Best Crypto Wallet | Hardware Wallet | Crypto Hardware Wallet
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Links mentioned in the video:
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Welcome to our Best Crypto Wallet Video!
Coinbase:
To begin with, one must understand the difference between Coinbase and Coinbase wallet. Coinbase, or Coinbase Consumer, is a web-based crypto exchange platform. Users can buy, sell, and trade cryptocurrencies on this platform. Coinbase wallet, on the other hand, is a cryptocurrency wallet. The primary function of the Coinbase wallet is to store users’ crypto wealth securely.
Coinbase wallet is considered one of the safest cryptocurrency wallets in the world. Due to its incorporation with the Coinbase exchange platform, investors and crypto-enthusiasts feel safe storing their digital assets on this wallet. Coinbase wallet is a digital wallet, which uses hot storage for cryptocurrencies. This means the Coinbase wallet is a hot crypto wallet.
Based on the features of hot wallets in the crypto space, Coinbase wallet stores the majority of the crypto coins online. It does not use cold storage services such as hardware wallets or encrypted data devices. However, being a hot wallet, it is also prone to cyber threats and online crypto hacking.
Exodus:
Its user-friendly features, high security, and cross-platform support make it an excellent wallet for those just starting their crypto journey. Plus, it offers quick chat services should users have doubts or face any issues.
Pros Explained
Easy setup process: Getting set up with Exodus on a computer and mobile devices is easy. Start by creating one wallet, then import it across devices using the 12-word seed phrase.
Supports 291 cryptocurrencies: Exodus supports an extensive array of crypto assets, including Bitcoin and Ethereum. Users can also store custom ERC-20 tokens by sending them to Exodus's Ethereum address.
Exceptional customer service: Along with a help page, Exodus offers chat and email support services for users.
Regular update schedule: Software updates are frequent; users can expect an update after every two weeks.
Staking available: Since Exodus supports proof-of-stake blockchains, it offers a way for users to stake crypto assets directly from within the wallet.
About Trust Wallet
Trust Wallet is a cryptocurrency wallet, which enables businesses to store, buy, exchange and collect non-fungible tokens (NFTs) and cryptocurrencies. Professionals can utilize the DApp browser to access decentralized applications according to requirements.
Trust Wallet supports multiple types of cryptocurrencies and stablecoins such as Litecoin, Ethereum, Bitcoin, TRON, Zelcash, VeChain, Thunder Token, Dash, Callisto, Cosmos, Wanchain, Digitbyte, Harmony, Aeternity, Dai, Algorand, Paxos, Nebulas and more. Businesses can trade crypto assets, stake specific coins and track charts or prices for cryptocurrencies.
Trust Wallet provides mobile applications for Android and iOS devices, which help professionals track transaction history, securely store private keys and send.
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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.
I hope you found value in our Best Crypto Wallet video. Make sure to leave a like on the video if you gained value from it!
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⏰Timestamps⏰
00:00 - hardware wallet Introduction?
00:45- hardware wallet summary?
05:03 hardware wallet projects outro?
