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Topic: What wallet should I use for Bitcoin? (Read 389 times)

member
Activity: 346
Merit: 47
February 11, 2020, 11:01:57 AM
#39
Tap has a mobile app that is both a cold wallet and a hot wallet ensuring your crypto is always secure and accessible. The Tap wallet is completely secure and comes with 2-factor authentication. So you can rest assured your assets are not only accessible but that they are always safe.
sr. member
Activity: 1204
Merit: 388
February 09, 2020, 03:00:07 PM
#38
Waht do you think of the most secure option wallet?
I prefer to use Wallet on my Android phone.
The most secured wallet for me is Coinbase because i have used it for years and i don't encounter any system errors such as hacking, slow transaction, security problems and etc. So i think if you are looking for a secured wallet i suggest you should really used Coinbase wallet.


Coinbase doesn't give you full control over your wallet and because you have been using it for years doesn't validate your point.
Not your key, not your wallet.


For me, I use Mycellium wallet which gives you addresses like segwit, and legacy address. You can also connect with hardware wallet like Keepkey, Ledgers, etc.
legendary
Activity: 2380
Merit: 5213
February 09, 2020, 02:34:31 PM
#37
The most secured wallet for me is Coinbase because i have used it for years and i don't encounter any system errors such as hacking, slow transaction, security problems and etc. So i think if you are looking for a secured wallet i suggest you should really used Coinbase wallet.

Here we are talking about bitcoin.
Bitcoin was created to make us independent from third parties. Does Coinbase make us independent from third parties?

You haven't had any problem with Coinbase. But it doesn't make Coinbase the most secured wallet.
We can say a wallet is secure if you are the only person who has full control of your fund. Do you have full control of your bitcoin when you use Coinbase?
Bitcoin was created to protect our privacy.
Does Coinbase allow you to spend your bitcoin if you want to be anonymous?

legendary
Activity: 3262
Merit: 1376
Slava Ukraini!
February 09, 2020, 01:59:51 PM
#36
I would like to go to coinbase since most of my friends that is also doing crypto is using it. It also offers a double authentication every time you log on that will increase the security of your cryptocurrency. They are using it for a long time so I have decided to use it also since it is proven and tested by them.

The most secured wallet for me is Coinbase because i have used it for years and i don't encounter any system errors such as hacking, slow transaction, security problems and etc. So i think if you are looking for a secured wallet i suggest you should really used Coinbase wallet.
It's bad suggestion. Coinbase isn't a wallet at all. Coinbase is just centralized exchange, which requires KYC and where you don't have control of your crypto - they don't give you access to your private keys. And fact that you didn't had any issues so far doesn't mean anything. What if they just will kock your account with all funds tomorrow just because you got some crypto from gambling website? Exchanges is worst place to keep your crypto, and it applies to all exchanges, not just Coinbase.
jr. member
Activity: 57
Merit: 4
February 09, 2020, 11:39:52 AM
#35
Waht do you think of the most secure option wallet?
I prefer to use Wallet on my Android phone.

I use Breadwallet on my IPhone for small amounts, and hardware wallets for larger. 

Trezor s great!
legendary
Activity: 2492
Merit: 1145
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February 09, 2020, 09:47:21 AM
#34
I would like to go to coinbase since most of my friends that is also doing crypto is using it. It also offers a double authentication every time you log on that will increase the security of your cryptocurrency. They are using it for a long time so I have decided to use it also since it is proven and tested by them.

