As the name implies, an anonymous bitcoin wallet primarily keeps the identity of the owner hidden. Users don’t need to provide any private or personal details before creating an anonymous bitcoin wallet. All that is required is a password, backup of your private key, and you can start using receiving and sending bitcoin without leaving a digital footprint.
There are different forms of anonymous wallets. Some of them are strictly web-based wallets, while others are either desktop and mobile wallets only or available on both devices.
Find out ways to secure your Bitcoin on a mobile device.
What to consider
When choosing an anonymous wallet, you should consider the security and reviews before choosing one. This is because many people have lost their coins due to an insecure wallet. You can always ask a friend or someone who uses an anonymous wallet to be sure. Also, ask for how long they’ve been using it. Also, the duration of the wallet’s existence should be considered.
Most people love to have control over their wallets, and that’s one of the major reasons for looking into having an anonymous wallet. Anonymous wallet gives you full control of your trade with no third-party monitoring it. There are several applications that says they’re anonymous, but end up not being anonymous. And that’s why we’ve made available a list of the top anonymous wallet for you to store your coins. Although some of these wallets only accept bitcoin while some accept Altcoins as well. I mean, you can have more than two different options.
There are many ways to keep an anonymous wallet. But an anonymous software wallet is what we’ll be talking about first. Using software bitcoin wallet is one of the easiest ways to store Bitcoin anonymously. All the users need to do is simply download the Bitcoin wallet on their phone, laptop, or another internet device.
There are good numbers of anonymous btc wallets, let’s go through 6 of the best ones available.
Electrum is the first system wallet we’ll be talking about on our list. This is because they’ve been around for over seven years now. Electrum wallet is free, and downloadable on Windows and Linux OS. Sending bitcoin on this space is easier than normal. When you want to send Bitcoin from this space, all you have to do is enter the receiver’s address, followed by the number of bitcoin you want to send.
Another interesting thing about electrum is that they only charge a small fee for your transaction when sending coins. And we can say that’s okay enough and reasonable. This is because it’s like paying a small amount for the safety of your larger holdings. The other thing electrum will provide you is a backup pin in case you lose your key; you can easily gain access to it again. As long as you keep the two safe, then you can’t have any issues.
Just like you can have your anonymous bitcoin wallet on pc, you can have it on your mobile. Bread is one of the best anonymous bitcoin wallets you can have on your mobile phone. Both iPhone and Android users can have access to this application through their app store. The best part of using Bread is that when you create an account and have a pin, you’ll be given 12 random words, and they’re there for backup just in case you forgot your passcode.
Ever heard about the QR code for scanning? Now that makes even adding a contact on WhatsApp easier, locating people’s Instagram accounts without remembering their name.
You can make payment through QR code on Bread without having to know their other details. Bread also allows you to log in with your fingerprints, and that’s what most traders have been yearning for. Traders want an application that allows them to access their wallets through touch ID. It makes it faster and more convenient for them. But note that it’s the only Bitcoin, Bitcoin Cash, and Ethereum that you can store on this wallet. When you have other coins to save, you’ll have to put them elsewhere.
The next stop on our list is BitLox. We’re making it the 3rd anonymous bitcoin wallet on our list because of the extra length they took on security and privacy issues. Your IP address is always protected. Transactions are secured and safe; you don’t have to worry about insecurities. That’s why we made it our number 3.
The next anonymous wallet on our list is the Edge. Just like its name applies, it gave an edge to ios users over android users because it’s available only on IOS. The codes are encrypted, giving you the confidence and assurance that your codes and transactions are safe and not accessed by a third party. You can also use the wallet on multiple devices because of the backup option.
Ledger nano series
Ledger nano series is the 5th anonymous wallet on our list. This wallet works like Bread wallet which we mentioned earlier. It allows you to have a backup password and easily access your account when you forget your code. This wallet is compatible with both pc and mobile. They charge for the transfer of coins too, but it’s worth it because of their security performance.
The last on our list of 6 top anonymous wallets is the Samourai wallet. However, it’s an android only wallet which has been around for a while. It has given Android users so much through its amazing secure and safe system. The wallet has an inbuilt VPN to keep your IP address secure.
All the listed anonymous bitcoin wallets above are only a few amongst the many anonymous bitcoin wallets available. But based on reviews and user experience, we made a list of some of the best. However, whenever you want to use an anonymous wallet, you should be sure what you’re trying to protect is truly protected.