Topic: Wallet advice? (Read 757 times)
Desktop or hardware wallet if you value your privacy.
I am new to Bitcoin and in the process of setting up a small farm in the basement of my business premises here in the UK. Obviously I need to open a wallet however there doesn't seem to be much discussion or advice available on wallet providers. I've read a few reviews doing a Google search but these often seem biased. I've read some glowing reviews about Blockchain, Coinbase and ZenGo on some sites, however when you read the Trustpilot reviews (a popular review website here in the UK) the ratings are very bad for these wallet suppliers with lots of horror stories.
Can anyone make some recommendations for safe and reliable wallet providers?
Can anyone make some recommendations for safe and reliable wallet providers?
I've been using trust wallet for keeping my coins... It's a multiwallet where you can stored all altcoins... Just keep in a private place all the passphrases of your wallets and put a strong passwords that only you knows... You can also use hardware wallets in keeping your assets....
You should go for Atomic wallet, they have staking and swap, you can hold bitcoins, altcoins, and even tokens. Read a Lil about it, start using it and I'm sure you will love it just as i do.
Here is the download link: https://atomicwallet.io/
Atomic wallet is an open designed to store the data just to your device, well talking about open source wallet, it is pretty safe when you have set it up correctly honestly something could go wrong if you mistakenly forget something when setting it up. Coinbase has earned so much reputation from being an exchange, running for long years seems to be great so the coinbase wallet is a thing for their top exchange, there is no doubt it is built just like the exchange, pretty fast and secure. Here is the download link: https://atomicwallet.io/
I am new to Bitcoin and in the process of setting up a small farm in the basement of my business premises here in the UK. Obviously I need to open a wallet however there doesn't seem to be much discussion or advice available on wallet providers. I've read a few reviews doing a Google search but these often seem biased. I've read some glowing reviews about Blockchain, Coinbase and ZenGo on some sites, however when you read the Trustpilot reviews (a popular review website here in the UK) the ratings are very bad for these wallet suppliers with lots of horror stories.
Can anyone make some recommendations for safe and reliable wallet providers?
how about TrustWallet? I am currently using it and it is very secure. There does not seem to be a hack and theft of users' money. so you can be assured and deposit there. In addition, if you want to be more secure, use a cold wallet. Ledger Nano S is one of the best security wallets and it is completely offline when you disconnect it from your PC. Therefore, hackers cannot participate in this type of wallet.Can anyone make some recommendations for safe and reliable wallet providers?
Very happy with the Nano X and S but you are only able to work with a single address at a time. In order to get a new address to receive, the previous one must be used first.
Apart from that, very pleased with them.
The X interfaces with an iOS/Android app via Bluetooth where the S does not. It must be physically connected.
Again, you are your own banker when it comes to your crypto assets. You wouldn't walk around with your life savings in the wallet in your pocket. Think of it like that. keep a small amount in the online wallet for day-to-day stuff but the bulk of your holdings in a secure, hardware wallet or a PC/Mac wallet that is not connected to the internet. Set up your transfers, connect online and let the transactions proceed and then go offline when they are sent.
I am new to Bitcoin and in the process of setting up a small farm in the basement of my business premises here in the UK. Obviously I need to open a wallet however there doesn't seem to be much discussion or advice available on wallet providers. I've read a few reviews doing a Google search but these often seem biased. I've read some glowing reviews about Blockchain, Coinbase and ZenGo on some sites, however when you read the Trustpilot reviews (a popular review website here in the UK) the ratings are very bad for these wallet suppliers with lots of horror stories.
Can anyone make some recommendations for safe and reliable wallet providers?
how about TrustWallet? I am currently using it and it is very secure. There does not seem to be a hack and theft of users' money. so you can be assured and deposit there. In addition, if you want to be more secure, use a cold wallet. Ledger Nano S is one of the best security wallets and it is completely offline when you disconnect it from your PC. Therefore, hackers cannot participate in this type of wallet. Can anyone make some recommendations for safe and reliable wallet providers?
Based on your reply, would I be correct in thinking I should have an online wallet (for regular pay-outs) but transfer regularly from the online wallet to a hardware wallet (to store larger amounts and or longer term storage) as this is safer than the online wallet?
