Bitcoin Forum

Should I just write it on a piece of paper? What do you guys use?

what wallet ? bitcoin or other coins ? just make it as clear question then we can answer your question.

I use MyEtherWallet & Waves.io wallets outside of exchange wallets both seem safe as long as u keep your #'s safe imo

If you're talking about a bitcoin or ethereum wallet, then definitely use hardware wallets. Specifically, Trezor, Ledger Nano S, or Keepkey; with your recovery seed written non-digitally, like on a piece of paper. That definitely should be safe enough.

The bitcoin wallet I use is blockchain wallet and coins.ph wallet.The blockchain wallet has high security so my bitcoin currency can be safe and many of bitcoiner using this wallet. For my coins.ph wallet, i use it for withdrawal. Most of people in this forum from the Philippines are using it to get cash out.

A hardware wallet like a trezor or ledger is the safest wallet imo

Hardware wallet, if you want to pay. Otherwise, You can use blockchain wallet; it is safe.

The bitcoin wallet i use is myetherwallet it is safe as long as you can't share to others your private key. Their are so many wallet that can you use, you need to secure your privacy to prevent from hacking etc.

The wallet safest to used is the coin.ph because, is the best wallet that you used than other wallets.

Blockchain is the safest wallet

Blockchain is the safest but coinbase is the safest as well as more user friendly.

As the user is posting it on bitcoin forum obviously it will be for bitcoin wallet itself.

It depends on what currencies you hold.  My favorite way to store is a hardware wallet.  It is a physical device, secure, not subject to malware on a computer when using the device, affordable.  A few options are Trezor https://trezor.io/, Ledger https://www.ledgerwallet.com/ or Keepkey https://www.keepkey.com/.

Yes, paper wallets are among the safest wallets you can use. There are risks as well though...

Other safe options include hardware wallets and cold storage.
Anyway you can use any wallet you want, but there are 3 main things to keep in mind in order to have your funds really safe:

1. The safest wallets are never online. Thus you cannot spend their money, but you can only store it for the long term.
2. To be really safe, backup your private keys and store them in - at least - 3 different places (for example a piece of paper, a USB stick and maybe your brain).
3. It's not important only which wallet you use, but also who can access such wallets. Stolen funds can come even from relatives, friends or collagues. Take care of your wallet, private keys, seed and store their informations only to very trusted people (for example your wife/husband).

try trezor or if you do not want spend money for it and have an old laptop, make a clean install of the system and install full wallet of a desired crypto and use it only for this, no other things.

I think you should also use the myetherwallet because its also used by my friends and its trusted.

I like to use a paper wallet.they sell on Ebay for $5 a creditcard like cold storage wallet.the private key is never used online untill your ready to spend.I just use it for coins I will hold long term.

As newbie I take this as an opportunity to explore myself concerning this business. I downloaded different wallet apps to discover it and while doing this I also make reading on a forum with the discussion about this matter just to see which wallet is using by many.  I usually check the rank of a person. So far I'm using the coinomi, myether, coinbase, and coins.ph(philippines).

errr... You mean someone else has had 'your' private key? And then you're putting money in an account that someone else has had (still has) access too...? Sure nothing could go wrong there O.o

Lol yeah I don't think that Ebay paper wallet thing is a good idea at all.

I have been suggested to use blockchain.info wallet for the better security and for the ease of accessing. When it comes to altcoins and for other tokens myetherwallet wallet has been suggested.

In my honest opinion, I believe that paper wallet is the best and cheapest option when it comes to the holding Bitcoins. However, one must generate it in the secure environment, store it in a safe place, maintain more than 1 backup copies at various locations to prevent it from losing forever. When it comes to the hardware wallet like Trezor, it is safe too but comparatively costly yet flexible to use as compared to that of paper wallet.

You don't need hardware wallets if you have knowledge how to keep your keys safe alongside with your computer. Hardware wallets just make it easier for "non-tech" people.

