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Topic: What type of wallet do you use? - page 13. (Read 38593 times)

sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
June 01, 2017, 01:46:27 AM
The wallet I use the most is web wallet since it is very convenient and easy to use as long as you have an internet access since I don’t have so much bitcoin at hand but if so then I will go with hardware wallet for more secure storage.
I doo prefer the web wallets for the convenience it provides compared to the offline wallets. Most prefer offline wallets for the increased security, but now a days online wallets too have got necessary security features to make our holding safe. It's good to use hardware wallet for long term investment, who just save it and forget it. After long years the value will be very big than what people expect.
sr. member
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
June 01, 2017, 01:39:33 AM
The wallet I use the most is web wallet since it is very convenient and easy to use as long as you have an internet access since I don’t have so much bitcoin at hand but if so then I will go with hardware wallet for more secure storage.
sr. member
Activity: 322
Merit: 250
May 31, 2017, 09:42:44 AM
I use blockchain.info, this is my first purse, and I do not want to change it (I'm used to it).
Safe or not in blockchain?
sr. member
Activity: 434
Merit: 250
May 31, 2017, 09:40:08 AM
When started to use bitcoin that time i used XAPO and COINBASE , till some time back i was using coinbase but after they all started to charge for incoming and outgoing transaction i stopped them. Now i am using Electrum Desktop wallet as i have full control on my wallet address and i can use it any way and any where by just remembering the passphrase

I started out the same way as well, and I totally understand why.  It was super convenient and easy to purchase and use, but the mere fact that you are relying on those centralized exchanges to purchase and store coins are dangerous.  Even purchasing your coins from there makes me, personally, uncomfortable.  Now and days I just use localbitcoins.com or bitsquare.io.  

I do not know what your job is, but if you are a trader you should use the same trading platform as your wallet, just turn on the security features, your money will be very safe. . It is also very convenient for your job.
sr. member
Activity: 322
Merit: 250
May 31, 2017, 09:38:12 AM
Safe wallet and small fee what wallet is it?
full member
Activity: 224
Merit: 100
Spastic dead-eyed hound.
May 31, 2017, 09:37:36 AM
When started to use bitcoin that time i used XAPO and COINBASE , till some time back i was using coinbase but after they all started to charge for incoming and outgoing transaction i stopped them. Now i am using Electrum Desktop wallet as i have full control on my wallet address and i can use it any way and any where by just remembering the passphrase

I started out the same way as well, and I totally understand why.  It was super convenient and easy to purchase and use, but the mere fact that you are relying on those centralized exchanges to purchase and store coins are dangerous.  Even purchasing your coins from there makes me, personally, uncomfortable.  Now and days I just use localbitcoins.com or bitsquare.io.  
newbie
Activity: 17
Merit: 0
May 31, 2017, 09:36:28 AM
I use blockchain.info, this is my first purse, and I do not want to change it (I'm used to it).
full member
Activity: 308
Merit: 100
May 31, 2017, 09:35:32 AM
When started to use bitcoin that time i used XAPO and COINBASE , till some time back i was using coinbase but after they all started to charge for incoming and outgoing transaction i stopped them. Now i am using Electrum Desktop wallet as i have full control on my wallet address and i can use it any way and any where by just remembering the passphrase
The same here, when they started counting ongoing and outgoing fee, I stopped using them Smiley
full member
Activity: 224
Merit: 100
Spastic dead-eyed hound.
May 31, 2017, 09:34:45 AM
I use web wallet and I prefer to use it that other wallets listed because I can see it is safest in my part, unlike hardware wallet though it is stated that it is safest once your computer hacks with some other hackers your wallet is in danger also when you reformat your computer unexpectedly it is a bye bye coins. Web wallet is easier to use, you can access it whenever or wherever you are, but then fees might vary of this because it increases too. But it is up to you where you can easily access your coin..

