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RE: Steemit Crypto Academy- Blockchain Wallet- Chapter-3 Homework Task by @sapwood

in SteemitCryptoAcademy3 years ago

Thank you for attending the lecture in Steemit-Crypto-Academy & doing the homework task-3.

If I buy any coin for long-term hold, I just send it to my Trustwallet. Because here We get full control of our assets, nothing is impossible to touch them. That's why I keep my long term coins in my Decentralized wallets like Trustwallet, Tron Pro, and many more.

For regular trading, I use an Exchange Wallet.

That's the correct strategy. For long term holding you should always prefer a non-custodial wallet which ensures absolute control of the asset. For short term objective such as trading, exchange of assets for fiat, you should use exchange wallet.

I currently use Trustwallet more for my needs. Using this, I can buy or sell any coin that is listed on Bilaxy, Uniswap, 1Inch, Pancake and Bakery swap and many more. We can access all these sites using the Metamask wallet web 3.0 wallet as well but I feel comfortable on Trustwallet so especially I use Trustwallet for every need.

Yes, as you have mentioned you are using Trust Wallet, which is a web 3.0 wallet, you can interact with dApp like Uniswap which is AMM AMM-based, so you might have used it. In a similar way you might have interacted with other dApps.

I am really happy to see the screenshots shared by you on how you interacted with Bakeryswap, changed the network to BSC Smartchain.

Thank you.



Homework Task -3 accomplished successfully.
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Thank you very much for verify my home work task.

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