Bitcoin wallet stores the information necessary to transact bitcoins. Every Bitcoin wallet contains one or more private keys, which are saved in the wallet file. A private key in the context of Bitcoin is a secret number that allows bitcoins to be spent. Private key is like a password which guarantee safety of your coins.
Types of Wallets
There are many different ways to use Bitcoin and so there are many different types of wallets:
- Online bitcoin wallets. Wallets that can be accessed on the web from any internet connected device.
- Software wallets. Wallet applications downloaded to your phone, computer or tablet.
- Bitcoin hardware wallets. Physical devices designed to secure bitcoins.
- Paper wallets. Bitcoin private keys printed from an offline computer.
Blokchain.info is the most popular bitcoin wallet. It’s very easy to use and you have full control of your coins, because Blockchain.info gives you your private keys, it means that your coins are safe. They also have apps for Android and iOS.
Coinbase.com is very popular bitcoin wallet which allows to send bitcoins without any fees. On Coinbas you also canbuy or sell bitcoins easily. Coinbase company based in San Francisco, California. Coinbase known as very sfe wallet. They also have apps for Android and iOS.
Xapo.com – Xapo is a Switzerland-based company that provides a bitcoin wallet combined with a cold storage vault and a bitcoin-based debit card. Xapo also allows to send bitcoins without fees. They also have apps for Android and iOS.
Bitcoin Core – Bitcoin Core is the “official” Bitcoin client and wallet, though isn’t used by many due to slow speeds and a lack of features. Bitcoin Core, however, is a full node, meaning it helps verify and transmit other Bitcoin transactions across the network and stores a copy of the entire blockchain. This offers better privacy since Core doesn’t have to rely on data from external servers or other peers on the network.
Electrum is a most popular desktop bitcoin wallet. It’s easy to use, works fast and don’t use much computer resources.
Mycelium is the most popular bitcoin wallet among Android users. Safe and easy to use.
Bitcoin Wallet – was the first Bitcoin wallet for Android. It’s simple, easy to backup, and connects directly to the Bitcoin network.
GreenBits is GreenAddress bitcoin wallet version for Android users.
Breadwallet is most popular and safest wallet for iOS users.
Hardware wallets is the safest place to keep bitcoins. Bitcoins can’t be stolen or wallet can’t be hacked. But these wallets is quite expensive.
Ledgerwallet – they provides 3 types of wallets. It looks like simple USB key, but it’s very safe to use.
Trezor – is known as safest place to keep coins. But Trezor wallet is expensive, now it costs $99.
Copay – is a Bitcoin wallet by Bitpay and available on iOS, Android, Windows Phone, Linux, Max OS X, and Windows. Because Copay is available on multiple platforms, it’s easy to use the same wallet or accounts across multiple devices.
You also can find information abouut all recommended bitcoin wallets ar Bitcoin.org.