Suggested bitcoin wallets
- Bitcoin wallets are apps or devices that allow you to send and receive bitcoin.
- Bitcoin wallets don’t actually store bitcoin. They store the secret keys that are used to authorize your bitcoin transfers.
- Bitcoin wallet security is essential. If someone gets access to your wallet, they could copy your secret keys and use them to steal your bitcoin.
If you’re looking for a bitcoin wallet, we usually suggest Muun or Wallet of Satoshi.
- Available for iOS and Android ✅
- Free to download and easy to use ✅
- Compatible with lightning and on-chain ✅
You should also consider whether you want a self-custody wallet or a custodial wallet.
- Self-custody wallets store your secret bitcoin keys on your smartphone, tablet, or computer. No one else has access to those secret keys.
- Custodial wallets store your secret bitcoin keys on central servers that are managed by the wallet developer. The developer and its employees have access to those secret keys.
- If someone else has access to your secret keys, they could be used to steal your bitcoin.
- If you lose access to your secret keys, you won’t be able to access your bitcoin or transfer it to someone else.
- Self-custody wallets require you to set up a secret “recovery phrase”. If you lose your smartphone or delete your wallet app, you will need the recovery phrase to regain access to your secret keys.
- Custodial wallets don’t require you to set up a secret “recovery phase”. If you lose your smartphone or delete your wallet app, you can retrieve your secret keys from their central server.
If you’re looking for a self-custody wallet, we usually suggest Muun.
If you’re looking for a custodial wallet, we usually suggest Wallet of Satoshi.