Blockchain and Crypto go together, and without Blockchain, there is no crypto. Blockchain, open-source ledgers, Crypto, tokens, and stable coins are here to stay.
A self-custody wallet is a place where you store digital money like cryptocurrency and other digital assets. Self-custody wallets, also called non-custodial wallets, are required to transact with blockchain-based financial applications, such as the Compound Liquidity Pool and other DeFi applications.
The future of the monetary system is Cryptocurrency moving digitally virtually, and high-tech wallets and Cryptocurrency Apps move money around the world globally within seconds.
Digital wallets are virtual wallet addresses, and financial transactions move from one wallet address to another, so there is no need to use dollar bills or coins. Dollar bills and coins have gradually disappeared from circulation.
At the beginning of 2020, I started using virtual Digital wallets more often, found myself using physical cash less often, and using debit cards replaced using actual money. It took time to adjust to using virtual wallets like Apple Pay. The transfer of wealth is happening, and soon the masses globally will be using Crytpo for all financial transactions.
I’ve been downloading crypto Apps to move Crypto around, and I’ve been doing so to get used to doing it. The option of paying for products and services using Crypto is happening. Brand name chains have linked to virtual wallets, and Crytpo Apps will globally become accepted.
The list below are Crytpo wallets, Apps, and websites I use to store, move, and use for financial transactions. Give yourself a hedge over inflation and protect your Crypto assets.
Let me start with Coinbase. I store Crypto on Coinbase, Coinbase Pro, use their Vault to protect my Crypto and, use their Coinbase Visa Debit Card to receive Crypto back.
Crypto App List
Click here to open an account with Coinbase. Copy and Paste URL if link does not work. https://www.coinbase.com/join/cesare_auc
Coinbase was the first Crypto website I joined. I find Coinbase user-friendly, and using Coinbase led me to use Coinbase Pro. When trading, converting or, transferring Crypto to a bank account, Coinbase Pro charges minimal fees.
Click here to open an account with Gemini. Copy and Paste URL if link does not work.
Gemini is another Cryptocurrency exchange I use to store, buy, move, and transfer Crypto. Gemini is a simple, elegant, and secure platform to build your Crypto portfolio. Gemini is also rolling out a Crypto back credit card.
Click here to purchase a Ledger – Ledger is a cold storage wallet. Copy and Paste URL if link does not work.
Learning about a monetary system that will soon become the new money system requires study, learning, and adoption. There is more responsibility when self-custody Crypto. However, it is a necessity to protect the assets you hold.
When storing Crypto on a cold hardware wallet, you are solely responsible for self-custody the Crypto. It is your responsibility to protect the 24-word passphrase. If you lose the passphrase, you lose your Crypto.
Click here to purchase an Ellipal Titan air-gapped cold wallet. Copy and Paste URL if link does not work.
Ellipal Titan is the most secure cold wallet. Air-gapped (a network isolated offline cold storage which gives protection against remote and online attacks), anti-disassembly (the case is metal and protects you from supply chain attacks and malicious modifications), anti-tamper, and trust. In my opinion, Ellipal is the safest self-custody cold wallet on the market.
Using digital wallets as a form of payment will be accepted everywhere. Every digital wallet transaction will create a unique wallet address, and each digital purchase will get indexed onto an open-source ledger.