🚨 Recruitment for the Ambassador Program is closed.🚨
🎉 Winners of the contest:
1. https://twitter.com/ajapeace1?t=V_YtSf3WFviUf0DdHJWXDg&s=09
2. https://twitter.com/Official_Aybee?t=IA8ZZ5ANWdeC-YGXLETVeQ&s=09
3. https://twitter.com/Olatunji34431?t=WqMs8HNrWOoNOQN6NKKN9w&s=09
4. https://twitter.com/JamesOFficialBD
5. https://twitter.com/NobleJohnson2?t=Q2ZCgZF_pbuoK2gnm9amPw&s=09
6. https://twitter.com/ksuitojr
7. https://twitter.com/LaboshDavid?t=neyPwKPtT9cQeZKn-fPxoA&s=09
8. https://twitter.com/chugun_klimkin
9. https://twitter.com/Gallardo_Mati
10. https://twitter.com/SuzOkon
11. https://twitter.com/FRANCISTITUS20?t=DjQbfntuRrV0Yl_UxaCTjw&s=09
12. https://twitter.com/IammendyJ?t=2oiAIzemHqFKkFbMcJ49-A&s=09
13. https://twitter.com/EtokSitoabasi?s=09
14. https://twitter.com/BinhTrung8
15. https://twitter.com/AUmoren1
16. https://twitter.com/HaCong112/status/1514947321452138498?t=CkMliukcT-1X5BQzUQolsA&s=19
17. https://mobile.twitter.com/davoski4luv
18. https://twitter.com/stevefavour3
19. https://twitter.com/JohnnyTimm4
⚠️ If you do not find yourself in the lists, then you filled out the form incorrectly.
😉 If you didn't make the list, don't worry! There are many contests ahead of you where you are sure to win.
|Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
🎉 Winners of the contest:
1. https://twitter.com/ajapeace1?t=V_YtSf3WFviUf0DdHJWXDg&s=09
2. https://twitter.com/Official_Aybee?t=IA8ZZ5ANWdeC-YGXLETVeQ&s=09
3. https://twitter.com/Olatunji34431?t=WqMs8HNrWOoNOQN6NKKN9w&s=09
4. https://twitter.com/JamesOFficialBD
5. https://twitter.com/NobleJohnson2?t=Q2ZCgZF_pbuoK2gnm9amPw&s=09
6. https://twitter.com/ksuitojr
7. https://twitter.com/LaboshDavid?t=neyPwKPtT9cQeZKn-fPxoA&s=09
8. https://twitter.com/chugun_klimkin
9. https://twitter.com/Gallardo_Mati
10. https://twitter.com/SuzOkon
11. https://twitter.com/FRANCISTITUS20?t=DjQbfntuRrV0Yl_UxaCTjw&s=09
12. https://twitter.com/IammendyJ?t=2oiAIzemHqFKkFbMcJ49-A&s=09
13. https://twitter.com/EtokSitoabasi?s=09
14. https://twitter.com/BinhTrung8
15. https://twitter.com/AUmoren1
16. https://twitter.com/HaCong112/status/1514947321452138498?t=CkMliukcT-1X5BQzUQolsA&s=19
17. https://mobile.twitter.com/davoski4luv
18. https://twitter.com/stevefavour3
19. https://twitter.com/JohnnyTimm4
⚠️ If you do not find yourself in the lists, then you filled out the form incorrectly.
😉 If you didn't make the list, don't worry! There are many contests ahead of you where you are sure to win.
|Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
👍2
BaksDAO Blog
🤑 Meme contest! $5'000 PRIZE FUND 🤑 Contest dates: April 1 — April 30. 🏆 Prizes: — 1 WINNER for the best MEME gets 15'000 BDV. — Next TOP 1'500 winners get 1'000 BDV each. ✅ What to do? 1. Make a meme and post it on Twitter with the tag @BaksDAO. 2. Repost…
⚠️ Dear users! ⚠️
By popular demand, we have decided to end the meme contest on Sunday, April 17 at 23.59 UTC.
✅ The winners will be announced on April 22.
💪 You have just over 24 hours to create a meme or add a new one.
Warning! Make sure you fill out the form!
