• Best Bitcoin Wallets For Mac



    Have you checked the price of bitcoin lately? It's nowhere near what its peak was, but over the past month, it has been climbing. As of this writing, one BTC is worth $8,239.13.

    Best Bitcoin Desktop Wallets for Mac, Windows & Linux 2018 The domain of cryptocurrencies has seen a huge jump in these past few years. Within the span of the last decade, we have seen the rapid rise and fall and subsequent rise of the Bitcoin, which further gave birth to the phenomena that cryptocurrencies seem to have become today. These are currently the best bitcoin wallets for Mac and for other crypto currencies too. If you’re wondering why Coinbase is not on here it’s because it doesn’t have a Mac desktop app yet – it’s only available on mobile.

    So perhaps you've seen this and are interested in learning how to buy bitcoin. The most important thing you'll need for owning bitcoins is a bitcoin wallet. Because bitcoin is an intangible asset and not a physical form of currency, fittingly, bitcoin wallets are not the usual wallet you keep in your pockets. A bitcoin wallet is a series of keys - one public, one private. These keys verify both buyer and seller for a bitcoin purchase, and the transaction is made entirely through blockchain technology.

    Bitcoin has been around longer than you may realize, and bitcoin wallets have progressed and taken on several different forms as a result. In 2018, what are some of the best wallets for prospective owners to use?

    Best Software Bitcoin Wallets

    Software wallets are used to store your private key on your desktop. That can make one an inherently risky choice - what if you get a computer virus, or get hacked? Your information is exposed, and that hacker could potentially take your bitcoins from you. As a result, there's work required on your end for keeping your computer as safe as possible, making antivirus and antimalware programs necessary.

    It also helps that as opposed to hardware wallets, you generally don't have to purchase a software bitcoin wallet; you just need to download it.

    Here are some of the best software bitcoin wallets to look into:

    Best Bitcoin Wallets For Mac

    1. Electrum

    Best Bitcoin Wallets For Mac

    Electrum is available for Windows, Mac and Linux, as well as Android. Originally created in 2011, one of Electrums' biggest benefits over other software wallets is that its servers index the blockchain instead of downloading the entire bitcoin blockchain, making it a much quicker and smaller download. Electrum also offers a number of safeguards for your bitcoins, including a cold storage that lets you keep your bitcoins stored offline and a 'seed' that lets you recover your bitcoins should something happen (hacking, computer corruption, etc.)

    2. Copay

    Copay also sells itself as a particularly secure software wallet, an open source multisig wallet (multisig means it requires multiple signatures for a bitcoin transaction; Electrum also needs multiple signatures). One of Copay's most intriguing selling points is its ability to hold multiple bitcoin wallets. Those with different wallets for separate purposes or who want to hold wallets for family members would be wise to look into Copay to keep them in one place. Copay is available for Windows, Mac and Linux on desktop, as well as iOS and Android for mobile users.

    3. Exodus

    Exodus is available specifically through desktop only, and isn't multisig. What it does offer, though, is a great aesthetic, simple design and the ability to support dozens and dozens of different cryptocurrencies beyond bitcoin, including Ethereum, Litecoin and Zcash. Exodus is also attached to its own exchange that allows for the purchase of all these cryptocurrencies - over 85, according to its website. Its vision is an accessible one-stop shop for crypto for people who may be beginners.

    Best Hardware Bitcoin Wallets

    Hardware wallets are among the safest types of bitcoin wallets out there. Once you've purchased them and the transfer has gone through, they are now safely stored in the hardware, and as long as it's not connected to a computer, those bitcoins are safely stored offline. You just have to keep the hardware from getting stolen.

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    That kind of security can give you peace of mind, but it's also going to cost you in a way that the software wallets won't. If you want that safety for your bitcoins, plan on making them a long-term investment, and have the funds for one, a hardware wallet could be perfect for you.

    These are the two finest brands for hardware bitcoin wallets: Ledger and Trezor.

