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Home Wallets

Stronghold Wallet Review : SHx is Currently Issued on Both Stellar and Ethereum

Verna by Verna
August 2, 2019
in Wallets
Reading Time: 4 mins read
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About Stronghold 

The Stronghold Token was released by Stronghold Anchor Limited, a New Zealand based company providing financial services. SHx is currently issued on both Stellar and Ethereum (ERC20).

Stronghold Token (SHX) is a cryptocurrency token and operates on the Stellar platform. Stronghold Token has a current supply of 100,000,000,000 SHX with 1,032,478,474 SHX in circulation. The last known price of Stronghold Token is $0.001486 USD and is up 5.23% over the last 24 hours. It is currently trading on 4 active market(s) with $33,042 USD traded over the last 24 hours.

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SHx Tokens

Stronghold  show appreciation to early adopters, we airdropped 100,000 Stronghold SHx tokens into the wallets of Stronghold customers on December 24th, 2018 at 1:00 p.m. New Zealand time.

Stellar or Ethereum

Both! SHx is available on both Stellar and Ethereum (as an ERC20 token). We did this to enable for cross-ledger value transfers using SHx, as well as to make interacting with SHx easier for developers and traders on multiple blockchains.

Deposit and Withdrawal Fees

Stronghold may charge a fee for deposits to, and withdrawals from, your Stronghold account. Fees vary on the payment method used.

USD

  • There are no fees for deposits
  • ACH withdrawal: $3
  • Domestic US/FedWire: $35
  • International/Swift Wire: $50

Maximum Supply

100 000 000 000 (100 billion) Stellar is the ledger of record, with SHx held in Stellar escrow accounts representing non-Stellar issuances of SHx.

MyEtherWallet

MyEtherWallet is an open source web wallet and its user interface is very easy to use. It is completely secure as it is an offline wallet and it stores no personal information or data of its user in its server. Users have full control of its private keys and hence it is very secure. MEW is a hot wallet so it is recommended not to store large amounts in this wallet. However, it can be used along with Ledger Nano S and in that case it comes completely secure and can store bigger amounts of funds. MyEtherWallet can also be used to store coins on Trezor and Ledger Nano through its web browser.

MyEtherWallet

Ledger Nano S: 

Ledger Nano S is a hardware wallet that can easily be plugged into any USB port. It supports multiple coins and tokens. It has an OLED screen and a side button on the device. You can use the button to view and check all your transactions and your balance in the wallet. It is backed by a great support team and is constantly under development and will include more currencies in the future. The security features are quite strong in Ledger Nano. It is secured by passphrases, PIN codes and seed keys that makes it one of the most popular and secured wallets in the ERC20 platform

Buy Ledger Nano S Wallet

Tips for securely storing your Stronghold

  • Do your own research. Before sending any coins or private data to a wallet, make sure you have researched the wallet provider to make sure everything is above board. Keep an eye out for scam wallets, such as those using URLs only slightly different to the URLs of legitimate wallet providers, and check out some independent reviews for all the pros and cons.
  • Back it up. Make use of your wallet’s back-up and restore facility so that if something ever goes wrong with your wallet, you’ll be able to recover your funds.
  • Set a strong password. Now is not the time to be lazy when creating a password; take your time to create a strong and uncrackable code.
  • Make use of all available security features. Make the most of all the security features your wallet offers, such as two-factor authentication or multi-signature transactions. It’ll offer increased protection for your funds and greater peace of mind for you.
  • Update your antivirus software. Take care to regularly update the antivirus protection and anti-malware software on any device you will be using to access your wallet.
  • Keep your private keys private. Last but not least, don’t underestimate the importance of your private keys. Store them somewhere safe and don’t share them with anyone else.
Article Disclaimer

The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .

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Verna

Verna

One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.

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