Quote from: Teraboy on August 10, 2018, 03:36:35 PM

Quote from: Crypto.RichieRich on August 10, 2018, 03:29:29 PM

Which multi cryptocurrency wallet is safe for long term holding that either stores private keys locally or gives users exclusive access to their private keys?

I am currently holding around 80 different cryptocurrencies in small amounts. I want to hold these coins for long term. Need a safe wallet where I will be able to store all my coins. As I have heard that servers where users' private keys are kept by wallets can be hacked, I want to hold my coins in a wallet which stores private keys locally or gives exclusive access of private key to the user (the one which doesn't store private key anywhere). I am not willing to spend money on hardware wallets. I am planning to store these coins on a desktop or a mobile wallet (or a wallet like metamask & myetherwallet). Planning to buy a new desktop or mobile which I will use only for the purpose of storing cryptos & will keep the device disconnected from internet until I want to sell my coins.

Here's my choices.
Digital wallet
- Coinomi
- Exodus

Hardware wallet
-Trezor

I guess those digital wallet just give you an ability to take your private key through eksport feature. i suggest you to get the more review about both of them. I hope that becomes the best choice for you.

Hi Teraboy! Thanks for answering my question

I visited official websites of Coinomi & Exodus. Coinomi's website states, "Your private keys never leave your device". I guess this means that your private keys are stored locally & nowhere else (Servers & all). Exodus' website states, "Exodus encrypts private keys and transaction data locally for your eyes only. Your data remains private". Also in the demo video, a co-founder mentions that Exodus holds your private keys and there are no hosts & servers thus this approach gives you total control. I think this also means the same.

I didn't have a look at what Trezor is offering as I don't want to spend on hardware wallets.

I am not a techie person so I don't know much about the private key export feature. Is it possible to have a copy of my private key by exporting it? How do I save it (soft copy or hard copy)? If Coinomi & Exodus store private keys locally & suppose that my device gets lost, stolen or damaged then is it possible to access my account using some other device? Kindly guide me on this.

Thanks in advance.