    1. Ledger

    Ledger has a couple of options for cryptocurrency enthusiasts. The Ledger Blue is a handheld touch screen hardware wallet with capabilities for apps, as well as a secure PIN code that resets if the user gets it wrong 3 consecutive times. The Ledger Nano S is a smaller wallet that easily connects to the computer and lets you confirm transactions. The Nano S also requires a PIN code, and costs less than the Ledger Blue. Both allow storage of multiple cryptocurrencies.

    2. Trezor

    Trezor claims that its wallets can support over 500 types of cryptocurrencies, including Bitcoin, Ethereum, Dash and Bitcoin Cash. The Trezor One is USB compatible with Windows, Mac and Linux OS. The more expensive Trezor Model T boasts a more impressive CPU, sleeker look and recovery seeds that make it easier for creating a backup in case you need to recover your bitcoins in an emergency.

    Best Mobile & Online Bitcoin Wallets

    Unless you're mining bitcoins, you're likely purchasing them from a bitcoin exchange. On occasion, some notable bitcoin exchanges will also create a wallet to make themselves an entire bitcoin experience - similar to what the aforementioned Exodus does.

    Online wallets, though, bring you all the safety risks of a software wallet. Their strength lies more in their convenience, as most will also have a mobile wallet you can use. A safe, reliable mobile app can make buying bitcoin quick and simple.

    Do your full research on bitcoin wallet apps just as you would any cryptocurrency-related app. Bitcoin scams run rampant, taking advantage of those who are curious but unknowledgeable. Google and Apple have done what they can to remove dangerous crypto-mining apps from their app stores, but you'll need to do your part to mitigate the risk.

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    Here are some of the best mobile and online bitcoin wallets.

    1. Mycelium

    Available for Android and iPhone, Mycelium is one of the most widely praised bitcoin wallet apps on the market. Their website claims the wallet offers 'bank grade security,' but perhaps the most crucial element of their security is its integration with hardware wallet brands like Trezor and Ledger. Mycelium also allows users to sell or trade bitcoins, and its open source code allows for transparency.

    2. GreenAddress

    GreenAddress comes in different forms. It's available for the major computer operating systems, Android and iOS. On Android, it's known as GreenBits. GreenBits and GreenAddress also support hardware wallets, allow for a backup, and provide two-factor authentication to help for a safe and secure transaction.

    Best Paper Bitcoin Wallets

    A paper wallet is exactly what it sounds like. It is all the information you need to buy, sell and store bitcoin on a single piece of paper. Scan the QR code on the paper for an online or mobile wallet, and you've made your purchase without needing to store your info on a potentially dangerous server.

    Any danger here comes from you; make sure you don't lose it, lest it fall into the wrong hands. Beyond that, however, paper wallets allow for cold (offline) storage in a way that other wallets simply do not. It doesn't require connecting anything to a computer or mobile device. If you're looking for the most security you can find in a bitcoin wallet, it's hard to get safer than this.

    A Bitcoin wallet is a device used to access funds on the Bitcoin blockchain. These wallets possess unique data that unlocks the owned Bitcoins and allows them to be used when making a purchase or when converting them into cash either through an online exchange or a Bitcoin ATM.

    The Two Types of Bitcoin Wallets

    • Software wallets
      Essentially programs or apps that can be run on a smartphone or computer. These are usually very easy to use but are potentially vulnerable if the device they're on is compromised or hacked. Software wallets are usually used for making smaller transactions when shopping both online and offline with Bitcoin.
    • Hardware wallets
      These are actual physical devices that run their own wallet software but are significantly more secure than purely software-based wallets as they require the manual pressing of their buttons to confirm transactions. This manual input requirement makes hardware wallets much harder to hack and is why they're often used to secure large amounts of Bitcoin and other cryptocurrencies.

    Here are the seven best Bitcoin wallets worth checking out.

