I'm wondering what wallets I can recommend to someone to who's entirely new to btc?
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110 sats \ 1 reply \ @Rexdentron 22 May
Probably Wallet of Satoshi as it is easy to set up and can handle both LN and Onchain
If you think they are eager to learn more you can show them these :
For daily spending : Blixt, Zeus, Phoenix etc
For saving : Blue, Keeper or Wasabi, Liana, Sparrow
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0 sats \ 0 replies \ @Solomonsatoshi 22 May
For daily spending Coinos have by far the lowest fees- you do not want to hold a lot of sats on coinos but for buying coffee and steak and chips you pay the least on fees and its very easy to use.
Coinos can also handle Onchain transactions but do not use it for very large ones!
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50 sats \ 4 replies \ @kruw 22 May
Phoenix Wallet for Lightning, Wasabi Wallet for on chain.
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0 sats \ 3 replies \ @denlillaapan 22 May
Phoenix for someone entirely new...?
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100 sats \ 2 replies \ @kruw 22 May
Self custody is a non negotiable starting point, so Phoenix fills that requirement while providing the best UX. I would probably avoid onboarding someone directly onto Lightning unless I know they will need to make small payments in the near future.
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0 sats \ 1 reply \ @denlillaapan 23 May
Maybe change that mind of yours...? entirely new to btc don't have to be instantly perfect
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0 sats \ 0 replies \ @kruw 23 May
Self custody isn't "instantly perfect", it's literally the bare minimum that has to take place in order for someone to actually become a new Bitcoiner.
If I were to be a snob about it, I would insist they run a full node first.
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20 sats \ 2 replies \ @guerratotal 22 May
For total beginners, Phoenix and Wallet of Satoshi are probably the most straightforward. Super easy setup, no backups needed — just download and start. But they are custodial or semi-custodial.
If you want non-custodial but still simple, BlueWallet (for on-chain) or Breez (for Lightning) are solid options.
Always depends if they want on-chain, Lightning, or both — but simplicity-wise, those are great starting points. 🔥
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0 sats \ 0 replies \ @ek 23 May
Phoenix is non-custodial
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0 sats \ 0 replies \ @Solomonsatoshi 22 May
How do the transaction fees on Phoenix and WoS compare to Coinos?
I have found Coinos by far the lowest fees and very easy to use of any LN wallet I have tried...and their support is excellent and swift.
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28 sats \ 0 replies \ @RideandSmile 23 May
For LN or BTC ?
Source: https://darth-coin.github.io/wallets/lightning-wallets-comparison-en.html
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15 sats \ 0 replies \ @Solomonsatoshi 22 May
Coinos for LN
Electrum for desktop L1 BTC although I have not tried many of the others.
Electrum also provides the info required to build your own cold storage basically for free and independent of rentseeking third party HW touts.
Using
https://itsfoss.com/intsall-ubuntu-on-usb/
And
https://electrum.readthedocs.io/en/latest/coldstorage.html
You can build your own very durable cold storage- but first learn to use Bitcoin wallet/s (BTC & Lightning Network) for just doing small test/trial transactions and enjoying the amazing liquidity and integrity of the protocol!
If possible only use Linux OS for large BTC transactions and storage.
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14 sats \ 0 replies \ @Bell_curve 22 May
CoinOS
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0 sats \ 0 replies \ @Bitcoiner1 23 May
It depends on few things...
What does he wants to do with his SATs?
How many SATs is he moving to the new wallet?
Is he planning to get more SATs soon?
IMO, if he has about 200k SATs, and plan to hold for long term. I'll recommend to go to Blue Wallet (on chain). Blue is very easy to install and use.
If he is learning and playing around with SATs, Wallet of Satoshi could be a good option...
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0 sats \ 0 replies \ @ACYK 23 May
For on-chain, this seems to be a pretty good contender https://covebitcoinwallet.com/ https://github.com/bitcoinppl/cove
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0 sats \ 0 replies \ @anon 23 May
If they are just stacking low amounts of sats and not spending any, they can get an opendime and not punch it until they need to access the btc. If they forget how to use it, they can just stick it in the USB port on a pc and read the readme.
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