What is a BlockChain Wallet, you ask? Perfect place to start! We all know about the one you use for your cash and credit cards. Now, let’s discuss what a BlockChain Wallet is and how you can learn and earn.
Well the Blockchain is Here and It’s Not Going Anywhere. This is the database of the future that Cryptocurrencies reside in and requires a wallet to utilize, redeem and exchange. This is a virtual environment, that operates like that wallet in your back pocket, only in the data world.
Wondering what the best way to upload CASH or FIAT into Cryptocurrency is? We use the blockchain wallet with COINBASE and suggest you do too – its the best way to learn more.
- Once there, you’ll see several other wallets. Each one has set purposes and resources within cryptocurrency, blockchain, and the expanding digital future in store for us all. We have been trusting and utilizing Coinbase for years.
- Now offering Staked Coins, and the option to “Stake” or hold your coins for gains. You lock them, where you “STAKE THEM” which means you will not transfer or sell them. They are STAKED so they hold the value of the COIN itself. When you do this, you get an APY or Annual Percentage Yield like you would with a Bond or Savings Account. They range from 0.01 to sometimes 25% or more. The ones supported within Coinbase generally have proven to be more safe. But there is always risk involved with investments and that include staking.
- Coins that are Staked are able to gain in rewards, usually in additional coin as the staking is occurring. Furthermore, since they are similar to a bank bond or Certificate on Deposit, they are used to create and leverage the creation of additional Crypto Coins.
We educate on the Blockchain, Cryptocurrencies and More in our Online Community Zoom Rooms. Be sure to get in Contact With Us for more! We will train and support you in this incredible technology.
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