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Author Topic: Top Bitcoin Wallets ?  (Read 587 times)
Bitcoiner2023 (OP)
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July 20, 2023, 07:18:25 PM
 #1

Good evening,
Which hot wallets are top in your opinion?
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July 20, 2023, 07:21:55 PM
Merited by o_e_l_e_o (4)
 #2

Full client: Bitcoin Core
Hardware wallet: Passport
Desktop: Electrum and Sparrow
Mobile: Electrum and Bluewallet
On airgapped device: Electrum

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BD Crypto
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July 20, 2023, 07:25:14 PM
 #3

Good evening,
Which hot wallets are top in your opinion?
This post perfectly suits in the Beginners & Help board.
In short Electrum, Metamask, Blue Wallet are the most secured and they are top in my list. Though I have more wallets to add but I am sure they are sufficient. From them the most favorite one is Electrum. These hot wallets are open source based and obviously non custodial crypto wallet.
You should learn about open source and close source crypto wallets and have knowledge about non custodial and custodial crypto wallets to choose your own favorite hot wallets. Then you will easily realize which wallet is providing you the best security.
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July 20, 2023, 07:32:36 PM
 #4

Full client: Bitcoin Core
Hardware wallet: Passport
Desktop: Electrum and Sparrow
Mobile: Electrum and Bluewallet
On airgapped device: Electrum
BlueWallet also for MacOS or better Sparrow?
And why Passport and not Coldcard ?

Good evening,
Which hot wallets are top in your opinion?
This post perfectly suits in the Beginners & Help board.
In short Electrum, Metamask, Blue Wallet are the most secured and they are top in my list. Though I have more wallets to add but I am sure they are sufficient. From them the most favorite one is Electrum. These hot wallets are open source based and obviously non custodial crypto wallet.
You should learn about open source and close source crypto wallets and have knowledge about non custodial and custodial crypto wallets to choose your own favorite hot wallets. Then you will easily realize which wallet is providing you the best security.
But Metamask is not a Bitcoin Wallet
And is Safe.Global not safer than Metamask ? they have MultiSig
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July 20, 2023, 07:34:37 PM
 #5

In short Electrum, Metamask, Blue Wallet are the most secured and they are top in my list.
Safety and security is another topic entirely. Online wallets are not safe as offline wallets like wallet on airgapped device and hardware wallet. Multisig too are safer on Electrum and Sparrow. 2FA wallet on Electrum is also safer if the authentication app is on another device.

BlueWallet also for MacOS or better Sparrow?
Yes, it supports MacOS. Sparrow is better in my opinion, but only on desktop devices.

But Metamask is not a Bitcoin Wallet
It supports bitcoin.

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Bitcoiner2023 (OP)
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July 20, 2023, 07:43:42 PM
 #6

In short Electrum, Metamask, Blue Wallet are the most secured and they are top in my list.
Safety and security is another topic entirely. Online wallets are not safe as offline wallets like wallet on airgapped device and hardware wallet. Multisig too are safer on Electrum and Sparrow. 2FA wallet on Electrum is also safer if the authentication app is on another device.

BlueWallet also for MacOS or better Sparrow?
Yes, it supports MacOS. Sparrow is better in my opinion, but only on desktop devices.

But Metamask is not a Bitcoin Wallet
It supports bitcoin.

Can u explain why you would use Sparrow on MacOS instead of Bluewallet ?
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July 20, 2023, 08:10:15 PM
 #7

If you have a laptop, start using Electrum wallet, an android? Same, a iPhone? Blue wallet, all these wallets are very good choices but the rest is in your hand, you need to keep your recovery seed safe, if someone find their way into your wallet and steal your Bitcoin its your fault, so keep it very.

The difference is Electrum is an open source wallet and it has one of the best reviews ever, do not use any custodial wallet to store your Bitcoin.

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July 20, 2023, 08:15:30 PM
 #8

What are you looking for? It’s the first question you gotta ask yourself when choosing a wallet to store your BTC. In most cases, Electrum or Bitcoin Core is enough and provides both security and features. If you’re new, I think wallets like Sparrow that help with privacy are pretty much useless because the mistakes you’ll make will cancel all your efforts to get some privacy.

If you’re not very new in the sphere, it may be worthwile to check out Sparrow and other privacy solutions. Electrum is my choice for most use cases anyway. You can use it through Tails and for building privacy on top of your UTXOs, there are a few solutions out there including mixers and moving through XMR and back to break links.
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July 20, 2023, 08:25:13 PM
 #9

If you’re not very new in the sphere, it may be worthwile to check out Sparrow and other privacy solutions. Electrum is my choice for most use cases anyway. You can use it through Tails and for building privacy on top of your UTXOs, there are a few solutions out there including mixers and moving through XMR and back to break links.
I prefer Electrum and it is not bad and not going to be hard for newbies that knows what they are doing. What they just have to do which is most important is to backup their seed phrase safely and securely and protect their device from online attack. I see Sparrow not to be that easy too, but would be easy for newbies that know what they are doing.

@20kevin20
I am glad to see you posting again.

