Topic: Most reliable wallet (Read 294 times)

 Copay which is a multi-signature wallet and has a unique feature that only a few of its competitors offer. This feature involves the system of restoring funds in the wallet by utilizing old backups. In this service, you will often find prompts which will advise you to back up whatever information you have regarding your Bitcoin balance and spending. This way, if anything goes wrong which results in the loss of data, you can restore everything in minutes. Apart from that, it is open source software which includes HD address generation and Livenet support. There are some complaints regarding the speed of the service, but it is also said that this is the best iOS Bitcoin wallet available. It is available for Android, iOS, desktop, and web browser.

I'd recommend googling on it and finding out what would suit you the most.

Trezor is one of the most used wallets atm: https://trezor.io

Here's a list of great hardware wallets! https://99bitcoins.com/winners2017-best-bitcoin-hardware-wallet/

I am not sure what do you mean by paper wallet of it is to be related in bitcoin but what I knew about paper wallet is the usual one being used in ordinary fiat money. I don't find it any relationship to bitcoin since it is a virtual currency and is not felt or seen, although we can barely see ita value. An electronic wallet is what bitcoiner use. For me, I use the local bitcoin wallet we have and it is Coins.ph.

I use electrum and blochain.info and never had an issue with em.

I think paper wallet is more secure to use Because may options we have to use in offline like system but in actual if you will see toward the user interface then I don't think it will be better for you at any end because paper wallet is easy to introduce but each time you will need to go use such secured steps to use .
My suggestion for you is to use mycelium wallet for Android Because mycelium is that wallet which is easy to create adress with private key and easy to handle every type oft he transaction  , and I am using that wallet since 2014 , so may be this can result better for you if you will use once .
Otherwise better one is the bloclchain wallet Because bloclchain is more official wallet of the bitcoin , so no tension about the security about to have bitcoin in bloclchain.info wallet .

That depends whether you are a holder or a trader also it depends on the coins you have.
Generally, hardware wallets are the best and the most secure.
Here you will find more details about wallets and which to choose:
https://www.cryptocompare.com/wallets/#/overview

I don't know what paper wallet is but for me I use MyEtherWallet, and it is safe for me I guess, because it has a lot of warning and introduction and it also teaches you how to protect it and uses it properly and MyEtherWallet is a refresher where you don't need to log it out, for it to be turnoff if the windows is refresh or closed your account in MyEtherWallet also exit and closes itself.

Depends on your needs but I strongly suggest to combine multiple wallets. The most safe are hard wallets like Trezor and Ledger Nano. With one of these you could use one of mobile wallets that are very convenient, like Mycelium.
In any case don't keep all your coins in just one wallet and don't use just one type. And avoid online wallets and never use exchanges as a wallet.

It is still better to use paper wallet. Yet, use wallets exclusive for your country's fiat and exchange to bitcoin and those that supports withdrawal option with banks near you.

Ledger Nano wallet , and other hardware wallet are the best

I do not use paper wallet as I am not familiar with it. I just keep money in different exchanges to remain safe.

talking about wallet for now the most secure wallet that I use is myetherwalet wallet and blockchain, besides easy to use No monthly fee,,

There is no doubt that paper wallets are one of the most secured wallet (if you created and secured it correctly) and will fit for those people who have a tight budget, but it is not user friendly because some people who doesn't have enough understanding on how it works and how to spend Bitcoins on a paper wallet by importing the private key to a wallet that supports it, I think they will have a hard time. It also have a disadvantage because of its physical form, if you are a type of person that is disorganized and careless, paper wallet is not for you. Personally I would rather buy a hardware wallet (even it is more expensive) than paper wallets if I am going to hodl a coin for long term.

Yeah paper wallet safe and more secure site. Other couple of wallet are available online like cold wallet, hardware, metamask ar also safe and secure wallet

Paper wallet is as safe as buying a trezor or nano ledger.  Just try to make sure you are saving every private keys in a safe environment. Print it in a clear paper.

 

i prefer hardware wallet, and also online wallets that you hold the private key

For a starter, there should be 2 thing that you can consider: safety and usability.
Safety part will measure how safe your account will be, and the usability part will measure how easy to use or setup.

Safety part: you can really use so called cold wallet, it can be hardware wallet (i.e. Ledger Nano S and his family, etc.) or paper wallet even. Or you can run and compile official wallet from bitcoin.org and sync with the blockchain with Bitcoin Core. Go to the official website to download and how-to deploy it. This isnt really for novice user btw. But if you willing to learn and give it a try, why not? ;-)

Usability part: you can use several desktop wallet for easiness and usability. Sometime also come with a very good user interface. Have a look at several project like Exodus, Jaxx and so on. I personally like Exodus for the sake of usability.

