Categories
Cryptocurrencies

Enjin Wallet In-Depth Review: Key Features, Security, Pros andCons

Enjin smart wallet comes off as one of the safest and most convenient mobile-app based crypto wallet. It is easy to use on both Android and iOS devices and incorporates a wide range of operational and security features, including a secure keyboard, a built-in exchange, and two layers of cryptography (rule-of-two-encryption). What’s more, it supports a wide range of cryptocurrencies and tokens.

In this Enjin Smart wallet review, we detail everything you need to know about the mobile-based wallet. We highlight its most prominent operational features and look into details of the factors making it one of the most secure wallets. We’ll also tell you of the supported cryptocurrencies and tokens, its pros and cons, and provide you with a step by step guide on how it works.

We start by looking at its key features:

Key Features

Secure Keyboard:

Enjin Smart wallet features a proprietary keyboard that is specially designed to shield your data from sniffers and keyboard keyloggers. It has the key randomization option that provides you with the ultimate level of input protection.

QR Scanner:

In addition to the randomized and highly secure inbuilt keyboard, you can use the QR Scanner to communicate with different exchanges and wallets when sending and receiving digital assets.

Crypto wallet trackers:

The crypto wallet mobile app gives you the ability to monitor your Bitcoin, Ethereum, and Litecoin addresses. This allows you to monitor their transactions in real-time.

Add custom tokens:

Enjin smart wallet doesn’t just support the ERC-20, ERC-721, and ERC-1125 tokens. It also gives you the ability to create and launch your custom tokens.

Create multiple wallet addresses:

There is no limit to the number of wallet addresses you can create on this platform, and neither is there a limit to the number of coins you can store in these wallets. The coin, therefore, gives you the ability to create multiple wallet addresses for different coins and tokens.

Budget for your crypto assets:

Unlike most crypto wallets that only have one vault for all your digital assets, Enjin Smart wallet lets you create multiple vaults. You can, for instance, create a Savings, Business, and Trading vault and split your crypto assets into these different allotments.

Samsung Blockchain Keystore support:

Enjin is specially designed to support the Samsung Blockchain feature for private keys protection.

Custom libraries:

Its libraries are designed with a feature that enables the removal of private keys from the device immediately after use. 

Enjin wallet security features:

i) One-touch fingerprint login: Enjin Smart Wallet can be secured by a unique multi-character password or a fingerprint. The fingerprint protection especially comes in handy in further eliminating possible password leaks and giving the wallet user absolute control over their wallet.

ii) Two-layer encryption: The mobile crypto wallet employs two layers of encryption in protecting the data stored within the wallet and keep your private keys confidential. 256 AES encryption covers the hardware while software encryption techniques are applied to the wallet’s application layer.

iii) Recovery phrase: When installing and activating the Enjin Smart wallet, it will provide you with a 12-word recovery seed. Record these phrases on a piece of paper and keep it safe. You will need it to regain access to your wallet should you forget the password and also recover private keys should you lose access to your mobile phone.

iv) RAM encryption: According to Enjin smart wallet developers, all of the important data is processed by and stored on a secure RAM. They further state that this RAM limits the amount of sensitive data stored in here and that this data is highly encrypted.

How to set up the Enjin crypto wallet app

Setting up your Enjin wallet on your mobile device is easy and straightforward. Here is a detailed insight on how to go about it:

Step 1: Download and install the Enjin Smart Wallet app: Depending on the type of operating system you are using, the first step is to search the Enjin wallet on Play Store or iTunes. Download the application and click on the “install” button. Once the installation is complete, click on the “open” button to launch the app.

Step 2: Create a new wallet: You will be provided with two options. You can either create a new wallet or restore your previously backed up wallet.

Since we are creating a new wallet, choose on the ‘Create New’ and click the “next step” button.

Step 3: Create and confirm password: Create a unique multi-character website for your wallet app.

Step 4: Recovery phrase backup: You will then be provided with a 12-word recovery phrase that will be used to restore your wallet when you lose or forget your password. The best way to backup these phrases is to write them on a piece of paper and keep them in a safe or any other highly secure environment.

Step 5: Create wallet addresses: The wallet is now set and you can proceed to create wallet addresses for the different crypto assets. You can also create different vaults and allocate them pieces of your digital assets for different purposes.

Step 6: Start trading: Your Enjin wallet is set and you can now start receiving, exchanging, and sending cryptocurrencies or customizing your own tokens.

