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Author Topic: Which wallet best for your currency store?  (Read 1109 times)
amonymous (OP)
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November 23, 2019, 06:50:56 AM
Merited by Tomcolor (2)
 #1

Here are 3 crypto wallets that are the best to me, but personally I can say that I use the coinbase wallet more because lot of opportunity in coinbase.

1. Coinbase:
Coinbase is one of the easiest ways to buy, sell, and hold cryptocurrencies, which earns it the first spot on this list. With Coinbase.
Coinbase currently supports now:
BTC, BCH, BAT, REP, ZRX, Link, DAI, DASH, EOS, ETH, ETC, LTC, XLM, XTZ, USDC, XRP, ZEC
You can store here your currency, as your like.
Secority: coinbase give you strong password with email verification.


3. Blockchain:
Blockchain is the technology that allows Bitcoin and other digital currencies to exist.
Blockchain wallet is similar to Coinbase in that it is an online wallet and you can buy and sell directly through the platform.
Secority: You can use strong password with email verification and two-factor authentication.


2. Trezor:
Trezor isn’t a full buying and selling platform like Coinbase. Instead, it is simply a place to store your Bitcoin with multiple currencies.
Trezor wallet accept computer, tablet or phone.
Security: you can use strong password with two-factor authentication.


welcome to share your opinions for everyone new members in the crypto world with increasing our knowledge.
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November 23, 2019, 07:12:23 AM
 #2

I personally like coinbase because of their offers and giveaways sometimes but when we are talking about wallets it doesn't stand a chance against wallets like coinomi or trust



coinomi is a all in one crypto wallet with over hundreds of altcoins in its package, one don't have to get separate wallets for coins like bnb, ripple, dash, etc

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November 23, 2019, 07:13:31 AM
 #3

Why do you even consider storing your assets in a custodial wallet like coinbase? It doesn't matter how strong their security is as they claim, you still do not have full ownership of that wallet.

"Not your keys, not your funds".

I would suggest that you only use it to buy/sell then transfer your funds to a non-custodial wallet like Trezor.

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November 23, 2019, 07:16:31 AM
 #4

Coinbase is not really a wallet,its just a custodial service so you are not having any control over your funds only coinbase have and there are lot of disadvantages of using coinbase for buying and selling cryptos even.

Blockchain.com wallet is better than coinbase but it is buggy wallet so you may lose your funds due to errs while transaction.
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November 23, 2019, 07:19:57 AM
 #5

Number one is a terrible advice, you can buy and sell cryptocurrencies on coinbase, but do not hold or store your coins on any exchange, not even coinbase. Didn't you hear of the Mt Gox hack, the Bitfinex hack etc, research properly so users aren't misled by your information.

Trezor wallet is the only advisable one on your list, it is a hardware wallet and can provide it's customers good security of their coins.

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November 23, 2019, 07:20:44 AM
 #6

I use Coinbase wallet because it is a hot wallet, but with many layers of security and simple usage, I find it very safe to store my cryptocurrency. In addition, I also use trust wallet because It is a mobile wallet, so it is very handy, linking multiple blockchains and supporting many coins and tokens, in addition to Trust Wallet deeply integrated with Binance DEX.

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November 23, 2019, 07:21:27 AM
 #7

Exodus wallet as a hot wallet for sending and receiving payments. I'm using it for the past two years and I never faced any issue.
Also, you control your private keys.

Ledger Nano S as a cold wallet for long term investment holds. As it is a hardware wallet, it is way much secure than other kinds of wallets.
Also, never purchase a hardware wallet from a third party site. Always make a purchase directly from their website.
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November 23, 2019, 08:18:39 AM
 #8

Coinbase gives users no access to their private keys that is why i hate using their wallet, it works like a online wallet with just username and password to login, if things go wrong its the end for all your funds
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November 23, 2019, 08:27:04 AM
 #9

I personally like coinbase because of their offers and giveaways sometimes but when we are talking about wallets it doesn't stand a chance against wallets like coinomi or trust



coinomi is a all in one crypto wallet with over hundreds of altcoins in its package, one don't have to get separate wallets for coins like bnb, ripple, dash, etc

Coinomi wallet is a million people because many who use it with just one application can store various coins and tokens and like people believe in Coinomi wallet because it is safe,
I myself like coinomi wallet until now.

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November 23, 2019, 08:34:49 AM
 #10

I use Trezor, for me it's the safest as it is act already as our private key. Though I still use myetherwallet in bounties and airdrop but for holding and investments it should be in Trezor. Those projects that seems to be more efficient in the future as they will have more demand by then.

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November 23, 2019, 09:05:29 AM
 #11

Why is coinbase in there? It doesn't make any sense to me given that it is a hosted wallet that has significantly less security compared to the rest (even blockchain.com) because of the fact that you don't even hold your own private keys.

Also, other web based wallets like blockchain.com may be convenient, but is still relatively insecure.

