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Topic: Which wallet is best for use? (Read 1441 times)

full member
Activity: 784
Merit: 135
DeFixy.com - The future of Decentralization
July 26, 2017, 07:55:23 AM
#24
Which wallet dont have fees and is safe? Also can you tell me which one is best.

There are no Bitcoin wallet that don't have fees but there are some that have low transaction fees. If you are looking for a good bitcoin wallet i recommend Xapo wallet. It still has fees for both incoming and outgoing fees that involves outside wallet however, there are no fee that will be charge if you are transacting to fellow Xapo user.
legendary
Activity: 1372
Merit: 1005
July 25, 2017, 01:16:14 PM
#23
Bitcoin Core
Bitcoin Core is the first and original wallet. Using this option means having control over both your public and private keys, which ensures safe storage.

Now it is not recommended by the people due to segregated witness. However, this topic does not need to be here in this section first. This topic will be fit for Bitcoin discussion or Beginners and help section if op is newbie.
I have my bitcoins in Multibit and Coinbase. They is very safe as of now.
legendary
Activity: 1260
Merit: 1046
July 25, 2017, 03:09:53 AM
#22
Which wallet dont have fees and is safe? Also can you tell me which one is best.
The only wallet absolutely safe is Bitcoin core.
Even if a bug will appear in the future, Bitcoin core it is so important in the Bitcoin system that the Blockchain will do with this bug (even with a fork).
member
Activity: 84
Merit: 10
July 25, 2017, 02:23:05 AM
#21
Bitcoin Core
Bitcoin Core is the first and original wallet. Using this option means having control over both your public and private keys, which ensures safe storage.
HCP
legendary
Activity: 2086
Merit: 4318
July 24, 2017, 10:37:04 PM
#20
How do you do this?  "You can use -prune to get it down to 2GB."
You use the commandline argument -prune= or put prune= in your bitcoin.conf file where is greater than or equal to 550 as per the instructions in the release notes:

With 0.12 it is possible to use wallet functionality in pruned mode. This can reduce the disk usage from currently around 60 GB to around 2 GB.

However, rescans as well as the RPCs importwallet, importaddress, importprivkey are disabled.

To enable block pruning set prune= on the command line or in bitcoin.conf, where N is the number of MiB to allot for raw block & undo data.

A value of 0 disables pruning. The minimal value above 0 is 550. Your wallet is as secure with high values as it is with low ones. Higher values merely ensure that your node will not shut down upon blockchain reorganizations of more than 2 days - which are unlikely to happen in practice. In future releases, a higher value may also help the network as a whole: stored blocks could be served to other nodes.

For further information about pruning, you may also consult the release notes of v0.11.0.

So you'd simply add a line in your bitcoin.conf that looks like:
Code:
prune=1000
and it will aim to prune your DB to like 1000megs.

Alternatively, if you're on windows, you simply edit the properties for the shortcut being used to start Bitcoin Core and add -prune=1000 to the end:


Note: that this WILL disable some features as noted...
newbie
Activity: 29
Merit: 6
July 24, 2017, 03:03:17 PM
#19
How do you do this?  "You can use -prune to get it down to 2GB."
hero member
Activity: 1036
Merit: 520
1KoMmKPMG6xaWcqB8CPP3WJ8avRSVRHtP2
July 24, 2017, 02:47:22 PM
#18
Which wallet dont have fees and is safe? Also can you tell me which one is best.
i really like electrum because you don't have to download the whole blockchain
and it has a lot of nice features like for example replaceble transactions , so if a transaction gets stuck
you can resend it with a higher fee.
full member
Activity: 254
Merit: 100
July 24, 2017, 09:51:49 AM
#17
If you have a decent amount of BTCs I would suggest to go with a Hardware Wallet like Trezor or Ledger Nano S.
legendary
Activity: 1736
Merit: 1023
July 24, 2017, 02:30:32 AM
#16
Personally, I'd recommend the Electrum wallet. I've been using it for some time and it is a great wallet. It is lightweight and has many advanced features such as coin control, etc. Plus you can use Electrum with a hardware wallet device as well if you have one.
legendary
Activity: 966
Merit: 1042
July 22, 2017, 11:35:25 PM
#15
Under no circumstances would suggest any Web wallet. Not coinbase, Xapo , blockchain.info or any other Web wallet. If it's open source and you hold your own private keys it's a good wallet. Try electrum, armory, Bitcoin core. There are lots of ios and android options too, just don't get Web wallet apps!!
newbie
Activity: 42
Merit: 0
July 22, 2017, 11:32:53 PM
#14
i suggest you the best wallet to use is Ledger, cryptosteel, trezor. For desktop I've had good experiences with the multi-sig on Copay,
loved the layout and options of Multibit. although
Electrum and Mycelium are always popular there will always be Lots of options to choose from.
newbie
Activity: 1
Merit: 0
July 21, 2017, 10:34:14 PM
#13
I am newbie too and using copay it is really easy to use i would recommend
sr. member
Activity: 420
Merit: 251
July 21, 2017, 01:59:21 PM
#12
There's no wallet that doesn't have fees because your transaction would NEVER go through if you didn't use a fee.
Use a wallet whose private keys you have exclusive control of, such as Electrum. That would be safest.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
July 21, 2017, 01:56:29 PM
#11
https://1august.org/ offers Electrum and Mycelium. I use Xapo. I don't know others but Xapo has lots of security checks. I suggest you to try and see it.
So, you are linking a website that says:

