What EXACTLY is a Cryptocurrency Wallet? (You MUST know this!)

What EXACTLY is a Cryptocurrency Wallet? (You MUST know this!)

what is going on True Believers and welcome back to the channel today we’re going to dive into cryptocurrency and learn about crypto wallets specifically we’ll be talking about how to use a crypto wallet so let’s get started first things first you’re going to need to download a crypto wallet onto your device I’m using the coinbase wallet on my phone but you can also use it on a computer or a tablet but you can also choose whichever wallet works for you metamask trust wallet Phantom wallet coinbase wallet whichever one doesn’t matter a special note the coinbase wallet is not part of coinbase exchange it’s a defi wallet that is connected to coinbase only for promotional means once it’s downloaded go ahead and create an account it’s as simple as entering your email and creating a password keep in mind that if you plan on using this wallet for any large transactions or holding a significant amount of money it’s always best to have two- Factor authentication enabled for added layers of security once you’ve created the wallet it will give you a seed phrase that seed phrase is going to be 12 16 or 24 word phrase that’s used to identify your wallet write this down immediately and store the paper safely never use Google keep or Microsoft note to store seed phrases as that leaves the potential for you to be hacked now that you have your account set up let’s move on to purchasing some cryptocurrency in defi you need to fund your wallet through a centralized exchange first or somebody would have to send you cryptocurrency you buy the cryptocurrency that you want on a centralized exchange and then you transfer it into your wallet and it’s as simple as that to make the transfer you copy and paste the DIY wallet address into the receiving address on your exchange or scan the QR code for that wallet when you want to trade crypto you can either use the native trading protocol that’s built into the wallet or you can attach it to a swap through a Dap uh that’s a decentralized application when swapping always remember that you are trading one crypto for another these are not monetary transactions they are just one crypto for another in a swap although the cryptos do have value they are simply transfers of one crypto for another additionally remember that once the crypto has been transferred to your coinbase wallet it is now self custody meaning nobody but you or anyone who has your seed phrase has access to your wallet in the event coinbase or any other Exchange were to fail they would not be able to hold your funds or keep your funds like what happened when the FTX investors uh were scammed by Sam bankman fre so you now own the crypto in that wallet so that’s it for today uh hope you found the information helpful and informative if you did please give this video a thumbs up and don’t forget to subscribe for more content like this one also leave a comment in the description down below thank you for watching and I’ll see you in the next one the Market’s volatile right now and you don’t don’t see me complaining about it you want to know why I’m putting most of mine into cryptominer in order to earn yield off and that’s making it easy for me because I know the bull Run’s coming and I know cryptonomicon transactions and I earned 0.12 Bitcoin I’m about to pick up another 03 Bitcoin this is a several thousand that I’ve earned in yield from cryptonomics protocol 13x remember guys I just gave you the the 411 on X verse that was one of their launches did a 4X if you’re looking to earn yield on your crypto cryptominer is the place to do it map product should be out in the next one to two months and then that’ll make it even easier for you to have fixed staking or uh the launch to help you on your journey St Financial advice I’m always [Music] right sitting on top of the world I want to be shining like Diamonds and Pearls I want you to go there with me girl

What EXACTLY is a Cryptocurrency Wallet? (You MUST know this!)

🪙Weex Trading: https://support.weex.com/en/register?vipCode=majg
🪙TerraCasino: https://terracasino.io/r/rQcQfZw1
🪙KCEX: https://www.kcex.com/register?inviteCode=VJ33GY

#crypto #ALTCOINS #wallet

🪙Fairdesk https://www.fairdesk.com/signup?vipCode=BleevesCrypto
🪙PHEMEX https://phemex.com/register?group=4984&referralCode=H4W6F3

Cryptonomy.finance Socials:
▶️ https://cryptonomy.finance/?r=26698
🪙https://twitter.com/cryptonomy_fi/status/1759204601696297228

Join this channel to get access to perks:
🪙https://www.youtube.com/channel/UCym0SVqF1Kugka5MStRfT8A/join
Grow Your Crypto and Stablecoins Securely
🪙https://t.me/cryptonomy_finance/265

Cryptonomy backs the early-stage crypto projects building the Web3 and its decentralized infrastructure.

✅ Earn up to 97% APY on Flexible Stacking
https://cryptonomy.finance/interest-account/assets/?r=26698

✅ Earn up to 170% APY on Fixed Stacking
https://cryptonomy.finance/interest-account/fixed/?r=26698

✅ Earn up to x100 with Cryptonomy Launchpool
https://cryptonomy.finance/interest-account/launchpool/?r=26698

⚡HighIQ: https://view.thrivecart.com/high-iq/
⚡Discount Code: TRUEBLEEVERS for 20% off 3 – 6 and 12 Month Subscriptions
🔥NordVPN – https://nordvpn.com/bleevescrypto

CRYPTO WALLETS
🪙 ERC-20 Wallet: 0xD507c4eEf733dfC3AB7A145b0367a867a6C45e0C
🪙 BTC Wallet: bc1qsu5c76jkw08a0eqkfkzgcfya99vle3kxe93a3u
🪙 Solana Wallet: FKQssfYgC2qrENwG2cyJyqH7hEYxFWH149zFrGx5Tuj8
🪙 Terra Luna Wallet: terra1ecl4l7yp5cqzgl0hdrlxp8lwjrr6epdv43scsc

Yes, I created Elon Muskrat ($MUSK) Token. I will support the project with no expectation from myself of profit. Sometimes I will communicate positive news about it as we come up with additional utility and/or use case.

🔥MEXC – https://www.mexc.com/en-US/register?inviteCode=mexc-1QvKZ
🔥BitGet – https://bonus.bitget.com/Bleeves
🔥Bybit – https://partner.bybit.com/b/56213
🔥OKX – https://www.okx.com/join/BLEEVES

🔥TradingView
https://www.tradingview.com/?aff_id=118612&source=Bleeves

Bleeves Intro Song is NOW available for download in MP3 format at https://bleevescrypto.com/

🪙 Shop @ https://www.atlashealthline.com/
USE CODE: Bleeves25 FOR 25% OFF

Chicago BearsCast: https://www.youtube.com/channel/UC1m0hWtdJWxXYEhVULWZeCw

🪙For Business Inquiries contact: tomnationwide@gmail.com
🪙Bleeves Crypto Store: https://bleevescrypto.myspreadshop.com

**Connect with Me**
🟪Join Me on Twitter: https://twitter.com/BleevesCrypto
🟪Join Me on Instagram: https://www.instagram.com/BleevesCrypto/
🟪Join Me on TikTok: https://www.tiktok.com/@BleevesCrypto

🔵MUSIC BY IPCUS PINECONE/DEMI DEMAREE and CAPEABLE BEATS

Anything that I say should not be considered financial advice. Nothing that I say should be construed as me being always right. These are just phrases. I will NEVER tell you what to buy.
If you like my content and you learn something from it or you’re entertained by it then Like, Share, and Comment.

🔵📷🟪🛑🟩🔴🔥⚡