and can therefore warmly recommend the wallet. In our opinion, the Electrum Desktop wallet is an excellent Bitcoin storage solution for users looking for a combination of convenience and security.

    Learn in our Electrum wallet test (click here!) how to set up and use the wallet correctly. You can also download the software from the official website. Click on the following link where you can download the wallet’s software directly.

    Supported cryptocurrencies
    The Electrum-Wallet only supports the administration of Bitcoin! Unlike many other wallet manufacturers, Electrum has stuck to its roots. It focuses exclusively on Bitcoin to offer a highly secure Bitcoin wallet.
    Operation
    The Electrum wallet is very simple and easy to use. A particular advantage of the wallet is that it enables the use of hardware wallets. This means that you can connect and use your Electrum wallet with the Ledger and Trezor hardware wallets for example.

    Unfortunately, the Electrum wallet can only be used for storage and not for trading Bitcoin. Users cannot buy, sell or trade Bitcoin through the wallet.

    Transparency & Fees
    The Electrum Bitcoin wallet is free! The Open-Source-Wallet is published under the MIT-License.
    Security
    The Electrum wallet has an excellent reputation in the industry as the security and privacy of users is taken very seriously. Both are very important aspects of the Electrum wallet, on which the developers have given high priority.

    The users remain completely anonymous. No personal data is required to download the Electrum wallet. The Private Keys will only be stored on the user’s computer or mobile device and will not be made available to Electrum or any other third party. The Electrum wallet can also be operated with the TOR Browser. This will obscure your IP address and effectively increase security.

    2.Bitcoin Guarda Desktop- and mobile Wallet

    Guarda Bitcoin Desktop and mobile Wallet

    The Guarda Wallet is also a multi-join wallet that supports more than 50 cryptocurrencies in addition to Bitcoin. The Guarda Wallet is available as a desktop or mobile version and as a browser extension. Depending on your device and security, you can choose the wallet that suits you best. The Bitcoin desktop and mobile wallet offer you the greatest security.

    Your private keys are stored on your PC or smartphone, so only you have access to them. Setting up your account for the first time and installing it is child’s play, so the wallet is perfect for beginners. The wallet interface is clearly laid out and intuitive, so even newcomers will find it easy to use.

    You can download the wallet on the official website.

    Supported cryptocurrencies
    The wallet supports more than 50 different cryptocurrencies. These include prominent coins such as Bitcoin, Ethereum, Litecoin, Monero and many more..
    Operation
    The download is free and the wallet is set up quickly and easily. The wallet interface is clear and intuitive, so that even beginners can use the wallet..
    Transparency & Fees
    The download as well as the use is completely free of charge. There are no further fees. Only the normal network fees of the Bitcoin Blockchain apply for sending transactions.
    Security
    The wallet offers a very good protection. Your private keys are stored on your computer or smartphone. It is not yet possible to set up 2-factor authentication, so be sure to use an up-to-date virus program.

    3.Atomic wallet review

    Atomic Wallet

    The Atomic wallet is a Bitcoin desktop wallet that places great emphasis on security, anonymity and decentralization. The private keys and transaction data are only stored on your own device. The wallet is relatively popular and was only founded in 2017 by Konstantin Gladych, CEO and co-founder of the popular Changelly.com crypto exchange platform.

    The wallet gets its name from the central feature of Atomic Swaps, which allows cryptocurrencies to be exchanged within the wallet peer-to-peer without the need for an exchange (which charges extra for the trade). For coins that do not yet support Atomic swaps, there is the option to use the built-in services of Changelly or ShapeShift to perform trades.

    We personally have had very good experiences with the Atomic wallet over the past two years, which can manage over 300 additional cryptocurrencies in addition to Bitcoin. The wallet is available as desktop version for Windows, Mac, Ubuntu, Debian and Fedora. There is also a mobile version for iOS and Android in the respective App Store.

    From our point of view, the Atomic wallet is particularly suitable for beginners who are looking for a wallet with which several cryptocurrencies can be managed. Therefore it is also our Top 2 recommendation. You can download the wallet under this link.

    Supported cryptocurrencies
    Currently, the Atomic wallet supports over 300 cryptocurrencies, including the most popular cryptocurrencies and all ERC-20 tokens.
    Operation
    The operation and installation is very simple and intuitive even for absolute beginners.
    Transparency & Fees
    The Atomic wallet is a community-based product that uses open source libraries, block explorers and other important elements. However, in order to ensure the security of the wallet, some of the developments will be kept secret.

