Topic: What is the best bitcoin wallet (Read 661 times)
Honestly, the first time I hear about the name of this wallet and I need an explanation from you to get enough information about it.
Maybe for the Hot wallet I could say that Safepal, Exodos, Wasabi, and Crypto,.com
and for the cold wallet of course Electrum is number 1 for this, and if you have money I think it is
better to buy, Trezor, Ledger, Hardware wallet or Nano where at least the security is much more higher
and we feel comfortable if we have any of these one,
Good luck dude
and for the cold wallet of course Electrum is number 1 for this, and if you have money I think it is
better to buy, Trezor, Ledger, Hardware wallet or Nano where at least the security is much more higher
and we feel comfortable if we have any of these one,
Good luck dude
What is the best bitcoin wallet BTC in terms of transfer 
The blockchain wallet these days has been raised a lot in conversion fees
The blockchain wallet these days has been raised a lot in conversion fees
The most recommendable bitcoin wallet to use at the moment is Hardware wallet, Trezor, Electrum, and Trustwallet.
If you don't have any amount of money to buy Trezor or a Hardware wallet, you can use electrum if you don't have a budget for
trezor and I think the wasabi wallet is good also for this matter.
Now if you are doubtful about this thing you can also do your research if I am telling the truth or not.
Coinbase isn't the best choice because you don't have a access over your private keys. That's why like many users I prefer non-custodial solutions such as Coinomi, Atomic, Ownr wallet and etc.
Wrong, your reply would have been correct back then when it was Just the Coinbase web interface and app (a simplified exchange and custodial wallet) and Coinbase Pro, formally GDAX.com (Coinbase's advanced exchange).I guess due to competition the brought a new product to the market, A wallet that's noncustodial and lets you have control of your seed phrases and private keys but it's only mobile based as of today and close sourced like many other wallets
https://wallet.coinbase.com
- Android - https://play.google.com/store/apps/details?id=org.toshi
- iOS - https://apps.apple.com/app/coinbase-wallet/id1278383455?ls=1
Very few are
First of all, Bluewallet is a custodial solution (according to https://walletscrutiny.com/android/io.bluewallet.bluewallet/)
Quote
This app was earlier classified as non-custodial but as their main selling point is their “Unfairly cheap and blazing fast transactions on Bitcoin” Lighning Wallet and that wallet is custodial without warning the user about this fact, we have to change our verdict although in summary the verdict remains not verifiable.
On the other hand, Electrum for Android is not open source (yet) but falls into the not reproducible from the source provided.
https://walletscrutiny.com/android/org.electrum.electrum/
Just to clarify, Electrum Desktop is clearly open source.
I suggest you have a look to https://walletscrutiny.com/ to sharpen your axe.
Coinbase isn't the best choice because you don't have a access over your private keys. That's why like many users I prefer non-custodial solutions such as Coinomi, Atomic, Ownr wallet and etc.
Wrong, your reply would have been correct back then when it was Just the Coinbase web interface and app (a simplified exchange and custodial wallet) and Coinbase Pro, formally GDAX.com (Coinbase's advanced exchange).I guess due to competition the brought a new product to the market, A wallet that's noncustodial and lets you have control of your seed phrases and private keys but it's only mobile based as of today and close sourced like many other wallets
https://wallet.coinbase.com
- Android - https://play.google.com/store/apps/details?id=org.toshi
- iOS - https://apps.apple.com/app/coinbase-wallet/id1278383455?ls=1
Very few are open source like BlueWallet and Electrum
Have many Type Cryptocurrency wallet for Hold and storing Bitcoin wallet. I always use Coinbase crypto wallet for BTC. Coinbase is Very strong wallet. Also you can use Blockchain.
Coinbase isn't the best choice because you don't have a access over your private keys. That's why like many users I prefer non-custodial solutions such as Coinomi, Atomic, Ownr wallet and etc.
I am personally testing BlueWallet (BLW). I wanted to try a Lightning Network ready Bitcoin Wallet and I choose BLW. I must admit it's very user friendly and with the new desktop release it might become a good alternative for other wallets.
Anyway, so far my point was to try it for doing a few LN txs. Good for now.
Anyway, so far my point was to try it for doing a few LN txs. Good for now.
