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<\/p>\nThe use and trade of Bitcoin and Cryptocurrencies have continued to surge in Nigeria. Nigeria is becoming one of the big players in the crypto-verse. There are services for which you can make payments in cryptocurrencies here in Nigeria, these include hotel bills or online stores. With the increasing adoption of Bitcoin, it has become a thing of necessity to take steps in order to keep your bitcoin safe. Many people have lost their assets because they chose the wrong Bitcoin wallet.<\/p>\n
A Bitcoin wallet is the first decision to make when you want to start using or trading Bitcoin. A\u00a0Bitcoin wallet\u00a0is simply an application, website, or device that manages your Bitcoin private keys. You can think of a Bitcoin\u00a0wallet as the equivalent of a bank account. A bitcoin wallet allows you to receive, send and sell them to others and also store them. A bitcoin wallet also serves as your personal interface in Bitcoin activities just like your online bank account is an interface for your bank activities. Bitcoin wallets contain private keys and secret codes that allow you to spend your bitcoins. Actually, it is these private keys that need to be safe and not necessarily the bitcoin because the private keys give access to the bitcoin.<\/p>\n
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Bitcoin wallets come on different platforms as long as with their own features. This article is on the best bitcoin wallets used in Nigeria.<\/p>\n
The wallets listed below, are well adapted to the Nigerian market. They are also tested and trusted.<\/p>\n
Coinbase Wallet (used to be known as Toshi) is one of the most secure crypto-wallets. The Coinbase app helps you keep all your digital assets in one place. It also helps you make crypto payments with ease.<\/p>\n
Coinbase is one of the easiest ways to store and trade your cryptocurrencies such as\u00a0Bitcoin<\/a>,\u00a0Ethereum<\/a>,\u00a0and\u00a0Litecoin<\/a>. With Coinbase Wallet, your private keys are secured using your device\u2019s Secure Enclave and biometric authentication technology. You can download Coinbase wallet on\u00a0the App Store<\/a>\u00a0for iOS users and the\u00a0Play Store<\/a>\u00a0for Android users.<\/p>\n Coinomi is a mobile wallet that used to be available only on Android phones. However, it has recently developed its desktop and iOS versions.<\/p>\n Coinomi was founded in 2014 and is one of the oldest and reputed wallets in the world, with over a hundred thousand users. Some of the cryptocurrencies supported on Coinomi are:<\/p>\n Quidax is a cryptocurrency exchange and wallet provider that was launched in August 2018. The company has its headquarters in Malta but most of its operations happen in Nigeria. The app offers the basic services needed for any crypto investor to interact in the crypto market. Quidax services include;<\/p>\n Quidax is a web wallet so it does not give you access to your private key. Quidax has users from over 70 countries, this goes to show how much the app is trusted. Quidax has not reported any hacks or since it began operations. It also has a mobile app. Quidax supports the following cryptocurrencies:<\/p>\n Only the Nigerian Naira(NGN) is supported on Quidax, for now.<\/p>\n Blockchain Wallet is one of the world\u2019s most popular digital wallet platform for storing Bitcoin and Ether. It has over 65 million wallets. The app is user-friendly, secure, and flexible.<\/p>\n Blockchain Wallet\u00a0was developed by the Luxembourg-based software development company called Blockchain. It is accessible from the web or mobile devices. Blockchain Wallet makes it easy for you to trade securely with bitcoin and Ether through its clean, intuitive user-interface. Blockchain Wallet is often considered to be more secure than a site like Coinbase because it is not a full exchange platform.\u00a0Blockchain Wallet can be downloaded on both\u00a0Android<\/a>\u00a0and\u00a0Apple iOS<\/a>.<\/p>\n Trezor is not a full buying and selling digital platform. It is simply a hardware device to store your Bitcoin. Hardware wallets are unarguably the best way to store your cryptocurrencies especially if you will be storing them in large amounts. The fact that hardware wallets are in offline mode makes them very secure from remote attacks. Trezor wallet\u00a0was the original cryptocurrency hardware wallet to be released. The wallet was first released in 2014 by a company called SatoshiLabs.<\/p>\n Trezor wallet is much safer than traditional software wallets since private keys are held on the physical device, rather than on a mobile or desktop computer. Trezor wallet is not connected to an internet server, meaning that it is almost impossible for a hacker to access your funds.<\/p>\n Exodus\u00a0is a desktop wallet designed to give you complete control over your cryptocurrency assets. Exodus has a unique design, full of charts as well as personalization features. It also offers access to 11 of the world\u2019s top cryptocurrency assets. Exodus is the first desktop wallet that offers full compatibility with\u00a0ShapeShift. ShapeShift is a popular instant cryptocurrency exchange that supports dozens of tokens. This means Exodus users have access to nearly a dozen cryptocurrencies.<\/p>\n Like other bitcoin wallets, Exodus stores cryptocurrency assets directly on your machine. Also, you do not have to download the whole blockchain to your computer since Exodus is a lite wallet.<\/p>\nCoinomi<\/strong>\u00a0<\/strong><\/h3>\n
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Quidax<\/strong><\/h3>\n
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Blockchain Wallet<\/h3>\n
Trezor Wallet<\/h3>\n
Exodus<\/h3>\n
Luno Wallet<\/h3>\n