Extensions Archives - ApBe-Psw https://bepswap.com/category/extensions/ About applications for cryptocurrencies Thu, 20 Feb 2025 14:01:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.2 https://bepswap.com/wp-content/uploads/2022/09/cropped-ehdpvjoo_11-32x32.png Extensions Archives - ApBe-Psw https://bepswap.com/category/extensions/ 32 32 How to Choose the Best Forex Broker in Nigeria https://bepswap.com/how-to-choose-the-best-forex-broker-in-nigeria/ Thu, 20 Feb 2025 14:01:17 +0000 https://bepswap.com/?p=246 Forex trading has gained massive popularity in Nigeria over the past decade, attracting both seasoned traders and beginners looking to enter the market. However, choosing the right Forex Broker Nigeria is crucial to success. A reliable broker provides a seamless trading experience, competitive spreads, and robust trading tools. Whether you are engaging in day trading […]

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Forex trading has gained massive popularity in Nigeria over the past decade, attracting both seasoned traders and beginners looking to enter the market. However, choosing the right Forex Broker Nigeria is crucial to success. A reliable broker provides a seamless trading experience, competitive spreads, and robust trading tools. Whether you are engaging in day trading or prefer swing trading, the broker you choose will significantly impact your profits and risk management. This guide will explore the critical factors to consider when selecting a Forex broker in Nigeria.

As a trader, it is essential to focus on key aspects such as regulation, trading platforms, account types, and customer support when choosing a Forex Broker Nigeria. Those involved in swing trading need brokers that offer flexibility, reliable execution, and competitive overnight swap rates. Let’s dive into the details of what makes a Forex broker suitable for Nigerian traders and how to make the right choice.


Regulatory Compliance and Security

The first and most crucial aspect to consider when choosing a Forex broker in Nigeria is regulatory compliance. The forex market is decentralized, meaning that numerous brokers operate under different regulatory authorities. It is essential to ensure that the broker you select is well-regulated by a recognized financial authority to guarantee the security of your funds.

Why Regulation Matters

A regulated broker follows strict guidelines that ensure transparency and fairness. In Nigeria, the Securities and Exchange Commission (SEC) oversees financial markets, but most Forex brokers operate under international regulatory bodies such as:

  • Financial Conduct Authority (FCA) – UK
  • Australian Securities and Investments Commission (ASIC) – Australia
  • Cyprus Securities and Exchange Commission (CySEC) – Cyprus
  • Financial Sector Conduct Authority (FSCA) – South Africa

A broker regulated by one or more of these authorities adheres to financial standards that protect traders from fraud, manipulation, and insolvency.

How to Verify Broker Regulation

  • Visit the broker’s website and check their regulatory status.
  • Cross-check the broker’s registration number with the regulatory body’s official website.
  • Read user reviews and experiences regarding security and transparency.

If a broker lacks regulation or is only registered in offshore jurisdictions with weak financial oversight, it is best to avoid them to prevent potential risks.


Trading Platform and Tools

A Forex broker’s trading platform is your primary interface for executing trades, conducting analysis, and managing risk. The best Forex Broker Nigeria should provide an intuitive and user-friendly platform that caters to different trading styles, including swing trading and day trading.

Popular Trading Platforms

  1. MetaTrader 4 (MT4) – One of the most widely used platforms known for its simplicity, customizability, and advanced charting tools.
  2. MetaTrader 5 (MT5) – An upgraded version of MT4, featuring more timeframes, additional order types, and a built-in economic calendar.
  3. cTrader – Offers enhanced trading features, including depth of market (DOM) and advanced charting.
  4. Proprietary Platforms – Some brokers develop their own platforms, which may provide unique features tailored to their clients.

Essential Trading Tools

  • Technical Indicators – Moving averages, Bollinger Bands, and Fibonacci retracement for market analysis.
  • Risk Management Features – Stop-loss, take-profit, and negative balance protection.
  • Mobile Trading – A good broker should offer a mobile app for traders who need to manage trades on the go.
  • Automated Trading – The ability to use expert advisors (EAs) and trading bots.

Before opening an account, it is advisable to test the broker’s trading platform using a demo account to ensure it meets your needs.


Trading Conditions and Account Types

Forex brokers offer different account types to accommodate various trader preferences. When selecting a Forex Broker Nigeria, it is important to analyze trading conditions such as spreads, leverage, commissions, and minimum deposit requirements.