How to send cash using an Enjin smart wallet

Step 1: Start by launching your Enjin crypto wallet

Step 2: Click on the cryptocurrency or token you wish to send. The app will display a wallet address input section as well as the option for scanning the receiver’s wallet QR Code. Chose one.

Step 3: Enter the amount of coins/tokens you wish to send

Step 4: Confirm that the details entered (wallet address and crypto amounts) are correct and hit send

How to receive funds into your Enjin smart wallet

Step 1: Start by launching the Enjin Smart crypto wallet app

Step 2: Tap on the ‘Receive’ icon and proceed to click on the cryptocurrency/token you wish to receive. The app will display the crypto’s wallet address as well as its QR code.

Step 3: Copy the wallet address and forward it to the parties from whom you wish to receive the coins or have them scan your QR Code.

Step 4: Wait for the cryptos to reflect on your wallet

Enjin wallet’s supported currencies

The Enjin smart crypto wallet is highly versatile and currently supports over 700 cryptocurrencies and tokens. These include the all-popular crypto coins like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, and the Enjin Coin.

The wallet also holds multiple variations of the Ethereum based tokens including all the ERC-20, ERC-721, ERC-233, and ERC-1155 tokens. Its also one of the few crypto wallets that lets you leverage their inbuilt-exchange and support for Ethereum based tokens to help you customize and launch your own token.

Enjin smart wallet cost and fees

Enjin smart crypto wallet doesn’t charge you when you download, install, or store cryptocurrencies/tokens on their wallet. You will, however, be charged variable transaction fees when you send/receive funds into your wallet. These charges are usually imposed by blockchain networks and are collected by miners and network administrators, not the Enjin wallet developers.

How much you pay per transaction is largely dependent on such factors as your preferred crypto as well as the number of coins transferred.

Enjin Crypto wallet ease of use

Enjin crypto wallet app features a smart user interface that makes it one of the most user-friendly wallet apps. According to Enjin, the smart UI features turns your phone into a hardware-like wallet by giving you full control over your private keys while offering a number of important security features.

Enjin smart wallet app customer support

Enjin wallet has an elaborative and readily available customer support team. Their multi-lingual website (currently available in four international languages) is, for instance, awash with different resource materials aimed at helping address common user concerns. The wallet maintains a regularly updated blog that not only covers hot financial and crypto industry news but also updates about the wallet.

This is, also the Enjin forum where wallet users get to interact with the developers and other users. Here they can have their challenges and queries addressed by either the Enjin wallet developers or expert wallet users.

More sensitive queries can be addressed directly to the Enjin customer support team by raising a support ticket on their ‘Contact Us’ page. You can also send them an email via [email protected] or engage them on their official social media handles on such platforms as Instagram, Facebook, Twitter, Telegram, Reddit, and LinkedIn.

Comparing the Enjin crypto wallet app with other wallets

Compared to other crypto wallet apps like Mycelium, Enjin smart crypto wallet carries the day when it comes to the employed security measures. It, for instance, combines military-grade encryption with biometrics in further boosting the confidentiality of your private keys. It also has more operational features like the inbuilt exchange/marketplace, support for decentralized apps and browsers, and the integration of the ERC-1155 protocol that lets the user create and issue customized tokens.

Enjin smart wallet app security features, however, are pale in the face of the more secure hardware wallets. For instance, while the data contained therein may be highly encrypted, it still is a hot wallet and this exposes it to possible hacking and malicious malware threats. Unlike most hardware wallets that can hold thousands of cryptocurrencies and tokens, Enjin can only hold a maximum of 700 cryptos. The only advantage Enjin crypto has over such hardware wallets Trezor or Ledger Nano is that it is free.

Everything else you need to know about Enjin smart crypto wallet

Enjin is also more than a wallet as it also features an easy to use inbuilt-exchange and a crypto marketplace. The wallet integrates the all-popular Enjin social gaming network and the Enjin marketplace where players can buy or exchange different video games and in-game items for crypto and tokens.

The Enjin wallet also features one of the most interesting and easy to use Decentralized App web browsers. It has a friendly and easy-to-interact-with user-interface. It allows you access to leading crypto exchanges, financial news, online games, and even social media.

In addition to supporting the popular ERC-20 and ERC-721 tokens, Enjin developers introduced the ERC-1155 protocol. This allows you to create highly customized tokens and token collectibles that you can trade on the Enjin exchange, store on the Enjin wallet, and exchange for online games or in-game items within the Enjin Marketplace.  All these are accessible via the Enjin smart wallet app.

