Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: megawatt22 on January 03, 2018, 09:59:24 PM



Title: new coin but no wallet, what do you do?
Post by: megawatt22 on January 03, 2018, 09:59:24 PM
I like to buy a coin and move it off the exchange to a wallet under my control.  My question to you is what do you do when you get a new coin that is not supported by a cold wallet or desktop wallet and the company has not created their own wallet to store the currency?  For instance if I want to buy tron and don't want to keep it on the exchange where I got it from where can I put it?  What wallet can I use?  This goes for many of the new coins that are valued at under .05 USD.

Thanks for the replies


Title: Re: new coin but no wallet, what do you do?
Post by: Queen12 on January 04, 2018, 05:18:12 AM
I like to buy a coin and move it off the exchange to a wallet under my control.  My question to you is what do you do when you get a new coin that is not supported by a cold wallet or desktop wallet and the company has not created their own wallet to store the currency?  For instance if I want to buy tron and don't want to keep it on the exchange where I got it from where can I put it?  What wallet can I use?  This goes for many of the new coins that are valued at under .05 USD.

Thanks for the replies
So you can buy directly from the exchange, you can withdraw directly to the wallet, is this not the simplest way to operate?


Title: Re: new coin but no wallet, what do you do?
Post by: UZIzzzz on January 04, 2018, 05:28:53 AM
Do I know that the TRON is the ERC20 token? Can't that be put in the imtoken wallet from the exchange? Why not?


Title: Re: new coin but no wallet, what do you do?
Post by: mpufatzis on January 04, 2018, 09:19:54 AM
I would never buy a coin not supported by a wallet.
I am also new to cryptocurrency and I thought that when a new alt was issued the developers of the coin always suggest wich wallet to be used, usually for Linux and Windows systems.
I suggest you buy something else, probably it has a very attracted name and price but there are many other coins and tokens to chose from.
Remeber if you own the private keys, you own the coin too.