Best Bitcoin Wallets in June 2022
Bitcoin wallets provide a secure, discreet and convenient place to store your Bitcoin. As an alternative to centralized exchanges, these types of wallets give the owner full control over their crypto. These wallets allow users to easily access their crypto from browsers or mobile apps on either a Windows, Apple or Android device.
updated May 18, 2022 11:44 AM
45
listed services
96,666
analyzed reviews
9,667
suspicious reviews removed
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Service
Price
Multi-Coins Support
Buy/Sell Cryptocurrencies
Authentication Options
Wallet Backup Options
Open-source Wallet
1
1
Exodus
4.8/5
4,595 reviews
contact company for pricing
Buy and Sell
SMS,OTP,Biometrics
Wallet.dat
2
21
Trust Wallet
3.6/5
586 reviews
Contact company for pricing
Buy and Sell
Biometrics
Text File,Wallet.dat
3
bitcoinwallet.com
3.5/5
7,531 reviews
Contact company for pricing
Buy and Sell
SMS,OTP
Wallet.dat
4
6
Edge
3.5/5
1,063 reviews
Contact company for pricing
Buy and Sell
Biometrics
Seed Phrase,Wallet.dat
5
1
Ledger
3.4/5
1,985 reviews
One-time payment
Buy and Sell
Physical Key,Biometrics
Wallet.dat
6
1
Opera
3.4/5
3,505 reviews
contact company for pricing
Buy and Sell
SMS,Biometrics
Wallet.dat
8
7
YouHodler
3.4/5
251 reviews
contact company for pricing
Buy and Sell
SMS,Biometrics
Seed Phrase,Wallet.dat
10
1
Freewallet
3.4/5
5,290 reviews
contact company for pricing
Buy and Sell
SMS,OTP
Seed Phrase,Wallet.dat
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Frequently Asked Questions
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What is a Bitcoin Wallet?
The best Bitcoin wallets facilitate Bitcoin transfers both on the sending and receiving end through the transferring of cryptographic information of Bitcoin addresses. The wallets help the owners gain full control of their cryptocurrency, allowing them to access it at any given time and place as long as they have access to the wallet. Most wallets sit at an affordable starting price, not exceeding $5 per month.
What are the benefits of having a Bitcoin Wallet?
Unlike centralized exchanges (crypto trading platforms), Bitcoin wallets are less of a target to hackers due to them being decentralized and encrypted. The main point of cryptocurrency is for it to be stored on the blockchain. In order to do so, owners will need a decentralized Bitcoin wallet.
Autonomous Control
The best anonymous Bitcoin wallet provides the user full autonomous control over their assets. Instead of placing their crypto on an exchange and relying on the security of that exchange, users can hold assets in their wallets only accessible through a secret code.
Direct Transactions
Instead of sending money through a centralized exchange the best Bitcoin wallet for Android and iPhone users allows you to send crypto directly to another address through a peer-to-peer basis.
Better Security
Unlike centralized exchanges, Bitcoin has had zero reports of hacks. The only way a hacker can steal your crypto is if they gain access to your private keys, which you can store on a physical piece of paper for better security. Even if hackers gain your code, the most secure Bitcoin wallet can’t be accessed without your password. Some wallets offer other features that increase the security of your holdings.
Who needs a Bitcoin Wallet?
Investors On The Go
The best iOS Bitcoin wallet allows you access from anywhere in the world as long as you have internet connection. As long as you have your phone with you at all times, you’ll be able to track the price action of your assets.
Investors Engaged In Transactions Where Anonymity Is Important
The best Bitcoin wallet for online gambling allows you to hide your transactions. Although this is not 100% untraceable, this allows you a secondary level of security if you are not comfortable revealing your identity.
Long-Term Holders
Unless you’re into staking, the best place to hold your Bitcoin is where only you have the power to reach it. There have been multiple exchange hacks where attackers were able to steal crypto through the platform but there have only been a handful of successful phishing attempts where users lose their crypto through revealing their secret code.