What is the Best Bitcoin Wallet App?
If you are searching for what is the best crypto wallet app or what is the best e wallet for cryptocurrency, you have come to the right page. A Bitcoin wallet app is a software application that stores your BTCs. It is easy to use and reliable. You can keep this software on your desktop computer, laptop, mobile, or all of them. As Bitcoins don’t have any physical existence, you can’t store them anywhere except in specialized software such as these cryptocurrency wallets.
Bitcoin wallet apps are of two types: hot wallets and cold wallets. Hot wallets are usually available free of cost and are also easy to use or access. These wallets are comparatively less secured than hot wallets. Cold wallets, on the other hand, are the most secured wallet types. Both hardware wallets and paper wallets are considered cold wallets. The most popular hardware wallets include Trezor models and Ledger Nano models.
In this guide, I’ve handpicked some of the best phone and desktop apps that keep your Bitcoin and other cryptos secure and safe.
Top 5 Best Bitcoin Wallet Apps
Coinbase Crypto Wallet App
Coinbase cryptocurrency wallet helps you to buy, sell, transfer, and store cryptos safely and securely. It offers an offline storage facility, enabling you to securely store a wide array of digital currencies. You can receive support from Coinbase wallet in over 100 countries. Store Bitcoin and send receive them easily with the help of Coinbase’s crypto apps.
What’s so Special?
- In addition to storing your digital currencies securely, you can also buy and sell cryptos. This allows you to keep track of all your cryptocurrencies in one place.
- The Coinbase wallet app is available for both iOS and Android devices.
- You can schedule your cryptocurrency trading schedule on a daily/weekly/monthly basis on cryptocurrency exchange with the help of these wallet apps.
- For providing your bought coins maximum safety, this digital wallet stores your funds in a vault.
- Coinbase is the largest cryptocurrency exchange in the United States.
Binance Chain (BNB) Wallet
Binance, known as one of the best and largest platforms in the cryptocurrency world, offers your Bitcoin wallet facility. It offers you to trade and store over 150 cryptocurrencies. Binance Chain (BNB) Wallet provides you an API, which enables integration of the current trading application.
What’s so Special?
- BNB wallet is one of the safest BTC wallets currently, providing you with a 24/7 support facility.
- This wallet app is compatible with a wide range of platforms including desktop computers, web, iOS, and Android.
- This platform, known as one of the major crypto trading platforms in the world, offers its users both basic and advanced exchange interfaces for trading.
- Around 1.2 billion daily trading volumes and over 1,400,000 transactions per second take place on the Binance exchange.
- A wide array of tools are offered by the platform for online trading.
This is one of the most secure offline wallet apps available currently. You can easily plug this hardware wallet into your smartphone, desktop, and laptop computers by using a USB port. The random generation of pin code helps in keeping your device secure and safe. The two most popular and secure Trezor hardware wallets are Trezor Model T and Trezor Model One. You can buy BTC from your preferred cryptocurrency exchange and store BTC BCH and other cryptos.
What’s so Special?
- This offline store device provides you with the highest possible security level.
- Support is offered to over 1,000 cryptocurrencies.
- The touchscreen is easy to use.
- Trezor is very simple to use.
- Windows, Mac OS X, and Linux platforms are supported.
BlockFi is basically a trading platform that helps you to buy, sell, and exchange cryptocurrencies in a hassle-free way. By staking your bought Bitcoin and altcoins, you can earn money with the help of BlockFi. No minimum balance requirement is there for using this site.
What’s so Special?
- It can be accessed with both iOS and Android devices.
- Hassle-free account opening facility.
- No hidden costs associated with trading.
- Trade cryptos with just one click.
- When you sign up with BlockFi and transfer your bought digital currencies to a BlockFi Interest Account, you can earn up to US$250 worth of BTC absolutely free.
PointPay Banking Wallet
It is the first of its kind digital currency banking wallet. It helps you to store over 10 popular digital currencies and also earn daily interest in deposits in cryptos. With PointPay Banking Wallet, a user can earn up to 30% annually.
What’s so Special?
- The facility of storing and earning daily interest on cryptocurrency deposits.
- For receiving a higher rate of interest on your deposits, purchase PointPay tokens (PXP).
- Bitcoin and other digital currencies can be bought and sold easily with Apple Pay, bank transfer, SEPA, debit cards, and credit cards.
- PointPay Banking Wallet enables its users in taking out instant crypto loans.
- You can download the PointPay Banking App on both Android and iOS devices.
Other Best Bitcoin Wallets
Besides these top 5 best BTC wallet apps, there are many other good options available too. Some of them are also given below
- Paxful Wallet
- Bybit Wallet
- Wirex Wallet
- Blockchain Wallet
- Exodus Wallet
- Atomic Wallet
What are the factors that you should look for in a Crypto Wallet?
When choosing a cryptocurrency wallet, you should look for the following factors:
- Usage: For buying and holding digital coins for the long run, try choosing a hardware wallet app.
