Bytecoin is a peer-to-peer digital cryptocurrency released back in July 2012. Since then, its value has slowly been on the rise, putting it in direct competition with other widely used and leading cryptocurrencies like bitcoin and Ethereum. Bytecoin gives users that additional layer of anonymity and security by obfuscating the transaction addresses of senders and recipients of BCN. Bytecoin’s highest value comes from the advances in the way bitcoin's (BTC) blockchain stores the public addresses and transactions of the senders and recipients.
Bytecoin is a cryptocurrency which is based on CryptoNote technology. BCN secures the user’s privacy with impassive and unsigned transactions. Bytecoin is an independent currency which is developing solely from Bitcoin and its derivatives. The basis for creating Bytecoin is unique cryptoNote technology. It is an open-source code that is designed for anonymous cash settlement. Bytecoin wallet mining is fairly simple, download the Bytecoin simple wallet and daemon on the downloads page, and open the Bytecoin daemon so it can begin to synchronize with the Bytecoin network.
The top 5 Bytecoin wallets in 2020 are:
As there is no official Android Bytecoin wallet, there is one by the free wallet and it works amazingly well. It has got solid reviews on play store and has several useful features like the ability to buy BCN with credit or debit card. Bytecoin wallet for Android is a guide to the crypto world, that is aimed to simplify crypto specifics and make access to coins easier. There is no Bytecoin wallet IOS yet and it is on the progress to the release of BCN wallet IOS.
Link: ByteCoin Android Wallet
The official Bytecoin(BCN) wallet is available for all major desktop operating systems including Windows, Linux, and Mac OS. Once installed, you get a BCN address which you can use for receiving and sending bytecoin. This BCN wallet is the most secure one since the private key is with you. You ought to make sure you save that private key and save copies of it in a different place so that you do not lose it. This is one of the best bytecoin wallets available where you can find the bytecoin wallet balance secure in your desktop itself.
Bytecoin web wallet is one of the most secure wallets as it has additional features. It has introduced code and wallet function optimization and a QR code reader. It can even monitor the rates by clicking on the header. You can even find direct links from the hash to the block explorer.
Link: Bytecoin Web Wallet
This is one of the best web wallets for Bytecoin(BCN). It lets you store other popular currencies also apart from BCN and offers a simple user interface which is excellent for novice users. You got to pair that with rock-solid support and you have a winner in your hands.
Link: Cryptonator Wallet
A paper wallet can be literally printed on a sheet a paper, which means that you hold all your coins, all the time. This is not only one of the most secure method, but also means you will always have your Bytecoin with you. Setting up a paper wallet for BCN is easy and lets you have full authorization to your currency.
Link: ByteCoin Paper Wallet
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