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Author Topic: Which BTC wallet to use?  (Read 1699 times)
Yacov
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May 01, 2018, 09:30:55 AM
 #1

Greetings,
Do you guys know what is the best wallet for bitcoin? I've never had a crypto-wallet yet. I have a bank account, though. In banks, cash remittance is unlimited and pretty fast, but service fee is pretty high. Is there a wallet with fast cash remittance and minimum service fee for remittance?
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May 01, 2018, 09:37:44 AM
 #2

Greetings,
Do you guys know what is the best wallet for bitcoin? I've never had a crypto-wallet yet. I have a bank account, though. In banks, cash remittance is unlimited and pretty fast, but service fee is pretty high. Is there a wallet with fast cash remittance and minimum service fee for remittance?
If that is the case, I suggest coinbase to you. It supports bank transfers in many country(and supports transfer via credit card as well). Assuming that you live in US, Europe, UK, Australia, Singapore or Canada, you should refer to this website for payment methods. If not then you should look(on google) for other wallets that supports conversion to and from your local fiat currency.

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May 01, 2018, 09:37:55 AM
 #3

, I think one needs to look for the following things when selecting a reliable Bitcoin wallet, irrespective of whether it is a software or a hardware wallet:

Control private keys – A wallet where you own and control your keys.
Backup & security features – Seed backup keys and pin codes.
Developer community – Active development community for maintenance.
Ease of use – Elegant UI for fast and easy use.
Compatibility – Compatible on different operating systems.
Now that you know what to look for in a Bitcoin wallet, let’s check out the top 5 best Bitcoin wallets.
To read more: https://www.google.com/amp/s/coinsutra.com/best-bitcoin-wallets/amp/
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May 01, 2018, 09:39:44 AM
 #4

What exactly are you trying to achieve here? If you're simply looking for a wallet to hold your funds, then Go with Electrum. The fees are lower compared to banks, and not related to the amount being transacted but with the size of the transaction. I wouldn't suggest using anything that doesn't give you control of your private keys (exchanges/ online wallet providers).


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May 01, 2018, 09:48:40 AM
 #5

Hardware wallets: Ledger or Trezor is the best for bitcoin storage. I know it may be expensive for newcomers but everybody must own at least one hardware wallet soon or later. You can keep your altcoins in the exchanges if the amount is low. Because some altcoin wallets need technical knowledge, if not your pc may be unsecure than exchanges.

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May 01, 2018, 10:05:01 AM
 #6

Greetings,
Do you guys know what is the best wallet for bitcoin? I've never had a crypto-wallet yet. I have a bank account, though. In banks, cash remittance is unlimited and pretty fast, but service fee is pretty high. Is there a wallet with fast cash remittance and minimum service fee for remittance?

There is no wallet for Bitcoin with features like remittance in cash. If you r are looking for something like this, you should find a service supporting such features. Only blockchain projects I know that can help you with that are Everex and Nexo, but I haven't used them yet and don't know if remittances are already available for users.

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May 01, 2018, 10:06:55 AM
 #7

What exactly are you trying to achieve here? If you're simply looking for a wallet to hold your funds, then Go with Electrum. The fees are lower compared to banks, and not related to the amount being transacted but with the size of the transaction. I wouldn't suggest using anything that doesn't give you control of your private keys (exchanges/ online wallet providers).

For example, I have 1 bitcoin and I need to sent 0,2 to 5 different persons with 5 different wallets, is it possible? Is there a crypto-wallet allowing you to transfer you bitcoins to another person's wallet?

I need a wallet to store and transfer BTC, is there any?.

Thank you all for your answers, I'm really confused.
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May 01, 2018, 10:39:23 AM
 #8

What exactly are you trying to achieve here? If you're simply looking for a wallet to hold your funds, then Go with Electrum. The fees are lower compared to banks, and not related to the amount being transacted but with the size of the transaction. I wouldn't suggest using anything that doesn't give you control of your private keys (exchanges/ online wallet providers).

For example, I have 1 bitcoin and I need to sent 0,2 to 5 different persons with 5 different wallets, is it possible? Is there a crypto-wallet allowing you to transfer you bitcoins to another person's wallet?

I need a wallet to store and transfer BTC, is there any?.

Thank you all for your answers, I'm really confused.
If that's the case, you should have separate Bitcoin wallet, the first one should be a hot wallet where you always use your Bitcoin to transact or buy and sell your Bitcoin, it can be an exchange like coinbase or any services that lets you sell your Bitcoin. The other wallet should act as a cold wallet, this is where you store all of your Bitcoin long term investments and you should have the access to your private key, the best option to store your Bitcoin is to use a hardware or paper wallet, especially if you are going to invest huge amount of money. Btw electrum wallet lets you send Bitcoin on multiple address.
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May 01, 2018, 01:23:24 PM
 #9

Essentially, in a Bitcoin transaction, the fee amount is main reason for increasing/decreasing speed of transaction time (confirmation time) not a wallet and also the fee is dependent to the transactions volume in Bitcoin network at the determined time, but, the wallet can has the option of choosing the fee automatically based on the Bitcoin network traffic.
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May 01, 2018, 02:38:14 PM
 #10

Greetings,
Do you guys know what is the best wallet for bitcoin? I've never had a crypto-wallet yet. I have a bank account, though. In banks, cash remittance is unlimited and pretty fast, but service fee is pretty high. Is there a wallet with fast cash remittance and minimum service fee for remittance?


