matej krkic
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August 01, 2018, 10:29:39 AM |
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Most secure of course is ledger wallet or some other hardwallet.
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pinoyden
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August 01, 2018, 01:19:33 PM |
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Most secure of course is ledger wallet or some other hardwallet.
hardware wallets do still have a risk . what if you drop them ? that may cause a shock or corruption to your data 's . you can also get a virus and other threats if you connect your hardware wallet online whenever you transafer files or data . so overall , I don't think that there is a secure wallet . not only on cryptos but also to other types or forms of storage (e.g banks , piggy banks , personal wallets ,etc ) . best way to do to minimize the risk of loosing it all , is to divide or diversify your cash/cryptos to different kind of wallets or much better if you can withdraw some of them and keep your own money with you .
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Giiootona
Newbie
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August 19, 2018, 12:59:27 PM |
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thank you for the information. this topic post is very helpful for me to add to the experience and to save my coin assets. because choosing a wallet carelessly risks the theft and loss of our coins.
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Koadharber
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August 19, 2018, 04:11:04 PM |
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Most secure of course is ledger wallet or some other hardwallet.
hardware wallets do still have a risk . what if you drop them ? that may cause a shock or corruption to your data 's . you can also get a virus and other threats if you connect your hardware wallet online whenever you transafer files or data . so overall , I don't think that there is a secure wallet . not only on cryptos but also to other types or forms of storage (e.g banks , piggy banks , personal wallets ,etc ) . best way to do to minimize the risk of loosing it all , is to divide or diversify your cash/cryptos to different kind of wallets or much better if you can withdraw some of them and keep your own money with you . Theres no completely safe or secure wallet which as you said but if we do base up on the level of the risk then Hardware would really have the least risk than on web-wallets or even on desktop ones. You can possibly drop it off but as a holder you wont really make that happen and instead since you do go for long term then most of the time it would really be stored on a safe place just be sure not to forget it after a long time.
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AdolfinWolf
Legendary
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August 19, 2018, 04:35:35 PM |
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Most secure of course is ledger wallet or some other hardwallet.
hardware wallets do still have a risk . what if you drop them ? that may cause a shock or corruption to your data 's . you can also get a virus and other threats if you connect your hardware wallet online whenever you transafer files or data . so overall , I don't think that there is a secure wallet . not only on cryptos but also to other types or forms of storage (e.g banks , piggy banks , personal wallets ,etc ) . best way to do to minimize the risk of loosing it all , is to divide or diversify your cash/cryptos to different kind of wallets or much better if you can withdraw some of them and keep your own money with you . Most if not all popular hardware wallet make use of backup phrases. Meaning that if you were to lose your Ledger/whatever, you can still recover your funds in another wallet/or on another device. See; https://support.ledgerwallet.com/hc/en-us/articles/360000609933-Lost-device-PIN-code-or-recovery-phraseAlso, you're talking about the ledger nano S being infected by a virus. Here is the Ledger Operations VP refuting that. https://www.reddit.com/r/ledgerwallet/comments/6i7mjk/is_it_safe_to_use_ledger_with_a_computer_that_im/Your private keys are safe, that's what the device is for (protecting you against malwares).
What the Nano S will not protect you against:
Malwares that change the addresses displayed in your browser: let's say you are buying stuff on the Web, the webshop displays address "1abcd" and in a split second, the malware changes it to "1zzzz". The idea is that you will then copy/paste the fake address and send funds to it
Validating transactions without double-checking: when signing a transaction, the Nano S will always ask you to double-check the receipient address; if that address has been modified on-the-fly and you don't double-check if what's displayed on the device's screen is really the address you are trying to send funds to, you will lose money
Note that the first case is more likely to happen than the second one right now (there are no known malwares that target transaction building right now) but both of them are valid scenarios and may become more frequent in the near future.