In using cryptocurrency for a long time, most of the problem we can face today is with the use of having a trusted wallet and secured because today many hackers or scammers attempting to create a clone and pretending application or website that is telling that they are legit and authentic. For using a long time a cryptocurrency wallet, many people suggested the coinbase and this wallet has a web base too and created an application that is easy to use because once you open the coinbase its already show the market price of the bitcoin and the other coin next is it is a faster transaction of sending funds and investment, also they have a excellent features that can helps their users notifying about the real time market price of the coins and also you can set the alarm to report to you when the price you already set is reached now.
Cloning a wallet is surely considered as a phishing attack, This kind of trick won't be effective if you are familiar with your wallet or you have a 2fa or other security measure to ensure your security. It's not an issue for me for the whole time I'm using bitcoin wallet tho. I've also tried Coinbase before and it is a good wallet that everyone suggests, But non-custodial wallets are the best for me because you yourself own the wallet and you have full control of it. Btw I am using nano ledger s as my primary wallet.
jr. member
Activity: 34
Merit: 1
February 09, 2020, 09:44:47 AM
#33
Mycelium does it thing for me, nothing more needed for Android. But if you're holding large amounts, take a look at hardware wallets, the safest option out there. I've heard Tresor can be hacked if someone gets access to it, but I don't know for sure. And of course, make your own research, there's a ton of information on each type of wallet
sr. member
Activity: 966
Merit: 274
February 09, 2020, 07:39:56 AM
#32
Waht do you think of the most secure option wallet?
I prefer to use Wallet on my Android phone.
The most secured wallet for me is Coinbase because i have used it for years and i don't encounter any system errors such as hacking, slow transaction, security problems and etc. So i think if you are looking for a secured wallet i suggest you should really used Coinbase wallet.
full member
Activity: 1484
Merit: 136
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February 09, 2020, 07:12:10 AM
#31
I would like to go to coinbase since most of my friends that is also doing crypto is using it. It also offers a double authentication every time you log on that will increase the security of your cryptocurrency. They are using it for a long time so I have decided to use it also since it is proven and tested by them.

In using cryptocurrency for a long time, most of the problem we can face today is with the use of having a trusted wallet and secured because today many hackers or scammers attempting to create a clone and pretending application or website that is telling that they are legit and authentic. For using a long time a cryptocurrency wallet, many people suggested the coinbase and this wallet has a web base too and created an application that is easy to use because once you open the coinbase its already show the market price of the bitcoin and the other coin next is it is a faster transaction of sending funds and investment, also they have a excellent features that can helps their users notifying about the real time market price of the coins and also you can set the alarm to report to you when the price you already set is reached now.
full member
Activity: 644
Merit: 127
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February 09, 2020, 05:33:06 AM
#30
I would like to go to coinbase since most of my friends that is also doing crypto is using it. It also offers a double authentication every time you log on that will increase the security of your cryptocurrency. They are using it for a long time so I have decided to use it also since it is proven and tested by them.
sr. member
Activity: 882
Merit: 258
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February 09, 2020, 05:11:22 AM
#29
Waht do you think of the most secure option wallet?
I prefer to use Wallet on my Android phone.
Actually if you just prefer android phone to used so mobile wallet is the one you are looking at I suggest that one of the best wallet I have been used through the years is the electrum in which it is very good and responsible to keep our private keys and wr have the chance to control are private keys as well as to check our crypto personal assets time by time so I prefer to used this wallet although there are a lot of wallets that are accessible to android phone this electrum has one of the best ratings so far.
hero member
Activity: 1582
Merit: 502
February 09, 2020, 04:02:46 AM
#28
Electrum is the most popular Bitcoin wallet so far. So, you may have a look at that. Though many people feel Electrum is heavy to use if you feel the same then buy a hardware wallet, go for Ledger for it. Web wallet like Coinbase, Blockchain also better.
It's better to recommend them with hardware wallets, such as Ledger and Trezor. Hardware wallet is always superior to web wallet where we do not hold private keys, Whereas the hardware wallet is perfect because we control the Crypto assets, we control the private key.
hero member
Activity: 1890
Merit: 831
February 09, 2020, 02:52:07 AM
#27
There are a lot of wallets that are already listed but I would like to say that for every country you have this wallet which is more secure , local at the same time and you could interact with the company whenever you have a problem or something.
So I usually recommend keeping 2-3 wallets .
1. International
2. Local
3. Wallet on the sites like local bitcoins

Also you can go ahead and download some lightning wallets or wallets like samourai if you want to pay less fee.
jr. member
Activity: 267
Merit: 7
February 09, 2020, 02:34:42 AM
#26
You want a wallet stored on Android, I can recommend you a wallet that I always use is a trust wallet, developed by binance of the world's top 1 exchange, will get the best support if user assets are hacked, accumulated many dapps and can create multiple wallets on the same device, especially wallets also support the majority of coins on the market
full member
Activity: 646
Merit: 102
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February 09, 2020, 01:28:15 AM
#25
There are a lot of good bitcoin wallets you can download or use on your Android phone. Few of which include:

1. Blockchain wallet no doubt has proven secured over the years. Just ensure you activate all the security measures and keep your pass phrases safe. Then you are good to go.

