What's the most secure wallet for altcoin

[Celsius]

It is not possible to choose a wallet to store cryptocurrencies at once as there are many important factors, the most important of which are security and transfer fees. However, some have got a lot that are very secure and in which the holders store their crypto currency. From this point of view, the most important and easiest for me is the Exodus wallet.

[Z-tight]

From this point of view, the most important and easiest for me is the Exodus wallet.

Exodus wallet is closed source, so for me i will not recommend it. Take note that transaction fees is not determined by the wallet you use, i see some people talking about fees as reason why they choose a particular wallet, tx fees depends on the network or chain you are using, if it is congested or not; and also the weight of your tx.

[bitterguy28]

From this point of view, the most important and easiest for me is the Exodus wallet.

Exodus wallet is closed source, so for me i will not recommend it. Take note that transaction fees is not determined by the wallet you use, i see some people talking about fees as reason why they choose a particular wallet, tx fees depends on the network or chain you are using, if it is congested or not; and also the weight of your tx.

yes but some wallets have fees of their own as well aside from transaction fees of the network so that differs per each platform some wallets also have minimum amount of coin or token you can buy or sell which could be a hassle at times when the amount you need does not meet the minimum

exodus has particularly high minimum amount required for you to carry out a transaction and really high fees so these things are also considered when choosing the right wallet for you

[philipma1957]

Imo there are no most or less secure wallets. Every problem comes from wallet users. There are users who are cautious and follow security measures, and there are those who are reckless about their money, and there are exceptions like bad luck or coincidence. I dont believe there are any wallet or a person who can not be hacked or robbed. It matters little if you have most secure wallet, when $5 wrench attack turn all security into nothing.

So you have two trezors one with 1000 to 10000 on it.

The other with 10,000 to whatever. hidden

this beats the five dollar wrench attack

[Z-tight]

yes but some wallets have fees of their own as well aside from transaction fees of the network so that differs per each platform some wallets also have minimum amount of coin or token you can buy or sell which could be a hassle at times when the amount you need does not meet the minimum

What kind of wallets are you talking about, do you mean custodial or exchange wallets, if you are using a recommended self custodial wallet, you only pay network fees. From what you explain here, you seem to be talking about custodial wallets and i don't recommend such wallets to begin with.

[dkbit98]

Good open source hardware wallet is the best and most secure option for altcoins, but it depends what coins you are using.
I think Trezor is standard good option, but I think Keystone wallet supports more altcoins.
There is also Bitbox and Onekey, but I suggest comparing all of them before purchasing.

[Aanuoluwatofunmi]

It is not possible to choose a wallet to store cryptocurrencies at once as there are many important factors, the most important of which are security and transfer fees.

When choosing a wallet to use, the type of wallet used does not determine the few, the main determination is the mempool congestion and that fee is set by the miners to be used in confirming a transaction, however, it is better that we understand the exchanges are not regarded as wallet, instead account, because some of them will personally determine what fee to charge us, when it comers to security, its more secured going for a non custodial wallet.

[Gurujebs]

It is not possible to choose a wallet to store cryptocurrencies at once as there are many important factors, the most important of which are security and transfer fees. However, some have got a lot that are very secure and in which the holders store their crypto currency. From this point of view, the most important and easiest for me is the Exodus wallet.

The fees is not determined by the wallet itself, it's depend on what the network is demanding at time before you can comfirm your transaction on that network. Most wallets uses API to get the real time data from the other network to determine the fees needed for people to make the transactions and not the wallet doing it. Some wallets have ways you can customize the fees.

Security is the first thing any wallet most have whether it has good features or bad features, you have to understand that our funds been in a safe hand is the first thing you need then you can ask for good features later.

[|MINER|]

It is not possible to choose a wallet to store cryptocurrencies at once as there are many important factors, the most important of which are security and transfer fees. However, some have got a lot that are very secure and in which the holders store their crypto currency. From this point of view, the most important and easiest for me is the Exodus wallet.

I think You are talking about the centralised-exchanger because you mention that transfer fees, if we talk about the wallet I mean that decentralised wallet then that transfer fees depends on the networks you want to transfer it doesn't depend on the wallet.
And we should check about the most secure wallet for our altcoin then we must should check these that should be open-sourced and as well also the decentralised. And should also have the good features with the security.

[bounceback]

I think You are talking about the centralised-exchanger because you mention that transfer fees, if we talk about the wallet I mean that decentralised wallet then that transfer fees depends on the networks you want to transfer it doesn't depend on the wallet.
And we should check about the most secure wallet for our altcoin then we must should check these that should be open-sourced and as well also the decentralised. And should also have the good features with the security.

Transfer fees of sending coins in wallet depend which one network support, if hold or saving coins in Solana network chain, Binance Smart Chain and Polygon have lower fees than using Ethereum network. For secure wallet actually hold it in hardware wallet because its most secure wallet for saving altcoin but if hold in exchange wallet get easily way when selling during altcoin raise to higher price, if save in wallet take time firstly to send exchange if want sell it and have regulation each exchange how long take time coins credit in the exchange account.

