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

[Husna QA]

In Mobile wallets: Having stored bitcoin or other crypto coin on your mobile wallet app, want to know if changing of device do affect the wallet?  Like re_downloading the wallet app on a new device.

Bitcoin is stored in the Bitcoin Blockchain, and the Bitcoin wallet is a medium for being able to access bitcoin assets. When you have a seed or private key, then you can use it on a different bitcoin wallet, even on several devices at once. For this reason, highly recommended that you store the seed/private key in a safe place and not give it to anyone (who you don't trust) because this can cause your bitcoin assets to be easily stolen through other wallets from other devices.

For example, some time ago, I had tried to import private keys generated from Electrum to Bitcoin Core.

Code:

bc1q6n82wed2uf5953m5xewvx4lrkchndnp5we07z6

Here is the Private key that I tested:

Code:

 KxqHfKm7WESa2mwQnZrLRBKnvB5hGCcNnU7KctdHMnGJaq7vkwhw 

You can access the wallet by importing its private key to the mobile wallet (Noncustodial) that you use.

[CandelaCoin]

Metamask is my personal favorite. Easy to use, great UI, navigation, ERC-20 compatible, it's just great

[dkbit98]

Metamask is my personal favorite. Easy to use, great UI, navigation, ERC-20 compatible, it's just great

Lost in space here...
We are talking about BITCOIN wallets here boy, and you can't keep bitcoin on ethereum wallet. 

[gleisson05]

I used Exodus for a while, in fact, it was my first Bitcoin wallet. Maybe that's the reason I can't think of any major drawback of it. It has desktop version and integrates with Trezor, supports a wide assets range. There's probably one weak point which is storing user's private key on PC but you can just make a backup of it.

[riskyron]

Has anyone experience with EOS wallets? As far as I understand, EOS is an open-source blockchain protocol (like Ethereum) but it's faster and cheaper. So, my question is: if I create a EOS wallet, will the difference in fees and speed be any noticeable comparing with Ethereum wallets?

[Husna QA]

Has anyone experience with EOS wallets? As far as I understand, EOS is an open-source blockchain protocol (like Ethereum) but it's faster and cheaper. So, my question is: if I create a EOS wallet, will the difference in fees and speed be any noticeable comparing with Ethereum wallets?

As per the thread title. This thread discusses the Bitcoin wallet. Questions about other wallets such as EOS wallet as you asked above, please ask the following board:
https://bitcointalk.org/index.php?board=37.0

[AndersJoh]

Complete newbie here sorry!

Whats the best wallet for privacy, do they require documents to verify?

Normally a FIAT bettor but looking to get into crypto for its privacy advantages.

Thanks!

[joniboini]

Whats the best wallet for privacy, do they require documents to verify?
Normally a FIAT bettor but looking to get into crypto for its privacy advantages.

Any non-custodial wallet won't ask for KYC. Those who ask for KYC are mostly exchanges. Start by reading the OP until you understand everything mentioned, and decide whether you want to run a node or node. If not, and you plan on using a PC, Electrum is usually a good wallet to start. On mobile you have Samourai. But as always, do your own research first, don't follow any suggestion blindly. Make sure to verify any files you downloaded from the internet to avoid malware.

[riskyron]

Complete newbie here sorry!

Whats the best wallet for privacy, do they require documents to verify?

Normally a FIAT bettor but looking to get into crypto for its privacy advantages.

Thanks!

Normally, crypto wallets don't make you complete any KYC. They may only ask you to do that when buying crypto from them. For instance, Ownr wallet requires KYC for purchases over $50.

What concerns privacy, Samourai has always been associated with this word, but I'm afraid it can be too complicated for a "complete newbie".
Check Atomic or Guarda.

[DimitrisLodirogas]

Hi, can I ask how to create bitcon wallet? Which page is the most suitable for that? I'm currently taking lessons at Newscrypto education program. Thank you for help.

[Husna QA]

Hi, can I ask how to create bitcon wallet? Which page is the most suitable for that? I'm currently taking lessons at Newscrypto education program. Thank you for help.

You can make it using the Electrum wallet or any other bitcoin wallet.
You can visit the following boards: Wallet software

For general guidelines on Electrum, you can read the following guide: https://electrum.readthedocs.io/en/latest/
Note: make sure to download it from the official website.

