What is a blockchain wallet? Your online Community Information System. Maybe that is the best question to start with. A wallet is best described as that leather bound “fold-over” pouch you store your cash, credit cards, and you will never forget that first twenty dollars you earned, and you will remember that big purchase of a new car (that you are going to buy when your bitcoin goes to $200k each).
Looking for the best way to upload CASH or FIAT into Cryptocurrency? We use the blockchain wallet with COINBASE (we suggest you set up – its the best way to learn more. You get $10 in BTC just for joining).From there, there are several other wallets – all with set purposes and resource within blockchain, cryptocurrency and the growing digital future in store for us all.
Coinbase is now offering Staked Coins, and the option to “Stake” or hold your coins for gains. You agree to lock them, where you “STAKE THEM” meaning you will not sell or transfer them. They are STAKED so they hold the value of the COIN itself. For doing so, you get a APY or Annual Percentage Yield as you would with a Bond or Savings Account. These are ranging from 0.01 to sometimes 25 or more. The ones supported within Coinbase generally have proven to be safer. But risk is always involved with investments and that includes staking. The more you learn about it the better you will be able to leverage the creation of additional Crypto Coins, these are learning blocks.
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