Update: Wallet Support

BitCap supported wallets

The cryptocurrency space is constantly evolving. We see it as our responsibility to ensure our clients have the most up to date information on all topics that can have an impact on their experience navigating this industry. One such update happened this week after Jaxx.io, a cryptocurrency wallet provider we’ve previously recommended, updated their FAQ page. Jaxx now recommends their users not utilize the Jaxx wallet for mining proceeds. Because of this, we’ve decided to compose a comprehensive list of wallet recommendations our clients can reference when electing a wallet.

Jaxx was our original wallet of choice because of a commitment to making the user experience for our clients managing their mining rewards as convenient and secure as possible. Naturally, this update alters our recommendation for your wallet so this blog post will provide alternative options to store your Bitcoin, Ethereum, and other popular payout tokens.

This will be an ongoing series. As more information becomes available and depending on what adoption looks like for emerging blockchains and other factors, we will continue to provide updates on various wallet options. All of the following options on this post are wallets wherein the user owns his or her own keys.


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Bitcoin Core

[Download] [Guide]

Bitcoin Core is the full node implementation of Bitcoin. Running a full node does require you to download the entire blockchain before it can be used. This method requires a desktop computer with a relatively large hard drive.

Note: We recommend installing the blockchain on an external or separate internal drive if possible.
 

Bitcoin.com Wallet (Poly Platform)

[Download]

Multi-platform wallet and a good option for both a mobile and desktop experience.

 

Others

(Check out here)


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Mist (Mac/PC)

[Download] [Guide]

Like Bitcoin Core, Mist is a full node implementation of the Ethereum blockchain. Once installed and after creating and encrypting your wallet (it will walk you through it), go to "develop" on the top menu and select "Sync with Light Client (Beta)" if you do not want to download the entire blockchain. 

Note: We recommend installing the blockchain on an external or separate internal drive if possible.

 

Ethereum Wallet (Mac/PC)

[Download] [Guide]

Developed by the Mist project, Ethereum wallet is a lighter version of their Mist client. Ethereum Wallet is missing a few Ethereum features and support for the network that the full-blown Mist wallet has, but it does allow its users do not have to download the entire Ethereum blockchain.

If you do not want to download the entire blockchain, once installed and after creating and encrypting your wallet (tutorial provided), go to "develop" on the top menu and select "Sync with Light Client (Beta)".

 

MyEtherWallet (Poly platform)

[Website] [Guide]

MyEtherWallet is an interesting and uniqe wallet inferface. MEW is just a web interface that allows you to interact with the Ethereum network. No downloads necessary accessible anywhere in the world with an internet connection and you own your keys.


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MULTIPLE COIN: Trezor Wallet

[Download] [Guide]

Although involving the purchase of hardware, the Trezor Wallet is one of the most secure options, wherein coins cannot be moved without physical access. Trezor also boasts multiple coin support. Highly recommended especially for storing long term, but not as convenient.