Best wallet for altcoins ?

[AnonBitCoiner]

there are many crypto wallets but I usually use a Trustwallet but it is also not safe if you want to secure your money then you should keep your Alts in exchanges because exchanges are safe from the wallet. the second method is to buy a hardware wallet. hardware wallets are safe from online wallets

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[Kopetunto]

I think the best wallet is still held by Trust wallet, moreover,
it's been reported that Trust wallet is releasing a beta trust wallet for the chrome extension,
yes this is a very good thing to provide user experience and convenience, I really like it!

[wxa7115]

Throughout the years I have just been holding bitcoin and ethereum in a non-custodial wallet but now I have decided to diversify my portfolio.
There are a lot of potential altcoins out there and I have picked up a few. Storing altcoins on an exchange id obviously not the right thing to do.
While I know that hardware wallet would be the best place to store altcoins I want to know other options as well.

Thinking about long term perspective.

1. For now, I have been thinking to store them on a non-custodial wallet but then again which wallet should it be ? My choice would be Exodus but let me know which one is best.
2. Would it better to store different altcoins in different wallets or decrease the hassle of maintaining different wallets and settle down with just one with all the coins.

The problem with the exodus wallet is that as far as I know it is closed source, and this means that you do not really know what could be happening behind the doors with that wallet, so for the people that really are enthusiastic about the code being open source so there is no hidden backdoors in any coin or wallet then the exodus wallet is not a legitimate option for them.

So if you do not want to use a hardware wallet you do not have too much of a choice and you have no other option but to install in your computer the wallet of each coin in which you are interested in holding for the long term.

[minairia3]

Trust wallet is the wallet that I use to store all the altcoins I have so far, all of them can be stored there with one application, with that convenience it doesn't bother me to save too many phrase.

But the risk that you face is that if a hacker attacks, your property will lose everything. You better use multiple wallets, maybe 2 or 3 wallets and split your crypto assets equally. If unfortunately one of the wallets is hacked, the hacker can only get a small part of your assets, store it all in one wallet, convenient for storing private keys, but at risk of losing them all when hacked.

[Tessyb]

Storing altcoin on exchange wallet is not an option as there's higher risk attached, the best wallets are the hard wallets, but you need to be mindful of the fact that not all altcoin are supported and as such its better to confirm if it supports your coin before deciding on which hard wallet to purchase. The free wallet like trust wallet and Atomic wallet are not bad either, especially when you don't have a substantial amount of assets to store.

[Kemarit]

Throughout the years I have just been holding bitcoin and ethereum in a non-custodial wallet but now I have decided to diversify my portfolio.
There are a lot of potential altcoins out there and I have picked up a few. Storing altcoins on an exchange id obviously not the right thing to do.
While I know that hardware wallet would be the best place to store altcoins I want to know other options as well.

Thinking about long term perspective.

Long term perspective? then you should go with a hardware wallet, the thing is that maybe the altcoins that you want to invest might not be supported by them.

1. For now, I have been thinking to store them on a non-custodial wallet but then again which wallet should it be ? My choice would be Exodus but let me know which one is best.
2. Would it better to store different altcoins in different wallets or decrease the hassle of maintaining different wallets and settle down with just one with all the coins.

One drawback of Exodus wallet is that it is closed source, meaning you can't look at the code and see if there is some vulnerabilities. And as far as my experience with it way back, the fees are too high and I can't manually change it.

So maybe its better to hold on different wallet, I know it's going to be complicated at times, but I guess putting your eggs in one basket is not good in crypto, in my opinion.

[fullhdpixel]

I don't recommend anything from what I use, but I'm just sharing what I use to store my altcoins in my wallet, I only use trustwallet and it's very safe in my opinion especially now that I'm also interested in using a Bitkeep wallet it also makes it easier for me to store and as a portfolio too

Its name is trustwallet but it doesn't totally mean that it is trusted. For now, you can say it's safe because no issues happened to you but will you wait before it occurs? You better look for a better alternative which don't have a past bad record. I don't know if that bitkeep wallet is new but I better observed it first or I will only store small amount on it.

I like that the OP finally decides to diversify his funds through different altcoins but it's also better if he will use more than one or two wallets. Not only that not all wallets are compatible with different alts but also because it saves him from losing all his funds, just in case a hacking occurs.

[Ayers]

in the long run, there is no better option than a hardware wallet
and if you want to use a software wallet, there are metamask, trust, exodus ... you can experience each wallet yourself to choose the most suitable product for yourself
but storing assets on software wallets carries many risks as you know, so you should divide your assets and put them in different wallets to avoid unnecessary risks

[rugrats]

Trust wallet is the wallet that I use to store all the altcoins I have so far, all of them can be stored there with one application, with that convenience it doesn't bother me to save too many phrase.

I also use trust wallet, it's really simple and easy to use. Although trustwallet is a closed source wallet, it is developed and managed by the Binance exchange, so I am quite comfortable using the trust wallet. On my laptop I use metamask, it is a popular and reputable software wallet nowadays. I use both wallets with the same seed phrase so it's very convenient to store.

[Cryptornd]

as i see trust wallet is the worse wallet i ever used. wallet was hacked by someone though i have never provided my seed phase to anyone at anytime . i'm 100% sure about it. not only my wallet but also few of my friend's wallets was hacked. now i am using coinhub wallet for altcoins.

