Posted on January 1, 2018 at 12:00 PM
Introduction & Wallets List
Cryptocurrency Wallet is a software which provides you with valid Wallet Address that you can use to Receive or Send Payments in AltCoins.
Since every Cryptocurrency is built on a different Blockchain, you need a Wallet Addresses for different Coins you will be dealing with.
With this being said, most of the Blockchains usually suggest a Wallet which you can use when Trading their Cryptocurrency. For most of the Coins, the default options are the best and the most secured ones.
However, some Cryptocurrencies like Bitcoin have had such increase in popularity that Users required new options.
Before we name some, lets mentioned different types of Wallets that can be found these days.
Cryptocurrency Wallets is a software safely storing your Ownership of an AltCoin. With this being said, we can divide them into Categories based on the Place they store the information on.
Hardware Wallets: Usually a USB device on which your private key is stored on. Easy transactions and increased security by keeping your data offline.
Desktop Wallets – Software accessible only from the single computer it is installed on. Very vulnerable to viruses, but otherwise fairly secure.
Online Wallets – Run on a “cloud service” online. Very accessible, but highly susceptible to hacking attacks and theft.
Mobile Wallets – Same as a desktop wallet with the added benefit of portability of a phone app, with fewer options.
Paper Wallets – usually a printout of your private and public keys, seldom a software. Securely generates a pair of keys which are then printed.
With all the options for storing and trading Bitcoin, we are going to name one of, if not, the best ones around.
Electrum is a Bitcoin Desktop Wallet which you can use across multiple Platforms such as Windows, Max and Linux.
Secure, safe and fast.
Since the 2011 when it was founded, many developers have contributed to the source code, making Electrum Wallet one of the most secure and trusted options out there.
While you may find the lack of multiple Cryptocurrencies on a single wallet a lack of features, this has directly affected in the quality of an end product. Focusing on Bitcoin and making their platform safe and efficient, has led to 10% of all Bitcoin Transactions going through Electrum Wallet.
You can download the Electrum Wallet here: https://electrum.org and you’re ready to safely store your Bitcoin funds.
Other than the Wallets mentioned above, there are special Services you use in order to automatically store Coins collected from Faucets.
Because of this, people are often referring to these Solutions as MicroWallets.
With the popularity gained, they implemented a different set of features in order to attract User base. This resulted in MicroWallets with Exchanges, Games, as well as Mining Options as a part of their service.
We’re going to name two of the Biggest, as well as a list of faucets for you to claim Bitcoin and other Cryptos on. Once again, all these claims get automatically transferred to your MicroWallet.
CoinPot is a MicroWallet with huge Reputation in the Crypto Industry. It’s been around since forever and is one of the safest places to store your Crypto Assets.
It automatically collects and stores the Prize you claim from 7 Faucets that are in their Network.
All you have to do is Register on CoinPot here, then claim Coins from the listed Faucets below using the same E-Mail.
For more information about how these Faucets work, as well as how to use Bonuses in your advantage read guide Here.
CoinPot also awards you with their Own tokens for every Claim you or your Referrals make. You can exchange these Tokens for any other Cryptocurrency available on their Wallet.
FaucetHub.io works the same way as CoinPot Microwallet. However, there are many Faucets linked to FaucetHub using their Automatic Payment service. Faucets like our own.
In order to use FaucetHub as a MicroWallet, simply Register Here.
On FaucetHub.io you will also find Exchange Platform on which you can trade Currencies for a certain Fee.
With the options, we named in this article, as well as the Blockchain suggested Wallets, you can safely store any Currency of your choice.
All you have to do is Earn them so, Start Claiming Now!