Best Bitcoin Wallets in Australia
Bitcoin Wallet is used to send and receive Bitcoins, a bitcoin wallet gives you ownership over Bitcoin addresses which you can use to send and receive coins from other users.
A wallet address will look something like this: Q8Y3Cn6nPATEBSaFFbckD9sUq6Cn6nPAh9
Following are the Bitcoin Wallets in Australia available to send and receive coins:
Web Wallets
Web wallets allow you to use Bitcoins and require less effort from you to protect your wallet. Web Wallets may also be referred to as “eWallets”. Using e-wallets is the easiest way to buy and sell butcoins. However you will have to choose the e-wallet / web wallet provider with care.
Examples of web wallets
- Hive
- BlockChain
- BitGo
- Green Address
Software Wallets
These wallets are installed on your computers and you are responsible for backups & protection of your bitcoins.
Examples of software wallets
- Bitcoin Core
- Armory
- Electrum
- Green Address
Mobile Wallets
Most mobile wallets allow you to store Bitcoins on your mobile devices, where you can exchange coins easily or pay for your bills in bitcoin by just scanning the QR code or using Tap to Pay option. Most E-wallet providers offer Mobile Wallet via app.
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