Post
Topic
Board Web Wallets
Re: Which online wallet for bitcoin is safer?
by
mayo2u
on 30/11/2017, 14:22:36 UTC



Here we go again:
- https://blog.[Suspicious link removed]/2015/05/28/android-wallet-security-update/
- https://themerkle.com/poorly-generated-addresses-cause-blockchain-info-customers-btc-loss/

Yeah, there's probably more. I don't have time to find it out. You shouldn't be putting any amount of money into something that you can't secure fully. If you are going to store coins, you don't want to lose a single cent right? Blockchain.info is NOT a safe wallet by their previous track record and I don't see why any alternatives would be anything worse than that. Stop recommending Blockchain.info to newbies.


Hardware wallets are not a necessity. The main thing you need is a computer free of any malware and a desktop wallet. Electrum would be the best lightweight wallet.

I couldn't agree more. Blockchain.info is NOT a safe wallet. Anybody investing into Bitcoin and crypto in general needs to understand wallets. It takes 4+ days between the time you start opening an account on a trading platform and the time your bank account is verified and the funds transferred up and available for distribution (here in the US). Newbies need to spend that time reading up on wallets; installing them on their computers and phones; and getting used to the interface.

Blockchain.info has it's place (I suppose) but certainly not as the primary wallet for ones cryptocurrency.