You could get yourself a hardware wallet which comes at a fee, however, you are assured of security, Alternatively, you can find other cool and secure mobile and desktop wallets. Atomic Wallet for instance decentralized and non-custodial. It supports huge lists of assets and has some useful features you might make use of once in a while. This includes an instant exchange allowing the exchange of BTC to other cryptos including stable coins, "buy crypto" option and staking support for most crypto assets
I am using the app of blockchain.com for years now (before blockchain.info of course). I had never any problems with it. I like it so much that you could also access the wallet by any computer instead of with your Android phone only.
I've found one interesting wallet in the previous thread - MoneyPipe HD wallet, as a mobile app. At least it's pretty newbie friendly.
https://bitcointalksearch.org/topic/moneypipe-hd-bitcoin-wallet-reviews-criticism-and-suggestions-5269872
https://bitcointalksearch.org/topic/moneypipe-hd-bitcoin-wallet-reviews-criticism-and-suggestions-5269872
Bitcoin Wallet - Secure environment + users have full control over fees.
BRD - the most user-friendly.
BLW - with Lightning Network support.
BRD - the most user-friendly.
BLW - with Lightning Network support.
Have many Type Cryptocurrency wallet for Hold and storing Bitcoin wallet. I always use Coinbase crypto wallet for BTC. Coinbase is Very strong wallet. Also you can use Blockchain.
For me, when it comes to bitcoin wallet, the best one would be the coins.ph bitcoin wallet since I haven't encountered any problems so far in terms of bitcoin transactions (i.e trading, payments). The wallet also gives you on time updates of bitcoin value as well as details regarding the rise or decrease of its value. Transactions are also fast and allows me to easily add more coins or withdraw some for other payments especially emergency ones or when I could only do online payments.
Ive been using this local wallet service app which its really a great convenience but only to those people who do reside on Philippines but if we do talk on global usage I would really like to use up Mycelium aside from my coins.ph wallet.This might not be the best for some people or user but in just my own preference I would really recommend to this one.There are lots of wallets actually the important thing here is that you do able to possess the keys unlike on 3rd party wallets.
For me, when it comes to bitcoin wallet, the best one would be the coins.ph bitcoin wallet since I haven't encountered any problems so far in terms of bitcoin transactions (i.e trading, payments). The wallet also gives you on time updates of bitcoin value as well as details regarding the rise or decrease of its value. Transactions are also fast and allows me to easily add more coins or withdraw some for other payments especially emergency ones or when I could only do online payments.
All seems work fine but my favorite one is Coinbase since they are implementing various coins as time goes to equip their wallet providence. Soon they gonna accept the ERC20 tokens as well.
I think that is a rumor that Coinbase is going to accept ERC20 tokens,because there is no offical announcement in their site and also I read some threads the Coinbase officials confirms that they don't have any plan yet to have ERC tokens in their wallets.
It says that they have intentions to support erc20 tokens in the future.
All seems work fine but my favorite one is Coinbase since they are implementing various coins as time goes to equip their wallet providence. Soon they gonna accept the ERC20 tokens as well.
I think that is a rumor that Coinbase is going to accept ERC20 tokens,because there is no offical announcement in their site and also I read some threads the Coinbase officials confirms that they don't have any plan yet to have ERC tokens in their wallets.
i use greenbits for android
Thats good one mate. They have option to enable and disable the segregated witness and that one can be used as payment URI at many crypto payment website mate. I have Greenbits, blockchain and coinbase in my phone.
All seems work fine but my favorite one is Coinbase since they are implementing various coins as time goes to equip their wallet providence. Soon they gonna accept the ERC20 tokens as well.
i use greenbits for android
You can use your Electrum for storing bitcoin and whenever you want to cahsout just move it to the exchange wallet and it may take only upto 30 minutes or less but your coins will be safe in a wallet.
Maybe OP already knows Electrum? From the post you quoted above:"Though I'm also using Electrum for a much secured storage."
This is the type of post that makes me wish we had some kind of "demerit" button.
As a Filipino, Coins.ph is the best wallet not only that I can store my Bitcoin but they already upgraded their system and now it can already has its own Ethereum wallet. Which make for us Filipinos to easily withdraw or encash our coins and deposit our money and easily convert it to Bitcoin or Ethereum. Though I'm also using Electrum for a much secured storage.
