How to choose a purse to cryptocurrency

What is kriptovalyutny purse?

At its core is a program that stores private and public keys, and also interacts with various blokcheynami (block chain). I.e cryptocurrency stored in a purse in the form of transaction records.

Purse is necessary to store, exchange and transactions with digital currencies.

As replenished kriptovalyutny purse?

The sender transmits your ownership kriptomonety. To access them, the private key that is stored in your wallet, should coincide with the public key that you assigned to digital currency. Once this happens, in blokcheyne record it appears that the transaction is committed.

What are kriptovalyutnye wallets?

program

1. For desktop devices

This is a program that can be downloaded on the PC or laptop. Access to the purse only from the device where it is installed.

Desktop wallets are "thin" and "thick". The first involves downloading the program only for the purse, and the transaction information is stored on a different server. In the case of the second to the computer and the program is downloaded and blokcheyn.

2. For mobile devices

Scheme of their work is the same as that of the purses for the PC, except that the smartphone or tablet, you can always carry with them. Considered quite vulnerable: they are often hacked.

3. Online wallets

They operate in a cloud or a specific web properties (e.g., kriptovalyutnyh exchanges), accessible from any device connected to the Internet.

hardware

This kriptovalyutnye purses, wherein a transaction are performed online, but private keys are stored on physical media (e.g., flash card). Using them is simple: you need to connect the storage medium to a computer with Internet access, enter the PIN-code and take appropriate action.

paper

Considered the most protected. They are generated by means of a special program. Private and public keys are printed on paper - in the form of a QR-code or a set of numbers and letters. To produce some manipulations with a purse, you need to scan the code or enter your own keys.

How to choose a suitable kriptovalyutny purse?

It all depends on what is the purpose of kriptoinvestor. If we are talking exclusively about the safe storage, then suitable software and hardware wallets. Greater security hardware different wallets, because they are not exposed to risks of hacking and viruses. Among them are the Ledger Wallet and Trezor. Also most trusted by investors and are Cryptonator Blockchain. These wallets allow securely store tools, but not quickly get to dispose of them.

For those who like to quickly and flexibly manage existing cryptocurrency, purses fit on popular kriptobirzhah such as Bittrex and Coinbase. The main advantage of such storage - the opportunity to work with dozens of kriptoinstrumentov, with just one account. Exchanges provide an opportunity to translate, change, buy and sell any cryptocurrency at any time of the day.

The first is to pay attention to safety. Do not forget that it is relatively young financial markets, and many do not have sufficient knowledge to save their money.

Last year, the market kriptovalyutnom hackers stole more than $ 1.2 billion. Therefore, if you have a significant number of volume cryptocurrency take care first of all about her safety.

A bit of theory on the example of Bitcoin. Each bitcoin wallet has two keys - private and public. First only be kept by the owner, it is necessary to confirm the ownership of the purse and transactions. The second key - the public - in fact is the address to which other users can translate cryptocurrency. Thus, special attention should be paid to the safety of the first key.

Restore the private key when it is lost can be only one way - by using seed-phrases. It is a combination of 12 words (in some cases - 18 or 24), which are issued to the user when creating a purse. They are advised to remember or write down and keep in a safe place, for example, in case you lose your device, which kept cryptocurrency.

Some apps and services store the private key on their servers is encrypted, the other - on your device. The private key, even offline, without an internet connection, you can create and store. Here You can read instructions on how to create a paper wallet. With proper treatment is, in fact, one of the safest ways to store cryptocurrency.

When choosing kriptovalyutnogo purse should pay attention to the following points.

• Anonymity for verification. Everyone has his own requirements for proof of identity documents.
• Reliability of protection against hacking, data integrity.
• Ease of use and functionality. At this point, I pay attention to the speed of operation, user-friendly interface.
• Multicurrency.

Top 5 kriptovalyutnyh purses, experts say

1. Trezor

One of the market leaders, protected hardware purse with a friendly interface. Private key is generated inside a special device, data which are encrypted. The downside of this wallet is only the price, so it is usually recommended only for professionals or owners of significant savings. Works with Bitcoin, Litecoin, DASH, Zcash, Bitcoin Cash, Ethereum, Ethereum Classic and ERC20.

Trezor →

2. Blockchain.info

Excellent and very popular purse, wherein the emphasis placed on ease. Private keys are stored on the servers of the purse, which, on the one hand, makes it less secure, and on the other - improves the usability. Regardless of the private key and the seed-phrases, you can always log in using the login and password to access their coins anywhere in the world.

Blockchain.info →

3. Bread Wallet

The main difference from the previous wallet - increased safety. In this case, the private keys from the purse stored right on your device.

Bread Wallet →

4. Copay

Another fairly simple to use, and most importantly, multi-purse. It has a version on iOS, Android, Mac, Windows, Linux, there's even a browser extension.

copay →

5. Electrum

One of the most functional and comfortable wallets for PC. However, keep cryptocurrency, especially large amounts, on a PC with Windows (and even without anti-virus, as often happens), I certainly would not.

Electrum →

1. Enjin Wallet

Mobile wallet for Ethereum, Litcoin, Bitcoin, Enjin. Available for Android and iOS. It has a smart user interface that is tailored to the specific needs of the client.

Wallet uses a number of innovations to improve safety, in particular - Enjin Secure Keyboard, usually two encryptions and other features. Available in 31 languages.

Enjin Wallet comes with a unique security keyboard, which does not store the history and leaves no residue or password that allows you to maintain complete confidentiality of the account. Wallet does not ask for personal information to open an account, which guarantees complete anonymity.

Enjin Wallet →

2. Trezor Wallet

Bitcoin wallet is designed to help users maintain their cryptocurrency and carry out transactions in stand-alone mode with a small display. That is why all operations using Trezor completely safe.

Interaction with a purse through a web-based interface is intuitive. Trezor has the chance to work as most hardware purses. You can view the transaction history, receive and send tokens, as well as send a check or a signed message. With a purse can be run through a web browser interface, as well as through a variety of third-party applications.

Trezor Wallet →

3. Coinomi

Mobile wallet for storing more cryptocurrency, including the most popular - Bitcoin and Ethereum. Purse has an intuitive interface. Built-in sharing feature allows you to quickly and easily carry out transactions through the purse with the help of an integrated currency exchange.

The developers have put a special emphasis on the use of confidentiality. Supports multiple languages, including English, Russian and Chinese.

At present, the purse is only available for Android, but developers have announced that the expected version for iOS, and desktops running on the Windows, MacOS and Linux. Coinomi is completely free to use.

Coinomi →

4. Exodus

Multi-purse, which has a simple and intuitive user interface. Wallet installed on your computer and is available for operating macOS, Linux, and Windows.

Exodus Wallet supports 15 major cryptocurrency, there is very convenient to follow their courses in relation to each other. Under each cryptocurrency specified dollar equivalent.

Purse has another useful function - internal conversion (exchange function cryptocurrency inside a purse). However, for operations such service charges a fee.

Backup Wizard allows you to save the wallet in security and prepare for future use.

Exodus →

5. Trust Wallet

Purse for kriptovalyutnyh Ethereum tokens and other markers based on the Ethereum. Sharpened by the use of mobile devices running on iOS and Android, it is open source.

It is easy to install and affordable functionality that does not require any additional skills. The Trust Wallet have the opportunity to purchase directly on the stock exchanges through a purse (although, until there is a choice of all three exchanges).

Trust Wallet →

see also

• 7 ways to make money on cryptocurrency →
• TEST: What do you know about cryptocurrency and Mining? Check yourself! →
• Sites, lectures and books for those who want to understand the cryptocurrency →