TOP 6 BEST WALLETS TO STORE YOUR ERC-20

[shiming]

If you follow the safety first, it is definitely the most secure hardware wallet, but many people do not like hardware wallets. It is estimated that it is not convenient to use them. I usually use mobile wallets for bounty, such as MYkey, and Using Myether Wallet on your computer，It is also very convenient. Looking at your comments, it seems that many people think like me.

[lienfaye]

On the list, only 2 sites I used storing my ETH and ETH tokens, but mostly i just only store in MEW.
MEW now looks different compared to the past, I think they upgrade their program to give more security to the users, but never I have experience my account got compromise until now so I can say that MEW is good as long as you know how to keep your private information safe.

I agree with you, im using one wallet for storing my erc20 tokens and that is MEW. They say hardware wallet is much better because of the security but im contented using MEW, maybe because its convenient for me even im using a mobile phone to access it. Since I dont encounter any problem eversince I use it, I decided to stick to MEW.

It might not be the best but just like what you have said as long as you know how to keep the important keys to avoid your account being compromise then you're safe.

[FireBallex]

Not everyone really need a hardware wallet when mobile wallets are fully functioning well, I see no need for hardware wallet because I don't have a PC or Macbook, I'm stuck with smartphone so to use hardware wallet I will have to buy PC again

[pakhitheboss]

TOP 6 BEST WALLETS TO STORE YOUR ERC-20

CRYPTO BUSINESS

In 2017/2019, There are many projects supported by ethereum network up to this time Which makes ethereum the most popular platform for smart contracts and The most Token type under ethereum token used are ERC-20 tokens with different projects that lead to the initiative of different platforms support ERC-20 TOKENS.

This article will show the major trusted and popular wallets to store ERC-20 token. Therefore I think it is imperative to mention conditions a credible ERC-20 token wallet should meet:

Backup & restore:             To store and retrieve files easily
Compatibility:                   Works on a varying operating system
User-friendly:                   Stylish with a good UI(user interface)
Development community:  Availability of active developers
Private keys:                    You must have control over your wallet


1. Myether Wallet

Myetherwallet is an open-source web-based service wallet. It is the top choice for some when it comes to securing their ether mostly due to convenience. ERC20 token aid seamless communication with smart contracts. It is normal when people get skeptical about online storage after considering how malware and cybercrime keep increasing at every passing day. Be rest assured that your data are saved and secure because it uses a machine's browser to generate relevant data and never save any data on their server.

It is not a wise course of action to save all funds on this platform because it is an online platform, where 100% of safety might not be guaranteed. Beware of phishing sites especially. For extra safety, couple the use of Myetherwallet with a hardware wallet like ledger nano s or Trezor which necessitate all outgoing transactions with a confirmation on your hardware wallet.

2.Metamask

Metamask is a browser extension that allows the same functions, features, and ease of access like an ethereum wallet. You can interact with dAPP (distributed autonomous application) and smart contracts without stress; you don’t have to install any software, just get Metamask in your browser extension and start using a portable yet proficient wallet for your ERC20 token.

It is by far one of the most flexible web wallets, which has active development experts who have designed metamask in a way that makes it easier for investors to stay on top of the controlling of their funds through the seed words generated at first setup. This browser extension not only serves as a storage solution for all ERC20 in existence but also as an Ethereum blockchain browser where you can access other Dapps like a crypto kitty, simply amazing if you ask me.

3.Coinomi

Coinomi is a wonderful crypto wallet that provides supports to more than 70 coins. It keeps your private keys as private as it sounds, right on your device. It gives you full control of the funds and by providing you with a master password, it helps to protect your account against hackers and malware of any sort. The developers claimed coinomi as the quickest and most convenient wallet solution when it comes to cross-chain transaction and payment. One demerit is that it is still only functional on the Android platform. However, they announced some months back that they are working on the soon to be released IOS version.

4.Trust

Trust provides full support for any ERC20 and ERC223 token in the market. Albeit being lesser known to the public, Trust is a completely open-source wallet and one of the most popular option that supports not only the ERC20 but also the ERC223 token. A few unique selling points of Trust includes its introduction of Android and IOS wallets as well as its partnership with Kyber Network that will essentially allow the wallet owner to perform instant trades on a decentralized exchange. Not only, but Trust wallet also allows its users to access Dapps directly from their wallet which is made possible with the integration of the Web3 browser. It is definitely an option worth checking out.

