What is the best Ontology wallet?
You need to have a Ontology wallet installed before you can start buying, selling or trading Ontology on the Anycoin Direct platform A Ontology wallet can be used to keep and send Ontology. In this article, you will get to know what a Ontology wallet is used for, what kinds of Ontology wallets are available, which ones we recommend and more.
What is a Ontology wallet?
A Ontology wallet can either be a software, service or gadget that saves your private and public keys and communicates with the blockchain. The public key that your wallet contains, which also gives you a wallet address, can be compared to your Ontology bank number. Your private key serves as the access code to your Ontology bank account, which can be seen as the public key, and used to transfer Ontology.
What kind of Ontology wallets are there?
There are many different types of Ontology wallets available. These differ from digital wallets that you can access through the web to highly secured hardware wallets. On the picture below we have highlighted multiple wallet types and their attributes.
Which Bitcoin Ontology wallets does Anycoin Direct recommend?
At Anycoin Direct we have made a selection of recommended Ontology wallets for our customers:
- Online wallet: Cyano
- Software wallet: Exodus, Guarda
- Mobile wallet: ONTO
- Full node wallet: OWallet
- Hardware wallets: Ledger
Be aware, that Anycoin Direct is not responsible for the usage of these wallets. Always do your own research!
How can you use your Ontology wallet on the Anycoin Direct platform?
After you have set up your Ontology wallet, you can start buying, selling or trading Ontology. By clicking the receive button in your wallet you are able to see your Ontology wallet address, which we will ask you to enter in the flow to buy Ontology. If you want to sell Ontology, you have to click the 'send' button in your Ontology wallet, which lets you enter Anycoin Direct's Ontology wallet address.