Post
Topic
Board Bitcoin Discussion
Re: Best wallet for cold storage
by
GenTarkin
on 22/07/2015, 19:18:46 UTC
Hi,
I'm going to save some Bitcoins for the future. Which is the safest way to store them?
I was thinking about a wallet on a usb flash drive. Which wallet should I choose?

Thank you

It depends on how many Bitcoins you're planning on saving. If they're upto 10 then I think Offline electrum wallet with it's seed stored somewhere safe will do or laminated Paper wallets and keys put on encrypted pen drives for extra security would be ok but if you're planning to store more than that then a Hardware wallet like Trezor might be best for you.

not sure why a trezor would be higher security than offline electrum.

The security is probably close to the same, the advantage w/ the trezor is you can use it as a hot wallet but have the security of a cold wallet. Heck, I use my trezor w/ mycelium on android phone. Theres nothing like being able to spend on the go w/ the security of a cold storage wallet =)