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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 38580 times)
BitcoinGirl.Club
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May 16, 2017, 07:21:05 AM
 #561

Some wallets sound too technical like the full node but am keeping it simple am using a combination of:
-Lightweight Wallet (Desktop)   
-Paper Wallet (self generated)
-Web Wallet (blockchain.info)
and now planning to get a hardware wallet to use now that i have been told it can be used with altcoins such as creditbit

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DoublerHunter
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May 16, 2017, 09:59:53 AM
 #562

Some wallets sound too technical like the full node but am keeping it simple am using a combination of:
-Lightweight Wallet (Desktop)   
-Paper Wallet (self generated)
-Web Wallet (blockchain.info)
and now planning to get a hardware wallet to use now that i have been told it can be used with altcoins such as creditbit
I also use those three wallets because they are the best pack of wallet for me because if my desktop wallet doesn't have any app then i can use web wallet which is accessible online and paper wallets for long term hoarding and most of my friends always using that kind of wallet because it is much cheaper than hardware  wallet.
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May 16, 2017, 11:19:03 AM
 #563

I've been running a full node for many years (though I don't leave it running 24/7).

I may switch to Electrum, or some similar lightweight desktop client, in combination with a Ledger Nano S soon.  Getting tired of letting Bitcoin Core sync.
bncbnc
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May 18, 2017, 09:59:47 PM
 #564

I am using a combination of Online wallet, in my case Coinbase, and an offline desktop wallet – Electrum. Coinbase eases my lower transactions and send them faster without me worrying about the size, and Electrum for saving up Bitcoins.
I used the coinbase formerly only when I was new to the BTC and the crypto system. With the passage of time I continued with exploring new wallets such as green, mycelium, spectrocoin, Electrum and breadwallet etc. I find the coinbase and electrum the best among them.

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RENATA612
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May 18, 2017, 11:36:02 PM
 #565

I use a web wallet (blockchain) and a Exchange/Faucet Credit
The_Dark_Knight
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May 19, 2017, 03:06:39 AM
 #566

There is a thread about recomendations for the best wallet to use, but not all practice what they preach, so this poll is to see what people are actually using.
I understand that some people use multiple wallets of different kinds, so this poll asks which wallet is most used, this can be measured either by quantity of bitcoin or ammount of transactions.

I’m not surprised the lightweight desktop wallet is the most voted at the moment, it offers good enough security, and you don’t have to wait forever for the wallet to synchronize and you are not subject to risk of the web wallet being hacked.
danherbias07
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May 19, 2017, 03:18:37 AM
 #567

Using coinbase and more.
Coinbase is really eating up in transaction fees now. 96k satoshis without an option unlike others where you could adjust it.
I thought miners fee only at 50k satoshis so where does that 46k go?
Their pockets or you will have a faster transaction? How about those who could wait and not really in a hurry to receive the bitcoin?
I think they should change that and bring in an adjustable fee.

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The_prodigy
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May 19, 2017, 03:30:25 AM
 #568

I used web wallet and paper wallet
i am using web wallet too, many of my friends and countrymen are using this kind of wallet, it is secure im sure of that, but you need also to harden your security to avoid any stealing account or any hacked account. i think all of the wallet is good to use especially if we many of the bitcoin user are using it, and they put their money on it.
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May 19, 2017, 10:08:58 AM
 #569

     I am using Electrum wallet for the past one year.
     It has user friendly options.
     Its safe to store our bitcoins.
     We can set the transaction fee manually.
     A seed is generated for our password which could be used to recover our account if our system gets damaged.
Lady Coquet
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May 19, 2017, 10:56:59 AM
 #570

I am trusted to use an online wallet because for me it is much safer to keep all my bitcoins in my online wallet, even my friends they keep their bitcoins in an online wallet. I don't know what is the reason why people do not trust an online wallet to store all their bitcoins.
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May 19, 2017, 11:31:48 AM
 #571

I am trusted to use an online wallet because for me it is much safer to keep all my bitcoins in my online wallet, even my friends they keep their bitcoins in an online wallet. I don't know what is the reason why people do not trust an online wallet to store all their bitcoins.

The online wallet may be convenient for you, but the place you're storing them may someday decide to steal everybody's bitcoins and close down, leaving you with nothing.  It's happened before.  More than once.

Or you may be lucky and not have yours stolen.

But wouldn't you rather keep them yourself, and not have to rely on luck as to whether you lose everything or not?
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May 19, 2017, 11:54:43 AM
 #572

I'm current using Copay mobile wallet for easy access since I don't have a lot of Bitcoins to protect. But I'm planning to buy a hardware wallet (Ledger probably) this year.

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AicecreaME
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May 19, 2017, 12:04:03 PM
 #573

I am using a combination of Online wallet, in my case Coinbase, and an offline desktop wallet – Electrum. Coinbase eases my lower transactions and send them faster without me worrying about the size, and Electrum for saving up Bitcoins.


