Bitcoin Forum

Been lurking on here for awhile now, figured I'd make a post.

Looking for the most stable and secure wallet.
I was using my bitfloor account to hold everything, but they just went down for good apparently. Got my money out so that was nice.

Thanks for the help guys.

I've been using MultiBit recently, which looks nice enough. Has built in charts, good transaction history, and can even show current value from sites like BTC-E and Bitstamp, then show you how much your wallet is worth in the currency of your choice.

i started wth blockchain.info/wallet and coinbase.com

Coinbase is good its clean and User friendly.

Thanks, I'll check it out.

Coinbase is pretty good. Forgot I had an account there. Went from coinbase to bitfloor and didn't look back. Now bitfloor is gone :(
Any other exchange platform that accepts bank of america cash deposits?

Only put money on online wallets that you are willing to lose.

Store your savings offline with something like the Armory wallet or generating your own public/private key with VanityGen or at the very least use the standard client and encrypt your wallet.

For spending money you can use online wallets like blockchain.info or any of the other established exchanges. I keep a few BTC on MtGox for spending money.

Blockchain.info has been the most reliable for me, and has the largest user base. They have been down for at least an hour as of right now though, so I'm not thrilled about that.

If you are serious about protecting your Bitcoins, and don't want to have to trust anyone, install Bitcoin-QT (get download link from Bitcoin.org), wait for the blockchain to download (at least overnight), and then set up armory and use that for your wallet (bitcoinarmory.com).

Store your coins on a cold wallet, or paper wallet, until you want to use them. Make sure you back up your wallet and keep it in a very safe place.

https://bitcoinarmory.com/using-offline-wallets-in-armory/

Sweet! Thanks for all the info guys!

I also enjoy using Coinbase as well -- it's actually where I bought my first coins and store them (2-step authentication is awesome!) The only quarrel I have with them is their 10 btc/daily limit (Mt.Gox/BTC-e/other exchanges are better for buying large amounts of cryptos) - I've missed many opportunities to purchase at $50-$70 because of this. It's ok though, I'm still happy with their service and I'm still buying 10 btc/day* with them.

*Once I hit 30 days after my first purchase of 10 btc, it gets upgraded to 50 btc/day... I can't wait!!!

blockchain.info and coinbase

Offline paper wallet or your own PC client is good, if you want to deal with all the backup stuff. If you are rich do that, otherwise above two are good enough.

For online wallets, I like using blockchain, they allow double encryption, so you have 1 password to login to your account and a 2nd password to send out coins (which may help if you ever have your 1st password intercepted).

The sad part is, since bitfloors gone down, according to blockchains twitter, blockchain has been getting hit HARD with DDOS attacks so their servers are currently denying service.

I would recommend an offline wallet like this one for Android: https://play.google.com/store/apps/details?id=de.schildbach.wallet (Make sure you backup the private keys after big transfers!)

It feels more secure then all online wallets. There is always a change on downtime/hacking or something else that can cause you to loos your money.

I have been using Armory. Pretty easy to use and full of features.

https://bitcoinarmory.com/

Here is an article I read that helped me choose a wallet:

http://bitcoinmagazine.com/bitcoin-wallet-options/

cool, very helpfull, thank you for sharing the article

I use the official bitcoin client, as well as Coinbase. Also: if you're using Coinbase, you can use this terminal application to manager your account (buy, sell, transfter bitcoin): http://rdegges.github.io/btc/

Electrum (electrum.org) is very easy to use and works great on my antiquated machine. I have multiple wallets with non-zero balances that I've deleted but can restore anytime using the 12-word seed, which I have encrypted and stored in multiple locations.

See: https://en.bitcoin.it/wiki/Electrum

Despite being a long-time lurker on this forum, I've never read anything suggesting that it is, or is not, a safe enough solution for large balances.

One more for Blockchain.info!

Is there any reason not to use the basic Bitcoin QT wallet? Has worked for me so far. I don't like the idea of web based wallets, too easy to lose everything if the site gets hacked or goes down.  :)

If you use a reasonably complex password, your private keys are safely encrypted in blockchain.info's database so your coins are safe from hackers, and blockchain.info allows you to receive backups of your wallet so you can access your bitcoins if the site goes down.

Bitaddress.org => make a paper wallet while you are offline (preferably a clean boot from a linux system)

second best may be blockchain.info's my wallet with a yubikey

Yeah, I like how blockchain offers so many features for your bitcoins.

Definitely +1 for blockchain.info.

I feel that blockchain.info is most popular but coinbase is prob better. I think we can still do better and am considering developing a new wallet. Do you guys think there is room/need in the market for this?

