Blockchain.info and coinbase.com - are the most used web wallets ?

[bornil267645]

Before Mt. Gox got goxed, it was one of the most used site. And look what happened. So it's never a good idea to use web wallet. New users should quickly get their knowledge.

[randy8777]

Before Mt. Gox got goxed, it was one of the most used site. And look what happened. So it's never a good idea to use web wallet. New users should quickly get their knowledge.

web wallets are ok if you only store small amounts in them. but there are newbie and regular users who use it as their main wallet with all their coins in it. that's just stupid.

[ammy009]

Here is my suggestion --

1. Blockchain.info
2. Coinbase
3. Xapo
4. Bitgo
5. block.io
6. bitcoinwallet
7. Copay

[coinpr0n]

Sure. Coinbase has millions of users. Blockchain too. Are the most reliable wallets. Coinbase is better than blockchain because have no fee when you send bitcoins. When you send bitcoins all the fees are supported and paid by the company (coinbase). What else can be asked from a such service?

Well... No fees only if your sending to another user of Coinbase. Right? Also, worth mentioning that Coinbase has been known to shutdown accounts that they are used for gambling and whatever else goes against their ToS (I haven't actually read it).

[tsoPANos]

Hi all,

Please i want to know if Blockchain.info and coinbase.com - are the most used web wallets ?


thank you .

Yes they are , mostly Blockchain.info because Coinbase is basically an exchange more then a wallet .
But .. IT's not recommended to use them at all because It's online and you have no control on your private keys , If one of those websites gets hacked, your bitcoin are screwed . you may wanna use something like Electrum , Multibit or Bitcoin Core .

No that's wrong blockchain.info provides control over your private keys.
It is impossible for them to steal your money. They can't even view your balance.
However, using a bitcoin client(even an SPV one) is still better than any web wallet.

[mooseCavalry]

It is impossible for them to steal your money. They can't even view your balance.

Proof?

I recently switched away from blockchain.info's wallet to a software SPV wallet that is open source and able to be verified by third parties as secure.

[ammy009]

It is impossible for them to steal your money. They can't even view your balance.

Proof?

I recently switched away from blockchain.info's wallet to a software SPV wallet that is open source and able to be verified by third parties.

Hello guys, here is my personal view ---
Online wallets are always risky even if it provides maximum security. SPV wallets like as Electrum in offline mode is 100% risk free. So, my opinion is with large amounts you must use Electrum cold storage.

[coinpr0n]

It is impossible for them to steal your money. They can't even view your balance.

Proof?

I recently switched away from blockchain.info's wallet to a software SPV wallet that is open source and able to be verified by third parties as secure.

I don't use bc.i anymore either but FYI the way you should be using them is through their browser extensions, which are open source and verifiable by third parties.

Proof: https://github.com/blockchain/My-Wallet

Edit: https://github.com/blockchain/My-Wallet-Chrome-Extension and https://github.com/blockchain/My-Wallet-Firefox-Extension

[Patatas]

I think blockchain.info is the most used web based bitcoin wallet and coinbase is just next to it but personally i use coinbase cause I feel more secure with it

[The Bad Guy]

People always say that Blockchain.info is good for a "daily sendings" but that's totally inacurrate. What makes you that you can't use the best and easiest / fastest wallet in the world, Bitcoin Core, for your daily sendings? It's pretty much easier and faster that Blockchain.info, it's even more safe!

[jbrnt]

People always say that Blockchain.info is good for a "daily sendings" but that's totally inacurrate. What makes you that you can't use the best and easiest / fastest wallet in the world, Bitcoin Core, for your daily sendings? It's pretty much easier and faster that Blockchain.info, it's even more safe!

Because you have to download the blockchain. Limited bandwidth or download quota could be problems for some users. If you don't have it opened on "stand by", you'll need to wait hours for it to sync before you can spend your coins.

Is coinbase good? Since so many people are using them, I should give it a go.

[The Bad Guy]

People always say that Blockchain.info is good for a "daily sendings" but that's totally inacurrate. What makes you that you can't use the best and easiest / fastest wallet in the world, Bitcoin Core, for your daily sendings? It's pretty much easier and faster that Blockchain.info, it's even more safe!

Because you have to download the blockchain. Limited bandwidth or download quota could be problems for some users. If you don't have it opened on "stand by", you'll need to wait hours for it to sync before you can spend your coins.

Is coinbase good? Since so many people are using them, I should give it a go.

Coinbase may be good as a wallet, but it's definitely the worst ( or at least one of the worst ) exchange, their fees are goddamn high and even if you want a refund ( before BTC is send ) they will charge you with an insane fee. I believe that Coinbase is made just for collecting fees, they don't contribute to the community.

[ammy009]

People always say that Blockchain.info is good for a "daily sendings" but that's totally inacurrate. What makes you that you can't use the best and easiest / fastest wallet in the world, Bitcoin Core, for your daily sendings? It's pretty much easier and faster that Blockchain.info, it's even more safe!

Because you have to download the blockchain. Limited bandwidth or download quota could be problems for some users. If you don't have it opened on "stand by", you'll need to wait hours for it to sync before you can spend your coins.

Is coinbase good? Since so many people are using them, I should give it a go.

Coinbase may be good as a wallet, but it's definitely the worst ( or at least one of the worst ) exchange, their fees are goddamn high and even if you want a refund ( before BTC is send ) they will charge you with an insane fee. I believe that Coinbase is made just for collecting fees, they don't contribute to the community.

Ha ha ! 100% agree with you