What's the best cryptocurrency wallet that you can trust?

CodyAlfaridzi

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Quote from: felicita on September 14, 2018, 04:07:39 PM

What's the best cryptocurrency wallet that you can trust?
In my opinion it is to print out a paper wallet and store it at home and offline Wink

Paper wallet is not suitable for a daily wallet as it isn't optimal for regular spending and accepting. Paper wallet is not that safe either, compared to digital hardware wallet like Ledger or Trezor. There are so many way a paper wallet could get compromised. A piece of paper degrade over time. Paper isn't resistant to water and fire, it could get damaged so easily. Also keep in mind that there's no means of security at all in a paper wallet. If someone somehow got their hand to that wallet, all your balance will be lost.

So my recommendation is to use hardware wallet like Trezor and Ledger. It has a safety mechanism built in to the machine. The software itself will verify whether the hardware system is secure every time you use it. Even if you lost or someone took your hardware wallet, they'll have to guess your PIN before they able to access your wallet. In the meantime, you can access your fund through the backup seed and send your fund to other safe wallet.

felicita

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What's the best cryptocurrency wallet that you can trust?
In my opinion it is to print out a paper wallet and store it at home and offline Wink

kind regards

jakezyrus

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Quote from: onrise on September 05, 2018, 01:15:08 PM

Quote from: chuyengia2244 on August 30, 2018, 01:30:57 PM

I have no problem with blockchain and coinbase, I have used them since I knew about bitcoin. I know nothing is absolutely safe but the amount of bitcoin I have is not enough to evoke greed.

Security wise blockchain is said to be best as also now you have eth and btc to trade as well in case you want to buy/sell or convert it. Also if you are a long term investor then try to save it offline and not online in any of the webwallets.

blockchain is not so safe in my own opinion because blockchain does not require any i.d or phone number for verification not unlike to coinbase and other online wallets that is pretty strict when it comes to security measures .

im not saying blockchain is bad , infact i do also used blockchain aside from my other wallets . i suggest to all is trust only the wallet that is popular like the ones that is mentioned above or the ones that mostly been mentioned on this forum because those wallets are more safe and trusted when compared to unpopular or new ones .

onrise

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Quote from: chuyengia2244 on August 30, 2018, 01:30:57 PM

I have no problem with blockchain and coinbase, I have used them since I knew about bitcoin. I know nothing is absolutely safe but the amount of bitcoin I have is not enough to evoke greed.

Security wise blockchain is said to be best as also now you have eth and btc to trade as well in case you want to buy/sell or convert it. Also if you are a long term investor then try to save it offline and not online in any of the webwallets.

sheenshane

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Quote from: bL4nkcode on August 28, 2018, 02:07:40 PM

Quote from: sheenshane on August 28, 2018, 01:38:06 PM

I never heard issues on this wallet before that's the reason I keep trusting into their service.

If you never heard or saw any issues posted related blockchain.com(.info) I wonder if you take your 5-10 seconds of ctrl-F on this section (web wallet) with the keyword of "blockchain", I assure you that most of the complains are from the blockhain.com(.info) wallets.

Sorry mate it's my bad now I've sawed many issues recently about the transactions of web wallet blockchain.com(.info) but it looks like all are resolved problems, so therefore they have a very fast support team to respond in every problem so no need to worries.
Actually, I didn't hold for long-term my bitcoin on that web wallet that is only intended for receiving only, I have my own Ledger wallet that is for long-term purposes in holding my bitcoin and investment as well.

BTCedgar

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There are some good alternatives, for example, the cold wallets (offline wallets), paper wallets are a good way to stay secured from the internet, but my favorite is to use hardware wallets which are more portable and we can use it for both hot and cold wallet depending on the situations and our needs. There are many different kinds of hardware wallets where some offer some additional features like physical keys to the hardware wallets to manipulate with the device.

