Bitcoin Forum

I need an online wallet where they arent getting in my business, wanting to know where my money comes from, and just leaves me alone. Which wallet? Thanks

Wallet for what? Bitcoin?

There is NO bitcoin online wallet for privacy...

Why would you ever use 'online' wallet anyway?

Learn more about wallets here, and use Electrum as starting point:
https://bitcoin.org/en/choose-your-wallet

No online wallet can provide you with that level of privacy because they must handle your transactions. Probably, the most private would be blockchain.com because they don't know the keys and you don't have to give them with identifying information.

Storage purposes? Then disregard any online wallet (exchange wallet, web wallet) but instead consider desktop or hardware wallets. Take note that for selling, you need to transfer it on exchange wallet or via P2P.

If using exchange services e.g buy, sell, cashout, etc. no way they will just leave you alone once they see unusual activity on your account. If you think your business is legit, the money is "clean", then no worries using them.

If you care about privacy why not make a wallet with Desktop wallets like Electrum or Wasabi for lightweight wallet and Bitcoin core for a full node wallet or make a paper wallet instead.

Or you mean a Payment processor?

The best option for this is Self-hosted like BTCpayserver (https://btcpayserver.org/) I'm using this as another payment gateway to accept bitcoin.

Let me know if what exactly you are looking for? Because there is no online wallet for privacy just like the above said.

Wasabi wallet isn't too bad if you care about privacy, but it's not an online wallet.

https://wasabiwallet.io/

Don't use online wallets, and definitely stay away from custodial wallets if you care at all about privacy.

So far it's online, consider it not really safe. Nothing online is 100% safe, hackers are always up and active.
It's best you look for an offline (desktop wallet) as others have stated/suggested. Just ensure your pc is clean from any virus.
Be sure to also kill the urge of constantly logging in to check the price of Bitcoin.

I definitely agree with you. Bitcoin.org's new wallet wizard help you completely. You can pick all features which you want. And you can see the compatible wallet with your choice.

The simplest wallet to use online without any infringement on your privacy would be blockchain wallet. The security features on this wallet is really cool to protect you from any external attacks that may harm your funds. There are equally great ones available for free download but blockchain wallet really stands tall among them all.

Maybe you don't need an online wallet, you are just confused about its concept.

An online wallet is like an email, you can access with a  login/password and you could be easily hacked. Additionally, the custodial service may have access to your funds.

That's not what you need, especially to run a business.



I guess you are right, he needs a payment processor.
 https://btcpayserver.org/ is a good option.

Online wallet are not very safe they can easily fall into the hands of hackers and I don't think that there is any wallet that offers what you are looking for because all transactions are visible on the blockchain.

If you really want something that's more "private", online wallets aren't the way to go. I'm not sure if they do, but online wallets may have trackers that could take some of your data through your web browser. Go for reputable non-custodial software wallets like Wasabi[1] or Samourai[2] instead. They have their own features that makes your transaction more private.

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[1] https://wasabiwallet.io/
[2] https://samouraiwallet.com/

a btc software wallet like those of electrum will help you manage your BTC assets without worry. if you are afraid to be track by someone you need to learn how to use a bitcoin mixer.
even though your btc comes from legal source you still need to get the most secure way to store them because there might also some malicious people that also live in your country who wants to get your bitcoin. there are numerous cases about where bitcoin holder getting tortured to get their bitcoins.

As you are looking for a wallet for business I suggest you to try Bitpay it is build on copay which can help you with the payment related setting also have read that it is desktop compatible and mobile compatible.

You can do it other way that you can use your wallet and integrate it with a payment service (https://coinswitch.co/payment)

Note: Please read the reviews of Bitpay before you use it. I have heard about it and personally not used so, with suggest to go through the reviews.

I don't think OP meant getting into his business literally, but anyway since you've mentioned it, screw BitPay. If someone's planning to receive bitcoin payments for their business, go with BTCPay. BitPay is just so bad that I don't even know why businesses still use it. All those huge fees and they don't even display addresses.

