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Author Topic: What is the best bitcoin wallet now?  (Read 1100 times)
yyyshhha1415 (OP)
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May 20, 2017, 04:01:50 PM
 #1

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.
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May 20, 2017, 04:09:53 PM
 #2

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

A Bitcoin wallet without fees is just imagination now after Coinbase and Xapo started charging fees.
I would recommend you to adopt to present scenario of bitcoin where transactions only work with adequate fees and rest just struggle for days.
By the way, recommended wallets for desktop is Electrum and for mobile is Mycelium. Both allow you to set fees according to your own preference.
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May 20, 2017, 04:15:34 PM
 #3

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.
AFAIK there is no wallets with 'hidden charges' you need to know that Bitcoin transfers are not free, there was always a transaction fee required.
The difference is - current tx fee is ridiculously high around $2 while in the past it was no more than couple US cents.

It is impossible that any wallet will offer fee-less services, (they would have to pay for every transaction) it is not feasible.

Just use standard lighweight software wallet like Electrum - it offers good mix of security and comfort.
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May 20, 2017, 04:46:32 PM
 #4

Yep, Electrum is still best. It's light and easy to use without sacrificing performance.

Just go to https://electrum.org/#home and choose which OS suits you. If you need help setting up your desktop wallet,
you could use this guide > http://bitzuma.com/posts/a-beginners-guide-to-the-electrum-bitcoin-wallet/

And lastly, read up on transaction fees. Or you could use this site's fee calculation tool >http://www.mocacinno.com/page/feeestimate
Plus, if you already know how to calculate transaction size, then here's https://bitcoinfees.21.co/ for the optimal fees to choose from.

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May 20, 2017, 05:24:24 PM
 #5

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

A Bitcoin wallet without fees is just imagination now after Coinbase and Xapo started charging fees.
I would recommend you to adopt to present scenario of bitcoin where transactions only work with adequate fees and rest just struggle for days.
By the way, recommended wallets for desktop is Electrum and for mobile is Mycelium. Both allow you to set fees according to your own preference.

Didn't notice this but coinbase is only letting you to avoid paying transactions fees between two coinbase accounts since it happens off-chain
Well actually I don't recommend any wallet, just use Bitcoin core or similar apps that allow you to fully control your coins and avoid the risk of hacks...

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May 20, 2017, 05:31:14 PM
 #6

There’s no such thing as a fee-less wallet; and your wallet software will have nothing to do with the amount of fees charged. I’d recommend Electrum or MultBit for PC and Electrum or Mycelium for mobile. Of course it wouldn't hurt to run your own node if you can.

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May 20, 2017, 06:24:21 PM
 #7

I think Mycelium is the easiest and most interesting option because it allows you to choose the type of fees you are going to pay before each transaction. Mycelium allows you to choose between four transaction types, high priority, normal, economical and low priority. If you want to make an urgent transaction you can choose high priority although you will pay a lot higher fees. If you want to save money on fees and don´t mind waiting you can choose economical. However, by choosing normal, they tend to be fast transactions because the wallet calculates the necessary fees.
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May 20, 2017, 06:48:04 PM
 #8

I wouldn't use a wallet for all my Bitcoins, in my opinion the best option is to let your money always working for you, what means you could split all your funds among investment sites like casinos and any other trusted site generating passive income for you. Splitting money reduces the chances to be scammed and increases the chance of profit.

 
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May 20, 2017, 09:03:39 PM
 #9

I wouldn't use a wallet for all my Bitcoins, in my opinion the best option is to let your money always working for you, what means you could split all your funds among investment sites like casinos and any other trusted site generating passive income for you. Splitting money reduces the chances to be scammed and increases the chance of profit.