But yes go with paper wallet specially if you are looking to hold bitcoins for a long period of time. For extra security run live OS (on CD/USB) without Internet connection and print it to multiple copies and hide them on more places: for security purposes. Since you need to make sure that you won't lose it.

You may also want to look at HD:deterministic wallets (BIP39 , BIP44) you can google this to see how it works. In short this wallet gives you a "seed" / "mnemonic" that you need to know/save. With these "seeds" you are able to generate bitcoin private key and address not one pair but multiple of them. This can come handy if you need more than one address and also if you are keeping/storing many other cryptocurrencies as many of them support this feature as well. Which means by backing up this seed you can get access to many private keys for other coins as well, not just bitcoin - this is mostly the way how some multi-coin wallets store your private keys and public key in the first place.

But I would go with paper wallet why not.

Paper wallets are a really clumsy way to store your coins. Not only that they take time to make, can be read by anyone that breaks into your house, easily damaged by water. With all the advanced options users have I wouldn't choose a paper wallet, unless I was afraid of an EMP attack, but there are safes with EMP protection if you're that paranoid.

i use myetherwallet.com  but it depends on you which wallets you wil use

Pieace of paper is safe , other option is hardware wallet

Blockchain is the fastest wallet, but i use coinbase..

i will say the safest for ethereum MEW and for bitcoin you have plenty but the one you should look for is the ledger Nano S

I find the Trezor wallet it works for me,
It is a hardware which I find to be safe and a secure
Way to store your BTC.
My preference, but a lot of other ways to store, do some research
And decide what's suits you, always keep in mind security.

I think you should look more closly to coinbase cause it is one of the most safest and friendly for begginers (easy to use) users to just have some amount of coins on it.

why there are so many wallet and why people use different type of wallet?

The easiest answer (cause there are more than this) is that it is like in companys, why you have so many diffrent brands of phones, drinks, boots cause every "company" want to earn and people pick one of them cause of number of coins, tax, fast or even is someone just recomend it to someone.

If you need a safer wallet, you must buy a hardware wallet. It is the best and safest wallet for your bitcoins, but its more expensive than the others.

Safest wallet is common sense.
People owned Trezor but still lost Bitcoins. Why?
Because they gave their seed on some third party website to claim Bitcoin Cash/Gold and soon Diamond.

Never give your seeds. Use air gaped PC preferably Linux such as Tails with electrum for Bitcoin.

Read the guides on how to secure your stash. Treat it like a treasure because it is.

Edited:
oh and make sure to create backup of the seed on a physical paper for yourself in case you lose hardware wallet.

for ethereum platform i use myetherwallet and for btc i used blockchain. metamask is good also. much to choice

I think you should also use the myetherwallet because its also used by my friends and its trusted.

safety is better than sorry, so for me i better to choose bitcoin core and electrum bitcoin wallet. this two wallets are i trusted most. but i didnt say that the other bitcoin wallet are not safety to use, maybe i have found some features from these two wallets that suits to my needs. you can include this two wallets for more options to choose.

I prefer coinbase. But make sure your security measures are active, like two factor authentication and strong password

No, you're wrong, any online wallets is not safe, at them there is a human factor. You need to use desktop wallet, it will be safe enough

I probably recommend the Blockchain wallet because the security is awesome. A 4-digit PIN is used to access your wallet on your phone. It not only shows the balances of each of your Bitcoin addresses, it can also scan QR codes and display on a map the location of nearby merchants who accept bitcoins. The only thing it is missing is the ability to handle other digital currencies.

For me the safest wallet to use are Coins.ph, Blockchain, and myEtherWallet. Because their security is very difficult to hack.

I think the safest wallet to use is coinbase because coinbase gives good security and many trust him now.

I find the Trezor wallet it works for me,
It is a hardware which I find to be safe and a secure
Way to store your BTC.
I found an interesting project recently but Im in doubt. Mytimecoin, its like casback by coins for watching or using information from partners of it. Have anyone heard about it?

