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Other => Beginners & Help => Topic started by: Jhony sins on December 09, 2018, 04:06:56 AM



Title: which is the best and safest bitcoin wallet??
Post by: Jhony sins on December 09, 2018, 04:06:56 AM
i'm plan to buy a bitcoin but have a fear of hackers...suggest me the best and safest bitcoin wallet


Title: Re: which is the best and safest bitcoin wallet??
Post by: ABCbits on December 09, 2018, 04:32:03 AM
The only choice is hardware wallet such as https://www.ledger.com/products/ledger-nano-s (https://www.ledger.com/products/ledger-nano-s) and https://trezor.io/start/ (https://trezor.io/start/)

Make sure you buy from official store or official distributor and check if the device is genuine or not tempered.
1. For Ledger Nano S : https://support.ledgerwallet.com/hc/en-us/articles/360002481534-Check-if-device-is-genuine (https://support.ledgerwallet.com/hc/en-us/articles/360002481534-Check-if-device-is-genuine)
2. For Trezor : https://www.reddit.com/r/TREZOR/comments/58evyn/_/ (https://www.reddit.com/r/TREZOR/comments/58evyn/_/)

Edit : looks like bones261 answer a bit faster. But hardware wallet is still best choice since it's secure, but convenient/easy to use


Title: Re: which is the best and safest bitcoin wallet??
Post by: CryptopreneurBrainboss on December 09, 2018, 06:38:03 AM
Hardware wallets are the best yes that's correct but I don't own one. I have three online wallet (there reputation is excellent) Blockchain, Bitpay and coinbase you can check them out. I have been using Blockchain and coinbase wallet for a while now but when the transaction fee issus can up (delay in transaction) I switched to bitpay which was faster and somehow cheaper. As of recent I have some fund in those three wallet. Might not be the best choice but I enjoy online wallet that's why i used them.


Title: Re: which is the best and safest bitcoin wallet??
Post by: Marshall14 on December 09, 2018, 07:47:11 AM
but I enjoy online wallet that's why i used them.
Definitely there is actually nothing wrong with the wallets you have made mention of and they actually work fine and many users use them without having any issues.

But OP requested to know the safest and best form of wallet and just as @ETFbitcoin has said its a no brainer it's definitely the hardware wallet,its probably more expensive than the rest but it's definitely the safest from hackers and prying malware


Title: Re: which is the best and safest bitcoin wallet??
Post by: mklost on December 09, 2018, 08:39:37 AM
There are many wallets out there but only hardware wallets will be the best secure wallet for you. You can buy Ledger nano S or Trezor which is the best safest bitcoin wallet ever in the crypto world but a little bit costly to buy.


Title: Re: which is the best and safest bitcoin wallet??
Post by: Jhony sins on December 09, 2018, 09:13:40 AM
thanks to everyone for sharing your knowledge with me....your answers helped me alot :)


Title: Re: which is the best and safest bitcoin wallet??
Post by: btlzpr on December 09, 2018, 09:16:10 AM
Bitcoin itself is a very safe thing. If you can properly keep your private key, how can hackers steal your bitcoin?
And most of the time, I don't think hackers will be interested in a small amount of private bitcoin, they may look more at those exchanges.
Therefore, I don't think you have to worry too much about the security of Bitcoin. For most people, as long as you don't easily paste key information such as your private key on the Internet, you don't need to worry about hackers.


Title: Re: which is the best and safest bitcoin wallet??
Post by: Xinarae* on December 09, 2018, 09:28:52 AM
i'm plan to buy a bitcoin but have a fear of hackers...suggest me the best and safest bitcoin wallet
Which wallet you want to use? Hardware, Mobile, or web? You should use wallet which has private key. If you have private key and do not share that on any unsecured place then your wallet will not be hacked. You may see these wallets. (https://bitcoin.org/en/choose-your-wallet)


Title: Re: which is the best and safest bitcoin wallet??
Post by: cokroalif on December 09, 2018, 01:31:59 PM
There are many choices if you really want to secure and create a bitcoin wallet address

Destop - Bitcoin Core, Bitcoin Knots, Green Address
Hardware - Digital Bitbox, KeepKey, Ledger Nano S, Trezor
Mobile - Simple Bitcoin, Bitcoin Wallet
Web - BitGo, BTC.com, Coin.Space

all are safe if you do not share your password or private key with others


Title: Re: which is the best and safest bitcoin wallet??
Post by: o_e_l_e_o on December 09, 2018, 01:53:57 PM
all are safe if you do not share your password or private key with others

Absolutely not. All wallets can be hacked, and there is no such thing as a completely safe wallet.

