2018 Best Bitcoin Wallet Review and Comparison

Totally new to Bitcoin and Bitcoin wallets? Start by watching this video:


As a general rule, Bitcoin hardware wallets are the most secure form of Bitcoin wallets, however, unlike software wallets, they cost money. If you’re serious about securing your Bitcoins go for a hardware wallet. If however you’re only storing a small amount of coins you can use one of the free software wallets shown on this page.

  • compare wallets

  • Is this a mobile, web, desktop or hardware walletWallet Type
  • Can you access this wallet through a browser and an internet connectionWeb Interface
  • Is there a mobile app that allows you to access this walletMobile app
  • Are you required to download software in order to access the walletDesktop client
  • If wallet is dependant, your funds can be controlled by the wallet manufacturerIndependent wallet
  • Can transactions be traced to your identityPrivacy
  • How hard is it to break into this walletSecurity
  • Is the wallet designed for non technical people as wellNewbie friendly
  • Price
  • Our overall satisfaction with this wallet based on all aspectsOverall rating

  • trezor
  • Wallet is stored offline which makes it less susceptible to theftHardware wallet
  • yes
  • no
  • no
  • yes
  • Variable privacy depending on the interface you chooseVariable
  • Good
  • yes
  • $99
  • 94%
  • Read review
  • Blockchain

  • blockchain
  • Wallet is stored online and is more susceptible to theftHot wallet
  • yes
  • yesyes
  • no
  • no
  • This wallet makes it easy to spy on your balance and know your identity Weak
  • Good
  • yes
  • Free
  • 91%
  • Read review
  • MyCelium

  • mycelium
  • Wallet is connected in some way to the Internet and is more susceptible to theftHot wallet
  • no
  • yes
  • no
  • yes
  • This wallet makes it hard to spy on your balance and link to your identity Good
  • Good
  • no
  • Free
  • 89%
  • Read review
  • Electrum

  • electrum
  • Wallet is connected in some way to the Internet and is more susceptible to theftHot Wallet
  • no
  • no
  • yes
  • yes
  • This wallet makes it hard to spy on your balance and link to your identity Good
  • Moderate
  • no
  • Free
  • 82%
  • Read review
  • Bitcoin Core

  • bitcoin core
  • Wallet is connected in some way to the Internet and is more susceptible to theftHot wallet
  • no
  • no
  • yes
  • yes
  • This wallet makes it hard to spy on your balance and link to your identity Good
  • Good
  • no
  • Free
  • 88%
  • Read review
  • Armory

  • armory
  • This wallet can act as a hot wallet and as cold storgeVaries
  • no
  • no
  • yes
  • yes
  • This wallet makes it hard to spy on your balance and link to your identity Good
  • Depends if you're using this as a hot wallet or cold storageModerate / Good
  • no
  • Free
  • 86%
  • Read review
  • Green Address

  • greenaddress
  • Wallet is connected in some way to the Internet and is more susceptible to theftHot Wallet
  • yes
  • yes
  • yes
  • yes
  • This wallet makes it hard to spy on your balance but can link to your identity Moderate
  • Good
  • yes
  • Free
  • 90%
  • Read review
  • Xapo

  • xapo
  • Wallet is connected in some way to the Internet and is more susceptible to theftHot Wallet
  • yes
  • no
  • no
  • no
  • This wallet makes it hard to spy on your balance but can link to your identity Moderate
  • Moderate
  • yes
  • Free
  • 87%
  • Read review
  • Bitcoin Wallet

  • bitcoinwallet
  • Wallet is connected in some way to the Internet and is more susceptible to theftHot Wallet
  • no
  • yes
  • no
  • yes
  • This wallet makes it hard to spy on your balance and link to your identity Good
  • Good
  • no
  • Free
  • 86%
  • Read review

Ledger Bitcoin wallet review

Summary: Much like TREZOR, Ledger is a cold wallet designed for users who want increased security. The wallet is actually a physical device that connects to your computer and acts as another source of protection. Meaning, you can’t send Bitcoins from your wallet without owning the physical device. If you’re looking for a cold wallet (e.g Ledger or TREOZR) I’ve compared the two in this post.

Ledger offers a variaty of products such as Ledger Nano S, Ledger Unplugged (a contactless Bitcoin wallet), etc. The most popular model today is the Ledger Nano S.

Pros: Beginner friendly, very secure, great support.

Cons: Costs money, More security = less usability (this is an issue with all cold wallets).

