Help to Select a BTC Wallet

[Suzane007]

Hello

Currently, I'm collecting Satoshis just from faucets and I was using Coinbase.

Now I will be receiving some BTC and I want to move the Satoshis from Coinbase to some wallet that is legal or friendly for Indians.

I have asked two of my friends, one suggested Zebpay another suggested Btcbns. Currently, Warzirx has also come up.

I searched the net and this forum as well but finding it difficult to decide the better one.

I'm completely new to this crypto world so I want to know some of your experience and select the better one.

Sorry if I'm posting this query in the wrong section.

Thanks in Advance. 

[newwest]

Since currently you are earning through fauctes so they will not be much greater qty so you can easily store it in online wallet. once you have a big like 0.5 BTC or greater than you should ideally be storing it offline. Unless you want to trade it than some btc you should keep in online wallet on exchanges so that you can trade it.


Also Zebpay, Unocoin are good wallets to be used.

[TigerMart]

For layman - https://www.blockchain.info

For advanced user - https://coinb.in

For cold storage offline - https://www.bitaddress.org

Do NOT use Zebpay, Unocoin or any other Indian exchange for storing bitcoin. Those are not wallet in true sense. They just promote themselves as wallet.

[@prashant]

always go for wallet that you hold private key and its best to use offline wallet such as ledger nano,trezor,etc.never hold your crypto in exchanges ,recently there is increasing amount of hacking activities.you can also go for client wallet if you have good internet connection.

[Suzane007]

Since currently you are earning through fauctes so they will not be much greater qty so you can easily store it in online wallet. once you have a big like 0.5 BTC or greater than you should ideally be storing it offline. Unless you want to trade it than some btc you should keep in online wallet on exchanges so that you can trade it.


Also Zebpay, Unocoin are good wallets to be used.

Thanks for the reply.

Thought of using ledger nano S once I cross 20-25k INR.

[Suzane007]

For layman - https://www.blockchain.info

For advanced user - https://coinb.in

For cold storage offline - https://www.bitaddress.org

Do NOT use Zebpay, Unocoin or any other Indian exchange for storing bitcoin. Those are not wallet in true sense. They just promote themselves as wallet.

You have said that https://www.blockchain.info is for layman and https://coinb.in is for advanced users. Will you mind mentioning in brief in what sense they are different?

Regarding https://www.bitaddress.org the spending part is not clear to me.

[Suzane007]

always go for wallet that you hold private key and its best to use offline wallet such as ledger nano,trezor,etc.never hold your crypto in exchanges ,recently there is increasing amount of hacking activities.you can also go for client wallet if you have good internet connection.

If I'm not wrong https://www.bitaddress.org can also serve as hardware wallet. 

[Suzane007]

I always use Bitfort https://www.thebitfort.com which is one with the best price among all other Bitcoin exchanges! You all can buy and sell Bitcoin from BitFort Wallet which is available for both IOS and Android.
BitFort is the first crypto wallet in India where you can buy and sell Ripple as well as Ethereum directly to Indian Rupees.
Download Bitfort for
IOS: https://itunes.apple.com/us/app/bitfort/id1329678083?mt=8&ign-mpt=uo%3D2
Android: https://play.google.com/store/apps/details?id=com.cryptomining.bitcoin

You can become part of our telegram channel: https://t.me/bitfort

Seems a new app.

Let it get seasoned.

[Btc-Behlool]

Zebpay is a good wallets to be used.....

[suchi2591]

if you are looking for indian wallet only try koinex exchange wallet. zebpay is also relocated to singapore. so if you have no issue with using international wallets , go for blockchain

[snkiworld]

Use Trezor or Ledger nano s, dont use any exchange wallet to store btc they are totally unsafe.

[sgk]

Hello

Currently, I'm collecting Satoshis just from faucets and I was using Coinbase.

Now I will be receiving some BTC and I want to move the Satoshis from Coinbase to some wallet that is legal or friendly for Indians.

I have asked two of my friends, one suggested Zebpay another suggested Btcbns. Currently, Warzirx has also come up.

I searched the net and this forum as well but finding it difficult to decide the better one.

I'm completely new to this crypto world so I want to know some of your experience and select the better one.

Sorry if I'm posting this query in the wrong section.

Thanks in Advance. 

What you're using (Coinbase) or what you're thinking of using (Zebpay) are not "wallets". They're exchanges that let you keep your Bitcoin on "their" wallet. You don't have full control on those coins because you don't have the "private keys" to those coins. A wallet is something where you have the full control on your coins by having the private keys to yourself. Wallets do not have jurisdiction or legal boundaries, so your concern about them being legal in India has no basis.

In this regard, I would suggest you to use Electrum wallet which is very easy and safe to use even by new users like yourself. Give it a try and post here if you have any questions.