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Author Topic: Safest cryptocurrency wallets  (Read 1445 times)
shoreno
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September 03, 2020, 05:40:48 AM
 #121

Safest wallet depends on the usage of your skill. A wallet that provides you private key, memoric pharase, backup and 2fa system is secure buy you have to use it safely.

its useless to use the safest wallet in the world when a user dont know how to use it properly.

 a kind of wallet that are mentioned above are the ones that are more harder to use compare to standard online wallets ( ex. a wallet that dont give you your keys )  .  so many newbies on the past lost thier keys and phrases , they lost so many coins along with that .
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September 03, 2020, 08:09:18 AM
 #122

first of all, we need to know how many types of crypto wallet:
1). mobile wallet
2). desktop wallet
3). paper wallet
4). hot wallet
5). cold wallet

mobile wallet they are wallet where you can store your crypto assets into your mobile. they are very convenient and easy to use.
example: trust wallet, iamtoken.
desktop wallet they are the same as a mobile wallet in functionality but they are work with more features in desktop.
paper wallet paper wallet are the piece of pdf where all your wallet address and the private key is printed. which is used for the crypto transaction. they are offline wallet but you need to access there website example myetherwallet to make a transaction.
hot wallet is the wallet that is always connected to  the internet, they are easy to use but risk of hacking is always there because they are always online to sync.
cold wallet they are the wallet which is completely offline where you can store your assets securely. example ledger wallet, trezor eallet.
one cons of there wallets are they are little expensive and supports few cypto assets like btc eth ltc trx xrp and other popular cryptos. but they are most secure wallets as compare to other types of wallet
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September 03, 2020, 08:47:50 AM
 #123

I have always used myetherwallet, metamask and trustwallet. from the wallet that I use it all looks safe and I have never experienced any problems until now

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September 03, 2020, 08:49:45 AM
 #124

If a wallet on an exchange can be hacked then what makes your personal wallet unhackable?
Each personal or desktop wallet has their securities better than the exchange wallets. Actually, exchanges doesn't tend to be your own personal wallet as their function is to exchange your coins. You don't let your coins there for a long time and you only transfer and use them whenever you have to exchange. Why personal or desktop wallets are better is because you own your coin and you have total control for your private keys unlike in exchanges, they will not provide you with it.

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September 03, 2020, 09:04:37 AM
 #125

I have always used myetherwallet, metamask and trustwallet. from the wallet that I use it all looks safe and I have never experienced any problems until now
There’s so many wallet to choose these days so when you mentioned trust wallet this is one of the wallet I've use for long time now. The best is not to focus in just one wallet when you have a coins to be safe. So apart from that ledger is also one to choose as the safest wallet and let us always save the private keys for the better.
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September 03, 2020, 09:04:55 AM
 #126

I have always used myetherwallet, metamask and trustwallet. from the wallet that I use it all looks safe and I have never experienced any problems until now
Yes, the three wallets that you mentioned are good and good wallets for everyone to use, only if for now the problem is the transaction gas fee when using the ERC20 platform wallet, that's what many people are complaining about at this point currently.
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September 03, 2020, 10:53:28 AM
 #127

I have always used myetherwallet, metamask and trustwallet. from the wallet that I use it all looks safe and I have never experienced any problems until now
Yes, the three wallets that you mentioned are good and good wallets for everyone to use, only if for now the problem is the transaction gas fee when using the ERC20 platform wallet, that's what many people are complaining about at this point currently.

I don't like metamask, remembering that in 2017 many metamask accounts were hacked to make erc20 base altcoin sending transactions
the best way and the best wallet is an official wallet like blockchains.com myetherwallet or using a power ledger for offline storage

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September 03, 2020, 11:13:33 AM
 #128

I have always used myetherwallet, metamask and trustwallet. from the wallet that I use it all looks safe and I have never experienced any problems until now
Of these wallets, I most often use Trust Wallet and Myetherwallet because these are the 2 safest wallets for me because up to now I have not encountered any problems. In addition, if you have a lot of assets, you should use a cold wallet like the Ledger Nano S because it is very useful and can secure your assets. Of course, you should also secure your computer and never click on links from spammers.






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September 03, 2020, 12:52:35 PM
 #129

I have always used myetherwallet, metamask and trustwallet. from the wallet that I use it all looks safe and I have never experienced any problems until now
Of these wallets, I most often use Trust Wallet and Myetherwallet because these are the 2 safest wallets for me because up to now I have not encountered any problems. In addition, if you have a lot of assets, you should use a cold wallet like the Ledger Nano S because it is very useful and can secure your assets. Of course, you should also secure your computer and never click on links from spammers.
I store almost all of my assets using MEW because I like its functionality, but I'm worried about the fact that someone can still pick up the private key to my wallet. One day I wanted to open my wallet and mis-typed all the characters from my private key, but in the end I was able to open another Ethereum wallet, which turned out to be empty. But nevertheless I was able to open another wallet with my private key where a few characters were changed. This alarmed me. After all, someone will be able to pick up, purely by chance, the private key to my wallet in the same way. I am concerned about this issue.
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October 02, 2020, 06:50:37 AM
 #130

Every wallet there you know your keys/seed phrase is safe enough. Exodus, ownr wallet, etc. Thousands of them out there
Despite I use ownr too, non-custodial mobile wallets are less secure than cold wallets and can't be used for long-term storage big amounts in crypto.
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October 02, 2020, 07:30:19 AM
 #131

I store almost all of my assets using MEW because I like its functionality, but I'm worried about the fact that someone can still pick up the private key to my wallet. One day I wanted to open my wallet and mis-typed all the characters from my private key, but in the end I was able to open another Ethereum wallet, which turned out to be empty. But nevertheless I was able to open another wallet with my private key where a few characters were changed. This alarmed me. After all, someone will be able to pick up, purely by chance, the private key to my wallet in the same way. I am concerned about this issue.

