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Author Topic: Which wallet to use?  (Read 20797 times)
Bmag (OP)
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December 18, 2018, 08:23:27 AM
 #1

Which perks and features should one look for in a wallet?

Thanks in advance
CrowdforAngels
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December 18, 2018, 08:47:46 AM
 #2

It depends on your preference. If you are using a mobile, you need something light, agile and secure with a good user interface - after all, instructing transfers on a bad app would be hard - I like IMToken wallet

As for a laptop, im old school and like the ethereum wallet from Github - but Metamask is also a great browser experience.

Then depending on how much you holding, will lead you to a hardware wallet - I use Ledger Nano.
tolgahanuzun
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December 18, 2018, 08:59:52 AM
 #3

For ETH tokens, I use MEW. Reliable and easy to use wallet.


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Bmag (OP)
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December 18, 2018, 10:10:13 AM
 #4

It depends on your preference. If you are using a mobile, you need something light, agile and secure with a good user interface - after all, instructing transfers on a bad app would be hard - I like IMToken wallet

As for a laptop, im old school and like the ethereum wallet from Github - but Metamask is also a great browser experience.

Then depending on how much you holding, will lead you to a hardware wallet - I use Ledger Nano.


Thank you. Would you recommend a source (eg. book, website, other) that explains the technicalities of how a wallet work?

I would focus more on ICO long-term investing rather than frequent trading so I would like to understand which specific features I should look for in a wallet.


 
For ETH tokens, I use MEW. Reliable and easy to use wallet.


What is the difference (if any) between MEW and the Ethereum wallet sponsored on the Ethereum website?


Thanks again to all
damberg
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December 18, 2018, 10:38:16 AM
 #5

It depends on your preference. If you are using a mobile, you need something light, agile and secure with a good user interface - after all, instructing transfers on a bad app would be hard - I like IMToken wallet

As for a laptop, im old school and like the ethereum wallet from Github - but Metamask is also a great browser experience.

Then depending on how much you holding, will lead you to a hardware wallet - I use Ledger Nano.


Thank you. Would you recommend a source (eg. book, website, other) that explains the technicalities of how a wallet work?

I would focus more on ICO long-term investing rather than frequent trading so I would like to understand which specific features I should look for in a wallet.


 
For ETH tokens, I use MEW. Reliable and easy to use wallet.


What is the difference (if any) between MEW and the Ethereum wallet sponsored on the Ethereum website?

Thanks again to all

Try this article to get better understanding of how wallets work - Cryptocurrency wallet guide.
I don't know what wallet is sponsored on Ethereum website but you cannot make a mistake with MEW.
Levyathan
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December 18, 2018, 10:44:57 AM
 #6

Depends on what coin would you want to keep. If you are a newbie and don't have any experience, I'd prefer to use Jaxx as there are multiple choice of wallets you can chose.
plvbob0070
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December 18, 2018, 11:03:10 AM
 #7

Which perks and features should one look for in a wallet?

Thanks in advance
You can choose wallet in which you are personally handling the private key. In this case, you have total control and a little bit of assurance about your money and transaction rather than relying on exchange's wallet address.
bitmattrix88
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December 18, 2018, 11:10:47 AM
 #8

Which perks and features should one look for in a wallet?

Thanks in advance
Now most value coins come to market with ERC20 based blockchain technologies. So i suggest to store thats coins in myetherwallet. Myetherwallet is best assets and secure wallet.

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10BTCaDay
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December 18, 2018, 11:31:52 AM
 #9

no need to look for any privileges in a wallet. you need to look first for safety. The wallet you choose to save what you earn.

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December 18, 2018, 11:32:33 AM
 #10

I don't think you should check for features about wallets to use.

The only thing that matters is security. If it is secure enough you can use it.

dhiraj0977
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December 18, 2018, 11:38:54 AM
 #11

I suggest MEW, as convenient to handle the wallet, withdrawal and deposit is quick, but just be sure to never, ever share private key with anybody.

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Red-Apple
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December 18, 2018, 11:45:32 AM
 #12

Which perks and features should one look for in a wallet?

- being open source
- being reviewed by you of if you don't have the ability, being reviewed by enough experts in the field so that you can be sure it doesn't contain bugs or malware that lead to money loss/theft
- being old. which is somewhat like the previous one but it also means that possible bugs that aren't seen by devs are found

then you can look for secondary things such as
- being easy to use
- being light weight
- having certain features such as usage as cold storage in an easy way
- ...

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Deagle21
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December 18, 2018, 11:59:13 AM
 #13

To my opinion  the wallet should be safe and convenient to use. I also prefer wallets which have a desktop version
Alluro
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December 18, 2018, 12:26:39 PM
 #14

The security is a first and important thing. Next one is, you own the private keys. Then don't use exchanges wallets to store your coins. I believe those 2 things are very important before you choose a wallet. I would like to add an extra thing to this post. The thing is, please keep safe your wallet private keys. Then don't put your private keys anywhere like airdrops or bounties. Beware with phishing scams.
Ryananda
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December 18, 2018, 12:42:04 PM
 #15

I myself use the imtoken wallet to store a few coins in it, and other wallets are also needed like eos and nem wallets, because there are coins that are not erc20 but can be stored in the wallet I mentioned earlier.
zabir.brutov
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December 18, 2018, 12:51:39 PM
 #16

I like to use MEW wallets to store my tokens, because they are the most comfortable to use. But if you are afraid of fishing websites or hackers, buy a ledger nano wallet and stay calm for your savings.
hardhardy
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December 18, 2018, 12:57:01 PM
 #17

Which perks and features should one look for in a wallet?

Thanks in advance
You might need to tell us which crypto you need a wallet for.
Ledger usually covers everything (except monero) - and it's a safe hardware wallet. If you have more than $500 in crypto it's usually worth the investment.
Otherwise I use bitcoin.com wallet on my phone and MEW for some quick transactions.
babyxxbaby
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December 18, 2018, 01:57:22 PM
 #18

I use a separate computer to access my wallet. So I'm comfortable with MEW and MetaMask. Metamask is convenient because you can add a lot of your wallets to it, in some cases it is convenient to receive tokens. Most often I use MEW because I have long been accustomed to it and I like its simplicity and functionality.
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December 18, 2018, 03:28:36 PM
 #19

Which perks and features should one look for in a wallet?

Thanks in advance
I will put all of my attention to the security of the wallet. Remember the developer which has focussed the development on the security to decrease the bug or at least give the more protection to our money will become the main thing. A lot of wallets get hacked in the past and we should learn a lot from there. EIDOO, Imtoken, exodus and they are all seem good to me

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Sinone
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December 18, 2018, 03:49:12 PM
 #20

If you are a newbie no need to check for features for storing your coins in safe and sound you can go for MEW. I myself use this wallet which is very easy to use and provides the best security. So you can also use MEW.
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