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Select a wallet to store your bitcoin so you can start transacting on the network. Answer the following questions to create a list of wallets that meet your needs.

Portable and convenient; ideal when making transactions face-to-face. Some desktop wallets offer hardware wallet support, or can operate as full nodes. Note: This option is unavailable based on your previous selections. Some wallets give you full control over your bitcoin. This means no third party can freeze or take away your funds.

You are still responsible, however, for securing and backing up your wallet. Some wallets have the ability to operate as a full node. This means no trust in a third party is required when processing transactions. Full nodes provide a high level of security, but they require a large amount of memory. Some wallets are open-source and can be built deterministically, a process of compiling software which ensures the resulting code can be reproduced to help ensure it hasn't been tampered with.

Some wallets can be loaded on computers which are vulnerable to malware. Securing your computer, using a strong passphrase, moving most of your funds to cold store or enabling 2FA or multifactor authentication can help you protect your bitcoin. Some wallets make it harder to spy on your transactions by rotating addresses. They do not disclose information to peers on the network. They can also optionally let you setup and use Tor as a proxy to prevent others from associating transactions with your IP address.

Some wallets give you full control over setting the fee paid to the bitcoin network before making a transaction, or modifying it afterward, to ensure that your transactions are confirmed in a timely manner without paying more than you have to.

Two-factor authentication 2FA is a way to add additional security to your wallet. The first 'factor' is your password for your wallet. The second 'factor' is a verification code retrieved via text message or from an app on a mobile device. It likely requires relying on the availability of a third party to provide the service.

Bech32 is a special address format made possible by SegWit see the feature description for SegWit for more info.

This address format is also known as 'bc1 addresses'. Some bitcoin wallets and services do not yet support sending or receiving to Bech32 addresses. Some wallets fully validate transactions and blocks. Almost all full nodes help the network by accepting transactions and blocks from other full nodes, validating those transactions and blocks, and then relaying them to further full nodes.

Some wallets can pair and connect to a hardware wallet in addition to being able to send to them. While sending to a hardware wallet is something most all wallets can do, being able to pair with one is a unique feature. This feature enables you to be able to send and receive directly to and from a hardware wallet. Most wallets have the ability to send and receive with legacy bitcoin addresses.

Legacy addresses start with 1 or 3 as opposed to starting with bc1. Without legacy address support, you may not be able to receive bitcoin from older wallets or exchanges. Some wallets support transactions on the Lightning Network.

The Lightning Network is new and somewhat experimental. It supports transferring bitcoin without having to record each transaction on the blockchain, resulting in faster transactions and lower fees.

Some wallets have the ability to require more than one key to authorize a transaction. This can be used to divide responsibility and control over multiple parties.

Some wallets support SegWit, which uses block chain space more efficiently. This helps reduce fees paid by helping the Bitcoin network scale and sets the foundation for second layer solutions such as the Lightning Network. Make a donation. Choose your Bitcoin wallet Select a wallet to store your bitcoin so you can start transacting on the network. Let's help you find a bitcoin wallet. Skip helper Next. Mobile wallets.

Desktop wallets. Hardware wallets. How much do you know about Bitcoin? Which criteria are important to you? Transfer your crypto into your PayPal Balance account or send some to a friend in just a few steps. Select crypto at checkout on eligible purchases when checking out at millions of online stores worldwide. Complete your W-9 tax form in advance in the app to use your crypto as a payment method. Crypto is considered volatile because of how much, and how quickly, its value can change.

There's potential for gains and losses. Keep in mind that we can't protect you from losses as a result of market volatility.

Transferring cryptocurrency on the blockchain is also risky and your crypto may be delayed or lost. Be sure to do your research and buy and sell carefully. Crypto, short for cryptocurrency, is a form of currency that only exists in the digital space. Many believe that crypto could one day be as commonly used as cash and credit. Since all cryptos are global currencies without borders, prices change every minute of every day.

Just like with other payment options, PayPal has your back with fraud protection and PayPal Purchase Protection on eligible purchases from millions of online stores where PayPal is accepted. Report any gains or losses on crypto sales come tax season.

Yes, you can transfer cryptocurrency into and out of PayPal. Learn how to initiate a transfer by reviewing instructions here. We support crypto transfers between Personal PayPal accounts. PayPal supports the buying, selling, holding, and transfer of cryptocurrency into and out of PayPal.

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Hold, sell, and buy cryptocurrency. Curious about crypto? Get confident with the app. Discover Crypto Get the App. What you should know about crypto with PayPal. Buy cryptocurrency simply in the app. Unauthorized transfer reimbursement. Learn at your own pace. All your crypto in one place. Make your crypto move. How to get started with cryptocurrency. Explore crypto articles. Go to Finances. Choose your crypto.