Topic: Multi-coin wallets? (Read 242 times)
It is safe to have many hardware wallets so that you can keep your coins in separate locations and still have access to your other coins if you lose one. If you're a bitcoin or cryptocurrency investor, you'll need hardware wallets like the Ledge Nano, Trezor, and others. It is far better to have multi-coin wallets that will assist you safeguard coins safely rather than storing them on the internet.
Hardware wallets are 100 percent secure, if you don't lose your wallet or burn problem. None of this is 100 percent secure, but hardware problem has another problem, you can't use it anytime if you are in another place. Overall, decentralized wallets are my favorite. I used a trust wallet when I found some problem in the atomic wallet with the same private key.
Hardware wallets have limits that's why I don't like using them, wallets like trust and coinomi supports over 150 different coins, you cant find this on hardware wallets cos they only supports few popular crypto coins With the hardware wallets, if you lose the usb wallet, then you are screwed, right?
I think they can be recovered if you have the secret key that is provided to you in the beginning when you make a new wallet but problem with hardware wallets is like I said, it is not suited well for small transactions.I haven't mined coins so I am not sure and will be watching this thread closely just for my knowledge purposes.
I'm buying a bunch of miners this week for ETC, BTC, SIA and in the near future DOGE/LTC and KDA.
First of all, good luck with mining.I want to have 1 wallet that can hold them all, versus a brokerage. Can anyone recommend the best one for this? Also, do I need to create addresses separately for each of these, or will these apps do it for me?
I might sound time consuming and boring but please DON'T use a single wallet for all the coins because of the hack reasons and even if you do use a single wallet for all the coins, make sure it is not centralized. I used to keep a lot of coins in cryptopia and I learned my lesson at a heavy cost, I don't want you to suffer the same fate.I looked up HyperPay, which seemed good, but then there were a ton of bad reviews for it.
I am not sure which coins they accept right now but Exodus is a good one, I used them in past and from what I heard thy give full access to coins. But please do the research before using any wallet. 
I'm buying a bunch of miners this week for ETC, BTC, SIA and in the near future DOGE/LTC and KDA.
I want to have 1 wallet that can hold them all, versus a brokerage. Can anyone recommend the best one for this? Also, do I need to create addresses separately for each of these, or will these apps do it for me?
I looked up HyperPay, which seemed good, but then there were a ton of bad reviews for it.
I was considering the wallets in Crypto.com and BitMart, but I think it's not suitable for mining where a little bit hit the account each day or throughout the day.
Thanks!
Have you try use trustwallet or safepal you can hold thousand coin there, but not any guarantee with security and how safety your coin there, better with ledger wallet and you can use this very safety. But I like with trustwallet or safepal because very easy when opening and selling coin to exchange market. I want to have 1 wallet that can hold them all, versus a brokerage. Can anyone recommend the best one for this? Also, do I need to create addresses separately for each of these, or will these apps do it for me?
I looked up HyperPay, which seemed good, but then there were a ton of bad reviews for it.
I was considering the wallets in Crypto.com and BitMart, but I think it's not suitable for mining where a little bit hit the account each day or throughout the day.
Thanks!
With the hardware wallets, if you lose the usb wallet, then you are screwed, right?
Hardware wallets are not working like a usual wallet in our pocket where we stored our fiat money and in the event of loss, it's loss!
If the hardware wallet is lost, damaged, stolen, forgotten, trash, destroy, or any forms of worst experience it got, you can always access your funds thru a master seed. Always follow the instructions on your first installation or accessing the hardware wallet for the first time. It will save you.
I'm in love with metamask application right now and also trust wallet, the fact is you can create any wallet on metamask and own the private keys separately for each coins, like separate Private key for ETH, separate Private key for BTC, same thing can be found in trust wallet too, unlike coinomi wallet you will have to use iancoleman to get your private keys
Good choice actually and I have myself used Trust Wallet and it works pretty smooth while has all the security one needs.I would have recommended some hardware wallets but like Pmalek also said, they are not suited for small transactions that come with mining coins. I would say that trust Wallet is actually the best choice considering the security and variety of coins.
For the best storage wallet I highly recommend hardware wallets like ledger or trezor wallet, but if you want a good software multi coin wallet, then my best pick would be Trust wallet, Safepal, or better still coinmi wallet, however I make use of Trust wallet more than other wallet, I actually prefer it cause it has a nice user interface design even easy to understand by noobs and its safe, you can add pin or biometric security in order to access the wallet, so without someone knowing your pin or with your fingerprint no one can access your wallet, trust wallet would be the safest choice amongst all other software wallets.
I will recommend one the best multicoin accepter wallet which i already used for a year. Which has a name
(Trust Wallet) which accept BTC, DOGE, TRX, ETH, and many more . it has a strong security system .
so that the reason that I will recommend trust wallet.
You can also use metamask android app which also accept multi coin.
