It’s important to note that Ethereum wallets and Bitcoin work differently.

Ethereum wallets are more similar to a digital identity. You need your Ethereum wallet if you want to connect to a vast array of Ethereum-based DeFi or Gaming applications. How you connect to the application looks different from one provider to another but the most common ways are:

- Scanning a QR-code with your mobile wallet via Wallet Connect (e.g Argent)

- Using a browser extension like Metamask or Brave Wallet on desktop

- Traditional Log-In using username and password (e.g Authereum)

Bitcoin, on the other hand, doesn’t have any apps. As such Bitcoin wallets focus on storing sending and receiving users’ funds. However, there are other important considerations when choosing a Bitcoin wallet. Does your Bitcoin Wallet:

- Support SegWit addresses to reduce transaction fees

- Offer hardware wallet integration with Trezor, Ledger, etc…

- Offer easy private key export or seed backup using the BIP39 standard (usability + security)

- Support the HD standard to generate new addresses (privacy)

- Allow connection to your own full-node over Tor (security + privacy)

- Give control over UTXO sets to be used for a transaction (advanced)