BEST BITCOIN WALLET FOR 2016 – BITCOIN WALLETS COMPARISON AND REVIEW
This page compares and reviews the best Bitcoin wallets available today
Since almost every other day a new Bitcoin wallet comes out a lot of beginners are having a hard time deciding what’s the best Bitcoin wallet for them. We decided to create an easy to use comparison table which will allow you to choose your wallet according to key features such as security, privacy, user friendliness etc.
Summary: Coinbase is the leading exchange service today in buying and selling Bitcoins. It was founded in 2012 and since then has received over US$31 million in venture capital funding. The Bitcoin exchange service is available in 19 countries around the world. Their Online wallet is beginners friendly but the fact that the company holds your funds is can be somewhat risky. Having said that Coinbase has recently launched their Vault service which denies the company control over your funds.
Pros: Beginner friendly, ability to add funds from within the wallet. Established and respectable company.
Cons: Company has some control over your funds (depends if you’re using Vault). Not supported worldwide (yet).
MyCelium Bitcoin wallet review
MyCelium is a popular mobie app wallet that features a wealth of advanced privacy and security features. Yes, the wallet can be a bit complicated for newbie users but it’s still one of the safest and fastest on the market. As an open source software program, MyCelium is constantly being upgraded. While MyCelium is primarily a hot wallet, there are some cold storage features for Bitcoin users looking to put their wealth on ice.
Pros: Advanced privacy features make this app great for people looking to stay anonymous, and advanced security features will help keep your Bitcoin wealth secure.
Cons: No web or desktop interface, so you’ll have to use your smart phone to access this app. MyCelium is also better for more advanced users, so keep that in mind.
Click here to visit the MyCelium’s website
Bitcoin Core wallet review
Looking for a desktop solution for your Bitcoin wallet? If so, Bitcoin Core is worth a consideration. Bitcoin Core offers a lot of security and privacy features, and supports complete transparency. Bitcoin Core is well-regarded for being a stable system, though it can use up a lot of memory and space on your computer. Still, for modern computers the hardware requirements are rather low.
Pros: Features plenty of security and privacy features and offers a highly stable system.
Cons: No mobile app and no web interface makes it difficult to use this wallet without having your own personal computer on hand. It also requires a lot of free space to store the whole Blockchain.
Click here to visit the Bitcoin Core’s website
Multibit Bitcoin wallet review
Multibit is a fast, lightweight client that comes in a variety of languages and can be set up and put into use within only a few minutes. Compared to other advanced wallets, Multibit is known for being user friendly, though could still be a bit difficult for newbie users. This is a good choice for people looking for a fast and flexible Bitcoin wallet.
Recently Multibit was issued a new version called Mulitbit HD. Multibit HD has a much cleaner interface and it’s also fully deterministic.
Pros: Fast, lightweight, and easy to set up.
Cons: Privacy features are known to be weak and security features could be improved.
Click here to visit the Multibit’s website
http://sh.st/Y1pVS
