Topic: Bitcoin Wallet - page 2. (Read 334 times)

I think offline wallet are safer than any online wallet. Now a day, hackers or scams are roaming a lot to break your security. So i believe offline wallets are unbreakable.

I will suggest you to go with hardware wallets such as ledger or trazor.

Well,every wallet is safe but user should use those wallet safely because sometimes security depends on users,how the use their wallet privet key.And wallet i want to say that bitcoin official wallet blockchain is good,and there are also many wallet like MyEtherWallet ,Nano Ledger,Coinbase,Trezor, KeepKey
,Electrum ...That's all are good.

If you mean blockchain.info then you’re wrong. It’s an online wallet so can be hacked. Nowhere near as safe as Bitcoin QT or hardware & paper wallets.

I do use blockchain.info for smaller spends & have never had a problem with it but no way would I ever leave my main stash on an online wallet.

So maybe you are planning to buy hundreds or thousands worth of Bitcoin that's why you're looking for the safest wallet. There are lots actually, it's below...

KeepKey – Hardware Wallet
Nano Ledger S – Hardware Wallet
Trezor – Hardware Wallet
Coinbase – Hot Wallet
MyEtherWallet – Paper Wallet
Jaxx — Software Wallet
Electrum – Software Wallet

Why? It's here, https://blockgeeks.com/cryptocurrency-safe/

This question was answered lot many times before. You could have used the search function before posting the question.

A wallet doesn't hold your coins. It just holds the private keys. Private keys are the keys used for spending the coins. You can store the private keys in a online wallet or a software wallet or a hard wallet.

1. If you hold large balances of btc, I would advice you to stay away from the online wallets. Almost all the newbies would go for the online wallets since they don't need to download the whole blockchain which is around 150 GB of size. Online wallets comprises of exchange wallets, casino wallets etc. Most of the online wallets are subjected to hacks which will lead to the losing of your coins because online wallets control your keys. If you hold few satoshis, online wallets like blockchain.info may be good to go.

2. If you have a good PC with decent hard disk space, you can use Core or armory wallet whereas if you don't have hard disk space to sync the complete block chain, you can go for electrum.

3. On the other hand, if your crypto savings are large then you need to invest $100-120 and buy a hard wallet. Wallets like Ledger Nano and Trezor are good to go. In hard wallets you hold your keys in a USB drive which can be stolen only if you lose your hardware wallet.

4. If you are not ready to buy a hardware wallet and feel like stingy, create a paper wallet and store it in a safe place. Unless you don't know to create a paper wallet, stay away from it. Web wallets like green address are worth mentioning.

5. Mobile wallets like mycelium are good choice.

Some wallets like blockchain.info, mycelium still use legacy address where you need to pay high for transaction fees.

I think coinbase I also like them username for the Bitcoin wallet.coinbase have high security 2FA verification and safety wallet with me.it just with me now you would be like them.

But online is inherently not safe...

if you want to store your btc at online wallet then blockchain wallet is safe and also coinbase is good too.
u can use desktop wallet and also ledger nano wallet for storing btc.

A wallet is nothing but just a private key associated with the public key. You need the private key to spend the funds available in that wallet and hence you should take EXTREME precaution while choosing and using wallet. I believe that offline wallets maintained with proper security precautions is the best way to keep the funds secure. I am using paper wallet (less flexible) and Trezor wallet (little expensive as compared to the paper wallet) to store my 95% funds.

They are two types of wallet
Software wallet
Hardware wallet
If you gonna to use software wallet use block chain it provides best security to your wallet.Blockchain uses 2FA for authentication and provides more secure.
Else if you gonna use hardware wallet use trezor.Normally hardware wallet has more secure and advantages than software wallet.The hardware wallet the private keys are stored in the protected area of microcontroller so it cannot be transferred out of device as plain text.
Other than this hardware wallet provide more secure.

I dont know Because I dont have Bitcoin   but My friend says Ledger nano is from some hardware options of existing bitcoin wallets,Ledger has been creating hardware for Bitcoin security since 2014 and most importantly strong security is offered With Ledger Nano S, secrets like private keys are never exposed: sensitive operations are isolated inside your hardware wallet within a state-of-the-art Secure Element, locked by a PIN code.

You can use any wallet as long as they provide private key, im using 3 wallet now, coinomi, blockchain and mycelium, i spit my balance on it and keep the private keys in safe places

it's best to use a coinph or blockchain wallet to avoid hacking your wallet you also need it 2fa in your gmail and wallet sure your stack bitcoin can not even steal your wallet so it's also worth noting to sign up for links as well steal your bitcoin

I think the safest Wallet is Blockchain.
Blockchain is the 1st bitcoin wallet in the world and the most widely used. And being the first wallet to provide a crypto bitcoin storage facility, Blockhain is closely related to the current bitcoin economic growth.
Hopefully my answer helps you.

Can you suggest me what bitcoin wallet is the safest? and why?