Bitcoin Wallets For Mac



Last updated October 5, 2020

Desktop wallets are a great option for anyone sending frequent Bitcoin payments from their computer.

In this post we will cover some of the best bitcoin desktop wallets and help you decide which is right for you.

You can use popular hardware wallets with Wasabi directly including Coldcard, Trezor and Ledger devices. Plug in the device, and select Hardware Wallet in the starting page of Wasabi. You will be able to send and receive bitcoin, but you will not be able to coinjoin the funds directly. For this, the private key needs to be hot in Wasabi. A paper wallet is ultimately the best Bitcoin wallet option due to its safety. Trezor/Ledger, Electrum, Blockchain.info and Coinbase round out the top five. Bitcoin Core – A full Bitcoin node. Platforms: Mac OS, Linux, and Windows. All of the wallets I’ve covered so far are known as SPV wallets or lite wallets. This means that they don’t have a full copy of the blockchain in order to verify transactions – they rely on other computers on the network to give them transaction information.

  1. Atomic Wallet is a truly unique Bitcoin wallet because it has everything you need to store.
  2. MultiBit, also known today as MultiBit HD, is a popular lightweight bitcoin wallet available for free for Windows, Mac OS, and Linux. The wallet was introduced in 2011 and remains one of the world’s most popular bitcoin wallets to this day. One of the unique features of MultiBit is its multi-language support.

Heads Up!

Large amounts of bitcoins should not be stored on your computer! If you want the most secure Bitcoin wallet then you will need to use a hardware wallet like the Ledger Nano X or TREZOR T.

You should always do research before downloading or installing any Bitcoin wallet.

Wasabi wallet is a desktop (as well as mobile) wallet designed around maintaining privacy through advanced features such as coinjoin and tor routing.

Supported Platforms: MacOS, Linux, Windows

  • Full Segwit suport
  • Coinjoin functionality
  • All traffic routed throug Tor
  • Connect to full node
  • Works with Ledger, Trezor and Coldcard hardware wallets
  • Advanced features make this not a beginner wallet

Blockstream Green is one of the most unqique and secure desktop wallets on the market. It uses a 2-of-2 style backup so if you ever lose your backup, you can use any two factor authentication to recover it. It's also super simple to set up and requires no registration other than an email address. You can even store your Liquid assets on Blockstream green now.

Supported Platforms: MacOS, Linux, Windows, iOS, Android, F-droid

  • Easy to set up
  • Excellent fee estimation
  • Two-Factor multi-sig
  • Multilingual
  • Great support
  • Some features are advanced for beginners
  • Using two-factor recovery can be confusing
  • Only Android version works with hardware wallets right now

Ledger Live is a little bit different than all the other desktop wallets on this list. That's because you actually need a Ledger hardware wallet for it to work. This makes it by far the most secure desktop wallet on this list, but it also means that using it isn't exactly 'free'.

Supported Platforms: Windows, MacOS, iOS, Android, Linux

  • Most secure
  • Great UI
  • Easy to use
  • All crypto in one dashboard
  • Compatible with Ledger Hardware Wallets
  • Must buy a Ledger hardware wallet to use
  • Confirming transactions can be confusing for new users


is another old and tested Bitcoin wallet for all desktop platforms. It is definitely more for an advanced users, so beginners might find using the wallet a little confusing. However, the advanced features and security options make it a great choice for the more experienced Bitcoiner.

Supported Platforms: MacOS, Ubuntu, Windows, Rasberry Pie

  • Old and trusted
  • Advanced fee settings
  • No signup required
  • Works with Ledger and Trezor
  • Ugly user interface
  • Advanced features can be difficult for beginners.

Electrum is one of the oldest and most trusted Bitcoin wallets on the market. It also sports advanced features for privacy and fee settings.

Supported Platforms: MacOS, Linux, Windows, Android, Python


WARNING

Bitcoin Wallets For Mac

There are a lot of fake versions of Electrum out there. Make sure you verify you are installing the real Electrum by verifying electrums GPG signatures. See guides for how to do that on Windows and MacOS.


