Author Topic: Bitcoin Wallet  (Read 3736 times)

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Offline WalkerTopic starter

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Bitcoin Wallet
« on: March 18, 2017, 09:27:48 PM »

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Not sure where to ask this so I thought I might as well try here. of the list of bitcoin wallets provided which one would all of you recommend as being the best web based one? Thanks!

Offline KenJackson

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Re: Bitcoin Wallet
« Reply #1 on: April 11, 2017, 03:20:44 PM »
I'm still researching this topic too.  Why do you ask for a "web based" wallet?  Do you mean you want to store your bitcoins under the control of someone else?  You can leave them in the exchange where you buy them, like [censored].com, but people point out that that's dangerous.  People who left their coins stored at the MtGox exchange lost them when criminals broke into that site and stole them.

The only wallet software that is available in the FedoraLinux (getfedora.org) repositories is electrum (electrum.org), so I use that.  I could download others, and I intend to investigate others, but electrum seems good enough for now.

There is also the concept of a paper wallet, like you generate with bitaddress.org, but I haven't become comfortable with that yet.

Offline brethheaden

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Re: Bitcoin Wallet
« Reply #2 on: April 11, 2017, 05:39:42 PM »
First of all, know the fact that Bitcoin wallets are used to store the private keys. These keys are used to access/decrypt the Bitcoin addresses for transactions. Now the question is; how much security you need for the keys. Online wallets are good but you will have to be very cautious for malware and trojans on the computers and in the web browsers. There are many who hijack browsers. If your logins are compromised, you will be in deep trouble. That's is why offline wallets are considered more secure. Once you review these facts, it will be easy for you to decide what wallet provider is good for you.

Offline K@Simm

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Re: Bitcoin Wallet
« Reply #3 on: April 13, 2017, 08:43:22 AM »
Hi guys! First of all if you haven't already gotten a desktop wallet I recommend you do that. These are the safest wallets. I personally use Electrum because it is lightweight and fast, but it's up to you to choose. But of course if you want to diverse and use a web wallet, there are a lot of different ones. It all depends on what you want to do with it. Some of them don't support a number of countries (you can create a wallet there but the debit card won't be available in some countries). Also keep in mind different card options (plastic or virtual, currency, fees, limits, etc). If you need a wallet for your business you should research their APIs. So far there are [censored], xapo, wirex, epayments, coinsbank, have a look and deside what is best for you. I, myself, am still looking for a suitable wallet. But I also have few among abovementioned.

 

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