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Topic: Do you use multiple Bitcoin Wallets to store your Bitcoins? - page 11. (Read 10935 times)

sr. member
Activity: 406
Merit: 250
I have no big amount of money to make mutiply bitcoin wallets, but i know that people with good money doing it to save their money more safty.
hero member
Activity: 966
Merit: 507
I have several accounts in different wallets, but to be honest I an carrying out most of my transactions through one of them, because I prefer to keep things easy to avoid confusions, although my other wallets could be helpful in case that my bitcoins and transactions grow.
legendary
Activity: 1512
Merit: 1000
Yes, I use multiple bitcoin wallets to store my bitcoins. I do it for a number of reasons. For one, it helps me keep track of/budget my coins. I have several online and offline wallets for savings/hodling, a wallet for miscellaneous spending, a wallet for gambling, a couple of wallets that I use for receiving payments from various sources, along with a few more wallets I keep for specific purposes.

Also, having my bitcoins in various different wallets both online and offline means that I can't lose all my bitcoins in one fell swoop - either from someone hacking my shit or from me being careless.
legendary
Activity: 1414
Merit: 1002
= jasad =
Hey guys,

I was wondering if you keep all your bitcoins in one wallet, or do you use multiple providers/accounts?

I am currently using 3 different wallets, it kinda feels safer not to store everything in once place...

Thoughts?

MC  Smiley

Right now I am using 2 multiple wallets 1st is bitcore and the one is a wallet from exchange platform. I keep it for awhile in the exchange it is because I invested there in different altcoins and once I multiple  it for 100x I'll transfer it to my wallet in bitcoin core. that's it very simple. Grin
never strored online too much it could hurt you later ,
we can not believe anybody online ,
using bitcoin qt are the safest and anonymous way to store your bitcoin ,
only fill the online wallet with a daily use amount.
sr. member
Activity: 394
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Yep i am using now two online wallets which xapo wallet and my local bitcoin wallet coins.ph. they are really useful cause they store my satoshis securely and also for converting it to my currency. I only have problem with these wallets coz these wallets should not have any transaction with gambling coz im gonna get banned. This is scary.
a lot of people use different wallets just like you though i dont see the purpose for that, i think it is just better to use one address because it is easier
hero member
Activity: 644
Merit: 500
I use multiple bitcoin wallets because I have some of my bitcoins on online wallet and for that I keep them in different wallets for the security and also I have doubt that if an online wallet go down for a while then I will not be denied from my bitcoin in any emergency.
hero member
Activity: 686
Merit: 500
I am using three wallets at the moment alternatively I have my bitcoins at various places as an investment so basically my bitcoins are diversified. I haven’t used any offline wallet so far but I am going to try it soon. My major wallet is with a service provider where I store my purchased bitcoins, I rarely keep my all bitcoins at one place and especially after such incidents of wallet providers hacking news I will stay refrain from keeping all eggs in one basket.
I'm using three wallets as well. I have an offline wallet which I store most of my coins for convenience, an online wallet which I receive my coins from various services that I do including the signature campaign and I also have another online wallet which is from an exchanger but I never leave any coins there overnight. I only put in coins whenever I am to use them and after I'm done, I withdraw the coins.
I actually have 4 wallets- two for long-term storage and two for short-term. I like splitting my cold wallet up as it reduces losses if one is hacked, and the other two are used for everyday transactions. The way I see it, the more wallets, the more recovery codes you need to keep, but the more security you'll have.
hero member
Activity: 1148
Merit: 527
I am using three wallets at the moment alternatively I have my bitcoins at various places as an investment so basically my bitcoins are diversified. I haven’t used any offline wallet so far but I am going to try it soon. My major wallet is with a service provider where I store my purchased bitcoins, I rarely keep my all bitcoins at one place and especially after such incidents of wallet providers hacking news I will stay refrain from keeping all eggs in one basket.
I'm using three wallets as well. I have an offline wallet which I store most of my coins for convenience, an online wallet which I receive my coins from various services that I do including the signature campaign and I also have another online wallet which is from an exchanger but I never leave any coins there overnight. I only put in coins whenever I am to use them and after I'm done, I withdraw the coins.
hero member
Activity: 1022
Merit: 500
Hey guys,

I was wondering if you keep all your bitcoins in one wallet, or do you use multiple providers/accounts?

I am currently using 3 different wallets, it kinda feels safer not to store everything in once place...

Thoughts?

