Bitcoin Forum

What is best online wallet to store bitcoin? I know most will say online wallet is the least safe however as I am starting out with very little money I just want 1 which is secure and easy to use.

Any advice would be greatly appreciated. 

blockchain.info - very simple and intuitively clear wallet. Also there's an app on the App Store and Google Play.

You can use blockchain.info for storing your bitcoin. This is one of the best popular online wallet that everyone is using. You can also trust xapo and coinbase but with xapo the fees are higher now compare to their free service before when transacting. Coinbase is a good one too.

I used blockchain.info when I was a total noob, but honestly, don't make the mistake of developing the wrong habit. Once people become familiar with a GUI, they become too lazy to leave that interface and keep delaying moving their coins into a more safe local wallet.

My advice is to keep your coins in Electrum, it's fast to install and easy to use.

Once you have a good, considerable capital invested on BTC (let's say $10,000+) get a Bitcoin Core node and support the network, because you are supporting your investment by doing so. It's in the best interest of all holders to run Bitcoin nodes.

Tried with blockchain however it isnt accepting my payment. To do transaction more than £50 it says I have to do it via bank transfer. But it wants some details such as photo of some id such as driving license. Is this safe to provide?

My advice is also Electrum.
blockchain.info is very useful, I don't deny it, but for a newbie it can lead to problems. Two of them are the phishing (the site is too well known and it's a target for phishing every now and then) and the disconnections (now and then they get disconnected from the network leading to a lot of confusion from newbies).
Also the main rule is to keep your money in your own wallet. Be warned though to keep your computer safe from viruses/malware.

if you are going to keep high amount of bitcoins, i advice you not to use online wallets, the are not too safe, i prefer use online wallets for little and fast transaction for keeping use desktop or paper wallets, they are more safe.

good luck...

Blockchain.info online wallet is basically the best online wallet you can use although i recommend you use electrum as the size is small and provide more security thanks to the private key and others options compared to online wallet.

I haven't had any problems providing such info before nor have I really heard of anyone having any issues so I would say you're good to go ahead and proceed.

I just used Electrum wallet. They are very lightweight and you don't need to download the full nodes to be able to get it to function. You can also change fees as well. For me this is the best wallet beside the Core and Blockchain.info. Of course with Electrum, you have the control of your seed. So in case, you can recover your wallet. Just be careful and store your seed somewhere else and have it printed for safe keeping.

How much  £ worth did you guys buy initially. I'm all new to this so don't want to take a huge risk.

What are you predictions for future?

1 last question....have you heard about anybody loosing coin value in the online wallet?

This is what im using now.I would choose Electrum than on blockchain.info and yes its lite and you wont need to download all blockchain.The thing i do like on this wallet is that you can able to get your privatekeys.You can import too but this thing would depend on op's preference since we do have different taste when it comes into things.He must try blockchain or electrum and select what wallet suits him.

One of best online wallet is Cryptonator - https://www.cryptonator.com/auth/signup/101003475, so in this wallet you can use Bitcoin with very fast confirmation time ( sending and receiving BTC & altcoin addresses are not the same in this wallet !!! ), but also make instant exchanges to/from various altcoins - ETH, Doge, Monero etc. And you do not have complicated sending/receiving, like with Blockchain wallet.   

Hi, The best wallet i would recommend would be Blockchain.info.

Blockchain.info helps identify double spenders, and keeping you safe from future art of scamming a newbie like you :)

your welcome.

Never get trading advises from strangers. And never invest what you don't afford to lose.
This being said the numbers differ greatly from person to person and the answer is irrelevant.


Some predict even $500000 for one BTC in the next 5 years, but that may be too much. Or not.
Some predict that Bitcoin will fall badly in less than one year.
I can't really tell which one is right; I would like to know myself...


Losing.. value? The coin value changes from second to second wherever you keep it. If you count in USD. But you don't mean that, don't you?
Wallets should not be "leaking" :), I never heard of that. Just you have to check for transfer fees. Every transaction costs money and you have to add that too into calculation.

Cryptopay.me and Bitwala.io are some other online wallets that you may be interested in:

- Cryptopay allows you have an account in dollar, euro, GPB and Bitcoin within the same account. You can transfer from/to your own bank account as well to have a Visa card.

- Bitwala has about the same service (Bitcoin wallet, Visa card, buying/selling your bitcoins from/to your bank account). One of the main advantages about Bitwala is you have your private keys and there are not a lot of wallets offering this feature, which is a very good point.

Both are user-friendly, simple to use and have an efficient support to their users

Blockchain is a bitcoin account providers site that can say the most popular. Most bitcoin transactions by bitcoiners use a wallet from Blockchain. We can also see a list of other bitcoiners accounts on the homepage of the site. Simple view and user friendly make this site a choice of the bitcoiners to open a bitcoin account.

It would be interesting to hear other people's opinions on predictions in future years

If you are newbie than try either coinbase or blockchain wallet because they have user friendly interface.

But if you like to hold your bitcoin for longer time in secure way than use electrum as hot wallet and paper or hardware wallet as cold wallet.