No.
No, no, no, no.
No.

https://blockchain.info/wallet is a bitcoin wallet.
You maintain control of your private keys, and the provider (blockchain.info) does not have the ability to spend or steal your bitcoins.  If they are hacked, they don't store anything that would provide a hacker with the ability to spend/steal your bitcoins.  Assuming you are wise enough to store a backup of your blockchain.info wallet file, you can still gain access to your own bitcoins even if blockchain.info shuts down and disappears for some reason.  It is software that allows you to receive, secure, and send bitcoins.

coinbase is an online account.
Any bitcoins you store with coinbase are no longer yours.  You have given them to an unregulated and uninsured complete stranger and trusted their promise that they will give them back to you (or forward them on somewhere else) any time you ask them to do so.  You have no access to the private keys at all.  Since coinbase has the private keys, if coinbase is hacked the hacker could steal bitcoins. Since coinbase doesn't allow you access to the private keys, there isn't any way to back up your wallet.  Therefore, if coinbase were to shut down and/or disappear for some reason, it would be impossible for you to ever gain access to your bitcoins again.  It is not a bitcoin wallet, it's an uninsured, unregulated company that offer a savings account that pays you 0% interest.


Sure, there's definitely room in the market for better open source wallets.  Don't waste your time on a closed source project unless you're just doing it for personal use though.  Hardly anyone is going to trust software with their bitcoins unless the source code can be independently reviewed and compiled.

 Thank you for the great answer
I agree open source is the way to go. I rely on blockchain.info rather than an exchange, like coinbase, to take care of my easy access storage needs. But it would take coinbase like 5 minutes to implement the system that blockchain has going. I dont know why they havent yet gone that route.

There's no such thing as "the best wallet", everyone has their own opinion. I personally use Electrum, because I don't have to spend a long time syncing with the network.

Multibit has a similar feature too.

I've been using Blockchain for a start and daily transactions. However, for large amounts I think some offline wallet is more secure, like Armory.

just use android wallet, safe and secure with good features.

I would definitely start with Coinbase.  The one downside is that they used to require a full 1 BTC purchase for the first transaction.  This might no longer be the case now that BTC has flirted with $1000 (it wasn't a problem for me when BTC was only ~$100).

@Phoen1x That's the idea about Coinbase furthermore BTC wallet is made in America ;D

Combination of Blockchain.info as hot wallet and paper wallets for cold storage works best for me. I keeping in Blockchain.info only very small amounts

I just started using Bitcoins and found Blockchain.info's wallet easy to use. You can always check out Bitcoin Armory. Here's a great talk on Bitcoin wallet by people at Bitcoin Armory https://www.youtube.com/watch?v=fdmyIvSTXEw.

Just keep away from Armory please and you will be fine. I got data corrupted and i couldn't run it ever again, did fresh copy , did it on other PC, imported PVtKeys and my balance was 0, that night i lost a lot of nerves for nothing, than i got my BTC back by importing PVtKeys at blockchain, than i decided for other wallet since i don't like hot wallets.

Using exchanges and gambling sites to store your bitcoin is the worst idea IMO, as you have no control of the private keys.
If you want an easy-to-use wallet, use SPVs such as Electrum.
If you want to have maximum safety, use offline wallets.

I use multibit primarily
Blockchain for small amounts as it is an online wallet
Quite happy with how it has worked out so far

I didn't use Armory, but from what I heard, you need to have quite a lot of RAM to get it running smoothly...

if you have so many BTC, you should run bitcoin-qt for maximum security for your BTC
if you don't want wait all long day just for sync your bitcoin transaction, just use electrum or multibit for light desktop wallet
and if you want simplest way to store your BTC (especially few BTC), you can try online wallet like blockchain.info

blockchain.info is secure wallet so far :)
very simple to create it

blockchain info

I started with blockchain.info and it's very good, security is also good but now I'm using a wallet at CEX.IO.

The most secure wallet should be offline wallets and paper wallets.
When created and maintained correctly, you don't need to worry about  hacking, malware, server downtime, etc.

I use Blockchain.info for the coins that I want to have access to everwhere. On my mobile phone the Bitcoin Wallet (works great with QR-codes!) from the Android Play Store. The rest you store on a safe computer with the QT client (make sure to backup your keys and safe them in a secure place!).

Simple and secure: http://blockchain.info/

yep, still the best IMO.

Blockchain.info wallets accessed via browser are still, as far as I know, vulnerable to Javascript exploits. It is highly recommended that you keep the majority of your coins on a desktop wallet, preferably in cold storage.

For me, I like the Bitcoin Core.

not one walet safe because they all have the same probability to lose
The best way so far are to secure walet your own by making a backup file and save it in external storage and away from the internet, as if still connected to the internet then there will be cookies that could be misused

That's not necessarily true. 3rd party web wallet (Instawallet, Inputs.IO, Coinbase) < Online wallet (Blockchain.info) < Desktop wallet (Electrum, Multibit, Core).

Coinbase for me.

Heads up: 3rd party wallets like Coinbase are not real wallets. They are held by a 3rd party. Those bitcoins are not under your control. This defeats the "trustless" nature of bitcoin. If you don't control the private keys, you don't control the bitcoins.

