cryptocurrency What are the most reliable places to keep cryptocurrency in 2020?

[Irish 128]

On 4/18/2020 at 1:11 PM, Upright said:

I one thing which o know is that the long run Crypto will always have to be kept on a safe, as either the use of Crypto coins on a safe wallet, which has high security, as basically hackers still want to steal from what is ever open, that's why take wallet of higher security, like hardware wallets and so on.

I keep my funds in my online wallet and my hardware wallet, because II believe it is secure if I will  be aware on what is happening in my browsing, I just need to be vigilant.

[Brushless4500KV 4214]

On 3/22/2020 at 1:59 AM, MyThoughts said:

What are the most reliable places to keep cryptocurrency in 2020?
What are the most reliable online wallets do you know?

The most dependable place to store your cryptocurrency is always cold (offline) wallets. This rule has not changed yet whether we are in 2020 or any other year later. Online (hot) wallets are not the most reliable ones because they are susceptible to cyber attacks. If you want to store a small amount of cryptocurrency, you can use the safest online wallets like Electrum and Coinbase but if your capital is more than $1000, only choose between Ledger and Trezor. I use online wallets because I want to trade daily but if I wanted to HODL any coin, I would keep it offline. So, the amount of coin you have and your type of trading can determine the best wallet for you.

[SuperCrypto 7193]

On 3/21/2020 at 11:29 PM, MyThoughts said:

What are the most reliable places to keep cryptocurrency in 2020?
What are the most reliable online wallets do you know?
 

Because of the huge risks associated with many Internet wallets, I think the device wallets are best for those looking for safe storage options. LEDGER NANO S is arguably the most important hardware portfolio on the market. It has a built-in screen to execute orders after they are connected to the computer. And the ability to backup / restore.

[MilaNi 603]

57 minutes ago, Brushless4500KV said:

The most dependable place to store your cryptocurrency is always cold (offline) wallets. This rule has not changed yet whether we are in 2020 or any other year later. Online (hot) wallets are not the most reliable ones because they are susceptible to cyber attacks. If you want to store a small amount of cryptocurrency, you can use the safest online wallets like Electrum and Coinbase but if your capital is more than $1000, only choose between Ledger and Trezor. I use online wallets because I want to trade daily but if I wanted to HODL any coin, I would keep it offline. So, the amount of coin you have and your type of trading can determine the best wallet for you.

Good informative unswer) completely agree with and others who prefer cold wallets for holding. Especially the Ledger. I know that lots of people prefers it the most. I am agree that online wallets are really too risky to use, because it is the red level for being hacked one day. So I would not keep there even amount nearly 1000$, only smaller and only for too short period of time. Because there are lots of hacks even with smaller amounts. I know people their online wallets had been hacked and stolen 500$ for example. May be in case it is not a very big amount for someone, so in this case there is nothing to be afraid of)))

[nykas 2812]

It doesn`t matter what year it is. The most reliable way of keeping crypto is hardware wallets like Ledger and others. They have a lot of protective mechanisms which let you not worry about your assets 

[CryptoMaxim 2372]

I use desktop wallets in most cases. I've never had any problems with them. I don't really trust online wallets. In any case, you should not grant access to third parties.

[Treat1234 0]

You just need to find those wallets that give you the passphrase or private keys, this give you an opportunity to have full access of your wallet

[Captain Karim 0]

I think that the Nano Ledger Hard Wallet is one of the best wallets, it's the Hard Wear Wallet, meaning you can keep your cryptocurrency away from the Crypto.

[NevermindNe 549]

Hardware wallets, Online wallets, and exchange wallets are already unreliable for storing cryptocurrencies, since even their protection does not help them from hackers.

