Marvell1
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September 19, 2022, 07:24:17 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. Well, although binance is considered to be the most secure exchange today and has not experienced any problems such as being hacked by hackers, another risk you may face is sudden account freezing without any notice to the owner. I have seen many such cases. Such cases binance is also solved for the user, but the user suffers a heavy loss like the account is trading futures or you need to cash out when the market goes high but can't and after the problem is resolved, the market drops a lot. In general, there are many problems when storing assets on an exchange.
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CapGelatik
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Merit: 100
Combo Network
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September 19, 2022, 09:02:40 AM |
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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.
Yes for trustwallet I think there is no doubt and I'm sure everyone must have that wallet, so far when using trustwallet for myself it's still safe and i hope it will continue, what you do I think is almost the same as what I do
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asrinur
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September 19, 2022, 02:36:46 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
Indeed Trust Wallet is one of the easiest wallets to use to store crypto currency. Moreover, Trust Wallet supports a variety of crypto assets to be stored. In addition, With Trust you can buy, send, receive and deposit Bitcoin or other cryptocurrencies.
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abralzain17
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September 19, 2022, 03:50:24 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
Indeed Trust Wallet is one of the easiest wallets to use to store crypto currency. Moreover, Trust Wallet supports a variety of crypto assets to be stored. In addition, With Trust you can buy, send, receive and deposit Bitcoin or other cryptocurrencies. Yes, that's right, a trust wallet is a medium that makes it easy for every user to transact, whether it's buying, sending, receiving, and depositing Bitcoin or other crypto currencies. Thus, I think many of us are using Trus wallet now.
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arufox
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Next Generation Web3 Casino
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September 19, 2022, 05:31:27 PM |
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I've been using Trust Wallet for years because I think Trust Wallet is one of those wallets that is easy to use and allows users to securely store crypto assets. In addition, Trust Wallet also offers many features and also low gas fees when making transactions.
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Uruhara
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September 19, 2022, 08:56:19 PM |
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I'm still new to cryptocurrency. so I don't know much. and the wallet I use is usually TrustWallet. I don't know if it's safe or not. but as long as I can keep the mnemonic Phrase and private key. then I'm a safe wallet.
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Bhig Daddy
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September 20, 2022, 09:12:57 AM |
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I only have one primary wallet where I keep my potentially valuable bitcoins and cryptocurrencies. I prefer not to use numerous wallets in order to save private keys correctly and prevent errors. For greater dual security, I utilize a hardware wallet as my primary wallet. instead of using a mobile wallet that could still be hacked or have malware added. and the users themselves are what determine security the most, thus it is up to us as users to be watchful and not overlook security.
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tomos81
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September 20, 2022, 01:03:33 PM |
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I am currently using trust wallet now. Because the trust wallet is controlled by the private key face. Whereas creating password based on many words which is most likely to be hacked is less.Although now at present this wallet has given very good service so most of the people use this wallet. And for your greater security you can use desktop hardware wallets. These wallets are very good which can give you double security. Chances of getting hacked are very low.
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abralzain17
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September 20, 2022, 02:33:36 PM |
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I've been using Trust Wallet for years because I think Trust Wallet is one of those wallets that is easy to use and allows users to securely store crypto assets. In addition, Trust Wallet also offers many features and also low gas fees when making transactions.
Of course, trust wallets are the choice of many people for almost the same reason as what you said, which is easy to use and has strong security for the storage of assets owned.
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Crypt0Gore
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September 20, 2022, 02:42:33 PM |
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Hardware wallet now supports altcoins in different chains, you can add other network when connect to a PC or through metamask, I presently use trust wallet and it's very safe but if you want the best then hardware wallet is what you definitely need.
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Warkop
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casinosblockchain.io
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September 20, 2022, 04:02:16 PM |
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I've been using Trust Wallet for years because I think Trust Wallet is one of those wallets that is easy to use and allows users to securely store crypto assets. In addition, Trust Wallet also offers many features and also low gas fees when making transactions.
I am the same as you, that I also use Trust wallet to store my assets, a little story about my experience, with the emergence of Trust wallet in the last few years, it really really helped me protect my assets from hackers or criminals, first I keep my assets only on Bittrex exchange, and it's actually risky, but I believe that Bittrex at that time was the biggest market in 2016, so that's why I put my very large amount of assets, even I never put assets I am in a Blockchain wallet, with the presence of Trust Wallet, I am a little relieved to keep my assets safer..
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arufox
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Next Generation Web3 Casino
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October 12, 2022, 01:27:23 PM |
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I've been using Trust Wallet for years because I think Trust Wallet is one of those wallets that is easy to use and allows users to securely store crypto assets. In addition, Trust Wallet also offers many features and also low gas fees when making transactions.
I am the same as you, that I also use Trust wallet to store my assets, a little story about my experience, with the emergence of Trust wallet in the last few years, it really really helped me protect my assets from hackers or criminals, first I keep my assets only on Bittrex exchange, and it's actually risky, but I believe that Bittrex at that time was the biggest market in 2016, so that's why I put my very large amount of assets, even I never put assets I am in a Blockchain wallet, with the presence of Trust Wallet, I am a little relieved to keep my assets safer.. Indeed Trust wallet is very well used to store crypto assets. In addition to having various superior features that really help you in storing assets, Trust wallet also makes it easy for users to transact quickly. Trust wallet also makes it easy for users to easily track charts as well as coin and token prices. But keep in mind that although it has many advantages, the Trust wallet also has a drawback, namely the level of security is not equivalent to a hardware digital wallet. So we have to be wise in using it.
