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Huawei is the third biggest mobile phone seller and now they made the step to include a Bitcoin wallet - BTC.com crypto wallet, in their app store. Even though that might not seem as a big step, it certainly is a positive move toward adaptation of the cryptocurrencies and recognizing them. We hope that other mobile manufacturers also support the cryptocurrencies and work toward integrating them as more and more people use mobile payments on their smart devices.
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As we all know exchanges can get hacked, caн be down for a long time, can held transactions and so on, so obviously it is not a good idea to keep your coins in them at all times. But then comes the transaction prices, if we move the coins always, we pay extra for the transactions we make. Perhaps the decentralized exchanges where you can directly log in with your wallet will help solve this, as you have the control over your wallet and not the exchanges.
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Universal wallet for crypto is probably something very needed. The idea to store every coin in one single place and easily use it to trade, send & receive various coins is very tempting for us. But this also comes with the risks – if you lose your wallet or it gets hacked or stolen in some way you may lose all the coins in it, and the actual protection of the whole wallet is very difficult to achieve due to the numerous failure points that comes with each different coin. What do you guys think? Do you agree with our view?
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Yes, you should use it ! Its easier and more secure, especially with MEW.
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What is MetaMask and how it connects to your wallet ?
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Which is the best wallet for Bitcoin in your opinion ?
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Which wallets do you use for ERC20 tokens ?
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Is MyEtherWallet the best option for ERC20 tokens ?
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Which is the best altcoin wallet you use ?
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