So many blogs already? Too much content, that you’re on the brink of losing it? We got your back!
This blog will take you through some easy-to-use bitcoin wallets that might prove useful to you,
especially if you find bitcoin transactions complex. It is an investment opportunity for many.
PayPal, the mobile payments app is also offering the option to buy, sell and store
cryptocurrencies in the wallet, now. But only the traders know how risky of an investment option cryptocurrencies are.
Find the most suitable and easy-to-use bitcoin wallets for yourself here.
You must already have heard of these, somewhere. Or if you’re trading in bitcoin, you must
have used one of these at some point for making transactions.
Let’s discuss these wallets a bit in detail:
- 1. LEDGER:
It has cold storage, meaning it provides you with extremely secure offline storage.
Ledger also supports multiple cryptocurrencies. The mobile version of the ledger includes
Ledger is a hardware wallet that allows you to connect it to your phone or computer to hold and
use your digital currency.
It is a durable device. With the ledger live software, you can also check your balance and/or
receive or send digital currencies.
It gives you access to over 1800 digital coins and tokens, thereby not restricting you to trade in
- SoFi :
It is considered to be the best wallet for individuals who are just starting with bitcoins or
It’s easy to get started here and manage investments with one account. It also provides many
financial tools for its users to utilize. You need to note that SoFi is a financial company that
offers personal and student loans, credit cards, and other financial products.
However, SoFi invest lets you buy, sell and store cryptocurrencies in its wallet.
A 1.25% of the transaction is charged from the users, as a service fee.
Currently, SoFi supports a total of 28 cryptocurrencies, which might be a hindrance for
advanced crypto traders.
An advantage it offers is, they have a great user interface providing them a good experience.
It is a great suggestion for those of you who are just starting in the field.
It is not good for sending to or receiving funds from other wallets. This is why this platform is
recommended for people who are new in the field of cryptocurrency.
This is a secure device and offers multi-factor authentication and supports over
1500 digital coins.
It is a device that holds or stores your digital currency offline.
It is required to plug into your phone or your laptop.
Trezor comes with a small screen that lets you manage your connection safely.
You need to be extremely careful with this device because at all times you need to remember
your recovery pin or information to connect to it. Or you can bid farewell to your bitcoins.
It is considered to be the easiest bitcoin wallet to use. You can easily sell, buy or
store your digital money.
This provides the facility to connect to a U.S Bank account and transfer dollars in and out of
your CoinBase wallet easily, via your CoinBase investment and trading account.
This is a great wallet for people who are starting with crypto trading.
This would make you feel like trading crypto like you trade your stocks through a brokerage
It supports 100 cryptocurrencies for users to trade-in.
It also provides you with the feature of CoinBase Earn, where you earn free cryptocurrencies,
against watching videos and taking quizzes.
It is a software wallet that supports over 100 cryptocurrencies. It is installed on
your computer or desktop. It has a mobile app version too.
It provides many investors-focused tools in its user’s hands and also uses an attractive
It is integrated with the Trezor wallet and turns your digital currency into a portfolio like charts
and graphs of your transactions and storage.
You need not set up an account, so all your digital currency and wallet are restricted to you.
Also, it gives you access to your private keys, making you the owner of your bitcoins.
You must ensure making a backup of the key to keep them safe in case your device is stolen,
damaged, or dead.
These are some easy-to-use bitcoin wallets. If you’re a beginner you have something to take
away from here. If you’re a pro, you’ve something to take away from here.