I agree with you, it is unlikely that many wallets can maintain the privacy of transactions

People with little crypto experience do not understand that online wallets have no privacy. But in turn, different online wallets make good advertising to attract users. I think it is a reason why so many people ask for advice on which wallet to choose

It's not like none of the online wallets have no security, but a few ones are good. And I don't remember where I said this, but it's your awareness and IQ based on which you get scammed or not (except for cases where any hacks take place). But you can also save yourselves from any hacks or malware with a little more "awareness" I talked about. Like for eg.; my experience with Electrum had been the best and will always be because I know whom should I trust here - their official website. There were issues with their wallet with version 3.3.3 or older that when I opened the wallet once, it asked me to download the latest update but it was a malicious attack. It was my choice to close the wallet immediately and not follow the given instructions in that pop up. After that, I just visited the official website, saw the header that said that versions older than 3.3.4 are vulnerable to phishing attacks. You really need to work with awakened eyes here if you're serious about your money. @OP, I guess you got your answer from my end - Electrum.

AFAIK, there is no online wallet that gives privacy, based on my experience, to ensure that my transaction will not be trace, I mix the BTC from my online wallet, I'm using chipmixer most of the time but it's not gonna be free as there's a transaction charge everytime you mix.

^ Definitely right, web/online wallet is not safe if you care about privacy. There are too many crypto enthusiasts avoiding blockchain.info wallet because this is not allowing you to hold your private key but I still using on it if the amounts are not big. If you wanted not to hold for a long run and for business purposes you can choose web wallet but if not better to choose a hardware wallet. https://electrum.org/#download is for free to use.

Please use a desktop wallet or mobile phone wallet or hardware wallet so you can control the bitcoin and you can prevent the attacker that might attack or steal your bitcoin. I don't suggest to use an online wallet to store the bitcoin because that will be too risky, you don't know if your account will be safe for a long time. Besides that, if you use a desktop wallet or mobile phone wallet or hardware wallet, you don't have to worry from the other people that will try to hack your devices unless they are often to use your devices.

You can use bitcoin-qt for the desktop wallet, and for the mobile phone wallet, you can use many good wallets such as mycelium, jaxx liberty. But the best wallet that I recommend will be ledger nano or trezor so you can be safe it in a safe place if you don't connect to the internet.

Indeed, anything "online" defeats privacy, just connecting to the site they already get your IP and browser fingerprint, even before you start providing them with KYC stuff...

But then you are probably mistaken. You think owning your own wallet means the money is in there? Nope, it isn't. Bitcoin is like a "cloud" service, the money is always in the blockchain. The wallets are actually keyholders, but i guess calling them keychains or such would confuse the people more. When you make your own wallet, you can "send funds to it", but the funds never move across wallets, they move within the blockchain who can move them next, and the blockchain exists replicated in all the nodes in the entire world. Therefore the obsolete concepts of moving capital across borders no longer applies to Bitcoin.

What i want to say here is, that technically, all coins are online (in the blockchain). But to control the coins you need keys, that's what your wallet stores. If you want privacy, you should make your very own wallet, and take steps to secure it. For savings, an "cold" seeds written in a sheet of paper with your own hands is very, very safe as long as you keep said sheet (physically) safe, make at least one more copy with your own hands and keep it in a different physically secure place, in case place a burns down or something, place b is safe.

With a cold wallet like this, you can send all the funds you want to it and nobody can't touch them. This is perfect for long term savings, just keep those words safe.

thats true but thats why proxies , vpn and other anonimity tools are invented so that you cant possibly be trace or you will only be given a fake ip address  .

why dont you try decentralized type wallets ? if there are decentralized coins , i think there will also be decentralized wallets  . no one controlls these types of wallets so you are sure that your privacy is safe with them .  you can try researching because im not currently using any of those since im already contented on the centralized wallet that i use  .

If we are talking only about Bitcoin and if Segwit is not a must for you, I'll can you about the wallet I use. I enjoy my Blockchain.com wallet. It's online, easy to use, has a high reputation, rather safe. And I've never been asked about my funds there (neither was my friend who had 1 Bitcoin there for a while). You can check their policies to make sure you won't be disturbed, but I guess Blockchain.com does not do that kind of stuff. Moreover, they cannot do anything with your money, which is good. But the big downsides of this wallet are a very limited number of cryptos they accept and the lack of Segwit.

