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Topic: Is it possible to have one wallet for all cryptos? - page 2. (Read 754 times)

sr. member
Activity: 1218
Merit: 251
technically there may be a wallet making that can be used in a container as it has been made with the MEW or often in myetherwallet call. the future could allow for a new wallet that can store all the coin ALT with more features. Smiley Smiley
copper member
Activity: 383
Merit: 100
if for a coin using a smart contract ERC20 can all be one address, for other coins can not because each has a different platform.
nicer lots of wallets to avoid from the theft wallet, for all your coins.
sr. member
Activity: 616
Merit: 252
Yes it is possible especially to mew for erc20 token.
because a wallet is only a storage unit so one can create this, and i think that there is one already. But it is not advisable to store your coins in exchange as it is risky to store over there...

For ethereum base tokens then MEW would be ideal because you can store different kind of tokens there but it is not advisable to just put your coin in a single wallet because if the wallet is hacked then you can lose all of it so better divide your tokens to different wallets. I know coinomi supports different blockchain so you can choose to store your coins there. Just check the app if your coins are supported there but if possible, just store your coins to different wallets and do not be bothered by different wallets because it is for your own safety too.
jr. member
Activity: 170
Merit: 3
Yes it is possible especially to mew for erc20 token.
because a wallet is only a storage unit so one can create this, and i think that there is one already. But it is not advisable to store your coins in exchange as it is risky to store over there...
jr. member
Activity: 47
Merit: 8
There is no chance for it to happen. 1st is because these wallets are competing from each other, they just want to be the best. having only one crypto means removing the competition in market, in other word "monopoly" ,thus making only budget for few people.
newbie
Activity: 198
Merit: 0
It is possible to have one wallet that has multiple option for different coin. Many new upcoming Cryptocurrency Exchange project has this feature, I believe it will be possible soonest.
newbie
Activity: 118
Merit: 0
Well i think it is possible, because a wallet is only a storage unit so one can create this, and i think that there is one already, but as far as i am using I have separate wallets for my tokens and bitcoin. Creating a wallet that can hold all kinds of cryptos will be phenomenal because there is no hassle of accessing multiple wallets just to get your tokens.

You are right, it will be very useful to all of us if one wallet will be created for all our cryptos but might also have risks once hacked or compromised. Anyway let's see what technology can do for it.
newbie
Activity: 112
Merit: 0
sure, there are some. well, u just can't store each coin in each wallet though lol
member
Activity: 434
Merit: 14
It would be nice to keep all your currencies in one single wallet..It's technically feasible, but I do not think it will actually happen.
full member
Activity: 235
Merit: 100
Technically speaking, is it possible to have one wallet for all cryptocurrencies?

It is such a big pain that we have to use o many wallets if we want to trade many altcoins.

Well for the moment I dont think there is such thing as a wallet to hold all crypto aside from wallets from exchanges. If you really wanted to hold all your assets in one place, try placing it in exchanges, most of your coins may be accepted but only those which are in the trade already.
full member
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
Technically speaking, is it possible to have one wallet for all cryptocurrencies?

It is such a big pain that we have to use o many wallets if we want to trade many altcoins.

Yes it is possible, you can use m.e.w. or myetherwallet for any cryptocurrency you want to hold but the down side of using one wallet for all of your coins is that, you can be hacked so easily so just use multiple wallets for your different coins.
sr. member
Activity: 616
Merit: 263
It's quite possible to have a single wallet that can hold all cryptos, but each crypto would still need its own particular type of address within that wallet, e.g. NEO, ETH and ADA addresses, as these are not intercompatible. Most exchanges approach the functionality you look for, usually allowing you to store dozens of different cryptos in one place, e.g. Bittrex and Binance.

Although it is technically feasible, there needs to be enough support for a crypto to make its implementation worthwhile for the devs, so unless they stand to benefit in some way, they probably wouldn't add it to the roster.
member
Activity: 322
Merit: 10
Because of the private key with many characters it is good to have one wallet for all your cryptos , but the question is does it really safe in that one wallet from hackers, I have  friends which are victims of those hackers ,their coin lost , the better they have another wallet not all their coins was taken out , so it is your choice one wallet or two.
full member
Activity: 518
Merit: 100
Technically speaking, is it possible to have one wallet for all cryptocurrencies?

It is such a big pain that we have to use o many wallets if we want to trade many altcoins.

My advice is to use two or three wallets for all your coins. You can try to use for example Binance. There are a lot of coins which are supported by this service. But even Binance will not satisfy you in full extent.
member
Activity: 238
Merit: 10
Hello World!
It is really possible to have one wallet for all cryptos but I think it is advisable to have atleast 2 or more. You just have to make sure to secure the private key and password. These two is really important so that only you can access your mew and at the same time you can save your coins privately.
legendary
Activity: 1792
Merit: 1283
One option could be to install every wallet separately onto a very large USB drive. I mean, you're not having one wallet, but you do have a way to access them all.
Besides, you're not going to use every crypto that's out there, it's just not possible from a practical point of view.

I would also not be surprised if there are going to be more hardware wallets that will have support for maybe 50 coins in the future.
newbie
Activity: 11
Merit: 0
К coжaлeнию мyльти-кoшeлeк для вcex вoзмoжныx кpиптoвaлют я eщe нe нaxoдил, ecли ктo тo нaшeл - пoдeлитecь) бyдy paд!
member
Activity: 588
Merit: 18
One wallet address to have or control crypto coin, is not possible, Even using Ethereum wallet, it can not accept bitcoin on ETH wallet address, and beside it is over load given to that wallet and for saver used is good to have difference types of wallet as a crypto investors.
newbie
Activity: 229
Merit: 0
Yes it  is possible but that is not the best because if somebody trace your private key, then your account will be emptied and that will be a huge loss on your part.
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
Technically speaking, is it possible to have one wallet for all cryptocurrencies?

It is such a big pain that we have to use o many wallets if we want to trade many altcoins.

One wallet for all the crypto's I don't think so it is possible because one wallet can have maximum only a few coins and that too only major coins like Bitcoin, Ethereum, Litecoin, Monero, and Ripple. Yes but if you are insisting to store you can use exchange where there are options to keep many cryptocurrencies under one roof for a particular period of time, But it is not advisable to store your coins in exchange as it is risky to store over there. I am using Zebpay and Ledge Nano s for storing multiple coins and apart from major coins, I use Stocks.exchange.
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