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Question: Which wallet is best
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Rabby637 (OP)
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September 27, 2017, 11:47:24 PM
 #1

Which bitcoin wallet is best for transaction.

Anyone can tell me which wallet take low fee secure & send bitcoin as fast as possible
LeGaulois
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September 27, 2017, 11:54:09 PM
Last edit: September 29, 2017, 09:22:02 PM by LeGaulois
 #2

The wallet is not what makes a transaction sent quickly, it is the fee you attach to your transaction. This has been asked 47th times at least. You can go to the "Wallets" subforum and you will find all the replies you want about it. Secure doesn't mean a lot. It's you who secure your wallet.

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September 28, 2017, 01:04:34 AM
 #3

Btw, none of the wallets above is secure enought to store a large amount of BTC. Like LeGaulois said, fees are the same for every wallet. You are not paying the developer of the wallet, but the miners with your transaction fees - which is required for every transaction. TLDR: Understand Bitcoin first.

Regardless, I recommend you to use Electrum as your desktop wallet and Mycelium if you want an Android wallet.

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September 28, 2017, 02:28:50 AM
 #4

Actually those all above mentioned are not recommended wallets they are only exchange and online wallets which we use to buy or sell bitcoins and not for storage purposes only blockchain.info is one of the good wallet you mentioned but Im not personally using it try to use desktop wallets like electrum, copay or exodus instead.
Rabby637 (OP)
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September 28, 2017, 04:15:13 AM
 #5

Btw, none of the wallets above is secure enought to store a large amount of BTC. Like LeGaulois said, fees are the same for every wallet. You are not paying the developer of the wallet, but the miners with your transaction fees - which is required for every transaction. TLDR: Understand Bitcoin first.

Regardless, I recommend you to use Electrum as your desktop wallet and Mycelium if you want an Android wallet.

How many fee take in Mycelium every transaction???
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September 28, 2017, 04:17:28 AM
 #6

From your list I have chossen blockchain.info , but I suggest you to download electrum which is better than any of these.
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September 28, 2017, 06:12:32 AM
 #7

Which bitcoin wallet is best for transaction.

Anyone can tell me which wallet take low fee secure & send bitcoin as fast as possible

Based on the choices that you have, i'd have to go with blockchain.info.

This is the only wallet that gives you control over your own private keys. Coinbase, coins.ph, and coinpayments all hold your funds for you and do not actually give you control over your coins. You'd have to trust them to make payments for you and hold your funds safe.

That said, i'd probably still go with something like electrum, over blockchain.info.
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September 28, 2017, 06:22:26 AM
 #8

You have to search at least, coz there are too many threads about this topic.
If you are talking about security, the wallet you mentioned above is lesser concerning to security and they are all vulnerable to hacking since you mentioned were web wallets.
And for the transaction fee features, coinbase and coisph don't take fees if you are sending coinsph to coinsph and coinbase to coinbase, but they take fees for sending to non coinsph or coinbase user, the rest like Coinpayment, I never use this wallet eversince so I can't tell you about them, and to blockchain,info, you can choose your fee but sometimes many users faced a problem regarding their fee, sometimes it sends too small and sometimes too huge fees..  
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September 28, 2017, 12:51:45 PM
 #9

Actually all of the above bitcoin wallets that you list out are not recommended for storing huge amount of bitcoins in them, if you would like to store your bitcoin in a secure way and also be able to customize the miner transactions fee, I would recommend you to purchase a Ledger Nano S, it is a very good hardware bitcoin wallet.

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September 28, 2017, 08:14:28 PM
 #10

To being secured, I would suggest to use ledger NANO S. Easy to use and there is enough information online if you get caught up.

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September 29, 2017, 08:27:50 AM
 #11

Which bitcoin wallet is best for transaction.
This is personal preference but i use both blockchain.info and electrum

Anyone can tell me which wallet take low fee secure & send bitcoin as fast as possible
We need to understand that fees do not go to the devs of the wallet but rather are treated as an incentive that goes to miners for mining your coins. And if you want your transaction to be confirmed faster use high fees to get ahead of the queue for this information visit https://bitcoinfees.21.co to set appropriate fees
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September 29, 2017, 12:23:54 PM
Last edit: September 29, 2017, 01:00:23 PM by SvenBomvolen
 #12

The right wallet for such beginners just like you are would be Blockchain.info. I have started from this wallet and recommend it to all micro-earners, that is the easiest wallet for use and interface of it performed in many languages, so you can chose yours to make the use of the wallet even more simple.
When the time will come and you will be an owner of some good sum of mBTCs I would suggest you to move on a hardware wallet or on a paper one, but that's only for the case if you plan to hold your founds but not cash out every your earning  Smiley
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September 29, 2017, 03:12:56 PM
 #13

I am using blockchain.info web wallet, electrum and jaxx right now.

