Like conventional currencies, digital currencies also need a “wallet”. Bitcoin, for example, this digital currency also requires Bitcoin wallet.
The wallet functions to store all Bitcoin information in digital form, as well as to validate every transaction with Bitcoin.
When choosing a digital wallet for Bitcoin, make sure you choose the best and the safest one, which is registered with BAPPEBTI.
Choose a secure wallet and credible is a very important step, especially in the world of investment cryptocurrency.
Here are various choices of the best wallets, complete with information on the advantages and disadvantages:
First, this wallet has reliable security.
You can use Indodax to store Bitcoin and other currencies crypto other.
For more details, here is a table of advantages and disadvantages of Indodax:
|Advantages of Indodax||Weaknesses of Indodax|
|Tangible application that is easy to use.|
|Has a good level of security.|
Furthermore, the Trezor name is also widely recognized as one of the most secure wallet options.
This wallet has a physical form that looks like a USB drive. In addition, this type of wallet also offers more than 600 digital currencies that you can choose according to your needs.
For your consideration, here is a list of the advantages and disadvantages of daei Trezor:
|Trezor’s advantages||Trezor Weaknesses|
|The security level is very high.||The price is quite expensive.|
|Offers a large selection of crypto assets.|
Taking third place, this Bitcoin wallet has a very simple system.
The Electrum, which has been operating since 2011, is in the form of a software which can be run on a PC or laptop.
Unfortunately, although you can use it on different devices and operating systems, this wallet only supports the digital currency Bitcoin.
To be clear, here is a table of advantages and disadvantages of Electrum:
|Advantages of Electrum||Weaknesses of Electrum|
|The level of security is quite good.||Only provides Bitcoin currency.|
|Can set transaction fees.|
Like the Electrum, the Exodus is a wallet-shaped software other. Not only used on a PC, this wallet can also be used on a cellphone smoothly without a hitch.
In addition, you can also use it easily without having to upload your bank account data.
For consideration, here are the advantages and disadvantages of Exodus:
|Exodus advantages||Weaknesses of Exodus|
|Provides many crypto asset options.||There is a risk with security issues.|
|The exchange that occurs is built-in.||Closed source software.|
Furthermore, Blockchain is a wallet that can be used to store Bitcoin currency online on line. There’s no need for you to doubt, this wallet already manages more than 20 million active wallets worldwide.
Apart from Bitcoin, this wallet can also be used to store other digital currencies.
Known to be practical, you can access Blockchain on your mobile, making it easy to manage wherever you are.
To further convince you, here is a table containing the advantages and disadvantages of Blockchain:
|Advantages of Blockchain||Weaknesses of Blockchain|
|System on line facilitate user access.||There are risks associated with security issues.|
|The wallet activation process is fast and easy.|
Lastly, Coinbase is an easy-to-use wallet because it is used online on line, just like Blockchain.
Not only Bitcoin, Coinbase also offers storage of other types of digital currency. Unfortunately, this wallet imposes transaction fees for its users.
For consideration, here is a brief explanation of the advantages and disadvantages of Coinbase:
|Coinbase Advantages||Coinbase Weaknesses|
|Easy to use and access because on line.||There are risks associated with security issues.|
|The activation process is easy and fast.|
Before Choosing a Bitcoin Wallet
Actually, the various Bitcoin wallet recommendations above are just a handful of wallets. There are still many other wallet names that you can use.
Most importantly, always find out first about the security level of the wallet before deciding to use one, and avoid wallets whose security is suspicious and dubious.
So that you feel more confident in choosing a wallet and making Bitcoin transactions, you can first equip yourself with important information about Bitcoin and Bitcoin cryptocurrency by visiting mediaauthority.co.