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jvdp
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August 20, 2018, 04:14:19 PM |
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If you want to use the wallet with the big security. Come on all the wallets are same to use it you missed to keep the fund safe with all the private key secured wallets. I do not know wallets completely secured even you do the mistake.
Common mistakes like private key sharing and phishing site access is the biggest problems to get scammed. Here are suggestion. Electrum, Multibit. Blockchain and Exodus.
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mocacinno
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https://merel.mobi => buy facemasks with BTC/LTC
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August 20, 2018, 07:59:30 PM |
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If you want to use the wallet with the big security. Come on all the wallets are same to use it you missed to keep the fund safe with all the private key secured wallets. I do not know wallets completely secured even you do the mistake.
Common mistakes like private key sharing and phishing site access is the biggest problems to get scammed. Here are suggestion. Electrum, Multibit. Blockchain and Exodus.
It's quite hard to understand your post to be honest, but about your suggestions: Electrum: sure... It's a desktop wallet and should be fine to store a limited amount of funds on a clean PC with a recent version of electrum, up to date os, firewall,.. Multibit: is no longer supported!!! Blockchain: is an online wallet, thus shouldn't be suggested as a safe wallet Exodus: never used this one myself, I have no idear whether it's safe or not
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leowonderful
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Bitcoin FTW!
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August 21, 2018, 02:20:52 AM |
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Blockchain shouldn't be considered for use beyond a hot wallet for daily purchases, and even then I would suggest against holding more than you can afford to lose on there. Earlier this year, my Blockchain wallet was cracked by hackers and all funds were drained, though I only used the wallet as a hot wallet and I transferred all my funds to a Ledger a few months prior, and my password wasn't the longest. Even if you have an extremely long password that you don't use on any other website, and you're browsing the site from a secure computer, do not use it as even medium-term storage. Even though it's not the most secure medium of storage, it's still okay if you're trying to scan QR codes from a monitor or a location on-the-go to use funds.
Electrum's fine to use as long as you take the right precautions to ensure security, such as using an airgapped, fresh computer.
Also, always remember to save your generated seed or private key securely, so you don't have one point of failure in case you lose your main storage device. I have heard of people using bank safe deposit boxes and home safes to save a backup, and this is absolutely a precaution you should take if you're storing a significant amount of funds. You are your own bank after all-never cut corners. It's always best to be too prepared than too little.
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Naster
Sr. Member
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Crypto Currency Exchange, IPTV, AWS
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August 21, 2018, 12:12:28 PM |
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Blockchain shouldn't be considered for use beyond a hot wallet for daily purchases, and even then I would suggest against holding more than you can afford to lose on there. Earlier this year, my Blockchain wallet was cracked by hackers and all funds were drained, though I only used the wallet as a hot wallet and I transferred all my funds to a Ledger a few months prior, and my password wasn't the longest. Even if you have an extremely long password that you don't use on any other website, and you're browsing the site from a secure computer, do not use it as even medium-term storage. Even though it's not the most secure medium of storage, it's still okay if you're trying to scan QR codes from a monitor or a location on-the-go to use funds.
Electrum's fine to use as long as you take the right precautions to ensure security, such as using an airgapped, fresh computer.
Also, always remember to save your generated seed or private key securely, so you don't have one point of failure in case you lose your main storage device. I have heard of people using bank safe deposit boxes and home safes to save a backup, and this is absolutely a precaution you should take if you're storing a significant amount of funds. You are your own bank after all-never cut corners. It's always best to be too prepared than too little.
I would stay away from Blockchain wallet. I have been using it few months back and I stopped after my balance on this wallet reached 10k$. I was not anymore able to send, but I could still receive. I tried many different browsers but it was exactly the same effect. I can't say if there was any technical issue or whatever, but very very strange that it happened once my balance there was over 10k. I think as hot wallet to do daily small transactions, its something we can use. And by the way, check their ToS, you will see that Blockchain is not anymore a place to trust.
