Category : Wallet

Bitcoin Cryptocurrency Guide Wallet

How To Store Bitcoin? Storing Cryptocurrency Safely

How To Store Bitcoin_Storing Cryptocurrency Safely

The evidence to the value of cryptocurrency and the success is the estimated value of $13,249 achieved by bitcoin on December 17, 2017.Having this value of cryptocurrency and bitcoin, in particular, has got masses attention to the malicious purpose behind them.

Since 2011, there have been 35+ heists of cryptocurrency exchanges, resulting in the loss of 980,000 Bitcoins, valued at more than $4 billion. Hackers, cybercriminals, web stalkers, and fraudsters are trying to weaken the havoc in the cryptocurrency market, by stealing coins and cryptocurrency from the user who fails to safeguard them.

 

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Bitcoin Guide Wallet

What Is Hybrid Wallet? About Bitcoin Wallet

What Is Hybrid Wallet

The Hybrid wallet is an online account with the external-supplier where bitcoins are saved. This wallet will keep the record of your online accounts on money trade Markets; online Services and with web-based business transaction processors. This wallet enables you to send and get Bitcoins simply. You will also be required the Bitcoin private key to send cash is encoded in your program before it achieves our servers. Hybrid wallets, utilize JavaScript in the client’s program to manage private keys and create payments.

Using digital currency is more fun! Use the below link to buy your first bitcoin safely and get $10 extra in to your account. If you buy bitcoin for $100, you get $110 worth of bitcoin. Buy Bitcoin

Safe, Secure Bitcoin Storage

When you will have the wallet you can easily invest and borrow the digital currency, which is also accepted around the world and used for trading that is Bitcoin and can save the trading record on your wallet page, it has many advantages let me disclose some of them:

  • Some Bitcoin clients store their bitcoins in a website based Hybrid wallet to abstain from worrying about keeping his/her local wallet secure.
  • Utilization of a website based wallet supplier may help enhance secrecy against outsiders who watch your IP address utilization.
  • With the Hybrid wallet, a few of the services offer seconds for transfer. This enables exchanges to finish without waiting for the blocking confirmations.
  • Withdrawals can be made to any Bitcoin address. Just utilizing the withdrawal feature to withdraw the bitcoins to an address that is not yours; is practically equal to sending a payment of Bitcoin when running the Bitcoin customer locally.

Choosing A Hybrid Wallet

If you want to have strong experience of trading of Bitcoins and with the most secure Hybrid Wallet then; visit strongcoin.com Login there, and let you have it. This site is serving thousands of people since 2011. You can also purchase the bitcoins and save them directly to your StrongCoin account. There are the majority of people have trusted this site; you must also secure your data there.

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Bitcoin Cryptocurrency Review Wallet

GreenAddress Bitcoin Wallet – Bitcoin Wallet Review

GreenAddress-Bitcoin-Wallet-Review

Yet Another Bitcoin Wallet Review by CoinsIQ

One of the main problems of using Bitcoins is that you are responsible for the safety of your own currency. That is not a centralized security mechanism. That is why you have to always take the extra steps; in order to ensure that you are able to secure the Bitcoins which you own. Moreover, whenever you are choosing the wallets in order to store the Bitcoins; you have to choose them pretty carefully as well.

Different wallets offer different security features. You have to find out which of the features are more important for you. Accordingly, you would choose the electronic wallet. Moreover, when it comes to the Bitcoin wallets; you can choose between the hardware wallets as well as the electronic wallet. You have to look into all of these points and thereafter only you would be able to choose the wallet which is the perfect option for you.

One name which you would often hear about; when it comes to the electronic wallet for Bitcoins is the GreenAddress wallet. If you’re hearing about this wallet for the 1st time; today we would not only debut it but also explain what exactly this wallet is and how you can use it on a consistent basis in order to keep your Bitcoins secure and safe.

GreenAddress-Bitcoin-Wallet-Review

What is GreenAddress wallet?

GreenAddress Bitcoin wallet is an electronic wallet which can keep your Bitcoins completely safe as it is a host of different security features. It also provides you with the 2FA authentication as well. Moreover, it provides you with instant Bitcoin transaction capability. Thus, you would not have to wait for a longer period of time in order to complete the transactions as well. At the same point of time, you need to understand that it provides you with the log of the entire transaction history as well. This makes it much easier for you to view any of the transactions which you have done in the past as well.

