Post
Topic
Board Service Discussion (Altcoins)
Re: Erc20 wallet
by
aencarnaci
on 18/09/2018, 04:12:52 UTC
Hello guys! Airdrops are very popular these days. With the tokens that you get, i?m just wondering where do you store them? Like, what ERC20 compatible wallets do you guys use? I?m a newbie in doing airdrops so i?m very thrilled to learn more about it.

I would go with MEW.  Its safe, simple, fast and secure.  Make sure you get the URL correct.  There are some phishing sites.  Also keep your password secure.  I have been using them for over a year now and never had a problem. 
Apparently, this would still have to do with which project is doing the airdrop and on what platform. I have seen some projects with their own mainnet offering airdrops, and you will need to download the wallet which sometimes can be pretty much tough for the newbies.

However, for ERC20 tokens, MEW is always the best option but in this case the OP need to understand that the only way you can always have access to your MEW as well as your tokens, is to have the private key and he will really want to keep that as safe as possible. Not just OP, anyone who is still thrilled about airdrops, maybe he should take his time to learn a little bit more about the cryptocurrency space.

Usually, for ERC20 tokens, you will definitely need an Ethereum wallet with which you have the private keys to receive from the airdrops. Without the private key to your account, or using a centralized ETH wallet will make you lose your funds, which is the reason why I said, you really need to learn a lot before starting anything. However, I still wonder what people see in airdrops anyway.