Topic: Bitcoin Wallet (Read 334 times)

Just because it's the most widely used does not mean that it is the safest. blockchain.info is, with its security, still a web wallet. I use Electrum as it is feature-full, but I recommend buying a Trezor or Ledger hardware wallet, because of its security: the privkeys never leave the hardware device. The good thing is that you can use Electrum with a Trezor or a Ledger, and this allows you to have the security of a hardware wallet, and at the same time, take advantage of Electrum's features: the ultimate combination.

My suggestion to use BlockChain.info
Because BlockChain.info is the most widely used bitcoin wallet.
This wallet is easy to make, does not require special tools, can be accessed from anywhere simply by using a web browser. Its features are quite advanced.
Because this wallet is the most widely used.

Currently using Trezor. It is a great wallet. Security for hard wallets will be the best out there outside of paper.

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what the hell is this?

blockchain.info (soon moves to blockchain.com) is hardly the safest wallet
it is undoubtedly the most widely used web wallet because its easiness to use

IMO, Hardware wallets would be the safest, https://en.bitcoin.it/wiki/Hardware_wallet
they are deemed as safest because private keys never leave the device
although you can still lose your coins if your pc has been compromised by clipboard virus/malware
Trezor and Ledger wallets are the two most popular hardware wallets

I agree to what you said cause Trezor is #1 hardware wallet because they keep up their track and i would rather go for it than using Ledger Nano S wallet which usually have some certain fault.

Why do you think that TREZOR is "one class lower"? The number of supported coins isn't the only thing that defines a good hardware wallet. Ledger released more expensive device before TREZOR and they haven't kept it up-to-date. Now, they are trying to make up for it. I would rather use a wallet with open-source software and some advanced features rather than the one with ton of altcoins. It all depends on your use case.

Is there any real competition for Ledger Nano S ?

We are yet to see some good multi coin wallet,
and Trezor is one class lower for now

If you ask my suggestion then I'll go for the blockchain as the safest bitcoin wallet. It is the first & mostly used wallet. The blockchain is the first bitcoin wallet with promising storage facility & is very closely related to the current bitcoin economic growth.

I agree with so many that blockchain wallet would be better for you. And assure the security of related accounts with two factor auth. But I think offline wallet would be the best option. Its security is high that might not be breakable by hackers.

What is a safe and secure wallet for you? The one that requires your password and 2FA to spend from it? You should consider using at least a software wallet which is far more secure than a web wallet. It allows you to save your private key which is used for signing transactions.


Enjoy your overpaid withdrawal fees. You should consider using a wallet which allows you to set your own transaction fee.


SegWit has been with us for a few months and it's a shame that they haven't implement it yet. Also, your wallet has nothing to do with the transaction speed. It all depends on miners and the number of unconfirmed transactions.

Coinbase wallet is the best wallet to use. Iam using it for long time. Still i didnt face any problem in that, this wallet is very safe and secure wallet to store coins for future. The transaction fee is very low when compared to other wallets. It supports four coins now and soon it will support segwit address for transaction. It has high transaction speed and very friendly wallet to use. It suits for both andriod and desktop so user can use it anywhere.

This depends.

A server of an online wallet provider can be hacked. A desktop wallet itself can not be hacked.

But what usually happens is that your computer gets compromised. And once an attacker has control over your computer, he can do whatever you can.
So if you are opening a wallet (desktop- or online-) on an infected PC and enter the password to unlock it, and you are able to sign transactions the attacker also is able to create transactions (most probably way faster than you can react).

If you are in possession of a hardware wallet on the other hand, it always requires you to physically confirm the transaction on the hardware device itself.
This eliminates most attack vectors (if you dou conscientious check the address you are sending to).


Generally, every wallet can be 'compromised'. Some relatively easily and some only with the exploitation of several (yet) unknown vulnerabilites in a strict order which practically is not efficient to perform.

Cold storage (hardware wallet, air-gapped wallet, paper wallet) is always way safer and more secure than hot wallets (destkop-, mobile-, online- wallets).

The hardware wallets are the safest. They serve offline and have the minimal chance of getting hacked. Ledgers, Trezor etc are some of the best hardware available.

Actually there are many wallets to use. But I think block chain will be the best as it is the first wallet of the bitcoin and it used in a wide range. It has good security system also. There is another wallet, named ledger Nano, which also earning popularity among the users. You can choose any of these two as per my opinion.

Bitcoin wallets are most of them are secured but if you wants to more security then you can use bitcoin hardware wallet it will be more beneficial for you also it made for give you security based on this in web you can found various types of wallet info which will help you.

Is there a posibility that a btc wallet can hack?

The best safe wallet is bitcoin core but it needs to download the whole blockchain just make sure you save all private keys or seed phrase if you make a wallet for safety keep your private keys or seed phrase in the piece of paper that you can put in your pocket.

The other best bitcoin wallet is hardware wallets like trezor and ledger nano s and electrum wallet which is the best option if you want to save your bitcoin for a long time because I haven't experienced any issue about this wallet just always make sure that you put an extra layer of security like adding a password to encrypt your wallet.dat.

You can use blockchain wallet with all 2fa for related account. But offline wallet would be more safe, I think.

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?