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AdolfinWolf
Legendary
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August 21, 2018, 01:27:23 PM |
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Blockchain shouldn't be considered for use beyond a hot wallet for daily purchases, and even then I would suggest against holding more than you can afford to lose on there. Earlier this year, my Blockchain wallet was cracked by hackers and all funds were drained, though I only used the wallet as a hot wallet and I transferred all my funds to a Ledger a few months prior, and my password wasn't the longest. Even if you have an extremely long password that you don't use on any other website, and you're browsing the site from a secure computer, do not use it as even medium-term storage. Even though it's not the most secure medium of storage, it's still okay if you're trying to scan QR codes from a monitor or a location on-the-go to use funds.
Electrum's fine to use as long as you take the right precautions to ensure security, such as using an airgapped, fresh computer.
Also, always remember to save your generated seed or private key securely, so you don't have one point of failure in case you lose your main storage device. I have heard of people using bank safe deposit boxes and home safes to save a backup, and this is absolutely a precaution you should take if you're storing a significant amount of funds. You are your own bank after all-never cut corners. It's always best to be too prepared than too little.
I would stay away from Blockchain wallet. I have been using it few months back and I stopped after my balance on this wallet reached 10k$. I was not anymore able to send, but I could still receive. I tried many different browsers but it was exactly the same effect. I can't say if there was any technical issue or whatever, but very very strange that it happened once my balance there was over 10k. I think as hot wallet to do daily small transactions, its something we can use. And by the way, check their ToS, you will see that Blockchain is not anymore a place to trust. What happend to your money? Were you able to export out your keys or is your money still stuck in your wallet? I haven't heard of this before. If you want to use the wallet with the big security. Come on all the wallets are same to use it you missed to keep the fund safe with all the private key secured wallets. I do not know wallets completely secured even you do the mistake.
Common mistakes like private key sharing and phishing site access is the biggest problems to get scammed. Here are suggestion. Electrum, Multibit. Blockchain and Exodus.
I think the biggest "mistake" is that people run their wallets on unsecured devices, which are either infected with clipboard malware/keyloggers. I'd associate phishing with exchanges such as binance, not really wallets.
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shield132
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August 21, 2018, 10:08:57 PM |
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If you want to use the wallet with the big security. Come on all the wallets are same to use it you missed to keep the fund safe with all the private key secured wallets. I do not know wallets completely secured even you do the mistake.
Common mistakes like private key sharing and phishing site access is the biggest problems to get scammed. Here are suggestion. Electrum, Multibit. Blockchain and Exodus.
It's quite hard to understand your post to be honest, but about your suggestions: Electrum: sure... It's a desktop wallet and should be fine to store a limited amount of funds on a clean PC with a recent version of electrum, up to date os, firewall,.. Multibit: is no longer supported!!! Blockchain: is an online wallet, thus shouldn't be suggested as a safe wallet Exodus: never used this one myself, I have no idear whether it's safe or not Agreed, especially on blockchain.info or call it blockchain.com as for now. Some years ago I created wallet here, it was working fine for one week, then when I tried to login, I was receiving mails without problem but even after mail link verificatoin, I was unable to log in. I have no idea why did it happen but I know one man from btctalk who had same problem (My second wallet works pretty well). I think everyone has to consider this fact.
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jvdp
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August 22, 2018, 04:23:31 PM |
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If you want to use the wallet with the big security. Come on all the wallets are same to use it you missed to keep the fund safe with all the private key secured wallets. I do not know wallets completely secured even you do the mistake.
Common mistakes like private key sharing and phishing site access is the biggest problems to get scammed. Here are suggestion. Electrum, Multibit. Blockchain and Exodus.
