It strictly depends on your needs. For example, if you mostly want to store bitcoins long-term than some offline wallet is the best choice (like Trezor or KeepKey - although they cost some money).
In case you want to use them every day or so, then choose a mobile or online wallet - check in https://blog.s-pro.io/most-popular-bitcoin-wallet-apps-and-how-do-they-work/ how many options you have. Probably Coinbase is the most spoken about. Well, it's up to you to decide now;)
Topic: Best wallet for keep bitcoin SAFE (Read 6867 times)
There are conceptually two broad categories of the wallets you are looking for.
1. Online wallets: In these wallets it needs you to connect to the internet and then save your stakes. However, you need to essentially keep your “private keys” secure to safeguard your hard earned BTC. A few to recommend would be Exodus, Electrum, Coinomi, Jaxx etc.
2. Offline wallets: On the other hand, in offline wallets, they are not just hardware wallets. Practically any wallet that never needs to connects to the internet to interact falls under this category. However, technically the moment you connect to the internet they no longer remain “Offline”. Here you just need to download the link and install it. A few to recommend would be Bitcoin Core, Bitcoin paper wallet, Ledger, Nano S, Trezor, Electrum, etc.
Now it is you who has to decide which one to choose. But generally as long as you can keep your private keys secure you could use either one.
1. Online wallets: In these wallets it needs you to connect to the internet and then save your stakes. However, you need to essentially keep your “private keys” secure to safeguard your hard earned BTC. A few to recommend would be Exodus, Electrum, Coinomi, Jaxx etc.
2. Offline wallets: On the other hand, in offline wallets, they are not just hardware wallets. Practically any wallet that never needs to connects to the internet to interact falls under this category. However, technically the moment you connect to the internet they no longer remain “Offline”. Here you just need to download the link and install it. A few to recommend would be Bitcoin Core, Bitcoin paper wallet, Ledger, Nano S, Trezor, Electrum, etc.
Now it is you who has to decide which one to choose. But generally as long as you can keep your private keys secure you could use either one.
Trezor, ledger hardware wallet and Cryptosteel to protect and secure your private key or mnemic words to restore your wallet
IF you really want to keep your coins safe you need to use a hardware wallet.
Nothing is more safe than that.. maybe a paper wallet in a safe, encoded.
Nothing is more safe than that.. maybe a paper wallet in a safe, encoded.
Every wallet is a good wallet to keep Bitcoin safe. There are no known vulnerabilities in the most widely used wallets. Things just depend on how you protect yourself and how much you get used to the wallet you use. No point in using an extremely secure wallet in a compromised security or using a very secure wallet that you don't know how to operate in order to fully secure it or a wallet you don't find handy to use.
I'm obviously already excluding web wallets, for reasons stated above
I don't get this either... What is everybody's fascination with web wallets. I can understand if people want to keep $20-$50 in BTC on an android wallet in case they have the chance to buy a hamburger with bitcoins or something. But other than that, all your coins should be securely stored (IMHO)
OP: the two safest options are paper wallets and hardware wallets (and maybe offline wallets), followed by desktop wallets (like core, multibit HD, electrum).
Web wallets are not safe, no mather which one you chose!
Oh people will start to listen... After they lose some BTC using a web wallet! The only way to safely store your balance is in a wallet you can put your hand on. I.E. a desktop wallet, harware wallet, or paper wallet.
I'm still a noob and trying to get up to speed. I've been using Armory with a paper backup. I'm searching around for a new wallet as it seems as if Armory may be having troubles. (I want to full research things before the proverbial sh!t hits the fan.) Am I missing the point about using a wallet like Armory? I thought that worked as a cold storage and that all you needed to do was to keep the blockchain up to date by running it once a week or so?
I also don't get it what's so good about web wallets when you have better and as fast wallets where you store keys yourself
As for Armory, it is a really, really good wallet software, but it is a bit advanced (I assume you're a new user, since you state you're a noob). Despite this, it's not impossible to start with Armory. You just have to try it and read about it. It may have a steeper learning curve but if you master Armory you're pretty much ready to use Bitcoin securely.
