Today's Best wallet - page 2. | Bitcointalksearch.org

jacee

legendary

Activity: 1302

Merit: 1025

Quote from: Gatorelf on January 05, 2017, 08:19:38 PM

I got a wallet from coinbase as I saw some where it was rated the best. I notice every time I buy some BTC there is a small transaction fee like $2. I also notice the price for BTC always seems to be $15 to $20 higher than what its actually trading at.

The current price in coinbase may differ to what the btcs current price in other exchanges. That 2$ fee charged from your transaction is for the purchase not an incomming transaction fee.

Quote

My questions are, is this typical of all wallets?

No. Coinbase is an exchange wallet. It differs functionality to other clients like a desktop wallet, hardware wallet, paper wallet, web wallets. etc.

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Also I've never received BTC is there incoming fee's?

No. Fee is only charged upon sending a transaction. The sender always shoulder the fee and not the receiver.

pooya87

legendary

Activity: 3472

Merit: 10611

i just want to add that there is nothing called best wallet, there are only bitcoin wallets (https://bitcoin.org/en/choose-your-wallet) each of which have some pros and cons and you have to find out all about them and then choose a wallet to use.
for example of these pros and cons, paper wallet is the safest since it is cold storage and is kept without internet connection but it is hard to spend from it.

Digitalbitcoin

hero member

Activity: 1568

Merit: 502

I think many of you might heard about blockchain,info also provide wallet services. But no one appreciating blockchain.info wallet services.

I am user of this wallet since from long time. And this is the best for everyone.

Blockchain.info wallet is the only wallet service offers you private keys. Coinbase, xapo or many other wallet services just only offer platform to buy/sell BTC, dont offer private keys for your wallet. And in future if you don't know privatekeys of wallet you are using then its quite risky.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: Gatorelf on January 05, 2017, 08:19:38 PM

I got a wallet from coinbase as I saw some where it was rated the best. I notice every time I buy some BTC there is a small transaction fee like $2. I also notice the price for BTC always seems to be $15 to $20 higher than what its actually trading at.

My questions are, is this typical of all wallets?
Also I've never received BTC is there incoming fee's?

Every wallet has his advantages and disadvantages.
There are no incoming fees.
About the phenomenon was happening with your wallet. totally it's auto calculation for your btc. sometimes if the price will be increasing and your bitcoin will try to match the current price of bitcoin was increasing.

cengsuwuei

hero member

Activity: 714

Merit: 516

#SWGT PRE-SALE IS LIVE

the best wallet if you can full control your bitcoin
open service private key
use private key you can control your balance and your addres

standard sending fee this now 22k satoshi/Kb

Shady

full member

Activity: 294

Merit: 100

Life is a game, you either play it or get played.

Xapo is my favorite, fees are 5 USD, but close to the market price is what you pay. They also have debit card solutions and vault access.

The main thing oth web or virtual wallets is security, but you may come across these problems even with offline or backing up desktop wallets. Although CoinBase is one of the top, Xapo seems to have increased protection for every user.

The biggest names out there are Block.io, Xapo & CoinBase as well as places like Local Bitcoins (which shouldn't be used as a wallet in higher volumes.)

MingLee

hero member

Activity: 490

Merit: 520

Quote from: Gatorelf on January 05, 2017, 08:19:38 PM

I got a wallet from coinbase as I saw some where it was rated the best. I notice every time I buy some BTC there is a small transaction fee like $2. I also notice the price for BTC always seems to be $15 to $20 higher than what its actually trading at.

My questions are, is this typical of all wallets?
Also I've never received BTC is there incoming fee's?

Coinbase is a pretty good exchange, but I don't use it because they seem to flex their power a bit too much for my liking a lot of the time, and that's something I don't want to have to deal with in the future.

As for the value being higher, yeah, it's a pretty good market for selling, and probably exceptional overall for what it provides.

Not typical of all wallets, no incoming fees that you pay for. Only the sender ever pays a transaction fee.

romero121

legendary

Activity: 3234

Merit: 1214

DGbet.fun - Crypto Sportsbook

Quote from: Gatorelf on January 06, 2017, 07:36:50 PM

Quote from: calkob on January 05, 2017, 08:46:12 PM

Quote from: Gatorelf on January 05, 2017, 08:19:38 PM

I got a wallet from coinbase as I saw some where it was rated the best. I notice every time I buy some BTC there is a small transaction fee like $2. I also notice the price for BTC always seems to be $15 to $20 higher than what its actually trading at.

