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Author Topic: Which is best wallet for using and store the bitcoin?  (Read 383 times)
Coin_trader
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December 05, 2020, 05:07:43 PM
Last edit: September 20, 2023, 04:23:32 PM by Coin_trader
 #21

I'm currently not using any of the above-mentioned wallets.
The wallet that I am using not is MyCelium, my experience here is great, I highly recommend this wallet aside from those other trusted wallet that are mentioned here.
It's also good for me because i have lots of options for the transaction fee (sat/byte).

To add one more, the latest update, they added a trading account for the wallet (I'm not yet trying this one though). I think it is convenient.  Grin



You can decide whatever wallet you wanted to use, the more secured the better.

I saw that there is sportbetting on mycelium base on your screenshot. Is that a working feature on that wallet? I've been using mycelium wallet before but I don't like that there are too many things on the screen when I open it unlike electrum which is very simple. Although this is just my own preference. But in general, Mycelium is good wallet same as electrum. I can give a vouch for this wallet too.

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Eureka_07
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December 06, 2020, 09:20:31 AM
 #22

<snip>

I saw that there is sportbetting on mycelium base on your screenshot. Is that a working feature on that wallet?
<snip>
AFAIK the sportbetting menu on this wallet will just land you (upon clicking) to the sportbook that is found there. I only noticed one (1) sportbookie that is on that section. I guess it is somehow an advertisement for that casino. This is different from trading feature on MyCelium, in which it will not sent you to a browser to access it.
I believe you can trade there using also the MyCelium app. Correct me if I'm wrong.  Cheesy

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December 07, 2020, 10:26:01 AM
 #23

You want a digital wallet to use the coins. It'll be an app, hardware, or cloud based app. Some bitcoin companies are helping beginners by automatically generating wallets for them. You can store your purses online or offline. For security reasons, save your password online and make sure it is protected by your password. Avoid a wallet on the internet because it's just going to be hacked.
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December 07, 2020, 11:31:34 AM
 #24

I,m New in Crypto marketplace i have some difficullties that how to stores and save the Bitcoin. probably mostly wallet people using to store the bitcoin without any losing money. Anyone suggest me which wallet we can use to store the amount. so many crypto wallet are coming new everyday but which is best for me that don,t  anything losing money .
If you have some funds on you then I will recommend using a hardware wallet, the fact that hardware wallets such as ledger, Trezor, and more is more secured compared to software wallets. However, the software can be goods as wells like it provides more convenience in making transactions because it can be executable in mobile phones which is kinda handy. Personally, I've been using a lot of wallets actually like Coinbase, Trustwallet, Electrum for desktop, and our local Bitcoin storage. You can use a wallet that will suit your taste but make sure that it is a safe and reputable one.



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December 07, 2020, 11:36:45 AM
 #25

If you wish to store your bitcoin in online wallet, then I would definitely not recommend BitGo wallet as I find them presenting misleading information.
Somehow many times I've seen topics from people being in troubles with Electrum wallet. Of course all these troubles are from their laziness and lack of experience, but still, you can fully relax while using Electrum wallet.
I would personally choose hardware bitcoin wallet like Trezor or Ledger. I would advice you to go with any of them, which suits you more by price and design.

R


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December 07, 2020, 12:29:48 PM
 #26

It depends on what wallet you want to use because if you want to use a mobile wallet, I would like to recommend Electrum and Blockchain wallet. After all, these wallets are safe and secured when storing your bitcoins and other cryptocurrencies. But if you have a considerable amount of funds, it would be better to store it in a hardware wallet such as Ledger and Trezor because it could definitely prevent any online unauthorized access.

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