Best Wallet for Storing Altcoins?

[irhact]

Well since Binance has always been my preferred Crypto exchange so when they bought Trust wallet I became more confident to keep my alt coin portfolio in trust wallet.

I also use Trust wallet and I believe they're a very trustful wallet and that's not just because they got acquired by Binance but because Binance has no control over the wallet since it's a decentralized wallet. We don't have to undergo any KYC process to be able to use all the features of the wallet or have our funds frozen by authority. We also have our seed phrase which goes to prove the wallet can be exported Incase something was to happen to trust wallet.
With trust wallet we're In charge although I have one worry, why aren't we given an option to use the transaction fees we intact paying instead of the recommendation we get from them. It's very frustrating especially when you want a faster confirmation when the network is congested.

[add1ct3dd]

Are those wallets don't have an update feature? And maybe they can offer more storage space along with that. If it doesn't have then you may need to buy a new one with a much larger storage capacity so that you can store more cryptos on it. If you want to deal with risky coins then you should always use a separate wallet.

It can be an online wallet since I believe you are only gambling on them and they are not your priority. Risky coins are usually listed on a not so known exchange because the listing fees on those exchanges are only cheap. They are perfect for starters. As a trader, no I don't like to store most of my coins in an exchange. That's too risky for me.

[blockman]

What do you use with pancakeswap?  Do you use metamask with it only?  Is that all you need?  Do you link your nano ledger to the metamask?

Metamask works fine with just the extension or mobile wallet. A hardware wallet isn't necessary unless you need the extra security.

Right, that depends in ourselves about how good we are maintaining and securing our wallet. I meant as long as he was storing his key properly and it sounds like hardware wallet is not needed in this case. If he wanna spent more money to buy that and that's not a problem at all.
In my opinion as long as he can maintain his wallet like metamask so well and hardware wallet is not a must to be owned.

As much as possible, I'm refraining from connecting my hardware wallet to any website such as dexes. IMO, that defeats the purpose of being lone storage as it should be a separate device that shouldn't be connected to any dex or any website since these hardware wallets have their own tools or apps for us to use them. But I'm not saying that it's dangerous to that, I just don't like doing that to my own hardware and I refuse on doing that since I just can do the transaction by getting the address and sending it from here and there without the need of connecting it to the dex that I might use.

[CryptoYar]

If I want to start trading altcoins but particularly those meme coins and weird coins that come out, what wallet would you need for that? 

There is a difference between trading and holding.

You don't need a wallet for trading, buy weird coins/ or tokens from a exchnage where they're listed, and sell them when you are in profit.

Whereas in holding you buy a coin and hold it for a period of time for that reason you need a wallet. And since you already have Ledger Nano S you can hold in this wallet.

I heard about metamask.  That is an online wallet.  So if you connect the metamask to the nano ledger s plus, than that would work?

Yes, here is rhe video tutorial: https://youtu.be/C3-tz0DQ-Vc

Also when you find out about new coins, what exchange do you go to to find these coins?  Is it almost always something like uniswap or pancakeswap and not a major exchange?

if it is on ethereum chain then it is listed on uniswap or sushiswap and if the token is created upon binance smartchain then it would be listed on pancakeswap before any centralised exchange.

[dlightag]

They are many wallet to used to store cryptocurrency, which I prefer using Trust wallet app and metamask to save Alt-coin for a future usage.