Ease of Use

In order to conduct any transactions, 2 keys would be needed. One of the keys is present with the user of the wallet and another key is present with the wallet company that is GreenAddress. One thing however which you have to keep in mind is that you need to take the backup of the keys as well. In between, when the site goes down due to high load, you would have the keys with you which would keep your Bitcoins entirely secure. That is why it is always a better idea to have the keys with you.

As you can see, there is plenty of security features employed by the GreenAddress which makes it much more secure as compared to some of the other electronic Bitcoin wallets.

GreenAddress – Features:

We would now go into some of the features of this wallet in order to help you better understand why you should opt for this wallet rather than some of the others.

  1. Robust security features:

If you’re looking into the security features of this wallet, you would realize that they are much more advanced as compared to some of the other wallet options. The 2 factors security authentication is just one of the 4 security types which are used in the wallet. Thus you can be sure that the security which is incorporated is pretty robust.

  1. Permanent payment address:

Instead of always having a new Bitcoin wallet ID, you have a single permanent address as well. Thus, whenever you want to post that publicly, you need to do is to take the permanent wallet ID and you can post it publicly and receive continuous payments as well. This would make it much easier for you to use the wallet whenever you want. You can even use it for regular buying and selling of Bitcoins as well.

  1. Cross-platform compatibility:

This wallet is not just limited to the smartphones. It can run on the smartphones as well as computers. That is why, the device on which you use it, is entirely up to you. This makes it much easier for you to use the wallet as and when you want. You can even switch between the devices while using the wallet. This ensures that you have to just log into the newer device and you would be able to use it again. Thus, you are not restricted to any kind of devices.

  1. Open source wallet:

The technology behind this wallet is entirely open source. This ensures that more and more development is possible. In fact, there are a wide variety of developers which are currently working for the development of this wallet and to increase the security features to the next level. This ensures that you do not have to worry about security at any point in time whenever you are opting for this particular wallet.

GreenAddress: Wallet setup via Chrome App from GitHub

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Bitcoin Review Wallet

Samourai – Bitcoin Wallet Review

Samourai_Bitcoin_Wallet_Review

Another bitcoin wallet review by CoinsIQ

Bitcoin wallets these days are available in plenty. The problem is that most of these wallets are not secure. Most of the Bitcoin wallet companies do not take proactive steps in order to make them secure. When you’re storing your Bitcoins in these wallets, it is important for you that the Bitcoins remain entirely secure. That is why you have to always opt for the most secure Bitcoin wallet. Also, not all the Bitcoin wallets run on all operating systems. That is why it is important for you to look at the operating system compatibility of the Bitcoins as well. Once you are able to look at the operating system compatibility, that is only when you would realize whether this particular Bitcoin wallet is good enough for you or not.

Today we would speak about Samourai wallet – a Bitcoin wallet review. We would go into the details of this Bitcoin wallet in order to help you better understand whether it is a good enough option or not.

Samourai_Mobile_Wallet_Review

What is Samourai Bitcoin wallet?

Samourai wallet is a mobile wallet. The main focus of this wallet is on the security as well as accessibility of the wallet. Owing to this very reason, if you’re looking for a secured wallet which provides you with privacy as well, this is one of the best options for you.

As more and more electronic wallets become more accessible to people, the competition just keeps on increasing. Some of the electronic wallets just keep on innovating newer and newer features and incorporates them in its wallet in order to make it more usable for people. That is why, if you’re looking for advance mobile wallet, Samourai Bitcoin wallet is the perfect option for you.

Samourai Bitcoin Wallet’s Features:

Now we would go into the features of the Samourai Bitcoin wallet.

  1. Enhanced security:

Samourai wallet does not just comply with the industry standard security protocols but it also has an advanced security protocols as well. You would have to enter a pin code in order to open up the wallet each and every time you want to use it.

  1. Privacy:

Samourai Bitcoin only does not use the same Bitcoin addresses. This ensures that you are able to hide your identity as well. Also, you can conduct as many transactions as you want without having to use the same kind of Bitcoin wallet address.

  1. Easier to send Bitcoins:

The platform for sending the Bitcoins is also pretty easy to use. You can directly send the Bitcoins from your smartphone. Also, private sending feature is also possible. Whenever the network is slow, the wallet would also inform you regarding the time which it will take for the network to process the Bitcoins. This ensures that it becomes easier for you to decide how much fees you have to pay in order to get the transaction completed at a faster pace.

  1. QR codes facility:

Instead of sending the wallet ID, you can use the wallet facility in order to scan the code and send the payment. This ensures that you do not have to type the pretty long Bitcoin wallet id. This also provides you with an enhanced security as well as QR codes are very difficult to manipulate.

