Best Crypto Wallet - page 2. | Bitcointalksearch.org

AVE5

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Quote from: ? on November 04, 2024, 07:52:01 AM

Quote from: AVE5 on November 04, 2024, 07:22:44 AM

Exodus has the all time features you are requesting but remember it's a hot wallet otherwise I'd recommend you to electrum atleast regarding an utmost safety of your funds first before considering convenience user transaction interfaces.

What about using both, while having most funds poured into Electrum? Roll Eyes

Seams like a great choice.

Why'd you think it's right to have your funds stored on two different wallets? It's only advisable if you've different goals with the funds which means you'd have a short term and long term goals amongst them.
You also have to think about the risk factors involved such as management and security measures of how you can keep your seed phrases secured otherwise, I don't think it's advisable to have multiple wallet for your funds.

?

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Quote from: AVE5 on November 04, 2024, 07:22:44 AM

Exodus has the all time features you are requesting but remember it's a hot wallet otherwise I'd recommend you to electrum atleast regarding an utmost safety of your funds first before considering convenience user transaction interfaces.

What about using both, while having most funds poured into Electrum? Roll Eyes

Seams like a great choice.

FortuneFollower

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Quote from: Kruw on November 02, 2024, 06:31:48 AM

Quote from: Outhue on November 02, 2024, 06:15:50 AM

Will privacy feature makes your BTC wallet a lot more secured? The answer is no, privacy feature is only useful for those who needs them and that's when they plan to make some transactions in privacy.

Directly, no. Indirectly, yes. Privacy is a factor in security and censorship resistance:

- If someone does not know how much BTC you have, it makes it harder for someone to target you for attack
- If someone does not know where your BTC came from or where it is going, it makes it harder for someone to target you with censorship

I do think that it comes to mind when you do have what to worry about, then privacy is important to a person Grin

So, yes, of course, for many out there, privacy is a major thing when choosing a wallet.

AVE5

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Exodus has the all time features you are requesting but remember it's a hot wallet otherwise I'd recommend you to electrum atleast regarding an utmost safety of your funds first before considering convenience user transaction interfaces.

Kruw

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Quote from: Outhue on November 02, 2024, 06:15:50 AM

Will privacy feature makes your BTC wallet a lot more secured? The answer is no, privacy feature is only useful for those who needs them and that's when they plan to make some transactions in privacy.

Directly, no. Indirectly, yes. Privacy is a factor in security and censorship resistance:

- If someone does not know how much BTC you have, it makes it harder for someone to target you for attack
- If someone does not know where your BTC came from or where it is going, it makes it harder for someone to target you with censorship

Baki202

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Quote from: Popkon6 on November 02, 2024, 03:31:28 AM

Electrom wallet is the most secure wallet to hold bitcoins, this wallet is full of security and offline creation of this wallet. And this security system is very good, if you use it, this wallet is one of the most popular software wallets. Many common Bitcoin holders and those who do not have the money to purchase a hardware wallet can definitely use the Electrum wallet with ease.

However, no matter how big and strong the wallet is, the password of the wallet must be stored in a safe place, so that no one else can find the password of this wallet. The stronger the password of the wallet and the more secure the wallet is, the less likely it is to be hacked.

Electrum is one of the best wallets that anyone can recommend and that is why it is very recommended, and that is for bitcoin an if anyone wants other crypto assets then I will definitely recommend a trusted wallet and there is always peace of mind that is given when you know that your assets are kept safe, and that is what matters a lot because if you don't consider the safety of your assets then you are only opening your self to threat because the exchanges can't be trusted so it is better to go for what will keep you safe, so that you dont lose your money.

yes anyone with a wallet has to learn to keep their phrase safe because if you don't know how to keep it safe, there are people who still find it very difficult to store their see phrases because the password does not even matter the most important is the seed phrase. because we need a lot of things before we can start considering how self's as bitcoiners, and you have to master the skill of keeping your seed phrase safe.

Outhue

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Quote from: Kruw on May 23, 2024, 08:02:54 AM

Wasabi Wallet has the best privacy, it's available for desktop.

Will privacy feature makes your BTC wallet a lot more secured? The answer is no, privacy feature is only useful for those who needs them and that's when they plan to make some transactions in privacy.

Nothing beats Open source Cold wallet, offline wallet, the main threat is wallets with online access and custodial.

Popkon6

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Quote from: callmyname on May 26, 2024, 01:05:21 PM

Electrum is best. You can cold storage

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

Electrom wallet is the most secure wallet to hold bitcoins, this wallet is full of security and offline creation of this wallet. And this security system is very good, if you use it, this wallet is one of the most popular software wallets. Many common Bitcoin holders and those who do not have the money to purchase a hardware wallet can definitely use the Electrum wallet with ease.

However, no matter how big and strong the wallet is, the password of the wallet must be stored in a safe place, so that no one else can find the password of this wallet. The stronger the password of the wallet and the more secure the wallet is, the less likely it is to be hacked.

Forsyth Jones

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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?

There is no such thing as a low-fee bitcoin wallet, the fee depends on the current transaction flow of the network, the wallet is just a tool that allows you to store private keys (or descriptors) and some allow you to customize the sending fee.

I recommend Bitcoin Core for you, you can run it with or without pruning, if you want to exchange BTC for USDT, you can use https://exch.cx a swap exchange.

For USDT I can't recommend any, as I hardly use any other coin other than Bitcoin, but if you're going to use the ETH network, there's MEW... However, if you're going to use more than one currency besides Bitcoin, I recommend you get a Trezor right away.

Z-tight

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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.

