What's is the best bitcoin wallet for beginners?

Kprawn

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I cut my Bitcoin teeth on Blockchain.info and I have never lost any coins, using their wallet. It might not be the safest option,

but it is easy to use. You can also think about using a local exchange for small amounts, because it is easier to link to your

Bank account and to convert back and forth between fiat and bitcoins. The safest wallet is a paper wallet, but you have to

know what you are doing. Wink

jiniyaakter

newbie

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Quote from: MathGame on October 03, 2018, 03:04:51 PM

I just want to ask for the best bitcoin wallet for the beginners. I mean the bitcoin wallet that is user-friendly, easy to use and also very secure because I don't want to risk my coins just because of simplicity.

I think for beginner coinbase is good option keep your bitcoin. This web wallet is very easy to use and friendly. I am really like to use coinbase wallet. So I recommend you can use coinbase account

Ciscopro2000

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I use Coinbase for my online wallet and Electrum as my desktop wallet. They work pretty good for me so far.

cybersofts

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Quote from: MathGame on October 03, 2018, 03:04:51 PM

I just want to ask for the best bitcoin wallet for the beginners. I mean the bitcoin wallet that is user-friendly, easy to use and also very secure because I don't want to risk my coins just because of simplicity.

Well, there are so many types of bitcoin wallet. it may depend on which one you need.

Online Bitcoin Wallets
Xapo.com
Blockchain.com

Desktop Bitcoin Wallets
Exodus wallet
Electrum wallet

Android Bitcoin Wallets
Coinomi
Jaxx

Hardware Bitcoin Wallets
Ledger wallet
Trezor wallet

For all these bitcoin wallets I prefer the "hardware wallet" because it is the most secure wallet out there. it's completely off-the-grid no one can access it but you.

mweezy

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Quote from: MathGame on October 03, 2018, 03:04:51 PM

I just want to ask for the best bitcoin wallet for the beginners. I mean the bitcoin wallet that is user-friendly, easy to use and also very secure because I don't want to risk my coins just because of simplicity.

From what I have learnt I think the best way to secure bitcoin is by saving your bitcoin off which will make it to be far from online hacker and the best off line device is ledger nano which can generate many wallet for you.

Davil

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Quote from: LeGaulois on October 03, 2018, 03:43:24 PM

Some will tell you the best wallet is Coinbase, some will say it's Electrum and some will say it's Trezor. As we all have different needs it's all about what do you really needs. There are different types of wallets

- Web based wallet : Coinbase,com, Bloakchain.com etc
- Software wallet: Electrum, Armory,...
- Hardware wallet, Trezor, Ledger,...

Most of the time beginners start with a web wallet, but if you want to be a real Bitcoiner you need to use a software and if you want to be a hardcore Bitcoiner you need to use a hardware wallet

That's it, it depends what kind of wallet you're looking for.

If you're a total beginner, then I recommend you to install Electrum on your desktop in order to start moving your satoshis. When you have a considerable investment, if ever, then it may be a good idea for you to purchase a hardware wallet (I recommend Ledger) to avoid further problems of virus, broken pc etc.

jossiel

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Quote from: Graham6846 on October 04, 2018, 10:55:14 AM

I tried JAXX and my litecoin simply disappeared, JAXX help line were totally UN-Helpful

Would you care to explain more about the incident? Jaxx has been suggested most when someone is looking for multicurrency wallet. Are you sure that you didn't do something wrong while keeping your back up phrase?

Theb

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If you won't be holding a considerable amount of BTC (based on your preference) and you will use it to send and receive payment then I think the most convenient and user-friendly wallets out there are 3rd party wallets (Coinbase) with apps for their mobile versions of the wallet. The security is not flawed by no means even though your BTC is also online in the app it is still protected by your passwords, 2fas, and even some have Fingerprint security access in their apps. Wallet apps also uses your phone's camera which is helpful if you are scanning a QR code in order to obtain their wallet addresses.

mk4

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Quote from: Graham6846 on October 04, 2018, 10:55:14 AM

I tried JAXX and my litecoin simply disappeared, JAXX help line were totally UN-Helpful

Not 100% sure, but this is most likely on your side. Did you do something really bad like saving your mnemonic phrases on a .txt/word file on your computer?

If I remember correctly Jaxx's app has bad security in the first place. This was more than a year ago though.

Graham6846

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I tried JAXX and my litecoin simply disappeared, JAXX help line were totally UN-Helpful

HeRetiK

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Quote from: cyrax00777 on October 04, 2018, 07:40:03 AM

The best BTC wallet is the cold wallet. Keep your currency out of the web. This is the best solution. But, If you want to keep them, online, feeling safe, just use cryptocoin pro platform. It is also a good exchange, that guarantees 100% security for your BTC and ETH wallets.

It's called cold storage and there's no such thing as "the cold wallet".

Electrum already has been mentioned a couple of times, and it also offers a cold storage solution:
http://docs.electrum.org/en/latest/coldstorage.html

So if you want a safe solution, but don't want to spend any money on a hardware wallet, this is the way to go.

Don't use exchanges as wallets. Exchanges get hacked, get busted, run away... many ways to lose your money while storing it on an exchange. Especially avoid exchanges with no track record such as the one mentioned above.

