what are the steps involved with creating a wallet?

Firstly, have a think about how you want to access your wallet.

Are you going to be using your mobile phone? A desktop computer? Do you want to log into a website, or use hardware which stores your keys offline? Some wallets do not work across all platforms, so this is important to bear in mind.

Next, determine whether the wallet you’re planning to use supports the cryptocurrencies that you invest in – and make sure that it’s reputable and trustworthy.

Most wallet providers offer a step-by-step guide for using their app, and the process isn’t too dissimilar from setting up an email address. It’s worth creating a back-up of your password private key and storing it safely.

Source: https://cointelegraph.com/explained/crypto-wallets-explained

Next PagePrevious Page

Tags
Similar Posts

Add your comment

Your email address will not be published. Required fields are marked *