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Author Topic: Today's Best wallet  (Read 1420 times)
Gatorelf (OP)
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January 07, 2017, 02:17:06 PM
 #21

I got a wallet from coinbase as I saw some where it was rated the best. I notice every time I buy some BTC there is a small transaction fee like $2. I also notice the price for BTC always seems to be $15 to $20 higher than what its actually trading at.
The current price in coinbase may differ to what the btcs current price in other exchanges. That 2$ fee charged from your transaction is for the purchase not an incomming transaction fee.
Quote
My questions are, is this typical of all wallets? 
No. Coinbase is an exchange wallet. It differs functionality to other clients like a desktop wallet, hardware wallet, paper wallet, web wallets. etc.
Quote
Also I've never received BTC is there incoming fee's?
No. Fee is only charged upon sending a transaction. The sender always shoulder the fee and not the receiver.

Thanks all thats a lot of good info, I'll be moving some BTC to my other wallet today. Just playing around with small amounts ( under $100) till i get use to it all. I'm sure in the comings months/years there will be new services to look at and try. Main thing was I wanted to be able to learn all I can and pass that along to friends and family in the future.

great forum Smiley
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BitcoinExpart
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January 07, 2017, 03:01:21 PM
 #22

I got a wallet from coinbase as I saw some where it was rated the best. I notice every time I buy some BTC there is a small transaction fee like $2. I also notice the price for BTC always seems to be $15 to $20 higher than what its actually trading at.
The current price in coinbase may differ to what the btcs current price in other exchanges. That 2$ fee charged from your transaction is for the purchase not an incomming transaction fee.
Quote
My questions are, is this typical of all wallets?  
No. Coinbase is an exchange wallet. It differs functionality to other clients like a desktop wallet, hardware wallet, paper wallet, web wallets. etc.
Quote
Also I've never received BTC is there incoming fee's?
No. Fee is only charged upon sending a transaction. The sender always shoulder the fee and not the receiver.

Thanks all thats a lot of good info, I'll be moving some BTC to my other wallet today. Just playing around with small amounts ( under $100) till i get use to it all. I'm sure in the comings months/years there will be new services to look at and try. Main thing was I wanted to be able to learn all I can and pass that along to friends and family in the future.

great forum Smiley
So I thing its better for lock this thread right now if you realize that the solution are mentioned above are pretty much enough to come a decision about Best wallet.

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13abyknight
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January 07, 2017, 03:45:46 PM
 #23

Coinbase is basically a an exchange which also provides you with a wallet to trade your BTC.

I still use blockchain as my primary wallet because its fast, simple and has nice security features.
Devboy
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January 07, 2017, 04:17:05 PM
 #24

Coinbase is basically a an exchange which also provides you with a wallet to trade your BTC.

I still use blockchain as my primary wallet because its fast, simple and has nice security features.
Basically I'm using both of two sites.Coinbase is a digital asset exchange company, there most of peple using it buy and sell bitcoin as a platform some of users using as a wallet but there have some tos those are mostly different other wallet.Some are really unfair.As reason many people suggest other wallet.Blockchain is also a good one,
modsa26
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January 07, 2017, 04:33:35 PM
Last edit: January 07, 2017, 11:13:48 PM by modsa26
 #25

Actually Im not using many different wallet but Im using electrum for pc,mobile copay or blockchain but nowadays Im not prefer Blockchain cuz there are some bugs (at least for mobile)

Gatorelf (OP)
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January 07, 2017, 05:20:39 PM
 #26

I got a wallet from coinbase as I saw some where it was rated the best. I notice every time I buy some BTC there is a small transaction fee like $2. I also notice the price for BTC always seems to be $15 to $20 higher than what its actually trading at.
The current price in coinbase may differ to what the btcs current price in other exchanges. That 2$ fee charged from your transaction is for the purchase not an incomming transaction fee.
Quote
My questions are, is this typical of all wallets?  
No. Coinbase is an exchange wallet. It differs functionality to other clients like a desktop wallet, hardware wallet, paper wallet, web wallets. etc.
Quote
Also I've never received BTC is there incoming fee's?
No. Fee is only charged upon sending a transaction. The sender always shoulder the fee and not the receiver.

Thanks all thats a lot of good info, I'll be moving some BTC to my other wallet today. Just playing around with small amounts ( under $100) till i get use to it all. I'm sure in the comings months/years there will be new services to look at and try. Main thing was I wanted to be able to learn all I can and pass that along to friends and family in the future.

great forum Smiley
So I thing its better for lock this thread right now if you realize that the solution are mentioned above are pretty much enough to come a decision about Best wallet.

sure as soon as its not active, seems a few people still have some relevant input.  Who locks threads the initiator or a Mod ?
Superbit0
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January 07, 2017, 09:32:51 PM
 #27

+1 for electrum in my opinion its the best one and I have tested several wallets.
dailycoins
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January 07, 2017, 09:39:48 PM
 #28

Mycelium is one of the best mobile wallets at the moment.

doona38317
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January 07, 2017, 11:49:15 PM
 #29

Mycelium is one of the best mobile wallets at the moment.

And I think the bst wallet for PC or computer is blockchain because for newbies its safe and quick while for experienced people its safe in fact very safe and also it has ability to provide private key so no possible scams also.

Bitcoin bear will defeat you Bratcoin bulls. Bear bEAR bEAR!
Nesmo
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January 08, 2017, 12:51:34 PM
 #30

I got a wallet from coinbase as I saw some where it was rated the best. I notice every time I buy some BTC there is a small transaction fee like $2. I also notice the price for BTC always seems to be $15 to $20 higher than what its actually trading at.

My questions are, is this typical of all wallets?  
Also I've never received BTC is there incoming fee's?

Coinbase is an Exchange, that also has a wallet.
The wallet service they maintain is very different from most wallets.
Most wallets are just programs to hold your privatekeys/addresses, not to trade or buy/sell.

With Bitcoin, the only fee is the miner's fee for being placed within a block, and that is paid by the sender.

I don't know about coinbase wallet as I only use blockchain for now.
looks like coinbase is a good exchange that offer many services about trading and bitcoin.
ReLieD
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January 20, 2017, 11:43:17 AM
 #31

I use blockchain it is a good wallet
Well its good that you use blockchain , but i suppose we were living in the dark,
We didnt even know what block chain wallet is.
Thanks for using your precious time , sharing this valuable information about that wallet.
 Angry Well seeing your last posts i can see how good posts you make (Sarcasm).
Now i guess you might know why it is a good wallet. Not just because its holds money in that ,
But its is much easier than other wallets to use. Moreover it is the most trusted wallet by far.
Sending and receiving money is also done efficiently , making it the best wallet.
 

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January 20, 2017, 01:11:29 PM
 #32

I do not use online wallets. I use a desktop software to dont pay extra for my payments. I would recommend the electrum wallet for this. You only pay standard fee values in the Electrum wallet.
Gatorelf (OP)
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January 20, 2017, 10:39:28 PM
 #33

Thanks all a lot of good info I will go ahead a close the topic...
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