Where to store 10x different cryptocurrencies?

I.Grozni

sr. member

Activity: 588

Merit: 286

Coinomi multi-coin HD wallet

Quote from: zemnieka on January 30, 2018, 01:09:38 PM

Hello! I need serious help with this as I am very confused already with too much information.

I want to buy 100$k worth of alt-coins, various kind and I need to store them all easily and safely (I want to keep my private keys) for HODL.

What do you recommend, what are the pros and cons of each and what more options do I have?
I would appreciate a small explenation on how each of these work.

1. Nano Ledger?

2. Trezor?

3. Paper wallet?

4. MyEtherWallet (I suppose this is for Ether tokens/coins only).

5. Coin developers wallet on my computer?

Hardware wallets are expensive if you do not have a great value in crypto currencies. A paper wallet is the safest one if you want to buy and keep the crypto currencies. Web wallets are too insecure and I would not advise at all. Original wallets have to be synchronized, requiring huge disk space on the computer.

My proposal is the Coinomi multi-coin HD wallet that supports many crypto currencies and ERC20 tokens. Since the lightweight wallet is a nice interface and very safe it can easily be used on the Android smartphone. The versions for iOS, Windows, Linux and MacOS are in beta https://coinomi.com/

nettspring

jr. member

Activity: 143

Merit: 2

Online Entrepreneur

Quote from: AdolfinWolf on January 30, 2018, 01:38:45 PM

1) Nano ledger only supports up to 5 applications/ coins i believe? -- https://www.reddit.com/r/Bitcoin/comments/6suu4c/how_many_apps_can_you_install_on_a_ledger_nano_s/

2) Trezor only supports 10 coins i think - https://coinsutra.com/trezor-supported-coins/

3) That's going to be an extreme hassle but if you're going to hodl this could be possible.

4) If you're only planning on buying ERC20 tokens.

5) Exodus, https://www.exodus.io/ Jaxx, https://jaxx.io/ ( I believe they had security issues in the past so use with care. Coinomi -https://coinomi.com/ ( Android/IOS) over 270 coins.

really appreciate such nice reply with details bc solve my problem too Grin

zemnieka

newbie

Activity: 12

Merit: 0

Appreciated!

raoul78

jr. member

Activity: 38

Merit: 2

On a ledger you can only have 5 apps installed but you can store more coins on them. You can just delete an app to install a new wallet. If you need access to your previous coins you can just install it again. Deleting an app doesn't delete your coins.

kingzpro

member

Activity: 756

Merit: 13

DIFX - Digital Finacial Exchange

Hardware wallets are the best option if you want to hold your altcoins securely for the long term, if you aim to hold only eth based tokens then myetherwallet is good too, just keep your private key safe and you will be good to go.

lizardbtc

full member

Activity: 448

Merit: 109

Quote from: digaran on January 30, 2018, 01:47:52 PM

Click on my signature.

Coin payments is an online wallet... which is not the safest place to keep your coins by default. If he wants online wallets OP could easily keep his coins on exchanges you can say that it is the same as both keep private keys on their own servers.

mela65

sr. member

Activity: 1246

Merit: 348

Best Crypto / Online Casino Writing Services

I store nearly 10-15 coins/tokens and i use myetherwallets for all ethereum based erc20 tokens and the other coins have own wallets. I have backed up all of them and save them on my flash disk, also i have put storekey of myether on this flashdisk

digaran

copper member

Activity: 1330

Merit: 899

🖤😏

Click on my signature.

AdolfinWolf

legendary

Activity: 1946

Merit: 1427

Quote from: zemnieka on January 30, 2018, 01:09:38 PM

Hello! I need serious help with this as I am very confused already with too much information.

I want to buy 100$k worth of alt-coins, various kind and I need to store them all easily and safely (I want to keep my private keys) for HODL.

What do you recommend, what are the pros and cons of each and what more options do I have?
I would appreciate a small explenation on how each of these work.

1. Nano Ledger?

2. Trezor?

3. Paper wallet?

4. MyEtherWallet (I suppose this is for Ether tokens/coins only).

5. Coin developers wallet on my computer?

1) Nano ledger only supports up to 5 applications/ coins i believe? -- https://www.reddit.com/r/Bitcoin/comments/6suu4c/how_many_apps_can_you_install_on_a_ledger_nano_s/

2) Trezor only supports 10 coins i think - https://coinsutra.com/trezor-supported-coins/

3) That's going to be an extreme hassle but if you're going to hodl this could be possible.

4) If you're only planning on buying ERC20 tokens.

5) Exodus, https://www.exodus.io/ Jaxx, https://jaxx.io/ ( I believe they had security issues in the past so use with care. Coinomi -https://coinomi.com/ ( Android/IOS) over 270 coins.

mcs_john

jr. member

Activity: 68

Merit: 1

Share your merit with me if I was helpful :)

Well, it depends on each altcoin. Some can be stored in hardware wallets, some can be stored in MyEtherWallet (Ether tokens and coins like you guessed), some in the coin developers wallet. So you have to check for each of your altcoins where it can be stored and decide after you have all the info.

zemnieka

newbie

Activity: 12

Merit: 0

Hello! I need serious help with this as I am very confused already with too much information.

I want to buy 100$k worth of alt-coins, various kind and I need to store them all easily and safely (I want to keep my private keys) for HODL.

What do you recommend, what are the pros and cons of each and what more options do I have?
I would appreciate a small explenation on how each of these work.

1. Nano Ledger?

2. Trezor?

3. Paper wallet?

4. MyEtherWallet (I suppose this is for Ether tokens/coins only).

5. Coin developers wallet on my computer?

Topic: Where to store 10x different cryptocurrencies? (Read 212 times)