There are more than 100 active ERC20 based coins are in the crypto market. Mostly all of the tokens are comes from Token sales. You can find many Ethereum wallets, some people think to use exchange wallets to receive, but it is not suggested by Token owners because ERC20 Compatible wallets are more suitable than the exchange site addresses are. Ethereum wallets – ERC20 Token Compatible Wallets. Ethereum address
If you are joining airdrops or ICOs then using erc20 wallet android can be a good and secure way to receive a token. (erc20 eth wallet) wallet for erc20.
Don’t use ethereum address from Exchange sites.
Ethereum wallet best
Always use ERC20 Token Compatible Wallets to receive Tokens from Crowdsale, Airdrops, or Bounties.
If you are using Desktop wallets then Bookmark the wallet site which you are using.
Always double-check site link/URL before login.
ERC20 Token Compatible Wallets:
MyEtherWallet (also known as MEW) can use on mobile or desktop. Recommended
Mist Developed by Ethereum team, need to download the app, after downloading the app it may take more than 24 hours to update BLOCKS. Recommended
MetaMask Chrome and Firefox extension. Recommended
Parity Wallets are available for Windows, iPhone, Linux.
imToken Available for Android and iPhone.
Cipher Available for Android and iPhone.
Trust Wallet available for Android and iPhone.
You can also use Ledger and trezor hardware wallets to receive your ERC20 based tokens.
Note: This wallet is suggested to use only for Ethereum or ERC20 based Tokens.