Topic: Which wallet is the best for Bitcoin Now? - page 3. (Read 428 times)

Someone said that now he uses blockchain but he wants to move to trozan but I'm thinking of moving to trezor.

Just got my Trezor, very happy with it! Not to mention it's the safest option. Storing in an online wallet or hard drive wallet is to sketchy. Hackers are on the rise with the bitcoin price going up.

Be careful with online wallets.
I suggest you get one which is offline.
Atleast store half of it there just to be safe.
Same with trading websites which are offering now to give the airdrop from the fork that will come.
They want you to store your bitcoin with them. That means something. It could be bad or good.

Don't use coinbase because they aren't very reliable and are sharing intel with the US gov. Blockchain is ok, but it's still an online wallet. If you want to be safer use a desktop wallet like Electrum. IMO it's still the best wallet there is. I've been always using qt up to a point where it became annoying to use and update every time (somewhere in 2015). Electrum is the second best thing.

I have been using blockchain and coinbase for a more than a year now and I can say they have been the best and most secured bitcoin wallet.I don't know what makes you want to create another wallet but I'd recommend Tregor. It's another wallet with very high security.

They are equal, you are right, but you are buying a physical wallet, and you need to consider a lot of things before buying, not just the price.

The Ledger nano is much more resistent than the trezor, trezor is very flexible, and if it falls from your table it can be broken in just a few seconds.

The ledger seems to be more difficult to break.

I have both, and until now, i have never had any problems with them so far, only that the network has been down for some moments (for both of them; trezor & ledger)

Personally I had no experiences with those wallets mentioned and for me myetherwallet still the best, because it has a private keys and file back up used as your safety when you loss your private keys. If you want to store your bitcoins now maybe you can use also coinsbase wallet and I can recommend also this, because of its safety features which has email confirmation prior access to the wallet environment.

useless question unless you tell us what machinery you want to use with it.

and in this day and age it's not a good idea to have a wallet without total fee control. when fees return to normal it's possible fixed ones won't and you'll be throwing away alot of money.

Depends on coin i think

I use Blockchain info in my opinion a very convenient and reliable wallet. Of course, I have recently been engaged in crypto currency, but there have been no complaints yet. Good interface, understandable. Excellent protection

Them being famous doesn't mean by any measures that they are the best. Heck they're not even considered safe in any way. I wouldn't store anything more than $20 on any online web wallet. Specially the ones you mentioned.

And of course there's a few reasons for why you should never use or trust a web wallet.

1- Most of these wallets don't give you access to your private keys. Which means you practically don't have access to the coins you own. If the wallet gets shut down/hacked/stolen or just has connection issues and you want to make a transaction, you can't. And the word "you don't own the coins" is no joke. When you have your private keys, you have full control over your coins and can use any wallet whenever you want. But that's not the case in online wallets.

2- You can get robbed easily. You just a wallet id and a password that can be stolen using a key logger if installed by a hacker on your computer or entered by you by mistake on a phishing site (well you can kinda avoid this by using 2fa but why put yourself in such a situation if there are safer options ?). Well they themselves can get hacked ! Remember Nicehash ? YEAH.

The best option is to use a wallet like electrum. But there's actually a safer and higher privacy wallet available out there and I'm talking about hardware wallets like Ledger Nano s. In fact, I just ordered one and it should arrive in a few days. That's the best if you plan to hold on to your coins for at leaset a few months.

For the best security then hardware wallet would be the best choice but if your looking for a daily use wallet that comes with many features of connectivity to your local businesses and banks then a local bitcoin provider that is online and widely used in your country is much more practical. So if that’s what you want, take time to ask in your local boards a section in this forum

yes, i agree with you, from the beginning i know bitcoin till today, i use electrum, because it is very easy to use safe,and I do not want to go to another wallet, because this is very convenient.

Electrum is my choice of bitcoin wallet too. I've hear blockchain wallet a lot but didn't use it as I'm pretty much happy with mine. It's safe and easy to use. That is what I all expect.

The best wallet for bitcoin is electrum or if you are going to store big amount of bitcoins then buy a hardware wallet basically hardware wallets are needed if you want to store more than one bitcoin.The blockchain and coinbase wallets are totally insecure if you are going to store your bitcoins the hackers can hack online wallets easily.

Extremely vague question.  You would have to outline what circumstances you want to store them in - do you want a wallet to spend regularly from?  Are you willing to pay for a hardware wallet?  Do you want cold storage?

For a generalised list, you could try looking at bitcoin.org's suggestions.
You can't access your private keys from Coinbase.

Generally, the most important feature for a Bitcoin wallet is to access your private keys.  The second most important feature is the ability for you to keep those private keys secure.

Trezor or Ledger Nano S is equal in functionality but only the price that makes difference.
Online wallets (not giving out private keys) are not safe, so you should only store little amount of bitcoin in online wallets. Other wallets on the web are a bit safer, if they give you your private key or seed, but you should consider that if you have to use your private key or seed on a webpage to interact with your wallet, you have to input it on the webpage. There are several possible points of attack: Keylogger built into keyboard, keylogger built into the OS on the PC, malware on the PC, phising website to grab your key, or man in the middle attack while your key are on the way to the website (travelling on the web from your PC to the wallet's server).
If you use a hardware wallet, the private key or seed won't be shared with anyone (PC, keyboard, internet, website, etc.) With a hardware wallet, you only send signed transactions from your PC, from which the private key or seed is not extractable. Everything in the process that needs a private key happens on the hardware wallet itself this is why they are really safe choice.
You pay for this safety and not only for a wallet itself.

Buddy you can use any wallet if you have or own its private key. I don't know about blockchain wallet but I had used coinbase before. Its a good wallet but after all its an online wallet and its not safe to store your coins in an online wallet.   It can be hacked by a hacker. Just remember what happened to nicehash. So its better to keep your coins in a secured wallet . You can try electrum. Its a good wallet for storing your coins.

In fact the best thing that you can do is just get yourself a hardware wallet, maybe you are thinking that this is a joke, but a lot of people have already lost their bitcoins because they were storing their btc's in an online wallet.

And they are not expensive, just tell me, do you think that paying $49 for a single wallet is expensive? of course not, becuase you are going to protect it almost forever.

Coinbase is safe, the same happens with blockchain.info, but they are online wallets, and that is why i have never liked them, a hacker can get your funds easy from there.

Just get a trezor

Both are equally safe, blockchain.info there is a privates key, so safe for storage, because if you lose your password, or access difficulties, with privates key you can get it back.

but remember never share your privates key to others, and be careful about phissing emails on behalf of blockchain.

Coinbase, you can generation your wallet address as much as possible. For privates key, I do not understand for this wallet.

But to my knowledge, all securely store in both account address of the wallet.