Topic: Top Bitcoin Wallets ? (Read 659 times)
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I also see people mention bluewallet, but I still like Electrum, so I have no intention of using another wallet, and I am still waiting for the day they release an iOS version (although that possibility is unlikely).
. For now, I'm fine with Electrum on my computer, but anyway thanks for suggesting me the bluewallet wallet for iOS, I'll try it out in the near future. And on the contrary, I like the simplicity of Electrum, the interface is both simple and user-friendly, I don't like the fussy and complicated like other wallets.Bluewallett is an excellent mobile wallet, until recently it also had custodial management of the LN part, now not anymore. But onchain is very complete and there are many features.
Instead I will give you advice keep an eye on this portfolio because it seems to me that they are doing a good job.
https://www.mutinywallet.com/
Most of the advice voted Electrum wallet and I also somewhat agree that Electrum wallet is the best hot wallet. But if you use iPhone, it can't be used because so far, it doesn't have any version for IOS, including the beta version. That is its only limitation. In my opinion, as long as you use an open source, non-custodial wallet, it's a good wallet. Depending on the preferences of each person, we will use different wallets, Electrum is good but not everyone uses it.
You can use bluewallet for iOS, it's as good as Electrum.Electrum not gain a lot attention because they're not making profit from creating this wallet, so they're don't have money for marketing. Unlike trustwallet or any wallet that making money from other service e.g. exchange, staking, product etc.
Moreover Electrum has a bad UI unlike other wallets which have a slick and modern design, but that's not a matter for people who're focus about the security.
I also see people mention bluewallet, but I still like Electrum, so I have no intention of using another wallet, and I am still waiting for the day they release an iOS version (although that possibility is unlikely).
. For now, I'm fine with Electrum on my computer, but anyway thanks for suggesting me the bluewallet wallet for iOS, I'll try it out in the near future. And on the contrary, I like the simplicity of Electrum, the interface is both simple and user-friendly, I don't like the fussy and complicated like other wallets. Most of the advice voted Electrum wallet and I also somewhat agree that Electrum wallet is the best hot wallet. But if you use iPhone, it can't be used because so far, it doesn't have any version for IOS, including the beta version. That is its only limitation. In my opinion, as long as you use an open source, non-custodial wallet, it's a good wallet. Depending on the preferences of each person, we will use different wallets, Electrum is good but not everyone uses it.
You can use bluewallet for iOS, it's as good as Electrum.Electrum not gain a lot attention because they're not making profit from creating this wallet, so they're don't have money for marketing. Unlike trustwallet or any wallet that making money from other service e.g. exchange, staking, product etc.
Moreover Electrum has a bad UI unlike other wallets which have a slick and modern design, but that's not a matter for people who're focus about the security.
Good evening,
Which hot wallets are top in your opinion?
Most of the advice voted Electrum wallet and I also somewhat agree that Electrum wallet is the best hot wallet. But if you use iPhone, it can't be used because so far, it doesn't have any version for IOS, including the beta version. That is its only limitation. In my opinion, as long as you use an open source, non-custodial wallet, it's a good wallet. Depending on the preferences of each person, we will use different wallets, Electrum is good but not everyone uses it. Which hot wallets are top in your opinion?
if you mean wallet brands, you can refer to this site: https://money.com/best-crypto-wallets/
I do use so far only bitcoin.org's choose-your-wallet to test new wallets (https://bitcoin.org/en/choose-your-wallet). I guess we can find different list of crypto wallets from anywhere but we need to be conscious about the legit links always.And you are also referring to Coinbase or Blockchain.com wallets, they are custodial wallets, and you should stay away from them in the first place.
I understand that they are simply listing the wallet names used before and not exact recommended list of different wallets. 
Admittedly, Trust wallet has a user-friendly interface that is especially suitable for newbies. But it's really not completely secure and it's weird that you already know that and still use it. I don't know what you are using Trust Wallet to store, but it is also your property, you must be responsible for it even a small amount.
Trust wallet is close source, not open source. They were acquired by Binance years ago and I am sure under Binance, they will not change Trust wallet from close source to open source.If you are a fan of open source wallet, security wise, you will not choose Trust wallet because many open source wallets you can choose.
Do you mean hot or wallets that are at the top? Maybe this site: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html can help you for that matter.
Bitinfocharts classify wallet addresses as cold, hot wallets, tag addresses with exchange labels but it is reference and you can not simply base on their tags to know what address belongs to.In addition, by only tags, you can not know what wallet is used by owner to store bitcoin in that wallet address.
Good evening,
Which hot wallets are top in your opinion?
