Wallet for different altcoins. | Bitcointalksearch.org

greenlanternlight01

copper member

Activity: 252

Merit: 6

Quote from: Kisifer on May 22, 2020, 05:51:03 AM

Hello all,

New to the scene here and I have a question. When you mine for different altcoins, do you have to have different wallet for each? Or you can have 1 wallet and use it for all the altcoins you mine?

Lets say I have a wallet in |Trust Wallet, can I use that address for storing different altcoins that I mine?

I hope that you understand what I'm trying to say. Sorry but my English is not so good.

Well I think that it depends on the coin you are mining, if you are mining erc20 related coins, then you can go for mew. So far I had no issues with it.

Henrobakkara

full member

Activity: 1512

Merit: 115

if all the wallets that you want to keep are compatible with erc20 then you can use trust wallets but you still keep altcoins that belong to different wallets, it aims to avoid hacker attacks, because if you are in one wallet then you will lose assets in an instant

rathaha10

full member

Activity: 616

Merit: 108

io.ezystayz.com

Quote from: Kisifer on May 22, 2020, 05:51:03 AM

Hello all,

New to the scene here and I have a question. When you mine for different altcoins, do you have to have different wallet for each? Or you can have 1 wallet and use it for all the altcoins you mine?

Lets say I have a wallet in |Trust Wallet, can I use that address for storing different altcoins that I mine?

I hope that you understand what I'm trying to say. Sorry but my English is not so good.

You don't really need to have multiple wallets for your altcoins now as we have a lot of multi-currency wallets that support nearly every altcoins across nearly every blockchain. Few examples of trusted Multicurrency wallet that i've used includes Atomic Wallet, trust wallet, coinomi and imtoken and i can assure you that these wallets are always on deck integrating more and more altcoins support everyday

hushpupppy

jr. member

Activity: 250

Merit: 2

Quote from: Kisifer on May 22, 2020, 05:51:03 AM

Hello all,

New to the scene here and I have a question. When you mine for different altcoins, do you have to have different wallet for each? Or you can have 1 wallet and use it for all the altcoins you mine?

Lets say I have a wallet in |Trust Wallet, can I use that address for storing different altcoins that I mine?

I hope that you understand what I'm trying to say. Sorry but my English is not so good.

Yes trust wallet can let you store multiple tokens of different blockchains on their wallet.
But first you need to confirm the blockchain is permitted on the trust wallet first, so you do not lose your tokens.

WannaCry

full member

Activity: 742

Merit: 101

if the coins has their own blockchain then you need their own wallet.. you can download them in their website same as other altcoin as well

Baoanhbmt

jr. member

Activity: 117

Merit: 1

You should pay attention to if you want to keep multiple coins in one mixed wallet is the reputation of that wallet because there are also mix wallets that have proven to be safe till this day. Tokens are built on different block chain that has it's own native coins. For example, Bitcoin, Ethereum, EOS, TRX, OMNI etc.
Trust wallet got you covered, ethereum, litecoin, Doge coin, Bitcoin, bitcoincash, Ethereum classic etc.
Binance Chain wallet for BNB and BEP2
NEO wallet for NEO and its token NEP5
TRON wallet for TRX and its tokens.

Valzador

hero member

Activity: 1316

Merit: 503

Quote from: RozoTheMiner on May 25, 2020, 08:59:10 AM

I use the Verus desktop, it works for hundreds of coins.

It's one of the easiest multicoin wallet I've ever tried!

https://veruscoin.io/wallet

Very interesting, how long have you been using the wallet? Can you set the fee for each type of altcoin? I do not know why, so far, I have never heard of this wallet.

Pecunia non olet

full member

Activity: 882

Merit: 102

PayAccept - Worldwide payments accepted in seconds

It is very complicated, at first you want to have everything on one place, but secondly when you have evrything on a one place, it is so easy too loose everything, right? Cheesy

coiner-88

member

Activity: 537

Merit: 10

Today there are roughly 5,098 altcoins in existence. If you are interested in checking out all the digital currencies and markets check out markets.bitcoin.com for an aggregated list of coin market caps NEM. Ethereum Classic. Monero. Zcash. Decred. PIVX. Bitcoin, bearing in mind that the combined market capitalization of both is way south of the market capitalization of some of the world's biggest companies.

RozoTheMiner

full member

Activity: 200

Merit: 103

Hello Bitcoin World!!

I use the Verus desktop, it works for hundreds of coins.

