9 Best Bitcoin Wallet App (BTC) in 2024

A Bitcoin wallet is a device or software program that gives you the ability to store your bitcoins and other crypto assets. Unlike Fiat Currencies like USD ($), which can be used as hard cash in your wallet or digitally in your bank account, Bitcoin can only be stored digitally in a crypto wallet. A Bitcoin wallet is easy to use, secure, and fast.

I have found there is no shortage of options when it comes to the best Bitcoin wallet app. Selecting the right one can be a daunting task. To help you out, I’ve compiled a list of the top and best Bitcoin wallets, with their most popular features and website links. Read more…

Best Bitcoin Wallets for Android and ioS Reviews: Top Picks!

Wallets	Coins Supported	Type of wallet	Price	Link
Zengo	180+ including ETH, BTC, USDC, SHIB	Non-custodial	Free	Learn More
Uphold	BTC, ETH, XRP, HBAR, LTC etc.	Custodial wallets	Free	Learn More
Binance	1000+ including BTC, ETH.	Hot wallet	Free	Learn More
Ledger Nano X	BTC, ETH, LTC, DOGE, etc.	Cold wallet	$149	Learn More
Trezor Safe 5	BTC, ETH, USDT, BNB, XRP	Cold wallet	$169	Learn More

1) Zengo

Most Secure Non-custodial Wallet

I evaluated Zengo, the first Web3 wallet that avoids private key vulnerabilities, secured by encrypted biometrics. This technology, trusted by major institutions for years, offers these features in a crypto wallet. Zengo offers 24/7 in-app customer service with real people and supported assets (from 180+) to hundreds, including Bitcoin, Ethereum, BNB, Tron, and Dogecoin.

Millions of dollars of NFTs have been lost or stolen because of private key mismanagement. With no private key to lose or steal, Zengo’s wallet removes the main vulnerability leading to NFT theft – a hacker’s worst nightmare.

Features:

• Coin Support: When using Zengo, I was impressed with its support for over 180+ coins, featuring popular ones like ETH, BTC, MATIC, DOGE etc.
• Wallet Type: It operates efficiently as a software wallet, providing ease and convenience for users.
• Global Accessibility: This Bitcoin Wallet app is accessible in over 188 nations, including major regions like the USA, UK, and India. I benefited from using it internationally.
• Mobile App: The Zengo mobile app was compatible with both my devices, my Android tablet and the iPhone13. The smooth compatibility ensured on-the-go accessibility.
• Zengo Desktop Wallet: Zengo is now also available on desktop! Improving convenience for high-value transactions, thanks to Zengo’s bulletproof security record (0 hacks, ever). The most secure desktop wallet by blockchain security firm Certik.
• Staking Capability: It enables the staking of Tezos and Ethereum efficiently via WalletConnect for added flexibility.
• Blockchain Integration: Zengo integrates seamlessly with Bitcoin, Ethereum, BNB, Tron, and Dogecoin blockchains for versatile usage. 
• Layer 2:  Supports Polygon, Arbitrum One, Optimism, and Base.
• Bitcoin Vault: You can HODL Bitcoin behind vault doors and secure it with TimeLock. This is a neat feature to protect your Bitcoin while you are while traveling, at conferences from any physical threats.

Are my coins secure?

Zengo’s advanced security makes it very difficult for hackers to access your wallet. When you sign up, you’ll need to use 3FA level security. After that, you’ll need to confirm your registration by clicking the link in your email. Lastly, you will need to set your encrypted biometrics. This wallet also uses MPC-based cryptography technology, making it extremely secure. They have also implemented a guaranteed access solution called “Chill Storage™” that allows you to access your funds in extreme cases.

Visit Zengo >>

Free Wallet

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2) Uphold

Uphold: Trade and Discover crypto!

As I analyzed Uphold, I learned it has more than 10 million users in 184 countries. It’s among the fastest-growing Bitcoin exchange platforms and a top bitcoin wallet app, with over 250 coins and services such as selling, holding, buying, and trading.

This crypto wallet offers support for cold storage. It is available 184+ countries like Argentina, Australia, Bahrain, Brazil, British, Costa Rica, and much more. It offers mobile apps for Android and iOS platforms.

