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Wallet What is it? I'll explain it with an analogy you'll understand
Does the word "Wallet" (wallet) confuse you? š¤
Most people think it's like their bank app, but it's not. Understanding this avoids beginner's #1 mistake: losing your cryptocurrencies.
Imagine this: š
* The Blockchain is a HUGE PUBLIC LIBRARY.
All transaction records are stored there. Everyone can see it.
* Your Wallet is NOT where you store money.
It's a BOOK READER + YOUR UNIQUE SIGNATURE.
The "reader" (your wallet app) lets you READ your balance in the library and WRITE new transactions.
The "unique signature" are your PRIVATE KEYS (which you NEVER share). They're like a pen with unique ink that you use to sign documents to move your funds.
* Your cryptocurrencies... they NEVER "leave" the library!
What changes in the public library is the record of who owns what. Your wallet (reader + signature) proves that you are the owner.
Key takeaway:
* Your crypto is ON THE BLOCKCHAIN.
* Your wallet is the TOOL to manage it.
* Whoever has your Private Keys (signature), has TOTAL control.
š WHAT DO I DO WITH THIS?
* Comment "š§ " if this analogy cleared things up for you.
* The big question: Does it make you more confident to leave your crypto on an Exchange (like Binance, where they hold your "signature" for you) or in your own Wallet (where you're 100% responsible)?
Vote!
ā”ļø Exchange = Simpler, less responsibility.
ā”ļø Own Wallet = More control, more personal security.
* Let me know in the comments if you want a guide on "How to Choose Your First Wallet" or "How to Move Crypto from Binance to Your Wallet." I'll create it based on what you ask for most.
Understanding the concepts BEFORE using the tools is your best layer of security.
#AprenderCripto #Blockchain #Wallets #CriptoParaPrincipiantes #Binance
Does the word "Wallet" (wallet) confuse you? š¤
Most people think it's like their bank app, but it's not. Understanding this avoids beginner's #1 mistake: losing your cryptocurrencies.
Imagine this: š
* The Blockchain is a HUGE PUBLIC LIBRARY.
All transaction records are stored there. Everyone can see it.
* Your Wallet is NOT where you store money.
It's a BOOK READER + YOUR UNIQUE SIGNATURE.
The "reader" (your wallet app) lets you READ your balance in the library and WRITE new transactions.
The "unique signature" are your PRIVATE KEYS (which you NEVER share). They're like a pen with unique ink that you use to sign documents to move your funds.
* Your cryptocurrencies... they NEVER "leave" the library!
What changes in the public library is the record of who owns what. Your wallet (reader + signature) proves that you are the owner.
Key takeaway:
* Your crypto is ON THE BLOCKCHAIN.
* Your wallet is the TOOL to manage it.
* Whoever has your Private Keys (signature), has TOTAL control.
š WHAT DO I DO WITH THIS?
* Comment "š§ " if this analogy cleared things up for you.
* The big question: Does it make you more confident to leave your crypto on an Exchange (like Binance, where they hold your "signature" for you) or in your own Wallet (where you're 100% responsible)?
Vote!
ā”ļø Exchange = Simpler, less responsibility.
ā”ļø Own Wallet = More control, more personal security.
* Let me know in the comments if you want a guide on "How to Choose Your First Wallet" or "How to Move Crypto from Binance to Your Wallet." I'll create it based on what you ask for most.
Understanding the concepts BEFORE using the tools is your best layer of security.
#AprenderCripto #Blockchain #Wallets #CriptoParaPrincipiantes #Binance
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š¤Types of wallets: š„hot wallet vs š„cold wallet.
#carteira #wallets
š”Cryptocurrency wallets are mainly divided into hot wallets and cold wallets. Hot wallets are internet-connected wallets, such as mobile apps, web wallets, or browser extensions. They are convenient for daily use, allowing quick access to funds, but are more exposed to online risks.
š¢On the other hand, cold wallets are offline wallets, such as physical devices (hardware wallets) or paper wallets. Since they are not connected to the internet, they offer a much higher level of security against cyberattacks.
