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RE: Steemit Crypto Academy Contest / S3W3 - The Wallets by @adeljose

in SteemitCryptoAcademy2 years ago

Currently I only manage two wallets, which are the Steem wallet and TronLink.

If you only manage two wallets (TronLink and Steemit ) how then do you trade your token. Or how do you sell your tokens to fiat currencies.

I assisted a colleague to recover his assets, in that case, they were some ETH that he wanted to send to the Ronin wallet without using the ETH to WE

I’m sure the Ronin wallet is centralized wallet because with the decentralized wallets in cases like this you can to retrieve your assets.

Without a doubt, the best option would be cold wallets, because they are not directly connected to the blockchain.

Yes cold wallets are know for the strong security it provides so it’s most good for long term trades. A scalping trader will face a lot of difficulties using cold wallets as he must always be monitoring the crypto market.

Please find time to visit my post as well. Good luck..!!

https://steemit.com/hive-108451/@sadiqxylo/steemit-crypto-academy-contest-s3w3-the-wallets-by-sadiqxylo

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