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Topic: What wallets do you use? - page 137. (Read 53835 times)

member
Activity: 83
Merit: 10
June 28, 2017, 07:48:40 AM
#68
What's the safest online wallet to use? I'd love to use cold storage but annoyingly temporarily don't have the facilities

what do you mean by "facilities" a cold storage doesn't really need anything special or weird! you just disconnect your internet and run a live linux to make a paper wallet for example.

but if you are looking for an "online" wallet then use a light (aka SPV) wallet such as electrum or multibit-HD on your desktop computer.


I mean I have no personal laptop which I can use to download software and have therefore restricted myself to online exchanges to store my coins
sr. member
Activity: 714
Merit: 250
June 28, 2017, 06:47:53 AM
#67
I only used coins.ph. as what i know its the only  trusted btc wallet  here in philippines.
I have seen many Philipino people using coins.ph I guess they are biased towards this wallet just because it has .ph in the address.
But I wouldn't go as far to say that this wallet is trusted, or better than any SPV software wallet you can use.
If you care about mobility then mobile version of Electrum should be good enough, I recommend this wallet instead of coins.ph.

Im using coins.ph for too long now. As this apps is easy to use, no fees when sending funds to the same addresses. Also, its easy to exchange into fiat currency. Whereas can send from coins.ph to any remittance and banks. Anyone can use any wallet as long they are safe, secure and easy to use.
hero member
Activity: 2590
Merit: 644
June 28, 2017, 06:30:11 AM
#66
I use electrum as of now because when i searched the wallets that supported the BIP148 then electrum is one of them and based on the reviews and ratings that i saw, electrum is having a good rating and good review so i don't take any hesitation to download it and use it until now because i feel safe because of the features that electrum have that i can't see that other wallets have.
hero member
Activity: 713
Merit: 501
June 28, 2017, 06:22:27 AM
#65
Electrum is a lightweight wallet that is another option which provides fairly secure storage without jamming up your entire computer. It does not clog up the entire storage space on your computer as it is a lightweight wallet. I would suggest Electrum for you. For Electrum:
  • Your private keys are encrypted and never leave your computer.
  • You can export your private keys and use them in other Bitcoin clients.
  • Keep your private keys offline, and go online with a watching-only wallet.
  • Your funds can be recovered from a secret phrase.
  • Electrum servers are decentralized and redundant. Your wallet is never down.
  • Electrum is fast, because it uses servers that index the Bitcoin blockchain.
  • Electrum Wallet verifies all the transactions in your history using SPV.

in case, my computer is infected with a virus or other malware, is that still safe?

It's good that you're questioning your very own PC because you never actually know. Even with a good antiVirus, we're still not sure if somewhere in your computer there's a malware. A good way to go is to move all your files to an external drive and then format your computer. After that, install an operating system. I know that you're probably going to go with Windows but Linux is a thousand times better when it comes to virus. You just can't infect Linux. Anyway, Windows will do. Don't connect your computer to the Internet yet. Create your wallet, then that's it. Remove the wallet file to your computer by putting it on a flash drive. You now have an offline wallet.

Any attacks from the Internet like clicking the a malicious link, you're wallet is safe from those.
legendary
Activity: 1862
Merit: 1004
June 28, 2017, 06:21:47 AM
#64
I only used coins.ph. as what i know its the only  trusted btc wallet  here in philippines.
I have seen many Philipino people using coins.ph I guess they are biased towards this wallet just because it has .ph in the address.
But I wouldn't go as far to say that this wallet is trusted, or better than any SPV software wallet you can use.
If you care about mobility then mobile version of Electrum should be good enough, I recommend this wallet instead of coins.ph.
legendary
Activity: 3234
Merit: 5637
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June 28, 2017, 06:19:16 AM
#63
I only used coins.ph. as what i know its the only  trusted btc wallet  here in philippines.


yes, same here, I'm only using coin.ph

What do you like so much about this purse? I use the simplest blockchain.info. It seems to me that this is also a reliable purse. I've never heard of the fact that coins can steal coins from this purse

Keeping your coins on any online wallet/exchange is not safe,you are not in possession of your private keys(which is most important thing)and online wallets are always at risk to be hacked.Most of users find this way of storing coins easiest,but in terms of security it is on last place.

I use MultiBit before,now I am on Electrum and it is very good desktop wallet,only thing you need to keep coins safe is your seed words.But even desktop wallet can be hacked if there is no some basic security on PC.

