Bitcoin Gold Wallet

Anisa Batabyal
| 08 May, 2020 | 2 min

What is Bitcoin Gold Wallet?

Bitcoin Gold has been created as a result of a hard fork of the original open-source cryptocurrency that took place on October 24, 2017. While hard forks take place for a variety of reasons including for the purposes of scaling as a crypto customer base grows, or because of developer conflict of opinions and differences of goals – BTG's stated purpose has been to "make bitcoin decentralized again."

One of the major problems with bitcoin which led the development of bitcoin gold wasn't related to the question of central issuance but, it had to do with the mining process. Bitcoin gold developers believed that by adopting an innovative algorithm for the Bitcoin Gold mining pool (in this case, a proof-of-work algorithm called Equihash), the new branch of the world's most popular cryptocurrency by market cap, Bitcoin would not disproportionally favor major mining operations. We know the most profitable mining ventures are often those which BTG mining pool together a big number of mining rigs, each of which requires special, expensive equipment.

List of best Bitcoin Gold wallets in 2020

#1 Bitcoin Gold Core (Desktop Wallet)

The Bitcoin Gold Core wallet is the official full-node wallet of the digital currency, and it stores your private keys on your computer. As well as sending, storing and receiving BTG, it even allows you to mine BTG.

It is available for Linux, Windows and Mac OS, and is a secure storage option which allows you to manage and control your BTG holdings, and is one of the best bitcoin gold wallets online as per the bitcoin gold website.

Link: Desktop Wallet

#2 Exodus

Exodus is a desktop wallet which can be used to store a wide variety of cryptocurrencies, including Bitcoin Gold. Exodus is actually free to download and has been mainly designed for people who are starting anew out in crypto and hence might not be ready to drop any money on a hardware wallet. The interface avoids using overtly technical language and has a hands-on support system in place, including a comprehensive list of FAQs and articles explaining its features, troubleshooting and more. Hence it is a user-friendly wallet, mostly for beginners in crypto trading.

Link: Exodus Wallet

#3 Freewallet

Free wallet a developer of more than 20 crypto wallet apps for a variety of coins and tokens, has launched the world’s first dedicated Bitcoin Gold Wallet. Free wallet was one of the first wallet developers to announce full support for Bitcoin Gold and is a Multi Wallet app, which is currently available both on iOS and Android. Just like any other Free wallet app, the new wallet allows not only to store and conveniently transfer BTG safely but also to exchange smoothly to and from other coins right in the app, with only a couple of taps. And is one of the best bitcoin gold wallet for IOS. 

Please be informed that Freewallet is a custodial wallet service and you won't have access to your wallet private keys when you are keeping your coins in Freewallet.

Link: Freewallet Link

#4 Ledger Nano S

The Ledger Nano S is exceptionally one of the most popular hardware wallets available which looks like an ordinary USB drive, but it even features a built-in screen and even transaction confirmation buttons. Known to be simple and secure, the Ledger plugs into your computer through the USB port when its necessary to access your crypto holdings.

One of its main features is the small organic LED screen built into the device, that provides additional protection when you display your private keys. It is proved to be one of the best bitcoin gold wallets.

Link: Ledger Nano S

#5 Edge 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.

Link: Edge Wallet

#6 Trezor

The Trezor hardware wallet is yet another popular choice for anyone who wants to store their crypto offline and is the most secure hardware wallet, cheaper than Ledger. Trezor is a USB-style hardware wallet that has been designed to provide protection against the threat of keyloggers which might record the keystrokes necessary to gain access to your funds. Trezor does this by creating or generating a randomized PIN code every time you want to access your wallet and by displaying it on the LED screen of the device, so it’s for your eyes only.

Link: Trezor

#7 Coinomi

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

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 partnership@coinswitch.co or refer our API documentation.

About CoinSwitch

CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through the global exchanges like KuCoin, IDEX, Changelly, Cryptopia, ChangeNow and Changer without creating an account on them. If you are interested in buying cryptos, do give it a try!

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