Features:

• Global Spending: It lets me spend assets worldwide with the Uphold Card, though currently available only in the UK.
• Recurring Transactions: I could set up automatic, recurring transactions to simplify dollar-cost averaging strategies.
• Cryptocurrency Support: It supports over 250 cryptocurrencies, notably BTC, DOGE, and ETH, providing extensive asset diversity.
• Exchange Connectivity: Crypto.com connected to 26 underlying exchanges, and allowed me to find the best token prices seamlessly.
• Global Availability: It is available in over 184 nations, including Argentina, Canada, and Australia, making it globally accessible.
• Mobile Compatibility: I found its mobile app compatible with Android and iOS, ensuring accessibility across popular devices.

Visit Uphold >>

Free Wallet

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3) Binance

Best Wallet with Multiple features

I explored Binance, a bitcoin exchange platform, that includes many crypto trading features like Auto-invest and staking. Changpeg Zhao, a software developer, founded Binance in 2017 as a Bitcoin wallet. It offers Auto-invest, staking, DeFi, Futures, Options, and P2P trades.

Binance’s average 24-hour trading volume is $100 billion, showing high user trust. Binance’s native coin is BNB, which is also among the top 5 cryptocurrencies globally. The exchange operates on a blockchain called the Binance Chain. It offers a mobile app for iOS and Android operating systems. It provides blockchain support for BNB, Cardano (ADA), ERC-20, BTC, ETH, LTC, etc. Due to all these services, Binance tops the list of my best BTC wallets. 

Features:

• Coin Support: It supports over 500 coins, and I was impressed with the focus on BTC and ETH.
• Wallet Functionality: This app functions primarily as a hot wallet, ensuring quick and easy access to my funds.
• Global Accessibility: Binance is available in the UK, USA, France, Belgium, Italy, and 100+ countries.
• Mobile Compatibility: The mobile app is compatible with Android and iOS devices, providing flexibility in usage.
• Deposit Insurance: The FDIC insures U.S. dollar deposits on Binance.us against bank failures up to $250,000.
• High-Yield Staking: The “High-Yield Center” offers staking with potential returns of up to 104.62% APY.

Are my coins secure?

Binance employs a super-safe security system that guarantees the safety of your coins. This platform utilizes two-factor authentication (2FA) verification, device management, addresses whitelisting, and cold storage to keep your data secure. A whopping 95% of coins are stored in cold storage!

Visit Binance >>

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4) Ledger Nano X

Best Cold Wallet for those on a Budget

According to my review, the The Ledger Nano X is a powerful cold storage wallet from Ledger Company. It supports more than 100 crypto apps and coins. It offers features like Bluetooth and USB-C cable connectivity. It simplifies managing your cryptos and NFTs and balances security with accessibility.

Ledger Nano X is the top choice for storing crypto assets offline but it supports only the ERC20 token.. It offers a good balance between security and accessibility. This hardware wallet comes with the most convenient form factors and uses micro-LCD. Setting up a PIN is the first step; then, you need a 24-word seed phrase that will act as your wallet’s private key. 

Features:

• Coin Support: It supports over 5500 coins, such as Bitcoin, Litecoin, Dogecoin, Ethereum, and LINK. It allowed me to manage my diverse portfolio efficiently.
• Cold Storage: This robust cold storage solution ensures enhanced security for my digital assets. Ledger Nano X assures worldwide delivery, making it accessible to users globally.
• Mobile Compatibility: These are compatible mobile apps for Android and iOS, which makes them convenient to access on any device.
• Dimensions: The size of this hardware wallet is 72mm × 18.6mm × 11.75mm, compact enough to carry anywhere.
• Battery: It features a 100mAh lithium-ion battery with an 8-hour lifespan, ensuring long-lasting performance for my daily needs.

Are my coins secure?

The Ledger Nano X protects your private keys by storing them in certified Secure Element chips that are tamper-resistant. This prevents them from being exposed to anyone who might try to access them. These chips are also certified with CC EAL5+, providing you with an extra level of security.

The French National Agency for the Security of Information Systems has audited Ledger Nano X and found it to be the only Ledger product in the market which uses a Secure Element with a custom Operating System. This makes it more secure by reducing cyber risks.

