Crypto holding is not a soft thing.It is a major thing that you should be careful. You are trying to hold your crypto for long time but if you don't have enough idea about crypto wallets then you might lose your assets. Before you hodl any coins, you will need to know about the wallets first!there are many crypto wallets in the crypto world for you but not every wallets is suitable for you!some wallets steal you coins, there many pretending actions you wont catch them. So you should choose a wallet which will give you much safety for your coins.As i am a crypto lover, i will discuss about the wallets where you will hodl or add your Bitcoincash. Let's talk about two crypto wallets today in this article-
Bitcoin.com
Coinbase
Bitcoin.com wallet
Bitcoin.com wallet launched in August 2017.When users download the app, it will automatically create both Bitcoin Cash and Bitcoin wallets.In November 2017, keeping in mind the Bitcoin Cash hard fork,the wallet was updated to support both blockchains.
I have used bitcoin.com wallet somedays and got experience quite a lot. The greatest thing i had that i can separate my wallets and put my assets in it differently at a time. we all know that the founder of bitcoin.com is Roger var
Advantages of bitcoin.com
There are a lot of advantages of bitcoin.com wallet.
Easy to use
Wallets can be separated
You can control your money with safety.
therefore seed words to protect coins.
This wallet is perfect for bch transaction, buying,holding.
disadvantages I have faced
Transaction fees a bit higher. I have faced it. Though this issue arrived because of mane small transaction. Without this all are okay!
Bitcoin.com site : https://www.bitcoin.com
Bitcoin.com wallet reviews and ratings at google playstore
Ratings:
My personal rating will be 4 for bitcoin.vom wallet. Because of the fees.they should work on it to reduce the fees.
Reviews:
Coinbase wallet
The founder of coinbase wallet Brian Armstrong. till 2020, the number of workers they have is 1241! There is no headquarters for coinbase.they serve coinbase facilities to around hundred plus countries. coinbase mainly works for Bitcoin, Bitcoin cash, ethereu, litecoin, and some other cryptocurrencies..
let's see the advantages of coinbase.com wallet
Advantages of using coinbase
Basically I am using coinbase wallet since I have joined the crypto word.. Coinbase has good things to express.
Coinbase has lowest fees when we transfers any amount of money it takes only 286 satoshi's Everytime. If you send your coins through email then it is totally for free.
Coinbase provides KYC facilities as a Security issue. You can complete the kyc by providing your id card.
Everytime when you will do transactions,there will a code sent to your number as OTP code. It's good as tight security.
You can easily see the prices of the others coins and BCH too..
Disadvantages of coinbase i think
Everything on earth has advantage and disadvantages. coinbase is also the same. It has some disadvantages I have faced. it is totally personal experience. you might not feel that as disadvantage so you can check that by your own.
That OTP method in Every transaction made me feel bored.
There takes much time to add your balance to your main wallet.i mean the confirmation process is a bit longer.
there is no option for separating your wallets to indicate your target that you want to gain or to you want to hold your coins for that reason like bitcoin.com wallet.
The coinbase website link https://wallet.coinbase.com/
Coinbase wallet reviews and ratings at google playstore
Ratings
My raying for coinbase.com will be 4.5 , they should also add the method to separate wallts for different proposes.
Reviews
This article is totally from my own experience don't take it officially.if you want to know about this two wallet you can use them. it's easy . download the app and start using this. Both this 2 wallets has advantages and disadvantages in my eyes. if you tell me to choose one, I will be confused to choose one of this two wallets because each wallet has different advantages I like.. As like I like the bitcoin.com wallet because of the separation of wallets so that you can you can save your money for different purposes. and in the coinbase.com wallet, there is very little transaction fees .
so it's totally up to you what you will gonna choose. I have just said in this article what I have experienced.
I will write more articles on Crypto wallets to clarify something for the newbies and also For some users who need this..
Take care.
Sources
Lead image https://unsplash.com/photos/XCL0n2DgF-M
And all the images i have used are screenshots from my device.
And thanks to my sponsors ❤️
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Does cojnbase have a qr code feature like Bitcoin.com? You should also include shareable links on the advantages. It is one of the feature I want most when giving gift to any of my family or friends.