In its journey, Bitcoin will always need its own wallet. Bitcoin Wallet App is a software / hardware application enabled to store your cryptocurrency. However, since bitcoin does not exist in physical form like money in general, Crypto like this technically cannot be stored anywhere except in coin wallets.
There are tons of bitcoin wallet apps on the market, but choosing one can be difficult as each app has its pros and cons. To make it easier for you to determine, here we provide a list of the Best Bitcoin Wallet Apps that you can choose from.
Ledger Nano X
This app is an advanced cold wallet developed by Ledger company and has supported more than 100 crypto apps and coins. Equipped with various features such as Bluetooth and USB-C cable connectivity, this application allows users to manage cryptos and NFTs more easily.
In using this application, you must start by setting a PIN (consisting of 24-words initial phrase) that is used as the private key of your wallet. The Ledger Nano X uses a certified, tamper-resistant, Secure Element chip to store all of its users’ private keys and prevent them from being exposed. The chip itself has also been certified with CC EAL5+.
Remarkably, the French National Agency for Information System Security even cites the Ledger Nano X as the only Ledger product on the market that uses Secure Elements with a dedicated Operating System. With its technology, the Ledger Nano X is very secure, and reduces cyber risks.
Binance is a major cryptocurrency exchange platform that offers a variety of powerful crypto trading features. Since being founded in 2017 by software developer Changpeg Zhao, this crypto wallet app offers various leading crypto features such as Auto investment, staking, Defi, Futures and Options, and P2P trading. Interestingly, the average trading volume on Binance can be as high as $100 billion over a 24-hour period.
Binance also briefly released its own original coin called BNB and became one of the top 5 cryptocurrencies globally until now, this crypto also has its own Blockchain called Binance Chain. This platform is equipped with a super safe security system that always ensures your coins are safe, this is due to two-factor authentication (2FA) verification, device management, address whitelisting, and cold storage in the system.
Bitcoin IRA being one of our next recommended bitcoin wallet app, it is the largest and most secure cryptocurrency IRA platform that has been used by thousands of clients. Users can easily buy and sell bitcoin crypto in this 24/7 standalone trading app.
Bitcoin IRA is a crypto trading platform that connects consumers with qualified custodians, digital wallets and cryptocurrency exchanges. This app allows you to maximize your retirement growth in a tax-free IRA. Bitcoin IRA also offer unique features such as price tracking, portfolio performance, chart analysis, and many others.
This app also provides SSL secure trading which allows its users to trade crypto on their own anytime, anywhere.
Trezor Model T
Trezor Model T is one of the most advanced and secure cold wallets for crypto traders today. Trezor company as the developer of this application is also a subsidiary of Satoshi Labs which has 2 products, namely Trezor One and Trezor Model T.
With the Trezor wallet, users can protect their cryptocurrencies, digital assets and passwords from the risk of being hacked. Supporting more than 1800 coins and tokens, Trezor is packed with features, including a touchscreen display, faster processor, and top-notch security. Trezor T is the first hardware device that already implements Shamir Backup technology (SLIP39), this allows applications to be more secure to use.
ZenGo is one of the most secure non-custodial wallets on the Web3 by eliminating private key vulnerabilities, while making it the simplest yet safest wallet to invest in cryptocurrencies. Creating an account at Zengo is also very easy, you only need to spend less than 60 seconds then you can become the real owner of your crypto.
This Bitcoin Wallet App has also implemented an encrypted biometric security system that has been used by billion-dollar institutions for years, but this is what makes ZenGo the first wallet to offer security features this sophisticated as a crypto wallet. ZenGo also offers 24/7 in-app customer service with real people and supports over 70 assets, including Bitcoin, Ethereum, Tezos and more.
Minke has been widely accepted as one of the most user-friendly self-storage wallet apps for DeFi on the market. Minke is the first gas-free wallet built natively on Polygon and allows any user to buy crypto and stablecoins with just 3 clicks on Apple Pay or local bank transfers, including exchanges.
With a number of features it has, educational stories, and a very smooth fiat on-ramp, Minke can be a great choice for those of you who are new to crypto. This app has so far integrated Aave and mStable that allowing its users to earn the full interest rate while retaining custody of the assets. As a self-contained storage wallet, Minke allows you to have access to your bitcoin crypto at any time, including when you use a number of integrated DeFi savings accounts.
The next best bitcoin wallet app is Crypto.com, it offers more than 250 coins and is one of the fastest growing crypto exchange platforms till now. This App allows its users to sell, hold, buy and trade an extensive variety of crypto coins but with low trading fees. Apart from that, Crypto.com also offers decentralized exchange services, cryptocurrency credit cards, NFT marketplaces, and standalone crypto wallets.
Crypto.com also allows you to hold crypto for a certain period of time and earn up to 14.5% interest on it. Since its founding in 2016, this app has had more than 10 million users from 85+ countries in the world.
On January 18, 2022, Crypto.com was reportedly hacked, and suffered losses of around $15 million. But with full responsibility, the team at Crypto.com was able to reassure all users who lost their money by replacing it.