Topic: As a beginner, which wallet is best for you? - page 2. (Read 349 times)

For a newbie who doesn't know much crypto. Simplicity should be one of the characteristics one should also look out for. The wallet should be user friendly so that the user does not have trouble receiving and sending money.

Things such as fees, the wallet should automatically suggest the best fee for the Tx.

You have mention both Trust wallet and Atomic I have tried both and they are pretty decent wallet I recommend it to a begginer too, its user friendly. If you are looking for some alternatives take a look at meet one wallet it is almost the same with those two, here is the link https://meet.one/mobile/
As time goes by and you have bigger amount better buy hardware wallet like Ledger,Trezor.

I've always found hardware wallets such as the Trezor and Ledger great for beginners to use, and they're pretty reasonably secure most of the time as well. Some people I know have said that the interface of the applications that communicate with the wallets are a bit confusing, but there's plenty of documentation for them and there's plenty of features for more experienced users while it's also still easy to use for beginners.

Something I look for with wallets is the ability to adjust fees to your own preferences. There's very few wallets out there that still don't let you customize fees down to the Satoshi amount, but unfortunately it does appear some wallets only let you use preset amounts and they're not always appropriate.

This excludes all online wallets, exchanges, and desktop/mobile wallets which do not allow the user complete control.


This actually eliminates every possible crypto wallets, there is nothing free of bugs, no matter what type of wallet it is.


This excludes Electrum, BitocoinCore, Armory and similar wallets. The most secure wallets of this type is Nano S/X or Trezor.


I suppose this means a lot to some traders, but I am with o_e_l_e_o on this, it is better to avoid bank cards if there is any other solution. I also find info that Atomic wallet has a 7% commission + $10 minimum fee when you buying via bank card, not a cheap service.


I just hope that this thread intention is not to promote those mentioned wallets, although it just seems to me this is the case, because the way their names are emphasized.

I find myself comfortable on Solar, but maybe its just me. Once you get used to it pretty easy and has good user experience.

All that can be summarized in a few words:
- buy a ledger or trezor and use electrum wallet for bitcoin. Use ledger native software for shitcoins.

Having a hardware wallet is a must.you can buy one with less than 100 USD, and you will know your coins are safe.

When I first started collecting bitcoins I used coinbase wallet to store my coins, but once I realised that exchanges were risky I began my search for a safer and easier wallet to store my coins. It was at this juncture someone told me about paper wallets, I was very excited to try it but within moments I realised that it was more complicated than I initially thought it would be. After searching for quite a while I stumbled upon Electrum wallet, and I have never looked back as it’s safe and very easy to use plus one can even do all transactions from mobile via it’s application. The key things I was looking in my wallet were safety, easy to use, and automatically calculate fees which I found in Electrum wallet.

The UTXO control is a big one. I'm finally at a point where I'm trying to take better control of my coins, in particular change addresses. I'm realizing how little effort I put into learning these skills early on, but with a couple different incoming streams and the desire to still spend certain amounts I would like to have more control.

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I will say a good introductory desktop wallet is Electrum, in the past I have used Green wallet the first time I required a Segwit Address and found it easy to use as a mobile wallet. I will say a big point is to make sure you are actually downloading the official wallet release. There are a lot of scams out there that prey on people not checking the source of the wallet download, and they look very official until your coins are gone.

These are the two most important factors everyone should be looking for in a wallet. Web wallets, storing on exchange, or other third party custodial options should be avoided at all costs.

Doesn't interest me in the slightest because the vast majority of altcoins and tokens are worthless or scams. The few that I am interested in can be bought directly peer-to-peer and stored safely on all good hardware wallets.

I would actively avoid this feature. I don't want my crypto wallets linked to my real life name and address. This is a huge privacy risk.

There are plenty of other very important features that many wallets unfortunately still do not yet provide. Being open source and complete SegWit compatibility is a must in my book, as is the ability to see all your addresses and perform proper UTXO control.

     There are many things I look out for while deciding on which wallet to use. I really like it light and simple while still having its sophisticated features.
     There are many wallets out there but have limited features while some with a very wide range of features looks too techy for a newbie. Below are some of the things I look out for while looking for crypto wallet to use.....

1. Non-custodian : I like wallets that are fully decentralised and void of central control. I like wallet that gives users 100% control and ownership of their funds.

2. Security : Wallets should be secured at all ends and free of bugs whatsoever.

3. Support for multiple coins and tokens : This helps in portfolio management, a wallet that supports variety of tokens and coins help traders and investors in managing their funds with ease in one place.

4. In app decentralised exchange : Exchanging your favourite tokens without sending it out of your wallet will help reduce risks and save time, I look out for this when choosing a wallet.

5. Buying crypto with card : This feature lets you buy your cryptocurrencies from the using bank cards, this is convenient and safe.

     There are only few wallets that can provide you with the above mentioned features at best practice, so while searching out for, always look out for their reviews. I've used TRUST wallet and I'm currently using ATOMIC wallet and I enjoyed both. ATOMIC stands out for supporting staking and dividend payouts in app.

What else do you look out for in a wallet?