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Topic: Bitcoin wallet rank (Read 385 times)

hero member
Activity: 2982
Merit: 610
February 11, 2019, 02:24:24 AM
#32
No rank, even newbie in the forum like you can use any wallet you want.
Personally I'm using an electrum wallet (segwit) as it only require cheaper transaction fee.
Don't use wallet in exchanges, they are friendly but they are not safe, and also transaction fee is high, ranging from BTC0.0005 to BTC0.0015.
member
Activity: 294
Merit: 53
February 10, 2019, 12:51:23 PM
#31
I'm amazed that nobody around has recommended Exodus, it's one of the best desktop wallets I've used till now!
copper member
Activity: 591
Merit: 55
February 10, 2019, 08:25:36 AM
#30
Hardware wallets: Ledger Nano S, Ledger Nano X, Trezor One, Trezor T
Web wallets: MyEtherWallet, MetaMask
Mobile wallets: TrustWallet, Opera browser with Crypto wallet
member
Activity: 210
Merit: 19
February 10, 2019, 02:43:27 AM
#29
Thank you all for the answers! I ask for the rank because I don’t wanna put all crypto in one wallet. I prefer to separate in several wallets. Personally, I think the exchange is not safe to keep our crypto.
It's a shrewd idea to spread your coins all across different wallets for maximum security,but also when you're using a hardware wallet,security is assured and it's safe to store your crypto coins in them,rather than diversifying them across lesser secure ones.
Choose a good hardware wallet and store up coins,you will have no problem doing that
full member
Activity: 924
Merit: 221
February 10, 2019, 01:39:24 AM
#28
There is no bitcoin wallet rank list but there is a discussion about which of the wallets are more secured in storing or keeping your bitcoin. If I were you I'd focus on finding a wallet secured like trezor or ledger nano s for example.
legendary
Activity: 2618
Merit: 6452
Self-proclaimed Genius
February 09, 2019, 09:56:11 PM
#27
Thank you all for the answers! I ask for the rank because I don’t wanna put all crypto in one wallet. I prefer to separate in several wallets. Personally, I think the exchange is not safe to keep our crypto.
Some of the previous list were actually exchange/payment processor or online wallet clients.
Say no more: Choose your wallet.
From there, (Based on my own reasons) I will tell you which is the best in my short opinion, or which is best suited for a specific use.
[I wont include some because I haven't used them, it's up to you to trust them]

List1: (Full node wallets)
Offers complete security as advertised by Bitcoin, huge disk space and bandwidth as well as technical knowledge required.
  • 1. Bitcoin Core
  • 2. Bitcoin Knots
  • 3. Armory (Least recommended)
.
List2: (SPV Clients)
Uses a third-party or a centralized server as the "validator" (full node).
  • 1. Wasabi - Second best choice from Electrum but with the current "scare", its centralized servers (nodes) may be "safer" until Electrum filtered out most of the bad servers.
  • 2. Electrum - The most functional Lightweight client available. If you're not a total "dimwit" and uses the Latest Version, you don't have to worry about the "current situation"
  • 3. Copay - Same as Wasabi but has different features.
  • 4. Bither (Not-updated or stalled since Apr 2018)

[Android clients not included]
full member
Activity: 1232
Merit: 186
February 09, 2019, 06:41:01 PM
#26
Thank you all for the answers! I ask for the rank because I don’t wanna put all crypto in one wallet. I prefer to separate in several wallets. Personally, I think the exchange is not safe to keep our crypto.
Good choice! Disseminating your assets into multiple wallets is good because you can avoid One time, Big time loss if ever the wallet you are using got hacked. However, this is hassle a little bit since wallets nowadays already required KYC which you need to fill up but nonetheless everything is beneficial as long as the wallets you choose are all legit. (But if you want to store verry big amount of coin then for me one cold storage is enough).

