Whilst you can buy hardware wallets, if you own an Apple phone, you can choose to store Bitcoin in an iOS wallet. Even though your exchange might offer a free, in-built wallet, it is not recommended to store large values of cryptocurrencies there indefinitely. Why do you need a Bitcoin Wallet for iOS?ĭepending on which reputable cryptocurrency exchange you’ve chosen to buy Bitcoin from, you will likely need an external wallet to store it in. In this guide, you will learn about the best iPhone Bitcoin wallet and which ones closest match your preferences. There are a variety of wallet types available, but only a few work securely on smartphones. We gave preference to companies with the strongest security measures and reputations. Companies with rich features, such as supporting a large number of crypto assets, giving users the ability to sync with hardware wallets, and allowing for fee customization, also ranked highly.An important part of owning Bitcoin is storing it securely, especially as it becomes even more valuable. Our team of writers, who are experts in this field, then provided their qualitative points of view.

Our review process is built around key factors like security, costs, privacy, usability, customer support, and features according to their importance. To help determine the wallet that works best for you, we conducted a comprehensive review process of the top cryptocurrency software wallets. One of the most important things to consider before you transact in and store cryptocurrencies is that you have a suitable crypto wallet in place.

Crypto enthusiasts should take care to store the bulk of their assets meant for trading on exchanges using cold storage methods, and never share their wallet’s login details, recovery phrase, or private keys with anyone. While all leading cryptocurrency wallets provide a high level of security for safekeeping your crypto assets, improper security practices on behalf of the user can lead to a complete loss of funds.

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