Bitcoin Forum

Greetings!

I work at a small nonprofit in Berkeley, CA. We have happily used Coinbase to collect donations for a couple of years now. Suddenly, Coinbase closed our account, seemingly because we are a business and not an individual. I'm not 100% clear on why, but it seems to do with new legal regulations. Anyway, the point is that we need to choose a new Bitcoin wallet, and I need advice on which one to go with.

What I liked about Coinbase: 1) Their system let me easily generate a button so that I could add a Bitcoin payments button to our donations page, 2) Coinbase would convert anything in our account into dollars and do an automatic bank transfer at midnight every day, 3) there were handy reports so that I could keep track of transactions.

Our needs are simple, as you can see. If anybody has tips about a Bitcoin wallet that works like Coinbase, or is better buts still pretty easy to use, I would love to hear from you. The most important features are the ones I posted above.

Thanks!!!!!

Blockchain.info

If you want to automate it, you can easily utilize their API.
Like coinbase, there's an easy way to make a new address.
Maybe not as eye-catching, but the site has more info on hand, like charts and a block explorer.

You are describing a Bitcoin transaction processor, not a wallet.
The most popular one is BitPay.com. You might want to give them a try.

Bitty is probably your best solution... It does exactly the same thing as what you wanted above.

You'd probably be better off adopting Bitpay or Electrum (there's a way to integrate it on a website)

I advise not to replace coinbase with a single similar system. Get your own wallet with bitcoin core, publish the address on your website, and then use an exchange (possibly coinbase again), manually, to convert the BTC you'll get in fiat when you'll want it. I believe it will be the cheaper option.

You should have a personal wallet that you keep all your donations or funds in that are linked to your website. Preferably, you will receive all your funds in this wallet correlated to a specific address. Instead, you would have full possession and control over your bitcoins. Then you should convert your bitcoins into fiat using an exchange like Coinbase or Gemini as previously stated. I'm sure there is definitely an area where Coinbase would preferably rather deal with single individuals than businesses that are incorporated like yourself just to keep things simpler from a legal and financial aspect. This is probably why they closed your account.

1) use android bitcoin wallet.
2) generate new adress every week
3) generate QR-Code : http://www.qr-code-generator.com/

simple.

no neek 3rd party.

no need virtual wallet or enterprise.

it's Bitcoin ! http://imagizer.imageshack.us/a/img905/7586/ciIGYC.gif

I would go with Armory. It's the most secure on the market. Take a look!

The only benefit with Coinbase is that there is no fee for (almost) all transaction. However, they hold the private keys (for you) so that's the disadvantage and they can shut your account down anytime based on their "reasons".

i think you can use bitpay api, it's generating new address and convert your bitcoin to USD then bitpya send the usd to your account

learn more about bitpay api at here https://bitpay.com/docs/

Blockchain.info

I use Coinbase to buy but immediately transfer it over to Blockchain due to the flexibility they have.

Coinbase is strict when it comes to their t.o.s.  i.e. no gambling and such

Try to use mycelium on mobile abd blockchain they are both better when it comes services

Bitpay, Coinify, Bitpos and Coinbox were found during a quick Google search of "Accept bitcoin payments".

You should really have googled it up before asking a question here.

I use electrum and have no problems with it

I'm using multibit wallet, it works fine without any problem. show your wallet balance in $ too using current market price. give it a try

I heard about electrum. can you teach me how to open a wallet with it. thanks

Bitpay I think is the leading company in this field you're talking about(Converting BTC into fiat instantly). So why not try them out.

You are in an organization I believe you're not just the only who want to have access to these funds so BITPAY can be your best option so that those trusted members of the organization can access anywhere so long as they have the application installed. BITPAY is legit and has been used by businesses online.

True, I think your account with CoinBase was closed because you didn't apply probably as an organization. You can probably open a new CoinBase account provided that you address the details appropriately (as an organization) or go for more liberal alternatives mentioned above. Personally, I'd go for a BlockChain wallet.

Coins ph is best wallet

Coinbase is much better than blockchain.info. But seeing your situation, I think your best option is Blockchain.info. I don't know why Coinbase would close your account like that. Anyone have an idea why?

he need USD wallet not local currency, coins.ph is good market for local (thailand) not for international/global market

If you are looking to online wallet then check Xapo. I would see better to have client installed and use your wallet then. You can find number of options.

Seeing as to what you want/need and what you are used to at Coinbase, I would suggest Blockchain.info. Their system is eassy to use as well and you can generate new wallets easily.
With Blockchain you are able to get your private keys from them, unlike Coinbase.

yes. blockchian is one of the best wallets.. i am using it from the last few months.. every thing ok with it..

