https://www.ledgerwallet.com and very cheap for such security.
Ledger Nano 39 €
Topic: What should be done for Bitcoin wallet security? (Read 2723 times)
Im a huge fan of Ledger wallets
https://www.ledgerwallet.com and very cheap for such security.
Ledger Nano 39 €
https://www.ledgerwallet.com and very cheap for such security.
Ledger Nano 39 €
For me the best security as of now is authenticator (Google). I used it not only on my bitcoin wallets but also in my e-mails and different sites that supports it. You just need to keep your phone safely, don't let it steal from you or lost it. It is also important that your phone is secured so even it was lost accidentally no one can access it.
A hardware wallet is the best and safest approach to a wallet for the best level of security.
However, if you also take actions to help prevent your PC from being compromised with malware, you should be safe running a normal wallet with an encryption password.
However, if you also take actions to help prevent your PC from being compromised with malware, you should be safe running a normal wallet with an encryption password.
I use web-based wallets. You can use the site Blockchain.info. Generally, they do not recommend online wallets.
But since I do not have much BTC, I can take this risk. If I do have much BTC I would definitely use a hardware wallet.
But since I do not have much BTC, I can take this risk. If I do have much BTC I would definitely use a hardware wallet.
run on secure linux 
Different wallet options are available for Bitcoin. There are Web, Desktop and Hardware wallets.
What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
Web wallets are never safe and even if you install the 2fa security if the web wallet itself shut down then you can do nothing as you dont have control over the web wallet address, so it is always recommened to use desktop wallet and store the passphrase key or wallet.dat file in multi place so that you can recover it if any problem occurs.
Sorry if this is already asked by some1,
as I rmb I heard of this before, but dunno is it just a scam...
is there any BTC wallet there will provide you interest?
as I rmb I heard of this before, but dunno is it just a scam...
is there any BTC wallet there will provide you interest?
Some exchanges provide you interest because they can work with the money or other users need it for margin trading.
I advise you to be careful if you find a wallet that gives you interest (mostly smaller wallet providers) or give it a try with just a few Bitcoins to start/test.
curently i love coinbase now because not charge fee for tranfer to other wallet
but think to good for desktop application wallet could be more safe and powerfull for personal usage
but think to good for desktop application wallet could be more safe and powerfull for personal usage
That should be your concern when using online wallet is to have access to the private key, and always use 2FA is good for your security. But it would be better if you have the desktop wallet like Bitcoin core, Electrum and Multibit write down the seed and save in the safe place and always save your BTC with a huge amount on Desktop wallet. If you use Online wallet always double check the URLs when login to your account.
Different wallet options are available for Bitcoin. There are Web, Desktop and Hardware wallets.
What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
Hardware wallet is the most secured wallet for bitcoin. However, you need to save it in a computer and can not be recovered once it's lost. Web wallet I think is secured enough like Blockchain since it has a features of anonymous ID, password, email confirmation, and 2fa. Web wallet is also convinience that once you want to withdraw or deposit, you can easily just do it by signing in in any computer, phones, or laptops. What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
Different wallet options are available for Bitcoin. There are Web, Desktop and Hardware wallets.
What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
According to Me If you are Using Online Bitcoin Wallets Like Blockchain then I Will Suggest you to Enable E-mail Verification Every time when you login into your Bitcoin Wallet and also you can enable 2FA Verification for the Security Of your Funds and your Wallet.....What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
That's all for the Security Of your Bitcoin Wallet..........
Different wallet options are available for Bitcoin. There are Web, Desktop and Hardware wallets.
What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
I think, Blockchain is safe enough since it has a feature that is unique/ganuine. Its identifier isnt easy to be known, it has a security which rquires passoword, email confirmation, and mobile number confirmation. It keeps hackes to prevent hacking.What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
I think, this is the best wallet enough to secure huge amount of bitcoins
To ensure your wallet security, you must first have a secure operating system. My recommendation would be Linux systems.
You can use Tails OS for this. But here are some things you need to be aware of. Everything in the tails operating system is executed via RAM. All of your time information that you started from the computer will be deleted.
You can also check out the recently released BitKey Linux distribution. It comes with some tools ready for Bitcoin.
Here's the topic: https://bitcointalksearch.org/topic/bitkey-new-linux-distro-for-bitcoin-1777596
You can use Tails OS for this. But here are some things you need to be aware of. Everything in the tails operating system is executed via RAM. All of your time information that you started from the computer will be deleted.
You can also check out the recently released BitKey Linux distribution. It comes with some tools ready for Bitcoin.
