Topic: Best Crypto Wallet - page 2. (Read 547 times)
I think Electrum is a great wallet. It's noncustodial, pretty easy to use, light and reliable, and completely free. But it's just for Bitcoin, no trading for USDT there. Others suggested that you can just trade when you need to, but store your BTC securely in the meantime. If you absolutely need swapping, there is Blockchain wallet. I've never had any issues with it personally, and they claim to be noncustodial, but op is likely to find a lot of distrust of it on the forum. Also, I think they now require KYC for swapping, which is a major factor to consider.
I think Bitcoin Core might be the best choice. There are many scammers online to steal your money so be careful.
Just from the title alone… I wanted to ask what possibly the best wallet to hold bitcoin in?
Best wallet for each person is individual demand and my favorite wallet might not be a best wallet for you because of your demand to use, store, exchange and avaialable OS.Recommended wallets
Choose your wallets
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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.
A not huge amount in value now can be valuable in future because Bitcoin will continue to grow in value and price. So when you store your bitcoins, always consider methods, wallets to store it safely. Quote
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.
To keep your bitcoin safely, store it in non custodial and open source wallet for Bitcoin only.Don't store it in wallets that can use together with altcoins and can swap to wrapped Bitcoin tokens or altcoins. It's risky and if you want to exchange your bitcoins, you can do it anytime with another wallet.
Wallet for trading, swapping must be different than a wallet you use to store main capital.
I forgot to mention that it should be in mobile if there is any.
I think you should try learning the Electrum Wallet. it is also available for desktop and mobile.Maybe you can find more information related to Electrum here. https://bitcointalk.org/index.php?board=98.0
Whatever wallet you use, they already have security standards. It's just that sometimes we as users make mistakes.
My advice is when you plan to store Bitcoin in larger amounts and long-term in the future. buy a hardware wallet.
Electrum is an open source wallet that is quite good to use, there is a lot of development going on and security is constantly being updated. I use it for my desktop and mobile. related to definite security issues, of course it depends on how we as users, whether we use it wisely or not. because security will be vulnerable when users don't think about their own security and tend not to care about the security of their wallets. Hardware wallets can be a very appropriate recommendation for vulnerable security problems and will be the main storage for your assets.
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, preferably decentralized, and is secure.
Any recommendations?
If you want a best decentralised bitcoin software wallet then it should be electrum wallet. and there are some other multi-chain support wallets like Trust Wallet, ImToken etc. But electrum will give you the most security of your bitcoins. But if your bitcoin amount is very large like 1 bitcoin or more then you should buy a hardware wallet. I think that would be almost everyone's opinion 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, preferably decentralized, and is secure.
Any recommendations?
These wallets are decentralized and open source,
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How can a wallet be decentralized? especially light wallets like Electrum and BlueWallet? These wallets use centralized servers to connect to Bitcoin nodes.
Maybe you meant non-custodial wallets?
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, preferably decentralized, and is secure.
Any recommendations?
Since you can easily swap or send them exchange for USDT, then Electrum wallet will be perfect for you or BlueWallet. Any recommendations?
These wallets are decentralized and open source, you will be responsible for any activity going on in the wallet because you will be the one holding and maintaining your private key which if you know more about wallet you will know by know that it is like your pin to your account which is your wallet.
I will recommend you to read about wallets, keys and address in this book so that you will understand how the wallet works and you will know the importance of your wallet private key.
Hmm, Bro first of all you need to be particular with the Bitcoin wallet as if you have a massive amount of Bitcoins accumulated you need the hardware wallet for the best security, and if you want to frequently access your coins and want to actively trade, on the same time if your funds are not too much-decentralized hoot wallets are also a good option here if you are a newbie I will recommend to use the user-friendly UI wallets such as Trust wallet if you are concerned about some more features Electrum ist he best solution you can even use it with your Hardware wallet.
I forgot to mention that it should be in mobile if there is any.
I think you should try learning the Electrum Wallet. it is also available for desktop and mobile.Maybe you can find more information related to Electrum here. https://bitcointalk.org/index.php?board=98.0
Whatever wallet you use, they already have security standards. It's just that sometimes we as users make mistakes.
My advice is when you plan to store Bitcoin in larger amounts and long-term in the future. buy a hardware wallet.
- So far the wallet I use is Trustwallet and unstoppable wallet, as of the moment I don't experience anything bad using the two wallets I mentioned op. But of course it's better to do some research on google so you can confirm if what is recommended to you here is legit.
It is better for us to be careful with the apps wallets we use if we are in the field of crypto space like this. Because everything we do here always has an attached risk.
Trust Wallet is a wallet that often has many problems that we have seen lately although I myself have never experienced it but so far avoided the wallet but if you store a small amount then it will not matter.It is better for us to be careful with the apps wallets we use if we are in the field of crypto space like this. Because everything we do here always has an attached risk.
