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Topic: Best wallet for altcoins ? - page 2. (Read 1511 times)

hero member
Activity: 1148
Merit: 518
November 18, 2022, 01:03:19 AM
Right. Besides having many advantages, Trust Wallet also has disadvantages. Just like with other wallets, each has its own advantages and disadvantages. Therefore we must be wise in using it.
Trust wallet is one of the good wallet we still have presently but I don't suggest we use it for long term storing Bitcoin and Ethereum. Hackers have improved in their malicious act in the past years and they are fully capable of invading into ones private wallet and defraud the person. Trust wallet have 12 key private phrases, once one get these phrases misplaced, consider the wallet bye because there's no single chances of getting the wallet back. The more reason I prefer wallet that have two factor security authentication, it helps alot compare to the cold wallets. Trust wallet have demerit and merit, also a key purpose to daily traders.
hero member
Activity: 868
Merit: 737
November 17, 2022, 08:42:00 PM
For hot wallet for  bitcoin, I use mycelium, it's segwit enabled. For etheruem ecosystem, I use Imtoken for mobile and Metamask for wallet extension, pancake trades I use Trustwallet. For safe keep of my stabe coins, I use a hardware wallet.
I remembered mycelium wallet is not good for mobile because have bug sync when reloading the balance. I used mycelium together with ETH, I don't know why you use Imtoken also for mobile while mycelium has for that. I suggest to you use electrum for bitcoin only if want to keep a lot of tokens besides another application wallet.
full member
Activity: 1066
Merit: 188
Next Generation Web3 Casino
November 14, 2022, 03:31:42 PM
I've been using Trust Wallet for years because I think Trust Wallet is one of those wallets that is easy to use and allows users to securely store crypto assets. In addition, Trust Wallet also offers many features and also low gas fees when making transactions.

I am the same as you, that I also use Trust wallet to store my assets, a little story about my experience, with the emergence of Trust wallet in the last few years, it really really helped me protect my assets from hackers or criminals, first I keep my assets only on Bittrex exchange, and it's actually risky, but I believe that Bittrex at that time was the biggest market in 2016, so that's why I put my very large amount of assets, even I never put assets I am in a Blockchain wallet, with the presence of Trust Wallet, I am a little relieved to keep my assets safer..
Indeed Trust wallet is very well used to store crypto assets. In addition to having various superior features that really help you in storing assets, Trust wallet also makes it easy for users to transact quickly. Trust wallet also makes it easy for users to easily track charts as well as coin and token prices. But keep in mind that although it has many advantages, the Trust wallet also has a drawback, namely the level of security is not equivalent to a hardware digital wallet. So we have to be wise in using it.
There are indeed many advantages that Trust Wallet has and you have mentioned it more or less like that,
but the most important thing is Trust Wallet is a wallet that is trusted and there is no need to doubt it,
Hopefully in terms of security in the future can be improved again
Right. Besides having many advantages, Trust Wallet also has disadvantages. Just like with other wallets, each has its own advantages and disadvantages. Therefore we must be wise in using it.
member
Activity: 843
Merit: 52
October 30, 2022, 05:19:02 PM
For hot wallet for  bitcoin, I use mycelium, it's segwit enabled. For etheruem ecosystem, I use Imtoken for mobile and Metamask for wallet extension, pancake trades I use Trustwallet. For safe keep of my stabe coins, I use a hardware wallet.
sr. member
Activity: 1372
Merit: 252
October 30, 2022, 02:59:26 PM
I've been using nano ledgers for a few years. the wallet is safe enough to be used to store assets in the long term,
until now I still use the nano ledger and have not tried other wallets, but for transactions I prefer trustwallet and safepal because they are quite easy to use

