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Trustwallet is open-source and the phone app version is the same as the browser extension version?
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The whole point of a cold storage hardware wallet is not to touch the internet so I cant understand why would ledger users take risk and layer their ledger devices to hot software wallets like metamask interfaces and why does the company ledger allow this?
You are not connecting keys and seed words to internet, that is important, and it doesn't really matter what software wallets you are connecting when you have to approve each transaction on your device. However I would never suggest closed source ledger devices to anyone. Okay which multi crypto software wallet you guys recommend?
There are only a few options that are open source. For desktop computers that is Cake wallet and Stack wallet, and for mobile devices Unstoppable wallet, Cake wallet and Stack wallet. How many cryptos does cake, stack & unstoppable wallets support and all these are open source correct? |
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Okay but why not use the metamask software wallet or browser extension directly with de-fi instead of layering it with the ledger device?
So your wallet's private keys are still going to be safely stored on the Ledger device; in contrast to just using MetaMask alone where your private keys are stored on your computer/phone. I ask because I hear scam stories from ledger users when they layered their ledger devices with the metamask interface, scams like receiving free airdrops or free nfts in their ledger device that could be malicious code to expose their ledger devices to vulnerabilities.
Those are user errors, not Ledger vulnerabilities. A hardware wallet can't stop you from signing a malicious contract or sending funds to a hacker's wallet address. The whole point of a cold storage hardware wallet is not to touch the internet so I cant understand why would ledger users take risk and layer their ledger devices to hot software wallets like metamask interfaces and why does the company ledger allow this?
Because a lot of people use their cold storage wallets to swap tokens and stuff. Also, take note that you can have multiple wallet addresses even if you use a Ledger+MetaMask setup. So you can use one address solely for holding, and another address for interacting with protocols. Contracts whether they are genuine or malicious are hard to read & understand and ledger users will most likely end up approving/signing the contract with their device. Hardware wallets should have built in malicious code detection kinda like for example anti-virus or malware detection. There's no anti detection in any hardware wallets which is shocking considering the amount of money these hardware wallets costs. |
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Okay which multi crypto software wallet you guys recommend?
There are many multi coin wallets but the choice depends on what you want, there is the cold wallets which are the hardware wallets like Trezor or passport, which in terms of security are the best to use, most especially if you’re going for long term hold and a very large amounts. Then there is the hot wallet which are the metamask wallets that supports EVM chain coins and the unstoppable wallet. The hot wallet too can be used for small amounts if you can’t afford the amount for hardware wallets. Any of these wallet can be used. The issue of having wallets that can actually tell you when a coin migrates or Those the swap automatically for you is something that I don’t think any wallet can do. You need to follow up on the token news following there social media handles for important updates or better still use the likes of CoinGecko or CoinMarketCap for news like this. I'm looking for a software wallet that supports many different crypto altcoins and different blockchains. Metamask only supports ethereum type coins? What about unstoppable? |
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Okay which multi crypto software wallet you guys recommend?
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Curious to know on why would someone add another wallet layer like metamask on top of their hardware wallet like ledger nano s when the ledger device natively supports ethereum anyway without the need for metamask  Why don't they go to metamask wallet directly without attaching it to the ledger device increasing security risks vectors for the ledger device? You're going to need to connect to MetaMask if you want to actually use DeFi(Uniswap and other DEXs, lending/borrowing, airdrops, etc). But if literally all you want to do is to hold, then sure just use Ledger Live if you want to; I'd still personally use MetaMask though. Or why don't metamask release their own hardware wallet?
Because that's an entirely new product altogether. Okay but why not use the metamask software wallet or browser extension directly with de-fi instead of layering it with the ledger device? I ask because I hear scam stories from ledger users when they layered their ledger devices with the metamask interface, scams like receiving free airdrops or free nfts in their ledger device that could be malicious code to expose their ledger devices to vulnerabilities. The whole point of a cold storage hardware wallet is not to touch the internet so I cant understand why would ledger users take risk and layer their ledger devices to hot software wallets like metamask interfaces and why does the company ledger allow this? |
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I am interested in a multi-crypto software wallet instead of a hardware wallet. Software wallets are connected to the internet at all times so they should have the feature where it notifies you within the wallet/app if a coin you are hodling in that wallet is swapping to an upcoming newer version of a coin for example 1:1 swap for a newer version of a coin and you must do the swap by a certain deadline or if the wallet does the swap for you automatically without manual intervention from the wallet owner. Or if the wallet/app gives you the latest news on that altcoin you hodling in it so can be notified and be well informed in advance. Makes sense for a cold storage hardware wallet not to have this feature for security reasons.
