[QUESTION] What Wallet are you using

pennyweight

pennyweight

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Hello BHW!

What Wallet are you using?

Are you storing your Crypto in a Centralized Exchange Like Binance and CoinBase?
Are you Storing it in a Decentralized HOT Wallet? - Exodus, Meta Mask and Such?
 
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I only use CEXs if i absolutely have to, otherwise I’ll trade through P2P (BISQ). I’ve got smaller amounts in hot wallets(exodus/trustwallet/metamask) to make daily payments/transfers, but larger amounts for long term holds go into my hardware wallet, Trezor.
 
I am surprised on how many are using CEX as a store of Value. BAD idea.

Not your wallet not your Crypto.
 
pennyweight said:
Hello BHW!

What Wallet are you using?

Are you storing your Crypto in a Centralized Exchange Like Binance and CoinBase?
Are you Storing it in a Decentralized HOT Wallet? - Exodus, Meta Mask and Such?
Click to expand...
Don’t ever hold a significant amount on exchanges, if anything - history has taught us that none of them are to big too fail (looking at FTX).

Buy a good hardware wallet (trezor or ledger) and only send funds to an exchange if you’re looking to make a trade.
 
pennyweight said:
Hello BHW!

What Wallet are you using?

Are you storing your Crypto in a Centralized Exchange Like Binance and CoinBase?
Are you Storing it in a Decentralized HOT Wallet? - Exodus, Meta Mask and Such?
Click to expand...
I'm using the MEXC - which is very good ATM, better then Binance or CoinBase - less issues with transactions and confirmations.
For the Wallets - not for big amounts Trust Wallet is fine.
 
Binance for receiving payments and storing them for few weeks or months.

Metamask for investing in NFTs and etc.
 
LikeMeMore said:
I'm using the MEXC - which is very good ATM, better then Binance or CoinBase - less issues with transactions and confirmations.
For the Wallets - not for big amounts Trust Wallet is fine.
Click to expand...
MEXC is a sleeping Giant I assume we will see it raises to be one of the Top 3.
 
I use metamask for everything crypto related.
 
I'm using Binance / Ledger / Metamask !
 
cex for buy/selling large cap coins, dex for altcoins, ledger for longterm holds, trust wallet for short-medium term trades
 
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