[fuguebtc]

The safest is still the hardware wallet, if you previously owned it to store bitcoin and ethereum, now you can use it without having to use another wallet. If you want to use a software wallet then you can refer to metamask, it is considered the most user-friendly wallet even though it cannot store all altcoins of all current blockchains. Metamask now has a mobile version, so it is very convenient to use.

[pauloaragaomelo]

I also use trust wallet, it's really simple and easy to use. Although trustwallet is a closed source wallet, it is developed and managed by the Binance exchange, so I am quite comfortable using the trust wallet. On my laptop I use metamask, it is a popular and reputable software wallet nowadays. I use both wallets with the same seed phrase so it's very convenient to store.

The trust wallet application is very easy to use because of the friendly interface to understand and the lightweight application to run on mobile devices, and other applications such as metamask. But I don't understand for the same seed phrase for both wallets because each wallet has different random seed phrase, can you explain it?

[SistaFista]

Mate, we should not store our coins for long time in exchange wallet, that is dangerous.
Up to date, there were many hacked / compromised cryptocurrency exchanges that caused many holders lose their money.
My recommendation is just using extension wallet such as metamask, it can be used for storing various altcoins such as Ethereum, Binance smart chain, polygon, etc.

[fuer44]

you can try myetherwallet but now there are so many altcoin wallets that can be used, even apart from the etherum network, the bsc network is also now a lot like metamask. you just need to choose the one you think is comfortable and easy to use.

[Shasha80]

Mate, we should not store our coins for long time in exchange wallet, that is dangerous.
Up to date, there were many hacked / compromised cryptocurrency exchanges that caused many holders lose their money.
My recommendation is just using extension wallet such as metamask, it can be used for storing various altcoins such as Ethereum, Binance smart chain, polygon, etc.

It's best to never think about storing our coins for a long time on exchanges, because as you said the risk of us losing our coins is very large
if we save on exchanges. After all, exchanges are very vulnerable to hacking, even Binance being the best exchange ever hacked. So storing coins
on exchanges is only for trading, even I always withdraw the profit I make when trading on exchanges. For me, a hardware wallet is the safest place
to store my coins for a long time. Saving on metamask is also pretty good, as I've been using metamask for a long time, but never had anything
bad happen.

[Tony116]

Mate, we should not store our coins for long time in exchange wallet, that is dangerous.
Up to date, there were many hacked / compromised cryptocurrency exchanges that caused many holders lose their money.
My recommendation is just using extension wallet such as metamask, it can be used for storing various altcoins such as Ethereum, Binance smart chain, polygon, etc.

It's best to never think about storing our coins for a long time on exchanges, because as you said the risk of us losing our coins is very large
if we save on exchanges. After all, exchanges are very vulnerable to hacking, even Binance being the best exchange ever hacked. So storing coins
on exchanges is only for trading, even I always withdraw the profit I make when trading on exchanges. For me, a hardware wallet is the safest place
to store my coins for a long time. Saving on metamask is also pretty good, as I've been using metamask for a long time, but never had anything
bad happen.

The lesson of Mt.Gox is still there and not all exchanges have the ability to compensate users, it took Mt.Gox 7 years to compensate its victims. Storing assets on an exchange is much more dangerous when you deposit money in a government bank.
There is no better wallet than hardware wallet, I recommend OP to use your own hardware wallet, metamask wallet or trust wallet is still risky as it is an online wallet that can be hacked at any time.

[smartaction]

I normally use multi wallet supported wallet Trust wallet for altcoins . Because I don't hold a lot of altcoins. But I don't find trust wallets convenient for holding large amounts of altcoins. you must should use Hardware wallet . it will give you high protection for your Digital assets .

Just go for the hardware wallet that you may find it here, [BIG LIST] Hardware wallets (80+)

you can follow this hardware list which is already posted by sheenshane . from here you can choice a better hardware wallet yourself

[Rupok]

You can use trust wallet, most of the people using trust wallet, i am also.Trust wallet is very popular and very trusted.Because i am using 4 years. I know trust wallet is very secure for another one. I have no doubt about trust wallet. But you can also use metamusk wallet, this wallet is more safe for altcoin.But remember now holding altcoin is very risky. Don't forget to try to hold on exchanges, exchange only for trading. If you want to use software wallet then metamask or trust wallet will be best.And if you want to use a hardware wallet, then no doubt about this because that's more good.

[teddybear]

Throughout the years I have just been holding bitcoin and ethereum in a non-custodial wallet but now I have decided to diversify my portfolio.
There are a lot of potential altcoins out there and I have picked up a few. Storing altcoins on an exchange id obviously not the right thing to do.
While I know that hardware wallet would be the best place to store altcoins I want to know other options as well.

Thinking about long term perspective.

1. For now, I have been thinking to store them on a non-custodial wallet but then again which wallet should it be ? My choice would be Exodus but let me know which one is best.
2. Would it better to store different altcoins in different wallets or decrease the hassle of maintaining different wallets and settle down with just one with all the coins.

There are many coins that produces wonderful returns after some months/years, main thing is to split your investment on coins wisely.

There are many stable coins produces decent profits like BTC and ETH.

Remaining altcoins are also produces great returns but it depends....

My portfolio contains:

> ETH
> Matic
> BTC
> Ape Coin
> Solona

I don't know weather this works or not but, I select based on some factors and made analysis over it....

  

[Widdop37]

Many newbies like using new wallets that was built not too long ago with very less users reviews available online that's why they end up losing their funds, not all those new crypto wallets are safe haven for your coins and tokens, its very hard to survive on this space unless you learn the rightful things first.