The invention discloses a 4, 4 '-methylenebis (3-chloro-2, 6-diethylaniline) waste storage device and a storage method thereof.The 4, 4'-methylenebis (3-chloro-2, 6-diethylaniline) waste storage device comprises a protection assembly and a storage barrel, the protection assembly is arranged on the outer side of the storage barrel in a sleeving mode, the storage barrel is used for storing waste, the protection assembly comprises a protection sleeve and a sealing cover, the sealing cover tightly covers the top of the protection sleeve, and a sealing assembly communicates with the storage barrel; the method comprises the following steps: a, collecting waste materials; b, the protection assembly is opened; c, conversion of the storage barrels; and d, closing the protection assembly. The material storage barrel is placed in the protective sleeve, the sealing cover is used for sealing the protective sleeve, the sealing cover is communicated with the material storage barrel after being tightly covered, waste is fed into the material storage barrel from the top of the sealing cover and then enters the material storage barrel, the phenomenon that the waste falls into the material storage barrel to be splashed is avoided, and therefore accidental leakage of the waste is avoided; and meanwhile, the protective sleeve plays a role in comprehensively protecting the material storage barrel, so that the safety in waste material collection and transportation is improved.