Which is the most trusted wallet for store Altcoins?

aioc

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Quote from: Rabiii777 on January 24, 2020, 01:42:48 PM

Most common problem for new users thay are alwyas looking to safe scure wallet i see some complain regarding that not easy to find out as well thy required.its is possible to safe all coin in one wallet with good security and secure please tell me and suggest me what is the best soloution for that i will appreciate you sugggestions this will help to encourge my knowledge and also benifits for new users thanks.

So far I have no issue at all using Exodus been using it since it's creation and even before I invested in altcoins, I am very much satisfied on its security features and they have very good support, and the wallet is always up to date so there is no bug whatsoever. I've just downloaded other multi-coin wallets like Coinomi and Atomic and Jaxx but Exodus for me is the best.

VDraci

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Any wallet that gives fully access to users fund is good enough for me, stay away from online wallets that requires mail and password to login, they are in control of your funds, make sure you have full access to your recovery seed or private keys

shoreno

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Quote from: Winscosinally on January 30, 2020, 02:30:11 PM

I suggest you make a decision between Trust Wallet and Coinomi Wallet, these two are multi wallets and very easy to use for newbies, i find Trust Wallet to be the easiest, you don't have to add Erc20 tokens manually

trust wallet? havent use this but i can see this wallet is being recomended by users here lately . i dont know if those users are all the same and connected by this wallet and they only promote it but what if my whereabouts were wrong and the name of this wallet tells it all ? but about coinomi , this wallet is totally legit no doubt . the only problem is that you need to add some tokens if its not pre supported . i still like mew better because its auto synced the token and the alts .

Winscosinally

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Quote from: Rabiii777 on January 24, 2020, 01:42:48 PM

Most common problem for new users thay are alwyas looking to safe scure wallet i see some complain regarding that not easy to find out as well thy required.its is possible to safe all coin in one wallet with good security and secure please tell me and suggest me what is the best soloution for that i will appreciate you sugggestions this will help to encourge my knowledge and also benifits for new users thanks.

I suggest you make a decision between Trust Wallet and Coinomi Wallet, these two are multi wallets and very easy to use for newbies, i find Trust Wallet to be the easiest, you don't have to add Erc20 tokens manually

TheGreatPython

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Quote from: Rabiii777 on January 24, 2020, 01:42:48 PM

Most common problem for new users thay are alwyas looking to safe scure wallet i see some complain regarding that not easy to find out as well thy required.its is possible to safe all coin in one wallet with good security and secure please tell me and suggest me what is the best soloution for that i will appreciate you sugggestions this will help to encourge my knowledge and also benifits for new users thanks.

I would personally suggest you to create an account on any of the reputed exchange which you could even use as an wallet. You can store any of the coin on a single platform and also it would give you the ease to quickly trade with those coins if you see any good dip or pump.

It makes me reliable and I can also trade with my altcoins along with just holding them so I would store most of my altcoins onto exchanges like binance, etc. These exchanges too are secure and once you add 2FA, SMS verification, Email confirmation, Additional passwords, etc those might be more secure than the wallets. Only risk for you there would be in case the exchange is hacked and each user looses their funds over there but it is much rare scenario.

mk4

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Quote from: LTU_btc on January 29, 2020, 04:08:11 PM

You have valid point, but I'm not sure why you're suggesting Exodus, when they aren't open source, same like Coinomi.
And Ledger wallet isn't open source too, but it doesn't makes them less secure to use.

My bad there, edited my post. Apparently Exodus is only partially open-source. As for Ledger, their software(Ledger Live is open-source[1], but the hardware and the java card isn't. But yea, there's definitely still trust needed. Devs have claimed that it it will be more transparent as time goes *fingers crossed*.

[1] https://github.com/LedgerHQ/ledger-live-desktop

LTU_btc

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Hardware wallets like Ledger Nano S and X, Trezor is safest place to keep altcoins. All other wallets (desktop,mobile, web and others) is significantly less secure. Apart from hardware wallets, Coinomi is good option IMO.

Quote from: mk4 on January 29, 2020, 12:53:48 PM

Coinomi is closed-source, and I would almost never recommend the usage of closed-source wallets. Exodus has both a desktop and mobile app, so I'd suggest using that instead. Though I'd never recommend holding a huge variety of coins in the first place for obvious^(smelly) reasons.

You have valid point, but I'm not sure why you're suggesting Exodus, when they aren't open source, same like Coinomi.
And Ledger wallet isn't open source too, but it doesn't makes them less secure to use.

Quote from: MURONDI on January 24, 2020, 06:12:57 PM

Coinbase is a wallet that has been operating for a long time and has a good reputation, but the type of altcoin that can be stored on coinbase is not very complete, but to save coins that are already popular I think coinbase is good enough, I think most people will exchange their coins for popular coins to store.

Coinbase is least secure place to keep your coins, same like all other exchanges. There are many reasons why. You don't have full control of your coins, it's centralized and requires KYC and it can be hacked. Exchanges shouldn't be used as a wallet.

carlfebz2

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Quote from: mersal on January 26, 2020, 11:59:54 AM

Coinomi and Exodus are preferred multi crypto wallet by users so if you are looking for something free and gives your private keys then these are the best options for you.

