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Author Topic: Where do you store your tokens?  (Read 5415 times)
NikoF (OP)
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June 15, 2018, 02:50:44 PM
 #1

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?

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June 15, 2018, 02:54:33 PM
 #2

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?
For now, keep your coins on MyEtherWallet, and then purchase a hardware wallet, such as a Ledger. In no case do not keep tokens on exchanges. Exchanges are often hacked and you risk being left without them.
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June 15, 2018, 02:59:02 PM
 #3

I don’t suggest storing your tokens in exchanges. It is better to store in a wallet you control the private keys. Myetherwallet is a free wallet, you can get your own wallet within 1 min.

You have to safeguard your own wallet by ensuring you are accessing the correct website of myetherwallet and keep your private key safe.

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June 15, 2018, 02:59:28 PM
 #4

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?
On software wallets but the most secure are hardware and paper wallets. The best software wallet is myetherwallet. Try not use web wallets and crypto exchanges as wallets, it's not secure
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June 15, 2018, 03:00:09 PM
 #5

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?

The best choices of all time are MyEtherWallet and MetaMask!

According to the contract I will distribute them in both of them and will keep it there only as long as I dont want to exchange them.

Its highly recommended not to store your coins over the exchangers though it is simple to access your coins for quick trades. Exchangers are very much vulnerable to the hacks these days and lot of news are already on the frontline.

So its just the ERC20 standard wallets and no where.

 
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June 15, 2018, 03:00:39 PM
 #6

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 think this topic has been raised here more than once. Use the search. All eggs in one basket should not be folded
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June 15, 2018, 03:02:31 PM
 #7

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?

My last bought i done in Revolut. This is something like virtual bank, opinions about is are very promising and i trust this wallet. My ethereum is safe and i have not problems with buying and selling my coins. The only problem is availability of only a few coins
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June 15, 2018, 03:05:32 PM
 #8

for the short term I keep it in myetherwallet, I also often keep it in the exchange, but not for long or just for the needs of trading. if to keep in the long term then I like and choose the hardware wallet to keep all the assets I have.
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June 15, 2018, 03:12:24 PM
 #9

As of now I keep my coins in my etherwallet. I secure my wallets carefully. Do not give your passkey to anyone so that it will not be hacked by someone, just use metamask so that it will not be hacked then do not used your mobile phone for opening your wallet because you cannot use metamask on your phone. And it can be hacked by others if you use your mobile phone. If you can buy a hard wallet much better so that it will not be hacked by others. In using mobile phone you can go to a phosing site that someone can get your passkey.
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June 15, 2018, 03:15:44 PM
 #10

The tokens first rest in my usual personal address whose private key is saved with me.
If I intend to hold the token for a long term, I transfer them to a dedicated address with private key.
If I intend to trade them, I transfer them to my exchange wallet.
I use the private keys in myetherwallet for sending purpose while I also use it in metamask for decentralized trading.
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June 15, 2018, 03:16:06 PM
 #11

for the short term I keep it in myetherwallet, I also often keep it in the exchange, but not for long or just for the needs of trading. if to keep in the long term then I like and choose the hardware wallet to keep all the assets I have.

The Trezor wallet is one of the oldest hardware wallets in the cryptosphere and it is no surprise that it supports all ERC20 tokens. Just like Ledger, Trezor too comes with an OLED screen, seed key feature, PIN code protection and passphrase features to secure your ERC20 tokens. Also, Trezor’s development team is very active and respected in the community.
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June 15, 2018, 03:20:44 PM
 #12

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?
Myetherwallet is more than enough to protect your token so you should looking to some other promising wallet.
 Hardware wallet is good for your future journey and my suggestion is hardware wallet also not a best one in all the ERC based token so MEW is the right platform.

 
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June 15, 2018, 03:23:04 PM
 #13

for the short term I keep it in myetherwallet, I also often keep it in the exchange, but not for long or just for the needs of trading. if to keep in the long term then I like and choose the hardware wallet to keep all the assets I have.

The Trezor wallet is one of the oldest hardware wallets in the cryptosphere and it is no surprise that it supports all ERC20 tokens. Just like Ledger, Trezor too comes with an OLED screen, seed key feature, PIN code protection and passphrase features to secure your ERC20 tokens. Also, Trezor’s development team is very active and respected in the community.

For me MyEtherWallet is my wallet storage of my tokens and it is a web-based open-source wallet written in Javascript. It is a user-friendly application for securing Ether, ERC20 tokens and interacting with smart contracts.

It claims to be an offline wallet as it uses a machine’s browser to generate necessary data, and nothing is ever stored on MyEtherWallet servers. Also, you get the private key control so you need not trust any third party for the security of your funds.
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June 15, 2018, 03:27:27 PM
 #14

I store my tokens on my ether wallet they are good to store value, I hope you have plenty of hard wallet in you so you can save a lot of coins in the future and don't ever sell anything.
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June 15, 2018, 03:29:21 PM
 #15

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 do have my nano ledger, if I plan to store an altcoin or even bitcoin, I do keep it there, hardware wallet is better wallet than mew or even on an exchange. because you are the only one who has the access on it.
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June 15, 2018, 03:32:13 PM
 #16

Keep your tokens on MyEtherWallet, it's safer there, do not keep the private key on the computer!
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June 15, 2018, 03:32:19 PM
 #17

Quote
For now, keep your coins on MyEtherWallet, and then purchase a hardware wallet, such as a Ledger. In no case do not keep tokens on exchanges. Exchanges are often hacked and you risk being left without them.

Yes I think it is not good to store your token on exchanges, I knew that there is s times that when you store token or any coin on exchanges there are possibilities that it could b hacked. Base on my studies there are exchange that hacked before and sometimes the token that you store inside has chances to steal or disappear. So for me it is better to store your token in your Myetherwallet or in any private wallets.
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June 15, 2018, 03:34:20 PM
 #18

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 think ImToken is a great place to store coins because of its good security system as well as many people who use it to store their coins. But maybe you should first see how ImToken works.
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June 15, 2018, 03:35:55 PM
 #19

I store my token from bounty in just my exchange site. Except I invest with bigger amount I will store it on online wallet or buy hardware wallet. But I think for just bounty token, i think just keep it on exchange site is enough except you earn big token.
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June 15, 2018, 03:36:34 PM
 #20

I store mine on MyEtherWallet. If you use MEW is conjunction with MetaMask it's pretty safe. I don't recommend storing big amounts of tokens on exchanges if you are not going to trade them regulary. In this case, the risk of losing them is much higher.

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