Quote from: fourpiece on October 04, 2018, 09:16:13 AM

For ethereum and erc 20 tokens ,myetherwallet is a good option. For bitcoin you can use ,electrum, coinbase, blockchain.

Quote from: cjie on October 04, 2018, 02:49:38 AM

From my experience, the best bitcoin wallet is the local bitcoin wallet(https://localbitcoins.com/) because it has a lot of functions than the bitcoin blockchain wallet. [...]

Do not use coinbase, localbitcoins or any other exchange platform as wallet. If they go bust, you lose your coins. If a hard fork occurs, you are at their mercy whether you see any of the hardforked coins. Use blockchain.com if you absolutely persist on the comfort of a web wallet. But do not mistake an exchange for a wallet.

AdolfinWolf

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Quote from: cjie on October 04, 2018, 02:49:38 AM

Quote from: MathGame on October 03, 2018, 03:04:51 PM

I just want to ask for the best bitcoin wallet for the beginners. I mean the bitcoin wallet that is user-friendly, easy to use and also very secure because I don't want to risk my coins just because of simplicity.

From my experience, the best bitcoin wallet is the local bitcoin wallet(https://localbitcoins.com/) because it has a lot of functions than the bitcoin blockchain wallet. With local bitcoin, you can buy and sell bitcoin with your local money or fiat currency. I started with the bitcoin blockchain wallet, I later abandon it for the local bitcoin because of functionality.
It is very secure and very easy to use.

That's an exchange. Not a wallet, and if you're using it as such, don't. No control over your private keys / no control over your bitcoins.

I wonder why no one has mentioned Bitcoin Core yet? Is it because you need to sync up 140gb of data, which makes it a bit user-unfriendly compared to Electrum?

Anyway, you could use that aswell. It is a much better option than the LBC "Wallet". https://bitcoin.org/en/download

fourpiece

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For ethereum and erc 20 tokens ,myetherwallet is a good option. For bitcoin you can use ,electrum, coinbase, blockchain.

cyrax00777

newbie

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The best BTC wallet is the cold wallet. Keep your currency out of the web. This is the best solution. But, If you want to keep them, online, feeling safe, just use cryptocoin pro platform. It is also a good exchange, that guarantees 100% security for your BTC and ETH wallets.

Juggy777

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Quote from: MathGame on October 03, 2018, 03:04:51 PM

I just want to ask for the best bitcoin wallet for the beginners. I mean the bitcoin wallet that is user-friendly, easy to use and also very secure because I don't want to risk my coins just because of simplicity.

Hey I would suggest electrum wallet it's one of the best bitcoins wallet according to me, you can either install it on your computer, or use it's application on your phone. Then there is paper wallet if you intend to just buy your coins and not trade them. Lastly there is Trezor wallet it's a paid wallet only consider this if you have a very big amount of bitcoins.

Some common mistakes to avoid:1) clean your pc or phone of virus 2) do not access your wallet on public wifi or unsecured connections 3) do not share your seed, pin and keys with anyone. 4) if someone asks you to deposit some satoshis for bitcoins remember it's fake.

Alluro

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If you are a beginner or pro doesn't matter. The best wallets are hardware wallets. Then you can buy a hardware wallet like Ledger Nano S or Trezor because you have to keep safe your funds. If you can't buy a hardware wallet right now, you can go with a desktop wallet like Electrum. It has good security and easy to use.

cjie

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Quote from: MathGame on October 03, 2018, 03:04:51 PM

I just want to ask for the best bitcoin wallet for the beginners. I mean the bitcoin wallet that is user-friendly, easy to use and also very secure because I don't want to risk my coins just because of simplicity.

From my experience, the best bitcoin wallet is the local bitcoin wallet(https://localbitcoins.com/) because it has a lot of functions than the bitcoin blockchain wallet. With local bitcoin, you can buy and sell bitcoin with your local money or fiat currency. I started with the bitcoin blockchain wallet, I later abandon it for the local bitcoin because of functionality.
It is very secure and very easy to use.

Olayinka225

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I think the best bitcoin wallet for beginners is the bitcoin blockchain wallet, it's best and most user friendly and most importantly it is now supporting and can accept ethereum. Secondly, the other wallet I would recommend is the paxful wallet, this wallet has been so so much useful for me. You can even send out all your bitcoin out ar once on credit without paying for the transaction fee as at that time but will be deducted afterwards when you have another bitcoin in the wallet wonderful!!! indeed.

1Crypto_Mike1

newbie

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If security is your top priority, then I would go with a hardware wallet.

My personal favorite is the Ledger Nano S but Trezor is a great option as well. I've used both.

If you're going to buy a hardware wallet, just make sure to buy it directly from the manufacturer.

There's more of a learning curve when it comes to setting up a hardware wallet, but if you can follow simple instructions, it's a breeze!

pooya87

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Quote from: LeGaulois on October 03, 2018, 03:43:24 PM

- Web based wallet : Coinbase,com, Bloakchain.com etc

these two are NOT the same category, just because they are a website.
they choose a completely different approach to creating a wallet. Coinbase and the likes of it create an "account" for you which they control your funds like a bank and you have zero control over anything. you just have a log in and password which allows you to enter their database!
blockchain.com and the likes of it are giving you more control. everything happens inside your browser. you create the keys, encrypt/decrypt them and only store the encrypted wallet on their servers which they don't have any access to the password you used to encrypt so they can not control anything.

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