Types of Trading Accounts

  • Standard Account – Offers fixed or variable spreads without commissions.
  • ECN Account – Provides direct market access with raw spreads but charges a commission per trade.
  • Islamic Account – Swap-free accounts designed for traders following Islamic finance principles.
  • Cent/Micro Account – Ideal for beginners with smaller trade sizes and lower risk exposure.

Key Trading Conditions to Consider

  1. Spreads and Commissions – Tight spreads and low commissions are essential for maximizing profits.
  2. Leverage – While high leverage allows bigger trade positions, it also increases risk. Nigerian traders should ensure they use responsible leverage levels.
  3. Minimum Deposit – Some brokers allow trading with as little as $10, while others require higher deposits.
  4. Order Execution Speed – A fast and reliable execution speed minimizes slippage, especially for scalpers and high-frequency traders.
  5. Overnight Swap Rates – Important for traders engaging in swing trading, as they impact holding costs for longer-term trades.

Choosing a broker with favorable trading conditions ensures a smoother trading experience and increases profitability.


Customer Support and Local Payment Methods

A crucial factor that many traders overlook when choosing a Forex broker is the quality of customer support and the availability of local deposit and withdrawal options. A broker that offers responsive support and convenient payment methods can significantly enhance your trading experience.

Customer Support Considerations

  • Availability – A good broker should provide 24/5 or 24/7 customer service.
  • Communication Channels – Support should be available via live chat, email, phone, and social media.
  • Language Support – Nigerian traders should look for brokers that offer customer service in English and potentially local languages.
  • Responsiveness – Test the broker’s response time before opening an account.

Local Payment Methods

Since international payment options may not always be convenient, choosing a broker that supports Nigerian-friendly deposit and withdrawal methods is essential. Common payment options include:

  • Bank transfers to Nigerian banks
  • Debit/credit cards (Visa, Mastercard)
  • E-wallets like Skrill, Neteller, and PayPal
  • Cryptocurrency payments (Bitcoin, Ethereum, USDT)
  • Mobile money services

Fast withdrawals and low transaction fees are key factors to consider when evaluating a broker’s payment system.


Conclusion

Selecting the best Forex Broker Nigeria requires thorough research and consideration of factors such as regulation, trading platforms, trading conditions, and customer support. Whether you are a beginner or an experienced trader engaging in swing trading, choosing a reliable and well-regulated broker will improve your trading success and overall experience.

By ensuring that your chosen broker meets high security standards, offers a user-friendly trading environment, and provides favorable trading conditions, you can confidently navigate the forex market. Always test a broker using a demo account before committing real funds, and continuously evaluate their services to ensure they align with your trading goals. With the right broker, you can take advantage of the lucrative forex market while minimizing risks and maximizing profits.

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11Croco Casino: A Frontrunner in Online Gaming and Cryptocurrency Innovation https://bepswap.com/11croco-casino-a-frontrunner-in-online-gaming-and-cryptocurrency-innovation/ Tue, 04 Feb 2025 12:58:01 +0000 https://bepswap.com/?p=242 11Croco Casino has emerged as a leader in the online casino industry, continuously innovating to deliver an exceptional gaming experience to its players. By leveraging advanced technology, providing an extensive game selection, and integrating cryptocurrency applications, 11Croco Casino is transforming the way people enjoy online casino entertainment. This article will highlight the distinctive features and […]

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11Croco Casino has emerged as a leader in the online casino industry, continuously innovating to deliver an exceptional gaming experience to its players. By leveraging advanced technology, providing an extensive game selection, and integrating cryptocurrency applications, 11Croco Casino is transforming the way people enjoy online casino entertainment. This article will highlight the distinctive features and crypto-friendly offerings that make 11Croco Casino the go-to platform for discerning players and digital asset users across the globe.

