Wondering what a Blockchain Wallet is? Well, that’s not a bad way to start. A Blockchain Wallet is more than your average wallet that holds you cash, cards and photos of your dream sportscar (that you’ll buy when your bitcoin reaches $200K each).
Blockchain is the new database for the future and is a platform that Cryptocurrencies reside in. The platform requires a Wallet to exchange, utilize and redeem your Cryptocurrency. This is a virtual environment that operates like the old school wallet in your back pocket. Only in the date world.
Uploading CASH and FIAT into Cryptocurrency has never been easier. We use the best system for our blockchain wallet and it’s called COINBASE (We Absolutely suggest setting it up yourself with us as you will learn more. Plus, you receive $10 in BTC just for joining).
Of course there are plenty of other wallets – They all have their own purposes and resources within Blockchain Cryptocurrencies and they are literally growing the future in the digital world. There’s so much in store for all of us.
Coinbase is awesome, they are now offering Staked Coins. Also they have the option to “Stake” or hold your Coins for Gains. This is when you agree to lock them, or “Stake Them” which means you will not sell or transfer them. They are STAKED which means they hold the value of the COIN itself. By doing this you will receive a APY or Annual Percentage Yield just like if they where a Bond or a Savings Account. These are Ranging from 0.01 to sometimes as high as 25% or more. Even better the ones supported by Coinbase generally have been proven to be much more safe. But you know just like i do, risk is always involved when you invest that includes Staking. You have to risk sometimes to Grow.
You are always able to gain in rewards when you Stake Coins. Just like when you get a Bank Bond or Certificate on Deposit. Used to create and leverage the creation of additional Crypto Coins.
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