  • Connect to full node
  • Compatible with most hardware wallets
  • One of the oldest Bitcoin wallets
  • Works with Ledger, Trezor, Keepkey, Bitbox, Coldcard
  • More advanced wallet not ideal for beginners
  • iOS version widely considered inferior to Android version
  • Traditional stock dashboard may distract from crypto-only holders

Bitcoin Core is a Bitcoin full node wallet, meaning it downloads the entire Bitcoin blockchain. It is the most private Bitcoin wallet although it takes patience and quite some time to setup. You also need a reliable internet connection, as well plenty of badwidth and hard drive space.

Supported Platforms: MacOS, Linux, Windows

  • Full node required
  • Great for Bitcoiners with no other coins
  • Compatible with most hardware wallets
  • Developed by some of the best devs in the crypto
  • Works with Ledger, Trezor, Keepkey, Bitbox, Coldcard
  • Bitcoin Only - no altocins supported
  • Basic wallet with limited features

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Chapter 1

How to Add Funds to Your Desktop Wallet


Now that you have chosen a wallet, let's transfer some funds into it.

In this brief walkthrough, we will show you how to add funds to your desktop wallet


For you to add funds to your desktop wallet, you will need to buy some cryptocurrency from an exchange and transfer it to your desktop wallet. Most Desktop wallets do not have exchanges native to it.

You’ll need to choose an exchange that services your country and/or state. The best place to do that is to go to our exchange finder or you can see the most popular exchanges below:

  • eToro
    • Start trading fast; high limits
    • Easy way for newcomers to get bitcoins
    • Your capital is at risk.
  • Coinbase
    • High liquidity and buying limits
    • Easy way for newcomers to get bitcoins
    • 'Instant Buy' option available with debit card

After you have bought your crypto, you’ll need to send it to your wallet. To do that, do the following:

1. Open your wallet and find an option to “receive”


2. Copy the address given


3. On your exchange where you bought your coins, select the “send” option.


4. There should be a field to input your wallet address copied in step 2. Paste it there.


5. Confirm you want to send your coins.

After that, you should receive a confirmation with a transaction ID of some kind. Here is what that might look like.

What a transcation ID looks like (the number starting with '804')


Chapter 2

Hardware Wallets: A Great Addition to Desktop Wallets


With funds in your desktop wallet, its time to take your security to the next level.

The best way to do that is with a hardware wallet like a ledger or trezor


Desktop wallets have the advantage of being free and easy to use. However, using a desktop wallet also poses many dangers to your coins.

Making sure your coins are not stolen through malware or ransomware is difficult to avoid on a desktop wallet.

Malware and Ransomware on your computer can result in stolen coins

This is where hardware wallets come in. Hardware wallets are never connected to the internet. They store the private keys and sign transactions you send to them. You verify the transaction on the screen of the hardware wallet, and hand off the signed transaction back to interface on your desktop or mobile phone.

Hardware wallets are a great way, then, to keep your coins safe if you want to use a desktop wallet. Instead of housing the coins on the desktop computer, you store them on the hardware wallet and the desktop just acts as your UI to control the hardware wallet.

You can learn more about each of the hardware wallets we recommend below:

COMPARISON

Ledger Nano X

  • SCREEN:
  • RELEASED: 2019
  • PRICE: $119

Ledger Nano S

  • SCREEN:
  • RELEASED: 2016
  • PRICE: $59

TREZOR T

  • SCREEN:
  • RELEASED: 2018
  • PRICE: $159

TREZOR One

  • SCREEN:
  • RELEASED: 2013
  • PRICE: $59


Chapter 3

Security Tips for Desktop Wallets


Now that we've got our desktop wallet set up with a hardware wallet, let's explore a few additional points on security.

PINs, VPNs, and Steel wallets are great additions to our security stack.



Always set up a PIN to protect your funds

Make sure your desktop wallet is protected by a 4 to 6 digit PIN number. Much your like bank account, most wallets have a PIN password that is the absolutel minimum when it comes to protecting funds you keep on your wallet. This prevents someone who has your phone from accessing the coins and sending them to another wallet that they own.

Setting up a PIN is a minimal requirement when it comes to mobile wallet security.

A PIN is not very strong security, but its good enough to prevent most people who have temporary access to your unlocked phone from taking your money.

Store your recovery phrase on something that is water and fire proof

All the desktop wallets on this list support BIP39 seed words, otherwise known as ‘recovery phrases’. If your phone is lost, destroyed, or stolen, you can use this phrase to recover your funds to a new device.

