When you want to receive your first Bitcoins, it’s time to install a bitcoin wallet. A bitcoin wallet is a computer program or smartphone application that can communicate with the bitcoin network and makes it very user friendly to send and receive bitcoin transactions.
A wallet also stores your private keys and your private keys are your keys to your bitcoins. Therefore it is very important to research different wallet providers if they can be trusted. Remember that anyone or any program or service that has access to the private keys of your bitcoin wallet, can potentially steal them. However, if you do things right you can lower these risks to a minimum.
The bitcoin community constantly reviews wallets and checks the codes of wallets which are open source. This ensures that there isn’t any harmful code embedded and the wallet is safe to use. It should be a given for any wallet you use that it’s provider releases the code open source.
To help you make a good decision which wallet to use we have listed a few options below. We do not take any responsibility for the functionality of the suggested wallet but we are using those wallets ourselves and can speak from experience.
A simple to use wallet that also has lightning payment functionality. It is open-source and non-custodial.
A beginner friendly wallet with great safety measures.
A wallet which is often recommended due to it’s additional privacy features.
Electrum Wallet (Desktop)
A desktop wallet with a long trust record
If you have problems or questions in regards to the installation and usage of wallets don’t hesitate to contact our support.