25espia1994 (OP)
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February 23, 2018, 11:40:59 PM |
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Any suggestion which crypto wallets do i use for good? I'm from philippines my wallet was coins.ph which have my current currency and btc wallet only. Thanks.
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pooya87
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February 24, 2018, 02:50:07 AM |
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coins.ph is not a bitcoin wallet, it is more like a bitcoin account. it has some features of a wallet obviously, such a letting you send and receive bitcoin. but you have been doing it through a third party. it is something like Coinbase! if you want a bitcoin wallet then use a bitcoin wallet. if you want the benefits of a full verifying node then install bitcoin core. if you can't and want a light (SPV) wallet then choose Electrum. for cold storage you can use bitaddress.org for creating paper wallets and for hardware wallets you can use Trezor. read this for more information: https://bitcointalk.org/index.php?topic=1631151.0
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Kemarit
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February 24, 2018, 03:29:47 AM |
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Any suggestion which crypto wallets do i use for good? I'm from philippines my wallet was coins.ph which have my current currency and btc wallet only. Thanks.
Coins.ph is an exchange wallet, but its true it can hold bitcoin just like any exchanges but no control because you don't have the Private Key. So in an event of a hack, most likely you will lose all your bitcoin or PHP on coins.ph. Although there's no history as of yet of a hack on them, but its better to keep your coins in wallet like Bitcoin Core or Electrum. Here ( https://bitcoin.org/en/choose-your-wallet), try to educate yourself and see what wallet fits your need.
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SonOfNorth
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THE GAME OF CHANCE. CHANGED.
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February 24, 2018, 03:31:51 AM |
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If you have any worthwhile amount, I would highly recommend a hardware wallet like Trezor or Ledger. Personally I have the Ledger Nano S, and I only keep some small amounts (few hundred bucks total) on exchanges, because those are not safe ways to store anything long-term.
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ThePunisher49X
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February 24, 2018, 03:36:02 AM |
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A wallet to hold your bitcoins is not the same as an exchange wallet which is what you just explained you are using in purchasing them from coins.ph which is exactly that. A temporary place to have them before you send to a real bitcoin wallet so to hold it long term and not just a spot where to start their journey off from. On to the next hop would be a bitcoin wallet such as blockchain.info is the original one.
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hadveach
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February 24, 2018, 04:02:35 AM |
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there are a lot of nice wallets to store your bitcoin, and because I am from Indonesia, so I'm more comfortable using bitcoin VIP Indonesia.
or you can choose blockchain, but its only to receive and bitcoin only, no other features.
you can also use xapo and coinbase. please you choose a bitcoin wallet that you feel comfortable.
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UAE Seasider
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Helios Protocol https://discord.gg/cpzAEMB
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February 24, 2018, 04:18:35 AM |
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I use both Bitcoin core and Exodus as the two local wallets to store my Bitcoins. Bitcoin Core is the heaviest on computing time and resources as it stores the entire chain on my computer. Exodus is a lite wallet and just hold the balances and keys but it does give me the opportunity to trade easily with other coins that it supports. Always keep a hardware backup of your wallet and private keys and if applicable seed phrase in a secure location. You never know when you might need it to recover your funds.
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Dexion
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February 24, 2018, 04:55:13 AM |
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I am more comfortable with using xapo, because the security level is good. if we will log in to the xapo wallet, we have to use the code sent to our number, so only we know the code to open the wallet.
and for other wallets, I also prefer to use ledger nano. simple and can be taken anywhere we want.
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appleyard
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February 24, 2018, 04:55:27 AM |
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coins.ph is not a bitcoin wallet, it is more like a bitcoin account. it has some features of a wallet obviously, such a letting you send and receive bitcoin. but you have been doing it through a third party. it is something like Coinbase! if you want a bitcoin wallet then use a bitcoin wallet. if you want the benefits of a full verifying node then install bitcoin core. if you can't and want a light (SPV) wallet then choose Electrum. for cold storage you can use bitaddress.org for creating paper wallets and for hardware wallets you can use Trezor. read this for more information: https://bitcointalk.org/index.php?topic=1631151.0This comment clearly stated what you need to store your bitcoin safely, also you can use a external storage called nano ledger this will allow you to maximize the security of your bitcoin. Do not store all of your bitcoin to coins.ph this platform are getting a huge fees in transferring and buying bitcoin you should use coinbase.
