Best Crypto Wallet - page 3. | Bitcointalksearch.org

Forsyth Jones

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Quote from: Crypt0Gore on May 23, 2024, 09:51:17 AM

Bitcoin core is a bad choice for many beginners, I said this because OP stated that he is not even holding a lot of Bitcoin, but he planned to hold for the future, I doing someone like him can afford to run Bitcoin core and download that massive data.

It costs me $30 to get 300MB in my country every damn month and Bitcoin core requests over 500MB right now, that will cost a lot, since this is even Bitcoin we are talking about there are many good Bitcoin wallets out there now compare to alt crypto wallets.

I recommend Unstoppable wallet, everything OP asked for is present in this open source non-custodial Bitcoin wallet, Electrum is also a good choice but I can't recommend the Mobile version, it is too buggy, Unless OP has a laptop PC, but Unstoppable is available on mobile phones, the best ever for anyone looking for a Bitcoin wallet for mobile phones.

I don't think so, the OP can choose to enable pruning.

I use an internet of around 50MB and it's been able to download the blocks, I've been using this internet package for 3 years and it's been serving me well.
Unstoppable wallet is a good wallet for both bitcoin and the altcoins it accepts, but I'm not a big fan of these mobile wallets, the most I can recommend is Bluewallet for mobile.

If you can't use Bitcoin Core, use Electrum, you will always have community support as it's the most recognized desktop wallet.

It should also be taken into account that Bitcoin Core validates its own transactions through downloaded blocks, without depending on any third-party node, while in Electrum and other wallets, you depend on third-party servers that may be spying on your balances by labeling activities (some servers may be running by companies like chainanalysis). At electrum, you even have the option to use your own full node to validate transactions, but it requires some skills to install servers like electrs.

ChiBitCTy

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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. Then the second worse, hot wallets (mycelium, wasabi, coinomi etc). Then you've got hardware wallets which I highly suggest Trezor wallets. Some I know like BitBox, Cold Coin, and others ( I DO NOT recommend Ledger, they are garbage wallets). Then the ultimate form of cold storage is either air gapped PC wallets or paper wallets. These last two can be difficult to make and are not recommended for the masses.

goldkingcoiner

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OP, which crypto exactly do you mean? Not all wallets support all cryptocurrencies. Since you posted this thread in the Bitcoin discussion board, I assume you want a wallet for your Bitcoin? In that case I recommend electrum.

If you want a crypto wallet that supports other cryptocurrencies then I recommend only open source and non-custodial wallets like cakewallet. You could use a closed source wallet like Trustwallet but that requires the element of you trusting trustwallet, ironically.

dzungmobile

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

I use Electrum wallet on both mobile and PC and it works pretty well if you are not planning to hold a lot of funds in it. It is safe and secure as long as you keep your devices away from phishing attacks, malware, and other such stuff that could get access to your device and then get into the wallet software that you are using.

It's better if you use two different wallets with Electrum wallet software, one wallet for your PC and another wallet for your mobile phone/ device. Don't use a same wallet on both PC and mobile device because if one of two devices is compromised, you will lose all bitcoins.

Quote

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.

The warning is more. Verify your Electrum wallet too, before using.

[GUIDE] How to Safely Download and Verify Electrum
The paranoid user's security guide for using Electrum safely.

Gladitorcomeback

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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?

I use Electrum wallet on both mobile and PC and it works pretty well if you are not planning to hold a lot of funds in it. It is safe and secure as long as you keep your devices away from phishing attacks, malware, and other such stuff that could get access to your device and then get into the wallet software that you are using.

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.

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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?

It's not appropriate to give you names of the wallets as you have not listed the details on how you want to use that wallet and what type of transaction you'll do time to time using the wallet.

It's not a small thing rather it's a very important factor while choosing a wallet. Google can give you a list of the wallets you can use while storing BTc but you have to choose wisely between your needs.

FinePoine0

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In particular, no matter how strong the wallet is, if the key is not kept safe, the assets will not be safe. So as soon as we collect the wallet, the key must be carefully kept in a good safe place, maybe it is best to write it down in a diary page and keep it in a safe place. Because wallets can never be password protected in Google Drive. But keep your passwords as safe as you think safe. That's why you can choose either hardware wallet or software wallet.

highalch

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How small amounts? Exchange how often to USDT?

I would say, anything under a couple thousand dollars, I'd rather store it on some cheap blockchain (Polygon, Solana, etc) in the form of WBTC. Yes, it's not purely BTC on Bitcoin. I know. But your on-chain deposit/withdraw transactions would accrue a lot of unnecessary fees and eat up your profits.

reagansimms

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Quote from: kamvreto on May 24, 2024, 06:03:33 PM

Quote from: Awaklara on May 24, 2024, 01:27:25 PM

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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.

Security is the first thing that needs to be prioritized when storing large amounts of Bitcoin. Electrum is also one of the Bitcoin wallets that can be obtained for free and is open source. Electrum is also very easy to use and can access wallets on several different devices and uses the smallest unit standard in Bitcoin (mBTC). 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.

kryptqnick

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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.

cxtreenal

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I think Bitcoin Core might be the best choice. There are many scammers online to steal your money so be careful.

hd49728

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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?

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

Quote

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.

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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.

kamvreto

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Quote from: Awaklara on May 24, 2024, 01:27:25 PM

Quote from: purinZ14 on May 24, 2024, 12:26:22 AM

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.

leonair

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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, 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

Stalker22

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Quote from: Abu-Naim on May 24, 2024, 02:37:38 PM

These wallets are decentralized and open source,
~

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?

Abu-Naim

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

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.

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.

Hamza2424

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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.

Awaklara

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Quote from: purinZ14 on May 24, 2024, 12:26:22 AM

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.

ajiz138

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Quote from: Mr. Magkaisa on May 23, 2024, 08:43:27 AM

- 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.

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.

GideonGono

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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, 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.
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.

Topic: Best Crypto Wallet - page 3. (Read 980 times)