I also use trust wallet, it's really simple and easy to use. Although trustwallet is a closed source wallet, it is developed and managed by the Binance exchange, so I am quite comfortable using the trust wallet. On my laptop I use metamask, it is a popular and reputable software wallet nowadays. I use both wallets with the same seed phrase so it's very convenient to store.
The trust wallet application is very easy to use because of the friendly interface to understand and the lightweight application to run on mobile devices, and other applications such as metamask. But I don't understand for the same seed phrase for both wallets because each wallet has different random seed phrase, can you explain it? 
Topic: Best wallet for altcoins ? - page 8. (Read 1511 times)
The safest is still the hardware wallet, if you previously owned it to store bitcoin and ethereum, now you can use it without having to use another wallet. If you want to use a software wallet then you can refer to metamask, it is considered the most user-friendly wallet even though it cannot store all altcoins of all current blockchains. Metamask now has a mobile version, so it is very convenient to use.
as i see trust wallet is the worse wallet i ever used. wallet was hacked by someone though i have never provided my seed phase to anyone at anytime . i'm 100% sure about it. not only my wallet but also few of my friend's wallets was hacked. now i am using coinhub wallet for altcoins.
Trust wallet is the wallet that I use to store all the altcoins I have so far, all of them can be stored there with one application, with that convenience it doesn't bother me to save too many phrase.
I also use trust wallet, it's really simple and easy to use. Although trustwallet is a closed source wallet, it is developed and managed by the Binance exchange, so I am quite comfortable using the trust wallet. On my laptop I use metamask, it is a popular and reputable software wallet nowadays. I use both wallets with the same seed phrase so it's very convenient to store.
in the long run, there is no better option than a hardware wallet
and if you want to use a software wallet, there are metamask, trust, exodus ... you can experience each wallet yourself to choose the most suitable product for yourself
but storing assets on software wallets carries many risks as you know, so you should divide your assets and put them in different wallets to avoid unnecessary risks
and if you want to use a software wallet, there are metamask, trust, exodus ... you can experience each wallet yourself to choose the most suitable product for yourself
but storing assets on software wallets carries many risks as you know, so you should divide your assets and put them in different wallets to avoid unnecessary risks
I don't recommend anything from what I use, but I'm just sharing what I use to store my altcoins in my wallet, I only use trustwallet and it's very safe in my opinion especially now that I'm also interested in using a Bitkeep wallet it also makes it easier for me to store and as a portfolio too
Its name is trustwallet but it doesn't totally mean that it is trusted. For now, you can say it's safe because no issues happened to you but will you wait before it occurs? You better look for a better alternative which don't have a past bad record. I don't know if that bitkeep wallet is new but I better observed it first or I will only store small amount on it.I like that the OP finally decides to diversify his funds through different altcoins but it's also better if he will use more than one or two wallets. Not only that not all wallets are compatible with different alts but also because it saves him from losing all his funds, just in case a hacking occurs.
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.
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.
Long term perspective? then you should go with a hardware wallet, the thing is that maybe the altcoins that you want to invest might not be supported by them.
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.
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.
One drawback of Exodus wallet is that it is closed source, meaning you can't look at the code and see if there is some vulnerabilities. And as far as my experience with it way back, the fees are too high and I can't manually change it.
So maybe its better to hold on different wallet, I know it's going to be complicated at times, but I guess putting your eggs in one basket is not good in crypto, in my opinion.
Storing altcoin on exchange wallet is not an option as there's higher risk attached, the best wallets are the hard wallets, but you need to be mindful of the fact that not all altcoin are supported and as such its better to confirm if it supports your coin before deciding on which hard wallet to purchase. The free wallet like trust wallet and Atomic wallet are not bad either, especially when you don't have a substantial amount of assets to store.
Trust wallet is the wallet that I use to store all the altcoins I have so far, all of them can be stored there with one application, with that convenience it doesn't bother me to save too many phrase.
