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Entontothekeseczi (OP)
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January 05, 2021, 02:13:22 AM
 #1

Hi!

I just wanted to use bitcoin.com wallet for android and it warned me because of high transaction fees (around 20 $).
I cancelled and started a new transaction and it did not warn me again (around 8$).
This was maybe 30 seconds apart and I have no idea what to think about this but is this maybe a cheap way to advertise BCH?

If yes I want to switch software of course. Which software for android is trustworthy?

Thx for all recommendations!

Reagards!
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dansus021
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January 05, 2021, 02:45:25 AM
Merited by Entontothekeseczi (1)
 #2

Hi!

I just wanted to use bitcoin.com wallet for android and it warned me because of high transaction fees (around 20 $).
I cancelled and started a new transaction and it did not warn me again (around 8$).
This was maybe 30 seconds apart and I have no idea what to think about this but is this maybe a cheap way to advertise BCH?

If yes I want to switch software of course. Which software for android is trustworthy?

Thx for all recommendations!

Reagards!

and currently bitcoin high fees because there is so much transaction and bitcoin price keep rising up since most exchange doesn't have flexible fee withdraw

Im currently using trustwallet(MultiCoin) and metamask for the ethereum i try backup my phrase key from trust wallet and try it on metamask its work fine

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January 05, 2021, 02:54:30 AM
Merited by Entontothekeseczi (2)
 #3

I just wanted to use bitcoin.com wallet for android and it warned me because of high transaction fees (around 20 $).
I cancelled and started a new transaction and it did not warn me again (around 8$).
This was maybe 30 seconds apart and I have no idea what to think about this but is this maybe a cheap way to advertise BCH?
Which coin are you talking about the transaction and fee? Bitcoin (BTC) or Bitcoin Cash (BCH). I think you are talking about bitcoin transaction as BCH transactions are not expensive as that.

Quote
If yes I want to switch software of course. Which software for android is trustworthy?
Electrum has a Bitcoin wallet for Android.
https://electrum.org/#download. You can click on the Google Play link or get the link directly here: https://play.google.com/store/apps/details?id=org.electrum.electrum. but you should not trust me and would go with Google Play link on the electrum site.

Details for real Electrum wallet (click on about)
Quote
- version 4.0.9
- Licence: MIT Licence
- Homepage: https://electrum.org
- Developers: Thomas Voegtlin SomberNight
Distributed by Electrum Technologies GmbH

Click on Send and you have 3 options for fee estimator
- ETA: within 5 blocks: 71.6 sat/byte
- Mempool: 2 MB from tip: 9 sat/byte
- Static: the static (fixed) fee you want to use all time.
Mempool option is recommended.  Grin

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January 05, 2021, 03:46:49 AM
Merited by Entontothekeseczi (1)
 #4

I just wanted to use bitcoin.com wallet for android and...

Yea.. that wallet sucks.

My personal picks:

  • BlueWallet[1] on Android and iOS
  • WasabiWallet[2] for Windows
  • A Ledger[3], Trezor[4], or a Coldcard[5](intermediate) if you want a hardware wallet(preferably)


[1] https://bluewallet.io/
[2] https://wasabiwallet.io/
[3] https://ledger.com/
[4] https://trezor.io/
[5] https://coldcardwallet.com/

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January 05, 2021, 04:17:17 AM
 #5

I like mycelium wallet.

{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
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January 05, 2021, 05:00:29 AM
 #6

Currently, I am using Trust Wallet and SafePal Wallet. Both of them is backed by Binance and both of them is multi-coin wallet.. Safepal supports hardware wallet. Also, you can use Atomic wallet. Trust Wallet and Safepal Wallet is the most popular wallet for Android.

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January 05, 2021, 05:17:15 AM
 #7

I personally recommend you to use coinbase wallet. It is one of the best wallet to me although it is a centralized wallet. Veteran bitcoin users does not want to advice people to use a third party wallet because it is against the purpose of bitcoin. Though, I find that coinbase has a cheap fee with an astonishing services that they provide. Moreover, you can hold variety of coins in this wallet.

I have not made a research on any real mobile bitcoin wallet. But I believe that it will consume a big fee when you make a transaction
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January 05, 2021, 05:26:06 AM
 #8

I personally recommend you to use coinbase wallet. It is one of the best wallet to me although it is a centralized wallet. Veteran bitcoin users does not want to advice people to use a third party wallet because it is against the purpose of bitcoin. Though, I find that coinbase has a cheap fee with an astonishing services that they provide. Moreover, you can hold variety of coins in this wallet.

I have not made a research on any real mobile bitcoin wallet. But I believe that it will consume a big fee when you make a transaction

Coinbase in a transacting perspective is only great because of the fact that Coinbase<->Coinbase transactions are free. Beyond that? Nope. But if you're fine with the possibility that you lose everything if ever Coinbase gets hacked in the future, then go ahead.

https://NotYourKeys.org/

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Entontothekeseczi (OP)
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January 05, 2021, 05:38:25 AM
 #9

It was a BTC transaction. Yes, i think fees are too high nevertheless. This needs to be worked on.
Thanks for the recommendations!

edit: sorry I wish i could merit all you guys!
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January 05, 2021, 05:58:18 AM
 #10

I just wanted to use bitcoin.com wallet for android and...

Yea.. that wallet sucks.