š“The choice between hot and cold wallets depends on the user's goal. For small amounts and frequent use, hot wallets are convenient. For long-term storage of larger amounts, cold wallets are the safest option. The ideal approach is to strategically combine both types of wallets.
$BTC
$XRP
Educational content. Not financial advice.
š Save to study later
š¤ Share with someone learning about crypto
#carteira #wallets
š”Cryptocurrency wallets are mainly divided into hot wallets and cold wallets. Hot wallets are internet-connected wallets, such as mobile apps, web wallets, or browser extensions. They are convenient for daily use, allowing quick access to funds, but are more exposed to online risks.
š¢On the other hand, cold wallets are offline wallets, such as physical devices (hardware wallets) or paper wallets. Since they are not connected to the internet, they offer a much higher level of security against cyberattacks.
š“The choice between hot and cold wallets depends on the user's goal. For small amounts and frequent use, hot wallets are convenient. For long-term storage of larger amounts, cold wallets are the safest option. The ideal approach is to strategically combine both types of wallets.
$BTC
$XRP
Educational content. Not financial advice.
š Save to study later
š¤ Share with someone learning about crypto
LĆ©o Gui:
gostei
#LATEST : ā” Multiple Solana #whale #wallets have been repeatedly making purchases of 10+ $SOL as 2026 begins, with #Santiment calling SOL accumulation a top crypto trend on #New Year's Day.
ššš S Korean City of Incheon Seizes $375,000 Worth of Crypto from āTax Dodgersā
Incheon, South Korea, has reported the confiscation of $375,000 in cryptoassets from residents accused of tax evasion. The city collected these funds from 298 individuals who attempted to conceal earnings in token #wallets , including #virtual currencies like Bitcoin. Tax-evading citizens are expected to choose between settling tax bills and fines or having their coins liquidated and sold. This action is part of an ongoing region-by-region crackdown on crypto-holding tax evaders involving central and local tax agencies.
In recent years, the National Tax Service (NTS) and customs service have equipped themselves with new crypto monitoring tools. In addition to virtual currencies, Incheon's tax service seized various assets, leading to a total of over $43.6 million raised from tax evaders in fiscal year 2023. Since 2021, Incheon has launched dedicated tax evasion investigation teams and implemented seven new high-tech tools, including crypto-related solutions, to create a more effective collection network. In September 2022, South Korean tax officials reported seizing $186 million worth of cryptoassets, and by December 2022, #coins had been seized from almost 6,000 citizens as part of the continued crackdown on tax evasion.
Source - Tim Alper @tim-alper
Website - Cryptonews
#CryptoNewsšš°š« #BinanceSquare
Incheon, South Korea, has reported the confiscation of $375,000 in cryptoassets from residents accused of tax evasion. The city collected these funds from 298 individuals who attempted to conceal earnings in token #wallets , including #virtual currencies like Bitcoin. Tax-evading citizens are expected to choose between settling tax bills and fines or having their coins liquidated and sold. This action is part of an ongoing region-by-region crackdown on crypto-holding tax evaders involving central and local tax agencies.
In recent years, the National Tax Service (NTS) and customs service have equipped themselves with new crypto monitoring tools. In addition to virtual currencies, Incheon's tax service seized various assets, leading to a total of over $43.6 million raised from tax evaders in fiscal year 2023. Since 2021, Incheon has launched dedicated tax evasion investigation teams and implemented seven new high-tech tools, including crypto-related solutions, to create a more effective collection network. In September 2022, South Korean tax officials reported seizing $186 million worth of cryptoassets, and by December 2022, #coins had been seized from almost 6,000 citizens as part of the continued crackdown on tax evasion.
Source - Tim Alper @tim-alper
Website - Cryptonews
#CryptoNewsšš°š« #BinanceSquare
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š Which cryptocurrency wallet to choose? Hot or cold?
