Alright, more questions about wallets.

[BernyJB]

Ok, so I've been researching crypto wallets for a while, and now I had an epiphany: is there a non-custodial, multicurrency crypto wallet I can use on Linux in my computer? So, of course, I asked my friend AI on Duck-Duck go, and promptly got a response. Yes! There are at least 3: Cake Wallet, Stack Wallet and Wasabi.

So, here are the questions:

1. Are they any good? I'm looking for a short term solution while I can come up with the money for a Trezor, so nothing really that permanent, but on the other hand, if the wallet is good enough I could eventually install it on a USB stick, on a privacy oriented distro like Tails or Qubes,  and call it a day.

2. How do they stack against a Trezor, or other hardware wallet?

3. Is there any other option, to your knowledge, that might be similar or better than those 3?

I still haven't done any research on my own, wanted to know what you guys thought first.
As usual, thank you all in advance, and happy new year! 

[OmegaStarScream]

- I don't believe Wasabi is a multi currency wallet unless there was a recent update.

1. The wallets are fine but they don't protect you against malware. Definitely not recommended for storing large sums of money.
2. Incomparable. Hardware wallets are superior.
3. You've got unstoppable wallet. But i wouldn't say it's necessarily better.

[Zaguru12]

Among the three, the Cake wallet has been making waves as I have seen its recommendations from users on this forum on how they have used it without much of a problem. It’s open source, support privacy with a built in Tor among other features and this sits well for me for a multi currency wallet. Although I have read that it doesn’t supports BIP44 standards like other wallets meaning you have to actually just create a new seed phrase for each cryptocurrency instead of having one unified seed phrase for it.

But the risk of using hot wallet cannot be eliminated so I expect you to take aid faster and settle for a hardware wallet soon.

cake wallet website
cake wallet GitHub page

Forum review thread started by a user Apogio.

[Ruttoshi]

Unstoppable wallet is another good multi coins wallet but it has synchronizing bug once in a while. However, cake wallet is a good multi coins wallet and has the swap features making it somehow unique from the rest software wallets that are open source and noncustodial multi coins wallet.

A hardware wallet is the best because it's always offline and the seedphrase is secured. However, it will be good to use a only bitcoin wallet to store your bitcoin and use trezor to store altcoins.

[satscraper]

1. Are they any good? I'm looking for a short term solution while I can come up with the money for a Trezor, so nothing really that permanent, but on the other hand, if the wallet is good enough I could eventually install it on a USB stick, on a privacy oriented distro like Tails or Qubes,  and call it a day.

You might want to consider installing Tails on a USB stick. The Tails distribution includes Electrum by default.

2. How do they stack against a Trezor, or other hardware wallet?

Regarding hardware wallets, nothing beats the Passport Core for me. The price is $199, but the wallet is worth it. It’s out of stock on their official site ^{because it sells like hot buns on a stove,} but you ^probably may be able to find it through a reseller in your country.

[OmegaStarScream]

-snip-
A hardware wallet is the best because it's always offline and the seedphrase is secured. However, it will be good to use a only bitcoin wallet to store your bitcoin and use trezor to store altcoins.

I'm curious as to know why? I mean why would you want to store bitcoin and alts in different wallets? More confusing that you suggested a software wallet for bitcoin but a hardware one for alts?

Regarding hardware wallets, nothing beats the Passport Core for me. The price is $199, but the wallet is worth it. It’s out of stock on their official site ^{because it sells like hot buns on a stove,} but you ^probably may be able to find it through a reseller in your country.

Probably not what OP is looking for since he wants a multi currency wallet.

I'd like to know your opinion on the cost though... do you think 199$ is justifiable for a bitcoin only wallet?

[hugeblack]

Cake Wallet is the best option, but if you tell us how many cryptocurrencies you plan to hold, we will give you more options (not a multi-currency wallets).
HWs costs on average between ~ $100, so unless your cryptocurrency investments are more than $100, there is no point in buying it. Open-source/well-reviewed options would be a suitable choice.

[Ruttoshi]

-snip-
A hardware wallet is the best because it's always offline and the seedphrase is secured. However, it will be good to use a only bitcoin wallet to store your bitcoin and use trezor to store altcoins.

I'm curious as to know why? I mean why would you want to store bitcoin and alts in different wallets? More confusing that you suggested a software wallet for bitcoin but a hardware one for alts?

You didn't get my point. I said, there's no need OP should use one same wallet to store bitcoin and altcoins. He should seperate bitcoin wallet from a altcoins wallet. I didn't mention any software wallet for bitcoin.

Personally, I use electrum cold storage to store my bitcoin and use cake wallet for altcoins because I hold very little altcoins. Infact, I don't have a hardware wallet.

[internetional]

Ok, so I've been researching crypto wallets for a while, and now I had an epiphany: is there a non-custodial, multicurrency crypto wallet I can use on Linux in my computer? So, of course, I asked my friend AI on Duck-Duck go, and promptly got a response. Yes! There are at least 3: Cake Wallet, Stack Wallet and Wasabi.

And why exactly these three wallets? There are so many wallets available as browser extensions that support multiple currencies and work perfectly on Linux. I personally use Enkrypt - it fits all my needs and I have no complaints.

There are also web wallets, which are even more convenient. No family member would ever notice that a wallet exists on your computer, because there is no separate application installed. Access happens directly through the browser.

Although, I guess, multi-currency support might be a bit more limited. The web wallets I know are great for Bitcoin, but they don't support anything beyond that.

[Pmalek]

Forget about Wasabi. That's a bitcoin-only wallet, so it won't serve for the purpose you want.
I think Cake wallet is easier to use than Stack Wallet. If I remember correctly, Stack wallet requires that you generate a new seed for each cryptocurrency you want to use with it. That may not be too big of an issue, but it kind of defeats the purpose of using a multicoin wallet. You could as well install multiple different software wallets for each coin (if they are available for Linux) and get similar results.

A quality, open-source hardware wallet beats a hot software wallet any day of the week. Your keys are stored in chips on the hardware and not on a device that is constantly connected to the internet, always communicating and has God knows what else installed on it that might be malicious or turn malicious with time.

It's the holiday season. If you are thinking of buying a hardware wallet, now is a good time for it. Many brands have discounts during this period.

3. You've got unstoppable wallet. But i wouldn't say it's necessarily better.

Unstoppable Wallet isn't available for Linux, only Android and iOS.

Unstoppable wallet is another good multi coins wallet but it has synchronizing bug once in a while. However, cake wallet is a good multi coins wallet and has the swap features making it somehow unique from the rest software wallets that are open source and noncustodial multi coins wallet.

Unstoppable Wallet also has swaps. It supports THORChain and the Maya Protocol. But as I said, it's not available on Linux.

HWs costs on average between ~ $100, so unless your cryptocurrency investments are more than $100, there is no point in buying it.

OP might want to increase their portfolio in the future, and that $100 investment could soon become $1,000 or $10,000.

And why exactly these three wallets? There are so many wallets available as browser extensions that support multiple currencies and work perfectly on Linux. I personally use Enkrypt - it fits all my needs and I have no complaints.

There are also web wallets, which are even more convenient.

Convenience and security are two very different things. Web and browser wallets may be convenient and easy to access and use. So are custodial exchanges. But in terms of security, browser wallets are the worst type you could use.