Which wallet best for your currency store?

aomakun

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Activity: 1020

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Quote from: lienfaye on January 20, 2020, 03:56:47 AM

Coinbase is number one in your list but the fact is you never hold your keys thats the sad part of it. Its not advisable to store your coins in such wallet/exchange unless you're not concern with your coins and its fine for you to take the risk.

Im using blockchain for years already since I strated in crypto and didnt get any problem. Im also using our local wallet for cashout purposes because its convenient and less fee.

I personally think the use of the wallet depends on the user, maybe if you use a third-party wallet then you have to find a platform that is good for security and responsibility issues. and we need to store important files in our wallet safely and privacy.

secone

hero member

Activity: 700

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for daily usage, i recomended coinbase and coinomi, both of them is easy to use and rich feature.
for investment i use paperwallet you can go here https://walletgenerator.net/, and use raw transaction for submit tx id if you need, or you can use android wallet https://play.google.com/store/apps/details?id=de.schildbach.wallet&hl=en, support segwit wallet too, easy to use and you own your privekey

lienfaye

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Coinbase is number one in your list but the fact is you never hold your keys thats the sad part of it. Its not advisable to store your coins in such wallet/exchange unless you're not concern with your coins and its fine for you to take the risk.

Im using blockchain for years already since I strated in crypto and didnt get any problem. Im also using our local wallet for cashout purposes because its convenient and less fee.

maruf01788

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Activity: 938

Merit: 11

Personally i always used Blockchain and coinbase wallet. But coinbase not support all of countries. Blockchain has many advantage, adjust fee for each transaction and they have best technology. I also used trust wallet and coinomi wallet. It's not bad. I have no experience about Trezor wallet. Can anyone tell me about the Trezor?

Adriano2010

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Activity: 1414

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I also use coinbase, but i also use mobile wallet mycelium for bitcoin, and instead if trezor i use ledger nano hardware wallet. I see a user say Freewallet is good, i use them for a token and they never give access to it even after was supported so i don't know but if you not hold the private keys then you not own the coins so better choose another wallet where you and only you have the private keys.

Mihaylovic

sr. member

Activity: 910

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Thanks for the post. It is useful for the ones that confused about which wallet to use...I also like trezor wallet and have been usig it for years. I can clearly say that using trezor wallet is very simple and it is quite user friendly.

TastyChillySauce00

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Activity: 3010

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Quote from: Saisher on January 19, 2020, 10:17:52 PM

There's no strong reason why you put Coinbase in your top wallet when in fact it is an exchange wallet, I will never store my coins in any exchange even if it is secure it, nor recommend it to store your coins, if you don't own the key you don't own the coins, and that's a fact.

usually that's the case but there are some people who did secure their private key poorly and it's better for them to save up their money in exchange. Despite all the falws it has exchange like coinbase still have the security for a newcomers or people who are really new to cryptocurrencies while saving up to our private wallet which the privkey we owned is for people with knowledge regarding crypto.

Saisher

full member

Activity: 2324

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There's no strong reason why you put Coinbase in your top wallet when in fact it is an exchange wallet, I will never store my coins in any exchange even if it is secure it, nor recommend it to store your coins, if you don't own the key you don't own the coins, and that's a fact.

cryiotic

newbie

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As for me, it's Freewallet. There are like really a lot of pros. Free transaction between users, high-security level, you can also buy BNB there.

TanakabZX

member

Activity: 504

Merit: 16

Coinbase is way off and dangerous because they give users only 50% access to the funds they have on the wallet, any wallet that refuse to give users private key or recovery phrase for backup they can't be trusted

plvbob0070

copper member

Activity: 658

Merit: 402

Quote from: gedarchitect on January 06, 2020, 03:55:33 PM

The best wallet for currency store to me is COINBASE WALLET and BLOCKCHAIN WALLET. The features include best security and very easy wallet with maximum security with added Google Authenticator.

It's more advisable to use hardware wallet when it comes to storing a lot of cryptocurrencies. I can't say that those wallets are the best wallet for storing cryptocurrency because there are still cases that some people lose their funds after storing their coins on that wallet. In terms of security its better to use hardware wallet like ledger nano s and in our country we have a trusted wallet that has a lot of features which is the coins.ph. Based on my experience on using Coins.ph I can say that it is safe to use and and you can ensure that all your funds are secured

FireBallex

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Activity: 462

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Do not use coinbase, i repeat, do not use coinbase, after i deposit few Satoshi on coinbase wallet they deny me of entry, i wrote to their service but the message i got back is not helping so i move on, I'm glad i only deposit few sats on the wallet

jossiel

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Blockchain.com wallet isn't safe so if you will use that better to find something else. The description tells that blockchain is the technology and that's right but he's pointing out here about the wallets so obviously that's the thing that he's telling us about.

