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RE: 📢 Any Crypto to Steem Via Shapeshift 💰
Super!
I'm looking into offline wallets, do not have one yet.
What wallets are you use? And which would you recommend?
Super!
I'm looking into offline wallets, do not have one yet.
What wallets are you use? And which would you recommend?
I like the core wallets "Dash Wallet" and "Bitcoin Wallet" (bitcoind) which I used to use for mining, easy to dump private keys for cold storage. These solutions take a lot of disk space - not fast for recovery.
Once you have your keys - Electrum is great for access to a wallet via "import private keys". (bitcoin)
I don't have a PC solution with server based blockchain access for Eth or Dash, but keeping an Android phone at-home-only with Coinomi gives you every type of crypto in one wallet - and YOU hold your seed phrase (like a private key). Shapeshift is also built right in on Coinomi. With a strong password, you can take the phone out with you too. Even then, I don't feel comfortable with $100,000 in my pocket - psychological I guess.
Didn't know Coinomi.
Good idea to have a dedicated phone for the wallet; Have some Android devices at home; Will check Coinomi and select one of the Androids.
Thanks man! Super info!
First set up - it will ask you to write down and store (plus re-enter) a group of words which is your seed. You can even test your seed on another phone and all your balances will be there as soon as you enter it. Very handy! (may not be the best in a hard fork - private keys are best for that)
How do you backup? Or you keep the phone always on power?
The seed phrase is your backup. You need not even keep Coinomi on your phone. You could copy the seed, select the alt-coins you want it to keep, then copy the "Receive" addresses for all of them. Done. Uninstall and it's called "cold storage"
When you want to spend your coins, just install the coinomi.apk (application) and enter the seed phrase.
That is really good info. I am going to give this a whirl!
WOW HOW COOL. Wanted to go to bed early, but I really learned something tonight! Thanks a gazillion for that!
A shame Steem is not supported yet :( But I guess, this needs to be online for Steemit to work.