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Author Topic: Which wallet is best for use?  (Read 1415 times)
SakamHost (OP)
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July 19, 2017, 07:06:05 PM
Last edit: July 19, 2017, 07:16:30 PM by SakamHost
 #1

Which wallet dont have fees and is safe? Also can you tell me which one is best.
shield132
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July 19, 2017, 09:19:46 PM
 #2

Which wallet dont have fees and is safe? Also can you tell me which one is best.
What kind of wallet are you looking for? online (web) wallets or normal wallet for pc?
Online wallet is blockchain.info, btc.com but sometimes people have issues so not a good idea for you.
Use bitcoin core or electrum bitcoin wallet, both are great to my mind but you have to pay fees in any way, without fee you can't get confirmation on transaction.
Please write more details in future, better for you.

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CryptoPR
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July 19, 2017, 09:21:13 PM
 #3

Need more details but the best IMO is a hardware wallet like Trezos or Ledger Nano
jackg
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July 19, 2017, 09:24:52 PM
 #4

Which wallet dont have fees and is safe? Also can you tell me which one is best.

There are fees applied to every wallet, that's how the confirmation process on transactions work.
You can try either blockchain.info, electrum or bitcoin core.
Blockchain.info is an online wallet, which has had quite a few issues in the past (technically)
Bitcoin Core is the wallet software that is the main function of bitcoin and is the official client of it but it takes a fairly long time to fully syncronise and also takes up ~130GB in blockchain data (which needs downloading) - you can use -prune to get it down to 2GB though.
Electrum.org is probably the best wallet for a software option, you can use that and it only takes a few MB to store everything in it. You also get a short seed that you can recover your entire wallet from with this choice (the others require either email/phone verification (blockchain.info) or backups to be taken (bitcoin).
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July 20, 2017, 04:02:00 PM
 #5

https://1august.org/ offers Electrum and Mycelium. I use Xapo. I don't know others but Xapo has lots of security checks. I suggest you to try and see it.
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July 21, 2017, 02:56:50 AM
 #6

It greatly depends on what you want to use it for. I would ultimately recommend a hardware wallet such as Ledger or Trezor, but this really depends on how many bitcoins you have and how much you want to spend. If yuo have over 0.4, Hardware is the way to go. Anything below that, a software or online wallet will do.
bubblebit
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July 21, 2017, 05:32:52 AM
 #7

As a local wallet user. If your talking about online wallet, first must be in mind is Security. Fees is necessary for there service. If you have local wallet provider, you can visit there office. It is more practical to me.

Which wallet dont have fees and is safe? Also can you tell me which one is best.
clarkgeneral86
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July 21, 2017, 05:54:52 AM
 #8

Which wallet dont have fees and is safe? Also can you tell me which one is best.
Previously coinbase not fee, now I do not know. But you have a higher risk of getting your account locked, terminated, and lose all of your funds in CoinBase.
TropicalDog17
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July 21, 2017, 06:06:15 AM
 #9

Which wallet dont have fees and is safe? Also can you tell me which one is best.
if you have a little bitcoin, maybe online wallet like Blockchain, Coinbase is a good choice. But if you have larger amount, then i recommend you using hardware wallet for more secure. Btw, there are no wallet that do not have fees
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July 21, 2017, 02:00:12 PM
 #10

https://1august.org/ offers Electrum and Mycelium. I use Xapo. I don't know others but Xapo has lots of security checks. I suggest you to try and see it.
So, you are linking a website that says:

Quote
The only way to protect yourself in the event of a fork is to ensure that your Bitcoins are under your control. If your coins are stored on an exchange such as Coinbase, Bittrex, Bitfinex etc. or on an online wallet such as Blockchain.info, you are forced to use whichever bitcoin fork they choose to support.

But at the same time, also recommending someone to use Xapo? I don't get it.



OP. Ignore everybody telling you to use Blockchain.info or Coinbase.

The easiest and safesty way to store your coins is with an offline wallet like Electrum. If you have the money and time, buy an hardware wallet. Otherwise, avoid any web wallet!

