Which Bitcoin SV Wallet should I use?

Once you decide you would like to buy / invest into Bitcoin SV, you will need a wallet to store your Bitcoins. There are quite a few options that depending on what you intend on doing with your coins once you have them. No 2 wallets are the same and this is down to each app developer as to which wallet system they use, some apps allow you to connect to multiple wallets such as Twetch. In this post i will go through a selection of them and go over the benefits of each wallet.

Handcash

Handcash is available on IOS and as a web wallet, it is a keyless wallet which means you can recover your funds with a phone number not 12 seed words. The UI is simple and slick, that not only contains your Bitcoin SV wallet for sending, receiving and even reacting with emojis to payments.  It also a way to explore the world of micropayment Bitcoin SV apps directly from within your Handcash app. Upon sign up you create a $Handle which is used publicly like an email address instead of complex addresses to receive funds.

These apps cover a range of services from Social media, Gaming, Stock Trading, Advertising, Tipping, Gambling, Reviews, Gift Cards, Reputation and Reviews. There is a great selection of applications such as Twetch, Haste, Relica, TDXP, Peergame, Pay Pow, Tonic Pow, Britevue and much more. Each of these applications uses micropayments on Bitcoin SV to verify ownership, store data and interact on chain but with user interfaces that are extremely simple to use just like regular apps but with the added financial incentive.

Handcash have recently added Duro mode when enabled this sets your Handcash to a new denomination of Bitcoin. (1 Duro = 500 satoshis) This innovative change makes using games such as Haste much easier to use as the lowest stake game would be 1 Duro. This makes tracking your spending much easier when spending very small payments in apps.

I would recommend Handcash to all users no matter their technical ability, who are looking for a place to store small amounts of Bitcoin SV to use on apps and payments on a daily basis. Handcash are NOT currently looking at supporting any tokens protocols.

RelayX

RelayX is also available as an IOS app through Test Flight and a web wallet. RelayX is not keyless so you MUST backup your 12 seed words upon creating your wallet. The RelayX wallet is capable of holding Bitcoin SV and tokens (Jigs) made using the Run protocol. Upon signing up you are prompted with creating a paymail address @relayx.io  which is used publicly to receive funds into your wallet. It also has a QR scanner for sweeping Zatoshi’s BSV giveaways.

Like Handcash,  RelayX also contains a way to explore Bitcoin Sv apps within the wallet.  Inside RelayX you have RelayX Exchange, Twetch, Streamanity. Tonic Pow, Dimley, RelayX Card, TDXP, Bitcoin Files, Baemail and Bitpic.

The RelayX Exchange is an innovative new concept that enables peer to peer trades of Run tokens between users. Users can list their digital assets for sale on to the exchange and ownership is transferred instantly upon payment by the buyer.

RelayX also have the limited edition NFT and physical debit card that after KYC you can top up to spend your Bitcoin SV at any retailers!

I would recommend RelayX wallet to any level of user, the RelayX wallet is an all in one solution for users that are looking to store their Bitcoin SV, create and trade tokens, Cash out via a debit card and transact with blockchain applications built using Bitcoin SV.

Moneybutton

Moneybutton is currently only available as a web wallet, It uses SPF protocol for the tokens that can be held and transferred between users with the wallet. Moneybutton also uses paymail but these are sold for $1 each or you will be given a randomly generated number as a paymail to your wallet. There are no integrated apps with Moneybutton at this time.

Moneybutton have an on ramp for their users with Coinify integrated to their platform so users can purchase Bitcoin SV directly from their wallet. Your BSV purchase usually arrives in your Moneybutton wallet within a short period of time.

I would recommend Moneybutton to users looking for a wallet that will enable fast purchases of Bitcoin SV that could then be moved on to other wallets to use on applications.

ElectrumSV

ElectrumSV is a desktop wallet app that is available for all systems Windows, Mac and Linux, Their website claims no other wallet gives you control of your bitcoin, like ElectrumSV does. The keys that provide control of your bitcoin are encrypted and password protected. Please ensure you BACKUP your 12 seed words upon creation of your wallet for recovery. This gives you the ability obtain and pay invoices from a range of compatible services including Anypay and Centi. Electrum also enables you to place bitcoin under the control of multiple people, where a number of those people are required to sign off together on any spending. ElectrumSV is one of the few wallets that supports multi-signature payments.

I would recommend this to more experienced users that are looking for a secure storage solution on their desktop devices. This UI is similar to the old QT wallets and offers some interesting features such as Multi Sig.

Twetch Wallet

The Twetch wallet is only available on the Twetch platform, once you create your wallet make sure you BACKUP your 12 words for recovery. This wallet gives the best user experience when using Twetch with One Click Payments turned on. Using Twetch wallet in this way is seamless and insanely fast. The Twetch wallet is also where you can store your Twonks protocol 3D NFTs, these can be purchased through the Twetch Market or users may be even gifted an airdrop into their Twetch wallet if certain conditions are met.

I would recommend using the Twetch wallet to anyone who is using Twetch regularly, its fast, seamless to use and is fully integrated to send receive and even store interactive 3D NFTs.

Simply Cash

The Simply Cash app is available on IOS and Android, this is a great little app for sending and receiving bitcoin. It also has a QR scanner for sweeping Zatoshi’s BSV giveaways.

Summary

Depending on what your intentions are with your Bitcoin SV, you may all find a use for each of these wallet services depending on the required features you wish to utilise. If your into gaming you may find Handcash would be a good fit with games like Haste, or you may be interested in investing into tokens in which case RelayX with its exchange would be best suited your requirements. Both of these apps(Haste and RelayX Exchange) are only available to use on one wallet so there may be a requirement to have multiple wallets to use all of the applications on Bitcoin SV.