    There are no fees when using the Atomic wallet, except of course the network fees within the blockchain. However, the Atomic wallet offers some additional services where fees apply. For example, in-wallet peer-to-peer transactions are subject to different fees (network fees). However, the fees for Atomic swaps are minimal and are carried out at normal market conditions.

    Security
    The Atomic wallet offers high security. As a decentralized solution, the wallet does not request any personal data from its users. In addition, all data is transmitted in encrypted form. Furthermore, the Atomic wallet gives its users full control over the Private Key. In addition, each user can create a backup phrase to restore the wallet.

    4.Jaxx Bitcoin Desktop wallet test

    Jaxx Liberty Wallet

    The Jaxx Liberty wallet is one of the best multi-join desktop wallets on the market. The operation is very simple and the wallet supports more than 80 different cryptocurrencies (besides Bitcoin). You can also use the wallet via your mobile phone or web browser. It is available for both Android, iOS and Google Chrome. There are also desktop versions for Mac and Windows that are very easy and quick to download and use.

    One reason for the popularity of the wallet is that it is developed by the company of Anthony Di Iorio, a co-founder of Ethereum. There are, however, several other reasons why the wallet enjoys a good reputation in the crypto industry.

    The safety of the Jaxx Liberty wallet is very good. Furthermore, the developers do not have access to your “private keys”. Only you have access to your private key. In addition, the Jaxx wallet offers a quick and easy way to create a backup. The support team, which is available around the clock, is also particularly praiseworthy.

    This link will take you to the official website where you can download the Jaxx Liberty wallet.

    Supported cryptocurrencies
    More than 80 cryptocurrencies: Bitcoin, Ethereum, BCH, Litecoin, Dash, ETC, Zcash, Dogecoin, RBTC, DigiByte, GRS, Binance Coin, Huobi, Fuel, OmiseGo Flixxo, Insureum, MCO, NEO, FirstBlood, Augur, Bitcore, Golem, Status, DigixDAO, Dentacoin, Bancor, Monaco, TenX, WAX, Iconomi, Civic, Polymath, Santiment, Gnosis, Aragon, Link, DomRaider, Loom, Enjin Coin, Bankex, BOXX, Tokencard, iExec, RLC, Maecenas, Matchpoo,l Melonport, Metronome, Mithril, Aion, MobileGO, Ox, Edgeless, Po.et, SONM, Wings, Shivom, Helbiz, Presearch, Bitclave, Creditbit, Paypie, MCI, Brickblock, Blockmason, RCN, SWT, Ucash, Unikoin, Cofoundit, LIF, DPP, Basic Attention, Scanetchain, Sense, SHIP, Storj, Stox Viberate, Worldcore, Zap, Storm
    Operation
    The installation and operation is very easy even for beginners! The user interface also offers some nice features, like current news, market data and a multi-chain block explorer.
    Transparency & Fees
    There are no separate transaction fees for the Jaxx Liberty wallet. No other fees are charged for the use of the wallet.
    Security
    The security of the Jaxx Liberty wallet is very good. Neither the developers, nor a third party has access to your “Private Keys”. In fact, these are not stored on the wallet, but on the device you are using for access. Users of the wallet can also create a backup phrase. If the PC or Smartphone is broken or lost, the Jaxx wallet can be restored via this backup.

    5.Bitcoin Core Desktop wallet test

    The Bitcoin Core wallet should not be missing in any list. It was the very first Bitcoin wallet on the market and the only way for Bitcoin investors of the first hour to manage, send and receive Bitcoins. It is a collaborative project that was created under the MIT license and is therefore usable for everyone. The complete source code is open source and can therefore be checked and viewed by anyone.

    This desktop wallet downloads the complete Bitcoin blockchain and connects as a full node to the Bitcoin network, taking up a lot of space on your hard drive. You should have at least 200 GB free for everything to work properly. If required, you can also provide your own bandwidth for the network to support the Bitcoin network.

    Ultimately, the Bitcoin Core wallet is definitely not suitable for beginners, as the high memory requirements and the constantly running synchronization represent a major hurdle. Users who want to operate a full node are very well served with the Bitcoin Core wallet. Nevertheless, it can have its charm to use the “original” Bitcoin wallet. In addition, it also offers an outstanding safety standard.

