What is the best bitcoin wallet now?

btcney

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Quote from: yyyshhha1415 on May 20, 2017, 11:01:50 AM

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

I wouldn't recommend online wallets at all because right now there is simply no reason to use them - every single online wallet is now charging you the transaction fee and that was the reason why most people used onine wallets - to avoid that costly transaction fee. Coinbsae has added new transaction fees, so has Xapo. Just use a desktop client.

I suggest using exodus, you can store multiple cryptos in there and track their performance. In a sense it is also a web wallet as you can shift your coins from one to another by using the integrated shapeshift function. You'll be ery surprised at how clean and slick the interface is.

19Nov16

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Quote from: arwin100 on May 28, 2017, 06:46:32 PM

Blockchain.info is still the best for me since we can fully trust this site and see certain transaction made easily without having a laggy times around. But currently im using coins.ph since these wallet is the one who's been known to my country and we can withdraw our btc to fiat easily on any banks available around but i can't trust this wallet for long time staking since they have bad issue on wallet locking and we cannot do nothing with it since they will keep that we violate their TOS.

Yeah right and I agree blockchain.info is the best web wallet, I use the coinbase and the xapo, but a week ago I sent about 0.04 btc via XAPO and cost more than 150k satosi for normal services (5 days 6 confirmations).

nejibens

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Quote from: bimmerdriver on May 28, 2017, 07:45:14 PM

Quote from: arwin100 on May 28, 2017, 06:46:32 PM

Blockchain.info is still the best for me since we can fully trust this site and see certain transaction made easily without having a laggy times around. But currently im using coins.ph since these wallet is the one who's been known to my country and we can withdraw our btc to fiat easily on any banks available around but i can't trust this wallet for long time staking since they have bad issue on wallet locking and we cannot do nothing with it since they will keep that we violate their TOS.

I think blockchain is a trustworthy company and their wallet is easy to use. However, it's so dumbed down and their "dynamic fee calculator" is so broken that it's a detriment, and their support is utterly non-existent. Trust and simplicity don't count for much if you can't trust the wallet to recommend appropriate fees and to provide a proper mechanism to enter custom fees. To enter a custom fee, you have to know the transaction size and then convert the fee from sat/B into the required form. For most people, that's not simple.

I am using Blockchain wallet as well, it is safe , secured and haven't problems with it. There is no "dynamic fee calculator", the wallet simply send the needed fee to get the transaction confirmed fastly. Otherwise your transaction will not be confirmed, or you will wait for days at least. You have to know that as the bitcoin's price increased the fee value increased as well, it is absolutely normal and fair.

bimmerdriver

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Quote from: arwin100 on May 28, 2017, 06:46:32 PM

Blockchain.info is still the best for me since we can fully trust this site and see certain transaction made easily without having a laggy times around. But currently im using coins.ph since these wallet is the one who's been known to my country and we can withdraw our btc to fiat easily on any banks available around but i can't trust this wallet for long time staking since they have bad issue on wallet locking and we cannot do nothing with it since they will keep that we violate their TOS.

I think blockchain is a trustworthy company and their wallet is easy to use. However, it's so dumbed down and their "dynamic fee calculator" is so broken that it's a detriment, and their support is utterly non-existent. Trust and simplicity don't count for much if you can't trust the wallet to recommend appropriate fees and to provide a proper mechanism to enter custom fees. To enter a custom fee, you have to know the transaction size and then convert the fee from sat/B into the required form. For most people, that's not simple.

arwin100

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Jack of all trades 💯

Blockchain.info is still the best for me since we can fully trust this site and see certain transaction made easily without having a laggy times around. But currently im using coins.ph since these wallet is the one who's been known to my country and we can withdraw our btc to fiat easily on any banks available around but i can't trust this wallet for long time staking since they have bad issue on wallet locking and we cannot do nothing with it since they will keep that we violate their TOS.

