Advancements are being made with blockchain wallet. There moving with the technology’s. There will be advancing surprises.
What is a blockchain wallet? Maybe a good description would be. A wallet is best Know for that leather bound “fold-over” pouch you store your cash, credit cards, that photo of your first supercar (that you are going to buy when your bitcoin goes to $200k each).
The blockchain wallet is similar to the wallet described above except, it’s new database of the future and platform of Cryptocurrencies reside in and requires a wallet to exchange, utilize and redeem. A virtual environment, that operates like a wallet in your back pocket, but only in the data world.
If your looking for the best way to upload CASH or FIAT into Cryptocurrency? Use the blockchain wallet with COINBASE (The best way to learn more is to join and you get $10 in BTC just for joining).
There are several other wallets that have different sets of purposes and resource within blockchain, cryptocurrency and a growing digital future for us all.
Coinbase is offering Staked Coins, and the option to “Stake” or hold your coins for gains. You choose to lock them, or “STAKE THEM” meaning you will not sell or transfer them. They hold the STAKED value of the COIN itself. Doing this 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{77f8e332d6688e86753cd5f6507b0c900d532747a8002997e4f852070e5a2dcb} or more. The ones supported within Coinbase has proven to be safer . But risk is always involved when investing and that includes staking.
Staked Coins can gain rewards, usually in additional coins as the staking is occurring. Similar to a bank bond or Certificate on Deposit. Used to create and leverage and create additional Crypto Coins.
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