Bitcoin

However, most people write down these words on a piece of paper. When their home catches fire or is flooded, they lose the device and the backup to the elements. You should therefore consider a steel backup device like the PrivacyPros Billfodl or Cryptosteel.

The Billfodl protects your funds from fire and flood.

DO NOT store a lot of coins on your desktop wallet

We’ve mentioned this before, but its worth repeating: you should treat your desktop wallet the same way you treat your real world wallet or billfold. You wouldnt carry every dollar you own in your pocket. You should also not hold all your coins on your desktop wallet. You need to store them on a hardware wallet.

Use a VPN when transacting on an desktop wallet

When making Bitcoin transactions on your desktop wallet, it is a good practice to use a VPN. This prevents your ISP or hackers listening in on your connection from tying your IP address (and therefore your personal identity) to your Bitcoin transactions. It’s a good privacy practice that is cheap and easy to implement.

  • VPN
  • NordVPN
    • Special support for Malaysia, Nigeria, Singapore, South Africa
    • SEPA & credit card supported
    • Trusted exchange
  • Surfshark
    • Users claim fast speed from wide range of servers all around the world
    • Compatible with nearly any OS
  • ExpressVPN
    • Allows for Netflix
    • Users claim fast speed
    • Has apps for nearly any platform


Chapter 4

Frequently Asked Questions


Below are some of our most asked questions by readers.

If you're wondering about a topic on this page, odds are we have the answer here.


When should I use a desktop Bitcoin wallet?

If you’re on your computer a lot and don’t need super secure storage, a desktop wallet is a good choice.

Do desktop wallets work with hardware wallets?

Yes, many desktop wallets allow the user to utilize a hardware wallet as the signer of transactions. This means that the private key is not help on the computer the desktop wallet is isntalled on.

Instead, the private key is held on a hardware wallet, and the ddesktop wallet is used as an interface for the hardware wallet. The desktop wallets sends transaction data to the hardware wallet to sign off on. If you’ve ever used Ledger Live, this is essentially how it works as well.


Ledger's Desktop wallet manager application, Ledger Live

Can I store large amounts of bitcoins in a desktop wallet?

You can, but this isn’t recommended.

If you want to use a desktop wallet but need to store large amounts of Bitcoin, its best to utilize a hardware wallet to sign transactions for the desktop wallet (as mentioned above).

KeepKey, TREZOR, and Ledger Nano X all work with Electrum. TREZOR One and Model T and the Ledger Nano S and X all work with Copay.

The copay app settings for adding a hardware wallet for multisig

Setup is very easy and you can have your hardware wallet securely signing transactions via your desktop wallet in just a few minutes.


What’s the difference between a desktop wallet and a web wallet?

Web wallets are more like accounts. A web wallet makes you set a passwords which it uses to encrypt your wallet on the web wallet server.

Desktop wallets are actual apps that are installed on your computer.


Are desktop wallets free?

Yes, all desktop wallets are free. Hardware wallets are the only type of wallet that costs money.


If someone has access to my computer can they access my bitcoins?

It depends. Many desktop wallets encrypt your private keys and request a password to decrypt it every time you open the wallet. This means that you need to enter a password in order to send bitcoins from most desktop wallets.


How do I backup my desktop wallet?

Most wallets generate a seed on setup. You write this seed down on a piece of paper and it can be used to restore your wallet if you lose your computer of have it stolen.


Can I use more than one desktop wallet at a time?

Yes, of course. We suggest trying many different desktop wallets and then deciding which one has the features you need.


What is the difference between Blockstream Green and Aqua?

While both of these Bitcoin and Liquid wallets are made by Blockstream, only Blockstream Green is available for desktop. Aqua is only available as a mobile wallet. The other difference is that Blockstream green uses a 2-of-2 multisig to protect your coins from hackers. Aqua is a single signature wallet, meaning anyone with access to your phone (either physcially or remotely) could steal your coins. In exchange for the increased risk, the wallet is easier to use.

Aqua is new, and if you have an iOS or Android device, it can be a great addition to Blockstream Green Desktop. Take a closer look at it its features and look in the video below:



Best Bitcoin Wallets: Bitcoins are the currency of the future. They’re skyrocketing through the roof right about now, hence making them a prime target by hackers and spammers trying to get into your wallets!

