What are the most efficient software wallets, and how much do they cost? Here are some crypto software (BitPay, ZenGo, Gemini) wallets for storing cryptocurrency on a laptop or other device.
You may be wondering how to keep bitcoin and other cryptocurrencies safe and secure if you own them. A cryptocurrency cannot be stored in a bedside drawer or a safe because it is a digital form of money. Instead, it must be stored on a piece of hardware or software wallet.
BitPay crypto wallet
BitPay is a bitcoin payment service provider based in Atlanta, Georgia, USA. Tony Gallippi and Stephen Pair founded it in May 2011. BitPay offers merchants Bitcoin and Bitcoin Cash payment processing services.
How does the BitPay Wallet app work?
Buy or swap crypto at great rates and minimal fees. Store and manage your assets safely and securely across platforms. Connect any compatible wallet with our Bitcoin debit card or buy gift cards to start spending your crypto. Users may connect other cryptocurrency wallets within the BitPay app including Metamask, Trezor, Electrum, Ledger, Coinbase, Exodus, Kraken, Bitcoin Core, Trust Wallet, and many more.
What coins does the BitPay Wallet app support?
BitPay supports Bitcoin, major alt coins, tokens, and stable coins. We are constantly evaluating and adding new coins. Currently we support: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Dogecoin (DOGE), Shiba Inu (SHIB), Litecoin (LTC), XRP (XRP), Dai (DAI), Binance USD (BUSD), USD Coin (USDC), Wrapped Bitcoin (WBTC), Pax Dollar (USDP), Gemini Dollar (GUSD).
ZenGo crypto wallet
The company was founded in 2018 and is based in Tel Aviv, Israel.
Bitcoin, Tether, Chainlink, and a variety of other cryptocurrencies are supported by the ZenGo software wallet. It also has some excellent security features, such as threshold signatures. These signatures are separated between your device and the ZenGo servers to provide a higher level of authorization security and significantly reduce your risk of losing your funds.
Furthermore, when you first sign up as a user, the app will scan your face, allowing you to access your wallet through a different device when necessary via facial recognition.
The ZenGo app is completely free to download, but you will be charged when you buy or trade cryptocurrency on the platform.
Gemini crypto wallet
Gemini Trust Company, LLC operates as a cryptocurrency exchange and custodian, allowing customers to buy, sell, and store digital assets. Cameron and Tyler Winklevoss founded it in 2014 as a New York trust company regulated by the New York State Department of Financial Services.
You can buy, sell, store, and spend cryptocurrencies. Its major selling points are security and ease of use. It supports trading in more than 40 cryptocurrencies and has its own currency, the Gemini stable coin.
The original and widely used Gemini crypto exchange gave birth to Gemini’s software wallet. It provides some useful features to users, such as insurance against unexpected losses of funds and two-factor authentication. In fact, Gemini provides one of the only crypto software wallets that is insured.
This wallet accepts the majority of major cryptocurrency coins, including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The app is also free to download, and you can use either Gemini’s hot or cold wallets. However, as with other apps, certain activities, such as transactions, will incur charges.