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[BMF]

Hi, guys!

In case you don't know what is a Bitcoin wallet, well a Bitcoin wallet is like your own online bank account where you can store, send and receive Bitcoins from other people.

These Bitcoin wallets stores your private keys and public keys.
+ With public key you send/receive bitcoins.
+ With private key you access your wallet.

There are 2 big types of Bitcoins wallets:

A. Bitcoin Hot Wallets [connected to the INTERNET] - easy access, less secure

B. Bitcoin Cold Storage Wallets [disconnecd from The INTERNET] - more secure


Now, because you know about these HOT/COLD Bitcoin Wallets there are 4 types of Bitcoin wallets:

1. Bitcoin Software Wallets - available for desktop and mobile devices, you must download a software client to create the actual bitcoin wallet. For this check out: BitcoinCore, MultiBit, Armory, MyCelium, Copay
2. Bitcoin Online Wallets - also know as Bitcoin Web Wallets, they are the easiest to deal with and after you create your wallet you can have access from any device that is connected to the INTERNET. Due to it's easy handle these wallets are not so secure in front of hackers.
3. Bitcoin Paper Wallets - this is Bitcoin Cold Storage and consist of printing out your private and public keys on actual paper. This is more secure but if you lost the paper you dead. For this check out: BitAddress, BitcoinPaperWallet
4. Bitcoin Hardware Wallets - this is basically a USB that once plugged in your computer will deal with every day Bitcoin transactions. For this check out: TREZOR and Ledger wallet.

What Bitcoin wallet do I recommend?

If you deal with low amounts of Bitcoins and receive or send bitcoins every other day, Bitcoin Online Wallets are great for you, if you want to store a good amount of Bitcoins in a safe place go for Bitcoin Hardware Wallet.

What Bitcoin wallet do you use and what's your opinion regarding some bitcoins wallets?


Hi there,

which is the best bitcoin wallet do you guys use?
Do you just have it physically printed out, do you use some online services or do you use one of the physical encrypted hardware solutions such as Keepkey or TREZOR?

 

[Margery]

Another that we should take into account is Bitcoin core which is also very safe, but this occupies a large space on the computer because you must download all the Bitcoin transaction record among others, but I also use it and I like it a lot, although this I think is more for users a little more advanced.

It is used to store cryptocurrencies without an internet connection. This is one of the safest ways to store cryptocurrencies since the data is stored on a disconnected device. Although, if you are using a cold wallet, you will need to fully download the blockchain in order to validate transactions.

 

[Riberet19]

It is used to store cryptocurrencies without an internet connection. This is one of the safest ways to store cryptocurrencies since the data is stored on a disconnected device. Although, if you are using a cold wallet, you will need to fully download the blockchain in order to validate transactions.

It is better to use this type of wallet if what you reward is security over accessibility or rather on a better interface or more functionalities, for example Bitcoin core does not have many functionalities but it is one of the safest of all as well as electrum.

 

[Margery]

The hiba Inu Doge is a very popular ecosystem emblem and many want it to grow. In order to achieve growth, it is necessary to promote the project, tell others about it and attract new participants. In order to ensure the reliability and strength of the ecosystem, it is also necessary to conduct an audit process and test smart contracts before implementation.

 

[Riberet19]

The hiba Inu Doge is a very popular ecosystem emblem and many want it to grow. In order to achieve growth, it is necessary to promote the project, tell others about it and attract new participants. In order to ensure the reliability and strength of the ecosystem, it is also necessary to conduct an audit process and test smart contracts before implementation.

Yes, also innovation or changes in the ecosystem can attract new investors or make others interested in the project, as could even be my case if this happens, that is, any positive step it takes I will be happybecause it will be good for the whole crypto ecosystem in general.

 

[Margery]

Innovations and changes in the ecosystem can help attract new investors and interest others in the project. One way to do this is to present innovations and changes through interactive demos or presentations to potential partners. You can also offer partners beta testing of innovations or products, as well as other attractive opportunities, such as loyalty programs.

 

[HMMY1]

You can use Coinbase, Xapo and other Bitcoin wallets available there. But I am using coins.ph but it was only available in our country. There might be a version of it on other countries. I only use coins.ph because it is easy to use and they offer other services.

Although there are many wallets for the story of bitcoin, but many of them are involved in the side of which
can protect your digital assets by taking them offline and harboring your crypto in a digital wallet.COLD STOEAGE is a best Since these digital wallets aren't connected to the internet, they're less susceptible to hacks.

 

[Bango]

Well, obviously, if security is very important to you, the best wallet is Hardware Wallets. But not everyone has access to these wallets and many prefer to use online wallets. Among online wallets, I prefer Atomic over all

 

[BusyCat]

Well, obviously, if security is very important to you, the best wallet is Hardware Wallets. But not everyone has access to these wallets and many prefer to use online wallets. Among online wallets, I prefer Atomic over all

Core wallets are good as well , example bitcoin core wallet or Litecoin core wallet. The user holds the private key and there is no external or third party involved in such wallets. Hardware wallets are not free to use I reckon but they are the safest option than another other type of wallets.

