Which Is the Best Anonymous Bitcoin Wallet of 2021
With most crypto services demanding KYCs and identity verifications, it is understandable why some users are looking for an anonymous Bitcoin wallet. There is a wide variety of crypto wallets on the market with different features to meet the needs of the customer. If you are interested in a crypto wallet with your own plastic card, you can pay attention to Trastra with its Trastra Card.
Here is a list of various options from which you can choose a BTC wallet, using which you can privately and securely keep your BTC funds. After all, isn’t that the very essence of using cryptocurrencies?
List of the Best Anonymous Bitcoin Wallet
Check our anonymous Bitcoin wallet list below and choose the right one for you.
1. Guarda Wallet
Guarda is a custody-free multiplatform cryptocurrency wallet that allows you to earn, buy, exchange and stake Ethereum, Bitcoin, and other assets. You can buy Ethereum, Bitcoin, and more than 50 other coins and tokens for as low as $50.
It provides support for over 50 major blockchains and 400, 000 plus tokens of the leading protocols. Specifically, Guarda supports any ERC-20 tokens, Binance Smart Chain, Binance Tokens (BEP2), NFT collectibles (ERC-721), TRON tokens (TRC10 and TRC20), WAVES, OMNI, Hedera & XinFin Tokens, EOS, and NEO, among others.
Also, opportunities exist for staking assets where you can earn up to 40% annual yield. Apart from assets, you can stake to our own validator node with 100% uptime and earn 9% rewards with Harmony staking. You can also earn 5% rewards with Ethereum Staking and 34% rewards with Ontology Staking. Importantly, the wallet offers a referral program to give you passive income
Guarda allows you to get crypto loans in form of stablecoins within 5-10 minutes at 14%APR. You don’t have to own any specific tokens in your portfolio to access this loan. Furthermore, no credit checks or account registration is required. Everything is private and anonymous. Moreover, you can instantly exchange crypto, with the best rates for more than 50 coins.
The wallet has an easy-to-use token generator that allows users to create their own HBAR or ERC tokens. You only set up your token supply and name, distribute it through the wallet, and list it on UNISWAP exchange.
The wallet comes with a chrome extension that lets you interact with any DeFi or entertainment app. It is also supported by the Brave browser to make Dapps very accessible.
The wallet is also secure by ensuring that private keys and backups are generated on the user’s device and encrypted with the Advanced Encryption Standard (AES).
2. Edge Wallet
Edge is one of the most sorted out cryptocurrency wallets on the market. It runs as a mobile application and is currently available for Android and iOS users. The wallet supports 31 popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Monero, Ripple, and many more.
If you use Edge, you are not only signing up for a user-friendly experience but also a safe platform because all your information is known and handled only by you. The company or any third-party site will never have access to your account information. Along with that, you don’t even need to provide them any of your personal information for verification like phone number, email address, or any photo ID. So, all your information remains with you, safely.
Edge also follows the strict rule of transparency, so its code is open source. The code has been attested by the Open Bitcoin Privacy Project, which sets the standards of privacy in the world of digital money. With its super accessible features and robust safety protocols, it surely is one of the most trusted anonymous wallets.
3. Ledger Nano X and Lenger Nano S
Ledger is a well-known and reputable producer of secure Bitcoin and cryptocurrency hardware wallets. Their most known products are Ledger Nano S and Ledger Nano X. Both models are highly-praised wallets due to their sturdy security and versatility. Each wallet supports thousands of cryptos and tokens in addition to Bitcoin.
The wallet has NIST certification for True Random Number Generator in order to secure signatures. It is a Hierarchical Deterministic wallet, having over 100 wallets, each being capable of creating millions of unique addresses.
Ledger enables you to create hidden wallets, with the data of these being hard to tell apart from random bytes, and only the owner can know their location. It also features a 24-word mnemonic backup to allow you to recover your funds in case the device is broken.
4. BitLox Wallet
“Portable, Secure, Chic” is the first thing that you can see when you land up on the BitLox homepage. The wallet is 4mm in size and weighs just about 25 grams. It comes with a metal case, which is fully shockproof and waterproof, so you can carry it with you just the way you want. The best part is that you can charge your wallet with any micro USB cable. So you do not need to worry about carrying your complete set all the time.
Keeping your anonymity and privacy as their biggest priority, BitLox has multiple pin setups for your wallet, device, and even for all your transactions. Along with that, it is NIST-approved and comes with multiple wallet addresses, so all your transactions are always safe. The hidden wallet feature lets you do all your transactions in a way that you can even deny if needed. This wallet supports multiple languages and is BIP 32 and BIP 39 compliant. As we take you on a hunt for the best Bitcoin anonymous wallet, BitLox is a safety catch for you.
5. Incognito Wallet
The Incognito Wallet is a multipurpose wallet that anonymizes BTC.
