What is the best Peercoin wallet?
Before you can begin your cryptocurrency adventure, you need to open a Peercoin wallet. Having a Peercoin wallet enables you to send and receive Peercoin. Throughout this article, we will tell you the purpose of a Peercoin wallet, the different types of Peercoin wallets, the Peercoin wallets we recommend and how you can use your Peercoin wallet to buy or sell Peercoin on the Anycoin Direct platform.
What is a Peercoin wallet?
A Peercoin 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 Peercoin, where everyone can send funds to but nobody can withdraw funds from without this wallet. You can access the balance on your public key through your wallet's private key, which is used to approve transactions in the ledger.
What kind of Peercoin wallets are there?
A diversity of Peercoin 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 image below you can find the most popular wallets and their characteristics.
Which Peercoin wallets does Anycoin Direct recommend?
At Anycoin Direct we have made a selection of recommended Peercoin wallets for our customers:
- Full node wallet: Peercoin Core
- 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 Peercoin wallet on the Anycoin Direct platform?
By having created a Peercoin wallet, you can now begin buying, trading or selling Peercoin on Anycoin Direct. To buy Peercoin, open your wallet and click on the receive button to show you your Peercoin address, which you have to fill in on our platform. By clicking the 'send' button in your Peercoin wallet you are able to enter the Anycoin Direct Peercoin wallet address, which is required for you to sell Peercoin.