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Author Topic: Is bread wallet okay to store my bitcoins?  (Read 3612 times)
miguelmorales85
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October 26, 2017, 09:06:54 PM
 #21

Ive searched that bread wallet connects you directly to the blockchain network and then will serve as a wallet. But whats good here is that your naming your own bitcoins and is not hosted by services that promise you this amount of coin. Is this really good. I wanted to know the pros and cons. Anyone who can share his/her experience?
Bread wallet!! Today first i heard about this wallet from you. I only used blockchain and desktop wallet like electrum wallet. Sometimes also use Coinbase wallet. However, If they provide a private key, Than its good. If they not, than leave this account. just my personal suggestion dude

Is coinbase a wallet? I heard its an exchange? What do you suggest for between blockchain and electrum. Because of your replies guys I will be leaving all this wallets i have haha! Thank you!  Cheesy

well every exchange can  function as a wallet as well, you can store there your funds, although it's not recommended to do so for security reason the exchange can be hacked

i would suggest bitcore direcly with prune mode if you don't have enough space, otherwise i like armory, electrum is too much centralized for my taste

why bitcore and not bitcoin core ?or do you mean bitcoin-QT?
I am looking for the difference between bitcore and bitcoin-QT
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October 27, 2017, 10:16:15 AM
 #22

Ive searched that bread wallet connects you directly to the blockchain network and then will serve as a wallet. But whats good here is that your naming your own bitcoins and is not hosted by services that promise you this amount of coin. Is this really good. I wanted to know the pros and cons. Anyone who can share his/her experience?

yeah thats absolutely perfect. from this wallet to we have to send and receive bit coin more secure. really it is better than a bank we have to receiving and transferring securely. it has no hidden fee and particular time any time we have to send to this. in this wallet we have  to set up our keys and passwords more secure. bread wallet allow to maintain secure bit coin. so really it is very good to use
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October 27, 2017, 04:00:35 PM
 #23

This - as always - depends on the amount of bitcoins you want to store on this wallet.
I personally wouldn't use bread wallet for larger amounts. i would rather go with electrum for desptop or mycelium for android.
But the best option is a hardware wallet (costs about 60$, some are cheaper tho).

You should definetly make sure you are in a safe environment when creating a wallet/addresses in bread wallet. Also backup your phrases/priv keys.
And never copy/paste them. Those will stay in your memory until you shut your pc down. A big attack surface for malware.

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