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Author Topic: Where do you store your tokens?  (Read 5415 times)
wildey
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December 06, 2018, 06:29:33 AM
 #641

Hey guys, where do you store your tokens? On your ethereum wallet or on an exchange, or maybe you store your tokens somewhere else? Give me some recommendations, where my tokens will be in complete safety?

I have full confidence using mycrypto desktop wallet and Exodus they are safer and secure compare to an online based wallet, I still don't have my hardware wallet so I prefer to use this two you should only use exchange wallet, if you are going to trade.
for me, I held some coins in my wallet and on the exchanger. well, I did that to facilitate the transaction that I did between crypto and fiat. I saved some of my coins on Myetherwallet for eth platform coins, and desktop wallets for other types of coins.

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December 06, 2018, 09:29:26 AM
 #642

On various exchanges, because you should be very careful with your funds. Never hold everything in one wallet and if you are holding tokens, create 5-10 MEW wallets to store your tokens there. Otherwise the risk of getting hacked is pretty high.
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December 06, 2018, 09:54:21 AM
 #643

I recommend just holding your token in MEW but, use additional security like the MetaMask for example so that it will make your wallet safer, if the exchange is afraid the exchange will be hacked and all your assets lost
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December 06, 2018, 10:05:18 AM
 #644

Safest were Hardware wallets , it cost around 100$ more or less , although the tokens they support are kinda limited excpt for ETHEREUM tokens ( ERC20 ) Which you can use via accessing into ( Myetherwallet or mycrypto ) if you dont like to spend 100$ Metamask can do the job, its userfriendly so you dont have to get so techy to be able to useit

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December 10, 2018, 01:05:08 AM
 #645

A word of advice, if your tokens are not intended to make trades and you want just to store it, you can put it on your MEW wallet backed by metamask to ensure good security. But much better for hardware wallet. Never store your tokens on the exchange to avoid token loss.

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December 10, 2018, 07:32:56 AM
 #646

well there are too many wallets but most of the people here uses MyEtherWallet to store their tokens.
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December 10, 2018, 08:12:35 AM
 #647

It will be safer if you store your tokens in more than one place, whether wallet or stock. This was done to avoid hacking and other acts of fraud. In addition, your tokens can also develop better, if you feel your token is not good enough, you can transfer it to other more promising coins. So that the value in the token can continue to increase and the profits you get will be higher.
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December 10, 2018, 08:18:23 AM
 #648

if I'm not going to store on an exchanger it is safer to store it on myetherwallet with the note that it doesn't use private keys when accessing metamask to make it safer from phishing and fraudulent links
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December 10, 2018, 09:15:56 AM
 #649

Hey guys, where do you store your tokens? On your ethereum wallet or on an exchange, or maybe you store your tokens somewhere else? Give me some recommendations, where my tokens will be in complete safety?

I store my tokens in myetherwallet, that is a site and you can create a wallet to that site. myetherwallet is one of the best safe and secured wallet, easy to release the coins also if you applied metamask it will be more safe and secured because you can check your balance and tokens without entering your private key. Smiley
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December 10, 2018, 09:22:18 AM
 #650

Only on my MEW wallets, because I do not like any other wallet and I do not see any alternatives. You can store your tokens on MEW wallets and coins can be store on the Ledger wallet, to be completely safe.
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December 10, 2018, 09:27:26 AM
 #651

I'm using Metamask, it's quite convenient and safe. If you want to be more secure, choose a wallet. The simplest way is to create a wallet, write a private key on paper, hold it carefully and erase all PK traces on your computer.

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December 10, 2018, 09:29:35 AM
 #652

I stored most on them on my etherwallet but with the advent of metamask, i synchronized my ether with metamask which i feel is a bit secured.
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December 10, 2018, 09:42:51 AM
 #653

Hey guys, where do you store your tokens? On your ethereum wallet or on an exchange, or maybe you store your tokens somewhere else? Give me some recommendations, where my tokens will be in complete safety?

I stored all my tokens in myetherwallet, but if the coin is listed on an exchange i store it in some exchange and hold it for a long time. Smiley In myetherwallet, it is safe and secured but there are so many hackers will try to phishing you, so you must be aware and do not paste your private key anywhere.
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December 10, 2018, 09:45:21 AM
 #654

They say that the most reliable way to store cryptocurrency is a “cold” wallet. I think that this is true, but personally I keep my tokens on the stock exchanges.
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December 13, 2018, 04:49:36 PM
 #655

I always use Myetherwallet to store my ERC-20 tokens.
I feel more safe with that, some of my holdings are on the exchange because i did put a sell order on it.
There are some wallets taht we can choose to use like NEO and NEM wallet.
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December 13, 2018, 04:49:40 PM
 #656

I store my tockens on exchanges and mew, but I am going to store in ledger wallet, just received it.
I think it is more secure, there aren't problems with tokens in ledger

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December 13, 2018, 04:54:18 PM
 #657

After a year ago, all the tokens were stolen from me, I bought a trezor and now I only keep all the funds there. And I advise you not to save on a good wallet to anyone who has serious funds in cryptocurrency, once bought and secured himself completely.

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December 13, 2018, 04:57:22 PM
 #658

Every erc 20 token i hold on eth wallets, even if they have their own wallet, because i`m too lazy. And all my passwords and etc i prefer to write on paper. That`s it

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December 13, 2018, 07:17:14 PM
 #659

For ERC20 tokens, I use MEW, but definitely through the MetaMask. You can also use hardware wallets, for example Ledger Nano S or Trezor.


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December 13, 2018, 08:19:13 PM
 #660

Your tokens are your monies in disguise so where you store it is very necessary. There are so many wallets in the system, some tokens even comes with their own wallet but most ICO's depend  on ether wallet. Anywhere you save your monies will be safe since it safety is always in your hands. All you need to do is to keep the password or private key intact and safe. You lose it and that is all.

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