    The wallet is available for: Windows, Mac OS X, Linux, ARM Linux and Linux Snap Store. Click here to download the wallet.

    Supported cryptocurrencies
    Logically only Bitcoin is supported!
    Operation
    The high memory requirements and the synchronization make the use of the Bitcoin Core wallet difficult. Beginners and everyday users should therefore rather choose other desktop wallets.
    Transparency & Fees
    The BTC Core wallet was created under the MIT license. In addition, the complete source code is open source and can therefore be checked by anyone. Apart from the usual BTC network fees there are no further costs.
    Security
    The security standard of the Bitcoin Core wallet is very high, because it is the reference implementation, where you will rather find few bugs in the software code. In addition to Bitcoin updates, updates for the wallet are also published regularly and simultaneously, so that users are protected by the best standard.

    6.Coinomi Desktop wallet review

    The Coinomi wallet is a Multi-Coin-Wallet that offers, besides Bitcoin, more than 275 cryptocurrencies for administration! The wallet was launched in 2014 and is the oldest multi-join wallet with millions of active users.

    In addition to the large number of coins, the Coinomi Bitcoin wallet scores particularly well in the area of privacy. Most people who own cryptocurrency attach great importance to their privacy. This is where Coinomi has his strength. The wallet does not collect any personal data and encrypts the IP address of its users.

    The wallet can be run on your desktop as well as on your smartphone. The wallet does not currently offer 2-factor authentication, but the developers of the wallet are considering implementing this feature.

    The wallet is also connected to the Coinomi exchange, so users can trade cryptocurrencies directly from the wallet. This feature works in practice very simply and reliably and can save the detour via an exchange, such as Coinmerce or Coinbase.

    You can download the wallet on the official website (click!).

    Supported crypt currencies
    Bitcoin and 275 different cryptocurrencies.
    Operation
    The user interface is very clear and intuitive. This makes the wallet ideal for beginners.
    Transparency & Fees
    Open source software is seen by many users as an important feature of transparency. Coinomi was part of the open source software movement. However, Coinmomi postponed her project as a closed source in 2018. This doesn’t mean their code is malicious. However, a certain amount of transparency has been lost as a result. It is also important to know that Coinomi does not charge any extra fees. The wallet is free of charge.
    Security
    The main reason for the popularity of the Coinomi Bitcoin wallet is the privacy, which is very high by default. Coinomi does not collect any personal data and encrypts the IP addresses of its users. In addition, Private Keys are stored on the user’s device (PC or Smartphone) so that no third party has access.

    In addition, the Coinomi Bitcoin wallet provides the ability to create a recovery seed during setup, which can be used to reinstall the wallet on another device if the user’s device breaks down.

    Important note: The Coinomi wallet was never hacked before 27 February 2019. On this day a critical bug was discovered for the Coinomi Desktop wallet. However, this bug was fixed very quickly by the Coinomi team. Further details can be found here.

    7.Armory Bitcoin Desktop Wallet

    Armory Bitcoin Desktop Wallet

    The Armory Bitcoin wallet was launched in 2015 and is one of the best Bitcoin wallets for the desktop PC. It is based on an open-source Python code that can be controlled by any person. This is one of the reasons why it is considered to be one of the safest Bitcoin wallets. However, there’s one little catch you should know: The original developers of the wallet have left the project. Nevertheless, it is continuously being further developed!

    The wallet is aimed at advanced users who place great emphasis on security and advanced features, such as a variety of encryption and cold storage options (including Multisig). It is important to know that the wallet was developed exclusively as a storage solution. An outstanding feature of the Amory Bitcoin wallet is the possibility to use it as a cold wallet. This means that the Bitcoins can be stored very safely. For larger customers, the wallet provider even offers a consulting service in which experts provide advice and assistance.

    The Armory wallet is also available for all common operating systems. That includes: Windows, Linux, Ubuntu and also Mac. The use of the wallet is completely free of charge and possible without further registrations. You can download the wallet here and install it.

    Supported cryptocurrencies
    Only Bitcoin (BTC) is supported.
    Operation
    From the user’s point of view, the Amory Bitcoin wallet is intended for more advanced users, since technical skills are required for proper setup and operation.
    Transparency & Fees
    The Armory Bitcoin wallet is an open source, Python-based wallet application that does not charge any additional fees for use.
    Security
    The Bitcoin Armory wallet offers a very high security for your Bitcoins. With the wallet, users have full control over sending and receiving, a really strong security and a paper backup capability, which allows the wallet to be installed and synchronized very quickly and easily on a new computer. In addition, the Cold Storage Option offers strong protection (for desktop wallets).

