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Author Topic: Where to store theta token?  (Read 183 times)
Malvika_sitlani (OP)
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April 01, 2020, 09:29:12 AM
 #1

I wanted to buy some theta token but I am confused about whether I should store it in my paper wallet or some specific wallets supported by this token. Please suggest.

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April 01, 2020, 09:35:33 AM
 #2

Well if you want to store your theta token on hard ware wallet ledger and Trevor are good options
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April 01, 2020, 09:54:21 AM
 #3

You can use Trust wallet or Atomic wallet.
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April 01, 2020, 10:37:37 AM
 #4

Whenever you want to store a new coin, the best thing you can do is to visit the official website and check if there is any official or any other recommended wallet. (Be careful of fake websites)
I just checked Theta Token official website
You can create a wallet through their website. It gives you a the keystore file, the mnemonic phrase and your private keys.


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April 01, 2020, 10:48:37 AM
 #5

Trust wallet is a good option if you want to store it on your phone. This is one of the best wallets I know, so you will be safe to use it and without any security issues. In addition, you can also use their wallet on the computer: https://wallet.thetatoken.org/unlock/keystore-file

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April 01, 2020, 11:09:13 AM
 #6

I wanted to buy some theta token but I am confused about whether I should store it in my paper wallet or some specific wallets supported by this token. Please suggest.

If the token is base on ethereum platform then you can use metamask , myetherwallet , trust,imtoken to make your wallet all is good wallet you just need to check what wallet is you prepared to use.


Just do not forget to save your key's in a secured place . You can also buy a trezor wallet if you want much more secured wallet.
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April 01, 2020, 11:20:40 AM
 #7

I wanted to buy some theta token but I am confused about whether I should store it in my paper wallet or some specific wallets supported by this token. Please suggest.

Just as most users have already replied, trust wallet is your best option, and not only will you use it for this particular token but can also use it for other altcoins as well as Bitcoin. Secondly, in case of another time, visiting the telegram group of the project in question will give you first hand Information on what you need thus ensuring your security. In whichever case, remember to save your private keys or mnemonic phrases accurately.
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April 01, 2020, 11:23:55 AM
 #8

Although it is a risky option, you can keep it in your wallet of your Binance account, but many people, including me, will not give advice. For this reason, I can suggest Trust wallet which is among the reliable wallet services. Although this project belongs to Binance service, I think you can use it very comfortably as it is a wallet service. This is the only advice I can do as I usually do not store too many alternative cryptocurrencies, I don't know any other reliable alternative money wallets.
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April 01, 2020, 12:34:10 PM
 #9

I wanted to buy some theta token but I am confused about whether I should store it in my paper wallet or some specific wallets supported by this token. Please suggest.
Why don't you use their wallet. I don't hold this altcoin, but when I went through their website and checked, I saw that they had a wallet like myetherwallet, so I think it's best to use their wallet to store theta.

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April 01, 2020, 01:17:05 PM
 #10

I wanted to buy some theta token but I am confused about whether I should store it in my paper wallet or some specific wallets supported by this token. Please suggest.

Paper wallet for holding your Theta is a safe option, no doubt there. Other safe option would be to hold them in a Ledger or Trezor hardware Wallet. It all depends on the accessibility of the coin. If you hold them in a Paper wallet it would be a pain to enter the private key or mnemonic while transferring while hardware wallets are easy to connect. An app like Trust Wallet is a bit more easier to access but I wouldn't suggest you hold large amounts of coins in your phone.   
Malvika_sitlani (OP)
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April 02, 2020, 09:56:25 AM
 #11

Whenever you want to store a new coin, the best thing you can do is to visit the official website and check if there is any official or any other recommended wallet. (Be careful of fake websites)
I just checked Theta Token official website
You can create a wallet through their website. It gives you a the keystore file, the mnemonic phrase and your private keys.


Definitely, I will go through their website, I will try to create one and will see if it works fine.

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April 02, 2020, 10:14:26 AM
 #12

I wanted to buy some theta token but I am confused about whether I should store it in my paper wallet or some specific wallets supported by this token. Please suggest.
Hi there theta is not a token, it runs on a separate blockchain technology, not ERC20 or token, you will need to head to their official website and download the wallet separately, theta project ain't bad at all, it's now 50% down from its ATH in 2017, it's a good buy now

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April 02, 2020, 10:51:27 AM
 #13

I wanted to buy some theta token but I am confused about whether I should store it in my paper wallet or some specific wallets supported by this token. Please suggest.
Hi there theta is not a token, it runs on a separate blockchain technology, not ERC20 or token, you will need to head to their official website and download the wallet separately, theta project ain't bad at all, it's now 50% down from its ATH in 2017, it's a good buy now

In that case he need to download the wallet suggested by that coins.

He need to have a pc to download the wallet and visit the ann to see the link where to download it.


Edit.
I checked the ann actually the token words isbelong to thier name base on the ann .


Directlink to download the wallet https://wallet.thetatoken.org/unlock/keystore-file



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April 02, 2020, 11:02:23 AM
 #14

I wanted to buy some theta token but I am confused about whether I should store it in my paper wallet or some specific wallets supported by this token. Please suggest.
Hi there theta is not a token, it runs on a separate blockchain technology, not ERC20 or token, you will need to head to their official website and download the wallet separately, theta project ain't bad at all, it's now 50% down from its ATH in 2017, it's a good buy now
It is foolish to compare the current price with ATH in 2017. And if it has only decreased by 50% since 2017, it is likely that it will continue to decrease in the future. I have seen a lot of altcoins crash since 2017, its price has dropped 10-100 times compared to ATH. So we should not invest in altcoins right now, we should only invest in Bitcoin or continue holding USDT and wait

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April 02, 2020, 11:09:16 AM
 #15

You can use Trust wallet or Atomic wallet.

I agree with you, these are the most trusted free wallet oit there in the market now and they're well trusted. I think the token in question is not an Erc20 token so ATOMIC WALLET should be a good option as it supports many currencies from different blockchain.

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April 02, 2020, 11:11:54 AM
 #16

A hardware wallet will be the best option to hold it! I saw in Ledger that it has Theta option too! Therefore, you can use the Trust wallet, the best crypto mobile wallet ever! It's safe and secure! If you don't feel safe there, you can directly ask the team about your concern! Theta project has an active telegram group to support. For your help, go here, https://t.me/thetanetwork

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April 02, 2020, 11:22:50 AM
 #17

Paper wallet, hardware wallet are all good, but, do you have Trust wallet? It is actually one of the best multi-cryptocurrency wallet we have today. You can try it out, it is easy, convinent as well as supports a good variety of other tokens and coins. Just a quick heads up, always ensure you take neccessary steps to secure your wallet and assets. For more future help about theta and questions always consult their website or telegram group for more enlightenment, because they know the best.

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