Web wallets are a poor choice in general, as your private keys are stored online and are therefore a target for hackers. The same goes for storing coins anywhere online, such as on an exchange. Just don't do it. If you don't personal control private keys, then you don't really control your coins. Desktop and mobile wallets are a relatively safe, provided the device you are using them on is secure and not infected with any malicious software. Hardware wallets are your best choice - the two most well known and widely used being Ledger Nano and Trezor, as ETFbitcoin pointed out.

Most people generally use a hardware wallet as their main storage device for the bulk of their crypto, and use a desktop or mobile wallet for small amounts of day-to-day funds.

There is a stickied thread here that you may want to read: https://bitcointalk.org/index.php?topic=1631151.0


Title: Re: which is the best and safest bitcoin wallet??
Post by: mk4 on December 09, 2018, 02:06:48 PM
Bitcoin itself is a very safe thing. If you can properly keep your private key, how can hackers steal your bitcoin?
And most of the time, I don't think hackers will be interested in a small amount of private bitcoin, they may look more at those exchanges.

Don't underestimate the hackers. Take note that attacking individuals is significantly easier than targeting exchanges. Also, I don't think most hackers attack individually in the first place. They most likely do it through the spread of viruses/malware, to potentially steal the bitcoin or cryptocurrencies of a huge demographic at the same time instead of trying to attack one by one.


Title: Re: which is the best and safest bitcoin wallet??
Post by: Juggy777 on December 09, 2018, 02:19:45 PM
i'm plan to buy a bitcoin but have a fear of hackers...suggest me the best and safest bitcoin wallet

Hey your concerns are legit but these hacking happens mainly due to you using your wallet on a public wifi, or having virus on your machine, or sharing your details like private key or seed with others. I would recommend you Electrum wallet if the total bitcoins value is less than 100 bitcoins, if it's more than Trezor wallet those are the most secured wallet, but use them only if you plan to hodl a big amount of bitcoins.


Title: Re: which is the best and safest bitcoin wallet??
Post by: TryNinja on December 09, 2018, 02:25:35 PM
Hey your concerns are legit but these hacking happens mainly due to you using your wallet on a public wifi, or having virus on your machine, or sharing your details like private key or seed with others. I would recommend you Electrum wallet if the total bitcoins value is less than 100 bitcoins, if it's more than Trezor wallet those are the most secured wallet
A Trezor only costs ~$95. You don't need to have $350k worth of Bitcoin to make it worth buying one.

use them only if you plan to hodl a big amount of bitcoins.
Correction: use them if you plan on securely storing your coins. Regardless of the amount.


Title: Re: which is the best and safest bitcoin wallet??
Post by: o_e_l_e_o on December 09, 2018, 02:29:55 PM
A Trezor only costs ~$95. You don't need to have $350k worth of Bitcoin to make it worth buying one.

Exactly this. I bought my first hardware wallet when I had $300 worth of BTC. They are a great investment.

Note that Ledger currently have a Christmas sale on, so you can pick one up for €69.99/£69.99/$65.65 through their official store here (https://www.ledger.com/collections/all-products) or one their licensed retailers here (https://www.ledger.com/pages/retailers).


Title: Re: which is the best and safest bitcoin wallet??
Post by: DdmrDdmr on December 09, 2018, 03:41:16 PM
Just to mention that if you do go for a hardware wallet, make sure to purchase it from the official site or officially authorized reseller. Last month, Trezor released an alert after finding fake copies of it’s Trezor One on the market (see  [PSA] Non-genuine Trezor One devices spotted. Be careful, buy only from Trezor Shop or authorized resellers (https://blog.trezor.io/psa-non-genuine-trezor-devices-979b64e359a7)).