It works as cold storage if you have it on an offline computer and a watch-only wallet on an online computer.
They do, if you have a spare iDevice that you don't connect to the Internet, lol
This is not correct. 2FA on a web wallet doesn't guarantee you won't get your funds freezed.
I'm obviously already excluding web wallets, for reasons stated above
Maybe its time you stop using web wallets and try desktop wallets such as Electrum, which are much safer than any web wallet. Actually this has been suggested a lot but no body seem to listen.
I don't get this either... What is everybody's fascination with web wallets. I can understand if people want to keep $20-$50 in BTC on an android wallet in case they have the chance to buy a hamburger with bitcoins or something. But other than that, all your coins should be securely stored (IMHO)
OP: the two safest options are paper wallets and hardware wallets (and maybe offline wallets), followed by desktop wallets (like core, multibit HD, electrum).
Web wallets are not safe, no mather which one you chose!
Oh people will start to listen... After they lose some BTC using a web wallet! The only way to safely store your balance is in a wallet you can put your hand on. I.E. a desktop wallet, harware wallet, or paper wallet.
I'm still a noob and trying to get up to speed. I've been using Armory with a paper backup. I'm searching around for a new wallet as it seems as if Armory may be having troubles. (I want to full research things before the proverbial sh!t hits the fan.) Am I missing the point about using a wallet like Armory? I thought that worked as a cold storage and that all you needed to do was to keep the blockchain up to date by running it once a week or so?
I also don't get it what's so good about web wallets when you have better and as fast wallets where you store keys yourself
As for Armory, it is a really, really good wallet software, but it is a bit advanced (I assume you're a new user, since you state you're a noob). Despite this, it's not impossible to start with Armory. You just have to try it and read about it. It may have a steeper learning curve but if you master Armory you're pretty much ready to use Bitcoin securely.
It works as cold storage if you have it on an offline computer and a watch-only wallet on an online computer.
I like also http://breadwallet.com they have cold storage.
They do, if you have a spare iDevice that you don't connect to the Internet, lol
for online wallet i used blockchain with enabling 2factor authentication by telephone number . never lost bitcoin or get hacked or freezed .
This is not correct. 2FA on a web wallet doesn't guarantee you won't get your funds freezed.
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for online wallet i used blockchain with enabling 2factor authentication by telephone number . never lost bitcoin or get hacked or freezed .
i will check with https://www.bitgo.com/wallet
But for larger a mount of BTC hardware wallet is the best
thanks
i will check with https://www.bitgo.com/wallet
But for larger a mount of BTC hardware wallet is the best
thanks
Online wallets is better then dekstop wallets... what happen if you get virus on your pc? And you have dekstop wallet?
Dont exist fully safe wallet, but best online wallet is bitgo. Dekstop wallet i dont reccommend... that is not safe, i say you, online wallet have more safer than dekstop wallet.
Hardware wallet is very secure i think. But i love online I never lose my bitcoins....
Dont exist fully safe wallet, but best online wallet is bitgo. Dekstop wallet i dont reccommend... that is not safe, i say you, online wallet have more safer than dekstop wallet.
Hardware wallet is very secure i think. But i love online
I never lose my bitcoins....If its Electrum and you have the seed in a different PC, or storage HDD external or USB, you can recover your money. I am speaking for much safer environment than Windows. If you haven't saved your seed and haven't add a strong password, its your fault that your coins are gone then, but this scenario of a format pc and virus has slim chances to happen for example in Linux, Mac compared to windows.
I use xapo most because I find very easy to use. But understand that people want to be sure they don't run with your BTC. I like also http://breadwallet.com they have cold storage.
Hello everybody. I dont know for you, but i will never again use Xapo wallet or Coinbase wallet etc...
Maybe im not first who say that about some this wallet but some ifnromation about this wallet you can check here.
https://bitcoin.org/en/choose-your-wallet
Xapo and coinbase can freeze your bitcoin, spend etc.. without your permission.
I research and i think that BitGo is the best wallet for your bitcoin.