Quote from: MURONDI on January 24, 2020, 06:12:57 PM

Coinbase is a wallet that has been operating for a long time and has a good reputation, but the type of altcoin that can be stored on coinbase is not very complete, but to save coins that are already popular I think coinbase is good enough, I think most people will exchange their coins for popular coins to store.

Coinbase doesn't support all coins and more over its not a wallet.And one more why you don't have to use coinbase for long term storage from my last created thread.

Why do people really have that belief that Coinbase is a wallet, yet its an exchange after all and storing your coins for long term is never been an ideal thing to be done.

^Above talking about Closed-source ones, then i dont also prefer or never touch any wallets on this kind. Always go for open source ones but as said when in the talks of
hodling then hardware wallet will be the best one.

mk4

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Quote from: ronaldo40 on January 25, 2020, 12:43:14 PM

it's better if you use hardware wallet but in case that you don't want to buy it maybe he can use coinomi wallet which is support many cryptocurrencies at the moment

Coinomi is closed-source, and I would almost never recommend the usage of closed-source wallets. ~~Exodus has both a desktop and mobile app, so I'd suggest using that instead~~ Apparently Exodus is only partially open-source. Though I'd never recommend holding a huge variety of coins in the first place for obvious^(smelly) reasons.

thottum

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Exodus wallet would be so good in the desktop wallet list which supports many Altcoins almost all major ones. For mobile wallets, I use Trust wallet which is also very good in all aspects and supported by Binance itself.

tbterryboy

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Quote from: mersal on January 26, 2020, 11:59:54 AM

Coinomi and Exodus are preferred multi crypto wallet by users so if you are looking for something free and gives your private keys then these are the best options for you.

Quote from: MURONDI on January 24, 2020, 06:12:57 PM

Coinbase is a wallet that has been operating for a long time and has a good reputation, but the type of altcoin that can be stored on coinbase is not very complete, but to save coins that are already popular I think coinbase is good enough, I think most people will exchange their coins for popular coins to store.

Coinbase doesn't support all coins and more over its not a wallet.And one more why you don't have to use coinbase for long term storage from my last created thread.

Considering your last created thread, What I can understand is that you have lost your second approval email for coinbase. In this situation, they might freeze your account as it might seem suspicious for them and they have no fault in this. Also I am sure this would be solved sooner. Coinbase has number of coins and it might be good to store our coins too.

Coinbase is been a trusted exchange and a wallet. Also I do not think that OP has any intentions to buy a lot of altcoins which are not even listed on coinbase or not known yet but instead he would invest in those coins which are already on top rank of the coinmarketcap and also those coins are been listed on coinbase so there would be no issues in using coinbase.

milewilda

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Quote from: Rabiii777 on January 24, 2020, 01:42:48 PM

Most common problem for new users thay are alwyas looking to safe scure wallet i see some complain regarding that not easy to find out as well thy required.its is possible to safe all coin in one wallet with good security and secure please tell me and suggest me what is the best soloution for that i will appreciate you sugggestions this will help to encourge my knowledge and also benifits for new users thanks.

Go for Ledger Nano or Trezor yet these hardware wallets do store several altcoins but if you do actively make transactions then i would suggest

Electrum for Btc
Myetherwallet for Erc20

There are different platforms out there.Just make use their corresponding suggested wallet.Important here is that you should store up coins
on wallets that you do possess its keys.

mersal

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Coinomi and Exodus are preferred multi crypto wallet by users so if you are looking for something free and gives your private keys then these are the best options for you.

Quote from: MURONDI on January 24, 2020, 06:12:57 PM

Coinbase is a wallet that has been operating for a long time and has a good reputation, but the type of altcoin that can be stored on coinbase is not very complete, but to save coins that are already popular I think coinbase is good enough, I think most people will exchange their coins for popular coins to store.

Coinbase doesn't support all coins and more over its not a wallet.And one more why you don't have to use coinbase for long term storage from my last created thread.

sheenshane

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Quote from: Rabiii777 on January 24, 2020, 01:42:48 PM

Most common problem for new users thay are alwyas looking to safe scure wallet i see some complain regarding that not easy to find out as well thy required.its is possible to safe all coin in one wallet with good security and secure please tell me and suggest me what is the best soloution for that i will appreciate you sugggestions this will help to encourge my knowledge and also benifits for new users thanks.

I think this is what you are looking for, Top 100 coin's Desktop+Android+iOS wallets . Newbies be aware about fake wallet.. I saw that this day and a newly made thread wrote by @sujonali1819. Avoid those wallets that have dozen of customer complaints and not open-source or a custodial wallet. Otherwise, some of the remaining altcoins have their own wallet. You can directly visit their website.

Quote from: shield132 on January 26, 2020, 05:48:28 AM

snip-
In overall don't leave coins on exchanges, it means you are insecure and no one knows whether something happens to your coins or not (steal, hack and etc).

