Gregovkiz (OP)
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April 01, 2019, 03:47:00 AM |
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What is the best bitcoin wallet and easiest to use or iPhone?
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socks435
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April 01, 2019, 07:41:07 AM |
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Recommended wallet for IOS are BRD, EDGE and GreenAddress these 3 apple wallet gives you ability to backup private keys which much better than the other suggested wallet from bitcoin.org. # Bread wallet(BRD) is one of the top 3 wallet it supports other coins like bitcoin cash and ethereum and you can able to backup private keys. # Edge wallet is also good wallet for IOS highly secured with privacy and also support other altcoins and also able to backup master public keys that you can use for future recovery. # Green Address wallet is another wallet that support bitcoin only I already tested this wallet and I haven't experience any issue yet and you can make a wallet with seedphrase but you must save this seedphrase safe for future recovery.
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mk4
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April 01, 2019, 08:31:42 AM |
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The "best" and "easiest" wallet to use is subjective. I suggest testing a few wallets on your own, then decide for yourself. Look up: - BRD
- Mycelium
- Copay
- Edge wallet(custodial wallet)
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Curated Crypto Airdrop Database
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longbtcdev
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April 01, 2019, 10:09:45 AM |
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TopTort777
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April 01, 2019, 11:56:37 AM |
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Are you sure you want to hold bitcoins on the phone? Come on, this is not the safest device to keep your funds. It can easily be forgotten, stolen or broken.
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hugeblack
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April 01, 2019, 12:14:28 PM |
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I always used blockchain wallet in my phone and never had problems
Blockchain.info is a web wallet, and they offer a horrible service. I advise you to download greenaddress, I used it for a long time without problems as you can sync your computer and your mobile OS "Android & ISO." In addition to the above, they only support BTC and not some sh*tcoins
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mindrust
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April 07, 2019, 08:13:55 AM |
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I use Green Address on my Iphone. (known as Green Wallet too.) It supports segwit and has a clear UI. Also recommended by bitcoin.org. I had no problems with it. I don't recommend btc(dot)com or bitpay wallets. (do not use blockchain(dot)info too. Their security sucks)
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Mbitr
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April 07, 2019, 09:37:52 AM |
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Hi, I was looking too for a wallet for IOS on the iPhone, and since watching this thread I’ve downloaded Edge Wallet. It’s really easy to use and so far has worked without any problems. Hope this helps .
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bL4nkcode
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April 08, 2019, 12:02:54 AM |
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I'll recommend mobile wallets to store small amount of coins and should not be used as a cold wallet or for long term hold. Those wallets that was mentioned above has great reputations so I should recommend them too especially the rebrand of green address/wallet which is the blockstream green. Except for this ones below, also jaxx, coinomi, and mycelium coz the development of their IOS is app was left behind than its android app, (ios app version 1.11 while android is version 2.12 already) I don't recommend btc(dot)com or bitpay wallets. (do not use blockchain(dot)info too. Their security sucks)
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mindrust
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September 08, 2020, 04:32:43 PM |
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What if I buy Bitcoing with Coinbase and keep them in my Coinbase account. Is that also a wallet? Are my Bitoin fractions safe with Coinbase? I was browsing this tutorial and it's unclear for me if Coinbase provides me a wallet or I have to use an external Bitcoin wallet if I use them? Would appreciate your help. "Not your keys, not your coins." Unless coinbase gives you the control of your private keys (which I doubt), you better use another wallet instead. Yes you can use your coinbase account as a wallet but it is not recommended.
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bob123
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September 08, 2020, 05:19:48 PM |
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What if I buy Bitcoing with Coinbase and keep them in my Coinbase account. Is that also a wallet?
No. In that case, coinbase is in full control over the BTC and you can not send/use them at all. They give you the right to withdraw that amount of BTC. If they lose the coins or want to lock you out, they are free to do so. You will be left with nothing. Unless coinbase gives you the control of your private keys (which I doubt), you better use another wallet instead.
There is a coinbase wallet application which basically is a standard mobile wallet with less functionality.
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JeromeTash
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September 08, 2020, 08:58:44 PM |
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What if I buy Bitcoing with Coinbase and keep them in my Coinbase account. Is that also a wallet? Are my Bitoin fractions safe with Coinbase? I was browsing this tutorial and it's unclear for me if Coinbase provides me a wallet or I have to use an external Bitcoin wallet if I use them? Would appreciate your help. Be informed that Coinbase is a custodial wallet. They have control of your private keys and funds. In case something bad happens to coinbase like if they go offline or get shutdown, You won't have any private keys or back phrases to use to restore your addresses that have your money in another wallet like electrum. I would advise you that after buying your coins transfer them to addresses created from noncustodial wallets such as electrum ( https://electrum.org).
There is a coinbase wallet application which basically is a standard mobile wallet with less functionality.