    In the following box, we have briefly summarized the most important things about Bitcoin Desktop Wallets:

    Summary
    Bitcoin Desktop wallets offer good protection. However, due to their connection to the Internet, they are at risk of hacking and phishing attacks. Desktop wallets therefore have significantly less security than hardware wallets.

    For beginners, however, a Bitcoin Desktop wallet can be a good free way to keep Bitcoins in a safe place. Most wallets are free of charge and well documented, including detailed instruction manuals. If you are investing large amounts of capital in Bitcoins, you should consider buying a hardware wallet.

    Bitcoin Online wallets review

    Bitcoin Online wallets are usually operated by cryptocurrency exchanges. This offers the great advantage that they are very easy to use. Moreover, you can trade very easily and quickly, as the wallets are connected to the exchanges. The resulting disadvantage, however, is that cryptocurrency exchanges are very popular targets for hacker attacks. However, there are also web wallets that are not operated by cryptocurrency exchanges.

    Compared to hardware wallets and desktop wallets, online wallets offer a lower security standard. Nevertheless, they also have advantages, as the following overview shows.

    The advantages of Bitcoin Online wallets are:
    ✅ you can access your wallet from anywhere in the world where there is an Internet connection
    ✅ Exchange wallets enable trading out of the wallet. No further transaction (to an exchange) is required.
    ✅ You can define limits for maximum payouts per transaction.
    ✅ The user interface is often very simple and intuitive.
    ✅ Often very good customer support

    This has the following disadvantages:
    ❌ Lower security standard as hardware and desktop wallets
    ❌ The Management of the Private Keys is transferred to a third party (an exchange)
    ❌ Greater likelihood of hacker or phishing attacks
    ❌ Some web wallet vendors have turned out to be SCAM in the past.

    1.Our test winner: The Binance Web Wallet

    Binance

    Binance, one of the largest exchanges in the world, offers a wallet service in addition to the pure trading of cryptocurrencies. More than 100 different cryptocurrencies can be traded and stored on the exchange. Binance is regarded as one of the world’s safest exchanges, which has been the victim of only one hack to date. A total of 7,000 BTC were stolen in May 2019. However, Binance took responsibility for the hack and did not pass the loss on to its customers, but compensated for it itself.

    However, our recommendation is that you only use the platform for trading cryptocurrencies. If you want to store your Bitcoin for a long time, you should send the BTC to an external wallet. Nevertheless, in our opinion, Binance offers the best possible protection in this category. If Binance is responsible for a loss, you can expect compensation from the exchange. Still, you shouldn’t rely on it. You can register an account on Binance by clicking on this link*.

    Supported cryptocurrencies
    Over 150 crypt currencies. All cryptocurrencies can be traded at Binance and stored in the Web wallet.
    Operation
    The operation of the cryptocurrency exchange and the associated wallets can be somewhat complicated and confusing for beginners. In our Binance review, we explain in detail how you can use the platform.
    Transparency & Fees
    Use of the Binance wallets is free of charge. Trading fees are charged, as you can read in our Binance review.
    Security
    Binance is considered to be one of the safest exchanges in the world, which until today has only once been the victim of a hack and has not passed the loss on to its customers. However, you should only keep your Bitcoins on the exchange as long as you are actively trading.

    2.BTC.com hot wallet

    The BTC.com wallet is developed by Bitmain, the leading manufacturer of Bitcoin Mining Rigs (Antminer), and is a solution that combines security and ease of use. The BTC.com wallet is available online via the BTC.com website and for the smartphone via Android and iOS version. It offers good basic protection and privacy.

    Unlike other online wallets, BTC.com never has access to the private keys. In addition, 2-factor authentication can be activated, thus increasing security. Another practical feature of the wallet is that it makes dynamic fee suggestions. This feature can be especially useful for beginners.

    You can download the wallet from the official website. Click on this link.

    Supported cryptocurrencies
    The BTC.com wallet supports both Bitcoin and Bitcoin Cash.
    Operation
    The BTC.com wallet is quickly installed and offers an easy to use user interface. It is therefore particularly recommended for beginners.
    Transparency & Fees
    There are no separate fees for the use of the wallet. Another advantage of the wallet is that the software is an open source project whose code can be viewed on GitHub.
    Security
    Since the wallet is offered by a centralized service, the user has to trust a third party (despite having sole control over the private key). However, the community around the wallet gives positive feedback, so the wallet can be a good and easy way to store your bitcoins.