Let Gox be a lesson to you....

i thought in coinbase we can control private keys like we have done in blockchain.info
i never use it before
so i think we must avoid coinbase if we want full control of our keys

No I'm pretty sure you don't have control over any private kes - all you have is your account so if they decide to close it for some reason you'll lose access to all of your funds. Guys if you're storing anything more than BTC2 I would suggest you just buy a Pi for $30 and set up a cold storage signing system using Armory/Electrum. Doesn't cost a lot to have a secure system implemented.

hi light, what is Pi anyway?
i never heard it before
i use multibit for now

MultiBit for me, don't know much about its security, though.

Maybe he was referring to this http://www.pi-wallet.com/
Cold wallet based on RaspberryPi
------------------------------------------------------------
Well i personally using blockchain, it's nice for a hot wallet, especially the android apps. I feel safer when i access my wallet through my phone than through my laptop ::)

https://bitcoin.org/en/choose-your-wallet

I use https://greenaddress.it

Since all that happened with Mt GOx, what do you use now for spending money?

How about coinpocket?  IOS app is available for it, and it looks really easy to use.

https://coinpocketapp.com

I'm using multibit in desktop and blockchain.info in my phone. With multibit you don't have download large blockchain. And with blockchain.info you can download a back up and you can open it easily on multibit. Blockchain.info cannot access your online wallet because it is encrypted in their server.

bitcoin-qt is the best for wallet. Most secure too.

I like coinbase for short/medium term storage since it's convenient and has great protection.

Blochchain.info for short term storage. Mostly if I need btc for a day or week.

Blockchain.info IOS wallet (which can be synced to your regular blockchain wallet) if I intend to purchase from any site with QR code available (not all sites do). QR codes really do make everything easier especially when out and about.

I don't hold btc in any one place long term. It's always invested in one thing or another such as a service, alt coin, asic, or something else.

The best wallet IMO is the Bitcoin Armory, which is feature-rich, safe, deterministic and can be used for offline wallet easily.

I heard it does but it's really hard to setup. I tried it but can't into to so i am still using multibit.

I use blockchain.info for everyday transactions and other in cold wallet.

if you want simplest way to store your BTC , you can try online wallet like blockchain.info
I use blockchain.info and local exchanger(vip.bitcoin.co.id)  :)
However, for large amounts I think some offline wallet is more secure,like Mutlibit or Electrum.

even if I use two-factor authentication with google Authentificator ?

If someone has your password, and has hacked blockchain.info to obtain the encrypted wallet files, he will get your private keys and hence your bitcoin.

i use blockchain.info
the best for me  ;D

Different wallets have a different selling point, and so it is hard to say which one is the best.
It really depends on what you want the most (eg. user-friendly, safety, features).

coinbase and blockchain, both great and have both apps for android so i can check or move btc around with just my phone

IMO, It is not a good idea to store your bitcoin on Coinbase as you don't have control to your private keys at all.
Blockchain.info on the other hand is way better in this aspect.

you can try blockchain.info, this wallet has advantages such as:
1 has a double security system
2 has a security google authenticator
3 can make more than one BTC address
4. reliable transfer speeds
5. miner fees are not too expensive
until this day I still wear blockchain.info as my wallet
I hope you can wear it and feel the benefits ...  8)

Hmm safest way to store bitcoins is paper wallets.

Online and most convenient is probably blockchain.info

First, set aside a second to think about your bank. In addition to keeping the money in a safe and secure, the financial institution maintains a system of record to follow that which you receive as well as what you may spend. The bank tracks this for each of the company's clients, reality we simply can't start to see the record, we trust that the bank is diligently and honestly tracking these transactions... But... what if you DON'T trust banking institutions?

If you are looking for user-friendliness, the best wallets are Electrum or blockchain.info.
If you are looking for safety, the best wallets are offline wallets and paper wallets.

Best is multibit and second armory probably

MultiBit, or Electrum. Electrum has this nifty feature where all the addresses (also change addresses, etc.) can be re-created by an initial seed-sentence of 12 words. Those deterministic addresses can be recreated by only storing (or remembring) the initial sentence!

Bitcoin QT

If with "best" you mean secure than go for Armory, but if you want to be operative in a couple of seconds try Electrum.

With Bitcoin you don’t have to trust anyone. Use the Bitcoin qt wallet to store your bitcoins

electrum is by far the best.  very reputable developer.  make sure to check the md5 sum to ensure your download is legit.

Bitcoin Core is the most stable wallet, while offline wallet is the most secure one.

Does anyone have any thoughts about multibit?

You should use Bitcoine Core if you don't have internet connection and disk storage problem. If you have light weight pc, you should use light weight programs such as Multibit.

In my opinion offline wallet are more secure than online wallet. But I am using coinbase wallet.

I am never a fan of the Coinbase wallet. As you have no control of your private keys, what you have is just an account balance.

Bitcoin Core isn't a bad one IMHO  ::) , as for others I liked using multibet (easy, simple and fast to use). Haven't tried electrum nor armory,
although I don't endorse using website wallets but I'm using blockchain.info

I just downloaded Bitcoin and man the official wallet its clumspy as fuck and very bloated and slow. I dont trust the other wallets because they aren't oficial.