That's what all open source wallets are. Electrum, Core and many others can be downloaded and used without telling anyone. Only the closed source wallets would be controlled by a third party, just like online wallets are controlled by the site operator.

Bitcoin is decentralized, therefore using any of its (Free and Open Source) wallets is already decentralized and p2p. The same cannot be said about certain centralized coins, such as Ripple...

The only way you could be using a centralized wallet, is that you are using some online or closed source wallet, or not Bitcoin.

If you want to use crypto wallet for your business I highly suggest you should use two wallet online and offline. But you should only use the online wallet for payment then transfer all the crypto in your offline wallet. In online wallet there are coinbase, blockchain , electrum and many more just pick the wallet that you want because all of them are good and secured.

Nothing beats the original Bitcoin Core wallet. Yes, it is "online" and does require a lot of space to download the entire blockchain, but you do support the network and relay transactions and you don't need to tell anyone about it.

No one is getting in your business unless you tell them about your business. Can even run it over Tor.

Even Electrum, despite relying on Electrum servers, has better privacy than any other web wallet. Don't use web wallets unless you're just experimenting. I don't see the need to use any other wallets, even for mobile devices or android systems. They include Bitcoin Wallet for Android and Electrum for Android (I guess Google will know if you download from the Play Store, but likely they don't care very much.)

The only wallet I can recommend to you are electrum were it is one of the cold wallet, or you could try https://www.exodus.io/(exodus),
but if you have enough money better for you to buy hardware wallet or Nano ledger, with this your assets are surely 100% really
safe and secured.

Don't use any online wallet if you want security or anonymity, Use offline wallet my personal pick for that is Ledger or Trezor those two offline wallet is the best in terms of security and of course it is easy to use and user friendly. I have a ledger on my own and I can say that Ledger is very secured and easy to use. and besides their user interface is very good. I hope this will change your mind. Choose offline wallet!

A cheap option could be an USB stick with Tails OS and Electrum. Afaik it goes to the internet through TOR.

It's not an online wallet (online wallets are neither safe, nor privacy oriented) and you'll need a computer or laptop that can boot from that stick. And you may need to update Electrum to the latest version, so tech background is needed.

If you don't have that tech background, Ledger or Trezor are your best options, really. With their apps or with Electrum.

Always make sure you save extra safe the seed.

If you are really looking for a reliable online wallet for cryptocurrencies , then, in my opinion, the best solution is https://www.blockchain.com. This is the most popular online wallet, which means that most users trust it. It supports several cryptocurrencies and does not require KYC verification.

Hardware wallet best suits your need since you will be the one handlig your own key for your wallet. I doubt if there is an online wallet that can provide what you need. If you want to secure your fund, invest on a hardware wallet.

I would not recommend using online wallets. Instead, you can install an Atomic wallet on your phone or computer

the best online wallet for privacy is called Samurai wallet. It is a technology built so that you have anonymous be with your transactions so that you cannot be traced by the government for example. Maybe this will help criminals to evade taxes, but it it  is also good for general privacy the average citizen.

If anyone has your address then he can easily see the incoming and outgoing transactions on the blockchain explorer no matter what wallet are you using. So it's impossible in cryptocurrency to do this. But yes no one would know the owner of the address from which money is coming or going. If you are so worried about your privacy and have somewhat large dealings then you can use Bitcoin Mixers. Some popular are Chipmixer and bitblender. These mixers will move your money from various addresses in small amounts making it almost impossible to trace even a satoshi because there is almost no trail left. But they are useful only if you do them once a while because even the minimum fees per is 0.001 which can be $8 as per current price not that much but still a big expense to do it daily.

Try hardware wallet like Ledger. Or just non custodial like Exodus, Guarda, Ownr, Coinomi.

I believe when it comes online there's no privacy or security. try cold storage or paper wallet. If you will use that kind of wallet I am sure that you will get the privacy and security that you want. If you want to be secured avoid online wallet. cold storage wallet or hardware wallet is the best. :)

Online wallet is made and used to be hacked xd.Theres no such privacy thing or secured thing online the only secured wallet you can get on to this date is hardware wallets and physical wallets like trezor.Once you get to keep your funds with you everyday thats next level security.