Visit Ledger’s website     Read our Ledger review


TREZOR Bitcoin wallet review

Summary: TREZOR is the perfect solution for storing a large amount of Bitcoins in order to keep them out of harms way. The combination of world class security with the flexibility of any other web wallet make it ideal for beginners and experts alike. The company has been gaining a nice amount of traction and reviews throughout the last year. For a full review of TREZOR click here.

Pros: Extremely secure wallet, easy to use and intuitive interface, supports additional wallets and altcoins.

Cons: High price tag relative to its competitor

Visit TREZOR’s website     Read our TREZOR review


Coinbase Bitcoin wallet review

Update – In the past we used to list Coinbase as a wallet, however do changes in the company’s vision this is no longer a recommended wallet.

Summary: Coinbase is the leading exchange service today in buying and selling Bitcoins. It was founded in 2012 and since then has received over US$31 million in venture capital funding. The Bitcoin exchange service is available in 19 countries around the world. Their Online wallet is beginners friendly but the fact that the company holds your funds is can be somewhat risky. Having said that Coinbase has recently launched their Vault service which denies the company control over your funds.

Pros: Beginner friendly, ability to add funds from within the wallet. Established and respectable company.

Cons: Company has some control over your funds (depends if you’re using Vault). Not supported worldwide (yet).

Visit Coinbase’s website     Read our Coinbase review


Blockchain.info Bitcoin wallet review

Summary: The most popular Bitcoin wallet today, Blockchain.info allows you to send / receive Bitcoins through your browser or mobile phone. This is what’s known as a hybrid wallet – meaning the company stores your wallet online but they do not have access to your private keys. However since the wallet is loaded from their servers some trust in the company is still needed. Recommended for beginners who are trying out Bitcoin.

Pros: An established and trusted company in the Bitcoin community, good interface, available for mobile and web.

Cons: 3rd party trust required, hard to make completely anonymous payments.

Visit Blockchain.info’s website     Review coming soon! 


Exodus Blockchain assets wallet review

Exodus is a relatively new wallet (launched July 2016) that allows you to store not only Bitcoins but also Litecoins, Dogecoins, Dash and Ether. It’s unique in its beautiful design and intuitive user interface. You can also trade cryptocurrencies from within the wallet. Currently the wallet is available only in a desktop version. Here’s a full review about Exodus.

Pros: Easy to use, allows to trade cryptos from within the interface, self hosted, awesome support from the founders.

Cons: Limited only to desktop at the moment, relatively new company

Visit the Exodus website     Read our Exodus review


Jaxx Bitcoin and Altcoin wallet review

Jaxx is an all platform Bitcoin and Altcoin wallet that allows you to store cryptocurrencies and also exchange between different currencies from within the wallet (via the ShapeShift exchange). The wallet is extremely intuitive and is self hosted so you don’t trust the your private keys with any 3rd party.

Pros: Easy to use, allows to trade cryptos from within the interface, self hosted, awesome support, works on multiple platforms.

Cons: Relatively new company, there have been some issue reported for Linux users

Visit Jaxx’s website     Read our Jaxx review


MyCelium Bitcoin wallet review

MyCelium is a popular mobie app wallet that features a wealth of advanced privacy and security features. Yes, the wallet can be a bit complicated for newbie users but it’s still one of the safest and fastest on the market. As an open source software program, MyCelium is constantly being upgraded. While MyCelium is primarily a hot wallet, there are some cold storage features for Bitcoin users looking to put their wealth on ice.

Pros: Advanced privacy features make this app great for people looking to stay anonymous, and advanced security features will help keep your Bitcoin wealth secure.

Cons: No web or desktop interface, so you’ll have to use your smart phone to access this app. MyCelium is also better for more advanced users, so keep that in mind.

Visit MyCelium’s website     Review coming soon!


Keepkey Bitcoin wallet review

Summary: KeepKey is one of the newest players in the Bitcoin market. It has a very sleek and unique design which makes it probably the best looking physical Bitcoin wallet out there. The device itself is very intuative and easy to set up. You can read a full Keepkey review here.

Pros: Beginner friendly, great design, simple to user, secure.

Cons:  Costs money ($99), relatively new company.

Visit Keepkey’s website     Read our KeepKey review


Bitcoin Core wallet review (Bitcoin QT)

Looking for a desktop solution for your Bitcoin wallet? If so, Bitcoin Core (also known as Bitcoin QT) is worth a consideration. Bitcoin Core offers a lot of security and privacy features, and supports complete transparency. Bitcoin Core is well-regarded for being a stable system, though it can use up a lot of memory and space on your computer. Still, for modern computers the hardware requirements are rather low.

