Have you ever come across “bitcoin wallet scam” or “cryptocurrency wallet verification problem“
I pray you don’t because the former is very painful (losing your investment fund to hackers) while the lather is very stressful when your only means of verification are being rejected.
Well, some cryptocurrency wallets are made specifically for a geographical location whereas others are made for worldwide usage.
So with that said, I am going to list the best bitcoin wallet in Nigeria, secured and reliable for storing any kind of cryptocurrencies.
What is Bitcoin (Cryptocurrency) Wallet
Bitcoin is a digital currency and needs to be stored in a digital wallet. A bitcoin wallet is a software program that enables the storing of bitcoin and other cryptocurrencies.
Types of Bitcoin Wallet
There are a different form of bitcoin wallet, which ranges from:
- Hardware wallets
- Mobile wallets
- Web wallets
- Desktop Wallets
These are the categories of bitcoin wallet
Hardware Bitcoin Wallet
The hardware bitcoin wallet has been known for being the most secure bitcoin wallet so far. With a hardware bitcoin wallet, you can store your bitcoin or another cryptocurrency on physical equipment that is usually plugged into a computer with a USB port whenever you want to access your funds.
Mobile Bitcoin Wallet
A mobile bitcoin wallet is a least digital wallet when it comes to security, in this case, you can store your cryptocurrency in your mobile phones with the aid of application software.
Web Bitcoin Wallet
A web bitcoin wallet from the name implies simply means a kind of cryptocurrency wallet that is accessible via web only. Meanwhile, companies that produce web bitcoin wallet, tends to also provide mobile version and more so as to be competitive with other brands in the market.
Desktop Bitcoin Wallet
A desktop bitcoin wallet is simply a cryptocurrency wallet that is installed on a Desktop computer and that provides the user a complete ownership control over the wallet.
5 Best Bitcoin Wallet in Nigeria with 2FA Security
There are so many bitcoin wallets out there to make a choice, but then we want a wallet that provides:
- A user friendly interface
- Super top notch security (2FA inclusive)
- Live Trading chart of market capitalization
- Easy access and other top features
Here are our best bitcoin wallet pick for Nigerians.
1. Blockchain Wallet
Blockchain wallet is the world’s most popular way to buy, hold, and sell cryptos. Trusted by over 53 Million wallets with over $620 billion transactions since 2013.
2. Yellowcard.io
The safest place to hold, buy or sell Bitcoin online or at a store near you with multiple payment options, low fees & competitive rates, Yellow Card is the easiest way to Buy, Sell & Store your crypto.
The Yellow Card platform is built on our mission “Financial Inclusion All”. They want everyone to have access to cryptocurrency and the financial freedom it provides..
They offer a variety of payment methods including Cash, Credit Card, Debit Card, and Bank Transfer, so everyone can have access to buy crypto. Those who don’t have bank accounts are no longer excluded.
They also provide top notch security for both customers and agents. We use muti-sig wallets to ensure your funds are safe.
3. Trustwallet
Trustwallet is the most trusted & secure crypto wallet to Buy, store, view prices, exchange & earn crypto, and that’s why 5M+ people use Trust Wallet. Trust Wallet is for you if you have the following problems to solve:
- You want to own Bitcoin in 5 minutes
- Earn more crypto as you hold
- Your personal information is never collected
- Exchange your crypto without leaving the app
- Track charts and prices within the wallet
- Keep your crypto safe from hackers & scammers
4. Nano Wallet
Nano is decentralized, sustainable, and secure digital money focused on addressing the inefficiencies present in existing financial systems. Nano makes money efficient for a more equal world – simple to pay with, easy to accept, and open to all.
Uniquely designed to provide simple peer-to-peer transfer of value, Nano empowers individuals with the most efficient and accessible digital money possible, connecting them to the global economy with minimal impact.
5. Luno Wallet
Luno helps you store, buy Bitcoin, Ethereum, XRP, and Litecoin. When we say your money is safe, we really mean it. Luno built some of the world’s most sophisticated Bitcoin security systems and have never been compromised.
- Easily buy, sell & trade different cryptocurrencies
- Get started with as little as 500NGN
- Learn more about cryptocurrencies
- Earn free Bitcoin by inviting friends
From local payment methods to customer support in many different languages, Luno will make your Bitcoin experience the best one.
Conclusion
This is just a recap of the best bitcoin wallet in Nigeria, there are more out there, so many that I can’t list all of them. So that is why I picked out my best out of the rest.
I have used or test all of the bitcoin wallet listed above, and during the time I was using them I have never encountered a glitch or an error.
Meanwhile, I also took personal security by not exposing my password or 12 phrase key as the case maybe to anyone (third party).