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jackg
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July 21, 2017, 05:56:29 PM
 #11

https://1august.org/ offers Electrum and Mycelium. I use Xapo. I don't know others but Xapo has lots of security checks. I suggest you to try and see it.
So, you are linking a website that says:

Quote
The only way to protect yourself in the event of a fork is to ensure that your Bitcoins are under your control. If your coins are stored on an exchange such as Coinbase, Bittrex, Bitfinex etc. or on an online wallet such as Blockchain.info, you are forced to use whichever bitcoin fork they choose to support.

But at the same time, also recommending someone to use Xapo? I don't get it.



OP. Ignore everybody telling you to use Blockchain.info or Coinbase.

The easiest and safesty way to store your coins is with an offline wallet like Electrum. If you have the money and time, buy an hardware wallet. Otherwise, avoid any web wallet!

Xapo is the same! It's still a web wallet as well and I think they have terms and conditions similar to coinbase so...

Also, never store large amounts of bitcoin on an exchange!
Emoclaw
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July 21, 2017, 05:59:21 PM
 #12

There's no wallet that doesn't have fees because your transaction would NEVER go through if you didn't use a fee.
Use a wallet whose private keys you have exclusive control of, such as Electrum. That would be safest.
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July 22, 2017, 02:34:14 AM
 #13

I am newbie too and using copay it is really easy to use i would recommend
kuyacardo
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July 23, 2017, 03:32:53 AM
 #14

i suggest you the best wallet to use is Ledger, cryptosteel, trezor. For desktop I've had good experiences with the multi-sig on Copay,
loved the layout and options of Multibit. although
Electrum and Mycelium are always popular there will always be Lots of options to choose from.
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July 23, 2017, 03:35:25 AM
 #15

Under no circumstances would suggest any Web wallet. Not coinbase, Xapo , blockchain.info or any other Web wallet. If it's open source and you hold your own private keys it's a good wallet. Try electrum, armory, Bitcoin core. There are lots of ios and android options too, just don't get Web wallet apps!!
kolloh
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July 24, 2017, 06:30:32 AM
 #16

Personally, I'd recommend the Electrum wallet. I've been using it for some time and it is a great wallet. It is lightweight and has many advanced features such as coin control, etc. Plus you can use Electrum with a hardware wallet device as well if you have one.
redhorse
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July 24, 2017, 01:51:49 PM
 #17

If you have a decent amount of BTCs I would suggest to go with a Hardware Wallet like Trezor or Ledger Nano S.
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July 24, 2017, 06:47:22 PM
 #18

Which wallet dont have fees and is safe? Also can you tell me which one is best.
i really like electrum because you don't have to download the whole blockchain
and it has a lot of nice features like for example replaceble transactions , so if a transaction gets stuck
you can resend it with a higher fee.

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July 24, 2017, 07:03:17 PM
 #19

How do you do this?  "You can use -prune to get it down to 2GB."
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July 25, 2017, 02:37:04 AM
 #20

How do you do this?  "You can use -prune to get it down to 2GB."
You use the commandline argument -prune=<N> or put prune=<N> in your bitcoin.conf file where <N> is greater than or equal to 550 as per the instructions in the release notes:

With 0.12 it is possible to use wallet functionality in pruned mode. This can reduce the disk usage from currently around 60 GB to around 2 GB.

However, rescans as well as the RPCs importwallet, importaddress, importprivkey are disabled.

To enable block pruning set prune=<N> on the command line or in bitcoin.conf, where N is the number of MiB to allot for raw block & undo data.

A value of 0 disables pruning. The minimal value above 0 is 550. Your wallet is as secure with high values as it is with low ones. Higher values merely ensure that your node will not shut down upon blockchain reorganizations of more than 2 days - which are unlikely to happen in practice. In future releases, a higher value may also help the network as a whole: stored blocks could be served to other nodes.

For further information about pruning, you may also consult the release notes of v0.11.0.

So you'd simply add a line in your bitcoin.conf that looks like:
Code:
prune=1000
and it will aim to prune your DB to like 1000megs.

Alternatively, if you're on windows, you simply edit the properties for the shortcut being used to start Bitcoin Core and add -prune=1000 to the end:


Note: that this WILL disable some features as noted...

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