What are the best online bitcoin wallet providers?

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Jan 2, 2020

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2 Options Considered

Best online bitcoin wallet providers	Price	Credit Card Fees (Purchase)	Fees
-- Coinbase	-	Varies (starts at 3.99%)	Varies (starts at 1.49%)
-- Blockchain	-	-	-

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score 5 · Answer 1

Coinbase

Top Pro

Nice usability and easy to trade

Top Con

Shuts down and freezes transactions during heavy request for fiats and during bubble burst

PioneeringSiebog's Experience

coinbase does not actually trade coins for you in the blockchain. See More

Specs

Credit Card Fees (Purchase):Varies (starts at 3.99%)

Fees:Varies (starts at 1.49%)

SEPA Deposit:Free

SEPA Withdrawal:0.15 EUR

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Top Pro

Compatibility

Due to its popularity. See More

Top Con

Month of June 2017 - just horrible experience so far

Continual outages hold your money and/or coins hostage at the times they are most useful to trade. Site does not scale for busy profitable days/hours. Support is effectively non-existant. They treat everyone the same - poorly. Expect your funds to be captive during volatile activity. Poor leadership relegateds support staff to begging Your "patience." New policies are NOT updated online in a timely manner. Beware if you have much to lose. Considering all the kinds of hiccups this website and its app regularly experience, a large catastrophic data leak of sensitive information would not surprise me at all. See More

Top Pro

Offers phone support

Coinbase offers phone support for customers needing urgent help with ID/account verification issues, limit increases, and such. See More

Top Con

No actual blockchain exchanger

Top Pro

Great mobile apps

As well as the website, you can access Coinbase on Android, iPhone and visa SMS. See More

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. See More

Top Pro

Trustworthy

Coinbase have raised over 6 million from reputable investors. See More

Top Con

High fees

This service has updated its fees, is quite expensive now. See More

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score 8 · Answer 2

Blockchain

Top Pro

Open source

Top Pro

Allows automatically backing up the wallet to a computer

Can be set up to manually as well as automatically backup the wallet to a computer. See More

Top Pro

Can import and export private key

Top Pro

Supports P2P transactions

If the centralized server goes offline the app will still allow making offline purchase via peer-to-peer connection. See More

Top Pro

exchange value without intermediaries

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Answer 3

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What are the best online bitcoin wallet providers?

2 Options Considered

Coinbase

My Recommendation for Coinbase

My Recommendation for Coinbase

Nice usability and easy to trade

Shuts down and freezes transactions during heavy request for fiats and during bubble burst

Compatibility

Month of June 2017 - just horrible experience so far

Offers phone support

No actual blockchain exchanger

Great mobile apps

You'll experience a painful process to restore multiple device access

Trustworthy

High fees

Blockchain

My Recommendation for Blockchain

My Recommendation for Blockchain

Open source

Allows automatically backing up the wallet to a computer

Can import and export private key

Supports P2P transactions

exchange value without intermediaries

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Blockchain Help

My Recommendation for Blockchain Help

My Recommendation for Blockchain Help

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