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lundi 21 septembre 2020

No wallet stores all coins - what's the best strategy to store all your crypto assets?

My wallet, which I set up when I bought BTC and XMR, can store around 2 dozen different coins.

I purchased now several coins and tokens and some of them are small cap and exotic. So I actually do not want to install and run a wallet for each coin. It gets confusing, it uses much disk space eventually, and I see it also as a security risk to operate with many wallets. So I wanted to ask you how you guys handle this. Is there no alternative to have many wallets if you have many coins?

There are some wallets such as Trust Wallet which can store +160k coins but still the exotic ones are not part of it.

In case there is no alternative to have multiple wallets, I had one idea to keep still the overview on them. I thought to install the wallets on a specific device (i.e. a tablet) where I do not do much more than keeping/handling these wallets. Kind of similar to a ledger. Does this make sense?

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