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Poll
Question: What type of wallet do you use most?
Lightweight Wallet (Desktop) - 60 (19.6%)
Lightweight Wallet (Mobile) - 42 (13.7%)
Full Node - 17 (5.6%)
Hardware Wallet - 22 (7.2%)
Paper Wallet (self generated) - 16 (5.2%)
Brain Wallet - 1 (0.3%)
Web Wallet - 133 (43.5%)
Exchange/Faucet Credit - 9 (2.9%)
Physical Bitcoin - 0 (0%)
Other/No Bitcoin - 6 (2%)
Total Voters: 306

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Author Topic: What type of wallet do you use?  (Read 38502 times)
pozmu
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May 09, 2017, 04:07:30 PM
 #521

I use older version of lightweight desktop wallet and it suits me well as I don't do many transactions.
Only problem I encountered is TX fee - lately some of my transactions hangs for a long time before they're confirmed.

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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May 09, 2017, 04:27:01 PM
 #522

As of now I do use web wallets because this is the best way to make my transaction even more faster since I do actively send some bitcoins on daily basis which means I'm really comfortable on using it.When it comes on storing huge amounts already I do make use of desktop wallets which I can able to secure my own private keys incase ive lost it.

I have noticed the poll result also web wallets are highly used bitcoin wallet among the forum members. I use the blockchain and coinbase wallet for a long time. After blockchain upgraded to the 2.0 version. It simply some fund in the wallet itself. Now, almost all the web wallets consumes fees nearly 0.0004 btc for the transaction. It takes the too much time to get the confirmations nowadays.
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May 09, 2017, 04:33:15 PM
 #523

i simply used web wallet and some exchange sites like nova and cryptopia etc.
I am a big fan of web wallets however never recommend exchange wallets but web wallets are not that riskier as people argue. There are some web wallets which even provide facility of wallet backup so there is minimal risk of using them. Some of my favourite- BTC.com, Luno, etc.
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May 09, 2017, 04:41:01 PM
 #524

i simply used web wallet and some exchange sites like nova and cryptopia etc.
I am a big fan of web wallets however never recommend exchange wallets but web wallets are not that riskier as people argue. There are some web wallets which even provide facility of wallet backup so there is minimal risk of using them. Some of my favourite- BTC.com, Luno, etc.
Storing your bitcoins on a bitcoin exchange is never a good idea, as there are high chances of the exchange to get hacked and your bitcoins will be gone forever.
I usually store my bitcoins in electrum and sometimes on my android phone in bitcoin official wallet and rarely use the blockchain online wallet.
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May 09, 2017, 04:44:42 PM
 #525

I just save bitcoin on wallet exchanger. Because i think, amount bitcoin i have today is not so much. That i use to trade, hopefully can make my bitcoin increases.

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May 09, 2017, 05:18:31 PM
 #526

As of now I do use web wallets because this is the best way to make my transaction even more faster since I do actively send some bitcoins on daily basis which means I'm really comfortable on using it.When it comes on storing huge amounts already I do make use of desktop wallets which I can able to secure my own private keys incase ive lost it.

Private keys containing coins meant for long term storage purposes should at all times remain offline. It will make sure that when your HDD breaks down and stops working entirely, it won't affect you. If you store them properly as paper wallet, or maybe on a piece of metal, you will never ever lose access to your coins. Great thing is that you can use basically any desktop wallet to import your private keys. Better safe than sorry, right?
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May 14, 2017, 01:41:43 AM
 #527

Thare are many wallet for use.but I only use web wallet.it is very easy to use for me.

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May 14, 2017, 02:30:27 AM
 #528

Thare are many wallet for use.but I only use web wallet.it is very easy to use for me.

