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Author Topic: What wallets do you use?  (Read 53781 times)
oom
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August 11, 2017, 04:04:04 PM
 #581

Which one suits you the most?

Electrum and blockchain.info

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August 11, 2017, 04:26:21 PM
 #582

I use coinbase wallet,my ether wallet and wavesio wallet.
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August 12, 2017, 01:13:48 AM
 #583

There are a lot of different types of Bitcoin Wallet that are recommended to be used in bitcoin, now it is up to you what wallet you would prefer among the others. But first, what is a Bitcoin Wallet?

Bitcoin wallets contain private keys; secret codes that allow you to spend your bitcoins. In reality, it’s not bitcoins that need to be stored and secured, but the private keys that give you access to them. In short: A Bitcoin wallet is simply an app, website, or device that manages Bitcoin private keys for you.
 
Now, here are some types of Bitcoin Wallet and the recommended wallets under these types:

1. HARDWARE WALLET
A hardware wallet is a physical electronic device, built for the sole purpose of securing bitcoins. The core innovation is that the hardware wallet must be connected to your computer, phone, or tablet before bitcoins may be spent. The three most popular and best Bitcoin hardware wallets are: Ledger Nano S, KeepKey, Trezor. Hardware wallets are a good choice if you’re serious about security and convenient, reliable Bitcoin storage.Bitcoin hardware wallets keep private keys separate from vulnerable, internet-connected devices. Your all-important private keys are maintained in a secure offline environment on the hardware wallet, fully protected even should the device be plugged into a malware-infected computer. Hardware wallets are secure, offline devices. They store your private keys offline so they can't be hacked. This means you can even use one on a malware infected computer. Hardware wallets aren't free. But the price can be worth it if you own a significant amount of bitcoins. A hardware wallet will protect a few hundred in Bitcoin just as effectively as a few million.

• Ledger Nano S  
The Ledger Nano S is the cheapest of the three hardware wallets with a screen; it costs about $65. Ledger, one of the most well-known Bitcoin security companies, released the device in August 2016.

• TREZOR
TREZOR launched in August 2014 as the first Bitcoin hardware wallet, offering secure bitcoin storage plus the ability to spend with the convenience of a hot wallet. TREZOR is a small, thumb-sized device.

•KeepKey
KeepKey was released in September 2015 and was the second hardware Bitcoin wallet to offer a screen. The KeepKey's larger screen gives it some extra security features that the Nano S and Trezor lack.

•Ledger HW.1
The Ledger HW.1 can be considered a budget hardware wallet. It doesn't have a screen, so it isn't quite as secure as the three options mentioned above. It will, however, give you more security than a hot wallet.

2. HOT WALLETS
Hot wallets are Bitcoin wallets that run on internet connected devices like a computer, mobile phone, or tablet. As hot wallets generate private keys on an internet connected device, these private keys can’t be considered 100% secure.

3. Online Bitcoin Wallets (Web Wallets)
Web wallets store your private keys online, where they are encrypted with a user-selected password. Although they offer the lowest level of security, online bitcoin wallets have the advantage of being accessible from any internet connected device.

•GreenAddress
GreenAddress is a multi-signature Bitcoin wallet available on the web, desktop, Android, and iOS. GreenAddress is compatible with hardware wallets like TREZOR, Ledger Nano, and the HW.1. “Multi-signature” in this context means that the site requires a manual confirmation from you for your coins to be moved; this greatly improves security.

4. Android Bitcoin Wallets
There is a large selection of Android wallets. Since Bitcoin wallets were originally banned by Apple, developers spent much of their time developing for Android.

•Mycelium
Mycelium is the most popular Bitcoin wallet on Android. It's very easy to use for sending and receiving payments. Backing up your wallet is also simple, since Mycelium makes it very clear with setup and backup instructions.

•breadwallet
breadwallet, the great iPhone Bitcoin wallet, recently released an Android wallet. It offers the user control of private keys, an easy to use interface, and passcode support.

