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Author Topic: Best Way to Store your Coins  (Read 9713 times)

Offline cryptothief

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Best Way to Store your Coins
« on: May 07, 2018, 10:50:48 PM »
Personally I use a hard wallet in combination with MEW. These aren't the only wallets out there, but probably the most well known (trusted). Ledger will set you back about 80 Euros, and the Trezor (base model) about 10 Euros more. Both are very straightforward to use and well worth the initial layout for the security and peace of mind they provide, plus they both support a large number of altcoins, just check the websites for details.

https://shop.trezor.io/

https://www.ledgerwallet.com/products/ledger-nano-s

KeepKey and CoolWallet are another couple you can check out if you want to make some comparisons. I haven't used either of these, so wouldn't want to recommend them directly, just saying they are alternatives to the market leaders.
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Best Way to Store your Coins
« on: May 07, 2018, 10:50:48 PM »

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Offline dragononcrypto

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Re: Best Way to Store your Coins
« Reply #1 on: May 10, 2018, 12:06:42 PM »
I'm currently getting into veracrypt based cold storage, ie keeping private keys in a veracrypt container and making multiple backups to offline devices. My next step for long-holds with be burying some copies of these USBs, as I really like the idea of burying your crypto gold for the future. Incase your house burns down or you are robbed for example, always have at least a dozen backups is what I say, most importantly some that are extremely inaccessible.

Offline Bitcoinjambi

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Re: Best Way to Store your Coins
« Reply #2 on: June 01, 2018, 12:08:06 AM »
I agree with you, wallet hardware is more secure than online wallet with privatekey, and wallet exchangers are also at risk for us

Offline altcoingamer

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Re: Best Way to Store your Coins
« Reply #3 on: June 12, 2018, 01:54:56 AM »
I use ledger with bitcoin app and MEW, works fine for me.. I wish MEW would update its interface, but as far as working, its been fantastic!

Offline tamango

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Re: Best Way to Store your Coins
« Reply #4 on: June 19, 2018, 11:34:00 PM »
I think that if someone has a resonable amount of $ in coins buying an hardware wallet like LEDGER or TREZOR is the only way to sleep without fear of hackers. 8)
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Offline Dinid

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Re: Best Way to Store your Coins
« Reply #5 on: August 15, 2018, 08:05:22 PM »
For ethereum wallet, I have rarely used mew.
Currently I am using mobile app such as "imtoken" to access the wallet.
More simple and more convenient I think.
About app security ? mmmmhhh , I don't know yet.
Is there any advice please ? Thanks before

Offline wokee12

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Re: Best Way to Store your Coins
« Reply #6 on: September 30, 2018, 11:11:02 AM »
Agree, no one can hack hardware wallet its very safe and recommended than using privatekey
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Re: Best Way to Store your Coins
« Reply #6 on: September 30, 2018, 11:11:02 AM »


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Re: Best Way to Store your Coins
« Reply #7 on: October 11, 2018, 11:01:42 PM »
Ledger or trezor is the best of course, but I can't keep all my money in there because I'm trading, in binance and bitmex, so unfortunately some money of mine should stay in exchanges.

Offline cryptothief

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Re: Best Way to Store your Coins
« Reply #8 on: October 15, 2018, 04:23:15 AM »
Ledger or trezor is the best of course, but I can't keep all my money in there because I'm trading, in binance and bitmex, so unfortunately some money of mine should stay in exchanges.

Yes, absolutely. Any coins you are regularly trading you will need to keep on the exchanges, otherwise it can cost you an arm and a leg if you have to keep depositing and withdrawing. Best bet then is to not keep everything on one exchange, spread out your trading across a number of exchanges so you're not holding all your eggs in one basket if it falls. And always remove anything as soon as you intend to hold it wothout trading for a longer period of time.
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Offline Zed0X

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Re: Best Way to Store your Coins
« Reply #9 on: October 15, 2018, 05:30:23 PM »
No one can deny that hardware wallets are still the best to store. I also have some in MEW and and Metamask.
I am also waiting for the official launch of Equal Web wallet, I've been part of its close beta testing and I think it's just awesome. The team is currently working on some improvements then open beta comes next.

Offline mnopq

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Re: Best Way to Store your Coins
« Reply #10 on: July 02, 2020, 03:00:16 PM »
Ledger nano s , myetherwallet and trezor are best wallets.i this wallets are best way to store your coins.

Offline micjoh

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Re: Best Way to Store your Coins
« Reply #11 on: October 29, 2020, 08:54:21 AM »
I think hardware wallets are the best way to store your coins. Ledger nano s and trezor are the best hardware wallets. I'm using ledger nano s. This wallet is easy to use and it has best security.

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Offline abc123

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Re: Best Way to Store your Coins
« Reply #12 on: November 16, 2020, 12:10:07 PM »
Ledger nano s/ nano x, trezor, keepway, trust wallet, Atomic wallet, metamask and myetherwallet are best wallets to store your crypto currencies.

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Offline Ambu

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Re: Best Way to Store your Coins
« Reply #13 on: November 20, 2020, 01:00:09 PM »
Hardware wallets are best way to store cryptocurrencies these wallets are more secure I think this is the correct way to store cryptocurrencies for long term because I have ledger s nano this is very easy to use .

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Re: Best Way to Store your Coins
« Reply #14 on: February 17, 2021, 07:12:51 PM »
It's a good idea to store cryptocurrencies in different wallets because something may happen in one wallet and you will save some amount that you stored from the other wallet. I use Coinpayments and Trust wallet to store some of my coins, I like Coinpayments because of merchant services.

 

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