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Author Topic: Best online wallet  (Read 11138 times)
Woshib (OP)
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June 12, 2016, 12:26:46 PM
 #1

I know there are a lot of wallets available.
This is why I want to know your opinion what is the best online Bitcoin wallet, in level of security, protection of our Bitcoins and availability of support.
wintermeasures
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June 12, 2016, 12:28:52 PM
 #2

I know there are a lot of wallets available.
This is why I want to know your opinion what is the best online Bitcoin wallet, in level of security, protection of our Bitcoins and availability of support.

I suggest using a wallet from blockchain.info proven safety and many bitcoin users who use their services. Or you can choose here https://www.bitcoin.com/choose-your-wallet thank you
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June 12, 2016, 12:29:38 PM
 #3

I know there are a lot of wallets available.
This is why I want to know your opinion what is the best online Bitcoin wallet, in level of security, protection of our Bitcoins and availability of support.

Blockchain.info since they allow you to have access to your private keys (legacy wallet because new wallet don't allow that) and there is also 2FA which increase the security too.
I wouldn't recommend storing in exchanges like Coinbase or Bitstamp etc...

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Woshib (OP)
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June 12, 2016, 12:32:11 PM
 #4

Thank you for your answers.
In your opinion, Xapo is enough secure to store Bitcoins?
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June 12, 2016, 12:35:17 PM
 #5

It is best to just avoid web wallets. Why do you need to use one? How about a desktop wallet, something in the lines of Electrum?

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June 12, 2016, 12:36:37 PM
 #6

Thank you for your answers.
In your opinion, Xapo is enough secure to store Bitcoins?

wallets like Xapo, coinbase are good but there is a problem with them. you don't have access to your private keys so you don't control your bitcoins, they do.

this means in case they go under for any reason (bankrupts, fraud,...) you will lose all your money.

but wallets like blockchain.info are not like this because you have the private keys.

IMPORTANT: online (web) wallets are not secure because they are all susceptible to hack. try to use cold storage instead, if you have many bitcoins.

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Woshib (OP)
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June 12, 2016, 12:42:11 PM
 #7

Thank you for your answers.
In your opinion, Xapo is enough secure to store Bitcoins?

wallets like Xapo, coinbase are good but there is a problem with them. you don't have access to your private keys so you don't control your bitcoins, they do.

this means in case they go under for any reason (bankrupts, fraud,...) you will lose all your money.

but wallets like blockchain.info are not like this because you have the private keys.

IMPORTANT: online (web) wallets are not secure because they are all susceptible to hack. try to use cold storage instead, if you have many bitcoins.
But for small amounts of Bitcoins, online wallets are good.
On http://www.blockchain.info, there are transaction fees?
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June 12, 2016, 12:44:43 PM
 #8

I know there are a lot of wallets available.
This is why I want to know your opinion what is the best online Bitcoin wallet, in level of security, protection of our Bitcoins and availability of support.

I choose blockchain.info for the best online bitcoin wallet. Because blockchain is my first bitcoin wallet and until now there is no problem to blockchain and there is a big update on their wallet though.
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June 12, 2016, 01:44:21 PM
 #9

It is best to just avoid web wallets. Why do you need to use one? How about a desktop wallet, something in the lines of Electrum?

What about Multibit? Would you recommend it to newbies?

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June 12, 2016, 01:47:42 PM
 #10

It is best to just avoid web wallets. Why do you need to use one? How about a desktop wallet, something in the lines of Electrum?

There is no other explanation but people being too lazy to download software, install it and learn how it works.

Hopefully in the future software gets more user friendly, but I mean using Electrum it's pretty damn easy already.

Bitcoin Core is better, but Electrum is several orders of magnitude better than using any online wallet.

I guess dealing with stuff on a web browser is attractive for newbies or something.
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June 12, 2016, 01:48:42 PM
 #11

I know there are a lot of wallets available.
This is why I want to know your opinion what is the best online Bitcoin wallet, in level of security, protection of our Bitcoins and availability of support.
i suggest coinbase, they have 2fa so getting hacked is pretty unlikely. the reason i dont like blockchain is because its too slow. i have to login everytime i want to check the balance. their app sucks. and coinbase has an amazing app.
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June 12, 2016, 01:51:58 PM
 #12

blockchain.info
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June 12, 2016, 01:52:29 PM
 #13

I know there are a lot of wallets available.
This is why I want to know your opinion what is the best online Bitcoin wallet, in level of security, protection of our Bitcoins and availability of support.
i suggest coinbase, they have 2fa so getting hacked is pretty unlikely. the reason i dont like blockchain is because its too slow. i have to login everytime i want to check the balance. their app sucks. and coinbase has an amazing app.

I disagree. Coinbase allows 2FA however and unlike Blockchain.info they don't give you access to your private keys so If they want to run with your funds or they get really hacked/ or goes down for some reason you won't be able to access your funds .
If you want to check your balance simply search for your address in the blockchain.info and then bookmark that way you see your balance without connecting into your wallet each time.

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June 12, 2016, 01:57:29 PM
 #14

I use blockchain because is very easy to use also I like the android app.
All wallet is good depend on what you want to do with it.
For more security you can use mycellium wallet.
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June 12, 2016, 02:01:45 PM
 #15

I know there are a lot of wallets available.
This is why I want to know your opinion what is the best online Bitcoin wallet, in level of security, protection of our Bitcoins and availability of support.
It is the one and only Blockchain.info when it comes to best online wallet. No other online wallet can beat it but still I prefer to use other type for wallets like electrum, core, etc. for best safety and security.
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June 12, 2016, 02:19:16 PM
 #16

yah i guess i suggest to use blockchain.info
blockchain.info existing bitcoin since it first appeared, probably blockchain.info is the only wallet that has the trust of all users bitcoin.


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June 12, 2016, 02:19:27 PM
 #17

I know there are a lot of wallets available.
This is why I want to know your opinion what is the best online Bitcoin wallet, in level of security, protection of our Bitcoins and availability of support.
Every online wallet, exchange or service is advertised as ultra secure until proven otherwise.
If something is accessible, has online presence and is centralized, sooner or later there is possibility of security breach of some sort.
It either can be human error of the staff of security flaw in script etc.


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June 12, 2016, 02:28:01 PM
 #18

I will restrict my answer to your question since other members warned you about the risks of an online wallet
I tried blockchain.info, coinbase, xapo
The first one offers for you the private keys but I experienced with it many bugs especially when there is an attack
Coinbase and xapo offers free transactions (you don't have to pay fees) but in xapo you can't access to your bitcoin address unless after verification which I found abusing

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June 12, 2016, 03:10:30 PM
 #19

I know there are a lot of wallets available.
This is why I want to know your opinion what is the best online Bitcoin wallet, in level of security, protection of our Bitcoins and availability of support.
Maybe i don't suggest to you for best online bitcoin wallet. before, you can try one by one of bitcoin wallet. Because every bitcoin wallet has different excess,but many people using blockchain become their online wallet.

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June 12, 2016, 03:14:04 PM
 #20

Many have asked this question several times in this forum. I am using blockchain.info from the day 1 i heard about bitcoin without problem but if you don't feel much secure with completely web wallet electrum also provide liteweight software where private key is stored in your side rather than in electrum database. I suggest don't put all your bitcoin in one wallet better you devide them in different wallets. I haven't used xapo, coinbase etc much.

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