[Hileudpeuteuy]

Haiiii, I'm sorry I just join this group. Thanks for the quality article that post in this forum. But I still have a question. That is many walet offering for the crypto. Maybe any sugestion for the good wallet. I have local wallet in here but just for several crypto. Thaks for the information before.

[joniboini]

Haiiii, I'm sorry I just join this group. Thanks for the quality article that post in this forum. But I still have a question. That is many walet offering for the crypto. Maybe any sugestion for the good wallet. I have local wallet in here but just for several crypto. Thaks for the information before.

What are you looking for? A hardware wallet or a software? If it's only for bitcoin then Electrum is generally recommended for PC, while there are several options to choose for mobile phone. Visit https://bitcoin.org/en/choose-your-wallet, follow the process and you'll end up with a list of recommended wallets that you can use.

[Husna QA]

Hi everyone,I have one question due to hardware wallets .I have cobo android wallet and for transaction of 0.007ETH he take transaction fee of 0.013ETH .Question is if i have cobo hardware wallet do i have to hash transactions through their platform or wallet is mine property and I can choose paltform which one i want ,same question for eany hardware wallet?

To my knowledge, transaction fees vary according to the current fee rates. The Cobo wallet can also connect to Electrum¹ and others² (BTC-Only).
When you send bitcoins, you can set the amount of the transaction fee in Electrum.

Sending Assets
1. Create a Transaction with Electrum
   1）Select [Send], choose a receiving address, set the transaction fee, and add a memo if desired.
   

¹ https://support.cobo.com/hc/en-us/articles/360047902274-Sending-and-Receiving-Assets-with-Electrum-Wallet
² https://support.cobo.com/hc/en-us/sections/360007937714-Sending-Receiving

[joniboini]

To my knowledge, transaction fees vary according to the current fee rates. The Cobo wallet can also connect to Electrum¹ and others² (BTC-Only).
When you send bitcoins, you can set the amount of the transaction fee in Electrum.

While this is true for bitcoins related transactions, I think he's more interested to find out about ETH wallet (since he ask about ETH fees).

You need to find out which wallet support integration with your HW, usually it's on the about page or something similar. It's a bit off-topic to continue here so you might want to check out the altcoin discussion.

[Husna QA]

While this is true for bitcoins related transactions, I think he's more interested to find out about ETH wallet (since he ask about ETH fees).
-snip-

Yes, therefore, I wrote above (BTC-Only). I show an example based on the official Cobo hardware wallet reference that the Cobo wallet can also be used on other software wallets outside the Cobo Android wallet platform.

[coinich]

I prefer paper wallet. All control under myself, but make sure in right way to create.

https://www.bitaddress.org/

the most legend one with github open source code to download.

[Husna QA]

I prefer paper wallet. All control under myself, but make sure in right way to create.

https://www.bitaddress.org/

the most legend one with github open source code to download.

A little advice when making paper wallets:
- Ensure the PC used is safe from malware, viruses, e.g., scanning it first with anti-malware/anti-virus.
- Cut off internet access when making a paper wallet.
- Delete browsing history after creating a paper wallet.
- If necessary, cover the paper wallet with protective plastic so that the paper and ink it uses is more durable (don't forget to make a copy for backup).

Maybe the following article can be used as a reference for paper wallet users, especially when you want to use it to spend a certain amount of BTC:
https://steemit.com/bitcoin/@michaelmatthews/warning-how-i-lost-bitcoins-using-a-paper-wallet.

[coinich]

I prefer paper wallet. All control under myself, but make sure in right way to create.

https://www.bitaddress.org/

the most legend one with github open source code to download.

A little advice when making paper wallets:
- Ensure the PC used is safe from malware, viruses, e.g., scanning it first with anti-malware/anti-virus.
- Cut off internet access when making a paper wallet.
- Delete browsing history after creating a paper wallet.
- If necessary, cover the paper wallet with protective plastic so that the paper and ink it uses is more durable (don't forget to make a copy for backup).

Maybe the following article can be used as a reference for paper wallet users, especially when you want to use it to spend a certain amount of BTC:
https://steemit.com/bitcoin/@michaelmatthews/warning-how-i-lost-bitcoins-using-a-paper-wallet.

well said, very helpful instruction. Thanks a lot!

[joniboini]

well said, very helpful instruction. Thanks a lot!

Just keep in mind that eventually you'll have to use a client like Bitcoin Core or Electrum to make a transaction, unless you want to go through the hassle of signing a transaction etc. Paper wallet is generally used only to create a 'cold' wallet where you store your bitcoins for a long time.