Once you’ve bought Bitcoins (BTC) or other cryptocurrencies via an exchange (like ), if you plan to spend your cryptocurrency right away, you can do so directly from the exchange. If you prefer to hang on to your digital assets, you'll need a secure wallet to which you can transfer your virtual coins. In this guide, we'll explore five of the very best cryptocurrency applications available today for storing your digital wealth. Each of these programs allow you to generate private keys, which you can store safely, rather than trusting an online exchange which can be hacked or go out of business. All of these clients are known as 'hot' wallets in that by default they're connected to the internet at all times. If you are moving large amounts of Bitcoin, consider creating a 'cold' offline wallet to store your assets (see our guide to ). Exodus is a desktop multi-currency wallet. It supports Mac, Windows and Linux. The wallet is easy to use, you have control over the private keys, and exodus even encrypts them for you. Best Altcoin Wallets (2018) Image: Lightweight wallets like Bitcoin Electrum are popular, there have been several forks for alternative cryptocurrencies over the years. Subscribe to news alerts, airdrop alerts or strategy and security news. ![]() • We also show you What are the best cryptocurrency wallets? Here's a list of the top five bitcoin wallets. Requires large amounts of space and bandwidth Bitcoin Core is the original BTC client and is available for Windows, Mac and Linux. Core is a 'full node' Bitcoin client, meaning that on first-run it will download the current version of the blockchain (currently around 160GB) by connecting to other nodes. It will then continue to download and process data about Bitcoin transactions. One advantage of this is that it's much more difficult to link a specific BTC payment address to your identity as Core downloads data about all Bitcoin transactions everywhere. Outlook 2016 for mac tutorial. This also protects you against certain types of fraud such as someone trying to spend the same BTC twice, or fooling you into believing you’ve received funds you haven't actually got. Core comes preconfigured to run through the Tor anonymizing network. This makes it very difficult for anyone to link sending or receiving BTC to your home IP address, ensuring your privacy. ![]() All this requires huge amounts of bandwidth – Core must be connected to the internet every day to stay in sync with the network. On first launch, Core will create a wallet file (wallet.dat) containing your private keys. By default anyone can access it, but you can encrypt the wallet with a password if you wish. (We’ve got a handy ). Relies on servers to verify transactions Electrum has been around since 2011 and works with Windows, Mac, Linux and Android. It's one of the most popular 'thin' wallet clients, in that instead of downloading the entire Bitcoin blockchain, it connects securely to other servers to verify your BTC balance and process payments. This means you can set it up in minutes and it takes up very little space on your hard drive.
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