What things do you study while choosing a wallet?

[zanezane]

There are a lot of cryptocurrency wallets to pay and receive payments. While you choose a wallet, what things do you consider first like technical support, transaction fees or blockchain technology and why and what is the most important thing for you? We should discuss that!

I've been using crypto for years and tried almost all kinds such as hardware, physical and those that can be created online. Among all these thing, I like my hardware wallet more than others because of its security  it is not too convenient because you need to enter your pin and password every transactions but it is good you can see the number of layers of the security before a transaction can be approve.

Ya the security is very good but i think they need to improve that kind of security. Instead of entering your pin and password for every transaction, they could use 2 factor authentication or use " stay log in for 30 days" type of security. I like they type of security is that using a seed phrase to import your wallet, hard to memorize and also you are the only one should know your seed phrase added also by your custom password.

[1715244108]

1715244108

[1715244108]

1715244108

[1715244108]

1715244108

[1715244108]

1715244108

[1715244108]

1715244108

[1715244108]

1715244108

[blockman]

I've been using crypto for years and tried almost all kinds such as hardware, physical and those that can be created online. Among all these thing, I like my hardware wallet more than others because of its security  it is not too convenient because you need to enter your pin and password every transactions but it is good you can see the number of layers of the security before a transaction can be approve.

Hardware wallet is the best IMO and I've used only one of it but I'm already satisfied with its use. It may cost some money but that's just a portion of the amount that you'll be happy to get from using it for a very long time. I don't find that hassle whenever I try to confirm transactions every time I'll do. It's actually a good measure of security from doing so, I don't find myself thinking of it as something to be annoyed with or inconvenient just because it's like that.

[Mate2237]

There are a lot of cryptocurrency wallets to pay and receive payments. While you choose a wallet, what things do you consider first like technical support, transaction fees or blockchain technology and why and what is the most important thing for you? We should discuss that!

The things I consider before choosing a wallet is security, the charging rate and the popularity of the wallet. The popularity of the wallet means how many people are using the wallet. A wallet that is well reorganize with much people is not advisable to use. Like Trust Wallet can not be compared to Electrum Wallet. The best wallet from all the wallets I have used is Electrum.

I have not gotten the opportunity to use hardware wallet so I can not say any on hardware wallet. I know that they are also good to use.

[BTCBroker2016]

I've been using crypto for years and tried almost all kinds such as hardware, physical and those that can be created online. Among all these thing, I like my hardware wallet more than others because of its security  it is not too convenient because you need to enter your pin and password every transactions but it is good you can see the number of layers of the security before a transaction can be approve.

Hardware wallet is the best IMO and I've used only one of it but I'm already satisfied with its use. It may cost some money but that's just a portion of the amount that you'll be happy to get from using it for a very long time. I don't find that hassle whenever I try to confirm transactions every time I'll do. It's actually a good measure of security from doing so, I don't find myself thinking of it as something to be annoyed with or inconvenient just because it's like that.

It is but there are different bugets for people and they use it as they can

[blockman]

Hardware wallet is the best IMO and I've used only one of it but I'm already satisfied with its use. It may cost some money but that's just a portion of the amount that you'll be happy to get from using it for a very long time. I don't find that hassle whenever I try to confirm transactions every time I'll do. It's actually a good measure of security from doing so, I don't find myself thinking of it as something to be annoyed with or inconvenient just because it's like that.

It is but there are different bugets for people and they use it as they can

Yes, we've got our budgets for this and that's why someone has to save for him to be able to buy a hardware wallet. It may be hard for some but that's what it's costly.
The protection that it can give to you and to your fund is at its finest and that's why many are suggesting to buy it. Even before, I'm not convinced when people are talking about it.
But when I've given it a try and bought my own hardware wallet, that had made me worry free because I know that it's safe there and there's a need to verify each transaction being done from there.

[CarnagexD]

There are a lot of cryptocurrency wallets to pay and receive payments. While you choose a wallet, what things do you consider first like technical support, transaction fees or blockchain technology and why and what is the most important thing for you? We should discuss that!

Having a wallet will make you manage and keep your own funds. It's either in a tangible or intangible drive wallet. I would say that you must consider its compatibility and its usage if you are to use hardware wallets. If it is reliant on third-party apps, consider highly the security and the availability of coins you are to hold. Check the availability for your country of course and other restrictions you need to consider. All in all, using what you find will be most convenient and will be the safest to store your crypto. It's not just coins, it's a generational wealth if handled and stored securely.