I am planning of just hodling altcoins in my own wallet without the need to manually monitor their twitter or telegram pages everyday you know what I mean. Software wallets should have this feature which will give them an advantage over hardware wallets.
I've never heard of such feature in a wallet and I'm not sure it's in demand given how easy it is to get some news in different platforms. BTW, most altcoin projects right now have discord servers as well. They setup optional roles for people to join in including important announcements so you get a push notification for it. In addition, does checking for a couple of minutes once every two weeks, out of the question too? I've encountered coins switching to a new chain or a new version as you say, but reputable projects typically give an ample amount of time for their holders. If the coin you were talking about only gave like 2 weeks or so otherwise it's all ash and dust, then it's most likely a scummy project. Okay out of Telegram, Discord and Twitter X, which is the best, gets the latest news 1st for crypto altcoins? Which you will choose out of these 3 social platforms or which platform most crypto altcoins use for updates? |
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For the wallet part: It's really difficult to find a decent wallet that supports all chains. The best and most secure way is to purchase a cheap Ledger Nano S Plus, and then use it together with the wallets of specific chains you want to use(MetaMask for Ethereum, Phantom for Solana, etc etc). That way, you only have 1 secure wallet you can use to interact with most chains. For more educational material: * https://chainsec.io* https://www.lopp.net/bitcoin-information/security.htmlCurious to know on why would someone add another wallet layer like metamask on top of their hardware wallet like ledger nano s when the ledger device natively supports ethereum anyway without the need for metamask Why don't they go to metamask wallet directly without attaching it to the ledger device increasing security risks vectors for the ledger device? Or why don't metamask release their own hardware wallet? |
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No exchanges that you mention above from that link according to them or from that site those exchanges you mention like OKX and Binance are Unauthorised firms. It's pretty bad you are living in the UK with heavy regulation including EU countries I am not living there so I can't guarantee what exchange you should use. But if you prefer the exchanges from that link I know a few of them gemini
bitpanda
bitstamp
revolut
uphold Only Revolut is what I experienced to use before but it did not have a crypto option yet at that time right now it seems they do have a crypto tab where you can buy BTC and able to withdraw to a crypto wallet. About a wallet, since you are looking for secured multi-coin support then only hardware is the best option check the thread below for list of open-source hardware wallets. - https://bitcointalk.org/index.php?topic=5288971.0I have never heard of any hardware wallet that could notify you of upcoming new versions of coins why not just monitor the coin? follow them on X(Twitter) it should be the best source to know about the coin or their official telegram. Just to confirm Revolut allows you to withdraw BTC (any amount) to your own wallet that you control? These exchanges you listed: - bitpanda - bitstamp - uphold Which ones has the most altcoins listed and which ones open its doors for UK customers and are they on that FCA list above? Basically I am looking for an exchange that lists the same new altcoins that Binance does. I am interested in a multi-crypto software wallet instead of a hardware wallet. Software wallets are connected to the internet at all times so they should have the feature where it notifies you within the wallet/app if a coin you are hodling in that wallet is swapping to an upcoming newer version of a coin for example 1:1 swap for a newer version of a coin and you must do the swap by a certain deadline or if the wallet does the swap for you automatically without manual intervention from the wallet owner. Or if the wallet/app gives you the latest news on that altcoin you hodling in it so can be notified and be well informed in advance. Makes sense for a cold storage hardware wallet not to have this feature for security reasons. I am planning of just hodling altcoins in my own wallet without the need to manually monitor their twitter or telegram pages everyday you know what I mean. Software wallets should have this feature which will give them an advantage over hardware wallets. I say this because I have lost nearly $1000 in my own wallet in the past because I withdraw from exchange to my own wallet. How this happened? I withdrew an crypto altcoin from exchange to my own wallet that I planned to Hodl for the next bull market, it sat in my wallet safe, I wasn't hacked or anything. Then when the bull market came the altcoin dropped to $0 because there was 1:1 swap for a newer version of the coin that had to be swapped by a certain deadline otherwise if you don't swap the coin the old version becomes worthless. I missed this. By hodling it in my own wallet, my own wallet didn't notify me of this upcoming swap or deadline so basically I was hodling a worthless coin in my own wallet that I didn't knew about. Had I left this coin on a exchange like Binance then Binance would have notified me by email of this upcoming swap or Binance would do the swap for me automatically because I have no time to manually check the latest news of a altcoin that I bought via google search everyday. This risk does not happen with bitcoin because with bitcoin you can sleep at nigh easily but with altcoins you need to be constantly updated on the latest news to avoid losing money this way. Please advise. |
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For cryptocurrency wallet bitcoin precisely I will advise you to use a hardware wallet such as Ledger nano or Trezor, Tangem, Secux W10, or Decent biometric wallet. All these wallets are hardware which you can used to secure store your bitcoin, although I am not too sure of all except for the ledger nano since is mostly mentioned over here I believe is reliable than the rest. For about software wallet, you can use electrum wallet to store your coin instead of leaving your asset inside exchange account it makes it more risky to lose your asset if there are to be attack towards the exchange.
