Crypto Currency tips to make your life more Comfortable
There are certain things you should have for Crypto Currency to make your life more Comfortable!
An all-in-one software that enables you to trade all exchanges
Prepaid cards
Hardware wallet
- All-in-one software
By the time you get familiar with trading cryptocurrency, you will definitely have multiple wallets on several exchanges because one exchange might not have the ALT coin that you want to trade.
This software is called Coinigy. It’s a cryptocurrency trading platform that lets users trade digital currencies on 45+ exchanges around the world! I usually trade on Bittrex, Binance, Cryptopia and HitBTC, now with Coinigy, i just have to link all the exchanges’ API to Coinigy.
HitBTC has many good coins that other exchanges don’t have, however, I hated HitBTC‘s interface. With Coinigy, you don’t have to worry about missing any good ALTs anymore!
You can even view your portfolio value in chart view!
- Prepaid cards
Accepted in most countries, prepaid cards offer users the flexibility to manage multiple alt coins and fiat money at the same time. Since digital coins have no borders and are not regulated by many governments, prepaid cards also serve as a convenient tool for travelers because of their easy conversion to different major currencies.
Thus, there is no need to do any manual currency exchange before we travel because prepaid cards have make traveling more convenient!
I have done extensive research and conclude that CryptoPay is one of the most trustworthy company!
The biggest benefit of CryptoPay is that it offers three major currencies (EUR, GBP and USD) available for customers to convert. Not only worldwide shipping of VISA card is free, CryptoPay website is well designed too.
You can order plastic cards for a cheap price of only 15 USD and virtual cards for 2.5 USD!
- Hardware wallet
Hardware wallet like Ledger Nano S is a good choice if you’re looking for a security, convenient and reliable Bitcoin storage. It keeps private keys separate from vulnerable internet-connected devices.
Your important private keys are maintained in a secure offline environment on the hardware wallet, fully protected from any malware-infected computers.
As Bitcoins are digital, cyber criminals could target your computer’s “software wallet” and steal them by accessing your private key. Hence, generating and storing private keys offline using a hardware wallet ensures that hackers have difficulty to reach your Bitcoins.
Even though hackers can steal the hardware wallet itself, it still can be protected with a PIN code. As long as you create a secret backup code, you can always retrieve your Bitcoins so you don’t have to worry about your hardware wallet getting stolen, lost or even damaged!
Hi @tkmremi I see you are using 100% power up option. You might not want to do that. I wrote a detailed post explaining why, you should read it.
DON'T USE 100% POWER UP - You Will Lose a Lot of Money
thank me later ;)
A hardware wallet certainly is a great investor for anyone involved in crypto. I'd also recommend that people only buy directly from reputable sources, and not from third party places.
Yes, because you can control a physical things , not a digital one !