Bitcoin Forum

Other => Beginners & Help => Topic started by: Hunter#12 on January 24, 2018, 03:35:57 PM



Title: Wallets?
Post by: Hunter#12 on January 24, 2018, 03:35:57 PM
Hey there I am looking for a easy and safe wallet to use, to do my transferring buying selling of my BTC?

Any suggestions please? ;D


Title: Re: Wallets?
Post by: AdolfinWolf on January 24, 2018, 04:28:01 PM
Hey there I am looking for a easy and safe wallet to use, to do my transferring buying selling of my BTC?

Any suggestions please? ;D

If you're looking for a safe and easy software wallet, i'd advise you to use something like Electrum (https://electrum.org/#home), which offers both security ( only you have access over your private keys), and all the functionality the bitcoin protocol currently has to offer. ( Segwit, RBF, HD wallets etc.) Something a wallet like blockchain.info doesn't offer.


Title: Re: Wallets?
Post by: OmegaStarScream on January 24, 2018, 05:30:28 PM
With the current bitcoin price, It may be better for you to invest in a Ledger nano S or Trezor If you have anything above 1 BTC.


Title: Re: Wallets?
Post by: JanePorter on January 26, 2018, 06:27:40 AM
To save Bitcoin for long term is using Trezor hardware wallet.

If you are thinking about trading your BTC you'll need an exchange wallet. My favorite exchanges for bitcoin beginners are Coinbase, Gemini, GDAX, Bitstamp, and CoinMama.


Title: Re: Wallets?
Post by: Alluro on January 26, 2018, 06:33:53 AM
I don't think so you are going to buy a hardware wallet or willing to download desktop wallet. You need easy wallet I can suggest blockchain or coinbase they both has mobile apps as well.


Title: Re: Wallets?
Post by: Tamboran on January 26, 2018, 07:00:49 AM
For high-security wallet, you better using Ledger nano or Trezor https://trezor.io . It has full modules and documentation how to using it inside or you can using Blockchain web wallet for other alternatives.
 


Title: Re: Wallets?
Post by: hostrm on January 26, 2018, 07:19:26 AM
I agree with all of the above.
* Buy a Ledger Nano S
* Buy a TREZOR
The price for them is less than $ 100


Title: Re: Wallets?
Post by: A1exander on January 26, 2018, 07:27:13 AM
Hey there I am looking for a easy and safe wallet to use, to do my transferring buying selling of my BTC?

Any suggestions please? ;D

It depends on the amount of BTC you have. For small amounts an online wallet may be enough. Electrum (https://electrum.org/ (https://electrum.org/)) is an excellent desktop wallet for something more serious. If you have 1 BTC or more, you should consider a hardware wallet (Ledger or Trezor) or cold storage.


Title: Re: Wallets?
Post by: Temik2704 on January 26, 2018, 08:06:46 AM
Best choice for you will be a safe hardware wallet like Ledger Nano S or Trezor, but i prefer the first one. You can hold lots of coins there, for example: BTC,BCC,NEO,LTC,STRATIS,ETH,ETC,every ERC20 token and many other coins.


Title: Re: Wallets?
Post by: upekhaanthony on January 26, 2018, 10:15:34 AM
I personally used coinbase and blockchain.info online wallets. But the most secure ones are hardware wallets.  TREZOR is a good hardware wallets. if you are trading it is better keep your bitcoin in secure exchange like binance,bittrex ,polonix etc to avoid account to account transaction fee.


Title: Re: Wallets?
Post by: TMAN on January 26, 2018, 11:04:45 AM
I personally used coinbase and blockchain.info online wallets. But the most secure ones are hardware wallets.  TREZOR is a good hardware wallets. if you are trading it is better keep your bitcoin in secure exchange like binance,bittrex ,polonix etc to avoid account to account transaction fee.

DO NOT DO THE ABOVE....

Unless you own your private key you do not own your bitcoin.

Hardware wallets and paper wallets for cold storage, leaving funds on an exchange is risky.  MTGOX, BTC-E  lots of exchanges have gone down.. one of my RL friends lost out 300BTC on the MTGOX fiasco..

get yourself a ledger nano S.. simple to use and safe as houses.


Title: Re: Wallets?
Post by: ethantaylor on January 26, 2018, 02:49:33 PM
I personally use Blockchain.info so I recommend it. It's easy to use.

And like @TMAN said above, I don't recommend using an exchange website as your wallet.


Title: Re: Wallets?
Post by: AdolfinWolf on January 26, 2018, 02:55:55 PM
I personally use Blockchain.info so I recommend it. It's easy to use.

And like @TMAN said above, I don't recommend using an exchange website as your wallet.

