Topic: Where to keep alternative coins safely for free ? (Read 494 times)

I prefer to use the purse Myetherwallet. Very easy to use. And in my opinion is safe. There you can send absolutely all coins based on ETH. I would not recommend keeping coins on the exchange, although I do it myself

I usually store Altcoin in Bittrex because it is a great and reliable exchange too. Always use the payday with google autenticator in the account we use to store it. To avoid from things we do not want, because anything can happen jiga we pay less attention to the security of our account.

if it's Erc20 token then I suggest to save it in myetherwallet (MEW) but you have to compass with your private key, save it safely and do not let anyone know it.

Just go for any PC, laptop, tablet or mobile that is no longer in use. Download a software wallet or app and keep your coins on there. Don't use it for any other thing and keep it disconnected from internet until not required. This can be a safe way. Also, you can go for paper wallet. But remember to keep multiple copies and that too safely. Or you can buy any hardware wallet.

Unless you dont hold your own Private Key then you are not the owner of your Bitcoin or Altcoins. If you put it in an Exchange like Binance or Bittrex you cant say its 100% safe. Whatever happens to the Exchange, your bitcoins are in danger always. I advise you buy a Hardware wallet like Ledger Nano or Trezor. Better safeguard your portfolio than being sorry. Exodus good, you can use it. If you still cant afford a hardware wallet, you can download a wallet like Exodus, or Jaxx wallet and store your private key in a safe place for future use. Me, I store my coins in a Ledger wallet. I just moved some coins I day trade in Binance but I definitely put it back to my Ledger wallet if I dont trade.

To store for free u should probably use some online wallets. Myetherwallet is good for storing ERC20 tokens. But make sure you don't get phished.

In my opinion, there are many exchange platforms, but be careful when you choose which one will keep your alternative coins in a safe way because there many scam platforms. As well, I advise you to choose Binance , due to it  is ranked first as the best exchange  platform, and it is very secure and safe compared to other ones. and even poloniex , bittrex are not bad, Plus, you must protect yourself from the hackers, so you must keep your information in a safe place.

In addition to that, for me, before keeping your money in exchange  platform , you must learn how to secure yourself ( the security ), you should  not click on bad links because there may be many viruses in them. Furthermore, the most essential thing is you must  keep your personal information on a flash disk, because there is always a possibility that your computer will be hacked.
  

The most secure way is to store it on a ledger nano S.
There are other ways including paper wallets, but it's a bit risky as you might lose them.
For Online storage, I use Myetherwallet to store ERC20 tokens. Be careful while storing online and don't get phished.

There are various articles on the internet about this. it is possible to search from there and buy a wallet. Maybe this site can help.

https://blockgeeks.com/cryptocurrency-safe/

I think all the wallets are vulnerable to hack but, as long as we believe and think positively there will be no problem, any surely there is a fatigue let alone the digital world, I am using MEW I save my private key elsewhere, if my wallet is hacked I mean no luck alone,
just calm down, and keep the spirit

It maybe number 1 exchange but still it is not safe to store our funds in exchange because we are nit controlling the private keys so the exchanges can freeze ir lock or shoutdown the exchanges so never trust anyone fully have an wallet there are lots of multicoin wallets are available but buying an hardware wallet is the best option and it cost us only about $70.

Exchanges might be all right for coins which otherwise should be kept in specific wallets, but in general it is a bad idea to keep coins on any exchange, because the policy might change and you can end up not being able to sell coins without ID or something else. MEW supports all erc-20 tokens and since most of tokens are like that, it's a great place to hold cryptocurrencies.
If the coin has some issues it might not be the best option. For instance, I hold iota on an exchange and that it not very safe, but their wallet had been seriously hacked once, so I could lose my iotas if I kept them there. I think it is better to use a trusted wallet and perhaps even a trusted exchange if there's no wallet like that, instead of keeping coins in the wallet of a basically new project.

They are all trusted and then one day something happens and they are not trusted anymore.
It's always the same story only characters are changed for every incident.

for erc20 tokens i suggest to keep at myetherwallet if u can remember private keys and keep it safe my ether wallet is completely open source decentralised token storage service

I recommend official wallets only

Kalau menurut pengalaman saya gan,lebih tepatnya pada Binance.ini merupakan market yang bagus dan aman dan juga bisa melakukan buy dan sell juga.

I think the best place is that altcoin's official core wallet.

that's true because in kukoin can use google 2fa

You can also choose to print your wallet (address of your cryptocurrency and private key key) to a physical paper, then secure this paper in a safety deposit box.