Enjin does not store fiat currencies and neither does it support fiat-to-crypto conversions. The smart crypto wallet has, however, partnered with some of the most popular fiat-to-crypto conversion platforms like Changelly, Simplex, Bancor, and Kyber. These make it possible for you to swap cash for cryptocurrencies and tokens that you can then use to trade or exchange via the Enjin smart crypto wallet.

What are the pros and cons of the Enjin crypto wallet

Pros

  • Employs a wide range of security features – including encryption and Biometric access
  • Both the crypto wallet app and Enjin website are multi-lingual
  • High user ratings on both Android and iOS app stores
  • Supports a relatively wide range of cryptocurrencies and tokens
  • The Enjin wallet app features a highly intuitive user interface

Cons

  • Mobile wallets are prone to online attacks as compared to hardware wallets
  • It is not open source and, therefore, not adequately vetted
  • Doesn’t support fiat-to-crypto conversions

Final Verdict: Is the Enjin wallet app safe?

Well, Enjin smart wallet app has embraced several security protocols that make it one of the safest crypto apps around. It, for instance, employs the two-layer encryption for the private keys and personal data stored within the app and uses a multi-character password and biometrics to secure the wallet.

Other factors that make Enjin smart wallet app the most effective mobile wallet include the fact that it integrates such features as an inbuilt-exchange and marketplace, decentralized apps, and browsers, supports 700+ cryptocoins and tokens and makes it possible for you to create and launch a custom ERC-1155 token.

Categories
Cryptocurrencies

Copay Bitcoin Wallet Review: How Does It Work And Is It Secure?

Copay was developed by BitPay Inc. and introduced to the crypto industry in 2015. Its aim? To provide Bitcoin traders and enthusiasts with a single wallet that gives them absolute control over their funds. It is free and developed using open-sourced technology and is highly versatile. Key features that make this crypto wallet highly unique include its versatility and support for multiple operating systems, the fact that it is Bitcoin-specific, light, and highly transparent.

In this Copay Bitcoin wallet review, we will be explaining these features in detail, highlighting its security features, its pros and cons, and comparing it with equally popular wallets. We will also provide you with a step-by-step guide on how to install and activate the wallet, as well as how to send and receive Bitcoin.

Here is the detailed Copay wallet review:

Copay wallet key features

i) OS compatibility: Copay wallet is highly versatile and compatible with virtually any operating system. There is both a desktop and mobile app version of the wallet that is now compatible with all popular operating systems, including Windows, Linux, macOS, Android, and iOS.

ii) Bitcoin-specific: Unlike most other wallets that host hundreds of cryptocurrencies and altcoins, Copay is Bitcoin-specific. This implies that you can only deposit Bitcoin and its hard fork Bitcoin Cash into your Copay Wallet.

iii) Multiple accounts: There is no limit to the number of Bitcoin and Bitcoin Cash addresses you can host on the Copay wallet. This means that, unlike most other wallets that will only host one wallet address for each cryptocurrency or altcoin, you can hold as many private keys as you wish on the Copay Wallet.

iv) Compatible with hardware wallets: Copay bitcoin wallet is also compatible with several highly-secure crypto wallets, including Trezor and Ledger Nano S.. Such integration ensures that you get to enjoy the security aspects of an offline hardware wallet and the convenience of a mobile app wallet.

Security Features 

Password:

Like any other cryptocurrency wallet, Copay is secured with a multi-character password. You get to set this password when installing the wallet.

Recovery seed:

During the Copay wallet installation and activation process, you will be provided with a 12-word recovery seed. Record it on a piece of paper and store it in a secure environment. Note that the seed will be needed to reset the wallet password or recover your private keys should you lose the device holding the wallet.

Hierarchically deterministic:

The Copay Bitcoin wallet is hierarchically deterministic. This means that the wallet automatically generates new public and private addresses for every transaction, which makes it hard for hackers and other third parties to track your Bitcoin transactions.

Bitcoin Payment Protocol (BIP):

This feature is designed to guide users when making payments and prevent sending cryptocurrency to the wrong address. Technically, addresses are just a long line of numbers and letters, and often crypto users get them wrong.  BIP ensures you are sending it to the right address by helping you verify the wallet address before sending bitcoins.

Open source:

A Copay Bitcoin wallet is developed on an open-sourced technology. This guarantees its transparency as it is subjected to a lot of scrutiny and vetting by the crypto and blockchain industry experts. That further enhances its security.

Multi-signature:

Copay wallet allows multiple users to use one wallet. You can think of it as a joint account where 2 of 3 parties must sign to authorize the execution of a transaction.

