GreenAddress Bitcoin wallet review

GreenAddress Bitcoin Wallet

greenaddress GreenAddress Bitcoin wallet reviewGreenAddress is an open source and user-friendly Bitcoin wallet. You can store, send and receive coins using both your mobile (Android & iOS) and desktop (through Chrome).  The Green Address wallet is also available on Linux.

Ledger Nano S - The secure hardware wallet

GreenAddress is a HD (Hierarchical Deterministic) wallet, and uses new addresses for each incoming transaction. You can read more about HD wallets here.

 

greenaddress GreenAddress Bitcoin wallet review

GreenAddress is considered one of the most secure digital currency wallets on the market and supports some of the world’s leading exchanges, such as BitStamp and Kraken.

Like most Bitcoin wallets GreenAddress is free to install but the transactions are subject to changing miner’s fee.

How to send bitcoins with GreenAddress?

  • Click on the “Send Money” tab.
  • Enter the recipient’s address or scan their QR code.
  • Choose which wallet the funds will be drawn from.
  • You have the option of choosing “instant confirmation” check box (which solves the problem of “double spending” coins).

How to receive bitcoins with GreenAddress?

  • Click on the “Receive Money” tab.
  • You will see your bitcoin address and QR code.
  • Send this info the sender.

How can I get GreenAddress?

Chrome Web Store

App Store

Google Play

F-Droid

 

Which Bitcoin wallet should I choose?

It is strongly recommend using a hardware wallet. Ledger Nano S and TREZOR are currently the finest hardware wallets on the market, and both support nearly two dozen cryptocurrencies.

The Ledger Nano S is currently one of the best if not the finest hardware wallet with a screen. It can be used on any desktop computer or Android smartphone. Read Ledger Nano S wallet full review.

TREZOR (lunched on August 2014) was the first Bitcoin hardware wallet that offered secure cold storage plus the ability to spend coins with the convenience of a hot wallet. Read TREZOR wallet full review.

You can read more about Bitcoin Hardware wallets here.

You can read more about Bitcoin mobile wallets here.

You can read more about Bitcoin web wallets here.

You can read more about Bitcoin Desktop wallets here.

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