 

[Margery]

The best hardware wallets for storing cryptocurrencies are Ledger Nano X, Trezor Model T, CoolWallet Pro, KeepKey, Ellipal Titan and so on. All of these wallets provide a high level of security through multi-level encryption and secure storage of digital assets. They also offer convenience, with easy-to-use interfaces and support for a wide range of cryptocurrencies. Each wallet also comes with a range of features and options, so you can choose the one that best suits your needs.

 

[Riberet19]

Well, obviously, if security is very important to you, the best wallet is Hardware Wallets. But not everyone has access to these wallets and many prefer to use online wallets. Among online wallets, I prefer Atomic over all

Yes, you are right, but well they are not so excessively expensive I think there are some ledgers for $ 65, I understand that this in certain countries can be a lot of money, but I think it is still acceptable.

 

[Bango]

Yes, you are right, but well they are not so excessively expensive I think there are some ledgers for $ 65, I understand that this in certain countries can be a lot of money, but I think it is still acceptable.

Yes, many people buy from them in tier 3 countries and it is not strange. It is more useful for people who have a lot of property. For example, it is not suitable for me that I currently only have 100 dollars in my wallet. A secure online wallet like Atomic also works for me. Of course, let's not forget that hardware wallets can also be stolen, and online wallets are sometimes better. It depends on the needs of the person. So far, 4 million bitcoins have been lost in this way (official statistics).

 

[Riberet19]

Yes, many people buy from them in tier 3 countries and it is not strange. It is more useful for people who have a lot of property. For example, it is not suitable for me that I currently only have 100 dollars in my wallet. A secure online wallet like Atomic also works for me. Of course, let's not forget that hardware wallets can also be stolen, and online wallets are sometimes better. It depends on the needs of the person. So far, 4 million bitcoins have been lost in this way (official statistics).

Also as I said other times in this forum depends a lot on how much money you have in the wallet, as you say you have about $ 100 maybe it is not profitable to buy a hardware wallet for you yet, I think that if you have more than $ 1000 in cryptography you should think about a hardware wallet to keep your funds safe there.

 

[Bango]

Also as I said other times in this forum depends a lot on how much money you have in the wallet, as you say you have about $ 100 maybe it is not profitable to buy a hardware wallet for you yet, I think that if you have more than $ 1000 in cryptography you should think about a hardware wallet to keep your funds safe there.

Yes, more than 1000 dollars it is necessary that you have the most secure wallet. But it should be considered that the backups are also written in a safe place. For example, they should not be stored in a laptop or mobile phone, and these backups should not be available to anyone. Keeping digital currencies has its own challenges and it is not like leaving our money safely in the bank. That's why I don't keep more than $100

 

[Margery]

Hardware wallets can be stolen, but their advantage is that they can provide more security for your data. Online wallets have their advantages in speed and ease of use, as well as ease of transferring money. However, online wallets have disadvantages, namely the possibility of hacking and data loss. To be safe, use both hardware and online wallets to get the best protection.

 

[Riberet19]

Hardware wallets can be stolen, but their advantage is that they can provide more security for your data. Online wallets have their advantages in speed and ease of use, as well as ease of transferring money. However, online wallets have disadvantages, namely the possibility of hacking and data loss. To be safe, use both hardware and online wallets to get the best protection.

It can be stolen, but in fact, if you do not have the private keys it will be of little use to thieves to have it, it would be like having a useless device which they can not access.

 

[Margery]

It can be stolen, but in fact, if you do not have the private keys it will be of little use to thieves to have it, it would be like having a useless device which they can not access.

Here is not the wallet itself, but the funds. They launch a Trojan and steal money when the user enters the wallet with the Internet connected and if there is a virus on the computer. There were also such cases. You can read about them on specialized forums.

 

[Degov]

The Bitcoin transformation is fantastic, but it was poorly implemented because the people behind everything capitulated and allowed traders to take control. No matter what, I'll take birth control and enter the system.

 

[Margery]

The bitcoin transformation is a powerful technological breakthrough that offers many opportunities to change the way people spend, receive and transfer money, as well as work and do business.

 

[Riberet19]

Here is not the wallet itself, but the funds. They launch a Trojan and steal money when the user enters the wallet with the Internet connected and if there is a virus on the computer. There were also such cases. You can read about them on specialized forums.

ah you say directly from the wallet, I thought you were talking about stealing the hardware, okay I understand, yes I had heard something about it, but in my case every day I analyze my computer to be calm, but all protection is little, I think in these cases it is better to keep your mouth quiet.

 

[Margery]

ah you say directly from the wallet, I thought you were talking about stealing the hardware, okay I understand, yes I had heard something about it, but in my case every day I analyze my computer to be calm, but all protection is little, I think in these cases it is better to keep your mouth quiet.

It's better to be silent. And activate it, such a hardware wallet on a computer or laptop that does not have an Internet connection. It's more reliable. You transfer as much as you need to another wallet, which is cold on the same device. Then connect to the Internet and withdraw your funds. I agree that it is long and difficult, but it is more reliable.