[Supreemo]

There are a lot of cryptocurrency wallets to pay and receive payments. While you choose a wallet, what things do you consider first like technical support, transaction fees or blockchain technology and why and what is the most important thing for you? We should discuss that!

first things first that you need to check and consider is if it's secured cause all you're assets or funds will be stored secondly is the transaction fees if it's too costly cause mostly of this wallets have a high fees and the most important thing is the availability of those wallets in your country since there are some wallets have restrictions and it should be reliable to used most of the time.

[Twentyonepaylots]

There are a lot of cryptocurrency wallets to pay and receive payments. While you choose a wallet, what things do you consider first like technical support, transaction fees or blockchain technology and why and what is the most important thing for you? We should discuss that!

Having wallet in cryptocurrency trading and/or investment is important and we should wisely choose the best suitable wallet for us. For starters, one can use the reputation of a wallet to be the basis since this will let you see the how it do in the years of its service that leads you to assess the overall secureness of it. Security is important since you would definitely want your money and profit to be in a safe place so you should assess it security features to see how secured it is. Lastly, it is indeed need to consider the compatibility of it, since it is better to consider a wallet that is not that restricted in your country.

[qwertyup23]

There are a lot of cryptocurrency wallets to pay and receive payments. While you choose a wallet, what things do you consider first like technical support, transaction fees or blockchain technology and why and what is the most important thing for you? We should discuss that!

One of the factors that let me decide in choosing a wallet is its convenience and accessibility. If a wallet is available via an exchange which is mainly used by majority of our people, then I would also use such wallet.


Another factor is its accessibility. The wallet must also be available via an application that can be downloaded respectively in our mobile phones.

Lastly, I would also consider if the wallet is either online or offline depending on the usage. Generally, offline wallets are used in order to store BTCs in a much higher security.

[duckalis]

When selecting a crypto wallet, it’s important to ask yourself:

• How many coins will I store?
• What are the fees?
• Do I need daily, quick access to this wallet?
• Is security or convenience important to me?

[AnonBitCoiner]

There are a lot of cryptocurrency wallets to pay and receive payments. While you choose a wallet, what things do you consider first like technical support, transaction fees or blockchain technology and why and what is the most important thing for you? We should discuss that!

Cryptocurrency wallets are also of two types, a soft wallet and a hard wallet. The most important thing I consider when choosing any cryptocurrency wallet is security because I always think about how safe my wallet is for cryptocurrency. nowadays hackers keep on attacking a lot of wallets and soft wallets often become victims of hackers.

Hard wallet  are always safe from hackers due to  best features of not storing phrase online. Transaction feesof blockchain has its own importance but more important to me is the security of my cryptocurrency. hardwallet selection is a great option for ctyptocurrency.You will feel more confident about your cryptocurrency here than in other wallets.

[Peanutswar]

When I'm starting in the crypto currency world I just using a wallet came from the google play well it's reliable but the end is it's centralized upon getting knowing around here in the community. I'm now using a hot wallet because I can't buy one due to some lack of money but still I have my device that is capable on temporary storage secured people uses different wallet, but when I started electrum wallet already introduce in me so I used this until now I bought a hardware wallet which is the trezor even though not supported all the coin yet still it's secured than before.

[tjtonmoy]

There are a lot of cryptocurrency wallets to pay and receive payments. While you choose a wallet, what things do you consider first like technical support, transaction fees or blockchain technology and why and what is the most important thing for you? We should discuss that!

Security should be the first concern while choosing any wallet. If you are not able to keep your coins secure, then what's the point of owning the wallet? There are few software wallets that can give you better securities but as they are software, they are not immune to hacking. Keeping that in mind, the best choice should be hardware wallets. Security, storing capability, anonymity - this can offer them all. And transaction fee is not an issue because you can always use custom gas fee for every transaction.
If you are storing your BTC for a long time, then use hardware wallet. If you are moving your BTC frequently, then software wallets could give you some advantage. One I can recommend is Electrum. But the user interface and function is a bit complicated.
So that should be a concern too. User-friendly interface and easy to use.

[irhact]

The things I consider before choosing a wallet is security, the charging rate and the popularity of the wallet. The popularity of the wallet means how many people are using the wallet. A wallet that is well reorganize with much people is not advisable to use. Like Trust Wallet can not be compared to Electrum Wallet. The best wallet from all the wallets I have used is Electrum.

Popularity of a wallets doesn't mean the wallet is the best wallet to use. Popularity only means there's a good marketing strategist hired by the wallet owners to promote the wallet and they're been successful doing so. An example is Trust wallet,  it's one the most downloaded wallets and very popular but that didn't happen until Binance exchange bought the wallet.

What this means is that, without the marketing of Binance exchange, people won't have noticed the wallet to download it and make use of it. We have so many good wallets that aren't been used because they're not popular or associated with big companies in the market.

