Why is a BCH wallet recommended?
How about my dear readers of read.cash, your friend Kolus greets you again with excellent information as always, bringing the best to my personal blog and recommending some things of importance and interest in the read.cash platform, I hope you enjoy of my article.
What we know today as the Internet brought us many technological advances, which is surprising and we should be grateful to them because they have greatly facilitated our day-to-day operations and have been very useful to us as people. Can you imagine a world without computers or without cryptocurrencies? I have raised the idea of ββββhaving a virtual wallet on our computer due to the hacks that are seen daily in the most common cryptocurrency exchanges in the market, many of us know that Blockchain technology has improved the way in which we transfer our money to other users in a safer and more private way friends, that's why I'm in favor of the cryptocurrency BCH.
Cryptography in cryptocurrency transactions is crucial today my dear friends of read.cash, that is why they protect us so much when making our cryptocurrency exchanges and that is why I highly recommend the BCH cryptocurrency dear readers of read.cash to make transactions much more secure and reliable.
We have different types of current cryptocurrency wallets, they can be mobile apps and devices very similar to a USB memory, but if we see, the largest cryptocurrency wallets work basically in the same way: they store public keys that allow you to synchronize the wallet on different devices and send and receive cryptocurrencies from them.
In conclusion, we have 3 types: the physical "hardware", the digital "programs". Although each type of cryptocurrency wallet works in a slightly identical way, they are all designed so that you can safely access your cryptocurrencies.
It is of the utmost importance that you understand that the reality of a cryptocurrency wallet does not have any cryptocurrency in the Blockchain ecosystem. Instead, it stores all the public and private key information needed to conduct cryptocurrency. The cryptocurrency itself is kept on a blockchain, a kind of digital ledger that can trade too many decentralized cryptocurrencies.
As I said before, the most common physical wallets are those made by Ledger and Trezor. I can also mention that hardware wallets can be very expensive, it is advisable to buy them only from verified sellers and therefore avoid the second-hand market. Before buying the device, you must download the software indicated from the official website of the company.
Yes,,,I also use a bitcoin wallet to make transactions easier and indeed more secure.