Now there are over a hundred different Bitcoins wallets in the industry, but they vastly differ from one another, so with all that confusion how would you choose the best Bitcoin wallets?

That’s what we’ve done for you!

We’ve filtered out the best Bitcoin wallets for you to choose from; the wallets have been chosen to take some strong factors into consideration, including over 5 years of personal experience.

How we’ve Chosen the Wallets?

Privacy: Bitcoin’s primary selling point is that its “Anonymous” and can’t be tracked back to the user.

So obviously it’s important that the wallet you use be anonymous too, isn’t it?

Control: How much control you have over your coins matters as well. How many keys the wallet produces, and how many are solely kept with the user, spending rights and everything else comes in as a factor!

Security: What’s the encryption being used by the wallet, does it support 2-factor authentications? What are the recovery options? Do they support cold-storage? Those were some of the questions we asked before scribbling this piece down.

I’ve pointed out the above points to paint you a picture of how serious we are about this wallet compilation! You can be sure that if a wallet is on this “Best Bitcoin Wallets” list, it does deserve it.

Top 10 Best Bitcoin Wallets for Web, Android, iOS, Mac, Windows, Linux

1). Armory

Website:https://www.bitcoinarmory.com

Device Support: Linux/Mac/Windows

Armory is my first choices when I’m digging for the best Bitcoin wallets.

Pertaining to the fact that I’ve mingled with over 15 wallets throughout my journey with Bitcoins, and every wallet has one or other kind of a minor “con” or negative aspect.

But Armory? It just couldn’t be any more perfect!

a). 100% Control

Armory grants you 100% funds control. You and only you are granted access to the funds, and no one else has any kind of control over them.

b). Full Validation

This is what earned Armory a #1 position on top of Electrum (the #2 on this list!). Armory mandates the installation of a Full-node software for the validation of the transaction.

It directly uses the Bitcoin network for validation, eliminating any need of trusting a third-party for verification.

Being the most secure validation available, it requires over 100GBs of space and a lot of bandwidth. So it really is a matter of your choice, you might also go for a semi-validated wallet (like Electrum) which doesn’t require any additional software or space if you’re okay with a decent security.

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c). No Central Validation

Considering the fact that it doesn’t use any centralized validation system, instead relies directly on the Bitcoin network, it becomes a more “anonymous” kind of wallet.

In fact, this again is another factor, why it’s listed above Electrum, because it doesn’t disclose any information regarding your transaction to any servers, while any other wallet not using the full-node validation does, and the information can be compiled together and traced back to you with a bit of luck as mentioned above.

d). Two-Factor Authentication

Apparently, it supports 2-FA making it impossible for hackers to hack into your wallet without having all of your devices at their disposal.

e). Control Over Fees

Armory uses RBF and CPFP which grants you the ability to change the fee after a transaction is made, based on the network conditions. In simpler words, it means this is one of the most efficient fee calculation systems at work.

Other Features

  • Cold Storage: Coins are stored in an offline environment, preventing any online communications to them makes them impossible to hack into.
  • Supports TOR: You can use TOR with Armory to ensure that your IP address can’t be associated with your Bitcoin transactions, hence granting an extra layer of security.
  • Open Source: Armory is Open-source. What it means for you is that, even though Armory as a company ceases to exist, you won’t have problems accessing your funds because you would still be able to access the source-code.
  • Multi-Signature Support: It essentially is an added security layer which grants you the ability to authorize transactions after “more than just one person” have validated the transaction. It resembles a joint bank account in real life!

So all of these features essentially do make Armory one of the most secure Bitcoin wallet existing in the industry. Not even the Armory team can meddle with your account once it’s been created.

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2). Electrum

Website:https://electrum.org/

Support OS: Windows/Linux/Mobile/Android

Electrum is a cut-throat competitor to Armory in the race of the best Bitcoin wallets!

They are almost identical and features and usage, and can be used interchangeably. I’ve only mentioned Armory above because of the better validation Armory offers as compared to Electrum.

a). 100% Control

Electrum grants us 100% control over the funds. Meaning the private keys are saved on our systems rather than an online environment and can’t be accessed by any other third-party!

