A cryptocurrency wallet is where you can store your cryptocurrencies. We are going to create a free, simple and secure cryptocurrency wallet.
For Ethereum and ethereum based ERC-20 tokens, Trust wallet is preferred.
For bitcoin, litecoin, zcash, doge etc Jaxx wallet is preferred.
For storing huge amounts of cryptocurrency(> 1 BTC) hardware wallets are preferred.
How to create and use these wallets ?
For Ethereum and ethereum based ERC-20 tokens, Trust wallet is preferred.
For bitcoin, litecoin, zcash, doge etc Jaxx wallet is preferred.
For storing huge amounts of cryptocurrency(> 1 BTC) hardware wallets are preferred.
How to create and use these wallets ?
1. TRUST WALLET
One of the best wallet which supports almost all cryptocurrencies is Trust Wallet. Trust wallet is owned by Binance which is the largest cryptocurrency exchange based on the trading volume.Trust wallet is running a referral campaign where you can earn TWT(Trust Wallet Tokens) by signing up and inviting your friends. As of now TWT don't have any value but I assume it will possess a great value in the future.
Follow the steps below to sign up in trust wallet:
- Click on this link(You will redirected to playstore)
- Install the trust wallet app
- Open the app and click on CREATE A NEW WALLET
- Tick the box and CONTINUE
- Save your recovery phrase anywhere or write it down with numbers and never share it to anyone and CONTINUE
- Now arrange the recovery phrase in order of their numbers and click DONE
- Your wallet has been created. Now again click on the link (it will open the app) to redeem your tokens
- Now you will get the below notification
Source:Trust wallet app |
YOU ARE DONE, NOW CLICK OK and now you can use the app for storing cryptocurrencies.
To add different cryptocurrencies to your dashboard,
Click on the ' + ' icon on the rightmost corner and search the token you want to add.
Source:Trust wallet app |
Trust wallet supports ERC-20, TRC-10, TRC-20 tokens also.
ERC-20 tokens are tokens generated by ethereum smart contracts on ethereum network. TRC tokens are generated on tron network. These tokens are obtained for free by some airdrops.
Please feel free to comment in case of any doubts😉
ERC-20 tokens are tokens generated by ethereum smart contracts on ethereum network. TRC tokens are generated on tron network. These tokens are obtained for free by some airdrops.
2. JAXX WALLET
Jaxx wallet is also available on playstore. Download it and store the recovery phrase. Add the coins which you want to deposit, if it's not present already in the menu column and start holding. Click on the coin and click 'Receive' to get your current bitcoin address.Source:Jaxx wallet app |
Please feel free to comment in case of any doubts😉
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