Hello, crypto enthusiasts! š
One of the most important steps in your cryptocurrency journey is choosing a wallet.
š„ Hot Wallets
ā Constantly connected to the internet.
š Convenient for trading and daily transactions.
Examples: exchange wallets (Binance), mobile and browser versions (MetaMask, Trust Wallet).
ā ļø Minus ā higher risk of hacking attacks.
āļø Cold Wallets
ā Offline storage, without internet access.
š The best option for long-term storage of large amounts.
Examples: hardware wallets (Ledger, Trezor).
ā ļø Minus ā less convenient for frequent transfers.
š Main security rules:
Keep your seed phrase (12ā24 words) only offline, not in the cloud and not on your PC.
Enable 2FA ā additional protection is never unnecessary.
Be cautious of phishing ā check website addresses and do not click on suspicious links.
āļø Conclusion:
For small amounts and daily transactions ā hot wallet.
For long-term and serious assets ā cold wallet.
š¬ Where do you store your assets ā in a hot or cold wallet? Share your experience š
#Binance #CryptoSafety #Wallets
$BNB
Hello, crypto enthusiasts! š
One of the most important steps in your cryptocurrency journey is choosing a wallet.
š„ Hot Wallets
ā Constantly connected to the internet.
š Convenient for trading and daily transactions.
Examples: exchange wallets (Binance), mobile and browser versions (MetaMask, Trust Wallet).
ā ļø Minus ā higher risk of hacking attacks.
āļø Cold Wallets
ā Offline storage, without internet access.
š The best option for long-term storage of large amounts.
Examples: hardware wallets (Ledger, Trezor).
ā ļø Minus ā less convenient for frequent transfers.
š Main security rules:
Keep your seed phrase (12ā24 words) only offline, not in the cloud and not on your PC.
Enable 2FA ā additional protection is never unnecessary.
Be cautious of phishing ā check website addresses and do not click on suspicious links.
āļø Conclusion:
For small amounts and daily transactions ā hot wallet.
For long-term and serious assets ā cold wallet.
š¬ Where do you store your assets ā in a hot or cold wallet? Share your experience š
#Binance #CryptoSafety #Wallets
$BNB
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# Is it time to copy the whales' portfolios?
Are you tired of guessing in the market? Of entering late and exiting at the wrong moment?
**Whales** are the ones who move the market with calculated steps and massive deals, so why not follow them... or even **copy their portfolios**?
## What will you get by copying the whales' trades?
- Trades based on **accurate analyses and data**
- Smart moves from **top traders**
- Proven strategies executed by **huge capital**
- An opportunity to profit confidently... without the need to track the market moment by moment
---$BTC $ETH $BNB
## Why watch the whales from afar when you can swim with them?
Start now, and copy the whales' portfolios directly.
Let your investments rise with every wave they create.
[Start copying now](#) *(https://www.generallink.top/en/copy-trading)*
---Ų§ŲÆŲ®Ł Ł Ų§ŲØŲÆŲ£ Ų±ŲŁŲŖŁ Ł Ų¹ Ų§ŁŲŁŲŖŲ§Ł ŲŖŲ°ŁŲ± Ų§Ł ŲŖŁŁŁ ŲØŲ±ŲØŲ· Ł ŲŁŲøŲŖŁ Ł Ų¹ Ų§ŁŲŁŲŖŲ§Ł
**The question for you:**
Will you choose to stay behind... or are you ready to step forward with the whales?
---
#Binance #HOT #wallets #Bitcoin2025 #BinanceAlphaAlert
Are you tired of guessing in the market? Of entering late and exiting at the wrong moment?
**Whales** are the ones who move the market with calculated steps and massive deals, so why not follow them... or even **copy their portfolios**?
## What will you get by copying the whales' trades?
- Trades based on **accurate analyses and data**
- Smart moves from **top traders**
- Proven strategies executed by **huge capital**
- An opportunity to profit confidently... without the need to track the market moment by moment
---$BTC $ETH $BNB
## Why watch the whales from afar when you can swim with them?
Start now, and copy the whales' portfolios directly.
