The 5 Best Bitcoin Wallets of 2019
01: BestOverall: Ledger Nano S
This the early version of Ledger Nano X and It’s like a USB drive which connects to any USB port. It doesn’t have a battery and only starts up when plugged into a computer (or mobile device).
The Ledger doesn’t come with an anti-tampering sticker as its cryptographic procedure checks for the integrity of the instrument when powered on.
It also comes with an OLED screen and two side buttons for confirming transactions.
When you configure your Nano S as a new device, you need to set up your pin code in order to secure your wallet. After that, note down and store your 24-word recovery phrase. This recovery phrase can be used anytime to restore your bitcoins.
With this wallet, your private keys are stored offline, so you need not worry about the safety of your coins.
Nano S is also the cheapest multi-currency hardware wallet ($120).
The Ledger NanoS wallet supports the following major cryptocurrencies:
- Bitcoin (BTC)
- Bitcoin Cash (BCC)
- Ethereum (ETH)
- Ethereum Classic (ETC)
- Litecoin (LTC)
- Dash (DASH)
- Dogecoin (DOGE)
- ZCash (ZEC)
- Ripple (XRP)
- Stratis (STRAT)
- Komodo (KMD)
- Expanse (EXP)
- Stealthcoin (XST)
- NEO (Works with NEON Wallet and supports GAS too)
- Bitcoin Gold & more…
Also, it is a multi-currency wallet where you can store/manage more than 700 coins and ERC20 tokens all at once place. And you can see the list of all supported cryptocurrencies here.
Note: You should always use a hardware wallet when you have a lot of bitcoins or altcoins.
02: Best for Security: Trezor
Trezor is a physical device that plugs into your computer, tablet or phone to access your coins. The Trezor wallet works with multiple currencies and works as a password manager, two-factor authentication device and other useful features.
This wallet offers some protections against lost passwords and lost devices, but you should learn from other’s sad lessons and make sure that never, ever happens. The entire point of this digital Bitcoin wallet is to keep others from stealing your Bitcoin, so you can assume the recovery process is not necessarily an easy one.
After that, using it is pretty similar to the Nano S.
Trezor now supports many cryptocurrencies:
- BTC – Bitcoin
- ETH/ETC – Ethereum/Ethereum Classic
- NMC – Namecoin
- LTC – Litecoin
- DOGE – Dogecoin
- ZEC – Zcash
- DASH – Dash
Update: Trezor now supports more than 600 cryptocurrencies/tokens.
Trezor can be used with apps such as TREZOR Wallet, Mycelium, and Multibit HD.
It is available now for Windows (version 7 and higher), OS X (version 10.8 and higher), and Linux. You can also use it with your Android devices.
It is available in 3 colors – white, gray, and black – and costs $110.
03: Best for Desktop: ATOMIC
Atomic Wallet is a multi-currency custody free wallet that supports over 300 coins and tokens. This one is the first cryptocurrency wallet with decentralized cross-chain atomic swaps on board. Users can exchange Bitcoin, Litecoin and QTUM with no intermediaries. The team of Atomic Wallet plans to enable Ethereum for the swaps, as well.
Apart from that, Atomic Wallet provides a built-in regular exchange service for a range of cryptocurrencies, and an option to buy XRP, BTC, LTC and ETH with a bank card.
All these features are well crafted in one clear and comprehensive interface. You don’t need to verify your identity or register. You just download the wallet for your operating system, install it and start using. Currently, Atomic runs on a range of desktop operating systems, such as Windows-64 bit, MacOS. Linux, etc., and will be available for Android and iOS devices as well.
Like other non-custodial wallets, Atomic generates a mnemonic seed for your wallet and encodes private keys in your device. If you are about to store your crypto in Atomic, you must write it down and keep in a secure place, since the seed is shown only once and not sent via email.
The wallet supports private keys import, so you can move your funds from any other wallet to Atomic in a few clicks.
Interestingly, Atomic Wallet provides its interface for custom tokens, so anyone is able to add their custom tokens by importing a smart contact address. That’s a quite convenient option when it comes to ICO campaigns.
Regarding the latter, Atomic is planning to release its underlying ERC20 token by the end of 2018 and now is running a bounty program where everyone may participate before the public sale.
To sum up, Atomic Wallet seems to be a quite non-typical cryptocurrency project. In one place, you can manage 300+, exchange and buy some of them, try innovative Atomic Swaps, get access to custom tokens and participate in bounty. And all these features are performed in a non-custodial manner.
04: TRUST WALLET
Trust Wallet is the world’s leading multi-asset digital wallet which stores both bitcoins and altcoins.
It currently supports 13 crypto coins and is an ideal choice for multi-cryptocurrency users.
With an active development team working at lightning speed, it’s also very reliable. Altcoins such as Binance, Monero, Tether, Ripple, and many more are on their development roadmap.
Trust Wallet provides a seamless, frictionless, and easy to use UI. It takes no email verifications, no onboarding, and no usernames/passwords to start using Trust Wallet.
It is an HD wallet which comes with a seed backup key feature. The seed key helps you in controlling and restoring your crypto assets in case your device is damaged or lost.
You can export your private keys, and import bitcoins or altcoins from paper wallets.
It is available now on Android and iOS.
05: Gaurda Wallet
Guarda is one of my favorite Bitcoin wallets.
It is an open source and well-established Bitcoin wallet with an active developer community that is always innovating.
This is a frictionless tool for storing bitcoins, as it requires no email verifications, no onboarding, and no usernames/passwords to get started.
If you are new to Bitcoin, you will love Guarda’s very easy to use UI.
Moreover, you control your Bitcoin private key and can always import it when you need to.
Guarda is non HD wallet which provides you with a 12-word backup seed key which you should write down somewhere and keep safe. In case you damage or lose your device, this backup seed key will enable you to recover your bitcoins.
Guarda is compatible with Ledger Nano wallets.
Guarda is available on all platforms.
Always remember:If you lose those 12 words, you will lose your bitcoins.