For the official bitcoin core wallet, you need to have the full blockchain data to achieve the fully trustless feature. That's why you will need to download about 25GB of data in the start.

You can use the bootstrap torrent (link in the bottom of https://bitcoin.org/en/download) to make the download faster.

Bitcoin core will always be the 'best' wallet in my eyes.

Out of all the other wallets I've used in the past, I'd recommend Electrum for ease of use and Armory for security. Large amounts of btc should always be stored offline so it would also be wise to learn how to make paper wallets, there are several guides to do this on the forum.

A couple of wallets are great. Blockchain.info and Electrum are the best for newbies, while Bitcoin Core and Armory are the more secure options.

I agree with you. I am also using the same wallet.

I use blockchain.info for everyday transactions and other in cold wallet.

i use blockchain.info and multibit
blockchain.info is secure wallet so far

I am using coinbase wallet. It is secure but there is always a possibility of being hacked on online wallet.

Same here. Love Coinbase. The cool thing about an online wallet is that I have access to my BTC wherever I am in the world without any hassle. If I were to carry my wallet.dat file on a pendrive with me, I would have to install the qt on a public computer (unless I bring my laptop with me everywhere which is cumbersome) every time I wanna use my BTC which is risky.



Well for large amounts of BTC, you should always use Coinbase's Vault instead of the regular wallet. The Vault is as safe as it gets in terms of online storage and the risks of getting hacked is reduced to a minimum.

blockchain.info is secure wallet so far Smiley
very simple to create it

for me blockchain.info is the best

I recommended AsMoney ( asmoney.com) its new payment processor but very flexible. You can send and receive money programmatically or accept your local currency. also support both bitcoin and litecoin.

It's not really funny, but I've heard the same thing about the MtGox long time ago.

Since you don't have the private key for your bitcoin on Coinbase, it is IMO better to store your bitcoin on Bitcoin Core, Electrum, Multibit, blockchain.info, etc and only use Coinbase as an exchange.

In my opinion blockchain is the best. I use it and i never had problem about  8)

i use blockchain.info and so far safe
I also wear a multibit

hello,

I have heard that the Electrum wallet is the best for beginners because you don't have to waste time downloading the block chain.

-T

I have been using Bitcoin core since the very first day.
It is very stable and your bitcoin is safe as long as your computer is free of malware.

Blockchain.info for your daily bitcoin spending, anything else should be kept in cold storage. Best practice is to not store any coin on exchanges or online wallets etc

Circle.com also deserves a mention, looks like they provide insurance on deposits but I'd still be reluctant to store too many btc there. 

Coinbase for me is the best.. its online.. really fast .. and the websites where i buy accept it

thanks you !!

I use Blockchain.info and satisfies my needs

I am using bitcoin core, no complains so far.

I recommend you blockchain.info, its serious and safe.

Hello,

Can I have an update on this ?

Armory is still the best offline and blockchain online ?

Thank you for your help.

As for me, I've started to use Mycelium as my primary wallet for everyday purchases and now just using Coinbase as my exchange.

Hello!  I have just started using Electrum and I find it works well, is user friendly, and does not need to download the entire blockchain to work.  Its very newbie friendly, but also has powerful features for more advanced users.

Blockchain and Coinbase are very good wallets  :)

If you are looking for a simple and secure wallet, consider using Ledger Wallet (https://www.ledgerwallet.com/).
It is a hardware wallet, based on a secure element (smartcard).

Electrum for daily use, cold wallet for long-term secure storage of your bitcoin.

Coinbase and Blockchain

I use blockchain  ;D

Bitcoin core for me.
Even though the full block data takes almost 30 GB space, it has been running very stably.

This is the only reason why online wallets are better. You don't have to carry any weight. I'm pretty sure it would be smaller if laxo didn't bloat it.

If you check the "most popular addresses" list on blockchain.info https://blockchain.info/popular-addresses, you will notice laxo haven't done much when compared with those on-chain gambling sites. ;D

Only cold storage

If you have patience bitcoin core, if you havent... multibit

I personally use blockchain.info simple and secure

I am using blockchain from 1 year. I don't have any problems with it. Majority bitcoiners are using it from long time.

Blockchain for small amounts
Cold Storage for bigger amounts

If you trust anything but an Armory offline cold storage wallet, your
coins are not secure.

I figured the best online wallets were Greenaddress and Coinkite. They both are HD wallets with added security. Most of them store majority of their funds in cold storage and also provide multi-signature support for added security.

I also prefer Blockchain.info for its ease of use. You can also ensure Blockchain is pretty secure by ensuring the following is taken care of :

Setup 2FA, make sure you delete all wallet backups from your email, setup 2FA on your email and keep the wallet backup elsewhere on another device or somewhere safer and encrypted. On blockchain.info account settings make sure to disable Automatic Email Backups if already enabled.