The QR codes can also keep the wallet ID of your Bitcoin wallet completely secure.

Samourai_Mobile_Wallet_Nodes

  1. Trust Node:

If while sending the Bitcoins, you do not want the Samourai Bitcoin wallet to use their own nodes in Iceland, you can input your own trust node. This would ensure that your transactions are completed through those trusted notes. This would provide you with an enhanced layer of security.

  1. Stealth mode:

Even if you want to remotely view the Bitcoin wallet ID, you can send an SMS to your phone with the text:

SW seed PIN_CODE

This would provide you with the seed of the wallet.

You can even wipe your wallet remotely as well. There are quite a few other commands as well which you can opt for remotely.

Moreover, if you want to hide the wallet in your smartphone, that is possible as well. Normal people would not be able to view the wallet at all. In order to view the wallet, you have to dial

**Pin_Code#

This would open up the Samourai Bitcoin wallet.

If you liked this blog post, please follow us on Twitter @coins_iq and also make sure to subscribe to our e-newsletter to receive the best and latest information on bitcoin, cryptocurrency, crypto trading and bitcoin investment!

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Bitcoin Review Wallet

Mycelium Review – Bitcoin Wallet Review

mycelium_bitcoin_wallet_review

Another bitcoin wallet review by CoinsIQ

More and more people are conducting their transactions through their smartphones. That is why, when you’re investing in Bitcoins or any other cryptocurrencies, you would always try to manage it from your smartphone. One of the main things which you have to keep in mind is that if you want to easily access your Bitcoins from the smartphones, you need a mobile wallet. The problem is that while choosing a wallet, you have to be careful in ensuring that you are opting for the most secured wallet. When you’re looking for mobile Bitcoin wallets, one which you would often come across is Mycelium. Mycelium is able to provide dedicated mobile-based wallets to a lot of users. It has a pretty stellar reputation as well.

In today’s review, we would go into the details of Mycelium mobile wallet in order to help you better understand why it is one of the best options for you.

What is Mycelium wallet?

Mycelium is an electronic mobile wallet which is entirely compatible with the android smartphone. There are a lot of different security features which are built into this wallet. The integration of the mobile wallet with Android operating system ensures that you are able to buy and sell Bitcoins from this wallet quite easily. This is one of the main reasons why this wallet has become so popular.

If you look at the mobile application of Mycelium, you would realize that it is pretty easy to understand. The graphic user interface is simple to understand and moreover, it is pretty easy to use.

Features:

We would today go into the features of the Mycelium mobile wallet in order to give you a better idea how you can use it.

Mobile operating system compatibility:

This wallet is compatible with the Android operating system as well as the iOS operating system. This ensures that you would be able to run it on a maximum number of mobile devices as well as tablets. Thus, you do not have to take any extra steps in order to make the wallet compatible with your smartphone or tablets.

Stellar reputation:

The wallet was 1st founded in 2008. Since then, it has a very stellar reputation. It is considered as a safe wallet by the entire industry. That is why, even when you’re asking for wallet recommendations from your exchange, most of the exchanges would be recommending you this wallet.

Open source:

The Code of this wallet is open source. This ensures that you are able to easily get newer and newer developments from time to time. This enhances the security further as well.

Integration with hardware wallets:

These days, in order to keep the Bitcoins safe, it is important to put them in the hardware wallets. Mycelium is completely integrated with the hardware wallets as well. This ensures that you are able to keep your Bitcoins completely secure. The hardware wallets can store the Bitcoins off-line. This ensures that you do not have to worry about hacking or any kind of attacks on your wallet.

Different account options:

Depending on a number of Bitcoins which you want to store as well as the time period for which you want to store, the type of accounts which are on offer are plenty. Thus, you can easily choose the contacts which are the perfect option for you.

Faster synchronization:

This wallet can be easily connected with the Bitcoin network. This ensures that whenever you want to transfer the Bitcoins or buy or sell the Bitcoins, it can be easily integrated to the main network as well. This makes it much easier for you to use the Bitcoins directly from your smartphone. You would not even have to get on the computer in order to use the Bitcoins. This is one of the main advantages of this mobile wallet.

The company who is behind the Mycelium mobile wallet is always evolving the features in order to make it more secure for the users to store their Bitcoins. It is also integrating more and more technology in order to make sure that the wallet is becoming multifunctional.

If you liked this blog post, please follow us on Twitter @coins_iq and also make sure to subscribe to our e-newsletter to receive the best and latest information on bitcoin, cryptocurrency, crypto trading and bitcoin investment!

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