What Are the Best Bitcoin Wallet Options – Three Premium Choices for Canadians

What Are the Best Bitcoin Wallet Options – Three Premium Choices for Canadians

When dealing with bitcoins, one of the most important decisions that you will have to make is what kind of wallet you are going to use. Without that wallet, you won’t be able to receive your purchased coins, so it is actually the very first step that you need to make when working with bitcoins. Luckily, there are a lot of different options out there that cover different kinds of wallets, and in this article we will introduce you to some of those options, so keep on reading if you want to find the right bitcoin wallet for you.

Green Address

If you are looking for a great online option, then Green Address is a great one. It is pretty simple and easy to install, set up and use which makes it perfect for beginners. It is also a multisig web wallet and the app for it is available on iOS, Android as well as Chrome, so you will be able to use it regardless of the device that you are using.

Breadwallet

If you have an Android phone, then this is a great bitcoin wallet option for you. This is a mobile wallet and is actually one that started out as the most popular choice for iPhone users, but because of its popularity, it has made its way onto Android as well. This is an option that is incredibly simplistic and it’s very easy to use. It is also pretty secure, which means that it is a great place to start for any user that is a beginner.

Ledger Nano

If you are looking for a hardware wallet, then this is a great option to consider. This particular wallet is a smartcard-based one and all of the private keys are generated offline in the very secure environment of the smart card. The Nano wallet can be set up with the Ledger app that can be downloaded on Chrome. One of the best features about these kinds of wallets is the fact that they are very secure and from the second that you set it up, you will get a 24-word seed that you should back offline by simply writing it down. If something happens and the wallet is stolen or damaged in some way, that seed is the very thing that will help you recreate it so it is very important and you keep it safe. You can use this wallet on any computer or an Android phone.

 When you look at all of the available wallet options out there, it can seem like they are all the same. And while all of them do serve a similar purpose, there are definitely things that make each wallet stand out and different from the other ones. So make sure to keep the options we have given you in mind when looking for the perfect bitcoin wallet, and you will surely find the right one for you in no time.

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