Yes, there are many wallets but many of them are not secured properly. I don't recommend the exchanges because we don't know when it will hack. So it is better to have our own desktop wallet which is very secured and it will be in our control.
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May 14, 2017, 05:59:51 AM
 #529

There may be many different web wallets to store bitcoins but i have not found any wallets like Xapo.
It is one of my cherished wallets , provides muti signature addresses and no transaction fee.

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May 14, 2017, 07:31:04 AM
 #530

There may be many different web wallets to store bitcoins but i have not found any wallets like Xapo.
It is one of my cherished wallets , provides muti signature addresses and no transaction fee.
Just a reminder for you, web wallets are not safe because they are in the internet and you cannot controlled your money there because the xapo wallet has control on your behalf so it is not that 100% to store your bitcoins there, it is best if you just buy a hardware wallets that is available in the market even though they are expensive it is worth it because you will have a very secured wallet unlike online bitcoin wallets.
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May 15, 2017, 01:06:55 AM
 #531

There may be many different web wallets to store bitcoins but i have not found any wallets like Xapo.
It is one of my cherished wallets , provides muti signature addresses and no transaction fee.

if we use xapo, we can't feel "the real" bitcoin network, we can't hold or backup and restore privekey, i think better we use mobile wallet like mycellium or bitcoin core at computer, so we can help bitcoin network and we can restore and backup bitcoin Smiley

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May 15, 2017, 01:26:55 AM
 #532

Using BlockTrail As a API And also Using Blockchain As a Temp Wallet.Most Using My LBC Wallet.Its Safe.
All Of Wallets Depolyed On Android Mobile
 Smiley
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May 15, 2017, 01:54:34 AM
 #533

Using BlockTrail As a API And also Using Blockchain As a Temp Wallet.Most Using My LBC Wallet.Its Safe.
All Of Wallets Depolyed On Android Mobile
 Smiley

Actually mobile app wallet were quite safe since it only allow one phone to access it,there were a lot of security codes before it can access,though I'm amazed and feel secured those private key generated wallet.


Tagz
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May 15, 2017, 02:03:30 AM
 #534

I use an online web wallet cause i dont have any pc to store it to and i dont even have an internet.
Online wallet providers are much easier and user friendly although there still pros and cons to it like over regulated rules and those rules are really not necessary.

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May 15, 2017, 02:37:56 AM
 #535

I use coins.ph bcoz useful to my country and no hassle the transaction.
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May 15, 2017, 02:48:46 AM
 #536

There may be many different web wallets to store bitcoins but i have not found any wallets like Xapo.
It is one of my cherished wallets , provides muti signature addresses and no transaction fee.

are you aware what issues that XAPO customers are always facing about their wallet? you better do a research about it or less you might lose some of your hard earned money to them. i stopped using xapo since i read about it

 
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May 15, 2017, 08:35:19 AM
 #537

i now have a wallet in a exchange that I used for simply converting btc to fiat. But I don't store large amount of bitcoin in it. Just for exchanges. On the other hand, I have electrum, because is so lightweight and the design is easier for a non techie person. I'm also looking at exodus right now because I needed a multi-address wallet for some of my alt-coin.

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taxmanmt5
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May 15, 2017, 08:43:14 AM
 #538

i simply used web wallet and some exchange sites like nova and cryptopia etc.

Well  using web wallets or exchange wallet is ok in the start, but if you have large amount of BTC then you should not risk your BTC by placing them on web or exchange wallet. Since there wallet do not give you access to private keys, having your bitcoin store there is always a risk if for example the Sites ends , you will lose all your BTC. Try learn about the desktop wallet and start using them is my advise.
rohn
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May 15, 2017, 10:55:55 AM
 #539

I am using web wallet
minhlong357200
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May 15, 2017, 11:34:51 AM
 #540

I think electrum is suitable for all of us even if he is a newbie or an expert. I have used electrum for many years and I find it very useful and easy to use. Right now, I am using two wallets: core and electrum. Core is better since you can do many things with it. If you want to learn some advanced techniques with your Bitcoin, Core will be the best choice
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