Once you start getting involved with Bitcoin, it is paramount to take proper security precautions to ensure your funds are safe at all times. Computer users, who run any Bitcoin wallet software on their machine, are the most vulnerable targets for hackers trying to steal Bitcoins. Luckily for all of us, there are some basic steps users can take to create a far more secure environment.
Buying Bitcoin has become increasingly easier in the past few years, with so many exchange platforms and Bitcoin ATMs popping up all over the world. That being said, buying Bitcoin remains one of the most difficult hurdles to overcome for novice users. Plus, verification procedures are not making matters any easier.
Buying Bitcoin – What Do I Need?
Before you can start buying Bitcoin, there are a handful of things you will need. First of all, you will need to install a Bitcoin client, either on your computer or mobile device. The installation procedures are very straightforward and self-explanatory. Once you have a Bitcoin client installed on your preferred device, a new wallet address will be generated on your behalf. This address is of great importance, as this is where your future Bitcoins will be sent to.
Making Bitcoin more accessible and appealing to the everyday consumer is a difficult task. While there are several reasons for this problem, one of the most obvious ones is the fact that most everyday consumers have no idea what Bitcoin is, let alone why they should care. Many developers are preparing for that “Bitcoin adoption rush” which is destined to take place sooner or later. In order to accommodate those needs, we need plenty of mobile Bitcoin wallets to choose from, such as the CoinSpot Bitcoin Wallet.
Creating a mobile Bitcoin wallet is not an easy feat, as developers are targeting a very wide audience in doing so. Some people are more tech-savvy than others and you also have to account for younger and older users. Easbit, a company specializing in Bitcoin wallet mobile technology, create the first granny-proof wallet. But what is under the hood?
Easbit – Granny-Proof and Functional
Most mobile Bitcoin wallets are developed by companies who want to create a user experience, yet also require those users to remain locked down in a certain ecosystem. It goes without saying this is not in line with the Bitcoin ideology, as digital currency is all about decentralization and giving people the tools they need to access any type of service.
The list of mobile Bitcoin wallets keeps growing on a regular basis, so the time has come to review some more applications that may be of use to our readers. As we have seen over the course of this series, most mobile Bitcoin wallets are focusing on ease-of-use while still keeping security in mind. Let’s see if Bitdash Bitcoin Wallet follow that trend, or offers something unique.
Another mobile Bitcoin wallet has come to my attention as I keep looking for the perfect mobile wallet to suit my needs. BCoiner Bitcoin Wallet has not been updated since December of last year, so it looks like it is not based on the latest release build of the Bitcoin Core client. Keep that in mind before downloading this application.
BCoiner Bitcoin Wallet – No Bells & Whistles
Unlike most mobile Bitcoin wallets, BCoiner is not priding itself on giving you tons of bells and whistles that you may [not] need at all. The developers of this mobile wallet have kept the most important aspects in mind, which are security, ease-of-use and creating a trustworthy environment for both novice and experienced users alike.
Time to take a closer look at yet another mobile Bitcoin wallet. The interesting side of this new wallet, we will be discussing is the fact it is also available for smartwatches, which make Bitcoins even more portable compared to mobile devices. LUXSTACK is not your average mobile Bitcoin wallet, so let’s see what else they have to offer.
LUXSTACK for Bitcoin
Some of our readers may have heard the name LUXSTACK before, as this Japan-based company is focusing a lot of attention on making Bitcoin more portable and accessible to the everyday consumer. And even though their Android wallet has only had between 100 and 500 downloads, that number may increase in the future.
When it comes to finding the ultimate mobile Bitcoin wallet, there are multiple factors you will need to take into account. That being said, there is no reason you couldn’t install multiple mobile Bitcoin wallets to suit your needs, depending on the situation. Keeping that idea in mind, let’s take a look at what Pheeva Bitcoin Wallet can offer us.
Pheeva Bitcoin Wallet – A Simple Hot Wallet
The term “hot wallet” refers to the fact that this Bitcoin wallet is meant for personal usage. Rather than focusing on special features that most everyday consumers will never use, Pheeva has been working hard to create a simple and elegant Bitcoin wallet. After all, the most important aspect – for most people – is the fact they can access and spend their BTC on the go.
So many mobile bitcoin wallets to choose from, and we are still looking at one that will suit my personal needs. Even though some fantastic candidates have been reviewed already, you just never know what the next mobile Bitcoin wallet might bring to the table. Keeping that train of thought in mind, let’s take a look at SpectroCoin Bitcoin Wallet!
SpectroCoin – The All-in-one Bitcoin Solution
Most of our readers have probably never heard of SpectroCoin before, even though we recently did an article on their progress regarding Bitcoin in the Baltic states. But have no fear, as we will quickly recap what this company does and why they think their services can become invaluable to Bitcoin users worldwide.
Time to take a look at some more mobile Bitcoin wallets, wouldn’t you agree? There are still plenty more we have to go through, and today’s pick is ANX Vault – Your Bitcoin wallet. Some of our readers may have heard the name ANX before, but, for those who don’t know their business model, we will explain what they do. Sit back, relax, and read on!
ANX – Bitcoin in Everyday Situations
Making Bitcoin accessible and available to everyday consumers is one thing, but getting them interested in using the digital currency is a different matter entirely. ANX is a company dedicating themselves to change that perspective, as they want to come up with easy and convenient ways to integrate Bitcoin payments into our daily lives.