Dec 03, · If you are looking for the safest way to store your Bitcoins, then you’d probably want to go for Hardware Wallets like Ledger and TREZOR. In India, you can order them from Etherbit (Ledger Nano S, Ledger Blue, TREZOR & TREZOR model T Hardware Wallet in India). They are authorised reseller of Ledger & TREZOR wallets. Jun 23, · Bitcoin wallets are not specific to a country, you can download the best wallets available out there just by have a computer and an internet connection anywhere in the world. If you are talking about Exchanges where you can buy and sell bitcoins, Zebpay and Unocoin are your only two choices that are based in india. K views View 2 Upvoters. India is a popular place for people to buy bitcoin and is home to many Bitcoin ATMs. Here are the 18 best exchanges in India to buy bitcoin. Need a reliable bitcoin wallet? Have a look at our wallets .
Reliable bitcoin wallet india10 Best Bitcoin Wallet (Crypto Wallet) in India – Review
VISA and Mastercard deposits incur a 2. Skip to content India. Pros Diverse selection of markets Excellent reputation User-friendly interface Great customer support Low fees.
Cons Bitcoins can only be withdrawn in the form of fiat currency. Pros Established and trustworthy Supported worldwide Low fees Simple credit card purchases Clean user interface. Cons Verification procedure requires private information Lengthy verification time. Pros Established reputation User-friendly interface High liquidity Large purchasing limits Strong security.
Cons Support takes time to respond Slow bank transfers. Pros Respectable reputation Global support Reliable customer support Tiered verification Affordable fees. Cons Few payment methods Sophisticated UI. Pros Available worldwide High purchasing limits Dependable and trustworthy Excellent leadership and customer support Fast and secure transactions. Cons High fees when purchasing with a credit card or debit card Delay in processing time. Cons Bank transfers can take 1 to 5 days to complete Above-average fees.
Pros A large number of cryptocurrency pairs Strong security Privacy. Pros Trustworthy management High volume exchange Low fees A large number of cryptocurrency pairs Global support. Cons Buyers and sellers are at risk of being scammed. Pros Available in every country of the world A diverse selection of buyers and sellers Supports many payment methods Buyers get their bitcoins fast Private. Cons Lack of cryptocurrency diversity Both sellers and buyers have a chance of being scammed.
Pros Multiple funding methods Ability to purchase bitcoin at market rate Wallet and exchange. Cons The initial lag time Not supported in all countries. Pros Respectable reputation Supported globally No registration required Privacy Perfect for advanced traders.
Cons Few payment methods Not suitable for beginners. Pros Many cryptocurrencies and payment methods supported High liquidity Trustworthy management Good customer support. Crypto exchanges offering accounts or wallets are a type of web wallets where you store your bitcoins on their servers. The web wallets are online and are with third-party servers. The organizations running the servers and exchanges might shut down or they could gain access to your private keys. They are more secure than mobile and web wallets.
The only chance of losing is when someone hacks your PC when you are connected to the internet. Hardware wallets are the most secure way of storing your bitcoin.
The hardware wallets are in the form of external devices like USB sticks where the private keys are stored. Hardware wallets are immune to computer viruses and do not allow fund transfer using plain text. You need to press buttons to confirm transactions. WazirX, a crypto exchange based in India, also provides a wallet facility. So, you have a web or a mobile-based crypto wallet attached to the WazirX exchange. You have to open a WazirX account to use the wallet.
WazirX does not charge any deposit fee but withdrawals are subject to fees depending on the cryptocurrency and minimum withdrawal amounts.
Zebpay is a multi-cryptocurrency exchange that offers the facility of crypto wallets. Zebpay is back in operation following the brief closure enforced under the RBI advisory related to cryptocurrency. Your crypto assets at Zebpay are held in a secured pool and not in individual wallets with a private key. Zebpay allows you to transfer your crypto coins to other exchanges or your own wallet. For security, Zebpay stores all your crypto assets in cold wallets signed using HSM hardware security.
They also have proprietary security protocol Omnitrixx to protect all transactions. Presently, Zebpay charges a monthly wallet fee of 0. Which they are going to reduce once the full-fledged trading on the exchange resumes. Coinbase is a cryptocurrency exchange with a wallet facility. The exchange offers a mobile-based wallet to store and use your bitcoins and other cryptocurrencies. Coinbase app is decentralized from the crypto exchange and the wallet is held on your smartphones.
The app has a secure enclave Secure Element Technology and uses biometric authentication technology to keep your keys safe. Coinbase app can be downloaded from Google Play or Apple Store depending on your mobile OS without any cost and can be used for transferring money or making payments instantly.
Coinbase collects a miners fee for any payment you make. The fee is passed on by Coinbase to the cryptocurrency miner and is dependent on the network transaction fees. Unocoin bitcoin wallet is an app-based crypto wallet attached to your Unocoin account. Unocoin app is compatible with Android and iOS operating systems and supports bitcoin, ether and tether cryptocurrencies only.
That means you can store, accept and use only three cryptocurrencies. The Unocoin app has systematic buying plans for bitcoins. The app is integrated with the merchant gateway service that allows online businesses to accept bitcoins. You can also use the Unocoin wallet to recharge your smartphones and DTH services.
But, when you send bitcoin to a bitcoin address you need to pay a fee of 0. Unocoin does not charge you anything when you send bitcoin to an email-id of a Unocoin user. Ledger Nano X is a hardware wallet that lets you store bitcoins. The hardware wallet weighs just 34 grams and is made of stainless steel and plastic.
Ledger Nano X wallet is powered by a mAh battery and can be bought directly from the Ledger online store. Weighing 16 grams, Trezor employs firmware signature verification along with a protected bootloader and update security procedure so that you are sure that your wallet is totally safe.
In case of failure of verification of invalid firmware signature, the wallet erases the device memory to protect any potential threats.
To add one more layer of safety, Trezor is packed in ultrasound hardware seals that cannot be restored after breakage. Guarda also offers chrome extension. You need to open an account in WazirX to use this wallet. You can use this wallet to trade on exchange as well as the P2P platform. Exodus is a desktop wallet that can be used on Windows, Mac, and Linux based desktop.
You need to download and install the application to use this wallet. Ledger Nano X is a hardware wallet that allows you to store bitcoins. This wallet comes with a USB type chip. This device comes with a certified secured chip with enhancing security. It is a lightweight device made of stainless steel and plastic. This device comes with a battery that can be purchased from the vendor directly. Trezor is a hardware-based wallet to store cryptocurrency. Trezor comes with security such as bootloader protection and firmware signature verification.
In case of firmware version is mismatched the device erases all memory to protect from threats. Cool Wallet S is a famous hardware-based bitcoin wallet. This wallet can be used on Andriod and iOS smartphones. Cool Wallet is small in size and weight.
Cool Wallet comes with a battery that can be charged with 2 Hours and provide a standby life of 3 months. To protect your bitcoin cryptocurrency you should use most secured wallet. If possible, use wallet that does not require internet connection. Use latest antivirus, antimalware and firewall software to protect cryptocurrency. Enter your email address to subscribe to this blog and receive notifications of new posts by email.
Email Address. Raviraj is the man behind moneyexcel. He is not affiliated with any financial product, service provider, agent or broker. The purpose of this blog is to spread financial awareness and help people in achieving excellence for money. These should not be construed as investment advice or legal opinion.
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