Take note that BTC on-chain tx fee has nothing whatsoever to do with the wallet you use, but rather the state of the network as of the time you made the tx, the wallet only estimates the fee, but you can also manually set the fee you want to attach to your transaction. 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.

Agbe

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I think this is best okay in the wallet board. And users here have explained many different wallets for you base their experience and uses. And I will also suggest the ones I have used to you and you can choose one among the suggestion from other and if you like my suggestion as well. 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.

?

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There is a list of many crypto wallets here on https://argus-francs.fr/top-50-best-crypto-wallets-2024/. Well, there are no very precise details but there are the links and it remains for everyone to form an idea.

Amrit Tyagi

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If you are a crypto investor, then you need a good crypto wallet to store your cryptocurrencies with security. I think this is my go-to list for the best crypto wallets are

1. Zengo
2. Coinbase
3. Uphold
4. Ledger
5. Trust Wallet

This list comprises those who invest large amounts of money and will likely want to opt for a cold wallet as it’s more secure, while people who dabble in investing will likely be fine not spending the extra money and using a hot wallet.

If you want to know more about crypto wallet and which crypto wallet you should choose for securing your crypto portfolio, I will recommend [Cryptoreach[/b]]https://play.google.com/store/apps/details?id=io.cryptoreach&hl=en_IN]Cryptoreach[/b] Website for detailed news and analysis related to wallet and other crypto market thing on a regular basis.

lishilton

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As for me, checking out some crypto management platforms, and ledgerlivecrypto.com seems to be the real deal. It offers a ton of features for securely handling assets, which is exactly what I’ve been after. Looks user-friendly, too, which makes life easier when dealing with multiple coins. Feels like a good spot to set up and keep everything secure.

kamvreto

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MAaaN...!! CUT THAT STUPID SHIT

Quote from: reagansimms on May 25, 2024, 01:33:47 AM

~snip~Electrum is also very widely used by members on the forum, although some use other wallets to store Bitcoin because each member's choice depends relatively on which wallet they think is safer. Regarding security, it goes back to each user, only each individual can guarantee security depending on how much they care about the assets stored in the wallet.

Yes you are right about the security, all security depends on each user. Although the security of the wallet is enhanced if the user is careless then there is no point in such security. The use of hardware wallets will also be useless if you store phrases carelessly and can be known to others.

yudi09

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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?

My recommended Bitcoin wallet is Electrum, Blue Wallet is also included.
Electrum and Blue Wallet are wallets specifically for storing Bitcoin, not wallets that support more than one coin like other wallets mentioned in the discussion here.

Even if it's not a large amount, it's better not to use one wallet to store coins. Bitcoins should not be combined with other coins in the same wallet such as multi-coin wallets. If you ever want to exchange it, you can send it to the exchange address from the main wallet.
Fees, depending on conditions. Specifically for Bitcoin, it is not high if conditions are not constrained like now, high priority is only 12 sat/vB for transactions.

Z390

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Quote from: 0t3p0t on May 23, 2024, 11:12:10 AM

You can use Coinomi or Mycelium I think you can swap USDT right on the app if I am not mistaken. For fees, I think they are also customizable. Just don't use untrusted wallets or else your funds will be gone. I've been using those apps I've mentioned since 2017 and it's working well though I have never tried swapping USDT but with other coins yeah it's good.

OP wants a Bitcoin wallet, not a multi-coin crypto wallet like Coinomi, this is a bad choice, also Coinomi is not an open-source crypto wallet, I have lost my digital asset using that wallet before and at first, I thought the fault was all mine until later I started seeing other people having the same problem.

Crypto wallets Like Coinomi are a bad choice choice, if you really care about safety it is best to choose a open source non-custodial Crypto wallet, many people in this thread have already said the best ones, this doesn't count.

TRZEOR, Electrum, Blue wallet, Unstoppable, and every open source Bitcoin wallets out there are excellent choice, some called themselves open-source to mislead people, verify from people who have used such wallets before.

I verified that Electrum, Unstoppable, Trezor, Safepal, and Keystone are very reliable choices to store your Bitcoin.

Z-tight

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Quote from: Gladitorcomeback on May 25, 2024, 07:04:12 AM

When you are using online wallets either on your mobile phone or personal computer, you need to make sure that you don't download or install untrustworthy applications or anything, don't click unknown links, don't give access to your device to any app even if it's for a short period because these things can compromise the security of your device and funds.

If your wallet is installed in the same device you use to browse the internet, then it is prone to hacking and you cannot be too careful. You could download a phishing application or click on a link that has malware and lose your funds to scammers. Instead of trying to be too careful, store your funds in cold storage if it is worth so much, and use online wallets only for money you need for spending on the go.

callmyname

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Electrum is best. You can cold storage

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

dzungmobile

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Quote from: ChiBitCTy on May 25, 2024, 05:54:42 PM

I am shocked at the amount of false information and ignorance going around in this thread. Lets start for the worst place to hold your coins...exchanges.

Exchange accounts are not safe places to store any cryptocurrency.

Reminder: do not keep your money in online accounts

Quote

Then the second worse, hot wallets (mycelium, wasabi, coinomi etc).

People will have need to use hot wallets and it's not terrible if they know what to do. Store small fund in hot wallets to use, nothing more. Big and main fund must be in cold wallets.

Hot wallets, even hot, not safe in this format, must be open source wallets. If they choose close source wallets to use, it's bad.

Quote

I DO NOT recommend Ledger, they are garbage wallets

They have many data leaks and last year, they did something stupid by launching Ledger Recovery Service.

edger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities
Ledger Recover: What The Hell is Happening? With aantonop and lopp.

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