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Politics / Re: 2face: Leave Buhari Alone, Hold Your Governors, Reps & Senators Accountable by Freelancerx: 8:32pm On Jul 28, 2022
We go hold everybody
Investment / Re: What Is P2P Cryptocurrency Trading? by Freelancerx: 12:59am On Jul 24, 2022
Okay thanks
Niswayne19:


Yeah you can still trade crypto in Nigeria. Just that it is regulated. I still trade UsDT on yellow card.
Investment / Re: Best Trending Coin And Where You Trade? by Freelancerx: 12:58am On Jul 24, 2022
check the cryptocurrency thread for tips. Word on the streets say people use Binance P2P and Yellow Card app for USDT

1 Like

Investment / Re: Top Slangs You Must Know Before You Venture Into Cryptocurrency by Freelancerx: 12:54am On Jul 24, 2022
How legit are these guys? Saw a post by them on youtube last week
Ezlynn:
This is enlightening, I got to know what WGMI stands for when I started trading on yellowcard.
Nairaland / General / Re: Know Your Crypto Lingo by Freelancerx: 12:52am On Jul 24, 2022
Thank you for this. Although, the Yellow Card academy has robust materials that teaches you abouyt crypto too
TV/Movies / Re: BBNaija Haters: Why Do You Dislike The Show? by Freelancerx: 11:04pm On Jul 23, 2022
It's a sort or entertainment I think. And while some may not agree with the show, a good number of people still follow it.

1 Like

Education / Re: Easy Ways To Identify Intelligent People by Freelancerx: 10:58pm On Jul 23, 2022
They have at least one Oraimo accessory. Be like na their trademark grin
Sports / Re: Why None Of Europe's Top Teams Want Ronaldo? by Freelancerx: 9:03pm On Jul 20, 2022
At least Manutd still wants him. He should resume and face Europa.

Make he no dey send messages to his agents to find him a club

Phones / Re: TECNO CAMON 19 Mondrian Edition Among Top 3 Interesting Phones In 2022 by Freelancerx: 8:45pm On Jul 20, 2022
This particular variant is actually very beautiful and aesthetically pleasing smiley and e go go well with my watch

Investment / Re: What’s The Best Investing Advice You’ve Ever Received? by Freelancerx: 6:55pm On Jul 20, 2022
Apart from the usual don't stake what you can't afford to lose. Recently it has to be "Check out yellow card app, they have a platform that enables you to learn about cryptocurrency and it's perks".
Jobs/Vacancies / Re: What Should I Do? Learn A Skill Or Continue Job Hunting by Freelancerx: 7:56pm On Jul 18, 2022
You can actually do both. It's just proper planning that is required.

Need a quality smartwatch? Then this is what you require

Phones / Re: Please I Need Serious Help On This Oraimo 27000mah Power Bank by Freelancerx: 7:53pm On Jul 18, 2022
Kyase:

My own reach 4 days to reach that 100% from constant all night charging
So calm down
Mine didn't even use 4 days but I know it took more than 2 days. Been enjoying it since last year
Investment / Re: Crypto Currency Investors Thread by Freelancerx: 9:09am On Jul 18, 2022
Siberia01:
grin Motivational speakers never told ya
It's harder to make money trading crypto than tinubu putting a thread into a needle
grin that's why one needs to "follow who know road" learn from some trading academies and also pros that have experience in trading crypto. It's not going to be rosy anyway. Hence why I love what Yellowcard is doing to educate people
Investment / Re: What Crypto Are You Trading Or Investing In This Week? by Freelancerx: 9:06am On Jul 18, 2022
Waiting for possible suggestions because I need to be sure before I make some trades on my Yellow Card App
Politics / Re: Ado Aleru Installed As Sarkin In Zamfara (Pictures) by Freelancerx: 9:01am On Jul 18, 2022
We have a government that isn't serious in this country. Isn't this man wanted?
Politics / Re: Adewole Adebayo: Tinubu’s Choice Of Running Mate Is Insensitive by Freelancerx: 8:44am On Jul 18, 2022
This is stale news. We know all these already and that they don't care about the unity of this country
Politics / Re: Osun Voters Mock APC: We Collected Their Money, But Voted For Adeleke (Video) by Freelancerx: 8:43am On Jul 18, 2022
People don dey wise up?
Foreign Affairs / Re: Mass Shooting At Indiana Mall. 3 Dead, 'Good Samaritan' Kills Suspect by Freelancerx: 8:18am On Jul 18, 2022
Not again sad

1 Like

Investment / Re: What Is P2P Cryptocurrency Trading? by Freelancerx: 10:40pm On Jul 17, 2022
Niswayne19:


I also use both platforms. But yellow card offers a better alternative

And please for those saying crypto has been banned it’s not true. What CBN did was to regulate it.
oh so we can still trade and it's not a crime yeah?
Investment / Re: A University Student Believes There Is More To Crypto Than Making Profits by Freelancerx: 10:29pm On Jul 17, 2022
hexenbiest:
you can enjoy the best rate with zero fees on https://yellowcard.io/
Good enough

1 Like

Politics / Re: Is Your State’s Water Board Still Functional? by Freelancerx: 10:21pm On Jul 17, 2022
Potable water is now a luxury. I'm sure most of the water corporation hardly function.

