Top Best Bitcoin Wallet Review And Comparison

Top Best Bitcoin Wallet Review and Comparison in 2019

Ledger Bitcoin wallet review

Summary: Much like TREZOR, Ledger is a cold wallet designed for users who want increased security. The wallet is actually a physical device that connects to your computer and acts as another source of protection. Meaning, you can’t send Bitcoins from your wallet without owning the physical device. If you’re looking for a cold wallet (e.g Ledger or TREOZR) I’ve compared the two in this post.

Ledger offers a variety of products such as Ledger Nano S, Ledger Unplugged (a contactless Bitcoin wallet), etc. The most popular model today is the Ledger Nano S.

Pros: Beginner friendly, very secure, great support.

Cons: Costs money, More security = less usability (this is an issue with all cold wallets).

TREZOR Bitcoin wallet review Summary: TREZOR is the perfect solution for storing a large amount of Bitcoins in order to keep them out of harms way. The combination of world class security with the flexibility of any other web wallet makes it ideal for beginners and experts alike. The company has been gaining a nice amount of traction and reviews throughout the last year. For a full review of TREZOR click here.

Pros: Extremely secure wallet, easy to use and intuitive interface, supports additional wallets and altcoins.

Cons: High price tag relative to its competitor

Coinbase Bitcoin wallet review Update

In the past we used to list Coinbase as a wallet, however do changes in the company’s vision this is no longer a recommended wallet. Summary: Coinbase is the leading exchange service today in buying and selling Bitcoins. It was founded in 2012 and since then has received over US$31 million in venture capital funding. The Bitcoin exchange service is available in 19 countries around the world. Their Online wallet is beginners friendly but the fact that the company holds your funds is can be somewhat risky. Having said that Coinbase has recently launched their Vault service which denies the company control over your funds.

Pros: Beginner friendly, ability to add funds from within the wallet. Established and respectable company.

Cons: Company has some control over your funds (depends if you’re using Vault). Not supported worldwide (yet).

Blockchain.info Bitcoin wallet review Summary:

The most popular Bitcoin wallet today, Blockchain.info allows you to send / receive Bitcoins through your browser or mobile phone. This is what’s known as a hybrid wallet – meaning the company stores your wallet online but they do not have access to your private keys.

However, since the wallet is loaded from their servers some trust in the company is still needed. Recommended for beginners who are trying out Bitcoin. Pros: An established and trusted company in the Bitcoin community, good interface, available for mobile and web. Cons: 3rd party trust required, hard to make completely anonymous payments.

Blockchain.info Bitcoin wallet review Summary: The most popular Bitcoin wallet today, Blockchain.info allows you to send / receive Bitcoins through your browser or mobile phone. This is what’s known as a hybrid wallet – meaning the company stores your wallet online but they do not have access to your private keys.

However, since the wallet is loaded from their servers some trust in the company is still needed. Recommended for beginners who are trying out Bitcoin.

Pros: An established and trusted company in the Bitcoin community, good interface, available for mobile and web.

Cons: 3rd party trust required, hard to make completely anonymous payments.

Coinomi Bitcoin wallet review Summary:

Coinomi is a mobile wallet currently available only for Android. The wallet holds Bitcoin and a variety of additional Cryptocurrencies (up to 287 currencies supported). The wallet is pretty basic and user-friendly. The main issue with this wallet is that is started out as an open source wallet but since 2016 became closed source – something that raised a lot of eyebrows in the Bitcoin community.

Pros: Wide variety of coins supported, intuitive interface.

Cons:  Closed source, Android only.

Jassica Dean

Jassica is an Editor of AppStory (Digital marketing Agency Ahmedabad) , She has been contributing for several years to well-known platforms like App Story & CEO Interview Platform Dataflow, Dzone & B2C and a leading AppStory & Review Magazine.

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