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This helps reduce fees paid by helping the Bitcoin network scale and sets the foundation for second layer solutions such as the Lightning Network. Make a donation. Choose your Bitcoin wallet Select a wallet to store your bitcoin so you can start transacting on the network.
Skip helper Next. Mobile wallets. Desktop wallets. Hardware wallets. How much do you know about Bitcoin? Which criteria are important to you? Control Note: This option is unavailable based on your previous selections. Validation Note: This option is unavailable based on your previous selections. Transparency Note: This option is unavailable based on your previous selections. Environment Note: This option is unavailable based on your previous selections.
Privacy Note: This option is unavailable based on your previous selections. Fees Note: This option is unavailable based on your previous selections. What features are you looking for? Bech32 Note: This option is unavailable based on your previous selections. Full Node Note: This option is unavailable based on your previous selections. Hardware Wallet Note: This option is unavailable based on your previous selections. Legacy Addresses Note: This option is unavailable based on your previous selections.
Lightning Note: This option is unavailable based on your previous selections. Multisig Note: This option is unavailable based on your previous selections. SegWit Note: This option is unavailable based on your previous selections.
Hardware A hardware wallet is a high-security bitcoin wallet that enables you to store your funds offline. You connect it to your computer when you need to manage your funds. User type New Not available Show wallets ideal for new bitcoin users, based on your search criteria. Experienced Not available Show all wallets, based on your search criteria. Not available Some wallets give you full control over your bitcoin. Not available Some wallets have the ability to operate as a full node.
Not available Some wallets can be loaded on computers which are vulnerable to malware. Not available Some wallets make it harder to spy on your transactions by rotating addresses. Not available Some wallets give you full control over setting the fee paid to the bitcoin network before making a transaction, or modifying it afterward, to ensure that your transactions are confirmed in a timely manner without paying more than you have to. Not available Two-factor authentication 2FA is a way to add additional security to your wallet.
Not available Bech32 is a special address format made possible by SegWit see the feature description for SegWit for more info. Full Node. Not available Some wallets fully validate transactions and blocks. Hardware Wallet. Not available Some wallets can pair and connect to a hardware wallet in addition to being able to send to them.
Legacy Addresses. Not available Most wallets have the ability to send and receive with legacy bitcoin addresses. Not available Some wallets support transactions on the Lightning Network. Not available Some wallets have the ability to require more than one key to authorize a transaction.
Not available Some wallets support SegWit, which uses block chain space more efficiently. Not applicable. Bitcoin Core. Bitcoin Knots. This difference means that Bitcoin wallets must function somewhat differently than bank accounts. Read more: Get a simple introduction to Bitcoin and why it matters. We can view this sub-wallet as being roughly equivalent to a debit card. For instance, debit cards have information associated with them, including an account number and a password. For our purposes, the two key pieces of information are the public bitcoin address and the private key.
A private key is a bit secret number. Here is an example:. As you can see, this secret number is a bit unwieldy. One of the key functions of a Bitcoin wallet is to manage the private key. In fact, private keys are almost never handled directly by users. Bitcoin wallets provide a way to write down this private key in a much more human readable format, referred to as a recovery phrase, secret passphrase, or seed phrase.
A recovery phrase is a list of words, usually between 12 and 24, that allow you to reconstruct your Bitcoin wallet and gain access to your funds even if your Bitcoin wallet is destroyed. Here is an example of a recovery phrase consisting of 12 words:. Because the recovery phrase is equivalent to a private key, you should never share the words with anyone, or store the plain text on your computer or online. While the recovery phrase is an improvement upon the private key, it still leaves a lot to be desired.
This presents problems because safely storing a piece of paper can be hard. Storing all those recovery phrases on paper quickly becomes onerous. For this reason, the Bitcoin. Here you can create a single custom password and use it to unlock all of your private keys, which are stored in encrypted form in your Google or iCloud account. To set up Cloud Backup in the Bitcoin.
Read more: Make sure your cryptoassets are safe with these simple tips. There are two main types of wallets: hardware wallets and software wallets. Hardware wallets are the most secure type of Bitcoin wallet because their private keys are stored on a physical device and theoretically cannot be accessed by a computer or from the internet. When a person wishes to make a transaction, they plug in the hardware wallet usually via USB.
The hardware wallet will sign transactions without compromising the private key. The downside to hardware wallets is the cost and availability of the devices. Ledger and Trezor are well known hardware wallets. Software wallets exist on computing devices, like a desktop computer, a smartphone, or in a web browser.
Since computing devices run many programs or applications, they are susceptible to viruses, malware, and phishing schemes, making all software wallets vulnerable to some degree. That being said, hacking incidents are extremely rare and software wallets are generally considered safe for everyday use.
There are many software wallet choices, which can make choosing overwhelming. We welcome you to try the Bitcoin. Choose from Bitcoin, Bitcoin Cash, Ethereum, and more. More getting started articles. What is Bitcoin? How do I buy bitcoin?
On a practical level, a Bitcoin wallet is a device or program that is used to send and receive bitcoins. The term wallet can be a little confusing for. Get help finding a bitcoin wallet. Answer a few basic questions to create a list of wallets that might match your needs. Coinbase Wallet is the #1 mobile cryptocurrency wallet. Wallet makes it easy for you to securely store, send and receive Bitcoin (BTC).