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Author Topic: How do you store your altcoins?  (Read 156 times)
E-Verify
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June 17, 2018, 07:42:41 PM
 #21

Try using MyEtherWallet combined with some of the cold wallets like Ledger. Pretty safe

Yes suitable for Ethereum based tokens and secured
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Avalonist
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June 17, 2018, 08:19:44 PM
 #22

im keeping all my altcoins on exchanges, cause there are cases when you need to sell them fast
all the tokens are kept on myetherwallet and Ledger hardware wallet for safety reasons
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June 17, 2018, 10:00:29 PM
 #23

Personnally, I keep all altcoins(tokens ERC20) in my MEW wallet. If they are not tokens then I keep them in my pc in their respective wallets.
Like most, I am not in favor of leaving the coins in the exchanges unless it is of short duration to perform trading because you don't have total control over your wallets (private keys).
I also have an altcoin in a paper wallet that is a very safe way to hold.

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June 18, 2018, 12:15:53 AM
 #24

If you have a lot of money you need an hardware or paper wallet for a better safety.
jupyterxxx
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June 18, 2018, 03:21:10 AM
 #25

Definitely not on the exchange. For large amounts, you should store it onto your own personal wallet (eg: ERC-20 compatible tokens in wallets such as MEW, Metamask, etc). Not safe at all to store large amounts on exchanges. But then again, even personal wallets can be hacked. I believe the safest is still cold wallet storage if you are looking of amounts that are large, like 6-digit onwards
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June 18, 2018, 05:46:41 AM
 #26

I didn't find any purse that could use all the coins, so I would sell it for ether every time and put it on the exchange so I could buy and sell at any time.
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June 18, 2018, 02:59:27 PM
 #27

I am a great fan of the offline wallets and I believe that we should keep our funds with ourselves to get the real benefit of cryptocurrencies. As we all know that crypto is all about the self responsibility, we must take required precautions while using it. Thus, not only Bitcoin but I also hold my alt-coins in offline wallets.

nguyenvinh273
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June 18, 2018, 04:01:22 PM
 #28

Are you keeping them on the exchanges or downloading a wallet for each altcoin you buy? is there a multi wallet that has support for many altcoins?
I store my sub altcoins through MyEtherWallet (MEW). and altcoin investments at Ledger Nano S Cryptocurrency hardware wallet. You can refer to the web address : www.ledgerwallet.com
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June 18, 2018, 07:58:38 PM
 #29

I don't have a lot of altcoins so I just leave it on the exchange if I expect the price of it go up short term. Even if the exchange runs away with it it's not a big loss for me.
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June 18, 2018, 08:13:18 PM
 #30

If I have made a lot of purchases and do not plan to sell, I am sending my wallet. If I do not send help but buy. and I am shopping from major sites. I think that if they have security weakness because they are world famous, they will meet them. But of course there is still uncertainty and guarantee when it is crypto.

chulos
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June 18, 2018, 11:16:13 PM
 #31

If you trade coins, you can keep them on the exchange. But if not, it will be better to have them in the software wallet or hardware wallet. If you own the erc20 tokens, MEW is a good choice.
There are also many wallets for multiple cryptos, for example

Coinomi - This is the wallet that contains the largest amount of cryptos.
Exodus - Exodus offers the exchange of certain cryptos between them without having to send them to the stock exchange.
JAXX - You can safely store your tokens in it. There is also a mobile version.
CarolineCSY
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June 19, 2018, 01:36:23 AM
 #32

Keep them in my wallets Cool Cool Cool
aywing
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June 19, 2018, 02:58:28 AM
 #33

I use Ledger Nano S
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June 19, 2018, 09:03:23 AM
 #34

I chose to keep altcoins on the stock exchange. Of course there is a risk that the exchange will be hacked. But I have orders for all my coins and if the price starts to fall, I will keep my money in Fiat.

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June 19, 2018, 09:32:29 AM
 #35

Put it in your wallet so that you can rest assured. If the exchange is hacked then I will lose all the money.
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June 19, 2018, 10:42:42 AM
 #36

I use online wallets. I believe that this is one of the safest ways to store cryptocurrency. It is very simple.

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June 19, 2018, 11:06:53 AM
 #37

There are exchanges in my currency, of course, the best exchanges, and then do the strictest security measures.
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