But what is the blockchain ? A very quick definition is a l accounting ledger , normally with its own network, which is encrypted and cannot be altered. Therefore, many currencies have their own blockchain and this has no relationship with others. You can imagine a bus line, which has its own route, without having communication with other stations or lines. Precisely for this, wallets exist so that you can also store different currencies from other blockchains.
There are hundreds of wallets and depending on what network, or what you want to do with your cryptocurrencies, you can choose the one that best suits you or what you like. In fact, there are hundreds of them. But not all of them are the same, nor do they have the same use; In addition, there are risks that you should know before using your mobile to store your crypto money. Remember that cryptocurrencies are very volatile assets and that in most cases are not regulated.
We talk about the most used wallet in the history of cryptocurrencies so far. It is a general-purpose Blockchain wallet that uses the Ethereum network by default. You can add other networks, and you can send and receive coins. They have also recently added other exchange systems or bridges.
This wallet is a wallet that has a series of currencies that you can store, including BTC, ETH, XMR, BCH, NANO and ERC20. With it you can exchange (swap), store and also spend, since it allows you a very fast system with QR to be able to pay in establishments, in this way they achieve greater adoption. The most curious thing about this wallet is that it has scare service, and it’s pretty good. In addition, it offers you support with currencies such as XMR which is totally private and that complies with the original philosophy of cryptocurrencies.
Trust Wallet: the official cryptocurrency of Binance
You can send, receive and store Bitcoin and many other cryptocurrencies and digital assets securely with the Trust Wallet mobile app. In addition, it offers rewards for participating in blockchain games and allows you access to DApps and DeFi platforms. I feel this Wallet is one of the most important in the section of decentralized finance along with Metamask.
This is the official Coinbase wallet, one of the largest cryptocurrency holders of the market and based in the United States, so it is one of those that must pass greater government controls. It offers you a large number of coins that you can exchange and store, and currently you can also buy, sell and mint NFTs. It offers you graphics and the latest trends in the crypto market.
The two most important tips we give you to keep your cryptocurrencies safe is that store your secret words or seeds correctlythat no one sees them, and do not save them on any electronic device, and in relation to apps, simply make sure you install the official version, and not a fake. With these two tips you shouldn’t have any problems.
Depending on what coins you are going to use, or what you want to do with your coins, you can prioritize one over the rest. If you are not such an advanced user, we recommend the wallet Coinbase or Trust Walletor even the exchange of Binance as an alternative, and for ease. Now if what you are looking for is a pure wallet, these four are the best. And if you are already a more advanced user, I am sure you will use Metamask.…Read more by Helen Harrison