Electrum is best as you can set custom fees so that you will get confirmation within next block, paying very low fee will make your transaction stuck for days. You should use electrum and customize fees manually or you can set dynamic fee there which will set recommended fee automatically so that you don't have to go through determining and setting enough fee to get confirmation on next block.

 
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September 29, 2017, 06:56:48 PM
 #14

You should add electrum, jaxx, exodus etc in your poll.

Out of all wallets listed in poll, I am using and love blockchain wallet because they encrypt your wallet file and never store your private key in their server.

 
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September 29, 2017, 07:20:25 PM
 #15

You should add electrum, jaxx, exodus etc in your poll.

Out of all wallets listed in poll, I am using and love blockchain wallet because they encrypt your wallet file and never store your private key in their server.

For a desktop wallet, I definitely agree to recommend Electrum. It's recommended on Bitcoin.org, and it's fast, lightweight and safe.

However, I do not recommend the Jaxx wallet. It has very poor security for a desktop wallet; at most, it is secured by a 4-number pin -- easily crackable. Any desktop wallet should offer full private key encryption with a strong passphrase. This level of security is completely unacceptable to me. I've heard some scary warnings about the Exodus wallet, too, but I have not verified them.

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September 30, 2017, 06:49:08 AM
 #16

I am using blockchain and coins.ph, for me these two wallet is good I do not have any bad experience while using these wallets but since I am from Philippines and coins.ph is our local bitcoin wallet that is why this wallet I used many times because it has many services that fits in my daily living also it gives me instant business; and I used blockchain to received bitcoin from other method I used to make bitcoin, and I am looking for other bitcoin wallet which has small transaction fee also I used it to save my other bitcoin for my future.
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September 30, 2017, 06:55:19 AM
 #17

You should add electrum, jaxx, exodus etc in your poll.

Out of all wallets listed in poll, I am using and love blockchain wallet because they encrypt your wallet file and never store your private key in their server.
Jaxx have had multiple hack attempts in the past and exodus isn't a desktop application since it runs as an instance of chrome on your OS.Meaning,they aren't to be trusted.

I am using blockchain and coins.ph, for me these two wallet is good I do not have any bad experience while using these wallets but since I am from Philippines and coins.ph is our local bitcoin wallet that is why this wallet I used many times because it has many services that fits in my daily living also it gives me instant business; and I used blockchain to received bitcoin from other method I used to make bitcoin, and I am looking for other bitcoin wallet which has small transaction fee also I used it to save my other bitcoin for my future.
There is no wallet with small transaction fees dude,you have to check the fees according to the current network congestion and decide the fees accordingly.You shouldn't be using bitcoins if you don't know the difference.
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September 30, 2017, 11:54:36 AM
 #18

Which bitcoin wallet is best for transaction.

Anyone can tell me which wallet take low fee secure & send bitcoin as fast as possible
If you are looking for security in a wallet, none of the wallets listed in your poll even stands a chance. For transaction purpose, so as to send bitcoin as fast as possible totally depends on you. The fees you input in your transaction is what makes your transaction to be quickly confirmed or not. Like I said though, none of those wallets you mentioned gives you full access to your wallet, so I cannot stamp them to be secured.
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September 30, 2017, 01:29:50 PM
 #19

Which bitcoin wallet is best for transaction.
Anyone can tell me which wallet take low fee secure & send bitcoin as fast as possible
Low fee just makes your transaction become slower and there is nothing good to use low fees transaction most likely your transaction never be confirmed.
Take desktop wallet, such as Electrum and you have safe wallet in your pc. That's better than using web wallet and you don't know how to secure it.

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September 30, 2017, 11:39:19 PM
 #20

Why coins.ph is in the list i think this is not world wide but it can be use even not verified but you can't withdraw in to fiat if you are not verified in coins.ph.. But if you are just wanted to use them as wallet for sending it could be best choice than the other web wallet as base what i experience you can choose either slow medium or fast but medium is ok for faster transaction or if you wanted to pay for less fee slow could be also good choice and use a viabtc transaction accelerator..
Just refer for the bitcoinfees if what is the default fee that can gives you more idea for estimation speed of the transaction..

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