• Bitcoin Wallet
• Good Bitcoin Cash Wallet

01.The Best Bitcoin Cash Wallets

Let’s talk about what I consider to be the best Bitcoin Cash wallets currently in this section. Below I have made a table with them and listing all of their features and characteristics to help you make your decision. As you can see there are not many wallets that I think should be considered the best, just six. Make sure to check out their reviews that are also linked as you can find detailed information there.

See full list on captainaltcoin.com. Exodus is a light wallet as you don’t need to download the entire blockchain to the computer. The best part about Exodus is that you can store multiple currencies apart from BCH ABC, making it one of the best bitcoin cash ABC wallets. Click here to download Exodus wallet #5 BTC.com. The Exodus wallet is best described as a “Blockchain assets wallet” because you can store a variety of cryptocurrencies like Bitcoin, Litecoin, Dogecoin, Ethereum, and Dash. If you’re actively investing in altcoins, the Exodus wallet is very appealing. A Bitcoin Cash SPV Wallet Control your own private keys. Easily back up your wallet with a mnemonic seed phrase. Enjoy high security without downloading the blockchain or running a full node.

Complete List of Bitcoin Cash Wallets

In case that you did not like any of the wallets listed in the previous section as the best, fret not. Below I would like to give you a complete list of all wallets available worldwide that can support the BCH coin. These alternative to the best wallets, have a lot of features that are either unique to them or share between many of them. Again, if it is necessary, you can check out their full reviews and obtain more information that will help you with your choice.

Maybe the best thing to realize that will help you pick your wallet is to think about how you will be using it. If you are a person that is very active and needs access to their funds anywhere, they go a mobile wallet will be the best choice or a hardware wallet.

02. Common Features of Bitcoin Cash Wallets

I talked about how different wallets for Bitcoin Cash offer different features and characteristics that may suit different people depending on their needs. This includes even privacy and security features, which are the most important for a wallet if you ask me. Many of them are considered common as a lot of wallets share them between each other and with the upcoming sections I would like to cover them.

Security and Privacy

Most wallets that support Bitcoin Cash are generally well secured with some of the features explained below. Also, the majority of the wallets that can hold BCH are light nodes, which means that in order for them to be operational they will not require a full blockchain history download. Also, it is worth mentioning that most of them are also open source, meaning you have complete access to the code in order to audit it. Here are the other common features:

Two-Factor Authentication

Two-factor authentication almost half of the BCH wallets offer this extra security layer, executed as an extra code, sent to you via email or SMS. It acts as a confirmation for signing into your wallet. If that’s your thing, then look for Ledger Nano, CoolWallet S, Edge and more.

Hierarchical Deterministic (HD)

These HD wallets have a twelve-word masker key seed from which you can create unlimited key pairs for every transaction you make. Also, when you need to restore the wallet, all you will need is the master key and everything will be restored. Such high anonymity tools are Exodus, Jaxx, Atomic, and more.

Multisignature

Wallets that have this feature require each transaction to be signed by multiple people, keeping your anonymity in the network safe. Good Bitcoin Cash wallet examples are BitGo and Electrum Cash.

Secure Bitcoin Cash Wallets To Consider

Transaction Fee Management

Bitcoin Wallet

Lets tank about transaction fees and their management. As you already know, the fees are there in order to provide incentive for the parties supporting, keeping the network alive and decentralized. Different wallets provide different ways to control the transactional fees from no control at all to complete management of the fees. The size of the transaction fee also dictates your priority in the network.

03.FAQ

• Can I send Bitcoin Cash to my Bitcoin (BTC) Wallet?

  Unfortunately, you cannot. Even though they are with similar names, they are on completely different blockchains. The only way this is achievable is by a multi-coin supporting wallet.

• If I set too low a fee, will my transaction go through?

  Of course, that it will go through, but you will have to wait for a longer time period. As I mentioned earlier, the higher the fee, the higher your priority in the network is.

• What does it mean if my transaction did not arrive?

  It is a good idea to check the block explorer and see the status of your transaction. Usually most transactions require a set period to pass before they are completely confirmed like for example 6 blocks.

04.About Bitcoin Cash

Good Bitcoin Cash Wallet

The origins of the Bitcoin Cash network begin with its hard forking off of Bitcoin. Since then it has kept its spot in the top altcoins in the world and continues to this day to be constantly talked about in the community. The new BCH network offered an increased block size. This is due to the developers of the network not being very fond of slow and expensive transactions that are common in the Bitcoin network. They wanted to do something about this issue and different miners had different opinions. That being said, the bitcoin cash network is not as secure as the Bitcoin network since BCH has roughly 5 % of the hashing power of Bitcoin. The effect of this resulted in a blockchain split in August 2017 when BCH hard forked from the BTC network. The name of the new network was given by a Chinese mining pool called Via BTC.