Good luck to you Smiley.
jr. member
Activity: 290
Merit: 1
February 09, 2019, 08:24:59 AM
#25
Thank you all for the answers! I ask for the rank because I don’t wanna put all crypto in one wallet. I prefer to separate in several wallets. Personally, I think the exchange is not safe to keep our crypto.
sr. member
Activity: 1008
Merit: 308
February 08, 2019, 12:32:43 PM
#24
That's great that there's another reliable wallet for us crypto users to store our coins in a safe wallet and besides I didn't say that Ethereum is not actually safe but we should consider the problem about the phishing attacks maybe not only in there but also in other wallets. Make sure you have installed some security in every trade you have made like Metamask and don't let anyone can access your account or sharing your private keys.
What are you talking about? It seems you are talking about ethereum wallets such as MEW and metamask. Did you read the OP problem's, he/she ask for recommended bitcoin wallet not ethereum wallet.
member
Activity: 337
Merit: 10
Bet2dream.com
February 08, 2019, 05:58:53 AM
#23
I'm not worried by the Electrum phishing attempts. If you get a message telling you to download a "new" Electrum version, just ignore it and switch servers.

In an ideal world everyone would use core. Here i have been running bitcoind to sync the blockchain, but by my guesstimates i will take me a whole month to sync... I simply want to run a full node, an Electrum server, and possibly a LN server; oh and a core wallet of course...

But for most people this is unacceptable, from a practical point of view, the light wallets are a necessary evil.

So my recommendations are:

Why would you recommend Electrum? it still under phishing attacks which I think still not safe to use.


I recommend bitcoin core wallet but this is not a lite version of bitcoin wallet like electrum but I found another wallet which recommended by our forum admin. Take a look at the post below.

Wasabi is probably the next best, though it's certainly missing a ton of features compared to Electrum. Nothing lightweight comes close to Electrum's features.

Wasabi recently passed bitcoin.org's strict criteria for being listed.
That's great that there's another reliable wallet for us crypto users to store our coins in a safe wallet and besides I didn't say that Ethereum is not actually safe but we should consider the problem about the phishing attacks maybe not only in there but also in other wallets. Make sure you have installed some security in every trade you have made like Metamask and don't let anyone can access your account or sharing your private keys.
legendary
Activity: 1638
Merit: 1046
February 08, 2019, 04:43:28 AM
#22
I'm not worried by the Electrum phishing attempts. If you get a message telling you to download a "new" Electrum version, just ignore it and switch servers.

In an ideal world everyone would use core. Here i have been running bitcoind to sync the blockchain, but by my guesstimates i will take me a whole month to sync... I simply want to run a full node, an Electrum server, and possibly a LN server; oh and a core wallet of course...

But for most people this is unacceptable, from a practical point of view, the light wallets are a necessary evil.

So my recommendations are:

Why would you recommend Electrum? it still under phishing attacks which I think still not safe to use.


I recommend bitcoin core wallet but this is not a lite version of bitcoin wallet like electrum but I found another wallet which recommended by our forum admin. Take a look at the post below.

Wasabi is probably the next best, though it's certainly missing a ton of features compared to Electrum. Nothing lightweight comes close to Electrum's features.

Wasabi recently passed bitcoin.org's strict criteria for being listed.
legendary
Activity: 2030
Merit: 1573
CLEAN non GPL infringing code made in Rust lang
February 07, 2019, 11:10:17 PM
#21
You could you whatever suits you, there is no wallet rank.

I was a huge fan of Electrum, but in past 9 months Electrum  had a lot of problems and I switched to Core. This is for small amounts only and everyday use. For larger amounts I'm using Ledger as a cold storage.

I'm not worried by the Electrum phishing attempts. If you get a message telling you to download a "new" Electrum version, just ignore it and switch servers.

In an ideal world everyone would use core. Here i have been running bitcoind to sync the blockchain, but by my guesstimates i will take me a whole month to sync... I simply want to run a full node, an Electrum server, and possibly a LN server; oh and a core wallet of course...

But for most people this is unacceptable, from a practical point of view, the light wallets are a necessary evil.

So my recommendations are:

hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
February 07, 2019, 10:20:17 PM
#20
Dears,
With so many bitcoin wallets are promoting themselves nowadays, I wonder if there’s a rank for them? Sometimes it’s difficult to choose what kind of wallet should be used.
If you do know which wallet is better, kindly recommend it. I may present a rank here with your recommendations.
Thank you!
I don't think that there is a bitcoin wallet rankings in the cryptocurrency world. Bitcoin wallet did have rank (let's put it this way) in terms of safetiness of the wallet. There are lots of bitcoin wallets yo choose from and one of it is trezor or ledger, it may require you to pay an amount to have your wallet available to use.
mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
February 07, 2019, 09:50:43 PM
#19
I get that you are just talking in generalities here, but I am curious as to what you consider to be "huge amounts" so as to warrant a hardware wallet and how you came up with the sub $500 in value suitable for a more economical mobile wallet (with the supposed implication that the higher security hardware wallet is not really necessary for anything below $500).   
$500 was just sort of a rough guess, so don't over-interpret that  Grin. Deciding when getting a hardware wallet is "worth it" really depends on the holder.

