It is something that only the brave– and quite honestly, only for those who got the nerve to invest in volatile environments. And while it is true that cryptocurrencies are still pretty much volatile, the technology, as well as the infrastructure behind this phenomenon has improved so much. So much so that you can trade, buy, and sell cryptocurrencies through mobile apps now!
In this day and age where we are tied to our smartphones, taking advantage of how we spend our time making better choices like trading while gaming is a smart decision. This generation isn’t about stability, it’s about lived experiences, and that alone makes for an excellent environment to cater to cryptocurrencies. In this article, we’ve collated three of the best bitcoin wallets you can download right now:
When we talk about trading, buying, selling, even mining Bitcoin, there’s no other wallet in the world right now that offers the convenience and platform that Coinbase does. It’s one of the best Bitcoin wallets, bar none. There’s just easiness and straightforwardness in the way the software deals with cryptocurrencies, and it’s refreshing to see that it continually adds support for new types of cryptocurrencies.
One of the best features of Coinbase is that you can add and connect a US bank account to it. This changes everything, as this means that your Bitcoins, or whatever cryptocurrency you are dealing and trading, can be transferred to your savings or checking account in mere minutes. It’s an unprecedented leap and a success for cryptocurrencies everywhere, not to mention the fact that FDIC covers users!
Exodus is a fairly new wallet, but it has had quite a number of subscribers because of its streamlined approach to cryptocurrency storage. Like most wallets, it has a built-in exchange function, and it’s both available for computer and smartphone trading. It’s a hot wallet that’s compatible with other hardware wallets like Trezor, so users can readily access better security for their mined cryptocurrency.
The simplicity of the software makes it very attractive not just for beginners but for people who ultimately want to have a great experience in storing their coins. It’s not the most open of wallet resources, though, so you may find this disappointing if you are an advanced user of wallets. The customer support for the software is excellent, so that’s a plus!
Trezor knows a thing or two about how to effectively and securely store cryptocurrencies. Trezor is a hardware wallet, which means that it takes the security of coins pretty seriously. A secure connection to the software is what sets Trezor apart when compared to its contemporaries. There is a range of Trezor hardware you can use, but the starter $55 ones should do it if you’re a beginner.
If you have a lot more to spend, the high-end $500 Trezor hardware should do you good. You can use the Trezor on both computer and smartphone. Expect a pretty tight multi-factor authentication system, and there is quite the process before you can successfully login to your account. A trick of the trade: secure your passwords so that you won’t have problems in the future!
The future of our financial system may or may not be cryptocurrencies, but that doesn’t mean you can’t do anything about it because you don’t have enough knowledge of trading it. All of the best traders, miners, buyers, and sellers of cryptocurrencies are once clueless about the technology, so learn the trade and get rich by adhering to it!