Bitcoin Forum

Other => Beginners & Help => Topic started by: Theyasirahmad on February 07, 2018, 04:33:13 AM



Title: best hot wallet ?
Post by: Theyasirahmad on February 07, 2018, 04:33:13 AM
in your opinion which is the best crypto wallet for top 10 currencies ?


Title: Re: best hot wallet ?
Post by: Dhruvv1 on February 07, 2018, 07:27:51 AM
You can use https://jaxx.io/ or https://www.exodus.io/  ;)


Title: Re: best hot wallet ?
Post by: sunno330 on February 07, 2018, 08:10:50 AM
There are many wallet for crypto,
Such as-
Electrum,
Mycelium,
Jaxx,
Blockchain,
Exodus
and Coinbase for simple & easier wallet.
I like Electrum wallet. It is more secure, you can also use this wallet. Or if you a begginer then only Transactions wallet is coinbase better.


Title: Re: best hot wallet ?
Post by: ajmal4758 on February 07, 2018, 08:24:22 AM
There are many wallet for crypto,
Such as-
Electrum,
Mycelium,
Jaxx,
Blockchain,
Exodus
and Coinbase for simple & easier wallet.
I like Electrum wallet. It is more secure, you can also use this wallet. Or if you a beginner then only Transactions wallet is coinbase better.
Can you give me best BTC wallet? I know coinbase better for a beginner but huge all transaction fees... so I ignore Coinbase , you can say how can I do?
Thanks for advance.


Title: Re: best hot wallet ?
Post by: Alexander_Z on February 07, 2018, 08:46:29 AM
There are many wallet for crypto,
Such as-
Electrum,
Mycelium,
Jaxx,
Blockchain,
Exodus
and Coinbase for simple & easier wallet.
I like Electrum wallet. It is more secure, you can also use this wallet. Or if you a beginner then only Transactions wallet is coinbase better.
Can you give me best BTC wallet? I know coinbase better for a beginner but huge all transaction fees... so I ignore Coinbase , you can say how can I do?
Thanks for advance.

+1 vote for Electrum (https://electrum.org/ (https://electrum.org/)) as the best BTC wallet. It is lightweight, portable, convenient and secure (as secure as a hot wallet can be, just verify the download). It can also be used for creating cold storage and watch-only wallets.


Title: Re: best hot wallet ?
Post by: bitcoinblog on February 07, 2018, 09:05:54 AM
Use either Blockchain or Electrum both are good.

Personally i am using Paperwallet for residual store for future and for current use , Blockchain.

Paperwallet is secure and need only browser to create address. Blockchain wallet is supporting paperwallet too at the time of retrieval.


Title: Re: best hot wallet ?
Post by: SALAUDDIN on February 07, 2018, 09:17:49 AM
Use either Blockchain or Electrum both are good.

Personally i am using Paperwallet for residual store for future and for current use , Blockchain.

Paperwallet is secure and need only browser to create address. Blockchain wallet is supporting paperwallet too at the time of retrieval.
Dear sir, you mean Blockchain & Electrum the best cryptrocurrency address?


Title: Re: best hot wallet ?
Post by: mocacinno on February 07, 2018, 10:27:25 AM
There are many wallet for crypto,
Such as-
Electrum,
Mycelium,
Jaxx,
Blockchain,
Exodus
and Coinbase for simple & easier wallet.
I like Electrum wallet. It is more secure, you can also use this wallet. Or if you a beginner then only Transactions wallet is coinbase better.
Can you give me best BTC wallet? I know coinbase better for a beginner but huge all transaction fees... so I ignore Coinbase , you can say how can I do?
Thanks for advance.
which one is best bitcoin wallet its depends on your demand and uses.if you want to hold your coin than you need to hold your coin into paper wallet or hardware wallet.if you want to do daily transaction you can use blockchain wallet.
here you can found good bitcoin wallet https://bitcoin.org/

I wouldn't recommand an online wallet, not even for daily transactions.
If you want to do daily transactions and own a lot of BTC, i'd recommand a hardware wallet. If you don't own a lot of BTC, a desktop wallet on a clean PC will probably suffice.

The only reason for using an online wallet (imho) is when you're travelling, and you need access to a small amount of BTC from anywhere in the world... Even then, i'd probably use an encrypted mobile wallet instead.


Title: Re: best hot wallet ?
Post by: FrueGreads on February 07, 2018, 10:51:56 AM

I wouldn't recommand an online wallet, not even for daily transactions.
If you want to do daily transactions and own a lot of BTC, i'd recommand a hardware wallet. If you don't own a lot of BTC, a desktop wallet on a clean PC will probably suffice.


I agree with you by not recommending an online wallet, but that doesn't mean you can't use a desktop wallet, and I'm not even sure if they are worse than hardware wallets. I guess it will depend on how you use them. For instance it was recently discovered a vulnerability in all Ledger hardware wallets, called man in the middle attack vector. It's not anything critical and it can be easily prevented if the user carefully checks if the generated address was not tampered (my malware for example).

You can create transactions on a desktop wallet that is installed on a PC that is offline most of the time. You can even make the transaction offline, and then simply use the BR code on another PC to "broadcast" the tx to the network. Not saying that desktop wallets are immune to problems, as we all saw that there was a vulnerability on the electrum wallet, that was not corrected in the recent versions.

Not trying to create FUD here, just saying that users must pay attention to how they use their wallets, and always check their addresses and security alerts, because there are no invincible solutions.


Title: Re: best hot wallet ?
Post by: chamara741 on February 08, 2018, 02:58:14 PM
For me, best wallet is coinbase. Superb when considering security and it is easy to use.


Title: Re: best hot wallet ?
Post by: Alluro on February 08, 2018, 03:14:00 PM
I don't know you are looking for a best wallet or easy wallet. Security is very important for be a best wallet. I would recommend hardware wallets like Nano Ledger S or Trezor as best wallets. If you need easy wallet with multi coins with medium security I would recommend Exodus desktop wallet. Desktop wallets are better than online wallets. But if you need online easy wallet I would recommend only Blockchain and Coinbase.