Available  on Android | IOS

5.Parity

Parity is quite a popular choice among the Ethereum enthusiasts. It is an Ethereum client that not only allows its user to access the function of a token wallet but also features an Ethereum GUI browser like some of its counterparts ( e.g. Trust ) that provide user access to decentralized applications.  Parity is also a full node wallet and is available for multiple platforms like Windows, Ubuntu, Docker as well as OSX. The development team is also very active, constantly making releases every 6 weeks. It is believed that Parity will roll out native support for ERC223 Ethereum token in the near future which is definitely something to look forward to.

6.Mist

Mist is another wallet worth checking out. It is the so-called official ethereum wallet that is built by the same group of folks that are moving and contributing to the Ethereum Ecosystem. It is a desktop client like Parity and it has Shapeshift built-in which enables you to exchange your token right from the wallet. It supports all ERC20 tokens and provides a multisignature wallet option as well. It is by no means a lightweight client by the way as it requires you to synchroizes will all Ethereum nodes during your setup initially. Aside from that, Mist is a very powerful and convenient ERC20 token compatible wallet solution that is definitely worth considering.

More Check on:: https://bizzysumbi.blogspot.com

You missed Atomic wallet and  Exodus. Basically all wallets are good if you know how to keep them safe and secure. I have not heard or read any negative news and feedback about any wallets. The only discussion that I have read is which type of wallet is good and mostly cold wallet have been recommended.

[lizarder]

only use metamask as a wallet for PC, for now, because the security is more guaranteed and now its use is quite easy because I can transfer erc20 tokens directly from there, for mobile wallet I use trust wallet because their security is very good and there is also a walletconnect feature very helpful in my opinion.

[shoreno]

Not everyone really need a hardware wallet when mobile wallets are fully functioning well, I see no need for hardware wallet because I don't have a PC or Macbook, I'm stuck with smartphone so to use hardware wallet I will have to buy PC again

no mate you dont need a pc or a macbook/laptop before you decide if you will buy a hardware wallet or not  . i know you think that hardware wallets are like usb flash drive where they need to be inserted on pc/laptop for importing and exporting but you dont know that mobile phones right now are usb ost capable where you can also insert flash drive like devices including these hardware wallets   .  but its still up to you if you will buy or not ,  if your happy and contented about your mobile wallet then your fine   .

[George Alex]

BASE ON THE TOPIC RELAY WAS  ON THE FOLLOWING GROUNDS TO SPECULATERY THOSE WALLETS EXCLUDE  SECURITY ASPECT

1.Backup & restore:             To store and retrieve files easily
2.Compatibility:                   Works on a varying operating system
3.User-friendly:                   Stylish with a good UI(user interface)
4.Development community:  Availability of active developers
5.Private keys:                    You must have control over your wallet

But when we Add Security Aspect Hardware wallets Become the Best, But it's Costly And few people may afford that may be regarded as an unfriendly wallets in one hand, also there were several attacks when we come to metamask and because it is extension become vanulable to attacks But Cover all aspects exclude security which finds shown on the Topic , And the big issues why Security didn't put on concern because online staff may be attacked at any time that why wallets develop suppose to update after sometimes.

 

[danherbias07]

I only got MEW and Metamask.
Most of the exchange now are looking for Chrome extension of it and that is why I am using it now.

It may not sound secure for some but it is Metamask and I guess they won't stain the name of it just for some bucks.
MEW though had already been through a lot.
Phishing and other problems which they had resolved.
But for the other 4 on your list? I still don't have any idea about it. Haven't even tried it.

[isaac_clarke22]

Adding hardware wallets would be better also for security purposes.
These are pretty much free wallets mostly. I wouldn't mind investing in hardware wallets to buy, but I am not that long-term hodler yet for alts.
I just stick to MEW although I might need to create another wallet file from it.

[sana54210]

I personally prefer metamask over Mew because there was a ton of times mew got hacked and a lot of money was gone, I know that is still a viable possibility for metamask as well (I suppose?) but that doesn't change the fact that it is a safe one so far whereas mew got hacked multiple times and that is a risk I am not willing to take.

Plus, the ability to have a chrome extension as your wallet is simpler than anyone can imagine without using, its literally the best possible thing for ease of use there ever is, all other options are slightly harder, not insanely harder but serious difference when we talk about a chrome extension. Long story short pick one that you use and like, you can test all of them since they are simple to download and install, and pick the best one for you.

[Crypto5060]

TrustWallet trump most of the alternatives with its intuitive and easy to use interface. It's as secure as a hardware wallet, it is my go-to recommendation for crypto wallet.

