Post
Topic
Board Bitcoin Discussion
Re: THE BEST BITCOIN WALLET
by
NaXxow
on 05/06/2017, 12:25:45 UTC
For a Filipino like me, coins.ph is the only wallet that suits for any bitcoin users in Philippines, it converts bitcoin into fiat then can withdraw it at atm even without a card, and most of all supported by many products and companies.
That is a good choice to use in a daily basis for payments and otber stuff like recharging your phone.
But you shouldn't store all your Bitcoins in a online wallet because there is always the risk of losing all your coins in case of a security breach. I suggest you to leave low amounts of BTC to spend when you need, and store the majority of your coins in a wallet like Electrum or Mycelium just for safety.

Point taken, having a different addresses will make my coins more secure, one of the moderator of this forum already told me that there is a possibility of web wallets closing down for a certain reasons, every web wallets are dangerous tho.

this coins.ph has a good feature of directly converting BTC into Peso or Peso into BTC and cashing out real money with so much options. But I gues there are some laws that prohibited large amount of money to avoid money laundering, I guess. I do hope there is something similar with in USD.