Topic: A question about wallets (BTC and USDT) (Read 306 times)
I think the best place to put your Bitcoin and USD is the hardware wallet. It is a very popular and reliable wallet. You can safely keep your Bitcoin and USD. The hardware wallet is better than the desktop wallet. It is not open source and can hold your keys securely.
I use exoduse wallet for bitcoin. Simple and safe.
Thanks for the question tho, it reminded me to check on nwc this weekend.
Thanks for the question tho, it reminded me to check on nwc this weekend.
Exodus wallet isn't as safe as you think though. It's not open source, and if I remember correctly, the private keys are stored on your device in clear text; that's a very very big issue no doubt. Hardware wallets are still the way to go.
If you don't want to use a hardware wallet, a multicurrency wallet would be your other option. So i am suggest another really good and open source option.
It's called Trust Wallet. It supports all the coins you want listed above but so far they have only apps that work on Android and iOS.
- https://trustwallet.com
I used to think open source was a great idea, it still is, but I'm not sure anymore after reading this article. They seem to have a very strong case for why hardware wallets should not be open source: https://medium.com/cobo-vault/should-hardware-wallets-be-open-source-52209e046cf2 It's called Trust Wallet. It supports all the coins you want listed above but so far they have only apps that work on Android and iOS.
- https://trustwallet.com
Hello
So I am currently using a Solar wallet where I hold NWC and XLM, but I would like to also have Bitcoin and Tether is at all possible to have it on Solar?
If not, which is the best wallet to hold Bitcoins and Tether? (i don't mean hardware wallets, I need a desktop wallet)
Thanks for your help
Exodus for both So I am currently using a Solar wallet where I hold NWC and XLM, but I would like to also have Bitcoin and Tether is at all possible to have it on Solar?
If not, which is the best wallet to hold Bitcoins and Tether? (i don't mean hardware wallets, I need a desktop wallet)
Thanks for your help
The best bitcoin wallet which I have used is electrum. It is the most lightweight desktop wallet which supports multiple operating systems. Also, it is integrating with some premium hardware wallets such as trezor, Ledger nano s. But if you are a beginner then it is not suitable for you because it only supports BTC.
For USDT you can use an exodus wallet. It supports so many currencies that include BTC. The most important thing the fee you are going to pay is not for the wallet and it is for the network. You can consider it the best tether wallet for beginners.
For USDT you can use an exodus wallet. It supports so many currencies that include BTC. The most important thing the fee you are going to pay is not for the wallet and it is for the network. You can consider it the best tether wallet for beginners.
There aren't so many multi coin desktop wallets which would be really good and safe to use. Personally, I would suggest to try Coinomi desktop wallet. Obviously, you can hold Bitcoins there and from what I can remember they also support USDT. Exodus is another option, but IMO they aren't as good as Coinomi. Can you tell why hardware wallets doesn't fits for you? Or it's about their price?
It is mostly because of the price, at the moment i'm still new in the crypto world and i will not invest huge amounts of money into it. Once i learn and really start trading i'll buy hardware wallet for sure.
Here is step by step to add Bitcoin to your Solar Wallet
Thanks man, will test if works!
! 
There aren't so many multi coin desktop wallets which would be really good and safe to use. Personally, I would suggest to try Coinomi desktop wallet. Obviously, you can hold Bitcoins there and from what I can remember they also support USDT. Exodus is another option, but IMO they aren't as good as Coinomi. Can you tell why hardware wallets doesn't fits for you? Or it's about their price?
There's been about 40 upgrades to the wallet since this information was put out.
Also, every wallet can be susceptible to being hacked if your computer security is lax. That's why I suggested pairing it with a Trezor.
Exodus also put out a great guide of steps to take to keep your assets safe. I think the tips should be used by everyone - regardless of which wallet you use.
https://support.exodus.io/article/767-how-do-i-keep-my-money-safe
Also, every wallet can be susceptible to being hacked if your computer security is lax. That's why I suggested pairing it with a Trezor.
Exodus also put out a great guide of steps to take to keep your assets safe. I think the tips should be used by everyone - regardless of which wallet you use.
https://support.exodus.io/article/767-how-do-i-keep-my-money-safe
Exodus does not store your private keys in clear text. All information about your assets are encrypted on your own device.
It also works seamlessly with Trezor if you want to implement more security. Easy, beautiful and safe.
It also works seamlessly with Trezor if you want to implement more security. Easy, beautiful and safe.
