Do you have many cryptocurrency wallet?

[Potuse]

Personally, I do not have a huge cryptocurrency wallet. I have just one crypto wallet and that is the one I use with binance. I do not believe in having so many cryptocurrency wallet.

 

[Kennysplash]

I don't see the need to have many as it might lead to confusion. I only have 3 that I make use of on a daily basis and they are enough to serve me pretty well.

 

[Heatman]

I have Trust Wallet, ONUS, Gate.io and Binance. In all of them, it's Binance that I'm using consistently because the exchange have far more better features and services that suits my involvement in cryptocurrency needs.

Coinbase is the next cryptocurrency exchange that I'm looking forward to making use of.

 

[Empire]

I have to admit that many people are becoming aware of it with the good old ways of cash I mean it's slow down then again I do not really keep up with it. Most would keep cryptocurrency in a shared hold and keep on building. But with cost of living most are going to cash

 

[Heatman]

I have to admit that many people are becoming aware of it with the good old ways of cash I mean it's slow down then again I do not really keep up with it. Most would keep cryptocurrency in a shared hold and keep on building. But with cost of living most are going to cash

There are definitely so many people out there who will always tell you that cash is king and they are not wrong when you look at it closely. They don't suffer the volatility we experience in holding cryptocurrency. They only have to deal with what inflation does to the value of money.

 

[Riberet19]

I have a few crypto wallets, both software wallets, browser wallet as metamask and also a Ledger crypto wallet, I think fund diversification is one of the best security strategies for your funds, but you should not over diversify either, I think having 4-5 crypto wallets with different seed phrases is fine.

 

[Heatman]

Seriously, having about 5 different cryptocurrency wallet is too much in my opinion. The only reason why I had four of them in Trust Wallet, ONUS, Gate.io and Binance is just to find out which one is going to best serve my cryptocurrency wallet purpose. Now, I have what I want, it's only Coinbase that I'm looking at using in conjunction with what I use now.

 

[Riberet19]

Seriously, having about 5 different cryptocurrency wallet is too much in my opinion. The only reason why I had four of them in Trust Wallet, ONUS, Gate.io and Binance is just to find out which one is going to best serve my cryptocurrency wallet purpose. Now, I have what I want, it's only Coinbase that I'm looking at using in conjunction with what I use now.

For me it is not much because I can manage them, I am a bit of a control and security maniac, that is why I try to manage my funds in different wallets, what would happen if I have everything in one wallet and hackers manage to hack it? I lose everything, I am not in a position where this could happen to me, so I choose to have several crypto wallets, nor do I consider 5 to be many as long as you can manage them.

 

[Heatman]

For me it is not much because I can manage them, I am a bit of a control and security maniac, that is why I try to manage my funds in different wallets, what would happen if I have everything in one wallet and hackers manage to hack it? I lose everything, I am not in a position where this could happen to me, so I choose to have several crypto wallets, nor do I consider 5 to be many as long as you can manage them.

Well, no one can blame you for being too careful, so that's something that I can equally understand very well. The most important thing is that you can be able to manage each and every one of them. It's just like a guy who forgot his seed phrases to one of his wallet that I know when he's lost access to his smartphone and laptop after getting robbed. He couldn't manage to get the account back and that's how he lost all his assests.

 

[Nomad]

I think it is very necessary to use multiple wallets in order to minimize your risks. I have accounts on multiple wallets but I basically use two wallets. Sometimes instead of wallets, I also use exchange to store my crypto assets.

 

[Keibah]

Binance and Trust Wallet are my main crypto wallets. When I started doing online stuff, I used to hop on many others but not anymore. Just yesterday, I wanted to log into Coinbase but it seems I've lost my seed phrase. I don't really feel bad about it.

 

[Heatman]

I don't have many cryptocurrency wallets right now. It's only Binance exchange wallet that I'm currently making use of. I have plans on using Coinbase in the future but it's not now. I have stopped using my Trust Wallet years ago.

 

[Good-Person]

I don't have many cryptocurrency wallets right now. It's only Binance exchange wallet that I'm currently making use of. I have plans on using Coinbase in the future but it's not now. I have stopped using my Trust Wallet years ago.

I have an account with Binance but I do not use it. Binance is a good exchange. However, you cannot use it until or unless you verify your account. You have to submit documents in order to get verified. Having said that, not all the wallets require you to upload documents, though.