What is the best Blackcoin wallet?
Before you can begin your cryptocurrency adventure, you need to open a Blackcoin wallet. Having a Blackcoin wallet enables you to send and receive Blackcoin. In this article, you will get to know what a Blackcoin wallet is used for, what kinds of Blackcoin wallets are available, which ones we recommend and more.
What is a Blackcoin wallet?
A Blackcoin wallet can both be physical or digital, keeps your public and private keys and connects with the ledger. The public key of your wallet, also known as your “wallet address”, can be seen as your account number for Blackcoin, where everyone can send funds to but nobody can withdraw funds from without this wallet. Your private key serves as the access code to your Blackcoin (BLK) bank account, which can be seen as the public key, and used to transfer Blackcoin.
What kind of Blackcoin wallets are there?
A diversity of Blackcoin wallets are available for you to choose from. These can range from free online web-based wallets to somewhat expensive hardware wallets with very solid security features. On the picture below we have highlighted multiple wallet types and their attributes.
Which Blackcoin wallets does Anycoin Direct recommend?
At Anycoin Direct we have made a selection of recommended Blackcoin wallets for our customers:
- Light wallet: Blackcoin More
- Full node wallet: Blackcoin Core
Be aware, that Anycoin Direct is not responsible for the usage of these wallets. Always do your own research!
How can you use your Blackcoin wallet on the Anycoin Direct platform?
By having created a Blackcoin wallet, you can now begin buying, trading or selling Blackcoin on Anycoin Direct. To buy Blackcoin, open your wallet and click on the receive button to show you your Blackcoin address, which you have to fill in on our platform. If you want to sell Blackcoin, you have to click the 'send' button in your Blackcoin wallet, which lets you enter Anycoin Direct's Blackcoin wallet address.