Visit Ledger Nano X

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5) Trezor Safe 5

Best Hardware Wallet for those on a Budget

As per my review, Trezor Safe 5 owns The Trezor Company, which provides Trezor One and Trezor Safe 5. The Trezor Safe 5, released in 2016, is perfect for securing your cryptocurrencies, digital assets, and passwords from hackers.

Trezor Safe 5 size is Size: 65.9 mm x 40 mm x 8 mm, and it is delivered to all the countries. However, this crypto wallet is only available for the Android platform, and it provides support for the ERC20 blockchain.

Features:

• Coin Support: This wallet app supports over 1000 coins, such as Bitcoin, Ethereum, Ripple, and HEX.
• Cold Storage: I could access it as a robust cold storage solution, ensuring my assets are securely stored. Additionally, it offers worldwide delivery, making it accessible no matter where I am.
• Mobile App: Trezor Safe 5 provided me with a dedicated mobile app for Android devices, ensuring easy access on the go.
• Compatibility: It works seamlessly with Linux, Android, Windows, and macOS providing extensive compatibility.
• Additional Features: It is the next-generation hardware cryptocurrency wallet that has a touchscreen display, a faster processor, and superior security for more than 1000 coins and tokens.

Are my coins secure?

Trezor 5 is among the first hardware wallet to implement Shamir Backup, which makes it more secure for your Bitcoins. It also contains a passphrase for extra security to your recovery seed (NDA-free EAL 6+).

Trezor Safe 5’s firmware is constantly updated, making it more resistant to theft. It also supports other security levels like PIN setup and U2F. Plus, its device recovery feature lets you recover all lost data.

Visit Trezor Safe 5

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6) PrimeXBT

Best overall

During my analysis, I noticed that PrimeXBT is a good idea to consider for all traders. The features cater to everyone, from seasoned professionals to novices. Copy trading is a great way for pros to earn by sharing strategies. PrimeXBT uses Multi-signature access (“Multisig”) to provide both security against attacks and tolerance for losing access to a key or facility, eliminating single points of failure.

All fund transfers from Cold Storage to Hot Wallets are handled manually and require the coordinated actions of multiple employees. For maximum security and safety of funds, at PrimeXBT, all customer assets are stored in a cold storage wallet. PrimeXBT processes all pending withdrawals once a day, between 12:00 and 14:00 UTC. A withdrawal requested before 12:00 UTC will be processed on the same day. Any withdrawal requested after 12:00 UTC will be processed on the next day.

Features:

• Trading View Interface: PrimeXBT offers an advanced Trading View interface with comprehensive charting tools and analytical features, catering to both novice and experienced traders.
• Adjustable Leverage: The platform provides leverage trading, allowing users to trade larger positions than their initial capital. PrimeXBT offered me up to 100x leverage on cryptocurrencies.
• Isolated/Cross-Margin: I have the option to choose between isolated and cross-margin trading. With isolated margin, I could limit my risk to individual positions, while cross margin allowed me to use my entire account balance to avoid liquidations.
• All-in-One Platform: PrimeXBT is a multi-asset platform enabling users to trade in a wide range of markets. I could trade in cryptocurrencies and forex, from a single account.
• Come with Crypto – Trade Traditional Forex Instruments: Users can deposit cryptocurrencies and use them to trade in traditional forex markets, offering a bridge between crypto and conventional financial markets.

PrimeXBT main features for secure wallet:

2FA (Two-factor authentication) for your account safety.
Available to buy crypto using credit card/SEPA, transfer/Metamask, also using Coinify, Xanpool, Paxful (P2P).

Visit PrimeXBT >>

Free Wallet

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7) Mycelium

Best Mobile Wallet

I particularly appreciate Mycelium as a leading non-custodial mobile wallet. You control transaction fees and can integrate it with major hardware wallets. It is ideal for managing Bitcoin, Ethereum, and ERC-20 tokens securely. Mycelium is great for sending, storing, or trading Bitcoin and other cryptocurrencies. Mycelium excels as a mobile wallet for Bitcoin and other cryptocurrencies. Mycelium supports account types like Single Address, HD, Bit ID, and Watch Only.

