Wallet for different altcoins.

[bearexin]

New to the scene here and I have a question. When you mine for different altcoins, do you have to have different wallet for each? Or you can have 1 wallet and use it for all the altcoins you mine?

Lets say I have a wallet in |Trust Wallet, can I use that address for storing different altcoins that I mine?

I hope that you understand what I'm trying to say. Sorry but my English is not so good.

No man, you don't use the same address for storing different coins, but you can use the same wallet to store many coins. There is a difference between wallet and addresses. Wallet is where all your coins are stored, while an address is unique to every coin there is. If you send a bitcoin to an Ethereum address it will get lost, the same thing if you do the same for other coins.

If you're making use of the Trust wallet then you should add the coins you want to be storing in that wallet and when you click on them you will see an option to either send or receive. You click on the receive button and it will bring up the unique address for the coin you're about to receive and you can copy it before sending. For bitcoin addresses, electrum is also supporting us by giving new address if we opt for change to be used in options.

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[J1mb0]

Keeping all your money in one wallet is not a wise choice, you could lose your entire fortune if you encounter a fraud or lose your wallet.
Dividing assets into parts and keeping them in different wallets is a choice many people use. Ideally, you should use a separate wallet for each altcoin that you are holding.

[pandanaran]

if I'm not mistaken, the coins produced from mining have different wallets that fit their platform. I mean, it's not much different, like new tokens or coins generated from the erc20 Platform, so it can be stored in the form of a Myetherwallet wallet, Trust wallet and the like that are related to the erc20 platform.

[nikki4]

Hello all,

New to the scene here and I have a question. When you mine for different altcoins, do you have to have different wallet for each? Or you can have 1 wallet and use it for all the altcoins you mine?

Lets say I have a wallet in |Trust Wallet, can I use that address for storing different altcoins that I mine?

I hope that you understand what I'm trying to say. Sorry but my English is not so good.

You can store several coin in one wallet as you know trust wallet. I don't suggest you to store in trust wallet, single wallet isn't secure for all coin although trust has some issue. All top coin is supporting by several wallet even new wallet but for long time you should use different wallet for different coin.

[Jateng]

if I'm not mistaken, the coins produced from mining have different wallets that fit their platform. I mean, it's not much different, like new tokens or coins generated from the erc20 Platform, so it can be stored in the form of a Myetherwallet wallet, Trust wallet and the like that are related to the erc20 platform.

If its an ERC20 token then it can probably in different wallets which supported by ETH. If its a different token then I suggest to generate different wallet. You can easily create a multiwallrt in Trust Wallet, it safe since you have the only one who can access your wallet. There's no issue yet in using Trust Wallet or Myetherwallet. You can access them easily and monitor always.

[Kotone]

Hello all,

New to the scene here and I have a question. When you mine for different altcoins, do you have to have different wallet for each? Or you can have 1 wallet and use it for all the altcoins you mine?

Lets say I have a wallet in |Trust Wallet, can I use that address for storing different altcoins that I mine?

I hope that you understand what I'm trying to say. Sorry but my English is not so good.

There is no mining for tokens so what you stored in your trust wallet cannot generate any income from mining. Maybe staking by holding but only coins that are intended for mining should have their own wallet like bitcoin and ethereum.

The purpose of multi wallet such as trust wallet is only for storing and not for mining. Hope I help you OP.

[bits4books]

Exodus wallet the best one
Has a beautiful interface, supports even the most useless shitcoin.
And non-custody as a nice addition.

[Grumbled]

Hello all,

New to the scene here and I have a question. When you mine for different altcoins, do you have to have different wallet for each? Or you can have 1 wallet and use it for all the altcoins you mine?

Lets say I have a wallet in |Trust Wallet, can I use that address for storing different altcoins that I mine?

I hope that you understand what I'm trying to say. Sorry but my English is not so good.

I think it is safe if each token has there own wallet for ERC20, because if you will choose one wallet in a different altcoin that would be risky I guess. Aside from that, I had no question about using one wallet in different coins. However, the decision still remain in your hands of course.
good day.

one wallet for most or major Altcoins is achievable I have come across many wallets that are cross blockchain for example. The hybrid wallet supports 32 blockchains. They are not just popular

[itsv]

Exodus wallet the best one
Has a beautiful interface, supports even the most useless shitcoin.
And non-custody as a nice addition.

yes a very good wallet for storing multiple coins/tokens. However I would suggest you to store Ether based tokens in myehterwallet use metamask browser extension. And for coins it would be good to store them in official wallet for each coin. I know it's bit hectic but there is a saying "Don't put all your eggs in one basket" So for better security you should consider this.

[@baoli]

Tokens are built on different block chain that has it's own native coins.  For example, Bitcoin, Ethereum, EOS, TRX, OMNI etc. So I will advice if you are mining get a particular coin wallet where the token is..but if it is to just hold you can use the multiwallet like atomic wallet, coinomi, yrustwallet, Mathwallet.