Set a second password under account settings, so that to send any bitcoins the user will have to enter the second password too. Make sure this one is really unique and strong. It's also better not to set any password hints. If the password hits were set before this would be emailed to you, make sure to delete that too.

You can also set 2FA to be send to your phone via SMS or Google Authenticator rather than the email associated with your account. Also go to debugging under account settings and set PBKDF2 Iterations to 10,000 to make it harder for anyone to brutforce your password. Also, disable TOR IP's if you're not using it. If you have a static IP and if you're 100% sure you will be always on that IP to access your wallet, you can set a whitelist to allow only logins through your static IP.

Were you using Teamviewer or any other software providing access to your PC? probably you'll want to revisit all those apps you have installed and make sure no one's accessing your PC using it.

Also change your blockchain short username to something unpredictable by others.

Blockchain is best i guess , if your computer ever stops working and you have the other programs you will be fucked

I recommend everyone with 5+ BTC to purchase a trezor device. You never know how much those coins are gonna be worth. you want to have an ultra secure device to store those things in case BTC goes $5K :)

Online blockchain, because it is very easy to use and can allow many type of protection. I don't think that the owner of blockchain will escape with our money  ;D

i use blockchain too, it very simple to use and not very complicated

And what's about hackers? The perfect/unhackable system doesn't exists. It will never exist.
Online Wallets should only be used to save not more than just pocket money.

blockhain remains the best and simple in my opinion  :)

blockchain is the best and safest wallet
i currently know in bitcoin world  :D

so what is your suggestion ?

i'm using blockchain but i've heard that blockchain been attacked by hacker recently
So make me frightened  :-X

Use a paper wallet, hardware wallet or offline wallet to keep your bitcoin safely against hackers.
You should only keep a small amount in your hot wallet.

blockchain,for sure

Don't need to do that. The one day will come when hackers or just a small trojan will do that job for me.

surely blockchain for me  :D

i choose blockchain too
its secure :)

MultiBit, a lightweight version wallet

You don't need to sync the whole blocks, also you be able to have multiple address + allow to add passphrase

Please remember the massive amount of thefts there despite 2FA! Always be careful when using an online wallet.

yes agree with you,must activated 2fa :)

i choose coinbase
support sms verification and securely other :)

I recommend not to use wallets like Coinbase or Xapo because you don't have access to the private keys. So, if their server or if they go, your bitcoins are lost. Try to use a desktop or mobile wallet. If you do travel a lot, try to use blockchain.info with 2FA but if you have Android, then install an Android wallet.

   ~~MZ~~

While I have core wallet as well, I like Electrum wallet since it does not download the whole block chain and it works on many different platforms (Windows, Linux, Mac...)

I believe LOBSTER was talking about the R value bug last month.
Unfortunately enabling 2FA doesn't prevent loss in that case as your private keys are leaked directly.

If you want the highest level of security, put your bitcoin in a cold storage.
If you are not so paranoid and have limited resources (HDD space or bandwidth), Electrum is a great choice.
If you want to support the bitcoin network, running a full node with Bitcoin Core is the best.

Often a user is at fault cause of that. Or blockchain.info refunded everyone :)

I think Trezor (bitcointrezor.com (http://bitcointrezor.com)) is the best wallet out there, it's BIP32 compatible so you can recover your coins to other wallets when it gets lost or stolen + you private keys never touch internet or anything that might be compromised by malware or other viruses. And unlike other cold wallets you can also spend your coins from Trezor, gotta say I love mine.

Most of then can't buy it because of the price. Ledger is the only direct-competitor to Trezor.

And, if the wallet is connected to internet, it isn't a "cold storage".

If you are going for a hardware wallet, I recommend Ledger. An overview of hardware wallets can be seen here (https://bitcointalk.org/index.php?topic=899253.0).

My choice is blockchain.info
anonymous with Tor support

depends on your needs.

I'd go with electrum for storage and block.io / blockchain.info for daily use.

AirBitz is a great mobile wallet.

I'd recommend either Blockchain.info or HolyTransaction for web if they are needed for general usage.

Bitcoin Core is the most secure you can go as it is most throughly tested by various developers and a lot of community members and it is a full node which doesn't require trust.

Ledger is based on a proprietary, closed source secure chip (NSA anybody?), therefore it is inherently less secure than Trezor. It depends on your level of paranoia thou :)

Okay, it isn't a cold wallet by definition, but it basically is a paper wallet which you can spend from without exposing your private keys to anything internet connected, transactions are signed in-device.

You are right about the price thou, no reason to protect your bitcoins with a wallet that's worth more than what it holds :)

No. Ledger is powered by HW. 1 firmware which is open-source AFAIK and also https://github.com/LedgerHQ/.


Right except about the similarity to paper wallet. You will have to expose private key in a paper wallet for sending Bitcoin unless you sign in an offline computer and if there is an offline computer, there isn't need of paper wallet.


Precisely. If you only want to hold a small amount, Ledger or paper wallet or even a secure online pc is enough. Most people buy Trezor if they have many Bitcoins to hold.

