Bitcoin Cash SV(also known as BSV or BCHSV, where SV stands for Satoshi Vision), is one of the latest and newly formed cryptocurrencies created out of Bitcoin Cash hard fork on November 15, 2018. The Bitcoin SV project has been created at the request of Antiguan-based CoinGeek Mining(even sponsored by them), with a development work initiated by nChain.The Bitcoin SV vision aims to provide assured stability with its limited and well-known set of changes planned for restoring the Bitcoin protocol to its original design, which might enable innovation to occur on top of a stable base protocol.
As per a recent Reddit post, Bitcoin Cash SV's hash rate crossed 51% and a mining pool group had control of around 52.78% of the BSV blocks, which later got slipped to 50%, which was too close for an attack, which could've happened.
Bitcoin SV paves the way for the BCH blockchain to support higher transaction volumes and more transaction fees for the miners, which will help the miners attain profitability as the block reward keeps on halving every year.
The top 6 best BCH SV wallets in 2020 are:
Atomic wallet is one of the best wallets supporting BCH SV, which is a desktop wallet. Atomic wallet helps the users stay anonymous and secure by advocating decentralization in their process. You can control your own funds and can swap tokens efficiently, as and when required. Atomic wallet is a multi-currency wallet that supports Bitcoin, Bitcoin Cash, Bitcoin Cash SV, and many more currencies. It is compatible with Mac, Windows, Ubuntu, Fedora, and Debian.
Click here to access Atomic wallet
Edge wallet is one of the most prestigious multi-currency wallets, which can be used even by beginners. You can buy, store and trade multiple cryptocurrencies in a single app, where 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.
Click here to access Edge Wallet
Coinomi is one of the oldest multi-platform, multi-chain cryptocurrency wallets available, trusted by over 2.5 million users. It is a Hierarchical Deterministic wallet that offers native support for over 125 blockchains and 1770 tokens and implements the strongest standards of security and privacy. It supports multi-seed setups, and each seed phrase can have its own encryption settings, according to its use case. No user data are ever collected by Coinomi, while users' IP addresses are obfuscated for total privacy. Coinomi was one of the first wallets to offer native segwit for BTC and 14 more blockchains, and users can switch between native segwit, compatibility, or legacy address formats with the click of a button. Users enjoy full control of their transaction fees and UXTOs in Coinomi while its UI is hailed as one of the most intuitive in the space, suitable both for first-timers and advanced users. Coinomi is translated in over 25 languages and boasts 175 Fiat representations as well.
Click here to access Coinomi Wallet
HandCash is one of the easiest ways to store Bitcoin Cash SV, which works like handing regular cash, wherein you just need your username/handles instead of the regular address. You can backup your account in the Google drive and can recover the account in one click. It runs on the main net and is considered as one of the top BSV wallets Android.
Click here to access HandCash
CentBee is the easiest way to store and send Bitcoin Cash SV(BSV) which still hasn’t developed the facility for backup and recovery so the user must remember the 12-word phrase/PIN otherwise he might end up losing the coins. It has developed a streamlined sending process, with a reset wallet function in their settings and scalability improvements recently, and can be looked forward as one of the best BSV wallets IOS.
Click here to CentBee
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.
Click here to access Guarda Wallet.
Ledger Nano S is also going to introduce BSV very soon, after which it might turn out as the best hardware BSV wallets.
CoinSwitch enables businesses to convert over 300 cryptocurrencies with our powerful Fixed and Dynamic rate APIs. CoinSwitch exchange APIs are being used by many top cryptocurrency wallets across the globe like Trezor, Exodus, imToken, Guarda etc. Are you interested in providing your users an option to exchange coins within the wallet? For more information please reach out to firstname.lastname@example.org or refer our API documentation.
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