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Author Topic: Safest cryptocurrency wallets  (Read 1445 times)
Findingnemo
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August 13, 2020, 05:08:06 PM
 #61

First of all what kind of currency you are talking there are different types of wallets available.

For bitcoins I always prefer blockchain.info because it is the oldest and I have full control over my coins and my private key.

TEX-LXRY
Blockchain.info already changed their name into blcockahin.com and it is not really a wallet which gives complete control over the stored funds even if they give private keys.And it is one of the wallet with full of errors even I had experienced in the past so better move to trust wallet for multiple crypto storage which is far better than blockchain but less safer than a hardware wallet.

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August 13, 2020, 08:41:23 PM
 #62

First of all what kind of currency you are talking there are different types of wallets available.

For bitcoins I always prefer blockchain.info because it is the oldest and I have full control over my coins and my private key.

TEX-LXRY
Blockchain.info already changed their name into blcockahin.com and it is not really a wallet which gives complete control over the stored funds even if they give private keys.And it is one of the wallet with full of errors even I had experienced in the past so better move to trust wallet for multiple crypto storage which is far better than blockchain but less safer than a hardware wallet.

If you put the errors aside have you felt insecure with blockchain.com? well I do not.
I think for a transaction or two it is still the good wallet.

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August 13, 2020, 11:38:27 PM
 #63

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

The wallet to use in storing your coin depends on the type of coin, that is, if it is Ethereum based tokens, Tron or other blockchain based tokens. Also, there are other coins with their own blockchain, so before you choose a wallet to store your coins first know from the team the right one to use. However, there are multi-currency wallets nowadays which has made the holding of different coins possible wherein they support both Ethereum based tokens and other tokens. An example of this wallet is Trust wallet, and it is safe and user-friendly.
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August 14, 2020, 01:40:07 AM
 #64

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

just buy a hardware wallet, personally i use ledger nano S
and its safe, because we need to push the confirmations button in our hardware wallet to send our cryptocurrency
Trezor can be considered as another choice too and i have been using trezor since 3 years ago and i never encounter any problem with it. Ledger is a good wallet but it less secure compared with what has already offered by trezor.

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August 14, 2020, 01:53:45 AM
 #65

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

just buy a hardware wallet, personally i use ledger nano S
and its safe, because we need to push the confirmations button in our hardware wallet to send our cryptocurrency
Trezor can be considered as another choice too and i have been using trezor since 3 years ago and i never encounter any problem with it. Ledger is a good wallet but it less secure compared with what has already offered by trezor.
I think generally these 2 cold wallets are considered the safest in this market and each wallet has its own strengths. I prefer to use Ledger Nano S because this wallet supports a lot of big coins and regularly new security updates make this wallet more popular than Trezor. Anyway, if you have used it, you do not need to worry about losing money because the security of cold wallets is highly reliable.
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August 14, 2020, 02:16:32 AM
 #66

All online wallets in my opinion are safe, I have also used an online wallet for a long time and have never experienced any problems, a secure wallet all depends on you in managing it and maintaining a password or private key.

There's always a way for you to still keep your investment safe, maintaining secure password  and keeping
your private key away from the eyes of the hackers.
You can add google authenticator  and any available like email securities, it's jut up to you if you continue to
use online wallets, just be well aware.
There are known available wallet that you can choose, make it a habit to  check and research so you understand
all the features and how to secure things more appropriately.

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August 14, 2020, 07:53:06 AM
 #67

The safest wallet is the wallet that has been released by the official team.
Usually i downloads the wallet from their github. You can download the released version, or you can download the sources and compile it yourself. Using 3rd party wallet is not the safest one i guess.

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August 14, 2020, 08:36:44 AM
 #68

Every wallet there you know your keys/seed phrase is safe enough. Exodus, ownr wallet, etc. Thousands of them out there
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August 14, 2020, 10:01:17 AM
 #69

The safest wallet are the non custodial wallets or the oen you hold the private keys. With respect to which kind of blockchain you are using. I suggest that use only wallet thet the blockchain recommend. For example ethereum network. They prefer such wallet of myetherwallet, jaxx, parity. This will be the best suitable. Multiple wallet are also good but be aware that some of them are not good and dangerous cause it could compromise your wallet.

Findingnemo
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August 14, 2020, 10:35:58 AM
 #70

First of all what kind of currency you are talking there are different types of wallets available.

For bitcoins I always prefer blockchain.info because it is the oldest and I have full control over my coins and my private key.

TEX-LXRY
Blockchain.info already changed their name into blcockahin.com and it is not really a wallet which gives complete control over the stored funds even if they give private keys.And it is one of the wallet with full of errors even I had experienced in the past so better move to trust wallet for multiple crypto storage which is far better than blockchain but less safer than a hardware wallet.

If you put the errors aside have you felt insecure with blockchain.com? well I do not.
I think for a transaction or two it is still the good wallet.

