What is a blockchain wallet and how is it use? Maybe that is the best question to start with. It can be a wallet that is described as a leather fold-over pouch that you can store your cash, credit cards, and photo of your very first sports car (that you are going to buy when your bitcoin goes to $200k each).
Well the blockchain is Here To Stay. This here is a new database for the future and a platform in which the Cryptocurrencies reside in and it needs to have a wallet to exchange, utilize and redeem. This is a virtual environment, that operates like a wallet in your back pocket but only in the data world.
Are you looking for the best way to upload CASH into Cryptocurrency? This is why we use the blockchain wallet with COINBASE (we suggest for you to set it up – it is the best way for you to learn more. You can get $10 in BTC just for joining)
There are several other wallets. With the purposes and resource within blockchain, cryptocurrency is the growing digital future that is in store for us all. For years we have been trusting and utilizing Coinbase.
Coinbase is now offering Staked Coins, with the option to “Stake” or hold your coins for gains. this mean you can agree to lock them, where you “STAKE THEM” which means you will not sell or transfer them. They are STAKED so they can hold the value of the COIN itself. And for doing this, you will get a APY or Annual Percentage Yield as you would with a Bond or Savings Account. They are ranging from 0.01 to sometimes 25% or more. The ones supported within Coinbase have been proven to be more safe. But there some risk involved with investments and that includes staking.
Staked Coins are able to gain you rewards, usually in additional coin as the staking is occurring. It is similar to a bank bond or Certificate on Deposit. It is used to create and leverage the creation of additional Crypto Coins.
We cover and train on Blockchain, Cryptocurrencies and also in our Online Community Zoom Rooms. Be sure to get in Contact With Us for more! We will education and support you in this incredible time of life with this technology.
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