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Wednesday, 14 February 2018

KEEPING YOUR BITCOINS SAFE IS NOT THAT DIFFICULT! - TECHNOLOGY

        ~BITCOINS~

In this modern world we all want to use cashless currency or we can say digital or cryptocurrency. While cryptocurrency is untouchable or invisible currency, on the other hand it's also very easy for the hackers to steal those cryptocurrencies. Cryptocurrency like Bitcoin, Ethereum, Ripple, Cardano, Litecoin, Dash and many more are very unstable and is very hard to keep them safe from the hackers. According to reports, BLACK HAT HACKERS stolen cryptocurrency worth of billions of dollars and $530 million theft is the biggest among all those which happened a week ago.

     KEEP THEM SAFE!

The most safest way to keep the cryptocurrency to yourself is to keep them in the wallet which is trusted and safe. Most importantly, the wallet where you will keep those cryptocurrency must has very advanced security or two step authentication so that you will come to know about the transaction which will be done through that wallet.
KEEPING YOUR BITCOINS SAFE IS NOT THAT DIFFICULT

One thing which is very bad about cryptocurrency is that we can't even file a case or an FIR to the cyber police or any Govt. body after the theft because nobody accept cryptocurrency. But don't worry everything has its good side and cryptocurrency also has its good side. There are many wallets which can be trusted to keep cryptocurrency. Here are the list of some of the wallets which will be easily available:

i) BLOCKCHAIN: It is the world's most popular digital wallet. The transaction of BITCOIN and ETHEREUM can be done safely and with ease. You can also check the rate of exchange of BITCOIN to other currency and can transfer them easily. This application allows you send and receive BITCOIN or ETHEREUM instantly with anyone in the world and you will be the only one who can access to your funds, i.e. it's encrypted. It also features two factor authentication to keep your funds protected from bad guys and has received many good ratings from the world class researchers.

Download it from here: FOR iOS|||FOR ANDROID

ii) BITCOIN WALLET: Nowadays, BITCOIN is the most popular digital currency and this wallet is the world's most popular BITCOIN wallet. This wallet has nearly 2 million customers which shows that it is a trusted wallet. You can buy BITCOIN easily, store it securely and can spend it conveniently. It allows the users to send their BITCOINS to their friends, families or shops to let them enjoy cashless transactions. Also, you can send BITCOIN via email, QR code with zero transaction fees which is something every users want. This application also allow users to remotely disable their phone's access if its lost or stolen.

Download it from here: FOR iOS|||FOR ANDROID

iii) BITPAY: Bitpay is the type of wallet which provides us too much ease. With the BITPAY wallet, your private keys and your money remain in your control at all times and the plus point is that while using BITPAY you are generally using code that's 100% open source for community testing and audits. The special feature of BITPAY is that it allow users to turn their bitcoin into dollars with the BITPAY Visa Card. In spite of being an open source, it is safe and secured. It supports Bitcoin and Bitcoin cash, integration for buying Amazon.com gift cards and also support 150+ currency pricing options and unit bitcoin payments. Considering all these facts, you should must give it a try.

Download it from here: FOR iOS|||FOR ANDROID
KEEPING YOUR BITCOINS SAFE IS NOT THAT DIFFICULT

iv) CoPay: It is also monitored by BitPay and so it has all the features which we will in BitPay. CoPay users can hold funds individually or share finances securely with other users with multisignature wallet, which prevent unauthorized payments by requiring multiple approvals which seems quite safer than BitPay. The amazing features which CoPay possess is that all the private keys are stored locally and not in the cloud(their servers). This means that all the private data will be stored in your device only and not online which ensures safety. The only disadvantage of using this wallet is that it requires Android 4.2 and up in order to ensure more safety. It's the most safest wallet I've ever came across and I will personally recommend to use it once.

Download it from here: FOR iOS|||FOR ANDROID

v) ZebPay: ZebPay is also a famous cryptocurrency wallet but it is more popular in India. In fact, it is the leading cryptocurrency exchange in India with over 3 million users. This wallet has been featured in Forbes India, Zee Business, Times of India, The Economic Times, The Indian Express and more. It is also considered as the world's simplest cryptocurrency exchange and wallet. You can use Zebpay to exchange bitcoin, bitcoin cash, litcoin, ripple and other cryptocurrencies in India. Moreover, it provides its users a widget, known as "Rate Widget" which makes it easy to see the
Bitcoin rates on the Home Screen. It also has push notification which alert its users whenever the rate changes and you can set your own custom alerts from settings. Seems interesting, don't forget to give it a try!

Download it from here: FOR iOS|||FOR ANDROID
KEEPING YOUR BITCOINS SAFE IS NOT THAT DIFFICULT

These are the some of the safest, simplest wallets which will keep your cryptocurrency safe. Although there are many wallets which promise you that they will keep your funds safe but they can't be trusted. The wallets listed above are mentioned after proper research by our team and after we used them. You must give them a try, at least once. Share it!!!

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Good Bye... Cheers!!!

About Author

Shivam
Shivam

A tech and gadget lover who is passionate about writing. Life Goals: To shout from the Mountain Peak: Yes, I did it.

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