KhalKapoor
Newbie
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Activity: 7
Merit: 0
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November 03, 2017, 10:04:18 AM |
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It is true that online wallets can easily be compromised and there is a chance that they might run away with all your cryptos.
But, I've been using Coinbase and Xapo since last 3 years and I just love the features they have.
I'd recommend you to use these.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Cordillera
Member
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Activity: 154
Merit: 16
John 3:16/John 14:6
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November 03, 2017, 12:35:55 PM |
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i recommend paper wallets using your USB flashdrive for back-up for sure and try also hardware wallet like Keepkey and Nano to avoid compromised. stay away from online wallet. bettter to use software wallet than online wallet
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Kate1410
Newbie
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Activity: 20
Merit: 0
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November 03, 2017, 03:21:09 PM |
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Hello, There is a new iOS bitcoin wallet called Lumi. They do not have access to your private keys and it is very easy to use. Check this one https://lumiwallet.com |
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PepperaOnIt
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November 03, 2017, 04:07:00 PM |
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There are lots of bitcoin wallets online and sites but im not trusting them. So im using a local bitcoin wallet because it is trusted and when im needed a fiat. Its easy to cashout using load or bank without hustle.
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Parodium
Sr. Member
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Activity: 1036
Merit: 332
DMs have been disabled. I am busy.
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November 03, 2017, 07:10:48 PM |
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I use Electrum and also have a Nano S on the way. As for online wallets, if you must use one (which I wouldn't advise) make sure you it has multiple levels of authentication available, two or more factors should be secure enough.
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cryptofangirl
Newbie
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Activity: 19
Merit: 0
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November 03, 2017, 07:57:55 PM |
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Hardware wallets are a must for every serious crypto holder. I cannot stress this enough. Personally I have Nano Ledger S.
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kojoannan
Member
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Activity: 294
Merit: 10
www.daxico.com
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November 03, 2017, 09:27:35 PM |
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As a beginner, I recommend Blockchain.info. They allow you to create both BTC and ETH wallet in one account. And you hold the private key to your wallet. Meaning, Unlike exchanges, you have more power and control over your investment. As you advance, you can invest in hardware which give you absolute control over your money.
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maianh09
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November 03, 2017, 09:27:48 PM |
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If you have a lot of bitcoin then I recommend you keep a little on the wallet that is so if you regularly trade on the floor dhcj you choose a reputable floor that you usually trade and to bitcoin on it or you just transfer and get bitcoin then use this online coinbase is quite good and when you have problems you send support you will be resolved in 24 hours
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Rheachan1425
Member
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Activity: 116
Merit: 100
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November 04, 2017, 02:53:04 AM |
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Here in the philippines we just have one wallet to use.
Just coins.ph for our transaction.
But I'm also using other wallet like, myetherwallet, waves and blockchain wallet.
It's just my opinion but for me it was trusted and safe.
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bummm
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November 04, 2017, 09:58:53 AM |
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Dear members
I have get some btc today. I need to store it in online wallet, online wallet because i need trade it frequently. Specially get the alt coins. Whats your recommendation about wallet and why?
You’d better use Blockchain wallet. It is the best choice for those ones, who just begin dealing with Bitcoins. This is a trusted wallet, and you can install it on your smartphone or use it through the web. Exodus is OK, but you can get only the desktop version. |
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orbit44
Newbie
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Activity: 32
Merit: 0
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November 04, 2017, 10:11:07 AM |
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I, too recommend a hardware wallet. You have fast access to your coins to trade it and you have the best security.
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jrrigs
Member
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Activity: 115
Merit: 10
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November 04, 2017, 12:20:27 PM |
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If you can invest in a hardware wallet then go for it. Most desktop and app wallets are free but the risk of losing your bitcoin is high. If it the app crashes and you don't have a back up, then recovering your bitcoin is impossible even if the wallet has a support team.
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gamerfan
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November 04, 2017, 01:33:15 PM |
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Dear members
I have get some btc today. I need to store it in online wallet, online wallet because i need trade it frequently. Specially get the alt coins. Whats your recommendation about wallet and why?
Wallets to be really safe should not be online. Cold storages or hardware wallets are generally safer. But if you need to trade frequently, there some online wallets which look quite reliable, for example blockchain.info. As a second choice you may put your funds on exchanges. But keep in mind that's not a recommended choice if you need safety. Yet there quite reliable exchanges like The Rock Trading or Bithumb. A third option could be to use Waves. Just add this plug-in to chrome and you can start to use their amazing platform: https://chrome.google.com/webstore/detail/wavesliteapp/kfmcaklajknfekomaflnhkjjkcjabogm |
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sigtmerchant
Member
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Activity: 182
Merit: 11
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November 04, 2017, 03:02:57 PM |
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Armory backed up to paper wallet is my choice. Hardware wallets don't hold more than 5(?) coins anyway, plus any hardware tends to brake down when you least expect it.
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SrujanPanuganti
Newbie
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Activity: 51
Merit: 0
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November 04, 2017, 03:35:33 PM |
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As a newbie you should try using Electrum lite wallet.
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sigtmerchant
Member
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Activity: 182
Merit: 11
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November 04, 2017, 03:40:51 PM |
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As a newbie you should try using Electrum lite wallet.
newbie tells other newbies what they "should" do? You should at least back your words with something else than your opinion. |
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KomrelliManikanta
Member
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Activity: 89
Merit: 10
trade.io - Join the Trading Revolution trade.io
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November 04, 2017, 03:41:58 PM |
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I recommend you electrum wallet and ledger nano s. Both are safest
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SainagBurra
Jr. Member
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Activity: 55
Merit: 10
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November 04, 2017, 03:43:09 PM |
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Store them in trezor or electrum wallets and also you can use blockchain.info.
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Electroneum
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cryptokath19
Member
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Activity: 406
Merit: 11
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November 06, 2017, 11:44:59 AM |
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Dear members
I have get some btc today. I need to store it in online wallet, online wallet because i need trade it frequently. Specially get the alt coins. Whats your recommendation about wallet and why?
As a newbie i recommend to used coinomi wallet because it is safe and fast transaction and have a lot of altcoins are there on these wallet so we can do exchange like Bitcoin to Ethereum. Coinomi wallet is the wallet i daily used and i have no problem with this wallet |
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rajsimran
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November 06, 2017, 11:51:58 AM |
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Dear members
I have get some btc today. I need to store it in online wallet, online wallet because i need trade it frequently. Specially get the alt coins. Whats your recommendation about wallet and why?
For online wallet you can use coinbase or bittrex for bitcoin.Also you can use blockcha.info these site is very trusted. But offline wallet is best for security  |
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