Monday, May 22, 2017

Bitcoin Wallets

Want to get started?  You'll need to get a Bitcoin Digital Wallet.

Your Bitcoin wallet is what allows you to transact with the world. It gives you ownership of Bitcoin addresses that you can use to receive coins from other users and then lets you send those coins onwards. Just like email, you can receive Bitcoins when you are offline, and all wallets are compatible with each other.

If you are brand new to Bitcoin, be sure to read what you need to know from bitcoin.org first.  Also, please read how to secure your wallet from bitcoin.org.

Get started fast and easy

If you are new to Bitcoin, these wallets are a good place to begin.

  • Bitcoin-Qt is an app you can download for Windows, Mac, and Linux.
  • Bitcoin Wallet for Android runs on your phone or tablet.

Be part of the Bitcoin network

Do you have a computer that you keep switched on all the time, that's connected to the Internet? You can help the community by simply running the original Bitcoin client on it. The original client is more resource intensive and will take a complete day to synchronize. After that your computer will contribute to the network by checking and relaying transactions.

Software Wallets

Software wallets are installed on your computer. They give you complete control over your wallet. You are responsible for doing backups and protecting your money.

 

Bitcoin-Qt

bitcoin-qtBitcoin-Qt
WindowsLinuxMac OS X

Bitcoin-Qt is the original Bitcoin client and it builds the backbone of the network. It offers the highest levels of security, privacy, and stability. However it has fewer features and it takes a lot of space and memory.

Visit Website

 

Multibit

multibitMultibit
WindowsLinuxMac OS X

Multibit is a lightweight client that focuses on being fast and easy to use. It synchronizes with the network and is ready to use in minutes. Multibit also supports many languages. It is a good choice for non-technical users.

Visit website

 

Armory

armoryArmory
WindowsLinux

Armory is an advanced Bitcoin client that runs on top of Bitcoin-Qt. Expanding its features for Bitcoin power users. It offers many backup and encryption features, and it allows secure cold-storage on offline computers.

Visit website

 

Electrum

electrumElectrum
WindowsLinuxMac OS XAndroid

Electrum's focus is speed and simplicity, with low resource usage. It uses remote servers that handle the most complicated parts of the Bitcoin system, and it allows you to recover your wallet from a secret phrase.

Visit website

 

Mobile and Web Wallets

Mobile wallets allow you to bring Bitcoin with you in your pocket. You can exchange coins easily and pay in physical stores by scanning a QR code or using NFC "tap to pay".  Web wallets allow you to use Bitcoin anywhere with less effort to protect your wallet. However, you must choose your web wallet service with care as they host your bitcoins.

Be careful

Web wallets host your Bitcoins. That means it is possible for them to lose your Bitcoins following any incident on their side. As of today, no web wallet service provide enough insurance to be used to store value like a bank.

 

Bitcoin Wallet

bitcoin walletBitcoin Wallet
AndroidBlackBerry OS

Bitcoin Wallet is a lightweight mobile client for Android and BlackBerry OS. This client does not need to be associated with any online service to work. It is compatible with QR code scanning and NFC.

Visit Google Play

 

Blockchain.info

blockchainBlockchain.info
AndroidiOS

Blockchain.info is an hybrid web wallet for mobiles. It is also available for iPhone in a restricted mode to fit Apple policies. It includes many blockchain.info features like web wallet backup.  It works great with Android.

Visit website

Visit Google Play

Additional References

blockchain.info
Bitcoin stats, block chain explorer and wallet

bitcoinaverage.com
Average Exchange Price of Bitcoin

bitcoincharts.com
Real-Time quotes of global Bitcoin prices

bitcoin.org
The official Bitcoin website

en.bitcoin.it/wiki
The Bitcoin Wiki, with everything Bitcoin

bitcointalk.org
Bitcoin Discussion Forums

weusecoins.com
Introduction to Bitcoin

bitcoinintro.com
An Introduction to Bitcoin

coindesk.com
Bitcoin News, Price and Information

cointelegraph.com
CoinTelegraph - Live Cryptocurrency Community Opinion

Learn more about Bitcoin with the Bitcoin Q&A at StackExchange