### Concept of Balancing Staking and Trading Based on Market Trends

 ### Concept of Balancing Staking and Trading Based on Market Trends

Balancing between staking and trading depending on market trends is a strategic approach to maximizing profits and minimizing risks in a volatile cryptocurrency market. Here is a concept that can be used for this purpose:

#### Trend Analysis:

- **Identifying the Trend**: Use technical analysis to identify market trends. This can include indicators such as moving averages, relative strength index (RSI), MACD, etc.

  - **Uptrend (Bull Market)**: When the market shows consistent growth, allocate more assets to staking to earn stable passive income.

  - **Downtrend (Bear Market)**: During market declines, active trading can help preserve capital or even generate profit through short selling or other strategies.

#### Asset Allocation:

- **Bull Market**: 

  - Increase the proportion of assets in staking to earn rewards for holding coins.

  - Allocate a smaller portion of assets for trading to take advantage of short-term speculation opportunities.

- **Bear Market**:

  - Decrease the proportion of assets in staking to avoid losses from falling prices.

  - Increase the portion of assets for trading, using strategies that profit from market declines (e.g., short selling).

#### Risk Management Strategy:

- **Diversification**: Avoid putting all assets into one cryptocurrency or strategy. Spread risks between staking, trading, and various cryptocurrencies.

- **Stop-Loss Limits**: Set stop-loss limits for trading to cap losses in case of unfavorable market conditions.

- **Reserve Fund**: Keep a portion of capital in reserve for unexpected market changes.

#### Monitoring and Adaptation:

- **Continuous Analysis**: Regularly analyze the market and adjust the balance between staking and trading based on changes in trends.

- **Flexibility**: Be prepared to quickly adapt your strategy in response to sudden market shifts.

### Example of Using the Concept

1. **Bull Market**:

   - **70% of assets** in staking to earn stable passive income.

   - **30% of assets** for trading to capture short-term gains.

2. **Bear Market**:

   - **30% of assets** in staking to minimize losses.

   - **70% of assets** for trading, using short selling or futures trading strategies.

### Conclusion

Balancing staking and trading based on market trends helps optimize your cryptocurrency investment strategy. This concept involves a flexible approach to asset management, allowing you to benefit from both stable passive income and active trading in various market conditions.

### Hashtags

1. #CryptoStrategy

2. #Cryptocurrency

3. #Staking

4. #Trading

5. #CryptoInvesting

6. #MarketTrends

7. #TechnicalAnalysis

8. #RiskManagement

9. #PassiveIncome

10. #ActiveTrading

11. #CryptoMarket

12. #InvestmentStrategy

13. #BullMarket

14. #BearMarket

15. #Diversification

16. #StopLoss

17. #CryptoAssets

18. #FinancialPlanning

19. #TradingStrategy

20. #CryptoTips

21. #Blockchain

22. #CryptoAdvice

23. #MarketAnalysis

 

How many bitcoins does Satoshi have? BTC Creator Wallet Address

By Live 

binance.com

4 min

View Original

The story of Bitcoin creator Satoshi Nakamoto is one of the most fascinating mysteries of recent decades . Despite the fact that Satoshi invented a technology that had a great impact on the world and mined billions of dollars of Bitcoin, he remains completely anonymous and does not touch his wealth.

* Satoshi Nakamoto is the pseudonym of the person or group of people who developed the bitcoin cryptocurrency protocol and created the first version of the software

The reason why we can say that Satoshi did not spend his bitcoins is that researchers were able to identify addresses that most likely belonged to him.

In this article we will look at the most interesting facts about Satoshi Nakamoto’s wallets and addresses.

Satoshi Nakamoto wallets:

Satoshi used a huge number of addresses; some estimates suggest he may have had over 20,000 different addresses. He used a separate address to receive each block reward, and since he was the most famous miner in the early days of Bitcoin, he received a large number of block rewards.

Most of Satoshi Nakamoto's Bitcoin wallets are not particularly interesting, except for the fact that they belong to the creator of Bitcoin. Most of them simply received the 50 BTC per block reward and remained inactive.

However, there are several Satoshi Nakamoto wallet addresses that have interesting stories.

Address "Hal Finney"

One of the more interesting addresses controlled by Satoshi is the address he used to send 10 BTC to Hal Finney. This was the first Bitcoin transaction between two users, as all previous transactions were simply miners (mostly Satoshi) receiving block rewards from the Bitcoin protocol.

This address currently holds 18.43 BTC, which at the current price is around $482,000. The balance of this address is slowly growing over time as it receives BTC transactions from time to time, most likely from people paying tribute to Satoshi for his revolutionary invention .

The last time this address sent an outgoing transaction was January 12, 2009, just three days after Bitcoin launched.

Bitcoin creation address

The most famous of Satoshi's addresses is the Bitcoin creation address. This is the address that mined the first block in the Bitcoin blockchain. Satoshi Nakamoto's wallet balance is 72.6 BTC, which at current prices is approximately $2 million. Similar to the address discussed earlier, the Bitcoin creation address receives BTC as tribute from users from time to time.

An interesting fact about the Bitcoin creation address is that the 50 BTC received as a reward for mining the genesis block cannot be spent. According to the explanation provided by Charles Hoskinson, these BTC cannot be spent because Satoshi did not add the coinbase genesis block transaction to the global transaction database that Bitcoin nodes use. Hoskinson added that he is not sure whether this was an intentional move by Satoshi or just a mistake.

However, the remaining BTC on addresses controlled by Satoshi Nakamoto can be spent as usual. So far, Satoshi has not spent his Bitcoins, which is why many people are speculating that he may be dead.

Because Satoshi wanted to remain in the shadows, it is impossible to confirm with 100% certainty that the addresses that likely belong to Satoshi Nakamoto actually belong to him. However, blockchain researchers have put a lot of effort and time into figuring out the addresses most likely belonging to Satoshi.

