Best Crypto Wallet | Bitcointalksearch.org

Z-tight

legendary

Activity: 994

Merit: 1089

Quote from: CadaNews on December 13, 2024, 12:38:32 PM

Electrum is, for example, one of the better BTC wallets, but it's not easy to figure it out at first!

I don't know what you found complex about Electrum wallet, however, i disagree, Electrum wallet is very easy to use and a newbie can figure it out immediately.

As for your list, you make a list of 'best BTC wallet' and you include trust wallet and Atomic wallet, seriously? Do you remember that many Atomic wallet users lost their funds many months ago, and even today we do not know what went wrong and the reason why their funds disappeared. You should fully understand which BTC wallet is safe before making recommendations.

Kruw

member

Activity: 378

Merit: 93

Enable v2transport=1 and mempoolfullrbf=1

Quote from: CadaNews on December 13, 2024, 01:32:33 PM

I appreciate the response. Which wallets would you place as the top 3?

Ledger is closed source, so it's an automatic no. I've only tried Coldcard and Trezor, I consider Coldcard being Bitcoin-only as an advantage, but your perspective seems to consider altcoin support as "good", so whatever.

Trust wallet is closed source, automatic no. Phoenix Wallet has the best UX out of any Bitcoin wallet I've used on any platform, it's easily the top spot.

Atomic is closed source and caused users funds to be stolen, it's an absolute no. Wasabi is the best desktop wallet for privacy, and Sparrow/Electrum are the best desktop wallets for flexibility.

For best advanced mobile Bitcoin wallet, Zeus is elite.

CadaNews

newbie

Activity: 3

Merit: 0

I appreciate the response. Which wallets would you place as the top 3?

Kruw

member

Activity: 378

Merit: 93

Enable v2transport=1 and mempoolfullrbf=1

Quote from: CadaNews on December 13, 2024, 12:38:32 PM

On CadaNews, we have updated our list for the best Bitcoin wallets for 2025.
Our goal was to make a list of the most beginner-friendly wallets. Electrum is, for example, one of the better BTC wallets, but it's not easy to figure it out at first!

Your list is a complete joke. It's almost entirely closed source projects.

CadaNews

newbie

Activity: 3

Merit: 0

On CadaNews, we have updated our list for the best Bitcoin wallets for 2025.
Our goal was to make a list of the most beginner-friendly wallets. Electrum is, for example, one of the better BTC wallets, but it's not easy to figure it out at first!

Pmalek

legendary

Activity: 2730

Merit: 7065

Quote from: ? on November 01, 2024, 01:27:22 PM

There is a list of many crypto wallets here on (Link removed).

There are better sources than the one you mentioned or perhaps shilled. It's just a list. The Bitcoin Hole compares the most important features of both software and hardware wallets in a much better format.

Quote from: Agbe on November 01, 2024, 02:17:23 PM

Electrum Wallet is good which I am using it with error foe years now. The transaction fee is very small and it is not up to a dollar so it is affordable at all time of transaction. But when the mempool is congested then the fee will be high. But it is one of most secure wallet to store bitcoin. Bluewallet transaction fee is high than Electrum. So you choose your choice.

It seems like you are allowing your wallet to tell you how much to pay in fees. That's not how it's supposed to work. Both of the wallets you mentioned allow you to enter transaction fees manually. You are supposed to check the current state of the network and then enter appropriate fees into the software.

Quote from: Z-tight on November 01, 2024, 02:27:04 PM

Electrum wallet is also an online wallet, so it may not be the best for long term storage of a large amount of BTC, for that either use a hardware wallet or run Electrum in an airgapped device.

As you know, Electrum can also be coupled with popular hardware wallets so it stops being a hot wallet in that case.

Quote from: Smartprofit on November 04, 2024, 11:24:44 AM

In my opinion, the best option is the Electrum mobile wallet.

Why limit yourself exclusively for the mobile variant of Electrum when the desktop version is better and more feature-rich? Personally, I would always pick Blue Wallet on mobile over Electrum.

PepeLapiu

member

Activity: 76

Merit: 45

I strongly suggest you get a Bitcoin only wallet. If you want to play with s**tcoins, use a separate s**tcoin wallet for those.

I really like Electrum for both Android and Windows. I only hear good things about Sparrow.

That was for hot wallets. For cold wallet, I like the ColdCard together with CryptoSteel, or any other stamped seed wallet system.

But you don't have to overdo it. I think for most people, an old cellphone with Electrum installed on it, turned off when you are not using it, along with your seed phrase saved on paper. That should do the trick for most. You can likely find an old android phone with removable battery at any pawnshop or Amazon.

Z-tight

legendary

Activity: 994

Merit: 1089

Quote from: tread93 on November 04, 2024, 03:01:08 PM

One that is super simple and just reliable is the HODL wallet 😎 now many folks may not use this wallet but I can vouch that they are in fact a very great wallet and I’ve been using them for a long time.