About exchange, some of those exchange you mentioned are good but you must check their terms of service and country of operation to know if they are friendly with your country, I don't know about coinbase and kraken or Binance maybe those who are from same country with you could give you more analogy towards exchanges they uses more
When you say Biometric wallet do you mean a wallet that scans your eye or fingerprint scan? Isn't this risky where lets say the thief gets your wallet and forces you to open your eye or force to place your finger on the hardware wallet or the Tyrant Government of that country forces you to do the same? Isn't there a biometric wallet that detects your in stressful situation like this by scanning your heart rate or something or the dilution of your eye pupils that your biometric wallet auto detects your in a stressful situation and wont allow your biometrics at this stressful time to access your biometric wallet? Didn't Ledger I heard compromised their source code that allows your private keys to be backed up to their ledger servers with their new online recovery service and their source code is not open source? I never heard of Tangem, Secux W10. Okay coming back onto the main subject, I am not interested in Bitcoin wallets, I am interested in a multi-crypto wallet will obviously support bitcoin as well that has the features I mentioned above. You know any? |
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Hi, I am from UK. This is the list of approved exchanges according to UK FCA regulations: https://register.fca.org.uk/s/search?predefined=CAFrom the above link, does anyone know whether OKX, Bybit or Bitget cex exchanges are listed in that FCA list or if so they are using different registered company name in that list? Lastly which multi-crypto software wallet where you control the keys that is compatible with most altcoins and the wallet supports a feature where it notifies you within the wallet/app if a coin you are hodling in that wallet is swapping to an upcoming newer version of a coin for example 1:1 swap for a newer version of a coin and you must do the swap by a certain deadline or if the wallet does the swap for you automatically without manual intervention from the wallet owner? Or if the wallet/app gives you the latest news on that altcoin you hodling in it so can be notified and be well informed in advance. Does any hardware wallets support this also? Thanks, |
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The new UK regulation is to get UK users to fill a risk assessment forms and take a risk assessment test in which I already did and passed on Binance so if Binance did not comply with these new regs then how did binance get me to fill in these forms then Well, maybe your issue is just a browser-related issue have you tried to access it with different browsers and devices? If not try it first but if it doesn't still work instead of using a VPN(VPN is not safe) to bypass some blocked things from the internet you can change your device's DNS to Cloudflare DNS and try to buy these coins again update here if it didn't work. And since you already have access to Coingecko have you checked the list of exchanges under that coins? If you can buy other crypto on Binance why not buy USDT and withdraw it from Binance to non-custodial wallets and buy Notcoin or Bookofmeme from DEX those exchanges don't require KYC. Can I rule out browser issue if I can access other altcoin trading pairs on binance but not these 2 coins I mentioned? The DNS trick is separate to the VPN or VPN must be on while changing DNS also? Yes I see the other exchanges that list the same coins but its the hassle of registering with them and completing KYC with them otherwise if I deposit cash into these new exchanges that I signed up for then there's a risk of these exchanges freezing my account. Also these exchanges I see on CoinGecko I never heard of them before and it doesn't say on CoinGecko whether they will accept UK customers? Or please kindly share who is the biggest most popular exchanges that have the most trading pairs & listings for UK customers? Which non-custodial wallet you recommend because I have lost nearly $1000 in a non-custodial wallet in the past because I withdraw from exchange to my own wallet. How this happened? I withdrew an crypto altcoin from exchange to my own wallet that I planned to Hodl for the next bull market, it sat in my wallet safe, I wasn't hacked or anything. Then when the bull market came the altcoin dropped to $0 because there was 1:1 swap for a newer version of the coin that had to be swapped by a certain deadline otherwise if you don't swap the coin the old version becomes worthless. I missed this. By hodling it in my own wallet, my own wallet didn't notify me of this upcoming swap