Let’s face it – a lot of people don’t know what’s the best place to buy Bitcoin or other cryptocurrencies via an exchange. If you prefer to spend your cryptocurrency right away, you can do it directly from the exchange. However, if you prefer to hang on to your digital assets, you will certainly need a secure wallet to which you can transfer your virtual coins.
Today, we are listing five of the best crypto wallets in 2018.
1.Bitcoin Core
First on the list is Bitcoin Core is the original BTC client which is available for all operating systems. As soon as you download it (around 160GB), you can connect it to other nodes and let you download and process data about Bitcoin transactions. The main advantage of this wallet is that linking a specific BTC payment address to your identity is much more difficult – which protects you against certain types of fraud.
- Electrum
This is one of the most popular ‘thin’ wallet client which is lightweight and easy to set up. Another good thing is that you can recover your BTC using a wallet seed and instead of downloading the entire Bitcoin blockchain, you can connect securely to other servers and verify your BTC balance and process payments. This is practically the only downside of this wallet.
- Jaxx
Jaxx allows you to store multiple cryptocurrencies in a user-friendly interface. Developed in 2014, it serves not only as a Bitcoin wallet but an app that can store multiple cryptocurrencies including Litecoin, Dash, Ethereum and Bitcoin Cash. The only crypto that is not supported is Ripple, but the Jaxx team has hinted that they may support it in the future.
All of these clients are known as being ‘hot’ wallets and one of the most popular ones out there. Deciding to go with each of them is a good move, especially after knowing their popularity and authority on the market.
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