Wallet software

Always visible.
Safely secured.

Show balances, generate receive addresses, construct transactions and broadcast them. Pair it with a hardware signer so the keys remain offline.

Feature matrix

Compare privacy and hardware workflow

Use the checks as a map, not a score. A feature is valuable only when it fits how you actually plan to hold, sign, and back up.

Available Optional or model-dependent Not part of the standard workflow
Feature Sparrow Nunchuk Cove Electrum BlueWallet Wasabi Specter
Openness and platforms
Publicly reviewable source Apache 2.0 Public repo BDK-based, open MIT Open source Open source Open source
Desktop app Mac, Windows, Linux
Mobile app iOS and Android iOS and Android Android only, no iOS iOS and Android
Privacy and network
Personal/private node support Bitcoin Core or Electrum server Platform-dependent Own Electrum or Esplora node Run your own Electrum server EPS, ElectrumX, or Electrs Bitcoin Core
Tor support Built in Desktop and Android only, not iOS Proxy flag, not a one-tap toggle All traffic routed through Tor
CoinJoin / advanced privacy WabiSabi client; needs a coordinator you configure, none first-party since 2024
Wallet management
Watch-only mode Not fully detailed From xpub or descriptor Not fully detailed
Coin control / UTXO management Advanced coin control Coins tab, with per-UTXO freezing Advanced
Labels (BIP-329)
Hardware and advanced signing
Hardware wallet / PSBT support Plugin-based Via HWI Widest range of any wallet here
Air-gapped QR/SD signing UR standard QR or SD BBQr USB-oriented QR and SD, multiple devices
Multisig support Multi-user Core focus
Lightning support Dedicated Lightning wallet

Every row was cross-checked against each project's own current documentation on August 7, 2026. No wallet is ranked or highlighted—the marks describe design choices, not scores. A dash usually means a different design trade-off, not a flaw.

In detail

Seven wallets, up close

Where each one is strong, and what to weigh before relying on it.

Sparrow Wallet

Sparrow is a desktop Bitcoin wallet for users who want visibility into transactions and UTXOs. It supports single-signature and multisig policies, common script types, output descriptors, PSBTs, hardware wallets, QR signing, coin control, labeling, Tor, Bitcoin Core, and private Electrum servers.

Strong fit

  • Hardware-wallet setup and transaction review.
  • Coin selection, fee control, labeling, and privacy education.
  • Air-gapped and multisig PSBT workflows.

Consider

  • A public server can learn wallet activity. Move toward your own node or private server when privacy matters.
  • The interface exposes more detail than a beginner mobile wallet.

Nunchuk

Nunchuk focuses on single-signature and multisig wallets, shared access, air-gapped signing, broad hardware support, and optional assisted services such as recovery and inheritance planning. It supports products including COLDCARD, TAPSIGNER, Jade, SeedSigner, Trezor, Ledger, BitBox, Passport, and Keystone.

Strong fit

  • Families, partners, and businesses that need multi-user multisig.
  • People building a deliberate inheritance or assisted-recovery plan.
  • NFC TAPSIGNER and multiple hardware-key setups.

Consider

  • Understand which features are self-serve and which depend on a paid service or platform key.
  • Back up the complete wallet configuration as well as every private key.

Cove Wallet

Cove is a Bitcoin-only mobile wallet designed for both straightforward on-chain use and more advanced workflows. It supports UTXO management, BIP329 labels, hardware-wallet PSBTs, and signing or wallet imports over QR and NFC.

Strong fit

  • Bitcoin-only mobile self custody.
  • Managing and labeling individual UTXOs.
  • Using supported hardware wallets through PSBT, QR, or NFC workflows.

Consider

  • A phone remains a general-purpose, internet-connected device; use dedicated hardware for long-term savings keys when appropriate.
  • Test hardware-wallet and backup workflows with a small amount before relying on them.

Electrum

Electrum is a mature Bitcoin wallet whose private keys stay encrypted on the local device. It uses decentralized Electrum servers, verifies transaction history with SPV, supports watch-only cold storage, multisig, and hardware-wallet plugins, and can export keys without platform lock-in.

Strong fit

  • Users who value a mature, lightweight Bitcoin-only desktop wallet.
  • Watch-only and offline-signing arrangements.
  • Custom server and hardware integrations.

Consider

  • Electrum is frequently impersonated by phishing sites. Use only electrum.org and verify downloads.
  • Server selection affects privacy and the trust placed in transaction information.

BlueWallet

BlueWallet is a mobile Bitcoin wallet with watch-only wallets, multisig vaults, coin control, fee tools, batch transactions, hardware-wallet PSBT support, and connections to personal Electrum infrastructure. It is useful both as a spending wallet and as a watch-only interface for cold storage.

Strong fit

  • Learning on mobile with small amounts.
  • Monitoring hardware wallets without importing private keys.
  • Creating or moving PSBTs for supported air-gapped devices.

Consider

  • A phone is a general-purpose internet-connected device; keep long-term savings keys on dedicated hardware.
  • Lightning use requires a compatible node or service configuration—understand who controls the keys and channels.

Wasabi Wallet

Wasabi is a privacy-focused desktop wallet built around the WabiSabi CoinJoin protocol, with Silent Payments support and mandatory Tor routing for every connection. It pairs advanced coin control and a full labeling system with hardware-wallet support through HWI, covering Trezor, COLDCARD, Ledger, Blockstream Jade, and BitBox02.

Strong fit

  • People who want CoinJoin and Tor-by-default as part of normal use, not an add-on.
  • Detailed coin control and labeling to avoid mixing tainted history.
  • Pairing a hardware signer with a privacy-first coordinator.

Consider

  • No multisig or air-gapped QR signing—it's a hot-wallet coordinator, not an air-gap tool.
  • CoinJoin has real fees and timing trade-offs; read the docs before mixing meaningful amounts.

Specter

Specter Desktop is a multisig coordinator built specifically for air-gapped signing, connecting to your own Bitcoin Core node and pairing with one of the widest hardware-wallet lineups of any wallet on this page—SeedSigner, Specter DIY, Blockstream Jade, COLDCARD, BitBox02, Passport, Keystone, Trezor, Ledger, KeepKey, and more, several of them fully air-gapped via QR or SD card.

Strong fit

  • Multisig setups spanning several different hardware-wallet brands.
  • Air-gapped signing as the default workflow, not an exception.
  • Running against your own Bitcoin Core node over Tor.

Consider

  • Desktop only—no mobile app, and no Lightning support.
  • Built for coordinating hardware signers, not as a general-purpose spending wallet.

Product details checked against Sparrow, BlueWallet, Electrum, Nunchuk, Cove, Wasabi, Specter. Features, availability, and pricing can change. Links checked August 6, 2026.