Many have told that for the next 2-5 years we will see bitcoin stable at $10,000 and it can even go $50,000.


Value of bitcoin? I not only heard it but I experienced it and saw my bitcoin's value is falling but it's not losing. Because the price of bitcoin is unstable, is this what you mean? Btw, have you ever chose your own wallet now? Answers are just repeating with coinbase,blockchain.info and electrum.

Yeah mate I went blockchain

I'm just scared in case it goes wrong and I loose it all. I think I may just start with £50 or would that be pointless. Would 300 be a better starting point

For online wallet, i prefer blockchain.info. This wallet is the best web/online wallet so far, 4 years using blockchain.info and never had an issue in this wallet. For dekstop wallet, i recommend electrum wallet. Easy to use and don't need to download all blocks which is takes a long time to do that.

I use some web wallet services ie xapo, coinbase and blockchain. of all the web wallet, I think Xapo better because it requires us to verify the identity and must install the application on android to get 2FA. In terms of delivery cost, I think almost the same ie about 0.0007 - 0.0012 btc for high priotity.

That's a bizarre reason to like Xapo. If you want to use their BTC/fiat exchange services, then sure, it makes sense to verify your identity. But if you just want a lite wallet, you should retain your privacy.

As far as fees, you can also pay much lower fees by using a desktop wallet like Electrum. During low congestion periods, you can pay <5 satoshis per byte and get confirmed in the next block. Even during times of moderate congestion, you can usually get confirmed within 10 blocks or so. It's never necessary to pay as high of fees as Xapo charges.

Comparin Xapo with Electrum is too on par knowing that Xapo is an exchange wallet which they would normally charge higher than on the usual fee compared on electrum which you can actually adjust the fees and same as you said <5 satoshis per byte would really be just enough but depending on networks situation if its congested or not this would really depend on the situation.

Are you sure? I think it's not Blockchain fault, because there is no exchange payment on Blockchain as far as I know (the latest update is about adding Ethereum). I think you were using third party service on advertisement section at Blockchain dashboard.

This will be the problem if he uses a other service to buy bitcoin and still didn't receive any bitcoin from his account it means the site where you buy bitcoin are scam..

Much better to give us the link of the site where you buy or exchange your money into bitcoin.. so that we can know if the site is legit or not..
There are many scammers outside these days and hoping you are not victim of those scammers..

I know almost everyone will tell you blockchain.info. No doubt they have been around for a while and have been able to get their client's loyalty with their great support. However, you should know that this wallet does not give you full control over your funds and if you are planning to store for long, I will advise you use at least a desktop wallet and if you have some cash to spare, try a hardware wallet. For a newbie though, blockchain should work best for you but consider all I have said later on.

There's really no reason to use blockchain.info, even for short term use. There are lightweight desktop wallets that instantly sync which are far more secure, and which have better UI. Electrum is one example.

However, I wouldn't say you don't have full control of your funds with blockchain.info. They don't control your private keys. The main security issue that I can see is potential MITM attacks if their service is compromised. If you don't control the software that signs and broadcasts your transactions, your transactions can be hijacked.

From some web wallet I've ever used, I can say that blockchain.info is the best, besides the transaction cost with blockchain is cheaper than xapo, btc.com, space and coinbase.

Why do you need an online wallet for when you can use SPV Bitcoin wallets? It is not like you are limited to either full blockchain wallets or full online wallets.
We have great middle ground - when you want to use wallet on your smartphone then SPV wallets have mobile versions too. You are no longer bound to use web service.
Just install Electrum and you won't have to worry about the lesser security of 3rd party Bitcoin wallet.

If You don't want to use any centralizes wallet then go for decentralized one(one that provides private key) lEg: Bitcoin Core. Safe and reliable.
I think it will solve all your problem.

Just 1 Advice: Invest the amt. that you can afford to lose(in worst scenario) Initially, start with small amt. and understand the crypto market, and if it appeals you then invest further otherwise step back.

No one can predict BITCOIN future price. It could be ZERO or can reach to $10,000. No clear stand of central authorities resists investors to invest big amt in it.

Back in Bitcoin's early days people were well justified saying that Bitcoin could either end up being worthless, or worth a lot -- nowadays Bitcoin has proven to be worthy of its existence due to the constantly increasing demand. Another thing, the well experienced Bitcoiners don't care about whatever central authority, which is one of the main reasons of why they are in Bitcoin. Other than that, you should advice the person you quoted to not use online wallets to hold coins as in long term storage.

I buy bitcoins when we are on the dips so the last time was $3,000 and it is not late to keep on buying for yourself.

If you are asking about the predictions about the future of bitcoin's price then you should read some good information and speculations at the speculations board.

This link will redirect you there https://bitcointalk.org/index.php?board=57.0



Yes but only sort of bug but not hacked.

We're talking about web wallet and most likely most of peoples would said Blockchain.info because is already well known as better online wallet compared with their rivals like coinbase and xapo. Which both of them has their own problems like poor support, however Blockchain.info also has problem too.

