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Author Topic: Best online wallet for privacy  (Read 318 times)
hutchdavidson (OP)
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September 12, 2019, 07:13:08 PM
 #1

I need an online wallet where they arent getting in my business, wanting to know where my money comes from, and just leaves me alone. Which wallet? Thanks
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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September 12, 2019, 07:18:02 PM
 #2

I need an online wallet where they arent getting in my business, wanting to know where my money comes from, and just leaves me alone. Which wallet? Thanks

Wallet for what? Bitcoin?

There is NO bitcoin online wallet for privacy...

Why would you ever use 'online' wallet anyway?

Learn more about wallets here, and use Electrum as starting point:
https://bitcoin.org/en/choose-your-wallet

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odolvlobo
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September 12, 2019, 07:57:33 PM
 #3

No online wallet can provide you with that level of privacy because they must handle your transactions. Probably, the most private would be blockchain.com because they don't know the keys and you don't have to give them with identifying information.

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September 12, 2019, 08:05:32 PM
 #4

I need an online wallet where they arent getting in my business, wanting to know where my money comes from, and just leaves me alone. Which wallet? Thanks

Storage purposes? Then disregard any online wallet (exchange wallet, web wallet) but instead consider desktop or hardware wallets. Take note that for selling, you need to transfer it on exchange wallet or via P2P.

If using exchange services e.g buy, sell, cashout, etc. no way they will just leave you alone once they see unusual activity on your account. If you think your business is legit, the money is "clean", then no worries using them.

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September 12, 2019, 08:09:32 PM
Merited by bitmover (1)
 #5

If you care about privacy why not make a wallet with Desktop wallets like Electrum or Wasabi for lightweight wallet and Bitcoin core for a full node wallet or make a paper wallet instead.

Or you mean a Payment processor?

The best option for this is Self-hosted like BTCpayserver I'm using this as another payment gateway to accept bitcoin.

Let me know if what exactly you are looking for? Because there is no online wallet for privacy just like the above said.

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September 12, 2019, 08:35:52 PM
Merited by xSkylarx (1), bitmover (1)
 #6

Wasabi wallet isn't too bad if you care about privacy, but it's not an online wallet.

https://wasabiwallet.io/

Don't use online wallets, and definitely stay away from custodial wallets if you care at all about privacy.

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September 12, 2019, 08:50:01 PM
 #7

I need an online wallet where they arent getting in my business, wanting to know where my money comes from, and just leaves me alone. Which wallet? Thanks

So far it's online, consider it not really safe. Nothing online is 100% safe, hackers are always up and active.
It's best you look for an offline (desktop wallet) as others have stated/suggested. Just ensure your pc is clean from any virus.
Be sure to also kill the urge of constantly logging in to check the price of Bitcoin.
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September 12, 2019, 09:07:53 PM
 #8

I need an online wallet where they arent getting in my business, wanting to know where my money comes from, and just leaves me alone. Which wallet? Thanks

Wallet for what? Bitcoin?

There is NO bitcoin online wallet for privacy...

Why would you ever use 'online' wallet anyway?

Learn more about wallets here, and use Electrum as starting point:
https://bitcoin.org/en/choose-your-wallet

I definitely agree with you. Bitcoin.org's new wallet wizard help you completely. You can pick all features which you want. And you can see the compatible wallet with your choice.

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September 12, 2019, 10:06:57 PM
 #9

The simplest wallet to use online without any infringement on your privacy would be blockchain wallet. The security features on this wallet is really cool to protect you from any external attacks that may harm your funds. There are equally great ones available for free download but blockchain wallet really stands tall among them all.
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September 12, 2019, 10:22:42 PM
 #10

I need an online wallet where they arent getting in my business, wanting to know where my money comes from, and just leaves me alone. Which wallet? Thanks

Maybe you don't need an online wallet, you are just confused about its concept.

An online wallet is like an email, you can access with a  login/password and you could be easily hacked. Additionally, the custodial service may have access to your funds.

That's not what you need, especially to run a business.


If you care about privacy why not make a wallet with Desktop wallets like Electrum or Wasabi for lightweight wallet and Bitcoin core for a full node wallet or make a paper wallet instead.

Or you mean a Payment processor?

The best option for this is Self-hosted like BTCpayserver I'm using this as another payment gateway to accept bitcoin.

I guess you are right, he needs a payment processor.
 https://btcpayserver.org/ is a good option.

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September 12, 2019, 11:31:49 PM
 #11

Online wallet are not very safe they can easily fall into the hands of hackers and I don't think that there is any wallet that offers what you are looking for because all transactions are visible on the blockchain.