All in, just keep your private key safe, no matter what kind of wallet you will use.

Happy collecting BTC! 

yes, paper wallet is the safest way to store bitcoins, and you will be safe from hackers.

but I think if you can not take care of it, and carelessly, you should not use it. because paper wallets can be damaged and lost.

I do not use it because I am also a careless person. I am afraid of missing and damaged.

Paper wallet is actually pretty safe and reliable for keeping your bitcoins. But it's more preferable for newbie to use a hardware wallet such us trezor or ledger for more safety and friendly user wallet. And it's also allow you to store almost two dozen coins including BTC, BCH, LTC, DASH, and ZEC.

I'f anyone of your friends have a Ledger Nano wallet you should ask them if you could check them out on how they work. My wife bought me one last christmas and it's awesome. You can make a segwit address wallet, and also in my opinion, the wallet interface is very nice and clear and also easy to use. The ledger comes with a card where you take your private key to store it safely and there also the extra layer of security when making transactions by having to click on the physical buttons on the device. I don't think it is a device for daily use but for storing cryptos it's good.

Check it out!

PS. There are other hardware wallets out there but I cannot speak for them because I haven't tried any other thatn the ledger nano s.

A reliable wallet, of course, is a hardware wallet, which can be stored in a hardware wallet while storing bitcoin, Ethernet, and neo. It is a safe way to store a private key in a hardware wallet.

Yes, paper wallet is the best as compared to exchanges and third party wallets. It is free and easy to create.

However for the long term, I will spend some money and go for hardware wallets. It is easier to manage when I have bitcoin and several altcoins.

Yes, I think paper wallets are safer then digital money theft like hackers, but also have disadvantages due to their physical form, which is prone to physical disorders.

It may be torn, or your paper wallet may be missing.

so I think it depends on how we keep it, always be careful and not careless when using and storing.

I still prefer Metamask and also coinomi for multiple wallet to save my coins..

As a investor with big invest. Should be cold wallet or paper wallet like MEW, Coinbase, Blockchain.
As a trader just market wallet in a day or some day after that withdraw your profit into your currency money.

Most reliable for which coin if u mean bitcoin blockchain wallet good for me its useable but ı dont think its friendly

the digital wallet that I use and I trust is Myetherwallet and blockchain.info I only use those two wallets is enough for me to store the assets that many there. no monthly fee charge and very safe.

I do not invest much and have distributed in different online wallets. It is very risky these days with so many hacking related incidents happening.

I generally dislike categorizing bitcoin wallets like this based on things such as "reliable", "safest", ...
in my opinion a bitcoin wallet is either safe and reliable and all that or it should not even be used.

as for security, cold storage has the highest security but in at the end of the day the security of it depends on how the user is using it. for example the computer (OS) you use to make and use the cold storage needs to be clean and have no access to the internet ever, either in the past or in the future.

paper wallets belong to the category of cold storages. but if you do not own a printer you will face some problems because you will have to go outside and use a third party to print it and also you have to encrypt the keys which means you will also have to remember a password too.
and then the medium you use to print the keys is also important. if you use paper the lifespan of it will be shorter and it will also be more susceptible to a lot of things. for example water can destroy all your money! if you laminate it you will increase the lifespan but again it will cost more and you either have to buy the tools for laminating yourself or use a third party. if you use metal plates then the lifespan is increased a lot and the resistance to most substances is also increased but creating it will become more difficult.

Im use a QT wallet, less secure that paper and hardware wallet ofc, but its pretty easy to use, and as long you keep your pc clean its gona safe. Never click suspisious link or spam email that cointain dangerous file. Paper wallet its safe enough, but hard to use. I mean you need to type it manualy right or scan the barcode if possible at that time.

Look for hardware wallet such as nano Ledger, this is the most secure and reliable for btc/altcoin keeps.

Hardware wallets are not that much expensive it is roughly around $70,so it is in the budgets too.

But any types of wllaet which provides private key access is secure for our coins,no matter of paper wallet or hardware wallet.

The most reliable? - maybe Yes, but the most user-friendly - definitelly no!
If You want reliabe and user-friendly wallet You should take a look at hardware wallets, but they can`t be free or very cheap!

Since you talk about budget then yes, but i still recommend using hardware wallet to get more secure about your coin.

Is paper wallet, the most secured, most reliable, budget and user-friendly wallet for you?