Choosing the Right Crypto Wallet

[Inspector]

With so many crypto wallets out there, finding the right one can feel overwhelming. It all comes down to your priorities: are you looking for security, accessibility, or support for multiple coins? 

For long-term storage, hardware wallets like Ledger or Trezor are great for security. For daily transactions, mobile wallets like Trust Wallet or MetaMask offer convenience. And for those exploring DeFi or NFTs, wallets with Web3 integration are a must. 

What’s your go-to wallet, and why? Have you tried any new wallets recently worth recommending? Let’s discuss!

[PX-Z]

What’s your go-to wallet, and why? Have you tried any new wallets recently worth recommending? Let’s discuss!

Old and safe wallet are enough for bitcoins, that's why i never used other wallet than this two — electrum and mycelium for mobile and desktop. Unless it's an altcoins or tokens, my newest wallet download/used is Unstoppable (although its that not new). These wallets are known to be safe and secured so i won't try anything new with no enough trust from the community.

[Findingnemo]

With so many crypto wallets out there, finding the right one can feel overwhelming. It all comes down to your priorities: are you looking for security, accessibility, or support for multiple coins? 

For long-term storage, hardware wallets like Ledger or Trezor are great for security. For daily transactions, mobile wallets like Trust Wallet or MetaMask offer convenience. And for those exploring DeFi or NFTs, wallets with Web3 integration are a must. 

What’s your go-to wallet, and why? Have you tried any new wallets recently worth recommending? Let’s discuss!

Ledger can't be trusted anymore, probably AI don't know that but you can't be posting it without actually doing some research on your own.

For Bitcoin - Electrum, available on both desktop and Android

For IOS, use Blue wallet.

For multiple crypto, Hardware wallet as Trezor and unstoppable wallet for Mobile.

[Gurujebs]

For long-term storage, hardware wallets like Ledger or Trezor are great for security. For daily transactions, mobile wallets like Trust Wallet or MetaMask offer convenience. And for those exploring DeFi or NFTs, wallets with Web3 integration are a must. 

What’s your go-to wallet, and why? Have you tried any new wallets recently worth recommending? Let’s discuss!

Some hardware wallets that you made mentioned are closed source while some are open source and there is difference between the two. The two looks safe though but you have to trust one that there isn't anything hidden which is the close source, they are not recommended when it comes to high security, it's better you go for open-source hardware wallets.

Likewise software wallets, Trust wallet is open source develop by Binance, I have personally not lose any funds with this wallet but there has been many complaints about it by some people, it's better you optin for open source software wallets.

[robelneo]

Have you tried any new wallets recently worth recommending? Let’s discuss!

I will not try out a new wallet until they get a lot of good feedback and they are open source and a true decentralized wallet. My go-to wallets are close-source and highly secured wallets like Electrum and DeFi wallets for altcoins.
But for stacking coins long-term, you need a hardwallet to fully secure your coins, but its not only the choice of wallet that should be your concern; it's more on how you protect these wallets and protecting yourself by now showing too much of your portfolio to people.

[rdluffy]

I have a Ledger Nano S, it's one of the simplest hardwallets out there, but it does its job well
But I need an easier wallet to make a lot of transactions every day. Using it for that isn't the best option

Does anyone here use a hardwallet and do a lot of transactions on a daily basis (in DeFis, airdrops farminig etc)?
Which wallet do you use for this?

[Z-tight]

I use electrum for my BTC, and if i want cold storage, i run electrum in an airgapped device. I don't really use altcoins too much, but if i must, i go with Unstoppable wallet because it is an open source wallet and i like its features, just that it is not compatible with plenty altcoins.

[albon]

A mix of cold and hot wallets is the best option for those who have enough bitcoins. Cold wallets will provide maximum asset protection while hot wallets offer flexibility. So by choosing a specific type of hot or cold wallet you can further customize the security. Software wallets are connected to the Internet and most software wallets are considered hot wallets. Using a hardware wallet will store your keys on a physical device instead of software. Most hardware wallets work the same way as flash drives. Any wallet can ensure the security and fast transaction of your personal crypto fund but definitely hardware wallet is the best for me. Also i always use software wallet for short time transactions.