•Copay
The Copay Bitcoin wallet is also available for Android. It's easy to use and offers many advanced features that offer great flexibility.

•Airbitz
Airbitz is an easy to use Bitcoin wallet for iPhone and Android. Its familiar login feature makes using the app a breeze for people new to bitcoin. The wallet also creates automatic backups, so you don't have to worry about the technicalities of performing manual wallet backups.

•GreenBits
GreenBits is the native Android version of GreenAddress. It’s a multi-signature wallet that also supports hardware wallets like TREZOR and Ledger.

•Bitcoin Wallet
Bitcoin Wallet, or “Schildbach Wallet”, was the first mobile Bitcoin wallet. Bitcoin Wallet is more secure than most mobile Bitcoin wallets, because it connects directly to the Bitcoin network. Bitcoin Wallet has a simple interface and just the right amount of features, making it a great wallet and a great educational tool for Bitcoin beginners.

5. iOS and iPhone Bitcoin Wallets
Apple banned Bitcoin wallets from the App Store in February 2014, but reversed its decision a few months later. Luckily, there are now plenty of options for iOS users.

•breadwallet
We consider breadwallet, along with Copay (below), as the best bitcoin wallet for iPhone. It’s open source and gives the user full control over their private keys. It also has a clean interface which makes the sending and receiving of bitcoins a pleasurable and super-simple process.

•Copay
Copay Bitcoin wallet is BitPay's open source wallet. It can be used across multiple devices, since Copay is available for Android, Windows Phone, iOS, and all desktop platforms. Among many other great features, it's easy to create multiple accounts so you can have separate wallets for your business and personal funds.

•Airbitz
Airbitz is an easy to use Bitcoin wallet for iPhone and Android. Its familiar login feature makes using the app a breeze for people new to bitcoin. The wallet also creates automatic backups, so you don't have to worry about the technicalities of performing manual wallet backups.

6. Desktop Wallets
Desktop wallets are downloaded and installed on your computer. If privacy is your main concern, the Bitcoin core wallet is a good option since it does not rely on third parties for data.

•Electrum
Electrum is a light weight Bitcoin wallet for Mac, Linux, and Windows. Electrum was created in November 2011. The main features of Electrum are: support for hardware wallets (such as TREZOR, Ledger Nano and KeepKey), and secure Bitcoin storage using an offline computer. Electrum is a good option for both beginners and advanced users.

•Copay
Last, but not least, Copay is also available on desktop. Its desktop app gives you the ability to manage your hardware wallets, along with all of the other features mentioned above.

As for me, I'm currently using Coins.ph because I am based in the Philippines and so far it is the best, most trusted and easiest Bitcoin Wallet that I can access. Each wallet has pros and cons, and different wallets are built to solve different problems. Some wallets may be geared towards security, while some wallets may be more focused on privacy. Your specific needs should determine the wallet you use, as there is no “best bitcoin wallet”.

p.s
I'm acknowledging the source/sources where I got these informations even though there won't be any citations. Thank you!
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August 12, 2017, 01:17:14 AM
 #584

Ledger physical and Bittrex as exchange with 2 verification, on ethereum I use myetherwallet, the best.

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August 12, 2017, 01:46:24 AM
 #585

I use different wallets and each has a specific purpose. Im using hardware wallet for cold storage, coinomi for multi coin features and as mobile wallet, coins.ph for buying bitcoin. Im also using other altcoin wallet that other multi coin don't provide.
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August 12, 2017, 01:47:30 AM
 #586

blockchain i like it
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August 12, 2017, 10:01:16 AM
 #587

i use the blockchain wallet

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August 12, 2017, 11:36:29 AM
 #588

never trust web wallets, I use ledger nano S
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August 12, 2017, 11:48:35 AM
 #589

Wallets vary depending on where someone lives. In my case, I use coins.ph as my main bitcoin wallet. This is the official bitcoin wallet in my country and so far the best bitcoin wallet that I've used. I've also tried using Xapo and blockchain but I didn't take long time using these two. I've also tried using my cryptopia account as my wallet for altcoins.
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August 12, 2017, 11:52:25 AM
 #590

I use different wallets and each has a specific purpose. Im using hardware wallet for cold storage, coinomi for multi coin features and as mobile wallet, coins.ph for buying bitcoin. Im also using other altcoin wallet that other multi coin don't provide.

