Best Bitcoin Gold Wallet-Wallet For Bitcoin Gold

Posted by Bitcoingoldwallet on January 17th, 2020

Which bitcoin wallet support bitcoin gold?

The cryptocurrencies are evolving at a rapid pace. The hard forks (when a single cryptocurrency splits into two) and soft forks (when two cryptocurrencies merge into the one) of these cryptocurrencies have become the latest trend. 

Even bitcoin, the godfather of the existing cryptocurrencies, has experienced different iterations and branches in its way. The most popular is Bitcoin gold which took place in late 2017. 

Bitcoin Gold in a glance

Just like Bitcoin Cash (BCH), Bitcoin Gold (BTG) is a hard fork of the original open-source cryptocurrency. What compelled Bitcoin to be forked again? The purpose of Bitcoin Gold has been to ‘make bitcoin decentralized again’.

Though Bitcoin Gold works the same just like Bitcoin, Bitcoin Gold’s mining algorithm (Equihash) makes it easier to mine on consumer accessible GPUs.

Bitcoin gold refocuses on profitable mining and simultaneously on decentralization which are the core characteristics of its parent Bitcoin.

Advantages of Bitcoin Gold 

Bitcoin Gold is an altcoin that was forked out of Bitcoin. In comparison to Bitcoin, Bitcoin Gold offers the following advantages: 

• Bitcoin Gold uses Equihash-proof-of-work hence is more energy-saving.

• Mining is done through GPU and not with expensive ASCI (used in Bitcoin).

• The company solves the difficulty with every single block hence, it is quite flexible to use. 

Which are the best wallet for Bitcoin Gold?

The users are free to select the wallet they would like based on their requirements. The listed wallets are the best wallet for Bitcoin Gold and are available as usual for desktop, mobile and online. Let’s know about these wallets in brief.

• Trezor

Trezor is a well-known and the most secure wallet for your Bitcoin Gold. It looks like a USB that needs to be connected to the computer or mobile device. The wallet displays a nine-digit PIN every time you connect it and the user can even add your own words to the 24-word recovery phrase (passphrase). This offers additional safety to your BTG. 

All in all, Trezor is the best choice for anyone who wants to store their BTG offline and is compatible with Windows, Apple, and Linux desktop operating systems.   

• Ledger Nano S

Ledger Nano S may appear just like an ordinary USB drive but is an extraordinary BTG wallet. The wallet offers a top-class security system, is easy to set-up and is user-friendly. It comes with a built-in screen and transaction confirmation buttons. 

One of the main features of this wallet is the small LED screen which provides additional security whenever you display your private keys. With Ledger Nano, you are in charge of your funds. Just plug it into the USB port to access your crypto holdings. 

• Exodus 

The best bitcoin gold desktop wallet is Exodus. Every time a transaction is processed, Exodus charges a transaction fee that is further received by the blockchain network.

Moreover, the wallet has a built-in ShapeShift tool that exchanges your crypto coins in minutes. The best part? It has an easy to use interface which is perfect for beginners. 

• Bitcoin Gold Core

Nothing is better than the official wallet. Bitcoin gold core is the best bitcoin gold wallet. Bitcoin Gold Core is a full node client wallet that is available over Linux and Windows. One can store, send, receive as well as mine Bitcoin Gold with it. The private keys are stored on your computer. 

Do note that the wallet is solely designed to hold Bitcoin Gold. 

Which bitcoin wallet support bitcoin gold? The mentioned wallet is the best bitcoin wallet that supports Bitcoin Gold.

Final thoughts

The sole purpose of crypto wallets is to keep your digital assets safe. And the same is the case of bitcoin gold wallets. The listed ones are the best wallet for bitcoin gold in terms of usage, friendliness, and security. You can pick any of the ones based on your preferences. 

Nevertheless, in the end, you need to think out your personal preferences before deciding the one!