But the risk that you face is that if a hacker attacks, your property will lose everything. You better use multiple wallets, maybe 2 or 3 wallets and split your crypto assets equally. If unfortunately one of the wallets is hacked, the hacker can only get a small part of your assets, store it all in one wallet, convenient for storing private keys, but at risk of losing them all when hacked.
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.
The problem with the exodus wallet is that as far as I know it is closed source, and this means that you do not really know what could be happening behind the doors with that wallet, so for the people that really are enthusiastic about the code being open source so there is no hidden backdoors in any coin or wallet then the exodus wallet is not a legitimate option for them.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.
So if you do not want to use a hardware wallet you do not have too much of a choice and you have no other option but to install in your computer the wallet of each coin in which you are interested in holding for the long term.
I think the best wallet is still held by Trust wallet, moreover,
it's been reported that Trust wallet is releasing a beta trust wallet for the chrome extension,
yes this is a very good thing to provide user experience and convenience, I really like it!
it's been reported that Trust wallet is releasing a beta trust wallet for the chrome extension,
yes this is a very good thing to provide user experience and convenience, I really like it!
there are many crypto wallets but I usually use a Trustwallet but it is also not safe if you want to secure your money then you should keep your Alts in exchanges because exchanges are safe from the wallet. the second method is to buy a hardware wallet. hardware wallets are safe from online wallets
I think exodus wallet is an excellent choice for any cryptocurrency enthusiast, especially those who are just starting their cryptocurrency journey. Even as the user knowledge increases, exodus is not a wallet that will run out quickly and also needs to be studied well before using it, and I used it too but not so long ago.
and actually there are many good cryptocurrency wallets, but it all depends on the convenience and security of those who use them as well as their needs.
and actually there are many good cryptocurrency wallets, but it all depends on the convenience and security of those who use them as well as their needs.
there are many favorite wallets that I use, Safepall, Truswallet, and Metamask,
yes, these three wallets are very easy to use, and of course very safe, I've been using this for several years,
and there are no problems until now, but if you only want to use 1 only, I think Safepall is safer.
yes, these three wallets are very easy to use, and of course very safe, I've been using this for several years,
and there are no problems until now, but if you only want to use 1 only, I think Safepall is safer.
If you are fine with Exodus wallet OP and never encounter any problems, you better stick to it or use this for huge amounts while using another wallet for the other altcoins.
Well, it was to know that online wallets are prone to hacking cases but using highly secured wallets like Exodus is ideal. But yes, can't just put everything is a single wallet address, it is way better to spread them at least we have some assurance of not losing it all in case our wallet got hacked.
Well, it was to know that online wallets are prone to hacking cases but using highly secured wallets like Exodus is ideal. But yes, can't just put everything is a single wallet address, it is way better to spread them at least we have some assurance of not losing it all in case our wallet got hacked.
Trust wallet is the wallet that I use to store all the altcoins I have so far, all of them can be stored there with one application, with that convenience it doesn't bother me to save too many phrase.
I at the moment metamask remains the top priority. Because this wallet can be used by all networks, of course with the security of wallet access using the private key method. As with most instances the use of phrases is too risky to be hacked.
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.
You can use Exodus wallet to store your altcoins in addition to using hardware wallets, as you already know.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.
If you can't buy a hardware wallet, you can also install Exodus on your computer or laptop, so you don't have to worry or be confused about saving your coins.
I use Exodus on one of the phones I don't use for communication and just installed the wallet and so far, it's been fine.
But if you want to choose what's best for you, I think you can install any wallet that can store altcoins so you know the pros and cons before choosing one.
As far as the wallets I'm currently using are Metamask and Truswallet.I think these two wallets are very safe.Because it is equipped with a private key and speed phrase password in it. As long as we are careful in using it, surely nothing will happen, such as clicking on a link that connects our personal wallet with less trusted sites and others.
Csaurrently I only use Metamask on Modzilla, and for almost 5 years I have never had a problem, I follow the tips given by the official metamask team, which is to always lock when closing Metamask or Modzilla and delete accounts that are not used, and don't forget when we use it, focus and finish don't open especially when online for a long time.
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