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  1. #1
    JoeHarris is offline Banned
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    Question Which BTC Wallet is best for an affiliate to use?

    Hi Guys,

    Was just wondering what are the best and most user-friendly BTC wallets out there for affiliates in our industry?

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  3. #2
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    Blockchain (.com) is excellent and quite reliable to use.

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    There is no best BTC wallet, but the Ledger Nano S hardware wallet is very secure and easy to use.
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  7. #4
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    Trezor is the best hardware wallet imo, Ledger nano is a close second.

    For a free first timer BTC wallet use Green Address, Copay, Samurai Wallet or Wasabi Wallet as none of them are connected to BTC exchanges.

    All are trusted by bitcoiners to securely store bitcoin. For even more options, just check bitcoin cores list

    https://bitcoin.org/en/choose-your-wallet

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    Ledger is easy to use, is dumbproof, but for affiliate purposes is not very friendly as discussed in another thread.
    Also I remember how they handled the release of new software and forking the btc and that labeling was a mess.
    How does trezor handle the addresses compared to Ledger systems? Electrum is very good at this it has even the export of labels.
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  11. #6
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    Moved everything from Ledger into the Trezor device after using both for a year. They are both easy enough but I really like Trezors UX and trust it a bit more than Ledger.

    Apparently, you can use Electrum within Trezor to get more than one empty BTC wallet at a time. The total limit is 1mil btc wallets per trezor wallet Im pretty sure though.

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    Yes you can actually use also Electrum with Ledger nano too, so you have ledger security and electrum UX. For newbies it is maybe the best than one of the wallets.

    I am using this combo for IOTA altcoins, it works pretty nicely. The HW wallet is just signing the transactions (=the seed of the HW wallet is used to generate the hidden seed of the electrum).

    The only problem is that I do not trust to the HW wallets in terms of security. YOu never know what is there unlike with Electrum or other open sourse systems. I gave one ledger to my sysadmin and he insists all people are crazy to trust this. So HW wallet is just my hot wallet and storage of altcoins where I think I would **** up the normal wallet.
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    Ledger and Trezor are also kind of fighting about whose wallet is more secure, so take it for what it is.

    Havent heard either aren't secure, some people dont like ledger code being proprietary or Trezor being open source code.

    The recent fight had to do with "possible" security issues

    https://blog.trezor.io/our-response-...s-194f1b0a97d4

    Then there is Ledger device having limited space for more than 4 coins...

    https://www.ledger.com/2019/04/02/le...ize-decreased/

    Personally think its best they both stay on top of each others wallets security as well as their own.

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    Ask yourself: what is your or mine qualification vs. qualification of a top expert who is securing my servers?

    Most people just repeat what other people say and both Trezor and Ledger are pro-profit companies with their propaganda, unlike non-profit projects like electrum or samourai wallet. We are doing the gambling propaganda so you can imagine how it looks like elsewhere. Even Andreas told that HW wallet is good just for tepid wallet. I did not see this video, but I guess he will say something like that in that: https://www.youtube.com/watch?v=3zNVDIz6Snw

    I am using Ledger Nano. I am even buying a lot of them and giving them to people interested in crypto, because I think it is a great thing for 99% of people including me, especially while I am on my ways where I do not bring a second clean computer, have always safe connection and so on. But HW wallets are a huge potential threat. You never know what comes inside of the small box and there is no chance to know it. Yes the same applies to any piece of hardware, there is no safe solution, but with hw wallets there is only one specific way of use, so the attacker has much easier way to attack cryptoholders than for example someone who penetrates a Dell computer factory.

    If it is just about flipping a one month revenue to some exchange then HW wallet is more than safe enough for anyone, but if it is about hodling for years, which is something that the sane people should do as I keep writing it here for years, then there are safer ways for some people I believe. Then there are other advantages using nonHW wallet when it comes to forks, because HW wallet software usually reacts very slowly. Even now there is no wallet for "Calvin Ayre coin" BCHSV, so people who had balance of BCH half a year ago do not have (simple) access to this coin.

    PS. Only some old Trezor was open source if I recall.

    PPS. Few weeks ago Ledger Nano S completely ****** up Monero if I remember and the coins were lost to black hole. Why? Partially because it is not an open source and much less people see the software.
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    If you are an affiliate just taking the BTC and converting to fiat via an exchange within the same month then you can use a software wallet.

    I have a Electrum software wallet on an old laptop that I don't connect to the internet much - other than to process payments.
    Exodus is another good wallet with support for plenty of alts as well.

    I find the software wallets have a far better UI for transactions than the hardware wallets.
    Last edited by TheGooner; 8 April 2019 at 9:44 pm. Reason: more

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    Have been using Exodus for some time now and very pleased. Have used many others over the past few years however Exodus has been the best personally so far.

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  23. #12
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    Thanks guys, some really good info in there and some honest reviews. This forum is brilliant!

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    I use trezor to hold large amounts and always keep small amounts in electrum for fast changing

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    So here it is. Trezor was cracked: https://ledger-donjon.github.io/Unfi...ack-on-Trezor/

    I use trezor to hold large amounts and always keep small amounts in electrum for fast changing
    It is your problem but you do it exactly the opposite as you should (considering you have dedicated computer for electrum etc)
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    What is the difference between Trezor and Exodus? I was just looking at the Exodus homepage and I see an example of Trezor.

    I have always used Coinbase and sick of paying the huge fees they charge to sell BTC.
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    1st of all keep researching, keep asking. It is necessary for future but you are mixing up 3 things that are different class. It is dangerous. With bitcoin you can **** up many things. ANd you can be victim of scammers. So you need imo at least some base. Otherwise you are on thin ice. It is doable, just keep on.

    Coinbase is not a wallet. Yes you could use it as wallet, but they are just some service that is primarily an exchange. To exchange bitcoins and to store/send bitcoins - it is two very different things. I am not sure if you know that.

    Wallets are used only to store and send bitcoins. Not to exchange them. If some affiliate program pays you and you want your USD or EUR, you must use exchange. The exchanges are regulated, so especially if you are in the USA you can not choose of many.

    Now if you want just to store or send bitcoins, but not exchange, then you are looking for a wallet (the exchange like coinbase, can serve as wallet too, but that is not recommended for reasons that I will not mention now).

    Both trezor and exodus are wallets. The difference is that Trezor is piece of hardware and Exodus is a software. It is also possible to connect Exodus and Trezor, where Exodus will serve as frontend and trezor as backed to provide additional layer of security. Which is now completely useless, because trezor was shown as hackable.

    Before we move on, all clear?
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  29. #17
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    hardware wallet > all.
    we use a bunch of ledgers nanos, cheap + secure. maybe trezors have more space on 'em for more wallets but we just use BTC/ETH/XRP, so we are all good with ledgers.

  30. #18
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    Seriously how you can say that now. You do not read what just happened? Trezor was hacked just now = people can extract seed from it in few minutes with 100 USD equipment. I kept writing HW wallets are potentially very unsafe and now it was proven.
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

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