Know that ethereum wallet compatible before sending ether to it the whole co.ntract address

Know that ethereum wallet compatible before sending ether to it the whole co.ntract address
This qution is similar to the qution of what is the be car? It depends on what characteristics you value more. Lets discuss the most common things that people look in the Ethereum wallet Security Safety Liquidity Convenience UI Ease of Use Hard wallets higher priced vs Soft wallets Free or Low Priced Security Safety Centralized vs Decentralized Centralized vs Decentralized When we discuss security of ETH wallets the main qution is whether the wallet stores your private key on their servers. Coinbase for example is not very secure because it stores all of your wallet and personal keys on their servers. If they get had you can lose your cryo funds instantly remember Coincheck ha.k . Decentralized soft wallets like Trust Walle t dont store your private keys on their servers. Your private key is stored locally on your device. In addition, Trust wallet is an open source and regularly audited by the community of security experts. Read more details about security of Trust wallet . Trust Wallet also integrates with third party decentralized applications. Right now, Trust partners with POA Networ.k , CanYa , BitClave , Kyber Networ.k , Changelly , Fintrux . Anonymous or Not Coinbase knows who you are and collects personal information about you. Why does it matter? Recently, Coinbase was ordered to give IRS data on its users trading more that $20K read here . On the other hand, MyEtherWallet and Trust btw, you can easily import your MyEtherWallet to Trust do not ask or retain any of your personal information. Liquidity and Convenience Converting coins in fiat Can you easily co.nvert you coins and tokens into fiat? Converting coins to fiat is tricky because most of decentralized wallets do not allow it. So if its important for you to easily co.nvert your coins to fiat Coinbase and Gemini might be your be options. However, if you are looking to hold ETH based tokens and most tokens are not supported by either you will have to find alternative wallets like Trust. Transferring tokens Can you easily transfer your tokens? Transferring tokens on the go is a great advantage. Trust wallet allows you to transfer tokens from your mobile device. This is why I mostly use Trust Wallet. MyEtherWallet is inco.nvenient when you dont have access to the laptop. Exchanging tokens Can you easily exchange your your takens for example ETH to CVC? Your wallet is more co.nvenient and liquid if you can easily trade and exchange your tokes. Trust wallet partners with Kyber Networ.k and allows instant and decentralized trades. Receiving ERC20/ERC223 tokes Can you easily receive different tokes for example EthereumClassic, ERC20, ERC223 tokens? If you regularly participate in ICO like I do, you know that sometimes ICOs happen at inco.nvenient times so invting in ICO on the go is critical for me. UI Ease of Use UI and ease of use is important aspect because some of the biggt human errors are due to bad design. Good UI and design prevents you from sending ETH to ICO with low gas. Its nice to see how your portfolio is doing on daily basis and how the price of the specific tokens change. Also you can monitor your transactions while they are broadcasted and coirmed by the networ.k. Bonus Allows invting in ICO on the go This is the main reason why I use Trust , it allows me to participate in ICO on the go and receive all coins back into my portfolio. Check out Trust Wallet reviews on App store and try it for yourself .