Bitcoin Forum

Dear members

I have get some btc today. I need to store it in online wallet, online wallet because i need trade it frequently. Specially get the alt coins.  Whats your recommendation about wallet and why?

I use coinbase,  as it's very secure and can hold some altcoins.  I recommend it.

I would recommend you to download electrum at:
https://electrum.org/#home

It is an open source wallet with cool features, such up setting the transaction fee based on the current network status, or choosing what node you would like to be connected to.

If you are talking about mobile wallet, I would recommend mycelium, who is also open source and has the exact same features.
Remember, as long as you control the private keys, the bitcoins are yours.

If you are looking for a safe wallet for BTC, I wouldn't recommend an online wallet as it can be easily compromised if you don't know how to take care of it. I would advice you to buy some hardware wallet. I use it on a daily basis in trading altcoins too and the process of using it is smooth. This also has more security features compared to an online wallet and you hold your private key here. I cited this opinion of mine as I based my comment on the title that you provided above.  ;)

Coinomi Wallet apps are the best. You can hold here a lot of Altcoins. I tried it and really did not have a problem. And one of the best in it is that you hold your private key, So no one can enter your wallet anybody else as long as they do not know your privatekey. So you should be careful of it and not tell anyone to make it worse. This is only possible on Android phones you can also download it on a pc using bluestack

I suggest to buy a hardware wallet too, you can easily get one below $100. It is safe as does not reveal your private key to browser when connecting to computer. When you are not using, it stay offline.

maybe in online wallets can happen for theft and you have to be careful and secure your bitcoin assets and try to use 2FA security or switch to the offline wallet, hopefully fine.

Let me start with saying don't use a web wallet. And with web wallets I mean blockchain.info, coinbase and any similar services. They can be stolen much easier PLUS if that website goes down , your coins go with them.

You have a few much better options. You can download and use electrum which is a light version safe wallet. You can use there as much addresses as you want and you have access to each and every private key of it. This is my number one choice.

The second choice is getting a hardware wallet such as trezor or ledger. They are useful but are a bit expensive in my opinion but if you're trading a lot it's not bad at all.

And of course the safest but isn't an option for many as it takes a lot of data and space is Bitcoin Core. It's the only way through which you broadcast transactions on your own not using any other nodes.

maybe you can buy hardware wallet, like usb wallet. if you have alot of btc, dont safe your btc in exchange wallet, its very risk.

If you are sure that your computer is secure, use Electrum and keep regular, encrypted backups of your private keys. Online wallets, like Blockchain.info, are super convenient but you won't have your private keys in your possession in the event that they get shut down.

i think if you finding a safest bitcoin wallet you can buy trezor thats all i know trazor is very safest bitcoin wallet than the wallet on internet
by the way trezor is a hardware wallet

I think it's coinbase or the safest is the hardware wallets. Bitcoin investors today are using hardware wallets as key device rather than digital wallet that is vulnerable to hackers.

There are few online and offline wallets that are the most safe among all.
1.blockchain info that is online.
2.exodus this is dextop but their support is top .
3.electrum another user friendly yet very technical wallet to use.

trezor or nano s is safer

I would not use any online wallets, beside an exchange if you want to trade. But always keep in mind not to hold too much on exchanges, they could shut down. I can recommend an hardware wallet like ledger or trezor, they are also safe from keylogger etc.

I have got ideas thanks

Well everything depends  on the amount of your btc.
First of all I won't recommend you using the online wallet. Just get Electrum (or its mobile app) and keep it safe. Second is that the safety of your wallet mostly depends on how and where you use it.
If you are 100% sure that you need to keep your BTC online and you have a small amount of coins that you will have to exchange asap at one moment then you may take a risk, screw all the safety rules and hold it on your exchange. Sometimes it take e long time to deposit your funds and you may lose some good chance.

Exodus is very user friendly, safe wallet. It is a multicurrency wallet. So if if you wish to exchange to other alt coins you can do so within exodus. Good luck.. :D

For online wallet blockchain wallet https://blockchain.info/wallet/#/signup is best one.But you also asked about altcoin. so you can use coinbase wallet. it can give you store litecoin and ethereum coin.

Blockchain wallet is the best for all. This wallet get the smallest commissions for transactions. I reccomend you this wallet for your bitcoin.

I think the safest wallets are hardware wallets such as Trezor, Keepkey, Ledger Nano S.

It's better to use an online wallet that allows you to use 2 factor authentication. I think 2FA is very good because you need two different forms of authentication such as something you have, something you know and something you are. In order to log you may need your password and your phone.

I also think Paper wallets can be quite safe.

Has anybody used brain wallet? I was just curious to know If someone has used it and I would like to know what you think about it?

There's always a risk to store your BTC in online wallet. Though I'm using blockchain wallet and coinpayment wallet from the beginning. :)

Never heard before about this wallet and nope never used it before. But will use and let you know about it.

Cheers..