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kesmex
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The OGz Club
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October 12, 2022, 01:33:05 PM |
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I've been using Trust Wallet for years because I think Trust Wallet is one of those wallets that is easy to use and allows users to securely store crypto assets. In addition, Trust Wallet also offers many features and also low gas fees when making transactions.
I am the same as you, that I also use Trust wallet to store my assets, a little story about my experience, with the emergence of Trust wallet in the last few years, it really really helped me protect my assets from hackers or criminals, first I keep my assets only on Bittrex exchange, and it's actually risky, but I believe that Bittrex at that time was the biggest market in 2016, so that's why I put my very large amount of assets, even I never put assets I am in a Blockchain wallet, with the presence of Trust Wallet, I am a little relieved to keep my assets safer.. Indeed Trust wallet is very well used to store crypto assets. In addition to having various superior features that really help you in storing assets, Trust wallet also makes it easy for users to transact quickly. Trust wallet also makes it easy for users to easily track charts as well as coin and token prices. But keep in mind that although it has many advantages, the Trust wallet also has a drawback, namely the level of security is not equivalent to a hardware digital wallet. So we have to be wise in using it. There are indeed many advantages that Trust Wallet has and you have mentioned it more or less like that, but the most important thing is Trust Wallet is a wallet that is trusted and there is no need to doubt it, Hopefully in terms of security in the future can be improved again
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NNRR
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October 12, 2022, 05:29:30 PM |
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From my point of view the best wallet to hold alt coins is hardware wallet because hardware is very secure so you all should use hardware wallet if you want to hold any token for long term but many of us can't buy hardware wallet they even use Metamask and Trust wallet Both are safe for my opinion.
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Wawa2013
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October 12, 2022, 06:20:27 PM |
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From my point of view the best wallet to hold alt coins is hardware wallet because hardware is very secure so you all should use hardware wallet if you want to hold any token for long term but many of us can't buy hardware wallet they even use Metamask and Trust wallet Both are safe for my opinion.
In fact, many people understand that hardware wallets are the best choice for storing our altcoins in the long term. The problem is that the hardware wallet price is quite expensive for some people, especially if they don't have too many altcoins, this finally makes people look for other solutions by choosing online wallets such as Metamask and Trust wallets to store their altcoins. When it comes to security, hardware wallets are the best, but if we can't afford a hardware wallet, using an online wallet the best solution we can take. Moreover, based on my experience while using Metamask, Trust wallet and Mycelium I have not experienced serious problems, so it can be said that it is quite recommended to use. I think online wallets are still more secure than we store our altcoins on exchanges. My suggestion would be better if we want to store our altcoins in an online wallet, it's good we don't just use one online wallet. This is to anticipate if one of our online wallets is hacked, we will not lose all the altcoins we have. Because we still have altcoins in other online wallets.
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mdzahed134
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October 12, 2022, 06:45:34 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.
I have never used exodus wallet, so i don’t know about it. Exchanges will never safe to keep store your assets even i don’t recommend on the big exchanges to hold your coins. For youe mistake you lost big things, Cryptopia was low tier exchange on the market, why did you go there to store here instead of big exchanges like Binance, Kucoin, Huobi?
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lepbagong
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October 22, 2022, 03:40:17 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.
I have never used exodus wallet, so i don’t know about it. Exchanges will never safe to keep store your assets even i don’t recommend on the big exchanges to hold your coins. For youe mistake you lost big things, Cryptopia was low tier exchange on the market, why did you go there to store here instead of big exchanges like Binance, Kucoin, Huobi? I've also never used an exodus wallet, in fact I just found out and it wouldn't hurt to try. but at this time I can't comment on this exodus wallet. I hope it is very good as you said of course this will increase knowledge but probably will not change the wallet that I have used so far because of the convenience factor and already feel comfortable. Very sad if your coin is hacked but it is true that it is very risky to store our coins in all exchanges, if indeed we are actively trading, it is better as the colleague said above to save on Binance, Kucoin which has proven reliable.
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Hamza2424
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October 22, 2022, 05:50:11 PM |
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Please mention your preference first as for what are you looking for as a Cold Storage or as a Hot storage because on Hot list there stand many of the wallets primarily the basic one Metamask, Trust Wallet rest is upto you where you want to go as Hot storage can't be efficient for the holding.
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d3nz
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October 22, 2022, 06:08:24 PM |
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From my point of view the best wallet to hold alt coins is hardware wallet because hardware is very secure so you all should use hardware wallet if you want to hold any token for long term but many of us can't buy hardware wallet they even use Metamask and Trust wallet Both are safe for my opinion.
As a trader, I didn't even use a hardware wallet and so far I didn't get hacked or lost my assets it really depends on the user on how they can keep and secure their assets on a wallet. I keep my assets on known exchange and Metamask since I am using them since the beginning of trading and keeping my altcoins. Keeping an asset on a secure exchange can be taken advantage of, In case of a sudden up or drop in the market, you can execute a trade quickly.
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virasog
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October 22, 2022, 06:46:22 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 would go for Exodus and trust wallet. Both of them are good wallets and you can have a piece of mind storing your coins in those wallets. Of course hardware wallets are better than these software wallets but if you do not want to spend extra money on hardware wallets, these two wallets are best as of now. Exodus is closed source which means you never really know what goes on since it's only the team who has complete control of the codes. You have to put your complete trust into them that they won't make a mistake or f*ck up in the long term. Are you willing to take that risk? At least go for open source.
You can have a long debate on whether the open-source wallet is better or the closed-source one. With the closed source wallet the team can misbehave at any time but with oen source all the hackers keep on exploiting the code to find any loophole and take advantage of it. At least hackers can't see and try to manipulate with the closed source.
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