Such a probability is one in a million, I think that you will no longer succeed in such a trick if you try to repeat it thousands of times. Maybe it was just a wallet glitch that showed you zero balances for a non-existent wallet.

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October 02, 2020, 08:06:54 AM
 #132

Every wallet there you know your keys/seed phrase is safe enough. Exodus, ownr wallet, etc. Thousands of them out there
Despite I use ownr too, non-custodial mobile wallets are less secure than cold wallets and can't be used for long-term storage big amounts in crypto.
I think if a wallet like that cannot store a very large amount of your assets then I suggest moving to another wallet such as using a trust wallet which in my opinion has many advantages and can accommodate the many assets you have.

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October 02, 2020, 08:17:35 AM
 #133

I'm currently using a mobile wallet like Trustwallet and I think it's safe. for other online wallets I recommend such as MEW or MyEtherWallet. I also keep some tokens from the bounty in the MEW wallet. and of course very risky if you store your wallet on the Platform.

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October 02, 2020, 08:23:56 AM
 #134

I store almost all of my assets using MEW because I like its functionality, but I'm worried about the fact that someone can still pick up the private key to my wallet. One day I wanted to open my wallet and mis-typed all the characters from my private key, but in the end I was able to open another Ethereum wallet, which turned out to be empty. But nevertheless I was able to open another wallet with my private key where a few characters were changed. This alarmed me. After all, someone will be able to pick up, purely by chance, the private key to my wallet in the same way. I am concerned about this issue.

Such a probability is one in a million, I think that you will no longer succeed in such a trick if you try to repeat it thousands of times. Maybe it was just a wallet glitch that showed you zero balances for a non-existent wallet.

Probability is less than 1 million. With enough effort, any MEW wallet can be hacked. User is protected against the hacker only with single privatekey or a single option of security. There are too many ways to steal a privatekey from a person. MEW needs at least two levels of protection (privatkey + something else, 2FA probably).

My MEW wallet was hacked once. I never posted or used privatkey to enter into the wallet. Password + json file all the time. Still someone get an access to it and withdraw all the worthy tokens...

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October 02, 2020, 09:09:29 AM
 #135

perhaps the really safe ones are hardware wallets like LadgerNanoS. it is highly recommended. if online wallet or software wallet then you can use MEW, for Coinomi & Trustwallet mobile wallets. on the other hand you need to keep a copy of the private key / passphrase, 2fa system in your phone and i think it is safe.
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October 03, 2020, 12:55:08 PM
 #136

I use wallet with private key and seed, for me this the safest way to place your cryptocurrency. But the safest way to store your coins is the hardaware wallet this the most recommended wallet to place your coins.
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October 03, 2020, 02:23:47 PM
 #137

Safest wallet depends on the usage of your skill. A wallet that provides you private key, memoric pharase, backup and 2fa system is secure buy you have to use it safely. If have to keep all documents in a safer place where no one can stole your documents. For bitcoin, i recommend you blockchain wallet and for ERC20 tokens, you can use Metamask or Myetherwallet or both by connecting each other.

I agree with you, I have come to know Bitcoin from 2015 until now, still using the Blockchain Wallet and Myetherwallet or Metamask it looks easy but it is guaranteed its safety until now, if someone says their wallet was hacked it is not a system error, but how do you keep the keys well, because a lot of carelessness from someone makes their wallet hacked, because there are options that make your wallet safe, using the 2fa system it makes our wallets strong from hackers, so with the settings you say it's exactly what I use today ...
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October 03, 2020, 02:31:59 PM
 #138

There are a lot of nice ones. I prefer exodus, wasabi and wallet from my signature, hah
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October 03, 2020, 02:43:59 PM
 #139

There are a lot of nice ones. I prefer exodus, wasabi and wallet from my signature, hah

i know wasabi and exodus but the wallet from your signature is recently being promoted on here  . its new and it needs more time before i can trust it sorry . i know , you only recomend it because you are a part of its signature  . thats fine atleast you did not shill it fo the highest level .

back to exodus , i think i have used this wallet last year or last 2 years ago . i cant exactly rember but i havent experience an issue with it while i never tried to use wasabi tho i have read so many good feedbacks to it and afaik this wallet has the ability to mix coins right ? thats cool
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October 03, 2020, 03:24:26 PM
 #140

Cryptocurrencies can be kept online or offline. If the cryptos are kept on the exchange platforms or other online platforms, it can be lost due to hacks.

So it is important to choose the best wallets that are safe and secure. Please help me in choosing the safest cryptocurrency wallets

Whether offline or online, they are still kept or stored in their respective blockchain wallets, that is, ERC 20 tokens are stored on Ethereum blockchain wallets, TRC 20 tokens are stored on Tron blockchain wallets, BEP2 are stored on Binance blockchain wallet and so on. This is why, when depositing a token on any exchange, you will be warned of depositing a wrong token as it will be lost.
Nevertheless, you are right about keeping cryptocurrencies on exchange platforms because they are never secure and the recent Kucoin hack is a clear proof of that. Also, about other online platforms, it is true as well because the creators of that online wallet or platform can easily manipulate everything.
So that brings us to personal wallets, and the best I can recommend is Trust wallet because of its advanced and user-friendly interface. Others are Imtoken, Enjin and Atomic wallet, they are also safe; remember to store your private keys or mnemonic words securely.

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