Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ManoMAB on December 14, 2017, 05:31:56 AM



Title: Secure Storage
Post by: ManoMAB on December 14, 2017, 05:31:56 AM
Good evening, I would like to know what is the safest way to store altcoins.


Title: Re: Secure Storage
Post by: panjay on December 14, 2017, 06:17:42 AM
Use an official wallet that's dev team provide or even better if you can afford some hardware wallet like trezor/nano s.


Title: Re: Secure Storage
Post by: Thewel on December 14, 2017, 01:08:18 PM
Good evening, I would like to know what is the safest way to store altcoins.
I think the safest way to save altcoin is enough to keep it in the wallet, because it proves to be quite safe and many people use it so it is quite reliable, and its use is quite easy.


Title: Re: Secure Storage
Post by: ManoMAB on December 14, 2017, 11:42:00 PM
I agree with you, but my fear is due to the following fact. Brazil is trying in all ways to tax the coins and consequently the police will get in the middle of it. Are not you afraid the police will close several sites?


Title: Re: Secure Storage
Post by: dave17wilson on December 14, 2017, 11:46:49 PM
i have a ledger nano s and i love it. it makes me feel quite secure.i would recommend this product


Title: Re: Secure Storage
Post by: raven.tiu17 on December 14, 2017, 11:59:38 PM
i highly recommend hardwallets like trezor/nano ledger but if you don't have enough money to provide this. then you can use web wallet which is cold storage like Electrum, be sure to keep your private key


Title: Re: Secure Storage
Post by: seizetehday5 on December 15, 2017, 12:23:32 AM
I agree with you, but my fear is due to the following fact. Brazil is trying in all ways to tax the coins and consequently the police will get in the middle of it. Are not you afraid the police will close several sites?

You are afraid that Brazilian authorities are going to close non-Brazilian websites? That simply cannot and will not happen you need not worry about this. What you should do then however is not go on any Brazilian websites that are crypto related, ie exchanges, forums, or anything else. Do that and you will be completely fine. Btw either use a Trezor, Ledger Nano, or KeepKey to store your funds if you are worried about theft.


Title: Re: Secure Storage
Post by: Febo on December 15, 2017, 01:49:28 AM
Good evening, I would like to know what is the safest way to store altcoins.

Safest is to make paper wallet with offline computer. You should search for that on this forum or on goggle. It also depend what coin you plan to store. Some if is some new tech you might have more problems if is just a btc clone or a token is simple.

So so safe but super simple is buying Ledger S hardware wallet.  You can get it for like $70 and can store quite a variety of coins now, soon even Monero.


Title: Re: Secure Storage
Post by: tigervn on December 15, 2017, 01:56:04 AM
The safest is that you use hardwallets such as trezor / nano ledger, these types of hardwallets to secure your coin types absolutely. You can also use some great online wallets like coisebase, blockchain, Myetherwallet, these online wallets are also very safe and easy to use. But remember to save private key carefully to avoid losing your property.


Title: Re: Secure Storage
Post by: makishart on December 15, 2017, 02:21:01 AM
Good evening, I would like to know what is the safest way to store altcoins.
The hardware wallet should become very good place for your to store your altcoin. But if you don't have hardware wallet and you can try to make your own wallet through USB. There is a lot of method in the internet about that. Another choice you can try to use multiple crypto wallet just like jaxx, coinomi and eidoo.


Title: Re: Secure Storage
Post by: zolfa on December 15, 2017, 02:32:45 AM
I know that all wallets are safe, but it's safer if you keep them in hardware like trezor / nano. and it will be better for you.


Title: Re: Secure Storage
Post by: totnaksquad on December 15, 2017, 02:51:56 AM
Go buy a hardwallet ledger nano s or trezor is a good choice bought mine 2weeks ago and it is indeed a secured storage,or you can choose paper wallet  but always secure your private keys.


Title: Re: Secure Storage
Post by: Nana_Marini on December 15, 2017, 02:57:25 AM
You can keep private key in safety place because private key is the key that you will open your wallet. Don't give your private key to someone because it is dangerous :)


Title: Re: Secure Storage
Post by: topesis on December 15, 2017, 02:58:24 AM
For me it is hard wallet, there some good ones out there you can buy like ledger and nano but not all tokens are supported on it, you can also use Desktop wallet of the token you are holding which is more secured than web wallet


Title: Re: Secure Storage
Post by: nexus2k14 on December 15, 2017, 03:05:24 AM
Good evening, I would like to know what is the safest way to store altcoins.

Safest way will be always cold storage, a computer that is offline no internet access via LAN or WiFi (ideally not present at all) Wallet is created in an offline environment. You can buy hardware wallet that is very secure, impossible to lost coins once you get to know how to use it, even your computer is compromised and someone has access in order to create transaction you will need to put the PIN code on your wallet and confirm the transaction. Most popular hardware wallets are Trezor and Ledger Nano S. Next step down is wallet on your PC - for Bitcoins Electrum is a good way to go. For Ethereum ERC20 based Tokens - MyEtherWallet is OK. Remember you can check balance in Ethereum explorer no need to login to MEW every time same with BTC using explorer. I use MyEtherWallet - passwords and private key I keep encrypted on offline PC with VeraCrypt (based on TrueCrypt). Cold storage and hardware wallet will be the most secure way to store Bitcoins and other alts.


Title: Re: Secure Storage
Post by: totnaksquad on December 15, 2017, 03:55:12 AM
i am using ledger nano s and i hope my coins are safe with its technology,the hardwallet is very cheap compare to other wallets.