2. Imtoken is one of the top and best rated bitcoin wallets we have on the space. This is not just a bitcoin wallet, you can also use it to store other cryptocurrencies.etc.

The bottom line of all these wallets is SECURITY. Get a wallet you can have access and control over your funds. Get a wallet that is secured. It is your responsibility to keep your funds safe!
hero member
Activity: 2520
Merit: 952
February 09, 2020, 01:04:49 AM
#24
I use Coinomi, as long you have minimal funds and just looking for wallet on the go, it's a good option. Hardware wallets like trezor, ledger are most secure, you can use them with your android by otg cable.
legendary
Activity: 3808
Merit: 1723
February 09, 2020, 12:32:23 AM
#23
I wouldn't store any Crypto especially on a phone and especially on an Android which is usually more prone to get malware compared to Apple. Same with keeping crypto on a Windows 10 desktop computer.

My advice? Use electrum on Cold storage and if done correctly you will NEVER get your crypto stolen. All you need aside from your regular computer is an old computer that you NEVER connect to the internet. Around your house you shuld have an old laptop that you can use. Make the wallet on that old computer and use it to sign transactions and broadcast it on the online computer. At first its confusing but eventually you will get the hang of it. Plus its free compared to buying a hardware wallet.
sr. member
Activity: 1022
Merit: 257
February 09, 2020, 12:28:35 AM
#22
If you can buy a hardware wallet, that would be your best option, I am using trezor since I started saving bitcoin, and I don't encounter any issues and it is guaranteed that your bitcoin will be safe as long as you don't share any information of your wallet.
If you don't want to use a hardware wallet, you can use Electrum wallet or Mycelium since it is most likely the most used wallet as of today.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
February 08, 2020, 11:40:21 PM
#21
Waht do you think of the most secure option wallet?
I prefer to use Wallet on my Android phone.

For only storing Bitcoin I use Mycelium wallet on my Android device. I have been using this wallet and have never faced any issue with it. I would recommend you to use it for storing Bitcoin.

For multi cryptocurrency I use the Atomic wallet for android. It is a bit slow but you can store more than 300 coins and tokens. It also comes with option for staking.
legendary
Activity: 2464
Merit: 2094
February 08, 2020, 11:37:17 PM
#20
For OP, you have many solutions to your questions so far about safe wallets for cellphones. So now you just have to choose and test it yourself, and I dont think you are looking for a secure wallet to hold lots of assets your bitcoin, because in my opinion cellular is not a safe place to store lots of assets and you should consider its safety. Choose according to your wishes and if you want to store a lot of bitcoin assets then you have to buy a hardware wallet.
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
February 08, 2020, 11:00:04 PM
#19
Breez Wallet was the first lightweight non-custodial wallet with Lightning Network support. I buy a lot of gift cards so this is a good choice for me.
full member
Activity: 1232
Merit: 186
February 08, 2020, 10:58:49 PM
#18
If you are a Filipino then I suggest you to use Coins.ph, it is the best wallet (IMHO) here in the Philippines Smiley. But if you are not then I suggest you to uae Mycelium, I used it before and I am satisfied with it as well. Unlike other mobile wallets, Mycelium is bech32 supported so you won't have any problems when making transactions here in the forum since it is the kind of address oftenly use here Smiley.
hero member
Activity: 2814
Merit: 553
February 08, 2020, 10:55:46 PM
#17
Just to add up, I'm using Electrum for 3 years now in my mobile and I dont have any troubles experienced since. While at the same time I'm also using a local custodial wallet for fast convertion from fiat to crypto and vice versa.
I recommend also to use your mainstream local wallet (If you have any) just for fiat to crypto convertion, or you can just use Electrum like most of the people have recommended.