I still haven't used the nano ledger to store the Assets I own. And I will try it if this wallet is really safe. But to send tokens like you, I use Truswallet and Metamask
If for the long term and investment, Ledger Wallet is highly recommended because security is very strong, because this wallet is a hardware wallet,
so we are the only threat, for example, forgetting to put, forgetting password or private key, but for hacker problems I guarantee Ledger will never be affected,
and if you use Trustwallet or metamask make sure you are completely safe.
sr. member
Activity: 2590
Merit: 322
Vave.com - Crypto Casino
October 30, 2022, 01:37:38 PM
From my point of view the best wallet to hold alt coins is hardware wallet because hardware is very secure so you all should use hardware wallet if you want to hold any token for long term but many of us can't buy hardware wallet they even use Metamask and Trust wallet Both are safe for my opinion.
Personally I had used metamask and Trust wallet respectively both wallets are recommended to any crypto user, both wallets are user friendly and easily navigable, however it's better to avoiding hodling huge amount of coins in those online wallet because it can be compromised through phishing by hackers who had devised various sophiscated methods of stealing coins, best bet is to use to hardware wallet to hodl huge amount of coins afterall the cost of the hardware wallet is very affordable and it usefulness in securing those coins is unparalleled and incomparable with online wallets.
member
Activity: 658
Merit: 20
October 30, 2022, 01:02:18 AM
I've been using nano ledgers for a few years. the wallet is safe enough to be used to store assets in the long term,
until now I still use the nano ledger and have not tried other wallets, but for transactions I prefer trustwallet and safepal because they are quite easy to use

I still haven't used the nano ledger to store the Assets I own. And I will try it if this wallet is really safe. But to send tokens like you, I use Truswallet and Metamask
member
Activity: 737
Merit: 11
October 29, 2022, 11:32:48 PM
Be alert and don't easily believe in the wallet developer, I've lost Bitcoin, Bitcoin Cash and Ethereum when I keep it in Xapo, if we want to save assets then make sure we have a private key or word seed so that if the wallet service is closed then we are easy to restore the asset .
newbie
Activity: 28
Merit: 1
October 29, 2022, 01:56:35 PM
I suggest trust wallet and meta mask as a digital wallets because they are very secure for altcoins . Oterwise cold wallets are very secure for i.e ledger nano X are very secured wallets for your altcoins.
sr. member
Activity: 2254
Merit: 309
Seabet.io | Crypto-Casino
October 22, 2022, 02:29:07 PM
I would go for Exodus and trust wallet. Both of them are good wallets and you can have a piece of mind storing your coins in those wallets. Of course hardware wallets are better than these software wallets but if you do not want to spend extra money on hardware wallets, these two wallets are best as of now. 
First time I heard with Exodus wallet because usually I used with trustwallet and metamask wallet for saving some altcoin assets, seems check website with Exodus is good but I don't know about reputation from this wallet. Save altcoin is better on hardware wallet but need to spent above $50 for purchasing hardware wallet, still have free place for saving altcoin assets like trustwallet or metamask why not save assets at trustwallet or metamask? keep safety if not any connecting with dapp or approval when have unknow token receiving in our wallet I think no problem without have to use hardware wallet for saving funds.
legendary
Activity: 2954
Merit: 1159
October 22, 2022, 02:16:22 PM
Throughout the years I have just been holding bitcoin and ethereum in a non-custodial wallet but now I have decided to diversify my portfolio.
There are a lot of potential altcoins out there and I have picked up a few. Storing altcoins on an exchange id obviously not the right thing to do.
While I know that hardware wallet would be the best place to store altcoins I want to know other options as well.

Thinking about long term perspective.

1. For now, I have been thinking to store them on a non-custodial wallet but then again which wallet should it be ? My choice would be Exodus but let me know which one is best.
2. Would it better to store different altcoins in different wallets or decrease the hassle of maintaining different wallets and settle down with just one with all the coins.

I would go for Exodus and trust wallet. Both of them are good wallets and you can have a piece of mind storing your coins in those wallets. Of course hardware wallets are better than these software wallets but if you do not want to spend extra money on hardware wallets, these two wallets are best as of now. 

Exodus is closed source which means you never really know what goes on since it's only the team who has complete control of the codes. You have to put your complete trust into them that they won't make a mistake or f*ck up in the long term. Are you willing to take that risk? At least go for open source.

