Ask HN: What's the best Bitcoin exchange/wallet out there? | Hacker News Reader

Ask HN: What's the best Bitcoin exchange/wallet out there?

2 pointspattle7 comments

I'm looking to purchase some Bitcoin but I don't have much idea about the best place to buy them. I've had a look at Coinbase but they seems to have so many negative reviews. Can anyone make any recommendations? I'm UK based if that makes a difference.

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For wallets I really like using blockchain.info

- https://blockchain.info/wallet

It's free, well designed, secure (encrypted, two factor authentication), and there are mobile apps to access it anywhere. Check out the How it Works and the FAQ:

- https://blockchain.info/wallet/how-it-works

- https://blockchain.info/wallet/wallet-faq

For UK exchanges I'm not sure, maybe also check /r/bitcoin (https://www.reddit.com/r/bitcoin) and the Bitcoin Wiki (https://en.bitcoin.it/wiki/Trade#Currency_exchanges).

Unfortunately, https://blockchain.info/ is bad idea for anything last year or so - under any non-zero level of [bitcon network] load it tends to show wrong values and stuff. Also, using hosted solutions for own wallet is not that great idea as you could think it is - site owner could ban your account, inject evil javascript etc. https://electrum.org/ is descent choice as a wallet. MultiBit HD (https://multibit.org/) is possible alternative (not reached 1.0 so far)

https://localbitcoins.com/

I've personally not had problems with https://www.coinbase.com/ thus far. I'm not a power user though, either.

Coinbase is good to get the bitcoins, I wouldn't use them as my wallet. I've heard bad stories of them closing accounts due to bitcoins being used somewhere that they do not approve of.

I use electrum on my own machine as my wallet

I have used coinbase for about a year now and am very satisfied with the service, security and new enhancements they have added.

I've used mrcoin.eu a few times recently, all were pretty good experiences

If you can, purchase from a Bitcoin ATM or using LocalBitcoins.com. Coinbase can be heavy-handed at times, but it's better than Circle by a country mile.

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