Topic: Recommend some Cryptocurrency wallet that is UI friendly to a Newbie? (Read 186 times)

Welcome to the forum! In order for you to have more knowledge about wallets you may check this link for you to have a clear overview on which wallet that suits you. Hope this helps.

https://bitcointalksearch.org/topic/general-bitcoin-wallets-which-what-why-1631151

Enjoy your stay in the forum and have a good one!

Web wallets store your private keys online, where they are encrypted with a user-selected password. Although they offer the lowest level of security, online bitcoin wallets have the advantage of being accessible from any internet connected device.


GreenAddress
GreenAddress is a multi-signature Bitcoin wallet available on the web, desktop, Android, and iOS. GreenAddress is compatible with hardware wallets like TREZOR, Ledger Nano, and the HW.1.

“Multi-signature” in this context means that the site requires a manual confirmation from you for your coins to be moved; this greatly improves security.

Android Bitcoin Wallets
There is a large selection of Android wallets. Since Bitcoin wallets were originally banned by Apple, developers spent much of their time developing for Android.


Samourai Wallet
Samourai is 100% the best available Android wallet. It has the most features, the best privacy and its developers are constantly working to add the latest Bitcoin features to the wallet. Samourai Wallet has been around for more than 3 years and its code is fully open source.

Mycelium
Mycelium is the most popular Bitcoin wallet on Android. It's very easy to use for sending and receiving payments. Backing up your wallet is also simple, since Mycelium makes it very clear with setup and backup instructions.

breadwallet
breadwallet, the great iPhone Bitcoin wallet, recently released an Android wallet. It offers the user control of private keys, an easy to use interface, and passcode support.

Edge
Edge is an easy to use Bitcoin wallet for iPhone and Android. Its familiar login feature makes using the app a breeze for people new to bitcoin. The wallet also creates automatic backups, so you don't have to worry about the technicalities of performing manual wallet backups.

GreenBits
GreenBits is the native Android version of GreenAddress. It’s a multi-signature wallet that also supports hardware wallets like TREZOR and Ledger.

Bitcoin Wallet
Bitcoin Wallet, or “Schildbach Wallet”, was the first mobile Bitcoin wallet. Bitcoin Wallet is more secure than most mobile Bitcoin wallets, because it connects directly to the Bitcoin network. Bitcoin Wallet has a simple interface and just the right amount of features, making it a great wallet and a great educational tool for Bitcoin beginners.

iOS and iPhone Bitcoin Wallets
Apple banned Bitcoin wallets from the App Store in February 2014, but reversed its decision a few months later. Luckily, there are now plenty of options for iOS users.


breadwallet
We consider breadwallet, along with Copay (below), as the best bitcoin wallet for iPhone. It’s open source and gives the user full control over their private keys. It also has a clean interface which makes the sending and receiving of bitcoins a pleasurable and super-simple process.

Edge
Edge is an easy to use Bitcoin wallet for iPhone and Android. Its familiar login feature makes using the app a breeze for people new to bitcoin. The wallet also creates automatic backups, so you don't have to worry about the technicalities of performing manual wallet backups.

Desktop Wallets
Desktop wallets are downloaded and installed on your computer. If privacy is your main concern, the Bitcoin core wallet is a good option since it does not rely on third parties for data.


Electrum
Electrum is a light weight Bitcoin wallet for Mac, Linux, and Windows. Electrum was created in November 2011. The main features of Electrum are: support for hardware wallets (such as TREZOR, Ledger Nano and KeepKey), and secure Bitcoin storage using an offline computer. Electrum is a good option for both beginners and advanced users.

I hope it‘s help for you.

I use trust wallet, it's cool and user friendly

for paper wallets: bitaddress.org
for best UI online web wallet: blockchain.info, because it's very user-friendly. The opposite side is that you lose anonymity.

how many words are 5 images?

I believe that Electrum may suit all your needs and give you some fresh experience of low fee transactions through SegWit addresses (bech32 only ATM). I've had no experience of Electrum before I was first introduced to it as the one allowing SegWit transactions for the lowest fees, and I bet your experience will be better than any online wallets where you might have saved your piggybank coins till now. /jk
Don't forget to save your seed as you'll need it to restore your wallet back into the same/different device if you lose access to your wallet. You can also have your privkeys, and it also lets you sign messages (however, they can only be verified through Electrum).

Get Electrum here - https://electrum.org/#download

Hello James Peng,

A user-friendly wallet recommendation would be Jaxx. It's a software wallet that you can access on both desktop and mobile and one that supports multiple currencies. Alternatively, Samourai wallet is also a great option for mobile (only bitcoin). Both of these options hold convenience and ease-of-use higher than they do security. That said, however, they do allow for you to store your own private keys instead of depending on a third party which makes them a much better option than leaving your coins on an exchange platform. Once you get familiar with one of these and feel comfortable performing transactions to and from your wallet, then I would suggest investing in a hardware wallet such as a trezor or nano-s in addition to the software wallet. With a hardware wallet, you could implement a sort of strategy where you hold the majority of your coins offline in cold storage while only keeping a small amount on a software wallet for trading purposes.