Innovative Features That Distinguish 11Croco Casino

  • Extensive Game Library: Boasting over 2,000 games from top-tier providers, 11Croco Casino presents an unmatched variety of slots, table games, and live dealer options.
  • Cryptocurrency Compatibility: 11Croco Casino embraces the future of finance by supporting a wide array of cryptocurrencies, facilitating swift, secure, and discreet transactions. Players can use Bitcoin, Ethereum, USDT, and other digital assets for deposits and withdrawals.
  • Decentralized Payment Solutions: The integration of blockchain technology ensures transparent, fast, and fee-efficient transactions, allowing players to avoid traditional banking delays.
  • Immersive Live Casino: The cutting-edge live casino at 11Croco brings the genuine atmosphere of a brick-and-mortar casino to your device, featuring professional dealers and superior streaming quality.
  • Generous Bonuses and Promotions: 11Croco Casino provides some of the most generous bonuses in the industry, including crypto-exclusive welcome packages, reload bonuses, and cashback offers.
  • Seamless Mobile Optimization: The casino’s fully responsive interface guarantees a smooth gaming experience across all devices, enabling players to access their preferred games on the move.

11Croco Casino has also made notable progress in broadening its global presence. The casino has recently extended its services to players in the Philippines, delivering a superior casino online Philippines experience tailored to the specific preferences of Filipino players. This expansion demonstrates 11Croco Casino’s dedication to bringing its groundbreaking platform to a broader audience, allowing players worldwide to benefit from its state-of-the-art technology and exceptional offerings.

Unwavering Dedication to Fair Play and Responsible Gaming

11Croco Casino’s commitment to innovation is paralleled by its steadfast dedication to fair play and responsible gaming. The casino utilizes advanced encryption technology to safeguard players’ personal and financial data, guaranteeing a secure gaming environment. Moreover, all games at 11Croco Casino undergo regular audits by independent third-party organizations to ensure fair outcomes and random results.

11Croco Casino also encourages responsible gaming by equipping players with tools to establish deposit limits, take breaks, and self-exclude when necessary. The casino’s customer support team is well-trained to assist players who may be grappling with problem gambling, providing resources and guidance to help them regain control.

Shaping the Future of Online Gaming with 11Croco Casino

As 11Croco Casino persists in innovating and expanding, it is well-positioned to mold the future of the online gaming industry. With its emphasis on advanced technology, player satisfaction, and responsible gaming, 11Croco Casino establishes the benchmark for what a modern online casino should aspire to be. As an increasing number of players uncover the unrivaled gaming experience provided by 11Croco Casino, it is evident that this pioneering platform will continue to revolutionize the world of online casino entertainment for the foreseeable future.

In a world where online gaming is constantly evolving, 11Croco Casino stands out as a beacon of innovation, setting new standards for the industry. With its commitment to providing players with the latest technology, an extensive game selection, and a safe, fair gaming environment, 11Croco Casino is poised to remain at the forefront of the online casino landscape. As more and more players discover the benefits of this cutting-edge platform, it is clear that 11Croco Casino will continue to shape the future of online gaming, offering an unparalleled experience for players worldwide.

As the adoption of cryptocurrencies continues to rise, 11Croco Casino remains at the forefront of this evolution by integrating innovative blockchain solutions. The platform is actively exploring the potential of NFTs (non-fungible tokens) for exclusive in-game assets, as well as smart contract-based gaming to ensure provably fair outcomes. With an emphasis on security, transparency, and player engagement, 11Croco Casino is setting a new standard for online gaming, where digital assets and entertainment seamlessly intersect.

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A Comparative Odyssey: Python, JavaScript, and Go https://bepswap.com/a-comparative-odyssey-python-javascript-and-go/ Thu, 08 Aug 2024 14:29:09 +0000 https://bepswap.com/?p=221 In the sprawling digital expanse, where myriad programming languages coalesce, Python, JavaScript, and Go stand out as titans of contemporary codecraft. Each brings its unique allure and utility, sculpting the landscape of modern programming with distinct paradigms and capabilities. To appreciate their differences is to delve into the very essence of their design philosophies and […]

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In the sprawling digital expanse, where myriad programming languages coalesce, Python, JavaScript, and Go stand out as titans of contemporary codecraft. Each brings its unique allure and utility, sculpting the landscape of modern programming with distinct paradigms and capabilities. To appreciate their differences is to delve into the very essence of their design philosophies and practical applications.

Python: The Virtuoso of Versatility

Python, often hailed as the lingua franca of programming, is celebrated for its elegant simplicity and versatile prowess. Its syntax, imbued with clarity and readability, renders it an ideal instrument for both novices and seasoned developers. This language’s design ethos, championed by Guido van Rossum, prioritizes code readability and developer efficiency, enabling rapid prototyping and a breadth of applications from web development to data science.