Let your investments rise with every wave they create.
[Start copying now](#) *(https://www.generallink.top/en/copy-trading)*
---Ų§ŲÆŲ®Ł Ł Ų§ŲØŲÆŲ£ Ų±ŲŁŲŖŁ Ł Ų¹ Ų§ŁŲŁŲŖŲ§Ł ŲŖŲ°ŁŲ± Ų§Ł ŲŖŁŁŁ ŲØŲ±ŲØŲ· Ł ŲŁŲøŲŖŁ Ł Ų¹ Ų§ŁŲŁŲŖŲ§Ł
**The question for you:**
Will you choose to stay behind... or are you ready to step forward with the whales?
---
#Binance #HOT #wallets #Bitcoin2025 #BinanceAlphaAlert
The number of active addresses in $BTC is at its lowest since 2018 - @SentoraHQ š¤
The total number of active wallets has reached multi-year lows. The week of May 27 saw 614,770 active wallets, the lowest since December 2018.
Also Bitcoin activity has fallen to its lowest level since 2010.
The lack of retail participation is believed to be reducing bitcoin wallet activity as the famous memcoins attract speculators, distracting them from more established cryptocurrencies.
#IntoTheBlock #Bitcoinā #wallets #activity #memcoins
The total number of active wallets has reached multi-year lows. The week of May 27 saw 614,770 active wallets, the lowest since December 2018.
Also Bitcoin activity has fallen to its lowest level since 2010.
The lack of retail participation is believed to be reducing bitcoin wallet activity as the famous memcoins attract speculators, distracting them from more established cryptocurrencies.
#IntoTheBlock #Bitcoinā #wallets #activity #memcoins
24 #wallets (insider or dev) spent 1.5 #ETH ($4,864) to buy 378.45M #fight (37.8% of the total supply) before FIGHT opened trading.
These 24 wallets have sold 261.6M FIGHT , leaving 116.8M FIGHT ($7.36M) currently, 11.68% of the total supply. #ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip
These 24 wallets have sold 261.6M FIGHT , leaving 116.8M FIGHT ($7.36M) currently, 11.68% of the total supply. #ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip
#jupiterexchange identifies the " #BullChecker " Chrome extension as malicious, capable of hijacking token transfers to different #wallets after completion. #PowellAtJacksonHole
Bitcoin (BTC) dominance continues, with history suggesting another potential surge to six-figure averages above $160,000.
@core; Ethereum (ETH) leads altcoins with strong DeFi and NFT adoption, driving consistent growth.
Binance Coin (BNB) shows resilience through Binanceās expanding ecosystem and burning mechanisms.
==>XRP struggles with regulatory uncertainty but maintains a strong presence in cross-border payment solutions.
@news Market dynamics indicate simultaneous growth and correction phases across major coins.
Trading volume and liquidity remain crucial indicators for trend persistence.
##@ views Technical analysis on TradingView suggests potential buy signals for BTC and ETH based on historical patterns.
@next motive Altcoin season may be on the horizon, with coins like BNB and XRP potentially outperforming BTC.
#news Macroeconomic factors and regulatory news significantly impact crypto market trends.
@#wallets Investors are advised to watch market dynamics closely and diversify portfolios to mitigate risks.
@core; Ethereum (ETH) leads altcoins with strong DeFi and NFT adoption, driving consistent growth.
Binance Coin (BNB) shows resilience through Binanceās expanding ecosystem and burning mechanisms.
==>XRP struggles with regulatory uncertainty but maintains a strong presence in cross-border payment solutions.
@news Market dynamics indicate simultaneous growth and correction phases across major coins.
Trading volume and liquidity remain crucial indicators for trend persistence.
##@ views Technical analysis on TradingView suggests potential buy signals for BTC and ETH based on historical patterns.
@next motive Altcoin season may be on the horizon, with coins like BNB and XRP potentially outperforming BTC.