I'm afraid this is not entirely true (but I know I'm taking it to the extreme here):

Love Coinbase so much. The cool thing about an online wallet is that I have access to my BTC wherever I am in the world without any hassle. If I were to carry my wallet.dat file on a pendrive with me, I would have to install the qt on a public computer (unless I bring my laptop with me everywhere which is cumbersome) every time I wanna use my BTC which is risky.

Cool thing about online wallet is you don't own Bitcoins by definition and that means, the service provider can take it whenever they like. It is like giving keys to your bank to others and tell them to unlock and take money when you want it. I think nobody does this.

Can't you use a paper wallet + mobile wallet or only mobile wallet?

i reccomend to use blockchain.info wallet.. more safe :)

Actually, online wallets aren't safe as client wallets like Armory, Electrum etc. - there is always to risk that the online wallet is getting hacked.

What are the charges/fee for coin transactions on blockchain.info?

I use CoinJar as online account, which is pretty handy (EftPos card) and fast deposit (POLi and BPay) in Australia. But do not keep too much Bitcoin in online account. So I use breadwallet as private account on my iPhone.

Electrum is the best in my opinion lightweight and the seed recovery is a very useful feature.

Coinbase is only "online" wallet with insurance for being hacked, and it's very specific it would have to be entire thing hacked not one customers credentials stolen and btc taken.  As general rule use online wallets just for spending money.

I suggest looking into cold storage wallets.  They are most secure if done correctly, and the done correctly is a big part of it.

+1 for Electrum. Just wrote a longer reply in another thread in here on a similar topic. (https://bitcointalk.org/index.php?topic=771130.msg13006800#msg13006800)

Bottom line is: Electrum is an excellent combination between high security (definitely much better than online wallets), and good usability (avoids downloading the Blockchain).

Except for very large amounts stored, or unless you're also intending to support the network by being a full node, I'd say a lightweight client like Electrum (or similarly, MultiBit) are the ideal choice for most users today.

for me the best is blockchain.info as i dont hold big amounts of bitcoins and its usually online so i can use it whenever i want

I use Electrum faster, safer and easy to use without any hassle.

if you have backup of your private keys then you will be a problem on your coins being stucked there if they got an issue again, and blockchain.info wallet always have issues, i myself experienced it in the past just in time when i needed to sell some of my coins but i can transfer it coz of blockchain.info is down

In advanced I believe you can get the private keys on blockchain.  So there are way's of sending even if online wallet is down.  But keep in mind even if you do paper wallet from it it's a hot wallet.  So it's not as good as security.  But make sure you use 2fa on it that helps some.

Cold storage is what you want for storing any sizable amount.  Paper wallet if done right really is one of best ones out there.  Assuming you have it stored safely.

tx info, is really helpful.

Bitcoin wallets is where you store your bitcoins. Without them, you cannot use bitcoins. But, selecting a secure wallet is important. In fact, most important.. Because, losing bitcoins means burning cash.
Now, according to my usage and researches and what I have found. These are the wallets which i found trusted and useful.
(1) Coinbase- they provide more privacy as they have their own privacy team separately. Best thing is that transactions are completely tax free.
(2) Blockchain- It has got the most number of usets. So no doubt on security. It's trusted most by miners too.
(3) Mycelium wallet- It's git very low transaction fees and provides the best backup system for private keys. You can use multiple wallets at once.

What are you meaning by tax free?   As far as taxes any wallet should not be charging taxes.

It would be a government doing that info likely from exchange or such.  But there is not link between a BTC address and taxes, you really need a exchange and to sell and have a profit to worry if it's enough to be taxable.

1. Do you mean transaction fee free? Tax is different from transaction fee

2. yes blockchain wallet is used by many but the security? I dont think bc wallets is super secured

3. Mycelium requires low trans fee for low priority transaction but it isnt an advantage for it as almost all bitcoin wallets you can set how much fees you want to pay for your transaction

i use blockchain and coinbase they are always available

I use MultiBit  8)

first i was using igot.com site but after some time i came to know about the scam site, then i started with coinbase very nice wallet site, and now i am using xapo also as some faucets give immediate payment to xapo account holders.

for me Best wallet is bitcoin android wallet https://play.google.com/store/apps/details?id=de.schildbach.wallet
secure full acces and friendly for mobile user, you can access everywhere everytime :)

that could be the "best" for now but not until you lost your smart phone or it malfunctioned, using mobile wallet isnt really secured as many people thinks, i still prefer using paper wallet or desktop wallet for daily use :)

For me the best is MultiBit, because is very easy in use.

But like with fiat currencies we have to remember to dont hold all money in one place so i use as well Coinbase.