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September 13, 2019, 03:07:04 AM
 #12

If you really want something that's more "private", online wallets aren't the way to go. I'm not sure if they do, but online wallets may have trackers that could take some of your data through your web browser. Go for reputable non-custodial software wallets like Wasabi[1] or Samourai[2] instead. They have their own features that makes your transaction more private.


[1] https://wasabiwallet.io/
[2] https://samouraiwallet.com/

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September 13, 2019, 06:02:54 AM
 #13

a btc software wallet like those of electrum will help you manage your BTC assets without worry. if you are afraid to be track by someone you need to learn how to use a bitcoin mixer.
even though your btc comes from legal source you still need to get the most secure way to store them because there might also some malicious people that also live in your country who wants to get your bitcoin. there are numerous cases about where bitcoin holder getting tortured to get their bitcoins.

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September 13, 2019, 08:06:31 AM
 #14

As you are looking for a wallet for business I suggest you to try Bitpay it is build on copay which can help you with the payment related setting also have read that it is desktop compatible and mobile compatible.

You can do it other way that you can use your wallet and integrate it with a payment service

Note: Please read the reviews of Bitpay before you use it. I have heard about it and personally not used so, with suggest to go through the reviews.
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September 13, 2019, 08:51:29 AM
 #15

As you are looking for a wallet for business I suggest you to try Bitpay it is build on copay which can help you with the payment related setting also have read that it is desktop compatible and mobile compatible.

You can do it other way that you can use your wallet and integrate it with a payment service

Note: Please read the reviews of Bitpay before you use it. I have heard about it and personally not used so, with suggest to go through the reviews.

I don't think OP meant getting into his business literally, but anyway since you've mentioned it, screw BitPay. If someone's planning to receive bitcoin payments for their business, go with BTCPay. BitPay is just so bad that I don't even know why businesses still use it. All those huge fees and they don't even display addresses.

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September 13, 2019, 11:37:21 AM
 #16

No online wallet can provide you with that level of privacy because they must handle your transactions. Probably, the most private would be blockchain.com because they don't know the keys and you don't have to give them with identifying information.

I agree with you, it is unlikely that many wallets can maintain the privacy of transactions
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September 13, 2019, 11:56:54 AM
 #17

I need an online wallet where they arent getting in my business, wanting to know where my money comes from, and just leaves me alone. Which wallet? Thanks

Wallet for what? Bitcoin?

There is NO bitcoin online wallet for privacy...

Why would you ever use 'online' wallet anyway?

Learn more about wallets here, and use Electrum as starting point:
https://bitcoin.org/en/choose-your-wallet

People with little crypto experience do not understand that online wallets have no privacy. But in turn, different online wallets make good advertising to attract users. I think it is a reason why so many people ask for advice on which wallet to choose
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September 13, 2019, 12:08:43 PM
 #18

People with little crypto experience do not understand that online wallets have no privacy. But in turn, different online wallets make good advertising to attract users. I think it is a reason why so many people ask for advice on which wallet to choose

It's not like none of the online wallets have no security, but a few ones are good. And I don't remember where I said this, but it's your awareness and IQ based on which you get scammed or not (except for cases where any hacks take place). But you can also save yourselves from any hacks or malware with a little more "awareness" I talked about. Like for eg.; my experience with Electrum had been the best and will always be because I know whom should I trust here - their official website. There were issues with their wallet with version 3.3.3 or older that when I opened the wallet once, it asked me to download the latest update but it was a malicious attack. It was my choice to close the wallet immediately and not follow the given instructions in that pop up. After that, I just visited the official website, saw the header that said that versions older than 3.3.4 are vulnerable to phishing attacks. You really need to work with awakened eyes here if you're serious about your money. @OP, I guess you got your answer from my end - Electrum.

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September 13, 2019, 12:12:01 PM
 #19

AFAIK, there is no online wallet that gives privacy, based on my experience, to ensure that my transaction will not be trace, I mix the BTC from my online wallet, I'm using chipmixer most of the time but it's not gonna be free as there's a transaction charge everytime you mix.

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September 13, 2019, 12:51:46 PM
 #20

AFAIK, there is no online wallet that gives privacy, based on my experience, to ensure that my transaction will not be trace, I mix the BTC from my online wallet, I'm using chipmixer most of the time but it's not gonna be free as there's a transaction charge everytime you mix.
^ Definitely right, web/online wallet is not safe if you care about privacy. There are too many crypto enthusiasts avoiding blockchain.info wallet because this is not allowing you to hold your private key but I still using on it if the amounts are not big. If you wanted not to hold for a long run and for business purposes you can choose web wallet but if not better to choose a hardware wallet. https://electrum.org/#download is for free to use.
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