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July 20, 2023, 08:27:47 PM
 #10

There maybe other wallet but I would have to say electrum is my best option, it's safe as I have used it without issues, easy to use, you can check out more information about it on
https://bitcointalk.org/index.php?board=98.0

You actually need to understand that their is custodial wallet and non custodial wallet, you actually have to understand the both.
You can check out this thread to help you out
https://bitcointalk.org/index.php?topic=5173370.msg52090702#msg52090702


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July 20, 2023, 09:09:14 PM
 #11

OP there are lots of hot wallets available but it depends on what you want to do or what you are actually looking for. Make or state what you are really after so you could get the best based on your description. Some of the wallets mentioned here are very much highly sophisticated and are of different operating formats. so it is best you say what you want to do with is so you could be guided by members who are ver familiar with the wallets that best suite your requirement.

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July 20, 2023, 09:12:36 PM
 #12

As someone who sits in front of their computer for the most part of their waking hours, Electrum is the best wallet for me. It's safe, it's secure provided that you don't go stupid and save your seed phrase somewhere unsafe, and it's just there basically. Plus it's portable and you're able to pull it up whenever you need it which is more than enough of what you need for most of these wallets. I get that there's wallets that are now available on the phone and on the fly but I just can't trust them for some reason, especially those that you can download on Google Play and App Store besides the ones that we already know like Trust Wallet and so on and so forth. So I stay a firm advocate of Electrum Wallet through and through just cause it does the things I want perfectly.

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July 20, 2023, 09:31:00 PM
 #13

Considering your concern for fund security, why not opt for a hardware wallet? It offers more security compared to a hot wallet. Although opinions may vary, I personally use the Ledger hardware wallet. However, I'm currently contemplating a switch to another hardware wallet. Before switching to Ledger, I had been using the Electrum hot wallet, which you might consider as well. Just be cautious about phishing attempts, updates, and viruses. It's worth noting that there have been past incidents where users lost funds from their Electrum wallets due to update attacks. In general, a hardware wallet is the most reliable option for safeguarding your cryptocurrencies.

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July 20, 2023, 09:38:08 PM
 #14

Electrum wallet stands out, out there when you take about hot wallets or non custodial wallets but, the level of security it gets depends on you who owns the wallet as per how open you are to what it is, the exposure you give it lying there on your screen for all to see and most times on an already installed device, you access it with a password rather than seed phrases. Seed phrases becomes useful while installing on a different device (Importing) and its ability to do that is what makes it the most dangerous to be care free about and so, you must be particulate and private about them.

R


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July 20, 2023, 09:42:34 PM
 #15

Which hot wallets are top in your opinion?

All cold storage wallets are what we should recognized as top wallet to use, if you can make use of bitcoincore client by downloading the software for maximum security is also good and better than all other means, but always try to avoid any hot or online wallet especially those from the centralized exchanges and online mobile wallets, hardware wallets are also a good take but try to avoid ledger, electrum is also a multisig bitcoin wallet you could use.
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July 20, 2023, 10:00:20 PM
 #16

Can u explain why you would use Sparrow on MacOS instead of Bluewallet ?


You should check their official websites and compare the features and overall user experience of both wallets. To put it simply, Sparrow wallet seems to have a broader range of features when compared to Blue Wallet. However, at the end of the day, it boils down to personal preferences; some folks prioritize feature-rich options, while others prefer a simpler, more user-friendly experience.

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July 20, 2023, 10:09:31 PM
 #17

Good evening,
Which hot wallets are top in your opinion?
for desktop, I'd say Electrum, I've been using them for years, and though there are some bugs I have experienced throughout the years of using Electrum, they are still one of the top wallets out there and they are pretty easy to use too and would recommend it to people who are new to bitcoin.

But Metamask is not a Bitcoin Wallet
It supports bitcoin.
they do? don't they only support wBTC?

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July 20, 2023, 10:31:41 PM
 #18

Coinomi is probably my favorite.  Ballet is also a solid wallet (it's both a hardware/hotwallet blend sort of). Electrum of course.

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July 20, 2023, 10:46:50 PM
 #19

If you can't avail yet a hardware wallet, it's best to stick with what has been trusted and known by the majority and that's none other than Electrum.

Coinomi is probably my favorite.
I have used this before but I'm not going to store a lot of Bitcoin in here. It's a multi wallet, handy and easy to use but it has some controversy before and I think that you're also aware of it.

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July 21, 2023, 02:20:52 AM
 #20

Which hot wallets are top in your opinion?
It is Electrum wallet because you can have a hot wallet with this wallet software on your mobile. You can use Lightning Network if you want but Lightning Network is offchain.

[GUIDE] How to Safely Download and Verify Electrum. Verify what you download even you get it from the official website of Electrum wallet.

Electrum official download page. Don't trust me and the official website even can be compromised too. Verify the GPG signatures of Electrum developers.

Quote
Our executables are reproducible, and are signed independently by several builders.
The current executables have been signed by ThomasV, SomberNight, Emzy.
You will get GPG signatures of developers at the download page.

R


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