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.

[satscraper]

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

Sorry, I missed this point somehow.

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

You see, I bought this wallet for $300 when the official site listed it at $250, so I paid an extra $50 to reseller in my country. I never regretted my purchase since most of my stash is in BTC and the wallet itself is top‑notch in terms of quality and security. So my answer to your question is a definite YES. $199 seems justifiable for anyone whose stash is mainly in BTC.

[Forsyth Jones]

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! 

The wallets you're interested in, of the multi-coin wallets, I believe that only the stack wallet has a desktop version, and Wasabi is bitcoin-only, but it's one of the best options available if you only want to store Bitcoin safely...

Although I've never used Cake wallet, it seems to be one of the best options, in addition to the vast privacy features it has, such as connection to Tor, sylent payments (bitcoin). I don't have much experience with multi-coin wallets, as I practically only use Bitcoin.

I prefer to keep my BTC amounts in a separate Bitcoin-only wallet as some members have recommended to you.

Trezor can be a great option for medium amounts, despite its convenience and support for multiple currencies and tokens, for me, an air-gapped hardware wallet like Passport, Coldcard or an offline PC will always be the safest and most robust option possible.

I suggest, when you have a considerable amount, a hardware wallet or offline PC only for Bitcoin and a Trezor only for small amounts in BTC and altcoins of interest to you.

[BernyJB]

Thank you all for the replies.

I should've been more clear in the original post. Initially, I live in Argentina. Whatever you can find elsewhere, you can probably find in here... at 3 to 6 times the cost, sometimes more. So official resellers are a no-go.

The idea is to  use a wallet on a USB stick (on Tails  or Qubes) for  now, so I can decompress a bit (including a potential new job that'd pay almost 3 times as I'm getting now) and start investing/trading whatever money I  can come up with. Fact is I've been saving like a maniac for almost a year, and now I have about $500, so it's not like I'm gonna be moving a fortune any time soon (or maybe I might?). In any case, getting a $79 wallet online would end costing me about $250, give or take (because of taxes, customs charges, shipping and whatnot), and would be about $400 in a reseller.

Incidentally, I already have about $25 in Electrum, so I can keep on using it for BTC. I hadn't thought of that.

So thank you all again. I  will probably go for Cake Wallet for now, and switch to a hardware wallet before I start trading in the billions  ().

[hugeblack]

In any case, getting a $79 wallet online would end costing me about $250, give or take (because of taxes, customs charges, shipping and whatnot), and would be about $400 in a reseller.

The problem with unauthorized resellers is that they can modify the hardware/firmware (I'm not saying all of them do, but there's still a possibility). So unless you know exactly what you want to do, it's best to buy online or use a USB stick (on Tails).

[MusaMohamed]

The problem with unauthorized resellers is that they can modify the hardware/firmware (I'm not saying all of them do, but there's still a possibility). So unless you know exactly what you want to do, it's best to buy online or use a USB stick (on Tails).

Hardware wallets or Tails OS is good for security of their cryptocurrency fund but as same as in anything, they must know how to do this rightly from buying a hardware wallet to install a Tail OS on USB flash drive.

[GUIDE] How to buy a Hardware Wallet the right way
How to Install Tails OS on USB flash drive for Wallet Purpose.

[Pmalek]

I should've been more clear in the original post. Initially, I live in Argentina. Whatever you can find elsewhere, you can probably find in here... at 3 to 6 times the cost, sometimes more. So official resellers are a no-go.

You are right about it being expensive in your country. I took a look at the offers that the official Argentinian Trezor resellers show offline. I used Trezor Safe 5 as an example. It's current price on the official website is $118. The best offer I found from Trezor resellers in Argentina is around $270. Another shop sells the device for $283 and the most expensive one costs $373.

Another option would be to buy a hardware wallet if and when you go abroad or have it shipped to a friend or family member who lives outside of Argentina for the normal price.

[m2017]

I should've been more clear in the original post. Initially, I live in Argentina. Whatever you can find elsewhere, you can probably find in here... at 3 to 6 times the cost, sometimes more. So official resellers are a no-go.

In any case, getting a $79 wallet online would end costing me about $250, give or take (because of taxes, customs charges, shipping and whatnot), and would be about $400 in a reseller.

Why are you making your life difficult?

https://bitcointalk.org/index.php?topic=5423037.msg66231146#msg66231146 - Check out this post and you'll see that to buy hardware wallet now (until January 5th), you need less than $50 and no overpayments + free shipping.

Maybe it's enough to buy a hardware wallet once and "sleep soundly"? Without wasting time searching for the "perfect free non-custodial" wallet.

Buying a hardware wallet can be considered an investment in the safety and security of your assets. Is it really worth saving $50 on that?

Incidentally, I already have about $25 in Electrum, so I can keep on using it for BTC. I hadn't thought of that.

Omg, you already have half of a hardware wallet.

So thank you all again. I  will probably go for Cake Wallet for now, and switch to a hardware wallet before I start trading in the billions  ().

Don't delay this moment.