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Topic: Safest cryptocurrency wallets (Read 1514 times)

full member
Activity: 1890
Merit: 101
October 31, 2020, 07:21:52 AM
No matter what so called "safest" wallet you're using, it should be paired with a safe device where you installed the wallet and of course, use it with responsibility or else something malicious will get your funds.
^ true, the most vital is the security of your network and laptop/computer. because threat usually enter from this vulnerability.

Hardware wallets are safer comparing to many others. Trezor and ledger. I use trezor. it doesn't support too many things like neo. But trezor is more user friendly and easy to use for a beginner.
^ Trezor and Ledger are very safe but have big risks, that is; missing. because of its small shape so the owner has a tendency to forget if it is not placed in a place that is easy to remember.
member
Activity: 756
Merit: 14
October 31, 2020, 05:06:58 AM
1. Go for popular crypto wallets, new wallet can be dangerous
2. Keep your private keys or Mnemonic seed safe and all will be fine
3. Do not share your keys online or store them on cloud services like 4shared, the data can be breached.

I have no problem using coinomi wallet and trust wallet so you should be fine using either one of the two
member
Activity: 1050
Merit: 10
Martian Swap - Anti Whale Measures New Yield Farmi
October 31, 2020, 04:38:05 AM
If you want to chose a wallet which is safer than normal options available in thr market. I would say hardware wallets are the best option for that. Most of the people don't choose hardware wallet because you have to pay some amount for those. And in other hand normal key based web or software wallets are free. But if you prioritise safety more than costing then you should surely go for hardware wallets. But if you don't have the fund to buy a hardware wallet then I will suggest you to use official announced wallets. And keep the private key on a safe place.
full member
Activity: 588
Merit: 104
October 19, 2020, 02:11:53 AM
Hardware wallets are safer comparing to many others. Trezor and ledger. I use trezor. it doesn't support too many things like neo. But trezor is more user friendly and easy to use for a beginner.
hero member
Activity: 1834
Merit: 523
October 18, 2020, 08:24:44 PM
The wallet become more safe if you protect it and if the wallet is very legit who services people almost years.
Many people are looking for the safest wallet but actually it depends to you on how the wallet become safe also because if you are not responsible to your wallet clicking link, fill up the form who are needed email and password and also not enable a 2fa is high risk of hacking your wallet.
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
October 18, 2020, 07:14:47 PM
No matter what so called "safest" wallet you're using, it should be paired with a safe device where you installed the wallet and of course, use it with responsibility or else something malicious will get your funds.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
October 18, 2020, 04:42:34 PM
MEW is the best option for cryptocurrencies based on ERC-20 smart contracts.

Mycelium and Electrum both are good if you want to have a hold of your privkeys or generate and experience in-it SegWit.

Trezor and Ledger are best if you have some good amount of crypto on hands and if you can afford to buy these hardware to safeguard your coins (limited ones).

Cryptosteel is good for saving your privkeys on a paper and then keeping that paper safe in chips-type steel boxes.
Nailed it, these wallets are the ones I use for daily and long term transactions. The hot wallet and cold wallet definitions let us separate the coins into two even if possible three wallets in order to get the best security. The worldwide sales suggest buying Nano Ledger but Keepkey and Trezor wallet sales have proven the reliability of the mentioned companies. For daily use and small transactions, I use the Jaxx wallet together with an Atomic wallet.
member
Activity: 616
Merit: 12
The Standard Protocol - Solving Inflation
October 18, 2020, 04:35:35 PM
I  Dont actually think there is a safe wallet that can assure you of that much security but its also about how much you are saving and keeping your private keys and always make sure you are logged in to the right website and not a clone website, or you can also try using an external wallet
You made some nice points here mate, I totally agree you, because whether you use a hardware wallet (eg. ledger) or software wallet (eg. trust wallet) , it doesn't really matter which of them you make use of, how you safe guard your seeds or private keys is what really matters, cus if you expose your private keys your crypto will definitely get stolen, and kept safe in another wallet since you failed to safeguard your private keys/seeds.
legendary
Activity: 3052
Merit: 1273
October 18, 2020, 02:38:41 PM
MEW is the best option for cryptocurrencies based on ERC-20 smart contracts.

Mycelium and Electrum both are good if you want to have a hold of your privkeys or generate and experience in-it SegWit.

Trezor and Ledger are best if you have some good amount of crypto on hands and if you can afford to buy these hardware to safeguard your coins (limited ones).

Cryptosteel is good for saving your privkeys on a paper and then keeping that paper safe in chips-type steel boxes.
full member
Activity: 924
Merit: 112
October 18, 2020, 02:19:08 PM
You just need to understand that if you follow the Internet and network security, you will have enough MEW and Electrum.

If you have basic security features installed, the most important thing is to carefully monitor your own actions. You should be especially careful about messages about the possibility of incredible enrichment in the near future, as well as security notifications. Very often, scammers simulate a routine check of "suspicious activity" and ask you to dictate the code. In other cases, they can lure you into a referral program, during which you attract other investors, and as a result, you lose all your money.

