Moving away from Blockchain.info

[js112]

Hi,

I have some btc with blockchain.info, after having done some research I can see a lot of people not suggesting I store anything with them if the purpose is storage rather than occasional spending etc. I'm not the most technical of people, I have backed up my wallet with them a while back, and would be grateful if someone with a bit more knowledge can answer some questions I have:

1) Do I need to backup my wallet again after some recent transactions, or is it just a one time thing and that stores all the details of my wallet?

2) The wallet backup is a aes.json file, not found any certain answer on this, but alot of posts on this forum are possibly suggesting I can't import this wallet to a hardware wallet for storage?

3) I'd like to occasionally spend what I have, would a a secure hardware storage option allow me to do this?

If anyone can recommend a reliable storage option which doesn't require much technical know how to setup I would appreciate it, I know blockchain.info offer a paper wallet, if this is kept secure could I move this wallet elsewhere to another provider if blockchain.info were to suddenly disappear, this is my main concern

Thanks in advance

[OmegaStarScream]

All you need to have is the private keys , If you have them then you don't to take any other backups anymore and as far as I know the JSON file contains those private keys.
I'm not sure if the hardware wallets allow importing private keys , I wouldn't suggest using them If you are planning to use your coins daily or something like , they are better for long term storage just like Paper wallets.

Here are my suggestions :


1. Send your coins to an Electrum (Desktop wallet) and make sure you write down the seed the wallet generates for you, that way , If anything goes wrong you can recover your wallet.

2. Generate a paper wallet using Bitadress.org and send the coins from Blockchain.info to that paper wallet and keep it safe.

Of course the second suggestion is valid only if you are planning to hold your coins for long term , If it's for daily uses then go for Electrum.

[BigBoom3599]

I think the best option is a desktop wallet such as Electrum, it's easy for daily spending and more secure than blockchain.info because you're the only one with access to your funds. If you use Electrum or most other wallets you only have to backup your wallet once.

[js112]

All you need to have is the private keys , If you have them then you don't to take any other backups anymore and as far as I know the JSON file contains those private keys.
I'm not sure if the hardware wallets allow importing private keys , I wouldn't suggest using them If you are planning to use your coins daily or something like , they are better for long term storage just like Paper wallets.

Here are my suggestions :


1. Send your coins to an Electrum (Desktop wallet) and make sure you write down the seed the wallet generates for you, that way , If anything goes wrong you can recover your wallet.

2. Generate a paper wallet using Bitadress.org and send the coins from Blockchain.info to that paper wallet and keep it safe.

Of course the second suggestion is valid only if you are planning to hold your coins for long term , If it's for daily uses then go for Electrum.

Thanks for the suggestions, I'm going to download Electrum now, if my laptop was stolen for example that stored the wallet, providing I have everything can I just reinstall electrum on another computer and be good to go?

Going to look into the paper wallet with bitaddress too, not needing to cash out anything now so might be a good option, thanks

[js112]

I think the best option is a desktop wallet such as Electrum, it's easy for daily spending and more secure than blockchain.info because you're the only one with access to your funds. If you use Electrum or most other wallets you only have to backup your wallet once.

Thanks for answering that, always thought a backup was required after each transaction, Electrum seems like the way forward

[aioc]

All you need to have is the private keys , If you have them then you don't to take any other backups anymore and as far as I know the JSON file contains those private keys.
I'm not sure if the hardware wallets allow importing private keys , I wouldn't suggest using them If you are planning to use your coins daily or something like , they are better for long term storage just like Paper wallets.

Here are my suggestions :


1. Send your coins to an Electrum (Desktop wallet) and make sure you write down the seed the wallet generates for you, that way , If anything goes wrong you can recover your wallet.

2. Generate a paper wallet using Bitadress.org and send the coins from Blockchain.info to that paper wallet and keep it safe.

Of course the second suggestion is valid only if you are planning to hold your coins for long term , If it's for daily uses then go for Electrum.

This a very good advice for a newbie like me coming from a hero level member I would definitely implement this for the  safety of my bitcoin..

[thejaytiesto]

Honestly don't export private keys if you can avoid it. There's a reason why software like Bitcoin Core, doesn't show your private keys (im sure there is a way to do it via the command console but the regular user will not see an option to export private keys). This is for safety reasons.

So the best you can do is simply, get a local wallet like Bitcoin Core or Electrum if you don't want to download the whole blockchain (even tho it's ideal) and then simply send your coins from blockchain.info wallet to your new local wallet.

[sana54210]

I'm agreeing to the earlier replies. Move your coins to Electrum instead if you're looking for a reliable storage option.
It's really easy to use so you'll know when you get it.

If your laptop was stolen, however, you need to have your private key in a different place to be able to get your wallet back so my suggestion is that keep your private keys away from your laptop if its something you are in risk of.

[odolvlobo]

I'm agreeing to the earlier replies. Move your coins to Electrum instead if you're looking for a reliable storage option.
It's really easy to use so you'll know when you get it.

If your laptop was stolen, however, you need to have your private key wallet generation seed in a different place to be able to get your wallet back so my suggestion is that keep your private keys wallet generation seed away from your laptop if its something you are in risk of.

The wallet generation seed is not a private key.

[countryfree]

I'm also considering the same move but for another reason. I don't like their last upgrade. I've never had much money on that account, but it was convenient and accessible from everywhere, even via Tor, but I don't want to give them my email address.

[RealBitcoin]

Blockchain.info is good for hotspending, but i would not recommend storing many bitocin there, for that you have msigna and electrum.

But then again you can spend the same way from electrum, as you can from them. Perhaps the 2FA is the useful feature blockchain.info has.