Best Anonymous Bitcoin Wallets for 2018

Are you a frequent Bitcoin user? Do you prefer to keep all your crypto related activities private? If yes, then an anonymous bitcoin wallet is definitely your thing!

An anonymous bitcoin wallet helps you separate your personal information from your funds, thereby preventing anyone from tracking you down to seize the coins. In addition to that, this also reduces the vulnerability of these wallets to potential hacks.

Unfortunately, not many wallets offer this functionality, especially the mobile wallets. But you can definitely accomplish complete anonymity through an anonymous bitcoin wallet.

I’m going to talk about six well-known and best anonymous cryptocurrency wallets, and their methods of establishing anonymity to users. And if you are wondering about Anonymous cryptocurrencies, then make sure to read the linked article.

Top Anonymous Bitcoin Wallets

1. Samourai wallet

samourai wallet

Launched in 2015, Samourai wallet aims to add a level of privacy by keeping the transactions private. Only the alpha version is available for Android and is still in development stage. It is an open source wallet which mainly focuses on privacy and security and does not support hardware wallet.

How does it ensure privacy and security?

  • Supported by Tor and VPN, Samourai allows you to send all your transactions via an anonymous IP address.
  • Important data about your transactions are never revealed.
  • The coolest feature about this wallet is its stealth mode. This mode hides the app so that it is not accessible easily. To activate the wallet, the pin code must be dialed similar to how you dial a phone number.
  • Samourai also has a provision to use Payment codes. Knowing this code, anyone can send bitcoins with having to provide your address, thereby establishing privacy.
  • The military grade encryption used ensures the highest level of security. This type of encryption takes place on your phone through AES-256 (Advanced Encryption Standards)
  • All private keys are stored in an encrypted format, which is generated and stored in the phone. They are never transmitted or stored on the company’s servers.
  • It requires a pin of 5 to 8 digits in order to make a transaction. This is done to defeat any screen-logging malware.
  • Samourai also has a function to test your backups as a part of backup management.

Additional features:

  • Although it doesn’t support multisig, it allows you to maintain multiple accounts, which can prove useful to maintain business and personal transactions separate.
  • It paves way for lightning network integration, which is an extremely desirable feature in mobile wallets.
  • Various Bitcoin exchange rates are accessible within the wallet to help with monetary calculations.
  • Another cool feature of this wallet is its remote commands. When you send a remote command to your phone, it will either self-destruct or send the seed phrase back to your phone.

Get Samourai Wallet

2. Jaxx Wallet

jaxx wallet logo

Created in 2014 by DecentralInc – a blockchain company located in Tornado, Jaxx wallet is one of the very few anonymous wallets which support several different cryptocurrencies which includes Bitcoin, Ethereum, Dash, Litecoin, Zcash, and Civic.

It was founded by Anthony Di Lorio, a co-founder of Ethereum. Unlike Samourai, Jaxx is not open source. We have already written a detailed review of Jaxx wallet which you should definitely have a look at.

How does it ensure privacy and security?

  • The wallet files are stored strictly client-side due to the absence of central point of failure in Jaxx. It doesn’t sore any personal information, wallet data or funds in a centralized server.
  • You will be able to restore all the wallet asses, provided if you have a written copy of your wallet’s 12-word backup phrase.
  • There is a security pin option that protects all functions that can be used to remove funds or keys.
  • Jaxx wallet makes your transactions private by generating a new address each time funds are sent to your current address.

Additional features:

  • It has a simple interface which makes it easy to use.
  • Jaxx is supported by various platforms like Android, Ios, Windows, Mac, and Linux.

Get Jaxx Wallet

3. Electrum wallet

electrum wallet logo

Created in 2011 by Thomas Voegtlin, a German computer science expert, Electrum wallet proves to be one of the oldest wallets in the crypto market.

Electrum wallet is a desktop wallet that supports the only bitcoin which was aimed at being light-weight and efficient.  It is compatible with various operating systems.

How does it ensure privacy and security?

  • Your private keys are in encrypted mode and never leave your local computer. The server does not store user accounts.
  • As a part of the backup management system, seed generation is enabled so as to restore the assets
  • Two-factor security authentical to protect privacy.

Additional features:

  • You can send bitcoins to your cold storage devices as Electrum can be used with Trezor or ledger.
  • Its integration feature will enable you to use along with other hardware wallets such as keepkey, ledger, and trezor.
  • Electrum wallet is fast and efficacious as it supports the only bitcoin.
  • Multi-signature wallet.

Get Electrum Wallet

4. Bitlox:

bitlox wallet

Bitlox is a bitcoin hardware wallet created by Dana Coe, is designed to ensure users anonymity.  This is capable of holding over 100 cryptocurrencies and has the ability to generate a million addresses for each crypto wallet. Unlike other wallets, it’s much expensive but is definitely worth a shot for its security features.

How does it ensure privacy and security?

  • Re-using of address is impossible as its capable of generating millions of address.
  • You can enter an emergency pin number to clear all the data from your wallet.
  • The Extreme Privacy Set is a cool feature offered by BitLox. This feature includes a military-grade USB vault with the OS pre-installed. With this, you can anonymously receive and send assets over the network using their web tool.
  • Bitlox uses a hidden wallet with data that cannot be distinguished from random bytes. This is done in order to provide an additional layer of privacy.

Additional features:

  • Supports multiple languages.
  • User-friendly.
  • Fully BIP32 & BIP39 compliant
  • Calculates the fees internally and displays them.

Get Bitlox Wallet

5. Dark wallet

dark wallet

A dark wallet was created in 2013 to make bitcoin transactions as private as possible. It’s in its first public beta, according to their website. It is available only as a chrome based browser extension.

How does it ensure privacy and security?

  • To keep the transactions as anonymous as possible, it provides features such as the combination of stealth payments and coinjoin compression.
  • Similar to other wallets, Darkwallet generates a new public address for every transaction.

Although it provides features like multisig and escrow support, the speed is slower than the normal transactions on the bitcoin network. Also, they have not made any recent commits to their repository in GitHub which means they are not making any further developments.

Get Dark Wallet

6. mSIGNA

msigna wallet

mSIGNA is a wallet for cryptocurrencies that are based on Blockchains such as the Bitcoin and Litecoin. It is designed to open-source and free. mSIGNA claims to be one of the most powerful secure storage solutions and it has the reputation of being one of the secured wallets.

How does it ensure privacy and security?

  • It facilitates doing escrow.
  • Enables multifactor authentication.
  • A keychain is a collection of public/ private keys generated from a master seed using BIP-32.Every keychain is given a name and has a hash that can be uniquely determined by the master seed. It can also be exported and imported from mSIGNA.
  • Provides the facility of synchronization across various devices, which enables the users to create joint accounts with other fellow users in the organization.

Additional features:

  • It is supported by various platforms which include windows, mac, and Linux.
  • User-friendly with a simple interface.
  • It is faster and efficient.
  • Offline key generation in a decentralized manner.
  • Offline signing.
  • Fully supports BIP-32

Get mSigna

Wrapping Up with Anonymous Bitcoin/Cryptocurrency Wallets

To sum it up, the world is progressing towards a cashless era and the cryptocurrency takes a lead role. If you are a person who values privacy while using cryptocurrency, the above listed anonymous wallets would prove to be very useful in choosing the best one according to your convenience.

I hope you liked this post and if you did then don’t forget to share it with your crypto enthusiasts friends.

We will get back with more articles soon, till then have a look at these articles:

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