No other third-party can freeze, access, or use the funds in your wallet without your permission!

b). Semi- Validation (Simplified Validation)

How the Bitcoin wallet validates your transaction is of utmost importance. Electrum uses SPV and a random servers list for verification, which reduces the trust required in other third-parties to verify the transactions to the least!

It’s not as secure as a full-node validation, but surely the next best thing out there!

Just because it doesn’t use a full validation doesn’t make it any less secure, in fact, it’s better in terms of usability because a full-node validation would require a lot of bandwidth as well as hard-disk space!

c). Security

Electrum supports 2-FA (2-Factor Authentication), as expected from any wallet listed at the #2 position on this list!

So even if you lose your computer, you don’t have to worry about someone else getting into your wallet!

d). You Control the Fees

This is something of a rarity to Bitcoin wallets! Electrum uses RBF (Replace by Fee) and CPFP to make sure that your transactions get confirmed exactly when they need to, and hence you do not pay a single extra bit!

Other Features:

  • Cold Storage: Electrum stores our coins in an offline storage hence making it impossible for someone to hack into them.
  • Watch-only Wallets: Need to check a transaction or just your balance? Well you don’t have to risk your security! Electrum offers “watch-only” wallet feature using which you can access your account but can’t make any solid changes to it.
  • Secret Phrase Recovery: In case you lose your wallet login ID, you can use a secret phrase to log-in to your Electrum wallet!
  • TOR is supported for routing traffic and activity over the onion router!
  • Rotating Bitcoin Addresses: Your addresses aren’t static, instead, are rotated to make spying on your transactions impossible.
  • Supports Multi-Sig wallets!

And these are just the tip of the iceberg when it comes to Electrum features! So yeah it most definitely is one of the best Bitcoin wallets you can get your hands on.

Cons:

  • Doesn’t use Full-node validation.

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3). mSigna

Website:https://ciphrex.com/

Support Device: Windows/Mac/Linux (Latest Version Visit Website)

If you’re looking for a bucket-load of features, mSigna won’t disappoint you. Security is the primary strong-suit mSigna brings to the table.

a). Full Control

Like any other Wallet on this list of best Bitcoin wallets, mSigna too grants you 100% control over your funds, restricting any third-party control whatsoever.

b). Full Validation

Like Armory and Bitcoin Core, mSigna too doesn’t rely on any third-party for validating the transactions.

Instead, a full-node software installed on your own system does that.

c). 100% Private

Using a full-node validation system, it’s not required to use any centralized authority for validating the transactions, and hence none of your transactions details are shared with any other party.

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d). Rotating Addresses

Even after employing a full-node validation system, it further adds to your privacy by rotating your address so that any chance of it being tracked are eliminated.

Other Features:

  • Supports TOR: Combine TOR with mSigna to add a third layer of protection to your transactions.
  • Uses BIP 32 to generate random addresses.
  • Supports Paper backups!
  • Allows Multi-Signature authorizations: Add more than one signatories to your wallet, especially helpful for organizations and companies. No funds can be spent without consent of all the signatories.
  • Cold Storage: Funds aren’t stored online, instead in a secure, offline storage.
  • MultiDevice Synchronizations: Let’s you synchronize your account across multiple devices for various purposes!

Cons:

  • Fee suggestions aren’t provided. Meaning, at times you might end up getting a delayed transaction, or you might have to pay a higher fee!

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4). Green Address

Website:https://greenaddress.it/

Device Support: Web/Android/iOS

Green Address has the potential to be the best Bitcoin wallets, which is hindered only by some minute lackings (as will be mentioned in the cons!)

a). 100% Funds Control

Green Address takes pride in the fact that they do not store our private keys, in any form. They just don’t!

Meaning they do not have access to the “funds”!

b). Deterministic Wallets

There are various types to it, but in simplest words it simply means that for each transaction a new address would be generated, randomized and made untraceable!

c). Multi-Signature

Setup for more than one person to authorize a transaction before any funds can be moved from your wallet.

d). Watch-Only Wallets

Accessing your wallet from a public network? Well, Green Address supports “Watch-only” wallets as well which let you access your wallet, view transactions, check balance, etc.

