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Topic: best wallets to use (Read 505 times)

hero member
Activity: 2590
Merit: 644
July 01, 2019, 10:52:59 AM
#30
Thanks for sharing my friend, since I started dealing with bitcoin I  used different wallets as xapo wallet coinbase and now I'm using blockchain and I don't know if it's really the best choice as an online wallet or there's a better wallet and if someone can help me especially the lowest fees wallet.
^ Nah, for me I never preferred to use a web wallet when storing my bitcoin safe. I used them sometimes when I am going to exchange my bitcoin into fiat but staying longer time I never do that. I'd choose Electrum wallet, I think it is the safest wallet for bitcoin even you stored in a long time as long as you have your password and private key. I always remember this, once you did not own your private key in bitcoin wallet then, that does not belong to you.
member
Activity: 179
Merit: 40
June 30, 2019, 03:10:09 PM
#29
Thanks for sharing my friend, since I started dealing with bitcoin I  used different wallets as xapo wallet coinbase and now I'm using blockchain and I don't know if it's really the best choice as an online wallet or there's a better wallet and if someone can help me especially the lowest fees wallet.
full member
Activity: 1638
Merit: 122
June 29, 2019, 11:11:24 AM
#28
And for mobile wallet, Coinomi is one of the best mobile wallets that supports multiple cryptocurrencies.

I love coinomi wallet. It was one of the first wallets I ever used it. It's getting improved every month.

I am sad to know it's closed source, which is the only downside of this Wallet for me.
I use the coinomi wallet but for a multi cryptocurrencies wallet their code isn't expected to be open source,more especially if the company had invested alot of money to the app developed... keeping it closed source for now is the only sure way to recover some of its costs incurred AFAIK.
 
All in all the coinomi wallet is still recommendable to anyone that wants a go at it especially that private keys can be easily accessed.


Im a coinomi wallet user before but i stop using them until i found that this wallet cant be used on bounties and airdrops because they didnt support erc20 coins  . i also found out that coinomi wallet has an extremely high transaction fees  .

 and i didnt think that you can obtain your private keys with them but private key isnt really my priority  . now im only using myetherwallet as its supports all erc20 coins  and i use electrum for my btc and because electrum do also have a segwit .
member
Activity: 891
Merit: 43
Random coins :)
May 21, 2019, 01:37:30 AM
#27
And for mobile wallet, Coinomi is one of the best mobile wallets that supports multiple cryptocurrencies.

I love coinomi wallet. It was one of the first wallets I ever used it. It's getting improved every month.

I am sad to know it's closed source, which is the only downside of this Wallet for me.
I use the coinomi wallet but for a multi cryptocurrencies wallet their code isn't expected to be open source,more especially if the company had invested alot of money to the app developed... keeping it closed source for now is the only sure way to recover some of its costs incurred AFAIK.
 
All in all the coinomi wallet is still recommendable to anyone that wants a go at it especially that private keys can be easily accessed.
legendary
Activity: 1582
Merit: 1031
April 23, 2019, 10:01:01 AM
#26
yes exodus.io is very great iam using them for my altcoins .
But with xapo i made bad expiriance about 3 years ago .


regards
legendary
Activity: 1638
Merit: 1046
April 23, 2019, 08:55:16 AM
#25
Over the years, investors have faced a common problem of locating the safest and convenient medium to store their cryptocurrencies after purchasing them from the exchange websites. We have, therefore, compiled some of the best cryptocurrency wallets that offer storage services for multiple coins.Please suggest me some multi wallets to store my tokens.

I hope that you know how to backread they already mention what you need like the hardware wallets it supports most of the altcoins and token.
But if you are looking for other wallets I have other option to use.

You can check Coinomi wallet and Zelcore wallet both of these support multiple crypto including ERC20 token but not all ERC20 token are supported.
jr. member
Activity: 92
Merit: 1
April 23, 2019, 06:49:27 AM
#24
Over the years, investors have faced a common problem of locating the safest and convenient medium to store their cryptocurrencies after purchasing them from the exchange websites. We have, therefore, compiled some of the best cryptocurrency wallets that offer storage services for multiple coins.Please suggest me some multi wallets to store my tokens.
hero member
Activity: 2310
Merit: 757
Bitcoin = Financial freedom
April 18, 2019, 01:53:02 PM
#23
My mistake. I don't like Blockchain.com/Blockchain.info because it's a web wallet, but yep you can control your funds because you have your private key etc. In my opinion, owning your own private key is still risky if you use a web wallet, you can get phished, got dns hijacked, etc. Of course it does not always happens, however the risk is too high for me.
You're absolutely right, web wallets is least safe to use, even if you have full control of your coins there. Phishing is a big probkem when we talk about web wallets and lot of people lose money because of it. If people choose to use web wallets, they shouldn't keep big amount of crypto there.