For example, researcher Sergio Damian Lerner estimated that Satoshi Nakamoto mined about 1.1 million BTC. Lerner came to this estimate by identifying a pattern in the way Bitcoin blocks were mined during the period when Satoshi was active. This "Patoshi" pattern allowed him to distinguish with great confidence blocks likely mined by Satoshi from blocks likely mined by others.

BitMEX Research said in 2018 that an estimate in the range of 600,000 to 700,000 BTC is more likely than Lerner's estimate of 1.1 million BTC. Even if we use BitMEX Research's more conservative estimate of 600,000 BTC, Satoshi still owns $15.7 billion worth of Bitcoin.

There are probably many experienced traders in the cryptocurrency market tracking addresses that likely belong to Satoshi Nakamoto. If Satoshi were to suddenly activate one or more of his dormant wallets, it would likely be a huge event in the cryptocurrency market.

There have already been cases where Satoshi-era bitcoins began to move, but these transactions did not originate from addresses that are believed to belong to Satoshi.

Bottom line - Satoshi Nakamoto has thousands of Bitcoin addresses

Regardless of which estimate we use, it is clear that Satoshi Nakamoto has thousands of different Bitcoin addresses.

Most of his wallets are not very prominent, as they were simply used to obtain block rewards and remained inactive. However, if we ever see transactions from wallets that are believed to belong to Satoshi, we may see some distinctive pattern that will help us verify their authenticity.

*Navigating Cryptocurrency Wallets: A Comprehensive Guide*

 

Wallets for cryptocurrencies TOP-73: a complete list [2024], the best and most reliable crypto wallets

By✍ Serhii Kosenkov 

biznescat.com

View Original

There are several types of cryptocurrency wallets. The main thing is to choose a reliable and safe one. You can use the installation of special software on a computer, phone, create an online crypto wallet on the website.

Any cryptoexchanges will provide the user with a wallet for storing cryptocurrencies after registering an account. There are hardware devices and paper wallets for generating a private key and address, these methods are classified as cold storage.

It is important to understand that cryptocurrency is stored at addresses in the blockchain. And wallets are needed for the convenience of managing private keys and obtaining access to addresses. According to the method of storage, they are divided into cold (without Internet connection) and hot (with Internet connection).

The editors of BiznesCat.com in the article reviewed the list of the best hardware, desktop, online cryptocurrency wallets for storing coins: Bitcoin, Ethereum, ERC20 tokens, Ripple, Bitcoin Cash, Litecoin, Stellar Lumer, Dash, Iota, EOS, Cardano, Neo, Tron, Monero, Vechain, Ethereum Classic, Tether, Qtum, OmiseGo, Binance Coin, as well as multi-cryptocurrency wallets.

Which crypto wallet to choose? It depends on many conditions. The most important thing is security, the ability to save a private key or seed phrase. If you need to store a large amount, it is better to buy a hardware wallet. Those who trade on the exchange can store cryptocurrency on it to avoid paying transfer fees and make transactions quickly. It is more convenient to store ERC-20 standard tokens on the crypto exchange instead of downloading a separate wallet for each type.

Desktop crypto wallets are suitable for everyday use, payment and receiving transfers. Online services are good for those who are just starting to understand cryptocurrency, but storing large amounts in them is not recommended. You can create and try to work with all the proposed options, combining both hot and cold methods.

We remind you that you can buy or exchange cryptocurrency on cryptocurrency exchanges or in exchangers, p2p exchanges.

What are the cryptocurrency wallets?

There are several types of crypto wallets, each of which has different ways of storing keys and providing access to them. The three main categories are software (which in turn are divided into online, desktop and mobile), hardware and paper.

Let's consider all these types in more detail.

1. Desktop (local) wallets are downloaded and installed on a personal computer/laptop. You can only log in to your account from the same device on which they are installed. This provides a certain level of security, but at the same time, it is dangerous in a situation where the computer is infected with a Trojan or a virus.
2. Web wallets (online) work in the cloud and can be accessed through a browser from any device. This is convenient, but private keys are usually stored not with you, but with a third party - a service provider, which exposes them to the risk of attacks by attackers.
3. Mobile cryptocurrency wallets are applications for mobile platforms. They are convenient in that you can perform an emergency operation anywhere at any time. But they have minimal functionality, and are also the least well protected.
4. Hardware crypto wallets store user keys on an external device similar to a flash drive - this is their main difference from software ones. With such devices, you can store cryptocurrency offline, connecting to the Internet only when you need to make a transaction. If you lost your wallet, the person who found it will not be able to use it, as access is protected using a PIN code.
5. Paper wallets for cryptocurrencies guarantee a high level of security and are also quite easy to use. This definition can refer to two concepts: a simple physical copy of the printed public and private keys, as well as the software used to create a pair of keys that are then printed.

Matbi Online Crypto Wallet and Exchanger

The Matbi crypto wallet allows you to store Bitcoin, Litecoin, Dash, Dash. Works since 2014. The online service allows you to buy or sell cryptocurrency. Available payment systems: Qiwi, Yandex, Oschadbank, Alfa-Bank, VTB, Promsvyazbank, Visa/Mastercard and others. In most cases, there is no commission when topping up an account with Fiat. Details in the "Tariffs" section.

To register a wallet, you need to enter a phone number and a password. The official website is matbea.com.

Hardware cryptocurrency wallets

Hardware wallets are considered the most secure for storing cryptocurrencies. Private keys are generated locally and are not transmitted anywhere. Special secure chips are used to protect against hacking and viruses, transactions are confirmed by entering a PIN code, and a mnemonic (seed) is generated to restore access. Well-known manufacturers of hardware wallets are Ledger, Trezor, KeepKey, Cool Wallet, Digital Box. We recommend purchasing any of them, as they provide maximum protection for cryptocurrency assets.