Besides that, you will need to keep the typically 12/24 word recovery seed is a safe place, as it enables anyone with access to it to gain access to whatever crypto you protect with your physical hardware wallet.


Title: Re: which is the best and safest bitcoin wallet??
Post by: Raimond360 on December 09, 2018, 04:13:32 PM
i'm plan to buy a bitcoin but have a fear of hackers...suggest me the best and safest bitcoin wallet

In my opinion, The Best and safe Bitcoin wallets are Coinbase and Blockchain. Both are secure. Both have 2 step verification. You should use coinbase and block chain wallet.


Title: Re: which is the best and safest bitcoin wallet??
Post by: o_e_l_e_o on December 09, 2018, 08:13:50 PM
In my opinion, The Best and safe Bitcoin wallets are Coinbase and Blockchain. Both are secure. Both have 2 step verification. You should use coinbase and block chain wallet.

Keeping your coins in any online wallet (web wallet, exchange account, etc) is bad idea. You are trusting someone else with your coins. These online services can be hacked. They can exit scam. They can become insolvent. They can close down. They can lock you out of your account. They can go down when you need access to them. If your funds are stored online, they aren't really your funds. The whole point of crypto is to move away from a third party having control over your money.

"Not your keys, not your bitcoin", as the old saying goes.


Title: Re: which is the best and safest bitcoin wallet??
Post by: Sinone on December 16, 2018, 08:42:22 AM
The best and safest bitcoin wallets are Ledger nano S and Trezor this two can provide the best security to the customer's assets and private keys. Users need to choose one of them to have better security.


Title: Re: which is the best and safest bitcoin wallet??
Post by: Labonikhatun on December 16, 2018, 12:50:59 PM
i'm plan to buy a bitcoin but have a fear of hackers...suggest me the best and safest bitcoin wallet

I think the best and safest bitcoin wallet hardware wallet. All online wallet is safe until you keep your private key secure. If you store your bitcoin in the hardware wallet, it will be safe. Hardware wallet is immune to malware and nearly impossible to hack. The screens also provide extra security by verifying and displaying important wallet details. Since the hardware wallet is nearly impossible to hack. Hardware wallet Trezor or Ledger nano S.


Title: Re: which is the best and safest bitcoin wallet??
Post by: Harlot on December 16, 2018, 01:07:12 PM
Hardware wallets are the best yes that's correct but I don't own one. I have three online wallet (there reputation is excellent) Blockchain, Bitpay and coinbase you can check them out.
I wouldn't consider them as an ideal wallet for storing large quantities though, these kinds of online wallets are mostly use for payment on the go but not for storing purposes. Among the three you suggested Coinbase has some bad rep under its name ranging from lost funds to even involuntary account blocking so I wouldn't even dare to hold large sums with this kind of wallet. The second best thing to go is of course desktop wallets which are also free like electrum, at least with this kinds of wallets you can trust to hold your BTC for long term purposes.


Title: Re: which is the best and safest bitcoin wallet??
Post by: Adriano2010 on December 16, 2018, 04:46:49 PM
I also recommend hardware wallet, i use ledger nano and never had any problem and i use it almost every week, but please always check the address you send on your ledger screen to be sure you not have the virus that change bitcoin address when copy and paste.


Title: Re: which is the best and safest bitcoin wallet??
Post by: LTU_btc on December 17, 2018, 12:06:18 AM
The second best thing to go is of course desktop wallets which are also free like electrum, at least with this kinds of wallets you can trust to hold your BTC for long term purposes.
You're right that desktop wallets are much better choice than online wallets. But still, it's not safest. You can lose all your BTC that you hold if your PC will be infected with virus or malware. I would say that paper wallets would be better choice if you're planning to hold BTC in long term. And offcourse, if you have a lot of BTC and you're planning to use it - get a hardware wallet. But if you have only $100-200 in BTC, then it's not worth to buy hardware wallet.


