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WELCOME TO THE CRYPTO FAMILY! HOW TO EDITION!
Hello, family! Crypto Casey, here and I, are on a mission to improve people's lives through #crypto education. In this important video, we discuss what cryptocurrency #wallets are, how they work, and how to quickly create one and transfer your crypto, step by step. We also distinguish between “hot” and “cold” wallets. Let's go!
TIME STAMP
00:00 – Introduction
01:25 – What is a cryptocurrency wallet?
01:49 – What is blockchain?
02:22 – Think of crypto wallets as keys to accessing funds
02:48 – How do cryptocurrency wallets work?
03:20 – Your bank is like blockchain
03:35 – Online banking apps are like crypto wallets
03:45 – Banking app login information is like private keys
03:53 – Public keys are like bank account numbers
04:40 – Keep private keys private
05:10 – Summary of crypto wallets
05:21 – What are the different types of cryptocurrency wallets?
05:41 – What is a popular cryptocurrency wallet?
06:00 – Why keeping crypto on exchanges is dangerous
07:00 – The safest way to store cryptocurrencies is using cold wallets
07:55 – Important facts about hardware wallets
08:52 – How to set up your own crypto wallet, step by step
1:40 p.m. – How to transfer cryptocurrencies from Exchange to a wallet
4:45 p.m. – EUREKA MOMENT! How to lose all your crypto!
6:50 p.m. – Conclusion
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WHAT NEXT? ️
Make sure to subscribe, turn on notifications, like and share this video! And then sit back and enjoy a binge information session by watching my other how-to videos on crypto, blockchain and #finance:
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TOPICS: how to set up a crypto wallet, how to withdraw crypto from an exchange, how crypto wallets work, what is a crypto wallet.
NOTE: This description contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no extra cost to you). Thank you for supporting the channel!
DISCLAIMER: The information contained herein is provided for informational purposes only and should not be construed as financial, legal, or tax advice. The content of this video reflects solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular results. 2023 CryptoCasey. All rights reserved.
️ Be safe out there.
-CryptoCasey
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