• The most popular device is the Ledger Nano S. The price at the time of writing the review is 59 euros. Delivery is carried out from France within 2 weeks. Visa / Mastercard, Qiwi, PayPal plastic bank cards are accepted for payment; cryptocurrency Bitcoin and Bitcoin Cash. Warranty - 2 years. Official website to order wallet: www.ledger.com.

On January 7, 2019, the company presented a new hardware wallet ledger Nano X. Its price is slightly higher — 119 Euros.

• Another well-known manufacturer is Trezor (website trezor.io). Produces two types of crypto wallets - One and Model T. Delivery time from the Czech Republic is 1-2 weeks. You can buy the device using a bank card or bitcoin. The wallet supports cold storage of 600+ cryptocurrencies.

Local (desktop) wallets for cryptocurrencies

Local wallets are one of the reliable ways to store cryptocurrencies. At the same time, the owner has full control over his crypto-coins, as private keys are generated and stored locally on the device without access to this information by third parties.

You can download a local wallet only from the official website of the developer, so as not to end up on fraudulent phishing sites. Before downloading, you need to choose the version for your operating system (Windows, OS X, Linux) or Mobile application.

There are two types of software wallets for local use:

1. Thick (heavy) — after installation and start-up, download the network blockchain. They take up a lot of space on the computer and require a long time. These include Bitcoin Core, Ethereum Wallet and other official cryptocurrency wallets.
2. Thin (Lightweight) - Fast online synchronization occurs with servers without downloading the blockchain chain. These include Exodus, Electrum, Jaxx and others.

The best local wallet for Exodus cryptocurrencies

Exodus is a multi-currency local wallet for PC. You can store most popular cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash and Gold, EOS, Ethereum Classic, Litecoin and others.

Supported tokens of the ER20 standard: Binance, Qtum, Revaine, Tron, Vechain, Tent, Storm, Cyber ​​and many others. You can add them as follows: "Setting" — "Assets" or "Wallet" — "Add more". You can download the wallet on the official website — exodus.io/releases.

The wallet has the ability to exchange cryptocurrencies through the "Exchange" section. For this, the ShapeShift service is used.

Private keys are created, stored locally on the computer and are not shared with third parties. To see and export the private key, you need to open the developer panel. This can be done in two ways:

• Press Shift + CTRL + D simultaneously.
• Go to the "Help" section and at the very end from the list of questions select "How do I open the Developer menu" and press the button.

The top menu will open with all possible advanced wallet settings. To export keys, you need to go to "Exodus" — "Developer" — "Assets", select cryptocurrency, click "Export Private Keys" and confirm the "I'm sure" action. The user will see the path to the csv file. It contains data in the following format "ADDRESS, PATH, BALANCE, PRIVKEY". After saving, you need to delete the file.

After replenishing the balance through "Backup" there is an opportunity to set a password, e-mail, and get a 12-word seed phrase. It is better to do the translation with a small amount to activate these security options. To further restore access to the wallet, you need to go to the developer menu, select "Exodus" — "Developer" — "Restore" and decide on a method. "Restore from 12-world phrase" - restoration by Seed-phrase; "Restore from recovery link" - using a password, email and a link in the letter.

To receive or transfer cryptocurrency, you need to go to "Wallet", select a cryptocurrency and click "Receive". A public address will appear on the screen in the form of a QR code and an alphanumeric set of characters. "Send" - transfer of cryptocurrencies to another address. The status of each cryptocurrency can be tracked at the link: www.exodus.io/status.

Advantages of the wallet:

• Attractive design, portfolio, change of design themes.
• Full control over private keys.
• Ability to store most popular cryptocurrencies and ERC 20 tokens.
• Backup and restore using seed or email + password + link.
• No top-up fee. A network fee is charged for the transfer to the nearest block. The service does not charge additional fees.

Disadvantages:

• No two-factor authentication.
• Closed source, although some components are open source.

Multigamanets for cryptocurrencies Jaxx

Jaxx is a free crypto wallet that supports a large number of virtual coins and platforms. Available mobile version and local for PC, extension for Chrome. The private key is generated on the side of the user, who has complete control over it.

You need to go to the jaxx.io website and download the latest version to the device, selecting "Create New Wallet" during the installation process. - create a new wallet. If there is a recovery file, you must specify "Pair/Restore Wallet".

Then select "Express Setup" and check the box next to the desired cryptocurrency. The list can be changed later.

This will open the main Jaxx wallet window. At the very top is the area for switching between cryptocurrencies. The area of ​​operations consists of the tabs "Receive", "Send" (transfer), "Exchange" (cryptocurrency exchange).

In the upper right corner, the three horizontal bars are the settings section. To set a password, select "Menu"; — "Setting" — "Setup Security Pin" and enter a four-digit number. Every time you enter the wallet, you need to enter it.

In the "Wallet" section you can add or remove cryptocurrency.

For backup, you need to go to "Tools" - "Backup Wallet", check the box about your consent and click "Continue". A seed phrase of 12 words in English will appear in a new window. It is necessary to write it down and keep it in a safe place. To complete the procedure, just click "Continue" and repeat the seed, entering it into the form. The copy and paste function does not work, all words are typed manually.

If everything is correct, the message "Success" will appear. After that, you need to click "Finish" to complete. Seed can always be viewed in the "Menu" section; — "Tools" — "View backup phrase".

To view private keys and export them, you need to go to the "Menu" — "Display Private Key" — "I understand" and choose a cryptocurrency.

