𝐖𝐡𝐢𝐜𝐡 𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐚𝐥𝐥𝐞𝐭 𝐈𝐬 𝐑𝐢𝐠𝐡𝐭 𝐅𝐨𝐫 𝐘𝐨𝐮? (𝐑𝐞𝐚𝐝 𝐓𝐨 𝐅𝐢𝐧𝐝 𝐎𝐮𝐭!)
I felt I should show you an important part
of your Crypto journey as a Beginner.
Let's start with what is a Crypto wallet?
A crypto wallet is like a box where you keep
your special coins safe on the internet.
It's just like you have a piggy bank for your
money, this is a safe place for digital coins!
There are different kinds of crypto wallets,
just like how some toys you played with
while you were small needed batteries to
play with and some don’t. Remembered?😄
Basically, there are two types;
1. 𝐇𝐨𝐭 𝐖𝐚𝐥𝐥𝐞𝐭:
It is called a hot wallet because it's always
online, like playing games on your tablet📱
You can use these wallets to connect to
any DeFi site and use your coins for
investment opportunities through
staking or yield farming.
And more…
Examples of hot wallets includes:
- Metamask Wallet
- Zerion Wallet
- Trust Wallet
- And more
Here's the second one…
2. 𝐂𝐨𝐥𝐝 𝐖𝐚𝐥𝐥𝐞𝐭:
It’s like a toy or MARIO/SEGA game we used
to play during those years when we were small that you hid in your drawer/wardrobe!😄
Cold wallet is called cold because it's safe
and not online! (It's to shield you from
online threats or against your Cryptos)
Examples of Cold Wallet include:
- Nano
- Ledger
- Safepal
- And more…
You can read more on this on my website
(Link to the article will be in the comment)
If you want to know how to use any of these
wallets, then reply with “Crypto Wallet” so
I can guide you, it's simple and easy to use.
Someone in your friend's list might like to
read this type of content, share it with them.
Note: DeFi means Decentralized Finance
Follow me @Mike Akerele to stay
up-to-date on my content and not miss out.
PS: Which one do you think you would
choose for your Crypto coins? Tell me!😃
