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Author Topic: Choosing the Right Crypto Wallet  (Read 1818 times)

Online Z-tight

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Re: Choosing the Right Crypto Wallet
« Reply #15 on: January 12, 2025, 11:45:14 PM »
We also know that Okx, or Binance is also a very prefer for us.
Okx and Binance are not wallets, they are centralized exchanges and any wallet in their platform is a custodial wallet and you do not control the keys to that wallet. If you want a wallet, you go for self custodial, open source wallets and not exchange wallets.

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Re: Choosing the Right Crypto Wallet
« Reply #15 on: January 12, 2025, 11:45:14 PM »

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Online dkbit98

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Re: Choosing the Right Crypto Wallet
« Reply #16 on: January 14, 2025, 12:32:10 AM »
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...
Especially with tiny little screen and extra time needed to verify all addresses.
Ledger S is NOT a good wallet, they proved that many times, but it's probably better than using centralized exchanges as ''wallets''.

Okx and Binance are not wallets, they are centralized exchanges and any wallet in their platform is a custodial wallet and you do not control the keys to that wallet. If you want a wallet, you go for self custodial, open source wallets and not exchange wallets.
You would be surprised to know how many people are calling exchange accounts a wallets and use them for holding coins.
That ia arguably much worse than holding money in bank accounts.
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Re: Choosing the Right Crypto Wallet
« Reply #16 on: January 14, 2025, 12:32:10 AM »

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Offline Mr. Magkaisa

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Re: Choosing the Right Crypto Wallet
« Reply #17 on: January 30, 2025, 02:43:20 PM »

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!

         -      The ledger is not really that good to use anymore, because if I'm not mistaken, it seems like it had a hacking issue last year, right? Because of this issue, many people in the crypto community have lost confidence in Ledger.

Then the rest that you mentioned are also okay with me like bluewallet, Electrum, unstoppable, the feedback here is good.

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.

 

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