Bitcoin wallets for iOS: As the digital assets market grows stronger, and with its development, more people enter the market to purchase coins in hopes of making a fortune. They should consider choosing a wallet that is reliable to store crypto assets. We’ll be focusing on the top 4 choices for iOS users in the next paragraphs.
Where are digital assets stored?
Blockchain technology is used to store digital assets. To access and manage your digital assets, you will need wallets.
It is possible to split wallets into two types. Your private keys will be included in non-custodial wallets. This allows you to have full control over your assets and no third party. Large investors who purchase cryptos for a long time appreciate this type.
Custodial wallets store private keys around exchange platform servers. This is a compromise in security as the user doesn’t own the passwords. This is a good option for traders who do transactions every day. They can access them from any device and via an internet connection anywhere in the world.
Hardware wallets are devices that look just like memory sticks. This is considered one of the most secure ways to keep your crypto safe. It is connected to your computer (or laptop) via incdents. Once the job is done, it can be disconnected. You can sync it with your iPhone using the Ledger Live app.
Let’s now look at the most used bitcoin wallets for iOS.
Blockstream Eco-friendly
It is considered one of the most secure places to store bitcoins on iOS devices. You only need to enter the current email address of the user. Two keys are required to create signatures. One key is owned by the consumer and Blockstream is held by Blockstream. After two-factor verification, it approves operations. This is a password that the user receives as a treadmill-time SMS for their email. This protects users’ funds from online hackers, regardless of whether the system is lost or stolen.
This wallet is perfect for everyday use. It is easy to configure and supports multiple languages as well as Ledger/Trezor wallets.
Aqua Wallet
Blockstream Eco-friendly also released Aqua. This is the best choice for those who find Blockstream Ecofriendly difficult to use. Aqua does not require multisignature and is much easier to use. It is a non-custodial wallet and accepts Apple Pay, an atm card and a variety of languages. Aqua also supports Liquid assets, including bitcoin. Aqua is a better choice for individuals who are just starting to trade and invest, even though it doesn’t offer the same protection as its older brother.
ZenGo
This wallet does not require private keys, passwords or seed phrases. FaceID is used to open the application. This allows for complete control over funds via facial biometrics. Zengo stores the non-public keys. Application users can get instant technical support 24/7. ZenGo’s trade function works quickly and supports many cryptocurrencies. Transactions are free of charge and there are no restrictions. This wallet is both easy to use and great for professionals and novices.
Ledger Live
This is most likely the best option. It can be linked to your computer, or any other device (Android/iOS). It allows users to quickly buy a variety of crypto assets, as well as send and swap bitcoins. Ledger Live also supports staking which allows its users to make passive income. Because of its offline work, the wallet is protected by a secure nick.
Conclusion
iOS users have many options for crypto storage. It all depends on your needs. Ledger Live, which provides maximum security and is the most reliable way to store large amounts of cryptocurrency investments over the long-term, is by far the best. A custodial wallet is better if you do not need to perform daily transactions and have a limited amount of funds. You won’t need to carry extra devices and can trade anywhere in the world.
