Which wallet is safe for keeping large amount of btc?

[qwertyup23]

Is any hardware or software wallet which is safe to keep large amount of BTC safe and secure?

Definitely a hardware wallet since the device itself can be kept inside a deposit box or in a lock where only you can have access to its funds using your private keys.

To be honest, I am somehow guilty of this because I mostly kept my BTCs inside our local exchange and external wallet. While this may be relatively secured, there is always that possibility where these exchanges may be the subject of hacks and scams, like what happened to Mt. Gox way back. In addition, several exchanges (including Binance) had experienced some hacking which resulted to loss of BTCs into the wallet of some.

[Prosector]

Cold wallets, also known as hardware wallets, are generally a better option for saving crypto. They can’t be hacked and are like lockers.

[Lucius]

Cold wallets, also known as hardware wallets, are generally a better option for saving crypto. They can’t be hacked and are like lockers.

It is wrong to call any wallet a "cold wallet" if that wallet connects to the internet at some point as is the case with the hardware wallets most used. Such devices have so far shown that they are relatively secure and are a much better choice than desktop, mobile or online wallets, but they also have some problems in the form of data leakage of their users, or vulnerabilities that can be exploited in a specific situation.

Vulnerabilities that have been found in the past and those that are likely to be found in the future are something that tells us that we should always be on the lookout for whatever crypto wallet we use.

[nakamura12]

I would choose hardware wallet like trezor or ledger if it is storing serious amount of Bitcoin but if it's not very big amount then i'd recommend using Electrum. Just make sure that the seed phrase or the 12 word recovery phrase are safely backed up either by handwriting or not. The wallet I am going to use is Electrum for receiving and sending small amount of Bitcoin or you can use bluewallet if you are not satisfied with Electrum. I have my wallet generated in Electrum a few years back and am still using it.

[FatFork]

Is any hardware or software wallet which is safe to keep large amount of BTC safe and secure?

Whether it is a large amount or a small amount, it does not matter. But if you have stored coins, you can turn to help of a hardware wallet. These are secure wallets which help you keep your coins in secure form. It allows you to carry your coins around without worrying about them getting stolen by hackers, or your password gets compromised etc. But you should keep in mind that the biggest risk for losing coins comes from the user himself. So, you need to have a good password on your hardware wallet and keep your backup seed in a safe location. These are the two most common mistakes made by hardware wallet users.

[xSkylarx]

Is any hardware or software wallet which is safe to keep large amount of BTC safe and secure?

Hardware wallet is always the best choice to keep large amount of btc. It is more secure because it needs a confirmation on the device before making a transaction. It's backup keys are also unique and not stored online making it more difficult for someone to hack it. Software wallets are not safe when your device is compromised. Hackers can easily access your wallet and stole all your assets anytime without your notice.

[_BlackStar]

In the case of using a wallet like electrum, you should run that on an air-gapped computer (a device which has been always offline and will be never online) and your private keys (or the seed phrase) should never touch the internet.

I believe this is one of the recommended ways to get good security if we want to store large amounts of bitcoin. Electrum allows users to create wallet without an internet connection, and it is a great security option for users.

Apart from that, there is an additional suggestion which is also a good option if they have a large number of bitcoin and it's like not hold all the bitcoin in one wallet ^{[meaning they have to create multiple wallets].} It will also help users to have extra security in case of losing access to the wallet or other things like hacking.

[cryptotalklab1]

Is any hardware or software wallet which is safe to keep large amount of BTC safe and secure?

Many have already told . Even then I would also suggest for Electrum cold wallet so that you can secure your btc. It is known as one of the great wallet for holding btc . So Electrum hot wallet will be perfect for you

[Lucius]

Many have already told . Even then I would also suggest for Electrum cold wallet so that you can secure your btc. It is known as one of the great wallet for holding btc . So Electrum hot wallet will be perfect for you

Electrum hot wallet or any other wallet of this type is not recommended for storing large amounts of Bitcoin, so your post contradicts yourself - cold wallet can be made with Electrum, which means that on one device that is always offline you have Electrum cold wallet, and on another device that is online you have a watch-only wallet that will be used for broadcast transactions that you will sign on an offline computer.

https://electrum.readthedocs.io/en/latest/coldstorage.html

[dzungmobile]

After you choose a wallet to use, you should have some wallets to store your Bitcoin.

Don't store all your Bitcoin in one wallet.

One of criteria to choose a wallet to use, does it support Segwit, Taproot?

Storing and using are different. You can choose one wallet to store large amount of BTC, and choose another wallet for payment process which will be used to store small amount of your BTC

[LIST] Wallets supporting Taproot

[CryptoHeadlineNews]

tl;dr if you have less than $500, go use Electrum[1] or BlueWallet[2]. on the other hand, if you have more than $500, grab a reputable hardware wallet from either Ledger[3] or Trezor[4].

[1] https://electrum.org/
[2] https://bluewallet.io/
[3] https://ledger.com/
[4] https://trezor.io/

This list is the best recommendable wallets to go after. Because a wallet is been selected base on different factors, that is, e.g usage, security and ability to convert crypto to fiat. So these listed wallets are good