The most important part i have just in my wallet file - copies i hold on my email, pendrive and DVD :)

for daily use you need wallet where you can spend your bitcoin anywhere
are you will pack your computer ???  :D

mobile wallet is best option for daily user

1) Coinbase pays the transaction fees for the customers but their Terms of Service restrict some kind of transactions and your account will be suspended if the coins are linked with it.
2) Nothing indicates that Blockchain.info is trusted by miners. In fact, many users have gone against it.
3) Any desktop/phone wallet should allow the users to use their address repeatedly and can use another one simultaneously.

yes i cant bring my computer to me anytime but it really depends on the users country like here there is no free wifi in all areas so i dont have use in using mobile wallets when i go somewhere, by that, i only need a desktop wallet

Android wallet is the best mycelium
and for online wallet blockchain.

I am using blockchain.info wallet from the day 1 with some ocassional problems. But their platform is really simple and quite easy to send and receive. I haven't tried any other wallets.

It really depends on the occasion but in general the Bitcoin Core is just great.

i use totally 3 wallets in that 2 online wallets one is xapo for free faucets earning, second one is coinbase for depositing and withdrawing in sports betting, and last but not least is for my savings of bitcoins which is hardware wallet with 15 address.

Armoury just because of how secure it is.
Bitcoin QT is great and all but having the whole blockchain at this point is kind of silly. i wish there was a more secure Thin Client.

For today only bitcoin core, fast enough, secure enough, always up to date.
Before we need stuff like multibit but now synchronization is very quick :)

Electrum ftw! :D

I am using blockchain.info wallet its enought for all

Funny, I was looking for a wallet just awhile ago.
I looked at multibit and electrum and both are downloaded wallets.
I was looking for a web based one and found some that were nice:

counterwallet
rushwallet

both allow for export of a private key which is what I was looking for.

Which faucets may I ask are you referring too?

Personally, I use Coinbase as my primary wallet, storing the bitcoins from recent transactions. Until it reaches the point where I would feel pretty bad if the bitcoins got stolen, I would move them to my Electrum wallet, on my computer. I haven't reached that point yet :)

I like coinomi  wallet.
Because I can use many crypto(dogecoins,bitcoin,litecoin and other)

i use multibit can be into a pen and you can be tottaly safe

So you are confident in Coinbase's service to store bitcoins there, even a small amount?

i use blockchain.info online wallet

coinbase is definitely a trustworthy company imo,
i really like the bither wallet for ios, it has tons of features that mycelium usually has for android

For small amounts which I'm willing to lose, it's a yes. With them being trustable, there's drawbacks on using them. Firstly, you can't control your private key and would defeat the purpose of decentralisation that Bitcoin is trying to achieve. Secondly, they have various policy which restricts the transaction and they can close your account if you're involved in such activities.

I keep most of my funds offline just in their wallet.dat, but I have a little in blockchain.info so I can make payments quickly and from my phone on the go but I also have some on a ledger nano (which is a cheap and secure hardware wallet if you want to buy a physical wallet).

Right now I have about a quarter of my savings in Blockchain, a quarter in Electrum, a quarter in Armory, and a quarter in Coinbase Vault.

I only have 2 right now but look to grow more...

Anyone thing this is overkill?

Online wallets are not the best choice if you want to be safe. Rather pick a hardware wallet like QT.

I think we get a lot of people who don't read the pages which gets us answers like this.  Online wallets are hot wallets... no good for holding long term.  Great for spending short term... but in no way the best wallet overall.

Everyone really should look into hot/cold wallets before saying a online wallet is best.  On blockchain at least it does allow private keys to be made into paper wallets.  It still is hotwallet but if ever needed you could import into another wallet.

Hardware wallets are Ledger and Trezor for example. Wallets like Bitcoin Core, Multibit, Electrum are not hardware wallet, they are desktop wallet. They are not designed to be resistant to virus attacks. Online wallet does have a large amount of disadvantages but for most other than Blockchain.info, it would be alright to be a hot wallet.

started with blockchain 2 years ago, and still using

I think it is coinbase.
Just try it.

It doesn't allow usage of gambling.
Bitcoin Core is still best.

I am also using Blockchain wallet its quite safe because of two factor authentication and Coinbase's Purse IO also safe in online wallets But most of people preferring paper or local wallet to avoid bankruptcy.

Blockchain.info is the best online wallet. Try it, set a 2FA and you will not have any problem to enter in your account, and at the same time there isn't any risk about some thief.

Wrong. Blockchain.info isnt really the best because there are some incidents that users are losing their coins on their blockchain.info wallets even they have 2fa enabled

2FA makes it harder to take your coins yes.  But it in no way with a hotwallet makes it where there is no risk to being taken by a thief.

How much have you researched into this?  Just a lot of the statement is flat out wrong.  A hot wallet (what blockchain is) always has a possible threat that is not near as safe as cold wallets.

A paper wallet done right beats your online wallet every single time as far as safty.

not to mention you have like zero privacy with them, not good if you ask me, i hate being tracked for every tiny movements

Coinbase is not bad to get your coins but then you get them out of there. Online wallets shouldn't be used anyways. Just download Electrum or Multibit and you will be good to go. This is the best of both worlds between Bitcoin Core and online wallets!

I personally use Electrum and I am very happy with it. In my opinion it is the best wallet for everyday use, I have tried everything from online wallets to running full node.