Mycelium, established in 2008, is a popular bitcoin wallet that provides multiple storage services. As a non-custodial wallet, you have sole control over your private key and PIN. Mycelium is an open-source wallet that has teamed up with Cashila, Glidera, and Coinapult to provide financial services. Mycelium offers its own decentralized in-person exchange marketplace called “Mycelium Local Trader.” In this marketplace, you can connect with each other and facilitate the buying and selling of Bitcoin in a secure environment. 

Features:

• Cryptocurrency Support: Mycelium provided me support for 22+ crypto coins, including BTC, USDT, BUSD, USDC, ETH, and ETC.
• Security Features: I could access secure hot wallet functions, ensuring the safety of my digital assets.
• Geographic Availability: For user convenience, it is available in regions such as the USA, Canada, Europe, and Asia.
• Platform Compatibility: The dedicated mobile applications are specifically designed for Android and iOS platforms, offering versatile access.
• User Support: It offers email support to address user inquiries efficiently and effectively. The tool is free for users to access, providing excellent value without additional charges.

Are my coins secure?

This wallet offers a variety of PIN protection and pattern sniffing protection, as well as support for the TOR network to mask IP address and location. This helps to protect your digital assets from hackers.

At signup, you’ll need to set up a code to lock all essential functions like exporting a single address account, sending Bitcoin, and buying and selling. There’s also a backup feature that requires a 12-word backup phrase to retrieve your account if it’s lost or stolen.

Link: https://wallet.mycelium.com/

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8) Exodus

Best Wallet with Zero Fee

I tested Exodus, a well-known Bitcoin software wallet, and found it to securely sell, buy, hold, and manage Bitcoin and several other cryptocurrencies/NFTs. It is easy to use, making it popular among both new and experienced crypto traders. This wallet supports over 1000 cryptocurrencies, including Bitcoin, Ethereum, and Bitcoin Gold.

In 2015, Daniel Castagnoli and JP Richardson founded the company in Nebraska. In April 2021, the United States Securities and Exchange Commission approved its Class as a common stock offering. The company is compatible with hardware wallets. Exodus wallet can be accessed from anywhere in the world.                      

Features:

• Cold Storage Solution: I noticed that it operates as a robust cold storage solution, providing enhanced security for digital assets.
• Global Accessibility: Available to users worldwide, it lets me access their cryptocurrency from anywhere, anytime.
• Mobile Compatibility: I could access mobile applications compatible with both Android and iOS devices, offering flexibility.
• Staking Options: It offers staking with APYs between 1.24% and 13.88%, allowing users to earn passive income.
• Blockchain Integration: Exodus works with blockchains such as Polygon and ERC20, enabling diverse transaction options.

Are my Coins Secure?

Exodus is a self-custodial wallet which means you are the owner of your asset wallets, and everything is encrypted and stored locally on your system.

Exodus does not offer access to your data unless you want to share it. They do not offer any interaction method with your wallet/funds, or they also prevent you from using the wallet to store crypto.

Link: https://www.exodus.com/

What is bitcoin?

Bitcoin is a digital currency that is not subject to government regulation. It is decentralized and can be used to purchase goods and services anonymously. Like traditional currencies, such as USD, bitcoin can be used as a medium of exchange. However, cryptocurrency is designed to be exchanged digitally through a process made possible by certain principles of cryptography. Cryptocurrency is a digital asset based on cryptography. If you want to learn about cryptocurrency and blockchain technology, here’s a free tutorial you’ll want should check out: Cryptocurrency Tutorial for Beginners

What should you look for in a bitcoin wallet?

