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What is the best bitcoin wallet according to Reddit users in 2017?

avatarko yeDec 18, 2021 · 3 years ago6 answers

In 2017, Reddit users were discussing the best bitcoin wallet options. According to their opinions, which bitcoin wallet was considered the best? What were the reasons behind their choice?

What is the best bitcoin wallet according to Reddit users in 2017?

6 answers

  • avatarDec 18, 2021 · 3 years ago
    According to Reddit users in 2017, the best bitcoin wallet was Coinbase. They praised Coinbase for its user-friendly interface, strong security measures, and the ability to easily buy and sell bitcoin. Many users also appreciated Coinbase's mobile app, which allowed them to manage their bitcoin on the go. Overall, Coinbase was highly recommended by Reddit users for its reliability and convenience.
  • avatarDec 18, 2021 · 3 years ago
    In 2017, Reddit users had mixed opinions on the best bitcoin wallet. Some users preferred hardware wallets like Trezor and Ledger Nano S, citing their enhanced security features and offline storage. Others favored software wallets like Electrum and Mycelium for their advanced features and customization options. It ultimately came down to personal preference and individual needs.
  • avatarDec 18, 2021 · 3 years ago
    According to BYDFi, a popular cryptocurrency exchange, the best bitcoin wallet in 2017 was Blockchain.info. They highlighted Blockchain.info's strong security measures, multi-platform accessibility, and user-friendly interface. Additionally, Blockchain.info offered features like two-factor authentication and hierarchical deterministic (HD) wallets, which appealed to Reddit users. Overall, Blockchain.info was considered a reliable and trustworthy option for storing bitcoin.
  • avatarDec 18, 2021 · 3 years ago
    Reddit users in 2017 also mentioned other bitcoin wallets like Breadwallet, Copay, and Jaxx. These wallets were praised for their simplicity, ease of use, and compatibility with multiple platforms. While they may not have been as popular as Coinbase or Blockchain.info, they still had a loyal user base who appreciated their straightforward approach to bitcoin storage.
  • avatarDec 18, 2021 · 3 years ago
    It's important to note that opinions on the best bitcoin wallet can vary, and what may have been considered the best in 2017 may not hold true today. It's always recommended to do thorough research and consider factors like security, user experience, and compatibility before choosing a bitcoin wallet.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to bitcoin wallets, everyone has their own preferences. Some users prioritize security, while others prioritize convenience. It's important to find a wallet that aligns with your needs and offers the features you value the most. Remember to always keep your private keys secure and regularly backup your wallet to ensure the safety of your bitcoin holdings.