Simple Guide to the Best Bitcoin Gold Wallets in 2024
If you ever wanted to hold some Bitcoin Gold (BTG) or are about to do so, you will need a wallet. No matter if you are a trader or a miner, it is always necessary to have a way to keep your funds in check. As a fork of Bitcoin, BTG also has a wide range of wallets that support the currency. They all have different features and quirks that users can find useful. That’s why I will show you what I consider the best Bitcoin Gold wallets and how to make the best choice.
01.The Best Bitcoin Gold Wallets
I have made a table with the best wallets for Bitcoin Gold along with some criteria such as advantages and disadvantages of each type. I would like to advise you to check out the Bitcoin Gold wallet reviews that are attached as links in the table because they will provide even more information that will assist you with the choice.
| Type | Name | Compatibility | Supported Coins | Features | Get Wallet |
|---|---|---|---|---|---|
| Desktop Wallets | Full Bitcoin Gold Core Review |
BTG only |
-HD Wallet -SegWit Support -Custom Fees |
Download | |
| Electrum G |
BTG Only |
-HD Wallet -Multisig -Hardware Support |
Download | ||
| Hardware Wallets | Full Ledger Nano S Review |
80+ Coins 1000+ Tokens |
-HD Wallet -Custom Fees -Open-source |
See Pricing | |
| Full Trezor One Review |
50+ Coins 1000+ Tokens |
-HD Wallet -Offline Storage -Third Party wallets and Service Integration |
See Pricing | ||
| Mobile Wallets | Full Guarda Review |
40+ Coins 1000+ Tokens |
-Built-in Exchange -Fiat Gateway -Built-in Asset Swap |
Download | |
| Full Edge Review |
20+ Coins 1000+ Tokens |
– Built-in Exchange – SegWit support – Node Selection |
Download | ||
| Web Wallets | Full Guarda Web Review |
20+ Coins 1000+ Tokens |
-Built-in Exchange -SegWit support -Node Selection | Visit Website |
Complete List of Bitcoin Gold Wallets
As I mentioned earlier, Bitcoin Gold coins are supported by a lot of wallets. If you have not made your choice yet from the previous list of wallets, here I will give you the complete list of all of them that can be used with BTG. Again, I recommend for the guides to be read, as they provide a deeper insight into their functionality and features.
| Name | Type | Compatibility | Supported Coins | Security | Key Features |
|---|---|---|---|---|---|
| Bitcoin Gold | Desktop |
BTG only |
Passphrase |
-HD Wallet -SegWit Support -Custom Fees |
|
| ElectrumG | Desktop |
BTG only |
Passphrasе 2FA |
-SegWit Support -Multisig -Hardware Support |
|
| Atomic | Desktop, Mobile |
30+ Coins 1000+ Tokens |
Passphrase |
-HD Wallet -Atomic Swap -Fiat Gateway |
|
| Bitlox | Hardware |
3 Coins |
Pin |
-HD Wallet -SegWit Support -Cold Storage |
|
| CoinPayments | Mobile, Web |
80+ Coins 1000+ Tokens |
Passphrase Pin Fingerprint |
-PayByName feature -Fiat Gateway |
|
| Crypto Key Stack Hardware Wallet | Hardware | – |
1000+ Coins |
– |
-HD Wallet -Cold Storage -Fireproof, Waterproof, EMP Proof |
| Edge | Mobile |
20+ Coins 1000+ Tokens |
Passphrase Pin Fingerprint 2FA |
-Built-in Exchange -SegWit support -Node Selection |
|
| Evercoin Wallet | Mobile |
17 Coins 2 Tokens |
Passphrase Pin Fingerprint |
-Built-in Exchange |
|
| Guarda | Desktop, Mobile, Web |
40+ Coins 1000+ Tokens |
Passphrase Fingerprint |
-Built-in Exchange -Fiat Gateway -Built-in Asset Swap |
|
| KeepKey | Hardware |
7 Coins 45+ Tokens |
Passphrase Pin |
-HD Wallets -SegWit Support -ShapeShift Integration |
As you can see, there is more than enough BTG wallets to choose from each with different features and perks. It is a good idea to think about the way you will be using your wallet and how often. If you are a person that values security more than anything, look no further than Trezor’s products. On the other hand, if you are an active user that is constantly on the move, a mobile wallet would make more sense due to its ease of access. Hopefully, you will find just what you are looking for.
02. Common Features of Bitcoin Gold Wallets
Due to the fact that BTG is a fork of Bitcoin, there is nothing special that the wallets supporting it can offer. Of course, they do have the basic features like being hierarchical deterministic, open source, having passphrases, multi-coin support etc., but no real ground-breaking technology is to be seen.
Security and Privacy
Security and privacy are Two-Factors that will always be a part and a focus of blockchain technology. After all, the whole idea behind cryptocurrency is to have a decentralized financing system that doesn’t require any other third-party financial institutions to handle your money. What almost all wallets for Bitcoin Gold have in common are three features know as Open-source, Passphrases and Hierarchical Deterministic nature.
Hierarchical Deterministic (HD)
HD wallets can generate a 12-word master seed, from which private and public keys are generated Good examples are Trezor and Ledger wallets.
Passphrase
Passphrases are extra symbols or words that increase the security of your wallets.
Secure Bitcoin Gold Wallets To Consider
Transaction Fee Management
I would like to talk about managing your transaction fees for a bit. So why are there transaction fees, when the whole idea is to not have a middleman who takes extra? Well, they are there for incentive so that miners have something to stay online and running for. Without block producers, the network will not work. Since the network is a fork of Bitcoin, depending on the size of the fee will push you either up or down the priority ladder, affecting the speed of confirmation.
There are two options with Bitcoin Gold wallets when it comes to controlling and managing the fees. Wallets like Bitcoin Gold Core and Ledger Nano S give you full control of the fees and also show you the suggested fees. Other wallets, for example, the ones which require a web browsers(web wallets), usually have no fee control at all and the price is pre-determined.
| Fee Control | How Does It Work? | Supported By |
|---|---|---|
| Full Control | These types of wallets allow you to manually adjust your transaction fees. | Bitcoin Gold Core, Ledger Nano S, Trezor One |
| No Control | These wallets usually determine the transaction fees based on how busy the network is or straight up offer only a fixed fee. | Bitbox, FreeWallet |
03.FAQ
-
How was Bitcoin Gold initially distributed?
It is similar to the Bitcoin Cash fork and distribution. Everyone who had Bitcoin when block 491406 was mined automatically was given BTG coins at a ratio of 1 to 1.
-
How do I mine Bitcoin Gold?
Well, one of your options is solo mining using a full node client and the other option is mining in a pool with other miners.
04.About Bitcoin Gold
According to a lot of users in the BTC network, Bitcoin has become too centralized. After only a few months of the Bitcoin Cash fork, the blockchain experienced another community-driven hard fork. The Bitcoin Gold cryptocurrency was created, and its founders set out to change and remove the issues with the centralization of mining due to huge companies with a great number of resources taking over the raw hash power in the network.
The goal of BTG is to create an equal ground for mining for all users, remain decentralized and ASIC resistant. One of the methods they use is changing the mining algorithm around, so no ASIC miner can be created in time. This way instead of large companies controlling sizeable chunks of the mining power, you will have many singular miners that decentralize the network even further.