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Author Topic: Which is the best online wallet for bitcoin?  (Read 423 times)
ad56smith
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November 11, 2018, 07:17:03 PM
 #1

Hey!
I'm new and i wanted to know which is the best online wallet for bitcoin that is secure and take less fee

Thanks
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OmegaStarScream
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November 11, 2018, 07:25:33 PM
Merited by suchmoon (4)
 #2

Forget about online wallets and exchanges, these are not safe to use and they are always targeted for hacks and there is also a possibility of having your account closed/banned. Go with a desktop wallet like Electrum where you have full control over your funds/private keys.

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November 11, 2018, 08:12:05 PM
 #3

I fully agree with OmegaStarScream.

Online wallets should always be avoided. Using a web wallet for your coins is way less secure than any other form of wallet (desktop-/mobile-).

Using online wallets creates a way bigger attack surface than standard wallets.
In fact a lot of attacks do only work for web wallets (especially things like DNS spoofing) which can not be avoided as a regular (not-that-techy) user.

Do yourself a favor and use a real (proper) wallet.

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November 11, 2018, 08:58:15 PM
 #4

The only wallet I really can advice you use is the hardware wallet,and I stand to be corrected,but I think it's the safest..

It protects you and your coins from hacks as well as prying malwares that are used to infiltrate your system,cause a breakdown and provide the hacker with private information..

It thus protects you by storing all your informations offline..

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ovcijisir
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November 11, 2018, 09:05:52 PM
Merited by OgNasty (1)
 #5

I keep my private keys encrypted in txt file on thumb drive, but that is good only for cold storage.

Unfortunately I have bunch of altcoins too so I have most of my funds on exchanges so I don't have install bunch of wallets on my computer.

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November 11, 2018, 10:24:42 PM
 #6

i use electrum but also online wallet in localbitcoins
axel20
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November 11, 2018, 10:25:44 PM
 #7

As others have stated, be wary of online wallets.  I have a hard wallet and a mobile wallet.  Long term saving goes in the hard wallet.  Small amounts used for spending go in the mobile wallet.  You may do as you wish though.
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November 11, 2018, 10:37:41 PM
 #8

None! Don't use online wallets they are not safe. Someone mentioned Electrum, this is a good option if you only want to use bitcoin, if you also plan to use ETH, erc20 tokens or other altcoins HODLER is a good multiwallet option because unlike other multi wallets it is fully open source.
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November 12, 2018, 12:57:48 AM
 #9

There are bunch of wallets out there to choose from, but if you have time for a little research about the pros and cons of different type of wallets then do it now to lessen the risk involve in securing your crypto.

https://bitcointalk.org/index.php?topic=1631151.0

Click the link above, it will give you general knowledge about wallets.
Alluro
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November 12, 2018, 01:05:39 AM
 #10

I personally do not recommend online wallets for bitcoin. If you cant buy a hardware wallet, you can go with a desktop wallet like Electrum. But if you only want an online wallet, the Blockcahin wallet is a good one for you.
UsherClara
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November 12, 2018, 01:25:18 AM
 #11

No, you should not use online wallet, it is not safe. I suggest that you should choose hardware wallet instead, it is much safer than any online wallet.
ad56smith
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November 12, 2018, 10:11:27 AM
 #12

No, you should not use online wallet, it is not safe. I suggest that you should choose hardware wallet instead, it is much safer than any online wallet.

Thanks for this suggestion Smiley
Coinraptor
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November 12, 2018, 12:34:40 PM
 #13

As a newbie, I don't like to suggest you use an online wallet because this not safe for your security it can be hacked easily. Better you should use hardware wallets. If hardware wallet costly for you can use a desktop wallet which is electrum.

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November 12, 2018, 12:57:44 PM
 #14

As suggested, number choice as a wallet are the desktop wallets. As long as you have the seed / private key your funds are safe.

There are other choice as well --> https://bitcoin.org/en/choose-your-wallet

I see greenaddress users are also happy using that wallet.

Cruxer
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November 12, 2018, 03:12:14 PM
 #15

Hey!
I'm new and i wanted to know which is the best online wallet for bitcoin that is secure and take less fee
its hard to say which is best
https://blockchain.info/com is most known one, but people complained about security of it many times
https://bitcoineasywallet.com is very low fee, simple yet some people need more advanced functions that it doesnt have
bongbong2014
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November 13, 2018, 03:53:32 AM
 #16

Can you please tell me what is the best bitcoin for my phone? I heard about Monarch wallet is this good mobile for bitcoin?
jossiel
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November 13, 2018, 09:25:30 AM
 #17

Can you please tell me what is the best bitcoin for my phone? I heard about Monarch wallet is this good mobile for bitcoin?
What type of wallet is that? I never heard about this wallet. For mobile wallets there is coinomi[1], you can also use blockchain.com[2] mobile app and the most recommended electrum[3].

[1] https://www.coinomi.com/
[2] https://www.blockchain.com/wallet/android-app
[3] https://bitcoin.org/en/wallets/mobile/android/electrum/

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November 13, 2018, 09:30:08 AM
 #18

I don't like to suggest you use an online wallet because this is not safe for your security to be hacked easily. You better have to use a hardware wallet. If the hardware wallet is expensive, you can use an electrum desktop wallet.
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November 13, 2018, 10:52:58 AM
 #19

Electrum is considered one of the most secure bitcoin wallets available today, and that,s largely due to the encryption techniques it uses to secure your private keys. Without getting overly technical, the electrum seed provides essentially the same level of security as a bitcoin private key. However, Nano Ledger S Trezor Coinbase is the best online wallet for bitcoin.
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November 13, 2018, 08:26:45 PM
 #20

You can try Blockchain Wallet for bitcoin online wallet, but it's highly recommended for you to use offline wallet instead of online wallet, because it's more secure. For offline wallet the best option in my opinion is Electrum Wallet, it's easy to use and more secure, don't forget to keep your Bitcoin Private Keys.

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