You have a lot of secure option for your account and for your wallet into your account and i love that very much. Also BitGo cant freeze your money.Only you have control.
That is now from me
thank you for your information.Maybe im not first who say that about some this wallet but some ifnromation about this wallet you can check here.
https://bitcoin.org/en/choose-your-wallet
Xapo and coinbase can freeze your bitcoin, spend etc.. without your permission.
I research and i think that BitGo is the best wallet for your bitcoin.
You have a lot of secure option for your account and for your wallet into your account and i love that very much. Also BitGo cant freeze your money.Only you have control.
That is now from me
so has coinbase or xapo frozen your bitcoin?
how do you know that? I'm gonna tell my friend about this because he doesn't wanna move on from coinbase
I've used several different wallets over the years, both on my Android phone and on my computer. It took me a long time to buy a hardware wallet, but I finally bought a Ledger nano. It was cheap and it works great. I can't believe I didn't go this route sooner. You can buy their cheapest hardware wallet for around $15 and it will keep your bitcoin safe.
Maybe its time you stop using web wallets and try desktop wallets such as Electrum, which are much safer than any web wallet. Actually this has been suggested a lot but no body seem to listen.
I don't get this either... What is everybody's fascination with web wallets. I can understand if people want to keep $20-$50 in BTC on an android wallet in case they have the chance to buy a hamburger with bitcoins or something. But other than that, all your coins should be securely stored (IMHO)
OP: the two safest options are paper wallets and hardware wallets (and maybe offline wallets), followed by desktop wallets (like core, multibit HD, electrum).
Web wallets are not safe, no mather which one you chose!
Oh people will start to listen... After they lose some BTC using a web wallet! The only way to safely store your balance is in a wallet you can put your hand on. I.E. a desktop wallet, harware wallet, or paper wallet.
I'm still a noob and trying to get up to speed. I've been using Armory with a paper backup. I'm searching around for a new wallet as it seems as if Armory may be having troubles. (I want to full research things before the proverbial sh!t hits the fan.) Am I missing the point about using a wallet like Armory? I thought that worked as a cold storage and that all you needed to do was to keep the blockchain up to date by running it once a week or so?
Maybe its time you stop using web wallets and try desktop wallets such as Electrum, which are much safer than any web wallet. Actually this has been suggested a lot but no body seem to listen.
I don't get this either... What is everybody's fascination with web wallets. I can understand if people want to keep $20-$50 in BTC on an android wallet in case they have the chance to buy a hamburger with bitcoins or something. But other than that, all your coins should be securely stored (IMHO)
OP: the two safest options are paper wallets and hardware wallets (and maybe offline wallets), followed by desktop wallets (like core, multibit HD, electrum).
Web wallets are not safe, no mather which one you chose!
Oh people will start to listen... After they lose some BTC using a web wallet! The only way to safely store your balance is in a wallet you can put your hand on. I.E. a desktop wallet, harware wallet, or paper wallet.
I'm still a noob and trying to get up to speed. I've been using Armory with a paper backup. I'm searching around for a new wallet as it seems as if Armory may be having troubles. (I want to full research things before the proverbial sh!t hits the fan.) Am I missing the point about using a wallet like Armory? I thought that worked as a cold storage and that all you needed to do was to keep the blockchain up to date by running it once a week or so?
Maybe its time you stop using web wallets and try desktop wallets such as Electrum, which are much safer than any web wallet. Actually this has been suggested a lot but no body seem to listen.
I don't get this either... What is everybody's fascination with web wallets. I can understand if people want to keep $20-$50 in BTC on an android wallet in case they have the chance to buy a hamburger with bitcoins or something. But other than that, all your coins should be securely stored (IMHO)
OP: the two safest options are paper wallets and hardware wallets (and maybe offline wallets), followed by desktop wallets (like core, multibit HD, electrum).
Web wallets are not safe, no mather which one you chose!
Oh people will start to listen... After they lose some BTC using a web wallet! The only way to safely store your balance is in a wallet you can put your hand on. I.E. a desktop wallet, harware wallet, or paper wallet.
