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Author Topic: Which wallet do you think is the best?  (Read 6646 times)
bitzizzix
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October 13, 2020, 01:42:35 AM
 #101

There are a variety of crypto wallet options for Android although each has its advantages and disadvantages, and you have the right to choose what you think is an excellent level of security and convenience to use.
Coinbase is one of the oldest and most popular crypto wallet providers and is very suitable for beginners, and there are actually a lot of good wallets besides coinbase, the most important thing is to study and read in detail to understand the advantages and disadvantages so that your assets are well maintained and safe.


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October 13, 2020, 03:49:14 AM
 #102

There are many good wallets that you will like using them, but you can specify the wallet that you want to work with according to your use, there are wallets for the phone, the desktop, the browser or the hardware, and I recommend you to use the Coinbase online wallet , and the Trezor hardware wallet.

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October 13, 2020, 04:08:54 AM
 #103

Which wallet do you like the most? Personally I really like Exodus, the only con is that it's not fully open source, but other than that it's a great wallet!

Are there any wallets which allow you to have multiple addresses?

In terms of security decentralized wallet is the best option. I have used a trusted wallet personally. It supports multiple blockchains and their native token and there are some features like hiding shit token from my portfolio. I had never faced any problem when using it. If you are an Andriod user it will be the best. But if you want to use it in your pc then use myetherwallet and metamask together.
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October 13, 2020, 04:42:22 AM
 #104

Which wallet do you like the most? Personally I really like Exodus, the only con is that it's not fully open source, but other than that it's a great wallet!

Are there any wallets which allow you to have multiple addresses?

Yes, Coinomi allows you to have multiple addresses to one coin, infact, you can set it up in a way that any time you receive fund to your address, the address automatically change to another, which is really cool cus it stops people from tracking your wallet and what's in it, I really loved to use coinomi back then cus if this feature alone, and I hope hope that trust wallet and imtoken can work to integrate this feature into their wallet too, it will be so great cus people no longer use coinomi that often anymore, more especially for Erc20 and other chains smart contract transactions.

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October 13, 2020, 07:56:45 AM
 #105

The best solution has always been and will always be - to use authentic wallets created by the developers of each individual project. This gives the maximum security guarantee. Or you can use proven hardware wallets. Other types of wallets are not as secure as the ones I wrote about.
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October 13, 2020, 08:32:43 AM
 #106

2. myetherwallet
because it is easy to make transaction and safe to store Ethereum or other altcoin that use Ethereum platform (such as ERC20).

Is it really that safe? Only 1 password separates your funds from the hacker. And there are too many options to obtain it from you. I have an experience of wallet being hacked. Still dont know how it was done. I was opening my wallet with json file+password method. The file was never held on public servers, mail and etc.

Myetherwallet should add extra level of defense when you open your wallet. 2FA would be perfect, but any other also might help. It is always better to be separated by two walls or protection, than with just one.

 
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October 13, 2020, 08:52:10 AM
 #107

I used to use METAMASK wallet and it was smooth until I found out it has some leakage and some people are losing the UNIs in their wallets and posted on twitter also sometimes it hangs and keeps loading and loading, never let you know if the transaction failed or not till you send 0 eth to your wallet to make it undone, now I'm using trustwallet , very much better UI and it also supports staking and some other cool features.

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October 13, 2020, 08:52:30 AM
 #108

2. myetherwallet
because it is easy to make transaction and safe to store Ethereum or other altcoin that use Ethereum platform (such as ERC20).

Is it really that safe? Only 1 password separates your funds from the hacker. And there are too many options to obtain it from you. I have an experience of wallet being hacked. Still dont know how it was done. I was opening my wallet with json file+password method. The file was never held on public servers, mail and etc.

Myetherwallet should add extra level of defense when you open your wallet. 2FA would be perfect, but any other also might help. It is always better to be separated by two walls or protection, than with just one.
actually until now I still use Myetherwallet and only use private keys to access my wallet, even though like that I still don't have the courage to keep many assets in myetherwalet wallet, because if you only use the private key the security is very lacking, until currently I use 2 wallets that support cryptocurrency, one of which is a trustwallet which we already know about its security.

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October 13, 2020, 09:06:35 AM
 #109

In my opinion, TrustWallet is the best for now, there we can store a large selection of coins ranging from big coins, ERC20, BEP20, TRC20 and many more. Besides that, we are also free to create as many wallets as we want in just one application.

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October 13, 2020, 10:10:51 AM
 #110

As of the moment I am still using Myetherwallet and many cryptoenthusiasts are still trusting MEW but I also tried to use TrustWallet which for me is a good wallet as well. So I recommended both MyEtherWallet or TrustWallet.

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October 13, 2020, 10:13:44 AM
 #111

I am currently using 2 wallets, MEW and TrustWallet. I still use MEW because this is the wallet I first used and still secured for me. And TrustWallet  by recommendation of friends too and so far I am loving my experience with TrustWallet and might aswell use this in long term too.