#news Macroeconomic factors and regulatory news significantly impact crypto market trends.
@#wallets Investors are advised to watch market dynamics closely and diversify portfolios to mitigate risks.
ššš Web Registry GoDaddy, #Ethereum Name Service Connect Domain Names With Crypto #wallets
The Ethereum Name Service (#ENS ), a domain name protocol operating on Ethereum, has struck a deal with GoDaddy, allowing users to link internet domains to their ENS addresses at no cost.
While mainstream companies slowed their adoption of Web3 during the bear market, this agreement between ENS and GoDaddy, the largest internet domain registry, suggests a renewed interest in bridging #blockchainā and traditional technologies.
Nick Johnson, ENS founder, illustrated the significance of this partnership by explaining how someone like BeyoncƩ could set up a wallet using her domain Beyonce.xyz on GoDaddy's platform, effectively making it her wallet identifier.
The ultimate goal is to expand beyond Ethereum and integrate more chains. Johnson envisions a future where users can set up text records for their .xyz or .com domains, creating a Web3 profile across various chains.
Despite an ongoing legal dispute with GoDaddy regarding the sale of the ENS domain "eth.link," Johnson emphasizes that disagreements on one issue don't preclude collaboration on others. The case remains unresolved in court.
Johnson advocates for embracing existing systems rather than reinventing everything from scratch. He believes that naming and Web3 are more effective when built upon existing infrastructure rather than trying to discard legacy systems.
Source - coindesk.comĀ
#CryptoNews
The Ethereum Name Service (#ENS ), a domain name protocol operating on Ethereum, has struck a deal with GoDaddy, allowing users to link internet domains to their ENS addresses at no cost.
While mainstream companies slowed their adoption of Web3 during the bear market, this agreement between ENS and GoDaddy, the largest internet domain registry, suggests a renewed interest in bridging #blockchainā and traditional technologies.
Nick Johnson, ENS founder, illustrated the significance of this partnership by explaining how someone like BeyoncƩ could set up a wallet using her domain Beyonce.xyz on GoDaddy's platform, effectively making it her wallet identifier.
The ultimate goal is to expand beyond Ethereum and integrate more chains. Johnson envisions a future where users can set up text records for their .xyz or .com domains, creating a Web3 profile across various chains.
Despite an ongoing legal dispute with GoDaddy regarding the sale of the ENS domain "eth.link," Johnson emphasizes that disagreements on one issue don't preclude collaboration on others. The case remains unresolved in court.
Johnson advocates for embracing existing systems rather than reinventing everything from scratch. He believes that naming and Web3 are more effective when built upon existing infrastructure rather than trying to discard legacy systems.
Source - coindesk.comĀ
#CryptoNews
See original
Cryptocurrencies have targets of 10-20x
šššššššššš
šššššššš
Ethereum š
$ETH
Will be the market leader one day and has very big goals and is positive on
Average duration as soon as Ethereum rises
It will pull the altcoins with it and an explosion will begin everywhere, and the bar candles that erase months of decline will turn
Green, which supports my view on the
Altcoins and the doubles we are waiting for
And this means that there is š a new peak
For the altcoins above ā¬ļø the peak of March
2024
š„š„š„š„š„š„
Its targets are shown on the chart and accumulation areas as well
#walltconnect
#wallets
#WCTToken
#BinanceSquare
$WCT
šššššššššš
šššššššš
Ethereum š
$ETH
Will be the market leader one day and has very big goals and is positive on
Average duration as soon as Ethereum rises
It will pull the altcoins with it and an explosion will begin everywhere, and the bar candles that erase months of decline will turn
Green, which supports my view on the
Altcoins and the doubles we are waiting for
And this means that there is š a new peak
For the altcoins above ā¬ļø the peak of March
2024
š„š„š„š„š„š„
Its targets are shown on the chart and accumulation areas as well
#walltconnect
#wallets
#WCTToken
#BinanceSquare
$WCT
Is the #watercoin team selling WATER?