It's not like the Blockchain.info wallet is any different in functionality than an adress on coinbase/poloniex really...

There's no direct access to your private keys, no added functionality such as double spending in the form of replace-by-fees, and blockchain.info could change their source code at any moment, which could possibly compromise your ( encrypted ) private keys/ seeds/ to them.



Title: Re: Wallets?
Post by: Dudeperfect on January 26, 2018, 03:07:06 PM
If you are looking for safe as well as easy wallet then you can go with hardware wallet like Trezor. It has passed many tests even the hackathon so you won't have to worry about your funds If you are using that wallet. Recently I had a discussion with the vice president of domestic Bitcoin exchange and he said that "Even I uses hardware wallet in order to store his funds and I recommend others to use the offline methods of storing Bitcoins and cryptocurrencies." However, if you are not willing to use hardware wallet then you can use a securely generated paper wallet and store your funds there.


Title: Re: Wallets?
Post by: ShawlyNot007 on January 26, 2018, 03:12:53 PM
Any recommendations for storing various AltCoins
Want to take them off the exchanges and try and keep them altogether in one wallet preferably!


Title: Re: Wallets?
Post by: AdolfinWolf on January 26, 2018, 03:21:45 PM
Any recommendations for storing various AltCoins
Want to take them off the exchanges and try and keep them altogether in one wallet preferably!

I'd suggest something like Exodus (https://www.exodus.io/) or Jaxx  (https://jaxx.io/)(although jaxx has had some issues in the past.), if you're going to store on your desktop.

If you're going to store them on a android / iOS device, i'd advise something like Coinomi (https://coinomi.com/), which supports bitcoin and a whole lot of other coins, ( over 200).


Title: Re: Wallets?
Post by: SerHodlot on January 26, 2018, 03:53:00 PM
use metamask..

otherwise get yourself a hardware wallet... ledger or trezor and get those coins off those exchanges!


Title: Re: Wallets?
Post by: MYANTI1 on January 26, 2018, 04:00:38 PM
According to your question, easy transferring, buying, selling and save. the wallets that can do all these things are:
Ledger, Flitpay, Mycelium etc etc.


Title: Re: Wallets?
Post by: odolvlobo on January 26, 2018, 09:06:18 PM
I personally use Blockchain.info so I recommend it. It's easy to use.
And like @TMAN said above, I don't recommend using an exchange website as your wallet.

It's not like the Blockchain.info wallet is any different in functionality than an adress on coinbase/poloniex really...

There's no direct access to your private keys, ...

That is not true. Blockchain.info is web-based, but it gives you, and only you, access to the private keys.


Title: Re: Wallets?
Post by: MR2O4 on January 26, 2018, 09:36:04 PM
I personally use Blockchain.info so I recommend it. It's easy to use.
And like @TMAN said above, I don't recommend using an exchange website as your wallet.

It's not like the Blockchain.info wallet is any different in functionality than an adress on coinbase/poloniex really...

There's no direct access to your private keys, ...

That is not true. Blockchain.info is web-based, but it gives you, and only you, access to the private keys.

Correct, you have the private keys with Blockchain.info.

If you want to trade regularly, I'd advice keeping some coins with your chosen exchange, for example coinbase, as there is cost involved transferring between wallets.


Title: Re: Wallets?
Post by: eagleman on January 26, 2018, 11:18:18 PM
I personally use Blockchain.info so I recommend it. It's easy to use.
And like @TMAN said above, I don't recommend using an exchange website as your wallet.

It's not like the Blockchain.info wallet is any different in functionality than an adress on coinbase/poloniex really...

There's no direct access to your private keys, ...

That is not true. Blockchain.info is web-based, but it gives you, and only you, access to the private keys.

Correct, you have the private keys with Blockchain.info.

If you want to trade regularly, I'd advice keeping some coins with your chosen exchange, for example coinbase, as there is cost involved transferring between wallets.
But don't store too much bitcoin there even OP wants to do day trading by converting BTC->USD.

This is risky.


Title: Re: Wallets?
Post by: Hunter#12 on January 27, 2018, 06:37:48 AM
Thanks guys I think I'm going to use Bloclchain I searched more about it and think that will work the best for me thank you very much all the best to you!


Title: Re: Wallets?
Post by: Bryan_12 on January 27, 2018, 04:59:37 PM
There are many wallets (Wallets as it is known in the world of cryptocurrencies) to save your bitcoins. In this post we will tell you which are the most reliable and safe.

The Blockchain wallet is one of the most used in the world, for its simplicity, security and power. It has a desktop version, in addition to the mobile version. If I had a debit card like Xapo, it would be perfect.