Quote
The only way to protect yourself in the event of a fork is to ensure that your Bitcoins are under your control. If your coins are stored on an exchange such as Coinbase, Bittrex, Bitfinex etc. or on an online wallet such as Blockchain.info, you are forced to use whichever bitcoin fork they choose to support.

But at the same time, also recommending someone to use Xapo? I don't get it.



OP. Ignore everybody telling you to use Blockchain.info or Coinbase.

The easiest and safesty way to store your coins is with an offline wallet like Electrum. If you have the money and time, buy an hardware wallet. Otherwise, avoid any web wallet!

Xapo is the same! It's still a web wallet as well and I think they have terms and conditions similar to coinbase so...

Also, never store large amounts of bitcoin on an exchange!
legendary
Activity: 2758
Merit: 6830
July 21, 2017, 10:00:12 AM
#10
https://1august.org/ offers Electrum and Mycelium. I use Xapo. I don't know others but Xapo has lots of security checks. I suggest you to try and see it.
So, you are linking a website that says:

Quote
The only way to protect yourself in the event of a fork is to ensure that your Bitcoins are under your control. If your coins are stored on an exchange such as Coinbase, Bittrex, Bitfinex etc. or on an online wallet such as Blockchain.info, you are forced to use whichever bitcoin fork they choose to support.

But at the same time, also recommending someone to use Xapo? I don't get it.



OP. Ignore everybody telling you to use Blockchain.info or Coinbase.

The easiest and safesty way to store your coins is with an offline wallet like Electrum. If you have the money and time, buy an hardware wallet. Otherwise, avoid any web wallet!
member
Activity: 308
Merit: 10
July 21, 2017, 02:06:15 AM
#9
Which wallet dont have fees and is safe? Also can you tell me which one is best.
if you have a little bitcoin, maybe online wallet like Blockchain, Coinbase is a good choice. But if you have larger amount, then i recommend you using hardware wallet for more secure. Btw, there are no wallet that do not have fees
hero member
Activity: 1043
Merit: 500
July 21, 2017, 01:54:52 AM
#8
Which wallet dont have fees and is safe? Also can you tell me which one is best.
Previously coinbase not fee, now I do not know. But you have a higher risk of getting your account locked, terminated, and lose all of your funds in CoinBase.
sr. member
Activity: 308
Merit: 251
July 21, 2017, 01:32:52 AM
#7
As a local wallet user. If your talking about online wallet, first must be in mind is Security. Fees is necessary for there service. If you have local wallet provider, you can visit there office. It is more practical to me.

Which wallet dont have fees and is safe? Also can you tell me which one is best.
sr. member
Activity: 322
Merit: 250
July 20, 2017, 10:56:50 PM
#6
It greatly depends on what you want to use it for. I would ultimately recommend a hardware wallet such as Ledger or Trezor, but this really depends on how many bitcoins you have and how much you want to spend. If yuo have over 0.4, Hardware is the way to go. Anything below that, a software or online wallet will do.
newbie
Activity: 18
Merit: 0
July 20, 2017, 12:02:00 PM
#5
https://1august.org/ offers Electrum and Mycelium. I use Xapo. I don't know others but Xapo has lots of security checks. I suggest you to try and see it.
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