Now there are many best wallets that are open source and certainly not owned by certain institutions such as exchanges, so for the time being choose BlueWallet and long term is hardware.
Yes it is true that there are many fake Dapps now but if they make sure the URL is valid and always check then they will not get caught in phishing.
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, preferably decentralized, and is secure.
Any recommendations?
Best wallet would always be offline wallets, ledger would always be my top choice for securing and holding my crypto.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, preferably decentralized, and is secure.
Any recommendations?
Sometimes I would also use a paper wallet if it is just a small amount and I know that I wouldn't hold it for a long time.
And for swapping BTC to USDT or other crypto, you could use Nano Ledger Live if you would choose ledger for your crypto.
We have a lot of options and everyone's choice is different but I prefer Bitget wallet, and trust wallet, however, Bitget wallet is one step ahead and enhances deposits in their own Dapp via the P2P method seems interesting to me.
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, preferably decentralized, and is secure.
Any recommendations?
You can use Bitpay wallet, it has all you want to do including ability to swap between bitcoin and vice versa. The fee is great and suitable for what you want to achieve except when the memepool is congested which then becomes a general problem. Besides, it is self-custodian meaning you are in full custody of the seed phrase as it is not stored by Bitpay. I would have recommended hardware wallets but from your post, it is obvious you are not holding for long, just buy low sell high kind of stuff. So Bitpay wallet is ideal for all that and from the review so far, I have not seen any bad reputation attached to it. 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, preferably decentralized, and is secure.
Any recommendations?
What I see is that people are giving recommendations on Electrum as well as many other wallets and Electrum is a perfect choice for storing bitcoin but that's not what OP is looking for . He was looking for a wallet that could directly exchange between bitcoin and USDT , and Electrum did not offer that feature .
I have never seen or used any wallet that features a direct exchange on the wallet, and is open source and non-custodial wallet . Is Bitpay an open source and non-custodial wallet? By the way, I saw the OP said that he is looking for a wallet for mobile version and does bitpay have a version for both iOS and Android operating systems currently?
There are several good bitcoin wallets where you can keep your bitcoins safely. You can store your bitcoins in hardware wallet or electrum wallet, I find these wallets safe. Electrum Wallet is a popular wallet that also offers an extra layer of security. It allows users to securely store their private keys and transact without the risk of being hacked online. Using this type of wallet for Bitcoin is very secure and can be trusted by any user. However, just as it is important to choose a secure wallet for storing bitcoins, it is your personal responsibility to protect your lock keys.
Electrum wallet is probably the best of the bunch, no doubts that it's going to be the first one in the list. Some of the few features that makes it stand out is that it's open-source so you know that you're not going to be a victim of wallets that are locking out the finds of their users and another feature that although not unique for a crypto wallet, they do it best, it's the sleek but simple to understand design for their wallet, you don't have to navigate to different places to be searching for thousands of things, it's a wallet that stores your bitcoin and you can use it to send your bitcoin to other addresses, that's it.
If it's for Bitcoin and it's not such a large amount, I think Electrum is fine to use, but if it's a large amount of bitcoin, of course I suggest you use a hardware wallet.
If you are referring to top crypto assets to accumulate and hold long-term, Trustwallet, Klevr, and Coinomi can be there; these are just a few that, for me, are good and have given
me a good experience.
If you are referring to top crypto assets to accumulate and hold long-term, Trustwallet, Klevr, and Coinomi can be there; these are just a few that, for me, are good and have given
me a good experience.
I tried Exodus and OWNR wallet, they are both good. But currently I'm using OWNR, there are a lot of other functions, like selling your crypto instead of exchanging it for USDT or buying gift cards.
Wasabi Wallet has the best privacy, it's available for desktop.
I forgot to mention that it should be in mobile if there is any.
Op, to me I will advice you go and search or browse what you are looking for because I don't really understand what is going on here, nobody wants to agree what the other person is saying, there's a lot of argument so I will advice you look for it yourself and then if anyone matches what they have mentioned here then know it's the right one because you can just possibly pick one and despise the other one that may lead you to mistake. But I see no reason why they should be arguing on this thread, in as much as I don't know the one that is good to use I wouldn't want to choose side but I will suggest they stop the argument so that someone who ask won't get confused or discourage the more.
You can go to this site there complete from hardware to software wallets. https://thebitcoinhole.com/
Owner's official link: 56 Hardware Wallets, compared feature by feature
For fees it depends on the network itself while Wallets do not specify fees so they usually only provide DEX features.
Owner's official link: 56 Hardware Wallets, compared feature by feature
For fees it depends on the network itself while Wallets do not specify fees so they usually only provide DEX features.
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