Each public address corresponds to its Private key. It is necessary to click "Export", "Copy all" and keep the information in a safe place. You can write it on a flash drive or print it out. This is the cold storage of cryptocurrency.

To import private keys in Jaxx, it is enough to select "Menu"; — "Transfer Paper wallet", specify the cryptocurrency and enter the key.

Advantages:

• Control of private keys, their export and import.
• A large number of cryptocurrencies to store in the wallet.
• Support for most popular platforms.
• Attractive interface.
• Privacy of personal data, you do not need to provide information about yourself to use the wallet.
• Recovery using a seed phrase.
• Synchronization on all devices.
• Absence of commission for receiving, for transfer - commission of the network.
• Built-in sharing via ShapeShift.

Disadvantages:

• Closed source code.
• There is no possibility to set a complex password, only 4 digits are available.

A reliable Electrum cryptocurrency wallet

Electrum Wallet Bitcoin is one of the most popular wallets for Bitcoin cryptocurrency. Wallet has an open source code, as a result of which versions also appeared for forks: Litecoin, Bitcoin Cash, Dash. Has the ability to make mass payments and use autonomous, cold storage. There are two levels of encryption. In the settings, you can choose to display the interface in an understandable language.

Electrum is classified as a lightweight wallet. There is no need to download the blockchain of the network, and the installation itself will take a few minutes. Private keys are created and stored locally, without access to them by third parties and are not transferred anywhere.

To download it, you need to go to the official site electrum.org and download the installation file for a specific operating system. There are separate sites for forks. For example, Electrum for Litecoin is at: electrum-ltc.org.

For Windows, you can choose the Portable version — it is easy to copy and run from a flash drive or other device.

You need to run the installation file and follow the instructions of the installation wizard. On Windows, you may see a message that the SmartScreen filter has blocked startup. To disable the filter, you will need to go to " Security Center" select" Manage applications and browser", turn off file and application verification. After installation, this option can be turned back on.

1. Specify the path to the wallet file and its name. You can not change anything, but remember where it is installed by default.
2. Choose the type of Wallet: normal, with two-factor authentication, multi-signature or import private keys.
3. Create a new ceed used to generate private keys. If the wallet needs to be restored, select "I already have a seed" and enter the Seed.
4. Record and save the seed, repeat it in a new window. This completes the installation of the Electrum cryptocurrency wallet.

For security, you should go to the "wallet" section; - "Password" and encrypt Wallet.

Initially, 20 addresses are available for receiving and 6 for changing. If you need to create an address, you need to go to "Type" - "show console" and enter the wallet.create_new_address (False) command. The new address will be highlighted in red.

To view private keys, just go to "wallet" — "private keys" - "export", copy or export keys in csv or json format, specifying a folder.

To restore access, only the seed phrase is required, but you can go to "File" and create a copy of the wallet in dat format, specifying the storage location and file name. We recommend saving it to a clean flash drive called default_wallet.dat. Then, after installing Electrum, select "File" - " Create / restore" and specify the path to the saved file or copy this file to the wallet folder: \ Users \ YourUserName \ AppData \ Roaming \ Electrum \ wallets (for Windows).

To receive cryptocurrency, it is enough to transfer it to any address.

To transfer cryptocurrency from the wallet, you need to specify the recipient, the amount, and the fee.

For mass payments, you must specify the address in a new line, and write the amount after the comma:

Online wallets for storing cryptocurrency

Online wallets are special sites and services that allow you to store, receive and transfer cryptocurrency. Cryptocurrency exchanges should be included in this category.

Online crypto wallets are suitable for beginners and those who want to understand the topic. They do not require installation or download of the blockchain network and have all the necessary functionality for receiving and transferring cryptocurrency.

When choosing, you should pay attention to reliability, reviews, ways to protect your account, hacking facts. One of the main parameters is the ability to export private keys or get a seed phrase. Not all online wallets provide this option, which means that the service will have full access to the funds in the client's wallet. If it disappears, then crypto-coins will also disappear. It is important to take this moment into account and not keep large sums in wallets without having control over it. It is better to choose wallets that generate a private key on the client side and do not share information with others. These include Guardo, Coinfy, Lumi, MyEtherWallet, etc.

Blockchain online wallet

Blockchain is an online wallet for storing cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH). Installation of the program is available for Android and iOS. Integrated exchange between cryptocurrencies from ShapeShift.

Private keys are stored on service servers. The wallet itself has an open source code, for security you can enable two-factor authentication and multi-signature. You need to be careful not to go to a phishing site, the official resource has the address: https://blockchain.com/.

To create a wallet, you need to specify an e-mail address and a strong password. Therefore, it is necessary to take care of the security of the email address: set a complex password, enable two-factor authentication and do not use "trash" services such as mail.ru.

After entering the necessary information, click "Continue". The user immediately gets into the wallet.

First of all, you need to go to the "Security Center" and connect all possible levels of protection: email verification, seed acquisition, mobile phone connection, 2FA activation. Security settings can be set by going to "Settings" - "Security".

Then go to the "Settings" section; - "general", write down your wallet ID, it is required for login. It can be obtained by email verification.

You can add a new address or import it in the "Settings" section. — "address".

Blockchain online wallet allows you to receive and transfer virtual coins. To transfer, it is enough to click "Send", specifying the recipient's address, amount, description (optional) and choosing the Regular, Priority or Customize Fee fee.

The Blockchain web wallet is easy and straightforward to use, so we recommend beginners start with it. The main thing is not to forget about the security of e-mail and account on the service.

Coinfy Wallet is a web wallet for cryptocurrency

Coinfy is an open source online wallet. The user has full access to the private keys that are generated using the seed phrase on his computer. Supports Bitcoin, Ethereum and some ERC 20 tokens: Tron, Eos, Qtum, BNB and others. Provides an opportunity to receive, send crypto-coins to another address, import private keys.

