If you’re interested in buying or trading bitcoin, you may be curious about the best place to store Bitcoin long-term. In this comprehensive guide, we’ll explain everything you need to know about where to store Bitcoin. We’ll point you towards the safest exchanges with the best insurance options and the top hardware wallets to help keep your crypto secure.
Fortunately, securely storing Bitcoin is fairly straightforward these days.
Your three main options are:
Their annual Crime trends report assessed the risks of storing digital assets in exchange wallets on 20 exchanges and found that Coinbase offered the top security options. These included:
You can search on a reputable site like Bitcoin.org to find a software wallet that suits. There are multiple options depending on whether you want an app, or a program on Windows, Linux, macOS, or other operating system.
If you’re looking for the top hardware wallet to buy in 2026, we recommend the Ledger Nano S or X.
The Ledger Nano S is a simple and incredibly secure way to protect your crypto assets. It’s the most popular multi-currency hardware wallet on the market and our top pick for a reliable hardware wallet to store Bitcoin.
The Ledger Nano S locks your wallet’s private keys inside an isolated environment, protected by a PIN.
The Ledger’s operating system, BOLOS, is integrated into a secure chip, providing an extra layer of security. This makes it one of the top hardware wallets you can buy today.
It requires a 4-digit PIN code each time you plug it into a computer. If it gets lost or stolen, the device is wiped after three failed PIN attempts. (Don’t worry – you can always recover your crypto with your unique Recovery Seed)
The Nano S will keep your private keys safe and will never reveal them to Ledger or any third party.
The Ledger Nano S has an awesome compact design with an easy-to-use interface. It’s about the same size as a flash drive, yet its OLED screen is only slightly smaller than the screens on much bulkier hardware wallets.
Overall, the Ledger Nano S is an incredible hardware wallet and comes in at an attractive price point. We recommend ordering one only from the official website.
The best way to protect your phrase is with a Cryptosteel Capsule. This stainless steel capsule is shockproof and waterproof up to a 150000N pressure. It is also fireproof up to 1400C/2500F.
We’ve shown you the most secure exchange, the best insurance options and my pick for the top hardware wallet that you can buy, the Ledger Nano S.
Oh, and don’t forget to click here and buy our favorite hardware wallet, the Ledger Nano S!
Fortunately, securely storing Bitcoin is fairly straightforward these days.
Your three main options are:
- Store your Bitcoin in a secure exchange wallet
- Use a software wallet
- Buy a hardware wallet
1. Store your bitcoin in a secure exchange wallet
The easiest way to store bitcoin is to keep it in an online exchange wallet. This gives you instant access to your coins and lets you sell or trade them with ease. All you need is your username and password to access your crypto at any time.Which exchange offers the best security?
According to Group-IB, an international cybersecurity firm, and the Swiss insurance broker ASPIS SA (owners of CryptoIns), found that Coinbase, based in the U.S., offers the best overall security.
Their annual Crime trends report assessed the risks of storing digital assets in exchange wallets on 20 exchanges and found that Coinbase offered the top security options. These included:
- Secure cold storage for 98% of digital assets.
- Mandatory 2FA (Two-factor authentication) on all active accounts.
- Full insurance on all crypto deposits.
2. Use a software wallet
Exchange wallets are great for a convenient way to store Bitcoin but they aren’t the safest option. That’s because the exchange controls your wallet’s public key and has ultimate ownership of your wallet.This has a number of benefits, such as the fact that you only need your username and password to access your funds. You can’t be locked out, or lose your private key as the exchange will always be on hand to help you access your account.
However, as the saying goes, 'Not your keys, not your crypto', and that's why software wallets are a step up in terms of security. Software wallets offer complete control over your wallet's private key, putting you 100% in control of your bitcoin.
You can search on a reputable site like Bitcoin.org to find a software wallet that suits. There are multiple options depending on whether you want an app, or a program on Windows, Linux, macOS, or other operating system.
3. Buy a hardware wallet
Hardware wallets are physical devices that will keep your bitcoin safe. They offer the highest levels of protection as they never reveal your private keys, even if you use them over an unsafe internet connection.If you’re looking for the top hardware wallet to buy in 2026, we recommend the Ledger Nano S or X.
The Ledger Nano S is a simple and incredibly secure way to protect your crypto assets. It’s the most popular multi-currency hardware wallet on the market and our top pick for a reliable hardware wallet to store Bitcoin.
Top features of the Nano S
The top feature of the Nano S is that it’s built around a secure chip. This gives it optimal levels of security.The Ledger Nano S locks your wallet’s private keys inside an isolated environment, protected by a PIN.
The Ledger’s operating system, BOLOS, is integrated into a secure chip, providing an extra layer of security. This makes it one of the top hardware wallets you can buy today.
Things we love about the Ledger Nano S:
The Ledger Nano S is the only hardware wallet on the market to have its operating system (OS) integrated into a secure chip.It requires a 4-digit PIN code each time you plug it into a computer. If it gets lost or stolen, the device is wiped after three failed PIN attempts. (Don’t worry – you can always recover your crypto with your unique Recovery Seed)
The Nano S will keep your private keys safe and will never reveal them to Ledger or any third party.
The Ledger Nano S has an awesome compact design with an easy-to-use interface. It’s about the same size as a flash drive, yet its OLED screen is only slightly smaller than the screens on much bulkier hardware wallets.
Overall, the Ledger Nano S is an incredible hardware wallet and comes in at an attractive price point. We recommend ordering one only from the official website.
What if I lose my hardware wallet?
In the event that your wallet is lost, stolen, or damaged, you can access your bitcoin with the 24-word Recovery Phrase. This is a unique phrase that you must keep confidential. Think of it like a backup for your wallet.The best way to protect your phrase is with a Cryptosteel Capsule. This stainless steel capsule is shockproof and waterproof up to a 150000N pressure. It is also fireproof up to 1400C/2500F.
Where to store Bitcoin
If you’re wondering where to store Ripple XRP, hopefully this guide has given you a clear idea of your best options.We’ve shown you the most secure exchange, the best insurance options and my pick for the top hardware wallet that you can buy, the Ledger Nano S.
[ Click here to buy a Ledger Nano S! ]
If you have any questions or comments, feel free to sound off in the comments below and I’ll do my best to get back to you.Oh, and don’t forget to click here and buy our favorite hardware wallet, the Ledger Nano S!