Sylon New Account

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Jaxx is a multiplatform multicurrency wallet. The private keys are stored on your device. It has a beautiful UI, is really sleek and easy to use, and has shapeshift built in. What's great about Jaxx is that it supports every major platform. Desktop clients available for Mac, Windows and Linux. Mobile clients available for iOS and android, and hardware wallet support coming soon. Jaxx is completely open source, so you can check exactly what the application is doing. The jaxx team also is actively adding new coins and one of their missions is to "unite" cryptocurrency and offer a platform that is safe, easy to use and has wide support.

felicita

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Yes as many sad blockchain walled is long time in business and i also trust them , they know what they are doing !
But if you wanna store more alt coins Exodus is a great choice in my opinion !

kind regards

chuyengia2244

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I have no problem with blockchain and coinbase, I have used them since I knew about bitcoin. I know nothing is absolutely safe but the amount of bitcoin I have is not enough to evoke greed.

hahay

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For bitcoin wallets I don't have or use many available wallets, for the web I only use blockchain.com and for desktop wallets I only use electrum.
I don't use hardware about this, even though hardware is highly recommended and it will be safer.

bL4nkcode

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Quote from: sunsilk on August 29, 2018, 06:38:22 PM

There are desktop wallets too if they can't avail to have their own hardware wallet, there's also a good hardware wallet that I'm hearing out and that is KeepKey. Base on those reviews and comments that I've been reading, it's also a good HW choice.

Yes, actually trezor, ledger nano, and keepkey are the big 3 hardware wallets for now, and most of them can be fully trusted only thing is, most users have ledger since its much cheaper than these existing hardware wallets tho I don't know if how much is the ledger now, but on the time I bought it was still 75 Euro. So I'm still in favor of ledger.

sunsilk

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Quote from: sheenshane on August 28, 2018, 01:38:06 PM

Quote from: sunsilk on August 28, 2018, 06:29:37 AM

I'll go also with hardware wallets. I don't have anything to say and complaints with it but if there are users there that can't avail and has hesitations of purchasing online, you can download electrum.

With online wallet, blockchain.com wallet is also a good one.

And for mobile wallet, I have used coinomi and never had issues with it as well. When I'm trying to reach out the support through their telegram, they responded accordingly.

I agreed on that line I bolded above, I only trust on this site and this is what I am using now in storing in my Bitcoin and Ethereum, so far I trust this online wallet they are good to store. I never heard issues on this wallet before that's the reason I keep trusting into their service.
But, if you can afford to buy hardware wallet why not, that is a very safe wallet in storing all crypto coins you had. Then, if you have a huge amount of Bitcoin may I suggest to buy and hardware wallet just like Ledger Nano and Trezor.

I have few issues with them before and that tested my trust to them on how they are reliable and responsive to the tickets of their users. And so far, they are so good and replies though its not an instant but they are replying not longer for hours.

There are desktop wallets too if they can't avail to have their own hardware wallet, there's also a good hardware wallet that I'm hearing out and that is KeepKey. Base on those reviews and comments that I've been reading, it's also a good HW choice.

bL4nkcode

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Quote from: sheenshane on August 28, 2018, 01:38:06 PM

I never heard issues on this wallet before that's the reason I keep trusting into their service.

If you never heard or saw any issues posted related blockchain.com(.info) I wonder if you take your 5-10 seconds of ctrl-F on this section (web wallet) with the keyword of "blockchain", I assure you that most of the complains are from the blockhain.com(.info) wallets.

Quote from: LeGaulois on August 19, 2018, 11:01:17 PM

Mycelium stopped the project long ago now.

Mycelium did have an update this recent days or week I guess about their wallet, and still, segwit is not implemented yet.

[Edit] They currently working on segwit right now I guess https://www.reddit.com/r/Bitcoin/comments/920xhe/segwit_support_coming_to_mycellium_android_wallet/

sheenshane

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Quote from: sunsilk on August 28, 2018, 06:29:37 AM

I'll go also with hardware wallets. I don't have anything to say and complaints with it but if there are users there that can't avail and has hesitations of purchasing online, you can download electrum.

With online wallet, blockchain.com wallet is also a good one.

And for mobile wallet, I have used coinomi and never had issues with it as well. When I'm trying to reach out the support through their telegram, they responded accordingly.