By popular demand, we have decided to end the meme contest on Sunday, April 17 at 23.59 UTC.
✅ The winners will be announced on April 22.
💪 You have just over 24 hours to create a meme or add a new one.
Warning! Make sure you fill out the form!
BaksDAO Blog pinned «⚠️ Dear users! ⚠️ By popular demand, we have decided to end the meme contest on Sunday, April 17 at 23.59 UTC. ✅ The winners will be announced on April 22. 💪 You have just over 24 hours to create a meme or add a new one. Warning! Make sure you fill out…»
🔥 BaksDAO Integrates Chainlink Price Feeds.
We’re excited to announce BaksDAO, a DeFi lending and borrowing platform, has integrated Chainlink Price Feeds on BNB Chain.
✅ BaksDAO is a lending and borrowing platform with a fully working product, available now on Baksdao.Finance.
👀 After reviewing various oracle solutions, we integrated Chainlink Price Feeds because they provide a multitude of critical features such as:
— High-Quality Data.
— Secure Node Operators.
— Decentralized Network.
— Reputation System.
Read more about BaksDAO, Chainlink and integration in 👉 a NEW ARTICLE.
Don't forget to clap your hands 50 times at the bottom of the article 👏
We’re excited to announce BaksDAO, a DeFi lending and borrowing platform, has integrated Chainlink Price Feeds on BNB Chain.
✅ BaksDAO is a lending and borrowing platform with a fully working product, available now on Baksdao.Finance.
👀 After reviewing various oracle solutions, we integrated Chainlink Price Feeds because they provide a multitude of critical features such as:
— High-Quality Data.
— Secure Node Operators.
— Decentralized Network.
— Reputation System.
Read more about BaksDAO, Chainlink and integration in 👉 a NEW ARTICLE.
Don't forget to clap your hands 50 times at the bottom of the article 👏
Medium
BaksDAO Integrates Chainlink Price Feeds to Help Calculate the Value of Collateral on Its DeFi Protocol
We’re excited to announce BaksDAO, a DeFi lending and borrowing platform, has integrated Chainlink Price Feeds on BNB Chain. By integrating…
👍3
💥 Launch of BaksDAO Academy!
One of our principles is the development of financial accessibility. That's why we made the important decision to launch our own academy.
✅ Already in the first course, you will be able to learn:
- Where the need for cryptocurrency came from.
- How blockchain and cryptocurrencies work.
- How centralized and decentralized services differ.
- How to use wallets and buy cryptocurrency.
- How to start getting passive income from cryptocurrency.
🧠 The peculiarity of our courses:
- It's absolutely free.
- The materials are suitable for any level of knowledge about cryptocurrency.
- Each course will contain both theoretical and practical parts.
- After completing the training, the user will clearly understand how to use cryptocurrency for profit.
To celebrate the launch of the Academy, we are also planning to launch a contest. Follow the news on our social networks. 👇
|Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
One of our principles is the development of financial accessibility. That's why we made the important decision to launch our own academy.
✅ Already in the first course, you will be able to learn:
- Where the need for cryptocurrency came from.
- How blockchain and cryptocurrencies work.
- How centralized and decentralized services differ.
- How to use wallets and buy cryptocurrency.
- How to start getting passive income from cryptocurrency.
🧠 The peculiarity of our courses:
- It's absolutely free.
- The materials are suitable for any level of knowledge about cryptocurrency.
- Each course will contain both theoretical and practical parts.
- After completing the training, the user will clearly understand how to use cryptocurrency for profit.
To celebrate the launch of the Academy, we are also planning to launch a contest. Follow the news on our social networks. 👇
|Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
🎉 BaksDAO.Finance platform is available in 5 new languages!
Available languages:
- English.
- Spanish.
- Portuguese.
- Turkish.
- Chinese.
- Indonesian.
- Russian.
✅ To celebrate the addition of new languages, we are launching a new contest:
1. Repost the post.
2. Find an error in the translation on the platform.
3. Share the error on the form.
4. Get a place in WaitList.
🔥 Go for it!
|Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
Available languages:
- English.
- Spanish.
- Portuguese.
- Turkish.
- Chinese.