What do you mean that Coins.ph is the only wallet available for filipino? Why you can't use other wallets?
All wallets can be used by anyone in the world and the wallet you saying is not a wallet even it is an exchange which cannot be used to store our bitcoins for any reason.
You can use your Electrum for storing bitcoin and whenever you want to cahsout just move it to the exchange wallet and it may take only upto 30 minutes or less but your coins will be safe in a wallet.
Maybe OP already knows Electrum? From the post you quoted above:"Though I'm also using Electrum for a much secured storage."
This is the type of post that makes me wish we had some kind of "demerit" button.
As a Filipino, Coins.ph is the best wallet not only that I can store my Bitcoin but they already upgraded their system and now it can already has its own Ethereum wallet. Which make for us Filipinos to easily withdraw or encash our coins and deposit our money and easily convert it to Bitcoin or Ethereum. Though I'm also using Electrum for a much secured storage.
What do you mean that Coins.ph is the only wallet available for filipino? Why you can't use other wallets?
All wallets can be used by anyone in the world and the wallet you saying is not a wallet even it is an exchange which cannot be used to store our bitcoins for any reason.You can use your Electrum for storing bitcoin and whenever you want to cahsout just move it to the exchange wallet and it may take only upto 30 minutes or less but your coins will be safe in a wallet.
As a Filipino, Coins.ph is the best wallet not only that I can store my Bitcoin but they already upgraded their system and now it can already has its own Ethereum wallet. Which make for us Filipinos to easily withdraw or encash our coins and deposit our money and easily convert it to Bitcoin or Ethereum. Though I'm also using Electrum for a much secured storage.
Coins.ph is for local country only and I think op is looking for the best android wallet with lower fees than what he currently used.As of now I am only using electrum wallet for my segwit addresses and for legacy wallet I'm using mycelium.
Both of them are fine without any issues.
Some post here are recommending online wallet, which are not actually good.
If you really want the wallet to be fully control you must use the wallet that you can backup the private keys because this private keys is important where you can use for future recovery.
Using coins.ph, coinbase or any wallet without private keys are not safe any time soon they can be down or become scam .
So to be safety always use a wallet that you can backup your private keys for the future if you want it to transfer your wallet to other wallet provider.
As a Filipino, Coins.ph is the best wallet not only that I can store my Bitcoin but they already upgraded their system and now it can already has its own Ethereum wallet. Which make for us Filipinos to easily withdraw or encash our coins and deposit our money and easily convert it to Bitcoin or Ethereum. Though I'm also using Electrum for a much secured storage.
What is the best bitcoin wallet BTC in terms of transfer
The blockchain wallet these days has been raised a lot in conversion fees
The blockchain wallet these days has been raised a lot in conversion fees
For me coins.pH.
Coinbase. I don't see the above users suggesting Coinbase wallet. It supports four coins. Bitcoin, ETH, BCH and LTC. I am using it. I find it safe and secured with 2FA authentication feature. The transaction happens much faster. The transaction fees as well is genuine though it's bit higher than other Segwit upgraded wallet charges. You can yes certainly have trust in it. The customer service is responsive. I do use Electrum wallet as well for Segwit addresses. Transactions fees can be adjusted by choosing number of blocks. Good one.
I will ssay electrum is the best starter bitcoin wallet and the fee is much much less than any other wallets,and you can hold the private keys so funds will be safe.
What is the best bitcoin wallet BTC in terms of transfer
The blockchain wallet these days has been raised a lot in conversion fees
The blockchain wallet these days has been raised a lot in conversion fees
For me coins.pH.
Coinbase. I don't see the above users suggesting Coinbase wallet. It supports four coins. Bitcoin, ETH, BCH and LTC. I am using it. I find it safe and secured with 2FA authentication feature. The transaction happens much faster. The transaction fees are low and genuine though it's bit higher than other Segwit upgraded wallet charges. You can yes certainly have trust in it. The customer service is responsive. I do use Electrum wallet as well for Segwit addresses. Transactions fees can be adjusted by choosing number of blocks. Good one.