What???? Safest bitcoin wallet is litecoin?? ??? You cant send bitcoin to a litecoin wallet and vice versa due to them obviously being on separate blockchains. Also, did you just straight up copy pasted litecoin's definition from litecoin.info?

Im using coins.ph for now as my wallet ,Saving my btc here is safest way because I am the only one who has an access to my account.It is comfortable to use due to it we can easily transact in paying our bills or other utility bills we need to pay every month.

As posters above have suggested, either use  offline wallet  (https://en.bitcoin.it/wiki/Cold_storage) (it can be HD wallet like Electrum, but Bitcoin Core client also supports cold storage and watch-only wallets) or buy a decent hardware wallet (e.g. Trezor or Ledger Nano S), which will bring convenience and security which will be difficult to replicate on your own as a new user.

I think coinbase or blockchain are the two most popular wallet types in the world and it is easy for you to trade on the floor. In my opinion if you are a regular trader then you put your money on the trading floor you choose a reputable trading platform to trade as bittrex, poloniex or yobit or in your country have Please support any floor trading platform

hardware wallet is the way

I suggest a hardware wallet.
My dad uses a Trezor and I am using a Ledger nano

Well, I believe that storing funds on online wallets or exchanges is risky even if you are taking all the safety precautions because sensitive database like private keys can be compromised at the server end so it is never recommended holding large amount online.

You can use securely generated paper wallet or hardware wallet to store your funds offline. Maintaining paper wallet is a cheaper yet secure but non-flexible option and maintaining hardware wallet is costly as compared to that of the paper wallet but it is flexible if we are comparing the same.

I think you should choose for yourself the most reputable trading platform such as bittex polo or yobit .. or any floor that your country supports bitcoin and altcoin trading then you should always stay there because you often deal and I recommend that if you play a floor you have to keep your information confidential to avoid loss of account

Besides paper wallets and cold store wallet, my personal favorite is Electrum, a desktop wallet that has many security features. Please, check it out.

I also heard that this is a very popular purse. But I did not like to use it. He's very uncomfortable. But I understand that the most important is security and not convenience

It is better with if you choose Paxful bitcoin wallet bevquse here it is easy to buy, sell and store your bitcoins whenever and everywhere you want. They also have over 300 different payment options for purchasing bitcoins from gift cards to credit cards.

Paxful bitcoin wallet is one of the safest and eaay online bitcoin wallet because with paxful bitcoin wallet it's easy to buy, sell and store your bitcoins whenever and everywhere you want.They have provide over 300 different payment options for purchasing bitcoins from gift cards to credit cards.

If you want to trade it frequently, you really need to use an exchange. However, be careful with exchanges because there is a history of exchanges getting hacked, going out of business, or stealing funds (i.e. Cryptsy, MtGox). I would suggest keeping most of your Bitcoins in an offline wallet. However, if you want to day trade with Bitcoin and altcoins, use one of the better exchanges like Bittrex. I used to use Poloniex, but they don’t respond to support tickets any more. I also like Bitfinex but they aren’t serving US customers anymore. So Bittrex is the best one that I have used that is still a good exchange as far as I know, but this is not an endorsement of them or any exchange.

I am not really sure because I am only familiar with one wallet which is Coins.ph. This is the mostly used wallet for Bitcoin in the Philippines and it is also used for other activities. It provides different services like paying the bills, transfering fund, cashing in or out in different ways and trading Bitcoin. I recommend this because it has been useful for me ever since I started Bitcoin. It also has it's own application and can be accessed anytime I want.

Get a Ledger Nano S - put all your Bitcoin there. Don't Alt trade. HODL. Profit.

No 3rd Party for me!
i would recommend offline wallet, control and guide myself, even higher fees,

Coinomi, Mycelium - my choice

It is true that online wallets can easily be compromised and there is a chance that they might run away with all your cryptos.
But, I've been using Coinbase and Xapo since last 3 years and I just love the features they have.

I'd recommend you to use these.

i recommend paper wallets using your USB flashdrive for back-up for sure and try also hardware wallet like Keepkey and Nano to avoid compromised. stay away from online wallet. bettter to use software wallet than online wallet

Hello,

There is a new iOS bitcoin wallet called Lumi. They do not have access to your private keys and it is very easy to use. Check this one https://lumiwallet.com

There are lots of bitcoin wallets online and sites but im not trusting them. So im using a local bitcoin wallet because it is trusted and when im needed a fiat. Its easy to cashout using load or bank without hustle.

I use Electrum and also have a Nano S on the way. As for online wallets, if you must use one (which I wouldn't advise) make sure you it has multiple levels of authentication available, two or more factors should be secure enough.

Hardware wallets are a must for every serious crypto holder. I cannot stress this enough. Personally I have Nano Ledger S.

As a beginner, I recommend Blockchain.info. They allow you to create both BTC and ETH wallet in one account. And you hold the private key to your wallet. Meaning, Unlike exchanges, you have more power and control over your investment. As you advance, you can invest in hardware which give you absolute control over your money.

