Binance Square

CryptoWallets101

124 views
3 Discussing
Eun Schnitz QFAr
--
See original
🔐 #CryptoWallets101: Your wallet, your rules. If you are in the crypto world, you need to understand the difference between storing crypto on an exchange and owning your own wallet. 📌 What is a crypto wallet? 🔹 It is a tool that stores your private keys — that is, the real access to your assets 🔹 It can be custodial (someone holds it for you) or non-custodial (only you have access) 💡 Types of wallets: 1. Custodial (Ex: Binance, centralized exchanges) ✅ Easy to use ✅ Simple recovery ❌ You do not control the private keys 🔐 "Not your keys, not your crypto" 2. Non-Custodial 🔸 Hot Wallets (ex: MetaMask, Trust Wallet)  – Connected to the internet  – Convenient for DeFi, NFTs 🔸 Cold Wallets (ex: Ledger, Trezor)  – Offline  – Maximum security 🔐 Seed phrase: – It is the master key to your wallet – Never share. Never save online. – Write it down on paper and keep it in a safe place ⚠️ Risks and tips: ❌ Phishing scams with fake links ❌ Losing the seed phrase = total loss of access ✅ Check URLs, be suspicious of “support” on Telegram ✅ Use 2FA authentication whenever possible ➡️ True crypto freedom comes with responsibility. Learn to protect what is yours. #CryptoWallets101 #Web3Consciente
🔐 #CryptoWallets101: Your wallet, your rules.

If you are in the crypto world, you need to understand the difference between storing crypto on an exchange and owning your own wallet.

📌 What is a crypto wallet?
🔹 It is a tool that stores your private keys — that is, the real access to your assets
🔹 It can be custodial (someone holds it for you) or non-custodial (only you have access)

💡 Types of wallets:

1. Custodial (Ex: Binance, centralized exchanges)
✅ Easy to use
✅ Simple recovery
❌ You do not control the private keys
🔐 "Not your keys, not your crypto"

2. Non-Custodial
🔸 Hot Wallets (ex: MetaMask, Trust Wallet)
 – Connected to the internet
 – Convenient for DeFi, NFTs
🔸 Cold Wallets (ex: Ledger, Trezor)
 – Offline
 – Maximum security

🔐 Seed phrase:
– It is the master key to your wallet
– Never share. Never save online.
– Write it down on paper and keep it in a safe place

⚠️ Risks and tips:
❌ Phishing scams with fake links
❌ Losing the seed phrase = total loss of access
✅ Check URLs, be suspicious of “support” on Telegram
✅ Use 2FA authentication whenever possible

➡️ True crypto freedom comes with responsibility. Learn to protect what is yours.

#CryptoWallets101 #Web3Consciente
See original
🔐 #CryptoWallets101: Where you keep your cryptos matters (a lot). You’ve bought crypto. But... where is it now? If the answer is “on the exchange,” “on the phone,” or “I don’t know” — this post is for you. 👇 🎒 There are 2 main types of crypto wallets: 1️⃣ Hot wallets 🟢 Connected to the internet 🟢 Convenient for trades and daily use 🟢 Ex: Binance app, Trust Wallet 2️⃣ Cold wallets 🔒 Offline 🔒 Maximum security against hacks 🔒 Ex: Ledger, Trezor ⚠️ Custodial vs Non-Custodial: Custodial = Binance keeps it for you Non-Custodial = You keep (and protect!) your own keys 💡 Tip: use a hot wallet for transactions and a cold wallet to securely store large amounts. 📲 With Binance, you can store, transfer, and even connect your Trust Wallet with just a few clicks. ➡️ Your crypto, your responsibility. Protect what is yours. $BTC {spot}(BTCUSDT) #CryptoWallets101 #SegurancaCripto #CriptoParaTodos #TrustWallet
🔐 #CryptoWallets101: Where you keep your cryptos matters (a lot).

You’ve bought crypto. But... where is it now?
If the answer is “on the exchange,” “on the phone,” or “I don’t know” — this post is for you. 👇

🎒 There are 2 main types of crypto wallets:
1️⃣ Hot wallets
🟢 Connected to the internet
🟢 Convenient for trades and daily use
🟢 Ex: Binance app, Trust Wallet

2️⃣ Cold wallets
🔒 Offline
🔒 Maximum security against hacks
🔒 Ex: Ledger, Trezor

⚠️ Custodial vs Non-Custodial:

Custodial = Binance keeps it for you

Non-Custodial = You keep (and protect!) your own keys

💡 Tip: use a hot wallet for transactions and a cold wallet to securely store large amounts.

📲 With Binance, you can store, transfer, and even connect your Trust Wallet with just a few clicks.

➡️ Your crypto, your responsibility. Protect what is yours.
$BTC

#CryptoWallets101 #SegurancaCripto #CriptoParaTodos #TrustWallet
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number