Be advised that there are 2 coinbase apps 1. One where you can buy bitcoin is custodial - https://apps.apple.com/us/app/coinbase-buy-sell-bitcoin/id8864277302. The other where you can't buy bitcoins direct is noncustodial - https://apps.apple.com/us/app/coinbase-wallet/id1278383455 so you have to first create an account, back up your seed phrase and then transfer you bitcoins into it from the noncustodial app
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sheenshane
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September 08, 2020, 10:47:38 PM |
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What if I buy Bitcoing with Coinbase and keep them in my Coinbase account. Is that also a wallet? Are my Bitoin fractions safe with Coinbase? I was browsing this tutorial and it's unclear for me if Coinbase provides me a wallet or I have to use an external Bitcoin wallet if I use them? Would appreciate your help. So far as of now, I consider using the Coinbase wallet is safe if you will store for a short period of time, they had a good reputation and I think keeping for a while there isn't a problem. Probably just a couple of the days, but beyond on that, I will not consider as a safe. For long term purposes, a hardware wallet is the best option. The suggestion above was right, those are free wallet if you don't like to purchase a hardware wallet. I have found this list while searching on google, this might help you upon looking at the best IOS Bitcoin wallet app. Best Bitcoin Wallets for iOS (iPhone, iPad). Personally, I suggest the Coinomi app, it is easy to use, even though this isn't a full open-source Bitcoin wallet app but at least you have full control over your key.
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bob123
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September 09, 2020, 01:35:00 PM |
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As far as i am aware you do not have to create any account for the wallet application. Since i am not a customer of coinbase and neither use their mobile application, i can't say that for sure. But there is no reason an account would be required. I also don't get what you mean when saying one needs to transfer coins "into it from the noncustodial app" ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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o_e_l_e_o
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September 09, 2020, 03:04:59 PM |
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they had a good reputation and I think keeping for a while there isn't a problem. That's subjective. As far as I am concerned, Coinbase have a terrible reputation and I wouldn't trust them with a single one of my satoshis. Personally, I suggest the Coinomi app, it is easy to use, even though this isn't a full open-source Bitcoin wallet app but at least you have full control over your key. A closed source wallet is barely better than a custodial wallet. You have no idea what is in the code, and people have lost funds to malicious code and updates before. Coinomi wallet was found to be sending users' seed phrases to Google server to be spellchecked, all unencrypted. As far as i am aware you do not have to create any account for the wallet application. Since i am not a customer of coinbase and neither use their mobile application, i can't say that for sure. But there is no reason an account would be required. I also don't get what you mean when saying one needs to transfer coins "into it from the noncustodial app" ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Jerome is right. Although the Coinbase wallet is a standalone wallet, you still need to pick a username and register an account. I'm also sure he means that since it is a separate app, if you buy bitcoin on the Coinbase exchange app, you have to make a withdrawal transaction to transfer them in to the Coinbase wallet app.
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Karartma1
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September 09, 2020, 04:27:09 PM |
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I would rather stay away from both coinomi and coinbase altogether for the reasons expressed by o_e_l_e_o. I am very careful not to trust any 3rd party to hold/control/govern my keys. In the past I did my mistakes and that was enough. But, as they say, it was my learning by doing time. And I learnt a lot. Cold storage is the way.
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bob123
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September 10, 2020, 11:22:39 AM |
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Jerome is right. Although the Coinbase wallet is a standalone wallet, you still need to pick a username and register an account.
I wonder how people can use such wallets. That's ridiculous. I would rather stay away from both coinomi and coinbase altogether for the reasons expressed by o_e_l_e_o. I am very careful not to trust any 3rd party to hold/control/govern my keys.
With both, coinomi and coinbase wallet, you are in control of your private keys. Not a 3rd party. However, both of them should not be recommended at all.
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Karartma1
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September 12, 2020, 07:45:44 AM |
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Jerome is right. Although the Coinbase wallet is a standalone wallet, you still need to pick a username and register an account.
I wonder how people can use such wallets. That's ridiculous. I would rather stay away from both coinomi and coinbase altogether for the reasons expressed by o_e_l_e_o. I am very careful not to trust any 3rd party to hold/control/govern my keys.
With both, coinomi and coinbase wallet, you are in control of your private keys. Not a 3rd party. However, both of them should not be recommended at all. Thanks for claryfing but, still, as you said I would never recommend any those. We are talking about closed-source wallets and that's enough for me to keep away from them. I know that, for average users, they are good enough: that's not the case for seasoned bitcoiners.
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o_e_l_e_o
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September 12, 2020, 10:15:19 AM |
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Thanks for claryfing but, still, as you said I would never recommend any those. We are talking about closed-source wallets and that's enough for me to keep away from them. I know that, for average users, they are good enough: that's not the case for seasoned bitcoiners. I agree, but they really shouldn't be seen as "good enough" for anybody. People who recommend storing your bitcoin on web wallets and exchanges because they are "simple" or "easy to use" are missing the point, I think. The whole point of bitcoin is to "be your own bank" and not trust anonymous third parties. Recommending newbies to use these wallets is giving them the wrong impression of bitcoin right from the outset. It teaches them that it is just like fiat, that you let someone else store your money, that you simply log on to their servers and tell them what you would like to do with your money, that they can lock your accounts if they don't like what you are doing, and so on. It teaches them to give over all responsibility for the safety of their coins to someone else. It teaches them not to bother learning what seed phrases are, or how to store them. It teaches them bad habits which become difficult to break.
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