But i think that saving the bitcoins means buying and keeping bitcoins in wallet itself is a big investment option right now, because you can see what is the price right now going on, investing in casinos or any other sites are no more safe and now after the price of btc right now any site can go scam and the investors will lose their investment
Idrisu
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May 20, 2017, 10:08:45 PM
 #10

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.
For now the best wallet that I have used is blockchain.info. Since I have been using this wallet I have never regretting as there fees is ok. For what you are looking for, i don't think there is any good wallet  providers that are not charging fees. It mean when you want to investment in your gambling, do your analysis including fees.
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May 20, 2017, 10:45:00 PM
 #11

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.
Nothing is free in the virtual world,you need to pay up transaction fees every time you send coins and there wont be any hidden charges,until recently we had xapo and coinbase which are online web wallets providing free transactions and with the price of bitcoin increasing and the transaction charges going up they too had to start charging fees ,you could either use an online wallet as said before or you can use electrum which is a lite wallet where you can set your own fees ,but remember if you are not providing the proper fees the transaction might get delayed or rejected.
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May 20, 2017, 10:47:05 PM
 #12

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

about hidden charge, i think  almost every bitcoin wallet has it. Just choose which one is lower than other.
Every bitcoin wallet has own features that they offer, for now i using blockchain.info to store my bitcoin balance, blockchain is easy online wallet to use. It also provide for mobile. But for other choice, electrum is good also,  it work fast. the client does not download the blockchain, it requests that information from a server. No delays and lways up to date.

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May 21, 2017, 08:11:44 AM
 #13

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

about hidden charge, i think  almost every bitcoin wallet has it.

I can't think of any wallet provider that have hidden charges? if you mean the transaction then i think you should go and study more about bitcoin. it is quite funny to see a Hero Member don't know this kind of things about bitcoin LOL

 
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May 22, 2017, 06:07:31 AM
 #14

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

For a beginner, I would suggest electrum bitcoin wallet, they have desktop and smartphone version of wallet.  You can export and import private keys, and the most important as of this moment is the dynamic transaction fee that adjusts your fee according to the latest fee.  I have been using electrum and never find any problem on the transaction using their dynamic tx fee.
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May 22, 2017, 09:38:20 AM
 #15

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

For a beginner, I would suggest electrum bitcoin wallet, they have desktop and smartphone version of wallet.  You can export and import private keys, and the most important as of this moment is the dynamic transaction fee that adjusts your fee according to the latest fee.  I have been using electrum and never find any problem on the transaction using their dynamic tx fee.

Yeah, I've also started with Electrum. It's extremely userfriendly so you won't have a problem with it. But you'll have to pay fees anyway, I don't know any wallet without fees. You should compare different wallets to find what suits you.
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May 22, 2017, 09:51:56 AM
 #16

I dont know what is the best btc wallet now because some wallet has hidden charges.

Hi!
You might be interested in this wallet - Bonpay (https://bonpay.com/wallet/)
A team of bitcoin specialists implement advanced technologies to make storage more comfortable and more useful with fair and transparent fees. Besides, You may get a free bitcoin card, in case you subscribe on our website. Our specialists do their best to provide holistic and high-quality services.

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May 22, 2017, 02:05:56 PM
 #17

I dont know what is the best btc wallet now because some wallet has hidden charges.

Hi!
You might be interested in this wallet - Bonpay (https://bonpay.com/wallet/)
A team of bitcoin specialists implement advanced technologies to make storage more comfortable and more useful with fair and transparent fees. Besides, You may get a free bitcoin card, in case you subscribe on our website. Our specialists do their best to provide holistic and high-quality services.
I would be really careful if I were you. A new web wallet promoted by a newbie, a risk at the least (well, all web wallets are a risk, but this one is a lot more).

I'm starting a technology blog T4CH.top, check it out!
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May 22, 2017, 03:12:38 PM
Last edit: May 22, 2017, 07:03:18 PM by mrjoy15
 #18

Offline wallet must be the best choice rather uses online wallet.
I would like to something express more as based on your needs hardware or software must be best and keys are maintained in a secure offline environment on the hardware wallet, which means that only real user with access to wallet.
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May 22, 2017, 03:25:55 PM
 #19

Offline wallet must be the best choice rather uses online wallet.
Defiantly. With a software, hardware, or paper wallet you have possession of your private keys and bitcoins. With a web wallet (or at least most web wallets) you don’t control you keys and thus you don’t control you Bitcoins.

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May 22, 2017, 11:14:22 PM
 #20

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.
Electrum, MultibitHD.
You will able to set your customs fees because both of wallets already supported it. Make sure if you're always holding your private key. The hardware wallet is recommended a way for you but I sure if you don't want to pay more just for storing your Bitcoin.

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