MC  Smiley

Right now I am using 2 multiple wallets 1st is bitcore and the one is a wallet from exchange platform. I keep it for awhile in the exchange it is because I invested there in different altcoins and once I multiple  it for 100x I'll transfer it to my wallet in bitcoin core. that's it very simple. Grin
hero member
Activity: 1190
Merit: 534
I am using three wallets at the moment alternatively I have my bitcoins at various places as an investment so basically my bitcoins are diversified. I haven’t used any offline wallet so far but I am going to try it soon. My major wallet is with a service provider where I store my purchased bitcoins, I rarely keep my all bitcoins at one place and especially after such incidents of wallet providers hacking news I will stay refrain from keeping all eggs in one basket.
hero member
Activity: 1022
Merit: 538
I use 2 wallets to store my Bitcoin. One of them is a coinbase wallet and the other one is my ledger wallet. Coinbase is for my phone and quick transactions and my ledger wallet is for long term saving.
sr. member
Activity: 292
Merit: 250
I have only blockchain wallet registered in. I read view of this wallet. People have said this to be well secured. They say we can have so many accounts linked to this particular wallet alone. They do not charge much for it. It says once an address is used for either transfer or withdrawals, a new address is generated for the same account so that we can have a track of how much we have saved. Good place to be part of. Thank you blockchain.


Hi, upon reading you comment, I've found out that you are only using blockchain wallet? So I guess you don't buy bitcoins? Because what I know is that you cannot buy bitcoin using your blockchain wallet?  I suggest you should try creating new bitcoin wallet in websites or companies available in your country so whatever happened, you still have another wallet.Smiley
hero member
Activity: 518
Merit: 500
I use two wallets fist wallet is online wallet ( bloctrail) and The second wallet is offline wallet (vanitygen), remember never put the eggs on one basket always becareful with your money.
sr. member
Activity: 292
Merit: 250
Hey guys,

I was wondering if you keep all your bitcoins in one wallet, or do you use multiple providers/accounts?

I am currently using 3 different wallets, it kinda feels safer not to store everything in once place...

Thoughts?

MC  Smiley


Yes, I do agree with you Mr. itsmarkoc. Because I do the same. I have three wallets, the blockchain wallets and the coins.ph wallet which is the wallet here in our country since using this wallet is my only way to buy bitcoins because I can't buy bitcoins directly using blockchain. After I bought bitcoins in coins.ph I transferred it to blockchain since transactions using blockchain are mush faster than transaction in our country's local wallet.
member
Activity: 70
Merit: 10
Yep i am using now two online wallets which xapo wallet and my local bitcoin wallet coins.ph. they are really useful cause they store my satoshis securely and also for converting it to my currency. I only have problem with these wallets coz these wallets should not have any transaction with gambling coz im gonna get banned. This is scary.
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
Hey guys,

I was wondering if you keep all your bitcoins in one wallet, or do you use multiple providers/accounts?

I am currently using 3 different wallets, it kinda feels safer not to store everything in once place...

Thoughts?

MC  Smiley

I only use 1 wallet. it's blockchain. I don't think it's secure enough, but I'm too lazy to create so many wallets. I'm affraid of forgetting my wallet password since I knew that I'm not too good in remembering. and I'm not collecting bitcoin at all in my wallet because I will convert my bitcoin every week because I need fiat to live here.
full member
Activity: 154
Merit: 100
I have only blockchain wallet registered in. I read view of this wallet. People have said this to be well secured. They say we can have so many accounts linked to this particular wallet alone. They do not charge much for it. It says once an address is used for either transfer or withdrawals, a new address is generated for the same account so that we can have a track of how much we have saved. Good place to be part of. Thank you blockchain.
legendary
Activity: 1638
Merit: 1046
For now i dont use any wallet now because i experience of delay or pending in web wallet which is coinbase thats why i transfer all my balance in electrum.. this is i think legit wallet ever..
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
Yes, I currently use two wallet, the wallet and the wallet of blockchain of c-CEX. I use it for different purposes. I use c-CEX to collect bitcoin I get, while blockchain, I use it for storage BTC for business, even though it was troublesome, but I think I can manage my finances properly using multiple wallet
full member
Activity: 196
Merit: 100
people may be using different wallet. because they will need it. but in my case i am using only one and that is enough for me in the present time. if i feel the need of another wallet i will then think about it. but presently i am just using the single one and that is enough for me in present time.
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