While Bitcoin Cash hasn’t been able to match Bitcoin in terms of market capitalization after the contentious hard fork in 2017, it has still attracted a dedicated following of users who view it as a superior version of digital money.
If you want to invest in Bitcoin Cash and/or use it as a digital currency, you’ll need a good wallet to securely store your coins and authorize transactions. To simplify your search, we have selected the 6 best Bitcoin Cash wallets available today.
Here are the best wallets for Bitcoin Cash in 2024:
Ledger – The best hardware wallet for Bitcoin Cash
Trezor – Open-source hardware wallet with Bitcoin Cash support
Trust Wallet – Best multi-currency Bitcoin Cash wallet
Electron Cash – Bitcoin Cash wallet with SPV support
Selene Wallet – A simple-to-use mobile Bitcoin Cash wallet
Stack Wallet – Multi-currency wallet with excellent user interface
The best Bitcoin Cash wallets in 2024 – A closer look
When selecting the best wallet for Bitcoin Cash, we’ve made sure to include a broad range of wallets because we want every type of Bitcoin Cash investor and user to find a wallet that will perfectly suit their needs. Our list includes wallets that prioritize security, wallets that are focused on providing a smooth user experience, and wallets that try to strike a balance between these two approaches.
Without further ado, let’s take a closer look at each contender in our list of the best Bitcoin Cash wallets.
1. Ledger – The best hardware wallet for Bitcoin Cash
If you need long-term storage for your Bitcoin Cash, using a hardware wallet is likely the best option. Ledger crypto hardware wallets are among the best in the market, and are known for their excellent price-to-performance ratio, strong security features, and wide compatibility with various software wallets.
Hardware wallets from Ledger improve the security of your cryptocurrency holdings by storing private keys directly on the device, isolated from potentially insecure environments such as desktop computers or smartphones.
When you execute a transaction, the hardware transmits the signature but doesn’t expose your private keys to the device it’s connected to. This ensures that your private keys never leave your hardware wallet or become exposed online.
Both the Ledger Nano S Plus and the Ledger Nano X models can be used to store and transact with Bitcoin Cash. The primary difference between these models lies in their connectivity options: the Nano X features Bluetooth for wireless connections to other devices, while the Nano S Plus can only usesa USB cable for connection. Both models are equipped with an EAL 5+ certified Secure Element.
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2. Trezor – Open-source hardware wallet with Bitcoin Cash support
Trezor is Ledger’s biggest competitor in the crypto hardware wallet market, and also makes excellent devices for securely storing cryptocurrency. Notably, Trezor’s devices are open-source, which is valuable for those who place a lot of importance on transparency.
You can use your Trezor devices with the company’s Trezor Suite software, or connect them to another Bitcoin Cash wallet that has support for Trezor. All of Trezor’s hardware wallets support Bitcoin Cash, so it’s up to you to decide which Trezor model you want to secure your BCH coins with.
The entry-level Model One should suffice for most users, although the Safe 3 (which features a secure element) and the Model T (which features Shamir backups, broader crypto support and a color touchscreen) are certainly compelling options if you’re willing to spend a bit more.
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3. Trust Wallet – Best multi-currency Bitcoin Cash wallet
Trust Wallet is a non-custodial wallet known for supporting a wide range of cryptocurrencies, including Bitcoin Cash. This versatility makes it an ideal choice for investors with diverse crypto portfolios, as it is capable of supporting almost any cryptocurrency one might hold.
Security is a fundamental aspect of Trust Wallet, as the wallet includes advanced features such as biometric authentication, PIN code protection, and encrypted storage to safeguard user assets. Trust Wallet is committed to user privacy, as it does not collect or sell any personal information.
Designed as a non-custodial wallet, Trust Wallet gives users full control over their private keys, which are crucial for accessing their funds. This means that while users can benefit from high security, they also bear the responsibility of securely managing and backing up their private keys to prevent unauthorized access.
For those aiming to streamline their cryptocurrency investing by managing all their assets in one location, Trust Wallet is a highly practical and secure solution.
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4. Electron Cash – Bitcoin Cash wallet with SPV support
Electron Cash is a non-custodial wallet specifically designed for use with Bitcoin Cash. It supports advanced features such as multisig wallets, CashTokens, as well as CashFusion and stealth addresses for users who require stronger privacy.
Notably, the wallet Electron Cash wallet features SPV (Simplified Payment Verification), a technique that makes it possible for a wallet to offer a strong degree of security without having to download the full blockchain or run a full node. Electron Cash uses a decentralized network of servers to offload the most intensive operations from the user’s devices, ensuring a smooth user experience.
Electron Cash is available as a desktop application for computers running Windows, MacOS, and Linux. The wallet is also available as a mobile application for both the iOS and Android operating systems.
Due to its extensive suite of features and availability on multiple platforms, Electron Cash makes a strong case as the best dedicated Bitcoin Cash wallet. However, the user experience is not quite as slick compared to certain competitors – we would definitely recommend Electron Cash to more advanced Bitcoin Cash users, while beginners might prefer other options.
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5. Selene Wallet – A simple-to-use mobile Bitcoin Cash wallet
Selene Wallet is a dedicated Bitcoin Cash wallet created by Bitcoin Cash community member Kallisti and the team behind The Bitcoin Cash Podcast. Selene Wallet is available as a mobile application for the iOS and Android operating systems.
The Selene Wallet is non-custodial and provides a simple user experience for storing and sending BCH. The app is designed to provide fast onboarding for new Bitcoin Cash users, allowing even beginners to get started with Bitcoin Cash right away without requiring a long time to get to grips with the user interface.
Even though it isn’t the most fully-featured Bitcoin Cash wallet on the market, Selene Wallet is a great choice for users who want a secure, fast and easy way to store their BCH coins and make transactions.
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6. Stack Wallet – Multi-currency wallet with excellent user interface
Stack Wallet is a multi-currency wallet with good support for Bitcoin Cash. The wallet is fully open source and features a non-custodial design. It also has integrations with cryptocurrency exchanges, allowing users to buy and sell cryptocurrency directly through the Stack Wallet interface. Stack Wallet is available as a mobile app for iOS and Android devices.
Stack Wallet has an excellent user interface, which makes the wallet suitable for beginners. However, the wallet is also perfectly capable of serving the needs of more advanced cryptocurrency users as well.
The wallet is designed with privacy in mind, as the privacy-preserving features of the cryptocurrencies it supports are enabled by default. Stack Wallet also has a smart blockchain synchronization feature, which reduces the wait time before users can start using their coins.
Other handy features of Stack Wallet include custom wallet data backups, a multi-wallet address book, and the ability to organize wallets by favoriting wallets the user accesses most frequently. Besides Bitcoin Cash, Stack Wallet also supports Bitcoin, Solana, Monero, Dogecoin, Litecoin, Firo, Epic Cash, Namecoin and Wownero.
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The bottom line
Bitcoin Cash users can choose from a variety of high-quality wallets, and the choice ultimately comes down to what kind of BCH holder you are. If you’re a passive long-term investor, we recommend you secure your Bitcoin Cash holdings with a hardware wallet.
When choosing between different software wallets, there’s usually a tradeoff between advanced features and user-friendliness. Hopefully, our list of the best Bitcoin Cash wallets features a solution that’s perfect for your needs.
If you want to learn more about the different types of cryptocurrency wallets, make sure to check out our article comparing hot wallets vs cold wallets.