[spiker777]

There are a lot of cryptocurrency wallets to pay and receive payments. While you choose a wallet, what things do you consider first like technical support, transaction fees or blockchain technology and why and what is the most important thing for you? We should discuss that!

the most important thing I see when choosing a wallet and I think everyone should consider that too is that either the wallet is a custodial wallet or non-custodial. always choose a good non-custodial wallet where you have full authority of your keys and funds. although some custodial wallets are also pretty secure but they always have risk of getting hacked or they can even shut down withdraws in some occasions like what happened in recent FTX collapse. but with a non custodial wallets you will not have to worry anything about that and can freely move your funds anywhere you want.

[Lorence.xD]

The things I consider before choosing a wallet is security, the charging rate and the popularity of the wallet. The popularity of the wallet means how many people are using the wallet. A wallet that is well reorganize with much people is not advisable to use. Like Trust Wallet can not be compared to Electrum Wallet. The best wallet from all the wallets I have used is Electrum.

Popularity of a wallets doesn't mean the wallet is the best wallet to use. Popularity only means there's a good marketing strategist hired by the wallet owners to promote the wallet and they're been successful doing so. An example is Trust wallet,  it's one the most downloaded wallets and very popular but that didn't happen until Binance exchange bought the wallet.

What this means is that, without the marketing of Binance exchange, people won't have noticed the wallet to download it and make use of it. We have so many good wallets that aren't been used because they're not popular or associated with big companies in the market.

Exactly, but for sure those wallet didn't became popular if their services are the worst. Marketing itself won't do good if the users itself know that there's too much lacking in the wallet. But I didn't say that I'm not with you in the popularity itself. There's also an underrated wallets that are much better than the popular ones. The thing is I consider the fact that they are popular so they could assure us the safety and security of our funds. The number of it's user could increase their income for them to improved the quality of the wallets.

[Josefjix]

the most important thing I see when choosing a wallet and I think everyone should consider that too is that either the wallet is a custodial wallet or non-custodial. always choose a good non-custodial wallet where you have full authority of your keys and funds. although some custodial wallets are also pretty secure but they always have risk of getting hacked or they can even shut down withdraws in some occasions like what happened in recent FTX collapse. but with a non custodial wallets you will not have to worry anything about that and can freely move your funds anywhere you want.

This is cryptocurrency, so we shouldn't expect much and should be prepared for the worst; it's not safe anywhere in the space, and the FTX collapse was entirely the result of hackers infiltrating the security firewall and shutting down the bots. Hacks are routinely seen everywhere, and they are most recent headlines in the market. Keeping our 12 phrasal keys hidden from people because it's dangerous to expose them to the public, not even your best friend should know about it. Non-custodial wallets are simple to use and secure. Traders prefer to utilize these wallets for safer coin storage, as opposed to custodial wallets, which need the presence of a third party.

[tjtonmoy]

Yes, I agreed.
Security is the main feature to consider and when you get this with Low transaction fees is cherry on top but it's hard to find and it is also as simple as we can use easily and have friendly UI. i suggest you should visit https://coinremitter.com/on this platform will satisfy all your needs and many more. Because you will get prime security, free plugin and many more with 0.23% processing fees!!

To be honest with you, I don't trust most of the things available on the internet. So I am having some doubts using your website. Is there another thread explaining this whole thing that you are providing?  I get sometimes confused when trying out new things on my own, and considering that this is a new thing to me, I am facing some issues. Can you show us some tutorials, and how does this work? That would be very helpful for many. And if there's available already, then share that with us please.

Also I want to add this too. What's the benefit for using this? Like there are other services same as yours. What's exceptional about yours which will attract more people?

[MIner1448]

As with any technology, there are several key factors to consider when choosing a cryptocurrency wallet:
1.Security: For me, security is the most important factor when choosing a cryptocurrency wallet. I research the reputation and security of a wallet before deciding to use it. I also check if the wallet uses multi-factor authentication, what encryption protocols and other security measures it takes to protect my assets.
2.Tech Support: I think it's important to have access to qualified tech support in the event of a problem with your wallet. Therefore, when choosing a wallet, I pay attention to the availability of technical support and the response time to my requests.
3.Transaction fees: Transaction fees are also an important factor to consider when choosing a cryptocurrency wallet. I usually look for wallets with low transaction fees to save money on transfers.
4.Usability: Finally, I consider the usability of the wallet. I choose wallets with a simple and intuitive interface, so as not to spend a lot of time learning its features.
Of course, everyone can have their own priorities when choosing a cryptocurrency wallet. But I believe that given these key factors, you can find the wallet that best suits your needs.