There are many different ways to use Bitcoin and so there are bitcoin wallets online different types of wallets. Without a Bitcoin wallet, you can’t send or receive Bitcoin payments. Have you been using Bitcoin for a while and want to upgrade your security practices? Wallets that can be accessed on the web from any internet connected device.
Physical devices designed to secure bitcoins. Wallet applications downloaded to your phone, computer or tablet. By the end of this article you’ll understand Bitcoin wallets and have a better idea about which type is right for you. If you will need to make frequent payments then it will be best to keep your funds in wallet that is easy to use and accessible. Mobile wallets and desktop wallets are good options. If you are dealing with large amounts of bitcoins you will need a secure wallet. Hardware wallets and secure offline wallets like Armory are good options.
Use a mobile wallet as your checking account, and a hardware or secure offline wallet as your savings account. Mix and match to find a combination that provides both security and accessibility. Copay is a Bitcoin wallet by Bitpay and available on iOS, Android, Windows Phone, Linux, Max OS X, and Windows. Because Copay is available on multiple platforms, it’s easy to use the same wallet or accounts across multiple devices. Copay’s simple, clean user interface makes it a good choice for new Bitcoin users. Copay is also a good option for businesses due to a shared account feature, which requires a certain number of users to sign each transaction.