When it comes to the blockchain there are known advances being made especially with the utilizing of a blockchain wallet.
What is a blockchain wallet? A digital blockchain wallet allows users to store and manage their Bitcoin, Ether, and other cryptocurrencies.
The blockchain is Here To Stay. To store and exchange Cryptocurrencies, one requires a digital wallet. This wallet is a virtual wallet that operates in the data world, just like the one you carry in your back pocket.
Looking for the best way to upload CASH or FIAT into Cryptocurrency? We use the blockchain wallet with COINBASE (we suggest you set it up—it’s 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 resources within blockchain, cryptocurrency, and the growing digital future in store for us all. For years, we have trusted and utilized Coinbase.
- Coinbase now offers 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. ThCoinbase now offers Staked Coins, which allows you to “Stake” or hold your coins to earn gains. By agreeing to lock them, you ensure that you will not sell or transfer them, and they will maintain the coin’s value. In return for staking your coins, you will receive an Annual Percentage Yield, similar to a Bond or Savings Account. The APY can range from 0.01% to sometimes 25% or more. Coinbase-supported coins are safe, but investing, including staking, is risky. Staked coins hold their value.
- Staked Coins can gain rewards, usually in additional coins, as the staking occurs. Similar to a bank bond or Certificate of Deposit, they can be used to create and leverage the creation of additional cryptocurrencies.
We cover and train on Blockchain, Cryptocurrencies, and More in our Online Community Zoom Rooms. Be sure to Contact us for more! We will educate and support you in this incredible time of life with this technology.
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