10 Best Bitcoin Storage Wallets in 2024

Best Bitcoin Storage Wallets

Last updated on January 29th, 2024 at 9:19 am

Bitcoin is a paperless currency that can’t be stored in your physical wallet. For bitcoins trading and storage, users required digital cryptocurrency wallets to securely store and access coins. The bitcoin storage wallets are software applications to password protect and encrypt your cryptocurrency. In this post, we have shortlisted the best ten bitcoin storage wallets, so you can easily access and transfer your cryptocurrency. 

10 Best Bitcoin Storage Wallets in 2024

We have analyzed multiple different types of cryptocurrency wallets online, and the following ten bitcoin storage wallets come as a winner for our team:

1. Coinbase 

Rating: 4.6/5

Storage Type: Web and Mobile 

Number of Users: 13,300,000+

Net Revenue: $1 billion 

Price: Based on the transaction size. 

Coinbase is a leading digital currency exchange founded in 2012 by Brian Armstrong and Fred Ehrsam. The company deals in the exchange of bitcoin, Ethereum, Litecoin, Tezos, and various other cryptocurrencies. The Coinbase wallet is one of the best cryptocurrency wallets in 2024, with powerful security and privacy features. Plus, Coinbase Pro is an active trading platform with a robust interface, API support, and simple fee structure to quickly trade your digital money. 

Coinbase

Lucrative Features 

  • You can sell and buy any digital currency with Coinbase in more than 190 countries. 
  • Coinbase wallet app can be easily downloaded on your iOS and Android devices. 
  • Coinbase lets you schedule trading based on a daily, weekly, or monthly basis. 
  • It is one of the most secure and largest crypto exchanges out there. 

Pros 

  • Easy to use. 
  • Highly reputable crypto exchange. 
  • The best security features. 

Cons 

  • Transaction fees are very high. 
  • Often faces downtime problems. 

2. Trezor 

Rating: 4.3/5

Storage Type: Hardware wallet

Number of Users: 1M +

Net Revenue: $3 million

Price: $59

Trezor is a hardware bitcoin storage wallet that you can carry in your pocket. It can store your cryptocurrency offline and can be plugged into any computer or smartphone. The wallet has a small screen that you can use to manage your secure connections. With this hardware wallet, you’ll get multifactor authentication and 1,000+ digital currencies support. As per your budget and feature requirement, you can select the Trezor wallet model. 

Trezor

Lucrative Features 

  • Trezor wallet supports Windows and iOS operating systems. 
  • It is powered by a lithium battery that can run for long hours without charging. 
  • The hardware device is very lightweight, which you can easily carry in your pocket. 
  • With a touchscreen model, you can easily manage your digital coins’ security without connecting with a computer or smartphone. 

Pros 

  • Strong offline security. 
  • Supports more than 1,000+ currencies. 
  • Easy to manage through the touchscreen. 

Cons

  • Hard for non-technical people. 

3. Binance Chain

Rating: 4.2/5

Storage Type: Web and Mobile Wallet

Number of Users: 15,000,000+

Net Revenue: $1.3 Million

Price: The fee schedule varies. 

Similar to Coinbase, Binance Chain is a cryptocurrency exchange that offers a smooth trading experience. In 2018, Binance was the largest digital currency exchange in the world based on the trading volume. Initially, Binance was based in China, but due to China’s strict regulations related to cryptocurrency, the company’s headquarters was moved to Malta. If you often trade in a Binance exchange, getting a Binance wallet can definitely improve your trading experience. 

Binance Chain

Lucrative Features 

  • You’ll receive a series of trading tools with a Binance wallet. 
  • The Binance security and safety guidelines are very strict, and also they offer 24*7 customer support. 
  • You can install and use Binance wallet from iOS, Android, Web, and PC. 
  • Averagely $1.2 billion worth of trading activities is daily performed on the Binance exchange. 

Pros

  • Fast browsing speed. 
  • Secure steps for account setup and transactions. 
  • Great Altcoin support and offers. 

Cons 

  • Customer care support takes too long. 
  • Too many technical glitches. 

