What wallet do you guys recommend for ETH and BTC?
● en
● #Cryptocurrency
● wallet
● ethereum wallet

What wallet do you guys recommend for ETH and BTC?

And what do you use several wallets depending on?
(Ex: Metamask is for development and micro-payment and Mist is for saving all of your assets)

What wallet do you guys recommend for ETH and BTC?

And what do you use several wallets depending on?
(Ex: Metamask is for development and micro-payment and Mist is for saving all of your assets)

● en
● #Cryptocurrency
● wallet
● ethereum wallet
Asked 7 days ago
by yutarokogafo
40 Karma

4 ANSWERS

You can use blockchain wallet. Or I you want to have hardware wallet, then Nano Ledger is the best solution.

Answered 7 days ago
130 Karma

I suggest to use hardware wallet like Nano Ledger S.
Private keys are never exposed to WebWorld and you can operate quiet easy.
Regarding Btc, you can operate with Ledger and its Chrome App.
Regarding Ethereum, it is possible to operate with Chrome App or MyEtherWallet directly.

I read once: "If the value of your cryptocurrencies is worth more than a Nano Ledger, buy a Nano Ledger to secure them" :)

Answered 7 days ago
1571 Karma

It really depends on your scope.
There are two different types of wallets:

  • Hot or online wallets, which are connected to the Internet
  • Cold wallets, which are not connected to the internet.

Hot wallets are designed to help you easily perform day-to-day transactions. However, because these are connected to the Internet, they become a hacker’s target.
There are many types of hot wallets to choose from such as mobile wallets, online, or desktop ones. My opinion is that mobile wallets are the least secure.

Cold wallets are not meant to be used often. They trade convenience for security and can take the form of:
- A piece of paper containing your public address and your private key or
- A hardware device connected to your computer through the USB port

With no Internet connection, both paper and hardware wallets are considered to be among the safest methods of storing your coins.

The takeaway is that hot and cold wallets are designed for different needs. Hence, the best approach is to use them both. A relatively small amount for usual transactions or day trading can be kept in a hot wallet, while the majority of your coins should be stored in a cold wallet.

Answered 7 days ago
160 Karma

My recommendations would be:

Cold Wallet: Ledger Nano S
Web-Based(for ETH and ERC20 tokens): myetherwallet.com
Software: Exodus.io

Answered 7 days ago
28 Karma