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October 13, 2020, 10:22:53 AM
 #112

Which wallet do you like the most? Personally I really like Exodus, the only con is that it's not fully open source, but other than that it's a great wallet!

Are there any wallets which allow you to have multiple addresses?

I have been using the MetaMask wallet for over a year now. Since I work most of all with ERC20 tokens, I accordingly need to go to Ethereum. At one time I only used the MyEtherWallet wallet, but after I got to the wallet's phishing site once, I realized that I needed to be more secure. Then I tried MetaMask and liked it. They say that soon MetaMask will be able to directly exchange ERC20 tokens, I think this is great news and it will raise the popularity of this wallet. I also like that MetaMask protects you from going to phishing sites, which gives you the opportunity to be safe and keep your crypto assets.
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October 13, 2020, 04:45:09 PM
 #113

Trust wallet for now, has many advantages, I will not compare it to other wallets.
but I suggest you try it. it is very practical and easy to use, you will understand after you try it I guarantee Smiley
The main advantage of TrustWallet is that a user who logs into a wallet using a mobile device does not need to enter a secret key or a password with a file key each time in the browser, where phishing sites can steal all secret information. Therefore TrustWallet is more secure for the common user. But Coinomi has also proven itself very well, since its functionality involves storing various cryptocurrencies, including bitcoin.

this is not only an advantage but also a disadvantage of the wallet
if the phone is stolen from its owner
 then it will not be a big problem for attackers to hack the wallet and withdraw all the coins from it
personally, I prefer security over convenience

Same here. It is better to secure your wallet rather than opt for convenience. Because once you have no control, you are screwed. You can't sleep soundly at night worrying that someone will get a hold of your keys. So in terms of wallet, as long as you are holding your own keys and it is stored in safe and secure place, you're good to go. But I will not suggest third party wallets where you have no control of your keys because you don't know how long their business will survive.

Here, of course, a lot depends on how much money you have in your wallet
if the amounts are small, then you should not seriously worry about them
however, I started to worry about the security of my wallets even before I contributed my first thousand to the crypto market
now I have a lot more money here
 and that's why I first of all care about how to protect it from theft

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October 13, 2020, 06:13:45 PM
 #114

Trust wallets can be said to be safe in my opinion, because most people also use trust wallets as their wallets. more simple, safe and easy to use.
now it depends what we want to wear myetherwallet is also good
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October 13, 2020, 06:17:05 PM
 #115

actually until now I still use Myetherwallet and only use private keys to access my wallet, even though like that I still don't have the courage to keep many assets in myetherwalet wallet, because if you only use the private key the security is very lacking, until currently I use 2 wallets that support cryptocurrency, one of which is a trustwallet which we already know about its security.

Careful sometimes though.
Are you using the one that generates a wallet file for you?  Make sure you bookmark the actual page of MEW because I encountered long time ago a phishing site for it when I was about to claim my token from an airdrop.
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October 13, 2020, 06:33:27 PM
 #116

Non custodial wallets are the best wallets for me, because you have a full control over your crypto assets. But even if its non-custodial theres still risk that your assets might be lost or stolen if you neglect to secure your private keys, thats why every users should be responsible in keeping their keys safe in any way possible to secure their crypto assets.

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October 13, 2020, 07:12:01 PM
 #117

I use different wallets for different purposes. I don't like multi-currency wallets because I don't like to keep all my eggs in one basket. I use Electrum for bitcoin and MetaMask for Ethereum and its tokens. I also sometimes use MEW. First of all, ease of use and security are important to me.

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October 13, 2020, 10:41:37 PM
 #118

I use different wallets for different purposes. I don't like multi-currency wallets because I don't like to keep all my eggs in one basket. I use Electrum for bitcoin and MetaMask for Ethereum and its tokens. I also sometimes use MEW. First of all, ease of use and security are important to me.
I think you use too many wallets and will have a very high risk when you forget to access your wallet, maybe you can use a trust wallet which in my opinion can replace all the wallets you are currently using.

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October 13, 2020, 11:19:37 PM
 #119

I use different wallets for different purposes. I don't like multi-currency wallets because I don't like to keep all my eggs in one basket. I use Electrum for bitcoin and MetaMask for Ethereum and its tokens. I also sometimes use MEW. First of all, ease of use and security are important to me.
I think you use too many wallets and will have a very high risk when you forget to access your wallet, maybe you can use a trust wallet which in my opinion can replace all the wallets you are currently using.
Well, both of you have a point.
But I guess he prefers most if he has multiple wallets to store his coins to avoid the risk of losing it one at a time. I guess, he uses some kind of note to write the information about his wallet.

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October 13, 2020, 11:25:58 PM
 #120

I use the Ledger S hardware wallet. I have been using it for a long time and during this time I managed to get used to it and llike it. I like it because of its versatility and the fact that it is much safer than multi-currency wallets that are simply installed on your smartphone.

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