Bitcoin Forum

Hello Everyone,

There are few famous wallets for bitcoin like blockchain and coinbase. But actually, i have been using them for a long time ago. But I want to get another good wallet. So, which one will be better? Please Suggest Me.

Thank You.

I'm in the same boat, been using blockchain.info for a while now. I'm thinking about moving to a trezor

Someone said that now he use blockchain but he wants to move on trozan but if I not wrong coinbase maybe good for bitcoin

Both are equally safe, blockchain.info there is a privates key, so safe for storage, because if you lose your password, or access difficulties, with privates key you can get it back.

but remember never share your privates key to others, and be careful about phissing emails on behalf of blockchain.

Coinbase, you can generation your wallet address as much as possible. For privates key, I do not understand for this wallet.

But to my knowledge, all securely store in both account address of the wallet.

In fact the best thing that you can do is just get yourself a hardware wallet, maybe you are thinking that this is a joke, but a lot of people have already lost their bitcoins because they were storing their btc's in an online wallet.

And they are not expensive, just tell me, do you think that paying $49 for a single wallet is expensive? of course not, becuase you are going to protect it almost forever.

Coinbase is safe, the same happens with blockchain.info, but they are online wallets, and that is why i have never liked them, a hacker can get your funds easy from there.

Just get a trezor

Buddy you can use any wallet if you have or own its private key. I don't know about blockchain wallet but I had used coinbase before. Its a good wallet but after all its an online wallet and its not safe to store your coins in an online wallet.   It can be hacked by a hacker. Just remember what happened to nicehash. So its better to keep your coins in a secured wallet . You can try electrum. Its a good wallet for storing your coins.

Trezor or Ledger Nano S is equal in functionality but only the price that makes difference.
Online wallets (not giving out private keys) are not safe, so you should only store little amount of bitcoin in online wallets. Other wallets on the web are a bit safer, if they give you your private key or seed, but you should consider that if you have to use your private key or seed on a webpage to interact with your wallet, you have to input it on the webpage. There are several possible points of attack: Keylogger built into keyboard, keylogger built into the OS on the PC, malware on the PC, phising website to grab your key, or man in the middle attack while your key are on the way to the website (travelling on the web from your PC to the wallet's server).
If you use a hardware wallet, the private key or seed won't be shared with anyone (PC, keyboard, internet, website, etc.) With a hardware wallet, you only send signed transactions from your PC, from which the private key or seed is not extractable. Everything in the process that needs a private key happens on the hardware wallet itself this is why they are really safe choice.
You pay for this safety and not only for a wallet itself.

Extremely vague question.  You would have to outline what circumstances you want to store them in - do you want a wallet to spend regularly from?  Are you willing to pay for a hardware wallet?  Do you want cold storage?

For a generalised list, you could try looking at bitcoin.org's suggestions (https://bitcoin.org/en/choose-your-wallet).
You can't access your private keys from Coinbase.

Generally, the most important feature for a Bitcoin wallet is to access your private keys.  The second most important feature is the ability for you to keep those private keys secure.

The best wallet for bitcoin is electrum or if you are going to store big amount of bitcoins then buy a hardware wallet basically hardware wallets are needed if you want to store more than one bitcoin.The blockchain and coinbase wallets are totally insecure if you are going to store your bitcoins the hackers can hack online wallets easily.

Electrum is my choice of bitcoin wallet too. I've hear blockchain wallet a lot but didn't use it as I'm pretty much happy with mine. It's safe and easy to use. That is what I all expect.

For the best security then hardware wallet would be the best choice but if your looking for a daily use wallet that comes with many features of connectivity to your local businesses and banks then a local bitcoin provider that is online and widely used in your country is much more practical. So if that’s what you want, take time to ask in your local boards a section in this forum

Them being famous doesn't mean by any measures that they are the best. Heck they're not even considered safe in any way. I wouldn't store anything more than $20 on any online web wallet. Specially the ones you mentioned.

And of course there's a few reasons for why you should never use or trust a web wallet.

1- Most of these wallets don't give you access to your private keys. Which means you practically don't have access to the coins you own. If the wallet gets shut down/hacked/stolen or just has connection issues and you want to make a transaction, you can't. And the word "you don't own the coins" is no joke. When you have your private keys, you have full control over your coins and can use any wallet whenever you want. But that's not the case in online wallets.

2- You can get robbed easily. You just a wallet id and a password that can be stolen using a key logger if installed by a hacker on your computer or entered by you by mistake on a phishing site (well you can kinda avoid this by using 2fa but why put yourself in such a situation if there are safer options ?). Well they themselves can get hacked ! Remember Nicehash ? YEAH.

The best option is to use a wallet like electrum. But there's actually a safer and higher privacy wallet available out there and I'm talking about hardware wallets like Ledger Nano s. In fact, I just ordered one and it should arrive in a few days. That's the best if you plan to hold on to your coins for at leaset a few months.