Just make sure to save your key or paraphrase in case you lost your phone, so you can import your wallet from another device with ease.
member
Activity: 448
Merit: 21
February 08, 2020, 10:40:50 PM
#16
Electrum is the most popular Bitcoin wallet so far. So, you may have a look at that. Though many people feel Electrum is heavy to use if you feel the same then buy a hardware wallet, go for Ledger for it. Web wallet like Coinbase, Blockchain also better.
hero member
Activity: 924
Merit: 505
February 08, 2020, 10:38:03 PM
#15
If your local country has any financial service that creates its own wallet that supports bitcoin it is your best option. In our country, we have that kind of wallet that I am using for the past 5 years. Aside from it, I am using the Electrum wallet, it could be your first option since it is really secured but make sure that you are not downloading the fake one.
sr. member
Activity: 1120
Merit: 272
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February 08, 2020, 10:19:38 PM
#14
If you have a large amount of bitcoin, it should be stored in a hardware wallet which is proven to be very safe for storing bitcoin.
If your bitcoin isn't too much,should be stored in an online wallet, like electrum wallet. And don't make it a habit to save funds
excess in exchanges wallet, only save funds for trading capital only.

For me, I used Electrum wallet for 5 years and it went well because on that time, I don't have too much bitcoin. I'm just a newbie in crypto world so that as  I read some information what is a preferable wallet, I found out that Electrum wallet is the most used. Your bitcoin private key has a password, so stranger can't easily have an access to your account. But right now, I also use SegWit Wallet for a more larger amount of bitcoin because I see that it is also secure for larger bitcoin. It is also the fastest and have least bugs and errors, so most of the people are using this. It is no doubt, because of the reviews and feedback of the people who uses it, I see that they are really comfortable with this wallet.
sr. member
Activity: 1932
Merit: 300
February 08, 2020, 10:02:00 PM
#13
Electrum provides ownership and better control over your coins but is not very user friendly. Coinbase web wallet can be easy to get things done and easy to use. They even have an feature to send fellow coinbase users a zero fee transaction using their emails and many merchants do receive no fee transaction from coinbase wallet. I personally use both, coinbase has my bitcoin on the go while I use electrum while I need to access my bitcoin wallet on desktop through seed words.
sr. member
Activity: 1554
Merit: 334
February 08, 2020, 09:43:53 PM
#12
If you're into serious amounts and security, while also preserving flexibility, go for a hardware wallet like Ledger.

If you plan to keep it as safe as possible, and plan to hold long-term, consider storing it in an air-gapped device storing an offline/cold/paper wallet.

If it's not that much and you plan on trading/spending it anyway, then go for online wallets (though not that safe).
hero member
Activity: 3052
Merit: 651
February 08, 2020, 09:19:22 PM
#11
Electrum is the only thing which I had used up until now.

I am a little lazy to research again with new ones since I am already okay with the old.
Issues: None for a lot of years.
Pros: Yes, it is in android.
Cons: I cannot think of something in my experience.
legendary
Activity: 3388
Merit: 1205
February 08, 2020, 09:17:11 PM
#10
Waht do you think of the most secure option wallet?
I prefer to use Wallet on my Android phone.

