Top 3 Online Bitcoin Wallets

top 3 Online Bitcoin Wallets

Bitcoin is one of the most lucrative investments you can have today despite its volatility. In 2010, Bitcoin value was extremely low (6 cents). Fast forward to 2017, and its price skyrocketed to $7, 400. If you are thinking of investing in Bitcoin, there is one thing you can’t do without: A Bitcoin wallet. This is where you’ll store your Bitcoins, and the wallet will allow you to easily buy and sell Bitcoins. When looking to buy a Bitcoin wallet, you’ll have to choose between a hardware wallet and an online wallet. Today, we are going to focus on the 3 best online Bitcoin wallets to choose from. Let’s get started:

1. GreenAddress online Bitcoin wallet

GreenAddress is an online Bitcoin wallet that lets you store, buy and sell Bitcoins. It’s one of the best Bitcoin wallets out there because it’s compatible with both mobile and desktop computers, allowing you to enjoy user-friendly service on the go. GreenAddress is free to install, but you are charged for any Bitcoin transaction you make. And a percentage of the transaction fee goes to miners who verify the transactions. GreenAddress comes with powerful security features, including two-factor verification process, making it the most secure online wallet out there. The downside to GreenAddress is that it’s not adapted to the beginner, plus the setup process could take much longer than other wallet options.

2. Mycelium Online Bitcoin Wallet

This is a mobile Bitcoin wallet that synchronizes convenience and innovation to accord users truly unique experience. With this wallet, you can store, send and receive Bitcoins easily. It’s compatible with Android and iPhone operating systems, and it’s completely free to install and use. When it comes to the security of your Bitcoins, Mycelium reigns supreme, as it comes with enterprise-level security features, such as HD security and robust backup options to ensure your private keys are secure. The downsides to Mycelium is that it’s not compatible with desktop, it doesn’t offer abilities to sign messages, and it’s not adapted to the beginner.

3. Bread is the most user-friendly Bitcoin wallet

Bread, formally known as breadwallet is a Bitcoin wallet that lets you store, buy and sell Bitcoins. It’s the most user-friendly Bitcoin wallet out there, hence making it the best option for the beginner. It’s available for Android and iOS. It’s completely free to install and use. However, there is a fee charged for any transaction you make.


When it comes to the security of your Bitcoins, hardware wallets are better than online wallets. That’s because online wallets are susceptible to hacks, which means you can easily lose your Bitcoins. However, with Bitcoin developers hard at work every day, more secure online wallets will hit the market soon.