I use Blockchain info in my opinion a very convenient and reliable wallet. Of course, I have recently been engaged in crypto currency, but there have been no complaints yet. Good interface, understandable. Excellent protection

Depends on coin i think

useless question unless you tell us what machinery you want to use with it.

and in this day and age it's not a good idea to have a wallet without total fee control. when fees return to normal it's possible fixed ones won't and you'll be throwing away alot of money.

Personally I had no experiences with those wallets mentioned and for me myetherwallet still the best, because it has a private keys and file back up used as your safety when you loss your private keys. If you want to store your bitcoins now maybe you can use also coinsbase wallet and I can recommend also this, because of its safety features which has email confirmation prior access to the wallet environment.

They are equal, you are right, but you are buying a physical wallet, and you need to consider a lot of things before buying, not just the price.

The Ledger nano is much more resistent than the trezor, trezor is very flexible, and if it falls from your table it can be broken in just a few seconds.

The ledger seems to be more difficult to break.

I have both, and until now, i have never had any problems with them so far, only that the network has been down for some moments (for both of them; trezor & ledger)

I have been using blockchain and coinbase for a more than a year now and I can say they have been the best and most secured bitcoin wallet.I don't know what makes you want to create another wallet but I'd recommend Tregor. It's another wallet with very high security.

Don't use coinbase because they aren't very reliable and are sharing intel with the US gov. Blockchain is ok, but it's still an online wallet. If you want to be safer use a desktop wallet like Electrum. IMO it's still the best wallet there is. I've been always using qt up to a point where it became annoying to use and update every time (somewhere in 2015). Electrum is the second best thing.

Be careful with online wallets.
I suggest you get one which is offline.
Atleast store half of it there just to be safe.
Same with trading websites which are offering now to give the airdrop from the fork that will come.
They want you to store your bitcoin with them. That means something. It could be bad or good.

Just got my Trezor, very happy with it! Not to mention it's the safest option. Storing in an online wallet or hard drive wallet is to sketchy. Hackers are on the rise with the bitcoin price going up.

Someone said that now he uses blockchain but he wants to move to trozan but I'm thinking of moving to trezor.

You could use electrum wallet.I have been using it or the past two years.Its safe to use.We could even set our transaction fee manually.But it should have to be downloaded from official website Electrum.org and not from fake websites.

I personally use Bread wallet and i never have a problem with it, always work for me.

I personally use one on exchange and my big prize is on Ledger Nano S. Friend recommend to me and Im more then pleased with this and would highly recommend it to anyone to use it. Simple and with no worries, except when you lose your 12 word pass then can be little tricky.

Electrum for bigger amount, Mycelium for smaller amount in mobile phone

I personally use electrum wallet, it is easy to setup and very secure..  I don't think storing BTC in online wallets is a good idea.

In my country (Philippines) the best wallet for us Filipinos is coins.ph because in this wallet we can easily convert our bitcoins to Philippine peso which is really convenient for use and also this wallet has many features like paying bills online.

I have been using coinbase and blockchain.info  for the last two years. They are very safe and convenient. I haven't had any problem with them. I have also used electrum which is also a good desktop wallet.

There are some previous topics related to this issue, you can refer to them. I will also have a few tips for you. If you own a lot of Bitcoins and need security, you can use hardware wallet as the Trezor or Nano S, which is very safe and very good. Another alternative for you is Electrum, it's a software wallet on the computer, I'm using it and feel pretty good about both security and asset control issues. This is my own opinion, the choice is yours :D

You have to pick the wallet based on your usage I am using blockchain wallets it is secured than coinbase because it have private key so your savings will be secured.But if your going to store your bitcoin for long term or your have more than one bitcoin then it is better to go with hardware wallet or paper wallet like electrum.

At this moment, I am using an e-wallet which is an online app to store my Bitcoin. It is a bit secured , why do i know? because accounts are connected to another account. It is called as coins, from that I am able to convert my Bitcoin into fiat or regular currency especially if it s not yet legal in your country. so that I would still be allowed to use it.

I personally suggest having multiple wallets to avoid being hacked. Have a wallet to be used for receiving bitcoins, a different wallet to be used for sending bitcoins, and another one or a cold storage/hardware wallet to be used to store your bitcoins secretly and offline. I would recommend Ledger Nano S for hardware wallet. Having a storage of your bitcoins means that you are storing it for long term for you not to withdraw easily.

I think the best one is TREZOR. I can't say for sure since I don't own any yet.
 I wanted to order it but it seems they are out of stock now. So, I will order it when next sale appears.

Actually, both are equal safe but I used coinbase & I think coinbase is the best for bitcoin.

Coinbase is okay as a wallet but the fact you do not control your own keys is always a problem, Blockchain you can have your keys so if they do go down you should be able to retrieve your coins.

I find Mycelium is a great wallet for Android, you get your keys and the interface is very user friendly, the best of all would be to use a hardware wallet and they are quite cheap now.

This question seems to get asked every week. Get a hardware wallet, either a Nano S or Trezor. Trezors are not delicate I have an original from 2014 that still works fine.

blockchain and coinbase is most trusted wallet in always. Because these two wallet are more secured in cryptocurrency. But if you want to choose another wallet Electrum is the good in current market.
Many peoples are using in Electrum it is one of the top 10 wallet. In future many updates are available in this wallet. So this is suit for everywhere.

you can try blockchain.info to keep your Bitcoins safe, also, you can use hardware wallets.

