An all about crypto story nr.3 Wallets & Exchanges ( WTF – so many make me crazy)

in #bitcoin5 years ago (edited)

Yesterday I talked about emotions at trading.

In case of wallets and exchanges it’s very similar.

If you like futuristic design and don’t care about security, then you have lost money already.

What now?
Same questions as everytime.

• Why do I need it?
• Research done?
• Talked to communitiy?

After many wallets on my mobile and desktop I got a bad suprise.

HOW SHOULD I HANDLE THAT ALL?

So, I asked myself the questions and created a plan:
I need …
… a secure desktop wallet for most cryptos (safe)
… a secure mobile wallet for fast money transfers (pocket)
… a secure exchange with low fees (bank)

Actually it’s not possible to find a „SAFE BANK POCKET WALLET“. Arrrgggh

Really? Yes, really. About one year ago I was faszinated by the ICO of CRYPTASSIST. I invested, because I thought, this quys will solve all my problems. However I got some CTAT tokens on ERC20 and nothing more. BAD.
Hopefully they really go on exchange with the token next week, but it won’t solve my issue.
I will give an update in the next blogs.

So I create my best „SAFE BANK POCKET WALLET“ by myself.

HOW?
I decided to check my daily activities and what I want to trade or buy in future.
Following output:
Exchange: BITCOIN <-> FIAT
Receiving Cloud Mining: ETH/DASH/BCH
Storing: XRP, XLM, TRON, BAT, and some small balances of ERC20 Token

RESULT:

Online EXCHANGE: COINBASE - https://www.coinbase.com

Desktop WALLET: EXODUS - https://www.exodus.io

Tron WALLET: Tronlink – (Chrome PlugIn) https://github.com/TronLink/TronLink

Optional Exchange: Binance - https://www.binance.com

In the next blog I will describe the reasons why I have choosen them and especially how it works every day.

Greets
TomSeko

Thanks to sunnydecree and cryptozombie for their great work during bear market and the motivation to suppport the cryptoversum.
sunnydecree https://www.youtube.com/user/d3cr33
Crypto Zombie https://www.youtube.com/channel/UCiUnrCUGCJTCC7KjuW493Ww

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