I agreed on that line I bolded above, I only trust on this site and this is what I am using now in storing in my Bitcoin and Ethereum, so far I trust this online wallet they are good to store. I never heard issues on this wallet before that's the reason I keep trusting into their service.
But, if you can afford to buy hardware wallet why not, that is a very safe wallet in storing all crypto coins you had. Then, if you have a huge amount of Bitcoin may I suggest to buy and hardware wallet just like Ledger Nano and Trezor.

sunsilk

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I'll go also with hardware wallets. I don't have anything to say and complaints with it but if there are users there that can't avail and has hesitations of purchasing online, you can download electrum.

With online wallet, blockchain.com wallet is also a good one.

And for mobile wallet, I have used coinomi and never had issues with it as well. When I'm trying to reach out the support through their telegram, they responded accordingly.

reflector

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Quote from: btsjimin on August 27, 2018, 10:16:38 AM

In general, if you really want to have a secure wallet use a wallet where you have the full control of your private key. Some examples of such wallets are hardware wallets like Ledger, KeepKey, and Trezor, and also desktop/modified wallets like Bitcoin Core, Electrum, Armory, MultiBit, Exodus, Copay, and Green Address.

These wallets are so far really no scam or anything with the people whoever save the fund dude.
Then looking around the good coin and it will be fit to the private key secured wallet it will be work fine to keep your fund safe.
I do have the funds on the electrum and coinbase wallets it will be good so far even it is having the hacking possiblities.

btsjimin

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In general, if you really want to have a secure wallet use a wallet where you have the full control of your private key. Some examples of such wallets are hardware wallets like Ledger, KeepKey, and Trezor, and also desktop/modified wallets like Bitcoin Core, Electrum, Armory, MultiBit, Exodus, Copay, and Green Address.

LeGaulois

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Quote from: solarion on July 24, 2018, 09:04:44 AM

I believe electrum, Coinomi bitcoincore and mycelium are the wallet much safer to have your funds.

In this list some of the wallets about find in android and in appstore too. Take the choice upon your convenient but mostly you can see the wallet on Windows version normally. Please check the good one and have the funds at there.

Mycelium stopped the project long ago now. It means you won't have any update, the wallet is obsolete and as for security, it shouldn't be used anymore. It's like using your antivirus with an update old from 2010. It's not a wallet to recommend but rather to avoid.
Having a hardware wallet is by far much safer than all the options you mentioned here

xIIImaL

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For most trusted definitely you can find the hardware wallets such as ledger nano or trezor wallets mate.

I have bitcoincore and electrum in my desktop to store the project funds but my personal funds are in blockchain wallet in my mobile as a android app. I don't get any issue from the web wallet also so far.
Only thing you need to care with the private key then all will be safe.

LTU_btc

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Ledger Nano S is my first choice. For me it's best and safest wallet. It's perfect choice for long term storage, but it's also good for daily use.
On mobile I use Coinomi. It's probably best wallet for smartphones. And I love this wallet because they support huge number of currencies. Best thing that soon their will launch their app for PC's.
I also use Blockchain.com online wallet. It's not my first choice and I don't keep big amounts of BTC there. I keep some BTC only for my daily needs when I need to access my funds fast and easy. As users above said, it's not goid idea to use web wallet as main storage of funds.
And I use Coinbase, lol. Yeah, I know that they aren't Bitcoin wallet at all. But maybe I just feel some sentiments to Coinbase, because it was my first Bitcoin "wallet" Cheesy

. But, guys, don't use Coinbase as wallet. It's just an exchange or so called Bitcoin bank.

reflector

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Quote from: TooDumbForBitcoin on August 16, 2018, 04:51:49 AM

Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

For me, most trusted is
1. coinbase.
2. localbitcoins ( well lately not keep here )

You must learn about a hardware and software wallets if don't know about them till this moment. Trust me

You have answered indirectly with your post here bud but this need to be explain him more perfect since he is using the unsafe wallets in the market. I have used the wallet from the past 2 years these wallets got hacked many times but people whoever using it securely will not get any problems.

Suggested wallets.
Ledger Nano s
Trezor

Electrum
Multibit
Bitcoin core
These are really happy to have the funds mate without problem.