The zen of Python is encapsulated in its philosophy of “There should be one—and preferably only one—obvious way to do it.” This dictum fosters a coding environment where explicitness trumps ambiguity. Python’s expansive standard library further amplifies its utility, offering a treasure trove of pre-built modules that streamline development processes.

Moreover, Python’s dynamic typing and interpreted nature facilitate a flexible and iterative approach to programming. This adaptability, while occasionally criticized for performance bottlenecks, is mitigated by the language’s robust ecosystem of third-party libraries and frameworks like Django and Flask, which propel it to the forefront of web and application development.

JavaScript: The Architect of the Web

JavaScript, the venerated architect of interactive web experiences, operates at the confluence of client-side and server-side programming. Its omnipresence in web browsers underscores its pivotal role in crafting dynamic, responsive interfaces. Born from Brendan Eich’s ingenuity at Netscape, JavaScript has evolved from a scripting language into a full-fledged platform through environments like Node.js.

JavaScript’s asynchronous prowess, facilitated by its event-driven model and the advent of promises and async/await constructs, enables developers to orchestrate intricate user interactions with fluidity and responsiveness. The language’s versatility extends to its vast ecosystem of frameworks and libraries—such as React, Angular, and Vue.js—that empower developers to construct sophisticated web applications with relative ease.

Yet, JavaScript’s idiosyncratic quirks, such as its loose type coercion and prototype-based inheritance, can present challenges. However, these very characteristics contribute to its adaptability and the innovative solutions crafted within its domain. Asynchronous programming, along with the burgeoning ecosystem of tools and frameworks, ensures JavaScript remains a cornerstone of modern web development.

Go: The Minimalist’s Marvel

In stark contrast to Python’s expansive versatility and JavaScript’s dynamic breadth, Go—affectionately known as Golang—embodies a philosophy of minimalism and efficiency. Conceived by Google engineers Robert Griesemer, Rob Pike, and Ken Thompson, Go’s design principles emphasize simplicity, performance, and concurrency.

Go’s syntax is purposefully streamlined, eschewing the complexity of inheritance and generics in favor of a more straightforward approach. Its statically typed nature, coupled with its compiled status, ensures optimal performance and robustness. The language’s concurrency model, encapsulated by goroutines and channels, facilitates the development of scalable, high-performance applications with ease.

The simplicity of Go’s design does not equate to a lack of power; rather, it reflects a deliberate choice to prioritize clarity and efficiency. The language’s built-in tooling, such as go fmt for code formatting and go vet for static analysis, embodies its commitment to maintainable and reliable code.

Convergence and Divergence

In comparing Python, JavaScript, and Go, one discerns both convergence and divergence in their capabilities and design philosophies. Python excels in versatility and rapid development, making it a preferred choice for data-centric and general-purpose applications. JavaScript, with its unrivaled role in web development, offers unparalleled flexibility in crafting interactive and asynchronous web experiences. Go, with its minimalist design and robust concurrency support, stands as a paragon of performance and simplicity in system-level programming.

Each language, while distinct in its approach and domain, contributes uniquely to the programming ecosystem. Understanding these differences empowers developers to select the most appropriate tool for their specific requirements, ensuring that each project is approached with the optimal blend of functionality and efficiency.

In essence, Python, JavaScript, and Go represent the diverse tapestry of modern programming, each weaving its own thread into the intricate fabric of digital innovation. Their unique characteristics and philosophies continue to shape the future of software development, affirming their enduring relevance and transformative impact.

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Best Places to Earn Interest on Crypto – What Is the Best Way to Get Crypto Rewards? https://bepswap.com/best-places-to-earn-interest-on-crypto-what-is-the-best-way-to-get-crypto-rewards/ Fri, 04 Nov 2022 12:27:45 +0000 https://bepswap.com/?p=114 There are a variety of ways one can benefit from crypto – trading, staking, holding, buying derivatives, etc. In this article, we’ll focus on one of the most popular and profitable ways to earn interest on crypto – exchanges. Cryptocurrency exchanges are platforms where users can buy and sell digital assets for other assets, such […]

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There are a variety of ways one can benefit from crypto – trading, staking, holding, buying derivatives, etc. In this article, we’ll focus on one of the most popular and profitable ways to earn interest on crypto – exchanges.

