sunno330 (OP)
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September 07, 2017, 05:32:45 AM |
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Would you think that coinbase wallet is more secure for stock for bitcoin?
And is there any possibility to lost my btc from coinbase wallet?
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notyours
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September 07, 2017, 05:41:26 AM |
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We know this is a third party wallets. It means we do not hold our privatekeys. And we can not freely do all the things we do with our bitcoins. Because they have policies implemented. And if we violate this, it is probable. If you really want to keep a lot of btc safe and do not worry about it. is in myetherwallet or whatever wallet as long as you hold your private keys.
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yishak
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September 07, 2017, 05:44:37 AM |
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Yes, its possible you might lost your btc if a hacker penetrates into their system. All web based wallets are not completely safe, you should try wallets that will store your keys on your device. A good example is Electrum. Its lightweight , secure and decentralized wallet.
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davis196
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September 07, 2017, 05:48:34 AM |
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Would you think that coinbase wallet is more secure for stock for bitcoin?
And is there any possibility to lost my btc from coinbase wallet?
There`s no possibility to lose your bitcoins,but there is a possibility that the Coinbase customer support will block your account,if you use your bitcoins for gambling and other illegal activities. I`m not a Coinbase fan,becasue i had issues with logging into my wallet around 2 years ago. Their customer support was slow,but everything was fine in the end. |
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sunno330 (OP)
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September 07, 2017, 05:50:02 AM |
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We know this is a third party wallets. It means we do not hold our privatekeys. And we can not freely do all the things we do with our bitcoins. Because they have policies implemented. And if we violate this, it is probable. If you really want to keep a lot of btc safe and do not worry about it. is in myetherwallet or whatever wallet as long as you hold your private keys.
myetherwallet? is it not for ethereum? I said about bitcoin. oh then I see!! which wallet has private keys. thank u so much |
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The_Selected_Few
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September 07, 2017, 05:52:34 AM |
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I moved from CEX to Coinbase because CEX's fees where far higher.
I have had no problems with either of them and use 2 phase authentication.
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Pursuer
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Where is my ring of blades...
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September 07, 2017, 05:52:43 AM |
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Would you think that coinbase wallet is more secure for stock for bitcoin?
no it is not. cold storage such as paper wallet or a hardware wallet is more secure. in fact anything else even a desktop wallet is more secure than a third party web wallet that you don't even have access to the private keys. And is there any possibility to lost my btc from coinbase wallet?
yes there are many possibilities: - you account can get hacked - their system may have a flaw in it that leaks your account - they can someday decide that you are using coinbase against their TOS (like gambling) and block your account - they can turn into scam and run away. |
Only Bitcoin
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Rajamuda
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September 07, 2017, 06:11:18 AM |
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Well I think coinbase is safe for bitcoin inventory storage. I also use it, and already proven on coinbase it is safely, it's for me. If the possibility of losing me less so know, because so far i didn't losted my btc on coinbase.
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Kabul
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September 07, 2017, 06:24:33 AM |
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If you think that you are not capable to control your computer and password, coinbase maybe a good idea. Since there are many people who do not know how to use the computer properly, their computers are harmed by virus, trojan, etc. Coinbase will help you to avoid those issue. But, as you know, using coinbase means your bitcoin is controlled by a third party. Therefore, I still recommend you to learn some basic knowledge about the computer and download a bitcoin pc wallet for your own. There are many complaints about coinbase system already
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hello_good_sir
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September 07, 2017, 07:43:38 AM |
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Would you think that coinbase wallet is more secure for stock for bitcoin?
And is there any possibility to lost my btc from coinbase wallet?
Any wallet service that doesn't allow you access to your coins by letting you export your own private keys is risky to use. Even though coinbase is a registered company regulated under the US government, it is still possible for them to get hacked and you in effect get nothing back, and lose all your balance. Although this is unlikely this is something to consider when you are planning on storing money with them. Also just would like you to know that recently, coinbase support has been absolutely horrible. Users do not get any response for weeks, and often they have issues sending bitcoin or transferring btc out of the vault. Would not recommend using them unless they solve these issues. |
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sulendra12
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September 07, 2017, 11:52:47 AM |
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Would you think that coinbase wallet is more secure for stock for bitcoin?