Title: Re: Secure Storage
Post by: dzkazmi on December 15, 2017, 04:05:14 AM
Use desktop wallets. thats the only best thing for the altcoins.


Title: Re: Secure Storage
Post by: pawanjain on December 15, 2017, 04:58:04 AM
The safes wallet for altcoins would be a hardware wallet which supports multiple altcoins. In this case it would be Ledger Nano S which supports the major altcoins. Trezor is an alternative to Ledger Nano wallet. Although hardware wallets are a bit costly but they provide a better security than any other wallets. Most people tend to choose this wallet as it is the most safest wallet. Next to this would be a paper wallet which you can easily get it from their official website. You can also install the altcoin's official wallet in your PC or smartphone.


Title: Re: Secure Storage
Post by: Rlyn on December 15, 2017, 05:43:04 AM
It depends. If you're talking about Ethereum MyEtherWallet is the safest and secured wallet


Title: Re: Secure Storage
Post by: jekjekman on December 15, 2017, 05:46:28 AM
Good evening, I would like to know what is the safest way to store altcoins.

The safest way for you to store your specific Altcoins is to secure it by yourself so download the Altcoin's very own wallet that is giving you the right to hold your own private keys as no one will get access to your wallet in that way not unless you give it intentionally to others. If you want to hold it in a long term basis and to calm your mind you must never rely to store your cryptocurrencies to online exchanges even if it's a legitimate one. And when transacting online you must be vigilant in looking for the right URL because there are so many phishing website that is almost the same with the original one.



Title: Re: Secure Storage
Post by: ask on December 15, 2017, 05:58:59 AM
I am using Ledger Nano and i am satisfied with it. You can use to store all your tokens and major coins.
It has nice recovery options and really easy to use. If you don't have neough budget then paper wallet is the best option.


Title: Re: Secure Storage
Post by: m.vina on December 15, 2017, 06:22:04 AM
I'm no expert but AFAIK, the most secure way to store your cryptocurrencies long-term is to back them up. You could also store them on a hardware wallet such as Trezor or Ledger Nano, but that alone would not be sufficient. You should have multiple backups as well. This means even if you use a hardware wallet you should probably put them on an external and store those in a safety deposit box at a bank. You could also consider using paper wallets for some, but paper is easier to lose or destroy so keep them in a ziplock or any airtight container.


Title: Re: Secure Storage
Post by: swissgang on December 15, 2017, 06:34:44 AM
The most safest way is storing them in ledger nano s, if a coin is not supported, use its own wallet or last mobile wallets


Title: Re: Secure Storage
Post by: FDC1412 on December 15, 2017, 06:43:43 AM
im using MyEtherWallet and ImToken and as far as today i didnt experience any casualty on my tokens. The security of the wallet i think depends on where you register your wallet.


Title: Re: Secure Storage
Post by: rarg on December 15, 2017, 06:58:31 AM
Good evening, I would like to know what is the safest way to store altcoins.

if you really dont want to lose your coin or tokens, secure it with an airgapped deviced like Ledger or Trezor. Currently, only that device which provide better security.


Title: Re: Secure Storage
Post by: no0dlepunk on December 15, 2017, 07:01:19 AM
Good evening, I would like to know what is the safest way to store altcoins.
Use a hardware wallet to keep your coins safe against hackers. The vulnerability of offline wallets are still high percentage so better safe than lose bags of altcoins. Just make sure that your altcoins are worthy than your hardware  ;D


Title: Re: Secure Storage
Post by: cryptoheroin on December 15, 2017, 07:06:39 AM
I prefer hardwallets but if you dont have budget a paperwallet in myetherwallet.com will do.


Title: Re: Secure Storage
Post by: jhongzjhong on December 15, 2017, 07:10:48 AM
Good evening, I would like to know what is the safest way to store altcoins.

I think good for you is paper wallet or desktop wallet those wallet are offline wallet if you can't afford nano ledger and trezor wallet. This is very safe storage of you're altcoins i guess, but if you wan't hardware wallet ledger nano s. and trezor have a private key always and don't lost it.
For you're ethereum the best wallet is Myetherwallet or MEW for ERC20 based token much better is this.
REMEMBER, to avoid leak of hacking or scamming always keep your private key and don't tell your friends for those closed to you.


Title: Re: Secure Storage
Post by: cryptochr on December 15, 2017, 09:19:13 AM

Im very happy with MEW, it's secure, fast enough and use friendly imho.


Title: Re: Secure Storage
Post by: crimsongoth on December 15, 2017, 11:05:54 AM
If you have concerns as to security, you should either use portable trezor/ledger nano wallets or paper wallet. but if you ask me the safest way is the paper wallet. Of course this choice is yours.


Title: Re: Secure Storage
Post by: madgtr on December 15, 2017, 11:16:46 AM

A good place would be MEW or Blockchain. Safe and easy to use at any moment.
Easy to create an account too.


Title: Re: Secure Storage
Post by: rallyko on December 15, 2017, 11:31:55 AM
Hello, First, buy yourself a separate computer, where there will only be purses. Install antivirus program on the computer. I would advise you to diversify the risks and store altcoins in different wallets. Keep part of the coins on the official purse that you install on the computer, part on the on-line purse. I still keep some of the altcoins on the exchange.


Title: Re: Secure Storage
Post by: SanZoldyck on December 15, 2017, 11:48:45 AM
use a wallet that only you know, and keep your private key safely do not forget or lose ;)


Title: Re: Secure Storage
Post by: Kryten12 on December 15, 2017, 12:07:07 PM
ERC-20 tokens work quite well in MyEtherWallet but you need to be very careful with accessing and never follow links.
Nano is also a good option if you want something you can carry around with you and for other tokens