Bitcoin Wallets for iOS are very necessary because cryptocurrency is going to be one of the most valuable assets. Future of payments is cryptocurrency and we need something strong to secure these precious coins. You must know that when it comes to hardware wallet there is nothing equivalent. 90% of the online payments are done with mobile So we need to select one of the best bitcoin wallet available for our device.
What is a Cryptocurrency Wallet?
A cryptocurrency wallet is a storage of any cryptocurrency which is in form of a software installed in a server, PC and mobile. Wallets are also used for sending and receiving cryptocurrencies. Cryptocurrencies are not stored in a wallet but they show ownership of a public key which is connected to the amount of particular cryptocurrency. For example, if you purchase some BCN from Binance then the exchange will show the amount of holding of your BCN in a BCN Wallet. Thus cryptocurrency wallets act as a storage of private and public allows for sending and receiving payments, and a ledger of transactions.
Types of cryptocurrency Wallets
- Hardware Wallets – Hardware wallets are specifically made to hold cryptocurrencies. Hardware wallets are in shape of a USB stick It is the safest way to hold coins. You can also make transactions with the help of this wallet.
- Desktop Wallets – A Desktop wallet uses in-app coins client. It is the most common way to store cryptocurrencies.
- Mobile Wallets – Mobile wallets are installed in a smartphone. It is the most feasible way to store coins and it makes easier to perform transactions.
- Paper Wallets – As the name suggests you have to note down your public and private keys. The paper wallet also allows you to send and receive coins.
Here are some of the best bitcoin wallet for iOS device