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Topic: Do you use multiple Bitcoin Wallets to store your Bitcoins? - page 16. (Read 10920 times)

sr. member
Activity: 322
Merit: 250
i am don(ripper's big daddy).i clean scammers.
Yes, i use multiple bitcoin wallet for storing bitcoin but not just for security or behind fear of losing coins its because i get payment from many places including signature campaign payment, trading, cold storage, cloud mining (in little measure), many more.

really using multiple btc wallet clear my doubts and easy to remember why these transaction made.and i recommend this to everyone.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
I use MultiBit HD and that seems to use a lot of different wallets for incoming and outcoming transactions. So, a collection of wallets.

I think that is a pretty cool feature.

oh cool! So can you have a breadwallet and a ledger wallet within a MultiBit? Or just different MultiBit Wallets?


Do not use breadwallet, they are pushing that bip75 thing which is anti privacy. Pro privacy people is boycotting breadwallet. Wallets supporting bip75 must die, so use something else like Electrum or something.

1 wallet per person is enough unless you have a ton of coins.

Even BIP75 is anti privacy, it could make bitcoin transaction become easier and helps user very much.
As long as i know, BIP75 is 100% optional which means we don't have to use it at all (correct me if i'm wrong)

Also, I think more than 1 wallet is important even you don't have tons of coins for some cases such as smartphone wallet for offline merchants and online shopping while paper wallet (or any kind of cold storage) to keep bitcoin safe.
hero member
Activity: 644
Merit: 500
Sometimes i forget my passwords and login details to my accounts so I also feel fear in the case of bitcoin and for that i do not save all my coins in one wallet, and the other fear is its hack. so i keep my coins in multiple accounts.
legendary
Activity: 1204
Merit: 1028
I use MultiBit HD and that seems to use a lot of different wallets for incoming and outcoming transactions. So, a collection of wallets.

I think that is a pretty cool feature.

oh cool! So can you have a breadwallet and a ledger wallet within a MultiBit? Or just different MultiBit Wallets?


Do not use breadwallet, they are pushing that bip75 thing which is anti privacy. Pro privacy people is boycotting breadwallet. Wallets supporting bip75 must die, so use something else like Electrum or something.

1 wallet per person is enough unless you have a ton of coins.
sr. member
Activity: 406
Merit: 250
No, i only use 1 bitcoin wallet, blockchain for storing my bitcoins. But i have many addresses in my wallet for seperate my money and i prefer have multiple address than many wallet.
legendary
Activity: 2758
Merit: 1228
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 that too.
but mostly because i have been testing different bitcoin wallets and i have some bitcoin laying around in them.
but in the end i have moved most of my coins to one wallet and that is Electrum because i felt best about this one.

For me i use 2 wallets for security and for cash out basis and that is coins.ph and blockchain.

Coins.ph is only known wallet provider in our country where we can easily cash out our money eventhough we dont have bank accounts and also our wallet provider have different feature like paying bills and smart phone load but nowadays our wallet provider have many wallet locking issue thats why i use BLOCKCHAIN when storing my bitcoins for long time staking
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
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 that too.
but mostly because i have been testing different bitcoin wallets and i have some bitcoin laying around in them.
but in the end i have moved most of my coins to one wallet and that is Electrum because i felt best about this one.
sr. member
Activity: 490
Merit: 250
I have 3 wallet accounts, blockchain wallet, exchanger wallet, and local exchanger wallet. I use blockchain wallet to receive signature payment and for transaction. If I have much bitcoin, I transfered it to exchanget wallet or to local exchanger wallet for trading.
hero member
Activity: 1372
Merit: 647
I have 4 accounts on 4 different wallets, but I don't usually use the 2 of them (only sometimes with small transactions), and my coins are not equally distributed for all. I have that one wallet that I store almost all my bitcoin. However, even I'm not into separating my coins equally, I agree that it's pretty safe to save your coins on different wallets, so no matter what happens, you have backups and will not lose everything. There are lots of phishing sites and hackers these days, so better to be secured.
full member
Activity: 126
Merit: 100
Yes i have 4 wallets to store my bitcoins,,i have coinbase,blockchain,xapo and coins.ph.
Cause if ever 1 of my wallet was hacked the btc was only 1/4 of my total btc.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Before i use multiple wallet like coins.ph and blockchain web wallet but as of now because i just find out that coins.ph is not safe to store bitcoin because if they find out suspicious transaction like your gambling and you always receive big amount of bitcoin they will not take hesitation or warn you for deactivation of your account so now i'm just using blockchain web wallet because i feel safer than using coins.ph because of the account deactivation issues.
full member
Activity: 196
Merit: 100
Yes i have 2 different wallets for my bitcoin, the first and my main wallet is blockchain.info and the second is xapo. For xapo i rarely use it and only use my blockchain.

I think you don't need to use 2 bitcoin wallet, because it can give you a mess for you, and your wallet is the best to use is indeed Blockchain.info, because blockchain always gives you the option of doing any transaction and also the security so awake
hero member
Activity: 821
Merit: 501
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 using multiple wallet and also use multiple account providers.like don't put your all eggs in one basket.everyday hear lots of unusual story like hacking,scamming etc So  feel safe to store my bitcoin different wallet.its also seem secure you will not lose your bitcoin.thanks
sr. member
Activity: 378
Merit: 250
for me it is good to use multiple. 1 for gambling and 1 for investment. so that i will not lose to much in gambling. hahah
sr. member
Activity: 434
Merit: 250
Yes i have 2 different wallets for my bitcoin, the first and my main wallet is blockchain.info and the second is xapo. For xapo i rarely use it and only use my blockchain.
hero member
Activity: 700
Merit: 500
Everybody uses multiple wallet if they have few btcs. But only you earn from somewhere or just for the fun you have purchased than mostly 1 wallet people have rest they have 5-10 wallets easily stored online and offline as well.
legendary
Activity: 3472
Merit: 10611
of course i use multiple bitcoin wallets to store my bitcoins but it is not so much about the security by spreading but it is mostly about convenience for me.

for example i use blockchain.info as a hot wallet that i keep small amounts and i can spend from it anywhere and anytime but it has lowest security to keep big amounts so i use Electrum as cold storage for most security by keeping it offline.
legendary
Activity: 3248
Merit: 1029
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 use only electrum wallet to store my btc. i feel it is more safer than other wallets so i dont need to make more accounts in other wallet providers. electrum is the best!
Hey... Do I want to know about your experience using an electrum wallet, how the security of electrum does have a good security? I do not have more experience about another wallet and I want to know about this.thanks
legendary
Activity: 2618
Merit: 1181
i use 3 wallet online , one of my wallet get hacked 3 days ago and my mistake because i am not set 2fa, glad i am not save all my coins in 1 wallet  or i will lost everything. 
legendary
Activity: 3080
Merit: 1500
Yes, certainly I do use more than one wallet to store my bitcoin and it is a wise thing to do so.

Instead of dumping all your bitcoin in one place it is always better to diversify. In terms of investment as well as for storing.

It is safe and even if your one wallet is hacked by some hacked, you can at least save some of your bitcoin holding.
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