(Trust Wallet) which accept BTC, DOGE, TRX, ETH, and many more . it has a strong security system .
so that the reason that I will recommend trust wallet.
You can also use metamask android app which also accept multi coin.
Hardware wallets are 100 percent secure, if you don't lose your wallet or burn problem. None of this is 100 percent secure, but hardware problem has another problem, you can't use it anytime if you are in another place. Overall, decentralized wallets are my favorite. I used a trust wallet when I found some problem in the atomic wallet with the same private key.
You can buy hardware wallet which is my first recommendation and we have good multi wallet apps too that are available on Android smartphone
Trust wallet
Atomic wallet
Coinomi wallet
Creating a wallet on these apps will give you a recovery seed for all coins addresses like BTC, ETH, LTC, DOGE, SIA and many others
Trust wallet
Atomic wallet
Coinomi wallet
Creating a wallet on these apps will give you a recovery seed for all coins addresses like BTC, ETH, LTC, DOGE, SIA and many others
Nice suggestions! All 3 are great, I tried them all at some moment, but in the end I chose the Atomic wallet. Maybe it's just matter of taste, i like the interface, colors, options... All in all it's a great wallet, I am using it for years and I never had any serious problems... a few little things got solved pretty fast with the help from their support.
Free and trustworthy wallets, with staking features, which is a great thing for us who have some coins for longer period, without plans of selling them.
With the hardware wallets, if you lose the usb wallet, then you are screwed, right?
Hardware wallet will save your funds even if your device is infected with malicious links but its just a wallet too so you can recover it to another hardware wallet when you have the private keys or recovery seeds so keep in mind all you need to care about is the seeds which can get back to your funds even if you lose the device. legendary
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With the hardware wallets, if you lose the usb wallet, then you are screwed, right?
You can have many ways to recover if you save the necessary details. Say, you have safepal hardware wallet. You can store the 12 words seed recovery phase on paper or on metal. Now, if you lose the wallet, you still have the seed words. Alternatively, you can save private key for each asset and address. 
With the hardware wallets, if you lose the usb wallet, then you are screwed, right?
That's not right. If you have the private key or memoric phase of that wallet, than you can add/import that wallet into other software or hardware based wallets. So just go for the hardware and keep private key in safe place. As always Not Your Key, Not Your Cryptos. 
Trezor and Ledger might be what you are looking for. They are hardware wallets - the most secure wallets on the planet.
If you do not like physical wallets, Trust wallet is more suitable for you. They have a good app on mobile phone, supporting both android and ios
If you do not like physical wallets, Trust wallet is more suitable for you. They have a good app on mobile phone, supporting both android and ios
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The Trezor and Ledger Nano is the best option in this case if you can buy them.
A part of these, I am a fan of trust wallet. Using this for atleast more than one year without any issue yet. It's multi coins wallet and a lot of coins supported there. You may try it out. Hopefully Get a good result than other multi coins wallet Imo.
A part of these, I am a fan of trust wallet. Using this for atleast more than one year without any issue yet. It's multi coins wallet and a lot of coins supported there. You may try it out. Hopefully Get a good result than other multi coins wallet Imo.
I'm using OWNR. It makes address for every coin you HODL. You don't know you private key and no one knows it there. I've used Trustwallet too. It's pretty OK too. Can't say about anything else about other wallets.
With the hardware wallets, if you lose the usb wallet, then you are screwed, right?
If you are buying bunch of miners than you can afford to buy hardware wallets and I would suggest Open Source wallets like Trezor Model T or Bitbox02, and check the list of supported coins before purchasing.
There are other software wallets that support multiple coins like Exodus, Coinomi, Trust wallet and Atomic, that are free but they are all closed source software and they can cost you much more if some bug or exploit is found.
There are other software wallets that support multiple coins like Exodus, Coinomi, Trust wallet and Atomic, that are free but they are all closed source software and they can cost you much more if some bug or exploit is found.
Hardware wallets aren't exactly suitable to receive multiple small transactions like mining rewards. Ledger discussed this a while back in their blog. It can lead to all kinds of problems with synchronization and negative affects while sending money from your Ledger Live addresses and LL. Some of these issues could probably be solved by using Electrum.
It might be better if OP used a multi-coin wallet like Coinomi or Trust Wallet, and consolidate all his inputs into one. That could then be sent to an address generated by his hardware wallet.
It might be better if OP used a multi-coin wallet like Coinomi or Trust Wallet, and consolidate all his inputs into one. That could then be sent to an address generated by his hardware wallet.
Oh true, I've heard of such complaints on Reddit as well. But an easy solution is just to not use Ledger Live.
And yea, just using a software wallet might be a better option. It's just going to depend if OP is planning on sell on the daily/weekly/biweekly/monthly(then probably a reputable software wallet), or if OP is planning on holding for a decent amount of time(then a hardware wallet is probably a good option).
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