Which is the best wallet to store bitcoin. - page 5.

carefumles

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Quote from: anonszs on November 27, 2017, 06:32:58 PM

Hello i have recently bought some bitcoin and litecoin and was wandering what wallet or method is the best to store it in. (From the UK if that helps)

Thanks.

i use Exodus it is good and support many altcoins + BTC ,not recommended it for bitcoins .

for bitcoin use hardware one it will be better

BossMacko

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There are lots of Bitcoin wallet that you can use to store your Bitcoin just make sure that you'll have control with your private key because private key will help you in the future for some matters especially getting free coins from FORKS. But if you can't choose in any of those i prefer electrum wallet you can send to many addresses, easy to install and you have access with your private key.

slyfox

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Quote from: player514 on November 27, 2017, 06:38:09 PM

Quote from: anonszs on November 27, 2017, 06:32:58 PM

Hello i have recently bought some bitcoin and litecoin and was wandering what wallet or method is the best to store it in. (From the UK if that helps)

Thanks.

Regardless of what you choose try to stay away from Coinbase. I personally use Electrum, and a lot of people have agreed that it's one of the better wallets out there -- they've supported the major forks (to an extent at least with electrum cash), but Coinbase is just too steep with the fees. Try to avoid that because it gets in the way with trying to exchange crypto into fiat.

Besides the fact that leaving your money in an exchange is always a bad idea we never know what may happen, now that the IRS has won the legal battle against coinbase I will not be surprised if in the future the IRS took control of their servers and you lose your money if you do not cooperate with them.

TheCryptoSite

newbie

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I think blockchain is still the best for storing your bitcoin. Security is also guaranteed, and has supported ETH.

tranquangvinh

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Quote from: anonszs on November 27, 2017, 06:32:58 PM

Hello i have recently bought some bitcoin and litecoin and was wandering what wallet or method is the best to store it in. (From the UK if that helps)

Thanks.

Previously I used blockchain to keep bitcoin, it worked very well, most of my friends are using blockchain. After this, when I knew about coinbase wallet , I also used coinbase , I found coinbase activity is also very good, no problem what happened. Now, I'm using both blockchain and coinbase, I split my bitcoin into 2 wallets to avoid having bad problems .

btsjungkook

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For me the best wallet to store bitcoin is Blockchain because it's easy to use and your bitcoin is hard to steal another person.

slyfox

member

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Quote from: anonszs on November 27, 2017, 06:32:58 PM

Hello i have recently bought some bitcoin and litecoin and was wandering what wallet or method is the best to store it in. (From the UK if that helps)

Thanks.

If the amount you bought is big enough then the best wallets are hardware wallets, those are very secure and practical, now if you do not want to spend money in a hardware wallet there are many other options but which one is the best depends entirely on you needs, there are paper wallets, online wallets, wallets in cold storage and more.

GreatArkansas

legendary

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There are many bitcoin wallets nowadays, my suggestion is to use bitcoin wallet that you owned your own private key, like coinomi and jaxx. Owning of your private key is much safer and have large security.

Lituation

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Free Speech is the most important thing.

mycelium is probably the best in terms of cold wallet support however the most dynamic wallet in my opinion is coinimi. its a great app and I cant spread awareness of it enough honestly.

gudrun

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That is your wallet address. Not the wallet you hold daily. It is only 1 address and is validated by all computers around the globe. Only if you have the wallet address and password of that wallet will you be able to log in

whoisyourking

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There are lots of bitcoin wallet that offers the best service and security like coinbase and blockchain but you can also use a paper wallet and offline wallet. In terms of security, building your own safety measure in dealing with bitcoin is more secure and safe.

browder07

newbie

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You may have misunderstood. Your wallet is simply a bitcoin address, and you have a pass to that wallet address. It can not be cold as people think.

TiffanyLien23

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For me myetherwallet and coins.ph.

shinjunobi09

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For me mycelium is one of the best out , no issues or whatsoever I have read so far. Fast and easy transaction also transaction fees. If the transaction is done in a proper manner, then you would not encounter any issues regarding whatsoever.

aoluain

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Quote from: Frank0209 on November 27, 2017, 07:50:30 PM

Quote from: leex1528 on November 27, 2017, 06:41:06 PM

I personally use Coinbase, I know the guy above me said don't use it, but I have never had any problems with them and all the transaction fees haven't been an issue for me as I usually only receive Bitcoin and don't send it a lot. I like Coinbase cause they are at least backed by something..

LOL. You're wrong buddy. Coinbase is not the best wallet when you can't control your private key. For now as I know the best wallet to store Bitcoin is coldstorage wallet like Trezor or ledger nano s which you can control your private key and nobody can stole your Bitcoin when you're not connect the USB stick with your computer and click the button on the USB stick.

i use coinbase for buying bitcoin with fiat, a direct transfer
from my linked bank account attracts zero fees, transfer to
gdax and to a different bitcoin wallet attracts zero fees.

coinbase is an excellent facility but i dont store bitcoin there.

There are 3 wallets I use, coinomi on my mobile phone wallet,
exodus and electrum on my desktop. I have control of all my
wallets and the private keys. its much safer than storing
them long term online.

Frank0209

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Quote from: leex1528 on November 27, 2017, 06:41:06 PM

I personally use Coinbase, I know the guy above me said don't use it, but I have never had any problems with them and all the transaction fees haven't been an issue for me as I usually only receive Bitcoin and don't send it a lot. I like Coinbase cause they are at least backed by something..

LOL. You're wrong buddy. Coinbase is not the best wallet when you can't control your private key. For now as I know the best wallet to store Bitcoin is coldstorage wallet like Trezor or ledger nano s which you can control your private key and nobody can stole your Bitcoin when you're not connect the USB stick with your computer and click the button on the USB stick.

rainbow169

full member

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I highly recommend a hardware wallet mate. Just use a ledger and keep an eye on the amazon.co.uk offers, sometimes the price could be lower than ordering from ledger directly.

sheenshane

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Here our country we used coins.ph wallet it is safe wallet with 2fa and we have our own private key and personal mobile number authentication, so it possible to hack unless they know your private key. Also coinbase wallet so far I don't have heard any trouble with that wallet. To more secure of your bitcoin also used hardisk wallet or offline wallet that is very safe. Don't put all your eggs in a one basket.

anonszs

newbie

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Quote from: h55 on November 27, 2017, 06:57:16 PM

Please be careful, the best wallet for BTC storage only paper wallet and ledger

I would get a paper wallet but dont have access to a safe printer.

bitkanu

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Quote from: spadormie on November 27, 2017, 07:05:44 PM

Well the best wallet to put all of your bitcoin is in blockchain. Probably it is so secured and also find wallet where you have 2fa and private key. Having priv key and 2fa makes your btc and your wallet secured.

blockchain is the system that bitcoin uses, you need to read more about it because it seems that you're lack of information, also if you means blockchain.info wallet, it's unsecured
and can be hacked easily, better store it in offline wallet.

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