What is the best bitcoin wallet BTC in terms of transfer
The blockchain wallet these days has been raised a lot in conversion fees
The blockchain wallet these days has been raised a lot in conversion fees
For me coins.pH.
can i use it for all coins?
Use what? Mycelium? No... Mycelium is Bitcoin only... Also, it isn't really that secure... especially if you've rooted your phone (or someone who steals your phone knows how to root it). The PIN code is stored in plain text in one of the data files
That's pretty much the only "security" that it has.Additionally, it doesn't support SegWit... and the devs seem to more focused on monetizing the wallet than improving it or fixing bugs.
Having said that, the choice of Android wallets is pretty slim... There is a (lite) version of Electrum, but it is a bit feature limited... Samourai is a new wallet with a bit of potential.
As for multicurrency wallets... you'd need something like Jaxx... but to be honest, given the number of issues reported on here, I'm not sure I would recommend Jaxx to anyone.
can i use it for all coins?
Don't use any online wallet/exchanges in terms of security, all of them are vulnerable to hacking and anytime they can be breached and will cause losing your funds. Desktop wallet(electrum download ), offline wallet, and hardware wallets(ledger) are the most recommended yet I use mycelium for mobile wallet and it's considered as secured too as long as you have the backup of the wallet even your phone got lost or someone steal it still you're safe.
Electrum and ledger wallet, it is better to store at yourself, but not on servers from someone
What is the best bitcoin wallet BTC in terms of transfer
The blockchain wallet these days has been raised a lot in conversion fees
There are alot of Bitcoin wallets on the play stores right now but most of them are fakes trying to take away your money from you. here are some trusted wallets for android. always double check on things that you're downloading on Playstore. The blockchain wallet these days has been raised a lot in conversion fees
- Blockchain.info's Official wallet
- Coins.ph (If you live in asia area)
- Coinomi (You can put multi assets here from Bitcoin to altcoins.)
- Breadwallet ( It's easy to use than most of the wallets listed here.)
Electrum is the best wallet to be used, despite the fact of the bug encountered a few weeks ago.
The top bitcoin wallet for me which I am currently using is mycelium and electroneum so far I have not encountered any problems or issues regarding them also you could try blockchain and brickblock because when you are trading many altcoins this wallet are good to use and secure in terms of transferring you coins to other wallet.
Electroneum? Really? When did Electroneum wallet start storing and transferring bitcoin?
What is the best bitcoin wallet BTC in terms of transfer
The blockchain wallet these days has been raised a lot in conversion fees
The blockchain wallet these days has been raised a lot in conversion fees
I still do not understand why we are not considering getting Segwit enabled wallets. Transaction fees from segwit addresses are cheaper than legacy bitcoin wallets.
The top bitcoin wallet for me which I am currently using is mycelium and electroneum so far I have not encountered any problems or issues regarding them also you could try blockchain and brickblock because when you are trading many altcoins this wallet are good to use and secure in terms of transferring you coins to other wallet.
What is the best bitcoin wallet BTC in terms of transfer
The blockchain wallet these days has been raised a lot in conversion fees
The blockchain wallet these days has been raised a lot in conversion fees
Do you want one that is just online? If so, blockchain.info is possibly still rated the best out of online wallets.
If you're fine with a software wallet there's two main options:
• Bitcoin Core, downloadable from bitcoin.org website and the top of this forum.
• Electrum, downloadable from electrum.org/#download.
Bitcoin Core requires a download of 150GB blockchain and electrum just needs a few MBs.
What is the best bitcoin wallet BTC in terms of transfer
The blockchain wallet these days has been raised a lot in conversion fees
The blockchain wallet these days has been raised a lot in conversion fees
Do you want one that is just online? If so, blockchain.info is possibly still rated the best out of online wallets.
If you're fine with a software wallet there's two main options:
• Bitcoin Core, downloadable from bitcoin.org website and the top of this forum.
• Electrum, downloadable from electrum.org/#download.
Bitcoin Core requires a download of 150GB blockchain and electrum just needs a few MBs.
What is the best bitcoin wallet BTC in terms of transfer
The blockchain wallet these days has been raised a lot in conversion fees
The blockchain wallet these days has been raised a lot in conversion fees
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