Here are some important factors that you should

• Usage: The most important thing to think about when choosing a bitcoin wallet is how you plan to use your bitcoin. So, if you’re aiming to buy and hold your investment for the long term, a hardware wallet is definitely the way to go.
• 2-factor authentication: 2FA, or two-factor authentication, is an additional security measure that allows you to verify your identity when logging into your bitcoin wallet. If someone were to obtain your password or crack it through various methods, they would still need to pass the second level of authentication to gain access. In order to gain access, most exchanges will send a verification code to your mobile device, which must be entered into the sign-in field.
• Multi-signature support: If you’re running a bitcoin wallet with multiple users, like business partners, you’ll need to enable multi-signature support to keep the wallet secure. This ensures that multiple keys are used for access and to prevent unauthorized spending or to transfer of funds to another bitcoin wallet.
• Exchanges as crypto wallets: Many people who use cryptocurrency are finding Coinbase to be a helpful platform. It offers a variety of tokens and helps you to make payments, buy, sell, and trade with the assistance of the GDAX platform.
• QR Code Scanner: A QR code scanner is necessary if you want to access the mobile bitcoin wallet. This allows you to generate and scan a QR code for coin transfers using your mobile device.
• Backup Option: Your chosen Bitcoin wallets should offer an option for backup. That way, if your laptop, PC, or phone device stops working, you have data to restore immediately. Some mobile Bitcoin wallets, like Coinbase, have a handy feature that allows you to restore your wallet.

What are some essential types of bitcoin wallets?

Here are some important types of Bitcoin Wallets:

• Hot wallets: Hot wallets are a type of cryptocurrency wallet that uses keys that were created or stored on a device that has internet access. Hot wallets provide high utility but are considered less secure than cold wallets.
• Cold wallets: A cold wallet is a cryptocurrency storage solution that is not connected to the Internet. The most secure type of wallet, it uses a physical medium – typically in the shape of a USB stick – which would require hackers to have access to your device.
• Hosted wallets: Hackers often target hosted wallets because they store the data of all the funds from the wallets on the server. While hosted wallets offer various levels of protection, third parties typically insure them.
• Decentralized wallets: The main advantage of a decentralized wallet is that you are the only one who controls the private keys. This means that you are in full control of your cryptocurrency, and no one else can access it. However, you are also responsible for ensuring the security of your wallet and there is no guarantee of complete privacy. This will help you to reduce some of the security risks associated with hosted wallets.
• Hardware Wallets: The three most popular types of hardware wallets are the Ledger Trezor, Nano X, and the KeepKey. They are physical devices, like USB drives. They are considered to be a very secure type of wallet for bitcoins and other cryptocurrencies
• Software Wallets: Also known as hot wallets, software wallets are online crypto trading platforms that don’t need to be downloaded and can be accessed via an internet browser.

Also, Check: Best Anonymous Bitcoin Wallets

What are the safety measures used in bitcoin wallets?

There are some important safety measures to take note of when using a Bitcoin wallet.

• Keep a minimal amount in the Bitcoin wallet.
• Backing up your wallet helps protect you from computer failures and many human errors.
• You should encrypt any backup which is exposed to the network in order to keep it safe.
• You should use a strong password that contains letters, numbers, and punctuation marks. It should be at least 16 characters long.
• You need to be very careful about never forgetting your password, or you may lose access to your funds.

What is a bitcoin address?

A Bitcoin address can be thought of as like an account number at a traditional bank. The address denotes which wallet the coins should be sent to. In a similar way that a bank account number would. However, the major difference lies in the fact that wallets can have numerous addresses. You can personalize your Bitcoin address by adding payment request information like an amount and expiration date.

How to add funds to a bitcoin wallet?

To purchase Bitcoin, first, specify the amount you want to buy. Then enter the amount you want to deposit into your Bitcoin address. Finally, use Wire, ACH, or a credit card to transfer the funds to your Bitcoin crypto wallet.

How does bitcoin ATM works?

Bitcoin machines, also called Bitcoin Teller Machines (BTMs), are not ATMs in the traditional sense of the term. They are centers where you can buy Bitcoins using fiat currency. Some machines also allow you to sell Bitcoins.

Can you pledge/take a loan against coins stored in bitcoin wallets?

A bitcoin loan allows you to pledge or retake a loan coin stored in a bitcoin wallet. This is similar to a traditional loan offered by banks, but most of the risk is not on the lender. The borrower is still putting up more than enough Bitcoin to cover the loan and interest.

Verdict

As someone who has spent considerable time exploring the best Bitcoin wallet apps, I can say that finding the right one can make a significant difference. Check my verdict.

• Zengo: The app provides a seamless user experience with top-notch security features, ensuring your assets are safe.
• Uphold: It stands out for its versatility, allowing users to trade multiple cryptocurrencies and other assets effortlessly.
• Binance: It offers a powerful platform with advanced trading tools, catering to both beginners and seasoned traders.