Pros: Features plenty of security and privacy features and offers a highly stable system.

Cons: No mobile app and no web interface makes it difficult to use this wallet without having your own personal computer on hand. It also requires a lot of free space to store the whole Blockchain.

Visit Bitcoin QT’s website     Bitcoin Core review coming soon!

Electrum Bitcoin wallet review

This fast, lightweight desktop app is a good choice for someone using older and less powerful computers for their bitcoin storage. The most processor intensive parts of the wallet are handled by remote servers. Electrum is well regarded for its advanced security and privacy features, and users can even recover their wallet with a secret pass phrase, though some people would prefer a wallet that doesn’t rely on remote servers.

Pros: While many apps are processor intensive, Electrum is known for being fast and light weight.

Cons: Not friendly for newbies, and the reliance on external servers could present security threats.

Visit Electrum’s website     Read our Electrum review

Armory Bitcoin wallet review

Amory is a well-known and trusted brand when it comes to Bitcoin security, though the app is usually best for more advanced users. If you are looking for an app that emphasizes safety and security, Armory should make the short list as the app features a variety of encryption and cold-storage options. Armory is among the most respected brands when it comes to Bitcoin security.

Pros: Very flexible and adaptable to just about any situation. Offers industry leading security features.

Cons: Requires advanced user knowledge and is not known for being user friendly.

Visit Armory’s website     Armory review coming soon!

Xapo Bitcoin wallet review 

Xapo is a web-based wallet system, so alls you need to access it is a web browser and Internet connection. Xapo is known for having reasonably advanced privacy and security features, especially for a web-based wallet. The company supports payments through a debit card system, making it easy to spend your Bitcoins. The app is also friendly for newbies, so if you’re new to Bitcoin, give Xapo a close look.

Pros: Xapo debit card system allows you to use Bitcoin ATMs and spend at merchants across the world.

Cons: Web-based wallets face extra security threats, and you won’t be able to manage your Bitcoins without a Internet connection.

Visit Xapo’s website     Xapo review coming soon!

Green Address Bitcoin wallet review

A user favorite, Green Address allows you to access your Bitcoins through a variety of methods, including online, through a mobile app, or through a desktop client. Better yet, Green Address’s is well regarded as being user-friendly. This makes Green Address one of the most flexible wallets around. Supports multi-signature features and has strong security and privacy features.

Pros: Very flexible and very easy to use, making Green Address a top choice for newbies

Cons: Requires the use of a remote app loaded from another location, and shared control over your Bitcoins (meaning the third-party has to approve payments).

Visit Green Address’s website     Read our GreenAddress review

Bitcoin Wallet review 

One of the oldest names in the business, Bitcoin Wallet is known for being fast and relatively easy-to-use. The company believes in “zero trust”, meaning they go out of their way to provide a decentralized system that provides people with a lot of control over their Bitcoin wealth. High-transparency, along with strong security features make this a very secure program, especially for a web-based wallet.

Pros: Well-reputed brand name and a safe, fast, and secure operating environment make this wallet a good choice, though newbies may need a bit of time to get a hang of the system.

Cons: Only available online and requires an Android or Blackberry phone.

Visit Bitcoin Wallet’s website     Bitcoin Wallet review coming soon!

BitGo Bitcoin wallet review

BitGo is known for its high levels of security and is a multi-signature wallet. This means that every transaction will require two-factor identification, which can go a long way in protecting your wealth from malware, hackers, and server attacks. Oh, and these keys are held by users, not BitGo, so they have no easy access to your stash.

Pros: A high level of security in a relatively easy and non-technical package.

Cons: Two-factor identification can create a hassle and the service does rely on central verification.

Visit Bitgo’s website     Bitgo review coming soon!

Airbitz Bitcoin wallet review

Summary: Airbitz is a decentrelized, secured and backed up Bitcoin wallet. The promising notion about it is that neither Airbitz or any other 3rd party can access your Bitcoins, so it’s fully independent. The nice thing about Airbitz is that it also supplies you a directory of Bitcoin accepting businesses around you. Also it seems that a lot of thought was put into the user interface to make the experience of using Airbitz as simple as possible.

Pros: Beginner friendly, bitcoin accepting business directory, decentrelized.

Cons: Unestablished brand, no web interface (mobile only).

Visit Airbitz’s website     Airbitz review coming soon!