Copay bitcoin wallet ease of use

Copay Bitcoin wallet has one of the friendliest user interfaces. The wallet is also highly customizable and allows you to tweak such aspects as the background themes and wallet name. Both the desktop and mobile wallet apps are also multi-lingual and currently supports seven of the world’s most popular languages, including English, French, Latin, Bahasa, Portuguese, Russian, and Turkish.

In addition to the highly interactive user interface, the Copay Crypto wallet also keeps you up to date with your digital asset balances and spending. The wallet app will, for instance, send you push notifications about your crypto balances to your phone’s display. And every time you spend or transfer cryptocurrencies, the wallet automatically sends you transaction receipt on your email.

In the case of shared or group payments, Copay Bitcoin wallet will present you with an easy to understand proposal on how to split the pay.

The multi-wallet feature also comes in handy when budgeting as it lets you organize your crypto balances and allocate funds to different types of expenditures/savings. You can, for example, create a family savings wallet, personal expenses wallet, end-year vacation savings wallet, retirement savings wallet, or even the Birthday in Las Vegas wallet. This feature comes in handy for budget-conscious individuals looking to have better control over their financial life.

Supported currencies 

Interestingly, the Copay wallet is specially designed to only support Bitcoin and Bitcoin Cash. There, however, is no limit to the number of BTC or BCH private keys you can store in the wallet or the number of wallets (partitions) you can create on Copay.

If you wish to hold, trade, or invest in other Altcoins like Ripple, Ethereum, Litecoin, or Dogecoin without letting go of Copay Bitcoin wallet, we suggest that you acquire a Hardware wallet and integrate it with the Copay crypto mobile app.

Copay bitcoin wallet costs and fees

BCopay Bitcoin is free. You will not be charged when you download, install, or store coins into the crypto wallet app. You can download the app from both Android and iOS app stores, on the official BitPay website or GitHub.

You will nonetheless, be charged network transaction fees every time you transfer Bitcoins and Bitcoin Cash out. These charges will vary according to the transaction volume and are collected by network administrators and not Copay.

When transacting via the Copay Wallet, you also have the choice of determining the transaction fees charged per transaction. The wallet has the ‘Super Economy’ as well as the ‘Urgently’ payment options.

Like the name suggests, ‘Super Economy’ is denoted from friendly transaction fees for slow transactions while the ‘Urgently’ pay plan involves higher transaction fees for faster (near real-time) transaction processing.

Copay bitcoin wallet customer support

Copay Bitcoin Wallet’s customer supports starts with an elaborate explanation of everything you need to know about the wallet on GitHub. On this page, you will also have access to the wallet’s updated version of both desktop and mobile apps, guidance on how to use and interact with the wallet app, and also learn everything there is to know about Copay.

For more personalized assistance, contact the Copay Bitcoin wallet team through their official handles on the different social media platforms.

How to activate a Copay Wallet

Step 1: Go to the official website and click on “Get Copay.”

Depending on the platform you intend to use, the first step should be to register your details with the site.

Step 2: Choose the Copay App version.

After clicking on “Get Copay,” you will be automatically redirected to GitHub, where you can select your desired app to install. Select the most recent app that corresponds with your device (mobile or desktop OS) from the list and download it.

Step 3: Click “Get started” after the download process completes

This opens the “Copay Installers” that provide you with all the important information about your Copay Bitcoin Wallet. It also hosts the registration process that captures such basic data as your name and email address.

Step 4: Back up your 12-word seed phrase.

The installer will also provide you with 12 random phrases known as the recovery seed that backs up your wallet app. Write them down on a piece of paper and keep them safe. You will need them to reset the app password or recover your private keys.

Step 5: Verify that you have captured the seed words correctly.

Confirm that you have correctly captured the recovery seed phrases.

Step 6: Add Bitcoin/Bitcoin Cash and start transacting

Your Copay Bitcoin wallet is now set. You can now add Bitcoin and Bitcoin Cash crypto coins and start transacting.

How to add/receive Bitcoins to your Copay wallet

Step 1: Start by launching the app and clicking on the ‘Receive’ icon on the app dashboard. This will reveal your copay wallet address in the form of letters and a QR Code.

Step 2: Copy the wallet address and send it to the party from whom you wish to receive Bitcoins or have them scan your app’s QR code.

Step 3: Wait for the crypto to reflect on your wallet. How long the coins take to reflect largely depends on the state of the Bitcoin network.

