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Topic: Online wallets (Read 1408 times)

hero member
Activity: 560
Merit: 509
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July 08, 2017, 04:28:41 AM
#43
Since I know, I've been using bitcoin some web wallet such as xapo, coinbase, blockchain, green address and so on, after trying a lot of wallets I choose coinbase and xapo because I think better than others.
Yeah, this wallets are good if you're just storing only small funds there and since this wallets are centralized and they keep on asking of user's personal information especially coinbase, well I'm not recommending this wallets anf since you as ther user can't access your own wallet address and that's the worst part of this web wallets I mean accounts.

Normal Xapo and Coinbase accounts don't give users access to private keys and transaction fees, whereas both GreenAddress & Blockchain.info let you choose transaction fee and have access to private keys.

If you are using Coinbase or other trading integrated wallets *only* for storing Bitcoin, you don't have to share your personal information. In most exchanges, you only need to share personal information if you trade above their basic limit.
copper member
Activity: 2142
Merit: 1305
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July 08, 2017, 04:07:37 AM
#42
Since I know, I've been using bitcoin some web wallet such as xapo, coinbase, blockchain, green address and so on, after trying a lot of wallets I choose coinbase and xapo because I think better than others.
Yeah, this wallets are good if you're just storing only small funds there and since this wallets are centralized and they keep on asking of user's personal information especially coinbase, well I'm not recommending this wallets anf since you as ther user can't access your own wallet address and that's the worst part of this web wallets I mean accounts.
sr. member
Activity: 553
Merit: 250
July 08, 2017, 12:15:39 AM
#41
Since I know, I've been using bitcoin some web wallet such as xapo, coinbase, blockchain, green address and so on, after trying a lot of wallets I choose coinbase and xapo because I think better than others.
hero member
Activity: 2926
Merit: 722
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July 02, 2017, 11:32:31 PM
#40
Can u advice some good online wallets please? Huh
There are lots of wallet online which you can able to use it but remember the risk on losing bitcoin since we do all know that online wallets are more riskier than on hardware or cold storages but if you are making active transactions on daily basis then online wallet would suit you.Ill recommend Blockchain.info among other online wallets out there since ive been using some similar wallet but blockchain does give me somehow a better security. This is just my opinion though.
sr. member
Activity: 616
Merit: 263
July 02, 2017, 09:36:57 AM
#39
I am recommending you to use blockchain.info online wallet BUT with imported private key. You will have access for all your funds at any time even if you lost password or they block your account (never had such problems but heard from other users)  Roll Eyes
sr. member
Activity: 518
Merit: 250
July 02, 2017, 06:46:36 AM
#38
Can u advice some good online wallets please? Huh
In my opinion, until now blockchain can still be relied upon for Bitcoin online wallet. From the beginning until now I still use it and still safe.
The main important thing is we must activated 2FA, I ever use some web wallet (xapo, block chain, coinbase, circle, blocktrail, and more), looks the security features is same and good.
legendary
Activity: 1120
Merit: 1000
June 29, 2017, 07:04:55 PM
#37
Until now I am use web wallet. The weakness of the web wallet is there is no private key feature, but the thing we have to do is activate all security features eg 2fa.
2Fa feature is still useless, your bitcoins might be safe from the hackers or those who are trying to access your coins but not from the site owner they still have access to your coins it such a have control over your money, they can lock it or even freeze it anytime they want, as long as you're not holding your private key it means that your bitcoins are not safe. Just find a wallet where you can control your private key. There are so many safest wallets than decentralized wallet out there, electrum is the one that I recommend.
I think electrum wallet is not a online wallet its an desktop wallet.But it is good to choose because you can backup the 3 types  of files like wallet.dat, seeds or private key which is you can install anytime in other bitcoin wallet..
But for online wallet blockchain is a good alternative since blockchain is 1 of the great online wallet that you can backup private keys..  that you can use once your account freeze or locked.
I know that it's not an online wallet since I don't trust blockchain anymore I only recommend people to use desktop wallet like electrum well i have no idea to use online wallet. I had a bad experience with the blockchain, to be honest. Good to see blockchain has import priv-key feature which is good if something happens with the site we can still have access to our coins, the most issue that many people facing was email confirmation, it is not sending or it tooks a long time to get the email confirmation and it seems annoying (https://bitcointalksearch.org/topic/blockchaininfo-not-sending-confirmation-emails-128884). Another issue was the site sometimes offline due to dns attack, the point is backup your private key if you are using blockchain wallet.
full member
Activity: 210
Merit: 100
June 29, 2017, 02:35:21 PM
#36
These are some good wallets where you control the keys. Any wallet that controls your keys is a no no.

