Waves wallet… better or worse than something like Exodus?

Bitcoin Questions and AnswersCategory: General questionsWaves wallet… better or worse than something like Exodus?

Elenmirie Anorne asked 8 months ago

Hi there!  I’m currently using the Waves wallet because I’m mining IQCash.  I’m planning on buying some bitcoin over time from an exchange.  I have got it drilled into my head not to leave anything in exchange wallets, so I need to move the bitcoin somewhere else.  I was considering something like Exodus (PC-based wallet), but I wonder whether there is any significant difference between keeping it in the Waves wallet or something like Exodus?  Many thanks for your help.

1 Answers
Steven Hay answered 8 months ago

Hi Elenmirie,
Depending on how much Bitcoin you intend to buy, it might be worth investing in a hardware wallet. These are the best storage solution available and cost only around $100 or less. See our Wallets > Hardware Wallets section for reviews.
Otherwise, I would recommend a dedicated software wallet like Bitcoin Core or Electrum over a multiwallet. There have been numerous vulnerabilities reported with multiwallets, which is unsurprising as developer focus is necessarily divided among numerous cryptos rather than a single one.

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