[|MINER|]

Transfer fees of sending coins in wallet depend which one network support, if hold or saving coins in Solana network chain, Binance Smart Chain and Polygon have lower fees than using Ethereum network. For secure wallet actually hold it in hardware wallet because its most secure wallet for saving altcoin but if hold in exchange wallet get easily way when selling during altcoin raise to higher price, if save in wallet take time firstly to send exchange if want sell it and have regulation each exchange how long take time coins credit in the exchange account.

In fact, if a good coin is to be used, it must have a dedicated network chain, otherwise the coins you are talking about will all be under the chain of some other altcoin, their potential will not be the same. And I don't think investing in those coins would be a very wise thing to do. What I think is that if someone feels the need to reduce the transaction fees of their stable coin, they will choose the one that has comparatively lower transaction fees.

[kai]

Hardware wallets are definitely very secure wallets, but sometimes we think 10 times about buying a hardware wallet like Trezor because as far as I know the cheapest hardware is above 50 dollars.
Software wallets are simpler, easier and more efficient because we just download them on the Playstore for Android users, but their security is not necessarily secure.

If you only store worthless coins like Meme coins, just use a software wallet like Trust Wallet.
If our wallet is used to store more than 10 Bitcoins, then it is better to use a hardware wallet like Trezor.

[lepbagong]

I think You are talking about the centralised-exchanger because you mention that transfer fees, if we talk about the wallet I mean that decentralised wallet then that transfer fees depends on the networks you want to transfer it doesn't depend on the wallet.
And we should check about the most secure wallet for our altcoin then we must should check these that should be open-sourced and as well also the decentralised. And should also have the good features with the security.

Transfer fees of sending coins in wallet depend which one network support, if hold or saving coins in Solana network chain, Binance Smart Chain and Polygon have lower fees than using Ethereum network. For secure wallet actually hold it in hardware wallet because its most secure wallet for saving altcoin but if hold in exchange wallet get easily way when selling during altcoin raise to higher price, if save in wallet take time firstly to send exchange if want sell it and have regulation each exchange how long take time coins credit in the exchange account.

What you said is very true, and all coin transfers are indeed determined to depend on the network we use and, so far, many have provided very cheap fees, so that many use them for each transaction. Binance, Solana, Polygon have indeed done that, and it is not surprising that, until now, it has been, most widely used for new projects because the costs are also affordable, but unfortunately, with a cheap network there is always misuse, so that many worthless coins are worthless in everyone's wallet.
A hard wallet is indeed very good, but if it is only to accommodate bounty results, it is not wrong that the existing wallet is also very good as long as we can maintain it properly.

[bayu7adi]

Hardware wallets are definitely very secure wallets, but sometimes we think 10 times about buying a hardware wallet like Trezor because as far as I know the cheapest hardware is above 50 dollars.
Software wallets are simpler, easier and more efficient because we just download them on the Playstore for Android users, but their security is not necessarily secure.

If you only store worthless coins like Meme coins, just use a software wallet like Trust Wallet.
If our wallet is used to store more than 10 Bitcoins, then it is better to use a hardware wallet like Trezor.

The price for Trezor model One is $49, it will probably be almost $100 for purchase from my country because of shipping and country tax... honestly it is quite expensive if we compare it with applications like Unstopable Wallet or Trust Wallet that we can download for free anytime...

However, for anyone who has ever experienced a bitter experience like being a victim of hacking with a value of more than $100, I think it gives a sense of regret and thinks of hardware wallet as a missed solution... regret is the pain that always comes last, it really makes us messed up because we have made the wrong initial decision....

The threshold for having Trezor is actually not an asset of 10 BTC, but when I have BTC above 0.1 or equivalent to $10k, that means I only need to set aside 1% of my assets for the other 99% to be safer... and that is very wise.

[kai]

Hardware wallets are definitely very secure wallets, but sometimes we think 10 times about buying a hardware wallet like Trezor because as far as I know the cheapest hardware is above 50 dollars.
Software wallets are simpler, easier and more efficient because we just download them on the Playstore for Android users, but their security is not necessarily secure.

If you only store worthless coins like Meme coins, just use a software wallet like Trust Wallet.
If our wallet is used to store more than 10 Bitcoins, then it is better to use a hardware wallet like Trezor.

The price for Trezor model One is $49, it will probably be almost $100 for purchase from my country because of shipping and country tax... honestly it is quite expensive if we compare it with applications like Unstopable Wallet or Trust Wallet that we can download for free anytime...

Well, that's one of them because the price is expensive and of course the tax in my country in Indonesia is quite large for goods imported from abroad. The comparison with wallet software like Trust Wallet is very far because it is simple, easy and free, just download it on Playstore.

However, for anyone who has ever experienced a bitter experience like being a victim of hacking with a value of more than $100, I think it gives a sense of regret and thinks of hardware wallet as a missed solution... regret is the pain that always comes last, it really makes us messed up because we have made the wrong initial decision....

That's right because for me $100 is very expensive and of course I don't have that much money to transfer to my personal wallet. Yesterday I also received a little Bitcoin from the campaign and used the software wallet from Trustwallet.

The threshold for having Trezor is actually not an asset of 10 BTC, but when I have BTC above 0.1 or equivalent to $10k, that means I only need to set aside 1% of my assets for the other 99% to be safer... and that is very wise.

That's just my metaphor for the above because in reality I am sure that if you have assets above 100 dollars stored in a personal wallet, it is better to use a hardware wallet only, don't use a software wallet.