Bitcoin Forum

Hey guys.

What do you think is the best online wallet coinbase or blockchain?

I really do not whant to lose my coins same as mgtox or whats the name.

Never used coinbase, blockchain.info is a decent wallet, just remember not to store too many btc on any online wallet service.

I haven't used Coinbase but I think blockchain.info is great and would thoroughly recommend it. Just make sure you set up all the security features it has and especially 2-factor authentification.

Why not use a desktop wallet, in which case you are in control of the money as opposed to a server owning the money?  (data = money)
You could use Electrum, Multibit, Armory..  Either way from those two I'd pick blockchain, but only for small amounts.

Blockchain.info is a little bit different in that you control your private keys so that's another advantage, though the desktop wallets you recommend are also good, though it depends how he's going to use his wallet. A lot of people seem to have a bc.in wallet as their spending coins and a desktop as their 'savings'.

How does that help him? He wants to know which of those two he should use.

Haha, surely you're used to seeing comments like that by now.


Blockchain.info

I recommend blockchain, too.
It's fine for me :)

I personally use and prefer blockchain.
Although, if you sign up with a edu email address on coinbase you get $10 of bitcoin so...

Why do you need to choose? Use both or all 3 {Blockchain included} and split the coins and the risk. The chances of all 3 of them running with your coins or being hacked is VERY small.

And most of your coins should be on cold storage anyways. {Paper wallets} so what can you loose?

I use lots of wallets, for testing and comparison purposes and to show friends how BTC works. {I like blockchain the most...Interface is clean and userfriendly}  ;D

Use blockchain.info with 2fa and encrypted backup. It is as safe as non multisig online wallets go.

i see coinbase does as well 2 way auth so not sure blockchain or coinbase

i will never use a desktop walled i am too paranoia i will be hacked

blockchain is the best but keeping wallet in cold storage is recommended..

Coinbase is a shared wallet service which does not allow you to access your bitcoin directly as you do not have the private key. It is a hassle if they experience downtime when you need access to the coin. Blockchain.info on the otherhand, allows you to control your private key yourself by sending you a copy of it. You do not need to be afraid of downtimes since the private key will always be in your control. Blockchain.info is generally very safe with 2 factor authentication. Anyone can bruteforce your coinbase account with your email but not Blockchain.info since they need a long string of letters and numbers to access your account.

After what happen to mtgox and tradefotress, I believe cold storage or keeping in your bitcoin-qt is the best....

if you r planning to store bitcoins then use paper wallet otherwise use blockchain.info with 2-factor authentication

Between the two, blockchain.info wallet is better.

Coinbase works exactly as same way as mtgox, and you don't have the private keys of your bitcoin.
Blockchain.info works differently. The site keeps the an encrypted version of your wallet file only, with both decryption and encryption done within your browser. And so you are the only one having the access to your private keys.

Please also enable 2FA to improve the safety further.

But on coinbase wallet before you can send bitcoins it will send you 1 sms confirmation code thats coll ! does blockchain have the same future ?

Don't know about the coinbase, I use blockchain and i think there is no sms or I just didn't set up it, but just dont keep your main funds there.

Both are great but I prefer CoinBase.

Use blockchain.info,you can control your private keys and blockchain.info does not have access to your private keys.

In coinbase you do not control your private keys only BTC addresses and coinbase has access to these.

I think they're both quite legit and trustworthy. Why won't you use a wallet you run directly on your computer? Having control of the private keys and thus your coins is most important!

i recomended to use blockchain.info, i also use it, it has 2FA security if you want to double your account security
maybe there are many wallet, but you must first use blockchain.info, you will not use the others ...

I would say blockchain, but online wallets are not 100% safe , so there is a risk losing your coins anyway. For your main funds i suggest using cold wallet, but if you are looking for the safest online wallet, I would recommend blockchain, at least i had no problems with It for over an year.

I don't trust online wallet anymore, keep it in your computer is much safer...

Do you mean blockchain.info? The blockchain itself is part of Bitcoin, where all the transactions are being stored. Blockchain.info is just another online wallet service and blockchain explorer. Hmmm I think I'd go with Blockchain.info. Because you're rather anonymous and I think you also keep part of your key yourself (so they can't be hacked, effectively)

For now I only was using multibit since 2013 and i had very little issues with it. It is fast and secured. With his wallet you can store your btc on desktop computer
Br

Blockchain.info is superior due to the fact you can see your private keys whenever you want. Coinbase controls your wallet really..

Yeah, but the original poster asked about which online wallet to use! MultiBit is better, in my opinion as well, but if you're looking for an online wallet, i.e. a web-based-wallet, you have to choose something else! Please read the questions!

Yeah, But coinbase has to control you coins/address. They are a service for buying Bitcoins. Whereas Blockchain.info merely gives you your own wallet you can use however you like. They don't care what happens to your coins!

Go with blockchain.info!!! You can get hold of your private key. Coinbase is more a service if you want to buy BTC and not to be used as an online wallet, as far as I know. But you may want to consider using a light wallet on your machine. It's safer and more reliable!

I agree with you because nobody can predict that now.