How to send Bitcoin or Bitcoin Cash via your Copay bitcoin wallet

Step 1: Start by launching your Copay wallet app. Click on the send icon and chose the crypto you wish to send. (Note that the send icon will only appear if you enough crypto to transfer)

Step 2: Enter the fund recipient’s wallet address or scan their QR Code.

Step 3: Enter the amounts of Bitcoins or Bitcoin Cash you wish to send

Step 4: Confirm that the number of Bitcoins or Bitcoin Cash and the recipient’s wallet address are okay before hitting send.

Copay Wallet Pros and Cons

Pros:

  • It has a user-friendly interface with customizable background and wallet names
  • Features multi-signature settings and is hierarchically deterministic
  • It is built around an open-sourced and highly vetted blockchain technology
  • Copay wallet is highly versatile and compatible with different operating systems
  • The Copay wallet app can be linked to an external hardware wallet
  • Uses Bitcoin Payment Protocol (BIP) to protect users from sending funds to wrong addresses

Cons:

  • It uses third-party servers to access Bitcoin Network data
  • it only supports Bitcoin and Bitcoin Cash
  • The app doesn’t support more secure technologies like two-factor authentication

Copay Wallet vs. Other Wallets- How Does it Compare?

Copay wallet vs. eToro

When compared to such other online wallets as eToro, Copay carries the day because of its ease of use. The app is highly customizable and allows its users to create partitions (mini wallets) that promote budgeting. It also allows you to tweak the apps theme and background colors as well as change your wallet’s name.  Plus, while Copay will only support two crypto coins, there is no limit to the number of private keys or wallet addresses that Copay can hold.

However, unlike Copay, which only hosts two crypto assets, the eToro wallet app can hold up to 700 cryptocurrencies and tokens. One may also consider eToro relatively safer as it implements more security safeguards on the wallet like two-factor authentication or military-grade encryption. Moreover, the eToro wallet app has the backing of one of the most secure and most popular crypto trading platforms. The same cant be said of Copay’s backer – Bitpay.

Copay wallet vs. Ledger Nano S

Copay Wallet app boasts convenience, ease of use, and its free to acquire as its key strengths when compared to the Ledger Nano S hardware wallet. Unlike Ledger Nano that sells for around $60 and has a rather complicated installation process, Copay is free to download, install, and use. The fact that the app is installed on your phone and still accessible as a chrome browser extension makes it more convenient for regular transactions.

Unlike the Copay crypto app or software wallet, however, the Ledger Nano S hardware wallet is more secure and harder to breach. It stores your private keys offline and is, therefore, more secure against online hacks or viruses that wipe off phone or desktop data. Moreover, Ledger Nano supports more than 1,000 cryptocurrencies and tokens against the two hosted on Copay.

Final Verdict: Is Capay safe?

The Copay Bitcoin wallet is relatively safe and has instituted reasonable security safeguards against unauthorized access to your private keys. They have a password mechanism to prevent, encrypt all data held by the wallet, and provide you with a 12-word backup seed.

In addition to this level of security, we liked the convenience and the versatility of the wallet given that it is compatible with virtually all the popular operating systems and is available on the move via the Copay mobile app and online via the software wallet.

Categories
Crypto Daily Topic

Top 5 Anonymous Cryptocurrency Wallets

Did you know that Bitcoin is not anonymous? Yes, your public address can be used to link your transactions with your real identity. This is obviously,  not ideal because if it happens, an attacker will stop at nothing to hack your account. And at this point, you already know that crypto is the target of all manner of scams, fraud, and theft attempts. What this means is you cannot leave any stone unturned when it comes to protecting your crypto funds. 

One of the best ways to do that is to use an anonymous wallet. Anonymous wallets keep your info away from your transactions. They also obscure the movement of your money, so snooping parties are thrown off. 

That said, which anonymous wallets are out there? We did a breakdown of five of the best, so you know which option is best for you. 

#1. Samourai Wallet (Mobile, Bitcoin-only)

Samourai is a wallet that keeps your transactions private, your identity under wraps, and your crypto secure. And if the statement on their website is anything to go by, the team behind the wallet is pretty serious about what they’re doing. The group introduces themselves as: “…privacy activists who have dedicated their lives to creating the software that Silicon Valley will never build, the regulators will never allow, and VC’s will never invest in. We build the software that Bitcoin deserves.” 