BitcoinNewsMagazine

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New users need to realize how important the ability to send a transaction RBF is to avoiding delayed/stuck transactions. I only recommend Electrum to friends, and also recommend they get a Ledger Nano S or Trezor to manage private keys.

bimmerdriver

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Quote from: BitcoinNewsMagazine on May 26, 2017, 04:16:25 PM

Let's start with the worst bitcoin wallets that beginners should avoid like the plague:

blockchain.info - comes up in search results so beginners use it but is terrible at estimating fees. There are more complaints about stuck transactions with this wallet than any other. Do not use!

Blockchain seems to be a stable company, but what you say is correct. Their dynamic fee calculator is a complete joke. It's worse than useless. If you want to enter custom fees, you need to know what you're doing, because the blockchain wallet does not support entering fees in sat/B, does not even tell you the transaction size and if you enter a fee that's higher than their recommendation, it will give you a warning as if it's grossly excessive. In addition, the blockchain wallet does not provide RBF so if you have a stuck transaction, all you can do is wait and hope that blockchain won't keep resending it. On top of all that, blockchain support is completely useless. You may as well send an email to Santa. Why do I know this? Because only this morning, two stuck transactions that blockchain resent finally confirmed. One was stuck for almost two weeks, the other for more than a week. The only reason they finally cleared is because the mempool is finally getting less backlogged. Blockchain is a great example of a company that's only around because of past reputation. They are ripe for some competition to come in and take their business away.

BitcoinNewsMagazine

legendary

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Let's start with the worst bitcoin wallets that beginners should avoid like the plague:

blockchain.info - comes up in search results so beginners use it but is terrible at estimating fees. There are more complaints about stuck transactions with this wallet than any other. Do not use!

Multibit HD - very buggy and many complaints by users. Again, do not use!

Because of the fee estimation problem it is important to use a wallet that lets you send a transaction replaceable or RBF. When sending from Electrum if you check the box marked replaceable and your transaction is taking too long to confirm you just click on the transaction and bump the fee up. No stuck transactions!

GreenAddress also supports RBF but is more complicated to use than Electrum, and Mycelium does not support RBF at all.

Electrum is stable, well supported and easy to use on desktop or Android and has the all important RBF ability. Start with the best is my opinion.

naidray

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Quote from: yyyshhha1415 on May 20, 2017, 11:01:50 AM

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

I think a bitcoin wallet without any charges is not less than a day dreaming. Currently I don’t know about any such wallets who don’t charge any fee for it and the reason is that why it shall be free? After all you are keeping your wealth in it so what if you pay a little and remain secure.

Some gambling sites are still not asking us tx fees for withdrawing bitcoins from them, but people are suggesting not to use them as a wallet services.

shinratensei_

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Quote from: yyyshhha1415 on May 20, 2017, 11:01:50 AM

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

Electrum, MultibitHD.
You will able to set your customs fees because both of wallets already supported it. Make sure if you're always holding your private key. The hardware wallet is recommended a way for you but I sure if you don't want to pay more just for storing your Bitcoin.

Nathan047

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Quote from: mrjoy15 on May 22, 2017, 10:12:38 AM

Offline wallet must be the best choice rather uses online wallet.

Defiantly. With a software, hardware, or paper wallet you have possession of your private keys and bitcoins. With a web wallet (or at least most web wallets) you don’t control you keys and thus you don’t control you Bitcoins.

mrjoy15

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Offline wallet must be the best choice rather uses online wallet.
I would like to something express more as based on your needs hardware or software must be best and keys are maintained in a secure offline environment on the hardware wallet, which means that only real user with access to wallet.

Nathan047

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Quote from: Bonpay on May 22, 2017, 04:51:56 AM

Quote from: yyyshhha1415 on May 20, 2017, 11:01:50 AM

I dont know what is the best btc wallet now because some wallet has hidden charges.

