Which Electronic Wallet is the Best?

There are continuous list of options. Before you choose a wallet, you should formulate how you are going to use it.

Do you need an electronic wallet for daily use, just for digital currencies or for buying and keeping investments?

Are you going to use many currencies or only one?

Do you need to use wallet from any place or just from home?

Give some time to define your requirements and then select a wallet that meets them better.

Before we start, you should know that CryptoZ uses Exodus's wallet because of the features it has. Now we would like to introduce some of the popular wallet features so that you can decide which ones are best for you.

Bread Wallet

Wallet is a simple mobile bitcoin digital wallet that makes sending bitcoin as simple as sending an email. You can download the wallet from the App Store or Google Play. Bread Wallet offers a stand-alone client so that there is no server that you use when sending or receiving bitcoins. This means that users can fully control cash at any time. Overall, Bread Wallet's easy-to-use interface, simple design and security enhancement makes the app safer, quicker and more enjoyable for beginners and experienced users.

Advantages: High quality confidentiality and security, customized, easy and orderly, open source software, free.

Disadvantages: The lack of desktop and network interface, lacking features, hot wallet.

https://breadapp.com/

Mycelium

Experienced users who are looking for Bitcoin's mobile digital wallet, do not go far beyond Mycelium. Mycelium mobile wallet allows iPhone and Android users to send and receive bitcoins and control them completely. No third party can freeze or loose your money! Because of the quality of security of the enterprise that is above the other apps and features like cold storage and coded PDF Reserves, integrated QR code scanner, local exchange market and protected conversation, it is easy to understand why mycelium is one of the best wallet on the market.

Advantages: High quality confidentiality, advanced security, many features, free software, free.

Disadvantages: The absence of desktop and network interface, hot wallet, is not fit for starters.

Exodus

is a new and foreign digital wallet that is available only on desktop. It gives you the ability to transfer and store Bitcoin, Ether, Litecoin, Dogecoin, Dash and other currencies with a very simple, intuitive and beautiful interface. Exodus also offers a simple guide to wallets. The most important thing in Exodus is that it has a built-in conversion, which allows you to replace altcoins in bitcoins and vice versa so that you can not go to the bottom while performing this operation.

Advantages: High quality confidentiality and security, customized, intuitive, easy-to-use, ability to swap inside wallet, supports several currencies, open source software.

Disadvantages: Hot wallet, lack of network and mobile application interface.

Copay

Created by BitPay, Copay is the best electronic wallet on the market. If you are looking for convenience, Copay is easily accessible with a customized desktop, cell phone and on-line interface. The best thing about Copay is that it's a multi-signature wallet so you can share cash with friends or business partners. Overall, Copay has something for everyone. It's easy enough for beginners but has high quality features for experienced users.

Advantages: High quality confidentiality and security, multi-signature transactions, several platforms and devices, several storage of wallet, openers, open source software, free.

Disadvantages: can be slow and get frozen, the number of limited users.

Jaxx

Jaxx is a multi-currency wallet for Ether Classic, Dash, Dao, Litecoin, Rap, Zcash, Rootstock and Bitcoin. Jaxx was created for easy use of bitcoin and Ethereum. It is available on various platforms (Windows, Linux, Chrome, Firefox, OSX, Android mobile and tablet, iOS mobile and tablet) and links to websites with Firefox and Chrome. Jaxx can exchange bitcoin, ether and Dao tokens inside the wallet and can download the Ethereum paper wallet. With the diversity of features and the ever-growing relationship with new currencies, Jaxx is an ideal choice for those who need multi-currency wallet.

Advantages: High quality confidentiality and security, connecting wallet with several platforms, great diversity of features, customizable, free.

Disadvantages: can be slow.

Armory

is an open source bitcoin desktop wallet. It's ideal for experienced users who focus on security. Some of the features of Armory include cold storage, multi-signature transactions, one-time stabilized reserves, several wallets, key import, key sweeping and others. Even though Armory takes a little time before you understand it and use its potential, it is the best choice for experienced customers who want to protect their cash.

Advantages: High quality confidentiality, very strong protection, multi-signature functions, solid cold storage functions, free.

Disadvantages: Has only desktop app, is not fit for starters.

Trezor

Trezor is a "hardware" bitcoin wallet that is ideal for storing large amount of bitcoins. Trezor is resistant to computer viruses and never unveils your personal keys, which makes it as safe as traditional, paper money. Trezor is an open source and transparent wallet with all technical decisions that benefit from a broader public consultation. It's easy to use, has an intuitive interface and is compatible with Windows, OS X and Linux. One of Trezor's disadvantages is that the wallet should be with you to send Bitcoin. This makes Trezor the best choice for passive savings, investors, or the people who want to keep a large number of Bitcoins safe.

Advantages: High quality confidentiality and security, easy-to-use interface, built-in screen, open software, customized starters.

Disadvantages: worth $ 99, you must have a device in order to get bitcoins.

Ledger Nano

Ledger Nano is a new hierarchical, determined, multi-signature device for the bitcoin users who aim to reduce the risk of hacking by using the second layer of security. This technically severe description does not mean anything for the average user, so I'll try to explain the specifics. Ledger Nano is a compact USB device based on a smart card. It's about a smaller size flash drive, weighs 39 x 13 x 4 mm and 5.9 grams.

Advantages: The screen / device is protected by a metal cover, multi-currency wallet, third party application works from the device, with U2F support, not too expensive (about $ 65).

Disadvantages: No developed wallet program (without marking transaction), impossible to open a hidden account, unable to manage password.

Green Adrress

The green address is costumer friendly bitcoin wallet that is an ideal choice for beginners. Green Address is accessible via desktop, online or mobile. The app is available for Chrome, iOS, and Android. The features include multi-signature addresses and double-figure identification for high quality security, paper bag reserve and instant transaction confirmation. The negative side is that Green Address must confirm all payments so you do not have full control over your expenses.

Advantages: solid security, multi-platform and device, multi-signature, customized opener, open source software, free.

Disadvantages: Hot wallet, medium confidentiality, third party must confirm all transactions.

Blockchain Info

Blockchain is the most popular bitcoin wallet. The wallet can be accessed from any browser and smartphone. Blockchain.Info generates two different additional layers. For browser versions, users can set up a double-detect recognition when the mobile users are able to activate the pin-code every time the wallet is opened. Although the wallet is stored online and all transactions will need to go through the company's servers, Blockchain.Info can not access your personal keys. Overall, this is a widely recognized company that has acquired trust in bitcoin society and creates a solid wallet for your currency.

Advantages: High quality security, easy-to-use web and cellular interface, a well-known and reliable company, tailored to start-ups, free.

Disadvantages: Hot wallet, weak confidentiality, confidence of the third person is necessary, the technical flaws are reported.

Thanks for looking in,

@crypto-z / www.cryptoz.ge