What's is the best bitcoin wallet for beginners?

Kprawn

legendary

Activity: 1904

Merit: 1074

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

Activity: 175

Merit: 0

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

member

Activity: 494

Merit: 10

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

cybersofts

copper member

Activity: 658

Merit: 284

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

jr. member

Activity: 57

Merit: 1

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

member

Activity: 238

Merit: 14

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

hero member

Activity: 3150

Merit: 636

DGbet.fun - Crypto Sportsbook

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

hero member

Activity: 1680

Merit: 655

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

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

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

newbie

Activity: 1

Merit: 0

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

HeRetiK

legendary

Activity: 3122

Merit: 2178

Playgram - The Telegram Casino

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

legendary

Activity: 1946

Merit: 1427

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

full member

Activity: 821

Merit: 101

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

cyrax00777

newbie

Activity: 87

Merit: 0

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

hero member

Activity: 2646

Merit: 686

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

member

Activity: 742

Merit: 19

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

jr. member

Activity: 252

Merit: 1

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

jr. member

Activity: 322

Merit: 1

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

Activity: 16

Merit: 0

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

legendary

Activity: 3472

Merit: 10611

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.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

What device do you prefer using though? It would help stating what device and what operating system you're using.

Anyway, here's my personal picks:

Windows and OSX: Electrum[1]
Android: Copay[2]
iOS: BRD(Bread Wallet)[3]

[1] https://electrum.org/#download
[2] https://play.google.com/store/apps/details?id=com.bitpay.copay&hl=en
[3] https://itunes.apple.com/app/breadwallet/id885251393

LeGaulois

copper member

Activity: 2940

Merit: 4101

Top Crypto Casino

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

Rath_

legendary

Activity: 1876

Merit: 3132

Quote from: OmegaStarScream on October 03, 2018, 03:12:14 PM

If you are looking for the best security, I suggest investing in a Trezor/Ledger nano S, you'll sleep much better knowing that your funds are safe. (Usability is not compromised, they are very easy to use)

I would recommend him TREZOR since its developers are doing a great job. It doesn't support as many altcoins as Ledger but at least it provides easy to use and always working wallet interface. A few weeks ago, I wrote a list of hardware wallets which you might find useful. I would not recommend buying a hardware wallet if the investment is lower than a value of such wallet. As Omega wrote, Electrum is a good choice for beginners, especially because user doesn't even have to download any additional data. @MathGame you should check out my Electrum tutorial for beginners.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Electrum is what you're looking for. It's only secure/safe as long as your computer is not infected.

If you are looking for the best security, I suggest investing in a Trezor/Ledger nano S, you'll sleep much better knowing that your funds are safe. (Usability is not compromised, they are very easy to use)

MathGame

member

Activity: 168

Merit: 10

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.

Topic: What's is the best bitcoin wallet for beginners? (Read 404 times)