Post
Topic
Board Bitcoin Discussion
Re: Offline Wallets Vs Online Wallets
by
WOW4U
on 12/10/2017, 08:31:28 UTC
I use online wallets, offline ones seem too much hassle for me, moreover I only have a very small amount of BTC that I don't have to be afraid of losing.

I also use online wallets because the process is very easy, I think the online wallet is safer than the wallet ofline. if we send bitcoin from our wallet to another wallet online then it is very easy process of delivery.

Online wallets are are unsafe for a large amount of Bitcoin. The best cold storage is hardware wallets. Most of my holdings are easily traced since it came almost entirely from coinbase.
Offline wallets are safer as compared to online one as online world through internet and there are worms of deep we sitting on other end to hack that to take your money away whereas in offline wallet no one can hack it because of security protocols and this will be safer to use so use it to avoid any of risk to your future happy life.

Well for me online wallets are better your private key is stored on their servers. Locally stored wallets can easily be hacked with a wallet stealer this happens when you download unsafe things.

The hacker then steals your private key or it can upload the wallet to their computer. This is from them so easy.