Copay Bitcoin wallet review

Summary: One of the best Bitcoin wallets out there, it was created by Bitpay. Copay is a multisig wallet which means that a single wallet can have multiple users. This can be ideal for a corporate account where for example, 2 out of 3 signatures are required in order to confirm a transaction. The wallet also has a desktop, mobile and web interface and is completely independent and open source. You can read our full review of Copay here.

Pros: Multisig wallet – allows for improved security, great design, supports multiple devices.

Cons:  No support, can be a bit overwhelming for beginners.

Visit Copay’s website     Copay review coming soon!

CoolWallet Bitcoin wallet review

Summary: CoolWallet is another attempt at creating a portable Bitcoin hardware wallet. The device itself looks and feels like a credit card and has one small operation button on it. The device needs to be help closely to your mobile app when sending out coins adding another layer of security. Even though the concept is pretty cool, the execution is far from complete and the device still feels a bit clunky. Click here to read our full CoolWallet review.

Pros: Very portable (fits in your wallet).

Cons:  Device feels a bit clunky, relatively new company behind the product.

Visit Coolwallet’s website     Read our Coolwallet review

BTC.com Bitcoin wallet review

Summary: BTC.com is a Block Explorer owned by Bitmain. The site offers several tools such as network statistics, a mining pool and also an online wallet. The wallet, similar to Blockchain.info, is an HD hybrid wallet. Meaning, you access it via the web but the keys to the wallet are stored on your machine, so BTC.com has no access to them.

Transactions are signed on your device so no one can see your private keys. The wallet also supplies Multisig capabilities and is open source.

Pros: Wide variety of features, intuitive interface, open source.

Cons:  Still a hot wallet, controlled by Bitmain which have a shaky reputation in the community.

Visit BTC.com’s website     BTC.com review coming soon!

Coinomi Bitcoin wallet review

Summary: Coinomi is a mobile wallet currently available only for Android. The wallet holds Bitcoin and a variety of additinoal Cryptocurrencies (up to 287 currencies supported). The wallet is pretty basic and user friendly. The main issue with this wallet is that is started out as an open source wallet but since 2016 became closed source – something that raised a lot of eyebrows in the Bitcoin community.

Pros: Wide variety of coins supported, intuitive interface.

Cons:  Closed source, Android only.

Visit Coinomi’s website     Read our Coinomi review



    I do not agree tha BlockChain is safe. No! It is not! See in the blog. It is easy for them to blame you when you are kacked as if you were reckless and naive dealing with technology issues. I am not! I have a Linux virtual machine, 2FA ativated, Local proxy and my account at BlockChain was hacked. The same day I got some funds from an investment. And what is weird: at the time the amount was subtracted, October 16th around 02 pm I was sitting at mey Desktop at work. And neither local proxy nor corporative one ever recordeded a single bit of access to BlockChain ath that time.

    • Hey Desmond,

      A crypto backed by diamonds, huh?

      Well, the coin aside, I think the diamond market is highly manipulated. The major diamond miners have massive hoards of diamonds which they keep locked up and off the market; constraining supply to raise demand. A lot of marketing effort went into associating diamond rings with marriage in the past – think the Diamonds are Forever James Bond movie. Diamonds are pretty enough but their high prices and the forced diamond ring meme are a scam, particualry seeing as industrial diamonds can be generated which are even better than the “real” thing.

      Here’s more on diamonds from a former dealer:


      So yes, I’d much rather see a crypto tied to a different commodity. I suppose diamonds are quite suitable given their tracking and so on… I’m not convinced that asset-backed cryptos will work however. I guess we’ll get more data from projects like this and Venezuela’s oil-backed crypto.

  2. Hi Steven, hope I can reach you at this time.. I’ve mentioned you before that I’m planning to start mining over free Monero pools, to be more specific CoinImp Monero Pool at (coinimp.com). I’m aware it is better to create long-term wallets when dealing with Monero.. Can you please suggest me which ones are the best? Thanks beforehand!

    • Hi Kenny,

      I recommend using the official Helium Hydra Monero GUI full wallet. You can find the right download for your system on this page:


      There are light wallets available but if you’re going to be mining, you should definitely stick with a full wallet.