We noticed that the dev transferred 844.44M #WATER to 11 new wallets that didn't participate in the pre-sale.
These 11 #wallets are selling WATER and have obtained more than 18,600 #SOL ($2.35M) by selling WATER!
We noticed that the dev transferred 844.44M #WATER to 11 new wallets that didn't participate in the pre-sale.
These 11 #wallets are selling WATER and have obtained more than 18,600 #SOL ($2.35M) by selling WATER!
Whale Activity Alert ā $TRUMP Sell-Off
Two major whale #wallets just exited TRUMP positions, offloading a total of 765,128 tokens ($8.58M) ā incurring a combined realized loss of $2.34M within the past 5 hours.
š» Wallet 3kjP9LTM7RLUtUJkcmBdL3w6q5AuiqRtMPDiQKqeFzB3:
ā¶ļø Previously realized $196K in gains on TRUMP
ā¶ļø Recently sold 337,560 #TRUMP ($3.81M)
ā¶ļø Incurred a net loss of $1.38M on this exit
š» Wallet 7X6Vun2miUm6Hxy6QyL124wmkLn3QjWaPRGhiRvCcShS:
ā¶ļø Previously realized $732K in gains
ā¶ļø Just sold 427,568 TRUMP ($4.77M)
ā¶ļø Booked a net loss of $961K
š Both whales not only reversed their entire profit history ā they also liquidated at a combined capital loss of ~$1.42M beyond their previous gains.
Buy and Trade $TRUMP here
#DigitalAssetBill @WISE PUMPS
Two major whale #wallets just exited TRUMP positions, offloading a total of 765,128 tokens ($8.58M) ā incurring a combined realized loss of $2.34M within the past 5 hours.
š» Wallet 3kjP9LTM7RLUtUJkcmBdL3w6q5AuiqRtMPDiQKqeFzB3:
ā¶ļø Previously realized $196K in gains on TRUMP
ā¶ļø Recently sold 337,560 #TRUMP ($3.81M)
ā¶ļø Incurred a net loss of $1.38M on this exit
š» Wallet 7X6Vun2miUm6Hxy6QyL124wmkLn3QjWaPRGhiRvCcShS:
ā¶ļø Previously realized $732K in gains
ā¶ļø Just sold 427,568 TRUMP ($4.77M)
ā¶ļø Booked a net loss of $961K
š Both whales not only reversed their entire profit history ā they also liquidated at a combined capital loss of ~$1.42M beyond their previous gains.
Buy and Trade $TRUMP here
#DigitalAssetBill @WISE PUMPS
See original
How to use decentralized wallets and avoid risks
Non-custodial wallets, like MetaMask, Trust Wallet, and Ledger, allow you to manage your cryptocurrencies without intermediaries. This gives you greater control, but it also entails greater responsibility.
Key tips for using them safely:
Keep your seed phrase secure: Never share it or store it online. Write it down on paper and keep it in a safe place.
Verify contract addresses: Before connecting your wallet to a DApp, check that the contract is legitimate.
Enable security measures: Some wallets allow you to set up an additional password or two-factor authentication.
Use hardware wallets for large amounts: If you have a significant investment, a cold wallet like Ledger or Trezor is the safest option.
In the crypto world, you are your own bank. Security should be your priority!
$HBAR
#wallets
Non-custodial wallets, like MetaMask, Trust Wallet, and Ledger, allow you to manage your cryptocurrencies without intermediaries. This gives you greater control, but it also entails greater responsibility.
Key tips for using them safely:
Keep your seed phrase secure: Never share it or store it online. Write it down on paper and keep it in a safe place.
Verify contract addresses: Before connecting your wallet to a DApp, check that the contract is legitimate.
Enable security measures: Some wallets allow you to set up an additional password or two-factor authentication.
Use hardware wallets for large amounts: If you have a significant investment, a cold wallet like Ledger or Trezor is the safest option.
In the crypto world, you are your own bank. Security should be your priority!
$HBAR
#wallets
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