Do you know what a blockchain wallet is? This wallet is not something that can be put in your back pocket or purse. It does not store the usual items such as cash, credit cards, or photos of your loved ones. Things are changing all the time and this is a new wallet to keep your cryptocurrency in!
Blockchain is a digital database that was once something in the future that is now here! Instead of having cash in your wallet, you have cryptocurrency in a virtual environment. You use your cell phone to exchange, utilize, and redeem to do your exchanges. You can still put this in your pocket with your data world. Use cryptocurrency instead of money!
Looking to turn your cash into Cryptocurrency?
Looking for the best way to upload CASH or FIAT into Cryptocurrency? We use the blockchain wallet with COINBASE (we suggest you set up – its 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 resource within blockchain, cryptocurrency and the growing digital future in store for us all.
Coinbase is now offering 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. They are STAKED so they hold the value of the COIN itself. For doing so, you get a APY or Annual Percentage Yield as you would with a Bond or Savings Account. These are ranging from 0.01 to sometimes 25% or more. The ones supported within Coinbase generally have proven to be more safe. But risk is always involved with investments and that includes staking.
Staked Coins are able to gain in rewards, usually in additional coin as the staking is occurring. Similar to a bank bond or Certificate on Deposit. Used to create and leverage the creation of additional Crypto Coins.