What these don’t let you do is make transfers or solid changes to your account, hence your wallet is safe even on public networks.

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e). Insurance

Green Address surely claims its place as one of the best Bitcoin wallets by enabling a nLockTime feature!

It means if for some reason Green Address as a company ceases to exist, you’d still get your funds back at an expiry date pre-set by you!

f). Double Spend Checks

Waiting for Bitcoin transactions to get confirmed is one of the few problems Bitcoin still hasn’t found a solution to.

Well, with GreenAddress they have! Green Address has its own “Double spend checking” system, meaning under no circumstances can you double spend the same amount.

So all your payments are instant!

Other Features:

  • Pre-Signed transactions.
  • Quick PIN can be setup for instant login.
  • Set Spending Limits: – Daily, hourly, monthly, etc.
  • 2-Factor authentication.

Cons:

The only reason it’s not “The” best Bitcoin wallets is that it uses a Centralized Validation method to validate your transactions, which provides third-parties with breadcrumbs to follow and link the transactions to your account.

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5). Bitcoin Core

Website:https://bitcoin.org/

Support Device: Linux/Mac/Windows

Bitcoin Core is almost identical to Armory in its “strength” or “security”. But it’s not as feature-rich as Armory and in addition needs more space on your system.

a). Full-Node Validation

Bitcoin core employs the most secure validation method available for Bitcoin transactions.

It requires you to install a full-node software for validating the transactions just like Armory.

Using the full-node validation means that it won’t be using any third-parties for verification and instead be validating the transactions directly from the Bitcoin network.

b). 100% Control

You get 100% control over your funds and private keys. No third-party, including Bitcoin Core has any kind of access to your funds without your permission.

c). Zero Information Sharing

Any wallet which uses the full-node validation doesn’t require any third party, centralized validation system.

It’s a great feature because if a centralized validation system is used (as in the case of Electrum), some information is disclosed to them, which can at times be traced back to you.

d). 100% Transparent

It’s the only Bitcoin wallet which grants you a 100% transparency to its source-code.

Meaning even though most other Best Bitcoin wallets on this list are open-source, they hold the final say when you’re updating or installing a newer version.

That’s not the case with Bitcoin Core, you can audit even the final version with 100% transparency.

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e). Supports TOR

Bitcoin Core supports TOR for masking identity further.

That just about sums up the features Bitcoin Core offers! I do understand it’s not as feature-rich, as already mentioned.

But it’s still on this list because of its unbreakable security as well as privacy.

6). CoinBase

Website:https://www.coinbase.com

Support Device: Web/Android/iPhone

CoinBase has already made a reputation for itself as one of the best Bitcoin wallets. Although it’s a web-based wallet and not a software one like the other wallets discussed so far.

a). Cold Storage

The funds aren’t stored online even though it’s an “Online” wallet, and majority of the funds are stored in an offline facility under strict security.’

In fact only 2% of the total funds at any time are stored online.

b). Full Control with MultiSig Vault

It’s a “Trustless solution” as termed by Coinbase.

You can create a multiSig vault, and choose as many as 5 co-signers for it. Only you and the co-signers will have access to the vault and the funds. Coinbase never has access.

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c). 3-Key Architecture

It has designed 3 keys, namely the Coinbase Key, the Shared key and the User key.

The Coinbase key is stored by Coinbase, the shared key is stored both by you as well as Coinbase, while the User key is the “master key”, and is stored only by you.

Meaning you can also sign in, and make transactions without Coinbase’s key.

d). New Wallet Address Every time

As a step to protect our privacy, Coinbase generates a new, random address for each of our new transactions.

e). Legally Insured Funds

Coinbase is one of the few best Bitcoin wallets which actually has legally insured funds.

Meaning, all of the Bitcoins are insured, and in case of any breach or theft at Coinbase, the users would still be paid out from the insurance policy.

7). BTC.com

Website:https://wallet.btc.com/

Support Device: Web

Another Web-wallet which deserves a place in this list on the best Bitcoin wallets is BTC.com

a). Shared Control over Funds

Like most web-based wallets, you don’t have 100% control over your funds. Instead, some part of the control is also vested in the platform itself, which is necessary considering it’s not a “Software” but an online portal.

b). Fee Suggestions

It makes sure that you pay an adequate fee based on current network conditions, making sure it’s never too low or too high.