- Two-Factor Authentication (2FA): It verifies the identity of the user while logging into the wallet. Even if a hacker or phisher cracks your password, they would still need the second level of authentication. In most cases, the second level of authentications requires the input of a verification code that is sent to your mobile. Access to the wallet will be granted only when both these two levels are done successfully. This makes those crypto wallets highly secure.
- Multi-Signature Support: Multi-signature support increases the security of the wallet because it requires multiple keys before access is granted. This is especially helpful in multi-partner businesses. In fact, this facility also prevents one partner from spending/transferring the funds without consulting other partners.
Other factors that you should check are:
- Multi-currency storage facility against single digital currency support
- Availability of QR Code Scanner.
- Backup Option
Choose Cryptocurrency Trading Bots?
- Cryptocurrency Trading Robots automatically scan the market in real-time and trades for you. They run 24/7, which means that you can keep earning your passive income even when you are sleeping. This gives you an edge over other investors as it enables the bot to book profits on your behalf when other investors are sleeping.
- Smart crypto investors always remain prepared to get the best of a big market move. They don’t wake up suddenly. To remain alert round the clock, they use cryptocurrency trading bots so that they don’t miss any big market movement.
NapBots.com is a Trading Bot, cloud-based platform, on which you can connect to major exchanges such as Binance, Bitmex, Bitfinex, OKEX, Kraken, Bitstamp, and Bitpanda.
The best thing about the Napbots trading software is that you don’t have to monitor charts and candles to predict your next move. Any novice trader with zero skills can also start trading like a pro and earn money with this unique trading tool. Let Napbots take full control over your trades in just a few clicks. Now, sit back and enjoy earning money.
You may also check “Napbots Review – Simple Way To Increase Your Crypto Returns” before taking the plunge.
Cryptocurrency Trading Bots: Reality Check!
- Are there any risks associated with Crypto Trading Bots?
Yes, there are certain risks associated with cryptocurrency trading bots. Let’s check them out:
- Cryptocurrency Trading Bots are not Human
They are AI algorithms, which involve lines of codes and machine learning. After all, it’s a computer program. As an investor, you must be aware of this fact. When you are going for autopilot, you must know that you are allowing an AI machine learning tool to handle your crypto exchange account. Therefore, you should use an automated trading bot accordingly.
- Cryptocurrency Robots is not a “Sell it and Forget It” type of Trading Instrument
Usually, it has been seen that investors tend to put crypto bots on autopilot and forget. They get passive. However, to get the best return, always remain on top of affairs. You must tweak bots as per the market condition, which usually changes multiple times in a day.
- Online Hacking may take place just like any other Online Resource
Online hackers may hack into your account to siphon off your Bitcoin and other cryptocurrencies. So, always try to keep funds divided among various cryptocurrency exchanges for limiting your exposure to hacking risks.
- All Cryptocurrency Robots are not the Same
All crypto bots are not reliable. So, you must be prudent while choosing the right crypto trading platform. Always do proper research while choosing a crypto bot. It is advised to work only with reputed crypto bot providers and exchanges such as NapBots.
Is there any Risk associated with NapBots?
Though NapBots has a proven record of providing great returns to investors, it doesn’t guarantee profit all the time. It can provide you astonishing returns with hourly strategies. As the crypto market is very volatile, you should expect to see losses from time to time too. If you’re not ready for that, you shouldn’t get into crypto trading in the first place.
If you are a novice in the cryptocurrency market, you can put your cryptocurrency trading on autopilot, get excellent ROI, and keep earning your passive income round the clock, even when you are sleeping. However, always keep in mind that NapBots is not a get-rich-quick scheme. Please check the Reviews on NapBots.
What’s so special about NapBots?
NapBots crypto trading software is special because it comes with:
- A unique trading algorithm that processes market data for you
- A unique crypto trading bot library so that you can create your own mix of trading strategies
- Autopilot mode that enables you to automate trading 24×7
- An easy-to-use interface so that you can copy the proven strategies of NapBots to make successful trades and make money
How does NapBots help you to Make Money?
With NapBots, you can enjoy financial independence by trading cryptocurrencies on autopilot mode and earn money automatically. To make it work on your behalf, you have to do the following:
Step #1: Connect to one of the available trust exchanges.
Step #2: Select from the unique list of performing Bots of NapBots
Step #3: Choose a plan that suits your investment style
Once you have completed these three steps, NapBots is ready to trade cryptos and earn money for you. Happy Trading!
Why Choose NapBots?
- NapBots offers complete trading automation solutions through the use of its own tested trading strategies; offering quantitative trading strategies previously reserved for hedge funds to the public.
- The setup and installation process are easy. So, the non-experts can also use it. The simple and special approach of NapBots helps it provide you with excellent ROI. To know more, please check “Napbots Review – Simple Way To Increase Your Crypto Returns”.
- The team of professionals behind NapBots has extensive experience in the financial market. They have put their years of experience in place so that you can easily automate the management of your funds with no technical skills. This service can run 24/7 and work as your passive source of revenue even when you sleep.
Pricing is simple and there are no setup fees. 1 WEEK FREE TRIAL !
Are You Ready To Start Automating Your Passive Income Now?