TooDumbForBitcoin

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Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

For me, most trusted is
1. coinbase.
2. localbitcoins ( well lately not keep here )

You must learn about a hardware and software wallets if don't know about them till this moment. Trust me

cissrawk

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Quote from: Ridwan Fauzi on August 16, 2018, 04:27:43 AM

But for those who want to use bitcoin as a place to get a profit

Idk what did you mean by profit, online wallet usually used just for storing coin for short time and then they will send again to another wallet.

Quote from: Ridwan Fauzi on August 16, 2018, 04:27:43 AM

online wallet like coinbase, localbitcoin or another exchange.

Site that you mentioned are better called "Exchange" instead of online wallet, read Coinbase is not a wallet.

Ridwan Fauzi

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Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

For me, most trusted is
1. coinbase.
2. localbitcoins ( well lately not keep here )

A wallet depends on someone who chooses it. For those who have a high level of risk and secure all of their assets from theft, then they will store them in their own place, such as the third desktop wallet, hardware wallet or paper wallet. These methods are indeed effective for safeguarding bitcoin. But for those who want to use bitcoin as a place to get a profit they will choose an online wallet like coinbase, localbitcoin or another exchange. Both functions of a wallet depend on the user's needs.

jrrsparkles

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Quote from: Taki on August 12, 2018, 06:50:19 AM

I count Blockchain.info pretty trustworthy wallet, I satisfied with its work for about 2,5 years already, since I joined crypto currencies. I never had any problem with that, so I can say I'm satisfied with it totally.

Actually bolckchain.info wallet have lot of minor bugs in their app because many time I can't see an upcoming transaction and bitcoins after received,it will show only later this kind of property can take this away from best wallet but it is one of the trusted wallet when we compare to the other online wallets because they are giving private keys as well,but I suggest you to never store more than one bitcoins on any online wallet.

Taki

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I count Blockchain.info pretty trustworthy wallet, I satisfied with its work for about 2,5 years already, since I joined crypto currencies. I never had any problem with that, so I can say I'm satisfied with it totally.

sheenshane

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Quote from: jrrsparkles on August 11, 2018, 03:32:15 AM

Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

For me, most trusted is
1. coinbase.
2. localbitcoins ( well lately not keep here )

Literally those you said were not wallets,they were online wallet so which is not much trustable because we don't control the private keys.So the hardware wallets are considered as most trusted when compared to other kind of wallets but it will cost a little bit or electrum maybe trusted enough when we compare coinbase.

Agreed on this, definitely yes online wallet is not a wallet I used these wallets if I'm going to convert my bitcoin into cash but it is not intended for storing for in a long-term for your bitcoin. I have trezor a hardware wallet much safer than these online web wallets. Here in our country, there is a wallet that is very convenient to use and easy to convert a cash you can also easily trade your coins into selected coins like ETH and BCH. But I never hold my bitcoin into this wallet because they are the one who held my private key.

jrrsparkles

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Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

For me, most trusted is
1. coinbase.
2. localbitcoins ( well lately not keep here )

Literally those you said were not wallets,they were online wallet so which is not much trustable because we don't control the private keys.So the hardware wallets are considered as most trusted when compared to other kind of wallets but it will cost a little bit or electrum maybe trusted enough when we compare coinbase.

tabas

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Quote from: ?? on ??

Without private key how Coinbase can become a trusted wallet near to you?

You can access coinbase everywhere as long as you have internet connection. But with this word, this contradicts your whole statement for saying that coinbase is a safe wallet. You can say that it is safe because it's a legit company.

Patatas

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Quote from: ?? on ??

Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

For me, most trusted is
1. coinbase.
2. localbitcoins ( well lately not keep here )

I know coinbase is a trusted exchange site but as a wallet it is safe!! I believe that as a wallet, coinbase is not good at all. Without private key how Coinbase can become a trusted wallet near to you?
Localbitcoin is also a popular site for P2P exchange but as a wallet, I would never suggest you use this site. Use a wallet that provides you with a private key for your wallet.

I bet you that dude doesn't have a clue what a private key is. This is the case with everybody who got into bitcoin because they thought there's a new clown in the town who doubles your money over-night. There are also the people who suffer the most when an exchange is hacked. Notice how only wallets he is aware of are exchanges.

For everybody else, don't be the OP, use wallets that gave you access to your private keys.

