wallet for ETH -based tokens and coins

Bitcoin Questions and AnswersCategory: General questionswallet for ETH -based tokens and coins

Tom Markham asked 4 months ago

I need at least one wallet that will help me trade small coins and tokens (24h volume $2,000 to $100,000 USD)

1 Answers
Steven Hay answered 4 months ago

Hi Tom,
 
Well, when you say trade coins and tokens, do you mean on an exchange? In that case, the wallet of any exchange which features the coins and tokens you intend to trade is what you’ll use. When you’re not actively trading, you should store your remaining coins and tokens in a wallet under your personal control, in other words you should not leave the coins in the keeping of the exchange.
 
As you mentioned a maximum volume of $100,000, it sounds to me like you own enough crypto to make the purchase of a hardware wallet worthwhile. I would suggest you purchase either a Trezor or Ledger hardware wallet (see our Wallet Reviews section for details), as these are the best way to safely store your coins and tokens.

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