Any wallet you have that is on any website is super vulnerable to all kinds of attacks, I would highly suggest you to take them off now.  For one thing, typing out your private keys to access your wallet all the time is an insanely bad idea because of the fact that there could be key loggers on your device recording your private keys and stealing them without you knowing.  Or better yet, they could log your password to get into your wallet as well... not to mention that I'm pretty sure all web wallets have your private keys; so if you aren't the only one who is in control of your private keys, you don't necessarily "own" your coins.

There are just so many security vulnerabilities, that it just sounds like that is just a bad idea to have everything you own on a web wallet. I know it's "convenient", but Bitcoin suggests and proposes the idea to let you "be your own bank" for a reason.
full member
Activity: 126
Merit: 100
May 31, 2017, 09:33:04 AM
I use Blockchain as it is the  wallet that enable me to get private key. So basically, I OWN my money in MY WALLET
I think so. It make me feel free on my thought "I own my Bitcoin, not the wallet creators"
You're right. Like Coinbase, We don't own our Bitcoin. Coinbase keeps our Bitcoin, what we see in our balance is kust on our COINBASE BALANCE, so, if we need our private key? No way Smiley
legendary
Activity: 1190
Merit: 1002
May 31, 2017, 09:30:36 AM
When started to use bitcoin that time i used XAPO and COINBASE , till some time back i was using coinbase but after they all started to charge for incoming and outgoing transaction i stopped them. Now i am using Electrum Desktop wallet as i have full control on my wallet address and i can use it any way and any where by just remembering the passphrase
full member
Activity: 152
Merit: 100
May 31, 2017, 09:28:17 AM
I use Blockchain as it is the  wallet that enable me to get private key. So basically, I OWN my money in MY WALLET
I think so. It make me feel free on my thought "I own my Bitcoin, not the wallet creators"
full member
Activity: 126
Merit: 100
May 31, 2017, 09:26:25 AM
I use Blockchain as it is the  wallet that enable me to get private key. So basically, I OWN my money in MY WALLET
full member
Activity: 420
Merit: 100
May 31, 2017, 09:24:12 AM
I think electrum is suitable for all of us even if he is a newbie or an expert. I have used electrum for many years and I find it very useful and easy to use. Right now, I am using two wallets: core and electrum. Core is better since you can do many things with it. If you want to learn some advanced techniques with your Bitcoin, Core will be the best choice
Yeah, right now, electrum is better but when Xapo, Coinbase and other wallets have no fee on their transactions, they are the most suitable wallet for newbie, they don't even earn enough money to pay their fees
jr. member
Activity: 63
Merit: 5
May 31, 2017, 09:22:23 AM
I use both keep key and mycelium.
nod
full member
Activity: 126
Merit: 100
May 31, 2017, 09:21:28 AM
I use web wallet at they have mobile app that enable me to send Bitcoin from smartphone. As I have a lot works to do and have to go to a lot of places so I need a wallet that enable me to send Bitcoin anywhere, anytime I want
sr. member
Activity: 324
Merit: 250
May 31, 2017, 09:19:43 AM
When I first time knew about Bitcoin, I knew nothing about it so I used a web wallet called Xapo (maybe you know that name).  As its transaction fee is free so I keep using it until it recently, counting fee on their transaction Smiley
newbie
Activity: 30
Merit: 0
May 31, 2017, 09:18:00 AM
I used web wallet and mobile wallet
mobile wallet is very compatible for quick transactions
full member
Activity: 294
Merit: 100
May 31, 2017, 09:16:55 AM
I am using Electrum, as it was the first wallet I used so I keep using it for a long time.And I see that the transaction fee and confirmation time is pretty better than other wallets Smiley
hero member
Activity: 896
Merit: 500
May 31, 2017, 09:13:31 AM
At first I use blockchain.info, it was my first wallet since 2 years ago i know bitcoin. Then I use coinbase because there is no fee, even though it is now a fee. But I still use it. Using the wallet in the exchanger is also good as in bittrex and poloniex but we have to keep it secure

I used to use coinbase, but now it is not my choice. Charges are not a reason for me to give up. After a long time of use, I noticed coinbase is not a good wallet, sometimes, I want to make a transaction, but they do not execute it immediately, my deal is even made long after.
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