    Bitcoin Wallet For Desktop

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    Ledger Nano S (Hardware Wallet)

    The Ledger Nano S is one of the most-popular hardware wallets on the market. This wallet supports Bitcoin, Litecoin, Ethereum, Ripple, Dash, Dogecoin, Neo, and Zcash in addition to a large and growing number of lesser-known altcoins. All transactions with the Ledger Nano S require the manual input of a four-digit PIN code via the hardware buttons and the device is malware-proof, making it very secure against hacking.

    Coinbase

    In addition to its own first-party apps, the Ledger Nano S also supports a range of software wallets like Copay and Electrum which means that this hardware wallet can be used to add an extra layer of security to software wallet transactions. Measuring 60mm in length and encased in a brushed stainless steel shell, the Ledger Nano S is both a secure and stylish option for those looking for a quality Bitcoin (or altcoin) hardware wallet.

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    Ledger Blue (Hardware Wallet)

    The Ledger Blue features all of the security of the Ledger Nano S but is much more user-friendly due to its built-in color touchscreen which can be used to open and use apps on the device itself. Managing transactions is much easier and faster on the Ledger Blue than the Ledger Nano S. The setup process has also been streamlined due to the touchscreen navigation.

    The Ledger Blue is a good hardware wallet option for those who aren't particularly tech savvy or who have less-than-perfect eyesight.

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    Trezor (Hardware Wallet)

    Ledger's range of hardware wallets may be number one but the Trezor is a very close second. The Trezor hardware wallet supports Bitcoin, Litecoin, Ethereum, Dash, Dogecoin, Zcash, and several others while also allowing for integration with third-party software wallet ups like Electrum and Copay.

    Transactions made with the Trezor wallet require confirmation via the device's hardware buttons and there is also added support for 2-factor authentication for an extra layer of security.

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    Exodus (Software Wallet)

    Exodus is a free software wallet that runs on both Windows and Mac computers. It supports one of the largest collections of cryptocurrencies and features a clean, easy-to-understand visual design that clearly lists transactions and a user's entire crypto portfolio.

    One of the best features of Exodus is its built-in ShapeShift feature which allows users to convert one cryptocurrency into another with the push of a button and without leaving the program. This is one of the easiest ways to buy cryptocoins not supported by services like Coinbase. Want to buy some Dash? Simply exchange some Bitcoin for it within Exodus.

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    Electrum (Software Wallet)

    The Electrum wallet is one of the oldest software wallets, having been around since 2011. Electrum is available to download for free on Windows, Mac, and Linux computers. There's also an Electrum Android app which can be downloaded from the Google Play Store for Android smartphones and tablets.

    This software wallet is limited to just Bitcoin however it is a very solid Bitcoin wallet solution which receives frequent updates and a lot of support.

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    Coinbase (Software Wallet)

    Coinbase is a massively-popular service for buying and selling Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. Most people use the Coinbase website for the buying and selling of crypto however their official smartphone apps are also incredibly functional and worth checking out.

    The official Coinbase apps, which are available to download for iOS and Android devices for free, allow users to log into their Coinbase accounts and manage their funds. Users can buy and sell Bitcoin and other cryptocurrencies all within the apps and they can also function as software wallets for sending and receiving payments when making purchases online and in person at real-world stores.

    Best Bitcoin Wallets For Beginners

    Coinbase in general is a great option for those new to Bitcoin and cryptocurrency and their apps provide a convenient way to use cryptocoins without having to invest in another service.

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    Bitpay (Software Wallet)

    Best Bitcoin Wallet For Desktop

    Bitpay is one of the largest consumer-focused companies in the Bitcoin space. They assist businesses with accepting Bitcoin payments and also provide users with their own Bitpay debit card which can be loaded up with bitcoin for making traditional payments via the VISA network.

    Best Bitcoin Wallets For Mac

    The official Bitpay smartphone apps can be used to manage the Bitpay Card but they also can be used as software wallets for storing, sending, and receiving Bitcoin. These apps are completely free and are available on iOS, Android, Windows Phone, Linux, Mac, and Windows PCs.