Topic: What type of wallet do you use? - page 29. (Read 38593 times)

Seriously? I thought they are already requiring fees for every transaction like sending and requesting a withdraw hrmmm What is true? Because I already stopped using it for having now a charge. I have some satoshis there that I've collected from their mobile apps maybe I could get it now.

As voted above i prefer to use the web wallet as it's easy to access from wherever you want in the world. In the list of web wallets i prefer to use coinbase wallet and blockchain wallet . Their interface is simple and easy to use with some nice UI .

Absolutely right, our main concern is transaction fees. Obviously, in beginning it can't accept anymore pay on average a higher fee on every single transaction. Paper wallet welcome to save bitcoin for long periods of time, but frequent transactions can't recommend.

It all depends on how long one needs to save their bitcoins. But if one want to do more daily transactions than online wallets are more preferable. I use XAPO online wallet for my daily transactions because they don't have any fee for sending money and also their transactions are quite fast.

Until now i have some wallet for storing bitcoin,  everything I use bitcoin web wallet and for this i feel comfortable with the purse it, other than it  i also looking wallet that no cost cuts or the fee of a very cheap because income bitcoin i am a little, if pieces too large bitcoin i run out

paper wallet used if you want to save bitcoin for long periods of time. if you have a lot more transactions frequency, the paper wallet is not appropriate to use

I use a web wallet, and for me, it's a comfortable way to use money.

I use the wallet here in my country called coins.ph because it has many good features like:
1. You can buy bitcoins easily in the convenient store.
2. You can pay bills or tuition fee in college universities.
3. Easily to cash out or withdraw your money.
4. Fast and smooth transaction.

I think the desktop wallet is a wallet safest because you do not depend on a third party and you are fully responsible for your bitcoin.

I think they are getting confused with the wallet because there are the signature campaign, where yobit sent there payment in their yobit account, saying that, they thought that it is a walet, but it is not. And yeah, better try to be careful or you will (literally) cry a river.

I usually prefer to keep my funds in offline wallets since they are much more safe and easy.

For your more information there's no yobit wallet and no web wallet existing with that name, yobit is just an exchange and better to call that yobit bitcoin wallet address. And once yobit got hacked like bitfinex crisis, then time to say goodbye to your coins. And ll you can do is cry out loud

Yobit wallet never heard that thing i thought that yobit is a trading site..
For me i am not using online wallet since i have many experience of using them online wallets like in xapo coinbase and even blockchain  i experience some bad in my wallet.. unlike in light weight wallet like electrum is work perfect and never experience any issue in my laptop.. its been 2 years that my wallet still alive in my laptop..

in fact everyone has their own choice and i personally using Blockchain wallet and yobit wallet and they both are more reliable and trusted wallets and i am using them for a long time.

Before I used bitcoin wallet from different exchange then one of my friend here in the forum said to me using wallet in the exchange is not advisable to use it for a long term because their hosting sites are getting a problem it will be a big problem to me so He advised me to use bitpay, mycelium, blockchain, and electrum.

The only wallet I used as always was Electrum, I don't have a problem on this wallet so far for the past 3 months that I had been using it. It was cool, and I know many of the bitcoin users are also enjoying this wallet as their storage to save some few of bitcoins.

I used 3 wallet such as web wallet, hardware, and electrum wallet, but most often was electrum and web wallet. So far is good to me and never encounter any such issues about it.

Yeah electrum is the best wallet to use the only thing you need to take care is just save your backup in a file and keep it intact so even if you forget your password or your laptop gets crashed you can easily recover your wallet and you will not loose any amount of bitcoin from that.

This is perfect.  People need to take a different view of wallets because Bitcoin is genuinely a currency than can have everyday use rather than just being viewed as an asset to hold forever.

My advice for people's use of wallets is similar to my advice for their money storage in real life:

-If you're only interested in trading, hold a hardware wallet for storage at home and send smaller amounts to the exchange for use in everyday trading.  If you have smaller amounts, holding it in a lightweight desktop wallet would be fine as long as you're very careful about what sites you access.

-If you're interested in Bitcoin as an investment in itself and want to hold it for a long time, hold it in a dedicated hardware wallet, paper wallet or computer wallet and don't mess around with it ever, especially if you're holding large amounts.

-If you're interested in Bitcoin as a currency and want to hold large amounts, keep some of it in a cold or hardware wallet and leave some in a web wallet for convenient everyday use.  If you're holding small amounts, keeping it all in a web wallet is fine as long as it's quite secure and free like Blockchain.

There are so many uses that Bitcoin has and people always need to find different combinations for their individual situations.  I'm most interested in Bitcoin as a currency and for now only hold small amounts of it, which is why I keep it in my online wallet.

I have been using the Electrum wallet for the past one year and i have not found a single issue in using it.No synchronising issue.Its a very much secured wallet.A seed is generated for password when we register.That seed can be used to recover our wallet when we forget our password or if our laptop gets damaged.Its generally advised not to use online wallets for security issues.