You can have a long debate on whether the open-source wallet is better or the closed-source one. With the closed source wallet the team can misbehave at any time but with oen source all the hackers keep on exploiting the code to find any loophole and take advantage of it. At least hackers can't see and try to manipulate with the closed source.
sr. member
Activity: 1274
Merit: 264
October 22, 2022, 01:38:24 PM
From my point of view the best wallet to hold alt coins is hardware wallet because hardware is very secure so you all should use hardware wallet if you want to hold any token for long term but many of us can't buy hardware wallet they even use Metamask and Trust wallet Both are safe for my opinion.

As a trader, I didn't even use a hardware wallet and so far I didn't get hacked or lost my assets it really depends on the user on how they can keep and secure their assets on a wallet. I keep my assets on known exchange and Metamask since I am using them since the beginning of trading and keeping my altcoins.

Keeping an asset on a secure exchange can be taken advantage of, In case of a sudden up or drop in the market, you can execute a trade quickly.
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
October 22, 2022, 01:50:11 PM
Please mention your preference first as for what are you looking for as a Cold Storage or as a Hot storage because on Hot list there stand many of the wallets primarily the basic one Metamask, Trust Wallet rest is upto you where you want to go as Hot storage can't be efficient for the holding.
full member
Activity: 2268
Merit: 121
#SWGT PRE-SALE IS LIVE
October 22, 2022, 11:40:17 AM
Exodus wallet is pretty cool to store your Altcoins, I have been using it since its existence and have had no complains. To store coins on exchange is risky for some reasons but also has some advantage. I had 100,000 Doge coin in cryptopia exchange but lost all asset after the exchange was hacked. One advantage of storing Altcoin in exchange is that if the project do a swap, it can automatically swap you token. I have not really tried any other wallet except exodus.
I have never used exodus wallet, so i don’t know about it. Exchanges will never safe to keep store your assets even i don’t recommend on the big exchanges to hold your coins. For youe mistake you lost big things, Cryptopia was low tier exchange on the market, why did you go there to store here instead of big exchanges like Binance, Kucoin, Huobi? 
I've also never used an exodus wallet, in fact I just found out and it wouldn't hurt to try. but at this time I can't comment on this exodus wallet. I hope it is very good as you said of course this will increase knowledge but probably will not change the wallet that I have used so far because of the convenience factor and already feel comfortable.
Very sad if your coin is hacked but it is true that it is very risky to store our coins in all exchanges, if indeed we are actively trading, it is better as the colleague said above to save on Binance, Kucoin which has proven reliable.
sr. member
Activity: 2128
Merit: 259
Vave.com - Crypto Casino
October 12, 2022, 02:45:34 PM
Exodus wallet is pretty cool to store your Altcoins, I have been using it since its existence and have had no complains. To store coins on exchange is risky for some reasons but also has some advantage. I had 100,000 Doge coin in cryptopia exchange but lost all asset after the exchange was hacked. One advantage of storing Altcoin in exchange is that if the project do a swap, it can automatically swap you token. I have not really tried any other wallet except exodus.
I have never used exodus wallet, so i don’t know about it. Exchanges will never safe to keep store your assets even i don’t recommend on the big exchanges to hold your coins. For youe mistake you lost big things, Cryptopia was low tier exchange on the market, why did you go there to store here instead of big exchanges like Binance, Kucoin, Huobi? 
sr. member
Activity: 1666
Merit: 267
October 12, 2022, 02:20:27 PM
From my point of view the best wallet to hold alt coins is hardware wallet because hardware is very secure so you all should use hardware wallet if you want to hold any token for long term but many of us can't buy hardware wallet they even use Metamask and Trust wallet Both are safe for my opinion.

In fact, many people understand that hardware wallets are the best choice for storing our altcoins in the long term. The problem is that the hardware
wallet price is quite expensive for some people, especially if they don't have too many altcoins, this finally makes people look for other solutions
by choosing online wallets such as Metamask and Trust wallets to store their altcoins. When it comes to security, hardware wallets are the best,
but if we can't afford a hardware wallet, using an online wallet the best solution we can take.