I'm going to guess your rationale is probably based on the cost of a Trezor or Ledger itself... If you only have $500 in BTC value - why would you spend roughly 20% of that on a more secure wallet when there are any other less expensive options out there?  Seems a bit expensive!
True! Though that's assuming that the person using the hardware wallet would not add more bitcoin/crypto to his/her wallet. But yea, if it's only $500 without any plans of adding more coins/tokens, then definitely not worth it. Again, hugely depends on the intentions of the holder.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
February 07, 2019, 04:35:09 PM
#18
Dears,
With so many bitcoin wallets are promoting themselves nowadays, I wonder if there’s a rank for them? Sometimes it’s difficult to choose what kind of wallet should be used.
If you do know which wallet is better, kindly recommend it. I may present a rank here with your recommendations.
Thank you!

Rankings is only based on users preferences as we have diffferent views and experiences on any wallets. In general, rankings should not be a factor when choosing but having a wide research of some good feedbacks on a certain wallet.

To avoid repeatitive responses given by other people here, try to search for a feedbacks of all wallets that will mentioned here. It's a must that you will not just follow what others suggested to you but to look for some details about it. This is to give you an idea on some wallet features resulting on additional knowledge about how wallet works.
full member
Activity: 490
Merit: 106
February 07, 2019, 03:14:03 PM
#17
Dears,
With so many bitcoin wallets are promoting themselves nowadays, I wonder if there’s a rank for them? Sometimes it’s difficult to choose what kind of wallet should be used.
If you do know which wallet is better, kindly recommend it. I may present a rank here with your recommendations.
Thank you!
There's no ranking for that because there are different uses for wallets and the best Bitcoin wallet depends on what the users needs. If what you need is a wallet that will hold your Bitcoins safely in long period of time then the best choice is a cold wallet (hardware or paper wallet) this is also best option if you are planning to hold huge amount of Bitcoins but if not, there are some alternatives like desktop/mobile wallets that will also give you full access of your wallet and private key, if you are a trader or likes to spend your Bitcoins then you need a hot wallet (exchange, online, web wallets) so you can transfer your coins easily, but will restrict you for having full access to your coins and you are letting them secure it for you, which is risky since those online wallet service providers are the targets of hackers. Will not recommend any as I haven't tried all of those and don't know which is better, also I don't know which user interface is more user friendly for you.
sr. member
Activity: 1008
Merit: 308
February 07, 2019, 03:06:51 PM
#16
I wonder if there’s a rank for them? Sometimes it’s difficult to choose what kind of wallet should be used.
Like the others said there's no rank on bitcoin wallet. Firstly you have to explain to us what device do you use to install bitcoin wallet, so we can make recommendation bitcoin wallet properly for you.

Quote
If you do know which wallet is better, kindly recommend it. I may present a rank here with your recommendations.
This is my recommendation wallet:

legendary
Activity: 2464
Merit: 3878
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 07, 2019, 03:00:31 PM
#15
You already have your answers from this topic however I would like to add an extra information. If you use a desktop wallet then use a multiSig wallet. Use two device for each keys. This will help you to keep your Bitcoin safe from the hacker.
hero member
Activity: 938
Merit: 502
February 07, 2019, 02:44:23 PM
#14
You could you whatever suits you, there is no wallet rank.

I was a huge fan of Electrum, but in past 9 months Electrum  had a lot of problems and I switched to Core. This is for small amounts only and everyday use. For larger amounts I'm using Ledger as a cold storage.
sr. member
Activity: 812
Merit: 251
February 07, 2019, 02:38:00 PM
#13
Dears,
With so many bitcoin wallets are promoting themselves nowadays, I wonder if there’s a rank for them? Sometimes it’s difficult to choose what kind of wallet should be used.
If you do know which wallet is better, kindly recommend it. I may present a rank here with your recommendations.
Thank you!

Most of the wallet now are not safe to use and very risky to adopt it especially for downloadable wallet in android.
So for crypto wallet instead of coinomi MEW(myetherwallet) is the best, I had been used this for a years then for Bitcoin
Electrum or multibit.hd are also better than anything else.
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