Hi!
You might be interested in this wallet - Bonpay (https://bonpay.com/wallet/)
A team of bitcoin specialists implement advanced technologies to make storage more comfortable and more useful with fair and transparent fees. Besides, You may get a free bitcoin card, in case you subscribe on our website. Our specialists do their best to provide holistic and high-quality services.

I would be really careful if I were you. A new web wallet promoted by a newbie, a risk at the least (well, all web wallets are a risk, but this one is a lot more).

Bonpay

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Quote from: yyyshhha1415 on May 20, 2017, 11:01:50 AM

I dont know what is the best btc wallet now because some wallet has hidden charges.

Hi!
You might be interested in this wallet - Bonpay (https://bonpay.com/wallet/)
A team of bitcoin specialists implement advanced technologies to make storage more comfortable and more useful with fair and transparent fees. Besides, You may get a free bitcoin card, in case you subscribe on our website. Our specialists do their best to provide holistic and high-quality services.

SimmonenY

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Quote from: BitcoinPanther on May 22, 2017, 01:07:31 AM

Quote from: yyyshhha1415 on May 20, 2017, 11:01:50 AM

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

For a beginner, I would suggest electrum bitcoin wallet, they have desktop and smartphone version of wallet. You can export and import private keys, and the most important as of this moment is the dynamic transaction fee that adjusts your fee according to the latest fee. I have been using electrum and never find any problem on the transaction using their dynamic tx fee.

Yeah, I've also started with Electrum. It's extremely userfriendly so you won't have a problem with it. But you'll have to pay fees anyway, I don't know any wallet without fees. You should compare different wallets to find what suits you.

BitcoinPanther

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Quote from: yyyshhha1415 on May 20, 2017, 11:01:50 AM

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

For a beginner, I would suggest electrum bitcoin wallet, they have desktop and smartphone version of wallet. You can export and import private keys, and the most important as of this moment is the dynamic transaction fee that adjusts your fee according to the latest fee. I have been using electrum and never find any problem on the transaction using their dynamic tx fee.

zupdawg

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Quote from: delliaerd on May 20, 2017, 05:47:05 PM

Quote from: yyyshhha1415 on May 20, 2017, 11:01:50 AM

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

about hidden charge, i think almost every bitcoin wallet has it.

I can't think of any wallet provider that have hidden charges? if you mean the transaction then i think you should go and study more about bitcoin. it is quite funny to see a Hero Member don't know this kind of things about bitcoin LOL

delliaerd

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Quote from: yyyshhha1415 on May 20, 2017, 11:01:50 AM

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

about hidden charge, i think almost every bitcoin wallet has it. Just choose which one is lower than other.
Every bitcoin wallet has own features that they offer, for now i using blockchain.info to store my bitcoin balance, blockchain is easy online wallet to use. It also provide for mobile. But for other choice, electrum is good also, it work fast. the client does not download the blockchain, it requests that information from a server. No delays and lways up to date.

Mbokani

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Quote from: yyyshhha1415 on May 20, 2017, 11:01:50 AM

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

Nothing is free in the virtual world,you need to pay up transaction fees every time you send coins and there wont be any hidden charges,until recently we had xapo and coinbase which are online web wallets providing free transactions and with the price of bitcoin increasing and the transaction charges going up they too had to start charging fees ,you could either use an online wallet as said before or you can use electrum which is a lite wallet where you can set your own fees ,but remember if you are not providing the proper fees the transaction might get delayed or rejected.

Idrisu

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Quote from: yyyshhha1415 on May 20, 2017, 11:01:50 AM

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

For now the best wallet that I have used is blockchain.info. Since I have been using this wallet I have never regretting as there fees is ok. For what you are looking for, i don't think there is any good wallet providers that are not charging fees. It mean when you want to investment in your gambling, do your analysis including fees.

btcdevil

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Quote from: mrcash02 on May 20, 2017, 01:48:04 PM

I wouldn't use a wallet for all my Bitcoins, in my opinion the best option is to let your money always working for you, what means you could split all your funds among investment sites like casinos and any other trusted site generating passive income for you. Splitting money reduces the chances to be scammed and increases the chance of profit.