You do not need to buy a hardware wallet because it costs you some amount additionally hence you can use the desktop wallet. If you doesn't share your private key to anyone. Then your bitcoin in the wallet will be more secured.
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August 12, 2017, 11:54:43 AM
 #591

I use electrum because you can generate tons of addresses for you to use if you don't want to be tracked when buying or receiving coins. The encryption is okay too, which is nice. But the payments for how fast you want the transaction to be when paying is kinda pricy, with respect to the amount you're going to send.

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August 12, 2017, 11:57:02 AM
 #592

I use local wallet such as coins.ph as my wallet since it is trusted in my country, Philippines. I use myetherwallet for the payments in ethereum. I also planned to purchase hardware wallets like ledger for an improve security to prevent internet hackers. Lastly, electrum for my desktop for additional wallet for reserved bitcoins.
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August 12, 2017, 11:58:46 AM
 #593

At first I had use blockchain.info wallet for all my transactions. But for now i have been using coins.ph for all my transactions withdrawal and deposits. More easier to use. Also waves wallet is good.
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August 12, 2017, 12:08:21 PM
 #594

I use different wallets and each has a specific purpose. Im using hardware wallet for cold storage, coinomi for multi coin features and as mobile wallet, coins.ph for buying bitcoin. Im also using other altcoin wallet that other multi coin don't provide.

You do not need to buy a hardware wallet because it costs you some amount additionally hence you can use the desktop wallet. If you doesn't share your private key to anyone. Then your bitcoin in the wallet will be more secured.

We all know that if your computer got infected with a virus or a malware then your bitcoin is not safe. How do you think those hacking is being done and why it is rampantly being done in bitcoin? The safest right now is the hardware wallet. You can even plug it in a computer that is infected with a virus or malware and still your bitcoin will remain safe. 1 bitcoin is now $3700 and the cost of the hardware wallet is already immaterial compared to the bitcoin that you can store safety. I will not take a risk of loosing my bitcoin. Better be safe 100%. Hardware wallet is a cold storage.
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August 12, 2017, 03:36:18 PM
 #595

Right now the main wallets wallets I use are blockchain.info web wallet and the other one is electrum wallet.I use blockchain to do my daily regular transfers and I store big amount in electrum wallet.
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August 12, 2017, 03:49:22 PM
 #596

I use blockchain to store my bitcoin easier and security is guaranteed, I have not found a better wallet than blockchain, do you think other wallets other than blockchain more secure ??
If there is anything else I will try because it is better. Grin
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August 12, 2017, 05:21:38 PM
 #597

I am using Qoinpro, Blockchain, LocalBitcoins and DeepOnion wallet.

In the past I have used MultiBit as well but now they closed so I don't use it anymore.



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August 12, 2017, 06:50:16 PM
 #598

Previously, I used the purse blockchain.info. But then I was advised to use a cold storage purse. Such wallets are very reliable

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August 12, 2017, 06:57:24 PM
 #599

Previously, I used the purse blockchain.info. But then I was advised to use a cold storage purse. Such wallets are very reliable

I also used blockchain before but then I realised that this is one of the worst wallets. Especialy disappointing was that you can't control the fees, bad signature options and low security. Now I use Xapo and Mycelium and I'm satisfied with all features they offer and would recommend those to everyone.

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August 12, 2017, 07:11:16 PM
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Blockchain and Localbitcoins.
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