-what are the best Bitcoin wallets? | Bitcointalksearch.org

ice098

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Quote from: [email protected] on January 24, 2021, 09:01:56 AM

I kept my Bitcoin on Binance since 2017 and I feel pretty safe. Pretty dumb move but so far have not been hacked. However, the new bullrun is approaching and anything can be expected to happen.
Mightiest have fallen before, so I'd like to play it safe.

what Bitcoin wallets would you recommend for storage? or any other viable solutions?

For a larger amount of Bitcoin (assuming that it is really big now since bitcoin is over $50000 now I am recommending hardware wallet such as Trezor and Nano Ledger, I think both of it can hold any coin that is under in any chain (I am not sure about this though) , and be sure you put that hardware wallet in a safe place. Next to it is software wallet, but I don't have prior experience on that thing but some reviews says that it is good. I also have some assets in Binance as well I just make sure that my password is strength with alphanumeric combination and 2FA.

charlesmichel1

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I use Trezor for long-term storage and Ownr as a wallet for everyday needs.

ranochigo

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Quote from: ?? on ??

Bitcoin Core is better option in term of privacy. Unless you run your own Electrum server the client app of the same name connects to 3-rd parties servers many of which are run by blockchain analytics agencies. That compromises both your wallet's addresses and balances.

Not a fair comparison. Bitcoin Core and Electrum are completely different type of implementations, with one being an SPV while the other is the fully validating wallet. It'd be a skewed comparison because SPV wallets are generally not very good at keeping privacy as compared to fully validating node. There are however, wallets that are focused on privacy and that would actually be a better wallet than Bitcoin Core for privacy. Wasabi Wallet, for example gives the optimum privacy for an SPV wallet with it's built in CoinJoin and Tor, which Bitcoin Core lacks.

Dabs

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As mentioned, I would also recommend both Electrum and Bitcoin Core wallets. Depending on how much BTC you have, you may want to learn about multi-signature wallets too, and running your own full node as well.

bob123

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Quote from: raise001 on January 25, 2021, 01:18:25 PM

One of the most recommended hardware wallets is the Trezor wallet. I could call it my best cryptocurrency wallet. It is a “bulletproof” Bitcoin wallet and is hyper-secure

Please.. if you don't know what you are talking about, there is not a single good reason to make a post about it.

You are misleading others.

No single form of storage (regardless whether hardware wallet or air-gapped storage) is bulletproof.
Especially the trezor has known hardware vulnerabilities.
I'd recommend you to look it up.

Lucius

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Quote from: raise001 on January 25, 2021, 01:18:25 PM

One of the most recommended hardware wallets is the Trezor wallet. I could call it my best cryptocurrency wallet. It is a “bulletproof” Bitcoin wallet and is hyper-secure....

Are you familiar with the vulnerability that this HW has in the sense that it is very easy to hack the same device and steal the seed if someone comes into the physical access of your device? Of course there is protection from that attack, but how many people know about the possibility to set passphrase? Not a single HW is bulletproof, these are just myths for naive people...

Quote from: Mkmanik on January 26, 2021, 01:51:22 AM

Personally I am using a Blockchain wallet for my Bitcoin and I feel safe here.

You use a blockchain.com wallet which is actually an online wallet, so although there is a difference between that service and Binance, I would not keep more than a few hundred dollars in such a wallet. The fact that you feel safe there can only confirm that you do not fully understand the risks arising from services like that.

Mkmanik

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Quote from: [email protected] on January 24, 2021, 09:01:56 AM

I kept my Bitcoin on Binance since 2017 and I feel pretty safe. Pretty dumb move but so far have not been hacked. However, the new bullrun is approaching and anything can be expected to happen.
Mightiest have fallen before, so I'd like to play it safe.

what Bitcoin wallets would you recommend for storage? or any other viable solutions?

Not your key, Not your Bitcoin. although Binance is a very trustworthy exchange it's not safe for storing bitcoin. We know Binance also hacked at May 8, 2019 Hackers Steal $40 Million Worth of Bitcoin From Binance Exchange. Here is the link: https://www.bloomberg.com/news/articles/2019-05-08/crypto-exchange-giant-binance-reports-a-hack-of-7-000-bitcoin

I would suggest you use a desktop or mobile wallet for storing your Bitcoin. from here you can choose any Bitcoin wallet: https://bitcoin.org/en/choose-your-wallet Personally I am using a Blockchain wallet for my Bitcoin and I feel safe here. I am also using Trust wallet as a multi-currency wallet.

mk4

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Quote from: Kid4U on January 25, 2021, 11:54:09 AM

Accourding to me binance is absolutely perfect and safe where anyone can hold all of his funds without the risk of stoleing .
I personally use binance
but the another wallet which is safe for holding your funds is Coinbase wallet and also blockchain.com

😬

You pretty much just recommended the top exchanges right now(besides Blockhain.com). If you think exchanges doesn't have risks of your funds getting stolen, then you're very, VERY wrong. https://cryptosec.info/exchange-hacks/

raise001

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One of the most recommended hardware wallets is the Trezor wallet. I could call it my best cryptocurrency wallet. It is a “bulletproof” Bitcoin wallet and is hyper-secure — it supports Windows, Linux, Max and has one of the best Android wallet apps available for cold storage crypto investment.

dupee419

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If you are to store huge amounts of Bitcoins or whatever that you are holding, the best tip really is buying a hardware wallet, and if you want your earning to go around, having a mobile wallet is very trusty and convenient, with the use of mobile wallets, you can make transactions much much easier, I tries Bitpay, still using it right now and I can say, the UI is actually family friendly and you can assure that your security is at maximum level because of how Bitpay actually offers different ways on securing your account.

kevinzxz

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Quote from: [email protected] on January 24, 2021, 09:01:56 AM

I kept my Bitcoin on Binance since 2017 and I feel pretty safe. Pretty dumb move but so far have not been hacked. However, the new bullrun is approaching and anything can be expected to happen.
Mightiest have fallen before, so I'd like to play it safe.

what Bitcoin wallets would you recommend for storage? or any other viable solutions?