- Indonesian.
- Russian.
✅ To celebrate the addition of new languages, we are launching a new contest:
1. Repost the post.
2. Find an error in the translation on the platform.
3. Share the error on the form.
4. Get a place in WaitList.
🔥 Go for it!
|Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
🔥1
📊 Chainalysis: the profit from investments in cryptocurrencies in 2021 exceeded $162 billion, the leader is the U.S.
In 2021 the profit from investments in digital assets reached $162.7 billion (in 2020 - $32.5 billion):
1st place. United States - $47.9 billion.
2nd place. United Kingdom - $8.1 billion.
3rd place. Germany - $5.8 billion.
4th place. Japan - $5.1 billion.
5th place. China - $5.1 billion.
"The report reflects the growth of the ecosystem in 2021, especially in DeFi. [...] Cryptocurrency remains a source of economic opportunity for users in emerging markets," the document states.
|Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
In 2021 the profit from investments in digital assets reached $162.7 billion (in 2020 - $32.5 billion):
1st place. United States - $47.9 billion.
2nd place. United Kingdom - $8.1 billion.
3rd place. Germany - $5.8 billion.
4th place. Japan - $5.1 billion.
5th place. China - $5.1 billion.
"The report reflects the growth of the ecosystem in 2021, especially in DeFi. [...] Cryptocurrency remains a source of economic opportunity for users in emerging markets," the document states.
|Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
✅ Results of the meme contest!
We pumped 8 abs while laughing at your memes. It was really, really hard to choose.
🏆 1st place and 15,000 BDV goes to @Ferybayan1 (https://bit.ly/3vBLjYH).
🏅There are also prizes for the 20 winners who completed all the prerequisites and filled out the form. The full list is 👉 here
Rewards will be awarded within 5 days.
🎉 Congratulations to the winners and let's laugh at the funniest ones together with us!
Website|Platform|Telegram Chat|Twitter|Facebook|Discord
We pumped 8 abs while laughing at your memes. It was really, really hard to choose.
🏆 1st place and 15,000 BDV goes to @Ferybayan1 (https://bit.ly/3vBLjYH).
🏅There are also prizes for the 20 winners who completed all the prerequisites and filled out the form. The full list is 👉 here
Rewards will be awarded within 5 days.
🎉 Congratulations to the winners and let's laugh at the funniest ones together with us!
Website|Platform|Telegram Chat|Twitter|Facebook|Discord
😁3
🥸 What is Web 3.0?
They're talking about it everywhere, but no one is saying what it is. Let's find out right now!
✅ Web 3.0 is the new age of the Internet. In total the Internet is divided into 3 eras. Let's take a closer look.
1️⃣ Web 1.0:
- The stage from 1991 to 2004.
- Sites are only for reading.
- Lack of interactivity and automation.
- Minimal user participation in the formation of content.
- The primitive design.
2️⃣ Web 2.0:
- Users participate in the life of the Internet and fill it with content.
- Large corporations are setting the trends.
- User data has become a "commodity" for advertisers, "the era of targeted advertising and lack of privacy.
- Users have no control over their data, and corporations can delete inappropriate content.
- Information is still stored on single servers and released on demand.
3️⃣ Web 3.0:
Decentralization.
Data will be distributed to users.
AI and machine learning.
AI can be used to identify custom comments on marketplaces.
Openness.
Software will be mostly open source.
Freedom.
It is expected that censorship on the Web will be abolished, and everyone will have the opportunity to publish any content.
Ubiquity.
Experts believe that in the era of Web 3.0, the Internet will be almost anywhere, and IoT devices and "smart" gadgets will be the distributors.
Website|Platform|Telegram Chat|Twitter|Facebook|Discord
They're talking about it everywhere, but no one is saying what it is. Let's find out right now!
✅ Web 3.0 is the new age of the Internet. In total the Internet is divided into 3 eras. Let's take a closer look.
1️⃣ Web 1.0:
- The stage from 1991 to 2004.
- Sites are only for reading.
- Lack of interactivity and automation.
- Minimal user participation in the formation of content.
- The primitive design.
2️⃣ Web 2.0:
- Users participate in the life of the Internet and fill it with content.
