Can I trust Blockchain.info wallet?

[ChuckSRQ]

I started my wallet there in 2013 and forgot about it.  I recovered it and now updated it to their "new wallet."

I saw a lot of posts on Reddit that say it would not be wise to use them. But I like the site and the app for my iPhone.

Dumb question, if I make an address with it, can I use that address with a different wallet? If so, do I just use the address and key to migrate it?

[1715404790]

1715404790

[gentlemand]

Yup. It gives you your private key and you can take that wherever you like. I stopped using blockchain.info because I realised I couldn't secure my own machines which is always going to be the largest weak spot.

[DarkStar_]

You can export your private keys in the section where you can manage your addresses. The biggest risk with Blockchain.info is that when you login, they could feed you malicious JavaScript that would give your funds to them instead of sending it where you want to. Otherwise, it is pretty secure (unless you have a simple alias and password) and is probably one of the best web wallets out there. I trust Blockchain.info with my 1 Bitcoin, but probably nothing more then 2 Bitcoin. I do also have my keys on Electrum on my laptop, just in case block chain.info goes down or people realize they are feeding them bad JavaScript.

[Genius Einstein]

Well as per my experience blockchain is the most trustworthy is the best wallet i have ever seen and if you look through all the posts then you will see that a lot of people will back me up with what i have to say

[lottery248]

at least blockchain is not storing your unencrypted keys that will let the hacker get yours when under attack.

[GreenBits]

Well as per my experience blockchain is the most trustworthy is the best wallet i have ever seen and if you look through all the posts then you will see that a lot of people will back me up with what i have to say

Same here, I've never had any issue personally with the service, but they have had some issues in the past (a RNG issue that allowed some accounts to be compromised, and some blockchain sync issues that stopped users from making transactions that didn't have their private keys). I'd trust them, and did with my bitcoin paycheck for years, I'd just suggest you record your keys so you can move your coins should the service go down.

If you don't have sole access to the private key, you don't technically have control over the coin, in my opinion. Something to chew on.

[letyouearn2]

Off course,  you can trust block chain wallet without a doubt.  Till you have a backup your mnemonics , you will not face any problem using it.

[Quartx]

As I will tell anyone who intends to hold bitcoins, get a hardware wallet like trezor, if you have more than 0.5 bitcoins in your wallet and you do not have a trezor or similar hardware wallet, you have no one to blame if you lose coins one fateful day

[bitbaby]

Not with a lot of BTC you can't, if you're just going to use it for day to day expenses, like to keep up-to $10-20 then there is no problem i.e. if you keep back up of your keys(taking the keys out of newer version is tricky, so make sure you know how to do that before hand) but I wouldn't recommend you keep large sum of money there. Rest is up to you.

[BitcoinSupremo]

Are you really sure you can trust the web wallet with the most horror stories (most hacks in history of bitcoin) ? Some hacks or the majority comes from flaw of users using same password they used on email and other sites, not adding 2FA but still how can you trust someone else to hold bitcoins for you as this is what you are doing, when you are using web wallet. Why not use a desktop or hardware wallet and have peace of mind , have peace of mind with a desktop wallet, when u use safe OS and know that to be hacked is very difficult although possible.

You should not trust Blockchain.info with the majority of your coins, maximum let some very little amount for your daily online activities.

[Hazir]

I am sure that blockchain.info wallet is solid company. But... it is online service and every centralized online service it has vulnerabilities.
It can be hacked, it can be ddosed. And I've seen couple of phishing attempts when hackers cloned blockchain's site and gathered logins and passwords of unsuspecting people.

If you are ok with all these dangers present - then go ahead and use online wallet - but I would recommend using old fashioned software wallet instead.

[Slow death]

well, depends on the amount that you want to trust ... I had some sad episodes with blockchain.info

but the worst was that I traveled and when I arrived the next day destination I log on my blockchain account, but not accepted enter that IP, I insisted for days until I thought about giving up the Wallet

After a long time I decided to try his luck and was accepted when signing in. so I think you should not leave a lot of money.

Keep an eye always!

[densuj]

My experience is yes i am believe on blockchain, but for security reasons i never put all of bitcoin on blockchain.

[coinpr0n]

I wouldn't trust more than just spending amounts with Blockchain.info - but I do use them and cannot complain too much about their service. I like the ability to import / export private keys although it's more about convenience rather than security. At this moment in time I'd use them before using Coinbase, but I have also been hearing a lot of negative statements about how they are wasting VC money.

[fastboy619]

Seems like everyone thinks the blockchain.info wallet isn't too secure. But what about their receive payments API then? I'm sure they didn't make that just for people to receive spending amounts.

I was thinking of using the blockchain.info API for my upcoming project, is this safe?

[SAMKUSH]

Well as per my experience blockchain is the most trustworthy is the best wallet i have ever seen and if you look through all the posts then you will see that a lot of people will back me up with what i have to say

i personally do trust Blockchain.info wallet as i have not encountered any problems using the wallet and i have set precautions to avoid any misfortunes from using it. Trust rating 8/10

[mindrust]

I hear people with hacked wallets from time to time in this forum, so i wouldn't trust them. Especially if you are going to keep lots of money. I don't think you will have any problems with small amounts though.

[arbitrage]

My politics is don't trust to anyone, but still sometimes you need to use those services and exchanges..
And you will be safe probaly if you dont stay to long on one location only. 

[hasiramasenju]

basically i still trust blockchain wallet because till now i still use it but if i see some people having problem during use blockchain wallet and lost their bitcoin I'm a little bit wary using this wallet and don't dare save all my bitcoin into this wallet but my advice for you is if you want to save huge amount of bitcoin don't use this wallet

[Evildrum]

People have addressed the trust factor for the most part,the new wallet adds a wrinkle at the moment as it gets ironed out.
Personally holding off for a bit till they get the bugs meshed.
One thing that relates to trust is it does go down from time to time and I have needed coin from my wallet and can not access it till they fix the glitch. It usually does not last a long time but if you are using it for a purchase in the real world I would put the same amount in another wallet so you have a back up plan if the blockchain is down. I always do this and its served me well two times now.