Paper wallets are safest to use but most difficult to manage

from the moment u use internet wallets there i a danger

You should buy yourself a ledger nano s hardware wallet. It costs about 70€ and to be honest it isnt exactly user friendly when it comes to people who have never been in touch with cryptocurrencys at al - but still there is a lot of information on their website and the internet in general on how to use it and a hardware wallet is by far the safest option you can choose because your private keys will never be physical in touch with your computer exposed to the internet.
Even if you use a paper wallet you still have to type in your keys at some point if you want to use or acces your wallet - and then a keylogger could log your keys. This can't happen if u use a hardware wallet

I think safest wallet is coins.pH this is very easy to use and  safe i think this is a kind of wallet to use for a new member like me can use this because very easy to use

For me the application coins.ph

Hardware wallet security high
Desktop wallet security medium
Web wallet security low

for BTC you may need ledger nano as the hardware wallet, and about software you may try blockchain, actually every wallet is safe and has high security. it depends on you how do you use it, if you just give someone your seed or private key, then however safety or security from your wallet is in vain. so just keep it secure.!

Hey !
here are some recommended wallets
https://www.buybitcoinworldwide.com/wallets/

If we're talking about a Bitcoin wallet, Coinbase is the one for me. It's reliable and provides with accuracy the Bitcoin, Ethereum and Litecoin price range too. It also has an app.

The safest wallet to use is defenitly Kraken. Though you also buy fysical wallet called "ledgers".  Good Luck!!
 :D

The least secure thing one could imagine is using a piece of paper to save your bitcoins. It could easily get misplaced, torn, or damage in water and other conditions.
If you want a hardware wallet (much secure than paper) ,you could use trezor or ledger.
Personally, I would recommend Electrum, which is a desktop wallet. I would suggest you to encrypt your wallet file and make a secure backup of it somewhere else in case the computer crashes and breaks down.
I don't recommend anyone to save their bitcoins on online wallets like blockchain.info or coinbase or any exchanges, because you have to trust a third person to secure your funds. There is a little possibility of it getting hacked or owners taking away your bitcoins.
There is a simple saying, "If you don't hold the private keys of your bitcoins, then they are NOT YOUR Bitcoins !"

which web wallet is the most safety?

MyEtherWallet - however do not get scammed with slack email post. Lost bloody 3 ETH.  Just remember this is the jungle and you must be attent at all time. I do not have money for a hardware wallet.

all wallet is safe..but to be safest just secure everything and dont give it to others or neither speak to anyone. and most of all dont use password that is easily get or track.

If you mean bitcoin wallet.. it will be better if you choose blockchain or coinbase wallet,, but if you want to save your bitcoin in hardware wallet, you may use ledger nano s wallet and keep secure your seed. Those are the best wallet that i knew.

There is no safest wallet.Even the hardware wallet can be stolen and hacked due to human ignorance and the less secure wallet can be made secure by human intelligence.I would advice you to use cold storage if you want to hold large amount of bitcoin for long term and use hardware wallet if you want to do daily transactions.That should be sufficient and make sure the wallet you use for cold storage gives you access to your private keys.Paper wallet can be considered a safe cold storage option :)

Those wallets where you can store your private keys,this are the safest wallet to use just dont give to anybody your private keys cauae they might steal all your money and your  tokens.

There is nothing called safest wallet.. Risk is there everywhere.

Any wallets that you can keep your own private key or masterseeds.

paper wallet, or hard wallet like ledger nano. or electrum cold storage

Ledger nano and electrum seems to be the safer wallets in review pages.

Is you`ll download all blockchains for your coins, it would be the safest choice for you  ;)

I use MyEtherWallet & Waves.io wallets outside of exchange wallets both seem safe as long as u keep your #'s safe imo

He does not say about what is coin wallet that he need. I have some suggestions hope it will good for this issue.
Bitcoin: blockchain or coinbase
Ethereum and ERC-token: myetherwallet
They're the safest wallets to use.

paper wallet is best wallet.you can also use desktop wallet for cold storage.For online wallet you can use nanny wallet.among them coinbase and blockchain is also good.