The official website of the crypto-wallet is coinfy.com.

Coinfy is a completely anonymous Wallet that does not require entering personal information and an email address.

When registering, you need to click "Add asset" and choose cryptocurrency or token. Then press "Create" to create a new wallet or "Restore/Import" to restore access using seed and password.

• At the first stage, you need to come up with a complex password.
• Then copy and save the seed.
• Repeat Sid in the same order by clicking on the buttons with the words.
• After that, the user will get into the wallet.

Guarda Online Crypto Wallet

Guardo is an anonymous online hd multiwallet for cryptocurrencies and tokens: Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Litecoin, Bitcoin Gold, Qtum, Dogecoin, Ripple, Zcash, BitShares, Decent, Callisto, ERC20 tokens. The advantage is open source and full control over Private Keys with the ability to import and export them.

All data processing and generation of public keys takes place locally in the browser on the device and is not transmitted anywhere. Encryption is carried out using the Advanced Encryption Standard algorithm. The Guardo service does not collect or store information on its servers. Therefore, you should save files for recovery in a safe place, making sure to export private keys.

Guardo allows you to send, receive and exchange virtual coins. A mobile version and a hardware crypto wallet are available.

To work with it, you need to go to the official guardian.co website and select the type of Wallet in the top menu: Web Wallet, Mobile wallets, Hardware wallets.

Consider online registration.

• Select "CreateWallet" to create a wallet or "Import/Restore" for recovery.
• Come up with a password.
• Download the recovery file. It contains all private keys and addresses. This completes the installation.

General appearance of the Guardo wallet:

In the "Backup" section you can save a backup copy of the wallet (passphrase) at any time. To restore, select "Restore" by entering the saved passphrase and password in the form.

In the "Backup" section or "PrivateKey" you can view and export the private key for each cryptocurrency.

It is possible to import a private key or seed (mnemonic) from another wallet.

Guardo is a very simple and functional Wallet with a clear interface.

Multiwallet Lumi

The Lumme HD wallet allows you to store Bitcoin, Ethereum and ERK20 tokens EOS, Tronix, Ethbits, Loop ring, Populous VeChain, ICON, OmiseGO, Binance, Status, Network. Available as an online crypto wallet and app for Android and iOS.

Private keys are created and stored in the browser, which is a big advantage. The code is closed - this is a minus.

Official website: lumiwallet.com.

Registration is completely confidential and takes no more than a minute. To do this, you need to select the type of Wallet, for example Web wallet. To create a new account, click "Sign Up" and fill out the form, specifying your email and password. An email will be sent to your inbox with the ID required to log in to your account and a link to verify your email. For import, use the "Import Wallet" tab; and a seed phrase of 12 words.

General view of Lumia wallet:

Initially available cryptocurrencies Bitcoin BTC and Ethereum ETH. To add an ERC 20 standard token, click "Pick Tokens", select a token and click "Okay, I am Done". It will have the same address as the Ethereum wallet, since they function on the same blockchain.

To receive, you need to go to the "Receive" section, select a cryptocurrency. There will be a public address. "Send" — transfer of crypto-coins.

Then go to Settings (gear icon) and configure security settings: confirm email, enable two-factor authentication and make a backup by saving a seed phrase of 12 words and repeating them. The seed is the only way to regain access to the wallet, as the public key and address are tied to it. If the Luma Service ceases to exist, it is possible to import the seed into another wallet that uses a mnemonic system.

Holy Universal Cryptocurrency

Holy Universal Cryptocurrency - Online Multi-Cryptocurrency Wallet for Pivx, Synereo, Tether, Game, Faircoin, Dogecoin, Dash, Creativecoin, 0x, Zcash, Vertcoin, Blockv, Syscoin, Augur, RibbitRewards, Peercoin, MaidSafeCoin, Omni, Litecoin, Gridcoin, Flyp , Ethereum, Eos, Decred, Attention Token, Blockcoin, Bitcoin. Among the disadvantages, it is necessary to note the closed source code; unavailability of private keys; low level of anonymity, as additional information is requested during registration.

To get a wallet, you need to go to holytransaction.com and fill out the registration form. To complete the procedure, confirm the email by following the link in the received letter.

Username and password are used for login. After entering the wallet, first of all you need to add cryptocurrency by clicking on the profile and selecting "Add coins".

MyEtherWallet Online Wallet for Ethereum and ERC 20

Myetherwallet is a popular wallet for Ethereum cryptocurrency, ERC20 tokens with open source and full access to private keys.

The official website of the crypto wallet: www.myetherwallet.com. You need to be careful not to go to a phishing site that may have a similar name but differ by one or more characters. Very often, phishing sites are in the advertising block in the Google and Yandex search engines. It is better to save the link to the real site in bookmarks.

Before logging in for the first time, you can read the security requirements.

Instructions for creating a Myetherwallet wallet:

• Come up with a strong password.
• Save the Keystore / JSON file.
• Save the private key.
• Choose a wallet login method.
• Press "unlock", a message should appear about the successful decryption of the wallet. The wallet interface will appear below.
• Use the top menu for wallet transactions.

A web wallet for storing Rahakott cryptocurrency

Rahahott is a multi-cryptocurrency wallet for Bitcoin (BTC), Dash, Litecoin (LTC), Zec, Bitcoin Cash (BACK). The service is completely confidential, for registration you do not need to enter personal information, including email. Available operations: receiving and transferring cryptocurrency.

Official website: rahakott.io.

When opening the wallet, a mnemonic phrase is generated, which is indicated at the entrance. You need to write it down and keep it in a safe place, if necessary, print it out. Without a phrase, you can lose all the coins on your account, as private keys are created and stored on the side of the Rahahott service.