I don't think i have heard anything about this wallet before, and i am surprised you say you can vouch for them, is it a closed or open source wallet. I would still recommend Electrum to store your BTC for the short term, and for long term storage, you can run Electrum in an airgapped wallet or use a hardware wallet.

Quote from: fikrett on November 05, 2024, 01:49:04 AM

However - how many are using Trust wallet and suffered from it?.. I didn't hear much of the cases, I mean, if we are talking about the pain of it being close-sourced.

Yeah, many people are using trust wallet, but it does not make it recommended, if you cannot verify the code of the wallet you use, then you cannot be sure of what is happening behind the scenes. So many Atomic wallet users lost their funds sometime ago, but up until today they do not know what really happened and the wallet hasn't given details about it.

?

Activity: -

Merit: -

Quote from: tread93 on November 04, 2024, 03:01:08 PM

Quote from: purinZ14 on May 23, 2024, 07:21:41 AM

Just from the title alone… I wanted to ask what possibly the best wallet to hold bitcoin in?

Before anyone says that it depends on what I need specifically then here is what I am here for. I can not decide which one really is the best based on the things I want. First of all I plan on holding some bitcoin (not huge amount) for a foreseeable future. However I also plan on swapping it for usdt from time to time aka when the price is getting high. I need a wallet that has low fees when swapping , preferably decentralized and in mobile and is secure.

Any recommendations?

One that is super simple and just reliable is the HODL wallet 😎 now many folks may not use this wallet but I can vouch that they are in fact a very great wallet and I’ve been using them for a long time. Use a cold storage wallet though for the bulk of what you have I just like using HODL for smaller amounts and I like the layout

Never heard about it.. But I will definitely give it a look, thanks!
And about the bulk in the coldie - true words. If a person is afraid and wants security on the right level - that's a great way to ensure it.

FortuneFollower

copper member

Activity: 196

Merit: 6

Quote from: SquirrelJulietGarden on November 04, 2024, 09:51:36 PM

Quote from: Smartprofit on November 04, 2024, 11:24:44 AM

You can read more here -

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

Electrum wallet types.
Creating a cold storage wallet in Electrum.

Some important reminders to use Electrum wallet safely.
The paranoid user's security guide for using Electrum safely.

Bitcoin users must be careful with fund storage, no matter the fund is small or big. If they are careless with small fund, they will make their habit of careless storage so with big fund, they won't become more careful. Losing a fund is a loss, no matter it is big or small fund.

A beginner guide to Bitcoin security.
Securing your wallets.

The links are much appreciated!
Truly, it's important to start a good habit in order for it to grow with time and become really useful in the times to come.

fikrett

copper member

Activity: 126

Merit: 6

Quote from: Plaguedeath on November 04, 2024, 11:47:16 PM

Quote from: ungkuahmad on November 04, 2024, 10:17:16 PM

what does closed source mean? do they not share private keys with third parties? if that's what it means, but why was my personal wallet trust wallet hacked by someone even though I never gave or told anyone the private key and they stole all the assets in my wallet, even though I had installed all the security.. is there a great hacker who can penetrate the security of trust wallet or is the security system less secure?

Closed source mean the code can't be viewed by anyone because the developers hide it.

If the wallet is open source, anyone can see the code and someone can verify whether it contain malicious code or something like that. So, if you're using closed source wallet, you must trust 100% with the developers, however this ruin Bitcoin idiom which is "don't trust, verify". No one can know if the developers share the private keys or not with third parties since it's closed source.

This one is the example of closed source https://github.com/trustwallet/wallet-core/blob/master/android/.gitignore

Yeah, you basically play the credibility to the hands of the wallet devs.
However - how many are using Trust wallet and suffered from it?.. I didn't hear much of the cases, I mean, if we are talking about the pain of it being close-sourced.

Plaguedeath

hero member

Activity: 910

Merit: 680

Quote from: ungkuahmad on November 04, 2024, 10:17:16 PM

what does closed source mean? do they not share private keys with third parties? if that's what it means, but why was my personal wallet trust wallet hacked by someone even though I never gave or told anyone the private key and they stole all the assets in my wallet, even though I had installed all the security.. is there a great hacker who can penetrate the security of trust wallet or is the security system less secure?

Closed source mean the code can't be viewed by anyone because the developers hide it.

If the wallet is open source, anyone can see the code and someone can verify whether it contain malicious code or something like that. So, if you're using closed source wallet, you must trust 100% with the developers, however this ruin Bitcoin idiom which is "don't trust, verify". No one can know if the developers share the private keys or not with third parties since it's closed source.

This one is the example of closed source https://github.com/trustwallet/wallet-core/blob/master/android/.gitignore

ungkuahmad

newbie

Activity: 311

Merit: 0

Quote from: Plaguedeath on November 04, 2024, 08:45:51 AM

Zengo, Coinbase and Trust Wallet are closed source wallet.

what does closed source mean? do they not share private keys with third parties? if that's what it means, but why was my personal wallet trust wallet hacked by someone even though I never gave or told anyone the private key and they stole all the assets in my wallet, even though I had installed all the security.. is there a great hacker who can penetrate the security of trust wallet or is the security system less secure?