If you have a lot of bitcoin then I recommend you keep a little on the wallet that is so if you regularly trade on the floor dhcj you choose a reputable floor that you usually trade and to bitcoin on it or you just transfer and get bitcoin then use this online coinbase is quite good and when you have problems you send support you will be resolved in 24 hours

Here in the philippines we just have one wallet to use.
Just coins.ph for our transaction.
But I'm also using other wallet like, myetherwallet, waves and blockchain wallet.
It's just my opinion but for me it was trusted and safe.

You’d better use Blockchain wallet. It is the best choice for those ones, who just begin dealing with Bitcoins. This is a trusted wallet, and you can install it on your smartphone or use it through the web. Exodus is OK, but you can get only the desktop version.

I, too recommend a hardware wallet. You have fast access to your coins to trade it and you have the best security.

If you can invest in a hardware wallet then go for it. Most desktop and app wallets are free but the risk of losing your bitcoin is high. If it the app crashes and you don't have a back up, then recovering your bitcoin is impossible even if the wallet has a support team.

Wallets to be really safe should not be online. Cold storages or hardware wallets are generally safer.
But if you need to trade frequently, there some online wallets which look quite reliable, for example blockchain.info. As a second choice you may put your funds on exchanges. But keep in mind that's not a recommended choice if you need safety. Yet there quite reliable exchanges like The Rock Trading or Bithumb.

A third option could be to use Waves. Just add this plug-in to chrome and you can start to use their amazing platform: https://chrome.google.com/webstore/detail/wavesliteapp/kfmcaklajknfekomaflnhkjjkcjabogm (https://chrome.google.com/webstore/detail/wavesliteapp/kfmcaklajknfekomaflnhkjjkcjabogm)

Armory backed up to paper wallet is my choice. Hardware wallets don't hold more than 5(?) coins anyway, plus any hardware tends to brake down when you least expect it.

As a newbie you should try using Electrum lite wallet.

newbie tells other newbies what they "should" do? You should at least back your words with something else than your opinion.

I recommend you electrum wallet and ledger nano s. Both are safest

Store them in trezor or electrum wallets and also you can use blockchain.info.

As a newbie i recommend to used coinomi wallet because it is safe and fast transaction and have a lot of altcoins are there on these wallet so we can do exchange like Bitcoin to Ethereum. Coinomi wallet is the wallet i daily used and i have no problem with this wallet

For online wallet you can use coinbase or bittrex for bitcoin.Also you can use blockcha.info these site is very trusted. But offline wallet is best for security :)

Hardware wallets are a must for every serious crypto holder. I cannot stress this enough. Personally I have Nano Ledger S.

Some Newbies are Engineers and know exactly what to do and how help other Newbies ;)

For me I have my bitcoin wallet.I do earn my bitcoin here.And on altcoins iI have myetherwallet.Someone suggested me to use it.So now i am using it.

We all need to invest in a security. Ledger Nano S is not expensive if you look at the worth and especially
the future worth of your investment.

Hardware wallet like ledger wallet.

If you want make use of your btc for the trading then here my suggestion for you to out your btc at different different paltfroms like exchange , Wallet ( type of pc and mobile ) .
Here my recommendation form you to put your btc at the bitrex exchange and another amount of the bitcoin in the wallet , Because trading needed the perfect timing of the investment , if we will be Able to make investment at perfect condition ( without delay of the transaction of bitcoin due to confirmation ).
For the direct online store to your bitcoin , I would like to suggest you to use blockchain.info ( have Android app and also can be handle easily in the web version in pc and Chrome browser of mobile with latest version ) . And specially for the mobile Wallet you should try mycelium Wallet ( in this Wallet you will get everything to control over your bitcoin that a owner can , better and.much friendly ) .

Ledger nano s. I use it and it's perfect.

buy a hardware wallet. for example ledger wallet

I heard you should use hardwear wallets. just saying!

Electrum ? Blockchain, i used them after use blockchain i move the address into Electrum
simple but it's helpful

Well... Most of the expert here already point out that it is depends how many BTC you want to hold.
There are hot and cold wallets which you can choose. If money is not the issue, then go for the cold one, like Trezor, etc. It is the most safest way to store your coins.
Otherwise, Electrum is a wonderful choice. But you have to make sure you backup often and store the private key in a safe place.
On the other hand, if you want to trade often, Bittrex is also a good place to start with.

Hope this will help you!

yes you are correct it also have the private key with us. this is very safe

I think bittrex suttable.it is easy to operate too.

If you want a safe wallet for BTC, i would recommend  you the light version of electrum which is you can use as much addresses as you want. But if you want a safest wallet , you must buy a hardware wallet such as ledger or trezor, but it's quietly expensive.

Yes you correct hardwarewallet is the best but need to do quick trading purpose , online wallet is preferable