Which is the best wallet?

[Bitcoin_people]

The most popular and best wallets are the ones I use and the wallets I love the most. Especially those wallets that offer maximum security and are hacked.
Trust wallet
Metamusk wallet
Coinbase wallet
Etc...
Moreover, hardware and software wallets are the most popular, they are less likely to be hacked, but you must store the keys.

[joniboini]

Sorry, how to use (every day) Leadger if your sid-phrase is known to other 9-campaigns. There is no decentralization at all. Then cryptocurrency can't be "safely" stored. One button will permanently lock your account. Or if no firmware update = no funds (which is also possible soon).

You probably meant the seed phrase. But what do you mean by 9-campaigns? Are you referring to 9 companies who hold our 'encrypted' private key if we use Ledger Recover? I thought it was only 3. Coincover, Ledger, and EscrowTech? Did they update it or is there new information about how their product works from a leaker? But yeah, better move from them as soon as possible. I read that someone needs to update their firmware when they want to swap with Pancakeswap recently, won't be surprised if other platforms follow son because they need to do it because one of their dependencies requires a Ledger kit or something. CMIIW.

[SamReomo]

Any hot wallet can be more secure than any cold wallet. Or alternatively, one can use multiple hot/some cold wallets.

No, hot wallets can't be more secure than cold wallets. I do said that some people can choose trust wallet for storing their altcoins but still I will always prefer cold wallets over the hot wallets. Hot wallets are more vulnerable to hacking attacks then cold wallets.

Only way someone can attack cold wallet is if they learn about its seed phrase or private keys other than that cold wallets can't be hacked by anyone. But, hot wallets are highly vulnerable to malware and spyware attacks and that's the main reason why most people trust cold wallets or air-gapped systems over the hot wallets.

[summonerrk]

Any hot wallet can be more secure than any cold wallet. Or alternatively, one can use multiple hot/some cold wallets.

No, hot wallets can't be more secure than cold wallets. I do said that some people can choose trust wallet for storing their altcoins but still I will always prefer cold wallets over the hot wallets. Hot wallets are more vulnerable to hacking attacks then cold wallets.

Only way someone can attack cold wallet is if they learn about its seed phrase or private keys other than that cold wallets can't be hacked by anyone. But, hot wallets are highly vulnerable to malware and spyware attacks and that's the main reason why most people trust cold wallets or air-gapped systems over the hot wallets.

That's right. No hot wallet can be better than a cold one. And I think that every crypto enthusiast, if he gets rich, goes to trezor or ledger. Because these are really reliable places to store large amounts of cryptocurrencies!
In the meantime, I have small amounts of cryptocurrencies, I use Electrum and TrustWallet.
At the same time, I consider Electrum to be more reliable, because its source code is open. And even if the Trust Wallet was made by people associated with Binance, its code is closed.

[Perfect540]

Can you share me best wallet name for holding crypto as long time. There is many wallet in the crypto market where i have found searching by google. But i couldn’t trust because i want hold very long time for my crypto assets.

If you want to hold your Crypto for long periods then you can select below wallets

Hardware wallet: Trezor, keepkey, Safepal wallet , Ledger NanoS

Electrum wallet
Metamask wallet
Trust wallet

[Brewmaster]

For long-term storage of crypto assets, it's generally recommended to use hardware wallets due to their enhanced security features and protection against online threats. Two reputable hardware wallets are:

1. **Ledger Nano S or Ledger Nano X:** Ledger devices are widely trusted in the crypto community. They provide offline storage, keeping your private keys secure from online threats. Ledger Nano X offers additional features and more storage capacity compared to Nano S.

2. **Trezor Model T:** Trezor is another well-established hardware wallet. The Model T is known for its security features and ease of use. It supports a variety of cryptocurrencies and is suitable for long-term storage.

Remember to purchase hardware wallets directly from the official websites to ensure that you receive a genuine and untampered device. Additionally, always set up your hardware wallet in a secure environment, and carefully store the recovery seed or private key in a safe place.

[Papusha20]

Can you share me best wallet name for holding crypto as long time. There is many wallet in the crypto market where i have found searching by google. But i couldn’t trust because i want hold very long time for my crypto assets.

op If you hold Altcoins I would usually refer you to software wallets. Or if you hold bitcoins then I will explain hardware wallet or software wallet. In that case you can use Ledger T , Mycelium , Trust wallet because these wallets are enough security for all prices. Before creating a new wallet you need to save the key properly. Keys should never be stored in Google Drive or online as there is a high chance of someone hacking them. Your wallet is safe if the keys are safe.

[Sokani]

Any hot wallet can be more secure than any cold wallet. Or alternatively, one can use multiple hot/some cold wallets.

No, hot wallets can't be more secure than cold wallets. I do said that some people can choose trust wallet for storing their altcoins but still I will always prefer cold wallets over the hot wallets. Hot wallets are more vulnerable to hacking attacks then cold wallets.

Hot wallets are less secured than cold wallets, they're more vulnerable to attacks because they're connected to the Internet.

Only way someone can attack cold wallet is if they learn about its seed phrase or private keys other than that cold wallets can't be hacked by anyone. But, hot wallets are highly vulnerable to malware and spyware attacks and that's the main reason why most people trust cold wallets or air-gapped systems over the hot wallets.

I'd like to add that your funds can be stolen from an hardware wallet if the device you're using to send transaction is infected with a clipboard malware which could replace your address without you noticing. Also, you could lose your fund if you buy a tempered hardware wallet from an unauthorized dealer.

