Best wallet - page 2. | Bitcointalksearch.org

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

Quote from: Tfolger on March 07, 2021, 07:45:39 AM

Who has the best wallet and why? Secure, trusting,easy to use etc...

The most trusted wallet is the official wallet. Bitcoin Core. Just it needs bandwidth, 350+GB of disk space (if not pruned) and time for the initial download.
Electrum is one of the SPV (simple payment verification) wallets which synchronized in seconds and has a lot of features. You'll have to make sure you download if from Electrum.org and verify it.
In order to minimize the chances to get your funds stolen, a hardware wallet can also be used.

Keep in mind that a wallet doesn't hold your coins, it's only a tool that allows you spend them. You have to keep safe the seed, private key and wallet file since else anybody else can spend your funds.

I use a hardware wallet together with Electrum on desktop and together with Mycelium on Android.

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Are you alright with security? Eg not forgetting passwords (writing them down is fine).

If so I'd suggest a wallet like electrum which means you control your coins fully.

If not you could go with a web exchange who may be able to handle your funds for you and offer added peace of mind for recovering your account if you're likely to lose your wallet mnemonic (electrum).

Bitcoin core is another option if you want to contribute to network propagation and reduce the amount of trust you have to put on others.
Web wallets are generally not a good idea (like blockchain.com) as they can be prone to more attacks - if you do use an exchange or Web wallet you might want to install a different browser on your computer for accessing it and not install plugins on that.

Also there's hardware wallets if you're storing large amounts of funds >$500 as they're considered to be more secure (normally encrypt able with a password and a pin).

Tfolger

newbie

Activity: 5

Merit: 0

Who has the best wallet and why? Secure, trusting,easy to use etc...

Topic: Best wallet - page 2. (Read 300 times)