Do you mean hot or wallets that are at the top? Maybe this site: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html can help you for that matter. But, if you mean wallet brands, you can refer to this site: https://money.com/best-crypto-wallets/Which hot wallets are top in your opinion?
Credits to the owners of those links and also to Google for finding them.
As of now, I'm only using Trustwallet. I know there are better wallets than it, but I find this one interesting. I like its simple interface and the wallet is also easy to use. It was non-costudial although some says its semi centralized but it's fine since I'm only storing a few cryptos on here and I don't really HODL a crypto for a long time. Before it, I have tried different wallets, including Myetherwallet, Blockchain.com, Coinomi, Electrum, Coinbase and the recent one is Metamask. It was a nice experience though. You can also check all or some of them and see if you develop any likings.
Admittedly, Trust wallet has a user-friendly interface that is especially suitable for newbies. But it's really not completely secure and it's weird that you already know that and still use it. I don't know what you are using Trust Wallet to store, but it is also your property, you must be responsible for it even a small amount.
Furthermore, OP was just looking for the best hot wallet to store bitcoins, so it wouldn't be appropriate if you mentioned Metamask or Myetherwallet. And you are also referring to Coinbase or Blockchain.com wallets, they are custodial wallets, and you should stay away from them in the first place.
Good evening,
Which hot wallets are top in your opinion?
Do you mean hot or wallets that are at the top? Maybe this site: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html can help you for that matter. But, if you mean wallet brands, you can refer to this site: https://money.com/best-crypto-wallets/Which hot wallets are top in your opinion?
Credits to the owners of those links and also to Google for finding them.
As of now, I'm only using Trustwallet. I know there are better wallets than it, but I find this one interesting. I like its simple interface and the wallet is also easy to use. It was non-costudial although some says its semi centralized but it's fine since I'm only storing a few cryptos on here and I don't really HODL a crypto for a long time. Before it, I have tried different wallets, including Myetherwallet, Blockchain.com, Coinomi, Electrum, Coinbase and the recent one is Metamask. It was a nice experience though. You can also check all or some of them and see if you develop any likings.
I have used only few wallets in the crypto ecosystem and all Electrum is the best but the high transaction fee rate is one of the things that is trying to discourage me.
BTC tx fees has nothing to do with Electrum wallet, the wallet doesn't fix the fee that you pay. The size of your transaction and the congestion of the network is what determines how many sats you are going to pay in fees. What Electrum wallet allows you to do is to customize the fee on desktop, and on mobile you can use the fee slider to choose your fee rate, but you have to check the mempool first to know the fee rate that is best for your transaction to be confirmed.I don't usually adjust fees every time I trade, but I think you're right in saying that Electrum has the functionality to customize transaction fees to suit us. While transaction fees are largely dependent on the bitcoin network and vary depending on network congestion, but I think each wallet will have different fees, so it is not surprising that many people find Electrum to have higher fees than others.
Regarding the best hot wallet, I also vote for Electrum, it is really a hot wallet worth using for both new and old investors.
lastly electrum wallet is a multisig bitcoin wallet
Electrum is not a multi-sig BTC wallet, but you can create a multi-sig wallet on Electrum, just the same way you can create a standard single-sig wallet or a wallet with 2FA on Electrum.I have used only few wallets in the crypto ecosystem and all Electrum is the best but the high transaction fee rate is one of the things that is trying to discourage me.
BTC tx fees has nothing to do with Electrum wallet, the wallet doesn't fix the fee that you pay. The size of your transaction and the congestion of the network is what determines how many sats you are going to pay in fees. What Electrum wallet allows you to do is to customize the fee on desktop, and on mobile you can use the fee slider to choose your fee rate, but you have to check the mempool first to know the fee rate that is best for your transaction to be confirmed. 
Good evening,
Which hot wallets are top in your opinion?
Which hot wallets are top in your opinion?
For the device you are using you can do with electrum they have the PC for windows and other operating systems and also they have an application you can use this can serve as a convenient to you but of course more secured within the use of the PC and have an additional layer of security such as the anti-virus, if you have a budget ideal to use a cold wallet so you don't need to worry about too much. Trezor or Ledger for your future reference.
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the thread is about Top bitcoin wallets and not mining companies, no one is talking about mining companies here. looking at your post and your post history, it looks like you are spamming ecos cloud mining which I am pretty sure will most likely turn out as a scam. aside from spamming a most likely scam site, you are also spamming a referral code which is against the forum rules. 
Coinomi is probably my favorite. Ballet is also a solid wallet (it's both a hardware/hotwallet blend sort of). Electrum of course.
