Topic: safe way to store tokens, eth and btc. (Read 420 times)
The best way is buy hardware wallet. But if you think that online wallet is enough for you, you must be careful. Don't give your private key and log in with it. And always protect your computer from being hacked.
It is very often theft if we do not carefully save or put our wallet in a good place, I save my wallet in bittrex market and give 2FA code to increase security.
Taking a coin on the exchange is also a solution, but if the exchange collapsed or hacked, you will also lose. I think using mew as well, use keystore file without using private key easily exposed.
Use hardware wallet like Nano Ledger S or Trezor to store your coins. If you can't buy a hardware wallet you can use a good desktop wallet like Electrum or Exodus. You can use Myetherwallet for ERC20 tokens and Ethereum. But you have a risk if not keep your private keys carefully.
1. Don't use your private keys to log Myetherwallet (You can log with the keystore file).
2. Bookmark official Myetherwallet website.
3. Don't give your private keys to anywhere like airdrops, Claim tokens etc.
If you need to store NEO based NEP-5 tokens you can use Neon desktop wallet.
1. Don't use your private keys to log Myetherwallet (You can log with the keystore file).
2. Bookmark official Myetherwallet website.
3. Don't give your private keys to anywhere like airdrops, Claim tokens etc.
If you need to store NEO based NEP-5 tokens you can use Neon desktop wallet.
The safest way to save your token, ETH, and BTC etc is to keep your Wallet address and password or private key in a secure area. Never share them with anyone, never. Do not even try to put in ETH or btc no exchngr. If they are hacked in any way, then the lost money will never get back and return. So be careful.
I like to do all banking/transactions on a disconnected laptop. It stores everything off line and I don't connect it to a wired internet source until the moment of transfer. Combine that with a good wallet (I use Jaxx) and you're looking at a pretty safe system.
I heard bad news from one of my friends, he is a bounty who has had a pretty good income. recently he lost the token bounty and also eth that he has in his wallet and estimated the amount is very large. I am afraid that I will experience also, what to do for token, ETH and also we can not be stolen by others, can you seniors provide the best solution for me and also my friend. what type of wallet do you use to store your eth and btc safe?
Nowadays people are worried about safety and security for their wallet and i was lost my 10k$ + when edt dns hack.So i know how much pain when crypto asset lost.So i think you can use hardware wallet but myetherwallet best for anyone and your wallet safe until you click phishing site and give key.I am using myetherwallet for eth and eth based token and coinbase and blockchain for bitcoin.
This topic entitled "Trust No One" gives some helpful information on how to keep your cryptocurrency secure : https://bitcointalksearch.org/topic/trust-no-one-33835. If you don't want to read through that whole topic, the title is a nice summary of the content.
I heard bad news from one of my friends, he is a bounty who has had a pretty good income. recently he lost the token bounty and also eth that he has in his wallet and estimated the amount is very large. I am afraid that I will experience also, what to do for token, ETH and also we can not be stolen by others, can you seniors provide the best solution for me and also my friend. what type of wallet do you use to store your eth and btc safe?
Its imposible to hack any token from mew or other decentrillized plartform .If you click any phising site or link and provide your key you must lost your token otherwise its impossible.I am using myetherwallet for eth and eth based any token and alwayes try keep my key in a safe place in my laptop What you are looking for is hardware wallet like Keepkey, Ledger or Trezor. It is dedicated hardware wallet where you have to confirm any transfer of coins. The point is the private key can never leave the hardware wallet, it just sign transactions which you have manually confirm on its display where the coins going to be send.
absolutely i will agree with your opinion,that if you doubt to ether wallet(store your coin), you must transfer to another wallet like ledger or trezor,aside from that being alertness and awarness during transaction it should be ,to avoid also from mistake during process,
Maybe consider splitting your crypto. Convert 80-90% to stable fiat and keep the remaining available in a trusted exchange to quickly take advantage of any opportunity that may present itself.
I heard bad news from one of my friends, he is a bounty who has had a pretty good income. recently he lost the token bounty and also eth that he has in his wallet and estimated the amount is very large. I am afraid that I will experience also, what to do for token, ETH and also we can not be stolen by others, can you seniors provide the best solution for me and also my friend. what type of wallet do you use to store your eth and btc safe?
You must ask your friend what wallet did he use for bounty. i guess it was myetherwallet.
myetherwallet is best for beginner because it is easy to use, but not really secure. you must use an advanced wallet like metamask.
or hardwallet if you want to buy.
Okay if you have cold storage wallet or web wallet you can store your bitcoin,eth and more tokens that are available on the ledger. I hope you have one coz you will order it online.
It is very often theft if we do not carefully save or put our wallet in a good place, I save my wallet in bittrex market and give 2FA code to increase security.
there is no statement from the OP where did the tokens and ETH stored so assuming the Op is using myetherwallet or another type of ERC20 storage 2FA is not necessary for those applications and it is dangerous to store a large number of token assets and ETH on a hot wallet storage whether you own the private key or the seed there is no difference if the hackers are desperate enough to target your assets as the risk of getting hacked on wallet influenced by internet is high, better to afford some hardware wallet and if you are broke enough you can buy cheap laptop then use it as a cold storage.
The best way to store your cryptocurrency has always been to store them offline in a hardware wallet or cold storage. If your coins are stored online there is always a possibility for you to get hacked and have all of your coins stolen. If you have coins you are planning to hold for a long time then you need to get a hardware wallet to store them and keep your private keys very safe.
I heard bad news from one of my friends, he is a bounty who has had a pretty good income. recently he lost the token bounty and also eth that he has in his wallet and estimated the amount is very large. I am afraid that I will experience also, what to do for token, ETH and also we can not be stolen by others, can you seniors provide the best solution for me and also my friend. what type of wallet do you use to store your eth and btc safe?
the security in asset storage depends on yourself. secure the assets that we have in order not to be stolen by others must be careful with web pishing, do not carelessly use free wifi because it is very prone to malware, and keep the private key as well as good.
in my country, Indodax is the safest wallet for now, many of my friends feel comfortable when storing ETH in Indodax, losing ETH is usually caused by a virus-infected PC or the user is accessing a phishing site.
This is also happening to my co-workers they have a large amount of token come from the bounty campaign reward, but his token was steal by unknown hackers.
For security in my opinion, do not ever tell anyone your private key, and keep it in offline apps like prin on paper, and keep it in a place that only you know. do not open links that are considered suspicious, because now many hackers use, fake web to steal important data that we save.
If you want to store large amount of expensive tokens and crypto then you should consider buying a hardware wallet. They will store your private keys for you and protect them from any kind of malware. You will be given either 12 or 24 words which can be later used in case your device is destroyed or stolen. Hardware wallets are easy to use and have user friendly interface so you won't have any problems with using them. However, don't buy a hardware wallet if you aren't going to keep anything valuable on it. Hardware wallets are expensive.
If you going to keep a big amount of coins i suggest to get a hard wallet or cold storage wallet so no body will compromise your wallet. But for me Metamask wallet and MyEtherewallet is pretty much secured. Maybe your friend sent a wrong address instead giving an ETH add he/she gave private key. Sorry for him/her
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