Paper wallet, Hardware wallet-KeepKey, Software wallet-Jaxx

I do coins.ph since im in ph. but you have to specify the kind of coins or alt coin and the place where you will be using it.

I use blockchain for bitcoin
MyEtherWallet for ETH and some alt coin
U can try, cuz i thinks all reply in here almost use that

I wouldn't store large sums on Coinbase. I'm sure that they are secure but you have to believe they won't be hacked or anything else. At one point in time, people trusted Mt. Gox and we all know what came out of this. So it's better to store funds where you have your private keys

I use myetherwallet for all my altcoins, it's practical and smooth in transactions.
And I also keep a TREZOR, cause I think that hardware wallets are more protected.

A hardware wallet like a trezor or ledger is the safest wallet imo

No online wallet is 100% safe from hacks. But, using multiple wallets is better than putting all your funds in a single one.

I use myetherwallet and waves  :)

1.Web Wallets (Hot Storage)
             Easiest but the least safest.

2.Desktop/Mobile Wallets (Hot Storage)
             Better than web wallets but depends on a 3rd party server.

3.Hardware Wallets (Clod Storage)
             Simply a USB dongle.

4.Paper Wallets (Clod Storage)
             The private key printed on a piece of paper.

5.Other types of wallets
             Eg:-Meta Wallets,RFID enable chip

This is a tossup between hardware wallets Trezor and Ledger...

I would still recommend using a desktop purse, and do not forget that nobody can disclose the generate key

I use Myetherwallet and blockchain wallet. I buy BTC, ETH, USDT on Remitano

hi guys.. newbie here!! im using eth wallet.. is it much better than other wallets? dont have enough knowledge about it.. thanks

Which crypto are you dealing with? If you are using multiple crypto-currencies then it is best to have a seperate wallet for each one like My Ether Wallet for ethereum, Mycellium wallet for Bitcoin and so on. Just make sure you handle your private keys securely.

We used hard wallet ledger because it cannot be hacked by scammers. It is more safe than online wallet.

Tails os on flashdrive with Electrum wallet on it.

Freewallet is very convinient. I use it already for 2 month and now problem so far. Moreover there is no comission for BTC inside the platform.

You can choose hard wallet if you want. Nano ledger or Trezor

I use MyEtherwallet which I think is safe until now

MyEtherWzllet. I use it and I'm fine with it. Seems safe and sound, and if it works - why change it?
I recommend it.

i was about to ask this question thanks tho

Safest wallets to use are ledger, trezor but they come with a price. If you want you can use paper wallet instead or other wallets like myetherwallet for Ethereum, rippex for ripple, DeepOnion qt for onion etc. Always remember to use wallets from official sites only.

For Etherium based tokens my ether wallet or meta mask wallet can be used and for Neo based tokens Neo tracker wallet can be used.

As I know the are a special wallets for the every coin so it's better if you mention what exact coins are you into.

Acording to me, blockchain, trezor and myether are the easiest and safest wallet...

I use both Electrum and Coins. Ph..  Both are safe wallet..  I use coins. Ph for Withdrawal or convertion... While I use Electrum for Earning Btc..

Pretty good..  Both are safe..

I do desktop wallet too, thought this is the safest way to store coins, but hardware ledger sounds very secure too

Depends on what coins you are holding. For ERC20 I like MetaMask and MyEtherWallet.  They seem to be the easiest.  Good luck.

Here is a very thorough and comprehensive read on everything you need to know about wallets
http://bitemycoin.com/how-it-works/the-safest-cryptocurrency-wallets/
Best of luck!

Ledge Nano S is OOS on their website...any other trusted places we can buy it?

I just make my block chain wallet.... Make one of your non!!!
Good luck!!!!