  3. I have been trading on Coinbase from day I first bought cryptocurrency. I’ve bought Bitcoin, Ethereum, and Litecoin and sold them at varying intervals. I can’t recall if I owned any Bitcoin at the first fork. I do have a friend who did own some. And we’re confused about all the fork stuff relative to Coinbase. If we owned Bitcoin at the fork then do we actually also still have a potential ownership of Bitcoin cash? Who has it? Does Coinbase have it? Currently, I only own Bitcoin and have for a while. Have their been other forks except the one? IF so – does Coinbase hold those currencies somewhere as well? The fork stuff is quite confusing relative to Coinbase. Because last night I thought I would go buy some IOTA but to buy IOTA they said I have to pay with Bitcoin. Well – now that we want to create a wallet and get our Bitcoins off to be able to buy something with them we’re concerned that if we pull them off of Coinbase does that cause us for forfeit any Bitcoin cash that Coinbase may be holding of ours somewhere? Any insight into all of this will be greatly appreciated! Ken

    • Hi Ken,

      The current situation with Coinbase and Bcash is that Coinbase will award it to clients on the 1st of January 2018. It will be awarded in 1:1 proportion with the amount of BTC which clients held on the 1st of August 2017 when the Bcash fork occurred.

      There has been another fork since, called Bitcoin Gold or (more properly, seeing as it *isn’t* Bitcoin) Bgold. Coinbase have made a statement on Bgold but it didn’t reveal whether they intend to support it or not, so you’ll have to wait for a further statement on claiming Bgold.

      These forks are another reason why you shouldn’t store coins with exchanges – you can only get your forkcoins if the exchange decides that you can. And yes, currently the exchange holds all forkcoins, in the sense that the exchange controls the private keys necessary to claim the forkcoins.

      Anyway, don’t worry about moving your bitcoins off Coinbase after the forks have occurred. What matters is that your coins were in a Coinbase address when the fork occurred. So by moving your coins to a safer place than Coinbase – where they’ll be under your full control – you can’t lose. I recommend a hardware wallet for the best combination of security and convenience.

    • Hi Keith,

      The first port of call should be our guide to detecting Bitcoin scams:


      I haven’t investigated the domain with the tools linked there but the referral structure and mentions of 150% profit certainly raise some red flags. 1% daily gains are mentioned, which become unfeasibly large over an annual timeframe.

      The question I always ask with these type of offers is this: if their trading system is so profitable, what do they have to gain by sharing it? Simply by investing the money they put into their website, fancy videos and other marketing, they could compound their trading gains over a few years and be massively rich in a few short years, even starting with very little money. If the system is truly so great, it makes zero economic sense to share it with strangers.

      Hence, I suspect the claims from this company are very dubious and the most likely explanation is that it’s a Ponzi scheme. There are so many Ponzis in this automated Forex / Bitcoin-trading space that one more certainly wouldn’t surprise me.

      For more info on this particular “company,” I suggest you check out the following review by a well-known scambuster:


      He finds numerous problems with the company’s registration, claims and the people involved. Given this information, I’d strongly advise you to avoid USI Tech as it’s almost certainly a scam.

  4. I subscribed to rahakott.io wallet but it seems their sending takes longer and your recipient will also not receive the payment.Its happening to me now on all my three sent transactions.I wish the admins will resolve things faster for my to have access to my funds.

  5. Ramon Marrero on

    I am news in this type of currency. Here are my questions:

    I can you ledger with android?
    I can use only one wallet only?
    How can fund my ledger wallet?

    • Hi Ramon,

      The best way to use Ledger with an Android phone is to install the Greenbits or Mycelium wallets onto your phone and use it in combination with the Ledger hardware wallet. You will need the Ledger On-The-Go adaptor for Android phones to achieve this.

      You can use multiple wallets. For example, the Mycelium or Greenbits wallet on your phone and a Core or Electrum wallet on your PC. Things may get a little confusing this way, particularly if you want to use only the one Ledger for multiple wallets. I would suggest a separate hardware wallet for each device.

      Whichever wallet you use in combination with the Ledger (Ledger has its own Chrome-based wallet too), will generate a number of Bitcoin addresses. By buying Bitcoins and sending them to these addresses associated with your Ledger wallet, you will fund it.

    • Hi Wobbledad,

      I think it’s trash. It purports to be a Bitcoin wallet but instead offers both Bcash and Bitcoin. This is needlessly confusing to newcomers and borderline fraudulent, in my opinion.

      If you’re new, you won’t know the long history which contributes to my strong aversion to anything related to Bitcoin.com or Bcash… Suffice it to say that I believe you should avoid that site, as the people behind it are notorious for deceptive and underhanded practices.

      I’m not sure which type of smartphone you have, but Mycelium is frequently recommended for Android phones and breadwallet for iPhones. For greatly improved security, you can couple a Mycelium wallet with a Trezor or Ledger hardware wallet.