Regarding hacking coins from blockchain.info wallet you should read this topic,and if you use search option surely you will find more.

https://bitcointalksearch.org/topic/somebody-hacked-my-blockchain-wallet-1959417
full member
Activity: 378
Merit: 100
June 28, 2017, 06:06:15 AM
#62
I only used coins.ph. as what i know its the only  trusted btc wallet  here in philippines.


yes, same here, I'm only using coin.ph

What do you like so much about this purse? I use the simplest blockchain.info. It seems to me that this is also a reliable purse. I've never heard of the fact that coins can steal coins from this purse
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
June 28, 2017, 06:04:52 AM
#61
Nobody here use a machine only to store your wallet, or a virtual machine? Huh I think it's a safe requirement for those who install a wallet on their  machine. I thought it was a generalized practice as your computer can be less secure than an online wallet for exemple
newbie
Activity: 1
Merit: 0
June 28, 2017, 05:38:13 AM
#60
I only used coins.ph. as what i know its the only  trusted btc wallet  here in philippines.


yes, same here, I'm only using coin.ph
member
Activity: 76
Merit: 101
June 28, 2017, 05:32:42 AM
#59
My ether wallet isn't supposed to have a password? all it needs is the private key which is a funky row of numbers and letters.
sr. member
Activity: 644
Merit: 299
June 28, 2017, 05:29:40 AM
#58
Electrum is a lightweight wallet that is another option which provides fairly secure storage without jamming up your entire computer. It does not clog up the entire storage space on your computer as it is a lightweight wallet. I would suggest Electrum for you. For Electrum:
  • Your private keys are encrypted and never leave your computer.
  • You can export your private keys and use them in other Bitcoin clients.
  • Keep your private keys offline, and go online with a watching-only wallet.
  • Your funds can be recovered from a secret phrase.
  • Electrum servers are decentralized and redundant. Your wallet is never down.
  • Electrum is fast, because it uses servers that index the Bitcoin blockchain.
  • Electrum Wallet verifies all the transactions in your history using SPV.

in case, my computer is infected with a virus or other malware, is that still safe?

Word of Advice:
Sure! Desktop wallets are good and give you access to your private keys which helps you control your coins but desktop wallets are as safe as your PC. So you need to be extra careful the kind of links you click online or on your email, the sort of websites you visit as some website contains malwares and remember to backup your assets in case your system crashes. Get a very good antivirus and see your PC as your own bank which you need to keep as secured as possible. If you have much coins for yourself, I will advise you to get a hardware wallet being a cold storage. Cheers!
sr. member
Activity: 476
Merit: 250
June 28, 2017, 05:13:31 AM
#57
I use electrum as an desktop wallet, because it is lightweight and it is easy to use ! And also use blockchain.info as an online wallet for some transactions, as it is easy to use, UI friendly, and also it does not have banning issues like coinbase
sr. member
Activity: 434
Merit: 255
June 28, 2017, 04:59:06 AM
#56
I use XAPO wallet. I really like it. I used to use the Blockchain, but it is not very convenient to enter. Now there is no shortage of proposals. You can always choose a convenient wallet. The main thing is to have something to store in the wallet.
sr. member
Activity: 378
Merit: 250
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June 28, 2017, 04:58:58 AM
#55
Mostly i use exchanger wallet as bittrex for me it is easier to do all other  operations with altcoins. Or also fine to use electrum as a desktop wallet.
member
Activity: 107
Merit: 10
June 28, 2017, 04:57:55 AM
#54
Im on  multibit and electrum since I can't trust those other site interms of storing some huge balance. And I try Xapo and coinbase before but their service is totally suck and that totally annoyed me. So better you should stick on those wallet provider that can give you more effecient service since you will the one who will suffer if suddenly those scam minded will run off.

if cores will run? omg, than btc will be doomed anyway. At least you need to control your private keys. That's why I don't have any cryptos on exchanges or web wallets.
member
Activity: 76
Merit: 101
June 28, 2017, 04:57:13 AM
#53
Im newbie here, and i use mycelium wallet. My friend suggest that to me.

How is it? a friend suggested to me but I use blockchain info and my ether.
full member
Activity: 358
Merit: 100
June 28, 2017, 04:53:06 AM
#52
Im newbie here, and i use mycelium wallet. My friend suggest that to me.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
June 28, 2017, 04:51:20 AM
#51
What's the safest online wallet to use? I'd love to use cold storage but annoyingly temporarily don't have the facilities

what do you mean by "facilities" a cold storage doesn't really need anything special or weird! you just disconnect your internet and run a live linux to make a paper wallet for example.

but if you are looking for an "online" wallet then use a light (aka SPV) wallet such as electrum or multibit-HD on your desktop computer.
full member
Activity: 448
Merit: 110
June 28, 2017, 04:51:20 AM
#50
The bitcoin wallet i usually use is Coins.ph from philippines since im a filipino citizen. Coins.ph is very useful because it has a lot of variaties such as you can load your mobile phone using btc, you can even exchange btc to fiat money fast, you can also pay monthly bills including water and electricity bills. Coins.ph is so userfriendly thats why i use it as my wallet
member
Activity: 83
Merit: 10
June 28, 2017, 04:47:32 AM
#49
What's the safest online wallet to use? I'd love to use cold storage but annoyingly temporarily don't have the facilities
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