[BitMaxz]

Currently, I could not find any open-source wallet that supports a large number of altcoins, tokens, and NFTs. The majority of multi-coin wallets are created by exchanges such as Bitget, OKX, and Binance; however, they are not open-source wallets or maybe I still don't know any of these wallet?

So, in terms of security, if you want a secure wallet with full control, hardware wallets are your best option. Trezor should be the cheapest option with open-source code.

I know unstoppable wallets, but the problem is most of the coins and tokens that I usually use do not support unstoppable wallets, mostly wallets from exchanges like Bitget or OKX wallet.
Unstoppable is a great option, but as far as I know, this wallet does not support most tokens or NFTs, only ERC20 tokens.

[Z-tight]

Also i always use software wallet for short time transactions.

Online wallets are for small transactions and for spending on the go, like you said, everyone has to have an online wallet they use for these purposes. However, if you cannot purchase a hardware wallet, you can set up your own airgapped wallet using Electrum.

[dkbit98]

Does anyone here use a hardwallet and do a lot of transactions on a daily basis (in DeFis, airdrops farminig etc)?
Which wallet do you use for this?

Nope.
For me this would be just time wasting to use hardware wallet for airdrop farming crap.
Sure, it can be used for defi and make it a bit more secure because you have to verify transaction each time, but I would bot trust any closed source device for that.
We recently saw what happened with Tangem wallet and everyone should learn a lesson from that.

[rdluffy]

Does anyone here use a hardwallet and do a lot of transactions on a daily basis (in DeFis, airdrops farminig etc)?
Which wallet do you use for this?

Nope.
For me this would be just time wasting to use hardware wallet for airdrop farming crap.
Sure, it can be used for defi and make it a bit more secure because you have to verify transaction each time, but I would bot trust any closed source device for that.
We recently saw what happened with Tangem wallet and everyone should learn a lesson from that.

The problem is that today and in the near future, protocols are filtering out users who have an onchain footprint, and it's risky not to have a hardwallet to use, it's not good to change your wallet everytime you will farm an airdrop

I have a Ledger nano S and it's a pain to use on a daily basis, or to make 50 transactions in one day...

I'm still looking for a good wallet

[Azharul]

I think that we should find out open source secure wallet for safe our valuable asset. Because we know that secure wallet is very important for all crypto users. We also know that Okx, or Binance is also a very prefer for us. But if we want to find another secure wallet, I think that cryptomus wallet will be very prefer for us. Because we know that it's transection fee is very lower than others. So I think that it will be very prefer and helpful for us.

[joniboini]

The problem is that today and in the near future, protocols are filtering out users who have an onchain footprint, and it's risky not to have a hardwallet to use, it's not good to change your wallet everytime you will farm an airdrop

What if you swap your holdings to another wallet and import your old wallet to a hot wallet or something similar? For example, use your Nano S as your cold storage with new seedphrases while you use your MetaMask to import your old wallet. I don't think you can get both security and ease of use at the same time tbh. Not to mention if we're hunting for airdrop. Another way to reduce the risk is to only participate on a new protocol/dapps that doesn't limit your participation with an on-chain footprint, although that's rare.

[Mr. Magkaisa]

With so many crypto wallets out there, finding the right one can feel overwhelming. It all comes down to your priorities: are you looking for security, accessibility, or support for multiple coins? 

For long-term storage, hardware wallets like Ledger or Trezor are great for security. For daily transactions, mobile wallets like Trust Wallet or MetaMask offer convenience. And for those exploring DeFi or NFTs, wallets with Web3 integration are a must. 

What’s your go-to wallet, and why? Have you tried any new wallets recently worth recommending? Let’s discuss!

        -      Right now, honestly speaking, the crypto wallet I use is Metamask. When I use it on desktop, of course I save the seed phrase and private key of the wallet account I create on Metamask because that is really important.

And besides Metamask, there are Phantom Wallet and Ton Wallet. Besides this, if I use a mobile wallet, it is still the same: Metamask, Phantom Wallet, Ton Wallet, Trust Wallet, and Bitget Wallet. So, this is what I currently use now, which is so far so good, actually.