hamba laeh
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September 12, 2022, 02:21:31 PM |
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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.
I think all wallets will be safe if we can store the private key properly and we never get phished from anywhere. trust wallet I have used for years but have never experienced any problems because I take good care of it. but if you want to use a hardware wallet then I can suggest using ATOM, Trezor and Ledger because I still use it today.
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Sweetbtc
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September 12, 2022, 02:29:39 PM |
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If you are holding good amount in different altcoins, then i think holding in different wallet is good idea. Because if hacker hacked a single wallet you will have still other wallets saved.
If you want to hold it in a hardware wallet then I suggest you not connect any site with the wallet, if you want to sell or buy any coin transfer that in any other wallet then buy/sell.
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abralzain17
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September 12, 2022, 07:21:16 PM |
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to store altcoins I use Trust Wallet, I use it because it's easy to control and I've linked it to my cellphone, besides being easy to make transactions, Trust wallet is also very easy to understand
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Almasani
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September 12, 2022, 08:14:58 PM |
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Atomic wallet and Trust wallet are fine, just make sure you aren't into clicking links and claiming free stuffs, this is mostly how people get hacked this days, for free stuff create another separate wallet for it.
Atomic Wallet I've used. The basic advantage of this Atomic Wallet is that it can back up the private key separately. However, trust wallets have another advantage, this wallet can swap tokens easily, either by connecting to browsing or by swapping directly in the wallet.
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sayaya17
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September 12, 2022, 08:40:09 PM |
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to store altcoins I use Trust Wallet, I use it because it's easy to control and I've linked it to my cellphone, besides being easy to make transactions, Trust wallet is also very easy to understand
Trust Wallet is indeed very good for storing our altcoins, besides being very easy to use, Trust Wallet is quite safe than we store on exchanges. I think storing altcoins on exchanges is more attractive to hackers, it's not surprising that so many exchanges have been hacked. Even Binance was hacked, so indeed storing altcoins in Trust Wallet is safer. Besides Trust Wallet I also use Mycelium, because we anticipate if the wallet we use is hacked, at least we don't lose all the altcoins we have. Because we store altcoins that we have in several wallets. No matter how good the wallet's security features are, it can't guarantee 100% safe. So it is very important not to store the altcoins that we have in only one wallet.
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Detritus
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September 12, 2022, 09:25:55 PM |
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Exodus wallet is pretty cool to store your Altcoins, I have been using it since its existence and have had no complains. To store coins on exchange is risky for some reasons but also has some advantage. I had 100,000 Doge coin in cryptopia exchange but lost all asset after the exchange was hacked. One advantage of storing Altcoin in exchange is that if the project do a swap, it can automatically swap you token. I have not really tried any other wallet except exodus.
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blockman
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September 12, 2022, 10:11:46 PM |
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I've used Exodus and it's actually a good one but if your altcoin to be picked isn't there, that makes sense that you want to have another wallet where it's supported. I had 100,000 Doge coin in cryptopia exchange but lost all asset after the exchange was hacked. One advantage of storing Altcoin in exchange is that if the project do a swap, it can automatically swap you token. I have not really tried any other wallet except exodus.
That's the disadvantage of keeping your coins in the exchanges. You may potentially lose all of them if there's a hacking incident which is not new to most of us.
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Sarah Azhari
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September 13, 2022, 01:19:32 AM |
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but if you want to use a hardware wallet then I can suggest using ATOM, Trezor and Ledger because I still use it today.
I never heard it, ATOM?. be careful don't use wallet that people never use. maybe it will inject your pc and scammer well know that key you save it. Metamask is safest because people have used it for a long time.
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libert19
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September 13, 2022, 03:06:07 AM Last edit: September 13, 2022, 03:18:38 AM by libert19 |
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Significant holding? No reason to choose anything other than Hardware wallet unless coin is not supported ofc. For random coins - exodus, trust, coinomi does job well. 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. When all coins you want are supported by single wallet then single is fine. Why bother with other without necessity?
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Busayo10
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September 13, 2022, 10:27:09 AM |
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using trust wallet is great and also GOpocket wallet is amazing as well, because it as strong security and detect scam token or coin for you
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Coin BTC
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September 13, 2022, 04:58:36 PM |
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I think the only two personal wallets that are popular at the moment are trust wallets and metamask. trust wallet for multi altcoins and metamask for multi tokens which have an RPC network similar to ethereum. apart from this, there may be some but less popular makes him doubtful in its use. Today, people are more likely to store assets in non-custodial wallets such as exchanges.
I think all wallets will still be safe if someone who holds the wallet can store the secret password provided by a wallet platform, and regarding metamask and Trust Wallet this is the most popular and highly prioritized wallet, with many advantages for many people who really like this wallet.
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abralzain17
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September 13, 2022, 08:03:29 PM |
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to store altcoins I use Trust Wallet, I use it because it's easy to control and I've linked it to my cellphone, besides being easy to make transactions, Trust wallet is also very easy to understand
Trust Wallet is indeed very good for storing our altcoins, besides being very easy to use, Trust Wallet is quite safe than we store on exchanges. I think storing altcoins on exchanges is more attractive to hackers, it's not surprising that so many exchanges have been hacked. Even Binance was hacked, so indeed storing altcoins in Trust Wallet is safer. Besides Trust Wallet I also use Mycelium, because we anticipate if the wallet we use is hacked, at least we don't lose all the altcoins we have. Because we store altcoins that we have in several wallets. No matter how good the wallet's security features are, it can't guarantee 100% safe. So it is very important not to store the altcoins that we have in only one wallet. Of course what you say here regarding the best wallets to use to store altcoins is correct, but I myself don't use many wallets except for the trust wallet that I use. because in my opinion using Trust Wallet makes it easier for us to make transactions without having to open a computer or laptop. this is the advantage in my opinion
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topman21
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September 13, 2022, 11:34:49 PM |
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I use the Exodus wallet because this wallet so far is very safe to use without any obstacles, especially since this wallet is software that can run on a cellphone or computer without a hitch. In addition, the Exodus wallet has a very good operating system. Indeed, there are many other best wallets that can be used to store bitcoin and altcoins. Therefore, do not choose the wrong wallet to store your crypto assets. Look for a wallet that already has legality and avoids the traps of fraudulent applications.
