Best Bitcoin SV Wallets (2020)
A Bitcoin SV wallet is a must if you want to store all of your hard-earned or mined Bitcoin SV coins. Choosing the best BSV wallets is a difficult task. Obviously, there are many parameters can affect your final decision.
First, let’s learn more about BSV!
What is Bitcoin SV
Bitcoin SV (Satoshi’s Vision) was hard-forked from the Bitcoin Cash project on November 15, 2018. It happened because a group of users wanted to retain the original idea that Satoshi Nakamoto proposed in his Bitcoin whitepaper.
First, the original Bitcoin project had a small block size limit of 1 MB, which bottlenecked the maximum rate of transaction processing. Then, Bitcoin Cash founders hard-forked the project and increased the block size to 32 MB. However, another group of users wanted to increase it to 132 MB, — and that’s how Bitcoin SV was born.
At first, Nakamoto aimed at completely replacing money with Bitcoin. Still, Bitcoin is already too heavy to handle the transactions. Most of people exploit it because of its value. Bitcoin SV is there to fill the shoes and prove a stable, scalable platform for handling millions of transactions per second. It inherits the market cap and maximal coin supply from Bitcoin Cash.
Top BSV Wallets
A Bitcoin SV wallet has several key characteristics depending mostly on the system type and its general features.
Check our top 8 list of the best wallets to learn more:
Guarda supports multiple crypto-assets and offers easy access from any device. Moreover, it works with more than 45 blockchains, making it compatible with thousands of cryptocurrencies. If you are a crypto-enthusiast wanting to get some Bitcoin SV, look no further than Guarda!
It’s a non-custodial Bitcoin SV wallet. It means that they don’t hold, store, or access your funds. Regarding privacy options, Guarda utilizes a multi-signature technology that uses several signatures to validate transactions. If you’re looking for Bitcoin SV exchange and staking, Guarda has all these features embedded.
- Friendly user interface
- Desktop, web, and mobile clients (both iOS and Android)
- Provides a useful Chrome extension as well
- Non-custodial service
- Respects user privacy
2. Atomic Wallet
Atomic Wallet was founded in 2018, and it supports more than 300 crypto assets. It’s a desktop-only Bitcoin SV wallet, but it supports multiple operating systems, including Windows, Ubuntu, Mac, Fedora, and Debian. Thanks to Atomic decentralized approach to transaction validation, crypto-enthusiasts can stay anonymous.
Above all, it has a built-in exchange system allowing to manage one’s cryptocurrency portfolio.
- Supports many desktop operating systems
- Built-in Bitcoin SV exchange
- Offers user anonymity
- Non-custodial wallet
Edge was founded in 2014, and its original name was Airbitz. After its rebranding, it became an elite solution for many cryptocurrencies. At the time of writing, they support 27 cryptocurrencies, including Bitcoin SV. However, Edge only offers a mobile app (iOS and Android).
Edge cares about user security, so it requires only a username and a password. After signing up, you can integrate PIN or enable fingerprint access. Also, you can access your BSV wallet from multiple devices.
- One of the leaders on the market
- User-friendly mobile app
Coinomi launched relatively early, and they had plenty of time to improve their BSV wallet. Having around 3 million users and supporting 125 blockchains and more than 1800 cryptocurrencies, Coinomi is one of the best Bitcoin SV wallets around.
Coinomi raises privacy and security standards for other crypto wallets. They are a non-custodial wallet, so they hide your real IP address to provide maximum anonymity. Also, users praise Coinomi’s intuitive and user-friendly interface on all supported platforms.
- Supports a large number of cryptocurrencies
- Offers maximum privacy, security, and anonymity to users
- Supports all major platforms
- Non-custodial BSV wallet
Exodus was founded in 2016, and they support more than 100 crypto assets, including Bitcoin SV. Unfortunately, it only provides desktop clients with support for Windows, Mac, and Linux. It’s a highly popular choice among crypto enthusiasts, partially because of its built-in crypto exchange that allows users to easily diversify their cryptocurrency portfolio.
- Built-in Bitcoin SV exchange
Contrary to other items on our list, HandCash is a dedicated Bitcoin SV wallet. Can you imagine they don’t even support other Bitcoin varieties like BTC and BCH?
Fortunately, HandCash comes in the convenient form of a mobile app with both iOS and Android clients. Users are identified by their usernames instead of actual addresses. In addition, they can earn BSV by connecting HandCash with apps and games.
- Dedicated BSV wallet
- Simple payment options for many online stores
- Earn BSV by connecting Handcash to third-party apps
Centbee is a simple BSV wallet available for iOS and Android. Shopping, buying BSV with fiat, or even withdrawing it by converting to your local fiat currency is very simple.
However, there are no usernames or information saving options. Also, you’ll need to remember a 12-word password if you want to keep your coins.
- Buying BSV with cash or withdrawing in local fiat is simple
- Intuitive use
8. Electrum SV
Electrum SV was founded in 2018. It’s a designated Bitcoin SV wallet created by a member of the BSV community. It provides a useful desktop client running on Windows, Mac, and Linux. Its source code is open and the community regularly publishes fresh updates.
- Open-source project
- Designed for BSV
- Developed by the BSV community
Each Bitcoin SV wallet brings something different to the table, but they ultimately serve the same purpose. The Bitcoin SV ledger is public and similar to that of Bitcoin.
What sets these wallets apart is the ease of access and an opportunity to support multiple cryptocurrencies. Also, premium wallets offer additional privacy features.
Hope now you have an easier choice to make when settling on the best Bitcoin SV wallet!