As the Lightning Network adoption is increasing, it is important that you have a lightning network supported Bitcoin wallet. This way you would not be restricted by the high network fees of the Bitcoin network, and use services like Bitrefill, Paywithmoon to name a few.

Here are some of the best Bitcoin lightning network wallets:

• Breez wallet (iOS and Android)
• Muun wallet (iOS and Android) � Recommended
• Blue Wallet (iOS and Android)

The Best Ways To Store Bitcoin � Crypto Wallets

It�s important to store Bitcoin away from an exchange. If you don�t do this, you risk losing all of your coins in an instant.

Luckily, you have many online and offline wallet options available to you.

Understand what are Bitcoin Wallets with an example:

You have your email address based on which service you are using like emailaddress@service.com.

This is a public address (i.e. everyone can see it, and you can share it with anyone for receiving emails). And you have a software/service like Gmail or Hotmail through which you send and receive your mail.

And you have a password to log in to your email service to send mail on others� email IDs (others� public addresses). But your password is confidential and private for your own use and theirs is confidential and for their own use.

And the software/service understands both the public address (emailaddress@service.com) and your password (private address) to successfully log you in and send/receive/store emails.

Similarly, for sending/receiving/storing bitcoins, we require a wallet on the Bitcoin network, which is nothing but a place that stores our public address (a place to receive bitcoins) and a private address (to send/spend bitcoins).

So in short, the place where you have both your bitcoin address to receive bitcoins and the private key to send/spend bitcoins is called a Bitcoin wallet. In an even more simplified way, a wallet is a digital file that stores your bitcoins.

• Bitcoin Address + Private Key = Bitcoin Wallet

Different Types of Bitcoin Wallets:

There are a lot of Bitcoin wallets available out there in the Bitcoin world. To make it easier for you to understand, I have classified them based on certain criteria such as online connectivity, custodianship, and device availability.