whats pw mean?
local means the one that comes with the particular coin that you install on desktop?

so basically there are no decentralized wallet that can hold most Altcoins, I need to physically dowload a separate wallet for each altcoin
for example i bought some Lisk and for the last 20 min could not download wallet from their site, the site in confusing and not user friendly

Sorry so what exactly is wallet.dat? is that the wallet that each altcoin have developed for their own coin? and you keep in of desktop?

Hey there, I have bought several Altcoins and currelty just keep them Poloneix exchange, are there a good altcoins wallet to keep them all in one place
or is it safer just to keep each one separate in the developers wallet?