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    Thread: How can someone safely store the Etherium?

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      Newbie_trader is offline
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      How can someone safely store the Etherium?

      Guys, do you think it's safe to have a paper wallet to store any cryptocurrencies like Etherium? Or it's better to secure it on the hardware wallet? Other storage options such as online and Desktop storage are not a good choice as it's vulnerable for attack and virus

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      I reckon, the most secure storage for Ethereum is the hardware wallet. Make sure your private keys are safely kept.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Mr. Cid View Post
      I reckon, the most secure storage for Ethereum is the hardware wallet. Make sure your private keys are safely kept.
      Okay, I will take note on that. Besides, my friends also advised me to store Ethereum in hardware wallet once I decide to starts mining Etherium.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Newbie_trader View Post
      Okay, I will take note on that. Besides, my friends also advised me to store Ethereum in hardware wallet once I decide to starts mining Etherium.
      :) Goodluck to you and wish you a profitable trading day ahead!

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Official

      Mist Ethereum Wallet: GUI, Official, Full Node, App, Supports ETH, Generic Token Interface, Generic Contract Interface
      Geth (go implementation): Command Line, Official
      Parity (Rust implementation - GUI + CLI)

      Hardware

      Ledger Nano S - has a chrome extension / app or MyEtherWallet.com
      Trezor - via MyEtherWallet.com

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Trader_Rob (06-03-2019)

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      Quote Originally Posted by Anita View Post
      Official

      Mist Ethereum Wallet: GUI, Official, Full Node, App, Supports ETH, Generic Token Interface, Generic Contract Interface
      Geth (go implementation): Command Line, Official
      Parity (Rust implementation - GUI + CLI)

      Hardware

      Ledger Nano S - has a chrome extension / app or MyEtherWallet.com
      Trezor - via MyEtherWallet.com
      Thanks for providing various suggestions. I personally use the Ledger Nano S wallet and I'd say it really proves its security and credibility.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Wekesa (08-08-2020)

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      dont give him the answers until he posts all the raw photos from that Wet T Shirt contest for link 1- thats some good shit right there

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Newbie_trader View Post
      Guys, do you think it's safe to have a paper wallet to store any cryptocurrencies like Etherium? Or it's better to secure it on the hardware wallet? Other storage options such as online and Desktop storage are not a good choice as it's vulnerable for attack and virus
      Not sure about space, haven´t used it in a while. MEW is safe, it's widely used by the community.... as long as is the correct https site. https://www.myetherwallet.com and ledger nano and trezor are supported.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Newbie_trader View Post
      Guys, do you think it's safe to have a paper wallet to store any cryptocurrencies like Etherium? Or it's better to secure it on the hardware wallet? Other storage options such as online and Desktop storage are not a good choice as it's vulnerable for attack and virus
      My best option is always a hardware wallet. I think that is the least risky among other storage. Just make sure to really keep it in a safe place to prevent it from being damaged.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Wekesa (08-08-2020)

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      Quote Originally Posted by Newbie_trader View Post
      Guys, do you think it's safe to have a paper wallet to store any cryptocurrencies like Etherium? Or it's better to secure it on the hardware wallet? Other storage options such as online and Desktop storage are not a good choice as it's vulnerable for attack and virus
      Paper wallet is surely secured as you keep your private keys offline. But I have been using a desktop wallet and I am satisfied with its security. Although of course, I do have a good antivirus software and a strong firewall to really protect it from malware whenever I connect to the internet.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    14. The Following 1 Users Say Thank You to Aya For This Useful Post:

      Wekesa (08-08-2020)

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