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heureca
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February 24, 2018, 04:59:12 AM |
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Any suggestion which crypto wallets do i use for good? I'm from philippines my wallet was coins.ph which have my current currency and btc wallet only. Thanks.
For BTC I prefer blockchain.info wallet. For ERC-20 coins - myetherwallet. For other coins I use wallets from official website of criptocurrency
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Wicked17
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February 24, 2018, 05:26:48 AM |
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Any suggestion which crypto wallets do i use for good? I'm from philippines my wallet was coins.ph which have my current currency and btc wallet only. Thanks.
Coinsph is an exchange wallet, so far so good in using this wallet for directly converting bitcoin into fiat money but the cons here is you are not holding the private key. If you are doing some transactions daily or weekly you can use blockchain wallet. If you just want to hold it for long term better to use a hardware wallet like trezor or ledger.
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25espia1994 (OP)
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February 24, 2018, 05:28:12 AM |
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coins.ph is not a bitcoin wallet, it is more like a bitcoin account. it has some features of a wallet obviously, such a letting you send and receive bitcoin. but you have been doing it through a third party. it is something like Coinbase! if you want a bitcoin wallet then use a bitcoin wallet. if you want the benefits of a full verifying node then install bitcoin core. if you can't and want a light (SPV) wallet then choose Electrum. for cold storage you can use bitaddress.org for creating paper wallets and for hardware wallets you can use Trezor. read this for more information: https://bitcointalk.org/index.php?topic=1631151.0 Thank a lot for your suggestions sir, That was the exactly i want to know. It is a great help to me and to other beginners. Appreciated.
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bright4mech
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February 24, 2018, 05:53:10 AM |
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Blockchain wallet, is the best so far and well secured with multiple way of lock with a private key, is used on cryptocurrency and secondly the another wallet that is accept difference types of coin is my etherwallet.com, working perfectly on alt coin market exchange and also secured with a private key
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Sangkuni
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February 24, 2018, 06:44:47 AM |
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you can read this article as your reference, i hope the article can help you... btw i prefer to use offline wallet cause i think its more safe...
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zafaryaqoob
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February 24, 2018, 06:47:55 AM |
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Don't choose any New wallet to store your cryptocurrency, You can use the CoinBase wallet for your Bitcoin Because its a Most secure wallet at this time after creating a wallet must enable 2-factor authenticator feature.
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mersal
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February 24, 2018, 06:52:30 AM |
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Don't choose any New wallet to store your cryptocurrency, You can use the CoinBase wallet for your Bitcoin Because its a Most secure wallet at this time after creating a wallet must enable 2-factor authenticator feature.
But coinbase is also like coin.ph the exchange which provides the wallet service annd 2FA security maybe increase the security level but it also not completely secured. The best wallet is the wallet which can provide us the private key access then we have the full access to our bitcoin so no one can steal our money without the private keys.
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Arcdhaven
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February 24, 2018, 06:55:21 AM |
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Any suggestion which crypto wallets do i use for good? I'm from philippines my wallet was coins.ph which have my current currency and btc wallet only. Thanks.
Electrum I think is the best wallet to used and this is probably the best thing to use especially where you are today.
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Backbuy
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February 24, 2018, 07:09:30 AM |
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Electrum is the best wallet especially in your country where you are now
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Smpdytz1
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February 24, 2018, 07:20:29 AM |
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I suggestion to use hard wallets. In hardware wallet private key is store in hardware and it is very difficult to hack.and security is also good. If you lose or broken your device you can restore your cryptocurrency by using recovery cards soo use a hardware wallet
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Rashid555
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February 24, 2018, 07:27:15 AM |
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I think the blockchain is good wallet for bitcoin using now the people uses different wallet but now i like to use blockchain.info i have used this for many transactions and i am satisfied with this wallet Bitcoin is good to hold it in this wallet and now the blockchain.info is supporting bitcoin cash which is also a good thing for the bitcoin users. I would like to use my this wallet for my business transaction as well.
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