Top Bitcoin Wallets ?

[fuguebtc]

Good evening,
Which hot wallets are top in your opinion?

As long as you choose an open source and non-custodial wallet, you should be safe with it. But if you are a newbie and need to find a wallet that ensures all safety, security and ease of use criteria, then I think Electrum is your choice. I have also used many wallets for both phones and laptops but in the end, I chose Electrum because it has everything I need. But it's a bit of a pity that it still doesn't have an iPhone version, and since I switched to iPhone, I can only use my Electrum on my laptop.

Either way, you should still consider owning a hardware wallet as it is still the safest option.

[yudi09]

Which hot wallets are top in your opinion?

I notice that you are not slow to learn about wallets and wallet security.

Bitcoin Core and Electrum have proven to be the best wallets for storing Bitcoin assets.
These two wallets are best used on the desktop version although Electrum is also available on the mobile version.
To provide a strong level of security, use multi-signature by connecting to a hardware wallet.

I would like to add Unstoppable Wallet for the mobile version in addition to the already recommended Blue Wallet.

[Plaguedeath]

But it's a bit of a pity that it still doesn't have an iPhone version, and since I switched to iPhone, I can only use my Electrum on my laptop.

Either way, you should still consider owning a hardware wallet as it is still the safest option.

You can use blue wallet if you're looking a non custodial and open source wallet as good as electrum, it already support for iOS.

I think some people already skeptic about hardware wallet due to ledger had announced they will share encrypted private key to third party, the best choice is you need to set up your own cold storage.

So the best to worst wallet is:
1. Own created cold storage
2. Hardware wallet from centralized company
3. Mobile non custodial wallet
4. Custodial wallet

[FinneysTrueVision]

It depends on what features you are looking for. There is no one size fits all wallet. Electrum is a beginner friendly wallet that is rich with features. It is probably the best wallet for the majority of users.

But Metamask is not a Bitcoin Wallet

It supports bitcoin.

Metamask does not support native Bitcoin. It is a wallet designed for EVM compatible networks. You can use it for Wrapped Bitcoin but this token is not really bitcoin. There is an Ordinals marketplace that let's link your Metamask wallet and it will create BTC addresses for you but you will need to always be connected to this website because the Metamask interface doesn't support any Bitcoin features.

[Charles-Tim]

In general, a hardware wallet is the most reliable option for safeguarding your cryptocurrencies.

Offline/cold wallets are one of the most reliable, not only hardware wallet. For privacy, wallet on airgapped device would be most reliable, or a paper wallet if you are able to make use of both properly. You do not have to buy a wallet through company that can leak your data online which can make hackers to know that you are likely one of the hardware wallet users. Hardware wallets that are open source are good if you are not worried of future data leak. Or maybe buy it offline from a trusted official reseller.

There are online wallet setup that are safe too, but single sig wallet should not be considered one. A good example is a well properly generated multisig wallet. But I consider this to be used for business than individual to use it. Although, there may be some individuals that may prefer to use a multisig wallet. Another one is the Electrum 2FA wallet in which you can have the 2FA on another device different from the one you used to setup the wallet. I think this setup is safe too.

[gunhell16]

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.

Electrum wallet has been tried and true for me for several years, even though I haven't bought a hardware wallet like trezor, so far this Electrum is good on desktop, the electrum on android is also okay. And I also think the Sparrow looks good to use as well.

in fact, I also want to try the sparrow., But if there is a hardware wallet to buy, of course it is better to buy it so that our assets are 100% safe. Although electrum is also 100% safe as long as you save the private key, or seed phrase of the address you will use.

[ajiz138]

Desktop version of Electrum as a hot wallet.
My mobile version uses Trust Wallet and Blue Wallet.
The cold wallet is the main wallet for storing to be much more secure.

There are many hot wallets to choose from, I don't know which is the top one but I try to pick Electrum as my favorite.

[o_e_l_e_o]

And why Passport and not Coldcard ?

Coldcard is no longer open source - https://nitter.net/sethforprivacy/status/1651039483419058177#m

Coinomi is probably my favorite.

Closed source, and were discovered to be sending seed phrases in plain text across the internet. Not a good choice I'm afraid.

Metamask does not support native Bitcoin.

