What’s a blockchain wallet? Perhaps that’s the best question to start with. A wallet is best described as that leather bound “fold-over” pouch you can store your cash, credit cards, and that photo of your first supercar (that you are going to buy when your bitcoin goes to $200k each).
The blockchain wallet is Here To Stay Forever! This is the new database of the future and the platform that Cryptocurrencies reside in and requires a wallet to help exchange, utilize and redeem things. This is a virtual environment, that simply operates like that wallet in your back pocket in the data world.
Looking for the best way you can upload CASH or FIAT into Cryptocurrency? We use the blockchain wallet with COINBASE (we suggest you set one up too! – That’s the best way to learn more. You’ll get $10 in BTC just for joining).
- From there, you’ll find several other wallets. You’ll have set purposes and resources within blockchain, cryptocurrency and the growing digital future that’s in store for us all. For years we’ve been trusting and utilizing Coinbase.
- Coinbase We’ll now be offering Staked Coins, and you’ll have the option to “Stake” or hold your coins for gains. You’ll agree to lock them, where you’ll “STAKE THEM” meaning that you won’t be selling or transferring them. They’re STAKED so they will only hold the value of the COIN itself. By doing so, you’ll get a APY or Annual Percentage Yield as you would with any Bond or Savings Account. These are ranging from 0.01 to sometimes 25{951f23d7958e4822d7d2ab48988eb3ae4214e3dc101f48f6035bcb203c9a9f1c} or even more. The ones supported within Coinbase generally have proven to be even safer. There’s always involved with investments and that includes staking.
- Staked Coins will be able to gain in rewards, usually in additional coins as the staking is occurring. This is Similar to a bank bond or a Certificate on Deposit. This is help used to create and leverage the creation of additional Crypto Coins.
We’ll cover and help train you on the Blockchain, Cryptocurrencies and More in our Online Community Zoom Rooms. Be sure to get in Contact With Us for more! We’ll help educate and support you in this incredible time of life with this exciting technology.