How to Create a Crypto Wallet Free in 5 Easy Steps
When you’re getting started with Crypto, the first step you’ll want to take is to create your crypto wallet free. How to Create a Crypto Wallet Free in 5 Easy Steps
There are several different wallets that you can choose from,
Each with different features and functionality,
But all of them allow you to safely store your crypto coins in one place.
This guide will walk you through the easiest five steps for creating your free crypto wallet,
So you can start trading and investing as soon as possible!
1) Download an app
There are countless wallets available,
But there are only two you should consider—and both are free. The first is Coinbase.
When you download it from Google Play or iTunes,
you shall be asked for Ur Nam & contact information;
an ID verification also takes place before you can use your account. After that, it’s smooth sailing:
Simply link your bank account and
snap a picture of your government-issued ID to begin funding your account.
2) Set up your PIN
After creating your wallet, you’ll be able to set up your PIN.
You can use either an alpha-numeric or a more complex mnemonic phrase
(12 words randomly generated by your wallet).
Your mnemonic is more secure than an alphanumeric code,
but it can take longer and be more difficult to type.
If you choose not to use a mnemonic phrase,
make sure you keep it written down somewhere safe!
3) Send some Ether/Bitcoin to your new wallet
Once you have signed up for an online wallet,
your next step is sending some ETH/BTC over.
This will give you something to do with your new digital currency!
If you’re not sure where to get ETH/BTC from,
check out some of these options: Poloniex or Changelly.
4) Receive transactions from other people
If you’re looking for an easy way to get into crypto, getting paid in crypto is one of them.
The more places that accept crypto as payment...
as opposed to fiat currency like dollars and euros—
the easier it will be for people to acquire cryptocurrency
and use it for their everyday purchases.
5) Adding Custom Tokens
If you are planning on purchasing or trading tokens that are issued on top of Ethereum,
Such as EOS, OmiseGo, or 0xProject (all high-quality projects, by the way),
then you’ll need to add custom tokens to your wallet.
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