That depends on the purpose . If you are using it with your  bank accounts and have the ambition of withdrawing it side by side than you can use wallets that uses credit or debit cards and you can also use the wallets that are associated with the local exchanges . In which ever country you live, their must be some local exchange wallet that deal with the transfer of bitcoin into your bank account . I suggest you to find that out or you can simply go with coinbase.

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May 01, 2018, 02:50:42 PM
 #11

Greetings,
Do you guys know what is the best wallet for bitcoin? I've never had a crypto-wallet yet. I have a bank account, though. In banks, cash remittance is unlimited and pretty fast, but service fee is pretty high. Is there a wallet with fast cash remittance and minimum service fee for remittance?
This guide will help you to find the best Bitcoin wallet for YOU!
Hint:
There's no "one size fits all" Bitcoin wallet. Wallets come on different platforms with different features.

If you want the best possible wallet, keep reading...https://www.buybitcoinworldwide.com/wallets/

for me i use a lot of wallets and what i invested is nano ledger, you can set your own transaction fees on it andnit also holds altcoins.

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May 01, 2018, 02:54:09 PM
 #12

Hardware wallets: Ledger or Trezor is the best for bitcoin storage. I know it may be expensive for newcomers but everybody must own at least one hardware wallet soon or later. You can keep your altcoins in the exchanges if the amount is low. Because some altcoin wallets need technical knowledge, if not your pc may be unsecure than exchanges.
Definitely, they also support a varying amount of Altcoins so look into which one supports which in case you hold altcoins as well.














 

 

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May 01, 2018, 04:12:03 PM
 #13

Greetings,
Do you guys know what is the best wallet for bitcoin? I've never had a crypto-wallet yet. I have a bank account, though. In banks, cash remittance is unlimited and pretty fast, but service fee is pretty high. Is there a wallet with fast cash remittance and minimum service fee for remittance?

For me i use coins.ph because it's very suitable for my country too , and it's been trusted and used by many filipinos , so i have no doubt in coins , but then again there are lot's of wallet though such as the bitcoinwallet , and blockchain , these wallet is trusted and safe.

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May 01, 2018, 04:16:00 PM
 #14

Make used of blockchain.info wallet, and is well protected in Blockchain technology, and the password can be changed and at any point in time for a security reason.

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May 02, 2018, 02:22:20 PM
 #15

Greetings,
Do you guys know what is the best wallet for bitcoin? I've never had a crypto-wallet yet. I have a bank account, though. In banks, cash remittance is unlimited and pretty fast, but service fee is pretty high. Is there a wallet with fast cash remittance and minimum service fee for remittance?

For me i use coins.ph because it's very suitable for my country too , and it's been trusted and used by many filipinos , so i have no doubt in coins , but then again there are lot's of wallet though such as the bitcoinwallet , and blockchain , these wallet is trusted and safe.

If you're from the Philippines, the best wallet to use is Coins.ph. It is trusted by over 4 million of Filipinos stated by the Coins.ph. What can you do with coins.ph? You can pay bills, buy load, buy bitcoins and send money even without a bank account.

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May 02, 2018, 02:32:24 PM
 #16

What exactly are you trying to achieve here? If you're simply looking for a wallet to hold your funds, then Go with Electrum. The fees are lower compared to banks, and not related to the amount being transacted but with the size of the transaction. I wouldn't suggest using anything that doesn't give you control of your private keys (exchanges/ online wallet providers).

For example, I have 1 bitcoin and I need to sent 0,2 to 5 different persons with 5 different wallets, is it possible? Is there a crypto-wallet allowing you to transfer you bitcoins to another person's wallet?

I need a wallet to store and transfer BTC, is there any?.

Thank you all for your answers, I'm really confused.

for my personal wallet for bitcoin I keep in exchange wallets,
whereas for real storage I store in the base of the coin because it
makes it easy to transact and change the currency we want,
and possibly for his future will gradually use the ledger nano

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May 02, 2018, 02:51:47 PM
 #17

You can use lite wallets like electrum or exodus if you  would like to use for transactions very often
If you wish to hold small qty,any reputed wallet should be ok ,but not advised
If you wish to buy bitcoin and hold for long term,use hardware wallets like Trezor or Ledger nano S

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cosmo1
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May 02, 2018, 02:59:39 PM
 #18

Greetings,
Do you guys know what is the best wallet for bitcoin? I've never had a crypto-wallet yet. I have a bank account, though. In banks, cash remittance is unlimited and pretty fast, but service fee is pretty high. Is there a wallet with fast cash remittance and minimum service fee for remittance?
Software Wallets:-
1)Electrum
2)Blockchain

Hardware Wallets:-
1)Ledger
2)Trezor
jhayryl
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May 02, 2018, 03:00:50 PM
 #19

I know what to do when you use it because btc has many types like erc20 it can be in the coin ph and my ether wallet you should keep in mind where you use it Because your wallet can be damaged if you do not know what is right when using it.
heokonit
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May 02, 2018, 03:01:07 PM
 #20

if you have more bitcoin.  You should buy a wallet to store your bitcoin.  Besides there are also some online wallets as well as coinbase.  You can buy bitcoin through your bank account
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