I'd give bitpay my nod of approval,  used it many times and can't fault it at all.

OP said that because of Coinbase's rules or regulations, they are using the wallets as a company and not as an individual. Which seems strange to me, I wonder why they have these rules against companies.

In your situation I would go with blockchain as well, like some of the people here said. Blockchain is very easy to use and you can get your way around on the site pretty fast and easy. You can generate a wallet with just a click of a button on there as well.

frankly I was shocked and could not understand why coinbase close your account, but I believe they have considered very wise about this, maybe you can try beberpa wallet which I think is pretty good, and safe, for example Bitgo or Airbitz.

I would recommend them too.
They have a good API, but above all a good security, 2FA, wallet backup (even automatically to dropbox).

+ they are the no.1 online wallet site, I don't see them running with our funds.

In my opinion is better to have a hardware wallet like ledgerwallet.
If you need a cloud wallet Bitgo.com is the best and they have insurance programme if you want.

Do not just try but use it.

look for 1. electrum wallet.   2. myTREZOR Wallet

its safe.

I've only heard of BitPay that offers this service and I haven't heard any complaints about their service. Your best bet is on them.

I use   blockchain.infoVery functional     and secure

im highly reccomend blockchain.info to you, even many people say its not safe enough, so far , i've got no problem, if you really worried about security just enable 2 factor authentication

Blockchain.info is probably the best and most widely adopted online wallet, it also has great mobile apps.

wagecan

You can get a deboit card with them. If you have a large amount of bitcoin i'd recommend getting a cold storage device.

You will not find any other suggestion than blockchain.info
They are really nice and are strong enough to stand against lots of hacking attempt. I am using them from start without lossing anything.

I recommend Copay

Use Electrum wallet. It beats coinbase in every terms. Electrum is more reliable and simple to use

i don't like online wallet, but if you really want to replace the only one that has insurance for your funds, then go for xapo, they seems trustworthy

and their cold storage look very secure in that bunker, they talk in their site

Very true. I personally made the switch from blockchain to coinbase. I am very happy with coinbase and I am going to continue using it.

Either Xapo or Bitpay... You need to verify your ID though.

i like coinbase most of all and i am using it very often, just email to support and ask what happened? i am sure they will explain the situation. but i think desktop wallet will be better then online

Yeah is better, but the problem is you need to secure it very well that people can't just hack it. What you can better do is have more than 2 wallets to be save so if something happens you the other bitcoins. That is why a lot of people are afraid to use bitcoin.

I would go for blockchain too. The main reason is their existence. One of the first online wallets around which prety neat features.

To top it they have both 2fa and other security items

Blockchain i switched to recently and I really like it. You dont have
to sync it and all that garbage and there is secondary security.

But thats for online wallet. If you have alot of coins you should have
an offline wallet

Go for BlockChain that is quite good online wallet.
But I don't know CoinBase is also fine to use. I actually use both for just to be safe.

Never used blockchain, it's not really safe is it?

I prefer to use Electrum! Excellent simple design, safe and you've got access to your private keys. That's the most important!

Xapo is also a good option because it automatically converts the bits into dollars and withdrawing very easy. You can also integrate it with the your website and this receive the donations.

No. Xapo is good as an online wallet but that's all.

That's an absolutely unsecured solution. Please don't do that.

And Bitgo is a very security wallet. In my opinion with the instant transfer option is the best solution for online wallet.

i get what you mean. its hard when Coinbase does that. It has happened to some of my friends for the same cause. Here i have a sight that may help you,. You can try it at least. well here it is. hope it helps.

http://www.hongkiat.com/blog/bitcoin-wallets/

thats a safe way to receive the donations i guess, but it doesnt solve the users bank transfer problem. he wants a bitcoin processor that can send the money to his bank.

i don't think there is any need to change of coinbase  .
according to me there are only two best bit coin wallet
1) blockchain.info
2) coinbase
both of them are useful and security enable wallet.
block chain.onfo wallet use the ip restriction if someone hack your password of wallet .
also the same like fiction of coinbase .
so if you want replace your coin base then you should use
blockchain.info
i found that blockchain.info is the most best wallet then the other wallet of internet of forex currency .
so you should try blochain wallet.

My suggestion is use xapo, and Okpay also accept payment in bitcoin.
I am using these two payment wallets for accepting bitcoin, especially xapo.
If you want to use Okpay, then fpr your info; It is effecient , to accept payment at there go to deposit funds at there and select bitcoin method as deposit, they will generate a bitcoin address for you so use that address for accepting payment, the only problem is that its exchange to USD rate are low than normal. But I trust it more than Xapo.

i use coinbase myself but if i would change it to something else it would be bitpay!

