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Other => Beginners & Help => Topic started by: Sohelrana1122 on January 28, 2018, 08:48:18 AM



Title: which wallet safe coinbase,xapo,blockchain for btc
Post by: Sohelrana1122 on January 28, 2018, 08:48:18 AM
hlw guys I have many btc in cryptopia.
I want to withdraw this coin
plz tell me which wallet better then other?
thanks


Title: Re: which wallet safe coinbase,xapo,blockchain for btc
Post by: Bitfort on January 28, 2018, 09:10:07 AM
All mentioned wallets are web wallets .. which is the worst choice from the security point of view.

Best (most secure) are hardware wallets (ledger, trezor, keepkey) ...  but you need to purchase it and wait for delivery.

I consider Electrum as safe and user friendly ( few weeks ago a security flaw was discovered, but promptly fixed so I still trust in this wallet)  ... it's SPV wallet so you don't need to download blockchain. .. can recommend this one.
Also have good experience with mycelium.

Take a look at this overview: https://bitcoin.org/en/choose-your-wallet  (find twhich one suits your device)


Your list I would evaluate like this:
1 - coinbase
2 - xapo
3 - blockchain


Important note: Don't forget to make proper backup (and store it safe) before you send the coins to your new wallet.




Title: Re: which wallet safe coinbase,xapo,blockchain for btc
Post by: Alluro on January 28, 2018, 09:11:26 AM
If you need a online wallet Bloclchain or Coinbase are no problem. If you want to know more about wallets please read my tread. I hope it will be helpful for you. :)
https://bitcointalk.org/index.php?topic=2827216.msg28967084#msg28967084


Title: Re: which wallet safe coinbase,xapo,blockchain for btc
Post by: lizardbtc on January 28, 2018, 11:46:46 AM
hlw guys I have many btc in cryptopia.
I want to withdraw this coin
plz tell me which wallet better then other?
thanks

These are all web wallets and if I were to choose between them I would choose blockchain.info because it gives you an option to export your private keys in terms of menmonic words so even if their service went offline someday you would still have access y=to your coins.

Coinbase and Xapo keep private keys for themself thus acting more like of a bank and this is not the best practise as you have to trust these 3rd parties with your coins. For instance when coinbase have some issues, such as huge amout of traffic at one point, you are even unable to login and transfer your coins even if you need them urgently.

Web wallets are not the safest place simply because they store on their servers private keys and if they are not encrypted well and if theres some kind of security flaw and some breach happen in future you could risk of losing your coins. Because these wallet providers keep many keys at "same place" they could often be a potential target for hackers. This is why they are not belived to be the safest option out there.


Title: Re: which wallet safe coinbase,xapo,blockchain for btc
Post by: ankurguta87 on January 28, 2018, 12:14:52 PM
In my opinion hardware wallets are best still in the above options Blockchain>Coinbase>Xapo. You should keep your bitcoins into a different location to reduce your risk.


Title: Re: which wallet safe coinbase,xapo,blockchain for btc
Post by: Zackgeno96 on January 28, 2018, 01:08:14 PM
hlw guys I have many btc in cryptopia.
I want to withdraw this coin
plz tell me which wallet better then other?
thanks

If you have many bitcoins then it is recommended to store them on hardware wallet due to security reasons and for the small amount with regular use you can go with the Electrum wallet, which is best and most popular at the moment. 


Title: Re: which wallet safe coinbase,xapo,blockchain for btc
Post by: fabioganga on January 28, 2018, 01:40:24 PM
The safest wallet, in my opinion, is always the one released by the developers themselves., hence the qt wallet.

I tend not to trust third party software for as good as it might apparently look like.

Have a look at this video to know how you can install it and configure it easily without having to save the entire blockchain on your hard disk:

https://www.youtube.com/watch?v=0yFCnflfNn0


Title: Re: which wallet safe coinbase,xapo,blockchain for btc
Post by: neo444 on January 30, 2018, 12:55:05 PM
For me the safe wallet is coinbase


Title: Re: which wallet safe coinbase,xapo,blockchain for btc
Post by: superresistant on January 30, 2018, 12:57:19 PM
 
If you have very little money it doesn't really matter.
If you have serious money, take a ledger nano S.