Bitcoin is the most popular cryptocurrency across the world, with the highest market capitalization. Bitcoin has always been associated with virtual currency, no matter how many ever cryptocurrencies keep coming.
Indian crypto enthusiasts have always been enthused about investing in the most powerful global asset,i.e, Bitcoin. But there has been always a bit of skepticism leaned towards security, and how safe the digital assets can be. Bitcoin and other cryptocurrencies can be safely stored in wallets, which are protected by passphrase or password.
Inspite of that, we’ve come across unfortunate news of wallets getting hacked. In order to keep your Bitcoin safe, you need to choose the best bitcoin wallets in India, which can assure the security of your crypto assets.
Let us check the best bitcoin wallets in India:
Exodus is one of the best Bitcoin desktop wallets in India which supports more than three dozen cryptocurrencies including Bitcoin, Litecoin, Dash, Zcash, Ethereum among the popular ones. Check the everyday BTC to INR rate.
As Exodus is a lite wallet, you never have to store the entire blockchain on your desktop. It’s said this Lite wallet is one of the best to store Litecoins.
Exodus has a very good interface with good access to the wallet, i.e full control. Transactions over a crypto network can be made directly through the Exodus wallet. The transaction fee is paid to the network itself and not Exodus.
#2 Trust Wallet
Trust Wallet is one of the most secure mobile Bitcoin (BTC) wallets, where the private key can be stored locally and compatible with ERC20 and ERC223 tokens. It is an open-source platform that keeps your personal information safe.
It’s being acquired by the leading exchange – Binance, enables you to trade instantly with high security and trust. It is compatible with both ios and android versions. Trust Wallet also offers a Web3 browser which can be used to interact with any decentralized application (dApp)
#3 Bread Wallet
Bread wallet is a standalone cryptocurrency wallet for Android and iOS devices. It supports major coins like Bitcoin, Ethereum, and Bitcoin Cash and Ethereum ERC20 tokens.
The BRD app connects directly to the cryptocurrency networks, where the wallets are stored. The keys to accessing the wallets are securely stored on the phone. The BRD app provides a unique Paper Key, which is a list of 12-words which can be used to recreate the keys to your wallet. If the phone is lost or upgraded, this Paper Key helps to recover the wallets and funds.
#4 Edge Wallet
Edge Wallet is one of the most prestigious multi-currency wallets, which can be used even by beginners. Once you buy a cryptocurrency, you can store it in your wallet and trade multiple cryptocurrencies in a single app. You are in total control over your private keys. Edge is focused on user privacy and security, hence they adhere to cutting edge technology where the users can have secure access with just a PIN or touch ID.
#5 ZelCore Wallet
Zelcore is a multi-asset platform that supports over 100 coins and tokens. The wallet currently supports Linux, Windows, and macOS and is available for download on mobile devices (phones and tablets running Android and iOS. Privacy is of the utmost importance to the Zel team and they do not store any backups or files on a central server.
#6 Guarda Wallet
Guarda Wallet is a top multi-currency wallet that allows users to send, receive, exchange, manage and store coins from over 45 blockchains and thousands of tokens. It also supports human-readable addresses and delegation.
The wallet provides complete privacy and safety to the users, especially with its multi-signature feature, enabling users to validate transactions with two or more signatures.
Being a non-custodial wallet, it does not store any personal data of the users instead encrypts the backup and keeps it onto the user’s device. The wallet is very user friendly with its interfaces compatible with Web, Desktop, Mobile (iOS, Android) and Chrome Extension versions. Guarda has a built-in exchange and staking option as well.
FAQs on Best Bitcoin Wallets in India
- Which is the best bitcoin wallet?
All the above-mentioned wallets are considered the top wallets in India.
- Can we buy bitcoin in India?
Yes, you can buy Bitcoin in India easily by downloading the CoinSwitch app.
- How can I open a bitcoin wallet in India?
It’s very simple, you can just go and log in, and follow the steps. Just keep in mind which device-compatible would you want your wallet to be.
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.
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