Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Wallets => Topic started by: amzexpert on November 03, 2021, 02:52:45 AM
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Dear can you tell me that which wallet is best for exchanging the coins? Currently, I am using the Binance wallet because I think it is good for me because it has not had too many high fees for exchanging coins. You know that if we exchange coins like Bitcoin then they charge too high for that. I want to know that if you know about a wallet then tell me and give me the reason that why it is better.
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today there are many good wallets, but for me it is most convenient and very easy to use this wallet under the name atomic, I think this project will soon grow well in price
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Firstly, exchange is not a wallet, many people keep their fund on exchange for one reasons or another. Funds kept on exchanges eg centralized exchanges is exposed to high risks than keeping them on external cryptocurrecy wallets.
In my opinion, these wallets is best to safe keep your coins/tokens and they have no records of any security challenges. You considered using the the following wallets,
Metamask, Trustwallet, Coinbasewallet etc. There are other forms of wallet that can be used to store cryptocurrecy offline like cold wallets, but it all depend on your holding strategy.
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People use a lot of different types to work in cryptocurrency.I always use Trust Wallet to work in cryptocurrency.Binance is the name of a wallet as well as an exchange.
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As far as I know, wallet and exchange are two different things.Wallet refers to where we receive tokens.On the other hand, the exchange is where the tokens are listed.There is only one wallet which is Binance.Binance is used as both a wallet and an exchange.