Hi

Is it safe to store BTC in Electrum Android Wallet. And what type of wallet I should create. And For this what information I have write down during creating a Android wallet.

And am I benefited if Bitcoin split?

Thanks and waiting for your reply.

So I must have to use cold storage wallet to bring down my risk.

Thanks

Thanks for your kind help.

Well I have no other machine where I can create a cold storage. So I created my wallet on that machine where I use Internet. Is this risky?

Thanks and waiting for the reply.

Hi

I am checking and want to familiar with Electrum 2FA wallet. I write my seed, backup my wallet file, write down my password, write down my master public key and exported my private key.

I think I have backed up my everything. If anything I missed please guide me.

After this I send some BTC from from my blockchain wallet for testing purpose and I got my BTC on electrum. And now I want to send Electrum BTC to somewhere for testing but during sending I see that there are two types of fee is taking by Electrum 1st is Mining Fee and 2nd is Additional Fee which is 0.002 (aprrox $5.50).

I would like to know what is this. Can any one help and may I able to set the Additional Fee.

Thanks and waiting for your kind reply.

May I use my blockchain.info BTC address in Electrum. If yes then any body can guide me.

And suppose I transfer my BTC in Electrum and Electrum gets close then how can I recover my BTC while Electrum is down. Please guide me.

Hi

After reading of lots of thread regarding 1st Aug 2017 I still didn't understand anything. Because I am not a tech guy. I am an investor and Invested my money into bitcoin and stored on blockchain.info BTC wallet.

But what will happened on 1st Aug 2017 I don't know and may be some more users also don't know. Some user said that blockchain.info BTC wallet is also not safe. That's why I make a decision after reading this thread - https://bitcointalk.org/index.php?topic=2012799.0

As admin - theymos recommend that storing my bitcoin to Electrum wallet is more safe then other place even I am not confirmed what will happened on 1st Aug 2017. So I downloaded the Electrum BTC wallet on my PC and create a Standard wallet and transfer my BTC from blockchain.info to Electrum Wallet.

Regarding creating Wallet what are the information I have to save or write down on my diary or somewhere else. Please guide me.

So my question is
Is it safe to create a Standard wallet or wallet with two factor authentication?
Is it possible to upgrade this wallet with two factor authentication?

If Bitcoin split then both type of Bitcoin shows on my Electrum wallet and I am able to spend both type of Bitcoin from my Electurm Wallet.

I have also installed Electrum Android version on my Mobile.