- Large corporations are setting the trends.
- User data has become a "commodity" for advertisers, "the era of targeted advertising and lack of privacy.
- Users have no control over their data, and corporations can delete inappropriate content.
- Information is still stored on single servers and released on demand.
3️⃣ Web 3.0:
Decentralization.
Data will be distributed to users.
AI and machine learning.
AI can be used to identify custom comments on marketplaces.
Openness.
Software will be mostly open source.
Freedom.
It is expected that censorship on the Web will be abolished, and everyone will have the opportunity to publish any content.
Ubiquity.
Experts believe that in the era of Web 3.0, the Internet will be almost anywhere, and IoT devices and "smart" gadgets will be the distributors.
Website|Platform|Telegram Chat|Twitter|Facebook|Discord
👍3
☀️ What happened this week?
Every day of the BaksDAO project is eventful. Sometimes it's easy to miss news or an interesting event. Let's recap the week.
⚡️ Events:
— BaksDAO Integrates Chainlink Price Feeds.
— Launch of BaksDAO Academy!
— BaksDAO.Finance platform is available in 5 new languages!
— Results of the meme contest!
— Chainalysis: the profit from investments in cryptocurrencies in 2021 exceeded $162 billion, the leader is the U.S
🧠 Helpful content:
— What is Web 3.0?
🟣 BaksDAO Int |Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
Every day of the BaksDAO project is eventful. Sometimes it's easy to miss news or an interesting event. Let's recap the week.
⚡️ Events:
— BaksDAO Integrates Chainlink Price Feeds.
— Launch of BaksDAO Academy!
— BaksDAO.Finance platform is available in 5 new languages!
— Results of the meme contest!
— Chainalysis: the profit from investments in cryptocurrencies in 2021 exceeded $162 billion, the leader is the U.S
🧠 Helpful content:
— What is Web 3.0?
🟣 BaksDAO Int |Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
🔥 The Central African Republic has legalized bitcoin as a means of payment.
On Thursday, April 21, the government of the Central African Republic approved the legalization of BTC as a legal tender. The country became the first on the continent to legalize cryptocurrency in this status.
⚙️ Purposes of legalization:
- CAR will accept BTC to pay for goods and services
- Authorities expect the cryptocurrency will be able to pull the economy out of crisis
✅ How does the government plan to use cryptocurrencies?
The regulation includes not only the legalization of bitcoin, but also a comprehensive strategy to rebuild the economy based on digital assets.
The plan also calls for the integration of blockchain technology into various areas of activity, including government paperwork.
|Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
On Thursday, April 21, the government of the Central African Republic approved the legalization of BTC as a legal tender. The country became the first on the continent to legalize cryptocurrency in this status.
⚙️ Purposes of legalization:
- CAR will accept BTC to pay for goods and services
- Authorities expect the cryptocurrency will be able to pull the economy out of crisis
✅ How does the government plan to use cryptocurrencies?
The regulation includes not only the legalization of bitcoin, but also a comprehensive strategy to rebuild the economy based on digital assets.
The plan also calls for the integration of blockchain technology into various areas of activity, including government paperwork.
|Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
🔥2
🔥 Additional BDV token features.
Right now, the BaksDAO team is working on deploying new smart contracts with loan repayment features in BDV.
✅ Benefits of using a BDV token:
1. Reduction of interest rates on loans from 11% APR to 3% APR, subject to repayment of loans with BDV tokens (after adding value to the BDV token).
2. BDV deposit rate of 21% APR (after adding value to a BDV token).
🟣 Token BDV:
— BEP-20 tokens embedded in the BaksDAO protocol.
— Represents a collaborative management tool.
— Token issuance is tied to the growth of TVL (Total Value Locked) platform funds.
The main value of a token:
BDV holders can vote on a number of different issues - each user with these tokens is ennoscriptd to vote on platform development and changes to how the system algorithms work.
💵 You will be able to buy BDV at IDO in the 2nd quarter. The opportunity to exchange will appear after listing on DEX in the 2nd quarter of 2022.
|Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
Right now, the BaksDAO team is working on deploying new smart contracts with loan repayment features in BDV.
