This course delves into the subject of cryptocurrency wallets and covers what they are, how to choose the right one for you, and how to buy and sell cryptocurrency.
Welcome to this section in the course, which is all about getting to grips and Cryptocurrency wallets, a fundamental aspect of this ecosystem and becoming a part of it.
In this lecture, I want to give you an introductory rundown of what we'll be discussing in each lecture before immersing ourselves with Cryptocurrency wallets. So, let's take it from the top. One, what are wallets? Starting the meat of this section, we're going to dive into what wallets are. It's key you understand the role wallets play as they are your entry in this ecosystem.
Two, which wallet to choose. Now, all wallets serve a similar purpose: to store cryptocurrencies. But the way they do that differs. Some are cold wallets, some are what we refer to as hot wallets.
In this lecture of the course, we'll be helping you to decide which wallet will be best for your needs. Three, how to set up your wallet. Once we've decided which wallet you'll be going ahead with, we'll be showing you how the setup of the wallet works, walking you through step by step setting it up on your device. Four, buying your first Cryptocurrency.
Now that we'll have your wallet set up by this lecture, we can commence to buy your first piece of Cryptocurrency. So, this is where we will show you with every step included on how to do that. Five, selling your first Cryptocurrency.
So, on top of showing you how to buy your Cryptocurrency, we'll also be showing you how to sell Cryptocurrency should you wish to profit from the price rises in the market. From there, we'll then round off with a lecture summarizing this section. But as a whole, that is how this whole section is structured to help you understand Cryptocurrency wallets on a practical and theoretical basis.
Ravinder is an expert instructor in the field of cryptocurrencies and blockchain, having helped thousands of people learn about the subject. He's also the founder of B21 Block, an online cryptocurrency and blockchain school.