Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: brecalynch on September 12, 2018, 07:12:28 AM
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Crypto stockpiling has never could compare to now when Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) and different digital forms of money are hoarding the features consistently. In this way, it is exceedingly imperative for cryptographic money fans, speculators, traders, and clients alike to figure out how to store their advanced monetary forms utilizing an own wallet.
@cryptoblockwire.com/how-to-store-your-cryptocurrency/
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Coins are not stored in the wallet but on the blockchain.
Instead the wallet has two keys, namely: Private Key and Public Key. Private Key shows your ownership of the Public Key (the code that is linked to a number of specific currencies on the blockchain) to access your funds on the blockchain.
Simply use Private Key for access to the wallet.
The Public Key / Wallet Address, allows users to send a number of coins to other uses. Private Key is your password and login ID. By entering a Private Key, you can directly access your wallet. You must keep your Private Key safe because with Private Key, anyone can access your Cryptocurrency.
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storing cryptocurrency must be in the wallet, but remember that even though there is an address that doesn't mean it's a wallet, for example an exchanger, there's a coin address that we want to keep, but remember it's not a wallet, and when an exchanger is stolen by a hacker, all your coins will also be lost.
and the example wallet here is, coinbase, blockchain, dogechain and many more.
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I think that coinomi is a good way to keep you money safe .It is a multicurrency wallet on Android, very useful and convenient.