🔐 Beginner's Guide to Wallets and Transfers 💡
Many people get confused when they first try to transfer their coins from a platform like Binance to a private wallet, and here I wanted to clarify the most important points:
🧩 What is a Cold Wallet?
It is a device or application that stores your coins offline to protect them from theft.
📌 Examples:
• Ledger
• Trezor
• KeepKey
• Paper Wallet
🧰 Brief Usage Instructions:
1️⃣ Buy the wallet
2️⃣ Connect it to your computer
3️⃣ Create a wallet and save the recovery phrase (12 or 24 words)
4️⃣ Transfer your coins from Binance to your wallet address
5️⃣ After the transfer, disconnect the device — your coins are safely stored ✅
⚠️ Common Issue: "I received the wallet link but the deposit didn't arrive!"
The reason is often:
🔸 Choosing the wrong network during the transfer
(for example, you chose TRC20 while the wallet receives ERC20)
🔸 Or the transfer is still "in process"
⇨ Check the TXID in the Binance record
⇨ And verify it on bscscan.com or etherscan.io
📩 If it hasn't arrived after a while, send me the wallet name + network and I will help you step by step.
💬 Golden Advice:
"Not your keys, not your crypto"
This means if you don't own the recovery phrase, you don't actually own the coin.
If you would like me to prepare a specific explanation for your wallet or follow along step by step, let me know in the comments or privately 📩
#CryptoBasics #Cold_Wallet #Binance #Trading #Cryptocurrencies #Crypto_Security #blockchain #WalletSecurity
