When it comes to the future of Cryptocurrencies and using them, you will absolutely need to have a blockchain wallet. We found a great article for information on this. You can see it here.
What is a blockchain wallet? While we are going to refer you to an amazing one to have, there is an information page we are going to share with you. See it here. Though it is a Secure way to access and exchange various Crypto-Currencies. Without a Wallet you have no way in which to do so otherwise. The Wallet is utilized to all the things. Purchase, exchange, convert. When dealing in Crypto-Currencies you need a blockchain wallet to do so.
Where to Begin:
While there are several out there, we recommend having aa Coinbase Wallet. It is our main Wallet that we use. Though many of us have additional blockchain wallets that we work with.
Well the blockchain is Here To Stay. This is the new database of the future and platform that Cryptocurrencies reside in requires a wallet to exchange, utilize and redeem. This is a virtual environment, that operates like that wallet in your back pocket, only in the data world.
Ready to upload CASH or FIAT into Cryptocurrency?
We use the blockchain wallet with COINBASE to do so. Adding can be done easily. They work with many options Including Paypal to use to fund your wallet to then use for buying Crypto-Currencies.
- There are many blockchain wallets. As you get more familiar and learn more options will be made available to you. We have been using Coinbase and recommend it. Also if you want more out of this direction; see how to Contact Us below
- Coinbase is now offering Staked Coins This a great direction in the value establishment and participation in a Crypto Coin or Blockchain project. This is where you can use “Stake” or hold your coins for gains. You agree to lock them, where you “STAKE THEM” meaning you will not sell or transfer them. They are STAKED so they hold the value of the COIN itself. For doing so, you get a APY or Annual Percentage Yield as you would with a Bond or Savings Account. These are ranging from 0.01 to sometimes 25 percent or more. The ones supported within Coinbase generally have proven to be more safe. But risk is always involved with investments and that includes staking.