Here's the topic: https://bitcointalksearch.org/topic/bitkey-new-linux-distro-for-bitcoin-1777596
OpenBsd is only one operating system that works most with security than all the bling bling stuff most other operatings systems like to do.
Would install wallet on OpenBsd and split the bitcoin profit between different wallets, if pc gots hacked you still have money on hardware wallet if some genius hacker figure out how to hack your hardware wallet (well no one will hack hardware wallet if you are offline) then you still have paper wallet.
The most important thing don't share with people what operating system you use, i personally have extra layers of security and i would not like to talk about them.
Would install wallet on OpenBsd and split the bitcoin profit between different wallets, if pc gots hacked you still have money on hardware wallet if some genius hacker figure out how to hack your hardware wallet (well no one will hack hardware wallet if you are offline) then you still have paper wallet.
The most important thing don't share with people what operating system you use, i personally have extra layers of security and i would not like to talk about them.
Different wallet options are available for Bitcoin. There are Web, Desktop and Hardware wallets.
What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
1. Watch out to never believe web online wallets because relying on third parties to hold and operate your bitcoins poses a big risk for the security of your bitcoins.
2. Desktop wallets are as secure as your PC is, meaning if you have a rock solid Debian Linux system, should be no problem in theory if you are the sole user of your PC. You can visit porn sites, and any site you like in Linux , it's far more immune than Windows, but still I don't recommend you doing so. Electrum offers top of the line security for desktop wallets so I recommend you download and install it in your Linux (in Windows is OK, but security of Windows can compromise that of your wallet) www.electrum.org
3. Hardware wallet is the best choice, which ever you choose, you have made the right choice in my view.
PS. based on your username on the forum here, I guess you should have no problem in using Linux
What should we do for the safety of our Bitcoins? What should be done for Bitcoin wallet security?
Education, education and education. There is no single solution that would make all wallets safe. People need to learn how to make their wallet safe. 
Different wallet options are available for Bitcoin. There are Web, Desktop and Hardware wallets.
What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
when ever people ask about wallet security one thing that always come to my mind is: How have I been safeguard my fiat money in my possession, bank and my Atm cards. You should know that your username and password is the only way from your part and every others security are secondary. Bitcoin offline or online wallet, the only way to secure them is strong password and how you also secure the password itself. What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
Bitcoin wallets or any other wallet is just as secure as the wallet in your back pocket! if you take the right precautions then you should not"should not" have any problems but if your careless and reckless using your computer then hand your coins over to a friend that is probably safer then you holding them
Different wallet options are available for Bitcoin. There are Web, Desktop and Hardware wallets.
What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
- Webwallet is the worst, because it can either be stolen by the wallet, or by 3rd party hacker with javascript virus or virus on your pc
- Desktop wallet is better because it can only be stolen by virus on your pc , but dont have to worry about javascript vulnerability
- Hardware wallet is the best, because it theoretically cant be stolen, but it can still be lost, so backup is needed!
Different wallet options are available for Bitcoin. There are Web, Desktop and Hardware wallets.
What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
Ensure that you are the sole owner and controller of private keys. Not using internet wallets at all is generally quite a good idea unless you want to avoid transaction fees and have someone like coinbase.com pay them instead.
There are good hardware wallets like trezor (the more known the brand is, the less likely it is for them to be scams although it may be less secure just due to the fact that their more commonly used).
Good software wallets include bitcoin core (a full wallet that downloads the entire blockchain) and electrum (a light wallet that does not download the blockchain).
All the wallets I mentioned encrypt their private keys but with coinbase, you don't have access to them.
Bitcoin Core is the original wallet releaased by the bitcoin developers.
Electrum is a wallet that uses "public keys" (a set of characters used to generate addresses and show the addresses in a wallet) to get how much the user owns - not transmitting any private keys at all.
Different wallet options are available for Bitcoin. There are Web, Desktop and Hardware wallets.
What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
What are the things to watch out for these wallets? What should we do for the safety of our Bitcoins?
Only a few web wallets worth using these days but If its for holding large amounts of BTC then definitely not a good idea.
In the different types you mentioned , hardware wallets are the best choice , If we take Ledger Nano S as an example then using it cannot be an issue as long as you have the device with you and even If you use an infected PC that won't hurt you at all while on desktop applications , If you have a malware installed then you are pretty much screwed.
How much can we trust the hardware manufacturer? For example, the source codes of desktop wallets are clearly shared. Can source codes be examined in hardware-based wallets?
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