Best Altcoin wallet

[stani123]

Hey there, I have bought several Altcoins and currelty just keep them Poloneix exchange, are there a good altcoins wallet to keep them all in one place
or is it safer just to keep each one separate in the developers wallet?

[robelneo]

You can use the wallet of the altcoin that you purchase,it is safe of course as long as you are the only one who holds the wallet.dat all investors and experts always advice holders not to keep all your coins on exchange there is always a risk,keep half of it in your wallet if you are an active trader..

[mocacinno]

Hey there, I have bought several Altcoins and currelty just keep them Poloneix exchange, are there a good altcoins wallet to keep them all in one place
or is it safer just to keep each one separate in the developers wallet?

I personally never keep coins in an exchange any longer than i need to in order to buy or sell... To many exchanges went belly-up over the last years.
Offcourse, you can take your change and leave your funds at poloniex, they're a pretty old exchange, but you can never be sure.

Keeping the coins in the original wallets is probably the best thing you could do, like robelneo already said: make sure you backup your wallet.dat!!!

There are a couple in-between sollutions... I tried coinomi on my android phone once (it's a wallet that supports multiple altcoins in one wallet), it seems OK: the private keys are kept on your own device and never sent to the server... It's not as safe as a good desktop wallet tough!

[stani123]

Sorry so what exactly is wallet.dat? is that the wallet that each altcoin have developed for their own coin? and you keep in of desktop?

[vhong]

Sorry so what exactly is wallet.dat? is that the wallet that each altcoin have developed for their own coin? and you keep in of desktop?

All bitcoin base altcoins have their own wallet.dat file which stores addresses together with the amount of coins you own, if you're using windows it can be found in the following directory to be exact.

C:\Users\*Your Computer Name*\AppData\Roaming\*Altcoin Name*

[Caladonian]

Hey there, I have bought several Altcoins and currelty just keep them Poloneix exchange, are there a good altcoins wallet to keep them all in one place
or is it safer just to keep each one separate in the developers wallet?

much better to have a wallet seperately from your computer if possible to download all the wallet of the coin you have and keep it staking, you will earn instead of letting the trading site to earn from your coin.

[stani123]

so basically there are no decentralized wallet that can hold most Altcoins, I need to physically dowload a separate wallet for each altcoin
for example i bought some Lisk and for the last 20 min could not download wallet from their site, the site in confusing and not user friendly

[sine_fuc]

Hey there, I have bought several Altcoins and currelty just keep them Poloneix exchange, are there a good altcoins wallet to keep them all in one place
or is it safer just to keep each one separate in the developers wallet?

It's better to use local wallet and encrypt it with pw.

[stani123]

whats pw mean?
local means the one that comes with the particular coin that you install on desktop?

[merelcoin]

whats pw mean?
local means the one that comes with the particular coin that you install on desktop?

pw usually means password
i don't know what sine_fuc means by local, but it's usually referred to as a desktop wallet, so any wallet that's installed on your desktop. Usually, for altcoins, this is indeed the "default" wallet spread by the altcoin creator, but some altcoins also have alternative local wallets (litecoin has electrum for litecoin, dogecoin has multidoge,...)