What is Bitcoin?

"Bitcoin [BTC] is a decentralized digital currency based on an open-source, peer-to-peer internet protocol. It was introduced by a pseudonymous developer named Satoshi Nakamoto in 2009." --Wikipedia

Visit WeUseCoins.com for more information!

Bitcoin Wallets

Bitcoin wallets come in a variety of different flavors. I'll try to cover the basics here.


Hardware Wallets

Hardware wallets are the gold standard of bitcoin storage. Key generation, storage, and transaction signatures are done in a secure hardware environment. Information is then transfered off the device and broadcast providing a secure airgap so your private information is never exposed.

TREZOR

The original Bitcoin Hardware Wallet. Rock solid Bitcoin wallet with alt coin support.

Shop TREZOR

Ledger Nano S

The original Bitcoin Hardware Wallet. Rock solid Bitcoin wallet with alt coin support.

Shop Ledger

Software Wallets

Software wallets are wallets that run on devices that you control, whether it be your laptop, smart-phone, or tablet device. Software wallets generally offer more security than cloud or web wallets, although each has it's own use.

Desktop/Laptop Wallets

Bitcoin-QT

The original bitcoin client, developed and maintained by the Bitcoin Foundation. Requires you to download the whole blockchain which can take many hours during the initial download. I recommend this wallet.

Bitcoin-QT Download Page

Electrum

Lightweight bitcoin wallet, very easy to use and does not require you to download the blockchain for use.

Electrum Homepage

Mobile Wallets

Bitcoin Wallet

Simple and easy to use mobile wallet, available on Android.

Bitcoin Wallet Download (Play Store)

Mycelium

Another simple and easy mobile bitcoin wallet, Android only.

Mycelium Download (Play Store)

Blockchain.info

Android app used in conjuntion with Blockchain.info, Android app as well as iPhone access.

Blockchain.info (Play Store)

Blockchain.info (iPhone App)


Paper Wallets

Paper wallets, sometimes referred to as cold storage, are widely considered the safest way to keep bitcoins. So long as you take the proper precautions to ensure the security of your paper wallet, these are an ideal situation for long term storage.

Paper wallets can be generate using a number of wallet services. I recommend you do research on the topic if you want to persue this option. I can always help you with questions.

Bitcoin Paper Wallet

Generates and allows you to print off a paper wallet. Instructions on how to redeem your paper wallet can be found here.

BitcoinPaperWallet.com