How to Store Altcoins Not Supported By Digital Wallets

Crypto Bull

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Quote from: cryptonero on February 09, 2018, 12:22:29 PM

The answer to your question is simple research which wallet supports your coin,if they arent supported by ledger nano s or trezor im sure that these coin have their own wallet

But, these are "hot" wallets that are connected to the internet. Putting my coins in hot wallets may not be any safer than leaving them on an exchange.

cryptonero

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The answer to your question is simple research which wallet supports your coin,if they arent supported by ledger nano s or trezor im sure that these coin have their own wallet,doing a lot of research will save you a lot of time than posting questions which most of the people will take it for granted because you can find it in google.I know you want to put all your tokens in a single wallet,which is not possible because there are few coins which has their own wallet.

Crypto Bull

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Quote from: o_e_l_e_o on February 06, 2018, 02:13:50 PM

Quote from: CryptoAlphaStar on February 03, 2018, 06:25:51 PM

What do you mean not supported by Trezor or Ledger Nano S? The ledger works with myetherwallet. You can store any token that is supported by myetherwallet. If it is not, I highly doubt this token will ever cost anything at all.

Anything not supported by MEW is worthless? This is utter nonsense. What about LTC, XLM, XRB, NEO, XMR, etc, etc.

If the coin has its own software wallet, or is supported by a multi-coin wallet, you can use that. You can easily make paper wallets while being connected to the internet. The risk, as you've stated, is that if your computer is infected by specific malware, your coins could be stolen. This is pretty rare. Other than that, you can always just leave your coins on the exchange until software or hardware support becomes available. Make sure you stay away from small exchanges (like the recent difficulties with BitGrail), and use 2FA to secure your account.

Thanks.

Question: Let's say that I create paper wallets for my tokens, and my computer gets infected 1 year after I secure them. Is there a way my coins can be stolen?
In other words, can malware retroactively get my private keys and steal my coins? Or, are my coins safe once I create paper wallets for them on a computer that's not infected?

o_e_l_e_o

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Quote from: CryptoAlphaStar on February 03, 2018, 06:25:51 PM

What do you mean not supported by Trezor or Ledger Nano S? The ledger works with myetherwallet. You can store any token that is supported by myetherwallet. If it is not, I highly doubt this token will ever cost anything at all.

Anything not supported by MEW is worthless? This is utter nonsense. What about LTC, XLM, XRB, NEO, XMR, etc, etc.

If the coin has its own software wallet, or is supported by a multi-coin wallet, you can use that. You can easily make paper wallets while being connected to the internet. The risk, as you've stated, is that if your computer is infected by specific malware, your coins could be stolen. This is pretty rare. Other than that, you can always just leave your coins on the exchange until software or hardware support becomes available. Make sure you stay away from small exchanges (like the recent difficulties with BitGrail), and use 2FA to secure your account.

Crypto Bull

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This forum is garbage. I've never once received a productive answer since I've been registered here.

Crypto Bull

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Quote from: CryptoAlphaStar on February 03, 2018, 06:25:51 PM

What do you mean not supported by Trezor or Ledger Nano S? The ledger works with myetherwallet. You can store any token that is supported by myetherwallet. If it is not, I highly doubt this token will ever cost anything at all.
If it is another chain, then they should have provided you with a convenient wallet. If not, again - i doubt it is a serious project that would worth anything.

I've already stored about 18 tokens using my Ledger Nano S (including the ERC20 tokens in MyEtherWallet). I have another 26 coins that Ledger does not support (Lisk, Waves, Steem, Verge, etc.). I think these coins are worth holding on to. I disagree that they won't amount to anything. I want to put these tokens in cold storage, not on some online wallet, as security is my main concern. How would I do this?

CryptoAlphaStar

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What do you mean not supported by Trezor or Ledger Nano S? The ledger works with myetherwallet. You can store any token that is supported by myetherwallet. If it is not, I highly doubt this token will ever cost anything at all.
If it is another chain, then they should have provided you with a convenient wallet. If not, again - i doubt it is a serious project that would worth anything.

Crypto Bull

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How do you store altcoins that are not supported by Trezor or Ledger Nano S?

I've heard people mention that you need to create a "paper wallet". But, they claim that you need to use a computer AND printer that have never been connected to the internet.

Is there a way around this?

Can I just scan my computer and printer for malware, and then use them to create paper wallets for my altcoins? Or, do I have to go out and buy a new computer and printer solely for this purpose?

Topic: How to Store Altcoins Not Supported By Digital Wallets (Read 91 times)