Online/web wallets are risky as you don't have access to the private keys. Not your keys, not your coins.If the wallet owner/company runs away, then you will lose every single satoshi. However, people use it for small amounts of deposits, transactions...
Better use hardware wallet if you can, otherwise desktop wallet.
You can transfer whatever amount from hardware wallet to online wallet or vice versa. You can send from any wallet to any wallet within the bitcoin network.
You shouldn't risk your money in online wallets because we all know that online is really complex and there are good hackers who can access your account without you knowing. You should choose a bitcoin wallet platform that is famous enough and the company is really trustworthy and effective in keeping your assets safe. Online wallets are really useful for a small transactions or payment to lessen the hassle of transferring money but all in all it is not that guaranteed for huge amount of coins. Hardware wallet is really much safer because you have only the access to that and no one can access that unless you give them some of your information, a simple information can be used by scammers to enter your wallet.
If you're looking for a secure online wallet check out https://sendbit.io or trezor.io
Sendbit.io allows you to have access to your private keys... That's pretty cool and they have an awesome API
Trezor.io you'll need to order their hardware device your private keys are inside that.
Good luck.
Sendbit.io allows you to have access to your private keys... That's pretty cool and they have an awesome API
Trezor.io you'll need to order their hardware device your private keys are inside that.
Good luck.
You should go for Atomic wallet, they have staking and swap, you can hold bitcoins, altcoins, and even tokens. Read a Lil about it, start using it and I'm sure you will love it just as i do.
Here is the download link: https://atomicwallet.io/
Here is the download link: https://atomicwallet.io/
Set up an Exodus wallet for any mining rewards and sweep them regularly to a hardware wallet, such as a Trezor or Ledger.
And buy the hardware wallet directly from the manufacturer. There are scams online where you THINK you are buying a new (sealed) device but it has been tampered with or seed words are pre-loaded and recorded by the scammer. depositing BTC into one of them is the same as sending it directly to them.
Education is the name of the game.
Good job asking the questions up front.
And buy the hardware wallet directly from the manufacturer. There are scams online where you THINK you are buying a new (sealed) device but it has been tampered with or seed words are pre-loaded and recorded by the scammer. depositing BTC into one of them is the same as sending it directly to them.
Education is the name of the game.
Good job asking the questions up front.
A lot of people here always says that using a hard wallet is the safest wallet that you could use because it will be difficult for hackers to have an access in hardware wallets.
Yeah, having an hardware wallet is the safest for people with huge funds to carry and could be supported with a mobile wallet Electrum for some quick little transaction. because remember that each of us are
vulnerable from hacking and scamming so either you have Big amount or even small we must Have hardware wallets to keep
our funds safest in this kind of attacks here and there towards us crypto Holders,But we can just segregate our funds into many
different wallets even if its hardware or online wallets because this will save our other funds in cases that we don't expect.
I have been making use of the Blockchain wallet for over four years now. What exactly were the complaints you were seeing on TrustPilot about Blockchain? The only problem I once had with it was that I created an account and didn't copy down my wallet ID. But I later discovered that on their website you can check the wallet ID that is attached to your email address. That's how I was able to gain access back to the wallets.
If that's the case, then you have got no problem. Coinbase is also good and I have not had any issue with them. I don't know about the ZenGo you mentioned ,I have not used the wallet before. Unless you want to be using hardware wallets like Trezor or Ledger Nano X.
If that's the case, then you have got no problem. Coinbase is also good and I have not had any issue with them. I don't know about the ZenGo you mentioned ,I have not used the wallet before. Unless you want to be using hardware wallets like Trezor or Ledger Nano X.
A lot of people here always says that using a hard wallet is the safest wallet that you could use because it will be difficult for hackers to have an access in hardware wallets.
Yeah, having an hardware wallet is the safest for people with huge funds to carry and could be supported with a mobile wallet Electrum for some quick little transaction. Any wallet that allows you to access your Private key, which is not always connected to the internet is a good wallet. For example hardware wallet and desktop wallet. I personally prefer using desktop multi cryptocurrency wallet. There are many in the market. You need to google it and you will find it.