or deadline so basically I was hodling a worthless coin in my own wallet that I didn't knew about. Had I left this coin on a exchange like Binance then Binance would have notified me by email of this upcoming swap or Binance would do the swap for me automatically because I have no time to manually check the latest news of a altcoin that I bought via google search everyday. This risk does not happen with bitcoin because with bitcoin you can sleep at nigh easily but with altcoins you need to be constantly updated on the latest news to avoid losing money this way. From this which multi-crypto non-custodial wallet do you recommend that keeps the wallet owner updated on the latest news & notifications within the wallet app of the altcoins that are in that wallet? It is only worth Hodling Bitcoin in your own wallet. Other altcoins best held on exchanges not in your own wallet. Even with for example Ethereum, when Eth moved to POS from POW there could have been a coin swap by a certain deadline for the newer POS coins. If for example I kept $1million worth of Ethereum on my own hardware wallet, my hardware wallet didn't notify me of this swap for a newer version then I would have lost $1 Million  So from this I ask again which multi crypto hardware wallet or software wallet notifies the wallet owner via its app of upcoming altcoin changes or swaps and which wallets that you control automatically does the swap for youWith DEXs, the fees are higher right because they have lower liquidity? |
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For OKX, I believe they managed to comply with the new rules before the deadline. And you can find more informations here
If I am not wrong there are reputed exchanges that allow UK customers too like Kraken, and Kucoin where the coin OP is looking to buy is available, and if he wants to buy BTC then Coinbase and etoro are available too. 12 Best Crypto Exchanges UK in 2024Binance is still trying to comply and is expecting to launch a dedicated platform for UK customers, similar to Binance.US, but for now, they have failed to comply with the new regulations. The new UK regulation is to get UK users to fill a risk assessment forms and take a risk assessment test in which I already did and passed on Binance so if Binance did not comply with these new regs then how did binance get me to fill in these forms then |
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What OmegaStarScream said is correct. q. access, use, or attempted to access or use, Binance Services directly or indirectly with (1) jurisdictions Binance has deemed high risk, including but not limited to, Cuba, Iran, North Korea, Syria, Crimea region or (2) persons Binance has deemed high risk, including but not limited to, individuals or entities named as a restricted person or party on any list maintained by the United States of America., United Kingdom, European Union or United Nations, including the sanctions lists maintained by the U.S. Office of Foreign Assets Control or the Denied Persons List or Entity List maintained by the U.S. Department of Commerce.
20.5. Access to Binance Services in other jurisdictions. Residents of some countries may only be able to access some, but not all, Binance Services. We may change the Binance Services that are available to you from time to time. If you travel to a location included on our List of Prohibited Countries, Binance Services may not be available and your access to the Binance Services may be blocked. You acknowledge that this may impact your ability to trade on the Platform and/or monitor any existing orders or open positions or otherwise use the Binance Services. You must not attempt in any way to circumvent any such restriction, including by use of any virtual private network to modify your internet protocol address. You might able to buy those two tokens using VPN, but do you want to take risk all of your coins confiscated by Binance and you no longer able to use the site? I'm not sure which other centralized exchange that allow United Kingdom, Bybit seems to be second reputable to Binance, MEXC seems to be the softest CEX when it comes to regulations. Using a VPN risk getting your account frozen at binance? How Binance know you using VPN? What about OKX exchange, what you think of them, open to UK customers? So as a UK customer I am no longer able to buy/sell on Binance? I can still withdraw right? Why did Binance got me to fill in all those risk assessment forms yesterday stating that they are required to do this by UK regulations for all UK customers because I am from UK then at the end of all that tell me to f*** off because I am from the UK |
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I believe Binance stopped accepting UK users at some point, so... that might be related for sure.
