Everyone needs a Blockchain Wallet in order to store your cryptocurrencies. You may not think you need one. However, believe me when I tell you that you will need it much sooner than you think! It is not long before all of us will be dealing in cryptos. Once that happens, you will need to redeem or exchange them in the Blockchain. Bring out the Scout in you and Prepare!
Your Blockchain Wallet works just like your own physical wallet. The difference is, this wallet is a virtual one and extremely safe! It cannot be stolen and no one can pickpocket it from you. You just need to acclimate yourself to using it. It is a place to store any and all your cryptos until you decide to utilize them. The Blockchain is the most secure way of banking than you ever thought possible. That is because it is a decentralized virtual entity. Blockchain requires a Blockchain Wallet for all their users. It is where you can safely keep all your cryptos until you spend them, exchange them, or cash them in.
Use Your Blockchain Wallet as Storage For All Cryptos
The Blockchain Wallet is the perfect way to store or use your cryptos. You can upload all your cryptos, including cash to your wallet! Coinbase also uses the Blockchain Wallet. Once you set it up, you will receive $10 in BTC when you join. That is probably the best way to upload FIAT or CASH into Cryptocurrencies also. We use the Blockchain Wallet with COINBASE and we strongly encourage you to do so too! You will gain much knowledge about it as you set up and use it. Best of all, that $10 in BTC is a great bonus for helping yourself!
Staking Coins is Saving Them for Higher Gains
Staking coins is a way to lock your coins to hold for higher gains. When you “Stake” them you cannot transfer or sell them because you want to save them for higher gains that you expect. You get an APY the same as if you had a Savings Account or Bond. This ranges from 0.01 up to 25% or more. Keeping coins in COINBASE is safer, but there is always risk as with any investments, including staking. You are able to get gains in rewards (often additional coins) as the staking is happening. This is like having a Certificate Of Deposit or a Bank Bond.
Another thing you should do is start Mining Free Bitcoin. It will only take you 3 minutes to download and set up. When you do that, you start mining Free Bitcoin 24/7. Learn more here. Free Bitcoin is so easy to get. If you have more computers (and you can have up to five for your one account) you will gain Bitcoin five times faster. We all like free money and Bitcoins are Free Money! I am sure you are aware of the value on the market. Join the mining crowd and get yours for no cost except 3 minutes of your time. Enjoy Your Free Bitcoin and Keep Your Computer Mining!