I think that the best to do indeed.
Its the securest way that is possible for it.

I also would suggest to go with Xapo...!
In my opinion Xapo is most trusted web Based BTC Wallet.. It has all features with some extra features too. It offers you bitcoin debit card and vault with deep cold storage.

you can use Blockchain.info is probably the best and show your wallet balance in USD.

i dont really understand why coinbase close your account,have you ask to them why your account closed?
i suggest you to use multibit,its seem like coinbase i think.

Wrong.No online wallet is the best.Infact blockchain.info is the worst of all online wallet as it has been down almost everytime they faced a ddos attacks.The attacks are so frequent ,that the site members have to put the website down for maintenance every month.I don't think showing wallet balance in USD is a big deal as you can always convert it online.Xapo is somewhat better but not quite as good as Electrum or Core.

Yeah online wallets are here... Well just as your wallet.
You don't put 500$ in your wallet no? It can be lost, stolen, damaged...

Online wallet is the same! Just the same!
You can put those 0.1btc you know you'll need quickly, but not those 2 btc you bought last month ;)

i think after coinbase ... blockchain.info is best option for bitcoin wallet .

Probably you have a right.
We are talking about online wallets so we must understand when maintenance comes..BTC e had also major ddos few weeks before and so far so good.

Blockchain is the best option but for me electrum is one of the good wallet online you can download portable version to easy access your wallet.
And its easy to use and you have already receiving address... But the problem of blockchain and electrum has a fee for every transaction than the other online wallet like coinbase or xapo... But blockchain and electrum it the best and secured.

if you want an online wallet you should use blockchain.info because different from coinbase you have control over your bitcoin address by having the private key and they can never block/close your account for no reason.

but also you might want to look into some of other (desktop) wallets. if you don't want to run a full node (core or armory) use an SPV wallet like Electrum or multibit.

I'm very happy with Mycellium, been using it for a few months now. For vault purposes I use a ledger wallet bought last year, it's very practical and secure.

quote author=ctlaltdefeat link=topic=1298645.msg13842041#msg13842041 date=1455138754]
quote author=Alex Adams link=topic=1298645.msg13320168#msg13320168 date=1450736159]
Greetings!

I work at a small nonprofit in Berkeley, CA. We have happily used Coinbase to collect donations for a couple of years now. Suddenly, Coinbase closed our account, seemingly because we are a business and not an individual. I'm not 100% clear on why, but it seems to do with new legal regulations. Anyway, the point is that we need to choose a new Bitcoin wallet, and I need advice on which one to go with.

What I liked about Coinbase: 1) Their system let me easily generate a button so that I could add a Bitcoin payments button to our donations page, 2) Coinbase would convert anything in our account into dollars and do an automatic bank transfer at midnight every day, 3) there were handy reports so that I could keep track of transactions.

Our needs are simple, as you can see. If anybody has tips about a Bitcoin wallet that works like Coinbase, or is better buts still pretty easy to use, I would love to hear from you. The most important features are the ones I posted above.

Thanks!!!!!
quote]
i dont really understand why coinbase close your account,have you ask to them why your account closed?
i suggest you to use multibit,its seem like coinbase i think.
[/quote]

I would recommend to be very careful with Multibit, been hearing a lot of bad stuff about it lately.

He had requested for the advice in 21 december 2015, and I think he must have transferred to another wallet till now.
I just want to know his response to check that where did he reached after leaving coinbase.
I personally would suggest to get into Xapo.

just keep use coinbase,or ask to coinbase contact to allow you keep use their wallet,i think you have good decision. and if you have try it and fail,you can try mycelium,multibit,and any other good wallet.

My suggestion to you is that; You remain on coinbase as in my case it is running much better , a large number of people are using it without any problem, only a few people are claiming for its problems to them.

Well you don't get a problem, fine.

But it's always when you don't get a problem that trust is built and can crash down you know :/

And I don't think enough time have passed to trust them, at least not with great amounts!

Yeah, it is a better way for storing bitcins in that way,
I am also planning to shift to android bitcoin wallet, there are a number of benefits of that, but currently I am on xapo and it is also much better.

Coinbase must have changed their terms and hence his account was closed. If he opens another account, it would get closed again. Blockchain or blocktrail would be safer to use for accepting donations IMO.

I use on my iPhone bread wallet. It's the best of every have I ever used  :)

I would prefer using Xapo as an online wallet than any other. Currently, I use both Coinbase and Xapo because they don't charge withdrawals and I can exchange to fiat easily. Both also indicates the value in Bitcoin and US dollars.