Most holders are removing cryptocurrency from the exchange and decentralizing their storage.
Here are some lists of wallets that most  crypto holder use:
1 Nano Ledger S – Hardware Wallet is just as secure as the hardware wallets. It is more portable and easier to carry around. It is a hardware wallet that comes at a very competitive price.
2 Trezor – Hardware Wallet. It is one of the first movers in the hardware wallet industry and sets the gold standard for crypto security. Trezor has a reputation for providing top-notch security, protecting against both virtual and physical theft. What Trezor lacks in style, it more than makes up in the security department. Even if your PC is compromised with malware, your private keys will still be safe with Trezor. In this sense, Trezor is more of a vault than a wallet.
3 Coinbase – Hot Wallet. You can activate 2-Step Verification and Google Authenticator for more protection.
Coinbase even has a vault available if you wish to trade convenience for an added layer of security. The only drawback is that Coinbase only offers Bitcoin and Ethereum wallets.
4 MyEtherWallet – Paper Wallet. Paper wallets are for those who wish to have their own private wallets without forking out cash for hardware wallets. The money saved could be invested in their coins. Simply generate your wallet online at myetherwallet.com and note your private keys. The website does not store or transmit any of your private information.
5 Jaxx — Software Wallet. Jaxx, the world’s first mobile wallet solution. Versions for iOS, Android, desktop and browser are now available. Jaxx uses a mnemonic seed to back up your wallet or transfer it to a different device. Jaxx allows you to receive your funds, scan QR code, view your crypto holdings, all in one intuitive app.
6 Electrum – Software Wallet. It is a fast, lightweight wallet for desktop and mobile users. It has a long list of supported features to make it the most flexible wallet today. It offers cold storage solutions, integration with hardware wallets.

i don't know what should i choose to keep my coin. if using myetherwallet it seems that the coin can't be used for a time. because we just keep it and not exchange anymore. yet, if you want to exchange your coin you can use binance.

I will keep all my erc Tokens in myetherwallet...
If i want to trade them im gooing to moove to the supported wallets

btc eth , im usin coinbase

thanks

I think that exchanges for sure not the safest place and not good way to hold altcoins! Better to use myetherwallet (or other wallet).. as for me

The safest is to put in the wallet. But I think the trading exchange  are safe enough if you believe it. Or you can split your blance and put it in many places

It is safe to keep coins on a cold purse

I keep my coin alt in kucoin.
although the exchange is new but the security is very strong.
there are many ways to secure your account in a kucoin.
Have a nice day.

Ofcourse on your cold wallet or hard wallet if you are planning for long term hold and you can receive airdrops also if they had. Binance is safe and secured so you don't have to worry about if you transferred your funds there.

I’m prefer keeping my tokens on hitbitc. I think it’s very good exchange and have a good security: 2FA google and email confirmation. Very safely I think.

You could send to Binance. It's very safe. I'm currently holding BTC there as well. Maybe by the time you could buy/sell altcoins from there.

Altcoins can be stored on Myetherwallet. Also for storing altcoyins, you can order a hardware purse and store the popular altcoyins on it. To store bitcoin, there are many wallets.

Better to keep those altcoins to their respective wallets where you are holding the private key / seeds of it.

I'm only storing minimal amount on exchanges as they are hot topic to the hackers and we can't tell even how secured the exchanges we are using, we don't have to be confident.

There's nothing wrong for keeping in exchanges but make sure that you are not putting sum of your portfolio there.

Some coins holds in local wallet and others in exchange.

I don’t trust exchanges much, I prefer digital wallets for altcoins instead. As for bitcoins, I’m planning to buy a hardware wallet in future. It’s not free, but still it’s the best option for me, as it is the most secure storage possible.

Don't tolerate this kind of behavior on where you do store up most of your coins into various exchanges which we do know the risk behind it because we don't hold up the private keys of such wallet which it would really be much better on holding it off into their supported or designated wallets.

For erc20 tokens then I would rather use this up than on storing into other places. MEW is safe as long the keys are being kept of secure where people cant really even possibly bruteforce it.

You have to keep all the alternate coins in secret wallets which has a private key. I think private key is the most safe thing.
Also you can use reliable exchanges like binance and bittrex etc.

MEW is safe if u hid your private key

There are many digital wallets are now available in the internet. But for me the safest option is the hardware wallet which is you kept it offline, in a secure possible place. That way there is a small probability that it will be hacked, always have a or create a clone of your private key. The least secure option is an online wallet, since the keys are held by a third party. But for me whatever option you go for, always be careful and mindful. Back up everything you have.

Resource: https://www.coindesk.com/information/how-to-store-your-bitcoins/

Are there Crypto-Steel solutions for storing alternative coins/tokens?

I am keeping my alternate coins in few exchanges. But I keep some in their wallets. I love coins which have their own wallet.
This makes it very trustworthy. Of course, I make a lot of trades daily with altcoins so many of the stock market sites

You should really think about a hard wallet as it is the most secure choice right now. It is very risky to use an exchange for storage, even for small amounts.

I think everything has a certain level of security, it is good to be wary of actions that are less comfortable, do not be too long to hold

In that way not consuming the cost on buying the hardware wallet means your choice is desktop wallet which are all private key secured. Most of the online centralized wallet like coinbase would not share the private key and they mentioned it on their faq page itself.
I do not understand how you suggest some newbie to use the exchange wallet as a security concern one.

If you don't want to do something with your bitcoins, you should move them to a wallet of which you have the private key and not holding them on a exchange. If you want to work with them then I would say that binance is a good option.

if u dont believe in rumors Binance is most trusted and highly advanced exchange u can keep ur alt coins and bitcoins for short term

I recommend Binance - it is No1 Exchange now, trust them

Where to keep alternative coins safely for free ?

Is exodus in your opinion a safe alternative coin wallet ?

Is binance safe to keep alternative coins ?

Assuming we're talking about a growing investment, at what point would you buy a hardware wallet and which ?

I just bought about 0.2 bitcoin at a Turkish website (paribu.com) but I'm afraid it will have waited too long before it is transferred to another place. Can you recommend a safe alternative to buy cryptocurrencies safely from Turkey ?