[Brand1 1336]

Certainly, the safest and most reliable wallet to keep and store currencies are cold wallets that are not connected to the Internet. Among these wallets are hardware wallets and paper wallets and if you want to use wallets that are connected to the Internet then I advise you to use a blockchain wallet

[Honny143 13612]

Well friend in online so many safe and secure wallets and exchange available, which wallet you chose its depends on you but select secure wallet and don't share your information anyone, in my opinion blockchain and coinbase are safe and secure wallets to store your coins.

[Mcd0d0 5882]

Well for me, i will suggest to keep some bitcoins and also altcoins like ethereum and ripple in coinbase or in yobit exchanger because this three coins is actually profitable mate, it has a big chance that you can get a good profit here when you do some holdings or trading on yobit exchanger.

[Ayush Singh 1175]

Wallets are the most reliable places to keep Cryptocurrency but for being reliable in such wallets you need to be sure about such wallets that they are legit or not because there are lots of wallets available which are used for scams so before using be sure of it.

[IamLeader12 682]

I think that now the most reliable online wallet is the Blockchain, only it gives its users private keys to access, other wallets do not do this.

[Zues 1069]

On 4/18/2020 at 6:49 AM, pablomarwan said:

I do not know the best that you can rely on in saving your currencies, but it is better that you rely on those famous portfolios and also that you make a strong secret code that hackers cannot penetrate if it will take them a long time and it is better to diversify despite that

I think that when it comes to reliability is you are gonna use cryptocurrency wallets that can store your money for your and in order for choosing what is the best wallet then you need to do some research to know what to use. 

[Mcd0d0 5882]

On 5/6/2020 at 8:59 PM, Ayush Singh said:

Wallets are the most reliable places to keep Cryptocurrency but for being reliable in such wallets you need to be sure about such wallets that they are legit or not because there are lots of wallets available which are used for scams so before using be sure of it.

Well this is true mate and coinbase is one of them, coinbase is the one of the trusty online wallet here in the internet and there are many companies like visa which is now having a partnership from it.

[Whited35 15285]

Trust multicurrency wallet is the best and the most loved wallet for me to store multiple currencies. In the case of high amount of cryptocurrency storage, I used hardware wallet like Trezor which is offline and highly secured wallet to prevent hackers. 

[MCSGlegend 2210]

The most reliable places are hardware wallets like Trezor that can't be accessed via the Internet, or an online wallet like Blockchain.

[Zues 1069]

On 5/6/2020 at 8:52 PM, Roberto272 said:

I do not think it is possible to hack non-custodial wallet with sim swap. Because in this case hacker could get OTPs and break two factor authentication but he could not get private key. So I am confused, how it could happen. May whale wants to hide his wealth from government.

 

Yes I think that you are right because I think that people need to know about their security and the security of their money because I think that it is important for the people here in cryptocurrencies which is the priority that they need to prioritized. 

[gourav789 2834]

i think hardware wallet is stills good and trused place to keep your Crypto asset safe without any issues . for Andorid devices i always recommend to used trust wallet , blockchain , coinbase Wallet for good security .

[CryptoLover21 0]

In my mind there are two reliable place or wallet to keep cryptocurrency in 2020 that are blockchain and coinbase wallet both are popular wallet and they support bitcoin and ethereum and safest wallet to store. 

[Thekingcallme 1975]

I recommend using a trust wallet or paper wallet as it is considered one of the best wallets for storing cryptocurrencies and I have been using it for some time

[Virgil dijk 1431]

There are many online wallets which are trusted and secured, which you could use in storing your cryptocurrencies, the coin base wallet is really a good and secured one which you could use, and also the yobit wallet is highly secured and safe to store cryptocurrencies.

[Hala99 370]

For my opinion desktop wallet or a hardware wallet are the best ones but the second one will cost you some money. and if you want an online wallet, I believe trust wallet is the one.

[iloveyobit 6599]

There are a lot of different wallets in which you can store your Bitcoin, I advise you to either store in the blockchain or in the Nano Ledger because it is not connected to the Internet and its safe.

 

Edited June 15, 2020 by iloveyobit