SquirrelJulietGarden

hero member

Activity: 1442

Merit: 775

Quote from: Smartprofit on November 04, 2024, 11:24:44 AM

You can read more here -

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

Electrum wallet types.
Creating a cold storage wallet in Electrum.

Some important reminders to use Electrum wallet safely.
The paranoid user's security guide for using Electrum safely.

Bitcoin users must be careful with fund storage, no matter the fund is small or big. If they are careless with small fund, they will make their habit of careless storage so with big fund, they won't become more careful. Losing a fund is a loss, no matter it is big or small fund.

A beginner guide to Bitcoin security.
Securing your wallets.

CroverNo01

sr. member

Activity: 588

Merit: 269

Quote from: uneng on November 04, 2024, 12:01:19 PM

I have been using Trezor for some years already, and I have nothing to complain about it. It's accessible and easy to use, fulfilling its purpose as it should. I purchased mine for something around 150$, as far as I remember, but right now there are already more modern models of Trezor available. In my opinion it's an expensive wallet, but if you take into consideration the security it brings to the user, it totally worth the cost.

Trezor is suitable to mean our obligations in the market. The crypto space is wide and creating more timing to know our main objectives in the market. Everyone have their best crypto wallet in the space because they meet their ends properly. I'm sticking to the non-custodial crypto wallets because they're more placed safer when it comes to crypto portfolios. Our private 12 phrases are main setup for these wallets, we hold them firmly and kept in discrete location for our own safety, who knows what will happen if they happen to fall in the wrong hands.

tread93

hero member

Activity: 1386

Merit: 599

Quote from: purinZ14 on May 23, 2024, 07:21:41 AM

Just from the title alone… I wanted to ask what possibly the best wallet to hold bitcoin in?

Before anyone says that it depends on what I need specifically then here is what I am here for. I can not decide which one really is the best based on the things I want. First of all I plan on holding some bitcoin (not huge amount) for a foreseeable future. However I also plan on swapping it for usdt from time to time aka when the price is getting high. I need a wallet that has low fees when swapping , preferably decentralized and in mobile and is secure.

Any recommendations?

One that is super simple and just reliable is the HODL wallet 😎 now many folks may not use this wallet but I can vouch that they are in fact a very great wallet and I’ve been using them for a long time. Use a cold storage wallet though for the bulk of what you have I just like using HODL for smaller amounts and I like the layout

Z-tight

legendary

Activity: 994

Merit: 1089

Quote from: STINKYBEE on November 04, 2024, 11:41:32 AM

I see only the one major drawback in for using hardware wallet is if someone who kept all his bitcoin into his hardware wallet and something happenes to him either accident, loss of memory or even death then unfortunately, his family willl unable to access the wallet. In sort loss of funds. So, all in one seems kinda scary decision for the person who aims to hodl till long privately without sharing keys to their parents who can be trusted.

This is not a drawback, even if you use a software wallet and any of what you mentioned happens to you, nobody will be able to inherit your funds. If you are worried about inheritance, work on what works best for you in terms of inheritance plans, so a member of your family would be able to inherit your funds.

However, do not compromise security for anything, not even inheritance. First thing is to protect your funds, either through a hardware wallet or airgapped wallet, before considering any other thing.

uneng

hero member

Activity: 2044

Merit: 784

Leading Crypto Sports Betting & Casino Platform

I have been using Trezor for some years already, and I have nothing to complain about it. It's accessible and easy to use, fulfilling its purpose as it should. I purchased mine for something around 150$, as far as I remember, but right now there are already more modern models of Trezor available. In my opinion it's an expensive wallet, but if you take into consideration the security it brings to the user, it totally worth the cost.

STINKYBEE

jr. member

Activity: 15

Merit: 0

Edited out.

Smartprofit

legendary

Activity: 2338

Merit: 1775

Catalog Websites

Quote from: purinZ14 on May 23, 2024, 07:21:41 AM

Just from the title alone… I wanted to ask what possibly the best wallet to hold bitcoin in?

Before anyone says that it depends on what I need specifically then here is what I am here for. I can not decide which one really is the best based on the things I want. First of all I plan on holding some bitcoin (not huge amount) for a foreseeable future. However I also plan on swapping it for usdt from time to time aka when the price is getting high. I need a wallet that has low fees when swapping , preferably decentralized and in mobile and is secure.

Any recommendations?

In my opinion, the best option is the Electrum mobile wallet. You can download it from the official Electrum website.

This is an open-source project with a user-friendly interface that is very popular among Bitcoin users. You can even use a wallet based on two smartphones. The first smartphone will be autonomous (you will never connect it to the Internet). You will use it exclusively for signing transactions. The second smartphone will be used to view the transaction history and create transactions.

Such a bundle of two smartphones with the Electrum application installed on them provides maximum security (in fact, it is a cold wallet).

You can read more here -

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

Topic: Best Crypto Wallet (Read 1066 times)