I'd suggest something like Ledger or Trezor any day. It can be just as convenient, but provides loads of security and peace of mind.
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November 23, 2019, 09:10:36 AM
 #12

You seem to have missed the MEW wallet. I have been using MEW for 2 years now and it's really good and hasn't had any problems with my wallet yet. MEWconnect is now available and it has a very high level of security and I still use it for free. It is too handy.

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November 23, 2019, 09:17:55 AM
 #13

Why is coinbase in there? It doesn't make any sense to me given that it is a hosted wallet that has significantly less security compared to the rest (even blockchain.com) because of the fact that you don't even hold your own private keys.

Also, other web based wallets like blockchain.com may be convenient, but is still relatively insecure.

I'd suggest something like Ledger or Trezor any day. It can be just as convenient, but provides loads of security and peace of mind.
why coinbase was there because it was his choice, that he said could be as a wallet and also for trading at the same time, in other words he liked the wallet of the exchange website. he could have used a wallet that could have his own private key stored but I think for him it was too complicated so that's why Trezor came in 3rd as his choice.

As for myself, I choose wallet ledger and bitcoin wallet desktop (basically the private key can be stored by us), the other reason is because I don't really trust the wallet on the exchange website.

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November 23, 2019, 09:38:12 AM
 #14

lets make good grouping. wallet which you hold private key and not.
coinbase is an exchange, it doesnt allow to hold private key, so it is less security
blockchain is cryptocurrency wallet supporting bitcoin, Bitcoin Cash, and Ethereum. you can hold your private key
Trezor is a hardware wallet, it can hold private key too.

 
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November 23, 2019, 09:55:53 AM
 #15

Here are 3 crypto wallets that are the best to me, but personally I can say that I use the coinbase wallet more because lot of opportunity in coinbase.

1. Coinbase:
Coinbase is one of the easiest ways to buy, sell, and hold cryptocurrencies, which earns it the first spot on this list. With Coinbase.


3. Blockchain:
Blockchain is the technology that allows Bitcoin and other digital currencies to exist.
Blockchain wallet is similar to Coinbase in that it is an online wallet and you can buy and sell directly through the platform.
Secority: You can use strong password with email verification and two-factor authentication.

2. Trezor:
Trezor isn’t a full buying and selling platform like Coinbase. Instead, it is simply a place to store your Bitcoin with multiple currencies.
Trezor wallet accept computer, tablet or phone.
Security: you can use strong password with two-factor authentication.
While there are other more powerful hardware wallets, we cannot assume 1 and 2 as the best. Not Blockchain's online wallet, but Lockbox can be in the better ones' list. However, I agree with you about Trezor, it is one of the best hardware wallets. As I understand, your knowledge is little about wallets. Look at this article if you like: https://coinswitch.co/news/top-10-cryptocurrency-wallets-to-look-forward-to-2019
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November 23, 2019, 10:04:14 AM
 #16

I personally like coinbase because of their offers and giveaways sometimes but when we are talking about wallets it doesn't stand a chance against wallets like coinomi or trust



coinomi is a all in one crypto wallet with over hundreds of altcoins in its package, one don't have to get separate wallets for coins like bnb, ripple, dash, etc
This wallet is better for me than coinbase , we all know that coinbase ask for kyc before you can use the wallet fully and that was a 3rd party wallet . Unlike coinomi that you have a copy of pass phrase that you can enter any time just dont forgey it if you dont want to experience problem . other than that you dont need to make  a kyc using that wallet.
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November 23, 2019, 10:07:33 AM
 #17

Blockchain wallet is the easiest and safest wallet in my personal experience, I have been using Blockchain wallet for more than 2 years and never faced any issue while using. I must say almost every wallet is safe and easy to use as long as you have access to the private keys. Always keep private keys of your wallet at a safe place and a place that you can access easily. I never recommend to keep cryptocurrencies on exchanges because exchanges can be hacked..
MyEtherWallet (MEW) is best for ERC-20 Tokens.


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November 23, 2019, 10:22:17 AM
 #18

I am still loyal to use a manual wallet without a third party because I only use ethereum wallet. besides that I keep a few coins in the market wallet but not in large nominal and the wallet market that I use is a market that has trust in my country.

Plus I haven't invested much lately. if I make an investment then I put my funds in a hardware wallet
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November 23, 2019, 10:22:24 AM
 #19

If it's just for storing cryptocurrencies, then any wallet would do. Heck, you can even find hundreds of web-based online wallets to store cryptocurrencies.
But when the security of the cryptocurrencies is also a factor, not many wallets fill in the list.
One way to ensure your wallet's security is to have access to its private keys. This means you are in full control of your cryptocurrencies.
Custodial services such as Coinbase and Coin.ph (popular around South East Asia) don't offer such features which means if somehow their platform would have problems, you'll have a hard time getting into your wallet.
Most hardware wallets nowadays offer access to your private keys such as Ledger Nano or the one that's already listed on OP, Trezor, so these are the best choice.

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November 23, 2019, 10:43:59 AM
 #20

I'm using Coinbase wallet in 2016 but due to the increasing numbers of ERC20 tokens and other Altcoins that's why now i'm already using different wallet  there was a handful numbers of multicoins wallet in the market now you can choose whats fit for you,
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