[Doranile432]

Hello all,

New to the scene here and I have a question. When you mine for different altcoins, do you have to have different wallet for each? Or you can have 1 wallet and use it for all the altcoins you mine?

Lets say I have a wallet in |Trust Wallet, can I use that address for storing different altcoins that I mine?

I hope that you understand what I'm trying to say. Sorry but my English is not so good.

You don't need another wallet cos trust wallet can handle many altcoins out there, all presently profitable coins to mine are available on trust wallet so no problem at all

[gwaposakon]

Hello all,

New to the scene here and I have a question. When you mine for different altcoins, do you have to have different wallet for each? Or you can have 1 wallet and use it for all the altcoins you mine?

Lets say I have a wallet in |Trust Wallet, can I use that address for storing different altcoins that I mine?

I hope that you understand what I'm trying to say. Sorry but my English is not so good.

I am using exodus for storing many of my altcoins. So far it has not given me any problem. Exodus is available in desktop and mobile devices and is an easy to use multi-currency software wallet. For me the wallet excels in its simple design and easy to navigate user interface. It has also superb online support. You can even generate all private keys for every altcoins stored in the wallet and lets you also exchange between currencies.

[Kvalentine]

Hello all,

New to the scene here and I have a question. When you mine for different altcoins, do you have to have different wallet for each? Or you can have 1 wallet and use it for all the altcoins you mine?

Lets say I have a wallet in |Trust Wallet, can I use that address for storing different altcoins that I mine?

I hope that you understand what I'm trying to say. Sorry but my English is not so good.

You will need to create multi wallet account on trust wallet, this will give you access to every altcoins you desire, you can always add or remove, from litecoin to enjin address, trust wallet got you covered, if you aren't satisfied with trust wallet then look for others like atomic or monarch wallet

[giammangiato]

Hello all,

New to the scene here and I have a question. When you mine for different altcoins, do you have to have different wallet for each? Or you can have 1 wallet and use it for all the altcoins you mine?

Lets say I have a wallet in |Trust Wallet, can I use that address for storing different altcoins that I mine?

I hope that you understand what I'm trying to say. Sorry but my English is not so good.

hello, I personally use various multicoin wallets, the best solution to keep all your coins in one place, trustwallet is the one I use most for the various erc20 tokens and for many coins that I keep, even coinomes can be an excellent alternative. I also use freewallet to quickly exchange many coins that are not supported in the exchange where I am registered. the latter to be used with caution since it does not give the possibility of having a recovery phrase

[takana212]

Of course, because Trust Wallet supports many types of altcoin, but it all depends on the coins that you mine because there are some coins that provide desktop wallets, where we have to install a wallet on our PC.

[siddartha1492]

First make sure to check if the altcoins you are mining are ERC-20 token standard tokens of Ethereum network. If yes, then you can use many wallets like Trust, Enjin, Ledger etc to store them. But if they are not then you will most probably need to download their own wallets.

[Kisifer]

Thanks to each one of you for the great info. I understood that you can store you mined coins in a single wallet as long as they are supported from it. Also when you mine that coin you need to enter the specific coin address to the miner (you get the address from the multi-wallet).

Also you can get the original wallet from the coin you mine, so you have one wallet for each different coin you mine (more secure).

I'm mining coins that are from 0,5-10$ value!!!

[akwfleaspirit]

Mining altcoins and storing in wallet depends s on the compatibility of the token and wallet, as a crypto merchant, you need different wallets and all depends on how compatible they are to the particular wallet you intend to use. Some tokens have there special wallets while others are ERC compactible. Just like electroneum cannot be stored in trust or imtoken wallet, and also Energi token cannot be saved in ERC wallets. So my point is, not all altcoins can be stored in one wallet, you need different wallets to store coins you mine, depending on the compatibility of the token to wallets.

[shoreno]

Exodus wallet the best one
Has a beautiful interface, supports even the most useless shitcoin.
And non-custody as a nice addition.

yes a very good wallet for storing multiple coins/tokens. However I would suggest you to store Ether based tokens in myehterwallet use metamask browser extension. And for coins it would be good to store them in official wallet for each coin. I know it's bit hectic but there is a saying "Don't put all your eggs in one basket" So for better security you should consider this.

im looking for a different and unique coment to reply on and i found this though this trick isnt realy new because me myself have heard this before but still this trick is useful so that we wouldnt lost all our coin on one single moved made by hackers  .  you sugested mew which is also i support more than trust wallet that op have been using  becuase mew is a wallet that is already a pioneer on this scene and already gain recognition or reputation  .  pairing it with metamask and your now pretty solid  .

[RozoTheMiner]

I use the Verus desktop, it works for hundreds of coins.

It's one of the easiest multicoin wallet I've ever tried!

https://veruscoin.io/wallet