With proper handling and compliance with the basic rules of working with virtual assets, each user can get a sufficient level of security. The protection of crypto assets can guarantee no less, and sometimes even more, security than funds in banks, since the level of security of digital assets depends only on you.
jr. member
Activity: 392
Merit: 2
October 18, 2020, 01:55:10 PM
I  Dont actually think there is a safe wallet that can assure you of that much security but its also about how much you are saving and keeping your private keys and always make sure you are logged in to the right website and not a clone website, or you can also try using an external wallet
full member
Activity: 1274
Merit: 100
October 18, 2020, 12:15:26 PM
Offline wallets are the best option to save your tokens. But every wallet is safe if you never click on pushing sites and put all your private keys in the safest position. Never share the pc/Laptop or smartphone with friends even family members where you have saved the private keys.
legendary
Activity: 1163
Merit: 1005
October 18, 2020, 09:00:36 AM
I think cold storage is the safest way,a more economical way is to store the wallet file on several USB sticks,or buy a Ledger wallets but this way it's a little pricey,you also could just write down your private key on paper.Anyway,even though i know cold storage is better,i still store a little bit cryptos on exchange.
I think online wallets are also safe, as long as you activate all the security features such as Code Authenticator by Phone Number and Apps (Google Authenticator). I'm sure it's very difficult to hack because have to go through 2 walls  Authenticator.  

but, if your money is above millions USD, I agree with you, save it in ledger wallets and other offline wallets.
full member
Activity: 243
Merit: 100
October 18, 2020, 08:29:15 AM
I think cold storage is the safest way,a more economical way is to store the wallet file on several USB sticks,or buy a Ledger wallets but this way it's a little pricey,you also could just write down your private key on paper.Anyway,even though i know cold storage is better,i still store a little bit cryptos on exchange.
sr. member
Activity: 882
Merit: 251
October 18, 2020, 08:02:24 AM
There are many Altcoins wallets that can be used and it can be said that security and security are as secure as my etherwallet and trustwallet that is the wallet I use to store the altcoins that I will receive in the bounties I participate in but for me the most secure wallet really altcoins is the trezor wallet that is the most featured in altcoins wallets and is used by investors and hold altcoins with value but this wallet is not free and the price is just majestic but it can be said if it is durable and user friendly this wallet and it is difficult for hackers to access this wallet.
indeed Trezor can be a safe wallet to use for now but the wallet you use must be purchased and cannot be obtained for free, maybe for investors or whales who have a lot of money in cryptocurrency it is very suitable but if for traders who have very limited capital is not very valuable because it requires a large upfront cost even though it provides a very high security assessment.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
October 18, 2020, 07:40:17 AM
When you have safe wallet you don't need to fear about your
money because they are well safe in the wallet. Trust wallet is
a reliable wallet where you can keep all your coins and is well safe. Since I started using trust wallet all my altcoin is safe
and I make use of them anytime I want . I think it is a good
thing for every investors to have a good wallet like trust wallet
which is well reliable and trustworthy.
full member
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
October 18, 2020, 07:28:59 AM
As you mentioned storing crypto on exchanges is always a bad idea, every crypto wallet is as safe as the owner want it to be, even if you are using a hardware wallet, if you expose your private key, any hacker will gladly help you to keep your crypto safe "in his wallet tho" , but if you can keep those private key safe, trust me your crypto will be safe as well, currently I'm using trust wallet which is an online wallet, it's quite safe because no one can access the wallet without my recovery seed or phrase.
member
Activity: 1022
Merit: 10
October 18, 2020, 03:09:01 AM
as customs with pupils have with distinctive on nature, developer might gives of option on offers as releasing use with product and service to helps on following reference of factor on dominance as distinguished limit on framing to gains with supports of reference with dispute of funds.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
October 18, 2020, 01:23:09 AM
If you talk about safest than I will suggest you to use Ledger Nano S, From here you can buy one https://www.ledger.com . I use blockchain wallet and nowadays most of the time i like to use Trust wallet. It's very easy to use and user friendly also. still, not faced any problem with my blockchain  and trust wallet. everything is fine. but I just use those wallets for my regular use, not for store crypto. for storing bitcoin i personally use the Electrum wallet. for erc20, I like to use myetherewallet.
Seriously mate?you trust more the Electrum than Ledger nano?do you really know what you are doing or just a random thoughts to have posts?
Ledger nano is the safest for storing your coins for long term because remember that "Not your Private ,Not your Coin" so better safe than regret it.
i did not say that electrum is not safe because it is but that i a normal wallet and we need more secure and so far only Ledger can give us now IMO.
member
Activity: 1050
Merit: 10
Martian Swap - Anti Whale Measures New Yield Farmi
October 17, 2020, 11:48:58 PM
Many types of wallets are available in this crypto space. But when it's come to security the and most of the time is same. It's hardware wallets. Hardware wallets are the safest option available in the market. Very few people have hardware wallets the reason behind it is the price. You have to invest some money to buy a hardware wallet. And other most of the web or application based wallets are absolutely free. I would suggest you if you have some extra money buy a hardware wallet. I is worth investing. That's it.
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