Topic: Is coinbase a safe wallet - page 3. (Read 32052 times)
hadware wallet is the only safe wallet
No one online wallet are safe.I also asked about this in this forum.Many peoples recommended me desktop/hardware wallet. Only hardware/desktop wallet are safe and secure.But they also are unsafe, If you can't use them properly.for using desktop/hardware wallet your computer must be clean and must have not any viruses.However, I am using coinbase wallet.Its best near to me.Its safe and secure and most usefull offer is its have no transaction fees.I never found any problem with this wallet.But peoples said,coinbase are so problematic.
I think it's really just preference. If we are just speaking in terms of using an online wallet to hold/send/receive bitcoin (and nothing else), both wallets are pretty good.
Personally, I'm not fond of the newer blockchain.info user interface at all - but it's still a decent wallet.
Choosing between coinbase and blockchain i would choose blockchain because of its new features which you could able to secure your private keys already unlike on coinbase and take note its not a purely webwallet but an exchange wallet.They do really hold or freeze account if they know that you are using it on gambling transactions.Personally, I'm not fond of the newer blockchain.info user interface at all - but it's still a decent wallet.
I think it's really just preference. If we are just speaking in terms of using an online wallet to hold/send/receive bitcoin (and nothing else), both wallets are pretty good.
Personally, I'm not fond of the newer blockchain.info user interface at all - but it's still a decent wallet.
Choosing between coinbase and blockchain i would choose blockchain because of its new features which you could able to secure your private keys already unlike on coinbase and take note its not a purely webwallet but an exchange wallet.They do really hold or freeze account if they know that you are using it on gambling transactions. Personally, I'm not fond of the newer blockchain.info user interface at all - but it's still a decent wallet.
What coinbase locks accounts involved in gambling? who are they vice or something? this is rather a stupid question, anyone knowing bitcoin should also know which way is the safest way to handle money.
Electrum.
Multisig addresses.
Core wallet.
Electrum.
Multisig addresses.
Core wallet.
I think it's really just preference. If we are just speaking in terms of using an online wallet to hold/send/receive bitcoin (and nothing else), both wallets are pretty good.
Personally, I'm not fond of the newer blockchain.info user interface at all - but it's still a decent wallet.
Personally, I'm not fond of the newer blockchain.info user interface at all - but it's still a decent wallet.
From the start I often search between coinbase and blockchain and I have read a number of reviews about these two wallets and I have found a number of people who were complaining about coinbase but not found any person who have any serious issue with blockchain so I will recommend blockchain.
And those reviews about coinbase is making me start not to use them and if you are not that responsible with your profits for gambling and you mistakenly send it to your coinbase wallet directly, then your account will be frozen because they are implementing strict rules with those matters. Blockchain is also my choice I find it easy to use and more secured(I guess).
From the start I often search between coinbase and blockchain and I have read a number of reviews about these two wallets and I have found a number of people who were complaining about coinbase but not found any person who have any serious issue with blockchain so I will recommend blockchain.
And those reviews about coinbase is making me start not to use them and if you are not that responsible with your profits for gambling and you mistakenly send it to your coinbase wallet directly, then your account will be frozen because they are implementing strict rules with those matters. Blockchain is also my choice I find it easy to use and more secured(I guess).
From the start I often search between coinbase and blockchain and I have read a number of reviews about these two wallets and I have found a number of people who were complaining about coinbase but not found any person who have any serious issue with blockchain so I will recommend blockchain.
As per the question is coinbase a safer wallet than blockchain
1.Coinbase is not a wallet.Coinbase is an exchange.2.Coinbase doesn't give your control your wallet,blockchain.info does.
3.Being said that,blockchain.info runs online which makes them vulnerable to n number of attacks.Alternative : Electrum.
2. You can not fully control your Bitcoin in blockchain. They only let you to control your private keys and some other alternative things on it
3. All online wallets can be harmed by hackers or some DDOS attack.
As per the question is coinbase a safer wallet than blockchain
1.Coinbase is not a wallet.Coinbase is an exchange.2.Coinbase doesn't give your control your wallet,blockchain.info does.
3.Being said that,blockchain.info runs online which makes them vulnerable to n number of attacks.Alternative : Electrum.
coinbase is good online wallet and safe but coinbase
1 can't support sending and receive from gambling site
2 not support private key, import and export not supported so you can't full control youre addres and youre balance
1 can't support sending and receive from gambling site
2 not support private key, import and export not supported so you can't full control youre addres and youre balance
Blockchain.info its a web wallet, (the less safe wallets). Coinbase is an exchange i supose that it has high security than a web wallet. But if you want to bet on casinos, this isn't your wallet. If you want a safe wallet, try hardware wallets or software wallets (or a simple paper wallet as a cold storage).
The point of bitcoin in the first place is for it to be your own bank. How can it be your own bank when someone else controls it for you in the case of coinbase and blockchain ? I suggest you start being your own bank by using desktop wallets like Electrum and MultibitHD which are quite secure and much more user friendly. The worst of all bitcoin wallets are web based ones.
What process do you use to back up your local wallet? Do you use a paper wallet? Do you use Trezor or the like? I wouldn't like for my BTC to be easily stolen like a mobile phone would.
in my opinion coinbase isn't good unless you are just using it for exchanges
why to hold your coins in a site that may ban your account , it's like a centralized area it's totally against the main purpose of bitcoin
why to hold your coins in a site that may ban your account , it's like a centralized area it's totally against the main purpose of bitcoin
coinbase wallet is safe but never use for gambling if you not want get locked by them because they don't allow used for gamble.
As per the question is coinbase a safer wallet than blockchain
Yes
AFAIK, coinbase having good & live customer support and blockchain doesn't. And in coinbase you've to trust third party for your funds but in blockchain, you've control over your coins. Decide yourself.
I am using blockchain.info and electrum from quite few times now without any problem. Coinbase is actually trusted but i have seen few members getting their account blocked by coinbase suspecting source of bitcoint they received are from illegal sources.
Firstly they're a wallet service provider, since they don't let you have the keys, they can't be called a wallet because you're dependent on them to send and receive coins on your behalf and should anything happen to the site tomorrow, you won't be able to do anything but wish that they come back. So unless they're providing you an insurance of loss by theft or otherwise, I don't think they're safe. Although, having been said that, up until now, they seem to be running a legit business and haven't seen or heard bad about them but still, don't store your whole wealth there.
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