One thing that is functioning however is trading USDT on Yellow Card
Business / Re: Dollar Equals Euro For The First Time In 20 Years by Freelancerx: 8:25pm On Jul 12, 2022
Someone should help our own currency too abi it cannot equal one Euro/Dollar? grin

Business / Re: Elon Musk Replies Twitter Lawsuit Threat With A Meme Tweet[Pictures] by Freelancerx: 8:15pm On Jul 12, 2022
Let's keep observing how this one will end. One thing is certain this power bank no dey ever go off grin

Romance / Re: How Long Should I Keep Sticking Around? by Freelancerx: 5:43pm On Jul 10, 2022
Let me get your answer. Brb grin

Investment / Re: A University Student Believes There Is More To Crypto Than Making Profits by Freelancerx: 11:55pm On Jul 09, 2022
Still trying to get the best rates for USDT
Politics / Re: N82m, $36,000 Stolen In Kuje Prison During Attack Belong To Politicians by Freelancerx: 10:34pm On Jul 09, 2022
Abi dem dey trade crypto for inside the prison ni? This one weak me sha
Investment / Re: 10 Types Of Nigerian Crypto Bros You Will Meet Online by Freelancerx: 10:18pm On Jul 09, 2022
Dem plenty on this forum. Awon Crypto Bosses. Which one is Yellow Crypto Bro again lol
Nairaland / General / Re: Cryptocurrency Tips by Freelancerx: 10:06pm On Jul 09, 2022
Number 5 is very important for me. So many fake platforms outside now
Education / Re: Is It Possible To Pay Master Tuition Fees With Bitcoin by Freelancerx: 11:51am On Jul 08, 2022
How many schools have this payment options now?
Investment / What Is A Crypto Wallet And How Does It Work? by Freelancerx: 10:12am On Jul 08, 2022


Buying cryptocurrency is not enough, you need a safe place to keep it. Unlike traditional money, you cannot store crypto in the wallet you carry around in your pockets, you will need a special crypto wallet.

What Is a Crypto Wallet?

A crypto wallet can either be a software program or a physical device that allows you to store your crypto and make transactions through it. A crypto wallet can come in the form of a hardware wallet that looks like a USB stick or a mobile application like the Coinbase Wallet.

Security and storage are some of the biggest concerns when it comes to investing in crypto. If you are not careful, you might lose the currency you are holding. That is where crypto wallets come into the picture.

A crypto wallet is equipped with two sets of keys: a private key and a public key. The public key is like an address that is used by the sender to send crypto to your wallet. On the other hand, the private key is like the password to your safe deposit box in which you have stored the crypto. Anyone who has access to the private key will be able to make transactions with the crypto that you own. That is why the private key needs to be kept very carefully.

How Does a Crypto Wallet Work?

Like everything related to cryptocurrencies, the workings of a crypto wallet are also associated with the blockchain network. Blockchain is a public database that stores crypto-related data in the form of blocks. These blocks contain records of all crypto transactions and the owners of the respective keys. The software inside a crypto wallet stores these addresses and allows the holders of the crypto to make transactions with the currencies that they own.

It is very important to get the addresses right when you are sending crypto to someone. For example, if you are sending Bitcoin to a Bitcoin Cash address, your crypto and the respective funds will be misplaced.

Types of Crypto Wallets

Crypto wallets can either be hot, software wallets, which are connected to the Internet, or cold which offers an offline storage system. These wallets are categorized into the following types based on the underlying technology and the degree of safety offered by them.

Hosted Wallets

These are the most popular crypto hot wallets because of their ease of use. When you buy crypto using a third-party app like Coinbase, the currency is automatically held in a hosted wallet. These are called hosted because the service provider keeps your crypto safe for you. Keeping your crypto in a hosted wallet is a great option for people who tend to forget their passwords because the host will preserve your crypto, even if you forget your private keys. However, you would not be able to utilize all the features of your crypto when you keep it in a hosted wallet.

Self-Custody Wallets

A self-custody wallet gives you greater control over the crypto that you are holding because there is no third-party acting as the custodian. However, with great power comes great responsibility and you have to bear the burden of remembering your private key. Self-custody wallets are hot wallets that allow you to engage in advanced activities like yield farming, staking of crypto and lending and borrowing apart from the regular buy-sell transactions.

Hardware Wallets

This is a form of a cold wallet and is like a physical device resembling a large USB drive. Beginners are usually skeptical to use hardware wallets because they are complicated and expensive. However, if you can keep the private keys safe, hardware wallets are the most secure because they can keep your crypto intact even if your computer is hacked.




https://www.gobankingrates.com/investing/crypto/what-is-a-crypto-wallet/
Politics / Re: NSIA Enters Into $50m Carbon Reduction Deal With Netherland Firm, Vitol by Freelancerx: 8:58am On Jul 07, 2022
Okay grin How will this one improve quality of life and light?

Because if not fit this heavy duty power bank person for don tire

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