There are various types of bitcoin wallets which are enough for your needs for sending and receiving money. With these types of bitcoin wallets you will be assured of a variety of platforms where you will get your services for all your needs. The first type of bitcoin wallet that can make you enjoy sending and receiving money is the software wallet. These are basically the hot type of wallet where software is needed so that the clients can download a bitcoin wallet application. The application is what allows you to access your account as well as sending money from your account to another user. However, things are now better because of the introduction of MultiBit. This is desktop software that does not require any download for you to start transacting bitcoins.
The Online Wallets
The online wallets is also another common type of wallet which requires you to just sign up with an account online. It is the simplest way of transacting bitcoins as you will be required to verify your online account and start loading money which will then be converted into bitcoins. Most of the people have expressed their happiness about the fact that the online mobile wallet can be accessed using any device as long as it connects to the internet. With this account, you are assured of the idea that you can withdraw money from anywhere even at the comfort of your home.
The paper wallet
This is also another type of bitcoin wallet that you can find handy when there is a dire need for security or a more secure transaction. What is paper wallet? It is basically the printed out private and public keys. With this kind of bitcoin paper wallet, the users are given an opportunity to print their keys on a piece of paper and they only become handy whenever there is need to sell or buy bitcoins. This is also one of the most secure bitcoin `wallets that you can ever find because it is offline storage method.
The hardware wallet is a bitcoin wallet platform where a specified type of hardware is tasked with creating specific keys for every transaction to go through. For you to make transaction, you will need to connect a Universal Serial Bus. This is a bitcoin wallet that is more secure because it operates online and the keys are free from viruses and hackers.