Cryptocurrency exchanges are platforms where users can buy and sell digital assets for other assets, such as fiat currencies or other cryptocurrencies. Crypto exchanges usually work by matching buyers and sellers of cryptocurrencies. For example, if someone wants to sell Bitcoin, they will find a buyer who is willing to pay the asking price. The exchange will then take a cut of the transaction as a fee. The best decentralized exchanges also offer other benefits, such as discounts on trading fees, staking rewards, and airdrops. We will give an overview of how crypto exchanges work and will try to figure out the best places to earn interest on crypto.

If you’re looking for a way to grow your cryptocurrency holdings, then earning interest on your coins could be a good option for you. With a crypto account, you can earn a passive income stream that can help you to offset some of the losses that you may experience during periods of market volatility. Before you decide to open a crypto account, though, be sure to do your research and compare the different options that are available in order to find the best wallet for your needs.

How different are centralized exchanges from decentralized ones?

Centralized exchanges offer an intermediary service between buyers and sellers of crypto assets. The company holds your funds, so they’re not fully decentralized like DEXs (decentralized exchanges). Some popular centralized exchanges include MyCointainer, Binance, and Coinbase which are available in many countries around the world.

Decentralized exchanges have been a popular alternative for those looking to avoid third-party service providers. They are often more secure and offer better rewards than their centralized counterparts, with some examples being the dYdX exchange which allows you to trade directly between peers on its platform without having your funds held by an intermediary like Coinbase or Kraken; Dexilon lets users engage in crypto markets just as quickly but with greater security through escrow mechanisms built into each transaction stage.

Centralized and decentralized exchanges have their pros and cons. For example, if you want to trade on an exchange without leaking your private key then a centralized one is better because of its KYC which means no third parties can get access or forge coins for you. However, there’s still less security when trading with this type as hackers could attack from outside the network – so don’t rely solely upon them. Decentralized systems provide more safety by designating certain nodes within each cryptocurrency system where users store funds.

Best decentralized crypto exchange and the freedom you can get when you choose them over CEXs

There are a number of advantages to using decentralized exchanges. These include improved transparency and reduced fees – but what is the best decentralized exchange? Let’s take an in-depth look at three popular options and let you decide what is the best decentralized cryptocurrency exchange:

1. dYdX

dYdX is a cryptocurrency exchange that uses crowdsourced liquidity to maintain positions requiring collateral. This means all participants’ funds are pulled from one shared pool, which makes it possible for more people than just traders on the site can provide assistance when needed in times of high demand or shortage. This innovative approach has been very successful so far – they were able to achieve rapid growth thanks largely because investors saw the great potential early in their idea.

2.Binance DEX

The Binance DEX is a decentralized exchange built on a one-of-a-kind, high-performing, and very secure blockchain. It’s designed to offer low fees (especially when compared with other centralized trading platforms), and rapid execution speeds all while maintaining user-friendliness for those who may not be as experienced traders as yourself.

3.Dexilon

Dexilon is a new decentralized crypto exchange that promises low latency order execution, competitive fees, and gasless order requests for users. Custody, trade registry, and risk management are conducted on a custom-built blockchain, and the Dexilon token has powerful tokenomics and deflation. The current fee structure of the network is very competitive, with no gas costs. The taker rate ranges from 1,5 to 5 bps, whereas there is a rebate of 1 bps depending on trade volume (20% of this difference is an oracle reward). Overall, it can be considered the best decentralized exchange for crypto with no KYC requirements and unreasonable fees, which can be the answer to all of your crypto trading needs.

Best centralized exchange to buy crypto – you don’t mind the control but prefer a wider range of features and ease of use?

Centralized exchanges are a popular way for investors to buy crypto. However, not all of these centralized platforms have equal features and benefits which can make it difficult when choosing an exchange where you will store your funds securely as well as be able to trade quickly with minimal fees! If you ask us what is the best centralized exchange, some great options include Binance (the most liquidity), and MyCointainer if high-volume trading is what you need alongside security features such as Coinbase. However, please read some reviews and watch videos to choose the best CEX exchange to buy crypto.

1.Binance

Binance offers one of the best experiences for traders. The exchange’s high liquidity and a wide variety of assets make it an attractive destination, not just to buy but also to sell when prices are lower than they might be on other exchanges! Those looking specifically at centralized cryptocurrency trading platforms will also really enjoy its user-friendly interface for both the mobile app and the desktop version – little things which will help new users feel confident right away while using their service.