    • Hi Haider,

      Well, there’s only one Bitcoin and it’s called “Bitcoin.”

      If you’re looking for a desktop wallet which works for Bitcoin as well as the various forks of Bitcoin, such as Bcash, Bgold, Bdiamond and so on, then I think Coinomi is probably your best bet. They seem to do a good job of supporting these various forks, although I wouldn’t say that Coinomi’s security or support for Bitcoin features is nearly as good as Bitcoin-only wallets, such as Core or Electrum.

      Check out our full Coinomi review here:


  6. Hi Steven, can I move my coins from other wallets such as Coinbase, Mycelium or Coinjar into Trezor or Ledger? Any costs involved?

    • Hey SI,

      Yes indeed! We highly recommend that you do exactly this to improve the security of your Bitcoin storage. The costs involved will be exchange withdrawal fees and / or the standard Bitcoin transaction fee paid to miners. You just have to send the coins from your Coinbase / Mycelium / Coinjar addresses to the address(es) generated by the hardware wallet, it’s quite straight-forward. Of course, make sure you have an accurate and secure backup of your hardware wallet seed first.

  7. This article fails to mention key information such as the fact that some of these wallets don’t support the forks. That, besides security, is arguably the most important information.

  8. Hi, How many keys or wallets can i store at a trezor or a ledger nano s??
    I only ask becasuse I don’t see anything regarding capacity of these productt anywhere on the WWW. I am sure you will give us an insight in this topic.
    thanks and regards

    • Hi Hugo,

      The limit on the current model Trezor is 10 different wallets per coin. I believe Trezor currently supports 11 different coins, including all the ERC-20 tokens via MyEtherWallet.

      As for the the Ledger Nano S, I think it’s only 2 per coin; a normal and a secret one. I’m not certain of this number however.

  9. Hi Nate and Steven, thanks for this tutorial and all the other ones too, it’s very helpful to us newbies. I picked Jaxx as my wallet.

  10. Hey Martin,

    Cryptopay seems convenient, I’ll give it that. However, it’s an exchange wallet so it appears Cryptopay holds your bitcoins for you… This is dangerous, as it requires trusting in the company’s honesty and security practices. I see they also offer a phone wallet. These are inherently less secure than PC wallets, unless combined with a hardware wallet. Cryptopay does not offer that facility…

    So, I’d say Cryptopay seems like a good option for making small purchases and storing small amounts of bitcoin. I absolutely would not store any significant amount of BTC with them however.

    To be honest, I don’t really see the point of these Bitcoin debit / credit cards. They link your bitcoins to the banking system, which is undesirable. To me, it makes more sense to use bitcoin where you can or otherwise to sell it for cash and use that instead. This is far better for financial privacy. Letting the banks know you use bitcoin seems like something which could lead to problems in future…

    • Hi Steven! Sooo useful article. I’m conpletely new in this thing. I was told bitpay is a good wallet. What do you think? It also offers a Visa debut card which is handy as there is not many places which accepts bitcoin.
      Another question is actually about withdrawing or exchanging crypto to dollars, for instance. How to do it let’s say in blockchain wallet?

      • Hi Inna,

        Well, I used to like BitPay and even had a BitPay payment portal on my e-commerce site. I’ve used them quite a few times when purchasing goods for Bitcoin online… However, BitPay supported the failed New York Agreement, which was an attempted corporate takeover of Bitcoin which lacked any kind of safety features or competent code. It was a risky and stupid blunder for all involved, and I can no longer recommend BitPay due to their decision to take an active part in that venture.

        That said, you shouldn’t use BitPay as an online wallet anyway. It’s safer to use a personal wallet on your own machine, as this puts you in control of the private keys. Please our Wallet Reviews section up top for more info on choosing the right wallet for your needs.

        Blockchain.info is another webwallet, so the same applies to them. It’s not difficult to buy crypto. Generally how it’s done is to sign up on your chosen crypto exchange, verifiy your identity, then send them some fiat funds. Once your funds arrive, you can buy Bitcoin at the current price or put in an order and wait for price to come to you. Then to withdraw, you enter an address generated by your wallet into the exchange’s withdraw page and confirm it. The bitcoin amount should appear in your wallet’s address within half an hour or so.

        • When you say fiat. You mean credit cards right? As far as i am aware you cant buy cryptos any other way. Unless from an individual p2p. I have heard you can do gift cards but i havent had luck with that.

          I ask because im worried using a credit card. Should i be? Should i go get a prepaid credit card and fill that and use that on the exchange? Are there other ways?

Leave A Reply