Soots

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Quote from: solarion on July 24, 2018, 09:04:44 AM

I believe electrum, Coinomi bitcoincore and mycelium are the wallet much safer to have your funds.

In this list some of the wallets about find in android and in appstore too. Take the choice upon your convenient but mostly you can see the wallet on Windows version normally. Please check the good one and have the funds at there.

The most common wallet that I could trust previously was myetherwallet and you only need to keep the private keys at safer storage. Don't get it exposed online, because it may spread and the possibility of being hack is always there. I haven't yet tried using windows wallet, maybe I could use that someday for trials in order to test its capabilities. Am afraid that one day my pc crash, and I wouldn't be able to recover the funds that I had. You're right there's an app wallet that's also legit, just like eido wallet which I personally used 6 months ago until now. It's been securely having seed access keys prior logging in to the funds that you have, so it's a perfect wallet app for me to use.

milewilda

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Quote from: BitHodler on July 23, 2018, 08:52:56 PM

Quote from: milewilda on July 23, 2018, 03:49:27 PM

Same question on my mind too on how a certain Sr. Member of this forum didnt even know about Coinbase and Localbitcoins. Seriously? which this isnt even a wallet.
Just basing on the age of the account we can really say that he do have the right or sufficient knowledge even just talking about wallets unless if this isnt his own account. Cheesy

Account age and rank doesn't say anything in times where account sales (not saying OPs account is bought) are as normal as people farting in public. It's frowned upon by most people, but it happens silently.

Quote from: milewilda on July 23, 2018, 03:49:27 PM

Among the choices i cant consider coinbase as a safe wallet yet this is an exchange wallet after all which is totally different from electrum or any web-based wallets which you can possess the private keys.

Most noobs always prefer convenience over security. Binance is the perfect example of how it stimulates people to not withdraw anything because of all the free coin rain it allows them to obtain effortlessly.

This whole industry mainly consists of messed up people only valuing their profits, where they totally discard any form of security or decentralization. Let them do whatever they want. It's their money they are risking, not ours.

Completely agree on the things you do said. Its not really our money but it do really suck to look up some people doesnt really care at all about security which it pisses me off when they do cry when they do lose up money and realizing that its too late already. It had been said for a how many times or thousands already about wallet security and differences between those wallets but most of them do neglect it.
We cant really avoid to engage ourselves into things where we do feel comfortable and less hassle but we should always look up on how to secure ourselves anytime.

solarion

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I believe electrum, Coinomi bitcoincore and mycelium are the wallet much safer to have your funds.

In this list some of the wallets about find in android and in appstore too. Take the choice upon your convenient but mostly you can see the wallet on Windows version normally. Please check the good one and have the funds at there.

BitHodler

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Quote from: milewilda on July 23, 2018, 03:49:27 PM

Same question on my mind too on how a certain Sr. Member of this forum didnt even know about Coinbase and Localbitcoins. Seriously? which this isnt even a wallet.
Just basing on the age of the account we can really say that he do have the right or sufficient knowledge even just talking about wallets unless if this isnt his own account. Cheesy

Account age and rank doesn't say anything in times where account sales (not saying OPs account is bought) are as normal as people farting in public. It's frowned upon by most people, but it happens silently.

Quote from: milewilda on July 23, 2018, 03:49:27 PM

Among the choices i cant consider coinbase as a safe wallet yet this is an exchange wallet after all which is totally different from electrum or any web-based wallets which you can possess the private keys.

Most noobs always prefer convenience over security. Binance is the perfect example of how it stimulates people to not withdraw anything because of all the free coin rain it allows them to obtain effortlessly.

This whole industry mainly consists of messed up people only valuing their profits, where they totally discard any form of security or decentralization. Let them do whatever they want. It's their money they are risking, not ours.

milewilda

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Quote from: gentlemand on July 21, 2018, 04:48:00 PM

Quote from: designbuyers on July 19, 2018, 07:27:53 PM

Never tried hardware wallet, is it linked to a website I do not know how even that works ... same like paper wallets ?

I saw they sell online PVC wallets ... yeah it's like credit card. but not sure as someone else might have a copy of it, do not you think?