Take a look at these(props to hugeblack)[1]:
- https://www.youtube.com/watch?v=VU3Zfrvsm8k
- https://cryptocoremedia.com/exodus-neon-wallets-hackable/
I'm not sure if this is still the case, but definitely watch out.
[1] https://bitcointalksearch.org/topic/m.33350931
I use exoduse wallet for bitcoin. Simple and safe.
Thanks for the question tho, it reminded me to check on nwc this weekend.
Thanks for the question tho, it reminded me to check on nwc this weekend.
Exodus wallet isn't as safe as you think though. It's not open source, and if I remember correctly, the private keys are stored on your device in clear text; that's a very very big issue no doubt. Hardware wallets are still the way to go.
Exodus does not store your private keys in clear text. All information about your assets are encrypted on your own device.
It also works seamlessly with Trezor if you want to implement more security. Easy, beautiful and safe.
Here is step by step to add Bitcoin to your Solar Wallet
1. Go to Assets & Balances
2. Add assets to your account
3. Custom asset
4. Search with keywords Bitcoin or BTC (for BTC) you can use another cryptocurrency keywords as you need
5. Select issuer or service. I choose Interstellar
6. Read description of service, if you are trusting this service, just hit add asset button
7. Confirm your asset. You need to pay small amount to confirm
I'm not recommends you to use Solar Wallet to store your Bitcoin, USDT. It's better to use another service that's ready with major coin/token as recommendations from other members above. This is just a tutorials to add assets, DWYOR / DYOR
1. Go to Assets & Balances
2. Add assets to your account
3. Custom asset
4. Search with keywords Bitcoin or BTC (for BTC) you can use another cryptocurrency keywords as you need
5. Select issuer or service. I choose Interstellar
6. Read description of service, if you are trusting this service, just hit add asset button
7. Confirm your asset. You need to pay small amount to confirm
I'm not recommends you to use Solar Wallet to store your Bitcoin, USDT. It's better to use another service that's ready with major coin/token as recommendations from other members above. This is just a tutorials to add assets, DWYOR / DYOR
I use exoduse wallet for bitcoin. Simple and safe.
Thanks for the question tho, it reminded me to check on nwc this weekend.
Thanks for the question tho, it reminded me to check on nwc this weekend.
Exodus wallet isn't as safe as you think though. It's not open source, and if I remember correctly, the private keys are stored on your device in clear text; that's a very very big issue no doubt. Hardware wallets are still the way to go.
If you don't want to use a hardware wallet, a multicurrency wallet would be your other option. So i am suggest another really good and open source option.
It's called Trust Wallet. It supports all the coins you want listed above but so far they have only apps that work on Android and iOS.
- https://trustwallet.com
It's called Trust Wallet. It supports all the coins you want listed above but so far they have only apps that work on Android and iOS.
- https://trustwallet.com
I use exoduse wallet for bitcoin. Simple and safe.
Thanks for the question tho, it reminded me to check on nwc this weekend.
Thanks for the question tho, it reminded me to check on nwc this weekend.
You can use Coinomi and Atomic Wallet as multi-wallets, you can use several coins, and in my opinion, the most convenient desktop wallets are Coinomi and Atomic Wallet.
A hardware wallet is the best option
If you want to store all your coins you mentioned I would use coiniomi (mobile version, not desktop). It is not the best wallet, but you said you don't want a hardware wallet..
I would certainly buy ledger or trwzor as they can hold all your coins as well.
If you want to store all your coins you mentioned I would use coiniomi (mobile version, not desktop). It is not the best wallet, but you said you don't want a hardware wallet..
I would certainly buy ledger or trwzor as they can hold all your coins as well.
I know it's quite hard to manage different wallets and maybe that's one of the reasons why some prefer to use multi coins wallet. It's really an ease. However, I agree with t@mjglqw had said since it's more risk on security and imagine like giving all your coins to hacker ( when your wallet got compromised ).
I really suggest against using multi-coin wallets if you're looking to secure your coins(unless you're using a hardware wallet like Ledger or Trezor, if you don't, come on, they're on sale!). I suggest leaving your XLM funds on your XLM wallet, and your bitcoin to your bitcoin wallet(preferrably, Electrum, or a hardware wallet). Due to security reasons.
As with Tether, well, https://bitcointalksearch.org/topic/updated-psa-most-stablecoins-can-be-frozen-even-in-your-own-wallets-5204055
As with Tether, well, https://bitcointalksearch.org/topic/updated-psa-most-stablecoins-can-be-frozen-even-in-your-own-wallets-5204055
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