It's quite hard to understand your post to be honest, but about your suggestions: Electrum: sure... It's a desktop wallet and should be fine to store a limited amount of funds on a clean PC with a recent version of electrum, up to date os, firewall,.. Multibit: is no longer supported!!! Blockchain: is an online wallet, thus shouldn't be suggested as a safe wallet Exodus: never used this one myself, I have no idear whether it's safe or not Agreed, especially on blockchain.info or call it blockchain.com as for now. Some years ago I created wallet here, it was working fine for one week, then when I tried to login, I was receiving mails without problem but even after mail link verificatoin, I was unable to log in. I have no idea why did it happen but I know one man from btctalk who had same problem (My second wallet works pretty well). I think everyone has to consider this fact. If you find any mistake you report to the wallet support team. If you find the btctalk admin of the wallet you will find the way to report them here bud. So search that first or contact them on to get assistance. I am sorry for saying the Multibit in suggestion list little forgot about their current status. Others still believe worth to have the fund.
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Naster
Sr. Member
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Crypto Currency Exchange, IPTV, AWS
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August 22, 2018, 07:03:52 PM |
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Blockchain shouldn't be considered for use beyond a hot wallet for daily purchases, and even then I would suggest against holding more than you can afford to lose on there. Earlier this year, my Blockchain wallet was cracked by hackers and all funds were drained, though I only used the wallet as a hot wallet and I transferred all my funds to a Ledger a few months prior, and my password wasn't the longest. Even if you have an extremely long password that you don't use on any other website, and you're browsing the site from a secure computer, do not use it as even medium-term storage. Even though it's not the most secure medium of storage, it's still okay if you're trying to scan QR codes from a monitor or a location on-the-go to use funds.
Electrum's fine to use as long as you take the right precautions to ensure security, such as using an airgapped, fresh computer.
Also, always remember to save your generated seed or private key securely, so you don't have one point of failure in case you lose your main storage device. I have heard of people using bank safe deposit boxes and home safes to save a backup, and this is absolutely a precaution you should take if you're storing a significant amount of funds. You are your own bank after all-never cut corners. It's always best to be too prepared than too little.
I would stay away from Blockchain wallet. I have been using it few months back and I stopped after my balance on this wallet reached 10k$. I was not anymore able to send, but I could still receive. I tried many different browsers but it was exactly the same effect. I can't say if there was any technical issue or whatever, but very very strange that it happened once my balance there was over 10k. I think as hot wallet to do daily small transactions, its something we can use. And by the way, check their ToS, you will see that Blockchain is not anymore a place to trust. What happend to your money? Were you able to export out your keys or is your money still stuck in your wallet? I haven't heard of this before. If you want to use the wallet with the big security. Come on all the wallets are same to use it you missed to keep the fund safe with all the private key secured wallets. I do not know wallets completely secured even you do the mistake.
Common mistakes like private key sharing and phishing site access is the biggest problems to get scammed. Here are suggestion. Electrum, Multibit. Blockchain and Exodus.
I think the biggest "mistake" is that people run their wallets on unsecured devices, which are either infected with clipboard malware/keyloggers. I'd associate phishing with exchanges such as binance, not really wallets. I activated 2FA and was able to withdraw. I'm done with this wallet for now.
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solarion
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August 24, 2018, 02:41:59 PM |
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I do not know what wallet to use mate. I am using block chain wallet to receive my campaign earnings and at the same time. I go with the binance and livecoin exchange wallets also to trade and save some funds buddy. Can I have been wallet for all the day usage because I don't have huge funds over there.
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carlfebz2
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August 24, 2018, 08:22:18 PM |
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I do not know what wallet to use mate. I am using block chain wallet to receive my campaign earnings and at the same time. I go with the binance and livecoin exchange wallets also to trade and save some funds buddy. Can I have been wallet for all the day usage because I don't have huge funds over there.
Quite surprised for a Hero member doesn't have much idea on which wallet is the best when it comes on storing a huge earnings but we do actually have the same routine which I do have some funds on exchange but literally on small amounts of tokens which are good only for making trading but the rest or the main funds will be stored up with Hardware ones which is really solely intend to be kept for long term and the rest would be good for shorting so I don't really bother much.
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