It is the first time I heard about coinbase; in regard on my opinion, I think coins.ph is a good too for Bitcoin. It is very popular here in my country and it is really easy to use and understand. I recommend it to all my friends.

I use Mycelium and Blockchain.info. Coinbase is also not a bad choice.

Those wallet you included are very good wallets. Well, blockchain is the best wallet for bitcoin though. But right now, sending fees are now high! So it is better for you to find wallets that will pass bitcoin to another wallet with only a little fee.

My suggestion is only use that wallet which offer user total control with private keys. HOLDing Bitcoins on third party wallets which don't offer private keys is like risky.
 
In my opinion blockchain.info is the best wallet, along with blockchain.info, Hardware or desktop wallet with appropriate precautions is also great ways to keep your Bitcoins safe and secure.

Those wallet you are using now are only mobile wallet, blockchain is a good choice other than coinbase exchange wallet, if you want to use another wallet it is good to use desktop wallet like electrum or if you have an extra budget, go and buy hardware wallet like trezor or ledger nano.

I think now a days coinbase is best for bitcoin because it is safety and easy to express

I have never seen so much bad information in a thread. If you don't own your private keys offline your bitcoin can be stolen. Blockchain.info is probably the worst damn wallet out there because it sets fees too low. We get more frantic requests for help with stuck transactions from blockchain.info than any other wallet. But go ahead, use whatever POS wallet you want just don't beg for help when you have problems.

There are two types of wallet;  a cold wallet and a hot one. The cold wallet is to store your bitcoins offline  which means without direct access to a network due to security vulnerabilities and all other risks associated with a hot wallet. The hot wallet is in reversal. The cold wallets are more secured than hot ones, because they are offline, on physical drives and not prone to platform hacks and so on. The most widely used cold bitcoin wallet is ledger nano s. While Coinbase and blockchain are the most widely used hot bitcoin wallet. So it depends on your preference.

People are demanding bitcoin and are ready to invest in to bitcoin and make out good amount of money so to fulfill all their needs and wishes. People are working hard to enlist their name among the rich of tomorrow and secure their future.

People  are much pleased with this technology. Many wallets are present but I think PayPal and coin based account are much safer and easier to be used for the mass

Ever since, I've always believed in coinbase. But lately when I want to send bitcoin to another address, I'm shocked to see the transfer fee is 85000 sts = $ 14. What's happening. So now I'm going to blockchain

Oh i use Electrum Wallet
I think electrum is another best for bitcoin wallet, safe, high security, and you did'n sync blockchain on your computer

IMO the best wallet to keep Bitcoin is cold storage wallet like Trezor and Ledger Nano S cause they are the most secure wallet for now :D. Web wallet like Coinbase and offline wallet like Electrum are also good when you set up 2fa for your wallet but when the website is down forever you will lose all your Bitcoin and with Electrum if anyone can hack your private key they can easily access to your wallet and steal all your Bitcoin :D. But with cold storage wallet, although anyone can access to your wallet but they can't steal your Bitcoin if you don't connect the wallet USB to your computer :D

I've been using the online blockchain online purse for six months, but lately I've been paying attention and looking closely at the cold wallet Ledger Wallet. He is more secure in all respects.

Around 1 year I was use coinbase wallet and So far, I have not faced any problem. So, I think coinbase wallet is the best for Bitcoin Now!

U can use coinbase blockchain and coinbase wallet becoz these all have most secured parameters from which u can safe for bitcoin.

Paper wallet or other cold storage: A paper wallet is simply a document that contains all the information you need to generate the bitcoin private keys you need. It often takes the form of a piece of paper with a QR code that can be scanned into a software wallet when you so desire. By storing your bitcoin offline, trusting nothing and no one but yourself, and you have all the information you need to control and access your bitcoin, you're using the strongest "cold storage" method out there.

I recommend using a paper wallet so you have a physical backup of the private key..

I'm using Ledger Nano S since september. So far, so good. They've been supporting major forks and their support is responsive.

you can use any wallet which you think that its easy for you to use. any wallet that have their private key is safe. so its your responsibility on how to keep it safe.

One of the wallets that I use is Electrum wallet.
I have very good impressions from him.
So my suggestion for you is this.

All wallets are good storage for bitcoin but I would suggest you use the wallet that is supported by your country like here in Philippines we have coins.ph I use it because transferring my money from coins going to my bank account don't have transaction fees but if I'll be using blockchain there is a big amount of transaction fees that is a burden for me besides coins.ph is also supported by our governments

Well, there are few great wallets out there that are more user friendly and secure than both blockchain and coinbase. You should try Luno or Xapo, they are my best and favorites online bitcoin wallets so far.

Yeah they say trezor is better but you also need to buy it for you to have a good wallet, so even if you transfer your btc to trezor the amount of your bitcoin will not change.