For security, ease of use, durability over time, there are several wallets available:
- Types of wallets
A wallet secures your coins.
The exchange is not safe, your coins are in danger, "if you don't have your keys, you don't have your bitcoins", don't trust exchanges.
If you think the exchanges are safe, I invite you to visit this thread to convince you otherwise > https://bitcointalk.org/index.php?topic=5090869.0
Never download software or updates on third-party pages.
Some of the most recognized wallets:
- Desktop
- Hardware
- Mobile
My favorite wallet, is the Bitcoin Core desktop wallet, is very easy to use and at the same time, allows you to maintain a Full Node to contribute to the Bitcoin network, in my case it works 24/7 and also because I consider it very safe.
I do not rule out buying a hardware wallet one day, but for the moment not, maybe with the answers of this thread someone manages to convince me, we will see...
>>> Go ahead, what is your favorite wallet and why?
- Types of wallets
- Paper wallet
- Web wallet
- Mobile wallet
- Desktop wallet
- Hardware wallet
A wallet secures your coins.
The exchange is not safe, your coins are in danger, "if you don't have your keys, you don't have your bitcoins", don't trust exchanges.
If you think the exchanges are safe, I invite you to visit this thread to convince you otherwise > https://bitcointalk.org/index.php?topic=5090869.0
Never download software or updates on third-party pages.
Some of the most recognized wallets:
- Desktop
- Bitcoin Core
- Electrum
- Wasabi
- Hardware
- Trezor
- Ledger
- KeepKey
- Coldcard
- Mobile
- Mycelium
- Electrum
My favorite wallet, is the Bitcoin Core desktop wallet, is very easy to use and at the same time, allows you to maintain a Full Node to contribute to the Bitcoin network, in my case it works 24/7 and also because I consider it very safe.
I do not rule out buying a hardware wallet one day, but for the moment not, maybe with the answers of this thread someone manages to convince me, we will see...
>>> Go ahead, what is your favorite wallet and why?
Buterin suggested to consider the new type of wallets called by him "social recovery" ones where funds are protected by guardians - choices to whom you trust. ""The three most common choices are: Other devices (or paper mnemonics) owned by the wallet holder themselves
Friends and family members, Institutions, which would sign a recovery message if they get a confirmation of your phone number or email or perhaps in high value cases verify you personally by video call".
As for now, such social recovery is implemented in two ETH-oriented wallets i.e. Argent and Loopring, but if if this idea gets too hot then the implications will be also significant for BTC wallets.