Things to consider before choosing a wallet

[qurban 37]

There are various elements to consider when you pick a cryptographic money wallet, trade, or installment processor.

Organization Reputation

Advancements Used

Reinforcement Features

Different Cryptocurrencies

Crypto money Conversion

QR Code Scanner.

[nacer79 1]

According to my understanding, this intervention raises the issue of preference between the governor on whatever basis, ease of treatment, safety, or the currencies that support it, and so on. For me, I believe that safety is the most important element

[iloveyobit 6599]

Indeed, choosing the right wallet is the first important thing when you start the trading process, because choosing the wrong wallet may affect your profits and you may be breached and your money stolen at an instant.

Indeed, choosing the right wallet is the first important thing when you start the trading process, because choosing the wrong wallet may affect your profits and you may be breached and your money stolen at an instant.

[Efs 164]

It has been a very nice compilation content, but there are some shortcomings. I think there should be a decentralized exchange (dex) in a wallet. And of course, instant price indicator is one of the indispensable items.

[Ayush Singh 1175]

The above points is very important when you are choosing to go with any wallets because there are lots of scam wallets available in the the digital world which attracts by giving some profitable schemes, so while choosing any wallets first see the riviews and then compare the transaction fees also its security which could help you to protect by any hackers.

[Emmaxogi 33]

The effects you ought to to take into account before choosing the fitting wallet is principal the protection of the devotion nearly all of the time the purpose nowadays essential assert a two-way confirmation to comprise reliable about the guarantee and to stay away from to the intruders, next is the reliability of the concentration and finally if it is userfriendly and not also to a great extent grating to use.
 

[paradice 7]

Just use atomic/jaxx and create a backup on paper lol

[Upright 2688]

The cost, when choosing a too also counts, as some wallets like the nano ledger are not openly free to have it,. but it is bought. Since it bosses most wallets in terms of security. Reputation will normally come on when the users of the wallet give them good reviews, just like that of the coinbase, which reputably strong

[Beromnia 733]

Welcome with me
A good subject and rich in information about the portfolios. Personally, I prefer paper portfolios which are safe, easy to use and not complicated
The hardware wallets are the best ever, but their high price is beyond the reach of all

[Luciferludz 1442]

The best things that's you must look while you are choosing the wallet, you must look the wallet that's doesn't consider screenshot, also it must create new address once new one is used already

[CryptoLover21 0]

Choosing wallet is easy 

you should keep in mind some tips and things  like they should have option for backup and restore

low fees  , and security , and has access to pvt keys

[Whited35 15285]

We must take care of so many things before choosing any type of wallet.Get the things first what type of wallet are you trying to using. Paper wallet and hardware like trezor and Nano are the most secured wallet in the world. Check if you can easily use required wallet or not.
 

[NOBADY 37]

This statement, however, is not completely exclusive; Most cryptocurrency exchanges restrict their users to trading digital assets solely for digital assets, but few allow trading cryptocurrencies such as the US dollar for fiat currencies.

[BrolySSJ 7899]

This is a very good post and provides us with very important information related to how to choose a wallet. for me the two most important factors are ease of use and security with the wallet. And also the user network of that wallet is important to me because it gives me an indication of the reliability of the wallet as well.

[bitcoinb 1359]

41 minutes ago, Godivnik9 said:

I think the supported coins, the security and and the reputation of the wallet are the most important thing when using a new wallet. All of them are equally important except the support coins maybe

 

Again you posted a relevant comment ! Yes, many people doesn't check reputation and comment about wallets before installing it.

[Zahid12 0]

Thank you very much for sharing information about cryptocurrency wallet with us before we did not know about this topic and by sharing your information we understand everything about this

[khan188 536]

Well Explained. Thank you for the useful information. I was A little confused about how to choose a good wallet and now you clear my mind. All newbies like me should follow those instructions before putting their coins or tokens in any Wallet. 

