Best Cryptocurrency Wallet/Apps

in #steem8 years ago (edited)

If you start with #Bitcoin or with #cryptocurrency in general you will soon ask yourself, what type of wallet should I use.

So here are a few Tips:

1. Only Invest that much money you are willing too lose if you start with bitcoin and don't know what you are doing exactly. (The more money/bitcoin you have, the more you should read and know before investing in cryptocurrency.)

2. Be your own bank. That means, only use a wallets that give you the control over your private keys. For example I would only use Coinbase (or other services like this) to buy bitcoin and then transfer it to my main wallet were I am in control over my private keys because some online services (Coinbase) are are like a bank and they have the full control over money. 

3. The more money you have, the more you should worry about security. That means, if you only have 1 bitcoin it would be an overkill to have trezor (one of the coolest hardware wallets out there but i cost around 100$).

4. You don't need to stay at one wallet, try them all, play around or use them all together.

5. Always make a backup of your wallet.

For me I use the Ledgerwallet as my main wallet. It is a hardware wallet which is pretty nice and secure for a low price.

 

Small amount of money I have on my phone for me that are the best wallets on #iOS #Android:

1. Breadwallet (iOS for me the only Bitcoin wallet for my #iPhone)

2. Mycelium (a great wallet for android and it support the #Ledger so you could use it with an OTG on you phone.)

3. If you several diffrent coins I would use coinomi.

4. And if you just need an easy to use bitcoin wallet on you phone try the Bitcoin Wallet it has everything you need to start with Bitcoin.

But of course there are several other wallets, but for me, that are the wallets I trust and they are all easy to use. Of course you could print out a paper wallet, or use one of the online Wallets but for me is having a small of money on my phone and the rest on a hardware wallet the easiest ways of having Bitcoin. And since I am in control of the private key I can restore my wallets If I need too.

And at the end some useful tools for bitcoin

1. Shapeshift.io once you have some bitcoin, you can trade it into other coins via that site/app

2. Blockfolio to keep track of all your coins:)

3. Of course the steemit App

4. Coincap.io for seeing all the coins and there market value

5. Bitcoin Balance is a great little app to check the balance of an address. 


Have you something useful about cryptocurrency or bitcoin, leave a comment.

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Thank you I did not about hardware wallets, so much to learn. Thanks

I use Bitcoin now since over 5 years and even I don't understand half of it :) Because it gets really complex once you getting behind that normal user level.

Thanks im just starting out with cryptocurrencies and have a bittrex account gor trading and a coinbase for buying.

Hi! Thanks for that post, I just found it.
Currently I buy coins on coinbase and then trade on bittrex.

How does it work if I get an harware wallet ?
Do I have to transfer to bittrex wallets each time I want to trade some, or is it recommended to store some on hardware and keep a bit on bittrex for trading purpose?

Damn, I've been buying and selling for a year now and I'm just tarting to dig really into it, thanks for the info, just what I needed.

I use Jaxx as a hot wallet both on my desktop and my mobile.
Does anyone know of a wallet for steem?
upvoted you, following you, please follow me, too.

Thank you for sharing these apps!

I personally use these apps to keep track of all the data.

Here's another list of apps that I recommend :)

https://beingtricks.com/best-cryptocurrency-apps

We would love to hear your opinion on Cryptonaut.
http://www.cryptonaut.org

I honestly don’t understand how you can recommend black folio while it has received multiple scam reports about leaking user data

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