If you have very limited coin and do the daily trading or short term then can use some of the best web wallets available and store it in multiple wallets so that you can do not store everything under one wallet . Also if you do not want to use frequently then offline is the best way to safeguard it.

If our wallet is not safe means we need to change the wallet,diversing all funds into more unsafe wallet cannot be the best solution.It is just like simply throwing all money and expect the scammers to pick some and run with it. Cheesy
full member
Activity: 812
Merit: 142
April 08, 2019, 01:39:02 AM
#22
My mistake. I don't like Blockchain.com/Blockchain.info because it's a web wallet, but yep you can control your funds because you have your private key etc. In my opinion, owning your own private key is still risky if you use a web wallet, you can get phished, got dns hijacked, etc. Of course it does not always happens, however the risk is too high for me.
You're absolutely right, web wallets is least safe to use, even if you have full control of your coins there. Phishing is a big probkem when we talk about web wallets and lot of people lose money because of it. If people choose to use web wallets, they shouldn't keep big amount of crypto there.

If you have very limited coin and do the daily trading or short term then can use some of the best web wallets available and store it in multiple wallets so that you can do not store everything under one wallet . Also if you do not want to use frequently then offline is the best way to safeguard it.
copper member
Activity: 2828
Merit: 4065
Top Crypto Casino
March 31, 2019, 05:11:05 AM
#21
There are people still using Xapo?  Shocked

There is no "best wallet" simply because the best is the one that fit your needs. As we have different needs or different preferences we may have each our best wallet. It's up to people to try depending on what they're looking. OP should have at least categorized the wallet types (web-based wallet, hardware, software, paper,...)
legendary
Activity: 2268
Merit: 18509
March 30, 2019, 02:32:23 PM
#20
-snip-
The difference here is that you are an experienced user who is well aware of the risks of using a web wallet, has taken steps to minimize these risks, and is prepared to accept the loss of your coins being stored in the web wallet should it be hacked or otherwise compromised. The problem is that many web wallets advertise themselves as a complete, all-in-once service for storing all of your crypto, while (admittedly) also being quicker and easier to set up than a hardware or paper wallet. Many newbies continue to buy in to this advertising, storing all their coins on a web wallet with the same weak password they use for their email, Facebook, Reddit, and who knows what else, and then blame all of crypto when they are inevitably hacked.
legendary
Activity: 1624
Merit: 1129
Bitcoin FTW!
March 27, 2019, 07:30:06 PM
#19
Web wallets are great for use as hot wallets and I primarily use them for that purpose. I keep a trivial amount of money on my Blockchain wallet for daily use with the Blockchain app, and it's much more convenient than using another sort of wallet. I've had my Blockchain wallet compromised in the past, but that was entirely my fault as I was using a password that I used on another site that had its passwords leaked. Wasn't a big deal because I wasn't using the wallet as my main form of storage though. As long as you use a unique and reasonably long password and you don't keep a large amount of money on a web wallet, they can be just fine.
legendary
Activity: 3038
Merit: 1330
Slava Ukraini!
March 27, 2019, 05:12:05 PM
#18
My mistake. I don't like Blockchain.com/Blockchain.info because it's a web wallet, but yep you can control your funds because you have your private key etc. In my opinion, owning your own private key is still risky if you use a web wallet, you can get phished, got dns hijacked, etc. Of course it does not always happens, however the risk is too high for me.
You're absolutely right, web wallets is least safe to use, even if you have full control of your coins there. Phishing is a big probkem when we talk about web wallets and lot of people lose money because of it. If people choose to use web wallets, they shouldn't keep big amount of crypto there.
legendary
Activity: 2170
Merit: 1789
March 27, 2019, 03:52:54 AM
#17
First of all it's not Blockchain, it's Blockchain.com, I think we need to use accurate names to avoid confusion. I'm not saying that it's worth to use Blockchain.com wallet, but actually you have control of your coins on this wallet because there you recovery phrase.

