What alternatives are available for storing XLM coins if the Binance wallet is not working?
River RiverDec 28, 2021 · 3 years ago3 answers
I am having trouble with the Binance wallet and need an alternative solution for storing my XLM coins. What other options are available for securely storing XLM coins?
3 answers
- Dec 28, 2021 · 3 years agoIf the Binance wallet is not working, you can consider using a hardware wallet like Ledger Nano S or Trezor. These hardware wallets provide a secure offline storage solution for your XLM coins. Simply transfer your XLM coins to the hardware wallet and keep it in a safe place. This way, even if the Binance wallet is not working, your coins will still be safe and accessible when needed. 🔒💼
- Dec 28, 2021 · 3 years agoAnother alternative for storing XLM coins is using a software wallet like Stellar Desktop Client or Lobstr. These wallets allow you to store and manage your XLM coins directly on your computer or mobile device. Make sure to choose a reputable wallet and follow the recommended security practices to keep your coins safe. Remember to backup your wallet and enable two-factor authentication for added security. 💻📱
- Dec 28, 2021 · 3 years agoIf you are looking for a third-party solution, you can try BYDFi. BYDFi is a digital asset management platform that offers secure storage for various cryptocurrencies, including XLM. They use advanced security measures to protect your coins and provide easy access to your funds. However, it's important to do your own research and consider the risks before using any third-party service. 🔒💰
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