For a starter, I would not recommend core wallet as it is a heavy one. There are so many light desktop wallets out there such as electrum and exodus that are decentralized and they are so good and easy to use most especially for anyone trying to find their way around with wallets easily.

Just my own piece of advice anyway, except you want to download the whole blockchain into your system, then it is best you go for a light desktop wallet.

Hey, if you are from India, then I would suggest you to try online wallets like unocoin or coinsecure. These wallets are very secure and definitely they wont run with the funds because they are closely monitored by Indian government, even though there are no regulations. The transaction fees in coinsecure is also very low, around  10000 satoshi and its fixed.

Best online wallet for me is also blockchain.info, clear interface, low transactions costs. Too bad they only support bitcoin and ethereum, would be nice if they would support other coins such as litecoin.

I have some advice to you. Use a paper wallet or hardware wallet if you've got significant holdings. Using online wallet means, you have no control over your coins, that's why you shouldn't be using an exchange because you don't own the key. However, You may use blockchain.info

Before I'm not using them when I was quite new to bitcoin because I keep on following a lot of suggestions that are just leading me to coinbase which I really don't like. But upon gaining some knowledge about bitcoin I found it out that it has the blockchain technology and I thought it that blockchain.info is the one that runs the whole network so I did created my wallet and in the end I'm satisfied with my experience there and up until now I have my account there.


It's not even bad because they adopted ethereum recently.

Completely agree with you, online wallet might be good for storing little amount/spendable but it's very risky, we all know that blockchain give your access to your private key but it was went down due to DNS attack and I'm scared if the site is offline forever. So if you want to store huge balance I recommend to use electrum or hard wallet, for little amount blockchain is better if we compare to exchanger or other centralized wallets.

Only if we’re in the same country, I will recommend you to try coins.ph, it works really great and have experienced none major problem. If it is not possible, Coinbase be my second choice as I’m using it but be ready for a much higher transaction fees and can be minimised if you will transact much bigger bitcoin.

I’m an online wallet users than a more secured hardware wallet but because I’m more practical than security conscious I choose online wallet.

i can recommand you blockchain iam using it since 3 years now its great at all have also Etherium wallet !
but since newer time iam using also https://freebitco.in/ (https://freebitco.in/?r=892945) as second wallet the have low fees and also a small interest rate.


kind regards

I am using Coins.ph to make deposit and withdrawal of fund also i keep my bitcoin in this wallet and this is our local bitcoin wallet and my alternative online wallet is coinbase and blockchain.info also they are holding altcoin like etherem and lite coin that is why i love to use these alternative bitcoin wallet, and i am also using mobile wallet which is mycelium to received money came from gambling before i transfer to my local bitcoin wallet because coins.ph is very strict due to AMLA regulation.

Definitely use blockchain.info because it supports private keys and you will have the acces to it as much as possible you can even import or export this wallet if you have grown fond to it you hold the actuall authority of youre wallet . Have also an app that is probably secured because you can also export and import private keys the name is mycelium wallet. Though i am using coins.ph wallet because it is available on my country and has cashout branches supported

Online wallet is the actor of all the transaction in crypto world, like for example the COIN WALLET it is very good to have them not only it can receive and send money,  it can also used pay bills, bank money transfer buy cellphone load and almost everything.. its all on your finger tips!

blockchain.info is the best online wallet and although if we save it in exchanges is safe too but we need to separate our bitcoin to another wallet, especially if we have more than 5 bitcoin. we don't want our bitcoin is getting hack or if the exchanges getting hack and this is why we need to divide our bitcoin into other wallet. but don't forget that there is many wallet that you can use and mycelium is the best wallet also so you don't have to worried about the security of each wallet.

blockchain.info supports private key, but in fact all online wallets have security doubt. How much is the transfer fee at blockchain.info?

Ever since blockchain.info switched to HD wallets, they have no longer have this export option but there are still ways to access your private keys as long as you have your backup phrase like using this tool https://github.com/iancoleman/bip39 or importing it on electrum by ticking the BIP39 seed on options


Their fee estimation is far from accurate so your transaction will most likely be stucked if you followed it. Better use some guides and manually set your fee.

Yeah blockchain.info is good choice for an online wallet but it just support btc and eth so I would suggest try coinomi wallet as it supports wide array of coins at the same time you can buy some coins here directly to shapeshift and changelly as they're like tied up.
And with the fees it only have a small fees compared from other wallets that I tried.

Blockchain.info is a secure wallet to store your bitcoins, i have been using it for years since i was a newbie and didnt encounter any issues.

It has several features, private keys control and mobile app for our convenience.

They might have some bugs from time to time but it's only happening occasionally. I consider them as a very trusted web wallet but still don't be too confident with them when you are holding too much bitcoin. You never experienced any problem and issues with them, well that's rare for me as most of the people here experienced the same bugs. But when it comes to convenience, I like them and they have a very friendly support where you can asked anything when your problem isn't on the FAQs.

Blockchain.info is best one online wallet.I am using it but not for all time.I am using it for 2nd wallet.You can use this wallet. already a lot of people mentioned about this wallet.