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5 Best Online Wallets For Bitcoin and Bitcoin Cash

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Dealing in cryptos is more than just trading them, especially now, when the crypto world is making significant steps towards adoption and mainstream use. More often than ever, crypto holders are choosing to keep their coins instead of just passing them on. However, since there are often significant amounts involved, it is important to have a safe way to store these coins and protect them from theft.

While cold wallets are the best methods to do this, it is still possible to achieve decent security with online wallets. Because of this, and with a large increase in hacking attacks, it is important to know which wallets are the best and safest to use. So, today, we have prepared a list of top 5 online wallets for all Bitcoin and Bitcoin Cash users that are looking to safely store their coins online.

1) BTC.com

Unsurprisingly enough, BTC.com will be the first on our list, since it is a wallet that is specifically designed for holding BTC and BCH. It is among the best online wallets around, and it has been one for the last two years, ever since its creation in 2016. It was made by a crypto mining firm Bitmain, and it is safe and very user-friendly. This makes it perfect for new and experienced wallet users alike, and it can be used on Android and iOS, not to mention that it also has a web version.

Users of this wallet can hold their private keys themselves, which eliminates the necessity to involve a third party, and thus it increases the security of the wallet, as well as coins stored within it. The wallet is strong, despite its simple look, and should definitely be given a chance.

2) Coinbase

Next wallet in line is Coinbase, which is among the simplest ones to use. It has relatively limited applications, but its user-friendliness makes it the best choice for crypto novices. The coin selection is also limited, as is the one within the exchange itself. However, it offers both BTC and BCH, which is why it still made the list.

One thing that makes this wallet even better than most is the fact that it also acts as an exchange, and not only a wallet. Basically, this means that users can exchange their coins without ever leaving the wallet, albeit with higher fees. Those looking to avoid the fees may decide to go for Coinbase Pro. This won’t completely eliminate the fees, but they will be much lower than usual. The only downside to this is that the coins have to be sent between the wallets when the user decides to trade them.

3) Blockchain.info

Next, we have Blockchain.info. This is a strong and reputable wallet, backed by equally as strong and reputable company. A lot of crypto enthusiasts are using their website, which is also a block explorer. The wallet has been around since 2011, which makes it very old by crypto standards. However, it did not waste the last seven years, and it made itself available in 37 languages.

However, the wallet only offers 3 coins, which are BTC, BCH, and ETH. It is user-friendly and very easy to use. Also, it is pretty safe considering that it is a hot wallet. Like Coinbase, this wallet also works as an exchange as well, which allow swapping coins for one another whenever the user desires it. This makes it flexible and practical. One thing of note regarding the wallet is that it suffered phishing attacks in the past, which is why users are advised to always double-check the addresses that they are using for coin transactions.

4) Coinomi

The fourth on the list is Coinomi, which is a wallet that supports over 501 cryptos in total. 119 of those are coins, while 382 of them are tokens, which makes it the wallet with the most cryptos on this list. It is available in 28 languages, and it also allows transactions without the need to leave the wallet. Additionally, it allows credit card purchases, which makes it even more efficient, and the user doesn’t even need to visit exchanges at all.

5) Jaxx

The fifth and final wallet on this list is Jaxx. It was created back in 2014, which doesn’t make it the oldest on the list, but it is still pretty old. It was created by Anthony Di Iorio, who is also one of the co-founders of Ethereum itself. The wallet is easy to use, and it can be reached from numerous platforms, including Windows, Android, iOS, and it even has a Chrome version.

It supports 69 coins and tokens, with some of them even being outside of the top 100 per market cap. While it received criticism at one point due to some technical difficulties, it was also praised for numerous features, as well as its outstanding design. The only downside with the wallet is that it doesn’t support crypto-to-fiat transactions. However, as long as your goal is to trade coins for other coins, it will be the perfect wallet for you.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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