About Bitcoin Gold
Bitcoin Gold is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs.
ASICs tend to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have.
Bitcoin Gold is about connecting merchants, services, and integrators with each other to build solutions… and then helping consumers find them! A program to help users find the right BTG-based debit card services for their needs and locations.
A marketplace of merchants where shoppers can easily find places to spend their BTG, and sellers can feature that they take Bitcoin Gold. A network of partners (solution providers, payment services, eCommerce integrators) to help merchants easily accept Bitcoin Gold.
Best 5 Wallet For Storing Bitcoin Gold
1. Ledger Nano S (hardware wallet)
Ledger Nano S is one of the most popular hardware wallets on the market today. It looks like a regular USB drive, but it also has a built-in screen and a transaction check button. If you need access to cryptographic controls, the Nano S is simple and secure, and you can connect to your computer via USB. One of the main functions is a small organic LED screen (OLED), built into the device when displaying a private key.
This is an important security factor, which means that the private key is not displayed on the screen of the mobile device or computer since it can be attacked by applications or malicious programs that take screenshots of the device. On this screen you can quickly and easily check all transactions.
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2. TREZOR (hardware wallet)
The TREZOR hardware wallet is a popular choice for those who want to encrypt files offline. TREZOR is a USB-style hardware wallet designed to protect your keyboard recorder from threats. These keyloggers record the keystrokes needed to access your funds.
TREZOR does this by accessing the wallet and generating a random PIN each time it is displayed on the device’s LED screen. This is for your eyes.
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3. Exodus (desktop wallet)
Exodus is a desktop wallet that can store more than 25 kinds of cryptocults including bitcoin · gold. This is the first desktop wallet that includes built-in integration with ShapeShift. This is a tool that enables encryption exchange in a few seconds. This is a relatively new person started in July 2016, but it has been proven to be a popular wallet.
Because Exodus can be downloaded for free, it is designed for people who just started encryption, so it is possible that you are not ready to invest money into hardware wallet. The interface has a practical support system that avoids technical languages, including a detailed list of FAQs and explanations of functions, troubleshooting etc.
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4. Coinomi (mobile wallet)
Coinomi is an encrypted mobile wallet for Android devices with many impressive features. The biggest commercial argument is the support of bitcoins (BTC), bitcoins (BCH), ether (ETH), reticin (LTC) and more than 80 cryptographic coins and tokens. Other digital currency.
Installation and setup is simple within a few minutes. The user interface is equally simple. Easy to send and receive payments, easy to track ownership of encryption. There is also the integration of ShapeShift, which allows quick exchange between currencies.
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5. Bitcoin Gold Core (desktop wallet)
Bitcoin Gold Core Wallet is the official wallet of a complete digital currency host that stores private keys on your computer. In addition to storing, sending and receiving BTG, BTG is also possible.
It can be used on Windows, Mac and Linux operating systems. This is a secure storage option that can monitor and manage BTG assets.
However, since this is a complete wallet for the node, downloading takes time and requires more space on the hard disk. Also, it is not user-friendly as a third party “lightweight” wallet, it can not provide the same level of useful features. Finally, if you are looking for a wallet containing several different cryptographic coins and tokens, this option is only for BTG storage.
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Tips for securely storing your Bitcoin Gold
- Back up your data. Regardless of which wallet you choose, ensure you back it up as often as possible. This helps you to maintain security, privacy, and protection for your funds and gives you the ability to recover your holdings if anything goes wrong.
- Two-factor authentication. If two-factor authentication is available, make sure you enable it. It provides an added layer of protection to your wallet and gives you a second step to access your wallet in the event your password is compromised.
- Strong passwords. If you choose a wallet that allows you to add in a passphrase on top of a PIN code, don’t pick something obvious or frequently used. The best passphrases are long, randomly generated ones, and you should change them every few months for added security.
- Install reliable security software. Schedule routine scans and keep your antivirus software updated to better protect your devices from any sort of malware, spyware and viruses.