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Author Topic: What wallets do you use and why?  (Read 34688 times)
n2004al
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December 15, 2015, 03:39:15 PM
 #21

I myself use 3 different wallets. One is on my Android device, one on my desktop PC and one online.

The one i like the most is on my desktop, MultiBit. I like it because you can quicky generate new deposit adresses and keep track of your incomes and outcomes. I only use Blockchain for some payments, and on my mobile phone i have MyCelium wallet, which i use for mobile/QR code scanning payments.

What wallets do you use and which one do you prefer and why?

I use Coinbase since almost three years. Initially had one at blockchain.info but then after the known of Coinbase decide to use this last for to many reasons. First Coinbase pay all my fees for every sent of bitcoins I made. So no any kind of fee for me. Then 98% of customer funds are stored offline. Offline storage provides an important security measure against theft or loss. Coinbase distribute bitcoin geographically in safe deposit boxes and vaults around the world.

Coinbase is insured against employee theft and hacking in an amount that exceeds the average value of online bitcoin it holds at any given time. Specifically, Coinbase's insurance policy would respond in the event that bitcoin stored in Coinbase was lost or stolen as a result of a breach of our physical security, cyber security, or as a result of employee theft. Coinbase has held this insurance since November 2013 with highly rated carriers (S&P rating of A+ or A.M. Best Rating of A XV or higher).

Then I can create a multisig vault in minutes, just like me would want to have a regular vault or wallet. The difference is that I am in total control of my private keys.

Naturally that if wanted can be used 2 step verification. But not with sms in your cell (thing very boring because to many time the sms cannot arrive and let you out of your money. But using Authy in your smartphone which generate how many codes you want to use in the moment that you open it. So enter in your wallet with two step verification using directly the codes that are generates in your smartphone.
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December 15, 2015, 04:01:28 PM
 #22

I use blockchain android app and mycelium wallet.
I used blockchain web wallet too.
I tried blocktrail.com web wallet for a while but I stopped because I have no access to my private keys
I do not own a PC or a Laptop so I don't use desktop walleta

Even I use Blockchain android application because it's user friendly and safe one of my friend suggested me Blockchain after using it or long time.

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Lucius
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December 15, 2015, 04:20:51 PM
 #23

I use Multibit Classic and I am satisfied with what offers as well as ease of use.I do not hear much of a positive opinion on MultiBit HD so at the moment I do not plan to switch to a new wallet but I will certainly explore some new options Smiley

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December 15, 2015, 04:24:05 PM
 #24

I use Trezor hardware wallet, Mycellium for Android and Electrum! I love them all and I like mycelium and Electrum since I can use them with my Trezor!

I use these wallets as I think they are the safest ones around and the easiest to use and secure in my opinion!
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December 15, 2015, 04:48:14 PM
 #25

...

-- I use my blockchain.info wallet for receiving BTC, sometimes mixing with their SharedCoin service, and I keep about $20 worth of BTC there, just in case I need to buy a meal somewhere where BTC is accepted...

-- I have a Ledger Nano and a Trezor, I keep the bulk of my BTC there in cold storage.  Both highly recommended!

-- And a blockchain.info app wallet in my iPhone (small amounts, say $20).
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December 15, 2015, 04:55:39 PM
 #26

In past multibit since it was faster than core way faster.
Now things changed, core is now fast enough and actually free (multibit is not now).
btcprospecter
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December 15, 2015, 05:22:29 PM
 #27

i use mycelium but im new to this and this one was recommended to me. learning a little more every day

bearex (OP)
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December 15, 2015, 05:23:33 PM
 #28

In past multibit since it was faster than core way faster.
Now things changed, core is now fast enough and actually free (multibit is not now).

Damn, i totaly forgot about the multibit fees. But hey, i like them more than constant core updates.
yoona
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December 15, 2015, 05:31:11 PM
 #29

I myself use 3 different wallets. One is on my Android device, one on my desktop PC and one online.

The one i like the most is on my desktop, MultiBit. I like it because you can quicky generate new deposit adresses and keep track of your incomes and outcomes. I only use Blockchain for some payments, and on my mobile phone i have MyCelium wallet, which i use for mobile/QR code scanning payments.

