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RE: HOW TO SIGN UP FOR SMARTCASH WALLET
Once again very informative post :) i have followed exactly and have created my wallet :)
I like to ask one more question, other than smartcash web wallet, which wallet you recommend for other coin saving like eth, btc or any alt ?
Welcome to the million dollar question.. for ages people have been wondering what is the best wallet to store your crypto and to be honest it is a messy debate.. but i will simplify things for you
If you want extreme security then Ladger Nano S hard wallet is for you. Its a USB device that keep ypur cryptos offline and it comes with builtin encryption.
Alternatively, you can choose to keep your cryptos in respective web wallets. There are applications like “exodus” that keep most of your cryptos on your machine however i dont recommend using it since these are centralized and your data can be compromised.
So web wallets and paper wallets are by far the most comprehensive, secure and free way to store your crypto.
Do not keep cryptos in exchanges as these exchanges are centralized and are prone to hack attacks. Only keep your cryptos there when you want to trade..
I hope this will give you some clarity..
Thank you for detailed reply, I disturb you so much :) Sorry. I agree with you that offline wallets are safest but expensive as well. Do you have recommendation about web wallet? some one told me coinbase is good ?
Haha no problem at all. We are all here to help each other. No?
Coinbase is very good but for now it will only hold your bitcoin , litecoin, bitcoincash and ethereum. Thats it. If you have any other altcoins then coinbase doesn’t support them for now.. i do however recommend spreading your assets to multiple platforms. It will keep you safe from a hack attack. Secondly, these exchanges and services are all running unregulated and a time can come when these facilities may shutdown in future. So spreading your assets will save you from a lot of trouble.
Choose your wallets wisely and keep your funds in there. Regular jumps from wallet to wallet will incur a lot of transaction fees and you may end up losing coins in chunks..
thank you so much :)