Topic: What Bitcoin wallets are best to use? - page 12. (Read 15928 times)

As bitcoin has its own protocol, so it just need to be with internet to access wallet for bitcoins.

Already there are mainly four types of wallets are present as

1) App wallet
2) Desktop wallet
3) Hardware wallet
4) Web wallet

Its up to user to choose most convenient wallet for there needs.
And also have to take all precautions and security majors for wallet whichever you choose.

Addition level of security can enhance wallet sustainability.

Personally, I used Electrum for BTC. It is a compact installation and does not need to download the blockchain (as with bitcoin is huge now after many years of transactions  ). It connects through the blockchain via remote connection to a blockchain explorer. In my experiences, its very easy and very quick to use. And as long as you secure your wallet code, which is a string of words unique to your wallet, it is very forgiving, should you forget your encryption key, all you have to do is create a "new" wallet using your original wallet code and you have your wallet back sans encryption code. That is why it is extremely important to secure your code, as anyone with it can do the same thing.   

However, I do use other wallets besides Electrum. I have a xapo wallet, however, in my experiences is only really good for things like faucets and gambling where they offer direct pay and/or bonues for using a xapo wallet. There is multiple layers of passwords and confirmations that can sometimes make it a hassle to access your coin quickly. I usually end up flushing my xapo wallet into my electrum wallet every few weeks so that I have better access to my coin.

I'm using xapo, is xapo ok for gambling site?

i personally using yobit. and i think it is the best bitcoin wallet for me. i am using it for so many time. i also suggest you to make your bitcoin wallet in yobit.

im from philippines and most of the people here uses coins.ph wallet. i also used that before but when my account there got banned because of gambling, i switched to blockchain and coinbase.

There are four main types of wallets

• Desktop/Software Wallet is one that you install on your own computer or mobile device. You are in complete control over the security of your coins, but they can sometimes be tricky to install and maintain.
• Hardware Wallet is like movable thing where you can store your own bitcoin and carry anywhere build with strong security.
• Smartphone/App Wallets are also great tool to get control over your web wallet with apps. Some of actual just apps are also can be used to send, receive or store bitcoins securely.
• Web Wallet or hosted wallet is one that is hosted by a third party. They are often much easier to use, but you have to trust the provider to maintain high levels of security to protect your coins.
  Every wallet has own existence and importance.

Read more at http://bitgold.co.in/get-bitcoin-wallet/

A “Bitcoin wallet” is basically the Bitcoin equivalent of a bank account. It allows you to receive bitcoins, store them, and then send them to others.

I didn't heard about that site, i don't think it's will be easy for an average person to trust that site because it's not popular like blockchain or even coinbase. But it's better if you do some research about that site and also find some feedbacks from other people who are using that site if that is a trusted or not .

i registered with bitgo.com/login it seems no one talks about it.
what do you think guys?

                                                     

https://bitcointalksearch.org/topic/m.15278564

There a lot of wallet to choose: first one is web wallet like xapo,coins.ph(Philippines)blockchain and coinbase and there are also other wallet aside from that like mobile,desktop and hardware wallets. So it's very hard to advise what bitcoin wallet is the best because all of us are always have our own favorite type of wallet. So if you want to choose what's kind of wallet you like and also learn about those kind of wallet you can read some informations from this site: https://bitcoin.org/en/choose-your-wallet .

all the bitcoin wallets can be good. but each of them are good for a different purpose. for example a web wallet like blockchain.info is good but it is not the most secure. if you are ever looking for the safest wallet you should only choose a wallet that is offline, download from a legit place and then install on an always offline system and you have the best wallet.

An important thing I haven't seen much mention of, is the security of your own PC. Historically Windows is the most insecure, but it's difficult to dump everything you know. Your online habits affect this a lot. Do you cruise porn sites? Do you download music or movies? Do you use Edge or Internet Explorer?  The more bitcoin you acquire, the more important these questions become.

Any online wallet is convenient, but you are at the mercy of persons unknown. If they go down, your bitcoin can disappear. Multibit is good, but at the time I quit using it, it did not easily support proxy servers. If you have several PCs behind a firewall this could be a problem. Electrum is good because you can easily restore your wallet from phrases that you should write down before your PC goes belly up. Cold storage is the best for longtime use. If you are in the USA, Coinbase's online wallet is good, because they are making big efforts to comply with money laws. Conversely, you give up some privacy to use it.

How long do you keep a computer? If your PC suddenly refuses to boot up, can you recover important files from it? If you take it to any PC shop, do you know that they won't find/steal your private keys?

Phone wallets are very convenient to spend BTC with, make sure you can keep your BTC if the phone is lost or stolen.

Now i use bitcoin wallet from blockchain.info because I think they have a good security to protect our bitcoin, moreover, many bitcoin users who use the blockchain service . Thank you

of course your bitcoins are the safest in the cold storage but i think it iss better to hold it in an online wallet like blockchain.info in order to spend it whenever you want

Xapo right now many complain about this wallet just heard that they are ban someone without any reason.. better to use electrum is my opinion.. online wallet also is not a good idea better to dont choose coinbase because i already experience of delay responce

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I personally like light wallets such as Multibits - I would never leave some BTC in exchanges (see the fiasco that is happening with the Yobit exchange) or I would not leave BTC in an online wallet either; anything outside my control is seen as potentially hackeable.

Xapo has recently started to get on the problematic KYC band, and as such they are randomly blocking some users, suddenly, who are surprised they can't get access to their BTC all of a sudden. Don't trust outside servers is my motto.

Really? well i will use Xapo for my faucet's then ( i dont do them usually unless im veery very bored ) cause it is really perfect to deposit there from faucetbox,when i have deposited into blockchain from faucetbox,i got actually almost no money after transfering it...

Coin base, blockchain, multibit is a trusted and safe wallet to use.
But if you a newbie who is care about 20k satoshi's fee, xapo is the answer.
Xapo has no fee

I've two best bitcoin in my choice for cold storage I chose to download it directly from the site bitcoin.org and for everyday use I use blockchain.info

Best bitcoin wallet to use is Blockchain.info, because it has got the simple interface even a person using it first time clearly understands what were the features present.