Not to mention that its a freaking browser extension! I have absolutely no idea why it is so popular; I can't think of a less secure way to store your coins than in a browser extension of all places.

[SamReomo]

Good evening,
Which hot wallets are top in your opinion?

I would go with Electrum because I have found it as the best wallet to store your Bitcoin. If your main intention to hold your Bitcoin for a longer period then I would recommend you to make your Electrum wallet as a cold wallet instead of a hot wallet. I must tell you that hot wallets aren't safe for huge amount of money, and for that purpose a cold wallet is highly preferred option.

If you still want to store your coins in a hot wallet then go for Electrum as that one is the securest and highly trusted wallet for Bitcoin. The Electrum is open-source and that's why the chance for having a vulnerability is quite low with this wallet. If you want to go with a closed source wallet then the best options are either MetaMask wallet or Trust wallet as both of them are known for their wide acceptability.

[Tony116]

But it's a bit of a pity that it still doesn't have an iPhone version, and since I switched to iPhone, I can only use my Electrum on my laptop.

Either way, you should still consider owning a hardware wallet as it is still the safest option.

You can use blue wallet if you're looking a non custodial and open source wallet as good as electrum, it already support for iOS.

I think some people already skeptic about hardware wallet due to ledger had announced they will share encrypted private key to third party, the best choice is you need to set up your own cold storage.

So the best to worst wallet is:
1. Own created cold storage
2. Hardware wallet from centralized company
3. Mobile non custodial wallet
4. Custodial wallet

After the issue with Ledger, people also stopped trusting hardware wallets and switched to using Trezor as an alternative. Although Trezor is superior to Ledger because it is open source but as you said, all of them are produced from centralized companies so it is difficult to trust them again.

I switched to an old laptop running Linux and integrated Electrum to store my bitcoins. Of course, it's always offline and just for storage, I find it more secure than hardware wallets.

Regarding the best hot wallet, I only trust Electrum.

[Oshosondy]

Metamask does not support native Bitcoin.

Not to mention that its a freaking browser extension! I have absolutely no idea why it is so popular; I can't think of a less secure way to store your coins than in a browser extension of all places.

Because it is one of the first altcoins wallets. It is supporting many coins and their tokens. I do not know if it is open source or close source, but it has Android and iOS apps. For not having computer apps for Linux, Windows and MaxOS, I will put it into the category of wallet extension too.

I made a withdraw on Binance some weeks ago. The coin was TUSD on Binance Smart Chain. BSC developere did something that time which makes the coin not to show on Unstoppable wallet. I was thinking it was unstoppable wallet that might caused it before. I created Trustwallet to check and I sent $5 worth of TUSD on BSC to an address on Trustwallet that I created. I did not see the coin and I created this topic:

Solved. I can now transfer the coin.

I used Metamask to solve the problem.

I used passphrase on Unstoppable wallet because I am afraid to backup my seed phrase without having passphrase. Iancoleman that I opened on text editor on an offline device and Matamask wallet saved me. If the wallet is open source and have computer apps instead of the browser extension, the wallet would be one of the best altcoins wallets. I used the mobile app when there is no computer app.

[jrrsparkles]

I switched to an old laptop running Linux and integrated Electrum to store my bitcoins. Of course, it's always offline and just for storage, I find it more secure than hardware wallets.

Regarding the best hot wallet, I only trust Electrum.

Air gapped devices are better than wallets that are stored in a device which we connect with internet more often but it doesn't rule of the risks completely cause even are airgapped devices are offline most of the time, they can still be vulnerable when connected to the internet for updates or other purposes. Or the device itself can get corrupted which is very common with ageing of any electronics such as SSD, HDD then the recovery of the wallets will become impossible unless the keys are stored in different place.

[Z-tight]

Which hot wallets are top in your opinion?

Take note, hot wallets are very prone to attacks, so the funds you want to keep in a hot wallet should at least be < or = $100, or whatever amount it is that is small to you.

My mobile version uses Trust Wallet

Trust wallet is closed source: https://trustwallet.medium.com/why-open-sourcing-android-app-could-be-a-harm-to-the-crypto-community-fb3ae1707dc6 and they are also owned by Binance, so i don't trust them.

in fact, I also want to try the sparrow., But if there is a hardware wallet to buy, of course it is better to buy it so that our assets are 100% safe. Although electrum is also 100% safe as long as you save the private key, or seed phrase of the address you will use.