It's not secure, as your money hold by third party wallet and sometimes their service would be closed. It would be better to make your own address from vanitygen, hold your private key and then store them. It much better than using default address offered by Coinbase. And is there any possibility to lost my btc from coinbase wallet?
Yes. |
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passwordnow
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September 07, 2017, 12:16:05 PM |
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Would you think that coinbase wallet is more secure for stock for bitcoin?
And is there any possibility to lost my btc from coinbase wallet?
A big no, coinbase isn't secured and you don't have the private keys on it. Those wallets that is giving you the private key are those secured ones. I wouldn't put all my bitcoins stored at coinbase and it's a risky thing. If you are aware of mt.gox and bitfinex hacking incident, the same thing can happen to coinbase and your coins can be lost too. |
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sunno330 (OP)
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September 07, 2017, 04:06:34 PM |
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Thank you very much all Dud.
I also thinking now that, it is not secure and its transaction fee is more than other bitcoin wallet service.
So, what is the perfect wallet?
I will ask in thread.
Thanks again
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erikalui
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September 07, 2017, 05:48:36 PM |
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Would you think that coinbase wallet is more secure for stock for bitcoin?
And is there any possibility to lost my btc from coinbase wallet?
Losing your coins would be a rare instance as they support 2FA but if you are involved in exchanging bitcoins for other currencies or gambling your money, they can close your account anytime. They have too many restrictions compared to xapo and hence it's better to use xapo as the fee charged by both is the same. |
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LTU_btc
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Slava Ukraini!
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September 07, 2017, 10:17:57 PM |
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Thank you very much all Dud.
I also thinking now that, it is not secure and its transaction fee is more than other bitcoin wallet service.
So, what is the perfect wallet?
I will ask in thread.
Thanks again
This question was asked million times. If you would spend few minutes for research, you would find the answer. I will help for you - read this article: https://99bitcoins.com/best-bitcoin-wallet-comparison-review/My advice - choose wallet, where you can access your private keys. |
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sunno330 (OP)
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September 08, 2017, 12:51:49 AM |
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Thank you very much all Dud.
I also thinking now that, it is not secure and its transaction fee is more than other bitcoin wallet service.
So, what is the perfect wallet?
I will ask in thread.
Thanks again
This question was asked million times. If you would spend few minutes for research, you would find the answer. I will help for you - read this article: https://99bitcoins.com/best-bitcoin-wallet-comparison-review/My advice - choose wallet, where you can access your private keys. Thank you bro. I will see this article. So from now, I will try to use a wallet which has private keys. 😍😍 |
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PinkB
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September 08, 2017, 07:09:07 PM |
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Without private Key no one wallet is safe and secure. you can lost all of your Bitcoin any time if the site hacked or they face any issue. So every time try to use a wallet that provide you private key for your wallet.I am a coinbase user,regularly using this wallet.not yet facing such horrible issue but i also know its not safe.because i have no private key for my wallet.
So for storing bitcoin try to use desktop wallet.it is safe, don't use online wallet for store your bitcoin.its high risky.
I am thinking about desktop wallet, I need to use it.
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PAKYU
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September 08, 2017, 07:37:34 PM |
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coinbase or other if you are using third part application and wallet it is not your own coin. you should use your own wallet with your private key.
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ice18
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September 09, 2017, 02:02:51 AM |
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Would you think that coinbase wallet is more secure for stock for bitcoin?
And is there any possibility to lost my btc from coinbase wallet?
Coinbase is secured if security is your only concern but for long term storage like 2-5 years in stock its not advisable that was very risky decision there is no assurance that you can recover all your stored btc if something happens in this kind of exchanges sites, Coinbase is only good for buying and selling your btc not for long term storage, use desktop wallet instead. |
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Fire Rabbit
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September 09, 2017, 11:41:03 AM |
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Coinbase is a good wallet friend. You can try that wallet. I never had any issues with them. 4 months back their transaction fees was very high. So I shifted my coins from there. But now I heard that it again introduced zero transaction fees. In terms of security also its really good. But after all its a online wallet and you don't have control on your coins.
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