But i think that saving the bitcoins means buying and keeping bitcoins in wallet itself is a big investment option right now, because you can see what is the price right now going on, investing in casinos or any other sites are no more safe and now after the price of btc right now any site can go scam and the investors will lose their investment

mrcash02

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I wouldn't use a wallet for all my Bitcoins, in my opinion the best option is to let your money always working for you, what means you could split all your funds among investment sites like casinos and any other trusted site generating passive income for you. Splitting money reduces the chances to be scammed and increases the chance of profit.

bartolo

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I think Mycelium is the easiest and most interesting option because it allows you to choose the type of fees you are going to pay before each transaction. Mycelium allows you to choose between four transaction types, high priority, normal, economical and low priority. If you want to make an urgent transaction you can choose high priority although you will pay a lot higher fees. If you want to save money on fees and don´t mind waiting you can choose economical. However, by choosing normal, they tend to be fast transactions because the wallet calculates the necessary fees.

Nathan047

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There’s no such thing as a fee-less wallet; and your wallet software will have nothing to do with the amount of fees charged. I’d recommend Electrum or MultBit for PC and Electrum or Mycelium for mobile. Of course it wouldn't hurt to run your own node if you can.

snipie

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Quote from: bouren on May 20, 2017, 11:09:53 AM

Quote from: yyyshhha1415 on May 20, 2017, 11:01:50 AM

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

A Bitcoin wallet without fees is just imagination now after Coinbase and Xapo started charging fees.
I would recommend you to adopt to present scenario of bitcoin where transactions only work with adequate fees and rest just struggle for days.
By the way, recommended wallets for desktop is Electrum and for mobile is Mycelium. Both allow you to set fees according to your own preference.

Didn't notice this but coinbase is only letting you to avoid paying transactions fees between two coinbase accounts since it happens off-chain
Well actually I don't recommend any wallet, just use Bitcoin core or similar apps that allow you to fully control your coins and avoid the risk of hacks...

neochiny

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Yep, Electrum is still best. It's light and easy to use without sacrificing performance.

Just go to https://electrum.org/#home and choose which OS suits you. If you need help setting up your desktop wallet,
you could use this guide > http://bitzuma.com/posts/a-beginners-guide-to-the-electrum-bitcoin-wallet/

And lastly, read up on transaction fees. Or you could use this site's fee calculation tool >http://www.mocacinno.com/page/feeestimate
Plus, if you already know how to calculate transaction size, then here's https://bitcoinfees.21.co/ for the optimal fees to choose from.

Slark

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Quote from: yyyshhha1415 on May 20, 2017, 11:01:50 AM

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

AFAIK there is no wallets with 'hidden charges' you need to know that Bitcoin transfers are not free, there was always a transaction fee required.
The difference is - current tx fee is ridiculously high around $2 while in the past it was no more than couple US cents.

It is impossible that any wallet will offer fee-less services, (they would have to pay for every transaction) it is not feasible.

Just use standard lighweight software wallet like Electrum - it offers good mix of security and comfort.

bouren

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Quote from: yyyshhha1415 on May 20, 2017, 11:01:50 AM

I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

A Bitcoin wallet without fees is just imagination now after Coinbase and Xapo started charging fees.
I would recommend you to adopt to present scenario of bitcoin where transactions only work with adequate fees and rest just struggle for days.
By the way, recommended wallets for desktop is Electrum and for mobile is Mycelium. Both allow you to set fees according to your own preference.

yyyshhha1415

newbie

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I dont know what is the best btc wallet now because some wallet has hidden charges.
While transfering btc to other wallet needs payment and in gambling site is so slow.

Topic: What is the best bitcoin wallet now? (Read 1106 times)