My personal picks:

  • BlueWallet[1] on Android and iOS
  • WasabiWallet[2] for Windows
  • A Ledger[3], Trezor[4], or a Coldcard[5](intermediate) if you want a hardware wallet(preferably)


[1] https://bluewallet.io/
[2] https://wasabiwallet.io/
[3] https://ledger.com/
[4] https://trezor.io/
[5] https://coldcardwallet.com/

Never heard of Bluewallet since I'm using electrum for almost 4 years already. Just gonna ask if Bluewallet has lesser fee compare to Electrum? I've got a trezor way back then but it was not working very well for me so I decided to get back on Electrum again.


Currently, I am using Trust Wallet and SafePal Wallet. Both of them is backed by Binance and both of them is multi-coin wallet.. Safepal supports hardware wallet. Also, you can use Atomic wallet. Trust Wallet and Safepal Wallet is the most popular wallet for Android.

I'm gonna vote for Trust Wallet since its user interface is very neat and friendly, so easy to use and navigate even in the first time using it. ImToken wallet is also good for storing both Bitcoin and altcoins. It works like a metamask since you could import your Ethereum private keys with your ERC-20 tokens giving you so much convenience in sending them and receiving tokens from different wallets.
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January 05, 2021, 06:05:39 AM
 #11

Never heard of Bluewallet since I'm using electrum for almost 4 years already. Just gonna ask if Bluewallet has lesser fee compare to Electrum? I've got a trezor way back then but it was not working very well for me so I decided to get back on Electrum again.

Fees should be the same, though BlueWallet supports lightning so it's going to be pretty handy if you end up needing to do a LN transaction.

As for Trezor, especially if you have a good amount of funds, I definitely suggest using it. With Electrum or any other software wallet, your wallet's private keys could potentially get leaked(if it hasn't been leaked already). Better safe than sorry!

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January 05, 2021, 06:07:04 AM
 #12

Bitcoin.com is more focused on promoting Bcash. Their wallet doesn't support segwit and doesn't use good fee estimation for bitcoin so you will end up paying unnecessarily high fees. I suggest choosing something like Electrum which is open source and let's you set your own fee.

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January 05, 2021, 08:11:29 AM
 #13

When transaction rate keeps skyrocketing as seen currently due to the rise in Bitcoin price as more people are going for it, there is every tendency the transaction fees will be high and when sending it is good to use the recommended fee as it will be fast, because any bid to alter it might result to slow transactions confirmation, but however I don't think it makes sense spending such on fees as you can try some other time, unless you are in a haste. This same high fees is also witnessed on the Ethereum blockchain. Nevertheless, asking about a trustworthy wallet, you can try Imtoken or Trust wallet, but personally I prefer Trust wallet, also remember to backup your mnemonic phrases.

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January 05, 2021, 08:14:58 AM
 #14

One word - Trust Wallet
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January 05, 2021, 08:43:57 AM
 #15

Many bitcoin mobile wallet available. But my first choice electrum wallet this wallet is very smooth transaction and very secure, Electrum is on of the best mobile Wallet.

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January 05, 2021, 10:16:15 AM
Last edit: January 05, 2021, 10:29:00 AM by 0t3p0t
 #16

Hi!

I just wanted to use bitcoin.com wallet for android and it warned me because of high transaction fees (around 20 $).
I cancelled and started a new transaction and it did not warn me again (around 8$).
This was maybe 30 seconds apart and I have no idea what to think about this but is this maybe a cheap way to advertise BCH?

If yes I want to switch software of course. Which software for android is trustworthy?

Thx for all recommendations!

Reagards!
I have been using Mycelium, Coinomi and Electrum mobile wallets and they are working great with me so far so good since 2017. You can actually set transaction fees on the first two wallets I've mentioned above except for Electrum which you cannot.



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January 05, 2021, 10:36:00 AM
 #17

I have been using Mycelium, Coinomi and Electrum mobile wallets and they are working great with me so far so good since 2017. You can actually set transaction fees on the first two wallets I've mentioned above except for Electrum which you cannot.
This is inaccurate. Regardless if you are using the mobile version of Electrum and its desktop wallet; you still have the options to manually change the transaction fees (sats/vbyte) by manually typing it or just simply using the slider. Also, it would be much better to check [1] https://jochen-hoenicke.de/queue/#0,24h to determine the least amount of sats/vbyte when broadcasting the transaction.


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January 05, 2021, 10:42:31 AM
 #18

What about Ownr wallet? I use it most often for eos, but you should pay attention to it. Or Trust.
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January 05, 2021, 10:53:30 AM
 #19

I use Mycelium since it supports Hardware Wallets. Else I would have been probably using Electrum.
Is not the best wallet, but it's also not bad.
I think that it deserves a place in the (although not bad at all) list mk4 made.
I'd also add that Ledger Live wallet is quite crap and you better use another software with their hardware wallet.

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January 05, 2021, 10:59:04 AM
 #20

What about Ownr wallet? I use it most often for eos, but you should pay attention to it. Or Trust.

btc is he want but this wallet also support btc ?

Hi!
I just wanted to use bitcoin.com wallet for android and it warned me because of high transaction fees (around 20 $).
I cancelled and started a new transaction and it did not warn me again (around 8$).
This was maybe 30 seconds apart and I have no idea what to think about this but is this maybe a cheap way to advertise BCH?
If yes I want to switch software of course. Which software for android is trustworthy?
Thx for all recommendations!
Reagards!
your lucky and need to be thankful because they warn you with the fee that your going to use and what if they didnt do that ,

 you will accidentally sent a transaction with 20 $ fee but why did the transaction fee go down drastically after cancelling and trying again , is that a cause of rapid fluctuation in btc price ? and price go down fast but why is bch suddenly joined the convo .

 can you clear out if what coin or fee your using or pops out on your screen  . bch fees arent high as btc because bch price havent been jumping for a while .
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