Even though Coinomi is a wonderful wallet, I wouldn't suggest a newbie to use it because of how complicated it seems to be. This is because even when you import your private keys into it, it produces its own form of bitcoin and ethereum addresses for you. Electrum will continue to be the best wallet, due to its security and user-friendliness it is. 
I switched to an old laptop running Linux and integrated Electrum to store my bitcoins. Of course, it's always offline and just for storage, I find it more secure than hardware wallets.
Regarding the best hot wallet, I only trust Electrum.
I only use that computer for the sole purpose of storing my bitcoins, not for anything else, and it stays offline most of the time.
Nothing is perfect and as long as we always have a backup plan, there is nothing to worry about. I've also taken into account the lifespan of tech gadgets, and I wouldn't be stupid enough to save the entire seed phrase to the computer. For email passwords, seed phrases, bank logins, most important data, I write them all down in a notebook and keep them in a safe place. It can be said that it takes me a long time every time I need to log in or access any account, but I feel safe with it.
Coinomi is probably my favorite. Ballet is also a solid wallet (it's both a hardware/hotwallet blend sort of). Electrum of course.
Even though Coinomi is a wonderful wallet, I wouldn't suggest a newbie to use it because of how complicated it seems to be. This is because even when you import your private keys into it, it produces its own form of bitcoin and ethereum addresses for you. Electrum will continue to be the best wallet, due to its security and user-friendliness it is. If you're to choose a most preferred cold storage for your bitcoin, choose electrum wallet over coinomi, coinomi is not that bad but it has one or little setback some user may not want to make it their preferred choice, coinomi will not give you the accurate balance on your wallet when a transaction is sent but you can see your the transaction reflect on your balance when you import your wallet on electrum, also electrum have a function that supports RBF while coinomi doesn't, you can also customize your fee as you like on electrum while coinomi does not support ore features on that, lastly electrum wallet is a multisig bitcoin wallet and coinomi is not, at a point you will always have a need to make use of electrum wallet for any reason with time.
Coinomi is a terrible wallet. Closed source and insecure. I wouldn't recommend it to anybody.
Closed source wallets are terrible because they can change many things, hide many things which they don't announce in their wallet change logs and their users won't be able to detect those changes.Advantages of open source wallets
Open source and closed source cryptocurrency wallets
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This is only a good idea if you are running Electrum as a cold wallet. Despite many problems with a vast array of hardware wallets recently, they are still safer than your average hot wallet.
Hot wallets have more risk to be compromised so if he uses a hot wallet, he should store very little bitcoin in that hot wallet and he should afford to lose it. If he seriously wants to secure his hot wallets better, he can use a multisig wallets with Electrum.Creating a multisig wallet
Creating a cold storage wallet in Electrum, if he wants to set up an Electrum cold storage wallet.
Even though Coinomi is a wonderful wallet
Coinomi is a terrible wallet. Closed source and insecure. I wouldn't recommend it to anybody.I've gone back to using Electrum more instead of trusting hardware wallets.
This is only a good idea if you are running Electrum as a cold wallet. Despite many problems with a vast array of hardware wallets recently, they are still safer than your average hot wallet. 
Hardware wallets are the most secure wallets because money is kept safe in these wallets. If more secure wallets are considered outside of hardware wallets,
It will not be safe if used incorrectly. Safe when used properly and correctly.Software wallets can be safe if used correctly starting from the installation process, logging in, using a strong password to storing seed phrases and private keys to ensure that the place is completely inaccessible to anyone.
the names of several wallets such as Electrum Wallet, Mycelium Wallet, MyEthereum Wallet will come first.
You are wrong. MyEthereum or MyEtherWallet? it is an Ethereum wallet which is a type of web wallet. MEW Wallet is vulnerable to phishing. How can you say you will prioritize the wallet to store Bitcoins.This is the MyEtherWallet review link that can be studied.
I used to think like you but with the problems surrounding Ledger, I think we are misinterpreting hardware wallets, and it is not as secure as we think. Another thing is that the companies that make hardware wallets are centralized companies that are regulated by the government, so we don't know what they will do with those wallets before reaching consumers. Currently, hardware wallets are still considered as the safest solution for us but I don't think we should put all our bitcoins in there. I've gone back to using Electrum more instead of trusting hardware wallets.
Hardware wallets are secure, but there are different hardware wallets, so you should not use the one that sends your seed phrase across the internet to extra parties, or the one that is partnering with a service that collects users fees for CoinJoin and then use it to fund blockchain surveillance campanies that will spy on the same users UTXO to either blacklist them or not.If you want to use a hardware wallet, use one that is open source for you to be able to verify it. If you are worried about putting all your BTC's into one hardware wallet, you can set up an extra layer of security to make things more secure for you, and that's by either using a passphrase or a multi-sig set up.
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