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Author Topic: I am using coinbase wallet, What wallet are you using?  (Read 116 times)
GoldenView
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April 08, 2018, 02:00:39 PM
 #1

Coinbase is great for little bit transaction.
Coinbase to coinbase Bitcoin, Litecoin, Ethereum & Bitcoin cash sending full free. No fees at all if you use Email address for transaction.
I like coinbase.
What wallet you using now? And What about it?

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TryNinja
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April 08, 2018, 02:11:07 PM
 #2

Coinbase is not a wallet. It's simple: "If you don't own the private key you don't own your bitcoin";

If you really want to keep your coins safe, use a proper wallet for each of your coins.

Electrum for Bitcoin
Electrum-LTC for Litecoin
Electron Cash for Bitcoin Cash
MyEtherWallet for Ethereum



[1] https://blog.coinbase.com/coinbase-is-not-a-wallet-b5b9293ca0e7

jozefbe
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April 08, 2018, 03:11:58 PM
 #3

I am not using any wallet for keeping my bitcoins. My holdings are scattered over different exchanges so as to increase the security.
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April 08, 2018, 03:49:35 PM
 #4

I personally use a Ledger Nano S[1]. No regrets on this purchase whatsoever. Security should always be a priority.

I really don't suggest using Coinbase as a wallet. Only use Coinbase as a way of buying btc/eth/ltc using FIAT money, nothing else. If Coinbase decides to lock up your account or if ever they get hacked(hopefully not though), you're screwed.


[1] https://ledgerwallet.com/

Guarium
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April 08, 2018, 06:35:52 PM
 #5

I recommend a safe hardware portfolio: TREZOR which always have the size of a key ring.

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April 08, 2018, 06:36:01 PM
 #6

I'm currently using MyEtherWallet for ERC-20 tokens, NEON wallet for NEP5 tokens and Electrum for BTC.

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April 08, 2018, 07:27:33 PM
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Storing Altcoins on exchanges, BTC/ETH on a ledger, NEO on NEON and token on MEW.
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April 08, 2018, 07:55:04 PM
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Bitcoin Core.

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April 08, 2018, 08:53:45 PM
 #9

Coinbase isn't the most secure option you could choose--
Hardware wallets like Trezor or Ledger Nano provide much more security against hacking or theft.
If you hold your crypto in an exchange, your private keys are in the hands of the exchange, and they have the responsibility for the safety of your cryptocurrency. It’s usually a good idea to only keep a small amount of crypto on exchange wallets that you plan to trade. Otherwise, if the exchange is hacked, your cryptocurrency could be stolen with no recourse available.

We touch on this more in our blog post about wallets, so check it out  Smiley
http://bit.ly/WalletGuide

Hope this helps!

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April 08, 2018, 08:55:30 PM
 #10

Coinbase is not a wallet. It's simple: "If you don't own the private key you don't own your bitcoin";

If you really want to keep your coins safe, use a proper wallet for each of your coins.

Electrum for Bitcoin
Electrum-LTC for Litecoin
Electron Cash for Bitcoin Cash
MyEtherWallet for Ethereum



[1] https://blog.coinbase.com/coinbase-is-not-a-wallet-b5b9293ca0e7
true
coinbase is only an exchange where to buy cryptocurrencies
you get your coins and they are stored on a wallet that you don't own, so it is best to store the coins in a wallet that you own and you are the only who knows the private key

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April 08, 2018, 11:20:31 PM
 #11

When I was newbie, I used Coinbase as my main wallet. But now I'm using Coinbase just to receive payments from faucets. I think Coinbase aren't bad service to receive and send lot of small transactions. But it's not recommend to use it as your main wallet because you don't have full control of your coins there. When I collect bigger amounts of money I always send it from Coinbase to my hardware wallet.
I would advice to to buy hardware wallet like Trezor or Ledger Nano S. Currently I use Nano S and I'm satisfied with it. For ETH and tokens I'm using MyEther wallet. And on mobile I have Coinomi wallet app which supports many currencies.

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April 09, 2018, 02:15:34 AM
 #12

I am not using any wallet for keeping my bitcoins. My holdings are scattered over different exchanges so as to increase the security.

Really not a good idea. You're taking unnecessary risks here. Sure, the likeliness of an exchange locking up your account or getting hacked in general isn't too high, but storing your funds on multiple exchanges increases the chance of you losing some of your funds. Purchase a hardware wallet; I can't stress this enough.

danielkruchin
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April 09, 2018, 02:39:36 AM
 #13

I am using My Ether Wallet as well, very satisfied so far! Very straightforward wallet.
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April 09, 2018, 03:38:12 AM
 #14

I recommend a safe hardware portfolio: TREZOR which always have the size of a key ring.
Or Ledger Nano S which have have the size of flash drive.
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April 09, 2018, 04:49:16 AM
 #15

If you're holding anything significant, its best to have a hardware wallet or at least a Desktop wallet (that's hopefully secure as well).
GoldenView
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July 07, 2018, 04:15:33 PM
 #16

I recommend a safe hardware portfolio: TREZOR which always have the size of a key ring.

Which altcoin support on TREZOR? And I knew from google that TREZOR is a Hardware wallet. So Has it any software wallet? If, please recommened.

I'm currently using MyEtherWallet for ERC-20 tokens, NEON wallet for NEP5 tokens and Electrum for BTC.

I am using My Ether Wallet as well, very satisfied so far! Very straightforward wallet.

I am also using MyEtherWallet. But its support ERC20 token only.

I need which wallet support most trustfull currency

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Kgdktac
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July 07, 2018, 04:29:21 PM
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Using myetherwallet for tokens that supports ERC-20, luno for bitcoin, waves wallet for tokens that is based on waves platform

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July 07, 2018, 09:05:55 PM
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I'm using blockchain because blockchain is the world famous bitcoin site and full protect.
There are give us 100% guaranty on my BTC. my BTC is safe and secure with there.
blockchain will fulfil all of our obligations to there customers.
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July 07, 2018, 09:33:10 PM
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see so many people storing coins on cex like coinsmarkets never existed) whats going on

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July 07, 2018, 09:52:56 PM
 #20

Ledger and MEW.
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