Best BTC wallet to use that has low/no fees!

Hey crypto gods. Im looking to see what the best BTC wallet is to you with the least/no fees. Im looking into getting into RS sales and want to use BTC as my method because its the safest.

 

Before I get complex, I'll mention that all decentralized wallets should have the same fee structure (i.e. they are free - only charging the BitCoin Network Transaction Fee). One common wallet used is BreadWallet - it supports multiple types of coins and is very user friendly for beginners.

----

Do you plan on, at some point, having a fair bit of currency in your account?

If so, I'd recommend having not 1 but 2 wallets: one physical wallet that you keep in a safe place (either at the bank in a deposit box or in a fire and flood proof safe at home) and then a digital wallet that you use for typical transactions. This is so that in the event of your transaction wallet being compromised, etc., the bulk of your coins are safe and secure in a separate wallet.

If you can be bothered with what I've described above, the most common (and highly rated) physical wallet is Ledger Nano S. Anything generated by the device is purely offline (your security phrases etc) - so the chances of you getting hacked are...very slim.

 

Do not plan on keeping currency in the account. Plan to do bank transfers of profits probably once a week.

 

In that case you can forget the second part of what I've said...any trustworthy decentralized wallet will suit you fine - I use BreadWallet (also known as BRD) just because it's so simple and came recommended but there are lots like it.

 

How do I setup an account or whatever?

 

So the transaction fee to enter the next block of bitcoin is dependent on how busy the network is. If the bitcoin network is busy you will have to pay a higher fee to enter the next block or the one after, but if the network is dead you can sent a very low (1 cent) transaction fee.

Bitcoin Charts & Graphs - Blockchain

 

How do I transfer my coin to bank from BRD?