If you'd like an extra resource to help you learn more about crypto wallets, feel free to check out our Wallet Guide on our blog: http://bit.ly/WalletGuide

Cheers!

If you are looking for bitcoin wallet, certainly coinbase is the solution for new comers.
If you want to control your private keys go with Electrum wallet for PCs.
And for mobile I'd recommend coinomi.

You should decide whether you'd like a wallet, an exchange or both.  An exchange and a wallet are different things because an exchange requires trust in a third party, and generally requires KYC checks.  You can store your coins with an exchange, but you should exercise caution in doing so.

If you're looking for an exchange, GDAX or Bitstamp might be worth a look.  Coinbase is also quite popular with newbies.

If you're looking for a wallet, bitcoin.org has a helpful information page with several wallets of different types that you could use.

Wallet and trading do not really go together. Any app or site that lets you trade or exchange cryptocurrency should not be considered as a suitable wallet. For small amounts and quick accessibility it can be Ok, but for anything beyond that you need a dedicated wallet.

We created a "Cryptopedia" which goes into detail regarding wallets types and popular choices for each type. It would definitely be helpful for you understand more and choose the right type of wallet for you.

https://midcrypto.com/pages/cryptopedia

If you want to actively trade cryptos, then you're probably better off looking for a good cryptocurrency exchange that supports your country. Coinbase is pretty decent if you have access to it. Pretty much every exchange is built to be newbie friendly, so you shouldn't have too much problems on that end.

If you want a wallet specifically, I would always recommend Electrum. It's one of the most popular desktop wallets out there, and it's not hard to find support. It only supports Bitcoin though. Do take note that you would still need to send your funds back to an exchange if you want to trade, so if you plan on doing that actively, you may want to stick with exchanges.

I would not recommend keeping large amounts of money, or even any amount of money, in exchanges though. Never keep more than you actively trade in there.

FTFY. Can we please stop suggesting Coinbase as a wallet? Even its own CEO agree with that: https://blog.coinbase.com/coinbase-is-not-a-wallet-b5b9293ca0e7

@OP: Exodus.io is pretty user-friendly and has support for several altcoins. However, I wouldn't store Bitcoins there, since they don't let you customize your fees and you could lose money when(if) the fees get high.

If you are talking about a wallet with multiple cryptocurrency support, I would suggest coinbase to you.It is not a wallet for bitcoin, it is also a wallet for ethereum, ltc, and bitcoin cash. They might add more crypto in the future but whats the best in this wallet is that you can directly convert them into fiat, and is also with a newbie friendly user interface as it is a web walle that is easy to operate. If you have enough experience interacting with complex sites, you will easily familiarize yourself with this.

Hello James Peng,

Newbie-friendly wallets are a very relative term, we suggest you get a understanding of all the different wallets that are offered before choosing one. We will give you a list of the different wallets and the wallet we suggest per category:

Full-node wallet: The official bitcoin core wallet containing the entire bitcoin blockchain can be found here.
Software wallet: A software wallet which interacts with the bitcoin blockchain but doesn't need to download the entire blockchain. We suggest you use the Electrum wallet which can be found here.
Hardware wallet: A hardware wallet is a piece of hardware that offers the option to securely store your private keys. We suggest you use the Ledger which can be bought here.
Online wallet: A wallet which can be created online with very little effort we recommend an established name like Blockchain.info you can create a wallet here.

Even though the safest method to store your coins is to use a software wallet in combination with a hardware wallet. For a new user creating an online wallet on blockchain.info or downloading a wallet like Electrum is definitely the most user-friendly. These wallets have the easiest UI to grasp as a beginner however you should check out these options and more to get a better understanding of wallets in general. Especially downloading the bitcoin core wallet will help you gain insight of how the bitcoin blockchain works.

If you have any more questions on this topic feel free to send us a DM.

With kind regards,
The Anycoin Direct team

Check out https://greenaddress.it/ for a SegWit-enabled wallet that you can download to your PC, Mac, iPhone, iPad or Android device.

Green Address is a bitcoin wallet that's pretty newbie-friendly and supports SegWit.

If you're looking for a wallet that can support multiple cryptos, you can check out Jaxx at https://jaxx.io/. The software is also available for PC, Mac, iDevices, Android devices, and as a Chrome extension. Jaxx allows you to store your own private keys while having one of the easiest-to-use GUI's available throughout all the wallet options.

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Edit:

People, stop recommending Coinbase.
Coinbase is not a wallet.

In fact, you should NEVER hodl any coins on any exchanges. Source? Ask any Mt. Gox or BitGrail or CoinCheck members

Hello Newbie here,

Just got into cryptocurrencya couple of days ago and need some recommendations for Newbie friendly wallet apps with cryptocurrency tradings.

Anyone?