A lot of people here always says that using a hard wallet is the safest wallet that you could use because it will be difficult for hackers to have an access in hardware wallets.
Yeah, having an hardware wallet is the safest for people with huge funds to carry and could be supported with a mobile wallet Electrum for some quick little transaction.
A lot of people here always says that using a hard wallet is the safest wallet that you could use because it will be difficult for hackers to have an access in hardware wallets.
Exodus and BitPay both work good, and Exodus allows you to keep using a single address until you decide to change the settings. Electrum is one another wallet that gives you everything (one of my fav) but you need to be careful while using it as there are many phishing issues coming from the Electrum community as in some cases, they complain about having their BTC stolen due to a phishing server being used in the wallet.
I believe imtoken wallet don't just save only shitcoin it does save bitcoin and ETH. Imtoken is on Play store try have a review about it.
Imtoken do supports BTC and ETH.--> https://support.token.im/hc/en-us/articles/115001657313-Which-tokens-are-supported-by-imToken-
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Do Wallet is like a free wallet that is installed on your smartphone, but you should know that your smartphone is also very vulnerable to hacking if you are not alert, a lot of malware is lurking, use protection such as smartphone antivirus to protect your wallet.To use Hardwar do have to buy at the official store and make sure the new hardware. If buying in an unofficial store ranges get a hardware wallet that has been modified and is very dangerous if used, the asset will be stolen by someone else who modifies the wallet hardware.
There are different types of wallets out there. People mostly use desktop, mobile, online and hardware wallets.
Online wallets on reliable services are fine for relatively small amounts if you use 2FA security layer properly. But you should remember to
check url when visiting online wallets - many fishing sites out there.
Desktop and mobile wallets are also ok if you know associated threats and security measures.
If you are going to keep significant bitcoin long-term, then hardware wallet is a must. There are many manufacturers, including Trezor, Ledger, Keepkey, Bitbox etc. Trezor is the oldest company. Ledger and Trezor are most popular.
I don't know other types of wallets apart from hardware wallets that can gives me confidence that I actually OWN my bitcoins. I've lost some assets on 2 exchanges due to hacker attacks. One of them was Cryptopia. I didn't have any problems with desktop wallets, but I know something about security.
Here is a simple guide: https://bitcoins.menu/#bitcoin-wallets-easily-explained
Online wallets on reliable services are fine for relatively small amounts if you use 2FA security layer properly. But you should remember to
check url when visiting online wallets - many fishing sites out there.
Desktop and mobile wallets are also ok if you know associated threats and security measures.
If you are going to keep significant bitcoin long-term, then hardware wallet is a must. There are many manufacturers, including Trezor, Ledger, Keepkey, Bitbox etc. Trezor is the oldest company. Ledger and Trezor are most popular.
I don't know other types of wallets apart from hardware wallets that can gives me confidence that I actually OWN my bitcoins. I've lost some assets on 2 exchanges due to hacker attacks. One of them was Cryptopia. I didn't have any problems with desktop wallets, but I know something about security.
Here is a simple guide: https://bitcoins.menu/#bitcoin-wallets-easily-explained
I am new to Bitcoin and in the process of setting up a small farm in the basement of my business premises here in the UK. Obviously I need to open a wallet however there doesn't seem to be much discussion or advice available on wallet providers. I've read a few reviews doing a Google search but these often seem biased. I've read some glowing reviews about Blockchain, Coinbase and ZenGo on some sites, however when you read the Trustpilot reviews (a popular review website here in the UK) the ratings are very bad for these wallet suppliers with lots of horror stories.
Can anyone make some recommendations for safe and reliable wallet providers?
Can anyone make some recommendations for safe and reliable wallet providers?
there are much types of wallet depending one specific blockchain you want to run.
1. btc wallet
2. Ethereum wallet
3. EOS Wallet
4. Stellar wallet
etc
for bitcoin wallet I recommend you to use desktop wallet, while for Ethereum only you go for trusted app or possibly you can activate metamask on your web extension.
the EOS wallet that can be downloaded through the websites and the rest would be done.
Stellar you can also be downloaded an installed in your system but you have to make sure all your details are secured and protect your system from being damaged. more can be discussed some post that has been made by some individuals.
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