I agree because that means " If you dont have the private key the coins your store does not belong to you". If you are planning to store long term holding, avoid wallet asking KYC and web wallet they are not safe.

Pffrt

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Quote from: Yatsan on January 26, 2020, 05:22:10 AM

But if you are holding a small amount of money there, I think you will not get any issue regarding KYC. I am using coinbase, I guess, for 3-4 years, and I am using it as a wallet. I was storing about 200-400usd there and didn't face any issue regarding KYC.

You didn't face because the money you are referring to is too short to have an investigation for Coinbase. If I am not wrong, you are receiving your signature campaign payment on Coinbase or at least you have received it before. Do you know if Coinbase can detect your source of BTC which you are getting from gambling sites, your account will be frozen? You will get no way to recover your money. That's why it's better to avoid this wallet. Coinbase is a wallet and an exchange both. They are non custodial wallet.

shield132

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Quote from: Rabiii777 on January 24, 2020, 01:42:48 PM

Most common problem for new users thay are alwyas looking to safe scure wallet i see some complain regarding that not easy to find out as well thy required.its is possible to safe all coin in one wallet with good security and secure please tell me and suggest me what is the best soloution for that i will appreciate you sugggestions this will help to encourge my knowledge and also benifits for new users thanks.

Do you mean online or offline wallet or both of them?
Personally I would avoid online wallets except some because there was one website bit.ac offering storing of a lot of altcoins but they turned into scam.
On blockchain.com's wallet you can store following altcoins: Ether, Bitcoin Cash, Stellar and USD PAX.
Exodus is a good wallet for storing altcoins.
Ledger Nano S if you hardware wallet.
In overall don't leave coins on exchanges, it means you are insecure and no one knows whether something happens to your coins or not (steal, hack and etc).

Yatsan

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Quote from: The Cryptovator on January 26, 2020, 05:09:13 AM

Quote from: MURONDI on January 24, 2020, 06:12:57 PM

Coinbase is a wallet that has been operating for a long time and has a good reputation, but the type of altcoin that can be stored on coinbase is not very complete, but to save coins that are already popular I think coinbase is good enough, I think most people will exchange their coins for popular coins to store.

Coinbase isn't a 'wallet' to hold Altcoins. Coinabse basically an exchange but most of people think that an wallet. It's not very safe to store any altcoin or bitcoin itself. You will face lots of issue like KYC. They are quite strict, sometimes transaction will stuck without KYC. Anyway, I won't prefer any exchange to hold your altcoin.

If you are looking for multi coin wallet then best choose is Ledger nano. Maximum good coins wallet there. This is the secure way to hold or store your coins. Even this isn't free but it will save your fund from hackers. Don't just find easy way, it would harmful for you.

But if you are holding a small amount of money there, I think you will not get any issue regarding KYC. I am using coinbase, I guess, for 3-4 years, and I am using it as a wallet. I was storing about 200-400usd there and didn't face any issue regarding KYC. With regards to Ledger nano, my only problem there is your money will get stuck, every time there's a firmware update. It will go on boot-loop, and it takes time to solve. Personally, I am just using Ledger for long term holding or just storing my bitcoins and other alts. But for using it, for a daily transaction, I think that is not advisable for me considering that your money might get stuck there.

The Cryptovator

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Quote from: MURONDI on January 24, 2020, 06:12:57 PM

Coinbase is a wallet that has been operating for a long time and has a good reputation, but the type of altcoin that can be stored on coinbase is not very complete, but to save coins that are already popular I think coinbase is good enough, I think most people will exchange their coins for popular coins to store.

Coinbase isn't a 'wallet' to hold Altcoins. Coinabse basically an exchange but most of people think that an wallet. It's not very safe to store any altcoin or bitcoin itself. You will face lots of issue like KYC. They are quite strict, sometimes transaction will stuck without KYC. Anyway, I won't prefer any exchange to hold your altcoin.

If you are looking for multi coin wallet then best choose is Ledger nano. Maximum good coins wallet there. This is the secure way to hold or store your coins. Even this isn't free but it will save your fund from hackers. Don't just find easy way, it would harmful for you.

Rabiii777

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Respectable senior members i read all you suggestions regarding my question most trusted wallet for store altcoins im thankfull for all your best suggestions this will help me lots to use one wallet easy safe and secure.Coinomi ,Hradware wallet Metamask and mobile android wallet all these best for me.

ronaldo40

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Quote from: StephenJH on January 25, 2020, 09:55:26 AM

Better to use the hardware wallets if you can afford $80 but there are plenty of free wallets that don't require any kind of fees. For mobile, I prefer to use Trust and IMO wallets, both crypto wallets have high-level security. For desktop, use MyCrypto for ETH and altcoins, for BTC I use an Electrum desktop wallet.

it's better if you use hardware wallet but in case that you don't want to buy it maybe he can use coinomi wallet which is support many cryptocurrencies at the moment

Topic: Which is the most trusted wallet for store Altcoins? (Read 309 times)