You can use a password or enable two-factor authentication to protect your account.

After registration, you need to create a wallet for the desired cryptocurrency:

The wallet is very easy to use. Before starting work, we recommend that you familiarize yourself with the "Chavo" section, which specifies the minimum amounts for transfer, commissions, and the number of confirmations in the network for crediting cryptocurrency.

Bitgo crypto wallet

Bingo crypto wallet supports HD (BIN32) and multisig (P2SH) standards. Available as a web wallet. You can store cryptocurrency: Bitcoin, Litecoin, Bitcoin Cash, Bitcoin Gold. Two-factor authentication Google Authenticator is available to protect the account, the inclusion of which is a mandatory condition for operation. The official website is bitgo.com.

To register, you need to click Sing In, select an individual account (Individual account) and specify an email address, password, first and last name. Then connect 2FA, download and save BitGo Keycard.

Multicurrency wallets for cryptocurrencies

Multicurrency wallets allow you to store multiple cryptocurrencies. Their list is given below:

• Jaxx.
• Exodus
• Infinite.
• Kcash.
• Guard.
• Coinomi.
• Coinfy Wallet.
• Holy Transaction.
• UberPay.
• Religion
• CoinVault.
• CoinPayments.
• Sato Wallet.

Hardware:

• Safe.
• Ledger.

Best Bitcoin (BTC) Cryptocurrency Wallets

The largest number of wallets have been created for Bitcoin cryptocurrency. This is not surprising, as it is the first and most popular virtual coin.

Wallets for storing bitcoin are different:

• Local (desktop) for installation on a PC, phone, tablet.
• Online services.
• Cryptocurrency exchanges.
• hardware
• Paper.

All of them have different degrees of protection, purpose and functionality.

Wallets installed on a computer are divided into "heavy" or "thick", they require the download of the entire blockchain chain for their operation. This is the most secure way to store cryptocurrency. For the Bitcoin network, the blockchain size is 150 GB. To "difficult" wallets include the official Bitcoin Core cryptocurrency wallet. "Easy" ("thin") do not require a blockchain download to work, and synchronization occurs with online servers. Local wallets have the ability to import, export private keys and restore access using a seed phrase.

There is no need to install software or download blockchain to create online or web wallets. The user will only need to register on the site, write down passwords, and configure the necessary account security parameters. It is not recommended to keep large amounts for a long time. In some wallets, there is an option to extract the private key.

A cryptocurrency exchange wallet is one of the easiest options. You can buy, sell cryptocurrency and store it on the exchange site. Access to private keys is not provided.

A hardware wallet is considered the most reliable way to store cryptocurrency. It is made in the form of a flash drive and allows you to store not only bitcoins, but also other coins. The most popular manufacturing companies: Ledger and Trezor. Such devices are paid, for example, Ledger NanoS can be purchased for $79.

Paper wallets belong to cold storage. They generate a public bitcoin address, a private key in the form of a QR code and a set of numbers and letters. A private key (Private Key, Secret) is created on a personal device, third parties cannot find it. You can create such a wallet on the bitaddress.org website.

Any wallet stores a private key and a public address.

For long-term storage, it is safest to use "cold storage", in which the private key is stored without access to the Internet. To do this, you can write down the private key on a piece of paper or a flash drive and put it in a safe, secure place. To carry out transactions with cryptocurrencies, you just need to import the private key into a wallet that supports this function (Electrum, Bitcoin Core, and others). For example, a user installed an Electrum wallet, transferred bitcoins to it. The plan is to keep them for a few years and then sell them. In its functions, it exports the private key for the address where the cryptocurrency is located and stores it.

List of bitcoin wallets for Linux, Windows, Mac OC:

1. Electrum Wallet.
2. Bitcoin Core Client.
3. Bither.
4. Knots.
5. mSIGNA.
6. Exodus
7. Armory.
8. Copay Bitcoin Wallet.
9. Snow Wallet.
10. Dark Wallet BTC.
11. Jaxx.
12. CoinSpace.
13. ArcBit.
14. Morpheuswallet.

Online Bitcoin Storage Wallets:

1. Electrum.
2. moon
3. Blockchain Wallet.
4. GreenAddress.
5. Guard.
6. Bonpay.
7. Coinfy.
8. Coinapult
9. It takes.
10. Jaxx Wallet.
11. ArcBit.
12. Copay Bitcoin.
13. Bitforx.

List of mobile applications:

1. CoolWallet.
2. ArcBit.
3. Jaxx.
4. CoinSpace.
5. Copay.
6. Mycelium.
7. Simple.
8. Bread.
9. Bitlox.
10. Mobi.
11. LuckWallet.
12. Samurai.
13. Bitforx.
14. Carbon.
15. Bread Wallet.
16. Coinomi.
17. Kcash Wallet.
18. Blockchain.
19. Mycelium.
20. moon
21. Guard.
22. Airbitz Bitcoin.
23. Exodus
24. Wallet Engine.
25. Infinite.
26. GreenAddress.

Hardware cryptocurrency wallets that support BTC:

1. Safe.
2. Ledger.
3. KeepKey.
4. Digital Bitbox.
5. Bitlox.
6. CoolWallet.

Paper wallet:

• BitAddress.

Bit Address paper wallet for cold storage

BitAddress is an online service for creating a paper wallet.

A minimum number of actions is required from the user - just move the mouse on the screen to increase the degree of randomness of the result (instead, you can enter several numbers/letters of any kind in a special field).

Based on the generated code, the program creates a private and public key.

They can then be printed by clicking on the Print button or imported into another system, such as Blockchain. The printed sheet must be stored as securely as ordinary money - prevent water, theft, etc.