    3.BitGo Web Wallet

    BitGo Bitcoin Desktop Wallet

    BitGo is a Bitcoin online wallet that stands out from other wallets due to various features. The wallet is designed to help companies that regularly use Bitcoins and send many transactions. The wallet offers the possibility to use multiple signatures. The multisignature feature allows multiple users to use one account. On the other hand, it offers additional security features that are very useful for businesses. This allows different users to access a single account if they have been granted permission to do so. You can also define payout limits.

    The BitGo wallet is particularly suitable for companies and a very practical solution for jointly managing Bitcoin in one company. There are better alternatives for private investors! The official website of BitGo can be reached via this link.

    Supported cryptocurrencies
    The BitGo Web wallet is a wallet which is exclusively specialized in the administration of Bitcoin.
    Operation
    The user interface of BitGo is relatively simple. But it is very easy and intuitive to use.
    Transparency & Fees
    BitGo was originally developed as a centralized platform. This means that both the user and the company behind BitGo have access to the private key. However, this has partly changed.

    Since the addition of a mobile Android and iOS version, users can gain full control over their private keys and funds. With the online version, users have the ability to export their private key to another wallet solution to ensure sole access.

    Security
    The security aspect is very important for BitGo. The BitGo wallet is very well secured with multi-level security options for companies, such as multi-signature, authentication rights and different access levels! BitGo also supports 2-factor authentication.

    4.eToro Desktop wallet test

    eToro wallet and Exchange

    Our second choice is eToro, which, however, only appeals to residents outside of the US and UK (as of 01/2021). eToro is one of the largest CFD providers in the world and offers various cryptocurrencies in “physical form” as well as CFD (outside of the two aforementioned regions). Due to its high security standards and reputation, eToro can be a good option for custody in our view.

    For more information, you can read our eToro review. If you want to sign up for the wallet, you can use this link (click here*) to create an account with eToro.

    **68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

    Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

    Supported cryptocurrencies
    15 cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Dash (DASH), Litecoin (LTC), Ethereum Classic (ETC), Cardano (ADA), Cardano (MIOTA), MIOTA (IOTA), Stellar Lumens (XLM), EOS (EOS), NEO (NEO), Tron (TRX), ZCash (ZEC), Binance Coin (BNB)
    Operation
    eToro offers a very clear and intuitive trading platform for beginners as well as advanced traders.
    Transparency & Fees
    As described above, eToro charges fees. You can read in detail in our eToro test report when they occur and how high they are.

    5.Litebit Online Wallet

    Litebit

    The Bitcoin Broker Litebit offers a Bitcoin wallet in addition to the purchase and sale of BTC and other Altcoins. This corresponds to the definition of a web wallet, since Litebit takes care of the storage of your Bitcoins. For the account (and thus the wallet) Litebit offers the possibility of a 2-factor authentication in order to protect the account in the best possible way. In contrast to Binance, Litebit does not offer a web wallet for every cryptocurrency that can be purchased from the broker. Litebit currently has web wallets for Bitcoin and 30 other Altcoins.

    Storing Bitcoin on Litebit is an easy way. However, we recommend that you rather use a free desktop wallet or buy a hardware wallet. If you want to create a Bitcoin wallet on Litebit, just click on this link*. You will be taken directly to the home page where you can register.

    Supported cryptocurrencies
    Over 30 cryptocurrencies including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Cardano, DASH, Dogecoin and many more.
    Operation
    In the past years we had very good experiences with Litebit, because it offers a very easy to use user interface, which is understandable even for beginners. On the other hand, Litebit is also suitable for experienced investors. Apart from that, we recommend using a desktop or hardware wallet for BTC.
    Transparency & Fees
    There are no fees for using the Litebit Web Wallet!
    Security
    Even if we don’t know a hack and the majority of Litebit’s customer money is kept in cold wallets, we recommend you use a desktop wallet or a hardware wallet.

    6.Coinmerce hot wallet

    Coinmerce

    Like Litebit, Coinmerce is a Bitcoin broker from the Netherlands, which enables the direct purchase and sale of cryptocurrencies per euro. In addition to trading, Coinmerce offers its users the option of storing Bitcoin and other cryptocurrencies on the exchange.

