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Author Topic: What Bitcoin wallets are best to use?  (Read 15871 times)
chaosknight
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August 11, 2016, 09:08:40 PM
 #141

i am using coinbase. i heard that blockchain.info have transaction fees? i will just transfer my bitcoins there if i already have more bitcoins

Yeah, in blockchains.info there are transaction fee. Likewise in Coinbase, actually Coinbase also pay a transaction fee but they use their own money do not like blockchain that charge a transaction fee to us. thanks

I don't think anything wrong in paying minimal fees if my coins are safe in wallet, even if blockchain charges fees I will continue to use it as the safety of my coins is more important then fees.
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August 11, 2016, 11:51:59 PM
 #142

Use a wallet that is registered in your country,for example im from the philippines and coins.ph is the wallet i use cause it gives me help in paying my bills and top up my phone instantly.
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August 12, 2016, 01:04:07 AM
 #143

Use a wallet that is registered in your country,for example im from the philippines and coins.ph is the wallet i use cause it gives me help in paying my bills and top up my phone instantly.

I would say use a wallet that is based on security.  I would look at cold storage like a paper wallet, they will always remain king as they are free and easy to make.  Just have to make sure you create on a machine not compromised and store safely.  Also you can use hardware wallet's some like Trezor make bitcoin storage very easy and very secure to the point you should not be hacked as long as you store seed's safely. 

But online web wallets have a place just to me I don't see it being a main wallet.  They are good for daily spending not long term in my eye's.
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August 12, 2016, 04:59:26 AM
 #144

the best wallet my use
is xapo, is complete debitcard legal and free send transaction
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August 12, 2016, 05:32:11 AM
 #145

I don't think anything wrong in paying minimal fees if my coins are safe in wallet, even if blockchain charges fees I will continue to use it as the safety of my coins is more important then fees.

True that I also agree with you, as long as my money is safe and secure fee charged was not a problem, than we are looking for a free service, but with a lower security quality. I think that bitcoin have small fee, and you will not be poor due to pay that fee. hehe

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August 12, 2016, 06:44:54 AM
 #146

iam use blockchain old wallet
much experience good feature import/export wallet
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August 15, 2016, 12:53:17 PM
 #147

Use a wallet that is registered in your country,for example im from the philippines and coins.ph is the wallet i use cause it gives me help in paying my bills and top up my phone instantly.

I would say use a wallet that is based on security.  I would look at cold storage like a paper wallet, they will always remain king as they are free and easy to make.  Just have to make sure you create on a machine not compromised and store safely.  Also you can use hardware wallet's some like Trezor make bitcoin storage very easy and very secure to the point you should not be hacked as long as you store seed's safely. 

But online web wallets have a place just to me I don't see it being a main wallet.  They are good for daily spending not long term in my eye's.

It is good that you are using a wallet based in your country because you can somehow trust them or maybe they more accessible when it comes to paying your bills but we should always take into consideration the security the wallet service gives. If the wallet seems to be secure and at the same time convenient for you, then that wallet could be a good choice. Smiley

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August 15, 2016, 05:35:25 PM
 #148

The best wallet is the wallet that you have the private key of your bitcoin address or at least the seed/passphrase of your wallet, all others are not 100% safe because if you don't control your bitcoin then the chances that someone else if playing with them are not low. So I would go with paper wallet the old method is gold method.

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August 16, 2016, 12:23:54 AM
 #149

I'm currently using blockchain. I like it because it is secure, and they have a mobile app, so i can manage my wallet on the go.

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SteinsMadScientist
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August 16, 2016, 03:01:27 AM
 #150

Breadwallet is a great wallet for your phone.  You have to have a lock code on your phone in order to use it, for added security or it won't open.  I like Blockchain however the fact that it is an online wallet means that I wouldn't use it to hold large amounts.  I reserve that for my cold wallet Smiley
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August 18, 2016, 09:31:38 AM
 #151

Breadwallet is a great wallet for your phone.  You have to have a lock code on your phone in order to use it, for added security or it won't open.  I like Blockchain however the fact that it is an online wallet means that I wouldn't use it to hold large amounts.  I reserve that for my cold wallet Smiley

I use breadwallet too and it is definitely safe to keep your Bitcoins there. IMO, it is better to have multiple wallets just in case one service is down, at least you still have remainingor some Bitcoin to use. Smiley

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August 20, 2016, 02:49:46 AM
 #152

The best wallet is the wallet that you have the private key of your bitcoin address or at least the seed/passphrase of your wallet, all others are not 100% safe because if you don't control your bitcoin then the chances that someone else if playing with them are not low. So I would go with paper wallet the old method is gold method.

That is definitely a good point but for beginners, you can still start with online wallets because they are still safe. When you go further and you keep bigger funds, you should opt for offline or paper wallets. It is also recommended to use various Bitcoin wallets so that if in case something wrong happened in your wallet you, do not lose all your Bitcoins. Smiley

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August 20, 2016, 07:50:22 PM
 #153

I'm currently using blockchain. I like it because it is secure, and they have a mobile app, so i can manage my wallet on the go.
I assume you're talking about blockchain.info right? If so, I really hope you don't store all your coins there because it's a third party having control over it.

I personally only use bitcoin core as it allows me to run a full node from time to time. I say from time to time because it's quite heavy for my computer to keep the client open all day.

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August 20, 2016, 07:56:31 PM
 #154

Use a wallet that is registered in your country,for example im from the philippines and coins.ph is the wallet i use cause it gives me help in paying my bills and top up my phone instantly.

Most of the countries don;t have a registered wallet like in philippines the coins.ph.

If people want a main wallet and a hot wallet then they should chose an offline wallet such as hardware wallet or electrum.

And a hot wallet for personal/daily use such as Mycelium, again hardware wallets are good too, and/or web wallets for small amounts.
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August 20, 2016, 09:11:37 PM
 #155

I'm currently using blockchain. I like it because it is secure, and they have a mobile app, so i can manage my wallet on the go.
I assume you're talking about blockchain.info right? If so, I really hope you don't store all your coins there because it's a third party having control over it.

I personally only use bitcoin core as it allows me to run a full node from time to time. I say from time to time because it's quite heavy for my computer to keep the client open all day.

Supposedly, they don't have any way of knowing or accessing your private keys. Supposedly this has been verified somehow, but I am hazy on the details. In any case, the consensus is that with blockchain.info, you do not control the software that controls your private keys (not local to your machine) -- so in theory, there are attack vectors that could empty your wallet whether or not Blockchain.info had control over your keys. I believe they do not have control over your keys. But the implementation is susceptible to attack.
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August 20, 2016, 09:20:26 PM
 #156

i am using coinbase. i heard that blockchain.info have transaction fees? i will just transfer my bitcoins there if i already have more bitcoins

The Bitfinex hack is another reminder to avoid giving control over your bitcoins up to custodians. You can secure your own PC better than they can secure hundreds of thousands of bitcoins -- they have a target on their back. They have many, many employees. People have tried for years, and continue to try to crack their security setup. That's just a fact of being an exchange / 3rd party wallet provider.

Better to stick with a solid desktop wallet, like Bitcoin Core.

 
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August 20, 2016, 09:45:16 PM
 #157

Breadwallet is a great wallet for your phone.  You have to have a lock code on your phone in order to use it, for added security or it won't open.  I like Blockchain however the fact that it is an online wallet means that I wouldn't use it to hold large amounts.  I reserve that for my cold wallet Smiley

Any mobile wallet is also generally less secure. And when you download apps to your phone, what kind of verification are you doing? Are you making sure that you are receiving the correct binary, signed by the original author? Or do you just download it from the app store and don't ask any questions?

I would be careful not to keep much stored on a mobile phone wallet either.
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August 24, 2016, 12:37:35 PM
 #158

Mainly choosing a wallet mainly depends on how many bitcoins you are going to be storing in it and how often you need them. If you are storing them for the time when the value increases then use cold storage like paper wallets.If you are using bitcoins frequently for buying things then use online wallets but do not store too much bitcoins in there as there is a chance of losing them.
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August 24, 2016, 01:23:35 PM
 #159

I'm currently using blockchain. I like it because it is secure, and they have a mobile app, so i can manage my wallet on the go.
I assume you're talking about blockchain.info right? If so, I really hope you don't store all your coins there because it's a third party having control over it.

I personally only use bitcoin core as it allows me to run a full node from time to time. I say from time to time because it's quite heavy for my computer to keep the client open all day.

I sometimes save a lot of bitcoin there and it was safe, even using blockchain.info for 3 years.
I think blockchain very well-known and safe, do not worry about it.

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August 25, 2016, 02:08:00 PM
 #160

I think that many bitcoin wallets are good, it is all about which you like more,for example i like blockchain so i use it, and it is pretty good wallet
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