For someone who has an account as old as yours, where have you been? Held hostage in Beirut?

Coinbase controls your keys. Localbitcoins controls your keys and is not a wallet. Almost anywhere else is better than those two.

Buying a pre made paper wallet is pure suicide. Making your own is free and can be ultra secure if done right.

Hardware wallets keep your private keys isolated from the internet. Their online interfaces allow you to sign with the keys without exposing them.

Same question on my mind too on how a certain Sr. Member of this forum didnt even know about Coinbase and Localbitcoins. Seriously? which this isnt even a wallet.
Just basing on the age of the account we can really say that he do have the right or sufficient knowledge even just talking about wallets unless if this isnt his own account. Cheesy

Among the choices i cant consider coinbase as a safe wallet yet this is an exchange wallet after all which is totally different from electrum or any web-based wallets which you can possess the private keys.

St4yInTh3D4rk

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Quote from: designbuyers on July 19, 2018, 06:57:33 PM

Quote from: Findingnemo on July 18, 2018, 02:20:14 PM

Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

Most trustable crypto currency wallets are their official wallets of each coins all other wallets were less trustable than their official wallet.Now most people preferring hardware wallets because we can store multiple currencies with much safer for long time.

True .. I know but the thing is we can't all download all the client for example bitcoin or litecoin, too much data and need hard drive sizes are bandwidth is much time, do not you agree?

Yes downloading the core wallet needs high spec system so it is not suitable for everyone and it will disturb the basic quality of cryto currencies that we can send and receive it from anywhere.For now I am using electrum but it is not 100% secured nor any,I never faced any problems yet.But if you are looking for multi coin wallet the hardware wallets are the best option for you.

gentlemand

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Quote from: designbuyers on July 19, 2018, 07:27:53 PM

Never tried hardware wallet, is it linked to a website I do not know how even that works ... same like paper wallets ?

I saw they sell online PVC wallets ... yeah it's like credit card. but not sure as someone else might have a copy of it, do not you think?

For someone who has an account as old as yours, where have you been? Held hostage in Beirut?

Coinbase controls your keys. Localbitcoins controls your keys and is not a wallet. Almost anywhere else is better than those two.

Buying a pre made paper wallet is pure suicide. Making your own is free and can be ultra secure if done right.

Hardware wallets keep your private keys isolated from the internet. Their online interfaces allow you to sign with the keys without exposing them.

hunterXride

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I made a wallet in myetherwallet. until now I like and believe it

aoluain

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I am using multiple wallets, electrum, coinomi and exodus but I think the safest
And trustworthy of all is the paper wallet.

Like everything security is key and there are many things to consider even for
paper wallets, like storage and renembering passwords and these all play a
part is contributing to the safety of any wallet.

cissrawk

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I currently using electrum and i trust it, since i don't have problem with electrum. I use exodus too for storing some altcoin.
For mobile, i use mycelium and coinomi for altcoin and i really trust them. However, i want to move to hardware wallet for better security, if i can.

leowonderful

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Quote from: designbuyers on July 19, 2018, 07:27:53 PM

Quote from: BitMaxz on July 18, 2018, 04:04:55 PM

For me, I think only hardware wallet is the best and trusted wallet nowadays but based on my own experienced I'm using coinomi wallet never had any issue using this wallet and I use this wallet for receiving mined coins and save it for many months before I send it to exchanges to sell my coins and I think this is good only as alternative wallet just don't put all your cryptocurrency in one basket and if you holding a large amount of coins better to use a hardware wallet like ledger nano s for your coins safety. But so far I trust coinomi wallet.

Never tried hardware wallet, is it linked to a website I do not know how even that works ... same like paper wallets ?

In the case of Ledger, you conduct payment using an app that Ledger has created, and in the event that Ledger somehow goes out of business, you can simply take the seed that you're supposed to write down and convert the BIP39/44 seed to a privkey and import the privkey- you then have a normal wallet. Some wallets also directly support the ledger wallet, so you don't even need to download any special Ledger software to use the wallet. The same applies for Trezor.

I personally keep two multiple Ledger Nanos and multisig paper wallets for best security, and I have also left instructions to access my BTC and alts in case I suddenly die; I feel leaving instructions to access BTC after you're dead is extremely important, as it is possible your BTC can just be lost forever after you die if you don't.

