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Author Topic: Most secure way to keep your Ethereum safe  (Read 786 times)
Lanatsa
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September 26, 2017, 09:16:25 PM
 #21

I have been wondering for quite a while now.

Which is the best ETH Wallet?

Hardware Wallets = Trezor / Nano Ledger S?
Os like Ubuntu?
Anything else?

I have heard all kind of stories of people losing their Ethereums, I have even read about security issues with Trezor and now I am trying to find out the safest option to use.

I guess the safest wallets are the ones that all the new ETH ICO's are using since they are probably going to store a lot of Ethereums!

So which one do you believe is the best and why guys?


All wallets can be possibly have security problems if you do expose their keys but i dont see any problems regarding on using Trezor or Ledger since these hardware wallets i do believe are the safest one on storing your coins i dont know what you are meaning  on here saying on ETH ico's been using since i do believe they are commonly using online wallet like myetherwallet.com for sure.

R


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September 26, 2017, 09:59:03 PM
 #22

Comparing to BTC online wallets myetherwallet is safe and legit. But beware of phishing sites and use adblock. Google may shamelessly spam it everywhere. Also ledgers should be good. I don't have any of them but video overviews on youtube are promising.

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September 26, 2017, 10:04:16 PM
 #23

Use a paper wallet with an offline printer ( also erase the memory of the printer) if you just want to hold for the next years
Otherwise buy a ledger nano or a trezor, they are worth the money ( you also can trade on etherdelta with your ledger nano which is pretty cool).
Also bookmark all your crypto webpages

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September 26, 2017, 11:21:45 PM
 #24

I am using https://www.myetherwallet.com and I think it is safe.
I also use the same wallet, some safe coins are stored there.
especially ICO coins. I keep it for several months.
but must be alert with fishing, and keep the private key in a safe place.

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September 26, 2017, 11:25:36 PM
 #25

Creating a offline keystore - storing it on two different USB's in two different locations - both password protected
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September 27, 2017, 12:03:48 AM
 #26

But which wallets are the ETH ICO's using?

I also didn't get what are ETH ICO's using?  Huh
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September 27, 2017, 12:06:43 AM
 #27

I think that the best way to save your computer is air gapped computer without a network card at all. if you have an old computer pull out the network card and reinstall it completely. install linux on it and then on other computer download MyEtherWallet and move it with disc on key.. then use the MEW from there. go to myetherwallet site and click send offline transaction, it is very easy to send transactions offline so your priv key never expose to the internet. safes way.. you can never know when the ledger or trezor will be hacked.
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September 27, 2017, 12:10:13 AM
 #28

FYI, Jaxx and myehterwallet are almost the same in the sense that they are both online wallets. Both are prone to all the attacks online wallets are susceptible to.

If you are looking for a more secure way to keep your ETH safe, then a hardware / offline wallet is the way to go. That way, you lose your ETH if you lose your hardware wallet in real life and then it is your own damn fault. At least it wasn't stolen by some teenage hacker who will use your money to buy porn subscriptions.

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September 27, 2017, 01:10:41 AM
 #29

It is not recommended to keep your funds on an exchange. There are some cases that they get hacked. I recommend MyEtherWallet.com (MEW), it is considered trustworthy and fine to use. It is very convenient because you do not have to download the entire blockchain to use it. Ledger Nano S is also I wanna recommend. It is a hardware USB device that will secure your private keys. But if you lose the USB device, you'd better have backed up the seed phrase or else your ETHER is gone.

dewanaga
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September 27, 2017, 06:58:19 AM
 #30

I have been wondering for quite a while now.

Which is the best ETH Wallet?

Hardware Wallets = Trezor / Nano Ledger S?
Os like Ubuntu?
Anything else?

I have heard all kind of stories of people losing their Ethereums, I have even read about security issues with Trezor and now I am trying to find out the safest option to use.

I guess the safest wallets are the ones that all the new ETH ICO's are using since they are probably going to store a lot of Ethereums!

So which one do you believe is the best and why guys?


myethwewallet or blockchain can be a mainstay for storing some ethereum you have,
it is very safe in my opinion
CryptosD
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October 06, 2017, 09:49:26 PM
 #31

Are there any reviews on different wallets? Does anyone read smth like that? Any articles of smth?
Morguk
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October 06, 2017, 09:58:39 PM
 #32

I use MEW/Parity for casual transactions and tokens but if you want real security use a Ledger Nano S, it's amazing.

Calculate the chance of hitting a bitcoin block when solo mining at
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October 06, 2017, 10:21:27 PM
 #33

can't beat the price and safety of a paper wallet.  Store the paper in your safe.

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