Which btc wallet is having highest security?

Slark

legendary

Activity: 1862

Merit: 1004

Quote from: ad2008 on November 05, 2015, 05:31:22 AM

Hiii i am a trader and wanted to use btc as my payment method so plzzz tell me which wallet should i use.?

If you are trader you probably want to use couple wallets. 1. For accepting and dealing with your transaction and 2. for keeping big amount of BTC you are no using at this moment.
For dealing with daily transaction probably any desktop wallet (recommended by bitcoin.org) will do. You can put password on any of them if necessary.
You need to know if you want to deal with whole block chain download or you are fine with simple validation wallet without locally stored block chain.

saturn643

hero member

Activity: 728

Merit: 500

Quote from: ?? on ??

Hi,
I could advise you to use the just released bitcoin debit card. Since it is Visa branded, I do believe that its security has been put into the right path. Visa is a brand for very many debit cards today and through the experience, I believe that they are doing a great job. However, you should not restrict yourself to that particular option. There are always very many option and all you need to do is have enough research about the wallet. This information can be found through the reviews and comments that are usually available online. From that content, you will be able to find the best option for your coins. Be on the look out that you wont be conned.

What debit card are you talking about? There are many Bitcoin debit cards. Some of them will take directly from the balance you deposited into whatever online service it is from while others you need to load by sending some amount of Bitcoin to a specific address.

I think the wallet with the highest security is Bitcoin Armory with the cold storage 2-pc setup. I don't particularly trust hardware wallets like Trezor since you can't know for sure if the hardware maker somehow put in a backdoor. Paper wallets are also a good option for securely storing Bitcoin for a long time.

Arcteryx

hero member

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EtherSphere - Social Games

Mycelium is the most secure webwallet to me. It has private key access so that is important to recover your coins incase of a crash in the app or computer.
Watch video below to see the easiest way to do this from your phone to your printer:
http://www.youtube.com/watch?v=W7V2myIwAuE

Amph

legendary

Activity: 3248

Merit: 1070

it's not the wallet, in most of the time it's you, and your desktop, don't download crap and don't surf on shady exchange and all wallet are secure

i waould avoid spv, in the past they had problem

maokoto

hero member

Activity: 770

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✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

I have come to start using multibit recently, and I am glad to see others also recommend it.

Pretty secure in my opinion with their backups, passphrases and all, but maybe a bigger thing is needed if you are going to hold high amount of btc.

s1ng

legendary

Activity: 1218

Merit: 1001

I'm wonder how you guys define the highest security ?
Low chance to get hack or anything else ?

I'm sure many wallet have their own security power but I'm kindda confuse ...

HeroCat

hero member

Activity: 658

Merit: 500

Trezor wallet have highest security, I think Wink

Mickeyb

hero member

Activity: 798

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Move On !!!!!!

Paper wallets and hardware wallets (Trezor) are most secure.

After this it comes Bitcoin Core of course but it's tricky to use because you have to download whole blockchain.

After this comes Electrum or Multibit. They are very secure and easy to use and I suggest one of these two.

Whatever you do, stay away from online wallets.

medUSA

legendary

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--Signature Designs-- http://bit.ly/1Pjbx77

You don't have to use one wallet. Use a few and spread your risk. A hardware wallet and a good desktop client is a good start. There are some hardware wallets which do not need a computer to send transactions, some has global mobile internet connection included.

letyouearn

legendary

Activity: 1722

Merit: 1014

I will suggest Mycelium Android bitcoin wallet . It is the most convenient and comfortable bitcoin wallet I have found to use it.

RustyNomad

sr. member

Activity: 336

Merit: 251

Quote from: ad2008 on November 05, 2015, 05:31:22 AM

Hiii i am a trader and wanted to use btc as my payment method so plzzz tell me which wallet should i use.?

The wallet you use will depend on your own personal needs. Do you want to run a full node or will a 'light wallet' suit your purposes better, which operating system are you using, do need a mobile app that goes with the wallet or a wallet that also works on a mobile device etc...etc...

For starters I would suggest that you have a look at this site https://bitcoin.org/en/choose-your-wallet It provides a nice short overview of each wallet and also provides some information as to each ones security.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Armory offline is probably the most secure wallet, but it might not be what you need for accepting payments.

ad2008

newbie

Activity: 3

Merit: 0

Hiii i am a trader and wanted to use btc as my payment method so plzzz tell me which wallet should i use.?

Topic: Which btc wallet is having highest security? (Read 950 times)