Which bitcoin wallet is the safest and the most convenient? - page 4.

15Lemon714

sr. member

Activity: 266

Merit: 250

Quote from: LiteCoinGuy on August 15, 2015, 07:30:31 AM

Quote from: Tom Walton on August 15, 2015, 07:25:08 AM

I'm using Electrum at the moment - launched this wallet a day ago to pay an entrance fee on this forum.
But for future - as I understand it's not the safest wallet to collect BTC.

take a look on these hardware wallets too:

https://bitcointalksearch.org/topic/overview-bitcoin-hardware-wallets-secure-your-coins-899253

I found this awhile back and got the ledger dual as it was cheap and very safe. Cheers litecoinguy

Patatas

legendary

Activity: 1750

Merit: 1115

Providing AI/ChatGpt Services - PM!

For me it's mycelium , I find it convenient . has simple design and easy to use. I also feel safe using it

Kazimir

legendary

Activity: 1176

Merit: 1011

Electrum is a reasonable compromise between safety and convenience.

Still, the most convenient wallets imho are Mycelium and breadwallet.

el kaka22

legendary

Activity: 3710

Merit: 1170

www.Crypto.Games: Multiple coins, multiple games

For the safest wallet, it is always bitcoin- core, because it is the very original wallet started by satoshi and developed by the community.
However it takes at least 50GB of your hard disk space, so it obviously not the most convenient one. I personally use blockchain.info wallet because it can be accessed once I have a Internet connection. However I think the most convenient one is Mycelium for Android, because it is lightweight yet multi-functional (like signing message, sweeping paper wallet etc.).

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Quote from: Tom Walton on August 15, 2015, 07:25:08 AM

I'm using Electrum at the moment - launched this wallet a day ago to pay an entrance fee on this forum.
But for future - as I understand it's not the safest wallet to collect BTC.

take a look on these hardware wallets too:

https://bitcointalksearch.org/topic/overview-bitcoin-hardware-wallets-secure-your-coins-899253

RustyNomad

sr. member

Activity: 336

Merit: 251

All of the 'mainstream' wallets on offer today are good and most often it comes down to personal preference.

However, with that said, the most important aspect for me with any wallet is the control/trust factor. Who has control over all the private keys? If you do not have full and explicit control over all of the private keys then you are not in control of that wallet. The trust factor is out the window [in my opinion], the moment a third party has access and or control over some or all of the private keys.

So if you ask me which wallet I'll say start with the above, pick one that puts yourself and only yourself in charge of said wallet.

Tom Walton

newbie

Activity: 21

Merit: 0

I'm using Electrum at the moment - launched this wallet a day ago to pay an entrance fee on this forum.
But for future - as I understand it's not the safest wallet to collect BTC.

GonnaGrinditout

member

Activity: 94

Merit: 11

Betchain.info, online wallet easy to use, no download.

eternalgloom

legendary

Activity: 1792

Merit: 1283

Like previous posters have said, I'd also use Electrum or Multibit.

Or if you want to be extra safe, Armory.

Amph

legendary

Activity: 3248

Merit: 1070

i can't see the problem of downloading 30-50 gb one time only with core, besides this for me it's still the best wallet and the one that is less susceptible to random problems like the last one with the invalid blocks from miner

people download every day game, movie in high resolution which exceed 30 gb like nothing and they worry to donwload one time only 30 giga...

turvarya

hero member

Activity: 714

Merit: 500

You should understand the concept about Cold/Hot Wallets.

A cold wallets holds most of your money and is save/offline: I still use paper wallets for that, but might switch to a hardware wallet like trezor in the near future.

A hot wallet contains what you really want to use and is not that save/online(since every device that is connected to the internet could be compromised): I use mostly Mycelium for that, since it is not really convenient to have your wallet only on your pc.

Rude Boy

hero member

Activity: 770

Merit: 500

other than btc core, i'll recommend multibit, bither or electrum Roll Eyes

~Rude Boy

unamis76

legendary

Activity: 1512

Merit: 1012

If you are looking for a fast, easy and convenient wallet for desktop, you should look for Electrum, or MultiBit.

Tom Walton

newbie

Activity: 21

Merit: 0

Hi all. I'm a novice on this forum. I want to know which Bitcoin wallet is the safest and the most convenient at the same time?
I've heard good feedbacks about Armory but as I understood it works only with Bitcoin-Qt. But Bitcoin-Qt weighs more than 30GB... Is it worth of this? Huh

Perhaps someone can share better variants and explain why - I would be very grateful for recommendations.

Topic: Which bitcoin wallet is the safest and the most convenient? - page 4. (Read 5233 times)