Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Wallets => Topic started by: cryptothief on May 07, 2018, 10:50:48 PM

Title: Best Way to Store your Coins
Post by: cryptothief 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.
Title: Re: Best Way to Store your Coins
Post by: dragononcrypto 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.
Title: Re: Best Way to Store your Coins
Post by: Bitcoinjambi 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
Title: Re: Best Way to Store your Coins
Post by: altcoingamer 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!
Title: Re: Best Way to Store your Coins
Post by: tamango 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)
Title: Re: Best Way to Store your Coins
Post by: Dinid 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
Title: Re: Best Way to Store your Coins
Post by: wokee12 on September 30, 2018, 11:11:02 AM
Agree, no one can hack hardware wallet its very safe and recommended than using privatekey
Title: Re: Best Way to Store your Coins
Post by: bountyecrire 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.
Title: Re: Best Way to Store your Coins
Post by: cryptothief 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.
Title: Re: Best Way to Store your Coins
Post by: Zed0X 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.
Title: Re: Best Way to Store your Coins
Post by: mnopq 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.
Title: Re: Best Way to Store your Coins
Post by: micjoh 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.
Title: Re: Best Way to Store your Coins
Post by: abc123 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.
Title: Re: Best Way to Store your Coins
Post by: Ambu 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 .
Title: Re: Best Way to Store your Coins
Post by: Dreamer 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.
Title: Re: Best Way to Store your Coins
Post by: Ludmilla_rose1995 on February 18, 2021, 06:16:38 PM
I agree that hardware wallets are safer than online wallets. I use Ledger as my crypto wallet. However, some people don't want to buy a hardware wallet because it is not available in some countries. So they choose to store in an online wallet. It doesn't matter if they can maintain the private key properly.

note:
For beginners, it is not recommended to store in an exchange wallet
Title: Re: Best Way to Store your Coins
Post by: Pluto25 on February 23, 2021, 07:15:31 PM
Software and hardware store wallets available in cryptocurrencies market. Trust wallet, Metamask, myethereumwallet, math wallet etc software wallet. Ledger nano and trezor wallet favourite hardware wallet.
Title: Re: Best Way to Store your Coins
Post by: CriptoLH on February 25, 2021, 10:02:30 PM
If you store coins for a long time, then it is definitely best to do it in a cold wallet. But many people trade and then it is more convenient to keep some of the coins on the exchange itself. Also, many people store their coins on web wallets, but for this you need to ensure good security on your computer from hacker attacks.
Title: Re: Best Way to Store your Coins
Post by: Chita76 on February 26, 2021, 04:56:34 PM
Currently the best is to use the wallet because if you use the wallet you will always use the best.  The best wallet is My Etherium Wallet. This wallet is very good.  This wallet is most commonly used for storing tokens.
Title: Re: Best Way to Store your Coins
Post by: Dreamer on March 07, 2021, 10:01:56 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.
Same to me! Hardware wallets are good and very secure but I can't use them to store all my coins because I am a trader too. So almost 70% of the money is in Binance, Localbitcoins, Kucoin, and Yobit exchange.
Title: Re: Best Way to Store your Coins
Post by: rapheal on March 08, 2021, 08:43:48 AM
Ledger nano s is the best way to store your crypto coins. This is simplest and safest way to store your Ethereum, bitcoin, bitcoin cash and more.Many people say that this wallet is reliable than other wallets.
Title: Re: Best Way to Store your Coins
Post by: jhm on March 11, 2021, 11:02:10 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.

Think you've got it covered. Be creative with security, always. Also, keep it private
Title: Re: Best Way to Store your Coins
Post by: Dark Knight on March 25, 2021, 10:07:13 AM
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.
I use Trust Wallet and My Ether Wallet to work in cryptocurrency.However, we have to store Bitcoin tokens in our own wallet.The private keys of these wallets should be kept in a safe place so that no one can see them Now almost everyone uses Trust Wallet.Trust Wallet is much easier and safer to use
Title: Re: Best Way to Store your Coins
Post by: Tunir Baap on April 08, 2021, 07:49:00 AM
Cryptocurrency One of the best ways to store various digital currencies is through a crypto wallet. We only store our tokens or coins in a crypto wallet I can. This seems to me to be one of the best mediums. However, there are different types of wallets in cryptocurrency. You will use a good wallet considering the qualifications
Title: Re: Best Way to Store your Coins
Post by: Zero0 on April 08, 2021, 09:01:22 AM
Cryptocurrency One of the best ways to store various digital currencies is through a crypto wallet. We only store our tokens or coins in a crypto wallet I can. This seems to me to be one of the best mediums. However, there are different types of wallets in cryptocurrency. You will use a good wallet considering the qualifications
I agree with you, I also think that the only good way to store my earned coins in cryptocurrency is to keep them in a crypto wallet. There are many crypto wallets in the crypto universe for storing coins. Many people use many wallets. Some even use their own coin exchanger. I think crypto wallet is the best way to store cryptocurrencies.
Title: Re: Best Way to Store your Coins
Post by: bitbit97 on April 08, 2021, 11:14:44 AM
Trust Wallet is much easier and safer to use

I disagree. If a user uses default setting (and most do that) and havent set app lock option, then any one that has an access to users mobile can withdraw users funds. Trust wallet weakest post is an option to make transactions without signing them or confirming with something more secured than "click next to send".
Title: Re: Best Way to Store your Coins
Post by: Trumpet on April 09, 2021, 12:25:49 PM
One of the best ways to store coins is through crypto wallets, because we can keep our digital currencies safe through crypto wallets.So crypto wallets play a much bigger role for everyone, especially for those who are connected to cryptocurrencies.Hope you found your solution.