2.MyCointainer

MyCointainer is a universal exchange with a variety of coins to trade. What is one of the coolest things about MyCointainer? You can have an account that offers interest without any additional work, just by holding your cryptocurrencies in a wallet. There’s also staking and cold staking available for those who prefer them over other methods – but there might be something else worth checking out too: buy some coins then let them grow while you sit back and relax knowing they’re earning their keep so far away from bothersome fees.

3.Coinbase

Coinbase is a great choice for those looking to trade digital currencies. One of the biggest advantages of using Coinbase, aside from its high degree of security and safety features that make it a highly regulated exchange? It’s also user-friendly! With an easy platform that provides straightforward information on all aspects related to trading cryptocurrencies in one place – including how much money you’ll need if this were truly your first time doing so.

The future of cryptocurrency is still up for grabs. However, there are some exchanges that have stood out in recent years and can be considered the best CEX cryptocurrency exchange available today – though it’s important to consider your needs when deciding which one will serve you better.

Best CEX exchange or best DEX exchange – conclusions

Centralized exchanges are great if you want an easy-to-use interface with reliable service. Decentralized exchanges on the other hand offer more freedom and anonymity. Our advice would ultimately depend upon what type of person is going through this process: whether they’re looking for control over their funds or simply prefer convenience to everything else. Sometimes even the best CEX crypto exchange will not be able to give you the range of features the best DEX crypto exchange can provide – just because there’s more freedom to do things. So we’ll let you decide on your perfect one.

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Types of cryptocurrency wallets https://bepswap.com/types-of-cryptocurrency-wallets/ Thu, 16 Sep 2021 13:20:00 +0000 https://bepswap.com/?p=54 This category includes all wallets that can only be accessed through a computer browser. They can be specialized online services for operating or using digital assets.

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Online Wallets
This category includes all wallets that can only be accessed through a computer browser. They can be specialized online services for operating or using digital assets. In addition, online wallets include all accounts of cryptocurrency exchanges.

One should keep in mind that all user assets stored in an online wallet are under the control of the company that provides the wallet. Therefore, before you start using such a service, you need to study it carefully to understand how reliable it is.

Browser Extensions
This is lightweight software that is created as an extension for the browser. Such wallets are quite convenient to use. There are services in the cryptocurrency market that can only be accessed through a browser wallet.

In contrast to online wallets, they assume that the user himself must control the security of his device. If the computer gets infected with malware, hackers can steal the entire contents of the browser wallet.

In any case, it is necessary to save the private key on a separate medium. Then, if necessary, you can restore access to the wallet through another device.

Easy Wallets
In most cases, hot wallets don’t involve downloading the entire blockchain. Most often, they are lightweight software that is installed on a PC or mobile device. It is used only to store keys and provide connectivity to the decentralized network.

Standardly, such a wallet allows you to receive and send cryptocurrency, it may have additional functions. When working with such software, it is important to keep private keys to be able to restore access to the account from another device.

Cold Wallets
Cold wallets are most often chosen by people who work with large sums of money, or plan to store cryptocurrency for a long time. Therefore, they need reliable storage, as well as protection against theft and loss of funds.

Downloadable wallets.
The classic version of a cold wallet involves downloading the entire blockchain to your computer. Take bitcoin as an example – today its blockchain size reaches 400 GB. Many users also use lightweight wallets for this purpose. In addition, there are versions for smartphones and tablets.

Once such a wallet is installed, the device is disconnected from the network and is rarely used for transactions thereafter. If the device is not unplugged, it cannot be considered cold storage.

Many users believe that the best cold storage wallets are those developed by the creators of a particular cryptocurrency. And software from third-party developers is considered less reliable. This is not the case. There are platforms that store bitcoins with just as high security.

Hardware wallets
A hardware wallet is a small device that is designed to securely store private keys as well as conduct transactions. They are considered cold because they are not connected to the internet.

To make a transaction, such a wallet must be connected to a PC via USB-connector. Next, you need to specify the amount and the recipient’s account. The sending itself is confirmed by pressing the physical button on the device.

A high-quality hardware wallet guarantees that the private keys will not be stolen, even if it is connected to an infected PC.

Paper Wallet
This is probably the cheapest way to store bitcoins. At the same time, it has high security.

A wallet is a simple piece of paper with public and private keys printed on it. It is possible to place QR codes for both keys on it, if you wish.

In order to receive funds on such a purse, it is necessary to give the sender a public key. And to send cryptocurrency, it is necessary to enter a private key into any wallet and create a transaction. Both of these actions are simplified by the use of QR codes.

