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Author Topic: Top 5 Best Cryptocurrency Wallets  (Read 38603 times)

Online Litzki1990

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Re: Top 5 Best Cryptocurrency Wallets
« Reply #120 on: March 03, 2024, 03:08:35 PM »
Best wallet
Mycelium wallet
Electrum wallet
Blue wallet
Coinbase wallet
Safepal
These wallets always provide security to the user.
You could have added some hardware wallet names in the list of wallets that you have presented here. The ones you mentioned are definitely the best software wallets but there are some other wallets which are quite safe to use and very popular. User can ensure maximum security through hardware wallet but if it is not possible to use hardware wallet then these software wallets can be used if a user wants and besides these wallets a user can use my ethereum wallet if he wants. In terms of security, My Ethereum Wallet is quite secure

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Re: Top 5 Best Cryptocurrency Wallets
« Reply #120 on: March 03, 2024, 03:08:35 PM »

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Offline cebo

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Re: Top 5 Best Cryptocurrency Wallets
« Reply #121 on: March 27, 2024, 10:00:23 AM »
Currently I use Trustwallet because there are lots of members who take part in the Airdrop using Trustwallet.
I also follow this trend because as far as I know, Trustwallet and Metamask are currently the hype regarding cryptocurrency wallets.

Maybe other members will provide more information about the best cryptocurrency wallets, but currently I trust Trustwallet more to store the few coins I have.
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Re: Top 5 Best Cryptocurrency Wallets
« Reply #122 on: April 09, 2024, 06:47:58 PM »
Maybe other members will provide more information about the best cryptocurrency wallets, but currently I trust Trustwallet more to store the few coins I have.
If you are storing only shitcoins, you can continue using trust wallet, but if you want an open source recommendation for your shitcoins, there is unstoppable wallet.

However, if it is BTC you have, then use wallets like Electrum, BlueWallet or Sparrow wallet; they are recommended, open source and well reviewed.
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Re: Top 5 Best Cryptocurrency Wallets
« Reply #123 on: April 10, 2024, 01:36:52 AM »
Top 5 Best Cryptocurrency Wallets

For me ledger nano is a good and popular crypto wallet that offers good security and support system for a wide range of crypto currencies. It's small device that allows you to store your private key offline, however from any hackers. It's very easy to set up and operate, and it support a wide range of cryptocurrencies. The difference involved is that it's a bit price difference with other wallets, but it security is worth it.

I'm sorry but did you ever research everything before posting that non-sense? To give you a background starting with firmware versio 2.2.1,

Quote
However, the recent update changes this fundamental security structure 5. If a user opts in for the cloud feature, their seed phrase will be stored online. This is a significant departure from the promise of “cold storage” that hardware wallets like Ledger are known for.

https://swapd.co/t/evaluating-the-security-risks-of-the-recent-ledger-2-2-1-update-is-ledger-com-no-longer-safe-the-ledger-cloud-issue/920472

Online Litzki1990

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Re: Top 5 Best Cryptocurrency Wallets
« Reply #124 on: April 16, 2024, 04:03:41 PM »
Maybe other members will provide more information about the best cryptocurrency wallets, but currently I trust Trustwallet more to store the few coins I have.
If you are storing only shitcoins, you can continue using trust wallet, but if you want an open source recommendation for your shitcoins, there is unstoppable wallet.

However, if it is BTC you have, then use wallets like Electrum, BlueWallet or Sparrow wallet; they are recommended, open source and well reviewed.
Trust wallet has the option to store all ALT coins including bitcoins but here it is somewhat risky to store bitcoins. Many fraudsters can easily gain access to these wallets through fraud, but if such a wallet contains a large amount of bitcoins, it is of course a concern for the user. So there is no need to think so much, you should keep your money wherever possible where it is the most secure. If user want to keep only Bitcoin then I suggest him to use electrum wallet and if want to keep some ALT then he can use trust wallet.

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Re: Top 5 Best Cryptocurrency Wallets
« Reply #125 on: April 17, 2024, 06:55:39 PM »
If user want to keep only Bitcoin then I suggest him to use electrum wallet and if want to keep some ALT then he can use trust wallet.
Take note that while Electrum is a recommended wallet, the safety of your wallet depends on you the user and the device you store it in. Electrum is an online wallet and if you want better security you have to run it in an airgapped wallet and have a very good opsec to save your seed phrase safely. However, if you funds is not so big, you can use Electrum online.
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Re: Top 5 Best Cryptocurrency Wallets
« Reply #126 on: April 18, 2024, 10:55:21 AM »
Trust wallet has the option to store all ALT coins including bitcoins but here it is somewhat risky to store bitcoins. Many fraudsters can easily gain access to these wallets through fraud, but if such a wallet contains a large amount of bitcoins, it is of course a concern for the user. So there is no need to think so much, you should keep your money wherever possible where it is the most secure. If user want to keep only Bitcoin then I suggest him to use electrum wallet and if want to keep some ALT then he can use trust wallet.
One of the reasons Trustwallet is not good is because it is a close source wallet. It is good to avoid close source wallet because you do not know what the wallet is doing underneath. Open source wallets are recommended. Unstoppable wallet is good for altcoins but Metamask is one of the best online altcoins wallet. For bitcoin, Electrum is good but it is worth knowing the difference between online and offline wallets. Online wallets are not as that safe and not recommended for huge amount of coins, but you can run Electrum on an airgapped device which will make it an offline wallet.
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Re: Top 5 Best Cryptocurrency Wallets
« Reply #126 on: April 18, 2024, 10:55:21 AM »


Online Aanuoluwatofunmi

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Re: Top 5 Best Cryptocurrency Wallets
« Reply #127 on: April 23, 2024, 09:13:15 PM »
Talking about wallets, if a wallet is a non custodial wallet but closed source, i don't think its still the perfect idea for use, why should they be private or closed about it when it should be available and made open for any interested developer to see, what is best for us is an open source non custodial bitcoin wallet, we should make more research about the implications of using either of the two and compare their respective result to know which is best.

 

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