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2021 Award Winning Bitcoin Wallets

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The best Bitcoin wallets are Exodus, Electrum, Mycelium, Ledger Nano X, Trezor Model T, and Ledger Nano S. The Exodus wallet is our top choice for beginners. It offers a simple-to-understand interface. Electrum is a good fit for advanced Bitcoin users. We recommend Mycelium for mobile users searching for an excellent mobile platform. 

Each Bitcoin wallet has strengths and weaknesses. This article discusses the best Bitcoin wallets. 

Best Bitcoin Wallets 2021: 

  • Exodus is the best Bitcoin Wallet for beginners. 
  • Electrum is the best Bitcoin wallet for advanced Bitcoin traders. 
  • Mycelium is the best Bitcoin wallet for mobile users. 
  • Ledger Nano X is a top hardware wallet. 
  • Trezor Model T is the best Bitcoin wallet with impressive security. 
  • Ledger Nano S is the best Bitcoin wallet with low prices. 

01. Exodus: Best Bitcoin Wallet For Beginners

Exodus is a mobile and desktop wallet with a straightforward interface. It has a built-in exchange, and it permits swaps between over 100 different cryptocurrencies. 

It is a top choice for beginners, as it has excellent customer support. Exodus is a closed source wallet and might lead to security concerns, as its code is not publicly available. 

Related: How to Buy Bitcoin in UAE, Best Bitcoin Trading Platform, How to buy Ethereum in UAE


02. Electrum: Best Bitcoin Wallet For Advanced Bitcoin Traders

Electrum is a respected Bitcoin wallet with advanced features. It offers customizable transaction fees and one of the best levels of security in the industry. 

Electrum uses open-source software and offers many levels of security. It is a top choice for advanced Bitcoin holders who want access to excellent customizability and security features. 


03. Mycelium: Best Bitcoin Wallet For Mobile Users

Mycelium uses open-source software. It is a mobile-only Bitcoin wallet. It supports Bitcoin, ETH, and ERC-20 tokens. It offers more control over transaction fees. 

Mycelium has many attractive features, including hardware wallet support. We recommend it for advanced Bitcoin holders, as it might be confusing to a first-time trader. 


04. Ledger Nano X: Best Hardware Wallet

Ledger Nano X is a top hardware wallet with an intuitive user interface. It uses open-source software with excellent community support. 

The Nano X is similar to a USB drive and connects to your device with Bluetooth or USB. It supports more than 1800 cryptocurrencies. The Nano X offers secure cold storage with the latest technology available. 


05. Trezor Model T: Best Bitcoin Wallet With Premium Security

Trezor Model T is a cold storage crypto wallet with strong security features. It has a web-based user interface with built-in exchanges. It offers access to an impressive list of supported cryptocurrencies and third-party exchanges. 

Trezor Model T connects to your smartphone or computer using the included USB-C cable. The Trezor Model T is the most expensive hardware wallet in this review. 


06. Ledger Nano S: Best Bitcoin Wallet With Low Prices

Ledger Nano S is a trustworthy hardware wallet compatible with more than 1500 cryptocurrencies. It stores up to three apps and offers access to secure storage for a low price. 

Nano S uses open-source software with the added benefit of community support. It has a straightforward interface, being a top choice for traders at all levels. 


What Is A Bitcoin Wallet? 

A Bitcoin wallet stores your digital Bitcoin and validates your transactions. A wallet protects secret information, including private keys. These protections prevent unwanted access to your Bitcoin. 

How Much Does A Bitcoin Wallet Cost? 

If you’re storing Bitcoin in the wallet, the Bitcoin wallet doesn’t cost you anything. But if you’re making a transaction, the owner of the exchange or device housing your wallet will charge a specific fee. Read our in-depth reviews to learn more about Bitcoin trading, Bitcoin wallets, and fees. 

Final Verdict 

Exodus, Electrum, Mycelium, Ledger Nano X, Trezor Model T, and Ledger Nano S are the best Bitcoin Wallets. Our top choice is Exodus, as it has a beginner-friendly interface and customer support. Electrum is a good fit for advanced Bitcoin Traders. We recommend Ledger Nano S for traders searching for a secure hardware wallet with low prices. 


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Methodology 

The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of online providers. User experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, the products available on their platforms are all part of our six-month evaluation of a providers’s platform. The rating scale was based on thousands of data points that have been weighted into the scoring system.

Providers were also required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online providers we reviewed.

Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Business24-7 maintains high editorial standards and provides the best advice and recommendations. The products and companies that we review may compensate us when you click on the links on this website. Click below to find out more about our review process and methodology.

Disclosure

All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

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