Title: Re: which is the best and safest bitcoin wallet??
Post by: jossiel on December 17, 2018, 08:18:33 AM
There are many choices if you really want to secure and create a bitcoin wallet address

Destop - Bitcoin Core, Bitcoin Knots, Green Address
Hardware - Digital Bitbox, KeepKey, Ledger Nano S, Trezor
Mobile - Simple Bitcoin, Bitcoin Wallet
Web - BitGo, BTC.com, Coin.Space

all are safe if you do not share your password or private key with others
At least give the reference: https://bitcoin.org/en/choose-your-wallet

In my opinion, The Best and safe Bitcoin wallets are Coinbase and Blockchain. Both are secure. Both have 2 step verification. You should use coinbase and block chain wallet.
These are web wallets and an exchange, if you just read all of those suggestions before yours, you'll understand why these wallets shouldn't be your best option. Hardware wallet the best option for most and I do agree with that.

Keep your coins on it and you're not going to worry about it, you hold the private keys and you can recover it anywhere you want as long as you have the private keys.


Title: Re: which is the best and safest bitcoin wallet??
Post by: hridoyb on December 17, 2018, 01:44:15 PM
i'm plan to buy a bitcoin but have a fear of hackers...suggest me the best and safest bitcoin wallet
Bitcoin has 2 types of wallet like as online wallet and desktop wallet.If you want to hold your bitcoin any safety place use Ledger Nano S , Trezor .On the other hand, you can also use bitcoin core and Electrum so get more information visit official site  https://bitcoin.org/en/choose-your-wallet  (https://bitcoin.org/en/choose-your-wallet)  forum post  https://bitcointalk.org/index.php?topic=1631151.0 (https://bitcointalk.org/index.php?topic=1631151.0)


Title: Re: which is the best and safest bitcoin wallet??
Post by: Dudeperfect on December 17, 2018, 02:15:03 PM
Crypto is all about self-responsibility and hence I would say that holding funds in our absolute control is the only way to keep it safe from any attacks. I am using the paper wallet as well as Trezor hardware wallet and never had any issues with it so far. I won't say that it is flexible as compared to that of web wallets but security is most important factor for me so I rarely keep my funds online.


Title: Re: which is the best and safest bitcoin wallet??
Post by: larkinvain on December 18, 2018, 04:03:08 PM
Hardware wallets are the safest and secured wallet for bitcoin. There are two most preferable hardware wallets these are Ledger nano S and Trezor both are excellent and safest wallets in the for the market for bitcoin. So buy them and make secure your bitcoin.


Title: Re: which is the best and safest bitcoin wallet??
Post by: BlockGroup on December 18, 2018, 07:25:37 PM
i'm plan to buy a bitcoin but have a fear of hackers...suggest me the best and safest bitcoin wallet

Ledger or Trezor products. Ledger are doing a 33% sale and all ;)


Title: Re: which is the best and safest bitcoin wallet??
Post by: vagrom on December 19, 2018, 12:51:06 AM
As the upstairs said, the safest thing should be the hardware wallet. As for the wallet program, see how to use it. If you are careful, you can do it very safely.


Title: Re: which is the best and safest bitcoin wallet??
Post by: jseverson on December 19, 2018, 03:34:47 AM
Hey your concerns are legit but these hacking happens mainly due to you using your wallet on a public wifi, or having virus on your machine, or sharing your details like private key or seed with others. I would recommend you Electrum wallet if the total bitcoins value is less than 100 bitcoins, if it's more than Trezor wallet those are the most secured wallet, but use them only if you plan to hodl a big amount of bitcoins.

Those are definitely common causes but you would need perfect online security to pull it off, which is unlikely. At the end of the day, if your private keys are online, your coins are always at risk. Electrum is a great wallet, but I wouldn't keep even 2 BTC in it.

If you absolutely don't want to spend on one, you may as well create a cold paper wallet -- the only important part is to make sure your private keys never touch the internet after all.


Title: Re: which is the best and safest bitcoin wallet??
Post by: larkinvain on December 19, 2018, 04:46:40 PM
The safest and secured bitcoin wallet is a hardware wallet. Trezor and Ledger nano S is the best hardware wallet so far I know. If you want to keep safe and secure your bitcoins then buy each of them no one can hack your assets for sure.