4. Ledger

Rating: 4.2/5

Storage Type: Hardware and Mobile Wallet

Number of Users: 1M +

Net Revenue: $75 million 

Price: $59 or $119

The Ledger hardware wallet is one of the cheapest cryptocurrency wallets. The Ledger Nano X and Ledger Nano S can safely store your bitcoin in offline mode. It is a small wallet about the size of a USB flash drive that can easily connect to your phones or computers. The device has a stainless steel cover, which makes it highly durable. With Ledger Live software, you can easily send and receive digital money and check your current balance. 

Ledger

Lucrative Features 

  • With Ledger Nano S, you’ll get 27 currencies support and 6x storage capacity. At the same time, Nano X offers 100x application storage capacity. 
  • Both the hardware wallets are Bluetooth enabled. 
  • Highly secure chips similar to the ones used in a chip-based credit card or passport are used in the wallet. 
  • You can buy, exchange and sell more than 27 coins and 1500 tokens with Ledger Live software. 

Pros 

  • Highly secure. 
  • Multiple currencies support. 
  • Bluetooth-enabled devices. 

Cons 

  • It is complicated to use for beginners. 
  • The process to buy and load currency into an external hardware device is highly technical. 

5. Nominex

Rating: 4/5

Storage Type: Web and Mobile Wallet 

Number of Users: N/D

Net Revenue: $156.9 billion 

Price: Charges 0.10% Fees

Nominex is a bitcoin storage wallet as well as a cryptocurrency exchange registered in Estonia. It is a new crypto exchange that just launched in 2019. Therefore, this cryptocurrency wallet has many new features, like it won’t require KYC and it has Visa and MasterCard support. Additionally, the military level security is very powerful. On the top, the company has announced that they will launch staking, copy trading, and leverage in the near future. 

Nominex

Lucrative Features 

  • You can safeguard your funds with a military-grade security system. 
  • Nominex has a vast crypto exchange infrastructure. 
  • The company has created 150+ minutes of crypto trading educational courses for the new traders. 
  • They often host trading tournaments to make digital trading more fun. 
  • A DeFi token with a unique team farming option is a great feature. 

Pros 

  • Military-grade fund protection. 
  • It can easily exchange 58+ currencies. 
  • Nominex has a nice affiliate program. 

Cons 

  • It is still in the development phase. 

6. BlockFi

Rating: 3.8/5

Storage Type: Web and Mobile Wallet 

Number of Users: 125,000+

Net Revenue: $8 billion 

Price: It’s free to sign up for BlockFi, but the trading cost depends upon the transaction amount. 

BlockFi lets you buy, sell, or exchange cryptocurrencies, including BTC, ETH, LTC, and PAXG, as well as USD-based stablecoins, including USDC, USDT, GUSD, and PAX. It is the best cryptocurrency wallet because it aims to increase interest rates and improve the crypto trading experience. You can use this platform independently or back up with financial giants like Fidelity and SoFi. 

BlockFi

Lucrative Features 

  • BlockFi enables native bitcoin trading without any hidden fees. 
  • You can open a BlockFi account for free without any hassle. 
  • You can trade and exchange all digital currencies such as Bitcoin, Ripple, and Ethereum. 
  • It can be downloaded on iOS and Android devices. 
  • The BlockFi Interest Account (BIA) offers 8.6% interest on stablecoins and 6% on BTC. 
  • BlockFi even lets you liquidate your crypto assets and borrow up to 50% of your assets’ face value. 

Pros 

  • It is a fees-less platform. 
  • Offers the best interest rates. 
  • Easy to use and access through the app. 

Cons 

  • BlockFi is only for native crypto users. 
  • The platform doesn’t provide any trading knowledge or training. 

7. Wirex 

Rating: 3.7/5

Storage Type: Web, Mobile, and Hardware Wallet

Number of Users: 3M +

Net Revenue: $1 billion 

Price: Exchange rate constantly changes. 

Wirex is the next-generation multi-currency travel card and bitcoin storage wallet. It can automatically convert more than 12 digital and traditional currencies. When you want to travel abroad and freely spend your digital money in real life, you can use Wirex. With this card, you can manage your traditional bank and crypto accounts together. 

Wirex

Lucrative Features 

  • You can track payments and manage your account with live in-app messages. 
  • Wirex lets you transfer traditional and digital currencies anywhere around the globe. You can receive and send payments without any additional cost. 
  • Wirex offers the OTC exchange rate and unrestricted access to live interbank rates for traditional currencies. 
  • This crypto wallet is PCI DSS Level 1-certified that offers a high level of fund protection. 

