Which is the best wallet to store bitcoin.

[anonszs]

Hello i have recently bought some bitcoin and litecoin and was wandering what wallet or method is the best to store it in. (From the UK if that helps)

Thanks.

[player514]

Hello i have recently bought some bitcoin and litecoin and was wandering what wallet or method is the best to store it in. (From the UK if that helps)

Thanks.

Regardless of what you choose try to stay away from Coinbase. I personally use Electrum, and a lot of people have agreed that it's one of the better wallets out there -- they've supported the major forks (to an extent at least with electrum cash), but Coinbase is just too steep with the fees. Try to avoid that because it gets in the way with trying to exchange crypto into fiat.

[leex1528]

I personally use Coinbase, I know the guy above me said don't use it, but I have never had any problems with them and all the transaction fees haven't been an issue for me as I usually only receive Bitcoin and don't send it a lot.   I like Coinbase cause they are at least backed by something..

[anonszs]

Hello i have recently bought some bitcoin and litecoin and was wandering what wallet or method is the best to store it in. (From the UK if that helps)

Thanks.

Regardless of what you choose try to stay away from Coinbase. I personally use Electrum, and a lot of people have agreed that it's one of the better wallets out there -- they've supported the major forks (to an extent at least with electrum cash), but Coinbase is just too steep with the fees. Try to avoid that because it gets in the way with trying to exchange crypto into fiat.

Which wallet type would be the best to create if i used Electrum? https://gyazo.com/c7c40c6a4b6fb6ffc1a3beee19083664

[madarahal]

best safe option offline wallet 

[Bolt Brownie]

Regardless of what you choose try to stay away from Coinbase.
Coinbase is just too steep with the fees. Try to avoid that because it gets in the way with trying to exchange crypto into fiat.

Why do you say this? When it comes to exchanges they really look like one of the most secure to me. Poloniex looks decent to, and if you have problems with fees at coinbase, you could always try to use Gdax. It belongs to coinbase as well, but at least you can trade your coins to fiat, so you can't really complain about fees here, because it's all about the price you manage to get. Also, they only charge 15cent or something like that for a bank withdrawal, and right now I think it's hard to compete with that.

Anyway as for ways to secure your bitcoins, and although I like coinbase, I would recommend you to keep your coins at a hard wallet (trezor or ledger), or at least in desktop wallet like electrum. For me these are the most secure options for holding, since they are reliable and you have your private keys, and that does not happen on an exchange.

[retampan]

Hello i have recently bought some bitcoin and litecoin and was wandering what wallet or method is the best to store it in. (From the UK if that helps)

Thanks.

Regardless of what you choose try to stay away from Coinbase. I personally use Electrum, and a lot of people have agreed that it's one of the better wallets out there -- they've supported the major forks (to an extent at least with electrum cash), but Coinbase is just too steep with the fees. Try to avoid that because it gets in the way with trying to exchange crypto into fiat.

Which wallet type would be the best to create if i used Electrum? https://gyazo.com/c7c40c6a4b6fb6ffc1a3beee19083664

The standard wallet would be the best if you haven't experienced Hardware Wallet. Wallet with two-factor authentication means you get more security plus with the 2fa. If you have old Bitcoin addresses then the best choice is Import Bitcoin addresses or private keys. I didn't quite know about the Multi-Signature Wallet. Maybe you can try to read Electrum Docs to learn basic about Electrum: http://docs.electrum.org/en/latest/

[h55]

Please be careful, the best wallet for BTC storage only paper wallet and ledger

[spadormie]

Well the best wallet to put all of your bitcoin is in blockchain. Probably it is so secured and also find wallet where you have 2fa and private key. Having priv key and 2fa makes your btc and your wallet secured.

[bitkanu]

Well the best wallet to put all of your bitcoin is in blockchain. Probably it is so secured and also find wallet where you have 2fa and private key. Having priv key and 2fa makes your btc and your wallet secured.

blockchain is the system that bitcoin uses, you need to read more about it because it seems that you're lack of information, also if you means blockchain.info wallet, it's unsecured
and can be hacked easily, better store it in offline wallet.

[anonszs]

Please be careful, the best wallet for BTC storage only paper wallet and ledger

I would get a paper wallet but dont have access to a safe printer.

[sheenshane]

Here our country we used coins.ph wallet it is safe wallet with 2fa and we have our own private key and personal mobile number authentication, so it possible to hack unless they know your private key. Also coinbase wallet so far I don't have heard any trouble with that wallet. To more secure of your bitcoin also used hardisk wallet or offline wallet that is very safe. Don't put all your eggs in a one basket.

[rainbow169]

I highly recommend a hardware wallet mate. Just use a ledger and keep an eye on the amazon.co.uk offers, sometimes the price could be lower than ordering from ledger directly.

[Frank0209]

I personally use Coinbase, I know the guy above me said don't use it, but I have never had any problems with them and all the transaction fees haven't been an issue for me as I usually only receive Bitcoin and don't send it a lot.   I like Coinbase cause they are at least backed by something..

LOL. You're wrong buddy. Coinbase is not the best wallet when you can't control your private key. For now as I know the best wallet to store Bitcoin is coldstorage wallet like Trezor or ledger nano s which you can control your private key and nobody can stole your Bitcoin when you're not connect the USB stick with your computer and click the button on the USB stick.

[aoluain]

I personally use Coinbase, I know the guy above me said don't use it, but I have never had any problems with them and all the transaction fees haven't been an issue for me as I usually only receive Bitcoin and don't send it a lot.   I like Coinbase cause they are at least backed by something..

LOL. You're wrong buddy. Coinbase is not the best wallet when you can't control your private key. For now as I know the best wallet to store Bitcoin is coldstorage wallet like Trezor or ledger nano s which you can control your private key and nobody can stole your Bitcoin when you're not connect the USB stick with your computer and click the button on the USB stick.

i use coinbase for buying bitcoin with fiat, a direct transfer
from my linked bank account attracts zero fees, transfer to
gdax and to a different bitcoin wallet attracts zero fees.

coinbase is an excellent facility but i dont store bitcoin there.

There are 3 wallets I use, coinomi on my mobile phone wallet,
exodus and electrum on my desktop. I have control of all my
wallets and the private keys. its much safer than storing
them long term online.

[shinjunobi09]

For me mycelium is one of the best out , no issues or whatsoever I have read so far. Fast and easy transaction also transaction fees. If the transaction is done in a proper manner, then you would not encounter any issues regarding whatsoever.

[TiffanyLien23]

For me myetherwallet and coins.ph.

[browder07]

You may have misunderstood. Your wallet is simply a bitcoin address, and you have a pass to that wallet address. It can not be cold as people think.

[whoisyourking]

There are lots of bitcoin wallet that offers the best service and security like coinbase and blockchain but you can also use a paper wallet and offline wallet. In terms of security, building your own safety measure in dealing with bitcoin is more secure and safe.

[gudrun]

That is your wallet address. Not the wallet you hold daily. It is only 1 address and is validated by all computers around the globe. Only if you have the wallet address and password of that wallet will you be able to log in