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OfflineSynKydS
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Current best crypto wallet? * 1
    #26953944 - 09/25/20 08:40 AM (2 months, 16 hours ago)

Just wondering what people are using, was looking at coinbase and some of the stories make me worry.  Thanks!


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Offlinerealitysurf
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Re: Current best crypto wallet? [Re: SynKyd]
    #26953988 - 09/25/20 09:37 AM (2 months, 15 hours ago)

First you gotta know if you want a online wallet (hot wallet) or a hardware wallet (cold wallet). My personal choice for hot wallets is blockchain, and for cold wallets i use ledger devices.


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OfflineSynKydS
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Re: Current best crypto wallet? [Re: realitysurf]
    #26954024 - 09/25/20 10:03 AM (2 months, 15 hours ago)

Looking for iOS wallet(s) to sweep from paper wallets initially, then something secure I can trade with in smaller alt coins and Integrate with a cold storage once I’m rich (lol) And of course send funds for online purchases.

Seems bitcoin.com can handle the sweeps, and green is a solid contender for the online/offline storage combo. Any experience with those on iOS?


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OfflineeLeSDenesS
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Re: Current best crypto wallet? [Re: SynKyd]
    #26958045 - 09/27/20 11:52 PM (1 month, 29 days ago)

look into Ledger Nano S/Ledger Nano X, It is considered as one of the safest wallet and also has an iOS app. Keeping your coins on exchanges is okay if you have small funds but everyone with big money keeps their coins safe in hardware wallets


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OfflineLogicaL ChaosM
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Re: Current best crypto wallet? [Re: SynKyd]
    #26962004 - 09/30/20 02:56 PM (1 month, 26 days ago)

I use Coinbase, never had an issue. Just dont buy sketchy stuff off your Coinbase wallet, which is probably the stories you read about.


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OfflineSynKydS
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Re: Current best crypto wallet? [Re: LogicaL Chaos]
    #26963406 - 10/01/20 09:56 AM (1 month, 25 days ago)

Quote:

LogicaL Chaos said:
I use Coinbase, never had an issue. Just dont buy sketchy stuff off your Coinbase wallet, which is probably the stories you read about.





Dammit, I am doing this for my art supplies.  Is that a red flag?

:goat:


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OfflineDracultivation
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Re: Current best crypto wallet? [Re: LogicaL Chaos]
    #26971146 - 10/05/20 09:20 PM (1 month, 21 days ago)

Quote:

LogicaL Chaos said:
I use Coinbase, never had an issue. Just dont buy sketchy stuff off your Coinbase wallet, which is probably the stories you read about.





I'd also be rather curious in hearing more about this. While I haven't used my crypto-monies in a while (probably over 1.5 years now at this point) I spent a decent amount on different art supplies as well. Though I did route everything through a coin-washing service. Still a problem?


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OfflineSynKydS
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Re: Current best crypto wallet? [Re: Dracultivation]
    #26972971 - 10/06/20 11:52 PM (1 month, 20 days ago)

After a year and a half I think you’re good!


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OfflineeLeSDenesS
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Re: Current best crypto wallet? [Re: SynKyd]
    #26973165 - 10/07/20 05:30 AM (1 month, 19 days ago)

i did buy some stuff from the darker place of the internet with my coinbase account 3 years ago without any vpn bs. Unless you buy silly amounts, they don't give a fuck


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OfflineCharlieWex
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Re: Current best crypto wallet? [Re: SynKyd]
    #27041638 - 11/16/20 07:55 AM (10 days, 16 hours ago)

I was asking the same question. There are several options to create a wallet, you can search on the Internet.


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OfflineJonBa
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Re: Current best crypto wallet? [Re: CharlieWex] * 1
    #27043774 - 11/17/20 02:12 PM (9 days, 10 hours ago)

I'm very new to it but as I understood it the basic minimum is an Electrum wallet downloaded to your PC.

Is a bit of extra cost moving coins from Coinbase to the desktop wallet, but much safer.


