Offline Wallets Vs Online Wallets

[NewBet]

Never, ever, EVER leave your Bitcoins on an online wallet for longer than you need to.

How to make a paper wallet:

1) Go to bitaddress.org
2) Copy the private wallet keys onto paper (best if you print)
3) Store them in a safe place where no one will find them

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[davinchi]

I still can't seems to accept the concept of online wallet especially those that doesn't let you hold all or part of your private keys. No private key means not your coins!

I prefer online wallets, maybe that’s because it has been what I’m using since I started making use of Bitcoin. I’ve never tried out offline wallets for once, though I heard it is much safe and secured than online wallets.

[ici_lemmy]

offline wallet still better. they can protect - backup. With online wallet you can lost all your bitcoin if something bad happen to exchange like mt.gox btce

[Makka]

offline wallet still better. they can protect - backup. With online wallet you can lost all your bitcoin if something bad happen to exchange like mt.gox btce

True. But it is not really convenient to keep all your funds in hard wallets as sometimes it takes time to withdraw compared to online wallets. Both have benefits but the safest and most secure to hold is using offline wallets.

[MetalGear]

Which of the Bitcoin wallets between the Online and Offline works best?

Actually, you can use both of them and using offline and online wallet will help you to keep your bitcoin safe and secure. In addition to that, I prefer to use online wallet because it is very easy to use and you may also use it in any different kind of transactions. I know that its much safe to use.

[Gaff]

Which of the Bitcoin wallets between the Online and Offline works best?

Actually, you can use both of them and using offline and online wallet will help you to keep your bitcoin safe and secure. In addition to that, I prefer to use online wallet because it is very easy to use and you may also use it in any different kind of transactions. I know that its much safe to use.

Maybe I can prefer offline wallets, and to have both of them is an optional choice to have. Using myether is the better choice to do and you can really prefer what's the best for you, so you can access it both local and online. It's much safer that other online wallets, private keys and other security filled confirmation is needed in order to view your balance in the wallet.

[marados]

Well, just by the name itself, offline wallet seems like a more secure solution, but either one You choose You need to be very careful. And always but always make sure that only You have access to Your private key, and that it is saved on some secure and safe place!

[finaleshot2016]

Which of the Bitcoin wallets between the Online and Offline works best?

definitely online wallet is the best than using offline wallet. online wallets are encrypted by private keys or seeds while offline wallet, it can be stolen physically. Online wallets can easily used by a simple person, having a easy transactions.

[warr1979]

Which of the Bitcoin wallets between the Online and Offline works best?

definitely online wallet is the best than using offline wallet. online wallets are encrypted by private keys or seeds while offline wallet, it can be stolen physically. Online wallets can easily used by a simple person, having a easy transactions.

And online wallets can helps you scan QR and purchase anywhere easy than offline wallet when you want to purchase outside.
However, you should store your Bitcoin in offline wallets, because it better than online wallets about security (gives you private key).

[equator]

Which of the Bitcoin wallets between the Online and Offline works best?

If you are meaning about online wallet as web wallet and offline wallets as hardware wallets. Then surely offline wallets are the safest one as you are in control of the private keys of the address and it is very secure and lite if you are using electrum desktop wallet. Online wallets as web wallets are totally insecure as you are not controlling your wallet and anything can happen and you can do nothing.

[farhansadik]

Both Accounts can be used for the convenience of working.
For frequently use you can choose online wallet like coinbase, blockchain etc.
For Holding your BTC you can choose offline wallet like Trezor, nano etc .
the difference between online wallet & offline wallet is online is not safe, there is a chance to loss your coin, on the other hand offline is a safe wallet, Normally It is used for holding a big amount of BTC.

[WatchMaker]

Which of the Bitcoin wallets between the Online and Offline works best?

Both wallets work great.
Online wallets are going for storing the small amount of coins for easy access e.g electrum wallet, Xapo, and Blockhain.info
Offline wallets are more secure with all your private keys off the grid, this is best for storing huge amount of coins e.g. Trezor wallet, and Ledger Nano.

[dead_m92]

Yeah i agree with that offline wallets just if you are holding large amount of bitcoin/altcoins. But if you are gonna hold $30 worth of bitcoin in there, why would you have one? it doesnt make sense.
Obviously it is too much safe to store in an offline wallet, but if you are not holding thousands then store it on your blockchain wallet and enable 2fa and print your private key.
It is easy.

[Silberman]

Which of the Bitcoin wallets between the Online and Offline works best?

It depends on what you want, an online wallet is more convenient, but it is a lot more unsafe, if you are using a wallet given by exchanges or a similar service then you have the added problem of someone else having control of your coins, an offline wallet offers better safety but it is also harder to use and to many that is a very big point against it because they want to spend their bitcoin freely without restrictions.

[cotton ball]

Yeah i agree with that offline wallets just if you are holding large amount of bitcoin/altcoins. But if you are gonna hold $30 worth of bitcoin in there, why would you have one? it doesnt make sense.
Obviously it is too much safe to store in an offline wallet, but if you are not holding thousands then store it on your blockchain wallet and enable 2fa and print your private key.
It is easy.

offline/cold/hardwallet is for the purpose of long-term assets, small nominal should be stored in online web wallet and continue to be developed to get more, private key supply for some people is very complicated because they are accustomed to entrust finance to banking institutions. the level of human error is always a consideration.

[Razick]

Yeah, you are going to want to use offline wallets mostly, although almost no one does (except the most hardcore of Bitcoin users, obviously). The problem with online wallets are they are bound to have problems at some point or another. The fact the largest, most successful exchanges (and most respectable) are considered as such is because they have been in business for 2 or 3 years without getting hacked. Think about that... lol.

[Silberman]

I still can't seems to accept the concept of online wallet especially those that doesn't let you hold all or part of your private keys. No private key means not your coins!

I prefer online wallets, maybe that’s because it has been what I’m using since I started making use of Bitcoin. I’ve never tried out offline wallets for once, though I heard it is much safe and secured than online wallets.

Online wallets are more practical but you are subject to a lot of risks, especially from hackers, it is not rare to see people in the forum pop up once in a while indicating that their funds have been stolen, so if you are going to use an online wallet keep only in there what you need and keep the rest in cold storage, that way you get the best of both worlds.

[ohlawdy]

Yeah offline for the security , but most people do offline because it is easy.

[balakang00]

Well, probably I would want offline wallet for me to check if my bitcoins are raising without the need of internet. It will also be effective and useful to monitor my bitcoins every now and then. Also, security is on its peak since no hacker could enter this kind of security.

[Sullivan456]

The easy way to access your wallet if you are a trader should always contact your bitcoin every time. I can do whatever we like with it. Our money will be to their address, and they will manage them
I recommend using on your cellphone anytime anft but for personal computers