Post
Topic
Board Altcoin Discussion
Re: Multiple ERC20 tokens in one ethereum wallet
by
Agozyen
on 07/11/2017, 18:01:50 UTC
This question may have been asked elsewhere but I haven't been able to find it and hopefully this is the correct place to ask. If not forgive me.

I know you can have multiple ERC20 tokens in one ethereum wallet, but is this wise to do? Should I be transferring each token to its own ethereum address? I've been trading the older cryptocurrenies (bitcoin, ether, litcoin, etc.) but I am now looking at a few tokens to purchase and have successfully participate in a couple of airdrops and I am trying to figure out the most prudent thing to do. It's obviously easier to track them holding them in one wallet. It may not make a difference either way but any thoughts would be appreciated.

As long as it's not a Parity wallet...  If you keep a backup of your Keystore and are using strong passwords you should be fine.  The problem with multiple addresses or wallets is that over time you could lose track of coins.  I have nine so far associated with me ETH address.  I've been on an Airdrop bender lately.