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Invisiblesh4d0ws
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Re: Current best crypto wallet? [Re: JonBa]
    #27044045 - 11/17/20 05:19 PM (9 days, 7 hours ago)

if you don't own a ledger electrum is one of the longest running/mantained.... best bitcoin wallet by far


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OfflineSynKydS
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Re: Current best crypto wallet? [Re: sh4d0ws]
    #27046395 - 11/18/20 10:50 PM (8 days, 1 hour ago)

I did more research and bought a ledger nano X and S dual pack deal. Coin base pro for weekly purchases from my bank funds, and move to the hard wallet as soon as possible. :cheers:


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Onlinechibiabos
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Re: Current best crypto wallet? [Re: SynKyd]
    #27050095 - 11/21/20 11:08 AM (5 days, 13 hours ago)

Depends on why you want to buy crypto I guess.  A cold storage wallet like a Trezor or Ledger is probably best if you want to invest over the long term but a software wallet is fine if you just need to use it to make purchases.  Do many darknet markets still even take things like bitcoin now though?  I thought they were into monero these days.

You definitely should not be using any online wallets that you do not own though.


Edited by chibiabos (11/21/20 11:18 AM)


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OfflineJonBa
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Re: Current best crypto wallet? [Re: chibiabos]
    #27050124 - 11/21/20 11:23 AM (5 days, 13 hours ago)

Quote:

chibiabos said:
Depends on why you want to buy crypto I guess.  A cold storage wallet like a Trezor or Ledger is probably best if you want to invest over the long term but a software wallet is fine if you just need to use it to make purchases.  Do many darknet markets still even take things like bitcoin now though?  I thought they were into monero these days.

You definitely should not be using any online wallets that you do not own though.




Bitcoin is still ubiquitous, but Monero is encouraged. I doubt it will unseat Bitcoin until it is supported by Coinbase though.


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Re: Current best crypto wallet? [Re: JonBa]
    #27050163 - 11/21/20 11:46 AM (5 days, 12 hours ago)

Quote:

JonBa said:
Quote:

chibiabos said:
Depends on why you want to buy crypto I guess.  A cold storage wallet like a Trezor or Ledger is probably best if you want to invest over the long term but a software wallet is fine if you just need to use it to make purchases.  Do many darknet markets still even take things like bitcoin now though?  I thought they were into monero these days.

You definitely should not be using any online wallets that you do not own though.




Bitcoin is still ubiquitous, but Monero is encouraged. I doubt it will unseat Bitcoin until it is supported by Coinbase though.



Unseat in what sense?  I thought that monero was basically just used on account of the fact that people were paranoid about blockchain analysis.  Bitcoin seems like it's a way safer long term investment.  It actually might not be a terrible idea to just put money into a BTC hardware wallet the same way that you'd put it into an index fund, though I guess that an index fund is way less likely to lose money over time.


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OfflineJonBa
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Re: Current best crypto wallet? [Re: chibiabos]
    #27050237 - 11/21/20 12:23 PM (5 days, 12 hours ago)

Quote:

chibiabos said:
Quote:

JonBa said:
Quote:

chibiabos said:
Depends on why you want to buy crypto I guess.  A cold storage wallet like a Trezor or Ledger is probably best if you want to invest over the long term but a software wallet is fine if you just need to use it to make purchases.  Do many darknet markets still even take things like bitcoin now though?  I thought they were into monero these days.

You definitely should not be using any online wallets that you do not own though.




Bitcoin is still ubiquitous, but Monero is encouraged. I doubt it will unseat Bitcoin until it is supported by Coinbase though.



Unseat in what sense?  I thought that monero was basically just used on account of the fact that people were paranoid about blockchain analysis.  Bitcoin seems like it's a way safer long term investment.  It actually might not be a terrible idea to just put money into a BTC hardware wallet the same way that you'd put it into an index fund, though I guess that an index fund is way less likely to lose money over time.



Unseat in terms of being the standard currency for DNMs.


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OfflineCharlieWex
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Re: Current best crypto wallet? [Re: JonBa]
    #27054985 - 11/24/20 08:44 AM (2 days, 15 hours ago)

Opinions were divided and I will also tell you my point of view. I support the above mentioned thing that Bitcoin is leading the way and I would like to add that the future is in crypto currency. Naturally, cash will be left without it, but soon this need for cash will disappear even more. As for online wallets, I would disagree, it is a very convenient method. As you probably already know, these wallets are called hot wallets. A hot wallet needs constant access to the network to perform operations. They are more mobile and are better suited for everyday use of cryptovite. I personally use this wallet https://bitcoinofficial.org/ and I can say from my experience that it is really very convenient. The most important thing is that your money is always under control and available at any time.


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