There's a lot of problem with blockchain.com wallet so if that's the best for others, it isn't for many. It's a wise idea if you will get to know other wallets where it has been proven to be a good wallet and does have minimal issues.

cryptothreads

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Activity: 1274

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Quote from: ?? on ??

Most users still feel uncertain about whether to use wallet, but it depends on what you need to use it. If you want protection, cold storage wallet such as Ledger Nano S or Trezor is a good option, especially if you have some valuable coins. You can use Exodus or Atomic wallet if you want a secure mobile wallet. Web and mobile wallets are also available that are good for fast transactions but less stable like Coinomi.

I think Ledger Nano S is the safest option for everyone to enter this market because this is the wallet I've used for over 4 years now and haven't had any problems using it.

In fact, the wallets you listed are very good, but I only use cold wallets to hold assets. Of course, I also use Trust Wallet to keep a small amount of money because this wallet has been used by a lot of people recently.

tungaqhd

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Quote from: amonymous on November 23, 2019, 02:50:56 AM

Here are 3 crypto wallets that are the best to me, but personally I can say that I use the coinbase wallet more because lot of opportunity in coinbase.

1. Coinbase:
Coinbase is one of the easiest ways to buy, sell, and hold cryptocurrencies, which earns it the first spot on this list. With Coinbase.
Coinbase currently supports now:
BTC, BCH, BAT, REP, ZRX, Link, DAI, DASH, EOS, ETH, ETC, LTC, XLM, XTZ, USDC, XRP, ZEC
You can store here your currency, as your like.
Secority: coinbase give you strong password with email verification.

3. Blockchain:
Blockchain is the technology that allows Bitcoin and other digital currencies to exist.
Blockchain wallet is similar to Coinbase in that it is an online wallet and you can buy and sell directly through the platform.
Secority: You can use strong password with email verification and two-factor authentication.

2. Trezor:
Trezor isn’t a full buying and selling platform like Coinbase. Instead, it is simply a place to store your Bitcoin with multiple currencies.
Trezor wallet accept computer, tablet or phone.
Security: you can use strong password with two-factor authentication.

welcome to share your opinions for everyone new members in the crypto world with increasing our knowledge.

My favourite web wallet is Blockchain.com . It allows me to control private keys, many advanced secutity features like Email/ Two-Factor Authentication and adjust fee for each transaction.

Yamifoud

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Activity: 2828

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Quote from: ?? on ??

Most users still feel uncertain about whether to use wallet, but it depends on what you need to use it. If you want protection, cold storage wallet such as Ledger Nano S or Trezor is a good option, especially if you have some valuable coins. You can use Exodus or Atomic wallet if you want a secure mobile wallet. Web and mobile wallets are also available that are good for fast transactions but less stable like Coinomi.

Ledger Nano has built already a good market reputation when it regards security assurance and also other Hard or offline wallets. But it is a little bit expensive to acquire that is why most crypto holders especially when you are just holding small amounts they only just prepare to use online/mobile wallets even the risk of losing their funds is so high.

However, it is not about having Hard wallets we are totally safe at all, it also depends on how we manage our wallets in a particular transaction. We are too careless handling this thing, it also meant nothing and we may also have to lose our funds somehow.

gedarchitect

newbie

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The best wallet for currency store to me is COINBASE WALLET and BLOCKCHAIN WALLET. The features include best security and very easy wallet with maximum security with added Google Authenticator.

TinaK

hero member

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There are wallet providers are available in the market and usage of the wallet is based on the requirement of the users who want to access the wallet.
Wallet user doesn't want the big usage they can simply go with the best based their wish and there are many listing site to show the good one.

BitSat19

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Quote from: hirngespenst on January 06, 2020, 02:55:49 PM

To me, there is no better wallet than a hardware wallet, but after a hardware wallet, I will blindly choose the Coinbase as a wallet. They are very famous and most trusted crypto platform, I have been here for many years but never heard about Coinbase data breached what I am hearing every year in platforms like Binance and Bithumb! Recently Coinbase opened their door for the ERC20 based tokens too, so, anybody can easily store their ERC20 tokens on that!

Coinbase is first choice for many here on this forum but its sometime sucks very quickly I personally use this for long time but now I am on Blockchain and Kracken as these both doing very good for me right now I can trade as I want but on coinbase is not giving this offer in my country.

hirngespenst

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To me, there is no better wallet than a hardware wallet, but after a hardware wallet, I will blindly choose the Coinbase as a wallet. They are very famous and most trusted crypto platform, I have been here for many years but never heard about Coinbase data breached what I am hearing every year in platforms like Binance and Bithumb! Recently Coinbase opened their door for the ERC20 based tokens too, so, anybody can easily store their ERC20 tokens on that!

Topic: Which wallet best for your currency store? (Read 1167 times)