Using this offline wallet and web wallet is reassuring that we would not lose our bitcoin. I'm using offline wallet(Electrum) and I'm only using online wallet when I'm converting some of my bitcoin to fiat because I do need it, because it is hard to trust those bitcoin web wallet, since they are not that reliable especially when it comes to hacking.

Online wallets are very prone to hackers, since it would be easy to hack since it is connected to the internet. It is very vulnerable compare to the offline wallet and the hardware wallet, that is why I recommend it to you guys to use it.

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bitcoinmasterlord
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May 19, 2017, 12:23:55 PM
 #574

I am using a combination of Online wallet, in my case Coinbase, and an offline desktop wallet – Electrum. Coinbase eases my lower transactions and send them faster without me worrying about the size, and Electrum for saving up Bitcoins.


Using this offline wallet and web wallet is reassuring that we would not lose our bitcoin. I'm using offline wallet(Electrum) and I'm only using online wallet when I'm converting some of my bitcoin to fiat because I do need it, because it is hard to trust those bitcoin web wallet, since they are not that reliable especially when it comes to hacking.

Online wallets are very prone to hackers, since it would be easy to hack since it is connected to the internet. It is very vulnerable compare to the offline wallet and the hardware wallet, that is why I recommend it to you guys to use it.

The online wallet is easy to access and for traders, this is the best wallet. Offline and hardware wallets are tough to access. But if you save your bitcoins for a long time then it is best. But here also problem if your system crash. And once system hacked means all offline and online documents also they will hack am I right? I don't have much knowledge on this hacking it is just opinion.
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May 19, 2017, 01:30:36 PM
 #575

I am trusted to use an online wallet because for me it is much safer to keep all my bitcoins in my online wallet, even my friends they keep their bitcoins in an online wallet. I don't know what is the reason why people do not trust an online wallet to store all their bitcoins.
I think besides being safe. You also get the flexibility of storing bitcoins in online wallets. Because wherever you are you can still use bitcoin and access your wallet
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May 19, 2017, 02:01:21 PM
 #576

I am trusted to use an online wallet because for me it is much safer to keep all my bitcoins in my online wallet, even my friends they keep their bitcoins in an online wallet. I don't know what is the reason why people do not trust an online wallet to store all their bitcoins.
I think besides being safe. You also get the flexibility of storing bitcoins in online wallets. Because wherever you are you can still use bitcoin and access your wallet
Nothing is safe in online because the you can't tell if you were going to receive a hack attacks from the hackers so online wallet is not that safe unless you have your private key and you enable 2fa and you have strong password then we can say that you are about so close for being safe but you can't still be 100% safe.
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May 19, 2017, 02:21:09 PM
 #577

I am trusted to use an online wallet because for me it is much safer to keep all my bitcoins in my online wallet, even my friends they keep their bitcoins in an online wallet. I don't know what is the reason why people do not trust an online wallet to store all their bitcoins.
I think besides being safe. You also get the flexibility of storing bitcoins in online wallets. Because wherever you are you can still use bitcoin and access your wallet
Nothing is safe in online because the you can't tell if you were going to receive a hack attacks from the hackers so online wallet is not that safe unless you have your private key and you enable 2fa and you have strong password then we can say that you are about so close for being safe but you can't still be 100% safe.

Still a centralized web wallet is not safe since you are not holding the private key of your online bitcoin address.  Anytime the company shutdown or run away, you will automatically lost your bitcoin.  Because of that I tried to use online wallet at minimum.  I use desktop wallet and android wallet plus paper wallet for bitcoin that i intend to save.

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May 19, 2017, 02:27:26 PM
 #578

There is a thread about recomendations for the best wallet to use, but not all practice what they preach, so this poll is to see what people are actually using.
I understand that some people use multiple wallets of different kinds, so this poll asks which wallet is most used, this can be measured either by quantity of bitcoin or ammount of transactions.

I use Coinbase wallet for Bitcoin buy and sell. I think coinbase is most popular than other wallet. so i suggest you to use coinbase wallet if u can. It is better and easy than any other wallet. Thank you.
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May 19, 2017, 02:40:06 PM
 #579

For now, I'm using a web wallet. Since I'm exploring BTC a bit more, I'll be checking out other types of wallets like paper, hardware, etc.
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May 20, 2017, 12:26:15 AM
 #580

I am using a combination of Online wallet, in my case Coinbase, and an offline desktop wallet – Electrum. Coinbase eases my lower transactions and send them faster without me worrying about the size, and Electrum for saving up Bitcoins.
Using a lot of wallets might also add security. Because even though your wallet is hacked you still have another bitcoin in another wallet. I also have a lot of wallets.
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