Best online wallets for holding bitcoin in 2020

There are 3000+ decentralized bitcoin wallets to hold the bitcoin and other cryptocurrencies. In this article, I will show you the best and most used bitcoin wallets. The arrangement is made according to merit and demerit.

Coinbase

Coinbase is launched in 2012 which is based in San Francisco. Coinbase is an exchange broker that helps people buying and selling of cryptocurrencies. Coinbase has more than 40 million customers. Let's talk about the pros and cons of the Coinbase Wallet.

Pros of using coinbase:

• Many fiat deposit and withdrawal options including credit cards.
• Insurance Bitcoin deposit.
• Services on Mobile and online.
• High security including 2FA
• Instant transfers between Coinbase users.
• A friendly user interface.
• The Twitter account of the coinbase is verified.

Cons of using Coinbase:

• Your account will be monitored and you don't stay anonymous
• The support team is slow.
• Delay in deposits and withdrawals.
• Not support many cryptocurrencies.

 Below is the dashboard of coinbase account!!!

Coinbase Dashboard

Blockchain

Blockchain is launched in 2011 which is based in England. Blockchain is an exchange broker that helps people buying and selling of cryptocurrencies. Blockchain has more than 40 million customers. Let's talk about the pros and cons of the Blockchain Wallet.

Pros of using Blockchain:

• A friendly user interface.
• Many fiat deposit and withdrawal options including credit cards.
• Insurance Bitcoin deposit.
• Services on Mobile and online.
• High security including 2FA.
• Instant transfers between blockchain users with low fees.
• The support team is awesome compare to coinbase.
• The Twitter & Facebook account of Blockchain is verified.

Cons of using Blockchain:

• Your account will be monitored and you don't stay anonymous.
• Transaction fees are high compare to coinbase.

 Below is the dashboard of the blockchain account!!!

Blockchain Dashboard

Uphold

Uphold is launched in 2013 which is based in San Francisco. Uphold is an exchange broker that helps people buying and selling of cryptocurrencies. Uphold has more than 1.7 million users. Let's talk about the pros and cons of the uphold Wallet.

Pros of using Uphold:

• Services on Mobile and online.
• Many fiat deposit and withdrawal options including credit cards.
• High security including 2FA
• Fastest growing multi-asset platform.
• Instant transfers between uphold users.

Cons of using Uphold:

• The Twitter account is not verified.
• Not user-friendly Dashboard.
• The support team is slow.

Below is the dashboard of uphold account.

Uphold Dashboard

This is only from my point of view there are many bitcoin wallets to hold bitcoin in 2020 but I like above three. Some of the recommendations are listed below:

• LocalBitcoins
• Bitpay
• Skrill
• Paxful
• Binance
• Perfectmoney
• Payeer