Trust Wallet is the right choice for storing your Bitcoin, besides that you can also use Trust Wallet to store altcoin (ETH, Tron, BNB, ERC20, BEP20, etc.) and access dapps from Trust Wallet (1inch, Pancake, UniSwap, etc.), therefore I recommend you to use Trust Wallet, because in my opinion Trust Wallet is a wallet that is very easy to use and simple.

Kid4U

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Accourding to me binance is absolutely perfect and safe where anyone can hold all of his funds without the risk of stoleing .
I personally use binance
but the another wallet which is safe for holding your funds is Coinbase wallet and also blockchain.com

Noctis Connor

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Quote from: [email protected] on January 24, 2021, 09:01:56 AM

I kept my Bitcoin on Binance since 2017 and I feel pretty safe. Pretty dumb move but so far have not been hacked. However, the new bullrun is approaching and anything can be expected to happen.
Mightiest have fallen before, so I'd like to play it safe.

what Bitcoin wallets would you recommend for storage? or any other viable solutions?

For me ever since bitcoin is legal in my country i use the wallet my country preferred and if you got one in your country then you should trust in them and if you are holding big amount of bitcoin since you think that there will be a bullrun will be happen then the best wallet im thinking so far is hardwallet where you can store your bitcoin it can be easily to put it in your pocket or in your bag. But it is always up to you since it was your bitcoin we're talking about it was just an opinion of mine and it was 100% safe unless you drop it.

jacobbernsteinnyc

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Hi there.

My name is Jacob Bernstein and I'm a reporter at the New York Times, where, as it happens, I'm crashing a quick piece about people who actually use bitcoin to make purchases (as opposed to those who are holding it purely as an investment).

Given the subject of this posting, I think maybe I'm maybe in the right place to talk to people about this.

If you'd like to hit my up today, I'm at 212 529 6573 and I can be found on Twitter, where my verified handle is Bernsteinjacob. My insta is Jacobbernsteinnyc. Any of which you can use to verify that I'm not a catfishing lunatic.

All best, JB

bitzizzix

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I think coinbase is one of the easiest ways to buy, sell and store cryptocurrency and apart from that this digital exchange provider and online cryptocurrency wallet is great for people who are new to Bitcoin.
It's easy to get started, the most well-known cryptocurrency exchange and has a strong track record of security and another great feature is Coinbase Earn which gives you free cryptocurrency in return for watching videos and taking quizzes and more.
actually there are still many of the best bitcoin wallets and it all depends on the comfort and security felt by their use.

Indever

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It's been a while since I came to this forum. As far as I've been concerned these days, if you save a lot of money, you should use Trezor, Ledger Nano. And if you want to save a small amount of bitcoin, you can use wallets like Electrum, Coinomi, Coinbase. I think the electrum is much better.

jasonjm

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Quote from: [email protected] on January 24, 2021, 09:01:56 AM

I kept my Bitcoin on Binance since 2017 and I feel pretty safe. Pretty dumb move but so far have not been hacked. However, the new bullrun is approaching and anything can be expected to happen.
Mightiest have fallen before, so I'd like to play it safe.

what Bitcoin wallets would you recommend for storage? or any other viable solutions?

If you have a handsome amount of BTC then I suggest you should use Ledger, trezor, or cold wallets. Electrium is also a good option to store your funds.

mk4

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Quote from: Question123 on January 25, 2021, 07:17:46 AM

I use coins.ph It is only for my country or base in the Philippines so I hold my bitcoin to this because I really trusted this because I used it more than 5 years from now and until now I did not have any issue in using this and I feel safe that my bitcoin is safe and easy to transact and convert bitcoin to fiat anytime that I want to do that.

I personally use Coins.ph as well and they do provide a great great service(it's pretty much Coinbase on steroids), but you know what they say.. NOT YOUR KEYS, NOT YOUR COINS. The only acceptable reason that you'd leave funds on a custodial wallet/exchange like Coins.ph is if you're literally not intellectually capable of grasping the concept of non-custodial wallets; pretty much if you're like age 40+ or something that doesn't know how to use a computer.

Question123

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Binance is a good exchanges but I will never recommending to hold your bitcoin or any altcoins that you have in any exchanges it's better to keep it to the bitcoin wallet. I use coins.ph It is only for my country or base in the Philippines so I hold my bitcoin to this because I really trusted this because I used it more than 5 years from now and until now I did not have any issue in using this and I feel safe that my bitcoin is safe and easy to transact and convert bitcoin to fiat anytime that I want to do that.

Lucius

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Quote from: [email protected] on January 24, 2021, 09:49:45 AM

Quote from: Lucius on January 24, 2021, 09:28:32 AM

dejankralj101, until you are 100% sure what is what, and how it works - you better leave everything as it is now, otherwise you could become a king without a kingdom Wink

That just made my day m8 Cheesy

If I had some merit I would merit you. But best I can do is thank you.
Cheers!

You're welcome Wink

Don't worry about merits, I'm glad you liked my comment - even though it's just the two of us who know what it's all about

If by any chance you decide to buy a hardware wallet, I recommend that you buy it for cash in one of our physical stores (Links or BitcoinStore). This will protect your privacy, and most Ledger users know what that means.

Topic: -what are the best Bitcoin wallets? (Read 606 times)