If you are investing in Cryptocurrency, then you will need a wallet for storing all your cryptocurrency safely. A wallet will be helpful in storing both private and public keys. The private key and public key will be used by you when you are spending your cryptocurrency and when someone sends cryptocurrency to your account.
Bitcoin is the most popular coin of the thousands of cryptocurrencies available at present. In the last few years, Bitcoin has become very popular. The value of Bitcoin raised drastically in the year 2021. After such a rise in its value, you need to make sure that you are keeping your Bitcoin more safely. So, you should know Bitcoin FAQs and will need a wallet for storing Bitcoin.
You need to find a good wallet for storing Bitcoin and that is not going to be an easy task. Many people think that it is a pretty straightforward task. But it is not as simple as it seems to be, at least with so many wallets available in Canada. Each of them comes with some different features and their features make them special.
Some of us spend a lot of time just picking the right crypto exchange for Bitcoin in Canada. But don’t we spend the same time finding the best wallet for Bitcoin? The wallet is equally important. So, if you are looking for the best and most reliable Bitcoin wallets in Canada, then this blog can be helpful.
Here we have come up with some of the best and most reliable options for both beginners and professional crypto traders:
ZenGo:
If you are looking for the most secure way to store Bitcoin, then check out ZenGo. It is a keyless wallet but is one of the most secured options. Also, it is very simple to use. You will be able to open an account with ZenGo in just 30 seconds. It supports almost 70 different cryptocurrencies. The keyless technology keeps your Bitcoin investments 100 percent safe. It is a free wallet and so you can save a lot of money. Sending money or receiving money through this wallet is easy. They also offer the best customer support for all your queries.
Ledger Nano X:
Another great option for your Bitcoin security is Ledger Nano X. It is a hardware wallet and your investments are safe with it. It has a secured chip that will keep your private key safe. More than 1800 different cryptocurrencies will be supported by this wallet. You can easily buy and sell cryptocurrencies with the help of this wallet. But one important factor that you need to consider here is, it is not free like the other wallet we just saw. They charge CAD 159. If you are looking for a wallet that supports a huge number of cryptocurrencies, then Ledger Nano X is a great choice.
Trezor Model One:
Another hardware wallet that can store Bitcoin is Trezor Model One. Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Dogecoin, and many other cryptocurrencies are supported by this wallet. It supports almost 1000+ crypto coins. There are many versions from Trezor but this is the cheaper option. It is a small piece of the device in white and black colors. If you need an affordable option with good security, then Trezor Model One is a good choice.
Trezor Model T:
This is another wallet from Trezor. Along with all the features that are offered by the Trezor Model One, you have many other features with this Trezor Model T. It can be used as the best password manager. You can now secure your digital life very easily with the help of this hardware wallet. It also supports 1000+ cryptocurrencies. It costs CAD 245.
Ledger Nano S:
The last option on the list is Ledger Nano S. It is very much similar to Ledger Nano X, but comes with many positive reviews. It can support up to 1500 plus cryptocurrencies and at any time, it will be able to hold 20 digital assets. You can buy and sell cryptocurrencies with the help of Ledger Nano S. The price of CAD 89. It is a safer budget on a low budget.
There are many other crypto wallets of Canada that you can consider if you are buying Bitcoin.
