Best place to store stablecoins

[Plavivoz]

I am planning to store a part of my wealth in stablecoins.
What is a‌ secure and independend way of storing USDC or USDT?
So far i have seen just‍ wallets where someone else knows my private keys or hardware wallets.
I am looking for⁠ a software wallet where only i have access to the private keys.

 

[WoWNull]

Well there is tons of mobile wallet and it's your wallet, any wallet generate you‌ a seed words or private key then its totally yours, and to be even more‍ secure then you can store it on hardware wallet which is the most secure way,⁠ ah not to forget the paper wallet ( not sure how to do it as⁤ i am not interesting in this, you can Google it)

 

[exprtadvisrdev]

For large amounts the best place will always be a hardware wallet like the Trezor‌ or the Legder (if you want security of course)

 

[tacokai]

blockchain.com can store it, they have lot's of security i.e. 2FA, IP lock etc to‌ protect your wallet.

Or Exodus and Ledger are also very secure.

 

[Plavivoz]

You are right but i am looking for a software alternative.

Exodus is non-custodial?

 

[exprtadvisrdev]

Then how "secure" do you want your money to be? I will suggest only‍ using mobile wallets (more secure than desktop software) where you have your keys like Trust⁠ Wallet or Coinbase Wallet (there are Trojans targeting this wallet).

But if you only want⁤ a desktop wallet then I don't see the point of not using a custodial wallet,⁣ most of the people don't know how to properly secure their desktop wallets

 

[WoWNull]

Agree

 

[Plavivoz]

I will store the software wallet on a seperated encrypted Desktop. This one⁣ is used only for "Cryptobanking".

So no risk for trojans. Brain.exe helps. I dont use⁢ this seperated Desktop for anything else than storing crypto.

I could use a hardwarewallet for︀ this too but then every thief who could enter my house would know that i︁ own crypto.
Nobody would steal an old grey heavy Desktop.

 

[otcable]

I would still push you to get a hardware wallet (that is the best option‌ next to a paper backup) . Your old laptop can and will stop working eventually‍ @Plavivoz

The stablecoins that you want to store are ERC20 tokens, meaning: ETH blockchain. You⁠ should be looking for ETH software wallets.

+ Metamask is non-custodial, generates passwords and keys⁤ on your device. Backup your address and you are good to go.
+ Exodus is a desktop wallet that will also serve you, haven't try it though.

 

[Back2Matters]

There are plenty of reliable software wallet. I like‍ Edge (only mobile) and Guarda Wallet (desktop + mobile) because they are fully open source,⁠ so nothing should be hidden inside.

Right, non-custodial.

Yes, if you leave it on the desk 😉

On Metamask (and any other software wallet) is the seed phrase to be⁢ backed up, not the address.
Exodus is desktop + mobile, great UI especially for beginners.︀

 

[Plavivoz]

Thank you for your reply.
What do you‍ think about this regarding Guarda:
bitc0intalk.org/index.php?topic=5049346.0

Guarda itself looks really promising.

 

[Back2Matters]

Interesting topic, thank you very much. So Guarda Wallet (and Changelly, ChangeNow, Atomic Wallet) is not‌ a reliable option anymore for me after reading that. Moreover I found out Guarda Wallet‍ is NOT fully open source, unfortunately I'm not able to edit the previous post⁠ in which I told it is.