Okay thank you.
Maybe its time you stop using web wallets and try desktop wallets such as Electrum, which are much safer than any web wallet. Actually this has been suggested a lot but no body seem to listen.
I don't get this either... What is everybody's fascination with web wallets. I can understand if people want to keep $20-$50 in BTC on an android wallet in case they have the chance to buy a hamburger with bitcoins or something. But other than that, all your coins should be securely stored (IMHO)
OP: the two safest options are paper wallets and hardware wallets (and maybe offline wallets), followed by desktop wallets (like core, multibit HD, electrum).
Web wallets are not safe, no mather which one you chose!
Oh people will start to listen... After they lose some BTC using a web wallet! The only way to safely store your balance is in a wallet you can put your hand on. I.E. a desktop wallet, harware wallet, or paper wallet.
Online wallets is better then dekstop wallets... what happen if you get virus on your pc? And you have dekstop wallet?
Dont exist fully safe wallet, but best online wallet is bitgo. Dekstop wallet i dont reccommend... that is not safe, i say you, online wallet have more safer than dekstop wallet.
Hardware wallet is very secure i think. But i love online I never lose my bitcoins....
Look at my post. I clearly explained that online wallets are much worst than desktop wallets. If you get a malware on your desktop, your online wallet will also get compromised. Insurance for online wallets do not cover loss due to user's incompetence. Dont exist fully safe wallet, but best online wallet is bitgo. Dekstop wallet i dont reccommend... that is not safe, i say you, online wallet have more safer than dekstop wallet.
Hardware wallet is very secure i think. But i love online
I never lose my bitcoins....
Online wallets is better then dekstop wallets... what happen if you get virus on your pc? And you have dekstop wallet?
Dont exist fully safe wallet, but best online wallet is bitgo. Dekstop wallet i dont reccommend... that is not safe, i say you, online wallet have more safer than dekstop wallet.
Hardware wallet is very secure i think. But i love online I never lose my bitcoins....
Dont exist fully safe wallet, but best online wallet is bitgo. Dekstop wallet i dont reccommend... that is not safe, i say you, online wallet have more safer than dekstop wallet.
Hardware wallet is very secure i think. But i love online
I never lose my bitcoins....SMH, I give up.
You know what, while you're at it, keep your fiat money with your neighbors/strangers house coz hey! what if you get burglars at your house, right?
Online wallets is better then dekstop wallets... what happen if you get virus on your pc? And you have dekstop wallet?
Dont exist fully safe wallet, but best online wallet is bitgo. Dekstop wallet i dont reccommend... that is not safe, i say you, online wallet have more safer than dekstop wallet.
Hardware wallet is very secure i think. But i love online I never lose my bitcoins....
Dont exist fully safe wallet, but best online wallet is bitgo. Dekstop wallet i dont reccommend... that is not safe, i say you, online wallet have more safer than dekstop wallet.
Hardware wallet is very secure i think. But i love online
I never lose my bitcoins....
Best of all is blockchain.info ! Transaction is very fast. Many transactions per day. Also a very old site and good feedbacks about this site.
Maybe its time you stop using web wallets and try desktop wallets such as Electrum, which are much safer than any web wallet. Actually this has been suggested a lot but no body seem to listen.
I dont understand why but I see this all the time. People, dont use web wallets!
Large amounts of Bitcoin and/or any coins I want to hold for awhile I keep in paper wallets. Any smaller amounts or what I plan to spend soon I move to wallets on my PC. The only time I keep coins on an online wallet is right after I buy them and they dont stay there long.
Bitgo is all right but with all the online wallets, it isn't secure enough. During the creation, even though 2 of 3 keys that are needed are created client side in the browser, malware can potentially capture the keys and thus having full access to the keys. Bitgo could also potentially change the code such that the site automatically sends the keys to the server without the user's knowledge.
That being said, hardware wallets or even raspberry pi with electrum, paired with electrum on an online computer would be a much better solution.
That being said, hardware wallets or even raspberry pi with electrum, paired with electrum on an online computer would be a much better solution.
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