Recommended wallet for ERC20 token Recommended wallet for ERC20 tokenBy Andre Eberle – March 1, 20180Best wallet for ERC20 tokens
An ERC20 token is a token that uses the Ethereum blockchain. This means that an ERC20 token can be received and sent with an Ethereum Wallet.
Table of Contents Sending and Receiving ERC20 TokensThe best Ethereum and ERC20 WalletsHardware wallet for ERC20 tokens and ethersTrezor – Hardware Wallet for ERC20 Token and EtherLedger Nano S – Hardware Wallet for ERC20 & EtherLedger Blue – luxury class for Ether and ERC20 tokenWallet for Ether & ERC20 tokenWallet recommendation for ERC20 tokensSending and Receiving ERC20 TokensTo send and receive ERC20 tokens you need an Ethereum Wallet. To send an ERC20 token you have to pay transaction fees in Ether. This means for you, if you want to send the token, you have to store some ether on the same address where your token is stored.
The best Ethereum and ERC20 WalletsThere are different wallets for Ether and therefore also for ERC20 tokens. Here is a list of the best Ether Wallets and the advantages and disadvantages of the individual Wallets.
Hardware wallet for Bitcoin Code
Hardware wallet for ERC20 tokens and ethersA Hardware Wallet is a device you have to buy. These devices are considered very secure and even malware on your computer can’t harm your ERC20 token and ether. The Hardware Wallet offers Bitcoin Code Review 2018 » Full Scam Check – scamcontrol.net the highest possible security when the tokens and ethers are actively used. Especially for beginners such a device is worthwhile, because one does not have to work through complex instructions and also can do almost nothing wrong.
At the latest when a larger amount is invested, you should consider adding a hardware wallet. The Hardware Wallet creates a seed consisting of 12 to 24 words during the first setup. This seed then automatically generates the destination addresses invested in the Bitcoin Code scam for your currencies. Even if your hardware wallet is lost, you can restore your digital balance with the seed.
Another positive side aspect of the Hardware Wallet is that you can store not only Ether and ERC20 tokens on it, but several digital currencies.
Trezor – Hardware Wallet for ERC20 Token and EtherTrezor Hardware WalletThe Trezor Hardware Wallet* supports multiple currencies such as Bitcoin, Bitcoin Cash, Ether & ERC20 Tokens, Litecoin, Dash, Zcash and more.
The Hardware Wallet currently costs almost 90 € exclusive shipping (current price at the provider) and offers an appealing interface and many helpful functions.
Trezor* uses the service of Myetherwallet, i.e. Myetherwallet serves as interface and bridge for the digital currency Ether and the ERC20 token.
Ledger Nano S – Hardware Wallet for ERC20 & EtherLedger Nano S | Manual and Review
Like the Trezor, the ledger Nano S* supports several digital currencies, such as Bitcoin, Bitcoin Cash, Ether & ERC20 Tokens, Ripple, Stratis, Neo, Dogecoin and others. The Nano S offers more crypto currencies than the Trezor.
This Hardware Wallet currently costs approx. 94 € including shipping* (current price at the provider) and offers less functions than the Trezor. The interface is simple and contains the most important functions.
The Nano S can use Myetherwallet’s service via browser support, but you can also use the integrated Ether Wallet for Ether and ERC20 token.