Xapo is one of the most reliable wallets to store your Bitcoins. Another great advantage is that it has a debit card so you can make purchases and withdraw money at ATMs.

Bittrex allows you to store Bitcoins and other dozens of Cryptocurrencies. The main advantage of this Wallet is that it allows you to trade from the same Web page.

CoinPayments is another wallet that, apart from Bitcoin, lets you store other cryptocurrencies, such as Ethereum, Ripple, Dogecoin, etc. The Wallet is very easy to use and is also in Spanish.


Title: Re: Wallets?
Post by: McInzy on January 27, 2018, 07:40:53 PM
Guys could you help me please? Why in some wallets is it so difficult to find out whether a wallet is erc20 compatible or not?


Title: Re: Wallets?
Post by: odolvlobo on January 27, 2018, 07:54:50 PM
Guys could you help me please? Why in some wallets is it so difficult to find out whether a wallet is erc20 compatible or not?

This is a Bitcoin forum. You will probably get better answers in an Ethereum forum such as https://forum.ethereum.org/


Title: Re: Wallets?
Post by: ShawlyNot007 on January 29, 2018, 12:15:23 AM
Thanks for the advice, I already have Jaxx and coinomi wallet but they still don't cover everything I own at present, guess I'm going too look at getting my self a hardware wallet.

Any recommendations for storing various AltCoins
Want to take them off the exchanges and try and keep them altogether in one wallet preferably!

I'd suggest something like Exodus (https://www.exodus.io/) or Jaxx  (https://jaxx.io/)(although jaxx has had some issues in the past.), if you're going to store on your desktop.

If you're going to store them on a android / iOS device, i'd advise something like Coinomi (https://coinomi.com/), which supports bitcoin and a whole lot of other coins, ( over 200).


Title: Re: Wallets?
Post by: ShawlyNot007 on January 29, 2018, 12:23:56 AM
Thanks will deffo look in to these options. Do you happen to know if these hardware wallets have any restrictions on how many or which coins you can store on them?

use metamask..

otherwise get yourself a hardware wallet... ledger or trezor and get those coins off those exchanges!


Title: Re: Wallets?
Post by: MintDice on January 29, 2018, 03:52:44 AM
Hi, if you are looking for easy-to-use wallets, Copay and Jaxx are great beginner options--they both offer good privacy and security as well as user-friendly interfaces. However, there are many wallets out there and they all cater to different needs so I suggest first thinking about how you intend to use it (multiple-platform, multi-sig capability, multi-currency options, etc.). Feel free to check out the link below which lays out the pros and cons for 10 different wallets.

https://blockgeeks.com/guides/cryptocurrency-wallet-guide/

Hope this helps, good luck!  :)


Title: Re: Wallets?
Post by: GiseleGarnet on January 29, 2018, 04:00:16 AM
I myself favor Binance as they provide you with 0.1% fee Binance exchange is no doubt the best in 2018 because the exchange has been doing a lot of things to become the best since Q4 of 2017 and in the year 2018 binance exchange emerge as the best exchange.

If you need a hardware one, then it's definitely Trezor


Title: Re: Wallets?
Post by: erc20tokens on January 29, 2018, 08:32:36 PM
Like a few others have already said - go with either the Trezor or the Ledger Nano S. I'm not keen on web/phone wallets, but Eidoo App looks interesting.


Title: Re: Wallets?
Post by: boakyei on January 29, 2018, 09:43:53 PM
If your capital is limited and you cant use a cold wallet then is preferable to use an online wallet like blockchain.info which is secured because you have access to the private key and do anything to your bitcoins.


Title: Re: Wallets?
Post by: Googlegenius on January 30, 2018, 12:17:38 AM
I agree with all of the above.
* Buy a Ledger Nano S
* Buy a TREZOR
The price for them is less than $ 100
Ive heards blockchain and coinbase has there own wallet as well, what it the benefit I can get with trezor?


Title: Re: Wallets?
Post by: ggokidok on January 30, 2018, 12:29:57 AM
jaxx and exodus for desktop wallet. trezor and ledger nano s for hardware wallet. coinbase and blockchain wallets and for erc20 compatible eth wallet use myetherwallet.


Title: Re: Wallets?
Post by: MaximMax on January 30, 2018, 12:12:14 PM
Trezor is a very good wallet


Title: Re: Wallets?
Post by: flyingplows on January 30, 2018, 03:45:15 PM
I would suggest Bitcoin core if you have large HDD, fast internet and would like to support Bitcoin network or Electrum if you want to save on resources.
The main thing is to control your private keys and have easy ways to claim forks etc. Those two are good old trustworthy wallets with constant upgrades.