My mistake. I don't like Blockchain.com/Blockchain.info because it's a web wallet, but yep you can control your funds because you have your private key etc. In my opinion, owning your own private key is still risky if you use a web wallet, you can get phished, got dns hijacked, etc. Of course it does not always happens, however the risk is too high for me.
legendary
Activity: 3038
Merit: 1330
Slava Ukraini!
March 26, 2019, 07:02:48 PM
#16
I love coinomi wallet. It was one of the first wallets I ever used it. It's getting improved every month.

I am sad to know it's closed source, which is the only downside of this Wallet for me.
I also use Coinomi for a long time without any complaints. But I think it's worth to say that there was one security issue on Coinomi some time ago:
https://www.google.com/amp/s/cointelegraph.com/news/coinomi-wallet-addresses-vulnerability-concerns/amp

That is not a reason to call them the best wallets to use. I prefer a wallet where only me can have full control. I personally won't add Coinbase, Blockchain, or something similar to this list.
First of all it's not Blockchain, it's Blockchain.com, I think we need to use accurate names to avoid confusion. I'm not saying that it's worth to use Blockchain.com wallet, but actually you have control of your coins on this wallet because there you recovery phrase.
legendary
Activity: 2170
Merit: 1789
March 25, 2019, 10:15:41 PM
#15
I'm sure coinbase is a wallet and a exchange site, I checked there website there's a option for a wallet

That is not a reason to call them the best wallets to use. I prefer a wallet where only me can have full control. I personally won't add Coinbase, Blockchain, or something similar to this list.
legendary
Activity: 2212
Merit: 5622
Non-custodial BTC Wallet
March 25, 2019, 07:57:49 PM
#14
And for mobile wallet, Coinomi is one of the best mobile wallets that supports multiple cryptocurrencies.

I love coinomi wallet. It was one of the first wallets I ever used it. It's getting improved every month.

I am sad to know it's closed source, which is the only downside of this Wallet for me.
legendary
Activity: 3234
Merit: 2943
Block halving is coming.
March 25, 2019, 07:46:03 PM
#13
These are the best wallets to use for all your different coins
greenaddress.it/en/
electrum.org
It is the first time I know that both of these wallets support more than one cryptocurrency [Bitcoin].
If you want to choose a Bitcoin wallet, check this list -----> https://bitcoin.org/en/choose-your-wallet

For multi-cryptocurrency wallets: It is difficult to create a detailed list where many wallets are closed source>
Best:
trezor.io (http://trezor.io)
ledger.com/pages/ledger-live (http://ledger.com/pages/ledger-live)
exodus.io (http://exodus.io)


I just want to add these 2 wallets that you can use for multiple cryptocurrencies.

For hardware wallet, Keepkey is one of another wallet that has a different security feature.

And for mobile wallet, Coinomi is one of the best mobile wallets that supports multiple cryptocurrencies.
legendary
Activity: 2506
Merit: 3645
Buy/Sell crypto at BestChange
March 25, 2019, 11:18:49 AM
#12
These are the best wallets to use for all your different coins
greenaddress.it/en/
electrum.org
It is the first time I know that both of these wallets support more than one cryptocurrency [Bitcoin].
If you want to choose a Bitcoin wallet, check this list -----> https://bitcoin.org/en/choose-your-wallet

For multi-cryptocurrency wallets: It is difficult to create a detailed list where many wallets are closed source>
Best:
trezor.io (http://trezor.io)
ledger.com/pages/ledger-live (http://ledger.com/pages/ledger-live)
exodus.io (http://exodus.io)
newbie
Activity: 84
Merit: 0
March 21, 2019, 07:13:57 PM
#11
OP, when you're making threads like this one, put some effort. Now you just posted some links in random order without any details about wallet. It doesn't help to decide which wallet to use at all. You need to specify type of wallet (web, desktop, hardware) and explain which one are best to use. For example web wallets aren't recommend to use, while paper and hardware wallets are safest to use, desktop wallets is optimal for most users, but it doesn't gives maximum security.
P.S. FYI Bitpay and Bitgo isn't a wallets at all, it's crypto payment proccessors for business. And it's not Blockchain.info anymore, it's Blockchain.com
I've edited the thread and I'm on a phone making this thread and im not the best at using one
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