    In this case, the exchange takes over the task of taking care of your private key. Again, Coinmerce has never been hacked, but there is a potential for hacking. If you want to buy and sell cryptocurrencies, you can definitely try Coinmerce. Coinmerce has a platform’s own stable coin, the Coinmerce Coin, which can be used effectively to secure profits or cash out quickly and easily. If you click on this link*, you will be taken to the official website of the exchange where you can create an account.

    Supported cryptocurrencies
    Over 100 cryptocurrencies are offered for sale by Coinmerce. There’s a hot wallet for every coin.
    Operation
    The motto of Coinmerce is “Cryptocurrencies for all”. According to the motto, the operation is very simple. On the positive side, Coinmerce also offers a mobile hot wallet that has the same functions as the desktop version.
    Transparency & Fees
    There are no fees for the use of the Coinmerce hot wallets! However, a fee (beyond the network fee) is charged if the coins are transferred from the broker to an external wallet. The fee is often very low and depends on the respective cryptocurrency.
    Security
    We are not aware of any hack. In addition, the majority of Coinmerce’s customers’ money is stored in cold wallets. However, as with all web wallets, we recommend using a desktop or hardware wallet.

    We summarize for you the most important things about Online / Web Wallets:

    Summary
    Bitcoin Online/Web wallets provide basic protection for your Bitcoins. The operation is often simple and free of charge, as well as well documented. Many wallets can be secured by 2-factor authentication.

    However, they often have a big disadvantage: You are usually (an exception is the wallet of BTC.com) not in possession of the private key. You give this responsibility to the developers or the platform of the wallet. In addition, web wallets are particularly vulnerable to phishing attacks, since a browser must be used to access them. Therefore, always make sure that you have an up-to-date anti-virus program installed.

    Mobile Bitcoin Wallets

    Mobile Bitcoin wallets can be used directly on your mobile phone, so you have direct access to your Bitcoins from anywhere in the world. However, just like your PC or laptop, the mobile phone is another possible point of attack that hackers could exploit. You are only effectively protected against hacker or phishing attacks with a hardware wallet. Nevertheless, we present 5 different mobile Bitcoin Wallets that have proven themselves in practice. Below we have summarized an overview of the advantages and disadvantages of a mobile wallet:

    The advantages of mobile Bitcoin wallets are:
    ✅ You can access your wallet from anywhere, as long as you have an internet connection.
    ✅ More cryptocurrencies than just Bitcoin are often supported.
    ✅ The user interface is often very simple and intuitive.
    ✅ If you have any questions, you can contact customer support.

    The disadvantages are as follows:
    ❌ Less secure than a hardware wallet
    ❌ No deposit protection, as offered e.g. by the eToro Wallet
    ❌ Vulnerable to hacker or phishing attacks

    1.Electrum Mobile wallet – again test winner

    Electrum Desktop Wallet

    The Electrum wallet was already our test winner in the Desktop wallet category. The mobile Bitcoin wallet is focused on speed and simplicity. When using it, your phone needs little resources because it uses remote servers that can handle the workload. You can restore your account using a secret phrase if your phone breaks down or other events occur. You can also protect your account with 2-factor authentication.

    You also have full control over transaction fees. The wallet suggests the transaction fees according to the current load on the Bitcoin blockchain so that the transaction is executed promptly. This function can prevent beginners in particular from paying excessive transaction fees.

    You can download the wallet for Android here.

    Supported cryptocurrencies
    The Electrum-Wallet only supports the administration of Bitcoin! Unlike many other wallet manufacturers, Electrum has stuck to its roots. It focuses exclusively on Bitcoin to offer a highly secure Bitcoin wallet.
    Operation
    The Electrum wallet is very simple and easy to use, which is probably why it is so well established. A special advantage of the wallet for Bitcoin is that it enables the integration of hardware wallets. You can use the Electrum mobile wallet with both Ledger and Trezor hardware wallets.

    Unfortunately, the Electrum wallet can only be used for storage and not for trading Bitcoin. Users cannot buy, sell or trade Bitcoin through the wallet.

    Transparency & Fees
    The Electrum Bitcoin wallet is free! The Open Source wallet is released under the MIT license.
    Security
    The Electrum wallet has an excellent reputation in the cryptocurrency industry because the security and privacy of the users are taken very seriously. Both are very important aspects of the Electrum wallet, to which the developers attached great importance.