My questions are, is this typical of all wallets?
Also I've never received BTC is there incoming fee's?

Yeah it's typical of all places that you buy bitcoin from, its a premium above the spot price that gives them some profit. Do you realise that by keeping bitcoin at Coinbase you are keeping it in their wallet not yours ? they can decide if you get it or not. research paper wallets (which are free, bitaddress.org) or hardware wallets (Trezor, ledgerwallet, keepkey) to secure your own bitcoin (your wallet)

Appreciate the info guys, I do have another wallet ( Blockchaine ) which I have never used.. I was thinking I would buy at coinbase and send to my phone wallet... didnt want to get fee'd to death though ya know lol. I also have several collectible wallets but think I will leave them be.

Already you've known all about the worthy wallets, as well you've concluded of leaving most of the wallets for your goodness. Better if you have the access try to remove the thread. If you go through the forum itself you can get more suggestions regarding wallets and its security features.

Gatorelf

sr. member

Activity: 845

Merit: 267

Quote from: calkob on January 05, 2017, 08:46:12 PM

Quote from: Gatorelf on January 05, 2017, 08:19:38 PM

I got a wallet from coinbase as I saw some where it was rated the best. I notice every time I buy some BTC there is a small transaction fee like $2. I also notice the price for BTC always seems to be $15 to $20 higher than what its actually trading at.

My questions are, is this typical of all wallets?
Also I've never received BTC is there incoming fee's?

Yeah it's typical of all places that you buy bitcoin from, its a premium above the spot price that gives them some profit. Do you realise that by keeping bitcoin at Coinbase you are keeping it in their wallet not yours ? they can decide if you get it or not. research paper wallets (which are free, bitaddress.org) or hardware wallets (Trezor, ledgerwallet, keepkey) to secure your own bitcoin (your wallet)

Appreciate the info guys, I do have another wallet ( Blockchaine ) which I have never used.. I was thinking I would buy at coinbase and send to my phone wallet... didnt want to get fee'd to death though ya know lol. I also have several collectible wallets but think I will leave them be.

calkob

hero member

Activity: 1106

Merit: 521

Quote from: Gatorelf on January 05, 2017, 08:19:38 PM

I got a wallet from coinbase as I saw some where it was rated the best. I notice every time I buy some BTC there is a small transaction fee like $2. I also notice the price for BTC always seems to be $15 to $20 higher than what its actually trading at.

My questions are, is this typical of all wallets?
Also I've never received BTC is there incoming fee's?

Yeah it's typical of all places that you buy bitcoin from, its a premium above the spot price that gives them some profit. Do you realise that by keeping bitcoin at Coinbase you are keeping it in their wallet not yours ? they can decide if you get it or not. research paper wallets (which are free, bitaddress.org) or hardware wallets (Trezor, ledgerwallet, keepkey) to secure your own bitcoin (your wallet)

AgentofCoin

legendary

Activity: 1092

Merit: 1001

Quote from: Gatorelf on January 05, 2017, 08:19:38 PM

I got a wallet from coinbase as I saw some where it was rated the best. I notice every time I buy some BTC there is a small transaction fee like $2. I also notice the price for BTC always seems to be $15 to $20 higher than what its actually trading at.

My questions are, is this typical of all wallets?
Also I've never received BTC is there incoming fee's?

Coinbase is an Exchange, that also has a wallet.
The wallet service they maintain is very different from most wallets.
Most wallets are just programs to hold your privatekeys/addresses, not to trade or buy/sell.

With Bitcoin, the only fee is the miner's fee for being placed within a block, and that is paid by the sender.

bohr

sr. member

Activity: 994

Merit: 257

Coinbase is an exchange that offers a wallet to do your transactions, there are many wallets, some offer the ability to buy bitcoin through them but most are just a way to store your bitcoin, if you want a full node then bitcoin core is the best, if you want a light wallet, I like electrum.

Gatorelf

sr. member

Activity: 845

Merit: 267

I got a wallet from coinbase as I saw some where it was rated the best. I notice every time I buy some BTC there is a small transaction fee like $2. I also notice the price for BTC always seems to be $15 to $20 higher than what its actually trading at.

My questions are, is this typical of all wallets?
Also I've never received BTC is there incoming fee's?

Topic: Today's Best wallet - page 2. (Read 1432 times)