Hello, I'm sorry if the question has already been posted, but I didn't find my answer...
I'm starting to have quite a lot of different crypto on bittrex and I want to put them more secure. I'll move them on myetherwallet waiting to receive my ledger nano S. So I wanted to know if MEW was the best security for ERC20 tokens ?
Is it better to create 2 differents MEW wallets and splitting my coins? Or can I put everything on the same MEW wallet without danger? Maybe having 2 MEW wallet is a problem for the Ledger after?
Thank for your answer !
Yes. MEW is safe and the best security for ERC20 tokens. And as long as you have the private keys and the password backup to a safe and secure location I think you are all good. Yes, for added security you can create 2 MEW wallets and split the coins.
I feel safer stored in bittrex wallet than storing in MEW. I am afraid of fishing, some people lose their coins in MEW.
Lol. You are kidding right? What if the exchange was hack? How can you recover your funds then? As for phishing , you just need to bookmark the site. Just remember to not click anything you see on the web to above being phish. It's really up to us how to manage this as compare to a exchange where you don't have control of your private keys.