Before using Bitcoin for any bigger transaction make sure to what you have to know and what are some best ways to secure your Bitcoin wallet. Always keep in mind it’s your responsibility to decide about your wallet carefully. Adopt some better practices to protect your money. A Bitcoin wallet is a collection of some private keys and used to make transactions on the Bitcoin network.
Some best Bitcoin wallets 2017 are:
1- BitCoin Core:
Bitcoin Core is developed to choose which blockchain have valid transactions and the users only accept the transactions for that blockchain. It’s those users who keep Bitcoin decentralized. They run individually their personal Bitcoin Core full nodes and each full node individually follows the same rule to decide which blockchain is valid.
Some Bitcoin Core features are:
- Full Validation
- Better Privacy
- Excellent Security
- Better User Interface
- Support the Network
Armory is a full featured and most secure means available for the users and organizations to generate and store Private Keys. The Armory team is experienced in private key and cryptography ceremonies. Armory established cold storage and distributed multi-signature. The Bitcoin cold storage is a system for storing Bitcoin safely on a fully air-gapped offline computer. At Armory, we attempt to improve constantly the best Bitcoin wallet with some extra security features.
3- Mycelium Wallet:
With the Mycelium Wallet, you can send and receive Bitcoin by using your mobile phone. The Supreme cold storage functionality enables you to secure your funds 100% until you spend them.
Features of Mycelium Wallet are:
- Provide 100% control over your Private-Key.
- No blockchain download, just install and run in seconds.
- Manage your multiple accounts and never recycle addresses.
- Ultra-fast connection to a Bitcoin network with the help of super nodes.
- Read only addresses and Private-Key imported for secure cold-storage integration.
- Protected your wallet with a PIN.
- Support for BIP38 Keys.
- Compatible with other Bitcoin services.
- MultiBit enables your Bitcoin wallet to make easy and fast transactions. After the installation process, a wizard guides you through effective steps to create your wallet and its backup. In just a few moments, you’ll be ready to join Bitcoin economy and now you can handle your funds and wallets. Your wallet and its backup resides encrypted on your personal computer and never with a third party.
- MultiBit adds an extra security layer for your bitcoins when used with KeepKey. KeepKey is USB device which stores and secures your Bitcoin.
Xapo Wallet offers a way to handle your funds when or where you want with just the click of a button. You can also manage your funds by sending an email and swipe of your Xapo Debit Card. Xapo iOS is your mobile Bitcoin wallet that combines industry-leading and convenience security to handle your bitcoins and sending currency to your family and friends. Simply scan a QR or wallet address or enter a name, or email to instantly send money worldwide.
Features of Xapo Wallet are:
- Fully insured Bitcoin storage in the market.
- Send and receive Bitcoin in just two clicks.
- Two-factor authentications.
- By sharing Xapo on social networks you can earn Bits.
- Zero network transaction fees.
Anyone can get the best for digital and traditional currency. You can get an online banking account, cheap money transfer, worldwide issued Bitcoin debit cards, and much more in just one place.
Features of Wirex are:
- Secure and Convenient: Secured with multi-signature and two-factor authentication.
- Easy Access: Manage all your accounts, past transactions, and debit cards by using your smart phone 24/7.
- Total Freedom: Send and receive currency from 130+ countries and with almost no limits.
Generally, Bitcoin wallets have just a single Private-Key to make your Bitcoin susceptible to misplaced or theft. The multi-signature technology of BitGo offers three keys for your wallet. BitGo does not have the facility to access your Bitcoin as other Bitcoin companies have. BitGo only holds one key which not enough for the transaction on your behalf.
If only a single key is compromised, your Bitcoin cannot be stolen. This makes BitGo almost hack proof. BitGo required 2F authentications and use high-level security measure to make a full protection of your Bitcoin.
GreenAddress is a safer Bitcoin wallet which provides you full control and it doesn’t compromise your privacy. Our pre-transaction 2-factor authentications and multi-signature wallet empower you with a supreme control over your transactions. GreenAddress never keep your Private-Keys, not even encrypted. We also make it fast to view and transfer your funds.
CoinBase is the world-famous source to buy and sell Bitcoin. It is CoinBase is also a popular Bitcoin and Ethereum wallet. CoinBase provides the facility to buy, store, use, and accept Bitcoin and Ethereum securely. You can experience a best digital currency managing on the mobile phone.
Some additional features of Coinbase wallet are:
- Send and receive Bitcoin.
- Track the Price of Bitcoin anywhere with the help of Bitcoin price charts, Bitcoin price alerts, and Bitcoin price ticker.
- You can check transaction history, balance, and transaction details of all your accounts.
- You can send Bitcoin and Ether via email.
- Send via QR code with zero transaction fees.
- You can set a password to secure the mobile app.
- You can remotely inactivate your phone’s access if it’s stolen or lost.
- Historical and real-time Bitcoin and Ether price charts.