There is no way of storing your BTC that is 100% safe, but by reducing the possible ways that an attacker can possibly attack you, you're making your funds very safe. A hardware wallet isn't 100% safe if you don't write your recovery phrase and keep it safe, Electrum wallet is also not 100% safe if it is an online wallet.

[Bitcoiner2023]

And why Passport and not Coldcard ?

Coldcard is no longer open source - https://nitter.net/sethforprivacy/status/1651039483419058177#m

Coinomi is probably my favorite.

Closed source, and were discovered to be sending seed phrases in plain text across the internet. Not a good choice I'm afraid.

Metamask does not support native Bitcoin.

Not to mention that its a freaking browser extension! I have absolutely no idea why it is so popular; I can't think of a less secure way to store your coins than in a browser extension of all places.

https://walletscrutiny.com/hardware/coldcardMk4/

Coldcard is open source again, the binary data matched.

The test was done 4 weeks ago

[Mate2237]

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

Among all I still choose Android Electrum Wallet, I was trying to download Electrum Wallet on PC but it was not successful but the mobile version is always running smoothly with any problem. And I cannot speak for others because I have not used them so no idea on them except Electrum Wallet. And also base on recommendation from others in the wallet board, I would choose passport and Sparrow wallet.

[Charles-Tim]

I was trying to download Electrum Wallet on PC but it was not successful

Which desktop OS are you using? And what version? What is the error displayed?

Electrum also run on desktop smoothly, just as light as it is on mobile. But desktop Electrum is far better than mobile Electrum as it allows you to use coin control, encrypted/decrypt a message, sign/verify bitcoin address, the use of console for addictional features and you can customize transaction fee.

Sparrow is a very good desktop wallet. Among desktop bitcoin wallet, I prefer Electrum and Sparrow.

[Mate2237]

I was trying to download Electrum Wallet on PC but it was not successful

Which desktop OS are you using? And what version? What is the error displayed?

Electrum also run on desktop smoothly, just as light as it is on mobile. But desktop Electrum is far better than mobile Electrum as it allows you to use coin control, encrypted/decrypt a message, sign/verify bitcoin address, the use of console for addictional features and you can customize transaction fee.

Sparrow is a very good desktop wallet. Among desktop bitcoin wallet, I prefer Electrum and Sparrow.

I am using Windows X. It was installed but refused to open for me to use it. So I also just leave it since it was not opening. But for now my PC has fault, I change the OS to windows 10 and reinstall it again to see if it will work as you said. With the bold part of your text which I did, I will like to test the desktop version of the Electrum.

[o_e_l_e_o]

After the issue with Ledger, people also stopped trusting hardware wallets and switched to using Trezor as an alternative.

Given that Trezor now support blockchain analysis by their partnership with Wasabi, they are a very poor choice of hardware wallet. Add in their support of AOPP last year, and they have a very anti-privacy ethos, which is not what you want from a hardware wallet manufacturer.

Coldcard is open source again, the binary data matched.

No, it is source verifiable, not open source. There is a difference, as explained by the link I provided.

[Bitcoiner2023]

After the issue with Ledger, people also stopped trusting hardware wallets and switched to using Trezor as an alternative.

Given that Trezor now support blockchain analysis by their partnership with Wasabi, they are a very poor choice of hardware wallet. Add in their support of AOPP last year, and they have a very anti-privacy ethos, which is not what you want from a hardware wallet manufacturer.

Coldcard is open source again, the binary data matched.

No, it is source verifiable, not open source. There is a difference, as explained by the link I provided.

How i can find the right HWW ?
i though walletscrutiny.com/ would list only good HWW.

[bitzizzix]

It's important to do some research first although many people think it's the best, and you should choose a wallet that fits or can meet your specific needs and preferences.
and there are several types of bitcoin wallets, including desktop wallets, mobile wallets, web wallets and hardware wallets but each type of wallet has its own advantages and disadvantages.
and in my opinion the best wallet for desktop and i still use it faithfully is electrum and its advantages as they say.