A VPN is obviously not going to help in any way because the exchange require KYC. They don't need to check your IP.
I would try and find another exchange or ask someone to buy them for you and send you the funds to your personal wallet.
We had this Prime Minister in UK called Rishi Sunak who claims to be Crypto friendly so Binance barred UK? When do you think Binance will resume UK users to use its services or this is permanent stoppage forever? Asking someone to buy for me sounds kinda risky right? |
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as far as i know binance operations in the uk have been restricted and traders can no longer use their platform, you can check the binance uk website and it is clear. so you will probably need to use a vpn to trade on binance and that should not be a problem.
So I cannot even buy Bitcoin off binance? Which countries does Binance allow users are based from to trade? Any alternatives to Binance for UK users? I ask because Binance is so popular and has the most liquidity for new altcoins you know what I mean. Which other exchanges that has the same 'New' altcoin listings like Binance has but for UK users to buy/sell? |
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Hi, I like to turn my $1000 in $100,000 in the next crypto bull run market which is a 100x bagger . I found these coins on CMC: - Spell - Jasmy - Vanry - Beam - Gala - Mantle - Sui - Ondo - Pixel If you have $1k, which coins would you choose from above and your reasons why? |
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Your thoughts really make me laugh, I don't deny your point of view but I want to use the opposing thought that the existence of the crypto market and the emergence of trends is part of stimulating the flow of money into it, Don't talk about the $100k target. If new trends don't appear, we won't have a new ATH.
I understand what you're saying about them, indeed without a noticeable impact it's really going to be difficult to see money flowing into the market. Not sure what the specific reason is for bitcoin's price increase, but it is true that they influence each other. And I also think that the trend comes for people to approach this field, there may be both personal successes and failures in the process of exposure but it helps us understand more about the workings of the market. I also have some views on future trends in the crypto market. As AI increases, it will be a trend that many industries apply and in crypto too there will be special attention specially for it. But it's a big field so I don't think it's just a simple trend but it will be a process of change and accompanying social development. Honestly, AI is a new technology but it has the potential to change crypto. AI can be used to disrupt many industries and create new ones including cryptocurrency. This is not the first time or this has happened this year. AI crypto has outperformed bitcoin since late 2017. The AI token has recently experienced significant price gains. AI crypto will be the trend that will fuel the next altcoin bull run. What if Ai coins scams its investors? The founder of the Ai coin project could say Ai has developed self-awareness consciousness and Ai itself decided to rug pull its investors If Ai has the potential to be a threat to humanity so too it can scam humanity right? |
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I don't want to remember that Terra Luna debacle because there were too many people that have been fooled by those who invested in them. And from that money of those victims, they thought that it was actually a good project and many did think the same but we all ended up being fooled by them. It's so hard to accept those moments that these projects that many seem to be optimistic with turned that they're just another project trying steal people's money. We've got all sort of genre for many projects nowadays because bull run is approaching, and I agree about AI projects too.
We can use that Terra Luna disaster to prevent ourselves from being scammed by new trends/projects in the upcoming 2024/25 bull market. Like you said Terra Luna seemed like a good project back in the last bull market, so from this shall we assume new good projects/trends in the 2024/25 bull market are potential scams too and what red flags did terra luna had apart from being not decentralized like bitcoin that we can look out to protect retail investors losing $billions in the next crypto bull market? I remember the founder of Terra Luna try to save his stablecoin by liquidating Terra Luna bitcoin holdings but it wasn't much and was too late. How 1 man can do this in a true decentralized blockchain? Yeah, this gives us a clue that we should be careful with the projects that seems to be good and giving us a good impression. But then, they have a dark plan to take their investors money. With that, I hope that the majority of the investors will never to be a victim again with these projects but it's just so hard when many of these projects are hiding like angels at their launching and then will activate their plans ones they have gained popularity and investors confidence. When you say activate their plans once they gained popularity do you mean activate their road map or only complete the stages on their road map in bull markets only (red flag)? A genuine project still continues their road map whether its a bull market or bear market. What about Venture Capitalist coins, who have $Billions under Assets under management in their portfolios. Surely they must hire the smartest people in the world to research & choose with due diligence which altcoins are less likely to be scams right or VC's are in the scam too? |
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