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Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

Any wallet that lets you hold your privkeys, and has a decent history. It could be a hardware wallet like Ledger, or it could be a paper wallet that contains an encrypted private key of yours that you throw in a safe somewhere.

It could even be a open soucre desktop wallet client like bitcoin core or electrum, they are all pretty safe. They're not perfectly trust-less as people have said, but they are definitely way better than centralised providers.

The thing is that the chances of you getting hacked through one of these wallets is much lower than the chance of a centralised wallet service suspending your account or facing regulatory pressure to freeze your account balance, or simply going insolvent. Bitcoin's primary selling point is decentralisation and trustlessness. Use this to your advantage, and use wallets with which you hold your own funds with instead of having to trust a third party.

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Quote from: BitMaxz on July 18, 2018, 04:04:55 PM

For me, I think only hardware wallet is the best and trusted wallet nowadays but based on my own experienced I'm using coinomi wallet never had any issue using this wallet and I use this wallet for receiving mined coins and save it for many months before I send it to exchanges to sell my coins and I think this is good only as alternative wallet just don't put all your cryptocurrency in one basket and if you holding a large amount of coins better to use a hardware wallet like ledger nano s for your coins safety. But so far I trust coinomi wallet.

Never tried hardware wallet, is it linked to a website I do not know how even that works ... same like paper wallets ?

Quote from: mobnepal on July 18, 2018, 06:30:15 PM

Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

Electrum to use as hot wallet in my phone.
Ledger Nano as cold wallet
Paper wallet for even better security and long term holding - ofcourse proper protection against water and fire needed Grin

Blockchain wallet to use occasionally when I am on desktop

Avoid using other web wallets and third party apps that claim to be bitcoin wallet but they are just payment processors like coinbase, xapo etc.

I saw they sell online PVC wallets ... yeah it's like credit card. but not sure as someone else might have a copy of it, do not you think?

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Quote from: OmegaStarScream on July 18, 2018, 01:18:52 PM

An open source wallet that give you control over your private keys. A wallet that doesn't give one of these things shouldn't be used, at least not for storing large amounts.

Of course, when it comes to security then there is nothing better then a hardware wallet since desktop/phone wallet are safe as long as your device is not infected.

Great, why do not you name one or suggest it ?

Quote from: harizen on July 18, 2018, 01:23:03 PM

Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

Trust is an issue. It depends on your own taste and preference.

Basically hardware wallets are the one that must be considered for long term storage. Hit search for it.

But since I always do trades, I literally risking my funds from several exchanges for less hassle execution of my trades. What are those exchanges? It varies and we have might different views and experienced to it so I will leave this to you as your assignment.

The security of out wallet depends on how will you keep it secured. You really need to test some of them on actual and see if it will meet your criteria of giving them trust.

True .. I know but the thing is we can't all download all the client for example bitcoin or litecoin, sizes are bandwidth is much time, do not you agree?

Quote from: Findingnemo on July 18, 2018, 02:20:14 PM

Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

Most trustable crypto currency wallets are their official wallets of each coins all other wallets were less trustable than their official wallet.Now most people preferring hardware wallets because we can store multiple currencies with much safer for long time.

True .. I know but the thing is we can't all download all the client for example bitcoin or litecoin, too much data and need hard drive sizes are bandwidth is much time, do not you agree?

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Quote from: Thanasis on July 19, 2018, 03:47:41 AM

E;ectrum is also not fully secured recently there were vulnerability found and the people who were online were stolen by some people,even our admin asked to update to the latest version of electrum.So still it is not completely secured.

The thing with such discoveries is that people only know about them when these vulnerabilities are known to exist. You can't protect yourself against that, because you as noob (not you personally but in general terms) have to rely on others to find these vulnerabilities for you. If nothing is found, you will keep using them as if they are safe while in reality they're not.

Considering that Electrum fixed everything, it is almost as 'safe' as any other solid wallet client out there. I'm using it on a daily basis and it works perfectly fine.

Quote from: Thanasis on July 19, 2018, 03:47:41 AM

As for now bitcoin core is the one you can trust cent percent.