TEX-LXRY
Of course, I felt insecure about that wallet when it is showing errors especially zero as balance when I have fund on it.Imagine how you will feel if you see zero when you kept all of your bitcoins in it.We are not going to make only one or two transactions in our life time so better choose the reliable one over the errored wallet.

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.Duelbits.
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August 14, 2020, 10:53:28 AM
 #71

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
That's a good thing you know that storing cryptos in exchange is risky, not only to hacking but also to sudden collapse of the exchange.

If you are looking for the best wallet that are safe and secure, I recommend that you should use a hardware wallet. It is most likely one of the best wallets to store your cryptos with lesser risk than using other wallets.

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August 14, 2020, 10:54:58 AM
 #72

All online wallets in my opinion are safe, I have also used an online wallet for a long time and have never experienced any problems, a secure wallet all depends on you in managing it and maintaining a password or private key.
Really, if you know how to manage your private key and keep it in a safe place, you will never have any security problems with it. Up until now, I only use the Ledger Nano S and it is probably the number one security wallet in the crypto market. In addition, you can also use some mobile wallets such as Trust Wallet, Myetherwallet, Metamask because these are also very secure wallets.






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August 14, 2020, 02:26:35 PM
 #73

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
It’s not just only about making use of the best wallets, what many people never talk about is what they are meant to do, the procedures they are meant to follow in order to be safe when making use of these cryptocurrency wallets. I have seen people say that paper wallets are the best wallets and I have also seen those that say hardware is the best, but that doesn’t mean that these wallets don’t have their cons, no there are ways that they are also bad.

If you are making use of these wallets and you’re not careful , you can lose your money at any time, so you have to be very careful when making use of these wallets. I have been making use of Blockchain wallet which is a mobile wallet for years now, since 2015 and I have never had issues with it. It works perfectly, but I see people who complain and say they were hacked and all that, and they blame Blockchain. I have also seen people complaining able it Trezor.

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August 14, 2020, 02:31:46 PM
 #74

All online wallets in my opinion are safe, I have also used an online wallet for a long time and have never experienced any problems, a secure wallet all depends on you in managing it and maintaining a password or private key.
Really, if you know how to manage your private key and keep it in a safe place, you will never have any security problems with it. Up until now, I only use the Ledger Nano S and it is probably the number one security wallet in the crypto market. In addition, you can also use some mobile wallets such as Trust Wallet, Myetherwallet, Metamask because these are also very secure wallets.
The hardware wallet is always become the best choice to be use to store our funds but the user must cost a lot of money top get their hardware wallet. It's not that anyone can afford to buy the cryptocurrency.
It's better to choose an alternative wallet from the big companies.

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sourish
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August 14, 2020, 03:30:29 PM
 #75

When it comes to crypto secure storage is as important as buying. Paper wallets would essentially be the safest, but it can be cumbersome in quick access, so i would suggest a combination or multiple wallets.
Kopetunto
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August 14, 2020, 04:41:39 PM
 #76

I have been using Myetherwallet and Blockchain for a long time, and until now my assets are still safe there,
maybe you can use my recommended wallet, because it is very safe

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August 15, 2020, 07:11:49 AM
 #77

You will have the security of your wallet so that it does not come to the notice of hackers . Almost all wallets have this safety cord. In this case, I think there will be no problem if you do not share your security with anyone. So try to keep your safety safe

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August 15, 2020, 07:33:51 AM
 #78

All online wallets in my opinion are safe, I have also used an online wallet for a long time and have never experienced any problems, a secure wallet all depends on you in managing it and maintaining a password or private key.
Do you know that not all online wallet are decentralized, sometimes centralized like xapo, etc which we must register using email. This also an online wallet but not secure. So I think all wallets which we keep the private key are safe, not all online wallets
khiholangkang
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August 15, 2020, 07:35:14 AM
 #79

So it is important to choose the best wallets that are safe and secure. Please help me in choosing the safest cryptocurrency wallets
Until now I am very comfortable using trustwallet, there you can store many types of coins. Whether it is safe or not depends on how we treat it, because in crypto there is only one way to break into crypto wallets, namely with a private key, while we keep the private key safe and no one knows it, our assets will be safe regardless of the wallet.

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StreakW
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August 15, 2020, 08:39:58 AM
 #80

Until now I am very comfortable using trustwallet, there you can store many types of coins. Whether it is safe or not depends on how we treat it, because in crypto there is only one way to break into crypto wallets, namely with a private key, while we keep the private key safe and no one knows it, our assets will be safe regardless of the wallet.
Yes, trustwallet is efficient, simple and of course is safe where we can store many kinds of coins, I also agree this is great cryptocurrency wallets.
The most important thing of the crypto wallet is the private key, if you can make it secure, you make your wallet safe. Agree with your statement "our assets will be safe regardless of the wallet"

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