I personally use Blockchain wallet as I have a better security when I use an online wallet. The best one in my opinions are still hardware wallets or cold wallets when you can safely deposit and hold your cryptocurrencies. If you want to use Android phone wallet,go for Blockchain or Mycellium , both are great and never had an issue when I used them but I don't recommend them for holding, just for quick trading or selling.
legendary
Activity: 3262
Merit: 1376
Slava Ukraini!
February 08, 2020, 07:06:11 PM
#9
Why is nobody mentioning the bitcoin core wallet itself? I know you should have enough bandwidth and huge storage but if you can afford that, why not give it a try? For me, it is one of safest and when you want to transfer your coins to exchanges or other wallets, you will incur a very small fee, depending on your priorities.
Bitcoin Core definitely is a great choice, but OP is looking for Android wallet.
sr. member
Activity: 1876
Merit: 318
February 08, 2020, 07:00:40 PM
#8
If you have a large amount of bitcoin, it should be stored in a hardware wallet which is proven to be very safe for storing bitcoin.
If your bitcoin isn't too much,should be stored in an online wallet, like electrum wallet. And don't make it a habit to save funds
excess in exchanges wallet, only save funds for trading capital only.
full member
Activity: 1904
Merit: 138
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February 08, 2020, 06:52:53 PM
#7
Why is nobody mentioning the bitcoin core wallet itself? I know you should have enough bandwidth and huge storage but if you can afford that, why not give it a try? For me, it is one of safest and when you want to transfer your coins to exchanges or other wallets, you will incur a very small fee, depending on your priorities.
legendary
Activity: 2450
Merit: 1472
February 08, 2020, 06:46:31 PM
#6
It's a generic question and there are a lot of answers
You have to know that for small values, you can keep with smartphone wallets, online wallets or even exchanges, but only for small values, don't forget

If you are talking about medium values, it's recommended to have your own wallet, could be Electrum for example, in a safe computer

But if you are talking about higher values, I only recommened hardware wallets, it's the most secure way to keep your coins safe, Trezor wallet is well recommended
sr. member
Activity: 1638
Merit: 300
February 08, 2020, 06:46:20 PM
#5
In the past, I am using the Electrum wallet. It is trusted and been popular with a lot of people, it is the most suggested wallet for me too since that is the usual line of people I ask about a bitcoin wallet in an android phone. I can't use that now since I don't have that much crypto currencies so I just use coins.ph now, one of the most popular exchanges in our country.
legendary
Activity: 3262
Merit: 1376
Slava Ukraini!
February 08, 2020, 06:04:51 PM
#4
It's not advised to store large amounts of money on phone, but if you prefer Android, there is few good options for you:
Bitcoin wallet - good, open source wallet with SegWit support. https://play.google.com/store/apps/details?id=de.schildbach.wallet
Mycelium - another popular and safe wallet https://play.google.com/store/apps/details?id=com.mycelium.wallet
Electrum - mobile version of one of the most popular desktop wallets https://play.google.com/store/apps/details?id=org.electrum.electrum
Coinomi - great multicurrency wallet. https://play.google.com/store/apps/details?id=com.coinomi.wallet
And probably best option - get Ledger Nano X hardware wallet - they have Ledger Live app for Android. https://play.google.com/store/apps/details?id=com.ledger.live
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
February 08, 2020, 05:52:25 PM
#3
If Android is your only option then I've been using Mycelium for several years with no trouble at all. It's still actively developed, unlike the iOS version, and the source code is viewable.

Make sure to set a pin and of course test and back up your seed. What I do is note the first receiving address it gives me and then erase the wallet and restore it with the seed to check the same address pops up.
hero member
Activity: 2212
Merit: 805
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February 08, 2020, 05:40:12 PM
#2
What do you think of the most secure option wallet?
I prefer to use Wallet on my Android phone.

There are various "secured" wallets currently available today. Whether you prefer mobile or desktop wallets is up to you. Below are some of the most popular Bitcoin BTC wallets and the platforms that they support.

1. Electrum Wallet
Platforms supported: Android, Windows & Linux.
Download page: https://electrum.org/#download

2. Mycelium Mobile wallet
Platforms supported: Android & iPhone.
Download page: https://wallet.mycelium.com/contact.html

3. Trezor Hardware wallet
Platforms supported: Hardware-based wallet device.
Download page: https://trezor.io/start/

Aside from these three, there are more wallets. However, you should be good with either of the ones I posted. feel free to check their websites and download pages.
newbie
Activity: 1
Merit: 0
February 08, 2020, 05:33:57 PM
#1
Waht do you think of the most secure option wallet?
I prefer to use Wallet on my Android phone.
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