What is the Bitcoin Wallet Function?
Wallet Bitcoin is a place where we can safely and securely store balco bitcoins, which we can use to receive or send bitcoins.
therefore the role of bitcoin wallet is very important to store bitcoin and to be able to transact with other users.
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There are 2 types of Wallet we can use to store bitcoin, ie Desktop and Web. But this time I will only discuss about Wallet from a third party Web alias.
With this Web-based Wallet, we rent a place to store our bitcoin balance on their site that provides bitcoin storage facilities, but you do not have to be afraid even if we do not manage it completely but the wallet site is safe and reliable.
Excess Using Wallet base Desktop:
- fully control the bitcoin balance.
- is free to specify transaction fee, but it is not recommended to pay more fee for faster transaction process, it is feared that there will be a very long unconfirmed transaction, even the possibility to fail.
Disadvantages Using Wallet base Desktop or App:
- Need to sync data with servers that usually take a long time, internet connection speed is very determine the length of synchronization process with the server blockchain.
- Prone to data theft due to virus attacks.
Advantages of Using a Web Base Wallet:
- Easy to trade
- No need to ribet data synchronization with the server, because online 24 hours.
- Easy to disbursed and for the purchase of other digital assets, and certainly the fee payment is smaller, especially if we transact with people who use the same wallet service providers with us it will be free from the name of the fee.
Disadvantages of Using Wallet Web Basis:
- All controls are held by the owner of the wallet, we only have partial access.
- The transaction fee is determined by the wallet provider.
After seeing the advantages and disadvantages of Wallet Bitcoin above, then we discuss about the safe and reliable Wallet Bitcoin to store our bitcoin balance. Here's the List of Safe and Reliable Bitcoin Wallet Sites:
Blockchain.info
Wallet Blockchain is the 1st bitcoin wallet in the world and the most widely used. And being the first wallet to provide a crypto bitcoin storage facility, Blockhain is closely related to the current bitcoin economic growth. To have a wallet in blockchain please go to its website at www.blockchain.info.
Luno
Luno or formerly known as BitX is a trusted provider of bitcoin wallet sites and many users in Indonesia. Luno has branch offices in 3 countries: London, Singapore and Cape Town.
Luno has a vision of changing the lives of billions of people by providing Bitcoin to anyone, anywhere and anytime. Luno is available in countries of Indonesia, Malaysia, Nigeria, Singapore and South Africa.
Coinbase
Coinbase is also one of the bitcoin wallet providers. Not only BTC but Coinbase also serves Ethereum and Litecoin transactions. Views from this Wallet site are very responsive, both accessed via Computer and from mobile devices. In terms of looks interesting and also not boring. And Coinbase is known to have resilience features of layered hackers, because the Verification feature is layered during login and withdraw.
Interested in using the services of Coinbase? Register Here: www.coinbase.com
XAPO
Xapo wallet is a bitcoin wallet service that is highly favored by bitcoiner who likes claim claim captcha because usually sites that provide free bitcoin prefer payment to xapo wallet and there are also sites that provide automatic payment for bitcoin wallet made in xappo wallet.
Xapo also has a security system that is not inferior to Coinbase, a very strict verification system and the enforcement of a very tight Pin every time transact.
Interested in using Xapo? please register here www.xapo.com
That's 4 list of trustworthy Wallet Bitcoin sites I personally think, please choose one or if you want to use all also no problem to better understand the advantages and disadvantages of the services of each site.