[fullhdpixel]

I have used only three of the wallets that are mentioned here. The first one I used was Trust wallet and I used it to receive coins a few times then I dropped it and started using MyEtherwallet and after that I switched to Coinomi. Used Coinomi for quite longer than I used the other two, and then I stopped as well and started using wallets that are not for Erc20 tokens.

These wallets are good and they give you control over your assets, but when it comes to their interface, the look is often what I dislike. They carry too much features that are not hidden and not properly designed the way I would want it. You can take Blockchain wallet as an example, it’s not an Erc20 wallet but it is simple and nice.

[r32godzilla]

I recommend to use metamask wallet because, it safely stores your private key, also it supports hardware wallets, it allows you to interact with smart contracts, the payments done by metamask are much cheaper (especially when you send ERC-20 tokens) than when you send it through myetherwallet, probably they use more optimized software for calculating the lowest transaction fee (GAS) for each transaction.

[siulx]

From the aforementioned I have tried trust wallet and I really liked it for its minimalism and the layers of security it offers. Of course I imagine there must be better.

I am currently using it to save ethereum tokens as airdrops or a recent project of which I am a participant called review hunt, a crodwsourcing site which I strongly recommend to earn extra money thanks to the ease of your tasks and good payments.

[Valzador]

That's the second time in 3 posts that i see somebody mentioning a wallet callet "true wallet"? I've been around for a long time, but i can honestly say i've never heared about this wallet... Can't find it using google either... Are you shilling for this wallet, the owner, payed by the owner,... or can you honestly say you've used this (unknown?) wallet and you would vouch for it?

Just like you, I can't find true wallet on Google.
Is it possible that what he means is a trust wallet?
Their website is https://trustwallet.com/
They claim to be the official Binance wallet.

[plvbob0070]

Based on my experience, the Myetherwallet, Metamask wallet, and Trust wallet (I just recently used) are the good wallet when it comes to storing of ERC-20. In fact, in just a couple of minutes, you can instantly set up those wallets. I've trust wallet in my phone and it is also easy to set up just like other wallet and upon seeing the feedback on the play store seems many people already download this app. Aside from that, you can set up a pin code or fingerprint on the Trust wallet to add more security to your wallet and it can also able to create multiple wallet accounts. You can also use the mobile of MyEtherwallet which is the Mewconnect but as of now, I still don't have any experience with this wallet. But, I guess it just like a Trust wallet and it seems you just need to connect it in your Myetherwallet account. We should always consider the security of the wallet if we going to store our investment.

Hardware wallet can also support ERC-20 and you should add it in your choices when it comes to the best wallet for cryptocurrency. Then, do not forget to keep your private key and make a back up of it. And, Never ever share or show your private key to anyone.

[andulolika]

Craken had discovered quite a while ago a fail in the trezor wallets (no idea of others but perhaps too) that without a strong password your wallet is prone to physical cracking. No idea if it was fixed or the vulnerability is there for whoever doesn't have a password.

[Bezobraznike]

-seen-

You missed Atomic wallet and  Exodus. Basically all wallets are good if you know how to keep them safe and secure. I have not heard or read any negative news and feedback about any wallets. The only discussion that I have read is which type of wallet is good and mostly cold wallet have been recommended.

   He really missed Atomic wallet! I am using Atomic wallet for a long time, never had any issues with them. They have upgrades every once
in a while, they are adding new coins and tokens, you can stake some coins in their wallet, you can swap some coins fast, all in all great wallet,
I would recommend Atomic. They also have their own token! I know there are some benefits for their token holders but I don't know much about
that I have just around 1000 of their tokens.

[kaneki007]

In the list you made, there are only hardwallets that don't exist, maybe because it costs money to buy, but I think hardwallets are a very safe wallet for storing cryptocurrency assets. So far I only use numbers 1-4, but if I have to choose from the six I prefer metamask and trust because I almost got phished myetherwallet when I want to enter a private key.

[Doranile432]

If you follow the safety first, it is definitely the most secure hardware wallet, but many people do not like hardware wallets. It is estimated that it is not convenient to use them. I usually use mobile wallets for bounty, such as MYkey, and Using Myether Wallet on your computer，It is also very convenient. Looking at your comments, it seems that many people think like me.

Hardware wallets aren't easier to use because not every one own a PC or laptop but every one has a mobile phones with them so yes they will prefer mobile wallet than hardware wallets, if care is taken there won't be any problem using mobile wallet