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Author Topic: To all of you newcomers. Those are the best and safest Crypto wallet  (Read 282 times)
hoaryal1 (OP)
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June 25, 2019, 11:12:42 AM
 #1

1: Ledger Nano
  


The most popular one and my personal favorite. Ledger nano.s, easily use your BTC, also very good if you planning to hold your coins for a very long time(HODL)
Very good if your coins get hacked/stolen and have very good customer service and security measures to avoid this situation from the first place

2: KeepKey




The simplest cryptocurrency hardware wallet. Backup and recovery both are available. Virus and malware etc. do not exist at all.
Multiple coins are supported such as Bitcoin, Ethereum, Litecoin, Dogecoin, Dash etc.
Very easy to use and maintain.

3: Trezor




This one is also very popular and very good. Trezor is also good to store BTC but also fit perfectly to other altcoins,
Very easy to use and maintenance is not required at all. Very lightweight and anti-hacking security is pre-installed.

4-Cool Wallet.


“The CoolWallet S is no ordinary hardware wallet. It’s a contemporary mobile solution that truly secures your crypto assets and empowers you, the investor. It stays safely in your pocket, giving you discreet access to your investment, on the go, wherever you are.
Thanks to the combination of both usability and the patented tamper-proof security, the CoolWallet S is the cold wallet of choice for many of the world’s crypto leaders “
From their sit.
This one is pretty cool because you can use him as to a credit card and he is very easy and comfortable. Recommended as an extra wallet.
Using the right wallet is important. Also, I would recommend you to know which and which is not banks are supporting crypto.

In addition, there are many cases of banks that suddenly deciding not to accept crypto.

For example, Last year, crypto mining company Israminers appealed to the court after Israel’s Bank Igud refused to take its business, claiming it is in violation of the bank’s terms of service. The bank froze their account and all the activities regarding it causing major losses to the company.
The bank lost eventually after lawsuits
So, I will add here a list of some of the banks you can work with

Source to the case


 List of friendly crypto banks

Good luck, keep the coin safe and comfy Smiley

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crairezx20
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June 25, 2019, 11:24:56 AM
 #2

Don't forget to add BitBox hardware wallet and ColdCard from coinkite.

Just found them listed on bitcoin.org and recommended by other users. They are both hardware wallet that can be used as an alternative for ledger nano s.
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June 25, 2019, 07:35:37 PM
 #3

I would definitely include electrum.org on that list.

Even if you have a trezor or ledger you will probably want to download Electrum soon. The wallet software of those hardwallets are very poor and do not allow to control your funds as Electrum does.

Electrum is very safe and works well with hardware wallet

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June 25, 2019, 10:49:59 PM
 #4

If you decided to list best hardware wallets, I think you must mention Ledger Nano X. It's newest wallet of Ledger which allows to install up to 100 coin apps at the same it. While Nano S allows to install very limited number of apps.
Even if you have a trezor or ledger you will probably want to download Electrum soon. The wallet software of those hardwallets are very poor and do not allow to control your funds as Electrum does.
Can you be more specific what's wrong with their software? I use it with Ledger Live and I'm happy with it in general. But yeah, using Electrum with hardware wallet can be a good alternative.

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June 26, 2019, 02:03:46 AM
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Even if you have a trezor or ledger you will probably want to download Electrum soon. The wallet software of those hardwallets are very poor and do not allow to control your funds as Electrum does.
Can you be more specific what's wrong with their software? I use it with Ledger Live and I'm happy with it in general. But yeah, using Electrum with hardware wallet can be a good alternative.

I don't think that there's necessarily something wrong with Ledger software, it's just that Electrum is quite more feature packed. Ledger doesn't support bech32 yet, whereas you can use bech32 addresses through Electrum.  Not sure about Trezor though.

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June 26, 2019, 02:41:20 PM
 #6

If you decided to list best hardware wallets, I think you must mention Ledger Nano X. It's newest wallet of Ledger which allows to install up to 100 coin apps at the same it. While Nano S allows to install very limited number of apps.
Even if you have a trezor or ledger you will probably want to download Electrum soon. The wallet software of those hardwallets are very poor and do not allow to control your funds as Electrum does.
Can you be more specific what's wrong with their software? I use it with Ledger Live and I'm happy with it in general. But yeah, using Electrum with hardware wallet can be a good alternative.

Electrum has far more features. Electrum allows you to control utxo , chosing the inputs that you will add to your transactions, reducing fees.
If you don't know what is it , take a look at this guide by LoyceV

https://bitcointalk.org/index.php?topic=2848987.0

You can make small consolidations in your transactions, for example

LTU_btc
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June 27, 2019, 10:35:09 PM
 #7

Electrum has far more features. Electrum allows you to control utxo , chosing the inputs that you will add to your transactions, reducing fees.
If you don't know what is it , take a look at this guide by LoyceV

https://bitcointalk.org/index.php?topic=2848987.0

You can make small consolidations in your transactions, for example
Oh, this is what you mean about full control of funds. You're probably right, Ledger Live have less features than Electrum, and as mjglqw said, not supporting bech32 is probably most annoying thing for me. So, it's good that we have choice and use Ledger with Electrum if needed. Single Electrum without hardware wallet usn't bad choice, but not safest.

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June 28, 2019, 12:35:27 AM
 #8

Oh, this is what you mean about full control of funds. You're probably right, Ledger Live have less features than Electrum, and as mjglqw said, not supporting bech32 is probably most annoying thing for me. So, it's good that we have choice and use Ledger with Electrum if needed. Single Electrum without hardware wallet usn't bad choice, but not safest.

Ledger love is a nice software, it's safe and clean interface... But I think it lacks features. I use it for some altcoins, but even in ethereum blockchain it's not enough, as we still need third party solutions for token management.

For BTC I use only Electrum for the reasons already mentioned

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June 28, 2019, 09:04:01 AM
 #9

... not supporting bech32 is probably most annoying thing for me.
This is likely to change soon. Since the v1.10.0 update of Ledger Live they now also support Native SegWit but only in what they call 'experimental stage'.
I personally, haven't tried it but I made a thread announcing the improvement a few days ago.
https://bitcointalk.org/index.php?topic=5156920.msg51547658#msg51547658

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