Wasabi Wallet: Open Source Bitcoin Wallet
Wasabi is an open-source non-custodial bitcoin wallet for desktop. It has CoinJoin and Tor built-in features and hardware wallet compatibility to provide an extra layer of privacy, security, and anonymity. Wasabi wallet allows you to store, send, and receive bitcoin.
Description
Wasabi is an open-source non-custodial bitcoin wallet for desktop. It has CoinJoin, PayJoin, and Tor built-in features and hardware wallet compatibility to provide an extra layer of privacy, security, and anonymity. Wasabi wallet allows you to store, send, and receive bitcoin. The function of buying, selling, and trading sats via an in-built exchange is not provided.
How to Get Started with Wasabi Wallet
To get started, download and install the wallet from the official website. It is compatible with Windows 10+, macOS 10.15+ Intel, macOS 10.15+ M1, M2, Ubuntu, Debian, and Linux. Create a new wallet or recover an already used wallet in Wasabi. To back up a wallet, write down a mnemonic seed phrase of 12 words and keep them in a safe place. Then create a password that you will enter whenever you use your wallet. To recover your wallet on a different computer using Wasabi or another BIP 39-compliant wallet, you will need to enter the seed phrase along with your password.
Pros and Cons of Wasabi Wallet
Pros
- Hardware wallets compatibility. Wasabi wallet can be connected to hardware wallets via cable. They allow you to generate a public address to which you can receive bitcoin. The private keys for this address are securely stored inside the hardware wallet. This feature works correctly and reliably with almost any hardware wallet, including Trezor, Ledger, and Coldcard.
- CoinJoin process support. It is used to enhance the privacy of your transactions by breaking them up into smaller parts and mixing them with other transactions.
- Tor anonymity network. Tor network makes it difficult to trace and monitor your activity. It also encrypts your traffic, adding an extra layer of security. Wasabi wallet can use both locally installed and automatic Tor integration to mask your IP address. Thus, a much higher level of privacy is ensured.
Cons
- It has no mobile app. Wasabi wallet does not offer a mobile version. If you wish to manage your sats remotely with a mobile, you will not be able to do so.
- It has no online customer support. You can ask for help only on the forum and wait for the community’s response. You can count only on FAQ and documentation.
- It is a hot desktop wallet. Hot wallets are more vulnerable to hackers because they are connected to the internet. This makes them accessible to anyone who can access the wallet.
More information
Additional information
| Bitcoin Only | |
|---|---|
| Mobile App | No |
| Desktop Version | Yes |
| Operating System (OS) | |
| Hardware Wallet Integration | |
| Lightning Network | |
| CoinJoin | |
| PayJoin | |
| Multisig | |
| 2FA | |
| SegWit | |
| Source Code | |
| Tor Support | Yes |
| Year Launched | 2018 |
Samuel Marcelino –
I frequently use the wallet and find it to be quite impressive. Its security features are top-notch, and the fact that it’s connected to TOR only enhances its privacy. The user interface is relatively easy to use and not too complicated. It also provides options for choosing the speed and security level of transactions, which is a great feature. The only downside I have experienced is the time it takes to log in, which can be up to five minutes. However, overall, I think it’s an excellent wallet.