What is the best Qtum wallet?
Before you can start your cryptocurrency journey, you are required to have created and set up your personal Qtum wallet. Having a Qtum wallet enables you to send and receive Qtum. In this guide, we will explain you what a Qtum wallet is, what kind of Qtum wallets are available, which Qtum wallets we recommend and how you can use your Qtum wallet at Anycoin Direct.
What is a Qtum wallet?
A Qtum wallet is a physical device, software program or service that stores your public and private keys and interacts with the blockchain. The public key of your wallet, also known as your “wallet address”, can be seen as your account number for Qtum, where everyone can send funds to but nobody can withdraw funds from without this wallet. The private key of your wallet can be seen as the password for your Qtum bank account, which you can use to send Qtum from your wallet to another.
What kind of Qtum wallets are there?
There is a wide variety of different Qtum wallets on the market you can use. These can range from free online web-based wallets to somewhat expensive hardware wallets with very solid security features. The different kind of wallets and their properties are described below.
Which Qtum wallets does Anycoin Direct recommend?
At Anycoin Direct we have made a selection of recommended QTUM wallets for our customers:
- Online wallet: QTUM wallet
- Software wallet: Exodus
- Mobile wallet: Exodus Mobile
- Full node wallet: QTUM Core
- Hardware wallets: Ledger, Trezor
Be aware, that Anycoin Direct is not responsible for the usage of these wallets. Always do your own research!
How can you use your Qtum wallet on the Anycoin Direct platform?
You can use your Qtum wallet to buy, sell or trade Qtum on the Anycoin Direct platform. To buy Qtum, open your wallet and click on the receive button to show you your Qtum address, which you have to fill in on our platform. To sell Qtum you need to click on the 'send' button in your wallet, which will let you fill in the Qtum address of Anycoin Direct provided to you in the sell flow.