Samourai utilizes the following features to keep you off the trail:

Stonewall: A feature that thwarts address clustering efforts that would  deanonymize you

PayNym: Having your public address online makes you vulnerable to tracking attempts. PayNyms prevent this from ever happening by keeping the public address between just the two involved parties (sender and receiver)

Scrambled PIN: PIN access is randomized every time you’re accessing the wallet. Also, the PIN is never visually presented. This way, screen recording spyware, and similar attempts are effectively thwarted.

Stealth Mode: A cool feature that removes the Samourai Wallet from your phone’s launcher, home screen, and app list. Instead, to reveal the wallet, you need to dial a secret PIN code. 

#2. Wasabi Wallet (Desktop, Bitcoin-only)

Wasabi is a BTC wallet that is ‘unfairly private.’ The wallet implements CoinJoin and Tor to protect your privacy and anonymize your transactions.

Conjoin is an anonymization strategy that ‘mixes’ multiple users’ transactions so that it’s hard for third parties to identify which transaction belongs to which user. It’s impossible, even for the CoinJoin coordinator, to track each transaction.

All transactions go through Tor, providing an extra layer of privacy and anonymity. Currently, Wasabi is only available for desktop macOS, Windows, Ubuntu, and Linux systems. 

#3. Unstoppable (Android and iOS, Multiple currencies)

Unstoppable is a mobile wallet that enables you to interact with local currencies in a safe, independent, and private manner. You don’t need an account, email, phone number, KYC, or third-party service to start using Unstoppable. It also utilizes ‘input/output randomize’ so no one can track incoming and outgoing transactions. This throws off any third party monitoring your transactions either when you’re transacting or in the future. Unstoppable also employs ‘no address reuse’ so that there’s no single trail of your transaction history.

The wallet currently supports Bitcoin (BTC), Ethereum (ETH), all ERC20 tokens, Binance Chain (BNB), and BEP2 tokens, Dash (DASH), Litecoin (LTC) and Bitcoin Cash (BCH).

An Unstoppable wallet also educates users on crypto essentials so that users can get acquainted with the basics of the industry. On the app, users also get daily insights into what’s happening in the crypto market. You can also trade/exchange Ethereum and  ERC20 tokens right on the app.

Unstoppable also uses secure storage mechanisms provided by Android so that no one can access your funds should your phone get stolen or lost.

#4. Electrum on Tails OS

Electrum is one of the most trusted crypto wallets. Using Electrum integrated with the Tails operating system can guarantee users full anonymity. The Tails OS runs your activity through Tor, making it impossible for third parties to track your transactions. 

If you’re wondering what Tails is, it’s a software explicitly designed to anonymize user online presence. “Tails is a live system that aims to preserve your privacy and anonymity. It helps you to use the internet anonymously and circumvent censorship almost anywhere you go and on any computer but leaving no trace unless you ask it explicitly. It is a complete operating system designed to be used from a USB stick or a DVD independently of the computer’s original operating system. It is a free software and based on Debian GNU/Linux.” 

Like many other anonymity wallets, you don’t need to enter any personal information during setup. Electrum also supports a ‘no address reuse’ feature so that no one can track your transaction history by using just one address. The wallet also supports plugins for third-party wallets and multi-signature services. 

If you plan to or are using a hardware wallet, you can use it in conjunction with Electrum. The wallet supports third-party plugins for popular hardware wallets as well as multi-signature services. This wallet is best suited for the more tech-savvy users who have no difficulty using alternative operating systems. If I would rather stick to a wallet with everything in-house, then you might need to skip this option.

#5. BitLox (Hardware, Bitcoin Cash and Bitcoin Gold)

BitLox is a hardware wallet that, on top of anonymization, comes with a host of features that users will find highly desirable. The wallet supports hidden wallets – which is hidden wallet data that is indistinguishable from random bytes in such a way that only you know that data is there. 

Bitcoin comes in three sets: BitLox Advanced, BitLox Ultimate, and BitLox Extreme Privacy. BitLox Advanced, made from aerospace alloys, is the simplest of them all. But that doesn’t mean it’s simple when it comes to ensuring user funds’ security. The option comes with 100 different wallets, with each capable creating an infinite number of addresses. 

The  Ultimate option only differs from the Advanced option in the material that makes it: titanium. The Extreme Privacy option is fortified with military-grade USB fault and comes with the Tails OS so that your activity it’s completely anonymous. 

Other amazing features of BitLox include multi-language support, several layers of PIN protection when you’re logging in and for every single transaction, and the deletion of all user data in case the emergency PIN is required. This means even if your wallet lands in the wrong hands, they can’t use your PIN, mnemonic phrase, and so on to access your funds.