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c). Hierarchical Deterministic Wallet

The wallet addresses aren’t static and keep changing for each new transactions to avoid any kind of trace-backs to your account.

d). MultiSignature Supported

Bitcoin Wallets For Mac Catalina

Appoint more than one signatories for your account making it impossible for hackers to transfer funds without your permission.

e). 2-FA supported

Setup a second verification method like a Cell phone OTP to ensure protection even when your password is compromised!

8). Bitgo.com

Website:https://www.bitgo.com/

Support Device: Web/Android/iOS

BitGo is one of the most trusted names when it comes to the best Bitcoin wallets, primarily because of its high-security protocols.

The company speaks for itself because some of the largest Cryptocurrency platforms including Bitstamp, Genesis, Kraken, Unocoin etc. have trusted Bitgo with their funds!

a). Centralized Validation

With a “Software” wallet, I’d have listed it in the “cons” section, but you can’t have a Web-based wallet function on a full-node validation.

All the transactions are validated from a centralized service and hence a lot of trust needs to be vested in them.

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b). Spending Limits

You can set limits for your account, so that you not only keep yourselves in check, but also if your account gets compromised, you’ll lose only a fraction of your funds.

Apart from these, other general features include:

  • Two Factor authentication.
  • Support for TOR.
  • Fee suggestions.
  • Shared control over funds!

9). Bitcoin Wallet

Website:Download App

Support Device: Android/Blackberry

Bitcoin wallet doesn’t extremely feature rich, granted! But what earns it a place in this list as one of the best Bitcoin wallets is its extremely decentralized working principle.

a). 100% Control

It’s one of the few mobile wallets with the capability to let you have 100% control over your funds! They do not try to contest for control despite being a mobile-wallet!

b). Full Control Over Fee

It not only suggests the appropriate fee according to the network conditions but also lets you change the fee after the transactions.

c). Dynamic Addresses

It uses a new address every time for each transaction like all the other wallets on this list to let you have full anonymity.

d). Simplified Validation

Using the Bitcoin network compiled with SPV to validate your transactions, it limits the trust required in third-parties to the minimum.

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e). Sweeping of Paper Wallets Supported

You can sweep paper wallets using Bitcoin Wallet on your cell phone for instantly transferring the funds from the paper wallet to your Bitcoin wallet!

f). No Registration Required

Talking of anonymity, it doesn’t ask for any kind of personal information whatsoever because you don’t even need to register over the platform! Just install and start using!

Payment via Bluetooth is supported as well in an offline environment!

In fact, BTCX and Blockchain wallets are based on the core code and infrastructure of Bitcoin Wallet, so yeah it definitely deserves a place as one of the best Bitcoin wallets!

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Most Secure Bitcoin Wallets

10). BreadWallet

Website:https://breadwallet.com/

Support Device: Android/iOS

Considering we’ve discussed Android, it’s only fair we bring in iOS as well. Breadwallet is one of the best Bitcoin wallets available for iOS.

a). Full Control over funds

One of the rare Bitcoin mobile wallets which gives 100% control over funds to the users.

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b). Privacy

BreadWallet offers privacy in the real sense. The company or team can’t track you, and no private information is required for creating an account.

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3). Standalone Application

BreadWallet is a standalone application, meaning it’s not connected to any “Server” or online portal where you coins are stored. So it’s literally hack-proof.

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Everything is stored on your physical handset.

Other Features:

  • Uses Simplified Validation.
  • HD wallets: New addresses for each new transaction.
  • Control over fees.

Not to mention the strong security base that any iOS OS brings to the table with itself!

In fact, BreadWallet claims that it’s also armed to protect your device against physical theft, which is the only way to actually gain access to your wallet

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Final Words

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So that’s a wrap up for this list on the best Bitcoin wallets folks! This list essentially embodies all the “best” wallets out there in terms of security, privacy, and other factors.

The one kind of wallets we didn’t discuss are the “Hardware Wallets”, they are the safest and secure kind of wallets, although they can’t be downloaded, need to be purchased physically from a retailer.

But it’s possible that you might have crossed paths with another wallet which isn’t mentioned here, and if you think it can compete with the ones listed above, do leave the name in the comments section.