• #27. Crypto Wallet : everything to know

  • Nov 20 2024
  • Length: 31 mins
  • Podcast

#27. Crypto Wallet : everything to know

  • Summary

  • Have you ever wondered how to safely store your cryptocurrency? In this episode, we tackle the intriguing world of crypto wallets, a fundamental tool for anyone venturing into digital currencies. We explore the differences between cold and hot wallets, and discuss how to choose the right one based on your security needs and transaction habits. From the digital Fort Knox security of cold wallets to the convenience of hot wallets for everyday transactions, we delve into the pros and cons of each, helping you make an informed decision.

    Our guest today is an expert in the field of cryptocurrency storage solutions. Drawing insights from reputable sources like French Numerama Cryptos and Coin Academy, they provide a comprehensive overview of the various wallet options available. Whether you're a seasoned crypto enthusiast or a curious beginner, our guest's expertise offers valuable guidance on navigating the complexities of crypto wallets. Their recommendations include popular options like the Ledger Nano X and MetaMask, highlighting their features and potential risks.

    The episode covers a wide range of topics, including the importance of owning your own wallet for enhanced security and control over your assets. We discuss the significance of private keys and recovery phrases, and emphasize the need for strong security practices to protect your digital wealth. Additionally, we explore the future of crypto wallets, envisioning a world where they become as ubiquitous as bank accounts, and consider the challenges and opportunities that lie ahead in achieving widespread adoption. Join us for this insightful discussion and equip yourself with the knowledge to safely navigate the world of crypto wallets.

    0:00:00 - Introduction to Crypto Wallets

    0:00:32 - Differences Between Cold Wallets and Hot Wallets

    0:01:67 - Cold Wallet Options: Ledger Nano X, Tangem

    0:02:144 - Introduction to the Ledger Stacks

    0:03:181 - How Hot Wallets Work

    0:04:251 - Overview of MetaMask

    0:05:320 - Trust Wallet as an Option for Beginners

    0:06:381 - Importance of Owning Your Own Wallet

    0:09:574 - Wallet Security: Protection Against Risks

    0:10:602 - Using MetaMask with a Hardware Wallet

    0:18:1188 - Security Tips for Crypto Wallets

    0:23:1427 - Future Adoption of Crypto Wallets and Challenges Ahead

    This episode is brought to you by Pascal ROCHE and the production studio "Je ne perds jamais." Let's speak crypto and explore the mystery together.
    https://www.linkedin.com/in/rochepascal/

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