Multicurrency wallet
This is a separate category of cryptocurrency wallets, which involves storing different assets in one place. They come in different types: online wallets, dostktop, mobile, hardware, etc. Moreover, such wallets can be either hot or cold.

Today it is multicurrency wallets that are in maximum demand. The main reason is their convenience – if a user wants to work with different assets, he does not need to download separate wallets for each cryptocurrency.

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What browser-based cryptocurrency wallets should I install? https://bepswap.com/browser-based-cryptocurrency-wallets/ Mon, 19 Oct 2020 13:23:00 +0000 https://bepswap.com/?p=57 As you might have noticed, many of these wallets support the same blockchain, so you don't need to set up and create a new wallet for each individual network.

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Here are some examples of popular browser-based cryptocurrency wallets:

  • MetaMask. The most popular, safest, and easiest of all browser-based wallets. Supports networks: Ethereum, BSC, Fantom, Polygon, Avalanche, Arbitrum, and others.
  • С98. Multi-currency wallet, is also a good solution for almost all popular blockchains. In addition to supported MetaMask wallet networks, it also supports Solana and Near.
  • Polkadot.js. Designed for the Polkadot ecosystem and all related networks. For example, Polkadot and Kusama.
  • Trust.wallet. Reliable wallet from Binance, supports a limited number of the most popular blockchains: Ethereum, BSC. However, it is very useful as a mobile wallet.
  • Fantom. A good, simple and reliable wallet for Solana, Fantom and other blockchains.

As you might have noticed, many of these wallets support the same blockchain, so you don’t need to set up and create a new wallet for each individual network. However, it doesn’t always work that way and not with all blockchains.

The easiest, safest, most advanced and most well-known browser-based cryptocurrency wallet is Metamask. I recommend installing it, and then you can cover most of your cryptocurrency storage needs on different networks. I’ll talk about Metamask in detail in a series of upcoming articles.

Metamask really is an ideal wallet option, especially for beginners. However, it also has its disadvantages. For example, it does not support the extremely popular and in-demand Solana blockchain. So that you can work with this network as well, I recommend to download Fantom.

Metamask also doesn’t support Polkadot and Near. If you suddenly need to interact with these blockchains, you can install Polkadot.js for Polkadot and C98 for Near.

In the end, you can download and try all browser-based cryptocurrency wallets for the sake of interest. But in practice, literally 2-3 are enough to fully work with all cryptocurrencies.

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Features of cryptocurrency storage https://bepswap.com/features-of-cryptocurrency-storage/ Tue, 16 Jul 2019 13:17:00 +0000 https://bepswap.com/?p=51 Features of cryptocurrency storage

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Today, the cryptocurrency industry includes many innovative developments and promising projects, as well as a huge progressive community. But everyone who enters this market should first think about how and where to store bitcoins. And only after studying this question in detail, it is possible to start using all the advantages of decentralized technologies.

The world’s first cryptocurrency, Bitcoin, appeared in 2009. It was created by an anonymous developer under the pseudonym of Satoshi Nakamoto. He also published the first prototype of a cryptocurrency wallet – Bitcoin-qt. A little later, this wallet was renamed Bitcoin Core, and to this day it remains one of the most popular ways to store bitcoin.

Bitcoin Core is specialized software that allows you to store, receive and send digital currency. To perform such actions, you need a bundle of two special codes:

A public (public) key (address);
A private (private) key.

The wallet itself was created specifically to work with bitcoin and to use it you need to download the entire blockchain.

Also in Bitcoin Core were initially integrated and the basic principles of working with the cryptocurrency:

  • All transactions are done directly between two users.
  • You can only receive cryptocurrency by transferring it to a public address.
  • To send cryptocurrency, it is mandatory to sign the transaction with a private key.
  • Anyone can download a wallet to their computer and use it at their discretion.
  • Blockchain acts as a secure, decentralized space where bitcoins are stored. And they can be accessed from anywhere in the world. All you need to have is a private key.
  • A successful transaction cannot be undone.
  • If you want, you can see information about all accounts and transactions in a public registry.

These same features of working with cryptocurrency are preserved in modern wallets. At the same time, various developers have released many other wallets for bitcoin and other cryptocurrencies. Most have implemented new features and capabilities. Due to the characteristics of specific wallets, they have become more convenient to use for certain tasks.

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