Blockchain wallets are becoming more popular and are the new storage for Cryptocurrency. Utilize this modern marvel! Check it out! First, let’s explain what a Blockchain Wallet is.
We all know what a wallet is, well, a Blockchain Wallet is a “digital wallet that is used to utilize, exchange, and redeem Cryptocurrencies”. This wallet doesn’t fit folded in you back pocket, but rather is a virtual wallet in the data world.
Blockchain Wallet is the new database and the future platform where Cryptocurrencies will resides, and allows the user the access to him or her currencies.
COINBASE is a secure online platform for buying, selling, and storing hundreds of cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin. When combined with your Blockchain Wallet, it becomes the best way to upload CASH, or FIAT into Cryptocurrency. Also, once you get set up with Coinbase, you get $10 in BTC just for joining. There are also several other wallets to get familiar with.
Staked Coins are now being offered by Coinbase. With this, you agree to lock them (Stake them), and you will not sell or transfer them. Once staked, your Coinbase holds its value. When you do this, you will receive an Annual Percentage Yield as you would on a Bond or Savings Account. With ranges from .001 to .25, you cannot go wrong. Like any other investment that relies on the Market, there is an associated risk with Staking.
Once Staking has rewarded you, that comes by the way of additional coins, use the additional Crypto Coins to create leverage and even more Crypto Coins. WIN, WIN!!