    The users remain completely anonymous. No personal data is required to download the Electrum wallet. The Private Keys are stored exclusively on the user’s mobile device. The Electrum wallet can also be used with TOR, providing an additional level of privacy.

    2.Atomic Wallet

    Atomic Wallet

    As with desktop wallets, the Atomic wallet takes second place in mobile wallets, as it places great emphasis on security, anonymity and decentralization. Everything we have written for the desktop version also applies to the mobile version of the wallet.The private keys and transaction data are only stored on your device. In addition, the wallet can be used to perform Atomic swaps, allowing cryptocurrencies within the wallet to be exchanged peer-to-peer for a small fee.

    From our point of view, the Atomic wallet, whether in the desktop or mobile version, is particularly suitable for beginners who want to manage several different cryptocurrencies with one wallet. Therefore it is also our Top 2 recommendation. You can download the wallet under this link.

    Supported cryptocurrencies
    Currently, the Atomic wallet supports over 300 cryptocurrencies, including the most popular cryptocurrencies and all ERC-20 tokens.
    Operation
    The operation and installation is very simple and intuitive even for absolute beginners.
    Transparency & Fees
    The Atomic wallet is a community-based product that uses open source libraries, block explorers and other important elements. However, in order to ensure the security of the wallet, some of the developments will be kept secret.

    There are no fees for the use of the wallet. However, the Atomic wallet offers some additional services where fees apply. For example, in-wallet peer-to-peer transactions are subject to different fees (network fees). However, the fees for the Atomic swaps are minimal and are carried out at normal market conditions.

    Security
    The Atomic wallet offers high security. The wallet does not request any personal data from its users. In addition, all data is transmitted in encrypted form. Furthermore, the Atomic wallet gives its users full control over your Private Key, as it does not store it on its servers, but only on its own device. In addition, each user can create a backup phrase to restore the wallet.

    3.Bither mobile Bitcoin wallet review

    The Bither mobile wallet is a simple but safe Bitcoin wallet. The wallet can be adapted to the personal needs, so that the range of functions depends on the use. The wallet offers a cold and hot wallet function to manage and track Bitcoin online and offline. The cold wallet runs in offline mode, so no internet connection is required. The Private Keys are securely stored on your device and protected by a password.

    The wallet also has a backup and restore function. Using the hot wallet function you can connect it to the Bitcoin network and check your balance as well as send and receive Bitcoins. The private keys used for transactions can be imported using the QR code.

    Furthermore, the wallet offers the possibility to use multi-signatures. This means that several people can manage the wallet and send and sign transactions. The wallet is available for both your smartphone and desktop, so you can use it across devices. You can download the wallet from the official website (click here!).

    Supported cryptocurrencies
    Bither is a wallet specialized on Bitcoin, which only supports the administration of BTC.
    Operation
    The wallet is very clear and easy to use. There are also various charts showing Bitcoin’s prices on the major exchanges and your portfolio based on your different addresses.
    Transparency & Fees
    Bither is an open source bitcoin wallet. For transactions there are no additional costs apart from the network fees.
    Security
    The security of Bither can be classified as average in comparison. You have sole control over your private key. A negative aspect is that there is no 2-factor authentication and no password login before using the wallet. Also, there are no functions to increase privacy.

    4.BitPay Wallet

    BitPay offers both a desktop and a mobile Bitcoin wallet. The wallet was developed by the payment service provider BitPay to protect the credit balances of its users. Thus, a serious and established company as a provider stands behind the wallet.

    BitPay is one of the largest Bitcoin payment companies in the world. This is also the main purpose of the wallet, which is to be understood as an additional service from BitPay to the other services. The BitPay wallet offers a prepaid card with which the company’s vouchers can be purchased. Practically, you can load your credit from the BitPay wallet onto the BitPay prepaid card to pay anywhere VISA credit cards are accepted.

    In addition, it is possible to use multi-signatures. Thus the wallet can be used by several persons. In addition, payout limits can be defined. In addition, the wallet can be secured by 2-factor authentication. Exceptionally, a BWS node can be used to significantly increase security and privacy.

    You can download the wallet on this website (click!).

    Supported cryptocurrencies
    Only Bitcoin and Bitcoin Cash are available.
    Operation
    The user interface is very clear and intuitive, so that the wallet is also suitable for beginners.
    Transparency & Fees
    The BitPay wallet does not charge any fees. Use is free of charge.
    Security
    Since BitPay is an established company, the security of the wallet can be classified as very good.