✅ Benefits of using a BDV token:
1. Reduction of interest rates on loans from 11% APR to 3% APR, subject to repayment of loans with BDV tokens (after adding value to the BDV token).
2. BDV deposit rate of 21% APR (after adding value to a BDV token).
🟣 Token BDV:
— BEP-20 tokens embedded in the BaksDAO protocol.
— Represents a collaborative management tool.
— Token issuance is tied to the growth of TVL (Total Value Locked) platform funds.
The main value of a token:
BDV holders can vote on a number of different issues - each user with these tokens is ennoscriptd to vote on platform development and changes to how the system algorithms work.
💵 You will be able to buy BDV at IDO in the 2nd quarter. The opportunity to exchange will appear after listing on DEX in the 2nd quarter of 2022.
|Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
🔥1
💰 What are the advantages of crypto-loan?
✅ Convenience.
- Banking systems use complex algorithms to assess the solvency of the client. The borrower needs to collect an impressive package of documents, which takes a lot of time and effort to collect.
+ To get a loan from BaksDAO, all you have to do is connect your wallet. You can get a loan from anywhere in the world at any time of the day or night in just a few minutes.
✅ Interest rate.
+ BaksDAO charges up to 11% APY.
✅ Maturity.
- When you take a loan from a regular bank, the borrower is obliged to make payments strictly according to the bank's schedule.
+ The loan at BaksDAO is unlimited, which means you can repay it as you please.
💸 For whom is it especially convenient to take out cryptocurrency loans?
1️⃣ Traders.
Without selling their assets, they can get additional funds.
2️⃣ Small businesses, especially blockchain startups.
They often prefer to pledge in cryptocurrency and receive credit in fiat money. This is possible on the BaksDAO platform.
3️⃣ Miners and Holders.
BaksDAO gives you an opportunity to save and multiply your cryptocurrency, pay rent, electricity and other expenses.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
✅ Convenience.
- Banking systems use complex algorithms to assess the solvency of the client. The borrower needs to collect an impressive package of documents, which takes a lot of time and effort to collect.
+ To get a loan from BaksDAO, all you have to do is connect your wallet. You can get a loan from anywhere in the world at any time of the day or night in just a few minutes.
✅ Interest rate.
+ BaksDAO charges up to 11% APY.
✅ Maturity.
- When you take a loan from a regular bank, the borrower is obliged to make payments strictly according to the bank's schedule.
+ The loan at BaksDAO is unlimited, which means you can repay it as you please.
💸 For whom is it especially convenient to take out cryptocurrency loans?
1️⃣ Traders.
Without selling their assets, they can get additional funds.
2️⃣ Small businesses, especially blockchain startups.
They often prefer to pledge in cryptocurrency and receive credit in fiat money. This is possible on the BaksDAO platform.
3️⃣ Miners and Holders.
BaksDAO gives you an opportunity to save and multiply your cryptocurrency, pay rent, electricity and other expenses.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
👏 One of Dubai's largest developers will start accepting bitcoin and Ethereum.
One of largest developers of luxury real estate in Dubai - DAMAC Properties - will start accepting cryptocurrencies. The company's clients will be able to use bitcoin and Ethereum as a means of payment.
Speaking on the occasion, Ali Sajwani, General Manager of Operations at Damac and lead of the organisation’s digital transformation initiatives, said:
«Damac Properties has always been at the forefront of innovations from developing luxury homes to creating unique experiences. This move towards customers holding cryptocurrency is one of our initiatives at Damac to accelerate the new economy for newer generations, and for the future of our industry.»
💪 This is a big win for the crypto community. We're building a new world!
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
One of largest developers of luxury real estate in Dubai - DAMAC Properties - will start accepting cryptocurrencies. The company's clients will be able to use bitcoin and Ethereum as a means of payment.
Speaking on the occasion, Ali Sajwani, General Manager of Operations at Damac and lead of the organisation’s digital transformation initiatives, said:
«Damac Properties has always been at the forefront of innovations from developing luxury homes to creating unique experiences. This move towards customers holding cryptocurrency is one of our initiatives at Damac to accelerate the new economy for newer generations, and for the future of our industry.»