Pros 

  • Earn bitcoin rewards. 
  • Low fee structure. 
  • Easy to set up and use. 
  • Globally accepted. 

Cons

  • It isn’t useful for ATM withdrawals. 
  • You’ll be charged a 3% fee when you make purchases in different currencies. 

8. SoFi

Rating: 3.6/5

Storage Type: Web and Mobile Wallet 

Number of Users: N/D

Net Revenue: N/D

Price: Charges up to 1.25% on crypto transactions. 

SoFi offers a lot more than basic bitcoin storage wallet facilities. It is a brokerage-based financial company that provides investment, personal loans, credit cards, and other financial products. With this platform, you can easily buy, sell and store bitcoins and other cryptocurrencies. However, SoFi only supports six-digit currencies, and its wallet won’t offer dynamic features like other wallets on the list. But, when you want a full digital currency partner, SoFi has numerous options for you. 

SoFi

Lucrative Features 

  • SoFi has a high-end security system that can protect your coins against fraud and theft. 
  • You can trade crypto 24*7 on SoFi. 
  • With SoFi, you can buy crypto, stocks, stock bits, and ETFs on one platform. 
  • You can download SoFi apps on your mobile phones and trade anytime from anywhere. 

Pros

  • Easy to set up and use. 
  • Investments and crypto can be managed from one account. 
  • Many extra free financial tools and features. 

Cons 

  • Limited currencies support. 

9. Robinhood 

Rating: 3.5/5

Storage Type: Web and Mobile Wallet 

Number of Users: 13M +

Net Revenue: $180 million 

Price: Free 

Initially, Robinhood was a free stock trading platform, but slowly it started trading in bitcoin and other cryptocurrencies. Robinhood offers a bitcoin storage wallet as well as an exchange for easy sale and purchase of crypto. It is a mobile-friendly portal that can also be accessed from the web and desktop. Importantly, Robinhood is completely free and charges no commission while buying or selling bitcoins.

Robinhood

Lucrative Features 

  • You can invest any amount commission-lessly with Robinhood. 
  • Robinhood can customize your portfolio by comparing it with different companies to reduce risk. 
  • You can trade in real-time and always know the exact share prices.  
  • Robinhood offers a variety of other financial products like cash management, stock, and funds, etc. 

Pros 

  • No transaction cost. 
  • Easy to start. 
  • Mobile-friendly interface. 

Cons 

  • History of outages. 
  • Access to limited currencies. 

10. Mycelium 

Rating: 3.5/5

Storage Type: Offline Cold Storage Wallet

Number of Users: 235,000

Net Revenue: N/D

Price: Anywhere between $0.25 to $7. 

Mycelium is one of the most popular cryptocurrency wallets for Android and iOS mobile devices. It is the best platform for new bitcoin traders with limited knowledge. With this wallet, you can get features like QR-code-based payments, offline storage, and control over your own private keys. Also, you’ll get a secure hardware wallet that works with the Glidera exchange API. It is free to install the Mycelium app, but you’ll be charged fees for sending and receiving bitcoins. 

Mycelium

Lucrative Features 

  • Mycelium’s ultimate security works without ID or data disclosure. 
  • The hardware wallet supports Trezor, Ledger, and KeepKey. 
  • You can get the complete transaction history with Mycelium. 
  • It is convenient to deal with crypto and fiat currencies. 

Pros 

  • Quickly download and start. 
  • Highly secure due to offline cold storage. 

Cons 

  • It can get overwhelming for amateur bitcoin users. 

Bottom Line 

If you are constantly trading with cryptocurrencies, you should definitely get a secure and fast wallet to store your earnings. We have disclosed our trusted 10 bitcoin storage wallets so you can try them without any hesitation. However, if you have any doubt, be free to mention in the comments.

Author Bio:

Dinesh Lakhwani

Dinesh Lakhwani, the entrepreneurial brain behind “TechCommuters,” achieved big things in the tech world. He started the company to make smart and user-friendly tech solutions. Thanks to his sharp thinking, focus on quality and the motto of never giving up, TechCommuters became a top player in the industry. His commitment to excellence has propelled the company to a leading position in the industry.

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