Quote from: Hamza2424 on September 12, 2022, 05:12:05 PM

Which wallet is best to accumulate Bitcoin?

I had discussed some of the wallets types before, you can go for hardware base crypto wallets for better security, and I only mentioned 3 hardware wallets there and some other hot wallets. But in here, you will find the best options to store your BTC for long term using hot wallets.

1: Exodus:

Exodus is best for beginner as they have 24 hour lives support and you can use it on phone and pc.

Pros:

•   You can add Exodus with Trezor hardware wallet.
•   Combining with hardware wallet increases security.
•   It supports 240+ assets.
•   You can use its web 3, desktop and mobile version as per requirement.
•   Built in exchange.

Cons:

•   It is not an open source wallet

To see the difference between open source and close source wallet. Pay visit here.

2: Electrum:

Electrum is a free cold wallet which provide next level security with its unique features. It’s in the market since 2011.

Pros:

•   We can use it on all the operating system, such as Android, Window, MacOS, Linux and Python.
•   We can use their Cold Storage option to keep seed phrase to perform actions, and hot storage can be used to watch the balance.
•   It supports hardware wallets like Trezor, Ledger and Keepkey.

Cons:

•   Only useable for storing Bitcoin.
•   24 hours support is not available here.

This made me a little confuse as maybe i am missing something as why the Exodus is better than the Electrum wallet. I am more curious to know this because i haven't used Exodus wallet but frequently used the Electrum wallet.
Also as per my knowledge , Electrum is the best and safest software wallet after the hardware wallets.