Topic: Guys Do you know which is the most secure? some Bit Coin Wallets. (Read 142 times)

Once you know what bit coins are and where to get them, you need to know where to keep them. If you are looking for where to keep your bitcoins, you are at the right place!
Here are all the possible kinds of Wallets that can be used to keep your Bitcoins.

BTC   Paper/ Physical Bitcoin Wallet:
A paper wallet or a physical wallet is basically a physical document, referred to as a printed sheet of paper that contains a public key that can be used to receive bitcoins and a private key which allows you to spend or transfer bitcoins stored at that address. A paper wallet can be generated using:
i)   BitAddress
ii)   Bitcoinpaperwallet

BTC   Mobile Wallet:
Different mobile applications have been built to store coins. These apps need you to download them on your phone and sign up to create your own coin wallet. These are more easily assessable and handy for frequent bitcoin users. Some frequently used mobile wallet apps are:
i)   Breadwallet
ii)   Copay
iii)   Airbitz


BTC   Web/Online Wallet:
Several different companies provide services to store your private keys on the server of their company’s website. Different companies offer different types of services, personalization of your wallet and securities. Some of these also have mobile applications which enables you to download their apps on your smart devices. Following are a few such service providers:
i)   GreenAddress
ii)   BitGo
iii)   Blockchain.info

BTC   Desktop/ Software Wallet:
These wallets are in the form of softwares that can be easily downloaded and installed on your desktop. These store your private keys on your systems’ hard drive. They do not rely on or involve any third-party interference, yet are still connected to the internet. Some of these wallets are:
i)   Bitcoin Core
ii)   Armory
iii)   Electrum


BTC   Hardware Wallet:
As the name suggests, Hardware wallets hold the user’s private keys in a hard drive, probably a USB drive. It secures the private keys and it can easily be used to send or collect crypto currencies. Transactions can be made by simply plugging the hard drive into a system linked to the internet. The most common hardware wallets are:
i)   Ledger Nano
ii)   Trezor
iii)   OPENDIME

All wallets are categorized to be either hot or cold. The ones connected to the internet or online are called "hot." On the other hand, "cold" means that you are disconnected or offline from the internet. The "cold" is considerably the safer option, so it is recommended for store large amounts of bitcoins.
Cold Wallets include paper/ physical wallets and hardware wallets. Hard ware wallets might be the best possible option as they secure your private keys in a hard drive which is offline and only requires you to connect to the internet once a transaction needs to be completed. This reduces most chances of theft as the device is online merely for a restricted time.

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