Trush Wallet and Metamask who do you thing the best one? I think Trust Wallet and Metamask are two equally good wallets, they both have their own uniqueness. one of which is Trust wallet which allows users to explore more widely on different networks and metamask also has the advantage that it can be used on two android platforms and computers. Currently Trust Wallet and Metamax Wallet are famous for ALT coins. It is very popular all over the world.They have multi access. There is no chance of hacking.They are built with maximum security. It has created a lot of popularity among people.
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yohananaomi
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September 14, 2022, 05:33:29 AM |
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to store altcoins I use Trust Wallet, I use it because it's easy to control and I've linked it to my cellphone, besides being easy to make transactions, Trust wallet is also very easy to understand
if you look at the appearance, even though I haven't tried it, the impression is the same as metamask. So it seems that everything ends up being returned to the individual they are using. because the habit of use also finally affects what has been used so far. I am used to using metamask and I think this is the best, although it is possible that one day I will also use the same as metamask and obviously it is a trustwallet.
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Luffygroove
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September 15, 2022, 02:52:46 AM |
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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 exactly, it's so risky to keep your assets in the exchangers in the long term. The hardware wallet indeed is the best option for now. It's ideal actually. 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 However, if you want to use the online one, I suggest using different wallets with different seeds or private keys. IMHO, In the crypto world, primarily related to security, the more hassle for you to keep it safe, the better. I mean to diversify your assets and diverse, your wallet will help when bad things happen. At least, it won't disappear simultaneously. I have several wallets with several addresses from trust wallet and imtoken, and each wallet from each chain like tronlink pro, LOBSTR, etc to diversify my assets. The most important thing, of course, is to secure the private key well.
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Luffygroove
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September 15, 2022, 02:53:28 AM |
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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 exactly, it's so risky to keep your assets in the exchangers in the long term. The hardware wallet indeed is the best option for now. It's ideal actually. 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 However, if you want to use the non-custodial one, I suggest using different wallets with different seeds or private keys. IMHO, In the crypto world, primarily related to security, the more hassle for you to keep it safe, the better. I mean to diversify your assets and diverse, your wallet will help when bad things happen. At least, it won't disappear simultaneously. I have several wallets with several addresses from trust wallet and imtoken, and each wallet from each chain like tronlink pro, LOBSTR, etc to diversify my assets. The most important thing, of course, is to secure the private key well.
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Memorabilia
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September 16, 2022, 07:17:01 AM |
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My favourites are Capital Wallet, Utrust, Trust Wallet and Coinbase. They offer solid security features which I guess is the top priority of every crypto hodler.
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albon
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September 17, 2022, 08:43:59 AM |
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Exodus wallet is pretty cool to store your Altcoins, I have been using it since its existence and have had no complains. To store coins on exchange is risky for some reasons but also has some advantage. I had 100,000 Doge coin in cryptopia exchange but lost all asset after the exchange was hacked. One advantage of storing Altcoin in exchange is that if the project do a swap, it can automatically swap you token. I have not really tried any other wallet except exodus.
Not all exchange wallets are bad and have high risks like what happened with you, I have been using a Binance wallet for several years and I have not had any problems because Binance is among the most powerful exchange platforms in the crypto market, so it is okay to store your coins on exchange wallets provided that this exchange is strong and very popular, I also recommend the Trust Wallet and Atomic Wallet to store altcoins, as they are very popular and highly secure wallets, in addition to their simple and easy interface for the user.
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Shamm
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September 17, 2022, 02:39:18 PM |
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For now I rely on trust wallets that I save on Android, I keep 12 keywords and I replace the first 3 words, middle and end in other words, then I take a photo and save on an email, if one day there is a problem, of course I still can Recovery easily and people who can hack my email will certainly not be easy to guess the 3 words I replace.
same us mate I am using trust wallet too and overall I am satisfied because it will works well in my android phone and also I feel comfortable that my money are safe. And in case of emergency ill kept my recovery phrase in to a piece of paper and put in my cabinet to secure. I am not using my Gmail because there's a time that a hacker can hack our account so its better to secure than regret.
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abralzain17
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September 19, 2022, 04:49:54 AM |
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to store altcoins I use Trust Wallet, I use it because it's easy to control and I've linked it to my cellphone, besides being easy to make transactions, Trust wallet is also very easy to understand
if you look at the appearance, even though I haven't tried it, the impression is the same as metamask. So it seems that everything ends up being returned to the individual they are using. because the habit of use also finally affects what has been used so far. I am used to using metamask and I think this is the best, although it is possible that one day I will also use the same as metamask and obviously it is a trustwallet. Yes, that's right, of course the wallet that we often use is the best wallet for storing altcoins, of course all the wallets that we use have strict security. I think wallets that have tight security are the best wallets so far and don't have to argue about that
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