What are a DeFi Wallets?

What are DeFi wallet?.jpeg

👝A DeFi wallet is a non-custodial wallet that keeps your cryptocurrency assets. Non-custodial or “self-custody” means it is not bound to a central exchange. Users are accountable for safely keeping the wallet’s seed phrase or private key. It is also called a smart contract wallet and is very flexible and can access various applications.

🪙DeFi wallets are typically Ethereum compliant and support Ethereum’s native ether cryptocurrency as well as ERC-20 crypto tokens and ERC-721 NFT tokens.

🔐Non-custodial cryptocurrency wallets have two types: hardware wallets and software wallets. The hardware wallets look like USB sticks, and you purchase them to hold your funds offline, known as “cold storage.”

💻Software wallets are online wallets you access through your web browser or phone. And here are the best DeFi wallets that you can connect on the Coinswap Space DApp:
☑ Metamask
☑ TrustWallet
☑ MathWallet
☑ TokenPocket
☑ WalletConnect
☑ Binance Chain Wallet

🛡 Having a dependable and safe wallet should be the top priority of all crypto holders. Connect your wallet now on the Coinswap Space DApp and start investing!

🌐https://bit.ly/3QEyXJe

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