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Author Topic: Fundamental Wallets to store your BTC /Other Coins & Tokens  (Read 219 times)
thesmallgod
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July 06, 2020, 12:17:44 PM
 #21

Your narrative is just one of the many reasons why people prefer hardware wallet. In some cases people choose based on amount of coin they hold, personal attributes such as retention. Generally centralized wallet do not permit total control of your private key while the decentralized wallet allow you to manage and have full control to your private keys. MEW is a decentralized wallet but can only hold ETH and its token. Trustwallet is a better DEX wallet to opt in for.

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chichidori
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July 06, 2020, 12:33:35 PM
 #22

A hardware wallet is where you put large amount of the bitcoin and feel safe about it, while the web wallet is used into day to day trading or temporary storage of cryptos with total control of your private keys but it is never safe since phishing and website cloning is still being used to scam unsuspecting people.
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July 06, 2020, 12:54:49 PM
 #23

In my opinion any non custody wallet is a good solution for majority of users. I can recommend ownr wallet/exodus/coinomi
Coin BTC
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July 19, 2020, 09:32:23 AM
 #24

Although many people talk about wallets which brig safe to their coins/Tokens, I did speculate some issues bring me to a new way of thinking which will make people feel Safier with their Asset, Come to this point many people will point their finger to hardware wallets, which is good and somehow safe than the other but in some point of view it is not convenient since it requires me to carry it wherever I go and in order to make transactions differently from web/ app base wallet which I can Access anywhere with any computer/device which is not safe if I let track way to my wallet.

There a lot But in my point of view I think of Blockchain wallet and Myetherwallet as fundamental wallet, Ready to see community adding value to rank other wallets if any  

Today many crypto wallets also have a good reputation, and even support for all coins and tokens. Blockchain does not support all coins. How can we use one wallet? For ERC20 we might still be able to use myetherwallet. So there is no problem with varies. You can choose the best for you, and who you can trust.

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July 19, 2020, 12:44:59 PM
 #25

Each wallet has some advantages and some disadvantages but the fact is hardware wallets are one of the safest out there. But lately, I am enjoying the wallet services from trust wallet and Enjin wallet but if you want you can also give MATH wallet a try.

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crypticj
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July 19, 2020, 01:03:47 PM
 #26

There could be alot of options but they should be non-custody. Ownr wallet, exodus, etc

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elementaryOS
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July 19, 2020, 07:41:43 PM
 #27

Each wallet has some advantages and some disadvantages but the fact is hardware wallets are one of the safest out there. But lately, I am enjoying the wallet services from trust wallet and Enjin wallet but if you want you can also give MATH wallet a try.
It all about your purpose and which is convenient for that purpose like OP said. Hardware wallets are best for long time storage and the most secure but it was cumbersome for daily use. I think no wallet is completely perfect like how I like to use MetalMask for Ethereum and token for its convenience.

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pixie85
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July 19, 2020, 08:03:27 PM
 #28

(...) many people will point their finger to hardware wallets, which is good and somehow safe than the other but in some point of view it is not convenient since it requires me to carry it wherever I go and in order to make transactions differently from web/ app base wallet which I can Access anywhere with any computer/device which is not safe if I let track way to my wallet.

So you choose to compromise your safety for convenience. That's not how most crypto enthusiasts should proceed and I will never recommend it to anyone.

You also said that you are using a web wallet that can be accessed from anywhere so you don't even use a wallet on your phone but use other people's computers or public machines to transact? This is so careless I'm lost for words.


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