When it comes to wallets capable of storing various cryptocurrencies, there are a lot of options to choose from. Most hardware wallets which support Ethereum also support ERC20 tokens such as Dentacoin. That being said, there are quite a few other options available to users as well, and they are all worth checking out. For now, there is no paper wallet option just yet, but that may change in the future.
4. Dentacoin Web Wallet
It is quite interesting to see the official Dentacoin website offering a web wallet service. Even though this is a convenient solution for a lot of Dentacoin holders, web wallets are always a security risk. Even a solution offered by the developers themselves may not be immune to hacking attempts. So far, there have been no issues with this platform, but it’s always best to do your own research first and foremost.
Coinomi has quickly become a household name in the world of cryptocurrency wallets. It supports a wide variety of currencies and ERC20 tokens. Consequently, it is only normal that Coinomi accepts Dentacoin without any major problems. It is good to have Coinomi on board, even though users will first need to “search” for Dentacoin in the wallet.
More specifically, users should click on “Ethereum”, then swipe left a few times until they see the dApps tab. Once they have arrived there, Dentacoin should be listed as one of the supported tokens. The currency can be added to one’s list by clicking on the “+” symbol at the top right-hand corner. It’s a convenient process once people get the hang of it, even though it could be simplified a bit in our opinion.
The MyEtherWallet service supports virtually all cryptocurrencies and ERC20 tokens issued on top of Ethereum, which includes Dentacoin. MyEtherWallet is a pretty convenient and secure solution. There are no modifications to be made whatsoever, as the currency is supported by default. The wallet integrated Dentacoin some time ago, and so far, overall feedback has been rather positive.
1. Ledger Nano S / Trezor
By far the superior solution for storing one’s Dentacoin balance is a Ledger Nano S or a Trezor hardware wallet. Both solutions support Ethereum and ERC20 tokens, including Dentacoin. Moreover, they can be used in conjunction with MyEtherWallet for a more convenient interface, which only enhances the overall user experience. Getting your hands on one of these hardware wallets may be a bit of a challenge, though.
What About a Desktop Client?
That is perhaps the biggest surprise when it comes to Dentacoin, as there is no real desktop client for this particular ERC20 token. Even though that is not uncommon in the world of altcoins and ERC20 tokens, there is a growing need for a bit more effort in this regard. A lot of users would appreciate a native Dentacoin wallet that does not rely on a centralized infrastructure such as the Dentacoin website. Whether or not this situation will change remains to be determined.