[NikeFit_7777]

That's right. No hot wallet can be better than a cold one. And I think that every crypto enthusiast, if he gets rich, goes to trezor or ledger. Because these are really reliable places to store large amounts of cryptocurrencies!
In the meantime, I have small amounts of cryptocurrencies, I use Electrum and TrustWallet.
At the same time, I consider Electrum to be more reliable, because its source code is open. And even if the Trust Wallet was made by people associated with Binance, its code is closed.

It all depends on the deposit and how each of us treats security. For someone, X-wallet is reliable, for someone else it is not. This issue can be solved only by diversification. For me personally, most of the hot wallets are perfect. And for someone else they not. 

P.S. It all depends on the individual, put your choice on the device you trust. At the same time, do not listen to anyone. This is really the most workable method. You can discuss it for a long time, and in the end you won't find the ideal for you.

Hot wallets are less secured than cold wallets, they're more vulnerable to attacks because they're connected to the Internet.

If you feel that way, switch to cold wallets. Or make your own. There is quite a lot of information on this subject on the Internet.

[salad daging]

I see ledger being recommended a lot but with all that has happened to them over the years?

1. When their customer's data were leaked
2. The once planned ledger recover backup subscription
3. and the recent security exploit concerning dapps

I'd pick a different hardware wallet if I were you. These incidents also further affirmed how important an open source wallet is, I suggest starting with the thread: Open Source Hardware Wallets

That is worrying because customer data can be leaked like that, meaning that the security in the Nano Ledger device is not good, so it is not recommended.

With customers able to recover backup funds with their subscriptions, Ledger will give them to third parties, this is even more surprising, so when they have this device, they are no longer in use.

This exploit on the ledger became a stir earlier at X.com because their library failed to properly anticipate that it was connected to Dapps, although it was fixed in a short time but this remains a doubt.

[Sokani]

~

If you feel that way, switch to cold wallets. Or make your own. There is quite a lot of information on this subject on the Internet.

It's not a feeling, it's a known fact. The connection to the Internet makes it more vulnerable to attacks. You could see you're wrong from the reply you got from SamReomo, and my reply was just to buttress his earlier statement. If you're still sceptical, you might wanna take a look at this article.

"In summary, hot wallets are convenient for active crypto users. However, one thing to remember is that the internet connection of the traders may expose them to security risks. Users should consider their crypto activities when choosing between hot and cold wallets."

https://coindcx.com/blog/cryptocurrency/crypto-hot-wallets-vs-cold-wallets/

[NikeFit_7777]

It's not a feeling, it's a known fact. The connection to the Internet makes it more vulnerable to attacks. You could see you're wrong from the reply you got from SamReomo, and my reply was just to buttress his earlier statement. If you're still sceptical, you might wanna take a look at this article.

"In summary, hot wallets are convenient for active crypto users. However, one thing to remember is that the internet connection of the traders may expose them to security risks. Users should consider their crypto activities when choosing between hot and cold wallets."

https://coindcx.com/blog/cryptocurrency/crypto-hot-wallets-vs-cold-wallets/

Overall, I can say the following: "Absolutely nowhere, there is no guarantee of safety". I give preference to hot wallets, through the fact that I have never had problems with them. Not once, there was no theft of cryptocurrencies, etc. Besides, why pay 100-200$ for a cold wallet, if there are a lot of hot wallets. Choose one to your liking and use it. Or diversify and use both hot/and cold. No one forbids it. It's up to each user.

P.S. I read the article, alas, I learned nothing new for myself. Since I know a lot and constantly read something (for general development). Thanks anyway + karma 

[LDL]

If you want to keep your cryptocurrency safe, you can definitely use the best hardware wallet in the market if you want to keep your funds in a more secure wallet. You can select your preferred wallet from Ledger Nano, SafePal, Trezor etc. All of them are very popular and safe and risk free to use.

Again Electrum wallet, exodus wallet, Unstoppable wallet also popular software wallet. One can easily use above software wallets.

[Sokani]

Overall, I can say the following: "Absolutely nowhere, there is no guarantee of safety". I give preference to hot wallets, through the fact that I have never had problems with them. Not once, there was no theft of cryptocurrencies, etc. Besides, why pay 100-200$ for a cold wallet, if there are a lot of hot wallets. Choose one to your liking and use it. Or diversify and use both hot/and cold. No one forbids it. It's up to each user.

P.S. I read the article, alas, I learned nothing new for myself. Since I know a lot and constantly read something (for general development). Thanks anyway + karma 

I think you misunderstood me. I'm not trying to convince you to get a hardware wallet. What you do with your funds and how you store it is entirely your business. I was only trying to correct you, when you said hot wallets are more secured than cold wallets. However, on a more serious note, it'd be dumb if you have crypto assets worth thousands of dollars and you find it difficult to cough out a meager $100 - $200 to get a good hardware wallet.

[NikeFit_7777]

I think you misunderstood me. I'm not trying to convince you to get a hardware wallet. What you do with your funds and how you store it is entirely your business. I was only trying to correct you, when you said hot wallets are more secured than cold wallets. However, on a more serious note, it'd be dumb if you have crypto assets worth thousands of dollars and you find it difficult to cough out a meager $100 - $200 to get a good hardware wallet.

See, you're of a different opinion. We're all different and think differently. I even know people who bought cold wallets at (100-150$ pf 1 piece) and absolutely don't use it. If we're talking about hot wallets, you can diversify. Which I do because it's quick/affordable. That's what got me hooked on them. The cold ones have to be ordered/waiting for delivery - absolutely no time to do that. Maybe in time, I'll change my thoughts.

P.S. I just prefer hot wallets and nothing more. First and foremost, do what you are comfortable with and buy the purses you really believe in.