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hexwin

Bitcoin wallets

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4 minutes ago, Consignee said:

Sounds cool, I hope we will not see another version of Bittttcooooonnnnecttttt!

This kind of wallet or whatever you say it which offer interest, will certainly one day get run out because when there will be a significant price change, they will get trouble to be stable.

Nexo makes profit as they offer their users a credit line against their crypto holdings. If you choose to take a credit you pay between 8-12% p.a. Interest. That is how they are able to pay interest to hodlers and offer a no fee policy

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Just now, clarityfund said:

Nexo makes profit as they offer their users a credit line against their crypto holdings. If you choose to take a credit you pay between 8-12% p.a. Interest. That is how they are able to pay interest to hodlers and offer a no fee policy

Make sure someday they will not run away with the money you are giving them to hold. Really guys, please do not get greedy. Not your keys not your coins.

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Just now, clarityfund said:

Nexo makes profit as they offer their users a credit line against their crypto holdings. If you choose to take a credit you pay between 8-12% p.a. Interest. That is how they are able to pay interest to hodlers and offer a no fee policy

It's very similar as lending platform, I think you should not use it as wallet. You must be aware of the possible risk, we have seen it earlier, right?

Now it's up to you. I would not bother putting a single penny there.

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Electrum is my preferred bitcoin wallet, I don't want to download the whole chain as I don't have space anymore because it's consuming a huge size to my disk.

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I have Ledger Nano for years, and that`s my only bitcoin wallet and I don`t plan to change it. If you have more money in crypto you need to think about buying some trusted wallet. It can be expensive, but it`s one time expense that will secure your funds for years. 

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25 хвилин тому Iv4n сказав:

Я маю Ledger Nano роками, і це мій єдиний біткойн-гаманець, і я не планую його міняти. Якщо у вас є більше грошей в криптовалюті, вам потрібно подумати про придбання надійного гаманця. Це може бути дорого, але це разова витрата, яка забезпечить ваші кошти роками. 

Also a good option for storing coins. When ordering such a wallet it is necessary to be careful and careful that the whole, packed purse with a protective tape comes to you. And it is still interesting what is the life of the wallet and whether it can break?

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13 hours ago, clarityfund said:

I am mostly using Nexo.io wallet for my regular transactions as they don’t charge any withdrawal fees and are planing to pay interest on your crypto balance. Also there will be a debit card in the near future 🙂

Yes, in my opinion it just depends on the user's convenience and we also need to know the important security for all bitcoin wallet menhindaei lose your money


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12 hours ago, magical956 said:

Electrum is my preferred bitcoin wallet, I don't want to download the whole chain as I don't have space anymore because it's consuming a huge size to my disk.

Yeah I realized lately that the entire chain are hosted in their server. It ease the task for client site.

 

36 minutes ago, Iv4n said:

I have Ledger Nano for years, and that`s my only bitcoin wallet and I don`t plan to change it.

Trust me you will be changing it once you will get used to with multisig wallet. I also have a nano wallet and been using it since they launched but I do not use it anymore for storing bitcoin. I use it to store other coins by the way.

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14 hours ago, xBDT Script said:

I think you are correct. There must have some connection with the full node and the servers are the only logical option.

 

I really do not have much idea about those alts. 😊

 

Well what do you think about a multiSig wallet?

I heard this in Epic cash, but never seen where it is for Bitcoin wallet. Did you ever used Multisig wallet and if so how is the security?


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Just now, cryptosix said:

I heard this in Epic cash, but never seen where it is for Bitcoin wallet. Did you ever used Multisig wallet and if so how is the security?

I have never made use of Multsig wallets, I prefer using single wallet or with a sole private key. The purpose of multisig wallet is to hold funds for a project or an organization.

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14 hours ago, clarityfund said:

I am mostly using Nexo.io wallet for my regular transactions as they don’t charge any withdrawal fees and are planing to pay interest on your crypto balance. Also there will be a debit card in the near future 🙂

Is this something like online wallet, where you do not hold your private keys?
Maybe I am wrong, but I dont have much information about Nexo wallet

I would not recommend using that for holding Bitcoin.

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27 minutes ago, cryptosix said:

I heard this in Epic cash, but never seen where it is for Bitcoin wallet. Did you ever used Multisig wallet and if so how is the security?

Well like I said ever since I started to use MultiSig wallet I am not using my Ledger Nano S anymore. I am sure you will too if you know how to do it.

I basically use a 2 / 2 multi sig wallet and both keys are in two separate computer.

Check this tutorial: https://bitcoinelectrum.com/creating-a-multisig-wallet/

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15 minutes ago, xBDT Script said:

Well like I said ever since I started to use MultiSig wallet I am not using my Ledger Nano S anymore. I am sure you will too if you know how to do it.

I basically use a 2 / 2 multi sig wallet and both keys are in two separate computer.

Check this tutorial: https://bitcoinelectrum.com/creating-a-multisig-wallet/

I am not sure using multisig is the best way to keep your Bitcoin if you are a single owner.
It is mainly used when more people are sharing one Bitcoin wallet like in companies,
or some thing similar like this, where one person can't steal coins

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2 minutes ago, hexwin said:

I am not sure using multisig is the best way to keep your Bitcoin if you are a single owner.

Well think it this way,

You have a 2/2 multiSig wallet.

One key stored in one PC 

Another key stored in another PC

If anyone wants to take the funds from you then they need to have access of both the pcs. Even you can not broadcast a tx using a single PC.

Does it sounds very easy?

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5 minutes ago, xBDT Script said:

Well think it this way,

You have a 2/2 multiSig wallet.

