Topic: Which is the best wallet to store bitcoin. - page 6. (Read 1338 times)
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.
Please be careful, the best wallet for BTC storage only paper wallet and ledger
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.
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.
Which wallet type would be the best to create if i used Electrum? https://gyazo.com/c7c40c6a4b6fb6ffc1a3beee19083664
The standard wallet would be the best if you haven't experienced Hardware Wallet. Wallet with two-factor authentication means you get more security plus with the 2fa. If you have old Bitcoin addresses then the best choice is Import Bitcoin addresses or private keys. I didn't quite know about the Multi-Signature Wallet. Maybe you can try to read Electrum Docs to learn basic about Electrum: http://docs.electrum.org/en/latest/
Regardless of what you choose try to stay away from Coinbase.
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.
Why do you say this? When it comes to exchanges they really look like one of the most secure to me. Poloniex looks decent to, and if you have problems with fees at coinbase, you could always try to use Gdax. It belongs to coinbase as well, but at least you can trade your coins to fiat, so you can't really complain about fees here, because it's all about the price you manage to get. Also, they only charge 15cent or something like that for a bank withdrawal, and right now I think it's hard to compete with that.
Anyway as for ways to secure your bitcoins, and although I like coinbase, I would recommend you to keep your coins at a hard wallet (trezor or ledger), or at least in desktop wallet like electrum. For me these are the most secure options for holding, since they are reliable and you have your private keys, and that does not happen on an exchange.
best safe option offline wallet 
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.
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.
Which wallet type would be the best to create if i used Electrum? https://gyazo.com/c7c40c6a4b6fb6ffc1a3beee19083664
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..
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.
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.
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.
Thanks.
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