Cryptocurrency Exchanges and Cryptocurrency Market Capitalization.

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Will You Keep Your Crypto Assets in a Wallet or on an Exchange? And why you would prefer to keep your asset in one over the other ?

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First thing first, I can't keep my tokens on an Exchange 💱, be it Binance, Hotbit or Poloniex. Even the exchange make sure they warn other crypto enthusiastic and trader against keeping their token on exchange. Even airdrops warns against keeping ones token on exchange 💱. It is better to have a crypto wallet for it.

I want to talk about which Crypto wallet I'm using and why. There are many crypto wallet, three common and major ones are being used by all crypto owners in no particular order

  1. Imtoken
  2. Trust Wallet
  3. Token Pocket

There are still many more wallet than this out there, you're free to add yours. But for today, I'll tell you which one I'm using and why.

Back in my early days of crypto investment, I was told that Imtoken is the most secured and the best, there has never been any record of it being hacked. It is also very simple to access and go through. I am going to use my wallet for example.

You first go to Google Playstore to download.
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After that you'll create the wallet and make sure you store your keys. It's very important.
By opening the app, you get to see all the major Crypto Tokens and possibly your account might be having zero all through because it's new.
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This is the landing page interface of Imtoken. Imtoken is one of the oldest wallet in storing Crypto token before many Crypto network like BNB, Tomochain, Tron and the likes came on board. Making it impossible to do some thing.
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The Limitations Of Imtoken

Imtoken is getting too old for some things, the incessant rise in airdrop that requires Binance Smart Chain makes it impossible for wallets like Imtoken to be use. The limitations of Imtoken sets in here. The tokens on BSC are so many too and they are rising each and every day making a lot of Crypto users to ride the wave along with it.

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Trust Wallet

To the wallet I use the most and has one of the highest download on Google Playstore, which is trust Wallet. Trust Wallet is good for many purposes, the inflow or airdrops these days has given Trust Wallet a name among crypto enthusiasts. With the advent of the BSC, many people are turning to all the Binance Smart Chain GEMS because they are pulling a big weight on the crypto space.

The tweet by the owner of Binance, CZ is also putting pressure on the whole thing.

You start the Trust Wallet by downloading it from Google Playstore and creating the wallet, also storing your keys too, mnemonic and Key Phrase. Make sure you don't loose any.


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Trust Wallet home page.
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You can create many multi wallet with your trust Wallet app which enables many options of networks.
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Exchanging tokens are also swifter and faster on Trust Wallet.

In summary of what I've been saying, I will prefer to have my tokens on Trust Wallet as my default app than other wallet because of its flexibility and many use cases.

Posted Using LeoFinance Beta



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