💪 This is a big win for the crypto community. We're building a new world!
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
👍1
😳 The volume of funds on the Ethereum 2.0 deposit contract exceeded 12 million ETH.
The volume of funds involved in the Ethereum 2.0 deposit contract exceeded 12 million ETH (~$34.15 billion). This is evidenced by data from Etherscan and CoinGecko.
The deposit contract is the largest ecosystem address. In second place with a balance of 6 million ETH is the Wrapped Ethereum contract. In third place is one of the wallets of the Kraken exchange (2.11 million ETH).
✅ Deposit ETH at interest.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
The volume of funds involved in the Ethereum 2.0 deposit contract exceeded 12 million ETH (~$34.15 billion). This is evidenced by data from Etherscan and CoinGecko.
The deposit contract is the largest ecosystem address. In second place with a balance of 6 million ETH is the Wrapped Ethereum contract. In third place is one of the wallets of the Kraken exchange (2.11 million ETH).
✅ Deposit ETH at interest.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
💸 Types of wallets.
There really do seem to be a lot of wallets, but the choice is not as great as it might seem.
❌ Web wallets.
Also called exchange or online wallets. They should be excluded first and foremost. Their danger is that the wallet does not actually belong to you, you can only send and receive funds to it.
Risks:
- Freezing your funds at the owner's initiative.
- Having your balance cancelled.
- The transfer of your data to the government.
- Freezing your account at the request of the court or authorities.
❌ Paper wallet.
The main disadvantage of paper wallets is that they are not suitable for partial sending of funds, you can only send the entire balance at once. This is extremely inconvenient.
The second disadvantage of this wallet is the huge risk of losing your keys. A flood, a fire or the elementary loss of a key sheet will result in the total loss of all funds. Not pragmatic.
✅ A desktop or mobile wallet.
Perhaps this is the middle ground between security and convenience.
Pros:
- More secure than paper or web-based wallets.
- Convenient to make transactions online.
- Support a large number of cryptocurrencies and tokens.
Cons:
- The device on which the app is installed may be vulnerable.
- When choosing a desktop or mobile wallet, it is important to take care of the security of the device.
✅ Hardware wallet.
This wallet is the safest in terms of risks of wallet data theft. It is a standalone device similar to a USB flash drive. The data from there cannot be stolen by hackers.
Pros:
- Maximum security against theft.
- Funds are 100% under your control.
Cons:
- Funds are 100% under your control.
- Internet connection for transactions is still required.
In this case it is up to you, if you lose your wallet, it becomes defective, it fails - your funds are lost.
✅ The choice is yours!
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
There really do seem to be a lot of wallets, but the choice is not as great as it might seem.
❌ Web wallets.
Also called exchange or online wallets. They should be excluded first and foremost. Their danger is that the wallet does not actually belong to you, you can only send and receive funds to it.
Risks:
- Freezing your funds at the owner's initiative.
- Having your balance cancelled.
- The transfer of your data to the government.
- Freezing your account at the request of the court or authorities.
❌ Paper wallet.
The main disadvantage of paper wallets is that they are not suitable for partial sending of funds, you can only send the entire balance at once. This is extremely inconvenient.
The second disadvantage of this wallet is the huge risk of losing your keys. A flood, a fire or the elementary loss of a key sheet will result in the total loss of all funds. Not pragmatic.
✅ A desktop or mobile wallet.
Perhaps this is the middle ground between security and convenience.
Pros:
- More secure than paper or web-based wallets.
- Convenient to make transactions online.
- Support a large number of cryptocurrencies and tokens.
Cons:
- The device on which the app is installed may be vulnerable.
- When choosing a desktop or mobile wallet, it is important to take care of the security of the device.
✅ Hardware wallet.
This wallet is the safest in terms of risks of wallet data theft. It is a standalone device similar to a USB flash drive. The data from there cannot be stolen by hackers.
Pros:
- Maximum security against theft.
- Funds are 100% under your control.
Cons:
- Funds are 100% under your control.
- Internet connection for transactions is still required.
In this case it is up to you, if you lose your wallet, it becomes defective, it fails - your funds are lost.
✅ The choice is yours!
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord