[General] Bitcoin Wallets - Which, what, why?

[Briggsmarineconsult]

I need help I lost my phone that is linked to my bitcoin wallet that has 2 way factor key

[1715204596]

1715204596

[1715204596]

1715204596

[1715204596]

1715204596

[1715204596]

1715204596

[SFR10]

I need help I lost my phone that is linked to my bitcoin wallet that has 2 way factor key

You might want to mention the name of the wallet or the service in question, but most of them also provide backup codes when you first set up 2FA on your wallet or rather account.
^{- It's worth mentioning that some of these platforms have the option of resetting your 2FA as well!}

[Mystic75]

I Think Binance in tha bwst bitcoin wallet. It's easy to use. Very user friendly. Easy to withdraw and Deposit. Treading option and much more...

[SFR10]

I Think Binance in tha bwst bitcoin wallet. It's easy to use. Very user friendly. Easy to withdraw and Deposit. Treading option and much more...

I'm not a Binance user, but AFAIK they don't have a dedicated Bitcoin wallet ^{[disregarding their involvement with a certain brand of HW]} so all of your stored assets in their so-called wallet belong to them ^{[they can freeze or confiscate it whenever they want]}!
^{Note: The user-friendly part is a trade-off between security and convenience!}

[Plan well]

hi i am a newbie as u can see,excuse my question but are offline wallets advantageous?
in term of security.

[Cricktor]

...

I'm quite certain you're speaking of an air-gapped wallet setup, where the offline/air-gapped part keeps the private keys safe and never has contact to online internet. The air-gapped part thus is unreachable for malware or other nasty things.

Such a setup has a watch-only wallet part (the watch-only wallet doesn't have private keys and thus can't loose those to malware) which is online to broadcast signed transactions and of course receive updates on transactions of the wallet's addresses.

Such an air-gapped setup with an offline "cold wallet" that holds and secures the private keys and an associated online watch-only "hot wallet" without private keys (it has only the extended public master key to generate all addresses of the wallet) is very secure.

It's less convenient than a decent hardware wallet but offers very good security if handled properly and keeping the cold part always offline.

You should be able to find more about it with search keywords "air-gapped software wallet".

[AprilioMP]

I Think Binance in tha bwst bitcoin wallet. It's easy to use. Very user friendly. Easy to withdraw and Deposit. Treading option and much more...

Binance is not a wallet, but an exchange. The address obtained from Binance for deposits is only an address without any seed phrase or private key held by the user. Don't misinterpret it.

hi i am a newbie as u can see,excuse my question but are offline wallets advantageous?
in term of security.

Very beneficial for security. Security protection of storing assets in a strong offline wallet.
For me, cold storage is the safest place to store assets because if it is done in the right way, we will get a good level of security. Storing assets in an offline wallet means that we store assets in a place that is not connected to the internet because internet activity is very vulnerable to the safety of important assets.
It is highly recommended to store assets in an offline wallet.