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Topic: Cryptocurrencies Wallets (Read 1014 times)

full member
Activity: 627
Merit: 103
April 06, 2019, 03:15:53 PM
This is a very helpful thread for every crypto enthusiast! From here, Many wallets are new for me, now I realize that we have plenty of wallets but still people need to buy a hardware wallet to be safe enough! I prefer application wallet than web wallet, especially for the myetherwallet, MEW connect app is better than myether web wallet. However, Thank you for making this thread. Good Luck
jr. member
Activity: 462
Merit: 1
April 06, 2019, 02:35:39 PM
And I like one wallet. MEW. And with the advent of the mobile version, it became easier for me to manage my tokens. Of course there are many wallets, but only some of them can be used regularly.
jr. member
Activity: 868
Merit: 2
April 06, 2019, 02:22:25 PM
I, am like person, who deals with cryptocurrency, should have reliable wallet, in which I am confident, that he will protect my cryptocurrency, so I use the Trezor hardware wallet.  I like him very much in his work.
sr. member
Activity: 798
Merit: 258
April 04, 2019, 12:53:56 PM
newbie
Activity: 46
Merit: 0
April 04, 2019, 12:14:39 PM
For now, i still prefer mobile wallet,the fact that i can take it to anywhere i want make me want to settle for it for now and as a daily trader,it make things easy for me.
full member
Activity: 700
Merit: 101
BBOD Trading Platform
April 04, 2019, 06:49:39 AM
this is very useful information. however, wallet hardware is the best choice compared to web wallet. security and performance are more reliable.
but everyone is free to determine what walleta they will use to save the assets they have.
copper member
Activity: 1162
Merit: 3
April 04, 2019, 01:37:47 AM
You mention all kind of wallet. For me as a cryptocurrency trader, investor and hunter having a secure wallet will help you to keep your token safety and secure. I have hardware wallet that help me to keep my token secure. If you need a wallet I suggest you should hardware wallet.
What is hardware wallet? Is it different from Live Wallet?

Cryptocurrency hardware wallets are most secure electronic device designed to store private keys of your coins in an offline setting. The private keys and digital signatures needed to deposit and withdraw cryptos, are generated via these wallets.
Like the way you set up any wallet, you need to write down the seed word also known as recovery phrase on a piece of paper and store it in a safe place. Generally, we should prefer making 2-3 copies & distribute it to safeguard it.  And as your keys are offline, there is no possibility of getting hacked. This is why hardware wallets are tamper proof and most secured wallets for cryptocurrencies.
If you want to store Bitcoin & other Cryptocurrencies secure for a long-term, then you should definitely use a hardware wallet.
Most common hardware wallets
Ledger Nano S
TREZOR
KeepKey
sr. member
Activity: 770
Merit: 250
April 03, 2019, 11:30:58 PM
The information you provided is so much useful, as for me I what i usually used are web wallet and desktop wallet.
I rarely or perhaps never utilize another type of wallet aside from those 2 i mentioned above.
jr. member
Activity: 78
Merit: 3
April 03, 2019, 10:25:59 PM
You mention all kind of wallet. For me as a cryptocurrency trader, investor and hunter having a secure wallet will help you to keep your token safety and secure. I have hardware wallet that help me to keep my token secure. If you need a wallet I suggest you should hardware wallet.
What is hardware wallet? Is it different from Live Wallet?
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
April 03, 2019, 10:16:03 PM
Using web wallet is not recommended because your wallet will have more chance to be compromised.
Only use web wallet from a trusted website. But even trusted site such myetherwallet, was hacked long time ago.
Using hard wallet is recommended for everyone who want to more security in using cryptocurrency.
hero member
Activity: 1358
Merit: 509
April 03, 2019, 03:47:52 PM
Anytime i re-visit this thread am always getting answer to some of questions that is bothering me par-time,this thread has been a tremendious help me to me.it is great to have such thread.
This is the reason why online communites are posting their opinion. You can learn more stuff about crypto on beginners&help boards.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
April 03, 2019, 03:28:18 PM
This is really helpful for those who are just starting in crypto and doesn't know which wallet would fit for them.
They would know which one is the best to store their crypto .
And let's not forget you should always keep ypur back up safe just in case of emergency.
newbie
Activity: 7
Merit: 0
April 03, 2019, 03:22:20 PM
Anytime i re-visit this thread am always getting answer to some of questions that is bothering me par-time,this thread has been a tremendious help me to me.it is great to have such thread.
sr. member
Activity: 584
Merit: 252
April 03, 2019, 11:13:39 AM
Nano ledger is quite good one and I am telling this because I own one.Apart from that for small amounts my ether wallet,metamask and even the launched Trust wallet is quite good.Those were days back when the price was very low I had one and only coinbase account.used for storing some bounties and faucets.but things have changed after 2017//LOL Tongue Tongue Tongue
copper member
Activity: 1162
Merit: 3
April 03, 2019, 11:03:01 AM
Very good explanation about all types of wallets. This information is really useful.
Since the topic is about cryptocurrencies wallets, I came across a project called Skelpy which provides privacy certificates to wallet providers. These kind of privacy certificates will insure the authenticity of the wallet which is important to increase the confidence of existing users and attracting new users for trading and storing. 
Here is my article written on this topic on medium. If you like it, just give a clap!
thank you.
Take Control Of your Portfolio’s Privacy:-
 https://link.medium.com/mjbCBBQxAV
full member
Activity: 616
Merit: 100
April 03, 2019, 10:27:19 AM
If you own many coins, then you understand that today it is very difficult to use a very large number of official wallets, so I think that all this is extremely bad. It would be right to use one for all as Trezor
legendary
Activity: 1330
Merit: 1019
April 03, 2019, 04:01:56 AM
When you want to choose what cryptocurrency wallet you want to use, you may consider few things before doing so.
What will you do with your wallet ? Do you want to use the wallet for trading ? or investing on project ? or holding coin ?
With this answer, you can proceed to use particular wallet like hardwallet/coldwallet to holding, hot wallet to trading, etc.
Hardware wallet are still quite the safest way to store up ones crypto that fits in any of the purposes you listed above but the only thing I don’t like about hardware wallet is that it can be misplaced easily, although misplacing it doesn’t mean one has lost his coins provided ones remembers his seed word but it means every time one loses such device, you have to purchase another one at a costly amount and have to wait for it to get shipped which what you need the wallet for then might be very urgent.

Software wallet would have actually be the best if not for vulnerability. Though till now, I still use software wallet but I do make sure it is very secured.
sr. member
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
April 02, 2019, 12:19:43 PM
sr. member
Activity: 2380
Merit: 251
Eloncoin.org - Mars, here we come!
April 02, 2019, 11:45:05 AM
Only wallets with private keys are advisable to use other wallets like web wallet and mobile multiple wallets are not for holding your cryptos,if you respect your crypto investment then it is necessary to buy a hardware wallet which is the most secured wallet available to store crypto currencies in longer term.
full member
Activity: 588
Merit: 100
April 02, 2019, 11:05:55 AM
Of all the wallets today, it is impossible to make a choice in favor of any one, because it seems to me that today they do not fit each other and it is best to use original wallets, although this generally does not give any guarantee for hacking.
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