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Topic: Online wallets - page 2. (Read 1449 times)

sr. member
Activity: 518
Merit: 250
June 25, 2017, 11:11:18 PM
#23
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.
sr. member
Activity: 247
Merit: 250
June 25, 2017, 02:42:58 AM
#22
Can u advice some good online wallets please? Huh
From initial starting I'll suggest you to use Coinbase, blockchain or other online wallet. As the normal online wallet doesn't offer additional security option, there always chance to hack, but start making little payments it can considerable.

no there is no additional risk of getting hacked in other wallets, if anything the web wallets you just suggested are riskier. specially coinbase because you don't even control the private keys and they can simply block your account and don't give your money back.
and it is not hard to use a "desktop" wallet such as electrum. the time it takes to learn it is very short. they are very user friendly and much safer than a web wallet.
Yes! I have been getting knowledge about that. I just try to help him, what much easier at this moment from my part. There's no doubt about desktop wallet. As you know It only depends user to user.
hero member
Activity: 770
Merit: 500
Bazinga!
June 24, 2017, 10:48:38 PM
#21
Can u advice some good online wallets please? Huh
From initial starting I'll suggest you to use Coinbase, blockchain or other online wallet. As the normal online wallet doesn't offer additional security option, there always chance to hack, but start making little payments it can considerable.

no there is no additional risk of getting hacked in other wallets, if anything the web wallets you just suggested are riskier. specially coinbase because you don't even control the private keys and they can simply block your account and don't give your money back.
and it is not hard to use a "desktop" wallet such as electrum. the time it takes to learn it is very short. they are very user friendly and much safer than a web wallet.
sr. member
Activity: 247
Merit: 250
June 24, 2017, 02:00:37 PM
#20
Can u advice some good online wallets please? Huh
From initial starting I'll suggest you to use Coinbase, blockchain or other online wallet. As the normal online wallet doesn't offer additional security option, there always chance to hack, but start making little payments it can considerable.
legendary
Activity: 1232
Merit: 1030
give me your cryptos
June 24, 2017, 09:00:14 AM
#19
Can u advice some good online wallets please? Huh

Search for online wallets that operates in your country, in this way moving money in and out will easy. its also a good training ground when starting out with BTC,

Sometimes the first results of Google aren't always the safest. You need to watch out for scams. What the OP is doing is what everyone should do. Go to a site like Reddit, Bitcointalk or forum.bitcoin.com and ask for trusted programs.

Id recommend BitGo, as they are the most secure partially web wallet. Otherwise, I would say Blockchain.info.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
June 24, 2017, 06:55:06 AM
#18
Blockchain.info is one of the oldest and trusted wallets when it comes to online wallets and I would recommend it for holding small amounts of bitcoin but we now have more wallet options to choose from today that  are trying to offer better services like easy conversion to other coins at the click of a button

Small amount is a relative term...By small amount, how much of a Bitcoin do you have in mind? I ask this because I also have a blockchain online wallet.

Can u advice some good online wallets please? Huh

Most newbies like to use blockchain.info myself. I have used it in the past, when I started, to learn how to send and recieve BTC. After learning more about it, I realized that it's stupid to have any relevant amount of money in online wallets, so I run my own full node...

What is meant by these words in bold as to run a full node?: "so I run my own full node..."
hero member
Activity: 1316
Merit: 514
June 24, 2017, 06:06:39 AM
#17
Can u advice some good online wallets please? Huh

Search for online wallets that operates in your country, in this way moving money in and out will easy. its also a good training ground when starting out with BTC,
hero member
Activity: 686
Merit: 521
June 24, 2017, 05:52:21 AM
#16
Blockchain.info is one of the oldest and trusted wallets when it comes to online wallets and I would recommend it for holding small amounts of bitcoin but we now have more wallet options to choose from today that  are trying to offer better services like easy conversion to other coins at the click of a button
hero member
Activity: 966
Merit: 552
June 24, 2017, 03:36:28 AM
#15
Can u advice some good online wallets please? Huh
The online wallet of bitcoins you can use blockchain.info it is the best online wallet i know
blockchain.info is the most secure than another online wallet,
many users has used blockchain.info what i know there are no bugs be found on blockchain.info
 but doesn't mean no risk losing bitcoins on there, so becareful with the online wallet.
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
June 24, 2017, 03:30:25 AM
#14
You can use Online wallet but do it with your own risk because anytime you can lose your money because lose your credentials or hacked. It would be better to generate your address through Vanitygen and then import your private key to the online wallet which support import address like Blockchain.info and that's more secure than using default address generated by your wallet.
legendary
Activity: 2632
Merit: 1094
June 23, 2017, 04:09:56 PM
#13
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.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
June 23, 2017, 03:19:11 PM
#12
I will not recommend any specific online wallet but I am spilling the beans for you to choose the right one. Wallets which provide you the private keys are the genuine wallets.