One key stored in one PC 

Another key stored in another PC

If anyone wants to take the funds from you then they need to have access of both the pcs. Even you can not broadcast a tx using a single PC.

Does it sounds very easy?

I understand the concept and how multisig works,

but you could do the same thing if you keep Seed words in separate places or vaults.

There is also no risk in some of your computers and hard disk getting broken,

and you are again the one who is holding all private keys for both PCs in case of multisig.

It is invented for multiple people on different places in earth.

 

Edited by hexwin

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1 minute ago, hexwin said:

but you could do the same thing if you keep Seed words in separate places or vaults.

Possible Issue one a standard wallet:

# By any chance if I get attacked by phishing client then I have risk to lose my funds. With a multiSig I am safe.

# Copy paste malware can be easily planted and get tricked with a standard wallet. With a multiSig I have good amount of time to check. I will see it easily when I will go for signing from the 2nd key.

There are more but I think these two makes me convinced to use multiSig wallet.

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6 minutes ago, xBDT Script said:

Possible Issue one a standard wallet:

# By any chance if I get attacked by phishing client then I have risk to lose my funds. With a multiSig I am safe.

# Copy paste malware can be easily planted and get tricked with a standard wallet. With a multiSig I have good amount of time to check. I will see it easily when I will go for signing from the 2nd key.

There are more but I think these two makes me convinced to use multiSig wallet.

I know there are advantages, but there are also some disadvantages,
and you can not claim easily claim some future forks and free coins you would get with normal wallet.

 

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17 minutes ago, hexwin said:

and you can not claim easily claim some future forks and free coins you would get with normal wallet.

Yeah I get it. The thing is I am not after those forked shit coins LOL. I am happy with my holding and the security I feel with multiSig.

There are always another way, if I see a fork is coming then I can simply move my funds to a standard wallet, if I really need to claim them of course. 

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Just now, xBDT Script said:

Yeah I get it. The thing is I am not after those forked shit coins LOL. I am happy with my holding and the security I feel with multiSig.

There are always another way, if I see a fork is coming then I can simply move my funds to a standard wallet, if I really need to claim them of course. 

Yes you can move them to standard wallet. For example, I think you can simply generate new address in Electrum and move your coins there until snapshot, and then create new multisig.
HEX coin will not support multisig, but you also don't need to to anything else but to sign-a-message from your electrum, prove you own the keys and claim free HEX (in your eth address).  1 btc will give 12,000 coins that will be autostacked and locked for 1 year.  Cool thing you should not miss 😉

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5 minutes ago, hexwin said:

Yes you can move them to standard wallet. For example, I think you can simply generate new address in Electrum and move your coins there until snapshot, and then create new multisig.

Easy job to do 😊

5 minutes ago, hexwin said:

HEX coin will not support multisig, but you also don't need to to anything else but to sign-a-message from your electrum, prove you own the keys and claim free HEX (in your eth address).  1 btc will give 12,000 coins that will be autostacked and locked for 1 year.  Cool thing you should not miss 😉

Ah! Hex coin LOL

You know I am not into Altcoins much 😃

Whatever I invested long ago are in 95%+ in lose. I invested 80% of my BTC. DAMN it!

I am okay with ETH and NEO at the moment with my BTC. No HEX 😆

Thank you 😊

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5 minutes ago, xBDT Script said:

Easy job to do 😊

Ah! Hex coin LOL

You know I am not into Altcoins much 😃

Whatever I invested long ago are in 95%+ in lose. I invested 80% of my BTC. DAMN it!

I am okay with ETH and NEO at the moment with my BTC. No HEX 😆

Thank you 😊

Bro I have 90% Bitcoin, rest is Ethereum.

I almost dont have any shitcoins, and I don't care about them.

I do play with some of them when I see potential for profit, that only helped me to grown my BTC.

HEX will be FREE to claim, so I am not missing that offer 😉

 

Edited by hexwin

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12 minutes ago, hexwin said:

HEX will be FREE to claim, so I am not missing that offer 😉

Is this a kind of fork or what?

Free coin is always good LOL

Thing is, I never looked at it even thought I have been seeing in your signature from the beginning. 

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5 minutes ago, xBDT Script said:

Is this a kind of fork or what?

Free coin is always good LOL

Thing is, I never looked at it even thought I have been seeing in your signature from the beginning. 

Cool idea of first Blockchain Certificate of Deposit.

Richard Heart team is making it and we the Bitcoin holders are getting FREE coins in November. (including with all unclaimed coins later)

I like most that we dont need to expose our private keys or anything else, just sing-a-message.

Ledger and Electrum wallets are supported.

I wrote more about it in ANN topic

 

Edited by hexwin

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I used lots wallet for btc and other cryptos. Some wallet's fee are too and some are less. The best erc20 wallet is My ether Wallet. For etherum and other erc20 coins I recommend you to use MEW, It is the best wallet for them. Fot btc purpose I recommend you to use Coinbase only. 


Brave browser is the most secured and safest browser ever made for only the crypto traders. Who want to keep safe and love the best security in Crypto should use the brave browser only.

Download source:

https://brave.com/zbm957

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3 minutes ago, hexwin said:

Cool idea of first Blockchain Certificate of Deposit.

Richard Heart team is making it and we the Bitcoin holders are getting FREE coins in November.

I like most that we dont need to expose our private keys or anything else, just sing-a-message.

Ledger and Electrum wallets are supported.

I wrote more about it in ANN topic

I see. It make sense. May be I will have a look in it later. Thanks. 

By the way, anyone can buy too if they want. if I am not wrong to understand from the quick scan I had.

1 minute ago, rajib7970 said:

The best erc20 wallet is My ether Wallet.

We are talking about bitcoin wallet here 😊

Edited by xBDT Script

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