Ledger Nano S is a hardware wallet, which is essentially a lightweight device similar to a flash drive or pen drive. Beginner, as well as advanced users, will find it comfortable and safe to use. It costs about $100 and supports several cryptocurrencies. The Ledger team is also very reliable when it comes to rolling out safety features and expanding cryptocurrency support for newly released coins.


Trezor Model T is another hardware wallet which has already established itself as the market leader. This latest generation of Trezor has the best security features and comes with a touchscreen instead of analog buttons. This state-of-the-art device currently supports 8 cryptocurrencies and its producers are looking to aggressively increase this number. Like the Ledger Nano S, this wallet is suitable for beginners as well as advanced users. It is a little costlier than Ledger, however, at $175.


Coinomi is a mobile wallet which has been providing excellent service since 2015. It is based out of London, UK and has a highly experienced team behind its production and operation. This wallet will allow you to store more than 50 cryptocurrencies and comes with a number of security features which will put beginner and advanced users at ease. It is available for free for Android as well as iOS.


Coinbase is a web-hosted wallet that is run by Coinbase, which provides a number of cryptocurrency based services and is a reputed organization in the field. Although this wallet provides a number of features and supports several cryptocurrencies, as it is a web-hosted wallet, it is prone to phishing and other security attacks.


Exodus is a desktop wallet which supports more than 100 cryptocurrencies. It is a very robust wallet with a beautiful and intuitive user interface. No registration or verification of identity is required when using Exodus. Exodus users can also send funds to and receive funds from smart contracts. Exodus respects your privacy and you have to provide an email address to get the backup link but you can also start using the wallet without providing an email address at all.


At LocalBitcoins.com, people from different countries can exchange their local currency into Bitcoins. The site allows users to post Crypto Exchanges advertisements, where they give Cryptocurrency Exchanges Rate and Payment Methods for Buying or Selling Bitcoins. Your reply to these advertisements and then agree to either meet the person to buy Bitcoins with Cash or trade directly through Online Banking.

Bitcoins are placed in your LocalBitcoins.com Web Wallet, and from there you can pay for your Bitcoin purchases directly.


Edge is the oldest Bitcoin wallet which also supports a number of other cryptocurrencies. It is a free mobile wallet which is available on Android as well as iOS. It boasts a simple user interface and is considered to be beginner friendly.


Samourai wallet is perfect for users who’re looking for that extra layer of security and anonymity, which are two of the basic tenets on which cryptocurrencies were conceptualized. It comes with several security features such as IP obfuscation which keep transactions private and confidential. It’s a mobile wallet which is currently available only on Android.


Mycelium is a mobile-only Bitcoin wallet, with Android and iPhone versions available. Mycelium is known for being a bit more complicated to use than some other Bitcoin wallets. But advanced users should be just fine navigating the experience. It is very secure, allows for anonymity and keeps your Bitcoin in your pocket or bag pretty much everywhere you go.


Electrum is an extremely fast and lightweight Bitcoin Wallet. It uses minimal computing resources, so it is a perfect match for older hardware. Electrum proves that being less resource-intensive doesn’t mean having to cut down on features.