There are some who call themselves wallets but actually are exchanges and do not provide you the private keys. With a private key you can recover your coins, but without it you are at the mercy of the so called wallets. Choose wisely.
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
June 22, 2017, 08:44:44 PM
#11
I don't like online wallets. They're not safe because they're holding your private keys. This means they have the key to do whatever you want like stealing your coins too.
Not all of online wallet holding your private key, there are some that giving your private key like blockchain (though i don't recommend this online wallet )
I'm not using Blockchain.info, but I remember that they don't give wallet private keys to their users. Correct me if I'm wrong.
That's right, you can't access your private keys this new update of blockchain wallet which is HD wallets.
If I were you OP, use a desktop wallet if you have a PC this wallet is much safer than in any kind of wallet, and of course you must secured first your device. And Electrum is the that I'm talking about.
And a Mycelium wallet if you have smartphone, this wallet is the most recommended mobile wallet eversince, so you must use it too Wink
legendary
Activity: 3262
Merit: 1376
Slava Ukraini!
June 22, 2017, 06:43:49 PM
#10
I don't like online wallets. They're not safe because they're holding your private keys. This means they have the key to do whatever you want like stealing your coins too.
Not all of online wallet holding your private key, there are some that giving your private key like blockchain (though i don't recommend this online wallet )
I'm not using Blockchain.info, but I remember that they don't give wallet private keys to their users. Correct me if I'm wrong.
legendary
Activity: 3472
Merit: 3217
Playbet.io - Crypto Casino and Sportsbook
June 22, 2017, 06:39:58 PM
#9
Its really hard to find a good and safe bitcoin web wallet for me i still choose electrum instead if i want a safety place of my bitcoin.
But if you are just only looking for online wallet you can try to choose coinbase but like other said not good to use if you are gamble..
You can also try to use localbitcoin i heard that they giving a new bitcoin transaction fee  system which is fair for their customer..
But if you are looking for high security much better to use electrum or hardware wallet like trezor or ledger nano..
legendary
Activity: 1120
Merit: 1000
June 22, 2017, 06:23:17 PM
#8
I don't like online wallets. They're not safe because they're holding your private keys. This means they have the key to do whatever you want like stealing your coins too.
Not all of online wallet holding your private key, there are some that giving your private key like blockchain (though i don't recommend this online wallet ) coinspace also giving you full control over your bitcoins. still agree with you that online wallet is not good for storing your bitcoin, it's ok for storing spendable amount.

To op : you might check the link that n691309 mentioned above, i'm advising you to avoid coinbase,xapo and maybe blockchain.
legendary
Activity: 3262
Merit: 1376
Slava Ukraini!
June 22, 2017, 06:13:11 PM
#7
I don't like online wallets. They're not safe because they're holding your private keys. This means they have the key to do whatever you want like stealing your coins too.
This is main problem of majority online wallets. They don't give full control of our bitcoins. If website will be hacked, it's a big risk that bitcoins can be stolen. Also, it's possible that web wallet creators will run away with all bitcoins.
There aren't many diferences between exchanges and majority of online wallets. Personally, I don't suggest to use web wallet as a main wallet to keep all bitcoins. If you want to use it as a secondary wallet, you may try blockchain.info. Xapo and Coinbase are also popular, but it's centralized wallets.
sr. member
Activity: 562
Merit: 250
June 22, 2017, 05:35:20 PM
#6
Those wallets helps us to save bitcoins and to manage our savings.These wallets can help to change bitcoin to money.And bitcoin wallets.If you want to use online wallets dont put to much big amount pf bitcoin,for you to be secured.But some wallet or most of bitcoin wallets helps to secure our bitcoin and to handle the bitcoin also.
legendary
Activity: 1372
Merit: 1252
June 22, 2017, 05:20:11 PM
#5
Can u advice some good online wallets please? Huh

Most newbies like to use blockchain.info myself. I have used it in the past, when I started, to learn how to send and recieve BTC. After learning more about it, I realized that it's stupid to have any relevant amount of money in online wallets, so I run my own full node. You should put more effort into your security the more money you are holding in bitcoin. Remember to back up your private keys. There are endless videos nowadays on youtube, when I started it was just text.
full member
Activity: 197
Merit: 100
June 22, 2017, 05:15:14 PM
#4
I don't like online wallets. They're not safe because they're holding your private keys. This means they have the key to do whatever you want like stealing your coins too.
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