Safest cryptocurrency wallets

[mersal]

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

For altcoins, hardware wallets are the best because you can store multiple cryptos in a same device and can keep the wallet offline unless you are going to make a transaction.Ledger and Trezor are the best ever hardware wallets which itself have different models so pick the best one depends on which cryptos are going to be stored in it.

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[Kong Hey Pakboy]

Hardwares wallet are safe, but they are not free and they worth the price, paper wallet is the safest so far and the best in my opinion, but you've got to careful because it has it's own downside also, you can misplace your private key and that is gonna be a big blow if such happens, hardware wallet and paper wallet are still more preferable than mobile wallet in my opinion

Hardware wallet and paper wallet are indeed safe and secured, that is why if you have a huge amount of funds keeping it in these kind of wallets is the safest place to store them, but mobile wallets are more convenient and ease to use because everyday we used our phones. The only problem with using mobile wallets is that they are prone in hacking, that is why if we have our own mobile wallet we should avoid storing it a huge amount of funds.

[azmirihaque]

Risk is present in every where all the time yet people take risk because no risk, no gain. If you only keep your coin to wallet, you have less possibility to earn. So, to earn more you need to choose a exchange platform and should engage in trade. Yet if you want to keep your coin only to a wallet, I suggest you to choose 'Myetherwallet'.

[mauriek]

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.

But if it's a wallet provided by a third party, or an app / site provider then I think it's useless if we keep the private key, Because they must know our private key. Better not to use an online wallet if you want to store your Crypto. Use an offline wallet like Trezor or Ledger.

[sayulita]

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

So, electrum should do the job for bitcoin wallet and for Ethereum we can use the official one or maybe the MEW wallet can do the job. MEW is a better choice according to me as you don't have to download the blockchain for using the wallet whereas in the official wallet you have to download the entire blockchain at the time of first use, in later uses you just have to synchronize the blockchain to transact. But, online wallets should be the choice for those who can't have a backup of their software wallet as if you loose your wallet file then everything is over and you can't recover the address in which your funds were present.

[bangkecol]

The cold storage is safest for cryptocurrency wallets. Because not like exchange wallets that can be hacked by hackers .
You can use paper wallet or hardware wallet(Ledger, Trezor, and Keepkey).

[ubay]

I prefer to save it on USB and external hard disk, because it won't connect to the internet. If I need my wallet I will plug it into the PC but only for a moment.

That's all to avoid viruses and backdoor from unwanted programs.

[Folio]

Is Electrum open source? If it is not, how can we trust the developer?

[flagpara]

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

Safest cryptocurrency wallet is the hardware wallet and ledger neno. Software wallet has so many problems, recently one of my mobile wallet doesn't work and doesn't accept my password. I'm sure that my password is accurate. Although for Bitcoin and altcoins we have different suggestions but you should check reviews, downloaded time and easy to use for you.

[Smitty Werben Man Jensen]

If you have crypto currency assets, especially Ethereum and tokens from the platform,
I recommend using Myetherwallet, because only MEW in my opinion is very safe, I have proven that

[Henrytrust]

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 wise to store your crypto on exchange wallet because something can go wrong and the exchange may exit. It's wise to choose a wallet based on your budget. I personally use mobile wallet and trust wallet and Imtoken wallet has been my choice. I haven't experienced any issue of hack or loss of digital assets since I started using these wallet and I can say that they are safe.

[umbara ardian]

I like to use Trust Wallet, for me this is the best wallet that everyone should use. Its interface is simple and easy to use with it, in addition you can hold a lot of different currencies there without any hiccups.

[akram143]

I prefer to save it on USB and external hard disk, because it won't connect to the internet. If I need my wallet I will plug it into the PC but only for a moment.

That's all to avoid viruses and backdoor from unwanted programs.

You mean the private keys of your crypto wallets? Its better to keep them away from internet as you said but even in those few minutes you may be stolen if your system is infected so it is better to have malware free system when you are going to install crypto wallets in it...

[taufik123]

If you have crypto currency assets, especially Ethereum and tokens from the platform,
I recommend using Myetherwallet, because only MEW in my opinion is very safe, I have proven that

Why should ethereum, cryptocurrency covers a lot of coins. The wallet needed is a wallet that can manage multiple coins and not the ethereum platform alone.
Not the most secure Myetherwallet wallet, there are many other wallets that are more recommended. For example, hardware wallets that have a better level of security and mobile wallets. and what determines wallet security is how you can store your private key wallet properly without being hacked by other people.

[Valzador]

If you have crypto currency assets, especially Ethereum and tokens from the platform,
I recommend using Myetherwallet, because only MEW in my opinion is very safe, I have proven that

No, website wallets are risky wallets because they are very susceptible to phishing, especially the myetherwallet, which is known for many phishing by hackers, use hardware wallets.

[SyndicateLabs]

As long as you keep your private key safe, I believe no one will be able to hack your money. There are a lot of wallets in this market and they have very good security, so don't worry about it. Also you can use Trust wallet on your phone if you regularly use the phone, it's very good and convenient.

[restuibu]

you are using a secure wallet but you can't protect your private key or password properly so it is also at risk of being hacked, using any wallet in my opinion is safe, as long as we can protect it properly. for my wallet recommend
Myetherwallet
truswallet
imtoken
and much more, maybe hardware wallet is also a consideration

[Romanianz]

The safest way to store wallet is to use a hardware wallet such as Ledger Nano X,
you can google it if don't understand how it works. And for the best mobile wallet, I prefer Trust Wallet, yes you know why 

[Btra]

If you are talking about the safest cryptocurrency wallet then it is non-other than the hardware wallet Trezor and Ledger. Earlier the Trezor was the number one wallet in terms of security and storage capacity. But, now the coming of the Ledger Nano X the upgraded version of the Nano S is very good and also works wirelessly via Bluetooth. You can connect it on-the-go by a mobile device. Again talking about the security it is very good and the storage capacity will allow you for the storing of up to 100 crypto. The price is quite high at approx. $210. But, if you are reluctant to spend this much of money you can use MEW android or IOS wallet which also provide you the features like the hardware wallet.

[Gorosden]

Hardware wallet is the safest and paper wallet should follow but you still have to safe your private key in a safe place or location, I don't bother using hardware wallet because I always make transactions from time to time