{"id":90843,"date":"2025-02-11T03:19:13","date_gmt":"2025-02-11T03:19:13","guid":{"rendered":"https:\/\/neclink.com\/index.php\/2025\/02\/11\/proton-wallet-now-available-to-everyone-is-a-great-starter-self-custodial-bitcoin-wallet\/"},"modified":"2025-02-11T03:19:13","modified_gmt":"2025-02-11T03:19:13","slug":"proton-wallet-now-available-to-everyone-is-a-great-starter-self-custodial-bitcoin-wallet","status":"publish","type":"post","link":"https:\/\/neclink.com\/index.php\/2025\/02\/11\/proton-wallet-now-available-to-everyone-is-a-great-starter-self-custodial-bitcoin-wallet\/","title":{"rendered":"Proton Wallet \u2014 Now Available To Everyone \u2014 Is A Great Starter Self-Custodial Bitcoin Wallet"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<figure>\n<p>                        <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjEyMjc3MDgzMDMwNjkzNTA0\/takes-banner.png\" height=\"91\" width=\"1200\"><\/p>\n<\/figure>\n<figure>\n<p>                        <img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjEyNjc1NDk4OTYxMDIwNDI1\/screenshot-2024-09-30-at-10205pm_1.png\" height=\"800\" width=\"805\"><figcaption>Follow Frank on <a href=\"https:\/\/x.com\/frankcorva\">X<\/a>.<\/figcaption><\/figure>\n<p>In July of last year, Swiss privacy tech company Proton (makers of Proton Mail) <a href=\"https:\/\/bitcoinmagazine.com\/business\/protonmail-maker-proton-is-launching-its-own-bitcoin-wallet\">announced<\/a> it would be launching its own bitcoin wallet \u2014 <a href=\"https:\/\/proton.me\/wallet\">Proton Wallet<\/a>.<\/p>\n<p>I (along with about 100,000 other users) was given early access to the wallet to test it out and was impressed with the wallet\u2019s user interface. I particularly liked that it allows you to link a user\u2019s email address to their bitcoin address so that you only need to input the email address when sending bitcoin.<\/p>\n<p>You can read my review of the wallet <a href=\"https:\/\/bitcoinmagazine.com\/reviews\/proton-wallet-review-a-bitcoin-software-wallet-that-simplifies-transactions\">here<\/a>.<\/p>\n<p>Now that the wallet is available to the general public, I will recommend it to anyone I know who\u2019s finally ready to move their bitcoin out of the hands of an exchange and into their own custody. I\u2019ll also recommend it to anyone looking to make semi-regular bitcoin payments on-chain with a relatively small amount of bitcoin.<\/p>\n<p>My reasons for recommending the wallet are as follows:<\/p>\n<ul>\n<li>It\u2019s free to use (users can create up to three wallets and have up to three accounts in each wallet, which is sufficient for most users \u2014 more on that <a href=\"https:\/\/proton.me\/support\/wallet-create-btc-account\">here<\/a>; to create more wallets or accounts, Proton charges a fee)<\/li>\n<li>It\u2019s easy to set up (you aren\u2019t required to write down the 12-word seed phrase when you set up the wallet; however, it\u2019s good practice to do so!)<\/li>\n<li>Like Proton Mail, Proton has no access to Proton Wallet user data, nor does it have access to its users\u2019 private bitcoin keys<\/li>\n<li>Using an email address (which doesn\u2019t have to be a Proton Mail address) to send bitcoin reduces the likelihood of inputting the wrong bitcoin address into the recipient field of a transaction<\/li>\n<li>You can select the priority speed of a transaction when sending bitcoin<\/li>\n<li>You can purchase bitcoin via <a href=\"https:\/\/ramp.network\/\">Ramp<\/a> or <a href=\"https:\/\/banxa.com\/\">Banxa<\/a> using Proton Wallet, enabling the bitcoin you purchase to be transferred directly into your custody<\/li>\n<\/ul>\n<p>The only downsides to the wallet is that it doesn\u2019t support Lightning transactions (consider the <a href=\"https:\/\/breez.technology\/sdk\/\">Breez SDK<\/a>, Proton team!), and it doesn\u2019t let you manage your\u00a0<a href=\"https:\/\/www.kraken.com\/learn\/what-is-bitcoin-unspent-transaction-output-utxo\">UTXOs<\/a> (loose change from bitcoin transactions, in layperson&#8217;s terms).<\/p>\n<p>The latter isn\u2019t super important, though, as, again, I\u2019d recommend this wallet to those new to bitcoin self custody. <a href=\"https:\/\/river.com\/learn\/bitcoins-utxo-model\/\">UTXO management<\/a> is more of a practice for moderate to advanced Bitcoin users.<\/p>\n<p>All in all, Proton has created yet another fine product here for its 100 million users and counting, and it\u2019s one that I\u2019ll be recommending to Bitcoin newbies moving forward.<\/p>\n<p><em>This article is a <\/em><a href=\"https:\/\/bitcoinmagazine.com\/takes\/bitcoin-magazine-introduces-opinion-takes\"><em>Take<\/em><\/a><em>. Opinions expressed are entirely the author&#8217;s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.<\/em><\/p>\n<p><br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/takes\/proton-wallet-self-custody-bitcoin-wallet-now-available-to-everyone\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Follow Frank on X. In July of last year, Swiss privacy tech company Proton (makers of Proton Mail) announced it would be launching its own<\/p>\n","protected":false},"author":1,"featured_media":90844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[151],"tags":[],"class_list":["post-90843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts\/90843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/comments?post=90843"}],"version-history":[{"count":0,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts\/90843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/media\/90844"}],"wp:attachment":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/media?parent=90843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/categories?post=90843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/tags?post=90843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}