I use xapo wallet.
I like to use this wallet because free for received and sent btc. No fee and You always received full amount

xapo is only good for storing small amount of bitcoins for your daily use but if you are storing large amount then you should switch to desktop wallet as it is more safe than using 3rd party wallets

i save 0.4 at my xapo wallet and im never get any bugs :)
i think Xapo is professional company , and he would keep the trust of the customer

No matter how trusted they are, it is centralised and they can say that you violated their TOS and freeze your coins. With desktop wallets, you have the control of your coins and there is no need to worry about it being down. Xapo only insure coins stored in their vaults which means that they won't be held liable for any losses on your normal xapo wallet. If someone manage to gain access to your Xapo account, they can steal all of it.

basically xapo wallet use 2fa defaulted and the 2fa only can acces from your android device or you can use sms verification with your number phone
i think it's a strong system, im use xapo more than 1year and i never get any issue and my account was never frozen

Previous experience doesn't mean that your future experience would be the same. Coinbase had a 2FA vulnerability before which affected those who had 2FA. If they one day gets hacked, server side, not client side, they will not reinburse you or at most up to $100 with their vault. For vault, you have to wait for 48 hours to receive your coins. SPV Clients like Electrum does not have a central authority and is independent. Can you sign a message with Xapo?

i know i can get full acces at my xapo address, i use xapo for daily spending not for hold, i use paperwallet to hold my bitcoin  :P
and i want to ask you
if your blockchain.info get hacked are you get compensation of blockchain.info ?

best wallet is no wallet, use paper!!

Your best bet would be using a desktop wallet such as Bitcoin core if you have a lot of space, Multibit HD, or Electrum. Encrypt your wallet and write down your safe words if given to make sure you can restore your wallet if something goes wrong. Make sure you back up your wallet regularly. The most safest is just to keep your coins off computer on a paper wallet somewhere safe because your computer can be vulnerable environment. If you lose your paper wallet, you are basically coinless so place it somewhere safe if you do. The most important factor is how many coins do you have and to adapt to the situation. You need to examine your potential risk and exploitations that can put you in unsafe environment without any prior knowledge or even thinking about.

I love blockchain.info for its quick setup and ease of use. It can also be set up with 2fa to add another layer of security. It is best if people do their own research to find the best solution for them

Yes, thats right, not recomemded for storing a lot btc there. I just use for daily transcation because no fee to sent and received btc.
I think the best wallet to store coin is electrum, coinbase and blockchain

I see have several wallet sites. My opinion: blockchain.

But in my experience, desktop wallets are better than web based wallets. But blockchain.info is unique by the way it provide access to our private keys and you can access your bitcoins via internet from anywhere.

Both online wallets and desktop software wallets have many pros and cons. We must choose a wallet which lets us to access private key and easy set up based. Any wallet we can use but we need to have strong password or phone verification enabled are better ways to have secured wallets.

Xapo wallet seems to have all of those except the access to private key part. It has high security level as you mentioned and has a debit card that enables the user to withdraw bitcoins which is a bonus to many.
Haven't used it myself just bringing up some points that I have seen from their site and other btc news sites.

Is there a actual site which compares wallets and everything about them?

You will find a few different sites that compare different ones.  Bitcoin.org does this - https://bitcoin.org/en/choose-your-wallet

But the problem are there are SO many different kinds.  To my knowlege there is not one that has every software, hardware, cold storage/hotstorage, web wallets, etc.  The list would just be massive so I don't think you will find all of them.

Main thing you need to know is if it's to store a small amount or a big amount.  Then look into hot/cold wallets depending on anwser.   And decide what fits you.

I think that coinbase is a must to begin. Never had issue until now.

Try Bitcoin wallet as much as possible, using the most convenient "according to your own"

Use cold wallet (offline wallet) for example, electrum, multibit, bitcoin core etc as the primary storage Bitcoin you. Others, such as for transactions, trade and etc can use the hot wallet (online wallet) for example, blockchain, coinbase, xapo etc which is important not store in a Bitcoin wallet.

Depends on country.  Coinbase is good for US, but it's really not international like BTC.  Each country has exchanges that work best for it.  So it would depend on location.

Also coinbase is still a hot wallet.  I don't like that for long term storage.  And some dont like the KYC rules with them.  It does not bug me personally on KYC but some it does.

I agree coinbase. Using and everything very good but I will use more other wallet.

Xapo is a relatively good online hot wallet but that's all. If a service have knowledge of your private keys, it shouldn't be safe at all since a hacker can steal them easily. In terms of privacy, Xapo has none. They require users to verify their phone number before using which is a huge turn off for many users. It's required since they probably have to comply with the local regulatory measures.

If you would ask me I better go with offline bitcoin wallet when keeping large sum of coins due to security issues however i use online bitcoin wallet if I want to make my bitcoins into cash , I guess that depend on you in which type of wallet you find yourself more convenient.

I think its Coinbase.
It is depends on the users.