[bentayebsalah 2280]

Your words are completely correct and these tips should be taken before choosing any wallet, by checking several advantages in the wallet

[DokAgsikap 145]

On 3/10/2020 at 12:43 PM, Kariuki said:

The only thing I look for is security the best thing to really keep me going is security and it works properly and its one of the best effort for me to keep on moving forward and we have to define the right ideas we have to really develop everything in a perspective of choice

Yes , that is the most thing that I am considering aside from the comfort of using it, it is should be and must be secured enough to hold on our money and hold to our asset without being hacked.

[scorpiali 5626]

On 1/24/2020 at 11:10 AM, Modon said:

I will see  first how coins supported . Mainly the reputation of that wallet must be needed and any new wallet need to be authorized by others.

The reputation is the most think that i considered to choose any wallet it's the most important because the user who define the good or the bad f the wallet 

[scorpiali 5626]

5 hours ago, lovecrypto19 said:

Of all reputations, it seems like many users use coinbase, blockchain, trust, and MEW wallets. The wallet that I said is a wallet that people often talk about.

Yes it's the most famous and if you see those wallet application in play store you can see how Millions use theme it's not for nothing coinbase 10M Blockchain 5M Trust wallet 1M 

[scorpiali 5626]

8 hours ago, lovecrypto19 said:

Indeed the wallet you say, all have very many users. I see that friends are more likely to use trust, because it's easy to use. And others also use it.

Yes it's right no one can blame any thing abut those wallet even the trust wallet have just come to the crypto after one year they have a big community and trusted by many user because it's supported by Binance exchange 

[aqua 773]

I remember the first time I knew crypto. I ask myself, how can I keep every satoshi that I get from the faucet? Then I try to search for more information, and I found that Electrum, Bitcoin-qt, and multi-bit is the first bitcoin wallet that I used to save my satoshi that I earn from the faucet. I don't know about the reputable of each wallet, but I only know that is the wallet that the website recommends to their visitors. So I start to download and try to use it, I think hm so it's simple to use, and I can send it to any exchanges I want without a problem. And then, I try to search the other bitcoin wallet, which later, I found about the multi-wallet that can save so many cryptocurrencies.

[Calvinpriva 17296]

Good post, we should join a wallet that has good reputation because its the most safe. We should also find a wallet that has no large costs if its a hardware wallet, and the last we should investigate about the security of that wallet.

[Lover840 0]

On 12/21/2019 at 8:09 PM, Digicoin said:

The type of wallet you want

This factor comes down to personal preference. For example, if security is your number one priority, then, hardware wallets should be in your mind. But if you want a convenient access your coins, a mobile or web wallet may be your preferred choice.

Ease of use

Sending, receiving and storing cryptocurrency can be complicated and confusing, particularly for beginners. Your wallet should suit your tech knowledge and crypto experience. While crypto novices might focus on finding a wallet that’s simple to set up and use, experienced holders might look for advanced features, like an in-wallet exchange and multisignature transactions.

 

Security features

Find out what security features the wallet includes, such as two-factor authentication and multisig functionality. Will your private key be stored online or offline? Has the wallet ever suffered security breaches?
Other features. Does your wallet include the ability to exchange among currencies in your wallet or provide easy access to live fiat exchange rates or other market information.

 

Reputation

What level of community trust does the wallet have? Check out independent online reviews to gauge how other users rate the wallet and whether they’d recommend it.

Supported cryptocurrencies.

Are you looking for a wallet that stores just one crypto, like bitcoin, or are you in the market for a multicurrency wallet? Make sure the wallet you choose is compatible with the cryptocurrencies you need to store, and remember that some coins and tokens can only be held in an official wallet.

The team behind the wallet

See what you can find about how long the company’s been in business. What qualifications do they have? Are they continually working to upgrade and improve the wallet?

Costs

While most crypto wallets are free, choosing a hardware wallet means parting with some cash. Consider the price and shipping costs when making your decision. Some wallets also charge a fee for every transaction you make.

That's a very good post my dear friend. We must chose a popular and safe wallet as coins are really precious. So you should not compromise with their security. I'm using the coinbase wallet.