It's one of the easiest multicoin wallet I've ever tried!

https://veruscoin.io/wallet

shoreno

full member

Activity: 1750

Merit: 118

Quote from: itsv on May 24, 2020, 03:29:20 AM

Quote from: bits4books on May 24, 2020, 02:19:03 AM

Exodus wallet the best one
Has a beautiful interface, supports even the most useless shitcoin.
And non-custody as a nice addition.

yes a very good wallet for storing multiple coins/tokens. However I would suggest you to store Ether based tokens in myehterwallet use metamask browser extension. And for coins it would be good to store them in official wallet for each coin. I know it's bit hectic but there is a saying "Don't put all your eggs in one basket" So for better security you should consider this.

im looking for a different and unique coment to reply on and i found this though this trick isnt realy new because me myself have heard this before but still this trick is useful so that we wouldnt lost all our coin on one single moved made by hackers . you sugested mew which is also i support more than trust wallet that op have been using becuase mew is a wallet that is already a pioneer on this scene and already gain recognition or reputation . pairing it with metamask and your now pretty solid .

akwfleaspirit

member

Activity: 163

Merit: 10

Mining altcoins and storing in wallet depends s on the compatibility of the token and wallet, as a crypto merchant, you need different wallets and all depends on how compatible they are to the particular wallet you intend to use. Some tokens have there special wallets while others are ERC compactible. Just like electroneum cannot be stored in trust or imtoken wallet, and also Energi token cannot be saved in ERC wallets. So my point is, not all altcoins can be stored in one wallet, you need different wallets to store coins you mine, depending on the compatibility of the token to wallets.

Kisifer

newbie

Activity: 11

Merit: 0

Thanks to each one of you for the great info. I understood that you can store you mined coins in a single wallet as long as they are supported from it. Also when you mine that coin you need to enter the specific coin address to the miner (you get the address from the multi-wallet).

Also you can get the original wallet from the coin you mine, so you have one wallet for each different coin you mine (more secure).

I'm mining coins that are from 0,5-10$ value!!!

siddartha1492

sr. member

Activity: 952

Merit: 284

In love with Bitcoin!! 💓💕

First make sure to check if the altcoins you are mining are ERC-20 token standard tokens of Ethereum network. If yes, then you can use many wallets like Trust, Enjin, Ledger etc to store them. But if they are not then you will most probably need to download their own wallets.

takana212

member

Activity: 462

Merit: 10

Of course, because Trust Wallet supports many types of altcoin, but it all depends on the coins that you mine because there are some coins that provide desktop wallets, where we have to install a wallet on our PC.

giammangiato

legendary

Activity: 1862

Merit: 1327

Quote from: Kisifer on May 22, 2020, 05:51:03 AM

Hello all,

New to the scene here and I have a question. When you mine for different altcoins, do you have to have different wallet for each? Or you can have 1 wallet and use it for all the altcoins you mine?

Lets say I have a wallet in |Trust Wallet, can I use that address for storing different altcoins that I mine?

I hope that you understand what I'm trying to say. Sorry but my English is not so good.

hello, I personally use various multicoin wallets, the best solution to keep all your coins in one place, trustwallet is the one I use most for the various erc20 tokens and for many coins that I keep, even coinomes can be an excellent alternative. I also use freewallet to quickly exchange many coins that are not supported in the exchange where I am registered. the latter to be used with caution since it does not give the possibility of having a recovery phrase

Kvalentine

member

Activity: 504

Merit: 25

Quote from: Kisifer on May 22, 2020, 05:51:03 AM

Hello all,

New to the scene here and I have a question. When you mine for different altcoins, do you have to have different wallet for each? Or you can have 1 wallet and use it for all the altcoins you mine?

Lets say I have a wallet in |Trust Wallet, can I use that address for storing different altcoins that I mine?

I hope that you understand what I'm trying to say. Sorry but my English is not so good.

You will need to create multi wallet account on trust wallet, this will give you access to every altcoins you desire, you can always add or remove, from litecoin to enjin address, trust wallet got you covered, if you aren't satisfied with trust wallet then look for others like atomic or monarch wallet

gwaposakon

full member

Activity: 854

Merit: 101

Quote from: Kisifer on May 22, 2020, 05:51:03 AM

Hello all,

New to the scene here and I have a question. When you mine for different altcoins, do you have to have different wallet for each? Or you can have 1 wallet and use it for all the altcoins you mine?

Lets say I have a wallet in |Trust Wallet, can I use that address for storing different altcoins that I mine?

I hope that you understand what I'm trying to say. Sorry but my English is not so good.

I am using exodus for storing many of my altcoins. So far it has not given me any problem. Exodus is available in desktop and mobile devices and is an easy to use multi-currency software wallet. For me the wallet excels in its simple design and easy to navigate user interface. It has also superb online support. You can even generate all private keys for every altcoins stored in the wallet and lets you also exchange between currencies.

Doranile432

member

Activity: 476

Merit: 22

Quote from: Kisifer on May 22, 2020, 05:51:03 AM

Hello all,

New to the scene here and I have a question. When you mine for different altcoins, do you have to have different wallet for each? Or you can have 1 wallet and use it for all the altcoins you mine?

Lets say I have a wallet in |Trust Wallet, can I use that address for storing different altcoins that I mine?

I hope that you understand what I'm trying to say. Sorry but my English is not so good.

You don't need another wallet cos trust wallet can handle many altcoins out there, all presently profitable coins to mine are available on trust wallet so no problem at all

@baoli

jr. member

Activity: 1162

Merit: 1

Base.protocol

Tokens are built on different block chain that has it's own native coins. For example, Bitcoin, Ethereum, EOS, TRX, OMNI etc. So I will advice if you are mining get a particular coin wallet where the token is..but if it is to just hold you can use the multiwallet like atomic wallet, coinomi, yrustwallet, Mathwallet.

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