What wallets do you use and which one do you prefer and why?
i will tell my story about my wallet,this is little funny Grin
first time i know bitcoin,i use blockchain,and its until severl years,i never think that i willchoose another wallet,but sometime i must share my private key for some CLAM Grin and after that,my friend tell me that if wallet have shared it private key,it cn't be safe anymore,and after that i choose coinbase until now,i dont think coinbase better than blockchain,but the only thing make its different is,fee Grin
azeminjo09
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December 15, 2015, 05:38:03 PM
 #30

atm I use only blockchain wallet cuz yet I didn't received any large amount of btc, but also I'm thinking to make a desktop wallet (electrum probably) to keep collected money on it.
virtualx
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December 15, 2015, 05:40:24 PM
 #31

I myself use 3 different wallets. One is on my Android device, one on my desktop PC and one online.

The one i like the most is on my desktop, MultiBit. I like it because you can quicky generate new deposit adresses and keep track of your incomes and outcomes. I only use Blockchain for some payments, and on my mobile phone i have MyCelium wallet, which i use for mobile/QR code scanning payments.

What wallets do you use and which one do you prefer and why?

I would like one wallet for all devices, but there is no such thing.. maybe in 2016  Smiley
I used blockchain and electrum

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cluit
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December 15, 2015, 05:42:08 PM
 #32

I myself use 3 different wallets. One is on my Android device, one on my desktop PC and one online.

The one i like the most is on my desktop, MultiBit. I like it because you can quicky generate new deposit adresses and keep track of your incomes and outcomes. I only use Blockchain for some payments, and on my mobile phone i have MyCelium wallet, which i use for mobile/QR code scanning payments.

What wallets do you use and which one do you prefer and why?
i will tell my story about my wallet,this is little funny Grin
first time i know bitcoin,i use blockchain,and its until severl years,i never think that i willchoose another wallet,but sometime i must share my private key for some CLAM Grin and after that,my friend tell me that if wallet have shared it private key,it cn't be safe anymore,and after that i choose coinbase until now,i dont think coinbase better than blockchain,but the only thing make its different is,fee Grin

It's always better to have more than one type of wallet.
You must go one online wallet and one desktop wallet. Light weight wallets are same as online wallets but you will not be able to access where ever you like online wallets.
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December 15, 2015, 05:50:12 PM
 #33

I use a couple of different wallets, some hot wallets on Blockchain.info and an Electrum wallet on my desktop pc.
Also have an Armory wallet on a laptop that isn't connected to the internet for cold storage + backup.

And another one on my Android phone, though that one hasn't seen much use to be honest.

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December 15, 2015, 06:17:17 PM
 #34

I only use online wallet for most of the time. But i put almost all of my coin in cold wallet addres and printed copy of it with myself. I don't save those paper wallet in laptop and i think this is the safest way to store.
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December 15, 2015, 08:03:50 PM
 #35

Blockchain.info is how I move things around but use Mycelium for the ease of use on my cell.
Found it really easy to navigate when I just want to get in and out of a transaction without any issues.

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December 15, 2015, 08:18:11 PM
 #36

i use only two wallets right now a paper wallet that i have a several copies of it where i keep my coins that i dont use and the online called blockchain.info it is my hot wallet and i do all the transactions from it

 
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December 15, 2015, 08:21:32 PM
 #37

I still use blockchain.info wallet. Unreliable before, I have no issues with it now.
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December 15, 2015, 08:26:14 PM
 #38

i have only an online wallet i dont have that much bitcoins to store it somewhere in a cold storage and i dont save up any coins so there is no need for me to create the paper wallet or buy a hardware one
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December 15, 2015, 09:51:06 PM
 #39

I still use blockchain.info wallet. Unreliable before, I have no issues with it now.

I don't see why anyone would prefer online wallet over local one. I use electrum wallet, and am quite satisfied with it.
Depending on online wallets is not very smart move imho, and it's much better to really be in control of your coins with a local wallet.
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December 15, 2015, 09:52:45 PM
 #40

I started using Multibit lately. It loads much faster since there is no need to download the full Blockchain data. I am not sure what I will do with my Bitcoin Core wallet. I'll let it stay on my pc for now. If Multibit seems to do everything I expect from a wallet, then I will probably delete Core.
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