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Blockchain
Bitcoin Wallet
What are the best blockchain Bitcoin wallets?
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Apr 24, 2021
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Best blockchain Bitcoin wallets?
Price
Credit Card Fees (Purchase)
Fees
--
Coinbase
-
6%
1%
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--
Coinbase
My Rec
ommendation
for
Coinbase
My Recommendation for
Coinbase
All
12
Experiences
2
Pros
3
Cons
6
Specs
Top
Pro
•••
Secure
Wallets (and private keys) are stored using AES-256 encryption and the site runs entirely over SSL. Also, 90% of customer funds are stored offline in bank vaults to prevent theft or loss. For more information, visit here.
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Top
Con
•••
Fees are quite high
Coinbase is beginning to increase their fees. Credit/debit card purchases also carries an upwards of 3.49% fee.
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StrongWala's Experience
Coinbase is very straightforward. They do lack some of the other alt coins, so if you are wanting to purchase DOGE, you're out of luck
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Specs
Credit Card Fees (Purchase):
6%
Fees:
1%
SEPA Withdrawal:
1 EUR
Supported Cryptocurrencies:
BTC, LTC, ETH, XRP,XLM,BCH,TRX
See All Specs
Top
Pro
•••
Trustworthy
Coinbase have raised over 6 million from reputable investors.
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Top
Con
•••
Terrible customer support
Relegates users to a support "bot" which is incapable of supporting escalated issues. Email support takes days to weeks to respond and is not geared to handle time sensitive issues. Avoid Coinbase if at all possible.
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Hasher Peekpower's Experience
Had trouble getting account back online after losing password. staff were rude and unhelpful.
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Top
Pro
•••
Very easy to set up and use
The entire process of using Coinbase is seamless. All you need to do to start buying/selling Bitcoin is link your bank account to Coinbase, and if you provide a credit card as a backup payment method you can start buying Bitcoin instantly.
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Top
Con
•••
Few choices
Coinbase is extremely limited in choices. Granted... to the most trusted and secure coins, but accessing other options requires a secondary service, and incurs fees.
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Top
Con
•••
You'll experience a painful process to restore multiple device access
As soon as a device becomes unregistered from Coinbase, it seems to cause a cascade of other devices also complaining and asking or a code. If you're using certain mail providers, Coinbase emails don't even make it to your spam box - they're blocked at the server level. Folks should take care to use a known, white-listed service to ensure you don't lose access to your email resets, or you have to go through a very painful process to restore it. You have to register an entirely new account and follow up with a request for verification. This is all well and good for security's sake, but takes too long. It can be done much more professionally and quickly if there were secure features to restore device connectivity and access, such as a backup or two step verification with a mobile. This would save days and days, even weeks of lock-out, from what is YOUR money.
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Top
Con
•••
Outdated
Layout seems old and tired.
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Top
Con
•••
Too focused on altcoins
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foxone
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foxone
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foxone
free
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