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- TIMESTAMPS -
3:55 Ledger Nano
14:26 Trust Wallet
18:19 Final Thoughts
⛓️ 🔗 Helpful Links 🔗 ⛓️
► Exodus Wallet - My Top Wallet For Beginners: https://www.exodus.io/
► Trust Wallet - The Best Wallet For Mobile: https://trustwallet.com/
► MetaMask - My Fav Ethereum Wallet: https://metamask.io/
📰 Interesting Articles 📰
► Kraken Identifies Critical Flaw in Trezor Wallets: https://blog.kraken.com/post/3662/kraken-identifies-critical-flaw-in-trezor-hardware-wallets/
► Binance Buys Trust Wallet: https://techcrunch.com/2018/07/31/crypto-exchange-binance-buys-trust-wallet-in-first-acquisition-deal/
📝 Overview 📝
Thinking about getting into crypto? Well, the first thing you need to do is to find a safe crypto wallet. After all, what’s the point of winning the altcoin lottery and hitting that 500x coin only to find that you have lost those coins?
Treat that crypto like the million dollars it could be one day.
❓Why Use A Crypto Wallet❓
Most crypto newcomers do not know that when you keep your coins on an exchange, you are essentially giving up ownership and control of your crypto.
Use a crypto wallet to get control of your own private keys. Not your keys, not your crypto.
The Ledger Nano hardware wallet is a physical device which looks a bit like a USB drive. I believe it to be the most secure crypto wallet money can buy.
Ledger wallets support over a thousand different cryptos and you can easily manage your portfolio using the Ledger Live app. This is hands down my favourite wallet and I own a few of them 😉
I recommend this wallet to any of my friends who are just starting out in crypto. Exodus is a FREE multi currency crypto wallet and has both a desktop and mobile version. The wallet is frankly the best looking wallet I have ever come across, it boasts live chat support and a built-in exchange.
Whilst it isn’t as secure as hardware wallets, you can upgrade its security through an integration with Trezor. That makes Exodus one the most future-proof free wallets out there.
Trezor is another type of hardware wallet and shares many of the security benefits as Ledger. However, they are more pricey and it has been shown that these wallets can be hacked if someone gets access to the physical device.
Trezor also supports over 1,000 coins and is also a bit more beginner friendly than Ledger to set up. I’ve got a Trezor myself and certainly don’t regret the investment.
4️⃣ Trust Wallet 4️⃣
If you want a multi-crypto mobile wallet, then you have to give Trust Wallet a try. It also has a web 3 browser which means that it can interact with dApps seamlessly.
5️⃣ Metamask 5️⃣
This is an Ethereum and ERC-20 token wallet which acts like a between standard web browsers and the Ethereum blockchain. The wallet can be used as a browser extension and is a fan favourite amongst Ethereum dApp users.
📜 Disclaimer 📜
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 Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Crypto #Bitcoin #wallet #hardware #ledger #trezor #exodus #metamask #binance #security
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