Originally published on Yours.org on November 1, 2018.
How many Bitcoin (Cash) wallets does one person need?
This is the question that the minimalist side of me is wondering. I’ve never been one to collect purses or shoes. One multi-functional thing is preferable to “unitaskers”. When you can use a knife for slicing, dicing, or julienning, why keep an egg-specific or avocado-specific gadget to take up space in a kitchen drawer?
I may or may not have used all of these wallets (drawn in the doodle) in real life. There are a few more wallets that I’d like to try, but haven’t gotten around to it yet. e.g. Pixel wallet? QaRT, which I am still unsure how to pronounce?
My current favourite wallets are:
- Bitcoin.com wallet (my go-to all-purpose wallet)
- Handcash wallet
The Bitcoin.com wallet is a nice go-to, multi-functional wallet (my Yours.org wallet lives there too, as well as on a computer). It currently has a lot going on, on the home screen. Since I’ve become accustomed to using it for Bitcoin Cash, I have a better grasp of how to navigate it (instead of going around and around in loops, which used to happen, to check balances prior to sending, etc.). It’s probably got some features that I haven’t fully investigated.
The Handcash wallet is even easier to use. It’s SO easy to use that I keep less money on it now (because it’s too easy to give it away, e.g. $CHICKEN). I’d use it to onboard so-called no-coiners.
I tried the Centbee wallet as well, and as long as you are willing to give permission for it to access your contacts (this made me pause for a sec), it works great! Very nicely designed, and the home screen is nice and clean with additional options hidden in a drop-down menu. I should probably spend some more time getting to know this wallet better.
The Electron Cash wallet has also been useful but I’ve only been able to use it with help (it looks kind of intimidating with so many strings of letters and numbers).
Yours.org is a way to receive and send Bitcoin Cash without even thinking about it, as is Money Button. You don’t need to fuss with addresses (long strings of letters and numbers) or QR codes, which is revolutionary (you could almost take it for granted as a Yours user that it’s so easy to use). It’s amazing. Sometimes I forget how amazing it is that the rest of the people using the internet do not yet realize that it exists!
I almost forgot to mention paper wallets, cold storage wallets (don’t have one of those yet, e.g. a Ledger or KeepKey), and other solutions for storing cryptocurrencies. It’s still hard for normal people to securely manage all of these options without some guidance from an experienced Bitcoiner. This community could probably use a comprehensive guide that describes all of these wallet types. Plus, don’t forget to back up your seed words and keep them somewhere safe.