I assume you mean that you can trust the core wallet client 100%? Nope. Software written by humans can't ever be 100% safe. Forget about that.

The only thing is that the more capable the developers are, the less likely it is for them to overlook something; the core developers definitely hold a massive advantage here.

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Quote from: steveabrahams on July 19, 2018, 03:31:57 AM

Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

Based on my experience, Electrum is good and i can trust this wallet for stored my bitcoins. 2 years and never had a single problem in this wallet. For cryptocurrency i choose myetherwallet, same as ethereum, never had a problem before. Just careful and always check the site before login your wallet.

E;ectrum is also not fully secured recently there were vulnerability found and the people who were online were stolen by some people,even our admin asked to update to the latest version of electrum.So still it is not completely secured.As for now bitcoin core is the one you can trust cent percent.

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Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

Based on my experience, Electrum is good and i can trust this wallet for stored my bitcoins. 2 years and never had a single problem in this wallet. For cryptocurrency i choose myetherwallet, same as ethereum, never had a problem before. Just careful and always check the site before login your wallet.

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Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

Why choose to trust a hosted bitcoin wallet like Coinbase, when you are able to have complete control over your funds trustlessly with wallets with which you hold your private keys exclusively with? You don't even need to sync the entire blockchain with most of them.

My suggestion would definitely be Electrum, as it is one of the most widely used wallets, you hold your own private keys, it's open source, it's been around for a long time, and it's very user friendly on the UI side.

There would be no point using a hosted wallet in any scenario unless you're exchanging BTC for fiat, in my opinion, because you don't hold your bitcoins anymore when you deposit funds into a hosted wallet. Rather, you hold an IOU that the wallet service writes you. Then, there would be absolutely no point using bitcoin anymore.

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Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

Electrum to use as hot wallet in my phone.
Ledger Nano as cold wallet
Paper wallet for even better security and long term holding - ofcourse proper protection against water and fire needed Grin

Blockchain wallet to use occasionally when I am on desktop

Avoid using other web wallets and third party apps that claim to be bitcoin wallet but they are just payment processors like coinbase, xapo etc.

BitMaxz

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For me, I think only hardware wallet is the best and trusted wallet nowadays but based on my own experienced I'm using coinomi wallet never had any issue using this wallet and I use this wallet for receiving mined coins and save it for many months before I send it to exchanges to sell my coins and I think this is good only as alternative wallet just don't put all your cryptocurrency in one basket and if you holding a large amount of coins better to use a hardware wallet like ledger nano s for your coins safety. But so far I trust coinomi wallet.

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Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

Most trustable crypto currency wallets are their official wallets of each coins all other wallets were less trustable than their official wallet.Now most people preferring hardware wallets because we can store multiple currencies with much safer for long time.

harizen

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Quote from: designbuyers on July 18, 2018, 12:33:24 PM

What's the best cryptocurrency wallet that you can trust?

Trust is an issue. It depends on your own taste and preference.

Basically hardware wallets are the one that must be considered for long term storage. Hit search for it.

But since I always do trades, I literally risking my funds from several exchanges for less hassle execution of my trades. What are those exchanges? It varies and we have might different views and experienced to it so I will leave this to you as your assignment.

The security of out wallet depends on how will you keep it secured. You really need to test some of them on actual and see if it will meet your criteria of giving them trust.

OmegaStarScream

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An open source wallet that give you control over your private keys. A wallet that doesn't give one of these things shouldn't be used, at least not for storing large amounts.

Of course, when it comes to security then there is nothing better then a hardware wallet since desktop/phone wallet are safe as long as your device is not infected.

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I don't know if we can say it's the best but I trust my Ledger Nano. I have no reason to not to. Plus it's a Cocorico company so... I have never seen someone with his wallet "hacked" so far (without considering if a user didn't be careful with it) It depends on your needs to say what is your best wallet but no matter what are they, for sure the web-based wallets are the last one to use with the exchanges

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What's the best cryptocurrency wallet that you can trust?

For me, most trusted is
1. coinbase.
2. localbitcoins ( well lately not keep here )

Topic: What's the best cryptocurrency wallet that you can trust? (Read 1992 times)