Moreover, based on my experience while using Metamask, Trust wallet and Mycelium I have not experienced serious problems, so it can be said that
it is quite recommended to use. I think online wallets are still more secure than we store our altcoins on exchanges. My suggestion would be better if
we want to store our altcoins in an online wallet, it's good we don't just use one online wallet. This is to anticipate if one of our online wallets is hacked,
we will not lose all the altcoins we have. Because we still have altcoins in other online wallets.
member
Activity: 1568
Merit: 15
🪙 🪙 🪙 🪙
October 12, 2022, 01:29:30 PM
From my point of view the best wallet to hold alt coins is hardware wallet because hardware is very secure so you all should use hardware wallet if you want to hold any token for long term but many of us can't buy hardware wallet they even use Metamask and Trust wallet Both are safe for my opinion.
full member
Activity: 1110
Merit: 104
The OGz Club
October 12, 2022, 09:33:05 AM
I've been using Trust Wallet for years because I think Trust Wallet is one of those wallets that is easy to use and allows users to securely store crypto assets. In addition, Trust Wallet also offers many features and also low gas fees when making transactions.

I am the same as you, that I also use Trust wallet to store my assets, a little story about my experience, with the emergence of Trust wallet in the last few years, it really really helped me protect my assets from hackers or criminals, first I keep my assets only on Bittrex exchange, and it's actually risky, but I believe that Bittrex at that time was the biggest market in 2016, so that's why I put my very large amount of assets, even I never put assets I am in a Blockchain wallet, with the presence of Trust Wallet, I am a little relieved to keep my assets safer..
Indeed Trust wallet is very well used to store crypto assets. In addition to having various superior features that really help you in storing assets, Trust wallet also makes it easy for users to transact quickly. Trust wallet also makes it easy for users to easily track charts as well as coin and token prices. But keep in mind that although it has many advantages, the Trust wallet also has a drawback, namely the level of security is not equivalent to a hardware digital wallet. So we have to be wise in using it.
There are indeed many advantages that Trust Wallet has and you have mentioned it more or less like that,
but the most important thing is Trust Wallet is a wallet that is trusted and there is no need to doubt it,
Hopefully in terms of security in the future can be improved again
full member
Activity: 1066
Merit: 188
Next Generation Web3 Casino
October 12, 2022, 09:27:23 AM
I've been using Trust Wallet for years because I think Trust Wallet is one of those wallets that is easy to use and allows users to securely store crypto assets. In addition, Trust Wallet also offers many features and also low gas fees when making transactions.

I am the same as you, that I also use Trust wallet to store my assets, a little story about my experience, with the emergence of Trust wallet in the last few years, it really really helped me protect my assets from hackers or criminals, first I keep my assets only on Bittrex exchange, and it's actually risky, but I believe that Bittrex at that time was the biggest market in 2016, so that's why I put my very large amount of assets, even I never put assets I am in a Blockchain wallet, with the presence of Trust Wallet, I am a little relieved to keep my assets safer..
Indeed Trust wallet is very well used to store crypto assets. In addition to having various superior features that really help you in storing assets, Trust wallet also makes it easy for users to transact quickly. Trust wallet also makes it easy for users to easily track charts as well as coin and token prices. But keep in mind that although it has many advantages, the Trust wallet also has a drawback, namely the level of security is not equivalent to a hardware digital wallet. So we have to be wise in using it.
sr. member
Activity: 1148
Merit: 270
Seabet.io | Crypto-Casino
September 20, 2022, 12:02:16 PM
I've been using Trust Wallet for years because I think Trust Wallet is one of those wallets that is easy to use and allows users to securely store crypto assets. In addition, Trust Wallet also offers many features and also low gas fees when making transactions.

I am the same as you, that I also use Trust wallet to store my assets, a little story about my experience, with the emergence of Trust wallet in the last few years, it really really helped me protect my assets from hackers or criminals, first I keep my assets only on Bittrex exchange, and it's actually risky, but I believe that Bittrex at that time was the biggest market in 2016, so that's why I put my very large amount of assets, even I never put assets I am in a Blockchain wallet, with the presence of Trust Wallet, I am a little relieved to keep my assets safer..
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