How to choose the best Bitcoin wallet

When you buy your first bitcoin, you need to decide where to put it. A Bitcoin wallet acts not only as an ultra-secure digital vault, but also as the app you use to manage your bitcoin. The best Bitcoin wallets enable you to send and receive bitcoin (and other cryptocurrencies), trade between cryptos, discover new ways to use your bitcoin and other cryptos, get market updates and news, and even interact with smart contracts. In this guide we'll take you through the key factors to consider when choosing a Bitcoin wallet.

This guide focuses on software wallets. For more information on other wallet types (hardware, web, and paper), please see this article.