I assume those of you that trade on bittrex don't need a wallet since you keep the coins on the exchange right? So for example if you have litecoin, lisk, etc... no wallet is necessary?
Now to those of you who keep coins in wallets, how do you make sure the wallet you download is safe etc? For example, there are tons of coins out there. So say you own like 10 different altcoins. You have 10 different wallets on your computer etc? The other thing is... every altcoin ... let just say in the top 100... they all have wallets that you download specifically for their coin right? The other thing is wouldn't it be complicated since i assume many wallets can be complicated? For example with bitcoin, many ppl use electrum. But for an average computer user, electrum is not exactly that simple to use etc. But let say im looking at coins like this
lisk
bytecoin
bitshares
steem
stellar lumens
ark
dogecoin
byteball
nexus
emercoin
So let say i want to buy all of these coins. So i need to download each wallet for each coin right? Now does anyone know if certain wallets are lot complicated to use than others? is there a 12 word phrase like in electrum etc?
But if you get those coins in an exchange like bittrex, i assume no wallet is necessary? But arent there ppl who trade on bittrex but certain coins they cannot get on bittrex? Then what do they do there then?
You should add MyEtherWallet.com to the list, one of the biggest and good around. They let you have whats yours means private keys...
and a lot of tokens are held by this wallet .