Can I use a desktop wallet to store bitcoin?

If you want to use a desktop wallet but need to store large amounts of Bitcoin, its best to utilize a hardware wallet to sign transactions for the desktop wallet (as mentioned above). KeepKey, TREZOR, and Ledger Nano X all work with Electrum. TREZOR One and Model T and the Ledger Nano S and X all work with Copay.

What is a bitcoin wallet?

What Is a Bitcoin Wallet? A Bitcoin wallet is a place that stores your digital Bitcoin and validates your transactions when you’re using your Bitcoin. A wallet keeps secret information, called a private key or a seed, used to validate transactions and “sign” them so your Bitcoin can be used to make purchases or exchange for another asset.

What is a desktop wallet?

Desktop Wallets are software downloads that run on your desktop or laptop computer. They are non-custodial since they store the private keys on your device but that does not mean that they are immune to being hacked.

What is Sparrow bitcoin wallet?

Sparrow is a desktop-only bitcoin wallet available on all major operating systems (Mac, Windows, and Linux). Sparrow is an excellent alternative to Electrum which has been the dominant bitcoin desktop wallet of the bitcoin community for years.