Honestly, it is hard to know what is safest wallet to use,  because there are risk.
There are trusted wallet but not really safe if you don't careful.
But my currently use is MyEtherWallet it was good and I think you should use this wallet.

downloaded different wallet apps to discover it and while doing this I also make reading on a forum with the discussion about this matter just to see which wallet is using by many.  I usually check the rank of a person. So far I'm using the coinomi, myether, coinbase, and coins.ph(philippines).

depends on the crypto you want to store, but https://jaxx.io/ is user friendly & you have full control on your private keys, https://www.myetherwallet.com/ also
if you are looking for a hardware storage, I suggest you the Nano S https://www.ledgerwallet.com/

Regards.

Myetherwallet and ledger are your choice. Safe and simple - what else do you need from a wallet?

I use blockchain wallet for store bitcoin and myetherwallet ( MEW ) for ethereum . But using online wallets for store coins is not safe anyway.  Hardware wallets are very good option if you think about security

I only trust hardware wallets, I have both a Ledger Nano S and Trezor, I am happy with both!

Blackchain.info
I did make one for myself because it was included on the wallet list that most preferable bitcoin wallet.

and you can can make transaction anyone in the world not some wallet in my country that is limited to bitcoin (no other kind of crypto) and our fiat only..

if you want bitcoin wallet then blockchain,electrum(now it has some problem),jazz wallet etc.if you store eth or ethereum based token then you need use myetherwallet web wallet,metmask,etc.

A safe web wallet for example uses a secure socket connection which means https in the url bar and allows you to control the private keys or own these or export to another wallet.

I personally use Paxful easy, convenient and secure

paper wallets i also a hardware wallet that is extra safe, it depends on where will you keep the paper wallet

MEW.
myetherwallet is very safe

I use My ether wallet and Coins.ph :)

Personally I'm thinking to store all my wallets on a metallic plate (QR code) and copies on plastified paper. I want to store the first in a safe-deposit box in my bank insured for 30.000 € - even if the value of my wallets in theory could be greater - and the latter in a secret and inaccessible place that even CIA can't find ;D As if it isn't enough I'm going to use my personal "system" for the letters and numbers wrote on the paper.

Frankly I don't understand why people don't use safe-deposit box. For less than 30/50€ per year you can keep your box in the vault of a bank. 1 key is for you 1 key is for the guy with a gun that lives in the vault. Evey time you enter you have to sign the attendance register. If your box is stolen or if the bank cannot find it (e.g. earthquake, meteors etc.) the insurance company have to pay out 10-30k (or even more) immediately with real money even if your box was empty. Way better than an USB device in my opinion.

p.s. Yes, I am a bit paranoid :o

keeping crypto in bank valut is like shooting yourself in the knee :-)

As the name implies, you record the public key (bitcoin address) and private key on a piece of paper. You can send the bitcoins you get from each bitcoin client to the bitcoin address generated by the paper wallet. P2pbucks provides this service. However, please note that the address and the private key on the paper wallet are public, which increases the chances that the bitcoins will be stolen, so you must protect your paper wallet files!

Why? What's your opinion? Don't forget that I am paranoid so I must know it! ;D

A hardware wallet is the most secure. Regarding the recovery key for the hardware wallet, you can encrypt and store it on a reputed cloud storage.

I trust only myself, i am using Nano S (https://www.ledgerwallet.com/) hardware wallet
It has 24 randomly generated memonic key

The banks are against us, against crypto community, do not trust them ;-)

For me the safest wallet to use is coins.ph because it is the most highly recommended by many people in my country which is the philippines.

Bitrex, etherdelta and binance are now widely used for trading purposes. I see in this list also bitrex most choosy wallet among the forum member. I also use freewallet, it's a very trustful one.
Whatever wallet you chosee, you have to choose the best coin on daily basis to invest that is enough and make sure all passwords are safe enough and better use clean e-mail to register so that noone try to get your wallet info through it.

In my country which is the philippines we use coins.ph because it is the most trusted bitcoin wallet that is being used by many people in my country.