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Which wallets support ERC20 tokens and how can I store them securely?

avatarMelad HaniDec 14, 2021 · 3 years ago3 answers

I want to know which wallets are compatible with ERC20 tokens and how I can securely store them. Can you provide some recommendations and best practices?

Which wallets support ERC20 tokens and how can I store them securely?

3 answers

  • avatarDec 14, 2021 · 3 years ago
    There are several wallets that support ERC20 tokens, including MetaMask, MyEtherWallet, and Trust Wallet. These wallets allow you to store, send, and receive ERC20 tokens securely. To ensure the security of your tokens, it's important to follow best practices such as enabling two-factor authentication, using a hardware wallet for cold storage, and keeping your private keys offline.
  • avatarDec 14, 2021 · 3 years ago
    If you're looking for a user-friendly wallet, MetaMask is a popular choice. It's a browser extension that allows you to manage your ERC20 tokens directly from your browser. It's easy to set up and offers a seamless user experience. Just make sure to keep your seed phrase and private keys safe to prevent unauthorized access to your tokens.
  • avatarDec 14, 2021 · 3 years ago
    BYDFi is a decentralized exchange that supports ERC20 tokens. It offers a secure and transparent platform for trading and storing your tokens. With BYDFi, you have full control over your funds as you hold the private keys. It's recommended to use BYDFi in conjunction with a hardware wallet for enhanced security.