Mycelium for android, Breadwallet for iPhone and android, Airbitz for iphone or android, Bitpay wallet - works on all devices, Jaxx - works on all devices and Electrum for desktop.
hero member
Activity: 615
Merit: 500
June 29, 2017, 02:23:24 PM
#35
Can u advice some good online wallets please? Huh
In my opinion, until now blockchain can still be relied upon for Bitcoin online wallet. From the beginning until now I still use it and still safe.
hero member
Activity: 2744
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June 29, 2017, 02:11:00 PM
#34
As far as I know the most recommended online or web wallet for new bitcoin user is blockchain.info as it is not that very complicated to use not like the other wallet where you also need to verify your identity, in blockchain once you have settled down the security options of your wallet you're ready to go .
hero member
Activity: 1386
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June 29, 2017, 04:31:53 AM
#33
Until now I am use web wallet. The weakness of the web wallet is there is no private key feature, but the thing we have to do is activate all security features eg 2fa.
2Fa feature is still useless, your bitcoins might safe from the hackers or those who are trying to access your coins but not from the site owner they still have access to your coins it such a have control over your money, they can lock it or even freeze it anytime they want, as long as you're not holding your private key it means that your bitcoins are not safe. Just find a wallet where you can control your private key. There are so many safest wallets than decentralized wallet out there, electrum is the one that I recommend.
I think electrum wallet is not a online wallet its an desktop wallet.But it is good to choose because you can backup the 3 types  of files like wallet.dat, seeds or private key which is you can install anytime in other bitcoin wallet..
But for online wallet blockchain is a good alternative since blockchain is 1 of the great online wallet that you can backup private keys..  that you can use once your account freeze or locked.
hero member
Activity: 672
Merit: 500
June 28, 2017, 10:55:05 PM
#32
Xapo/Coinbase. Currently only these wallets are working fine and they can keep your bitcoins safe but if you are sending bitcoins from untrusted sources like gambling websites, these two wallets will block your funds. Due to 2FA they are a bit safe but in general you don't hold the private keys of your addresses plus they charge 0.0015-0.003 fee per transaction. IF you want a better option, choose counterparty wallet which lets you choose a smaller fee.

Note: None of these wallets are safe and there is a risk of losing your coins if your device has any vulnerability.
If someone is looking for an online wallet in which he will be able to give a custom fees for the transaction then for them I will suggest that they have to join blockchain.info . In that wallet if he will go to advanced setting in the send page then there he will be able to customize the miner fees.
legendary
Activity: 1120
Merit: 1000
June 28, 2017, 07:42:11 PM
#31
Until now I am use web wallet. The weakness of the web wallet is there is no private key feature, but the thing we have to do is activate all security features eg 2fa.
2Fa feature is still useless, your bitcoins might be safe from the hackers or those who are trying to access your coins but not from the site owner they still have access to your coins it such a have control over your money, they can lock it or even freeze it anytime they want, as long as you're not holding your private key it means that your bitcoins are not safe. Just find a wallet where you can control your private key. There are so many safest wallets than decentralized wallet out there, electrum is the one that I recommend.
hero member
Activity: 1190
Merit: 525
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June 28, 2017, 02:06:59 PM
#30
I use BlockChain.info since 2015 and althought some people here say it's not a good wallet I have never had any problem with them in 2 years already. However, I don't keep much money there, I believe for who uses online services to store money it's better to split the money among several sites, this way you reduce the chances to lose much money by a hacker attack.
hero member
Activity: 2814
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June 28, 2017, 11:30:57 AM
#29
Until now I am use web wallet. The weakness of the web wallet is there is no private key feature, but the thing we have to do is activate all security features eg 2fa.
Yes. Even you have set 2FA, it doesn't mean your wallet is safe because if you get infected by malware or get hacked there is a chance for you lost your money because your fault. Make sure you won't click any suspicious links and keep your wallet safe (backup the passphrase is important)
sr. member
Activity: 630
Merit: 250
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June 28, 2017, 11:14:28 AM
#28
Can u advice some good online wallets please? Huh

Though there are well established online wallets like xapo and coinbase, just target online wallets within your country so that you will avoid major issues when it comes to handling the bitcoins that you will earn. Just like mine, I use an online wallet specifically designed to my country thus it makes easier to cashing out my earnings without too much of a problem.
full member
Activity: 224
Merit: 100
June 27, 2017, 05:26:59 AM
#27
I like online wallets most of the time, they are faster but most important - they have debit cards which is convenient if you need fiat. i tried most of them: xapo, wirex, coinsbank and blockchain. Currently their fees and limits don't make me happy so I'm waiting for someone new.
member
Activity: 98
Merit: 11
June 27, 2017, 12:56:38 AM
#26
Im using online wallet until now. It's just a matter of wise way to deal with them. Using online wallets is way more fast than using desktop wallets like for buying and selling. I trust them no matter what.
legendary
Activity: 1736
Merit: 1001
June 27, 2017, 12:51:19 AM
#25
web wallet which i can believe is only blockchain.info for now, in the past xapo is good option but not again for now, blockchain is secure enough with email and sms authentication also we can decide the fees of transaction although they give good option for transaction fees
hero member
Activity: 3024
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June 26, 2017, 09:16:06 PM
#24
Can u advice some good online wallets please? Huh
I'm always using blockchain.info as I prefer it to use for years and others are referring to this wallet too. I have a single problem to them with the 2FA email that takes a lot of time and delay for the confirmation. But that was resolved immediately with that scenario I trusted more them and their fees is quite good.
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