Crypto wallets for Ethereum (ETH)

Local wallets for Ethereum cryptocurrency:

1. Ethereum Mist.
2. Carbon.
3. Ethereum Wallet.
4. Eidoo.
5. Etherwall.
6. KeepKey Wallet.
7. XETH Ether.
8. Exodus
9. CoinSpace.
10. Morpheuswallet.
11. Jaxx.

Mobile applications:

1. ZebPay.
2. SpectroCoin.
3. CoinPayments.
4. Blockchains.my.
5. Blockchain.
6. Bitgo.
7. ANX Vault.
8. imToken.
9. Trust Wallet.
10. LuckWallet.
11. Room.
12. Kcash.
13. Infinite.
14. Guard.
15. Engine.
16. Coinomi.
17. Citowise.

Online Crypto Wallets for Ethereum:

1. FrostByte.
2. Guard.
3. Blockchain.
4. Room.
5. MetaMask.
6. Bitgo.
7. MyEtherWallet.
8. Noku Wallet.
9. MyCrypto.
10. vSlice Web.
11. vSlice Web.
12. Gatehub.
13. CoinPayments.
14. SpectroCoin.

Wallets for tokens of the ERC20 standard

List of local wallets for ERC 20 token:

1. Etherwall.
2. Eidoo.

On Android, iOC:

1. Citowise.
2. Trustwallet.
3. Guard.
4. Bitgo.
5. Kcash.
6. Infinite.
7. Snow Wallet.
8. ELTWallet.
9. Coinomi.
10. Eidoo.
11. Wallet Engine.

Web-wallets for storing the ERC 20 token:

1. Room.
2. Bitgo.
3. Guard.
4. MyEtherWallet.
5. MetaMask.
6. MyCrypto.
7. FrostByte.

Litecoin wallets

Wallets for Litecoin cryptocurrency on PC:

1. Litecoin Core Client.
2. Religion
3. Electrum-ltc.
4. Jaxx.
5. Exodus
6. Signa.
7. KeepKey.
8. Morpheuswallet.

On a mobile device:

1. Litecoin Core Client.
2. Kcash.
3. Carbon.
4. Engine.
5. Coinomi.
6. KeepKey.
7. Infinite.
8. Guard.
9. CoolWallet.

Online services:

1. CoinPayments
2. Guard.
3. CoinVault.

Hardware storage:

1. Safe
2. Ledger
3. KeepKey
4. CoolWallet

List of Ripple wallets

Local wallets for Ripple cryptocurrency:

• Toast.

Online sites:

1. Exchange exmo.me.
2. Guard.
3. Exarpy.
4. Bitgo.
5. BitPanda.
6. Gatehub.
7. Bitinka.
8. Toast.

Installation on a mobile phone or tablet Android, IOS:

1. Edge Wallet.
2. Toast.
3. ZebPay.
4. ANX Vault.
5. Bitgo.
6. Guard.
7. Toast.
8. CoolWallet.
9. Coinjar.

Hardware wallets: Ledger, Trezor, Keepkey, Cool WalletS.

List of wallets for Bitcoin Cash

Computer wallets for Bitcoin Cash cryptocurrency:

1. Exodus
2. Jaxx.
3. Electron Cash.
4. KeepKey.
5. CoinSpace.

Storage on web services:

1. Blockchain.
2. Guard.
3. BTC.com
4. Bitgo.
5. BitPanda.
6. CoinPayments.

Applications for Android, ios:

1. Kcash.
2. Jaxx.
3. ZebPay.
4. Bitlox.
5. Bitcoin Cash Freewallet.
6. Bread.
7. Coinomi.
8. Carbon Wallet.
9. Guard.
10. KeepKey.

Where to store EOS token

EOS is a token, all wallets that support the ERC 20 standard are suitable for storage.

Local wallets for EOS cryptocurrency:

1. Exodus
2. Jaxx.

Mobile application:

• Infinite.

Online sites:

1. MyEtherWallet
2. Coinfy.

Cryptocurrency exchanges:

1. Binance.
2. Bitflip.
3. Livecoin.net exchange.

Cardano Storage (ADA)

Official Cardano cryptocurrency wallet - Daedalus. Suitable for installation on devices that support Windows OS, Mac OC.

You can also use crypto exchanges: Binance, HitBTC, Cex.io to buy, sell, and store Cardano.

Crypto Wallets for Stellar (XML)

Wallets for cryptocurrency XML with installation on a computer:

1. StellarTerm.
2. Stargazer.
3. Stellar Desktop Client.
4. Ledger.

List of applications for phone, tablet:

1. Interstellar.
2. Stargazer.
3. Papaya.
4. Centaur
5. Lobstr.

List of Stellar web storage services:

1. Stronghold.
2. Stellarport.
3. StellarTerm.
4. We came.
5. Astral.
6. Interstellar.
7. Papaya.

List of wallets for the NEO token

Wallets for NEO cryptocurrency for local storage on PC:

1. NEON Wallet.
2. Morpheus.

Applications for Android and iPhone:

1. UberPay.
2. Infinite.
3. CoinPayments.
4. Morpheus.
5. NEO Tracker Wallet.

List of online sites:

1. NEO Tracker.
2. CoinPayments.

Wallets for Monero

Monero cryptocurrency wallets for Windows, Linux, Mac OC:

1. Monero GUI is the official wallet.
2. Monero Core Client.

Applications for Android, ios:

1. Monero Freewallet.
2. CoinPayments.
3. CAKE.
4. Sato.
5. Monerujo.

WEB:

1. CoinPayments.
2. Sato.
3. MyMonero.

Rating of wallets for DASH cryptocurrency

List of local Dash cryptocurrency wallets:

1. Dash Core.
2. Dash Electrum.
3. Jaxx.
4. Exodus
5. KeepKey.
6. Ledger.

For a mobile device:

1. Dash Wallet.
2. Jaxx.
3. Edge.
4. Guard.
5. Infinite.
6. Coinomi.
7. Sato Wallet.
8. Dash Freewallet.
9. CoinPayments.
10. Carbon.
11. UberPay.
12. TenX.