    5.Edge Wallet

    Edge

    The Bitcoin Edge Handy wallet offers the possibility to manage numerous other assets in addition to Bitcoin and Ethereum. Furthermore, Fiat currencies can be transferred to the wallet (EUR, USD) and Bitcoin can be purchased directly. The wallet is available for both Android and iOS. In addition to the ability to enable 2-factor authentication, your account can be protected with a PIN or Touch ID. The wallet can also be used with several end devices.

    You can download the wallet on the official website of the provider (click!).

    Supported cryptocurrencies
    Bitcoin, Ethereum, Litecoin, Monero, Ripple/XRP, Bitcoin Cash, Dash, Augur, Wings, Indorse, Zcoin, Feathercoin, DigiByte, Vertcoin, Bitcoin Gold, DAI, Stellar, Smartcash, Groestlcoin, Bitcoin SV, EOS.
    Operation
    One of the main focuses during the development of the Edge wallet was the easy handling. This has been very successful.
    Transparency & Fees
    The Edge wallet is completely private. No personal or transactional information is transferred to the Company’s servers. The users are completely anonymous. In addition, the Edge wallet is fully open source and has been tested by leading security experts such as the Open Bitcoin Privacy Project.
    Security
    The Edge wallet uses a special security model. Instead of giving users the usual seed phrase, users choose a username and password. Alternatively you can also activate the use of a seed.

    We summarize the most important things for you:

    Summary
    Mobile Bitcoin wallets provide good protection, although mobile phones are not 100% protected against malware attacks. The big advantage of mobile wallets is that you always have access to your wallet when you carry your mobile phone with you.

    Many mobile wallets offer the possibility of storing additional digital assets. Furthermore, almost all wallets offer the possibility to additionally protect your account with 2-factor authentication. Mobile wallets are a good way for beginners to store Bitcoins safely.

    Bitcoin Offline wallets / Bitcoin Paper Wallets

    Bitcoin Paper wallets are considered particularly secure in the Bitcoin community because the password, address and recovery seed are stored offline on a piece of paper. However, it should be noted that a web wallet such as Blockchain.info must be used to view the account balance as well as to send transactions.

    There are different possibilities to use a Paper wallet in practice. You can get even better protection by combining the Paper wallet with the use of a hardware wallet. This means that all important login information is displayed on the sheet of paper and there is no further digital copy of it.

    Bitcoin offline wallets are especially useful if you will not be accessing your account for a long time. You can store your Bitcoin wallet paper in a safe place, e.g. a safe deposit box or a safe. When creating paper wallets, it is important that your PC and printer are free of viruses and malware. Although it is quite rare, this can be a possible weak point of the Bitcoin Paper wallet. Newcomers in particular should inform themselves in advance about the respective opportunities and risks.

    The advantages of Bitcoin Paper wallets are:
    ✅ You can access your wallet from anywhere, as long as you have an internet connection
    ✅ Easy and safe to create
    ✅ Each transaction must be confirmed manually.
    ✅ Also suitable for beginners
    The disadvantages are as follows:
    ❌ No deposit insurance, as offered by some Bitcoin exchanges such as eToro
    ❌ Storage of coins is your own responsibility, this can also be an advantage, depending on what you prefer
    ❌ Not 100% safe from hacker or phishing attacks

    If you use Bitcoin Paper wallets, you should note the following:

    Summary
    Bitcoin Paper or offline wallets are a good and secure way to store your Bitcoins for a long time. Make sure that your PC is free of Trojans and other harmful programs. Bitcoin offline wallets can be especially interesting for beginners to familiarize themselves with the matter of Bitcoin and the blockchain.

    Further important information

    With all our recommendations, always note that you do your own research and inform yourself independently. There are countless Bitcoin wallet suppliers on the market offering different products at low and high prices. The best way to protect your Bitcoins is to use hardware wallets. Currently there is no better way to keep your cryptocurrencies safe than on a Ledger Nano X or Trezor Model T.

    If you are a beginner and prefer a wallet that offers deposit protection, eToro may be the right choice for you. eToro offers up to €20,000 per customer protection. In the event of a hacker attack, your deposits are protected against the insolvency of the stock exchange. Click on this link to create an account with eToro*.

    If you have any questions or suggestions regarding our Bitcoin wallet review, please feel free to leave us a comment. We’ll be glad to help you!

    Please rate our Bitcoin wallet review:

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    This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

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