Topic: safe way to store tokens, eth and btc. - page 3. (Read 490 times)

Hardware wallet can be a safe option even if the PC is infected, but this is just from the bitcoin's point of view. When you use a hardware wallet, all you have to do is to open a browser and connect to the hardware wallet's website (or to run the chrome app for ledger, if it's a ledger nano S). If you make sure that the website is legit, you can connect your hardware wallet and do transactions on it, because your private key is stored on your hardware wallet and it doesn't leave the hardware wallet when you start a transaction with the hardware wallet. This is because the data that goes from the PC contains only the details of the transaction, and the hardware wallet signs the transaction itself (the signature is generated with the private key on the device itself, because it's like a micro computer) and the hardware wallet sends back the signed message to the device to broadcast it into the network. It's not possible to decrypt the private key from the signed message itself or from the transaction details, so your private key is safe. But don't use the infected PC for anything else (like connecting to a web wallet), because a keylogger can collect all your usernames and passwords. Also, if you use the hardware wallet, alway double check the bitcoin addresses on the screen of the hardware wallet, because viruses or trojans can modify the bitcoin addresses on the screen of the PC  while using their hacked address in the transaction itself, but the hardware wallet's screen alway shows the real address included in the transaction and it has to match the address you wanted to send your bitcoins to.

I keep my own crypto parallels in two parts, 50% -50%. The first half is in paperbacks, where I keep it in two different places, and the other half is part of a few stock exchanges I trust. Apart from that, I carry my free money like bounty, airdrop again with paper wallet. Ledger etc. I do not use the devices in practice, I do not think they are very different from the paper wallet. In the end, you are entering a system of money. Which I think is not very safe. In some places, if you memorize a certain number of words or letters, the ledger says that you can withdraw all the money you hold. Yes, that's exactly what I'm afraid of. So, the money is not only in that ledger device but also in the integrated system. I think the most beautiful paper wallet. Let the bitcoin be based on technology enough that the method we keep is a bit of a stone age.

I don't have a lot of bitcoins, so I store them in the web wallet Bonpay. I know that hardware wallets are safer, but I prefer having quick access to my crypto. Moreover, recently I've heard some bad news from people using Ledger, so you cannot be sure there will be no issues.

I think for safety you should keep your wallet address and password or private key in a safe zone. Don't share your pass to anybody. And dont keep your ETH or btc in any exchngr . if any hacker hack exchanger you won't get your money back. So be carefull

Do not store in exchanges, if some hacker stolen their funds, you can lose your $.
Safe way to store bitcoin is generating a paper wallet from a offline live linux and backup.

You can use hardware wallet too, it is secure if you PC isnt infected.

I guess the best way is - sell all tokens once you got them, received eth or btc withdraw to hardware wallet. I do not have other idea. I was in same situation as your friend someone hacked my account of myethwallet((

I use bitcoin wallet are blockhain, coinbase and coins. Ph I use mobile wallet. But for the etherwallet I use as of now is MYETHERWALLET and for me this is safe and for sure your token will safe also.  I will save my private key to the documents and wrute in a paper so no one can see my private key and no one can open my account expectt me. Store your token and coins to the right place.

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.

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.

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?