Users can send, receive, buy, sell, or invest BTC in full privacy. Through the use of stealth addresses, ring signatures, and zero-knowledge range proofs, your transactions leave no trace and record. It is also a non-custodial wallet, which means you are in full control of your private keys and funds.
Its cross-chain bridges also allow users to trade pairs like XMR and BTC. Beyond the latter, the wallet also supports multiple other currencies from a growing list of over 60. If you wish to buy or hold BTC anonymously, without any KYC or registration, this is an ideal option for you.
6. SafePal Wallet
If you have been a part of the cryptocurrency world for some time, then you have heard that Binance is one of the most trusted crypto exchange platforms. Binance invested in SafePal in 2018, and since then, they have collaborated with Binance on multiple occasions. Besides, SafePal’s partnership extends to Dogecoin, Litecoin, Ripple, Simplex, and more.
One can try out this anonymous Bitcoin wallet because of its dynamic interface and multiple extraordinary features. SafePal comes with an air tracking system, meaning that you just have to scan your device barcode and sign in. So, you do not have to worry about using your network data, Bluetooth, WiFi, or anything that will leave a trace of your account details or transactions to a third-party.
It also comes with an EAL 5+ certified secure element, which protects the system from an unexpected attack or malfunction. SafePal is equipped with a true random number generator that has been assessed by AIS31 Standard Germany BSI and FIPS PUB 140-2 from the US, which are considered as the topmost standards of encryption and information security. So, if you are looking for a safe and secure anonymous Bitcoin wallet, then you must try SafePal.
7. Electrum on Tails Operating System
Electrum is a lite Bitcoin wallet that was launched in 2011, with its code being open-source under an MIT license. By using the Electrum wallet on the Tails, it helps Bitcoin users to stay anonymous while transacting through the wallet, as it is an operating system that was designed to protect internet privacy.
Electrum is a non-custodial wallet where no private keys are stored by the wallet, only the user. It is compatible with Windows, Mac OS X, Linux operating systems, and Android mobile devices. It also supports Ledger, Trezor, and Keepkey integration, but it is not an anonymous Bitcoin wallet by default.
Moreover, the Electrum wallet generates a recovery seed for backup. It does not require any personal information upon signup, and it is also Hierarchical deterministic.
8. Trezor Wallet
Trezor was launched in August 2014, and it was one of the very first wallets which could function both like a cold wallet and a hot wallet at the same time. If you ever land up on the Trezor website, you’d come across a very surprising section that is dedicated entirely to their security and safety. The section discusses the issues that they had faced previously in terms of the security of the account holders. Moreover, you cand find out the steps and new updates that they have made to the wallet.
It is worth noting that Trezor compatible with Android, iOS, macOS, and Linux. So, you can just plug in your wallet anytime and anywhere you want with a device. Trezor provides the best in class security features. The use of the recovery phase for entering the wallet is a very secure feature, so even if someone gets hold of your wallet, it is impossible to know the full-fledged phrase.
It entails a strict PIN setup process, which is difficult to crack by someone. If you are looking for an anonymous Bitcoin wallet, which will serve you right, then Trezor should work the best for you.
9. Samourai Wallet
Samourai is a privacy-focused Bitcoin wallet, which employs various technologies to keep your identity and transactions anonymous.
In order to maintain your anonymity, Samourai uses Ricochet and Stonewall technologies. Ricochet is an on/off toggle that prevents transactions from being flagged as suspicious, even if they are blacklisted by Blockchain surveillance algorithms.
Stonewall modifies transactions in order to prevent them from leaving any public associated metadata, increasing the difficulty of linking inputs to outputs of a transaction, making clustering wallet addresses, and generating higher entropy than standard Bitcoin transactions. This makes your transactions harder to analyze and track down to the original sender.
The encryption standard the wallet uses is AES-256 and has no server communication. It is protected by PIN code and has a seed phrase backup for key recovery.
Samourai also has alerts if you have used the same address before, preventing unintentional address reuse. It supports the routing of all transactions through Tor and VPN enabled, which allows you to use an anonymous IP address.
The wallet features SegWit support that reduces the BTC transaction fees when broadcasting them over the network. It is also compatible with mobile devices working on Android, Windows, Mac, and Linux desktop operating systems. Due to its anonymity features, Samourai is the best anonymous Bitcoin wallet that you can find.
With the growing surveillance on privacy and personal data, it is very important to keep all your digital assets safe by using an anonymous Bitcoin wallet. This has been our list of wallets to consider if you want to store and transact with your BTC privately.
Featured image: Unsplash.com
Note: This post was originally published on 13 January 2020 and has been totally updated for the completeness and veracity of the content on 13 May 2021.
Notice: The information in this article and the links provided are for general information purposes only and should not constitute any financial or investment advice. We advise you to do your own research or consult a professional before making financial decisions. Please acknowledge that we are not responsible for any loss caused by any information present on this website.
Published at Tue, 07 Dec 2021 10:33:58 +0000