Online storage:

1. CoinVault.
2. BitPanda.
3. Holy Transaction.
4. Zumminer.

Paper Wallet for generating private keys:

• Dash Core Paper.

TRON (TRX) Token Wallets

You can store the Tron token in the following ways:

• Infinito is a mobile application.
• Coinfy is an online service. 
• Rating of cryptocurrency exchanges for Tron trading: Binance, HitBTC, Cex.io, Bitflip, Iobit.
• All wallets that support the storage of RC20 tokens.

Cryptocurrency Wallets For Ethereum Classic (ETC)

List of local wallets for Ethereum Classic cryptocurrency:

1. Jaxx.
2. Exodus
3. Emerald.

Android, ios mobile applications:

1. Trustwallet.
2. Coinomi.
3. CoinPayments.
4. Sato.
5. Guard.

Online sites:

1. ClassicEtherWallet.com.
2. vSlice Web.
3. Myetherwallet.com
4. Gatehub.
5. Guard.
6. CoinPayments.
7. Sato.

Wallet for Qtum

Qtum cryptocurrency wallets:

1. Qtum Core is the official local wallet.
2. Exodus
3. Jaxx.
4. How much electricity
5. Morpheuswallet.

IOS cryptocurrency wallets for Android, ios:

1. Qtum Core
2. Bitpie.
3. QBao.
4. CoinPayments.

Online:

1. Qtumwallet.org is the official web wallet for Qtum.
2. Coinfy.
3. CoinPayments.

Hardware:

• Ledger

Wallet for OmiseGO (OMG)

OmiseGo token is supported by the following wallets:

1. Ethereum Wallet.
2. Ethereum Mist.
3. Infinite.
4. Coinfyt
5. Exodus
6. ERC20 wallets.
7. MyEtherWallet.
8. Cryptocurrency exchanges: Binance.com, Hitbtc.

What is a private key, wallet address and seed

Cryptocurrency wallet address is public information that other people or Services need to send you money. It is also called a public key.

A private (private) key is, on the contrary, a completely secret code that only you should have access to, it allows you to manage funds. One of the ways to encrypt a private key is a seed phrase. It is 12 English words that are much easier to remember than a 64-digit set of letters and numbers. A seed phrase is also classified information. With its help, you can restore access to the wallet if it is lost.

The function of the private key consists not only in authentication, but also in signing transactions in order to record its belonging to a specific sender. When registering any crypto-wallet, a private key is first created. And already on its basis, public addresses are formed, of which there can be an unlimited number. Reverse decryption is impossible (it is not possible to find out the private key from the public key).

How to choose the best and reliable wallet for storing cryptocurrency

Situations in which a "hot" software-type crypto wallet is suitable:

• You don't keep large sums of money.
• It is important for you that the wallet is free.
• Privacy is not important.
• Interested in the most convenient storage option.

But here are the situations in which it is better to stop at the paper or hardware version:

• The main priority is safety. For example, if you plan to store a large amount of cryptocurrency for a long time.
• No need to make frequent transactions.
• You do not trust a third party and want to control the private key yourself.
• Privacy is important to you.
• You are willing to pay ($50-100) for the device.

Nothing prevents you from using two options at the same time, using a cold wallet for long-term investments, and a hot wallet for small, instant transactions.

In any case, there are several factors to consider when choosing a cryptocurrency wallet. Does it support secure two-factor authentication? Is there a multi-signature feature? What is the reputation of the provider? How easy is the interface to use? And so on - all that matters.

Questions and answers

What is a cryptocurrency wallet?

A cryptocurrency wallet is a private key and its corresponding public addresses. 

What are the storage methods of wallets?

Cold and hot.

What are crypto wallets for cryptocurrencies?

Software, hardware and paper.

Which wallet to choose?

It all depends on your needs. If security is a priority, then paper or hardware. If ease of use and additional functionality is software.

 How to ensure the security of key storage?

Set long and complex passwords, connect 2FA where possible. Make backups. Keep hardware and paper wallets in safe places.

Do you need a crypto wallet only to store cryptocurrency?

Many programs offer additional functions, such as managing a cryptocurrency portfolio or instantly exchanging one currency for another.

Is using a crypto wallet anonymous?

Relatively. You do not indicate your name or passport data anywhere. However, all transactions in the blockchain are open for review and theoretically, someone can compare them by amounts and directions, thereby finding out your identity.

What are hardware wallets?

The following brands are most popular: Ledger Nano, Trezor, Keepkey. Their average cost is in the range of $50-100.

Why are wallets that support ERC-20 tokens?

To store digital assets running on the Ethereum blockchain.

When transferring cryptocurrency from the wallet, you need to specify Memo, Destination Tag, Message, Payment ID. What does it mean?

This is a unique payment identifier for EOS (EOS), Ripple (XRP), Stellar Lumens (XML), NET (XEM), Monaro (VXR) cryptocurrencies. Exchanges usually require it to be specified. If not specified, the payment may not be credited.

Wallets for cryptocurrencies

Wallets for cryptocurrencies are a shell for managing private keys and gaining access to public addresses where cryptocurrencies are stored. Cryptocurrency wallets are cold and hot. They are divided into the following types: software, hardware, paper.

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📌 Serhiy Kosenkov

The author of the financial magazine "BiznesKit.som", in the past the head of a well-known SMM agency. Currently, he is a coach, Internet entrepreneur and marketer, investor. I will tell you: how to effectively manage personal finances, multiply them profitably and earn more.

You will find a lot of useful information on the website pages.