How to get The Most Out of your Ethereum Classic Wallet

How to get The Most Out of your Ethereum Classic Wallet

ETC is more than just blockchain. It has users and creators and is currently being used to solve a ton of real-world problems of interconnecting devices and people.

 
How to get The Most Out of your Ethereum Classic Wallet

Before we get to how you can make the most out of your Ethereum Classic Wallet, let’s cover some basics. Ethereum classic is a smarter version of blockchain that allows people to transfer crypto coins and allows for complex contracts that operate autonomously which cannot be modified. ETC can do everything that blockchain can and more.

ETC is more than just blockchain. It has users and creators and is currently being used to solve a ton of real-world problems of interconnecting devices and people.

So, why should you choose Ethereum Classic?

  1. The community is open to all
  2. It has been operating quite reliably for some time.
  3. Numerous sources of funding

Hardware wallets are highly recommended for storing ETC. They are the most secure. If you don’t want to invest in one, use a reliable hot wallet.

Here are 5 of the best Ethereum Classic wallets and how you can get the most out of it.

  1. Ledger Nano S

A hardware wallet developed by a French start-up, the Ledger Nano S is a great buy if you are serious about ETC.

Not only do you get offline private keys, but you also get a sleek cryptocurrency converter as it supports over 22 currencies.

You can use the Ledger Nano S even if the computer is infected with malware. So, if you are ever unsure if the computer you’re using is infected, the Ledger Nano S is your best bet. You can also add a extra layer of security with the backup seed keys and the PIN code feature in case your wallet gets lost or stolen.

  1. Trezor

A pioneer in the hardware wallets for cryptocurrencies, Trezor gets all the essentials right. You can check the ETC/BTC chart to see the best exchange rates as Trezor supports a multitude of cryptocurrencies. The OLED screen makes it easy for you to see what recent transactions you’ve made. Just like the Ledger, Trezor can be used even if your computer is infected with malware.

Trezor can also be operated on Android devices through apps like the TREZOR Wallet, Multibit HD and Mycelium.

  1. Coinomi

Based out of the UK, Coinomi is also a very popular choice. Your private keys are always kept private and you can quickly restore your wallet using the seed keys. There is an inbuilt coin exchange integration with ShapeShift and Changelly which is not a common feature in most wallets. Only Android users can use Coinomi for now.

  1. Atomic Wallet

This is an all-in-one wallet that allows you to enable, store, manage and exchange cryptocurrency and is completely decentralized to keep all your funds safe and secure. This is available only on the desktop for now.

  1. Jaxx

A product of Canada based startup, Jaxx doesn’t require registration allowing full anonymity. Since it is not hosted, keeping the seed key secure is the user’s responsibility. It is available as an app and on the desktop.

Most wallets are available on the desktop or as an Android app. If you are primarily an iOS user, you should make sure that the wallet you intend to choose maintains and develops the app for iOS as well. Compare the security, privacy and potential exchange rates before investing in a wallet.

To join us on Facebook Click Here and Subscribe to UdaipurTimes Broadcast channels on   GoogleNews |  Telegram |  Signal