Either you want to buy or sell bitcoin, first step will be to get a bitcoin wallet. A Bitcoin wallet is basically the Bitcoin equivalent of a bank account which allows you to store, receive and send bitcoin at your convenience.
A Bitcoin wallet can be an app, website, or device that manages Bitcoin private keys for you. In this article, we'll be taking a look at the top 5 best bitcoin wallet use in storing and saving bitcoins.
With this increase adoption of bitcoin and blockchain technology in Nigeria, it has become very paramount to safeguard your bitcoin asset with utmost care.
The bitcoin wallets listed below, are well adapted to the Nigeria market and also supports other cryptocurrencies.
1. Blockchain Wallet
The Blockchain wallet is one of the most secure and reliable Bitcoin wallets in the world. Founded in August 2011, the wallet is one of the oldest and most reliable in the cryptocurrency space.
The company is headquartered in Luxembourg. Besides bitcoin, blockchain wallet also supports ethereum and bitcoin cash.
Coinbase Wallet is the easiest and most secure cryptocurrency wallet. The app helps you keep all your digital assets in one place, use decentralized apps and make cryptocurrency payments with ease.
With Coinbase Wallet, your private keys are secured using your device’s Secure Enclave and bio-metric authentication technology.
3. Luno Wallet
Luno Bitcoin Wallet, formerly known as BitX works as a wallet and also helps users transacts in their home countries. Luno is in more than 40 countries across Europe, Southeast Asia and Africa.
Luno makes it safe and easy to buy, store and trade cryptocurrencies like bitcoin and ethereum. One major advantage of Luno is the ability to allow direct fiat currency transactions to Bitcoin and Vice-versa.
4. Coinomi Wallet
Coinomi is a security-first, multi-chain wallet for both mobile & desktop that provides native support for over 125 blockchain. The wallet was founded in 2014 and is one of the oldest and reputed wallets with over a hundred thousand users worldwide.
With Coinomi wallet, you can securely store, manage, and exchange Bitcoin, Ethereum and over 1770 Tokens & Altcoins.
5. BitPay Wallet
Bitpay is a cryptocurrency payment processing company based in Atlanta, Georgia and was established in 2011.
This wallet allows you to convert bitcoins to fiat and buy items with bitcoin. Bitpay provides visa card to its users which can be used to withdraw cash from any ATM that accepts cryptocurrency around the world.
These are the 5 best bitcoin wallet you can definitely start with if you're just getting started with bitcoin and need a bitcoin wallet.
If you have any experience using any of the bitcoin wallet mentioned below, kindly share it in the comment section below. Also drop a comment if there is any wallet you feel deserves to be on this list.